38 Burst results for "Third Game"
Bankless
A highlight from 196 - 10 Timeless Lessons for Crypto Investors With Morgan Housel
"Look, I'm a very optimistic guy, but the answer is no, there's absolutely no hope whatsoever. I would bet so heavily that 100 years from now we're going to have bubbles that would look exactly like they did in 1999 and exactly like they would have during the housing bubble. Pick your bubble 100 years from now, 200 years from now, that's going to be the case. Welcome to Bankless, where we explore the frontier of internet money and internet finance. This is how to get started, how to get better, how to front run the opportunity. This is Ryan John Adams, and I'm here with David Hoffman, and we're here to help you become more bankless. Guys, a lot has changed in crypto throughout the cycles, but some things haven't. We're here to talk about the things that haven't changed. We've got timeless investing wisdom applied to crypto from writer and investor Morgan Housel on today's episode. So a few different things you need to know for different parts of the cycle. We've got lessons for the bear market, lessons for the bull market, and lessons for the apathy market. A few takeaways for you. Number one, why the bear market was painful, necessary, and yet good. Number two, why those that survived the bear market now have an advantage. Number three, how to manage your brain during a bull market when things get frothy. Number four, how to actually be happy no matter how much wealth you have. Number five, the traps that you're going to fall into during the bull market, unless you know how to spot them well in advance. Number six, optimism versus pessimism, how to balance them to become a better investor. David, I could have been like listed 10 more of these because I feel like the insights per minute on this episode today were absolutely off the charts. We put in the title 10 timeless lessons for crypto, but the truth is there's probably like a hundred here. There's like too many to count and we didn't really count them. What's the significance of this episode for you? I think the most significant thing about this episode is the timing in which Morgan's book just happened to come out along with all of the bullishness that's coming out of the crypto space. We are about to enter a time in which the bull market beer goggles are on and we need advice like this to merge into our brain and have deep understanding of as we navigate that bull market because this is when the time in the market in which this advice is the hardest to follow, yet it is going to have the most ROI if you can follow it. This is like trying to flex your brain muscle, your diligence, your own discipline as an investor. And so like listen to this episode, write notes, listen to it twice, do something that you need to do to merge this information into your brain because it will save you multiples of your portfolio as you navigate the bull market. It is timeless wisdom. It's wealth generation strategy is wealth preservation. And it's also, I would say just like the perfect Ryan and David episode, one part investing, one part psychology. Like I said, just the timing of it all. I think it is perfect. Yeah. The wise investor wins. The disciplined investor wins. I think this is even truer in crypto than it is in traditional markets, actually, David. And so we hope you enjoyed this episode with Morgan Housel. He'll be right on. We're going to begin in a minute, but before we do, we want to thank the sponsors that made this possible, including the venue in which you could practice all of this timeless crypto wisdom. That's Kraken, which is our number one recommended exchange for 2023. If you don't have an account, what are you waiting for? Go create one. Kraken knows crypto. Kraken's been in the crypto game for over a decade and as one of the largest and most trusted exchanges in the industry, Kraken is on the journey with all of us to see what crypto can be. Human history is a story of progress. It's part of us, hardwired. We're designed to seek change everywhere, to improve, to strive. And if anything can be improved, why not finance? Crypto is a financial system designed with the modern world in mind, instant permissionless and 24 seven. It's not perfect and nothing ever will be perfect, but crypto is a world changing technology at a time when the world needs it the most. That's the Kraken mission, to accelerate the global adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. Head on over to kraken .com slash bankless to see what crypto can be. Not investment advice, crypto trading involves risk of loss. Cryptocurrency services are provided to US and US territory customers by Payword Ventures EEC, PVI, doing business as Kraken. Metamask Portfolio is your one -stop shop to navigate the world of DeFi. And now bridging seamlessly across networks doesn't have to be so daunting anymore. With competitive rates and convenient routes, Metamask Portfolio's bridge feature lets you easily move your tokens from chain to chain using popular layer one and layer two networks. And all you have to do is select the network you want to bridge from and where you want your tokens to go. From there, Metamask vets and curates the different bridging platforms to find the most decentralized, accessible and reliable bridges for you. To tap into the hottest opportunities in crypto, you need to be able to plug into a variety of networks and nobody makes that easier than Metamask Portfolio. Instead of searching endlessly through the world of bridge options, click the bridge button on your Metamask extension or head over to metamask .io slash portfolio to get started. Arbitrum is accelerating the web three landscape with a suite of secure Ethereum scaling solutions. Hundreds of projects have already deployed on Arbitrum one with flourishing DeFi and NFT ecosystems. Arbitrum Nova is quickly becoming a web three gaming hub and social dapps like Reddit are also calling Arbitrum home. And now Arbitrum Orbit allows you to use Arbitrum's secure scaling technology to build your own layer three, giving you access to interoperable, customizable permissions with dedicated throughput. Whether you are a developer, enterprise or user, Arbitrum Orbit lets you take your project to new heights. All of these technologies leverage the security and decentralization of Ethereum and provide a builder experience that's intuitive, familiar and fully EVM compatible, faster transaction speeds and significantly lower gas fees. So visit arbitrum .io where you can join the community, dive into the developer docs, bridge your assets and start building your first app with Arbitrum. Experience web three development the way it was always meant to be secure, fast, cheap and friction free. Bagel station. Morgan Housel is a writer and investment partner at the collaborative fund. We had Morgan on a year ago to talk about the principles in his book called the psychology of money. I got it right behind me on the bookshelf. I don't know if you could see it guys. It's one of the best investing books that I've read in the last decade. And that episode is my recommendation for one of our top 10 must listen to episodes for crypto investors, particularly if you're starting on the bankless journey. But today, Morgan brought some new timeless advice for us because he's just published a new book. It's called the same as ever. And this is a guide to what never changes. It's a series of 23 punchy stories, timeless truths about people, societies and how to live. This, my friends, is important wisdom as we go into the crypto bull market. Morgan, welcome to Bankless. Welcome back, I should say. Yeah, Ryan, David, thanks for having me. Looking forward to it. I mean, let's start with the theme of this book. Why are you focusing on stuff that's the same? Isn't the same stuff boring? Like, why not new things? It is boring, which is why we don't pay attention to it. But that's always at our own detriment. So I've been a financial writer for going on 18 years now. And a big part of that journey and what I've written about was just how like frustrated, cynical, disgruntled I became at how bad the entire industry was at forecasting the next bear market, the next recession, like anything, no matter what it was. I mean, here's one little example of this that I was thinking about this morning. I remember I'm pretty sure it was in Fortune magazine. It was one of the big business magazines. They published an article in 1999 that was 10 stocks for the decade ahead. It was like 10 safe blue chip stocks that like you can count on for the decade ahead. And I swear it was Enron, AIG, Kodak. It was like go down the list of the companies that went out of business. This is one like everyone knows how bad the community is, not just the media community, but economists, financial advisors, analysts, portfolio managers, and predicting what's going to happen next. So there's two things you can do with that realization. You can become even more angry about it and just a fatalist and say, nobody knows anything. Don't even try. Or you can say, what does never change? We have no ability to predict what is going to change. That's probably too blanket of a statement, but it rounds to that for most people. But if you look across economic history, and not just economic history, but a lot of history, it's the same behaviors over and over and over again. It's like how we respond to greed and fear and risk and uncertainty that never changes. And if you read about financial crises from 100 years ago, 200 years ago, it's the same thing. It's the same thing over and over and over again. So then I was like, well, let's just focus on that. Let's just focus on what we know is never going to change. I have no idea when the next bear market is going to come, but I know exactly how people are going to respond to it and what they're going to think about it and how they're going to feel, because that's never changed. So that was kind of where it came into play for me, was just starting with a frustration and then saying, okay, well, what's the positive way out of that observation rather than just becoming more of a cynic? Morgan, if I can make a prediction about the content that we were about to discuss, there's that old quip of one fish swims past the other and says, how's the water? I think the fish replies, what's water? Implying that there are so many things that happen so frequently that we just can't identify it. I think the Bankless version of this was like our first few episodes was about identifying money because it's such an invisible force that we never really approach and attack head on, that when you do, your brain opens up and all of a sudden there's a world that's expanded to you. I feel like that's about what we're about to get with you in a variety of different lessons. There are so many fundamental about truths the way that the world works that we just are not awoke to because of how like default they are, how common denominator that are. That's my prediction about this. And here's what I love about this. I've been pretty open. I'm not a crypto investor. I'm not a crypto, you know, completely negative. It's all going to hell. It's all a joke. I'm not that person either. But here's why I think that doesn't matter in this. And this is the same for psychology and money. The overlap between the behaviors among a crypto investor versus an index fund investor versus a mutual like a municipal bond investor. There's a lot of overlap there. How people respond to greed, fear, risk, uncertainty, it's all the same. And so much of what I've loved about the kind of research that I get to do is I'm a financial writer, but actually don't read or research that much about finance. I love reading about all kinds of different history, all kinds of different fields and recognizing when those behaviors in medicine or military or like physics or take any field and seeing how they respond to these topics applies perfectly to investing. Morgan, so another thought I have, you were talking about your frustration. You decided to channel that frustration with all of the, you know, noise in the finance industry into a book, The Psychology of Money, and now kind of this book. I still predict that people like you, people like me, maybe people like David, people who are listening to this advice and this wisdom and actually applying it will still continue to be frustrated because I think we are still in the minority of people who are actually applying these lessons. So I'm zooming out. Crypto is probably about to enter a next bull market. And Morgan, I guarantee you, we are going to make many of the exact same mistakes we made in the previous bull market and we're going to do it over and over and looking at this and you're like, it's going to happen again, isn't it? We're going to do the exact same thing. Is there any hope in this book of breaking us out of that cycle or is the hope only at the individual level that an individual can kind of wake up and be like, Hey, I don't have to do this. I can see all the other dumb humans repeating the same mistakes, but I don't have to do it. Or is there hope that we could actually break this cycle as kind of a society, as an industry, as a, you know, a market? Look, I'm a very optimistic guy, but the answer is no, there's absolutely no hope whatsoever.
WTOP 24 Hour News
Fresh update on "third game" discussed on WTOP 24 Hour News
"Of course they're furry. They give you unconditional love all year so this holiday season why not give them something special. Rocky Gorge Resort has a store filled with unique fun things that they will love at very affordable prices. These are things you won't find everywhere. Stop by, tell them Dr. Wolchinski sent you and you'll get an additional 10 % off. Happy holidays everyone. Washington's top news. WTOP facts matter. 915, I'm Michelle Bash. The Washington commanders are four and eight on a three -game losing streak, have no defensive coordinator and their playoff hopes are fading away. Now the Miami Dolphins with one of the best offenses in the NFL are coming to town our sports director and commanders beat reporter George Wallace joins us live now to give us a little bit of hope maybe for Sunday's game right off the you top. thinking What are now George of how this is going to go? Well Michelle I mean there's a lot plenty of there's a lot of good news you just gave everybody right there with all the stuff for Washington. Look the Dolphins come in they're eight and three they're the number one offense in the NFL you've got Tua at quarterback kill me it's going to be a track meet I think for Miami's offense. The one thing I do think that you will see for Washington lot is of a times when you fire a coach in mid -season like this you will get a little bit of bump the next week as players play maybe a little more inspired you know with Ron Rivera now calling plays for the first time and maybe simplifying things as they've talked about this week but I still don't know if it's going to be enough firepower to stop the Dolphins but we'll happens see what on Sunday but Miami Miami is really good they're eight and three and they they come in on a tear right now. And we have a chance of rain in the forecast do you think that's gonna have anything to do with this? Well I could yeah it could maybe slow down Miami a little bit but most are to the running back position I mean he can he's he's really good as well but uh you far know as as Washington is concerned I'd like to see them run the ball more and they they know that they have to they've joked they've joking been around with Brian Robinson calling him a receiver now because he's not running the ball as much so they know they need to get the running game going and one way to keep drives alive and run the ball and score points and drives sustained if you're Washington is to do that and the best way the number one reason to do that is you Miami's high -powered off offense the field so it would benefit them to chew up some clock on Sunday maybe if it is raining keep the ball on the ground a little more. Of course you mentioned coach Ron Rivera wearing the headset calling plays for the defense during this game. I mean time is ticking for him what do you think is going to happen next if the commanders lose? Well I think nothing is going to happen the rest of the season. I think the move was firing Jack Del Rio and Brent Bisselmeyer last week and Josh Harris put out a statement saying the rest of the season is focusing on playing good football and and seeing what can happen so I do think that he's going to give Rivera the remainder of the season and then I think you'll see major changes come January 8th so I don't think that results at this point matter from here on out as far as Josh what Harris might do at the coaching position I think Ron Rivera is here for the final five weeks of the season. Okay and final thoughts before I let you go? I think it's just gonna be tough I mean I think that you know I the think Dolphins are nine and a half point favorite right now I think they come in and win by double digits. I think Washington may play well I as mentioned maybe a little more energy with the the coaching change a little bit but I still think it's gonna be way too much Miami on Sunday to overcome. Okay George thank you that is our sports director and commanders beat reporter Now a quick look at the top stories we're working on at WTOP Israel resumes attacks on Hamas in Gaza after a week -long ceasefire expires. This could be the last day job on the for Republican Congressman George Santos and attorneys for former President Donald Trump and several of his defendants co in the Georgia election interference case set to appear in court today. We'll have full details on these stories race in the minutes
The Bill Simmons Podcast
A highlight from The Clippers Are Dumb, Plus the NFL Trade Deadline, Sleeper Teams, and 'The Godfather' With Michael Lombardi
"Coming up, the Clippers trade for Harden. Lots of football talk and some Italian movies. Oh yeah, next. It's the Bill Simmons Podcast presented by FanDuel. It's the best time of the year with football in full swing and basketball returning soon. FanDuel, the best place to bet on the action. The app is safe, secure, and easy to use. And when you win, you get paid instantly. Get exclusive offers every day. Jump into the action at any time during the game with quick bets and take home a fast W. Plus, check out the Explore page for the simplest way to start betting. Download the app today. Bet with America's number one sportsbook. The Ringer is committed to responsible gaming. Visit TheRinger .com slash RG to learn more about the resources and help lines available and listen to the end of the episode for additional details. Must be 21 plus and present in select states. Gambling problem, call 1 -800 -GAMBLER or visit TheRinger .com slash RG. We are supported by McDonald's. This month, McDonald's is upping its game by introducing two beloved sauces to its lineup. Mambo sauce and sweet and spicy jam. Hmm, why do I love these? Well, they both pack a spicy punch. They let you switch up the flavors in your usual order. I like having more choices. You know what, if you're gonna give me eight choices, why not give me 10? The sweet and spicy jam sounds delicious. These two sauces are only available for a limited time at participating McDonald's, so make sure to try them. While you can, tap the banner to learn more. We're also brought to you by The Ringer Podcast Network. I put up a new rewatchables on Monday night. We did the Omen. We did the OG Omen. We did the 1976 one. One of the creepiest movies ever made with some of the scariest scenes that have ever been in any of these movies. Me and Chris Ryan broke all of it down for you. What else happened in The Ringer universe? Oh, The Ringerverse crew. Everybody got together for the first time and they did a live show in LA on Monday night and even dressed up for Halloween, a couple of them. It was great, great to see everybody all together. Check out the, all of our basketball stuff on Ringer NBA, Mismatch, Brazilos Pod, Ringer Gambling. Austin Rivers has his new podcast, Off Guard. And then obviously our football stuff, all our culture stuff as well. And we're gonna have a big announcement on this podcast on Thursday about an upcoming show you might not be expecting. Coming up in this pod, I'm gonna talk about the Clippers trading for James Harden at the top and why I thought it was a huge mistake. And then our old friend Mike Lombardi, we're gonna talk about the trade deadline in the NFL as well as what team that seemingly looks like their season's almost over might actually jump in the second half of the year. And then last but not least, we're gonna talk Italian movies and Italian TV shows because why not? This is a fun podcast. First, our friends from Pearl Jam. ["PURL JAM"] All right, I'm taping this on Tuesday before the Clippers game on Tuesday night. The Clippers traded for James Harden late night. They tried to do this as late as possible at night when the most possible people were asleep because they were embarrassed by this trade. And they should be because they're the Clippers. They haven't made the finals ever in the history of the franchise, dating back to Buffalo in 1970, talking five and a half decades of bad luck, terrible injuries, mismanagement. We had the Donald Sterling piece of it. We had load management. And in the last couple of years, they've had some of the worst playoff losses of the 21st century. And now they're trading for a guy who's quit on his last three teams. So they decided, you know what, we'll do this in the middle of the night on the East Coast at least. So we'll take the least amount of slack. They were bidding against nobody. There's 30 teams in the league. One of them had James Harden. 28 other teams were like, we're good. And the Clippers said, you know what, we need this guy. We'll still be not nearly as good as Denver, but if we do this, maybe we could lose in either round two or round three, maybe? I just feel like they don't have any draft picks left for the rest of the decade. So they basically traded three picks for James Harden. The worst one was a 2028 unprotected first. Why do this now? Why do this for a team with no other offers? Why bid against yourself? And why not just wait? If you know you're trading basically two and a half picks plus all these expirings they had, why not wait? The league, I don't know if you've watched it the first week, the league is more talented and more loaded than it's ever been, probably in 30 years. And there's a really, really, really good chance that a couple teams that thought they were gonna be good are not gonna be good. Like for instance, Memphis is 0 -4. Or is Memphis gonna go 25 and 57? Probably not. But there's gonna be a couple teams that are just way worse than they expected. And guess what happens after Thanksgiving and in December and in January? Those teams panic. Guys become available. Like what if Toronto is bad? What if they're like, you know what, Pascal Siakam, this just isn't working for us. What if Chicago, who's already had two team meetings, I think, in three games, what if they decide to put Zach Levine on the table? Like you just don't know. What you do know now is that there was only one team bidding for James Harden and the Clippers ended up with him anyway. The other thing, if you're giving up this much for one guy, I better know that I have a chance to actually win the title. And I just don't feel like they do. I went to the game Sunday night. Kawhi, he looks fine. He looks fine. Does he look like the Kawhi from the mid -2010s? No. Does he look like the guy from 2019 Toronto? He does not. He looks like an older playing himself back in the shape version of Kawhi. And if that's your best player, that's just not gonna be enough this year. The Celtics are too good. Denver is too good. Milwaukee has Giannis and Dame. Phoenix has a ton of scoring. Golden State's gonna be really good. They're still not in the mix. So that was my first issue. The second one, who are you getting? Who are you getting in this trade? Where you're getting I .S. Quinn on three teams. You're getting the most disappointing playoff star this century, literally this century. And there's no other person you can put in there. There's nobody who has even half of the qualifications from a playoff disappointment standpoint that this guy does. Zach Lowe came on the Book of Basketball podcast, I think in 2019, we did a James Harden podcast. And in that podcast, which was four years ago, called him the Karl Malone of guards. And I was immediately the most jealous I've ever been of a comparison. Since then, he had the 2020 bubble flame out. Then they had in 2022, the Miami series, which he sucked in. And then in 2023, the Celtic series, this guy, it's an all time resume. And the Clippers who are just playoff futility through and through for the entire franchise history were like, that's the guy. That's the guy that can take the lovable loser Clippers over the top, James Harden. He slows you down. He needs the ball all the time. The Clippers now have Paul George, who succeeds the most when he has the ball. Koulai Leonard, who has perennially succeeded the most when he has the ball. Russell Westbrook, who loves to either have the ball or crash the boards. And now Harden, who needs the ball. See four guys who need the ball. Then Norm Powell comes in, he needs the ball. Bones Holland comes in, he needs the ball. Are we playing with three balls now? No, we're gonna still play with one. James Harden can't guard anybody. That seems relevant. He hasn't played defense in four years.
WTOP 24 Hour News
Fresh update on "third game" discussed on WTOP 24 Hour News
"Hear our full chat on my podcast beyond the fame jason frailey debbie's here news didn't you get away are listening to 103 .5 fm and wtop on sports at 25 and 55 powered by people and innovation forward friday morning december 1st at 355 rob woodfork's turn this morning hats off to the capitals tom wilson for ending washington's 12 and tom wilson he scores it's a hat trick the first of his career here with 538 to go it's five three washington and a hats right down here at honda center and hats off to john walton with a call on 1500 am the caps five four winners in anahim to take two of their first three games of the five game west west coast swing wilson also scored half of the caps nhl season high four first period goals thursday night football in dallas all the cowboys extend their home win streak to fourteen games with a forty one thirty five victory over the seattle dak seahawks Prescott threw three touchdowns one of them to cd lamb on the night he tied a career high with twelve catches and broke hall of famer bullet bob hayes record for the most one hundred yard receiving games in his first four seasons women's in college hoops georgetown scored just five points in the fourth quarter but still won sloppy a forty five forty three contest over crosstown howard to improve to six and one and number seven lsu after a slow start dominated ninth ranked virginia tech in the return of angel reese from a four game map since the former turp finished with nineteen points in nine rebounds rob woodfork wtop sports this is wtop washington's news traffic and weather station wtop them washington w w w t f m in nasa's w t l p f m braddock heights w t o p feeling overlooked by your business bank treated like another number in a c of digits at capital bank we see beyond the numbers we see business while others are pulling back were pushing ahead providing businesses with the loans and of credit they need to thrive capital bank turning ifs and buts into
The Bitboy Crypto Podcast
A highlight from Bitcoin Set For MASSIVE GAINS! (Best Time For Crypto Accumulation?)
"The pump is never over, folks. Boy, I know. I'm feeling good. The crypto markets are starting to decouple from stocks. We may have cooled down a little bit, but we're expecting to cool down. I'm still feeling very bullish, still feeling very excited, still feeling very, very optimistic about this upcoming bull run. We got TJ and Josh with us on the ones and twos. How are you two doing today? Fantastic. In the corner today. I'm loving it. I got grounded. It's a little easy. You get to sit. And that's the main difference here. I like the shoes, man. I need that with my shirt here. But we got TJ. TJ, how are you feeling today? I'm feeling good. Love seeing Bitcoin going up. All right. And we're also talking some alts and we do got some alts that are performing quite well today. Folks, we're going to talk about Bitcoin and the decoupling we're experiencing with Bitcoin and stocks. So long have we said, well, Bitcoin has a strong correlation with tech stocks. Bitcoin has a strong correlation with growth stocks. Bitcoin has a strong correlation with the risk adverse or the risky stocks here. Those days might be behind us. So I don't want to hear about the S &P is dropping. I don't want to hear about, well, NASDAQ is showing some strong resistance at these levels. So I better sell my Bitcoin. Bitcoin might be the new master asset, the apex predator of all assets. I know Michael Saylor, he had that prediction three years ago. Well, it may be coming true today. All right, let's get right into the show here. Folks, make sure you check out Josh's video, came out last night. Let me hit home. All right, right here. You are here. And I would say that kind of sums up where we are within the four -year cycle. Still a firm believer in the four -year cycle. But I want to ask you, do you feel like just looking at that film and the video that you were in yesterday, do you feel like that's pretty accurate? I can't help but say I'm getting a lot of echoes of 2020 right now. The vibes are coming back. It feels like late 2020 or maybe that early January, we're all kind of debating on where we're currently at, but it does feel like that life's coming back from the market. So just it felt right. It felt right. The thumbnail looked good and the video is immaculate. So make sure you guys go check that out. Yeah, go check that out. I do want to share, you know, you talked about the vibes. I think we're not going to go into the X minute just yet, but I don't have it. There's the meme of it's Leo DiCaprio and it has him, you know, it's like, you know, Bitcoin at 35K today. But then it shows Leo from The Revenant is like Bitcoin at 35K about a year ago or on the way down. And my oh my, how things feel different when they're on the way up versus when they're on the way down. In fact, I remember people feeling bad about 50K. You know, there's a point where 50K was a scary number. Oh no, if we go below that, oh, it's over. Now, can you imagine how positive we would feel if we hit 50K? It's a night and day difference, folks. All right, make sure you're following us on X. Follow Josh Jake. It's not it's Joshua Jake, it's ZZ Joshua Jake. So you want to make sure you have the Z. Is a fake account, did they have the yes? Yeah. So that's actually why I had to do that in the beginning. Yeah. Yeah. There's a lot of Joshua Jakes out there. It's a very common name. You know, my parents just grabbed that right out of the Bible. They didn't try too hard. So unfortunately it's a lot of competition on social media. It's the resurrection of the basic names here. The new speaker of the house, his name might be Mike Johnson. It's like John Smith, a Mike. Is there any kind of combination of those names? We get to come up, you know, maybe just some vague thing where no one could really remember like, oh, we've got a Mike Johnson in the back. All right. That's perfect. Go ahead. Sign them up. All right. So it's Josh Jake. And he also catches a content here on Tik TOK, uh, 532 ,000 followers. I need to throw my Tik TOK up here too, as well. All right, guys, let's get into the crypto market though. I just hit refresh, but I like that fresh, fresh data. So we're going to hit it again. Just like that things update folks. Uh, we were up 0 .7. Now we're at 0 .6 here. You can see the crypto market cap coming at $1 .3 And trillion. real quick on that, we were talking a little bit this morning about how that 1 .3 trillion total market cap could be a little bit of a total market cap resistance from, you know, on the way back down. So, or it might break through. Yeah. Yeah. People were wanting to slow it down. Uh, no, not Josh. You, uh, sake. Uh, no, it's has the Z, not, not the, uh, not the Josh name. Uh, all right. But that's probably, you know what? You just made a new fake account. It's almost like, Oh, good idea. And now I'm going to send you a message. How'd your trades going? All right. Uh, let's go and look at the 24 hour. What is going on with this 24 hour volume? TJ, let me get your take here. I can't even remember the last time I've seen, you know, it's very rare. We get triple digits. I can't even remember the last time we saw over $200 billion. It's almost looks like a glitch. Uh, this is such a high, uh, departure because yeah, we have skyrocket. We've been hanging around this 30 to 50 billion. And now we're coming in at 230. What do you think this is a Bitcoin whales taking profit. That would be my best guess here. Yeah. I mean, obviously these are, these could be liquidations. It's a lot of money changing hands at these levels. Um, and, but I think it's just interest in, uh, money coming back into the market. We've got a lot of stuff, a lot of stables on the sidelines, a lot of cash on the sidelines. And I think people, the FOMO is just starting to kick in. I think a little bit from a lot of the bigger players, when you see Bitcoin take a big move, like it did over this past week, this past weekend, uh, you know, it could potentially rally into this weekend. I'll be really interested to see, interested to see what it does next week. Yeah. Seeing, uh, these volume numbers kick up is a very promising, uh, for all of this moving forward. It's exciting. It's fun to be, it's like, we are, we're back. We're back. Yeah. We're back. And, uh, we're seeing also a lot of hex volume too. So maybe Richard Hart, like woke up that God ETH wallet. Who knows? All right. Uh, Bitcoin dominance coming in at 51 .2. I'm not feeling the best about my bet with Tim Warren that we won't hit 60 before we hit 70 K, but you know, I'm, I'm still being optimistic here. ETH dominance coming in at 16 .6 and surprisingly low gas for $230 billion in volume gas, only 34 Guays. So really not too bad in the grand scheme of things. Let me zoom out a little bit. Bitcoin's price coming in at $34 ,181, uh, still kind of just ranging around in this 34 ,500 to 33 ,500 range Bitcoin down about 1 .3 % Ethereum down about 0 .1 % now below 1800. Let's, let's click on this. Just see how much has been battling that level. Okay. Okay. Uh, going against it, going against it, trying to pass it, trying to pass it past it, fake out, uh, you know, fall through support and then come through test support again. And now we're falling through. So we're going to maybe want to take a nice look at that one with charts here. Let's look at some of these other movements here. Look at that Solana, uh, pull back there. So a lot of people taking some profits off that Solana pump. You see it's up 31 % for the week, but now a nice little 5 % correction. And then doge coin. I said a lot of Pepe whales are going to roll their profits into a meme. And I chose doge as the meme took about a week, but, uh, it looks like maybe now it's starting to happen. I should have put my money where my mouth is. I didn't, I didn't listen to my own theory, but if you did, you're making some money. So go ahead and hit that like button. I appreciate it. All right. Uh, we have chain link whales, probably, you know, Sergei, he's starting to sell. So it's down about 4%, but still above $10. So 10 73, really good price. Now's the time to look at the top gainers. Are you excited for this Josh? I'm stoked every single day. Well, actually today's top gainers, you're going to see who it is. You'll see who it is in just a second. It's your favorite coin, right? When you see it, you want to throw a gala. I'm talking about gala, the gaming token. What is your opinion on gala? It is up 42 % for the week, still below 2 cents though, but it's above a penny. I used to love gala games. I really did. I used to hold onto it a lot in the last bull run and ultimate or leading into this, uh, bear market, but it was kind of, we just kept getting just plunged by a very, very thick samurai sword, just straight through the chest by the team and the foundation. Uh, and so, you know, just slowly over time, uh, you know, I started kind of starting to step away a little bit after what they were doing. Did you get in before the major pump right here? So I got on the max chart now. It looks like this was right around. Okay. So right when Bitcoin was pumping November, 2021 gala went all the way from under about a dime to about 65, 70 cents there. So when did you get in? I didn't get into about 20, 25 cents. I knew someone that just like was running all their nodes and stuff. So he made me jump in, but I made a quick profit off of it. Uh, but yeah, you know, and then kind of just fell in love with the community, got involved in the NFTs was like, Oh my goodness, play to earn game. He's going to be huge. Uh, you know, and there's just a few discrepancies that took place with the team and the foundation and early on NFTs. So, well, I think that there's a good lesson there too. Cause I, same thing. We got excited about gala. We played with some of the nodes. I've been to gala verse. I'm very intrigued at where web three gaming is going to go. Uh, but he mentioned a lot of different things, the team, the focus, the initiatives that they were on. And I, when I went to gala verse, I believe it was 21, maybe, yeah, it was summer of 21. They were unveiling the music stuff and gala films, and they were definitely very split focus going a lot of different directions. Uh, the, uh, one of the original founders, definitely strong resume, but seeing a lot of the different initiatives that they had made me pause and like, wait a minute, just stick to games. If you guys go to all these different directions, it's definitely going to get fragmented very quickly. Um, and so I think there's something to be said there for watching a project, seeing what they're working on, they can have a really good idea of being a really good niche just because the project doesn't necessarily succeed. Doesn't mean gaming, you know, web three gaming, isn't going to succeed. Uh, and I still would like to see where some other games come out because they've got a lot in development, but, uh, the tokenomics, we've said for quite some time on this channel, a lot to be desired for. And, and, and that happens a lot in gaming. You get people that know how to make games, but they don't know anything about blockchain. Uh, and so you end up with a good game and bad tokenomics, and then the inverse, you might have really good tokenomics, but a unplayable game. And that we haven't really found a happy medium yet. And I will say this about gaming tokens, it's going to have a high percentage of investors are retail compared to very obscure defy play compared to, you know, this L two side chain para, you know, those are going to have a more of the, the, the in -depth people gala is going to have a huge influx of retail is my prediction. And then the markets can remain, uh, irrational longer than you can remain solvent. And so don't, you could have, you could be screaming at these people don't buy this because look at this huge token unlock and they're like, yeah, I don't really know what that means. I'm going to go ahead and buy this coin. Shut up nerd. So that's going to be my two cents on, you know, the, the counter where, Hey, you know, these tokenomics are terrible. There's no way it can pump. There's going to be a huge percentage of people who just do not care about that. Unfortunately. I agree with crimson caravan company says web three gaming is going places, but I don't think gala is going to take it there. Okay. I tend to, yeah, I think play during game is it'd be especially in the e -sports category. I mean, there's just so much you can do. That's going to allow a lot more gamers of streamers out there. I know you come from Twitch. It's such a competitive area. I think there's going to be a really good crossover in the future, but like you said, it's just, we haven't found that perfect balance yet. And I do expect that to come in the future. And don't you have a little bit of a gaming background, Josh? Yep. Yep. Just a little bit. Try playing professionally with the Vegas competed to the whole nine yards and then started there. That's where I actually started streaming Fortnite's call of duty. And then the game called split gate. If that's a young person's game, a first person shooters is a young person's game. If you look at Fortnite, like the world leaders are all teenagers are lower. And so like at a certain point, like these, these milliseconds of reaction speed is what makes the world champion 22, 23. You can't do it anymore. Cause some 12 year old is going to be like, you know, moving his fingers a hundred miles per hour. It's crazy. Yeah. And also there's a really bad drug usage and a first person shooter. E -sports also in magic. Yeah. Yeah. They actually rolled back the drug testing parameters. That's a real thing. It's like actually a recent story from this week. They, they, they rolled that back. So it's, it's Adderall. So it's, it's, it's heavily, heavily abused in the gaming industry. All right. Let's talk about some of the top gainers though. Speaking of being abused, we have Doge. It got abused all the way down from 69 cents, but now it is back to under 90 % correction folks. So we're back to 90 % draw down instead of 95%. So how do we feel about that? A Doge coming in 7 % pump up to 7 cents, a quant. God dang it. We're just, we're talking about quants so much internally in the office in the past. I don't know a lot yesterday and a lot this morning. I didn't know it was even the number three gainer. We got to get these shorts out. We should have got a short out, man. We should have done a quant short because guys, this was on our radar. We were talking about it. Also we have roll Bitcoin. It's up 5 .4 % along with rocket pool, Shiba in you. So I guess my theory did play out. Folks said the Pepe whales are going to put it in meme tokens. It looks like it's finally happening. Arbitrum up 5%. The graph. Hey man, what are your thoughts on the graph? I love the graph, by the way. Indexing is a huge part of the industry, but you know, if you're trying to read a white paper, I did kind of close my eyes and felt like I was in a library, but you know, indexing is going to be needed for scaling and everything on Ethereum. So I do like graph. I've looked into the past, made quite a few videos on it, but ultimately I don't hold it. Uh, I think I just, because I don't know, again, it just wasn't, it's not the sexy token of the industry. You know what I mean? No. And when you start breaking down, uh, it has a good moniker, which does not, I'm not saying this is what the graph is, but people call it the graph, the Google of blockchain. Yeah. And they call it that it doesn't really make any sense once you really kind of deep dive, but on the surface, it's, it's a not totally unfair comparison. I could see retail and speaking of retail, you know, there's a couple of retail plays. I think I think crypto .com, just the fact that it's called Crow, easy to say crypto .com great URL. I think that's going to play out in a large way. And I would say the same thing for the graph, Google of blockchain. Well, that sounds good. It's on Coinbase. I'm going to buy, Oh, it's under a dollar. I'm going to buy it. So I really feel like retail is going to come back. Also all the people that stayed on the sidelines who had huge pumps from it. Uh, so they, they're probably going to want to get back in. All right. Avalanches. Uh, then after that guys, it gets a little bit boring. We're under 3%. So let's look at the top losers. There's none.
The Bill Simmons Podcast
Fresh update on "third game" discussed on The Bill Simmons Podcast
"All right, taping this on Thursday night, I waited for all the NBA action to end, except for one game. We're going to do a Power Poll. Haven't done this in a couple of weeks. We're heading into December. I broke everybody down from 30 to 1 in some categories. I'm going to rip through it, I'm going to make some jokes. I'm going to try to do this in 20 minutes or less. We'll see if I can pull it off. First section is the Dregs. And what's crazy is we have eight teams in this bottom category from 30 to 23. The bottom eight teams, they all have a net rating of minus seven or worse. We're going back to the 80s. When I was growing up, we always had like seven, eight crap teams at all times. It feels like we're back to that. Number 30, Detroit. They've lost 16 straight. We'll get back to them in a second. 29, San Antonio. 28, Washington. Those three teams combined have eight wins. Number 27, Memphis. I remember when Chris Vernon said, nah, we'll be fine. Ja's going to come back. We'll be like 13 and 12. Right now you're four and 13, and Ja still has eight games to go. Chicago is at number 26. They won tonight in overtime against Milwaukee. We'll get back to them in one second. Portland 25, Utah 24, and then Charlotte at 23. They're six and 11. And yet they have a net rating of minus eight. So going backwards, two teams I wanted to mention. Chicago, who I watched when they played the Celtics the other night, and it was one of the most dispiriting efforts I've ever seen. Their coach got mad that the Celtics did hack a drum, and he should have been mad at his team. So they play Milwaukee tonight. They don't have Zach Lavigne. They don't have DeRozan. And they end up having 30-plus assists. They have this emotional win in overtime. And to me, that's about a 15-foot red flag that maybe you should be making some moves. The problem is they paid Lavigne, and it was like 200 million plus. And it was one of those things that was like the Wizards with Bradley Beal where you had this asset, you want to keep it, but you don't really want it either, right? It's like you rent this house, and they kept a couch in the living room that you don't like, but it's like, oh, it's a free couch. And you just hate the couch the entire time you're in the house. I don't know what they do with Lavigne. I mentioned this on Tuesday's pod. I went through all the teams. As you know, on the cost of the trade machine, I went through everybody trying to figure out who would want Zach Lavigne. Couldn't come up with it. Who wants him for that kind of money? He doesn't play defense. His team plays better when he's not out there. They might be stuck with him, but I wonder when this trend's gonna end of the team going, oh, we don't want to lose him. And all of a sudden they're 200 million in the hole with somebody they don't want. The other team here, Charlotte at number 23, who I kind of mind their starting five when Hayward, now he could go down at any time, but Hayward with Bridges, with LaMelo Ball and Rozier, Mark Williams, like they're one of those teams when you're watching them, you're going, wait, is this an NBA team? Like a decent NBA team? And I was wondering, is this the Zach Lavigne home? And what would that trade look like? Because they have Hayward on expiring. And could they potentially, could it be Hayward and Rozier, who's good tonight? Again, for Lavigne, and then you take Lonzo Ball back, even though he's injured, he could reunite the Ball brothers, hope that he comes back in a year. No picks at all. So Charlotte would basically just be giving up. Hayward's expiring and Rozier, who's a really solid rotation guy. And you get Lavigne, you have to take his money back and Lonzo is hurt. I was trying to figure out who wouldn't do this. And I'm at a stalemate. I don't know who says no faster. I think it's a no from both sides, but I do think there's meetings on both ends. But that's where Lavigne's value is, I think, at this point. It's an expiring contract and a rotation guy, and you might even have to take another contract off their team. All right, that's our bottom eight. Next category, the trade machine mercenaries. I got three teams here. Brooklyn's 9-9, they lost tonight. Toronto's 9-10, and Atlanta is 8-9, they're the 20th team for me. These are teams where I don't mind their rosters. When you watch them, they're fine, they're okay. Like, Brooklyn looked pretty good tonight. Toronto, you watch them, they're always hanging in games, you don't mind them. Atlanta, they're fun. They're fifth in offense for net rating. And yet something's missing. And you don't even really know what the trade is. Like, if you're Atlanta, what's the trade? You know, trade like Trae Young? What are you gonna get for him? Who wants Trae Young? Who wants to pay the price for Trae Young? You're kind of stuck in the vicinity of the team you have already. So basically, you just have to hope they're gonna do better. Jaylen Johnson got hurt for them, which was really tough, because he was probably the third best guy on the team. Toronto is a team that I think actually should make a move. And then Brooklyn's in a weird spot, because they don't have their pick. It's going to Houston. So you don't want to go backwards, because you're gonna lose your pick anyway. You have some assets with Phoenix first, 25 and 27, and a couple other picks. And I don't really know what to do. They're in no man's land. They were banking on Ben Simmons, which you kind of get what you deserve that he's already hurt, that's happening. So they're gonna tread water, and it seems like they're one of those teams that's kind of waiting for somebody to get disenchanted with an asset, maybe it's Zach Lavine. Toronto is the team I want to talk about though, because it's a team that hasn't made sense for a couple of years. It's a team that they don't get to the line, and they don't make threes, which is kind of death in 2024 basketball. They're in the bottom five in both. And they have Siakam, who's a free agent, whose three-point shooting has dropped from 34 to 32 to 20% this year, 20%. He used to be, I remember in the Kawhi season, he felt like he would actually make a three. Now, who knows, but I still feel like he's an asset. And I was trying to think, what's a good Siakam trade? This is why I'm the trade machine legend. Golden State, Wiggins and Kaminga for Siakam, who says no. Wiggins, terrible season. Really, since last year when he disappeared for six, eight weeks, we still don't know what happened. This year he showed up out of shape and he was terrible for a month solid and really, really hurt them, stopped rebounding. Finally had a good game this week, but he's Canadian. Kaminga, it's year three for him. I should know by year three, do you have a chance of being somebody yet? With him, he clearly needs a new team. And then Siakam take a fire on him if you're the Warriors, gives you a little more size, changes your team a little bit, gets you out of this Wiggins situation. Thank you, Wiggins, thank you for the 2022 finals. We're gonna have to agree to disagree on what happened the last year or so, but now you're gonna be in Canada, good luck. And they finally give up on the Kaminga thing, which I think they have to. And you get Siakam, you take a fire for him, you still have his cap figure, you got signed in trade this summer and he helps them. I kinda like it. It's just a trade that makes sense in a whole bunch of different ways. A nice two for one, Toronto shakes it up a little, they get an asset in Kaminga, maybe they can rejuvenate Wiggins, that's my idea. Next group, the past performance All-Stars. We just mentioned Golden State. They're 19 for me right now, brutal. Their net rate, this sums it up, their net rating is 0.0. That's Golden State in a nutshell. Clippers, eight and nine playing, these two teams are playing each other right now as I'm doing the Power Pull, so who knows who's gonna win, but the Clippers are eight and nine as I'm doing this. And that's with Kawhi and Paul George, not missing any games. We talked about them on Tuesday. I don't really wanna talk about the Clippers anymore. I'm not taking them seriously. I don't really wanna go see them play. It's a weird situation. I've had season tickets for 20 years and they've had really bad teams that I didn't mind go seeing. Like there was a year with Zach Randolph and Baron Davis and it was just an absolute mess. It was like a parody of an NBA team. I had a great time going. I really enjoyed seeing a weird bad basketball team because at least that was something. This Clippers team, just watching the stoic demeanor and whoever gets the ball over mid court gets to shoot and James Harden just once a week seems to care. I just can't do it. I don't know how many games I'm gonna go to this year. But Clippers tickets, they might end up, unless Mike Tolan, the guy I shared tickets with, unless he's taken them, they might end up on some ticket sites. Might be happening. Don't enjoy that team. Went to the Denver game Monday night, bad times. Not a fun team to go see. All right, next category. This is fun, the wildcards. Number 17, Houston. I don't love that they're winless on the road. Not a good sign. It's now December. Maybe get a road win. Number 16, Cleveland. That's not what's gonna change first. The coach is gonna change. The J.B. Bickerstaff thing. They're 10 and nine. They have a minus net rating. When you watch them, just something seems off. They just don't seem crisp. They don't seem polished. And he would be a candidate for me for first coach maybe to not have his job at some point. And I don't even know what they do, but they need to do something. Something's off with the mix. I can't get a handle on it, but I've watched enough that I just, something just doesn't sniff right with that team. Number 15, Dallas. Don't love the defense at all. Hard to take them seriously as a competitor in a two-week playoff series. Any game, like Luka can get hot, have his 42, 14, or 11, or Kyrie can have the 30-point game. But for the most part, I just don't see them with the current roster being able to get stops. So they seem like either a playing team or a round one and out team, but we'll see. Maybe Lively can blossom for them. I have the Lakers at 14, and I don't love anyone counting them out at this point because of the talent, but pretty unhappy 20 games for them. When you think, man, I think I had them as a top three team. I had their over under, which was maybe 46 and a half, something like that. They've had some injuries already, but what's a little scary is that LeBron has been around this whole 20 games. So you would think like if you're getting a healthy LeBron for the first fourth of the season, you'd be a little better than 11 and nine. They look slow. They have trouble guarding wings. And this feels like an incomplete team. Of course, the trade stuff has already started with them, and they have the Ruby contract. He got hurt. They have Russell. They have Christie, Huchafino. They have their 29 first. And it's just, I'm monitoring the Dallas thing. I've been talking about this for months, that if that Dallas thing goes sideways at all, is there gonna be a Mavs, Lakers, and Kyrie going to the Lakers? I don't think they would do the Zach O'Dee move because I don't think that really helps them, especially their problems of defense. I'm sure they're in on whatever the Caruso sweepstakes ever happens. I'm sure they're all in on that if they could pull it off, but we'll see what their team looks like. It seems like the trades can start in mid-December, and this does not feel like a finished roster yet. Number 13, New Orleans. I don't love getting sucked back in by Zion, but I feel like it's happening. And he's not where he was a couple of years ago when we were going nuts and Marcello was having a stroke every time there was a New Orleans game. He's not quite as explosive as he was a couple of years ago, but he's still an absolute bitch to play. And you look at, they have a lineup with balance units Zion, Ingram, Daniels, and Herb Jones, which is plus 24.6 when those five guys play together. They didn't mention Hawkins. Trey Murphy's coming back. Alvarado just came back. Nance got hurt again. But this is a really, really talented, flexible, malleable team that has multiple guys who can score in any quarter, even when their best two scorers are out, it still feels like they can get offense. I didn't mention McCollum, by the way. So they have 10 guys counting Nance and just scoring at all points of the game. There's never going to be a six-minute stretch where they're not getting a good shot from somebody. And they're really hard to match up with with the size. And then you look at the picks they have, they have all their own firsts. They have the Lakers first, which is their choice in 24 or 25. They can swap picks with Milwaukee in 24 and 26. They have the Bucks pick in 27. They have a lot to make moves with. And yet I don't know what the move is because I kind of like the team. You know, poor CJ McCollum. It feels like yet again, he's probably going to be in trade rumors, but I don't even know if I would trade him. I like what they have. I want to see more of it. I want to see another 15-game sample size. All right, the next category is the possible in-season bumpers. We got three teams, 12 Indiana, 11 Sacramento, and number 10 Knicks. All of them are in the playing tournament, in the quarterfinals at least next week, and are in situations where if they could put together a couple wins and get to the finals or even win the whole thing. This is one of the reasons they developed this in-season tournament. They were hoping that it would be a thing that the players care about, 100% true. They were hoping that for the coaches and for the teams, it would be a nice little litmus test for where you stand at a certain point in the season. I think for all three of these teams, all three of these teams could absolutely win one, two, maybe not three games. The Knicks, I like the Knicks. I think they're really hard to play. Brunson has so much confidence now. They got Randall back. They have a really good bench. They have a bench that can be down eight, and their bench can come in and start flying around and making threes. I just think they're playing the Bucks in the in-season. I think they're gonna beat the Bucks. I'm just telling you now, I think they're gonna beat the Bucks in that in-season game. But all three of these teams, I think the in-season is gonna be a nice little fork in the road for them. Indiana had a tough loss tonight, but offensively, they're just a nightmare, the pace they play at. And if you're just talking about a one-game playoff, really hard. Same thing for Sacramento, if it's the right matchup for them and Fox is flying around. So I think all three of those teams are worth watching next week from a big picture standpoint. Why don't I mention Brunson quickly? Brunson had 42 tonight. The Knicks are 8-0 against losing teams. So there's a chance they're the very good, bad team, that they're just the team that's gonna beat up all the other bad teams, but come up just short against the really good teams. The case for that not being the case is how good Brunson's been this year. And the three-point shooting with him went up a level. Well, he's had, I think he's 47, 48% for the season now. He moved his distance back. He's making 25-footers. He's a 25-points-a-game guy. He's an absolute bitch to match up with with these different teams. And not only is this a massive, massive, massive loss for Dallas, and if Luca ever ends up leaving there, will be probably the first thing that gets mentioned. But if you're talking best guards in the league right now, and you have Curry and Booker and SGA as your first three, and I think that's set in stone, and then Halliburton, whether he's on the tier with those guys as the fourth guy, or he's right underneath as the fourth guy, I think he's fourth. And I think Fox and Edwards are right there. And I'm gonna say Jamal Murray, just because of the title last year, how he plays with Jokic, how we've seen him come through in big games. I would have him next. And then I think you could make the case for Brunson in this eighth spot before Maxey and John Moran, whatever happens with him when he comes back. Donovan Mitchell, who I know has the stats, but over and over again, it just doesn't seem like he's making anybody better and elevating anything. And we now have a pretty big sample size in this. I'm not ruling it out. I'm just pointing out, Brunson seems to have a better impact on his team. Dame Lord, just a defensive zero. I mean, I've been talking about this for two years, and then LaMelo would be the only other one, but I think he can make a case. Brunson's in the top eight now for guards, which is an insane climb for him, and just an incredibly impressive fourth quarter guy. So you look at where the Knicks are, they have all their own firsts. They have some protected picks from Dallas, Detroit, and Washington this year. They have a protected pick from Milwaukee in 25. They have moves to make, and it's another team where I'm not really totally sure what the move is. They could definitely improve the Mitchell Robinson spot, but his numbers are pretty good for them. So my guess is they're probably gonna cruise along, see how far they can go this season. But if they win the in-season tournament, I'll be interested to see if they get a little more frisky around the trade deadline. All right, next group is the Orlando Magic by themselves in the young and hungry assassins group. They are 13 and five. They are third in defensive rating. They have a plus 6.2 net rating, which after 18 games is just insane.
The Bill Simmons Podcast
A highlight from Money Grabs, Eli Manning 2.0, NBA Rookie Watch, NFL Nerding, and an MCU Deep Dive With Craig Horlbeck, Danny Heifetz, Austin Gayle, J. Kyle Mann, and Joanna Robinson
"Coming up, NBA, NFL, million dollar picks, a little MCU, some big picture sports stuff next. It's the Bill Simmons podcast presented by FanDuel. It's the best time of the year with football in full swing and basketball returning soon. FanDuel, the best place to bet on the action. The app is safe, secure, and easy to use, and when you win, you get paid instantly. Get exclusive offers every day. Jump into the action at any time during the game with quick bets and take home a fast W. Plus, check out the Explore page for the simplest way to start betting. Download the app today. Bet with America's number one sportsbook. The Ringer is committed to responsible gaming. Visit TheRinger .com slash RG to learn more about the resources and help lines available and listen to the end of the episode for additional details. Must be 21 plus and present in select states. Gambling problem, call 1 -800 -GAMBLER or visit TheRinger .com slash RG. This episode is brought to you by our friends at State Farm. There's no playbook when it comes to life or any of the other stressful tasks that adulthood throws your way. So many of us lay awake at night going through a list of what ifs. What if something happens to our home? What if I get into an accident? If life gives you a bad bounce, State Farm has a play for every what if. You can reach them 24 -7, you can file a claim on the State Farm mobile app, or you can simply call your agent with questions about your home or auto coverage. Like a good neighbor, State Farm is there. Call or go to State Farm .com for a quote today. We're also brought to you by The Ringer Podcast Network, where I put up a new rewatchables on Monday. We did They Live. I have another movie coming this Monday, Here Are Your Hints, 1993, lost more money than it made. There you go. That's all you need to know. Maybe you'll figure it out. I have on this podcast a lot going on. A little something at the top that I wanted to talk about that ties into what's going on in this Phillies Atlanta series, which is now over because Atlanta became the latest team to dominate the regular season and then lose immediately in the playoffs. So I want to talk about that. I have some thoughts. Million dollar picks. Craig Horlebeck and Danny Heifetz coming on to talk about NFL then and now comparisons for players. And then Austin Gale is going to nerd it up with us about the NFL. Oh wait, there's more basketball. Kyle Mann talking about all the rookies that we have coming into the NBA season in less than two weeks. And last but not least, our friend Joanna Robinson talking to MCU because she has a new book coming out. So this is really, really a loaded podcast. You should be paying for this. You really should. You're lucky this is free. Free content, my friends. Let's bring in Pearl Jam. All right, I'm going to do million dollar picks in one second, taping this on a Thursday morning. I was thinking about my friend James' baby doll Dixon today, whenever there was a Hollywood deal that we always would laugh at and be like, oh my God, I can't believe they did that or can't believe they took that job. And he would always say, money grab, baby. I'm talking about him like he's dead. He's still alive. What a money grab. And we just money grab has been a running joke with baby and Sal and Jimmy and my circles for a long time. Who's doing a money grab? All of the professional sports leagues right now are in one of the all time money grabs we've ever seen. Now, I was thinking about it last night with the Dodgers because on the one hand, the Dodgers get bounced in three games, right? They play this whole regular season. They get this great record and then they get bounced and they're done. And their fans are just irate. They're apoplectic. They can't believe this happened again. Oh my God, we lost momentum. Now, there's some rational Dodger fans that are also like, you know, we did start playing Kershaw in game one of a playoff series and he didn't make it out of the first inning. They lost Urias during the season, who was their best starting pitcher. And it was a pretty flawed Dodger team. Actually, I wasn't surprised that they lost. I didn't think it was gonna be the Diamondbacks. But in general, the Dodger fans are like, I just spent six months watching this team and this season ended in 90 hours. We saw this happen in the NBA with the Bucks and the Heat last April. The Heat was an eight seed. The Heat farted around during the whole regular season and turned it on for a couple games and all of a sudden the Bucks were gone, which was great. It was really fun. Hockey has had this forever. I had hockey season tickets for a couple of years with the Kings and the regular season was so meaningless and so stupid for a team that knew they were gonna make the playoffs that you almost wondered, what was the point? Why am I paying for this other than to see Connor McDavid or a couple other people? The NFL has expanded to 17 games, which all of us love football, but 17 seems way too many, especially with the injury potential. And they're probably gonna go to 18. They'll just keep the gravy train going. And it's all about the money. And I'm not breaking any new ground by saying that, but at what point do we stop carrying? At what point, because I'm there with baseball. Baseball is fun. You put it on every once in a while. But for the most part, if you have a good baseball team, and I've had a few, the 2018 Red Sox were probably the best start to finish baseball team I've ever rooted for, but ultimately they also could have lost and not won or it would have been over. It's all about the playoffs now. And it feels way more random than it ever did. And I don't know if it's a good thing. I think it's a bad thing for baseball because people talk about how fun these wildcard games are and the pitch clock, and I'm with you. I've watched a ton of baseball, but I also didn't really watch any baseball during the regular season. And I'm somebody who grew up loving baseball. I watched baseball my whole life. I wrote a Red Sox book up until probably the late 2000s. I love baseball equally with every other sport. And now I just don't care as much. And there's a million reasons for that. But the biggest reason is the regular season just doesn't matter at all. You could win 120 games and it doesn't matter. The other team could just get hot. Like, well, look at the Phillies right now. The Phillies, who everyone was like, they're built for the playoffs, they're built for the playoffs. That seems like the type of team you should just build. Build a team. Who cares about the regular season? Build it for the playoffs. I think Miami has entered this mode in the NBA just year after year. They don't care. They're going to be like a five seed, six seed, seven seed, eight seed. Doesn't matter. And they'll just see if they can get hot. It's more fun if you have no attention span at all. And maybe it makes more sense in the TikTok generation. But for what I grew up with and what we used to care about was the totality of everything. The regular season meant this. It really meant something to win 100 games of baseball. It was amazing if your basketball team won 60 games. There were just these little markers that you had in your head. And all this stuff ties in. The load management piece, which the NBA is allegedly trying to fix. I'll believe it when I see it. Football adding more games so that the sport is more random than ever before. There's more chance for injury than there's ever been. And there's more chance for just wacky results, which I think is maybe what they want. I'm not sure I want it. I don't like where we are. Like even in baseball, and I think hockey is another one, and I think basketball is another one. The home team should get some sort of advantage for being good during the regular season in baseball. This five game series the Dodgers had against the D -backs. Why wouldn't the Dodgers get all five games at home? The only advantage they get is that if there's a game five where they've just not played for a week and then you get game five at home and that's the advantage. Well, I've watched baseball for the last 25 years. The home field advantage, except for maybe the Phillies, doesn't seem to matter at all. The Red Sox won the majority of their biggest games on the road during the 2000s and 2010s. Can count them up. I always felt like the 0 -14, the 0 -7, I felt like those teams could win anywhere. The 18 team had that crazy extra extra extra innings game against the Dodgers where it seemed like the season was over. Guess what? They won the next game. Home field doesn't matter as much. So if it doesn't matter as much, at least make it so that in round one a team is rewarded for winning a hundred plus games and all their games are at home. And if you want to go in their house and beat them, that seems fair. But to just make it like it's worth one game, I felt the same way with Milwaukee and Miami. I think it should have been Milwaukee gets the first two, Miami gets the next two, Milwaukee gets the next three. They earned it. They got the one seed. So we're heading toward this world where regular seasons will continue to be devalued. They'll try to cover it up with fantasy and gambling, but for the most part, there's going to just going to be more randomness with the results. And I don't think I like that. I don't know if Miami was a better team than Milwaukee last year. I think Giannis got hurt and Jimmy Butler left his body and then they beat Milwaukee in a series and it was fun, but did that mean they were a better team? What's the point of these seasons? Are we just turning everything into March Madness? Feels like where we're heading. I'll tell you this though. It's a fucking money grab. All right. Million Dollar Picks coming up.
CRYPTO 101
A highlight from Ep. 568 How Fund Managers are Investing in Web3
"All right, everybody, welcome back to the Crypto 101 podcast. My name is Brendan Veman. I'm one of your hosts over here, and we have a very special podcast in store for all of you today. This is actually someone that I was talking to a few months back during one of our Crypto interviews that I have ever done before, we got a guy that is very passionate when it comes to web three gaming and decentralized gaming. And for all of you out there, that's something that I am certainly a little bit biased on as well. It's a space that I really enjoy hearing about. So we had to break in the heavy artillery to kind of catch us all up to date until what's happening over in that space. So without further ado, I want to go ahead and introduce my dear friend, Mr. On Yavin. He is the managing partner of the Cointelligence fund, excuse me, and he's also the co -founder and CBO over at syndica. He has more than 19 years of experience as an angel investor, and he is one of the top dogs that I look to when it comes to the metaverse and blockchain based games. So On, welcome. It's great to have you here. Thank you very much. And thank you for the very, very kind introduction. Hey, well, this is going to be an exciting one because both of us are very heavily involved when it comes to this side of things. And there's a lot of developments we're seeing global developments. It's one of those spaces where we truly are seeing worked on an infrastructure built all over the globe. It's not something that's just in the United States and it's a growing industry as well. So I'm excited to kind of pull you in here, get your thoughts on this, but for everyone that's tuning in and asking what is Cointelligence and what's the Cointelligence fund, how can you catch everyone up to date on what you're actively doing? Yeah, absolutely. Thank you for asking. So Cointelligence fund is a crypto VC fund completely focused on the metaverse and blockchain based games. We usually invest in the most early stages seed or press seed. And one of the things that we are very proud at Cointelligence fund is the fact that we are actively helping the founders of the projects that we are investing in. And I have to tell you that even though it's supposed to be an industry standard to help the founders, it's actually exactly the other way around. And most of the investors, unfortunately, will not do that. And that's why I am really, really proud of the fact that we've helped so many founders already. And obviously what I'm saying is based on the founders' feedback, not just based on my personal opinion. And lastly, with regards to Cointelligence fund, it is very important for me to make a note that we are mainly investing in tokens unless we get both tokens and equity. We never invest in equity only.
The MMQB NFL Podcast
A highlight from Bears Bright Spots & Week Five Picks
"Hit play and feel the real with Bose QuietComfort Ultra Earbuds. Breakthrough immersive audio makes all your music feel more natural than ever by taking it out of your head and placing it just in front of you. Like listening without wearing earbuds at all. And the high fidelity audio and world class noise cancellation are tailored to your ears only. So everything's personalized and hits just as it should. Bose QuietComfort Ultra Earbuds. Dive in deeper at Bose .com forward slash iHeart. Evidence wise, we had virtually no evidence. In 1995, Detective Tony Richardson was trying to figure out who killed a fellow officer. The case comes down to who is believed and who is ignored. Oh my goodness, we did convict an innocent man. I'm Beth Shelburne from Lava for Good Podcasts. This is Ear Witness. Listen to Ear Witness on the iHeart Radio app, Apple Podcasts, or wherever you get your podcasts. On his new podcast, Six Degrees with Kevin Bacon, join Kevin for inspiring conversations with his friends and fellow celebrities who are working to make a difference in the world, like actor Mark Ruffalo. You know, I found myself moving upstate in the middle of this fracking fight, you know, and I'm trying to raise kids there and, you know, my neighbors, like, willing to poison my water. Listen to Six Degrees with Kevin Bacon on the iHeart Radio app, Apple Podcasts, or wherever you get your podcasts. Welcome into the Monday Morning Quarterback Podcast. It is October 4th. It is a beautiful Wednesday afternoon here outside Chicago, and there is a lot to talk to. Of course, I am Matt Verderam, and I am joined, as always, by Gilberto Manzano. Gil, how you doing? I'm doing well. A lot of blowouts, I seem like, in week four of the NFL, but, you know, other than that, another terrible Monday Night Football game, I'm okay. I feel like I would start that way. I don't know why. Yeah, the Monday Night game was a travesty, and the Giants, um, I don't know, at some point, how you don't just max protect the rest of the game. I mean, they couldn't block anybody. It was unbelievable. The Seahawks looked like the 85 Bears in that game. 10 sacks on Jones, 11 overall. But, yeah, you're right. I write that column in real time on Sunday where I'm updating throughout the day. It was funny the first couple of weeks because, really, very few blowouts happened, so I had to wait right up until the end to write a lot of those, and it was kind of a fire drill. Last week, that was not the case. Last week, I wrote a ton of them about halfway through the third quarter and then just updated the stats, although I did get burned doing that with the Bears and the Broncos because the Bears are the Bears. I almost got burned doing that with the Rams and the Colts, but the Rams held on to win, so all's well that ends well in L .A. But, you know, look, I want to steer, we're going to get to the five best games of the week, as we always do, and we're going to talk about the biggest story, which involves the Dolphins for a second straight week, and we're going to get to all that stuff, including some stuff here about the Broncos. But I want to lead off here with some of the week five storylines that I find interesting, I think are probably things that we're going to be talking about here for a while, and one of them is, C .J. Stroud last week played really, really well for Houston, and he's played well throughout the year. They're 2 -2. They just plowed Pittsburgh, 30 -6. Stroud was aggressive. He went downfield. He threw on the run. He did a fantastic job. Conversely, the Panthers are one of two teams that are 0 -4 on the year, and Bryce Young, coming off the injury, didn't play in week three, didn't play in week four. He struggled against Minnesota. It was probably the best game he's played to this point, but still very much everything underneath, everything short. The offense only accounted for six points. How pumped should Texans fans be about Stroud, and then on the other side of it, how worried should everybody in Carolina be about Bryce Young? Yeah, for Houston, let's put it this way. If you would have asked me a month ago, hey, you, Matt, telling me, we're going to start the show off with C .J. Stroud and the Texans in week five. What do you think about that? I would have laughed at you. So that shows you that the Texans are in the spotlight. They have a good quarterback, and it's funny how when you find that next quarterback, that star quarterback, you tend to get more eyeballs, more attention, more headlines. So if you're Houston, you're excited. You're ecstatic, because we all remember what happened with Deshaun Watson. That got ugly. That got messy. Now you can maybe somehow move on from that. It's still kind of a similar regime, right, different head coach, but still front office people, same owner, stuff like that. But now it feels like a fresh start. D 'Amico Ryan is doing a great job. So no interceptions, Matt. That is amazing to see. He's averaging 300 yards per game passing. So if you're Houston, you're really excited. Now with the Panthers, you're wondering, did you do something wrong? You traded up. You had the first pick. You had dibs on anybody you wanted. Anthony Richardson doing well at the same time as C .J. Stroud. And Matt, that race for Offensive Rookie of the Year, Pukunukuo, Anthony Richardson, C .J. Stroud, it's going to be tough. But if you're the Panther, you're probably asking yourself, what did we do wrong, or is it us? And you see reports about the Panthers going all in, the trade deadline, getting a wide receiver. They get some offensive lineman back. Maybe they're not panicking, but you're probably scratching your head wondering what did we do wrong here? Is it us? Is it the quarterback? Who knows? I mean, yeah, going all in for Carolina at this point is crazy. The only reason you wouldn't do that is because you don't have your first round pick. It belongs to Chicago anyway, so you're not gaining anything by being awful. The Bears are hoping they don't do that. The Bears are hoping they sit tight and have the worst pick in the draft, or the number one pick in the draft. Look, to start off with Stroud, okay, he has been everything Texans fans could have possibly wanted. As you mentioned, no picks. He's got six touchdown passes, which ranks him tied for 10th. He ranks fourth in passing yardage with just over 1 ,200. He's only behind Tua, Stafford, and Cousins. He is averaging eight yards in an attempt, only behind Tua and Brock Purdy. His QBR is 15th, which is okay, that's fine, but he's been fantastic. He's doing this with a bad offensive line that's been shuffling pieces. Tunzil's been in and out of the lineup. This is a team with Nikko Collins and Tank Dell that he's strong to, and Dalton Schultz. With all due respect to those guys, we're all good players. None of them are number one guys, guys who are going to take over a game. And he's doing it with a new coaching staff. D 'Amico Ryan is what I think has done a hell of a job. He's defensive -minded, right? Sloake comes in as the offensive coordinator, and this is his first time in that seat. The coming Texans into this season had won 10 games in three years combined. The last three years, they've won 10 games. I don't know if they're going to get to 10, but I've got to tell you, if you're the Texans, this is by a mile the most fun you've had in a long time, whether or not it was on the field or the off -the -field ugliness with Deshaun Watson. And I've got to tell you, if you look at the Texans' schedule, and part of this, of course, is the division they play in, it's not exactly Murderers Row here. Falcons, Saints, Panthers, Bucks. Next four weeks, you'll get the four NFC South teams. You win any of those games. Then you play at the Bengals, which normally you'd go, that's a brutal game, but who knows right now? The Bengals, what the hell is going on with them, right? Who knows what brothers you can play in that game? Then after that, the Cardinals, the Jags at home, the Broncos at home, the Jets, the Titans, the Browns, the Titans, the Colts. I mean, does any team in the league have a more favorable schedule than that? So I love what I'm seeing. I love what they're doing. They look great. I'm really happy for the fans in Houston. On the flip side, with Young, I think it's fair to say both. You've got to be patient. It's three games into his career because he missed a one. On the other hand, yeah, there's definitely cause for concern here. He is averaging 4 .9 yards in attempt, which ranks 33rd in the NFL. There are 32 teams. He ranks 33rd. And he is almost a full yard behind Gardner Minshew, who ranks 32nd. He is dead last of all quarterbacks who qualify for QBR. 33 qualify, he's dead last to 24 .9. He has two touchdowns and two picks and yardage per game, not just total yardage because that would be unfair to him, obviously. Yardage per game, you'll look at him and he's way at the bottom, man. The only guys he's ahead of right now are Anthony Richardson, Gardner Minshew, of course, both on the Colts, and Dorian Thompson Robinson, who played essentially one game. So you'll look at this and go, okay, we know the line hasn't been good, but Frank Reich should be a good coach for him. He's a former NFL quarterback. He's coached a lot of different quarterbacks in his recent years with the Colts. It has not gone well. The offensive line has not been good. I'm not ready to push the panic button yet on Bryce Young, but I think it's fair to say that this has been ugly to start. And if you're Carolina, you're looking at Richardson, you're really looking at Stroud going, did we screw this up? Because it doesn't look great early. Yeah, man, that's a good point about the coaching side. You thought that Carolina Panthers bringing in so many well -known coaches. Josh McCown, former quarterback. Thomas Brown did good things with the Rams and Sean McVay. And like you mentioned a couple of weeks ago, they keep putting the training wheels on this guy. Let him go out there, let him learn from his mistakes and getting a better flow. And it does suck having the injury. You miss a game. You're trying to come back against Minnesota. Brian Flores doing the safety blitz with Harrison Smith. I'm sure that could fluster you a little bit. But then you mentioned it with Houston. It's kind of the same thing. The surroundings are not ideal for Houston either, and C .G. Stroud is doing well. And the thing I'll end here for the point on the rookie is like, are we seeing C .G. Stroud just being the most prepared quarterback because he's so accurate, a bigger size? You just get the ball to your playmakers and let them do their thing. Or is this like the beginning of Joe Burrow? Is it more like Dak Prescott? And I can't tell with C .G. Stroud because he's so good at the fundamentals and being accurate. With Anthony Richardson, you see a higher ceiling, but he's not quite there as C .G. Stroud. So I just wonder, does the ceiling get higher? Is this Joe Burrow kind of level of accuracy? Yeah, it's going to be very interesting to see it all play out. But Stroud has been absolutely fantastic.
Ultraflex Football
A highlight from 44 - Week 3 Recap
"Welcome to the Ultra Flex football podcast where we have fun with our friends while we talk about football. I am your host, Anthony Sutton. With me is Rob Green. Hello everyone. And Ryan Wheeler. Howdy everyone. This week we have our album again. And sorry for the really sexy deep voice, I just got my throat dried up right before we started talking there. Hello, hello. I didn't realize we were talking in deep voices today. Sorry, it's like I've been sick, my daughter goes to daycare and brings it home and gives it to us. This week our album is Daydream by Mariah Carey. So I'll just list my songs and then we'll go Rob and then Tony. The songs that I have to get in today are Fantasy, underneath the stars, one sweet day and open arms. Rob, what you got? I got Always Be My Baby, I Am Free, When I Saw You, and Long Ago. I've got Melt Away, Forever, Looking In, and then if you've been around for a while I don't know anything about music, so I've got Daydream Interlude, Stash Fantasy Sweet Dub Mix. Is that all one title? Tony. It's supposed to just be Daydream, I think the interlude is a type of song, am I wrong? I don't know, I'd love to hear him try to say all that. I know, you fit Daydream Interlude, Fantasy Sweet Dub Mix into this song. Got it, alright, easy, easy, well why would it be listed as the title? That's what they do on albums, I'm pretty sure an interlude is something, so it'd be like the Daydream Interlude. Do you want me to google it real quick, do you want me to vet this information right now? No, F it, we'll do it live, you ever see that one, the News Anchor? The what? You ever see the Anchor that says F it, we'll do it live? Yes. That's hilarious. Anywho, we'll work those in throughout, and then we'll talk about football right now, so let's go to football talk. Oh my gosh, it wasn't right. Let's go to football talk. Week three just wrapped up, starting to learn more and more about these teams, trying to learn a little bit who's good, who's not good, who's offense is good, who's offense is not good, and then same thing about the defense, so obviously we're going to talk about the Bills and the Titans to start with, and then kind of go out from there, so last week we started with the Bills, this week we'll start with the Titans. Don't really want to talk about the Titans this week. So what you got for the Titans Ryan, you got any defense about your offensive performance? Dude. See what I did there? Yeah, that was real smooth there. I know that someday in the future there will be one sweet day where the Titans aren't just god awful on offense. Are you sure? I think. That's the only reason, that's what helps me and allows me to continue to be a Titans fan is the hope that someday they'll be exciting to watch on offense. Their defense is usually exciting, but their offense, it's so boring to watch. If I have to watch Tannehill drop back and have the swinging gate left tackle, just here you go Andre Dillard, and we had whatever the heck his name was last year, Dennis Daley, he was somehow, I told myself at the beginning of this year, I said this offensive line can't possibly be worse because Dennis Daley was the worst left tackle in the league, and then Andre Dillard comes out and he's on track to give up like 35 sacks this year through three games. Is that bad? Is that bad by one player? Yeah, that's like twice as bad as Dillard was all at, or actually it might be three times as bad as Dillard was, I'm sorry, Daley was all year last year. I've never even heard of Dennis Daley, I just looked him up because I was curious. He's on the Cardinals now. Is he? Oh, that's unfortunate. I don't know if he's a starter or not, but he is on the Cardinals. Yeah, Cardinals have been playing pretty well, obviously they beat the Cowboys, but even the first two weeks they've been overachieving so far, where the Titans offense is probably underachieving or maybe exactly where you think they were, Ryan Tannehill.
Bankless
A highlight from Synthetix: A New Hope with Kain Warwick
"Welcome to Bankless, where we explore the frontier of internet money and internet finance. And today on Bankless, we are exploring the frontier of the multi -chain Ethereum roadmap. The Rollup -centric roadmap has always been about producing many, many new layer 2s, each of their own flavor, construction, and type, in pursuit of allowing diversity of chains to all exist under the same ecosystem that we call Ethereum. Synthetix, an application, has been leading the charge into exploring what does this mean for the application layer of Ethereum. And today on the show, we're bringing in Kane Warwick, actually inside of my apartment. This is an in -person conversation, so you'll be able to pick up on the speed and lack of latency there is between me and Kane, I would say. He was in New York for Mainnet, and so we wanted to do a show about his recent blog post that he wrote called Synthetix, A New Hope, about the next stage for synthetics in this multi -layer 2 ecosystem, and how he is thinking about some of the complexities and challenges that the Ethereum Rollup -centric roadmap presents for the application. Like I said, since he was in town for Mainnet, I was like, Kane, just come on over and we'll do the conversation in person. So that was pretty fun. It's always nice to have in -person conversations. I don't do them as much, even though I have the setup ready to go. Anytime there is a conference in New York, however, I will try and get one done. So in this episode, you're going to watch us navigate the complexities, the challenges of Ethereum's Rollup -centric roadmap as it relates to applications that desire to exist across multiple layer 2s, across multiple chains. Depending on the layer 2 application, the application construction itself, different challenges can arise in various levels of complexity. Kane and I walked through the three different levels of cross -chain complexity that an application can have that is determined by what that application is trying to do. For example, just mere independent instances like Uniswap deployments across chains is the easiest way to navigate the multi -chain world. It doesn't really matter if different Uniswap instances are deployed across chain, but as soon as there's unified governance, all of a sudden there is complexity because we need to start to weave these chains together. And then there's the next phase, the synthetics phase, which is not just unified governance, but unified liquidity and unified state. Synthetics has always been at the frontier of navigating the hard problems in Ethereum. After Unipig, the Uniswap demo on Optimism's Optimistic Rollup, the first Optimistic Rollup that had a live in production demo of an application, we called it Unipig back then, synthetics was the number two. And so they have always been pushing the frontier of what is possible in the world of crypto. And now Kane is leading the charge into doing the same thing once again with synthetics and the multi -chain ecosystem. So if you are curious about the super chain idea for Optimism or just simply the shared state of layer twos, they're re -composing all the fractured composability of layer twos, this conversation is for you. And it's also just a fun conversation. Kane is a great conversationalist and he's of course wicked smart. So let's go ahead and get right into that conversation with Kane Warwick of synthetics. But first, a moment to talk about some of these fantastic sponsors that make this show possible, especially Kraken, our preferred exchange for crypto in 2023. If you do not have an account with Kraken, consider clicking the link in the show notes to sign up with Kraken today. Kraken Pro has easily become the best crypto trading platform in the industry. The place I use to check the charts and the crypto prices, even when I'm not looking to place a trade. On Kraken Pro, you'll have access to advanced charting tools, real time market data and lightning fast trade execution, all inside their spiffy new modular interface. Kraken's new customizable modular layout lets you tailor your trading experience to suit your needs. Pick and choose your favorite modules and place them anywhere you want in your screen. With Kraken Pro, you have that power. Whether you are a seasoned pro or just starting out, join thousands of traders who trust Kraken Pro for their crypto trading needs. Visit pro .kraken .com to get started today. Mantle, formerly known as Bitdao, is the first Dow led web three ecosystem, all built on top of Mantle's first core product, the Mantle network, a brand new high performance Ethereum layer two built using the OP stack, but uses Eigen layers data availability solution instead of the expensive Ethereum layer one. Not only does this reduce Mantle network's gas fees by 80%, but it also reduces gas fee volatility, providing a more stable foundation for Mantle's applications. The Mantle treasury is one of the biggest Dow owned treasuries, which is seeding an ecosystem of projects from all around the web three space for Mantle. Mantle already has sub communities from around web three onboarded like game seven for web three gaming and by bit for TVL and liquidity and on -ramps. So if you want to build on the Mantle network, Mantle is offering a grants program that provides milestone based funding to promising projects that help expand, secure and decentralize Mantle. If you want to get started working with the first Dow led layer two ecosystem, check out mantle at mantle .xyz and follow them on Twitter at zero X mantle. Arbitrum is accelerating the web three landscape with a suite of secure Ethereum scaling solutions. Hundreds of projects have already deployed on Arbitrum one with flourishing DeFi and NFT ecosystems. Arbitrum Nova is quickly becoming a web three gaming hub and social dapps like Reddit are also calling Arbitrum home. And now Arbitrum Orbit allows you to use Arbitrum secure scaling technology to build your own layer three, giving you access to interoperable customizable permissions with dedicated throughput. Whether you are a developer, enterprise or user, Arbitrum Orbit lets you take your project to new heights. All of these technologies leverage the security and decentralization of Ethereum and provide a builder experience that's intuitive, familiar and fully EVM compatible, faster transaction speeds and significantly lower gas fees. So visit arbitrum .io where you can join the community, dive into the developer docs, bridge your assets and start building your first app with Arbitrum. Experience web three development the way it was always meant to be secure, fast, cheap and friction free. Big List Nation, we are here in person in my apartment here in Brooklyn with Kane Warwick, the co -founder of Infinex, semi -benevolent dictator of synthetics, house collector and possibly, possibly the best hair in Ethereum. Kane, welcome to my apartment. Yeah, thanks for having me. I was hanging out downstairs for a little while. I couldn't figure out what channel to get you on. So yeah, just like the problem that we're going to discuss in this episode, how you reach me, Telegram, Discord, email, Twitter, text. We need some kind of aggregator. Yeah, we need one single shared way of getting in contact with each other. And you're in town in New York here for Mainnet. How's that been going? Yeah, it's been good.
What Bitcoin Did
A highlight from Orange Pilling Through Sport with Steven Nelkovski & Patrick O'Sullivan
"The beautiful thing about Bitcoin is if it works with baseball, it works with anything. If you think about value for value, the model, it changes everything. Right. Hello. How are you all? Hello from Lebanon. What a cool country this place is. It's really strange. As I travel around the world, sometimes I go to these places where you worry about the economic situation, you end up meeting the most amazing, incredible people, most amazing resilient people, and Lebanon is exactly that. So I cannot wait to get this film out. Anyway, welcome to the What Bitcoin Did podcast, which is brought to you by the legends at Iris Energy, the largest NASDAQ listed Bitcoin miner using 100 % renewable energy. I'm your host Peter McCormack, and today we have Perth Heat on the show. We've got CEO Stephen and chief Bitcoin officer Patrick, Patrick O 'Sullivan. I was going to try and say Stephen's name. I think it's Nelkowski, Nelkowski, I think Stephen Nelkowski. Danny, what is it? Nelkowski. We've never had Danny on an intro before. Nelkowski. Yes. CEO Stephen Nelkowski. Now I've known Stephen for quite some time. When we announced Rael Bedford, he'd already announced his Perth Heat Bitcoin project, and then I met him out in Miami. He gave me a jersey, and we've kind of been knocking back DMs on Twitter for this whole time sharing ideas, talking about what they're up to, what we're up to. There is so much alignment between the Perth Heat baseball team and what they're doing in Australia and what we're doing with Rael Bedford over in the UK. And so yeah, I've been keeping an eye on their progress, been impressed with everything they're doing. They're definitely a little bit ahead of us, but there's so much alignment between us and them. And I know not everybody loves the football side of things, but this Bitcoin and sports thing, I'm telling you, it's so important. It's important on so many levels, there's so many chances to orange pill people by meeting them where they're at. And I'm telling you, Bitcoin and sports is going to be big. So give me your feedback. Let me know what you think. I hope you enjoy the show. Absolutely loved it. Steve is a legend. Patrick is absolutely beavering away like a legend trying to get all the Bitcoin stuff going for them. I'm going to be nicking some of their ideas. Hopefully, we will have some cool ideas. They can nick as well. But yes, let me know your feedback. Let me know what you think. It's hello at whatbitcoindid .com. Welcome, brother. Good to be on. Who's your friend? This is the chief Bitcoin officer of the Perth Heat. You actually the chief Bitcoin officer? That's it. That's the title. Chief Bitcoin officer. That's all I do. That's what I'm trying to get Ben Ark to do for us. You know Ben Ark? Yes. He doesn't even like football. But he comes along. He gets the whole thing. Great role to have. Emerging role. Yeah. You saw that job ad for that Bulgarian team. Yeah. That's amazing. Yeah. We've got a call with them. Joe Hall's trying to get me to talk to them. But there's two upcoming Bitcoin football teams, young whippersnappers. The league is expanding quickly. We've had a couple of recent inquiries from teams in Europe wanting to speak about what we've done with the baseball team. But as we've said so many times on Twitter and in comments that the Bitcoin sports league is a lot closer than what most people think. There's a lot of interest. Yeah. You beat us to it. I think you beat us to it. We had a couple of weeks between us, I think. Was it that close? It was. There was a nose between, I think, the two announcements. We were early November. I think you were late November, early December, something like that. We're talking 21, aren't we? 21? 20 said? Yeah. It was 21. Because I think I announced - November 21? Yeah. I think I announced December 21. Yeah. And we took over the team in April 22. Yes. That's right. Yeah. Yeah. Yeah. Yeah. You just beat us. Justin. So many things have changed since then as well in so many ways. What we thought we'd be doing in two years has just dramatically changed so quickly. It's awesome. There's loads we can get into and we're going to. But let's just do a bit of background stuff just for people listening so we can build the picture of what we're doing. So, like, introduce yourself, what you do, and yourself. I know we know you're the Bitcoin officer, but like, and then just tell people about Perth Heat, who they are, and then we'll build from there. Yeah, easy. So my name's Steven. I'm the chief executive of the Perth Heat, who are Australia's most successful baseball team. We've won 15 national titles. We've had 34 players who have played Major League Baseball. We've got an exceptional relationship with the Tampa Bay Rays, who send us out six to each eight players Australian summer. And these are top end draft picks. So one of the players they sent us last season, Junior Caminero, is on the verge of playing in the big leagues right now. So they send us the best of the best in terms of their young talent. And we build a squad and we play a season in the Australian summer. We've got a history of winning. We've got a history of producing great players. We're also the Bitcoin baseball team. And it's been, yeah, it's been an incredible ride. How big is baseball in Australia? It's big. It's look, it's obviously we've got the big sports in terms of Aussie rules. You've got rugby. You've got strong national teams with the Australian cricket team. You've got the Socceroos, you've got the Matildas. So it's not a tier one sport. But in terms of the quality of the competition, if you look at the fact that Perth Heat have had 34 players who have played for the Heat and then gone on to play Major League Baseball, there's no other team or competition that could produce that sort of statistics. So if you looked at one of the football teams like the Perth Glory, they haven't had 34 players who have played in the Premier League. So it's the competition is extremely tough and would be one of the best winter leagues in the world, especially with our association with Major League Baseball. So they send players out to you to get game time. And they also scout players that you have got of your own. There's a bit of scouting. There's international scouts in every city. But the idea of sending them out to us is they will see how the players will react in a foreign environment, a different style of baseball, different time of year. How do these players go in an environment over Christmas, New Year? Some of them are coming back from injury. Some of them have had interrupted seasons. That's a good chance for some of them to also build game time. But it's a program now with Tampa. Then in the last five years, we've had five players already play Major League Baseball. Jacob Lopez was the last just a couple of weeks ago. And as I said, Junior Caminero is knocking the house down, his 27 home runs this year. It's just a phenomenal generational athlete. And what kind of crowds do you get? Yeah, they vary across the weekend. We play a series. So we'll play Friday night. We'll play two games on a Saturday. Two? Two games on a Saturday. And then we'll play another one on a Sunday. So there's four games in the space of 72 hours. And the crowd's roughly between 5 ,000 to 7 ,000 over the weekend. OK, wow. So two in a day. What kind of demands are put on the players? Well, it's different. So baseball, if you're a pitcher, the demands are extreme. Every time you throw the ball, it is logged. It is monitored. It is counted. If you're an outfield player or an infielder, one of the batters, then that's what you're built for. You're built to play every game. So all the pressure's on the pitcher? Pitchers, yeah. Good pitching will win you championships. You need a really strong pitching lineup to bring in the different times of the game. And that's the part of your lineup which you really have to monitor so carefully. Because you could start a series with a pitcher. And if he doesn't perform well, when you bring him out of the game, when you introduce someone else. And then if they don't perform well, how quickly do you run through your rotation knowing that you've got four games to get through? So there's a lot of analytics that we look at, we monitor. And as we said, that pitch count is very, very closely watched. I've been to a few baseball games. I've been to see the A's. I've been to see the Dodgers a few times. I've been to see probably your team. Yes. We went to the Yankees. Yeah, we went to the Yankees. It was too hot, wasn't it? Yeah, it was so hot. It was so hot. Our knees were burning. There's not many roofs on the stadiums, yeah? So you're sitting out in the sun, yeah, baking. But there's heat, but it was too hot. Our legs were in shorts, our legs were burning, so we just went and stood at the back and drunk beer. Then the Yankees get absolutely back. I think they were 10 down within two innings. It was like insane. Yeah, but it's a crazy game. It can be 10 down, and you can still win. My wife has now accepted that no matter how far in front we are in a game, she won't relax until that last out. You can be 6 -0 up, 8 -0 up, and you can still lose a game just like that. It's very, very different of football. In football, if you're 3 -0 up, it's effectively game over, yeah? But in baseball, a three -run lead, a four -run lead, it can change with just one pitch if a batter walks, and then suddenly things just change. It's taken a while to understand and to even get comfortable with it. When I first started in the role five years ago, baseball traditionalists would say, well, that's baseball. It's like, no, it's not. It's bad game management. But yeah, it's baseball. It happens in the big leagues. It happens in Australia, and sometimes it happens with Perth Heat. And so your wife, is that because she's got into the baseball, or she's planning for what your move's going to be like? Bit of both. She has to be into it, but I'm not a good loser at all. Yeah, I'm not probably the best person to speak to if we lose a game for a good 24 hours. After we lost the championship series, that 24 hours was probably four months. Mate, honestly, I know exactly how you feel. We lost three games last season in the league. We lost one cup game, and then we got thrown out of a cup because we played an illegible player should have been suspended, administrative error. Every single one of those, I was not good for 24 hours. I spent the next 24 hours saying, what did I do wrong to contribute to that? Even though it's the team and the manager, it's like, what could I have done more? Could we have prepared the team better? Did we not provide the right resources, or did we not get the balance of the roster correct? There's so many things that go through your mind, but yeah, I'm certainly not a good loser. Were you a Perth Heat fan before? No, with a surname like Neil Kobski, you grew up with a round ball in my household. I was a football fan from an early age. This is a true story. Before I took the role with Heat, I had not watched a baseball game from start to finish. I had not watched a full nine innings. I'd watched parts of a game, but I hadn't watched a whole game. That first year in charge was challenging because you'd be with corporate partners, and I didn't know all the rules, and something would happen during a game, and they'd ask, why did that happen? I'd scratch my head and say, I'd have to find out for you. I'm obsessed with it now. My wife loves watching players steal bases, just running from base to base or trying to steal. Then I look at my family, Grey Caritage, and they're all into it and enjoy coming to the ballpark. Most people I introduce do enjoy it because, again, it's a different sport in terms of the pace of the game. You can relax a little bit more and then sit back and enjoy the menu of the hot dogs or the crackerjack and see some home runs in the background. Well, you don't understand the sport. It's a bit like cricket, right? Most Americans, almost every American does not understand cricket. Are you trying to explain test cricket, that it's five days, two innings each, it could rain and end in a draw? Nobody understands it, but when you understand the game, you understand what brilliant test cricket is. Like my son, he watched the Ashes with me, and I had the first two tests, I was explaining how this works, why they might declare, what the follower knows, which never got used. Trying to explain the strategy of it all. And then once he understood, he got into it, and I was mentioning going to watch baseball. I said to you before we started recording, I was dating that girl in LA, so we were going to watch the Dodgers. It was a playoff season, and I must have gone to maybe five games. I went to the game, I don't know if you know the one where Justin Turner hit a walk -off home run in the playoffs. I think it was against, it might have been the Cubs, but by the way, that itself was an unreal moment. The great finish there. Unbelievable. But I had a guy who was sat with me each game explaining it to me. And one of the things I'd never known about is the whole pitcher strategy. My from assumption the little I'd watched here or there, it was just one guy all game. And if somebody came on and it was injury, I didn't realize you're strategically placing different pitchers in the game, especially towards the end of the seventh, eighth, ninth innings. I didn't know any of that. And so once you understood that, you understood the strategy. And then there's huge strategy, whether you're bringing in a left -handed pitcher to pitch to a right -handed batter, left -handed batter, or someone that can face up to a curveball better than a slider, et cetera. Explaining the game to someone in baseball is a lot easier in the ballpark. If you're watching it off the screen, it's a bit harder to pick up. If you sit in the ballpark and you've got someone that can explain the rules, you will understand it a lot quicker than watching it at home. But the strategy behind pitching is nuts. The movie Moneyball and the strategy behind the analytics is spot on. There's so much you can gain out of the numbers. And that's a big part of our relationship, even with Tampa, is the Tampa front office and what they have in terms of identifying talent and how they use it is something that is a great benefit to an organization like the Perth Heat as well. There's a whole Moneyball thing that started coming to football as well. I know specifically teams like Brentford and Brighton have used it. But they're using it in a different way. They're trying to identify talent, which they sell out. I mean, Brighton. Can you look up their sales of players? I mean, Brighton. They have a profit of 130 million pounds, was it, this summer? I mean, historically, they weren't ever a Premier League team. No. It's only in the last, what, five, six years did they become Premier League? They're now established. But the volume of players they sell and the rates they sell their players for, have they got recent sales? Yeah. Let me pull it up. It was the same with Southampton. They kind of had that strategy as well. So there we go. Okay. Caicido, 160 million euros. McAllister, you went to Liverpool, 42 million. Sanchez, 23 million. But there's more in the previous. I mean, is that just this season? Yeah, that's this season. Did you have last season as well? I don't think it was on him. What was up at the top when you scrolled to the top? That was people who had come in. Right. Okay. But this is their whole strategy. I mean, they're now talking, this guy just got a hat -trick. The other Ferguson got the hat -trick against Newcastle the other day. People are starting to talk about him. And they've managed to have this rotation of players. Even though they're selling their best players, they've got these new ones coming through and they've got like an identity, which means it's a profitable business. Luton were the same. So Luton Town managed to get back in the Premier League from going into non -league, which itself is incredible. But they had a whole strategy of bringing players through and it's part of their revenue model. Does that perform part of your actual revenue model to develop players? For Perth Heat, it's a little bit different because if we have players that we continue to develop, they'll get drafted. And the draft system works a little bit differently to football where the club doesn't take the profit. The actual transfer fee goes direct to the player. Oh, wow. It's one of the first questions our board of management asked when they took the license over. How can we develop players and on -sell them? But it doesn't work like that in baseball, unfortunately. So, yeah, we've got a great farm system of producing young Aussie talent to go and pick up minor league contracts. But there's no return there to the club, unfortunately. Were you a baseball fan before you joined? I mean, I played when I was a kid. But not much of a fan. No. No, it was strictly because of the opportunity that came up that I joined. And when did you join? When? Same time. So about a year before, when the talks happened about, well, maybe this is something that we might be able to do. And then what the details look like for making it a possibility for a team to embrace Bitcoin as much as the team has. And then suddenly realizing that it's going to be significantly more work than what it first appeared to be. Because I didn't really have a role there to begin with. I didn't have a job. I wasn't working there at all. But then sort of trying to orange pill the board after Steve got it and to show them what we could do with it. It was very much, this is the idea. This is what we think we can do with it. And their attitude was, OK, go out and prove it and show them exactly what we could do to kick things off. And then from there, it was just small win after small win. And then realizing, well, if we're going to actually do it and announce things in November about just how far down the rabbit hole we were going to go, that we couldn't just, you know, Bitcoin is not at the point now where you can just launch and say, OK, everything worked perfectly. I mean, you know, it's so hit and miss with things that will work and things that won't work. And that's integration with systems that are already in place, especially when you're talking about a business of this size. You know, it's not your micro strategy. We don't have teams and teams of lawyers or people that can look after all of the various elements. And to go all in on Bitcoin means really restructuring how you do everything. And eventually that came back to me as my sort of ability to transition and see what will work, what's going to work now, what will work in 90 days from now and what it's going to look like in 180 days from now. All of that has changed and just somewhat to stay on top of that and to help integrate it into the systems that Steve is already looking after. Yeah. So I'm going to be interested to compare and contrast what you've done to what we've done, because like we're tiny. You know, our crowds are tiny. When we take, if you want to pay with Bitcoin on a match day, we're talking a handful of transactions. You got up to 7000 people there. So that's that's an entirely different beast. What were you, sorry Steve, what were you doing before you joined? My background is media marketing, so I used to be a sports reporter on one of the commercial networks here in Australia with Channel 7. I was there 14 years as a broadcaster, used to commentate to football games. But after being a reporter for the best part of 15 years and seeing how sports organisations run, that's where the real appetite for running a sports organisation came in and wanting to win championships. So I went and worked for a local football team, which is the Perth Glory, who play in the A -League. I was in a media marketing role there for a few years. Is that where Robbie Fowler played? He did the great man. God. Yeah. He used to come over to Mum's house every week for dinner. Shut up. Yeah. Are you serious? A gentleman. One of the most beautiful men. Yeah. We're always on the text to each other. He's a... You're friends with Robbie Fowler? Yeah. There we go. You're in. I want an interview with him. He's one of my childhood heroes. Oh wow. Yeah. And you know what? He's just a lad. He's just brilliant. He came and played for the organisation. And yeah, it was Monday night's dinner at Mum's house. He loved the Greek food, so we kept to a winning formula. That's unbelievable. Do you know the song the Liverpool fans sing about him? About we all live in a Robbie Fowler house. Do you know about this? I don't know. So Robbie Fowler is one of the footballers who was very smart with his money. He just bought just properties all over Liverpool constantly. And see, he's got this huge property portfolio in Liverpool. And so the Liverpool fans sing, we all live in a Robbie Fowler house. Yeah. He's a... He's God. He's God. He's just an awesome guy. Good fun to hang out with. And yeah, made so much time for the people of Perth. We had a great year together. And he's also very cheeky as well. There was a time where we weren't performing too well. We'd lost, I think, five games on the trot. And it was the time that Wayne Rooney was having a whole heap of issues with Manchester United. And we were about to do this live TV cross for Channel 7. And we knew the chairman wasn't too happy at the time. So I said, we've just got to try and deflect here. And Robbie had been in the UK for a week. And the presenter said, so Robbie, what was the trip to the UK all about? And he said, it was to chat to Wayne. And my phone had been, the media marketing guy just blew up, Fleet Street just went mad with this. It was just an off -the -cuff joke that we were trying to sign Wayne Rooney. And it was just everywhere within hours and we had to put out a press release and it was great because it deflected off the five losses that we'd had, but it was just a bit of a piss take. What was his scoring record like at Perth? Look, it wasn't as good as what it was at Liverpool. We would have been nice for him to score a few more goals, but the team struggled a little bit that year. And I think he ended up maybe with a dozen goals from memory somewhere around there. But it was a good year. And then again, I remember him taking out a little urn when England won the Ashes out before a game. And he put it up on his head and there was photos of it. He's just a great prankster in a lot of ways. He's an awesome person to have in your change room. And yeah, I'm really happy to call him a friend. So I went down the Robbie Fowler rabbit hole with my son the other week because, did you watch the Liverpool Newcastle game the other week? No, I missed it. Right. So I said to my son that there were two games when I was a kid when Liverpool played Newcastle. There were four, three consecutive years. The first one was a back and forth. I think Liverpool went 1 -0 up, then Newcastle went 2 -1 up, then Liverpool got it back to 2. Then they went 3 -2 up, then 3 -0. Liverpool went 4 -3. Stan Collimore in the 90th minute. It's an unreal game. And then a year later, Liverpool went 3 -0 up, Newcastle got it back to 3 -0. And then in the last minute, Robbie Fowler scores ahead of this flying header to go 4 -3. And so I then just had to explain Robbie Fowler to my son, why everyone said he was God. And we went down this kind of rabbit hole of Robbie Fowler goals. I was always really sad, though, because when he left Liverpool, I'm trying to remember, was it Leeds and Man City he went to? Did play both, yeah. Yeah, and I just couldn't accept him, not in a Liverpool shirt. Not in a Liverpool shirt, yeah. It didn't make sense to me. No, iconic to that club, and yeah. Absolute legend. Sorry, there's a bit of a tangent. OK, so going from commentator to chief exec, that's quite a jump. Did you have to kind of prove yourself you were capable? Did you have to pitch yourself for it? Look, I did the four years at Perth Glory in a media marketing role. I then stepped outside of sport for the first time in my career and just did some sales, what they called home and land packages here in Australia, selling some land in the house with it, and quickly went into a management role there with one of the companies. And then the opportunity came with the heat, and I was given the chance to run my first club, which was good because at the time I'd just started as president of a football club as well. So the management position was quite similar. I've run both roles now for the last five years, which has been brilliant. What is the mandate for the chief exec? How does it compare to, say, a chairman in a football team? Just look, every club's structure can be a little bit different, so yeah, a chairman for us is one of the shareholders, majority shareholder of our club, so he's who I report to. I've got the day -to -day running of the organisation, and I report to our chairman. What are the main things that you're responsible for the team in ensuring they've got the resources they need? Everything, yeah. Everything, yeah. I run the organisation. So it's basically probably almost identical to my role. Correct. Yeah, absolutely. Bigger numbers. Yeah, there's bigger numbers, but I don't think it really matters, and there's probably a good contrast with a football club. Whether you've got 10 members, 100 members, 1 ,000 members, a million members, the communication is still the same. You still treat your members the same way, regardless of how many zeros are involved. It's the same if you do a social media post, whether your club's only got 50 members or 50 ,000, you're still putting out information. So in some ways, don't get scared by the numbers. It's treat the position with respect and your members and partners, et cetera. Again, corporate partners, regardless of what the partnership value is, they're a corporate partner.
Bankless
A highlight from Surveillance Finance 101 with Seth Hertlein and Michael Mosier
"Hey, Bankless Nation. I put out a tweet last week that said this, who can come on bank lists and explain the modern financial surveillance apparatus? FADF, FinCEN, AMLKYC, OFAC, the Blacklist, the Graylist. How does it all work? Who makes the rules? But in the space for years, I still don't understand these dark corners. That's very much how I felt coming to this episode, needing the financial surveillance 101. I knew it was an octopus, knew it was this multi -headed hydra. I had no idea how deep its roots actually go, and today we unpack this with legal experts. Seth Hirtline, he's the VP of Global Policy at Ledger, and also Michael Mosier. He actually has spent some time in the belly of the beast at both FinCEN and OFAC. Now he's on our team. He's the guy inside the house. Yeah, and now he's on Team Crypto, so he's got some insider baseball that he's going to tell us as we make sense of this. This was a really fantastic episode. I know I want to get your comments on this episode, but before we do, we've got a message from our friends and sponsors over at Ave. David, what does Ave want bankless listeners to know? Ave wants you to know that Ave V3 is here. I mean, it's been here. It's been here for six months. So why does Ave want you to know that V3 is here? Well, because apparently over a billion dollars of capital doesn't know that because it's still in Ave V2. Not only that, but there is a button for migrating your capital to Ave V3. So Ave, if you are an Ave V2 enjoyer, which you are free to because it is permissionless open source technology, they still want you. Everything gets better if all of the liquidity goes to the same place. So if you are using Ave but you are using Ave, an old version of Ave, perhaps consider joining the rest of the crew in Ave V3. It has more liquidity than Ave V2, but also some extra features as well. So power asset isolation mode and compartmentalize your risks. It's got some gas optimizations. It's got some extra bells and whistles. It's just a better version of Ave. App .Ave .com. But then also there is Ave Grants. If you are a builder building on Ave, especially their brand new stablecoin Go, there are grants available to you. So overall, there's a bunch of things to do in the Ave ecosystem, and there's a link in the show notes to get started with all of them. Yeah. My favorite, I would say both of our favorites, lending and borrowing protocol and crypto. They've been around since the very beginning. Ave is just fantastic. David, I know this episode was my idea. It's kind of like geeky, wonkish stuff, but I felt like it was so important, especially on the back of developers getting arrested in tornado cash. Like what is going on? I just realized one day I don't even understand what all of these are institutions and what gives the financial surveillance system their apparatus. What did you think of this episode? Yeah, I definitely would categorize this one as a Ryan episode. I was definitely in listening mode for the majority of this podcast. I mean, I guess that's what it's like to be a listener. You're in listening mode, so I guess telling listeners to enter listening mode, I guess doesn't help them. I learned a lot. It felt like story time, a little bit about American history. One of these episodes that we frequently do on Bankless every now and then about just like, hey, how did just the state of laws come to be in the way that they are and how are they downstream from the original American values that this country was founded on? What about the current settling of the dust around this new player in the world of, in this universe called cryptography? How is that disturbing the equilibrium and how do we need to extend American values into this new world? Because if we don't do that, then non -American values will take over. I think that's kind of the through line that I would, that will anchor Bankless listeners is that there's this new field in territory. We can have freedom enter and establish itself legally, or we can have authoritarian interests enter in that same field. And I mean, I think everyone knows which side that we want to win. We need to actually fight for that and fighting for that starts with understanding. And so I think that's why I enjoyed this episode is it helps tell that story. Yeah. And anytime David says American values, if you're outside the U S and you're like American values, just, just think of liberal values, like lowercase L values, right? Civil liberties you know, freedoms of citizens to, to express themselves and to transact without the surveillance of the government. That's really what we're talking here. And that's what's at stake more than anything. I think this episode impressed upon me that unchecked, this is just an octopus. This is just like a tree structure that will, I don't know, it's not an octopus slime mold. It will grow. Exactly. And, and it is growing and it has grown since like the 1970s. Anyway, absolutely fantastic episode guys. Stay tuned for this. But before we do, we want to tell you about our friends over at Kraken, which is our number one recommended exchange. Go check them out. Kraken pro has easily become the best crypto trading platform in the industry. The place I use to check the charts and the crypto prices. Even when I'm not looking to place a trade on Kraken pro, you'll have access to advanced charting tools, real time market data, and lightning fast trade execution, all inside their spiffy new modular interface. Kraken's new customizable modular layout lets you tailor your trading experience to suit your needs, pick and choose your favorite modules and place them anywhere you want in your screen with Kraken pro. You have that power, whether you are a seasoned pro or just starting out, join thousands of traders who trust Kraken pro for their crypto trading needs. Visit pro .kraken .com to get started today. Mantle formerly known as Bitdao is the first Dow led web three ecosystem, all built on top of mantle's first core product, the mantle network, a brand new high -performance Ethereum layer two built using the OP stack, but uses Eigen layers data availability solution instead of the expensive Ethereum layer one. Not only does this reduce mantle networks gas fees by 80%, but it also reduces gas fee volatility, providing a more stable foundation for mantle's applications. The mantle treasury is one of the biggest Dow owned treasuries, which is seeding an ecosystem of projects from all around the web free space for mantle. Mantle already has sub communities from around web three onboarded like game seven for web three gaming and by bit for TVL and liquidity and on -ramps. 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All of these technologies leverage the security and decentralization of Ethereum and provide a builder experience that's intuitive, familiar and fully EVM compatible, faster transaction speeds and significantly lower gas fees. So visit arbitrum .io where you can join the community, dive into the developer docs, bridge your assets and start building your first app with Arbitrum experience web three development the way it was always meant to be secure, fast, cheap and friction free. Bankless nation. We are super excited to host two legal minds on our show today. Seth Hurtline is the vice president global head of policy at ledger and Michael Moser. He's the building ex ante. Um, he's formerly been at FinCEN and the treasury chief technical council at T analysis. So he's seen a thing or two in the space. Uh, welcome Michael. Thanks. All right guys. Uh, so what we're going to attempt to do on today's episode is give kind of the everyman explanation of financial surveillance. I feel like this is an episode. Um, maybe for me, it's, it's kind of a selfish episode because I feel like here I am in crypto and I've heard all of these, you know, four or five letter agencies. Uh, and it's recently started to impact my life with like tornado cash. I'm not entirely sure what these agencies are. I'm not entirely sure what's legal and what's not. I'm not entirely sure what powers each of these agencies actually have over my financial life. And I'm looking for like the one Oh one, I'm looking for like the, the explainer when we call it, talk about fat if, uh, and we're talking about OFAC, we're talking about whitelists and gray lists and we're talking about, you know, can I use tornado cash or not? And I can't because I'm an American. I just don't know what, uh, what every like what's going on here. So I feel like we need the one Oh one episode. So if you guys are game to do that, that's what, uh, this we're going to try to accomplish today. So I'm good. Great. Absolutely. Well, let's, um, let's kind of start domestic, uh, from sort of the U S perspective if we will, and then, then go international to kind of the rest of the world. But I want to start with maybe a working definition. So I'm thinking of this episode as like a financial surveillance one Oh one episode. And I'm wondering if you guys could sort of describe financial surveillance when I use that term, what does it mean to you? What is kind of happening behind the scenes? Who are some of the main agencies that hold the power? I'll throw this one to you first, Seth. Okay. Um, well, I, you know, I think, you know, for the purposes of this episode, let's, uh, you know, sort of carve out, you know, private sector or sort of corporate surveillance. Um, uh, let's, let's sort of limit the scope of today's conversation to, uh, to government surveillance. But I, you know, I think the, uh, you know, a good working definition could be, um, you know, information that is, uh, collected by, uh, or, uh, required to be reported to, uh, the, uh, the federal government or an agency thereof, uh, either by individuals or, um, uh, by, by service providers, intermediaries, uh, that they use for, uh, their everyday financial lives. So just to check that definition, Seth, I hear hearing two parts. One is the legally mandated reporting requirements, which if you don't do it, you get like something like fines and jail. And then there's additional information, which it would seem that the powers that be are able to just collect by their own visual, uh, mechanisms as in like it's information that's out there and they collect that information because it's available for them to collect. So that's two types of data. I mean, you know, Mike, I'd be curious your, your thoughts on this. I think it sort of converges effectively into, uh, more or less the same thing. Um, so, so maybe not a need to draw that particular distinction. Um, yeah, I think, I think it's a, I think it's a collective approach. It sort of, um, I think for two reasons, one is, you know, some of that will come into play, David, as we're, as we think about challenges, including constitutional challenges, uh, as courts have, have made a distinction between, uh, when you put your trash out, um, have you relinquished control of it? And if somebody goes through it, they just go through that through it, um, versus, uh, somebody coming in your house and going through your papers, which is the sort of genesis of the fourth amendment. Um, and I think as Seth's pointing out, we're, we're in a space here with, with web one, two, and now three, where there's tremendous amount that's, that's in this gray area between what's public and what isn't. I think even, even the concept of like what's public information at this point, um, is, is a lot more of a fine tuned, uh, fine nuanced issue, uh, including, I should say, like in a way that, that also these same government agencies that are, that are collecting it for various reasons. I mean, the, the mission of all of this, uh, and I think this is important is something when, when I was at FinCEN, we would say to the people on the Hill, making the laws too, sometimes without asking us first, uh, was that the primary mission is countering exploitation here. And so you have to factor into that, that the fact that this information out there and being collected in any form is also subject to creating greater exploitation. Uh, and that, that includes people's, you know, honeypots of people's data that gets hacked. Um, some of this recently coming up in FTX and Kroll, um, coming out of the bankruptcy. Uh, and that's something that, that I think there's the policymakers and the politicians, and then there's also the, operators out there, including at FinCEN and DOJ are saying, actually we don't need more cases and more victims. Uh, so can we protect some of this too? It's partly why we brought in privacy experts and did initiatives on zero knowledge proofs and homomorphic encryption at FinCEN. So I do think it's really important that we're, that we're talking about that very holistically. There's a lot out there. So already we're talking about FinCEN and DOJ and treasury and all these kinds of institutions. I want to get some working definitions on, but, but while we're, while we're talking about, um, this, this term, financial surveillance, all right, let's just get a grasp of what sort of data is generally being collected. And like, when is this primarily like, uh, intermediaries that are required to submit this? Because, um, as a, you know, a citizen of the US, I don't often have to, I guess I'm not like conscious of times that I'm like filing paperwork with treasury or FinCEN, but maybe I am through an intermediary and I, I just don't know it. So what sort of things are being tracked and, uh, surveilled and why? I'm happy to take that first. Yeah, I think, I mean, so it's true. You're not, although I will say there's, there's, uh, there's legislation out there, particularly in the tax space that could make you a reporter, Ryan, whether you like it or not, and whether everyone around you likes it or not. Uh, speaking of honeypots, like you may be collecting and reporting on others, but I think as, as in a traditional stand from the, from a FinCEN perspective in the Bank Secrecy Act, um, you're absolutely right. It would be intermediaries. Uh, and in fact, this goes back to some of the constitutional issues that, and the third party doctrine that Seth mentioned, but it's really transactional information. Um, and historically, in fact, the, we can talk through a little bit if you want the history of the Bank Secrecy Act, but it was exactly this. It was around, uh, reporting requirements basically, uh, coming up through the seventies. Um, and basically at the time it was purely, it was basically large cash. Um, law enforcement was seeing large cash deliveries to banks. I'm pretty sure it was organized crime. And when they would go to a bank, the bank would say, I don't know, I don't know why, um, Bugsy Siegel dropped off, $100 million. Uh, and so the other piece of that was that there was foreign Swiss banks, uh, at the time. And so this was the foreign transactions reporting piece of it too. Um, that had Swiss bank, Swiss secrecy, uh, Bank Secrecy, which is where the Bank Secrecy Act comes from. Um, and so the US would say, okay, well, we'll go to Switzerland where some of this money is getting sent from the bank that was brought in in cash. And they'd go to the Swiss and say, okay, you tell me about what's going on here. And they would say, there's nothing we can say. There's a secret, there's bank secrecy here. And so part of it was going to the US banks and saying, we need you to collect more information at the time. It was really just information of like, who's collecting it. Um, give me their, their, basically their, their bank opening information. Where do they live? What's their phone number? What's their, um, what's their occupation? What's their source of income, that sort of thing. It evolved over time to suspicious activity reports, which is much more, I think what, what you're thinking through, which is, okay, now a bank is making a determination. Seth came in the other day. He didn't just drop off a bunch of cash. He's, he's making anomalous, uh, deposits that don't make sense to us. Uh, this seems suspicious. He said he was, uh, he said he was a reporter, but he makes a million dollars a day. Um, what's going on here. And so they would file a suspicious activity report that would lay out, who is it? What did he say it came from? Um, and what is it that's suspicious about it? And I, and I should say like, you know, back in the day that would have been, he brought in a bag of cash, um, net, then it would evolve to checks and check numbers. Then it would evolve to trans, uh, wire transfers and the wire transfer information about every piece of that transaction who the correspondent bank was in the crypto space. That could be all sorts of things. What wallet address was connected? What time? Uh, if it's a, if it's a public ledger like Ethereum or Bitcoin, that might be, here's a graph of everything that that wallet touched, um, historically, uh, depending on what the platform is, they may collect the IP address, even the device identifier that Seth used to connect. Um, so there's a tremendous amount of data and metadata that could be collected in that. Can we, Michael, so can we go back to kind of the history here, uh, with you guys to make sure I understand it. So there wasn't, and we're still domestic, so we're still talking about the U S and we'll expand international after this. So, um, prior to like the 1970s, am I right to say there wasn't much financial surveillance? And then in the nine 1970s, is that, is that correct? Yeah. Yeah. Okay. So that's correct. And then in the 1970s, basically to kind of fight crime, maybe organized crime, you know, the mafia was sort of one, uh, one organization that was in the cross hairs. Uh, the U S came out with a bank secrecy act and this started sort of the, the surveillance, financial uh, apparatus. And, and so this, is this the reason basically for AML KYC, which is like, I have to be identified before I can like, you know, with a government ID, let's say before I can open a bank account. And this is the reason when I go to like transfer money or take out a large deposit from my bank, uh, the bank teller will say, what are you doing with that? Like, how are you using that money to ask these questions? I'm always like, why, why do you need to know this? Uh, you know, and it's almost couched as if, well, we want to protect you from frauds and scams and you know, maybe that's part of it. It seems like more of it is, is, is kind of this financial surveillance apparatus. So that's why I have to present an ID. That is why they are asking questions like, what are you doing with the money? And can you tell me more about, uh, the source of the funds? These are all questions. I'm, I know many bankless listeners have, have seen from their banks and it all, all emanated from this legislation from the, the 1970s and the bank secrecy act is that, is this correct? Yeah. So it started, uh, bank secrecy act was enacted in 1970. Um, and you know, at, at that time it was, uh, you know, a much smaller version, uh, you know, than it is now. Uh, right. So in 1970 I had two, uh, two core provisions, title one, title two, title one basically said banks have to, um, record, uh, transactions of their customers. They have to keep an internal log of all the transactions their customers made. Title two said the banks have to report, uh, transactions over a certain size to the treasury department. And in 1970, that, that threshold was set at, at 10 ,000 us dollars. Um, and so that created, um, one of these forms that, uh, the reports get made on called a CTR or currency transaction report. Uh, importantly, the, uh, that threshold, that $10 ,000, uh, hasn't ever been adjusted. Right. So if you, if you go back and you adjust the CTR threshold, uh, back to, to 1970 dollars, it's the equivalent of about $79 ,000 today. Wow. And what that amounts, yeah. What amounts that amounts to is, uh, you know, a gradual but constant tightening of the noose of, uh, transaction reporting of, uh, you know, the American people. Uh, and, you know, and so that's where it started. Um, you know, but, you know, both as, as sort of Mike and, and Ryan, your, your, your comments alluded to, there's this sort of creeping nature of it where it all, it just expands. Right. So first it was just the CTRs and the record keeping, you know, now it's, uh, SARs or suspicious activity ports that were added in 1992. Um, there was a, a vast expansion of the scope of the types of transactions it just really quick SARS. So suspicious activities report, is that basically incumbent on sort of the bank teller or bank employee to be like, Hey, there's something fishy about this transaction and I'm going to report it up. Is that right? Exactly. Exactly. Okay. Um, and, um, you know, so interesting stat on, on suspicious activity reports, um, somewhere North of 2 million SARS get filed with Vincent every year. Um, uh, you know, again, curious for your, for your insider take on this mic, but, uh, you know, testimony, uh, presented to Congress is that FinCEN reviews less than 1 % of the SARS that are actually filed. Um, and, you know, and, and there are, you know, way more CTRs filed than SARS filed. So, you know, most of this information goes into, uh, you know, basically just a government database and sits there waiting to be queried. Um, and, uh, you know, but so, uh, these things keep getting added on to the BSA, right? So it, it grows over time and there was a huge expansion in scope. BSA bank secrecy act. And so there was a big expansion in scope, um, as part of the Patriot act, uh, after nine 11, uh, that added a lot of new types of information that had to be gathered and reported and, uh, new intermediary types that are responsible for gathering and reporting that information.
SI Media Podcast
A highlight from The Debut of NFL Sunday Ticket on YouTube
"Welcome everyone to SI Media with Jimmy Traina. I am your host, Jimmy Traina. Thank you so much for listening. Bonus episode, bonus podcast on this Monday after the first Sunday of the NFL season. We had the debut of NFL Sunday Ticket on YouTube. It was on DirecTV for like 25 years. Now it's on YouTube. And Sal Licata, who joins me every week for Train of Thoughts from WFAN in New York and SNY TV in New York, joins me where we share our experiences with Sunday Ticket on YouTube, getting it set up, what we thought of it, full review, full breakdown of everything, what you need to know about it, what their differences are if you have YouTube TV, if you have cable, full breakdown of everything all related to NFL Sunday Ticket on YouTube. That's what this pod is with Sal. It's like a full -blown Train of Thoughts. So listen to Sal and I discuss it, come back later in the week for a regular episode. If you missed any recent episodes, check them out. Last week, Julian Edelman was on. He was great. Just joining Fox had some great Brady and Belichick stories. Charles Barkley was on recently, Peter Schrager, Chris Russo. Check all those pods out. Subscribe to SI Media with Jimmy Traina. And this is one of two episodes this week. All right, let's get to it now with Sal. Full episode here on NFL Sunday Ticket on YouTube. All right here right now on SI Media with Jimmy Traina. Welcome everyone to SI Media with Jimmy Traina. Thanks for listening. Bonus episode this week. This will be one of two. We're taping this on Monday after the first week of the NFL season, the debut of the new Sunday Ticket on Yahoo, on Yahoo. What a dope. On YouTube, on YouTube, I had to get on with Sal and we're just gonna riff about our Sunday Ticket experiences in week one. Sal, how are you? I'm great and I'm excited to have this conversation with you because we've had this many times over the years at dinner, at our houses, whatever, discussing this exact thing. And we both, I know, had great experiences yesterday. So I'm looking forward to talking about it with you. Well, let's start with this. There are many, many train of thought segments on this podcast over the last three months where you said you were not going to get Sunday Ticket. You were not going to get it. You're just focusing on the New York teams. And then I got the text message. Let's see here if I can find the text message. Even, even early, I noticed you were starting to cave a little bit earlier this week. Actually, 9 .34 a .m. on Sunday, I'm still on the fence. And then at 10 .45 a .m., the text came in from Sal. I'm in. It's like Michael Jordan returning to the NBA. I know. I thought about writing to you. I'm back. I was thinking about it as the week went on. I told you, like, because of the lineup with the playing Giants Sunday and the Jets playing Monday, that to me made it worse. Or you were saying, oh, well, you're going to have the national games. Yeah. But knowing that I didn't have to watch those games at that time made it more appealing for me to get the get the Sunday ticket. So I kind of thought I'd be going that way. And then Sunday morning I was like, fuck it. Let me just get this thing in. It's worth the money. Let me see what it's all about. And is it great. So so let me do a little preamble here before we get into it, because I want to say this and let me know if you agree, disagree. But before we even discuss this, I think what we need to establish is this. How you feel about Sunday ticket, whether it's direct TV, YouTube, the changes or it's it's going to depend on how you watch football, number one, and it's going to depend on what services you have. Now, for instance, Sal has direct TV. I have I don't have direct TV. Oh, oh, you have optimum cable. Correct. OK. Optimum cable. You were scamming the direct TV Sunday ticket all these years. That's right. All right. I did have direct TV. Right. And this is an important part of it. I don't want to gloss over it. And then I moved into the city and I was not allowed to get direct TV. So what they did was allow me to stream Sunday tickets. So I have been able to stream Sunday ticket for several years. So whether you have optimum like Sal, I have Verizon, Fios. Some people have direct TV. Some people don't have any cable. They have streaming services. That's a factor in all this. And then the other thing that I think added so much confusion over the last couple of weeks and is early yesterday there's also this huge Sunday ticket is different based on whether you have YouTube TV or you're just using YouTube. Now, Sal and I both have cable, so we're just using YouTube. If you have YouTube TV, the experience is different. So there's a lot of layers to this. It's very convoluted. I'm going to do my best to try to break it down for you now. So the biggest thing is this. If you have YouTube TV, you're good to go with Sunday ticket with your in -market and out -of -market games. You have nothing to worry about. If you don't have YouTube TV, like Sal and I, you're not getting the local market game. So on Sunday here in New York, Steelers, Niners was on Fox at one o 'clock. Browns, Bengals was on CBS at one o 'clock. Those games are not part of our Sunday ticket packages on YouTube. If you have YouTube TV, they were. So if you don't have YouTube TV and you just have YouTube, you have to have more than one television. I think if you want to watch all the games, if you care about one team, you're fine. You really do need to have two TVs because what I did was I had on my big TV, the multi -view with the four games. And on the second TV, I had one of the local games because that's how you have to do it. So, so far I weigh in on what I've said so far. Yes. Okay. Question here. Number one, if I had YouTube TV, do I then get the local games as part of the game mix? Yes. Oh, shit. See, so I may consider then, I don't know if I'm realistically going to do it, but that to me is like the number one thing that's been missing forever on the prior service. And now that I cannot have, because like you, I like to have the game mix and the four box grid, but it automatically takes out whatever local game is on. And I hate that. So here in New York, we could not get a four game multi -view that had either Steelers Niners or Browns Bengals in it on Sunday. Cause those are in market games. So there was no multi -view whether it was four games, three games that had those games in it. If you had YouTube TV, those games were part of the multi -view. So you, so you, so you would consider getting rid of optimum and getting YouTube TV. Well, I didn't know that that was the case. I mean, I probably, truth be told, I'll never be a cord cutter, but if I were to get it in addition, it might be worth it at least just for the season. Now I screwed up because I bought the ticket. Although I guess you have this period now where it's kind of, um, you know, the tree trial period and I can make a decision at the end of the week, but, uh, I'd rather than go back and get the ticket much cheaper if you buy YouTube TV, I think. Right. You know, YouTube TV is like $80 a month. It's like a cable service.
What Bitcoin Did
A highlight from The Emergence of Money with Lyn Alden
"Commodity money is like nature's ledger. Bank money is basically a ledger governed by nation states. And then open source money like Bitcoin is money governed by the users. Hello there. How are you all doing? Our boys, Rael Bedford, won last night. It's our third game in the league. We've had two wins in a draw, so a pretty good start to the season. Anyway, welcome to the What Bitcoin Did podcast, which is brought to you by the Legends of Iris Energy, the largest NASDAQ listed Bitcoin miner using 100 % renewable energy. I'm your host Peter McCormack, and today I've got the first part in a three -part series with the amazing Lynn Alden. I know you're going to love this. Now, as you all well know, Lynn just recently dropped her book Broken Money, and we were lucky enough to get an advance copy and sit down and make a bunch of shows about it with her. So we originally planned to make one show, but we knew that it wouldn't work. So Danny pitched it to Lynn. He said, look, let's make this a three parter. Let's get into three parts, the past, the present, the future of money. And so in this one, the first one, we discussed the emergence of money and why gold won until the era of fiat currency. Okay. You know, Lynn, you know how incredible she is. And with this whole series in this book, she was as good as you had expected. Honestly, we probably could have made a 20 -part series covering everything in this book. So whilst you might enjoy this show we made with her, please also do support Lynn. Please do go out and buy a copy of the book. And quickly, before we get into the show, you Aussie Bitcoiners out there, it's just over a week to go. I'm going to be heading out to Sydney, to Australia for my first time. And on September the 9th, we have our live event. It's Nick Barty at Woolly Woo, Checkmate, Rusty Russell, and Dan Roberts, all on stage with me and Danny. And it's going to be a banger. So if you want to get yourself a ticket, head over to what Bitcoin did .com and click on WBD live. Outside of that, anything else? You got any feedback? Got any questions about the show? You can drop me an email. It's hello at what Bitcoin did .com.
The Bitboy Crypto Podcast
A highlight from Crypto Market Dip NOT OVER? (J. Powell Hints More Rate Hikes)
"We are here in the Bahamas working to make it right. If you can't have a millionaire, would you keep working? The commander is here. What's going on right now is California's trying to figure out if they can defeat the government that popped the pot. Yeah. Oh, I can. Welcome to BitBoy Crypto! Home of the BitSquad, the largest and greatest crypto community in all the Interwebs. No channel works harder to keep you in the know about crypto than this one right here. My name is Ben. Come to you live every single day at 11 .30am Eastern Standard Time. Exactly. Also known as 9 .40pm MST, is that what you call it? Mountain Time Zone. Anyways, regardless, I digress. We are here at RARE EVO. We've got our Bencoin booth. I don't know if you saw pictures of it on Twitter. Super exciting. And, you know, it really made me think when we got here about what was going on last year at this time. And I think that's really where I want to start before we get into the show is really thinking about last year, this event was in October. And it was very interesting. I just talked to Charles. Charles just gave a speech on stage. Charles Hoskinson, founder of Cardano, of course. And last year, him and I did an interview on stage. And the interesting thing that really occurred was not what people got to see. It's what people didn't get to see. The behind the scenes was so interesting. Because if you remember, I made my famous Sam Bankman -Fried rant around the middle of October. This event was towards the back half of October, if I remember correctly. And the thing is, I had already marked the enemy territory with Sam. And our bill was progressing. And I had sent my bill to Charles. And I sent everything that, oh, there's crypto India. She looks like a monkey. She's got a banana. The fact is that we're spending all of our time and our resources and, you know, really trying to put things into this bill, and I asked Charles if he would support it. Same reason we sent the bill originally to FTX. And, you know, there's different stuff going on, but the point is the conversation went kind of like this. Charles, I don't understand. Why do you not want to support our bill? Like either financially or kind of giving it a vote of confidence? And he said, well, you know, I don't think the CFTC is going to like it, is what he said. He's been, you know, on Capitol Hill on the behalf of the Department of Agriculture, which, you know, all crypto falls under. And he said, you know, but here's the thing. I've dug into what you've been saying about Sam. And he said, it's true. Sam is doing all the things that you said he was doing. And here's the line. He said, but, you know, in the end, he's Sam Bankman -Fried. He's going to mess up. He's incompetent. That's what he does. And let me tell you, you want to talk about an accurate statement. Look how everything played out last year. Like being here and talking to Charles a second ago, it just really reminded me of that event. But here's the thing. You've got bad actors, okay? And there's a lot of bad actors in crypto. We know that. But the bad actors, they almost, in a roundabout way, it's like one of those circular staircases where you can't ever find where it, you know, enters and exits. Where are the good actors? And where are the bad actors? And the thing is, is that the bad actors, they almost force the good actors to be shown and to be present. And I think that's what you've seen over this last year is with the contagion and with the Alex Wyshinsky and Sam Bankman -Fried, you know, you really start to see who the good guys are, and they're not who they told you they were. And, to me, being here at Rare Evo again and seeing where we've gone in the last year, of course, you got a lot of bad stuff, but there's something like Bitcoin that now, you know, we're running. We've got our booth here. Super exciting. And it's all about crypto adoption. It's about taking those things that, you know, aren't quite right with crypto, whether it's the public perception, whether it's the education about crypto, whether it's the government, the policies, regulations, or whether it's the media, you know, we've got a lot of stuff to fix. And this technology can be used for the good. And that's ultimately what's going to happen. It's just a matter of the good guys, I guess, outshine the bad guys. So, we're going to get started here. There's Wendy. Wendy, you want to come, just come be on the stage? Do you want a banana, you hungry? I must ask you a question. Where is Bitcoin going to? We're going to go to do our show later today, I think. Tomorrow. Tomorrow, yeah. Our show's tomorrow. We're going to film lots of episodes tomorrow. Yeah, we're going to do four. So, we're going to have four for you guys. And you're going to be wearing something, aren't you? Oh, yes, I bought an apron. Do you want me to wear a muumuu? I draw the line that started to look like a woman. It was a cat muumuu, but they had one in blue. Yeah, they did have one in blue. It is true. It's not the color. It's like a dress. I know, but you could have worn pants. You can't do it. It could have been like ATL shorty. Shoddy. It's shoddy. It's not shoddy. It's shoddy shoddy. Well, from the west side. I can tell. I can tell. ATL. Shoddy shorty. Okay, well, here's orange you glad that you brought that banana? Bye, guys. Okay, guys, let's go get started with MarketWatch here. As you do know, we did officially switch to CoinGecko from CoinMarketCap. Now, I can't really see the chat, I don't think. So, yeah. So, guys, I love you a lot. I can't see you today, but you get to see me. And we're probably going to, guys, we're probably going to plan on ending it about probably 12 .30 today. So we're going to go through the show kind of quick. Okay, so here we go. We are on CoinMarketCap. Okay, there we go. Is BJ manually switching this? He's in here. Okay, looking at the overall markets. By the way, CoinMarketCap did actually start fixing some stuff. So they did email me after my big tirade the other day. So we'll see what happens there. The market cap almost at $1 .1 trillion. You know, we were just barely over a trillion a couple of days ago. Volume, $36 billion. Bitcoin dominance, 46 .4%. ETH dominance, 18 .2%. I'm going to get a little more used to these CoinGecko numbers to know whether that's up or down. I don't even remember. Gas, 15 .0 Paraguay to send you an ETH transaction. And I hope you guys enjoyed us going live from this, thank you, we're going live from rare evo today. This is one of these things where, you know, the more we travel, the more we go to events, you know, we can have BJ with me. He's an animal with the tech. And there he is. There's BJ, ladies and gentlemen. So, you know, we want to be able to bring you guys more live shows even when I'm on the road instead of, you know, look, we love Deezy. He's great. He's here. But I know you guys don't necessarily want to fill in. And all my Deezy fans, I guess y 'all like around the blockchain anyway, so he's going to be going live or going to be doing a show from here as well. Bitcoin coming in at $26 ,000 approximately. Ethereum coming in at $16 ,400. Uh -oh. Scam. BJ, Scam Likely is calling you. Scam Likely is calling you. $16 .48. Let's see. Where is the old XRP coming in at $0 .51? Yeah, I mean, we pretty much wiped out the entire gain from the lawsuit. And I wasn't expecting it to retrace all the way, but I guess it kind of depended on how high that it went. If it had gone $3X, then it shouldn't have. It just doubled. $0 .50 to $1 and then, or whatever it was, $0 .45 to $0 .90, and now it's crashed back down. But, of course, that's a reaction to the overall market. A lot of people are really expecting a big drop here. And I'm just not. Like, I just don't see it. I try not to get too caught up in the narratives. And, yes, there are some things about the 4 -year cycle that do indicate that there should be more down action, especially compared to Ethereum to Bitcoin. You can chart it doesn't look good. But I almost feel like everybody talking about it, you know, it seems to sometimes negate that. When everybody's expecting a big drop, it doesn't really happen. That's the thing. When we got our big drop from $70K at the top, nobody was expecting that. When we got the FTX collapse, right? Out of nowhere, nobody was expecting that. And so right now, everybody's telling you a big drop is coming, and it's like Bitcoin just loves to defy the narrative. It fits within the fundamentals of the 4 -year cycle, but in the micro, Bitcoin likes to defy. So, or defies, I may say. Let's see. Albert Condi with Superchat. I actually have the chat now. Yobin, you guys have lawyers on your payroll, right? Of course, with all the legal attacks from the US government, I want to watch some streams of discussions with lawyers who know crypto. Okay. That might be something we could, you know, might be better for maybe pre -recorded video rather than live streaming. Live streaming would be good too. But, yeah, thank you for the Superchat. Turn noise cancelling off. What does that mean? Is that us? Okay. One. What are you doing, BJ? No. BJ says no. BJ says no. We can only do the best, guys. What do we got? So next time, BJ says we're going to be a little bit even better prepared, so. We got RollBit coming in, 19 .7 % gains. If you guys did not know, RollBit is kind of a competitor to Stake in a sense, so we can't be covering RollBit really too much on this channel other than to say, look, the price went up, went up 20%, nice pump, and it's one of these things that's been running in the bear market, and it's obvious because people just want to gamble in the bear market because there's not a lot of gains to be had in the crypto world, so unless you're shorting or leverage trading, so RollBit's one to watch. Now, you know, Stake doesn't have its own coin, which is very interesting. I doubt they would ever do that. I don't think it's somewhere they want to get it, something they want to get into. But, you know, are we seeing a decentralized version kind of pop up? We'll have to see how RollBit goes. We have some coins up, barely. Big Ed token, Quant, Mantle, Polkadot, DYDX. So, alright, so let's go ahead and move on. Don't forget, guys, in here at the booth over here, we have a ton of Bitcoin merch. You guys, don't forget to check out hitmerch .com. We got an entire Bitcoin collection. So, you know, it's some really cool merch. Hope you guys check it out. I'm going to be in a dunk tank later, and I guess I'm probably going to see if we have some Bitcoin tank tops and shorts for me to get in the dunk tank with. It'll be everywhere now for charity. Alright, guys, moving on here. US Fed's Jerome Powell and Jackson Hole prepare for more rate hikes, so kind of serious, kind of, kind of not necessarily unexpected news, but they are really committed to, you know, lowering these rates and getting inflation under control, at least making it appear that it's under control. It's kind of like this. It's like, you think of quantum easing or quantitative easing, you can kind of think of it as like a superpower for the Fed, I guess, right? Like, what happens is, you know, I used to remember this game we used to play, right? All the boys, the boys, we go to the arcade. There are two games, really three games, that were four -player games that people just loved when I was a kid. You had The Simpsons. Simpsons was a four -player arcade game. It's pretty cool. Whatever. One of my favorite one, but I did beat it because that's what I do. I'm a winner. You also had Ninja Turtles. Ninja Turtles, man, what a great game that was in the arcade. Man, 4x4 action, you and your buddies, birthday party, you know, go to a big place like, you know. We used to go to a place called American Adventures, but there's other places, Dave and Buster's. And so what happens on this X -Men game? They had this X -Men game. And that was the game we all loved more than any of the other ones because it had this cool superpower. You kind of like store the superpower up, and you are willing to go all the way down to like one bar of your energy. You just take the hits, take the hits, take the hits, because you knew the maximum value of when you use your special power that will blow up everything on the screen was worth it. The appeal to use the quantitative easing for the federal government and Jerome Powell for the Federal Reserve is more appealing than the temporary hits that the economy is taking. They know as soon as they turn the quantitative easing back on, that they're going to be able to fix everything just to mess everything up again. But that kicks the can down the road, right? So they're willing to take the hits going down to no energy, your economy not do well, there's tons of stats showing our economy is actually worse than the Great Depression right now. It's all fake, and it's all smoke and mirrors. That's what the government's learned to do better over time is create the optical illusion that everything's fine when it's clearly not. So, Jerome Powell is, you know, basically saying like, hey, here's the thing. Let's see if this is all part of the optics. We're going to keep raising rates. It's what has to happen for us to get inflation under control. There's no such thing as getting inflation under control, guys. Our money is worthless. There's nothing behind it. It's going to happen again. Powell revealed that the Fed staff intends to hold the interest rates at a restrictive level until they are confident that inflation is moving sustainably towards a 2 % target. They made their remarks at the Economic Policy Symposium, also popularly called Jackson Hole Symposium, or Jackson Hole Meeting, posted by the Federal Reserve of Kansas City. I actually took a picture outside that one time when I was there for a Chiefs Finals game. Prior to the speech, traders were anticipating the Fed chairs' comments on the long -term economic scenario amid the ongoing macroeconomic uncertainty. So, there we go. And, of course, Bitcoin price hasn't, doesn't seem like it's really done that much for the Bitcoin price one way or the other. Okay. So, also, guys, we have IRS spares, crypto miners and validators and new broker reporting requirements. And, you know, here's the thing, guys. I told you that this thing about who's a broker in crypto, right? It was in some language of the big Digital Currency Act that got, you know, implemented a couple years ago, and everybody was worried about this broker language because it was going to affect miners. I told you the whole time, guys, the system has a lot of different fail -safes in it, okay? And so when you see one of these stories like China banning Bitcoin, like, okay, cool, you know, it's not that big of a deal. I knew this broker stuff in the United States. I knew it was going to end up not being a big deal. The language was not clarified in the bill, but I said it would get clarified later. And here, you have the IRS saying basically exactly what I just told you, is that even though the bill said one thing, this is what the IRS is going to do and how they're actually going to legislate and regulate this, or I guess the IRS just keeps up with the money. How are they going to hold it financially accountable? The Department of Treasury released its highly anticipated proposed regulations for crypto currency brokers. Notably, it's chosen to exempt individual validators and miners under the proposed rules. And this is big for DAOs, too, guys. Under the proposed rules, crypto brokers will have to adhere to the same rules as securities brokers, including filing information returns and furnishing pay statements for all customers and traders. The Treasury stated that the proposed changes aimed to curb crypto tax evasion and prevent crypto investors and businesses from getting an unfair advantage. Biden said there's as much as $18 billion left on the table. We all know he wanted that so he could give it to Ukraine or his son could squirt it up his nose. The rules that passed would go into effect 2026 for the 2025 tax year, which is absolutely huge because the 2025 tax year is the year to harvest the gains, right? That's when the bull market is going to be thriving, probably ending somewhere around the summer of that year. So, let's see. Yup. You guys, we're in a big room here. This is what happens when you're live at a conference, is what it is. Okay. Alright. Let's move on here to the XRP trial here. And you guys know our XRP section is always brought to you by stake. You know, in my opinion, some of the best bread that exists is a golden crown. Golden crown has got these rolls there. Now, they don't have anything else that's good, but they've got these rolls. They're immaculate. They're so good. They're buttered. They're fantastic. And it really makes every other roll that you've ever had just taste mid. So, BJ, please play the mid roll. Thank you to our sponsor, Stake. Thank you to our sponsor, Stake. Also, thank you to Rare Evo as well. Okay. Why the SEC vs. Ripple trial may never happen. Insights crypto from lawyer Fred Rispoli. Talked to Fred a few times. Good guy. The SEC vs. Ripple Labs lawsuit has been a significant battle in the crypto world. On July 13, Annalisa Torres, the judge, delivered a complex ruling. It wasn't really that complex. Prominent crypto lawyer Fred Rispoli took to microblogging platform X. It's like calling Bitcoin the flagship cryptocurrency. Like, the microblogging platform X. Is that really what we're saying now? Come on. Ryder, I know you get paid for word, but come on. I can do better. Desiria's belief that the trial between the two Ripple Labs executives may never take place. Here's why Rispoli thinks so. Pressure tactics. He argues at Garlinghouse that suing Garlinghouse and Larson was a strategy to pressure Ripple into a weak settlement position agree 100%. Witness challenges. Imagining key SEC figures on the witness stand. Rispoli believes figures such as William Hinman and Jay Clayton could be tied to their roles in the Trump administration, which might not sit well with a New York City jury. Proving reckless. Rispoli questions about how the SEC could prove recklessness regarding institutional sales when the defendants can point to programmatic sales as being acceptable. Weak evidence. Of course, the evidence concerning domestic vs. international sales is considered weak. Reorganization of the SEC's trial team. They've already been making some internal changes to their trial team in this case. Back -to -back trials with the SEC's tight trial schedule may hinder its ability to focus on this case. It's one of these situations where Gary Gensler does not want to let go. He does not want to let go of this. But he's going to in the end see that this is a losing battle for him, and he's got to make the choice to move on. It's a hard decision because it basically means that everything he's been talking about, his entire stint at the SEC, is nullified. And what does that mean? That means that he himself becomes replaceable because he's been in charge forever and he's done nothing. That's the whole point. It's why we need someone to replace him. And the writing is on the wall for him, and he is going to fight until the last second, but at some point, he's going to have to give up the ghost because he's going to start getting pressure from people outside of him. When he starts feeling that pressure, that's when this is going to be over. The lack of bargaining chips. He's just as he has no bargaining chips left if the judge denies the motion for the appeal. So the Interlocutory Appeal, definitely something to watch, something to pay attention to. We had to find out and see, you know, where Judge Suarez rules on that. Alright, guys. Moving on here to Robinhood. And where do we have charts on there at all? Are we going to do charts at all today, BJ? We have it. It's on there, Ben. Did I go by? Where is it? It's after this. Okay. Okay. Perfect. Yeah. Okay. I got it. Okay. Oh, I see it. There it is. It's on my screen. I missed it. Can $1 .9 billion in expiring options shake the markets? You know, guys, we're getting to a place of decision point for the market. We're getting to a decision point. Bitcoin options expiry days come around again. And, guys, the end of Quarter 3 is going to be the end of September. That's going to be a, like I said, a decision point. Where is Bitcoin going to go? Are we going to continue upwards? And are we going to see things slowly ramp up to the halving? Do we need another bloodbath, another dump? Certainly don't see new lows come into play anywhere. But are we going to see a dump down to 20 before we have our resurrection point? It's all very interesting things to think about here. And if you look at traditionally when we were in the bull market, man, the end of those quarters would be absolutely brutal. They would destroy some of the pumps that we had. Now, we're on the backside. Now, we're in the bear market. Will the options within everyone's bearish attitude, will these actually counteract and go the opposite direction and cause a big pump? I certainly think it's possible. We could see that. Now, what does that mean? Well, the pain point for bulls and bears, the middle ground is $28 ,000. So at some point, it's going to either push up above $28 ,000 or it's got to show that $28 ,000 seems to be unachievable in the moment. Right now, with Bitcoin at $26 ,000, of course, it seems achievable. But are we going to dump down lower and make $28 ,000 kind of out of the picture again? We'd have to go below $25 .2K and hold below that. Here's some of the options. You guys can see here what this looks like right now. We are, you know, heading into the 1st of September. This is the 25th of August here on the left side. That, of course, is, yeah, the 25th of August. That's Friday. That's today. That's actually today. Today is, no, no, sorry, today's Thursday, right? No, it's Friday. It's Thursday. It's Friday. It is Friday. I forgot what day it is. We didn't do the show yesterday, so it got really turned off. It is Friday. Today's the day they expire. So, guys, we'll be watching for some interesting action. You know, see, you know, if Bitcoin is going to pumper down based on all this. Right now, it's holding strong. The overall market cap around $1 .1 trillion. So it doesn't seem to have that big of an effect so far. Okay, so let's go and move on to the charts.
WTOP
"third game" Discussed on WTOP
"Red River, technology decisions aren't black and white. Think Red. Here is Frank Hanrahan. Another victory for the Nationals. They are playing gritty gutty and pesky baseball. They kick off series' the first win of the year against Miami 7 -4. Carter Key. Boom. Two run blast. Joyman, two run double. As the Nationals saw Joanna Daone get the start, got the win. Six innings, three strikeouts, allowed just two hits. All nine at starters with a hit. Seven score to run. Impressive game for Davey Martinez. The bats were very good, very consistent today. All in the middle of the field. We hit some balls hard to keep them with a big home run there. We just got to keep working, keep pounding. Like I say every day, our young guys are getting better. We're getting good starting pitches from our young pitchers and I'll back it into the bullpen. If we had them, the ball, they're doing really well. Yes, they are. They'll play again tomorrow. beats Baltimore Colorado 5 -4. With the Rays losing to the Yankees, the Orioles are now three games up. First in the AL East. San Francisco 49ers drafted him to be their franchise quarterback, but Lance's time with the team is over, so says ESPN. Niners agreeing to trade Lance to the Dallas Cowboys in for exchange a fourth -round draft choice. Frank Ayn Rand of UTLP Sports. Okay Frank, and coming up after traffic and weather, what an agreement on Virginia's state budget will mean for taxpayers' wallets. and 10 26. Feeling overlooked by your business bank? Treated like another number in a sea of digits? At Capital Bank, we see beyond the numbers. We see the drive behind each business, while others are pulling back. We're pushing ahead, providing businesses with the loans and lines of credit they need to thrive. Capital Bank, turning ifs and buts into plans and profits. just We're not in your zip code, we're in your corner. Capital Bank MD .com. Number FDIC. The Beltway's best -kept secret on car buying is out, and it's at TwiceTheChoices With just a click, you can experience all that both Alexandria Toyota and Waldorf Toyota have to offer. That means twice the selection, twice the savings, and twice the convenience. TwiceTheChoices calm trade in and trade up plus they'll buy your car even if you don't buy one from them highest vehicle appraisals the in area. For exceptional deals from the Beltway's two Toyota superstores, visit com. Looking for a beautiful and functional upgrade to your home this summer? Three Day Blinds has you covered. At Three Day Blinds, our free in -home design consultation makes it easy. A Three Day Blinds design expert will help you find the window treatment solution that works best for your home's needs and style. We bring the showroom to you with loads of samples giving you an idea of how different fabrics look in your home. Your designer also provides expert measurements and helps coordinate installation.
WTOP
"third game" Discussed on WTOP
"Earth on Saturday. Former Nats fielder and Trey Turner with a pair of home runs against his old team. That happened in the top of the eighth inning. That was off reliever of Corey Abbott. The Phillies out hit the Nats 16 to 9 routed the Nats 12 to 3 after the game manager Dave Martinez on limited pitching availability. The other guys, they needed a day. So the good news is that tomorrow these guys should be available to pitch and we got a chance to win a series. So the Nats have their three game winning streak snap. The final game of this series coming up Sunday evening in Williamsport. That'll be the little league classic game and that'll get underway at 7 o 'clock. Over to golf at the FedEx Cup playoffs that are just south of Chicago with Olympia Fields. The BMW Championship and after three rounds of play at Scottie Scheffler and Matt Fitzpatrick that are tied atop the leaderboard at 11 under par. Brian Harmon just one shot back with Max Holm at 9 under par. Steve Dressner WTOP Sports. Coming up after traffic and weather an unmanned Russian spacecraft crashes into the moon. It's 726. As experts in creating, designing, and building custom jewelry, my family started Dominion Jewelers over 30 years ago. Hi, I'm Rachelle Barramani and our commitment to quality craftsmanship and exceptional customer service has set the standard in the jewelry industry. One of the secrets to our success has been our marketing partnership with WTOP. Years ago we began working with WTOP to promote our custom jewelry radio through messages and as we grew so did our relationship. Today WTOP has helped expand us our reach through digital marketing, creating our website, and ensuring top placement in Google searches and exposure across social media. If your business can benefit from a marketing partnership that includes digital marketing, social media, and Google premier partner status then go to WTOP .com and search advertising. If you're in the market for custom jewelry that reflects your style schedule an appointment at DominionJewelers .com. We make it beautiful, you make it yours. The following is a paid commercial message. This is Bishop Michael Burbidge of the Catholic Diocese of Arlington. We are taught that the opposite of love is hate, but we could also argue that it is indifference. People choosing to be uncaring to others is one reason our world is filled
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.
Bloomberg Radio New York - Recording Feed
Monitor Show 06:00 08-03-2023 06:00
"With guidance from our experts, you'll grasp the latest trends in the legal industry, helping you achieve better results. For the practice of law, the business of law, the future of law, visit BloombergLaw .com. Futures are pointing to a lower open on this Thursday morning. Up next, we will get even more on Donald Trump's awaited arraignment in Washington and more reaction to Fitch's U .S. credit downgrade in our 6 a .m. news. Hour two of Bloomberg Daybreak starts right now. Games and banking respond to the U .S. credit rating downgrade. And stocks suffer their worst day since April ahead of earnings from Apple and Amazon. Central Park is among the sites being considered for housing migrants in New York. Plus, the U .S. orders non -emergency government employees to leave Niger. I'm Michael Barr. More ahead. I'm John Stashauer. In sports, the Yankees beat Tampa Bay to end their three -game losing streak. The Mets were shut out in Kansas City. That's all straight ahead on Bloomberg Daybreak. On Bloomberg 1130 New York, Bloomberg 99 .1 Washington, D .C., Bloomberg 106 .1 Boston, Bloomberg 960 San Francisco, Sirius XM 119, and around the world on BloombergRadio .com and via the Bloomberg Business App. Good morning. I'm Nathan Hager. And I'm Karen Moscow, U .S. stock index futures lower this morning, S &P futures down two tenths of a percent.
AP News Radio
Beeks escapes bases-loaded jam, Lowe, Siri hit homers as Rays beat Cubs 4-3
"Jose ciri and Brandon Lao each had two run homers as the raised defeated the cubs four to three Laos round tripper helped Tampa Bay avoid a sweep. It's hard to take any win for granted. Honestly, at this point, everyone's big win and coming off to lackluster games. It's a huge step in the right directions for us to go into this off day. The rays manages 5 runs in the three game set, but on this day they got the big hits when needed and their bullpen had three scoreless innings. David Schuster, Chicago.
AP News Radio
White's putback as time expires lifts Celtics past Heat, forces Game 7 in East finals
"The Celtics had become just a 14 team in NBA history to force a game 7 after being down three games to none. Derrick white scored on a putback with one tenth of a second left to give Boston a one O four one O three went over the heat in game 6, tying the series at three games each. White says after he inbounded the ball to Marcus smart on the Celtics final possession, he was left unguarded. Smart flash hit him and there really was nobody on me. So I just faced to the corner and then when he shot it, just try to crash, ball came to me. I made a shot. The Celtics will try to become the first NBA team to win a series after being down three games to none when they host game 7 Monday night. I'm Mike Hempen
Bloomberg Radio New York
"third game" Discussed on Bloomberg Radio New York
"In NBA history have trailed three games and on nobody has ever won game 7. This is the first time it'll be at home though on Monday, Jayson Tatum with 31 for the Celtics. On the ice, Vegas led Dallas regains the non haven't been able to put him away stars back to back wins, including four to two in sin city and on the pitch NYC loses three to one to Philly with your Bloomberg sports update. I'm rob busker. This is a Bloomberg money minute. It's a cat and mouse game that's been going on for as long as we've had computers for every advance and security, hackers have found a way to thwart it. Bloomberg reporter Jordan Robertson says even the current gold standard EDR or endpoint detection and response software is vulnerable. Some of the best protections that money can buy. Hackers are getting clever and figuring out ways around it. Robertson says even the best cybersecurity systems have weak links that hackers can exploit. These are computers that are complicated pieces of technology. There are software that has to talk to other software in those interactions. That's where hackers find bugs. And the weakest leak of all is still people. To do our jobs, you have to click on things. You have to open up attachments. So as long as that is the way that business is conducted, you're always going to have the opportunity for hackers to slip something through. The market for new security technologies grew 27% last year topping 8 and a half $1 billion, according to researchers at IDC, Larry kofsky, Bloomberg radio. Welcome to Bloomberg opinion. I'm Amy Morris. This week we look at the
AP News Radio
Kiner-Falefa's 10th-inning single helps Yankees overcome Tatis HR in 3-2 win over Padres
"An RBI single for Isaiah kinder falafel in the tenth inning puts the Yankees past the Padres and walk off fashion by the final score of three to two. Feels good. Yeah, it's as loud, so it was like, I felt like a little kid out there running around, so it was a dream come true and it was fun. DJ le mayhew provided the other yanks scoring on the day with a first sitting RBI double and a solo Homer to tie the game in the 7th. The Padres offense is highlighted by a fourth inning Fernando Tatís Jr. solo shot. Pitcher Luis severino did not factor into the decision, but allowed just two runs on one hit in 6 and two third frames for the Yankees who snapped the three game losing streak. Mike Moriarty, New York
WTOP
"third game" Discussed on WTOP
"I'm John doman. I'm guillory Howard. Thanks for being with us. And you know what that means. Let's do it together. What's the latest on these brackets, man? Men's first round VCU falls to saint Mary's 63 51 three games in progress pit leads high with state 36 26 in the second half crate leading NC state 34 to 27 first half Yukon has taken a 27 23 lead over iona early winners, marquette Baylor Xavier and Michigan state, women's first run Maryland rouge holy cross 93 61 terps player Arizona Sunday, Virginia tech host chat nougat tip off this hour. Bonus bracket updates on WTO P twice an hour while games are in progress, Dave Preston, WTO sports. Alrighty, thank you, David's 5 16. Buying a home is incredibly expensive in this country and more Americans find themselves unable to afford one here, but more able to afford one in the south of Europe. They are owning property, taking advantage of special visas and tax shelters too. Ronda kaysen covers real estate for The New York Times and she joined us a little earlier to discuss that situation and why many Europeans are getting pretty upset about it. Americans are heading to southern Europe, specifically because the cost of living there is substantially lower than what they find here. So they have been flocking to Lisbon and Portugal to Spain from the Costa brava all the way south to Andalusia. And some of them are even going to as far as Athens and Greece. And why are those who might be native to those countries starting to get a little resentful of it all? Well, what's cheap for Americans is brutally expensive for the locals. Southern Europeans are substantially less money than Americans. Their salaries are much lower and their housing costs have been spiraling. So housing prices are up and so it rents dramatically and they're facing evictions if they're renting and 90% of young Europeans live at home with their parents. Well, I've got to tell you, I was just in Portugal. I know there are a ton of expats on that southern coast. What is the government doing there in response to this? Well, there's two things happening on one hand, the governments are really luring people. They have all sorts of new visas like digital nomad visas. There's also a golden Visa that's still available in Spain and Greece where if you spend a certain amount of money in cash, about €500,000, you can get residency, but Portugal recently just responded to that. They've ended the golden Visa, which is a real shock, and they're enacting a lot of policies to try to bring down housing costs. But some of these other visas are still there. And there's a big tax shelter for foreigners. That as Rhonda Casey who covers real estate for The New York Times. Time? 5 18, traffic
WTOP
"third game" Discussed on WTOP
"Sports at 25 and 55 powered by maximus, moving people and technology forward to Frank hoops handrahan. Lot of hoops going on, we start with the wizards losing it overtime to Toronto one 11 one O four wizards manages four points and overtime shooting one of 9 from the field to line right 18.6 steals in the loss for the wizards who fall to three games under 500. Capital score 8 goals speed San Jose 8 to three were down to zip, scored three goals in the third period than 5. In the final stanza ovie scoring twice Smith, Craig Smith, two goals to the caps mat Irwin also a goal for the capitals as they poured it on and beat the sharks on the road for the capital's 8 to three. D.C. United right now, trails at Columbus two zip that's early in the second half college hoops winners, GW, Virginia, George Mason, George GW rather was a loser to VCU, Virginia was a winner, so it was George Mason, Virginia tech, also getting a win over Florida state. Duke beat North Carolina 62 57, Marilyn women fall to Iowa 89 84 Big Ten semifinals. Frank Andrew had WTO sports. Coming up on WTO, National Guard helping connect snowbound residents with resources in California after winter storms blamed for the deaths of 12 in 5 states. It's 8 56. This message is for Sean and my mom who just finished her high school diploma. I wanted to say I'm so proud of you for finishing school. You'll tell me it's never too late to achieve your dreams. I hope to make you as proud as you have made me. When you graduate, they graduate. Finish your high school diploma for you and for them. Visit your diploma dot org to find free and
Bloomberg Radio New York
"third game" Discussed on Bloomberg Radio New York
"Jim Forbes. Now this Bloomberg sports update, the Yankees have hit a bit of a rough patch on their schedule as they lose for the 5th time in 6 games falling to the Red Sox 5 to four in 11 innings of Yankee Stadium in the first of a three game weekend series. The deciding run for the Red Sox in the 11th was scored when Xander bogarts scampered home from third in the wild pitch by Yankee reliever Michael king takes the loss he's now 6 and two, the Yankees forced extra innings when glaber Torres scored on a throwing error by Red Sox reliever Tanner, who did get the win in his now 5 and three. John Carlos Stanton connected for a three run Homer in the third is 24th of the season for the Yankees. Christian basque is Rafael Devers and Bobby dalbeck all homered for the Red Sox. Lynette's on the Chicago Cubs postponed by rain in Chicago on Friday afternoon. The game will be made up as part of a day night double header later today. The first game will start a two 20 p.m., the second game at 8 p.m. Taiwan walker will pitch against former met Marcus stroman in the first game and the night contest will feature Max Scherzer against drew smiley. Dodger dogs will be served during next week's All-Star Game in Los Angeles, has concession workers are agreeing to stay on the job. Their union was threatening to strike as the big baseball game approached, now the union says substantial progress as being made in negotiations with the company that provides food and drink at Dodger Stadium. Well after two rounds of play at the open at saint Andrews, Scotland, Cameron Smith is atop the leaderboard at 13 under par, followed by Cameron young at 11 under and Rory McIlroy and Victor hovland at ten under. Tiger Woods at 9 over par did not make the cut, he was seen on video walking the 18 fairway receiving a thunderous applause from the crowd as he wiped tears from his eyes, would set he does not know if he'll be physically able to play another open championship at the legendary course of saint Andrews. But the Bloomberg sports update, I'm Tom Rogers
Bloomberg Radio New York
"third game" Discussed on Bloomberg Radio New York
"Safety seats. I'm Brian shook. Now this Bloomberg sports update, the Yankees have had a bit of a rough patch in their schedule as they lose for the 5th time in 6 games falling to the Red Sox 5 to four in 11 innings of Yankee Stadium in the first of a three game weekend series. The deciding run for the Red Sox in the 11th was scored when Xander bogarts scampered home from third in a wild pitch by Yankee reliever Michael king king takes the loss he's now 6 and two, the Yankees forced extra innings when glaber Torres scored on a throwing error by Red Sox reliever Tanner hulk, who did get the win in his now 5 and three. John Carlos Stanton connected for a three run Homer in the third is 24th of the season for the Yankees. Christian basque is Rafael Devers and Bobby dalbeck all homered for the Red Sox. Lunettes on the Chicago Cubs postponed by rain in Chicago on Friday afternoon. The game will be made up as part of a day night double header later today. The first game will start a two 20 p.m., the second game at 8 p.m. Taiwan walker will pitch against former met Marcus stroman in the first game and the night contest will feature Max Scherzer against drew smiley. Dodge your dogs will be served during next week's All-Star Game in Los Angeles, has concession workers are agreeing to stay on the job. Their union was threatening to strike as the big baseball game approached. Now the union says substantial progress as being made in negotiations with the company that provides food and drink a Dodger Stadium. Well after two rounds of play at the open at saint Andrews, Scotland, Cameron Smith is atop the leaderboard at 13 under par, followed by Cameron young at 11 under and Rory McIlroy and Victor hovland at ten under. Tiger Woods at 9 over par did not make the cut, he was seen on video walking the 18 fairway receiving a thunderous applause from the crowd as he wiped tears from his eyes, would said he does not know if he'll be physically able to play another open championship at the legendary course of saint Andrews, but the Bloomberg sports update, I'm Tom Rogers. This
Bloomberg Radio New York
"third game" Discussed on Bloomberg Radio New York
"New contract offer of 200,000 pounds per week The 29 year old has become a top summer target of Real Madrid's The source is bleeding a deal will get done to send rudiger to the Santiago Bernabeu Liverpool remaining one point back of Manchester City for the top spot in the Premier League table after two no win at Anfield over Everton Elsa Christian Pulisic scores in the 90th minute to lead Chelsea to one zero win over West Ham to open up a 5 point lead of arsenal for third place in the Premier League table In La Liga Barcelona loses its third straight home match in the same season for the first time in history with a one mill shock defeat to Rio villa kanno In Syria A.C. Milan takes over the top spot in the league table with a two to one win at Lazio as sandro tonali scores a winner two minutes into stoppage time In the NBA playoffs and Milwaukee Bucks take a three games to one series lead with a one 19 to 95 win over the Chicago Bulls while the Golden State Warriors can't close out the Denver Nuggets in game four losing one 26 to one 21 to set up a game 5 Meanwhile the man you heater at the Atlanta Hawks for the two games to one series lead while the New Orleans pelicans are hosting the Phoenix Suns down two games to one Finally Brooklyn Nets guard Ben Simmons will not make his debut with the team in Monday's crucial game for against the Boston Celtics as originally planned after waking up this morning with more back soreness I'm Dan schwarzman that your Bloomberg world sports op aide Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business out and at Bloomberg quick tape This is a Bloomberg business flash Chris cas very much under pressure in Monday morning trading in the Asia Pacific We're seeing all the markets trade to the downside this morning on markets boosting their longer term inflation expectations The expectations are for a very aggressive fed going forward And investors are also concerned about further lockdowns in China We had residents in a Beijing neighborhood told to submit three days of virus testing starting today and just raises concerns of more areas like Shanghai to be shut down We had this one out just a few moments ago from CICC that total stuck assets in positioning by China's mutual funds declined in the first quarter ending 12 consecutive quarters of increases equity assets among all mutual fund products dropped to 6 trillion yawn from ¥7 trillion We had iron ore slumping at the open in Singapore falling as much as 12% again concerns about the Chinese economy leading that We had some positive news at least for European assets when French president Emmanuel Macron won the French election that was seen as positive by investors who had concerned about possibly France distancing itself further from the European Union The Euro gained and is putting on gains for about two tenths of 1% it was up significantly more than that earlier The Bloomberg dollar spot index is essentially flat All right the yield on the ten year treasury 2.86% WTI crude 99 58 a barrel And that is a Bloomberg business flash Headline news with that Baxter in San Francisco All right Brian thank you Australia's warning the Solomon Islands to be really careful in its security pack with.
Bloomberg Radio New York
"third game" Discussed on Bloomberg Radio New York
"School I'm Brad Siegel Now this Bloomberg sports update at Madison Square Garden Villanova hangs on in the final seconds to beat Yukon and the big east semifinals 63 to 60 in the other semifinal contest and was creating over Providence 85 58 Rutgers eliminated from the Big Ten tournament after an 84 74 loss to Iowa in the Atlantic ten semifinals Davidson over fordham 74 56 and in the Mac mammoth will take on Saint Peter's university in the championship game Monmouth defeated writer 72 68 Saint Peter's over quibi 64 to 52 and at UBS arena the islander escaped past the Winnipeg jets 5 to two for their third win in four games Josh Bailey had two golds in the game while Brock Nelson scored his 23rd of the season on the power play while adding an assist After getting the hat trick and Thursday nights shut out win over Columbus Anders Lee reached the 20 goal mark with a second period tally semi and varlamov stopped 27 shots to get the victory Kyle Connor and Blake Wheeler the Winnipeg gold scorers Connor now with 36 The islanders next game home Sunday Night against Anaheim But Alexander three game winning streak snapped by the Memphis Grizzlies one 18 one 14 the notes began the fourth quarter with a 9 point lead but saw it evaporate as the grizzlies outscored the next in the fourth quarter Bertie one 18 Julius Randle led the next with 36 points 12 rebounds and 6 assists while Jay morant lend the grizzlies with 37 The Knicks play the nets on Sunday afternoon Baseball news old star left hander Carlos rodon in the San Francisco Giants and agreement on a two year $44 million deal and Clayton Kershaw reportedly returning to the Dodgers on a one year deal Engulf play with suspended again because of heavy rain at the player's championship golf tournament play will not resume until at least 11 later this morning NFL news the eagles and Jason Kelsey have agreed to a new $14 million contract making him the highest paid center in the league With a Bloomberg sports update I'm telling Rogers This is masters in business with Barry riddles on Bloomberg radio My extra special guest this week is Michelle sites She is the chairman and chief executive officer of Russell investments The firm manages over $331 billion with an additional 2.8 trillion under advisement they trade over $2.6 trillion in equities a year They are the 6th largest manager in the world half of their revenues comes from outside of the United States Michelle cites is a member of all the usual lists most powerful women in finance the power 100 most influential women in U.S. finance Michelle sites welcome to Bloomberg Barry thank you very much for having me My pleasure So let me jump to my first question So you spent about 21 years at William Blair tell us a little bit about how you got into the finance industry Sure sure Well going back I decided early on that it was what I wanted to do So before I applied to colleges I decided that I wanted to go into business And that was a cumulative impact of several things like many people in life influenced by my parents first my father was very influential in my formative years but especially as it revolved around business and dealing with people He was a second generation entrepreneur And from the age of 12 I worked by his side after school on the weekends During summer and he really was quite impactful And how I decided to pursue a degree in which college to go to On the flip side my mother was very influential And I would say more from the standpoint of the impact I wanted to have and kind of I guess I would say control for financial stability She worked very hard but it was a long and difficult path for her My parents divorced when I was young And so I just I saw firsthand the need to leverage people's hard work and drive them toward financial security And so I wanted to master money I guess is the best the best way to phrase it So I read all those money master books by I think it was John train Buffett shareholder letters et cetera but I was just fascinated with the miracle of compound interest and the like and that's when I decided that investing was what I wanted to do So that set me on my trajectory early on and before I even set off for college So the first I don't know if I should call it half but certainly the first part of your career you're on the asset management side you eventually rise to the leadership of William Blair and now you serve as CEO of Russell investments how did managing assets and being part of a larger corporate entity help prepare you for your present leadership role That's a really good question especially the way you phrase it Not many people ask me about the similarities or the leverage From being an investor to being a leader So that's a poignant question because I think there are strong similarities First of all I would say that just what energizes me aligns to the role both the investing role as well as the leadership role And so I would say that solving solving problems energizes me trying to figure out what the root cause problems are and making sure that there's a level of human connection that makes the work meaningful Inspires me And so I think that just as a touchstone that's been critically important both to being able to be a lifelong learner as an investor but also as a leader in a people and knowledge worker industry The second the second thing I would say is that as a p.m. as an investor where I was most additive to my peer discussions I do believe investing as a team sport and you make each other better by coming at problem solving and deposit with investing with different perspectives And mine was that I was a very structured and strategic thinker I could do the analyst role and the modeling role but it didn't excite me as much As digging into the problem that a company was solving for and how was it creating a durable sustainable franchise that was frankly some large way additive to society and filling a societal need And so that was really what I enjoyed And it aligns very much with being a CEO as well And so I think that part was very important I think also just being data driven and your decision making but being very understanding of how important people and teams are whether they be management teams for the companies that you're investing in or the culture of an organization or the ability to execute on a strategic plan all has to be with a very strong people component and a desire and understanding of the import of human connection And I think that as an investor as well as a leader I've hopefully been able to marry those two in a very real way Really quite interesting Coming up we continue our conversation.
KNBR The Sports Leader
"third game" Discussed on KNBR The Sports Leader
"The way, was looking it up. Bill Wyman left years ago. He was 84. Make a 78 Keith is 77 Ronnie Wood is 74. So that's in Charlie once was the eighties. So Charlie was the old urged. Yeah. Yeah, it was always wondered for a while, man. Yep. That's what's going on there. Sports wise the Giants take on the Mets today as they I guess we can call this down the stretch, right? Are we calling this? What's down the stretch? I normally waits of September would wait one more week. One more week 24th of August today, but Important games Nonetheless, you got the Mets going on four o'clock for the start. Oh, yeah. Are you in your down there in the studio right back at NBC. You gotta go. Uh, we got four o'clock. First pitch is always so I'm on TV at 3 30. Then it rolls to Atlanta. So they haven't They haven't been to New York in a couple of years in the Giants, Er, obviously, with Willie Mays and And the New York Giants and then may is getting traded The match. There's great commonality between the two franchises. I just saw him last week, won the first two and then lost the third one when they are the one Nothing lead onto the ninth and Jake He hits polar bear, Conforto sneaks one through, They end up tying the game in a sac fly and then Kevin Pillar hits a bomb. Um so But they're they're reeling. I played nothing but Giants and Dodgers consecutively. They did get the final game at Dodger Stadium on Sunday. They do have Javier Baez back. He had a big hit double in the first inning. And there, there were some rumblings that the shortstop may come back any day. Francisco Lindor or So they could have a whole new infield by us is back in Linda or is back at any moment, so that'll change the complexion of things. Yeah, so three against the Mets, three against the Braves, and we get into the down the stretch, which is September You got the burgers, starting that you have the Dodgers at home, and then you look at the Rockies as a fan. And you say to yourself Well, the Rockies they're no good. They're good at home. They're not good on the road. So you've got these two series teams battling out the Brewers are really good. And then you got the Dodgers. Sure you're battling with And then you got the Rockies were really good at home before you get the Cubs, who stay at the rack is twice right, And that's the top twice in September, right? And then you get the Padre seven times in September. So, man, there's a lot of I actually think it's 10. It's 10 against San Diego through and then 3 10 of the last 19 7 in September three in October, right so account in October, John Sure, absolutely. October 12 and three of the big ones and then you roll right into whatever you have to do that next week. Whether you play a wild card game on Wednesday or Start the division series on Friday. So Obviously, it's the Dodgers in those three games, they're going to be absolutely positively humongous. So it sounds like Johnny Cueto is going to come back and pitch tomorrow. Sammy long today. And then we'll see what Johnny has. The interesting thing with Johnny is no rehab assignment again. We already saw this on Mother's day, and it didn't go well again. San Diego They bombed him, so I don't know they you know they Early in the year when you didn't have the minor leagues fully up, and they just weren't sending guys out on minor league rehab assignments. Mike Stransky, a couple of times came back and really struggle did not look like he was ready. And then when they had the infield, come back. They waited a long time, Stella, you know, injured thumb, so he kind of went back on it, but he had. I think, 12 or pardon me 20 at bats. Not even plate appearances, just a bee's belt at 12. Longo was down there first stretch of time and along God, I don't know if he's going to be reactivated after getting the booster and the change a the other day. I really haven't had long go and and Brian simultaneously in the line up just a little bit. Just the one time when Longo came back, and then he got hit by a pitch. So the point is, they They were rushing guys back a little bit. You Stransky in particular, and they were being effective at the major league level, and they don't have any rehab assignments. But they when they had lost Ella come back when they had bell come back. Lost. Ella was good right away. Belt was great. Right away into that epic come from behind win against Arizona on the road and Then the Milwaukee series where he had 54 bombs and three games. One off the bench is a pinch hitter, and then long go came back. I thought he was a little bit having a problem with his timing because of his leg lift, but He had a game where you went three for three at a bomb. Made a beautiful swing in a home run against the Mets. He's such a, uh what a great hanzee hitter he is. We don't talk about right handed hitters have a beautiful swings. Evan Longoria has a beautiful Right handed swing. But then he got hit by a pitch the next day, so we'll see if he comes back. But They were not sending guys down to rehab assignments. They were just doing it off the machines. And for Johnny, He could go to Triple A and do it. So I, you know, interesting to see Just how sharp He will be John because he did not go off on a rehab assignment. Yeah, they got long going on tonight. Uh, Tyler McGill. Which child? Thank you for thank you for referencing. That was good. We just saw him list. I think he was really. He was good. Yeah, so he's good and then got Cueto coming off the off the injury and then Taiwan. Walker, who had a great first half and actually made the All Star team has not been good in the second half, and then would versus Carrasco. Prosecutors to be great with Cleveland, but he's just been fighting said a bad year Walker two starts ago shoved against the early Dodgers. Yeah, really well against them, so it'll be fun just for the Giants to go back to New York. Assume we'll have that group from Finnerty's The Sports bar. You know, they shut it down, huh? All they did. Is that that close forever? They shall I thought. Oh, maybe. Well, you know what? They'll still have a good group. I'm sure. Yeah, I'm sure there's no doubt and just the Giants going back to New York has always Always festive. Yeah. All right. That's the story on baseball. Dalton Johnson is going to join us at 11 o'clock from NBC Sports where we'll get more into the Giants. And look at this preview. Plus the rest of the way. The Dodgers and the Giants. How are you feeling? As we're about a week from officially calling it down the stretch, But it is close. So how you feeling about the Giants and the Dodgers in the battle for the NL West will do that at about 11 o'clock. Steve Young had something interesting.
ESPN Chicago 1000 - WMVP
"third game" Discussed on ESPN Chicago 1000 - WMVP
"For Kyrie Irving. He's got 37. Let's take a five point lead the ranch get up top under two minutes to go. Cady, rising in a three headed starred Kevin Durant puts the Nets up by 10 minutes 52 to go only one thing. And what the calls Nets had a lead in the closing seconds of this one as well and they close it out. It's a four point win. 1 24 1 20 over the Clippers Nets seven and two now against teams with a winning record this season, that's the best in the NBA. They shot 57% over the last three games, their best in any three game span since the mid eighties. James Harden, 23 points, 11 rebounds 14 assists He's the first player with four triple doubles for a team that he didn't Begin the season with Just come into this team honestly lead the league in scoring last few years. You know, not many players come. Just try to switch up their entire game. Focus on Other things. Not many players can, but just me. I know the roster. I know we have on his team and scoring isn't everything you know. So I tried to impact the game. In other ways. I tried you. Get my shoes involved, You know, obviously Kevin and kind of get them. You know easier looks when they can. You know what? When? When? Get our bigs easy touches around the room. It's not about questioning is not about stash me. It's about getting a win. And, you know, I think since I've been here, I'm trying to do whatever it takes in order for us to have a win, and that's all that matters are not the night to get the win in this one. Kyrie Irving with a season high 39 point shooting 65% from the floor. What a fantastic game and you came out from the start Locked in. Focus, efficient. Just talk about your mind set on the offensive end tonight in this game. Well, it was gonna be a tailor to have we knew that they were gonna come out aggressive. They got two wonderful players over there with a great collection of guys. And, you know, we know that they're in contention for you know, mean us down the line, So we want to come out and make an impression. I feel like we did that. It was a total team effort. You know, That's what's gonna take every single night. We got to get our defense in order last few games. We've been giving up a lot of points, so we want to buckle down on their on defense. Advantages continued, well ourselves. The winds Great job. Congratulations, man. And a great defensive effort from you guys. And good luck the rest of the way now. Thanks. Thanks. Can appreciate the brotherhood You already know, baby by rearing with TNT. He scored 39 The Wind. James Harden had 23 Kevin Durant 28 points. In the victory. Kawai Leonard 33 points in the loss for the Clippers. SportsCenter all night. ESPN Radio Celtics continuing to have some success against the Warriors, Camba Labs and headed Jalen Attacks right in the middle and throws down a violent right hand slam.
KNBR The Sports Leader
"third game" Discussed on KNBR The Sports Leader
"Took him right to the rim and found on length or two at his hands up, but the body got him and found number three on the grad student Langford and you're not even mad about that. If your coaches again they're just being much more physical. Their body ng up on drivers first half they just gave ground and got dumped on. So justice suing to the free throw line. It's amazing to say this. He never played against the Big 10 team at Cal. He transferred to Ohio State, and now he's in the throes of it is the free throw is good for a 13 point, Buck. I lied. I think he's the most dangerous player. In the league in terms of a three game tournament. Really? Yeah. I just think this kid is a terrific basketball player. Great hands offensively can rebound it composed. It can shoot. It can drive it three games. I could see him going for about 23 a night. Lefty shot was good for suing. It's a 14 point lead his lawyer Mans the controls now for Michigan State. He got overrun, mishandled the ball and now got it away into the post. It goes in and overplay found on towns who was draped on the back of Hauser's So Seth, towns of former Ivy League player of the year whistled for the foul. That is his first I like the fact that they have they being Michigan State have decided we are going to throw it onto the block toe Hauser. If they throw it to being him, it's gonna be on a roll situation. Straight block houses, particularly left side, inbound, wrapped around through lawyer now to Henry, who carves into the lane and he was fouled. Suing was on his hip and a whistle against Ohio State in the game. It's now a scene 32 turned 33 personal fouls. Well, there's another one man would hit. He drive hard. Henry, he cut drove hard, got a little touch file and just couldn't get it into the basket for three. First one is no good, rimmed out. Hate today's broadcast of N C. A. A basketball on Westwood. One is intended solely for the private, noncommercial use of our audience. Any reproduction, retransmission or other used to this broadcast without the express written consent of Lear Field, I am D. College and Westwood one. Is strictly pro Hinted it free Throw good leaders 13 for Ohio State with 11 30 to go instead of three. You get one out of not afraid that Tom Izzo can take right now considering his team trailing by 13. Here's young, extending his hand real the ball into the left wing, and now he shoves it up top. Pursuing trying to drive on Langford probes into the lane spins pirouettes again. Fires and scores. Oh, nasty telling you let him in the lane. He's gonna get a bucket. Thanks for Let him in 54 39 your lead for Ohio State between the rings. Bingham off to Hauser's straight on three years. No good and a foul called Ah, whistle came is the shot went up. Wait. Now, let's see who it was on. Was it on the rebounding action, The players air talking it over and I believe it was on the rebound and they're going to give free throws to Henry is Ohio State is in the bonus, so Henry will go to the line. It was not on the shot by houses. I'll tell you what big 10 officials must Be hired and paid by the call. Yeah, but not every game. Those to me. It's not every game. It's it's certain games in certain cruise. Third Fallon suing I think some games they let him play. I've seen enough of those first free throw is good. You're looking at me like I got four heads. First free throw my glasses on this little blurry, but I'm telling you, it's okay. Nothing is every Most It's different like I don't know what's ahead of officials say Hey, call bunch of files. I really don't because that happens. No, it's true because they call it tighter than most 54 41 or fight and the rebound for Ohio State on a missed shot. Young had his second chance tonight. It's pinball in the air and taken down on a jump pilot Del for the Buckeyes in the lane. His mid range jumper is good. He sprang in the air and knocked it down for a 15 point lead. You're right about that. He jumped the size. He had two in that time he had Jump really high Michigan state cycles and around the edge in some danger. Now, lawyers shut back near the midline by pressure past whipped into the corner. It's Langford on a driving a spin off his 1 80. His shot is no good rebound Corral download by Marvel. His shot on the doorstep was no good and the rebound is out of bounds. And it goes off of Michigan State to the Buckeyes for two layups. Right there on the Langford slipped a little bit. He still got a good look. And then marble hustling got to the backboard point blank. Ms. I mean, he was writing. Yes, and there was nobody jumping with him..
KCRW
"third game" Discussed on KCRW
"What? Oh, what can we expect? Hey, in defense of the great Morgan Freeman. He's 83 Scott. Those guys together are 85. So he's just a spring chicken compared to them, Um, S O this playoff gave this playoff game tomorrow will be the third time The teams have played this season. New Orleans when the first two, it is said in many circles, it's hard to beat a team three times in the season. But statistics say it's not so hard. There have been 21 previous times when a team came into the playoffs with a chance for three games sweeping oven opponent 14 of those 21 times the sweep happen. I think New Orleans conduce with their defense is very good. The Saints have a lot of offensive weapons. Brady's great but I'm going with the world lines. Um Bill Belichick declined. President Trump's awarded the presidential Medal of Freedom this week. I must note in sports. It says something about our times when you can't give away a presidential medal of freedom. What do you read into Coach Bela Checks decision. He made a statement declining because of the attack on the capital. It was the strong statement. But, according to pro football talk his team to do England Patriots were very involved in the decision as a way to preserve their reputation and his And to avoid fan complaints, media critiques or even free agents who might not want to sign with the Patriots. Had he accepted that award for NPR sports correspondent Tom Goldman. Thanks so much for being.
WFAN Sports Radio_FM
"third game" Discussed on WFAN Sports Radio_FM
"Three games on the schedule today. The second game of the day is underway in Seattle. The Seahawks hosting the Rams in the NFC playoff opener, and backup John Wolfe for started in place of Jared Goff was knocked out of the game in the first with a neck injury. He's questionable to return, so golf is and despite the broken thumb right now, they're playing in the second quarter. About 11 minutes to go in this first half and L a lead Seattle three Nothing on a 40 yard field goal from that. Gae In the first earlier, the Bills advance to the divisional round with their first playoff win in 25 years, they knocked off the Colts in Orchard Park, 27 24. Josh Allen threw for 3 24 yards with two touchdown passes. Also rushed for another score is those defense held off a late surge from Indianapolis. Then tonight, Tom Brady will make his first playoff appearance with Tampa when the Buccaneers visit Washington Bucks wide receiver Mike Evans was listed as a game time decision but is expected to play despite the left knee injury. Backup quarterback Taylor Hi, Nikki will start place of Alex Smith, who is officially apt. With the lingering CAF issues kick off his separate just around 8 15 eastern. Elsewhere today, Bears wide receiver Donald Mooney was ruled out for tomorrow's wild card game against the Saints with an ankle injury. The Saints activated running back Alvin Kamara from the covert list today. Over. Washington quarterback Dwayne Haskins will reportedly visit the Panthers Monday. Haskins released after a week 16 loss to Carolina and for breaking covert protocol the week before. Former Ohio State head coach Urban Meyer is reportedly already assembling a coaching staff after interviewing for Jacksonville's head coaching job yesterday. Alliance requested permission to speak with Buck's defensive coordinator Todd Bowles for their big and head coaching slot MBA today saw the Nuggets beat. The Sixers won 15 103 and a game that six years head coach Doc Rivers was hoping the MBA would postpone is the Sixers had just nine available. Seven healthy Jo Ellan Bead set out with back tightness. Celtics forward Jason Tatum was placed in covert quarantine so he'll be out 10 to 14 Days is Boston gets ready to host Miami tomorrow from baseball. The Nats reportedly came to terms with free agent outfielder Kyle Schwarber on a one year deal. Hockey. The Islanders signed star Center Matt Brazil to a one year contract, and Devils goalie Corey Crawford announced his retirement America her squids..
WJR 760
"third game" Discussed on WJR 760
"Especially that coach time is was Michigan State will be hosting for do. We came out with a date in three mark two and three in the Big 10 on a two game winning streak. Boilermakers are 75 for the year two and three in the conference as well, and their last couple of games have been tough sledding for them. Well, what do you put your take on this group? Tom? Let me explain the tough sledding for them because this is gonna happen to Michigan State, and probably a lot of teams in this league produce played at Rutgers at Iowa and at Illinois. I mean, I don't know why the big 10 didn't schedule the Lakers and LeBron James forms. That's the only team they've missed. Sometimes you know, Like I said, we lost its three ranked teams. Sometimes the schedule this year is gonna make things look so much different than they really are. And so they've won their home games. They've lost those three games on the road. I'm not sure many teams could win any of those games on the road. I just looked at Purdue Game Rutgers game right to the wire. Give Illinois a pretty good game. I just know that for 36 years of Judd he Gene Katie and Tom Izzo and Matte painter. They've been wars. They've all been wars. I mean that in the most respectful way because there's still talk to Jean and Matt Nyren committees together, and I know how hard his kids play, and I think it's gonna be a battle. Well, you've only been asked us about 1000 times already between now and this tip off here today. Uh, together youngster Zack E D. He 74 and he's got some basketball skills. How do you deal with a guy like that? Have How do you defend him? Well, if you go with the two guys, one on one each other's shoulders because I don't have anybody that bigger. You can, you know, try to knock him down a little bit, but he is big Well, and he's big and he's long, and he's got big feet long arms and a 74 body and got pretty good hands. It seems like they've done a great job there over the years. What 7 Ft guys, I mean. He's developed some guys that I looked at a high school didn't think there'd be anything and they were and so you know it's infant stages for him, but he's plays more than a couple minutes a game and he's effective and he played 15 minutes a game and you're that size. You gotta deal with it. So we're gonna have to deal with a hopefully we can run him into some ball screens and do some things ourself. But tell you what this kid is long and I mean as long as anybody in the NBA right now. Well, you mentioned that produced tough and then these wars we've had with the Boilermakers over the years. What about their shooting? And they had some great shooters. What about this year? Must Savana bitch. I think his name is Sasha. He's a great shooter. I mean, a great shooter. Easy every bit as good as anybody that been there. But hunter there other guard is a pretty good shooter and You know this? If Sasha is open, you can give it your he got it will be three. He got because he don't miss many got you well, time We've talked about a bunch of things here keys or any final thoughts. I think the keys is the never relax. They run such a motion offense. They're always move you. I just don't think you could ever relax with them. You've got to constantly battle them. You gotta be on your toes. If you're not a step ahead. You're gonna be two steps behind and we gotta still rebound the ball. We gotta run. We got to do what we do. They're gonna do what they do. You know, you're gonna be announcing this game in the ball. Give me but in all the names because it's gonna be moving, and hopefully our ball movement's getting better, too. And but should be a great night that hopefully thousands and thousands of listen to and watch on TV because you know again, we won't have mare but, you know, hopefully if our country grows up a little bit, and we get everything back to normal Center later this year. Maybe we'll get some people. They're so appreciate it and those that were appalled like I was of what went on. I tell you to just hang in there and it's all band together and try to make this a better place. Appreciate time. Good luck tonight. Talk to you after the game. Thanks. Well in the back, you dog. Thanks. Will TCF Bank build strong communities by building strong individuals and businesses see what's in it for we at TCF bank dot com Member F D I C will be back to break.
KOA 850 AM
"third game" Discussed on KOA 850 AM
"Right. It's a sister sledge birthday. I take it Kathy slash was like 14 of them can sled. There's not 14. There's five of them. Whatever Whatever. Hear this song, I think the 1979, Pittsburgh Pirates and pop star Jones. Willy star jumps, right? That's right. I do to remember how the world Series turned out. Well, that was the theme song for the team. I do not remember. That was what 16 79 79, Okay? No. They played the Baltimore Orioles were together. They're behind in the serious three games to two. This is my memory now. Gosh, I hope I'm right with the last two games scheduled to be in Baltimore. They win Game six and Game seven. On the road against the Orioles. Pop star JAL. Yeah, at that point, I didn't want anybody that lived in the city of Pittsburgh to win anything. Oh, that's right. You're already in Cleveland Steelers won the Super Bowl that year as well. Yeah, That was a great run by the team. A great story, But I don't know why this song connected with them, but it did and interesting. Yeah, This was a big That's why this song blew up. One of the reasons that blew up. I like the song. I've always liked it. Yeah, I meet you. Plus, I have two sisters. So then we'd be like, Yeah, That's right. You be the lead singer. You'd be Captain Kathie Lee Sledge. That's right. I'm Kathie Lee Flash. Yeah. Great..
WJR 760
"third game" Discussed on WJR 760
"Three game losing streak. You know, a long time sponsor Michigan said that Galaxies Farm Bureau insurance from your insurance is Michigan's insurance company. Well, you take a look at this thing for Nebraska there now for in seven. On the season, they dropped Owen four in Big Tim play, and they're in a major big time losing streak. The last time they won a game, Matt Was on January 7th 2020. They have now lost 21 straight Big 10 games. The long as a tongue street toughs slut in it For sure. For Fred Hoiberg in his club and doesn't get any easier in this league this year. That's for sure. Well, there's nothing easy in this league. No They want interesting thing about this Nebraska team he breathed, basically retooled it again in his second season here, But the other thing is that you look at some of these players that were predominant players for him in this game have been so far this season. Most of these guys are back, so I think, and he's now signed. He's three for his class coming in a couple true freshman one JC player So I think he's working towards stabilizing the roster in the program. Getting 34 year players just not new guys every year. Yeah, and very few seniors on this roster, so if they come back next year with what he's got coming in, I believe they've got one of the As for top top recruits that they've ever signed here in Nebraska in the history of the program, so you know the future looks like it could be bright for Fred Hoiberg just always need some patients. Anytime you bring in a new coach in a new system in that, that that player that matched talking about his Bryce McGowan's, It's younger brother, Trey. And he's one of what one of the top 10 players in the country exactly has pretty good deal, but it's not a bad deal. So where we're waiting for head coach. Time is own as he's talking this ball club after Michigan State wins this one 84 77 be back about chat in a moment right here on the TCF Bank Spartan Media network. At Farm Bureau insurance. We cover Michigan.