40 Burst results for "Weekend"
Bloomberg Radio New York - Recording Feed
Monitor Show 19:00 09-23-2023 19:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. ...capital management. This is Masters in Business on Bloomberg Radio. I'm Barry Ritholtz. Stay with us. Today's top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. Republican leaders are working through the weekend in hopes of avoiding a government shutdown. House Speaker Kevin McCarthy told reporters today that he's optimistic some sort of a deal will be worked out ahead of the September 30th deadline. The California Republican called it crunch time. McCarthy added that he's willing to accept a stopgap funding bill to keep the government running to allow the House more time to finish the appropriations bills. President Biden is joining the United Auto Workers picket line. Brian Shook reports. Biden tweeted that he was going to Michigan Tuesday to stand in solidarity with the workers as the fight for a fair share of the value they helped create. This comes after UAW President Sean Fain announced earlier this week he would send more workers to the picket lines if substantial progress wasn't made with the big three automakers on a new contract. Union workers say they want a 40 % pay increase, cost of living adjustments, and pensions for all workers. I'm Brian Shook. NFL fans who took part in Thursday night's fight at Levi's Stadium could face a lifetime ban. Video of the violence during the 49ers Giants game showed numerous fans in an all -out brawl in the stands with a man grabbing a woman by the hair and throwing her towards a railing. Police say one person was arrested.
Bloomberg Businessweek
Fresh "Weekend" from Bloomberg Businessweek
"Wardens say they later found and humanely killed the nearly 14 -foot -long alligator. Police are trying to determine whether the gator killed Peckham or found her after she died. What was Tropical Storm Ophelia is now a post -tropical cyclone but continues to dub heavy rain on the east coast. New York City's issued a travel advisory and a coastal flood warnings issued in Atlantic City. Flooding will still be an issue as Jacqueline Carl reports from New York's tri -state area. According to the National Weather Service, New York City is expected to get up to three inches of rain. The New York City Emergency Management Department has issued a travel advisory for the weekend. Coastal areas of Long Island are bracing for high winds and flooding. New Jersey's coastal areas are expecting heavy rain, winds, minor coastal flooding during high tides and strong rip currents. a There's small craft advisory in effect for both New Jersey and Long Island. Forecasters say Ophelia will continue to up move the coast dissipating on Monday. Five people are dead, two critically injured after a train slammed into an SUV last night just east of Tampa, Florida. Police say it happened
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1410: Bitcoin Will Hit $10,000,000 Per Coin - Binance CEO CZ
"In today's show, I'll be breaking down the latest technical analysis. And also I'm going to be sharing with you a 48 ,700 Bitcoin price target, pre halving according to a top analyst. Also did you know it was exactly six years ago today, China tried and failed to ban Bitcoin for the second time and ever since the Bitcoin price action is up 600 % and the mining hash rate is back at all time highs. Also quitting Max Kaiser, Bukele has restored the human rights to 7 million Salvadorians that have been taken away by murderous runts, the British and American state, a 93 % approval rating tells the story of the most popular leader in the world. And now Bukele -nomics is being copied around the world as a blueprint for freedom and justice preach. Also in today's show, Mt. Gox repayments delayed yet again. Creditors are waiting on Bitcoin, Bitcoin cash and Yen payments until next year in 2024. We'll also be discussing, according to this latest report, Coinbase currently holds 5 % of the entire Bitcoin supply in existence. That's right. While Coinbase holds 25 billion in BTC, the exchange only owns around 200 million in Bitcoin and its wallets. We'll also be discussing the catalyst, which will catapult the Bitcoin price action. According to skybridge capitals, Anthony Scaramucci will also be discussing the latest with the Binance CEO CZ setting the record straight on $250 million loan claims. That's right. The US court had recently denied an inspection plea by the SEC. I'll be breaking down this latest FUD and speaking of CZ, the Binance CEO predicts the Bitcoin price will reach $10 million per coin. In fact, a couple of years back in an interview, he said, if all of the major institutions allocate 1 % Bitcoin, we're going to see 1000 X or more growth of the Bitcoin price. And if you run the math, 1000 times today's price action is 26 to $27 million per BTC. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam. This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at crypto news alerts .net. Again, that's crypto news alerts .net and welcome everyone just joining us. This is podcast episode number 1410. I'm your host JV and today is September 23rd, 2023. So welcome to another sat stacking Saturday. Let's kick it off with our market watch as we do here each and every day, seven days a week. We can see Bitcoin back in the green trading above 26 .6 and we also have ether back in the green trading at roughly $1 ,600. The market cap is sitting at 1 .06 trillion with roughly 17 billion in volume. In the past 24 hours, we've got Bitcoin dominance at 49 .1 % and the ether dominance at 18 .2 % as Bitcoin continues outpacing Ethereum and checking out the top 100 crypto gainers of the past 24 hours, we've got theta lead in the pack up 7 % trading just under 64 cents followed by rocket pool up 4 % trading at $21 .63, followed by chain link up 4 % trading at $7 .18 and checking out the top 100 crypto gainers of the past week, we have WeMix leading this pack up 15%. We have PLS up 8 .2 % and XRD up 11, I mean 7 .4 % and checking out the crypto greed and fear index, we're currently rated a 47, which is neutral. Yesterday was a 43 in fear, last week also a 43 and last month a 41 in fear. So there you have it. How many of you have been stacking M -Sats and taking advantage of the recent dip in dollar cost averaging? Let me know. And how many of you are anticipating Bitcoin price action to maybe dip a little further south before packing some new positions? Let me know how you feel with the current status. And also just quick reminder, we're almost at the end of September historically, September is the worst month out of the entire year for the Bitcoin price action, but it's always followed by up tober, which is historically one of the most bullish months for Bitcoin. So we only have another week until we get out of September. So we'll see how this is likely to play out. Let's break down today's Bitcoin technical analysis. Bitcoin failed to reclaim 27 ,000, though we came close. It stalled at 26 ,500 as of right now. Meanwhile, the altcoins are in no better shape with minor losses coming from most of the larger cap ones. With Chainlink, the only one with a notable price increase. So last week was expectedly less volatile, aside from the brief spike on Saturday that pushed Bitcoin then to the multi -day peak of 26 ,400. But after failing to continue upwards, Bitcoin retraced at 26 ,000 and spent the rest of the weekend there. Then Monday didn't start all that positively either, but finished the way. Bitcoin went on the offensive and soared above 27 ,000 for the first time in weeks, but then shortly dumped after. But the bulls kept the pressure on and pushed Bitcoin to a new 20 -day peak at 27 ,500 on Tuesday. The next few days were rather calm with Bitcoin maintaining 27 G's, even after the US Fed's decision to stop raising the interest rates. Yet Bitcoin's momentum disappeared by Friday as it fell to 26 ,400. It even tried to bounce off the end of the day, but failed and currently stands at 26 ,500. Its market cap is south of 520 billion, while its dominance over the alts still just inches shy of 49%. So there you have it. And as we mentioned a little earlier, the altcoins, a lot of them are also in the red with the exception of Chainlink, which seems to be outpacing the rest of the major alts. Now for a prediction from Titan of Crypto, here's what he shared on X. Bitcoin 48 ,700 before the halving rocket ship to the moon. You might want to bookmark this one. Fam, never in history the halving occurred without Bitcoin reaching the 78 .6 % Fibonacci retracement level. So first off, first cycle price reached this four months before the halving, and the second cycle it was two months before, and then on the third cycle it was 12 months before. The next halving is now roughly six months away. Bitcoin might reach the 78 .6 % Fibonacci level within this period as it currently lies at 48 ,700, but the million dollar question remains, will this time be different? So as we enter this fourth halving, let me know where you feel the Bitcoin price action is likely to hit before we have liftoff. I mean, obviously that would be a bullish scenario setting us up for a perfect price discovery in 2024 post halving. So I cannot wait. I hope the analyst is right. And if you didn't know, it was exactly six years ago. China tried and failed to ban Bitcoin for the second time because guess what? You can't ban Bitcoin. You can try. Good luck with that. And ever since the price action on the King Crypto is up 600 % and the mining hash rate continues to hit all time highs. And as you know, hash rate is a good indicator for the strength of the network, meaning the market cap is just north of only $500 billion. And as Max points out here, referring to Bukele, he has restored the human rights of 7 million Salvadorans that have been taken away by murderous runts. The British and American state, a 93 % approval rating tells the story, the most popular leader in the world. And now Bukele Nomics is being copied around the world as a blueprint for freedom and justice. Massive shout out to Najib Bukele and the people of El Salvador. Which country do you feel is likely to adopt Bitcoin as a legal tender next? Let me know your honest thoughts in the comments below. I feel it's going to be another Latin American country. I'd say a great candidate for that is Argentina, which has hundreds of millions of people. We have Javier Malay, the pro presidential candidate. There is a 70 % chance plus that he is elected as the president. And we already know the likelihood he could make Bitcoin a legal tender, especially being orange -pilled by Max Keiser, who is the senior Bitcoin advisor for President Bukele. As Max has already announced, he can't wait to touch down in Buenos Aires to orange pill Javier Malay. Then we also have Mexico. We have people like Ricardo Salinas, the third richest man in Mexico, very pro Bitcoin, claiming Bitcoin has been his best investment ever because, again, Max orange -pilled him back in 2014. Then we have Brazil and so many other countries that make Bitcoin a potential to become legal tender. And we all know that's going to be a game changer. And that's just another catalyst on top of the Bitcoin halving scheduled in six months in 2024, plus the approval of a spot Bitcoin ETF in the United States. So can you say fireworks lays ahead? Let's go. Now let's discuss the latest more bullish news, meaning Mt. Gox is going to be delaying these payments, which means no crypto is going to be dumped onto the open market anytime soon, which again is good for the hodlers. Check it out. Now we got Nobuaki, the Mt. Gox trustee in charge of the funds owed to the exchange creditors, updated the public on September 21st, two days ago, according to the trustee, because of the lengthy discussions with specific payment providers, he could not make the October 31st deadline. That was the initial deadline, fam. And because of this reason, the repayments will start next year. And so they say, quitting him here. Therefore, with the permission of the Tokyo district court, the rehabilitation trustee changed the deadline of the base repayment, the early lump sum repayment and the intermediate repayment from October 31st, 2023 Japan time to October 31st, 2024 Japan time, respectively. By the letter of the Kobashi details, the Mt. Gox creditors waited nine years for payments. Good Lord. Currently, they're owed one hundred and forty one thousand six hundred and eighty six BTC plus one hundred and forty two thousand eight hundred and forty six Bitcoin cash and sixty nine is that billion yen. Good Lord. I'd love to know what that equates to in dollars anyways, though the delay has been extended. The creditors who have completed their claims might receive the payment by year's end, quoting them again. Rehabilitation creditors who have provided the necessary info to the rehabilitation trustee will see the payments made in a sequence as early as the end of this year, according to the letter. However, this schedule could change. Kobashi also said that due to the high volume of inquiries regarding the process, the rehabilitation team might not respond promptly. Well, that doesn't sound so promising, but I guess it's a good sign that most of this cash is not going to be dumped off any time soon, as there's a lot of FUD that's always circulating. The Mt. Gox, you know, sell off is going to crash the entire market. I think that is very unlikely and is nothing more than FUD. And again, we're gearing up for the most bullish sentiment in the four year cyclical cycle amongst us in twenty twenty four. So versus being in fear, I would be very optimistic about what's to come for the king crypto and the crypto market as a whole. But what are your thoughts, fam? Let me know in the comments right down below. Now let's discuss the largest crypto exchange in the United States. Clearly, it is Coinbase. The CEO is Brian Armstrong. But did you know, according to this latest report, they currently control and own over five percent of the Bitcoin in circulation. That's pretty hefty. And let's break this one down. And how many of you have used the Coinbase crypto exchange before? Let me know in the comments below. Here we go. Blockchain intelligence platform ARKAM recently identified the crypto exchange Coinbase holds almost one million Bitcoin in its wallets like, whoa, the coins are worth more than twenty five billion dollars at the current prices. Now, according to ARKAM, the exchanges holdings amount to almost five percent of all the existing Bitcoin. ARKAM said Coinbase holds a total of nine hundred forty seven thousand seven hundred and fifty five BTC. And at the moment, Bitcoin circulating supply is around nineteen million four hundred ninety three thousand five hundred thirty seven, according to coin info on CoinGecko. And as ARKAM shared here on X, ARKAM now identified twenty five billion of Bitcoin's Coinbase reserves with one million, approximately Bitcoin on chain. This makes Coinbase the largest Bitcoin entity in the world on ARKAM, with almost five percent of all the Bitcoin in existence, almost as much as Satoshi Nakamoto. Crazy, right? Furthermore, ARKAM noted that it has tagged and identified thirty six million Bitcoin deposits and holding addresses used by the exchange. And according to ARKAM, Coinbase's largest cold wallet holds around ten thousand BTC. And based on the exchanges financial reports, the intelligence company believes that Coinbase has more Bitcoin than are yet labeled and could not be identified. And while Coinbase holds over twenty five billion worth of Bitcoin in its wallets, the exchange only owns around ten thousand of all the Bitcoin in which it holds, which is roughly two hundred million dollars, according to the recent data. Meanwhile, community members express varying reactions to the news about the amount of Bitcoin on the centralized exchange in which they hold. Some believe it's a sign to withdraw their Bitcoin from the exchanges, warning hodlers not to wait until the exchanges start to halt withdrawals. Others say that since there are legitimate concerns over cold wallets, there is no good way to store your assets. I'd like to chime in real quick. Obviously, if it's not your keys, it's not your coins. So while a custodian such as Coinbase can hold your crypto, you've got to also note that it's not yours. So if something were to happen, hypothetically, like we've seen with FTX and the collapse last year, then not your keys, not your coins, they don't belong to you at the end of the day. So you've got to start to weigh the risk reward with having a custodian such as Coinbase or a centralized exchange hold your coins versus taking the responsibility for yourself and learning how to self custody your own crypto and call storage such as with a Bitcoin cold wallet, such as a treasure. So I just wanted to point that out. There's no right or wrong way to hold your crypto. You've got to do what's in your best interest, of course. So, you know, I mean, just want to keep it real at the end of the day. So check it when it comes to Bitcoin ownership by companies, business intelligence for MicroStrategy still owns most Bitcoin. I believe it's over one hundred and fifty two thousand eight hundred BTC, to be exact, worth over four billion dollars at the time of this recording, making them the largest publicly traded company to have Bitcoin on their balance sheet. Now, another major company that controls over six hundred thousand BTC is Grayscale in their GBTC product, the Grayscale Bitcoin Trust, which they just recently had a lawsuit against the SEC with the plan to convert their trust into a spot Bitcoin ETF. So considering they already control the underlying asset in the sum of over six hundred thousand BTC makes them a pretty strong contender. Wouldn't you agree? Let me know your thoughts, fam. And now let's break down our next story of the day and discuss the Bitcoin price likely to catapult along with the altcoin to coin to SkyBridge Capital, Anthony Scaramucci. Let's break this down. Shout out to the Mooch, SkyBridge Capital founder Scaramucci is detailing how one catalyst could have a bullish impact on Bitcoin, as well as the alt. In an interview with the Wolf of Wall Street, Scott Melker Scaramucci says that a spot Bitcoin ETF could be approved in the first quarter of twenty twenty four, which seems to be a ninety five percent likelihood, according to top ETF analyst at Bloomberg, Eric Balchunes. So according to SkyBridge Capital founder, the approval of the spot Bitcoin ETF and the Bitcoin halving, which is expected to occur in April of twenty twenty four, could combine to ignite a crypto bull market. No, it's not. It could combine. It will combine. Just saying. Quitting him here as Wall Street or products on Wall Street are sold, they are not bought. And so there is going to be tens of thousands, if not one hundred thousand plus people at these Wall Street firms selling these products to their traditional investors. So people that are in Bitcoin understand the finite supply of Bitcoin, right? We all know there's a finite limited supply, 21 million, and they understand the nature and the quality the Bitcoin has. This will push Bitcoin up. Of course, it will have a dramatically positive effect on the altcoin market because it will lead to more capital into digital properties so people can think whatever they want. They can think short term about the near term volatility of Bitcoin. But these macro positive factors are overwhelming. And according to Scaramucci, the potential approval of a spot Bitcoin ETF filed by giant asset managers such as BlackRock, who controls over 10 trillion in assets under management and Fidelity, that controls over four and a half trillion in assets under management, can see Bitcoin increasing its market cap by roughly 24 times from the current level. We'll send it. Let's go quoting the Mooch here. It is important that now the largest asset manager in the world who started out with some level of skepticism related to digital assets and Bitcoin is now willing to adopt Bitcoin. I mean, I guess they mean BlackRock is willing to adopt Bitcoin, but even more important than that, they're willing to explain to their clients. I think BlackRock now has 13 trillion dollars in assets under management. So for them, seven trillion for Fidelity. While these numbers are higher than I even imagine, while their clients need exposure to digital property like Bitcoin. And so we have a five hundred billion dollar plus market for Bitcoin. So you and I know gold is at 12 trillion ish, depending on where it's trading. But yes, 12 trillion. There is no reason why Bitcoin couldn't get gold. So there you have it. And to watch this video interview he did with Scott Melker entitled 37000 Bitcoin. Can it skyrocket 35 percent? Check the show notes below the video in the description. And I think we all could agree it's only a matter of time before Bitcoin returns to price discovery mode, virtually meaning entering new all time highs. My personal prediction is sometime in 2024, considering the two biggest catalysts, which we just covered, the Bitcoin halving and Bitcoin ETF approval, which we know is going to be a given, especially considering the SEC is not going to be able to push it back and push back that deadline any longer because, you know, they just they have been pushing it back now for 10 years while they continue to approve futures ETFs, which can allow them to spoof and manipulate the market, which is all by design. At the end of the day, there's not new under the sun and three things cannot be long hidden. The sun, the moon and the truth. But just saying. Anyways, fam, now let's discuss the ongoing fight against CZ, the finance CEO with this 250 million dollar loan. And then I'll be breaking down his 10 million dollar price prediction and in fact sharing a transcription of him claiming that Bitcoin can thousand X from the current price, which would ultimately mean not 10 million, but we're talking twenty six to twenty seven million dollars per coin. Let's break this down. So here we go. First, with the FUD, the Binance CEO, CZ Shangping Zhao had refuted a recent report alleging that he received the 250 million dollar loan from BAM Management, the company that serves as the holding entity for Binance US. Now, how many of you have used Binance US or Binance before as the exchange? Let me know, fam. The development comes amidst Binance's struggles with plunging trading volume as the world's largest crypto exchange faces mounting lawsuits and increased scrutiny, regulatory which seems to all be by design by the SEC and the regulators. Right. The report published by Decrypt September 19th drew its conclusions from court documents associated with the ongoing lawsuit involving Binance and the United States. SEC, according to the news agency's interpretation, the Binance US legal representatives asserted in the documents that BAM Management US Holdings had issued a quarter billion dollar convertible note to CZ back in December. CZ, however, challenged the accuracy of the report when he tweeted the following. The amount of wrong information is just they got the direction wrong. I loaned 250 million dollars to BAM a while back, not the other way around, and have not taken it back. The Binance CEO clarified that the loan arrangement was, in fact, the opposite of what was reported in the post. The exec explained that he had extended a 250 million dollar loan to BAM Management and asserted that he had not yet received the payment. So there's nothing new under the sun. Just more FUD, it seems like, fam. The legal battle has taken a toll on Binance US, which saw a flurry of employee departures. The US SEC alleged that Binance was not cooperating in the ongoing probe and even claimed that BAM refused to make essential witnesses available for deposition. Concerns were also raised on CEFFU, which happens to be a custody service offered by Binance's international arm, Binance Holdings Ltd. The SEC's filing claimed that the platform appeared to be in violation of a previous agreement designed to prevent the transfer of the assets abroad. And despite the scathing attacks by the financial regulator, Binance scored a small win this week. The SEC's motion to approve an inspection into Binance US was denied by the USDC District Judge, Zia Farokhia. So there you have it. I mean, the ongoing FUD will more than likely continue, as obviously Binance is the largest crypto exchange in the world and regulators seem to have a problem with them and want to go after them for whatever apparent reason. So, like I said, hopefully in the end, you know, truth is revealed and the real story versus all the FUD and, you know, the manipulation of the price action and all the shenanigans we continue to witness in the market. And with that being shared, now let's dive into the Binance CEO, CZ and his 10 million dollar price prediction, as well as him predicting that Bitcoin price action could even a thousand X from here, sending the Bitcoin price parabolic to 26 or even 27 million dollars per coin. Let's break this baby down, shall we? Here we go. JV, have you ever heard of him? A crypto YouTube influencer from Crypto News Alerts remembered CZ's prediction. You're damn right I did. The Bitcoin would reach 10 million per coin. JV referred to the statement in a recent video uploaded on YouTube where he analyzes various aspects of the Bitcoin market development. Now, JV looked back at CZ's Bitcoin prediction while analyzing the Bitcoin CEO's recent Twitter comments. And in a Q &A session on July 5th, CZ addressed several issues, including Binance's reaction to the ongoing regulatory scrutiny. He also spoke about the rising interest of institutional investors in crypto currencies, as well as the proposed BlackRock spot Bitcoin ETF. CZ made the 10 million dollar price prediction back in 2021. In fact, I have the article already pulled up and I'm going to be reading word for word what he shared. Following MicroStrategy's announcement, allocating Bitcoin for the corporate strategy, CZ based his analysis on the possibility of several corporate companies, major institutions across the world, allocating just one percent of their corporate treasury into Bitcoin. And according to CZ, that would lead to a thousand X growth in the value of BTC. JV highlighted CZ's welcoming approach to institutional investors in the Bitcoin ecosystem, and CZ noted that advantages in traditional finance firms they bring to the crypto industry, despite concerns about their intentions clashing with Bitcoin's decentralized nature. And according to JV, CZ identified two key factors driving Binance's strategy for the next 18 months. They include the upcoming Bitcoin halving event now less than six months out, as well as, you know, we could be seeing a Bitcoin ETF here in the near future. The Bitcoin community expects the next halving to occur in April of 2024. Now quoting CZ word for word from the initial interview he made on Bloomberg Radio predicting a potential 1000 X increase in the Bitcoin price action. So here's what he had to say. Right now, I think only 11 companies again, this is right around the time that MicroStrategy announced putting Bitcoin on its balance sheet. They announced having allocating some talking about Bitcoin, like usually less than one percent of their corporate treasury to Bitcoin. And we think that it is most likely what caused the initial price rise. I think MicroStrategy's Michael Saylor started it first, but there are six hundred and fifty thousand companies in the world, like relatively established companies in the world, and their treasury is huge. Preach. So if all of them talking about these major institutions only allocated just one percent to Bitcoin, we are going to see, I don't know, 1000 X more growth in the Bitcoin price. And if they allocate more than one percent, then it's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us. Now, let's run that math one more time. Fam, today's price is roughly twenty six thousand five hundred times that by one thousand. He's talking about a twenty six and a half million dollar Bitcoin price action. The potential if they only put one percent of their strategic reserves into Bitcoin, you do the math. If it's five X and five percent, what are we talking? One hundred and twenty million dollar Bitcoin price. Just saying this is coming from CZ, the world's richest man in crypto. So very powerful words indeed. Let's get back to this prediction of what he shared. So the finance CEO estimates that the flagship crypto can go up anywhere from nineteen hundred percent to twenty thousand percent from the current price levels from the time he made the prediction. And he goes on to share with price predictions. It is really, really difficult. I think it can go to, I don't know, one million dollars, ten million dollars. It is very hard to tell. And again, if we literally did a thousand X from today's price, we're talking twenty six and a half million per BTZ. So CZ also reveals that the exchange is onboarding new users as an at an unprecedented sustained rate during the bull run, outpacing its user growth during the twenty seventeen bull run. So again, this was during the twenty twenty one bull run. Here's what he had to share. Just to give people the idea, in twenty seventeen, when Bitcoin hit the peak of about 20 G's, we were seeing three hundred thousand new registered users per day. And that only happened for a couple of days. And that kind of trailed off and became slower. Now we're seeing sustained new user registrations above the peak and sustained like for over two to three months. So could you imagine running the world's largest crypto exchange and having over three hundred thousand new registered users every single day for like 90 days straight? That is insanity. And that's the previous market. I think twenty twenty four is likely going to outpace the previous market as Bitcoin becomes a common household name and as Bitcoin game theory continues in full effect. You have presidential candidates making Bitcoin a big determining factor. We have people like Ron DeSantis, Kennedy Jr., Javier Malay over in Argentina. So naturally, it's just going to create more commotion and positive catalysts for Bitcoin as we move forward into twenty twenty four. So, I mean, fireworks are ahead. Let me know how you feel. We're likely to finish out this year by December of twenty twenty three. Where do you feel the Bitcoin price action is likely to be? And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Bloomberg Radio New York - Recording Feed
Fresh update on "weekend" discussed on Bloomberg Radio New York - Recording Feed
"Broadcasting 24 hours a day at bloomberg.com and the Bloomberg Business Act. This is Bloomberg Radio. The Ukrainian military says a missile strike on Russia's Black Sea Fleet headquarters has killed dozens, including senior Russian officers. In a statement Saturday, Ukraine Special Operations Forces says they targeted a meeting of Russian Navy senior members in the Crimean city of Sevastopol. More details of the attack are expected soon. In Florida, authorities are releasing the identity of a woman whose body was found in the jaws of a large alligator. State officials say it was 41-year-old Sabrina Peckham the gator spotted Friday in a suburb of St. Petersburg with a body in its mouth. Game wardens say they later found and humanely killed the nearly 14-foot long alligator. Police are trying to determine whether the gator killed Peckham or found her after she had died. What was Tropical Storm Ophelia is now a post-tropical cyclone but continues to dump heavy rain on the east coast. New York City's issued a travel advisory and a coastal flood warnings issued in Atlantic City. Flooding will still be an issue as Jacqueline Carl reports from New York's tri-state area. According to the National Weather Service, New York City is expected to get up to three inches of rain. The New York City Emergency Management Department has issued a travel advisory for the weekend.
The Bitboy Crypto Podcast
A highlight from Coinbase Buying FTX? (Crypto News Update)
"Good morning, everybody. It's time to discover crypto. It's 11 .33am Eastern Standard Time, 8 .33am Pacific Standard Time, because we always, you know, we take a few minutes just to let you percolate, get inside here. We have a new guest on the twos today. We still got Drew on the ones, but on the twos, we got Jackie holding it down. What's up, guys? All right, Jackie, I just want to give about 10 -30 seconds to describe where they might know you from. You might find me on X. I do a little show called The Useless Crypto News, and it's kind of like if SNL's weekend update talked about crypto. Okay. All right. All right. Let's see the page. Okay, here we go. Let's just get right into the crypto markets, guys. We're going to talk about Bitcoin. We're going to talk about, did the NSA have a hand in Bitcoin? Maybe we're also going to talk about Coinbase potentially buying FTX, but there's a catch to FTX Europe, and it looks like it might not actually happen. Also, we have some CBDC stuff and Google Cloud. What are your thoughts on Google Cloud, Drew? I don't think it's going anywhere. It's going to keep growing. We'll see if they can compete heavily with AWS, but it's going to matter a lot who gets good deals in crypto with them. I think they're going to make some big moves. Last but not least, we got some XRP news and Chainlink news. What are your views on Chainlink? It's kind of a boomer coin. Okay, Drew, you might need to just take over at this point. My 4 .2 Chainlink in my wallet is just, you know, it might not ever recover from that. I was going to try to make it 4 .7 today. I might sell 0 .5 and reduce my exposure down to 3 .7, but let's just get into the crypto market, see what things are heading. It looks like we're slightly ticking upward here. We are up 0 .5 % on the market cap here, almost at 1 .1 trillion, 24 -hour volume, looking fairly healthy right now, $42 billion, and Bitcoin dominance coming in at 47 .4%, ETH dominance 17 .5%. And gas is the cheapest I've seen it in pushing almost a year at this point, definitely the cheapest I've seen it in over 6 months. We are close to single -digit GWEI there, 11 GWEI, meaning you can get in and out of your altcoins on Uniswap, very, very cheap. You want to mint that NFT, that's free. It might actually be close to free. It won't be a $20 gas fee. It might be closer to, depending on the NFT, you're looking at like a maybe $2 mint, so really, really cheap right now. And you can probably send Tether for less than a dollar, ETH certainly less than a dollar. All right, let's look at Bitcoin price right now and some of these other coins. Bitcoin is up 0 .4%, everybody, looking fairly healthy. We have Ethereum up 1 .0%. We have XRP, the XRP community, feeling good, feeling powerful. Looks like you're Lidostake, Ether down. Cardano, me, I'm licking my wounds. The XRP community, they are the champions today. The Cardano community, we're the losers today. Let's just call it like it is. My bag's down, yeah. Okay, so Cardano's down 1 .2%. Solana up a little bit. And TonCoin, still shaving some gains here. Did you get into TonCoin or the Telegram coin there? Unfortunately, I did not because I think Telegram's kind of an atrocious app to use. I prefer Discord, but if Discord made a coin, I'd be all over that. Yeah, and they rejected the rumblings and the musings of a coin over a year ago. You know, the idea was floated and the gamer community flatly rejected free money.
WTOP 24 Hour News
Fresh update on "weekend" discussed on WTOP 24 Hour News
"The U .S. military are going to have to continue to work and not get paid. The government shutdown could impact everything from food safety to cancer research to Head Start programs for children. Tom Fordy, CBS News, Washington. Tropical storm Ophelia has been downgraded to a post -tropical cyclone, but continues to pose a threat of coastal flooding and flash floods the in mid -Atlantic region. These folks at the Jersey Shore braved the storm anyway. I think it's crazy, but honestly, if you're wearing shorts it's kind of fun to walk through the water. I mean, I've seen it flooded like this a little bit, but it's pretty bad out. Areas from Virginia to New Jersey are likely to receive several inches of rain by the time Ophelia is done with them. Striking workers and the studios may be nearing an agreement. CBS's Lori Perez has the latest. Hollywood insiders are cautiously optimistic the WGA could strike finally be resolved this weekend. There are definitely signs of progress the four days of talks the studio heads being present on most of those days. It's the most active negotiation between the Writers Guild and producers the since the strike started nearly five months ago. Even if writers do get back to work soon production delays are expected. Actors representing the SAG after union remain on strike. Thousands of seeking migrants asylum continued across the U .S. southern border with the most significant numbers coming into Texas. Approximately 2 ,000 people a day are crossing into El Paso alone. Emergency management chief Jorge Rodriguez says many of them are already on buses to their next destination. We work with the cities to provide them a manifest. Every individual that boards one of those entirely. On Saturday buses left for New York City, Chicago and Denver. Russian Foreign Minister Sergei Lavrov addressed the UN General Assembly yesterday where he spoke about Russia's war against Ukraine. CBS's Pamela Falk has details. Lavrov blamed the continuing war on the support Ukraine's of defense by the US and Europe and denied that Russia forcibly abducted almost 50 ,000 Ukrainian children saying that they were taken for their own protection when it occupied their territory in Ukraine. This is CBS News. When you think of hiring think of Indeed. Their end -to -end hiring system helps you attract, interview and hire candidates all in the same place. Visit indeed .com slash credit. 503 on 503 on Sunday, September 24,
Bloomberg Radio New York - Recording Feed
Monitor Show 06:00 09-23-2023 06:00
"Interactive Brokers charges USD margin loan rates from 5 .83 % to 6 .83%. Rated the lowest margin fees by stockbrokers .com. Rates subject to change. Learn more at ibkr .com slash compare. That's it for this edition of Bloomberg Daybreak Weekend. Join us again Monday morning at 5 a .m. Wall Street time for the latest on markets overseas and the news you need to start your day. I'm Tom Busby. Stay with us. Top stories and global business headlines are coming up right now.
WTOP 24 Hour News
Fresh update on "weekend" discussed on WTOP 24 Hour News
"Avoid. WTOP news. Everything you need, every time you listen, on Apple CarPlay or Android Auto. Brought to you by Navy Federal Credit Union, where members are the mission. Visit navyfederal dot org, insured by NCUA. This is WTOP news. It's WTOP. Full postal worker from D .C. is charged with stealing checks from the mail, totaling nearly $2 million. 43 -year -old Hachi Kosela Marchimba started working out of the Friendship Heights Post Office in 2020 and now faces mail theft and bank fraud charges, according to the Criminal complaint. Between October 2021 and March 2023, he would alter stolen U .S. Treasury checks, adding his name and address, and depositing those funds into a bank account under his control. Marchimba faces 30 years in prison. Seven years after its launch, a NASA spacecraft is set to bring samples from an asteroid back to Earth. More from CBS News correspondent Peter King. Scientists had high hopes when NASA's asteroid hunter left the Cape back in 2016. Four years ago, OSIRIS -REx had a brief but fruitful contact with the asteroid Bennu. Sunday, the mothership will release a capsule with those tiny samples for a return to Earth. University of Central Florida Physics and Astronomy professor Dr. Umberto Campins says the samples may be microscopic, but they'll pay big dividends. It's going to help us understand the origin of life here on Earth, on the surface of Mars, or on the moons of Jupiter, on planets around other stars. Peter King, CBS News, Orlando. If you're looking to wait out the rain this weekend, and yes, it's still September, the Alexandria Beer Garden in Old Town might be the perfect place. ...with an Oktoberfest celebration. Old Town Alexandria celebrating the annual fest with authentic German music. We're going to have two local bands, the beloved Alta -Kumpel band and the pilgrims of the deep run, and German food. We have a sausage fresh
Mark Levin
Read the 5-Star Reviews on 'The Democrat Party Hates America'
"Or if you're going to go out this weekend, say to Costco or Walmart, Barnes and Noble, Books a Million, BJ's, Sam's Club, any independent book store, these various warehouse stores and so forth. You can pick up a copy. You can actually page through first, it take a look at it. And don't be afraid to pick it up because of the title and liberal is going to give you a look. Who cares? And if you go into one of these stores and I haven't they put it out yet. And I ask you to tell them to put it out and ask them why they haven't. Because I can tell you this, their headquarters want these books out. They've ordered a lot of them actually. And so this is an opportunity for us really to dig in, to spread the word, be the Thomas Pains. All the work's been done. It's between two covers. I think you're going to be extremely impressed and I think you're going to be so informed that you're going to be excited about communicating what's in the book including the family and friends and others. And it's the kind of book also that you may want to give to somebody else and say, hey look, before you have an opinion will you read it? I can tell you right now. I have a couple of friends who, they're not acquaintances. And I know they're Democrats. And some of them are African Americans. So I said to them, I want you to do me a favor. Before you read any other part of the book, read chapter 2. Go back to chapter 1, but I want you to read chapter 2 because I want to really hook them into what's taking place here.
Stephanie Miller
Fresh update on "weekend" discussed on Stephanie Miller
"Because facts matter. You're listening to WCPT 820. This is the Tom Hartman program. A lot going on in the world on this Thursday. America gets a new Civilian Climate Corps. Trump orders the government to shut down. I'll go into the details of that and how that's going to affect you and me and everybody else. In the second hour of our program, Phil Littner is going to drop with by an update on what's going on in Ukraine. President Zelensky is at the Capitol right now meeting with legislators. The White House is proposing $24 billion in additional aid to Ukraine. The The Putin lovers caucus. They've got a number of Republicans now who are following Donald Trump and Steve Bannon, the pro -fascist faction in the GOP, in saying, no, we shouldn't help out Zelensky because we want Putin to win this. It's disgusting. really In fact, I got a press release yesterday that Cornel West and Medea Benjamin few and other a people are are having an event in Washington, D .C., I think this weekend, to ask for Russia to win the war. It's like what's wrong with these people? Anyhow, Phil Littner is going to be here at the top of the second hour. Also, why one third of Europeans now vote anti -establishment in the second hour? a And crazy alert, the GOP are complaining to Merrick Garland on a huge issue, a really big issue. They're very worried about this, the world naked bike ride. I'll tell you about that in the second hour. In the third hour of the program yesterday, we talked about how home insurance is going away because of climate change. Now, 40 million American homes are overvalued. Get ready if you live in any of these places. I'll tell you about this and also a geeky science. Does peak happiness happen in life at age 70? Really? Interesting study, hundreds of thousands of people, fascinating. Just an update on the immediate news, by the way, that's going on. The House of Representatives, this is really sad. I mean, it's just really sad. Kevin McCarthy, first off yesterday, or I guess it was Monday, Kevin McCarthy dropped a bill, the Republican proposal, their latest funding bill to fund the government. We run out of money at the end of this month, a week and a half. And so they proposed an 80 % cut in grants to schools in low income areas. After all, poor people don't need education. A 70 % cut the in fruit and vegetable benefit for the women and infant children food program. Yeah, women and infant children don't need food. And a $665 million cut to the EPA's safe drinking water access program. After all, who needs drinking water? As Robert Reich notes, the cruelty is the point. So this morning, they tried to do this. That, by the way, did not pass. Of course, go along the with Democrats it. wouldn't And they couldn't even get all the Republicans to go along with it. So, you know, that failed. So this morning, it was like, well, let's try to do a defense spending bill. You know, this is like just the stuff that you would expect would be just normal stuff. I mean, you know, Republicans never saw a defense budget they didn't like until now. And now that you've got a chunk of the Republican Party that's dancing not to the tune of American democracy or the history of the United States or, you know, classic Republican leadership from Dwight Eisenhower to Ronald Reagan and George W. now Bush, you've got a faction within the Republican Party and outside of it, you know, the Stephen Miller, Steve Bannon group, nakedly who are dancing to the tune of Vladimir Putin instead. They're, you know, in with the autocrats is Donald Trump. He never met an autocrat he didn't love. He was brothers with Kim Jong -un. He's buddies with Mohammed bin Salman, the dictator of Saudi Arabia, reporter. Just overnight, there was a whole bunch of missile strikes from Russia, long -range missile strikes on five different cities in Ukraine. Can you imagine if that was happening to us? Obviously, these Republicans can't imagine it. They're pretending like, oh, yeah, it's no big deal. It's just, you know, a dictator in Russia attacking in a nearby democracy. Who cares about that? We don't care about democracies.
The Breakdown
A highlight from Could Oil and a Gov't Shutdown Screw Up Powell's Plans?
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Friday, September 22nd, and today we are talking oil, macro, everything that could throw the economy off. But before we get to that, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link at the show notes or go to bit .ly slash breakdown pod. All right, friends, well, we are sort of continuing the macro story today that we picked up around Powell and the FOMC this week. And one of the questions that Powell was asked was about risks that threatened to knock the economy off course. Two that he mentioned that we're going to spend a little time on today include oil prices and a potential government shutdown. Let's start with oil first. The price of crude oil has steadily increased over the past four months. From a low of around $70 in June, oil reached almost $90 a barrel for the US -based WTI benchmark contract and $95 per barrel and $95 per barrel for international Brent crude earlier this week. The price increase for crude has driven US gas prices back above $3 .80 per gallon, the highest level since last October. Overall, gas prices have ramped up by 20 % since the beginning of the year, according to AAA. Now, there are a number of factors all contributing to steadily increasing oil prices since the June lows. The first is OPEC+. The economic group of oil producing nations led by Saudi Arabia and Russia have recently curbed output. Production cuts, which were agreed to late last year, have been gradually implemented over the past six months. In July, Saudi Arabia voluntarily cut an additional 1 million barrels per day from its production quota, about 10 % of its previous output. Existing production cuts across OPEC have already been extended into next year and analysts expect Saudi Arabia to extend their voluntary cuts until March. On Thursday, Russia further constrained supply by banning the export of diesel and petrol. Russia is one of the world's largest suppliers of diesel alongside their status as producing around 12 % of the global supply of crude oil. The International Energy Agency said last year that Russian refineries produce, quote, roughly double the diesel needed to satisfy domestic demand and typically export half their annual production. Analyst opinions focused on the simplest explanation for the ban, retaliation for sanctions. Henning Gloestien of the Eurasia Group said, Russia wants to inflict pain on Europe and the U .S. and it looks like they're now repeating the playbook from gas and the oil market ahead of the winter months. They're showing that they're not finished using their power over energy markets. The Kremlin said the ban was temporary and aimed at addressing rising energy prices in domestic markets. However, they gave no timeline on when the ban might be lifted. U .S. and European policymakers have largely banned the importation of Russian refined fuel since February, which has required Russian supply to be routed through third party regions including Turkey, North Africa and Latin America. Now, OPEC cuts over the past year were predicated on a weakening demand profile heading into this year. At the time they were announced, recessions were expected across Europe and the U .S. China was an open question with the potential of reopening pushed back in the midst of additional pandemic waves. But since then, the European economy is sputtering along, albeit with dismal manufacturing data out of Germany. The sanctioning of Russian supply has caused European demand to be displaced to other regions with refining capacity, largely India and the Middle East. In the U .S., recession has been continuously pushed off into the future and oil demand is now back at all time highs with no signs of slowing. Although the Chinese economy has hit some turbulence recently, oil demand remains robust. Analysts expect China's oil demand to remain high as Beijing secures strategically important resources. What's more, analysts expect China's oil demand to remain high as Beijing secures strategically important resources in part to mitigate geopolitical risks as well as to shore up its manufacturing and transportation industries. So with oil prices spiking, many are wondering whether the White House will once again intervene in markets using the Strategic Petroleum Reserve. Between November 2021 and September of last year, the White House authorized a number of SPR releases. The final policy saw one million barrels per day provided into the market over six months. A small amount of oil was restocked earlier this year, but the SPR still sits at a little over half its pre -pandemic level. Earlier this week, a headline circulated proclaiming that quote, Biden says depleting SPR is on the table. This was later found to be a hoax with no legitimate source, but it demonstrates how difficult high oil prices could be for the U .S. economy heading into election season. To wit, many saw the SPR release as a political decision rather than an economic decision heading into the 2022 midterms. In the private sector, U .S. oil inventories have recently hit 40 -year lows of 46 -day supply, well below the longer -term average of 65 days. And while August's inflation reports already showed a small uptick due to oil -related prices, the effect is expected to be more profound across this month. Dario Perkins, an economist at T .S. Lombard said, That said, it is important to keep these recent inflationary developments in context. We are not yet in danger of undoing 12 months of solid disinflationary progress, not even close. Others suggested that high oil prices would have a greater impact on growth rather than inflation. Maya Bhandari, head of multi -asset at BNP Paribas Asset Management said, It really impacts the growth side of the Goldilocks equation rather than the inflation side of things over the long term. Theory is that sustained high oil prices begin to eat into disposable income for households alongside higher costs of production for manufacturing and logistics. These combine to reduce growth and potentially tip the economy into recession. Overall, this situation in the oil markets has, to some, many parallels to the liquid natural gas spike in the winter of 2022. Prices in some markets rose more than tenfold, European energy companies scrambled to secure supply at any cost, and multiple firms went bankrupt due to the volatility in markets. This week, Bloomberg reported that the trading arm of French supplier Total Energies has played a major role in bidding up the price of U .S.-based oil. Their source claimed that the firm is paying a premium for physical U .S. barrels, pushing the spread against futures to levels not seen since last November. With all of that said, there are some signs that the oil market is beginning to cool off. On Thursday, Brent crude futures fell to $92 per barrel, which represented the third straight day of price declines, which is the longest streak in almost a month. Warren Patterson, head of Commodity Strategy at ING, said the Fed's hawkish messaging has quote, put some pressure on risk assets, including oil. The dollar index has risen by 0 .8 % since Chair Powell left the podium, a large enough move to weigh on asset markets. Patterson said he still expects Brent crude to move above the $100 mark in the near term, but that he doesn't anticipate the move will be sustainable. So that is the view on oil overall. The thing that I am definitely going to be watching more than anything else is the political dimension of this. We are now entering the period where everything, even more than usual, is going to be completely wrapped up in what it means for the election season. If prices at the pump keep trending up, it seems very likely that the Biden administration will be willing to do what it takes, including SPR releases, to get those prices down. But that's just something we're going to have to keep an eye on. Now what about that other factor that Powell mentioned? Well yes, indeed, my friends, the US government is once again hurtling towards a shutdown after efforts to pass a short term spending bill were scuttled on the House floor on Thursday. House Speaker Kevin McCarthy attempted to marshal Republicans to vote through a package to keep the government funded past the end of September. Closed door negotiations continued late into Wednesday night, but were apparently unconvincing. The bill currently being considered is the $886 billion Defense Appropriations Act. The bill was stifled in the House after five GOP representatives refused to allow debate to begin by voting against a preliminary procedural rule. Democrats also voted against the measure and appeared to taunt Republicans apparently reveling in seeing the GOP's slim majority descend into chaos. Among the Republican dissenters was Marjorie Taylor Greene, who opposed the inclusion of $300 million in funding to the Ukrainian war effort. On Thursday, Politico reported that Pentagon sources have said Ukrainian operations have been exempted from any shutdown, making that part of the dispute rather moot. McCarthy sent House members home on Thursday night to return to Washington on Tuesday. He told reporters after the failed vote, quote, two people flipped, so I got to figure out how to fix that. That wasn't the impression they had given us. Now, this was McCarthy's third attempt at bringing the bill to the House floor. The current proposal on the table is a 31 -day stopgap funding mechanism to forestall a shutdown to begin next weekend. McCarthy remarked on the change in tone in Congress among that extreme element of the Republican Party, stating that, quote, this is a whole new concept of individuals that just want to burn the whole place down. Now, even if a 31 -day stopgap is passed in the House, it seems unlikely to make its way through the Democrat -controlled Senate. The bill includes a 30 percent temporary cut to domestic agencies and immigration law changes, neither of which are likely to get the seal of approval from Dems. Senate Majority Leader Chuck Schumer said instead of decreasing the chance of a shutdown, Speaker McCarthy is actually increasing it by wasting time on extremist proposals that cannot become law in the Senate. House Democrat leader Hakeem Jeffries remarked that the situation was playing out as a, quote, Republican civil war. Now, if it comes to pass, this would be the 11th government shutdown since 1980. The logic is that hard -line positions that don't enjoy support in the Congress can be put directly to the American people by shutting down the government and drawing attention to the impasse. Republican Ralph Norman said last week that, quote, we're going to have a shutdown. We believe in what we're doing. The jury will be the country. Still, the record on government shutdowns doesn't really support that strategy. Not one of the 10 previous shutdowns resulted in the dissenting group extracting concessions. Typically, the American people quickly turn on the party they view as blocking access to government services over a petty squabble. Alex Conant, a Republican strategist, said, This is such a dumb fight because there's no principle that we're standing on here. It's just bad tactics. While the dispute is nominally over excessive government spending, with Republican dissenters pushing for funding to be reduced back to 2022 levels, the underlying problem is, of course, the level of discord within the Republican Party. McCarthy was voted in as House Speaker after a record 15 attempts. The process took four days and frequently descended into a farce. This was only the second time in the post -Civil War era that a House Speaker had failed to be elected on the first attempt. Conant noted the terrible optics of a government shutdown of the Republicans' own making heading into election season, stating that, quote, Biden didn't win because of his political skills and soaring oratory. He won because Republicans blew themselves up with Trump. I'm afraid we're seeing history repeat itself, with the GOP once again helping Biden by shooting themselves in the foot. Of course, never one to shy away from controversy, Trump fanned the flames on Wednesday, posting that, quote, Republicans in Congress can and must defund all aspects of Crooked Joe Biden's weaponized government that refuses to close the border and treats half the country as enemies of the state. He added that, quote, This is also the last chance to defund these political prosecutions against me and other patriots. They failed on the debt limit they must not fail now. Use the power of the person to defend the country. Now, zooming out and trying to get away from the politics of the situation, which obviously is not the focus of this show. The reason that this was brought up at last week's FOMC press conference is that a government shutdown would halt the publication of government data. This would include employment, inflation and growth statistics, which are currently playing a key role in guiding Fed policy. Now, given how much the Fed has said over and over again, their policy is going to be driven by data, presumably not having access to that data would be a fairly big deal. Yet in spite of that, Powell tried to put on a brave face, saying, If there is a government shutdown and it lasts through the next meeting, then it's possible we wouldn't be getting some of the data that we would ordinarily get and we would just have to deal with that. Now, by way of some history, the longest ever government shutdown lasted 35 days. The dispute was around funding for the border wall and quickly turned public sentiment against the Trump administration. Republicans controlled both the House and the Senate, but the administration failed to convince their own party to fund the wall. At the time, Democrat Senator Jon Tester called it the most stupid shutdown I have ever seen in my life. However, if this week's display is anything to go by, that 2019 shutdown could soon have some competition for that title. Now, what does this all have to do with the crypto sphere? Well, I think in many ways these are just exemplary of the state of politics in general. And given that, perhaps it's not surprising that former Senator Pat Toomey is not optimistic about the chances of crypto legislation being passed during this Congress. Just prior to retiring from Congress at the beginning of the year, Toomey introduced his own crypto bill, which focused on stablecoin regulations. Now, the House currently has two major crypto bills eligible to be brought for a vote. One would establish a stablecoin framework while the other introduces more broad crypto regulations. While speaking at a Georgetown Law Seminar on Thursday, however, Toomey said, I don't see a path forward in the Senate regardless of how the vote goes in the House. He added that of the two, he sees the stablecoin legislation as having the best shot. The sticking point will likely be Senate Banking Committee Chairman Sherrod Brown. While Brown has been outspoken about the risks of crypto and the need to bring the industry to heel, he has so far remained extremely quiet on exactly what form of legislation would meet his approval. And of course, any crypto legislation would need the support of Democratic senators to pass a vote to become law. Still, during an interview on Thursday, Coinbase Chief Policy Officer Faryar Shirzad said that she thinks that Brown's lack of commitment to a legislative position might actually be a good thing. Shirzad said, Now, last week, Brown wrote a letter to head regulators at multiple agencies urging them to use their existing powers to crack down on non -compliant crypto firms. This of course seems to be the clear intention, at least at the SEC. On Tuesday, the head of that agency's crypto assets and cyber unit, David Hirsch, warned that more enforcement actions would be coming against crypto intermediaries, including DeFi protocols. Still, Toomey, who serves now as an advisor to Coinbase, views stablecoin legislation as the solvable problem. At the moment, Democrats are pushing for the Fed to serve a central role in regulating issuers rather than granting oversight power to state regulators. This preference is believed to be driven by the White House. Toomey said, He thinks that senior Democrats will get on board once the White House is satisfied with the stablecoin proposal. Although that proposal might have to wait until after the election, as Toomey said in the next Congress, I think it's quite possible to get something done.
ACG - The Best Gaming Podcast
A highlight from The Best Gaming Podcast #411 Phantom liberty review breakdown, Embracer multi dev lay-offs, and more
"And what's up everybody? This is Karrick with ACG and I'm here with Abzi, Johnny Silver and myself doing the best gaming podcast 411 number 411. Thank you everybody for joining you get a chance to check out the YouTube membership. We've got a new special on there for YouTube members. You can join it. You can become a part of the discord also scientifically proven people who become members of the YouTube more sex for sure, especially if you're a virgin when you get the membership and then you have sex 100 % more sex than you've ever had before. So you definitely want to be a YouTube member. We're going to talk about cyberpunk Phantom Liberty. We're going to talk about all of the Embracer cuts. There's been a ton of the Embracer cuts, which is really sad. We're going to talk about payday 3. We're going to talk about some review scores how that's all coming about going to talk about some new games that released that I want to ask these guys if they've played and I haven't told them not because I was trying to keep it secret, but just because I had forgotten to tell them prior talk about the DLC for Resident Evil 4 Ada Wong. What was that called? Do you guys remember starting? Starting over? Starting again? Starting? Isn't it something like that? Nope. Let's let's name it ourselves. Ada Wong bad voice actress does separate ways. Alright, terrible voice actress and then we'll talk about. Yeah, we'll talk about a bunch of other stuff. Welcome to silver who hasn't been here for a while. I'm starting to pay these guys again, not be not. That's not why he came back, but that's because because I didn't tell him that yet, but we finally got everything sort of situated here and I want to say how much I appreciate the support and stuff like that because it helps the channel stay on YouTube, which is a little bit difficult right now, but we're getting it figured out what have we been playing. Let's go with silver first because it's been a while. You said you've been doing some Payday 3? Yeah, a little bit today. Like actually managed to get some functionality from the servers. I've otherwise been down for a lot of people and get a couple of games in. Gameplay wise, it's solid. I think it's a significant improvement on Payday 2 in terms of just the gameplay, particularly the stealth. The stealth feels a lot less janky. It feels a lot more fun to engage with. It's a lot more predictable in terms of how you interact with it, where when it goes wrong, you have a pretty good decent idea of what went wrong and how you got detected. Where with Payday 2, it could be really, really janky. But I found it to be more predictable this time around. Gunplay is also a huge improvement. It feels really, really satisfying, really, really fun to shoot the guns. The animations for reloading and stuff feel pretty good. So that's also a significant bump in terms of the game's quality. So yeah, it's more fun to play. But unfortunately, the game suffers a lot under the decision to take it to online only, which is something that a lot of people feared back when they announced it a couple of months ago. Because it does require server functionality and the server functionality hasn't really been there. It has to be said that Payday 3 has jumped to the top of the Steam charts. So they've seen a lot of success and that does often introduce issues in an online game when there's issues with it in the data and early access leading up to the release. And so they weren't able to address it for launch either. Servers are crashing. And it's really frustrating for players who are going through a heist stealthily, like nearly an hour of prep work and stuff and you're at the getaway. And then the game drops you and you get nothing for That's it. happened a bunch to a lot of people. It also happened to me today. At one point. There's also some really weird decisions in terms of the multiplayer where there's no voice chat functionality inside the game, which is bizarre in a game so heavily reliant on proper coordination between teammates. There's no text, you can't use text chat in you can't even like if you click ready when you're like readying up for the lobby, you can't unclick ready. So you can't read. So you bet you best be ready. You better be ready if you click that button. Yeah. And yeah, it's just weird. And when the missions end, your team gets disbanded. So if you actually end up with a bunch of competent randoms, you lose complete touch with each other and you can't like talk to them over voice chat or anything to like get a sense of contact information or anything. So the social aspect of the game has been severely limited. The matchmaking itself is really poor. There's no like the crime net functionality of pay day two is basically gone. You basically just go to a mission, you select a difficulty and whether you want it to be public or private or or friends only or whatever or invite only. And those are basically the only filter options you get. And then the game tries to find you tries to match you up and fails frequently at the moment. But that those are all the only options you get. And that I find that severely limited and basic. And I would have liked there to be like more filter options like do you want to play stealth? Do you want to play loud? Those were filter options that were eventually integrated into payday two. And like their absence feels particularly odd here, especially, especially when you also coupled it with the absence of all the other stuff, like the absence of voice chat and stuff like that. It sort of compounds the issue. So it's, it's a very mixed bag. But yeah, gameplay, gameplay wise, really fun to play. Yeah, regardless. Big improvement from from payday two, I think. All right, Johnny, what have you been playing? There we go. So interestingly, I've been spending most of my time playing games on lines of P this week, which as you guys know, that's kind of a 180 from where I was at, we talked about the demo, I wasn't really happy with what was in there, right? I wasn't the game is better than maybe they improved it since I played it. But there's something about it that just fits perfectly into what I wanted. You know, it's a more linear, streamlined souls game, where I can kind of just focus on the leveling, creating builds, crafting weapons. Yeah. And just getting good at the game, right? Or like understanding the the attacks and stuff. So it kind of removes a lot of the getting lost and exploring, which is admittedly, a great part of souls games. But it's not something that I wanted right now, after being in BG three and starfield and all. Yeah, yeah, it's it's good to like not have to worry about that kind of stuff. Sometimes. Exactly. I just know, I won't be getting lost. Right. And I can kind of always trudge on at a pretty good pace. And I frankly, like the combat quite a bit, surprisingly, again, because I'm not a fan of perfect parry. And the game does basically rely on that. Yeah, but they've managed to make it really satisfying. It's kind of like a dopamine hit, you know, when you do get the perfect parry, because you can break enemy weapons, you can stagger them by doing that. So just kind of it feels powerful. It's not just like a gimmick, like an Oh, you got outplay. Yeah, right. It's like, actually, whoa, okay, this is powerful. Right. And you can physically see the effect to because the enemy weapon glows when you perfect parry. And this means you're breaking it right. You're in the process of breaking it. Yeah, by by parry. So that's a huge ability to impact their weapons. That's because that's pretty rare. I mean, I don't I don't know if I remember. And to visually see the weapon broken to let you know, it will be a sword and then the tip is broken, right? And they do way less damage. It's just cool, man. Yeah. Yeah. What about you, Abzi? What are you playing? This week, I played more starfield. And then I some played Liza P, I could like four or five bosses. And then I tried the 2 .0 update for cyberpunk. Oh, so you've been jumping or well, probably started the week, I assume with starfield and then starfield. And then when Liza P came out, I checked it out for a bit. I checked it out for a while. I think I put in like seven or eight hours in that game. Should I talk about it? Or are we going to talk about it later? We'll talk which one Liza P starfield or Liza P. You can talk about right now because just continue Johnny's part. What do you like? What are you getting from it or not? I think it's a fine game. I think it's a fun game. I think, however, it's it's it's less of a soul. It's it's it's souls like to the point where it's like a souls born Sekiro clone. You know what I mean? Yeah. So I think I think it tries to pretty much get a bunch of elements from those three main IPs, even Elden Ring with like the ways some bosses and some enemies kind of fucking go like this for like an hour and then like start hitting whatever. So it gets like the parry from Sekiro and like the left mechanical arm thing from Sekiro has like the bloodborne thing of regenerating health and like aggression. But with this one, you have to block so that you're able to do that. And and it has also you can argue that the the setting is more like bloodborne than anything else. And it has like the kind of tries to hit the atmosphere of the souls games. But I feel like they missed the mark a little bit because the characters do talk slow and like this, you know, I mean, like a souls game. But I don't think the VA is quite up to snuff there. Like it always pulled me out. It kind of felt like they're a little bit too tryhardy on that area of talking. But I think it's I think the fun factor is there. I think the fun factor is definitely there. Now, I think it's a it's the sum of its parts. What is it? What's the saying? It's greater than the sum greater than some of its parts, because when you hone in on like one thing, like one mechanic, like let's say like the parrying, I think it's tight parrying. I think it's a it's about as tight as Sekiro. But I feel like the enemies or the enemy animations aren't kind of built around that you can definitely get good at parrying. But I feel like with Sekiro, the reason why it really worked very well is because there was like a nice kind of rhythmic dance to it, especially with the sound effects and stuff like you could like close your eyes and parry a boss. So it had that thing where the whole game was, was kind of designed around that one thing, which was the parrying mechanic, I think it tries to do a lot of things. And it doesn't hit its mark, like really well with one thing, but all of them put together, it's pretty fun, because you have a lot of options. Like for example, for blocking, you can block and suffer some health damage and and kill that, like hit the enemy so that you get gain your health back. But at the same time, you can also perfect parries. So you have like, and then you can dodge as well. I don't think like the dodge itself is like really good and really tight. I don't think the because I think the hitboxes are kind of fucked in this game, to be honest. And I don't think the parry is like the game isn't designed around it, as I said before, so it's not like really right there. But them together offers like a better kind of experience because you still have that risk versus reward factor. I think it's fun overall, I just have like some issues with it, where there's like better alternatives that focus more on those aspects. Yeah. Gotcha. Super, super chat from wannabe dev. Perfect way to start the weekend. Glad to see silverback. Look at that. He's glad to see silverback. Thank you. Like it. Silverback. Glad to see silverbacks.
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-22-2023 13:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. Anicot Steel loves Blue Horseshoe. Yes, Blue Horseshoe loves Anicot Steel. All right, check out that reference on YouTube. This is Bloomberg. Sound on, Joe Matthew, next. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act, this is Bloomberg Radio. Now from our nation's capital, this is Bloomberg Sound On. We're talking about red and blue division within states. How busy is Donald Trump's legal team going to be? Is the economy stupid? Is that actually what will decide this race? Bloomberg Sound On. Politics, policy and perspective from D .C.'s top names. Federal spending combined with too lax monetary policy has produced this 40 -year high on inflation. China policy is driven basically by domestic politics. American families are finding themselves further behind the eight ball. To get anything done in this Congress, it's going to have to be done in a bipartisan way. Bloomberg Sound On with Joe Matthew on Bloomberg Radio. So hey, where'd everyone go? Welcome to the fastest show in politics as lawmakers head home for an extra long weekend with no plan to fund the government pass next week. We'll talk about the difficult path ahead and whether a shutdown is inevitable. Coming up with Bill Hoagland from the Bipartisan Policy Center, he's with us at the table in just a moment. The United Auto Workers Meantime, expanding strikes, as you've been hearing on Bloomberg against GM and Stellantis, but not Ford. We'll take a look at why and explore how it's playing on the campaign trail.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Ethereum Activity Lags Despite Network Upgrades, Altcoin Volatility Surprises
"This episode of Markets Daily is sponsored by Kraken. It's Friday, September 22nd, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about Ethereum activity, altcoin volatility, and more. So you don't miss an episode, be sure to follow the podcast on your platform of choice. Just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Markets this morning seemed to be recovering after a rough few days. Bitcoin has been fairly range -bound for the past 24 hours and at 10 am Eastern Time this morning was up 0 .6 percent, trading at $26 ,607 according to CoinDesk indices. Ether has been doing better so far today, up almost 1 .1 percent over the past 24 hours, trading at $1 ,595. On the week, Bitcoin is up 0 .4 percent, while Ether is down 1 .8 percent. In traditional markets, yesterday was the S &P 500's worst day since the aftermath of the S &P 500's steepest drop in over 100 days. This morning, however, stocks are recovering, with the S &P 500 up over two -tenths from yesterday's close, NASDAQ up almost half a percent, and the Dow Jones up one -tenth of a percent. In Europe, the FTSE is also recovering after yesterday's late trading slump and earlier today was up two -tenths of a percent. This comes in spite of economic releases this morning showing contracting activity from the service sector and a steeper -than -expected year -on -year slump in UK retail sales. Eurozone data out this morning showed a deeper -than -expected contraction in manufacturing activity with new orders declining the most in nearly three years. The German DAX index dropped sharply on the open today but has since largely recovered. The Euro Stoxx 600 index is down almost two -tenths of a percent. In Asia, Japan's Nikkei index fell just over half a percent as the country's year -on -year core inflation came in slightly higher than expected. This is fueling speculation that the Bank of Japan could end its negative rate policy early next year. However, economic growth is a concern. Data out today showed that business activity in Japan slowed to a seven -month low in September. In China, the Shanghai Composite closed up over one -and -a -half percent yesterday. Recent data suggests the growth slump has bottomed out. This is fueling optimism that recent stimulus measures will speed up economic growth. Hong Kong markets also had a good day with the Hang Seng up over half a percent. In commodities, the Brent crude benchmark continued its pullback trading at $93 .27 per barrel, down almost eight -tenths of a percent over the past 24 hours. Concerns about global economic activity are outweighing concerns about tightening oil supply. Yesterday, the Russian government announced gasoline and diesel export restrictions in order to stabilize fuel prices in the domestic market. Gold lost some ground yesterday as investors reacted to the prospect of a stronger US dollar, reaching a weekly low before climbing again. Earlier today, it was trading down almost eight -tenths of a percent at $1 ,927 per ounce. Stay tuned. After the break, we'll take a look at Ethereum activity and is the crypto market's largest meme coin becoming stable? Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. In this section, we're going to look at what's going on with Dogecoin volatility. But first, despite network upgrades, Ethereum's activity is not picking up. In a recent report, JP Morgan analysts noted that Ethereum's Shanghai upgrade, implemented in April to enable the withdrawal of staked tokens, has not delivered much of a boost to network activity. Ethereum's daily transaction count has fallen 12 % since the upgrade, according to the analysts, and the number of daily active addresses has dropped nearly 20%. To be fair, the purpose of the Shanghai upgrade was not to boost Ethereum transactions. It was to encourage staking by making it more flexible. Ethereum's security depends on the spread of its staking network. It has succeeded in that. Since the upgrade, the number of validators has increased by almost 50%. Also, the circulation of Ether has always been heavily influenced by DeFi activity, which is still grappling with regulatory uncertainty, recent exploits and last year's market shocks. But network activity is an important part of liquidity, which is significant for investors. And Bitcoin's activity has been recovering. The average number of daily transactions on the Bitcoin blockchain has more than doubled over the past few months, while the number of active addresses is more than 10 % higher on a seven -day moving average basis. Looking further out, Ethereum has some more upgrades in the pipeline, which will be focused on increasing throughput and therefore also, in theory, network activity. Given the community's success so far in implementing ambitious changes to improve the blockchain's functionality, Ethereum's declining activity now should not necessarily be taken as a sign that the network is less interesting. And finally, just in case you needed more evidence that these markets are, well, strange, this morning Omkar Ghoboli reported that Dogecoin, the largest meme token by market value and typically one of the riskier crypto investments, now has a lower 30 -day historical volatility than Bitcoin. Normally, a decline in volatility signals deep market liquidity and maturity. With Dogecoin, neither is the case at the moment. So, as with Bitcoin, below volatility is yet another sign that investors are staying away. That's it for today's show. I hope you all have a great weekend. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and, if you like the show, please leave us a five -star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noah Latcheson for Coindesk. We're back tomorrow with more market news and insights.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Ethereum Activity Lags Despite Network Upgrades, Altcoin Volatility Surprises
"This episode of Markets Daily is sponsored by Kraken. It's Friday, September 22nd, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about Ethereum activity, altcoin volatility, and more. So you don't miss an episode, be sure to follow the podcast on your platform of choice. Just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Markets this morning seemed to be recovering after a rough few days. Bitcoin has been fairly range -bound for the past 24 hours and at 10 am Eastern Time this morning was up 0 .6 percent, trading at $26 ,607 according to CoinDesk indices. Ether has been doing better so far today, up almost 1 .1 percent over the past 24 hours, trading at $1 ,595. On the week, Bitcoin is up 0 .4 percent, while Ether is down 1 .8 percent. In traditional markets, yesterday was the S &P 500's worst day since the aftermath of the S &P 500's steepest drop in over 100 days. This morning, however, stocks are recovering, with the S &P 500 up over two -tenths from yesterday's close, NASDAQ up almost half a percent, and the Dow Jones up one -tenth of a percent. In Europe, the FTSE is also recovering after yesterday's late trading slump and earlier today was up two -tenths of a percent. This comes in spite of economic releases this morning showing contracting activity from the service sector and a steeper -than -expected year -on -year slump in UK retail sales. Eurozone data out this morning showed a deeper -than -expected contraction in manufacturing activity with new orders declining the most in nearly three years. The German DAX index dropped sharply on the open today but has since largely recovered. The Euro Stoxx 600 index is down almost two -tenths of a percent. In Asia, Japan's Nikkei index fell just over half a percent as the country's year -on -year core inflation came in slightly higher than expected. This is fueling speculation that the Bank of Japan could end its negative rate policy early next year. However, economic growth is a concern. Data out today showed that business activity in Japan slowed to a seven -month low in September. In China, the Shanghai Composite closed up over one -and -a -half percent yesterday. Recent data suggests the growth slump has bottomed out. This is fueling optimism that recent stimulus measures will speed up economic growth. Hong Kong markets also had a good day with the Hang Seng up over half a percent. In commodities, the Brent crude benchmark continued its pullback trading at $93 .27 per barrel, down almost eight -tenths of a percent over the past 24 hours. Concerns about global economic activity are outweighing concerns about tightening oil supply. Yesterday, the Russian government announced gasoline and diesel export restrictions in order to stabilize fuel prices in the domestic market. Gold lost some ground yesterday as investors reacted to the prospect of a stronger US dollar, reaching a weekly low before climbing again. Earlier today, it was trading down almost eight -tenths of a percent at $1 ,927 per ounce. Stay tuned. After the break, we'll take a look at Ethereum activity and is the crypto market's largest meme coin becoming stable? Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. In this section, we're going to look at what's going on with Dogecoin volatility. But first, despite network upgrades, Ethereum's activity is not picking up. In a recent report, JP Morgan analysts noted that Ethereum's Shanghai upgrade, implemented in April to enable the withdrawal of staked tokens, has not delivered much of a boost to network activity. Ethereum's daily transaction count has fallen 12 % since the upgrade, according to the analysts, and the number of daily active addresses has dropped nearly 20%. To be fair, the purpose of the Shanghai upgrade was not to boost Ethereum transactions. It was to encourage staking by making it more flexible. Ethereum's security depends on the spread of its staking network. It has succeeded in that. Since the upgrade, the number of validators has increased by almost 50%. Also, the circulation of Ether has always been heavily influenced by DeFi activity, which is still grappling with regulatory uncertainty, recent exploits and last year's market shocks. But network activity is an important part of liquidity, which is significant for investors. And Bitcoin's activity has been recovering. The average number of daily transactions on the Bitcoin blockchain has more than doubled over the past few months, while the number of active addresses is more than 10 % higher on a seven -day moving average basis. Looking further out, Ethereum has some more upgrades in the pipeline, which will be focused on increasing throughput and therefore also, in theory, network activity. Given the community's success so far in implementing ambitious changes to improve the blockchain's functionality, Ethereum's declining activity now should not necessarily be taken as a sign that the network is less interesting. And finally, just in case you needed more evidence that these markets are, well, strange, this morning Omkar Ghoboli reported that Dogecoin, the largest meme token by market value and typically one of the riskier crypto investments, now has a lower 30 -day historical volatility than Bitcoin. Normally, a decline in volatility signals deep market liquidity and maturity. With Dogecoin, neither is the case at the moment. So, as with Bitcoin, below volatility is yet another sign that investors are staying away. That's it for today's show. I hope you all have a great weekend. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and, if you like the show, please leave us a five -star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noah Latcheson for Coindesk. We're back tomorrow with more market news and insights.
What Bitcoin Did
A highlight from The Breaking of the Global Economy with Nik Bhatia
"You can imagine a world in which people actually have more power than institutions and governments. Bitcoin has the ultimate power in making the world a better place for people. Hello there from sunny Bedford. Hope you're all doing well. Got a nice weekend planned ahead. Obviously for me, it's going to be football weekend. We've got home games for the men's hopefully getting through to the next round. And our ladies who won every game this season, they're going to be playing some Auburn. So it's a busy weekend of football for me and obviously talking about Bitcoin to people. We've actually got a meetup at the game tomorrow. So if you get in this early and if you're in and around Bedford, you want to come down, come down to Bedford. We're going to talk about Bitcoin before the game. Anyway, welcome to the What Bitcoin Did podcast, which is brought to you by the absolute legends at RS Energy, the largest NASDAQ listed Bitcoin miner using 100 % renewable energy. I'm your host, and today I've got my buddy Nick Bartier back on the podcast to get into all things macro and Bitcoin. Now, when we planned our trip to Australia, Nick was a very obvious person to ask to come out and take part in the live event. And while we're there, we took the opportunity to record another show with him. And the legend he is, he absolutely delivered. Now, the first time I spoke to Nick was about four years ago. I met him in LA. I can't believe it. It's gone so quickly. But Nick has always been a solid person to have on the podcast over the years. And as ever, he absolutely killed it. He has a very good and simple way of explaining complicated macro stuff, which I know some of you listeners love. So big thanks to Nick for coming out to Australia and for all the support he's given the podcast over the years. And if you haven't checked out his book, please do go and get it. It's an amazing book, and Nick is an amazing asset to Bitcoin. Also, if you've got any questions about this or anything else, please do hit me up. My email is hello at whatbitcoindid .com. Just a few things outside. We're going to be heading out to LA in about 10 days. It's gone around so quick. Actually, even soon. I think it's nine days. Going to be heading out to Pacific Bitcoin. But we're also going to be doing some interviews there. With regards to the two films we've made, Argentina's in the final edit. That should be released in the coming week, maybe two weeks, but the coming week. And then we will move into editing the Lebanon film. Two amazing films. Just, I mean, not the films are amazing, not that we're privileged to have gone out to these places and made these films. And just another big thanks to RS Energy for sponsoring all this because without their support, I couldn't have done this. Okay, on to Nick. Hope you enjoy the show.
Over the Next Hill Fitness
Jennifer Robbins Bell Is Conquering 52 Marathons in 52 Weeks!
"So today we are going to be learning all about Jennifer Robbins Bell's journey. So let's listen in. Welcome to the show, Jen. Great to have you here. Thank you so much for having me. Yeah, we've had a few glitches. One of them being, I thought you were resting from a marathon last week, but you told me you just did another marathon today. Tell me about this journey you're on. So I set a goal for myself at the beginning of the year to run, or try to run, 52 marathons in 52 weeks. Wow. Now which marathon was this? Which week? So this week was week 34. Oh my goodness. So you have run 26 .2 miles every weekend since January. So my schedule is a little bit different. I'm not doing exactly every week. I work in the field of education. So this summer when I wasn't working, I ran more marathons. And right now I'm just trying to be flexible with my work schedule. So it doesn't always work out that I can run a marathon. I have done multiple marathons, like in a series, to try to make up for the weekends that I can't run. Wow. That's amazing. How are you holding up? How's the body feeling? I think that's one thing that amazes me the most, is that I do seem to have a body that's able to recover quickly from doing the long. And I think that, I don't know, I don't know the science behind it, maybe it's because I've done it so much that my body's just like, all right, this is what's going to happen. Here we go. So I don't know. I don't feel like really worn down or sore during, you know, afterwards. I feel pretty good. I mean, I'm definitely tired and, you know, sore. But maybe I'm just getting used to it. I don't know. Yeah. Once you, I think, build up that endurance, it's just another, it's like people who just walk a mile every day. That's what it is for you. So now other than finishing, do you have any goals set each time for times or anything? So it depends. The races that I've been working on, sometimes it's trail, sometimes it's road. I have done some ultras. So it just kind of depends on what the course is for the race that I'm doing. But my overriding goal is to always stay healthy and injury free. Of course, I always want to run as fast as I can. But you have to sort of rein yourself in a little bit when you're doing it week after week. Otherwise, that staying healthy goal will go up the window. So I do like to try to push as much as I can within reason.
Mike Gallagher Podcast
A highlight from Week in Review - Episode 24
"Cycling isn't just cycling. It can be cycling or cycling or even cycling. Peloton isn't just one thing. We have classes that will ease you in and classes that will make you sweat and a range of instructors so you can find your match. Whatever you're in the mood for, we can get you in the zone. See for yourself with a worry free 30 day home trial. Visit one Peloton dot com slash home dash trial terms apply. Welcome to the Mike Gallagher Show Week in Review podcast. It's just about everything that's happened this week. I'm Eric Hanson, and we begin with President Trump, who made some controversial statements about abortion this week and called Ron DeSantis's six week abortion ban a terrible mistake. We might as well get this out of the way. We got President Trump with an answer to Kristen Welker on NBC's Meet the Press and her debut as the new host, which gave a lot of ammunition to Trump haters who want to hurt him and try to wreck his chances of becoming the nominee in 2024. This is an interesting dilemma that Republicans have. Here's the dilemma. Pro -life fighting for the sanctity of those unborn babies, the sanctity of their lives, the sacredness of the innocent. That's a centerpiece that's foundational for the Republican Party. And whether we like it or not, this particular debate that we're having in America over abortion is crushing us at the ballot box. And Donald Trump, I believe, was trying to address that with Kristen Welker on Meet the Press. Let's get it out of the way. I've been dreading this all weekend. Well, it wasn't all weekend. I mean, this first broke, I think, Saturday. They gave a little preview of his answer. I don't love his answer, but I also don't love the way Trump critics are pouncing on him, claiming he's not pro -life. I got into a big knockdown drag out, as I expected I would with my friend Mark Davis in Dallas, because Mark is now hell bent on proclaiming that Donald Trump is not pro -life. And he's saying that because of this exchange with Kristen Welker yesterday on Meet the Press. If a federal ban landed on your desk, if you were re -elected, would you sign it at 15 weeks? Are you talking about a complete ban? A ban at 15 weeks? Well, people are starting to think of 15 weeks. That seems to be a number that people are talking about right now. Would you sign that? I would I would sit down with both sides and I negotiate something and we'll end up with peace on that issue for the first time in 52 years. I'm not going to say I would or I wouldn't. I mean, the sanctus would really design a five week and six week ban. Would you support that? I think what he did is a terrible thing and a terrible mistake. But we'll come up with a number. But at the same time, Democrats won't be able to go out in six months, seven months, eight months and allow an abortion. Now, there are people who took that answer and proclaimed that Donald Trump is not pro -life, like it's important to proclaim or make some kind of declaration that he is not pro -life. I believe it's ridiculous to claim that a guy who's the only president to ever attend the March for Life, the guy who promised to get Roe v. Wade overturned because that was terrible federal. That was a terrible federal ruling and appointed Supreme Court justices who did just that to claim that Donald Trump is not pro -life is preposterous. It's absurd. It's virtue signaling. And perhaps it's just. The opportunistic way you chalk up some points for Ron DeSantis, because clearly Team DeSantis is pouncing on Donald Trump over this remark. I believe two things can be true at the same time. You can be pro -life and you can acknowledge that this issue is killing us at the ballot box. And we're losing elections. So President Trump has some campaign trouble to manage. Meanwhile, our current president can barely navigate a simple speech. If you miss Joe Biden at the U .N. this week, well, buckle up. Remember when Trump went to the United Nations and gave a really good speech and the media freaked out and said how goofy and wild and unpresidential and unprecedented it was, they had a complete meltdown and he gave a really decent speech. Compare that to the appearance of Joe Biden yesterday at the U .N. Now, even as we have all our institutions and drive creative new partnerships. Let me be clear. Certain principles of our international system are sacrosanct. Both Biden and Kamala Harris do the same thing when they say, let me be clear, run for the hills, because when they say, let me be clear, you're going to see nothing but mud and gibberish. I mean, babbling incoherently in front of the United Nations. And if that wasn't wild enough, you've got the Ukrainian President Zelensky. He marches in with his entourage. You know, I used to say I was torn about Ukraine. People that I respect insist that we have got to continue to fund the Ukrainian battle with Russia, that the American people have to help Ukraine with its border. We dare not have a wall for our own border, but we better, by God, help Ukraine with theirs. We better fund them. We better give them the missiles they want. We got to give them the ammunition they need. We need to. We got to stop Vladimir Putin. And if you push back against that, you're a stooge for Vladimir Putin. You're a Putin puppet. Just ask Tucker Carlson. When Tucker dared to express the belief that the American people have bigger fish to fry than funding Ukraine, he was thoroughly denounced and renounced as a stooge of Vladimir Putin. So there goes Zelensky marching into the UN yesterday with his bodyguards and his entourage, and he gets up to that podium. And what he said was pretty stunning. I expected he would stand at that giant podium in front of that ugly green background at the UN and talk about the need to fund his military. Talk about Russia's aggression against the Ukrainian people. Talk about Ukraine's place in the whole worldview of things instead. We got this. Even though humanity is failing on its climate policy objectives, this means that extreme weather will still impact the normal global life and some evil state will also weaponize its outcomes. And then people in the streets of New York and other cities of the world went out on climate protest. We all have seen them and when people in Morocco and Libya and other countries die as a result of natural disasters and when islands and countries disappear underwater and when tornadoes and deserts are spreading into into new territories and when all of this is happening, one unnatural disaster in Moscow decided to launch a big war and killed the tens of thousands of people. No wonder loony leftists have the Ukrainian flag in their front yard. You would think the Ukrainian president had bigger problems than climate change. Meanwhile, the United Auto Workers hit the picket lines this week. They made a few modest demands like a 40 % pay raise in a four day work week. Speaking of the UAW strike, I watched Sean Fain, the president of the United Auto Workers Union on the Sunday morning news shows. And you know, I admit I'm not a real big fan of unions. In fact, quite the opposite. I kind of think that unions have helped destroy many aspects of our economic system. In fact, it's a commonly held view that pension plans that used to be in place contributed to the decline of the U S automakers. Well, now the UAW is demanding pensions come back. They want the old fashioned defined benefit plan. And as Bloomberg points out, pensions are not worth striking over. You know what I find interesting about the UAW dispute? I heard all the talking points about how the corporate executives at the big three automakers make too much money. That's a Bernie Sanders mantra. That's an Elizabeth Warren trope. The executives make too much. You know, a company can be producing billions of dollars of revenue, but the Bernie Sanders of the world want to cap what an executive at one of those companies earns, which I always find so fascinating. It's as if they want to equate the guy or gal on the assembly line with the big automakers. Well, they're not the same. I mean it'd be nice if everybody made the same amount of money in life hate to break it to your life doesn't work that way. Some people make more than others and admittedly a lot of it is luck. I don't deserve the living that I make, but I'm very blessed to make a good living. There are people make a lot more than I do and I don't begrudge them anything, but simply because somebody that might have a show on television might make 10 times what I make. I don't think I should make what they make simply because we do the same essentially same thing. I mean, and Democrats always have such hypocrisy on this issue. Like somebody just texted me, how many homes does Bernie Sanders have again? It's more than one. But here's something that I noticed when I heard Sean Fain, the president of the UAW talk about executives compensation and how we're not making enough and we're taking steps backwards. I mean, the fact of the matter is the union gave up the defined benefit pension plan in a previous negotiation. Now they want it back. When you give up a benefit like that, you're not going to get it back. That's not realistic. And here's what I'm interested in. You know what was missing from all the coverage of the UAW strike? They never talk about what auto make auto workers make. Now I kept hearing how somebody on the assembly line can't feed their family. Really? What do they make? I kept hearing that Sean Fain kept saying the auto workers have taken three steps backwards. Really? How much do they earn? I know what they want to make. They want a 40 % pay increase and they want to only work four days a week. Now that's a pretty good deal.
The Dan Bongino Show
Dan Bongino's Last Book Signing Ever, This Weekend in Naples
"One so hopefully last mention maybe tomorrow i get a new book the out gift of failure but there's a book signing it's my last one it's also probably my last book so this is probably my last book signing maybe ever is this weekend this saturday september 23rd 5 p .m in naples florida at the barnes and noble at uh 5377 tamiami trail barnes and noble at naples tamiami trail 5 p .m this saturday september 23rd like i said probably my last one uh ever and you know it's not that big of a deal i mean the world's not gonna end if i don't write another book or anything like that i just uh there's something to say and uh you know that i think belongs better in a book and most of it belongs on the show now so you want to check that out i'd love to see you there love to say hello the prior three book signings were just insane we
The Financial Guys
A highlight from Growing Unease: Current Administrations Approach to Security and Travel with David Bellavia
"What do you think they're doing with cash, right? What deal do you make where someone says, I'll bring a box of money to you? Yeah. What do you, it's, this is a state sponsor of terrorism. Ladies and gentlemen, distinguished guests and my fellow citizens. America's comeback now. starts right Welcome back Financial Guys podcast. Mike Speraza in studio live today with a guest in the studio. I haven't had this in a long time. Staff Sergeant medal of honor recipient David Bellavia joining me for about a half hour today. David, thank you for joining us. Thank you for having me. I appreciate it. Absolutely. So I'm going to stick based on your background. I'm going to stick with a lot of military stuff today and I want to start, we'll go all the way back to the beginning of the Joe Biden presidency. The Afghanistan withdrawal, in my opinion, did not go very smoothly. I'm sure many people listening agree. What were your overall thoughts of that withdrawal and how it actually ended up happening? I know we lost, you know, sadly lost 13 soldiers in that, in that withdrawal. People say we went off the wrong air base. People say that we shouldn't have gone out in the middle of the summer. There was a lot of different things there. What were your overall thoughts on that? I think it's like the worst day in American history since Market Garden. Just absolutely. And the reason why it was so difficult was it was totally unnecessary. So let's rewind to the Obama trade, Bull Bergdahl and the three first round draft picks. They get Marshall, they get MacArthur and they get Patton that end up the resurgence of the Taliban. These men not just go back to the enemy, they go back to the battlefield. They're in power when the government falls. You have misinformation coming from the White House that the president of Afghanistan is leaving with billions of dollars on his plane, which wasn't true. And then you leave the equipment, the cash. There's no recovery. We're getting reports of sales of American equipment left in Afghanistan in Southeast Asia. We're moving material across the globe. Our children will fight and pay and have to atone for these miscalculations. Let's talk about that. You being in the military and you knowing that area too, why did they just find it the easiest way out to just say, you know, just leave that billion dollar billions of dollars of equipment there and not think, again, if it was me and I'm speaking that someone that's never been in the military, but if it's me and I'm the president, I'm thinking, OK, I don't want to leave all our weaponry there. I don't want to lose any of my men. Number two. And number three, I want to make sure that everybody knows when and how we're getting out of there. And it just felt like poof. One day they said we're getting out of here. Well, it's because the military didn't make any of those decisions. I mean, look, Millie, it can criticize him. You can criticize Secretary of Defense worthy of criticism. However, none of these individuals are making decisions. This is about NGOs on the ground. This is about the State Department. So you've got Bagram Air Base, the equivalent of JFK. You've got Karzai International Airport, the equivalent of Teterboro. Right. Why would you ever do an exfil out of Karzai International Airport? It makes absolutely no sense. It's tactically unsound. But and then you've got all the ISIS -K. We retaliate from the murder of 13 of our bravest and we drop a bomb on a guy delivering water. He's on our payroll and we kill children on that. Then we take out Borat on a tuk tuk driving around like that wasn't even really what was happening. It's just a den of lies. And Tony Blinken and Jake Sullivan, all the heroes that brought us, you know, the Bergdahl deal, the Iran nuke deal. This is these. They the State Department is running all foreign policy, including what the DOD used to run. Well, that's I was going to say. I mean, I know Biden's the president, but do you blame him at all or is it everybody underneath him that, you know, maybe was giving him bad information? And again, some of these decisions, David, is Biden even involved in some of these decisions? Like, I don't even know anymore. Is he around? Is he paying attention to anything going on? Well, I mean, just from the press conferences, it was apparent he didn't know what was going on. And the great irony is that they actually were predicting that Ukraine was going to be invaded and, you know, no one believed them. So it's like you can't influence your friends. The allies don't trust you. The enemy doesn't respect you. You know, I mean, you've got Ben Rhodes is really proud of this State Department. Susan Rice loves what they're doing. But, you know, again, Americans died. And, you know, and what is the perfect culmination of the adventure in Afghanistan? Looking at your watch at Dover Air Base when bodies are coming home. I mean, nothing could you couldn't ask for a just it's it's a debacle. Yeah. And it's sad that that's that's the leader of our country there. Let's move in. You brought up the Ukraine there. So the Russia Ukraine conflict will get to Zelensky in a minute. He is as we speak in New York City right now. But so Trump's in office. We don't see many of these conflicts or any conflicts actually started under his watch. And then we have the Biden administration come in. And a year later, we have Russia invading Ukraine. Why did this happen and why? Why the timing of February of 2022? So let's go back to when we were fighting ISIS. Trump engaged and destroyed estimated some say 300 members of Wagner forces. But those were Russian nationals. We engaged. We destroyed them. What was the response from Putin? Nothing at all. So what do people in that section of the world, Eastern Europe, the Middle East, what do they respect? They respect power. They respect authority. You're not going to get any respect if you don't engage the enemy when they present themselves. I don't understand the calculus of again, I'm trying hard to figure it out. I don't get it. I don't. You know, Romania and Hungary and Poland, you're letting them unilaterally decide whether or not they want to send reinforcements into Ukraine. That's an act of war. If NATO members engage the enemy, all of NATO is engaged against the enemy. Poland doesn't unilaterally make that decision. Hungary and Romania don't unilaterally make that decision. We can't even articulate what the mission is. And if you look, go to the Institute for the Study of War, there's a plug for them. Check out their overlay from when the battle started, when the war started with Russia. And tell me what success this offensive in Ukraine has produced. I mean, let me ask this question, because I get confused. The answer is nothing. I asked this on Twitter, X, whatever it's called, all the time. What is the end game and how do we get there? Because all I see the answer is, hey, just blank checks. Hey, just write a check. Hey, here's a billion. Hey, here's 20 billion. Hey, here's another 10 billion. I don't actually see a look. I mean, like anything, right? If I write a business plan of what I want to do in 2024, my goal is X. I write down my steps to get X. I don't just write down X and say it's going to happen. I don't really know. And then the answer always is, well, we have to fight. We have to back Ukraine. Okay. But when does that end? Because the Afghanistan war and the war in Iraq lasted 20 years plus, right? And was there a real end to it? I don't know. That's where it gets frustrating for me, Dave, where I'm like, how do we know what the end game is? Do you win or lose? When does that happen? I don't know. I don't know. At least you're thinking about it. And I have fear that our leaders aren't, and that's the problem. So here's what this comes out. You're going to get a negotiated settlement out of Ukraine, right? But you talked about the billions of dollars that we're spending and giving to Ukraine as a blank check. First of all, Zelensky visited Ukrainian soldiers in the United States. Did you know that there were wounded Ukrainian soldiers in the United States? I did not know that. Well, today he visited them. So what's happening there? So that's a cost that no one is putting on the ledger. So now let's look at the blank check that Ukraine is getting. And by the way, I'm pro Ukraine. I want to fight communists all day and night. So let's punch Putin hard in the face. However, you're giving them a blank check and you're giving them munitions. Now here's the problem. We have to replace those munitions. Those munitions were purchased for 20 year global war and terror. And let's be honest, inflation is involved. So what you purchased for $10 is now $17. So you're not just giving them the money. You're giving them the equipment and the munitions that you have to replace yourself at the value of what is valued today. We haven't scratched the surface for the amount of money. CBO absent at the wheel. No one is tracking this. 2024 can't get here fast enough. How does this work, though, when you talk about some of these NATO nations coming together and making decisions, but us not just giving weaponry, giving everything money, whatever we're giving there? Is that not an act of war, too, though, David, at some point? We're continuing to fund Ukraine continuing the war in Ukraine. I mean, that to me seems like we're backing a war. Well, I mean, by the letter of the law and NATO charter, it's not. But here's the problem. It's schizophrenic because we were told that what was an offensive weapon was going to mitigate, you know, that wasn't going to help peace at all. So we went from, I don't know if they should get tracked vehicles to I'm not sure an artillery piece is what they need to high Mars rockets being launched. And let's be honest. I mean, the Ukrainians are I mean, the payload that they're going through, what you would have to have cataclysmic casualty numbers to be able to to the spandex that they're doing on the ground that they need to replace Patriot. If you're going through thirty five Patriot to, you know, missiles, I would expect to at least the C 20 makes that are shot down. They're using them for air artillery. They're using there for indirect fire. I don't know what they're doing, but this is going to end with Don Boss going to Russia. This is going to end with that land chain that Putin wanted through Crimea. And again, our friends in NATO, what are they even doing for Ukraine? What? Look, if you they said that Trump wanted to kill NATO, Biden did it. Right. Biden did it. And now Germany. And so Putin was selling oil at thirty dollars a barrel. What's it at ninety six? Yeah. He's making more money than he did before. And he's financing a war and killing innocent people. You mentioned before, too, and I think this is a good point. Everybody on the left and I'll say the media, the establishment, whoever you want to say, says that if you don't agree with the war in Ukraine, you're like pro Putin. Right. And that's just the most outrageous thing in the world, because I agree with you. I feel for the people of Ukraine. I don't want this for them. I don't want this for innocent people. However, at some point, the world's every every one of the world's problems can't be America's problem when we have a border crisis. And then I think they said yesterday ten thousand people came across. They got, I think, eight thousand of the ten thousand. But you see the numbers day over day. It's a problem. We have crime that's rampant. We have overdoses that are at record numbers. We have we have suicides at record numbers. At some point, we have to maybe just think about ourselves and not everybody else, because if we fall, sadly, I think the world falls at that point. Amen. The thing that I would add is I love the way the Ukraine refugee has been crowbarred into the migrant crisis in the United States. New York leaders from the city to all over Kathy Hochul, the governor of the state of New York, mentioning that, you know, like the Ukrainians in Poland, the the Polish have no intention to keep Ukrainians forever. That's a temporary you know, they're leaving a conflict to return to their country after the conflict is over. Again, this is just we're we're putting a round peg into a square hole and just hammering it away. But but there's no the media. There's you're our destroying military. I go to parents all the time around this country and ask them to give us their sons and daughters to join the military. And the one thing they bring up is Afghanistan. It's not about anything. It's Afghanistan. How are you going to assure us that you're going to maintain your commitment to our son and daughter when you betrayed us in Afghanistan that has lasting effects? And there's not a I'm trying to find a segment of our of our of our nation that's functioning. I don't know what it is. I saw in Chicago, they're going to have municipally owned grocery stores. Maybe that will figure it out there. Yeah, yeah, it's good. Real quick, do you think and we'll finish up on this topic, but do you think that they will we will ever have boots in the ground on Ukraine? I mean, I hope not, because I just don't know what the I mean, look at I'm I'm we're getting ready for China. We're trying to revolutionize everything. I don't know what the what the plan is. I mean, again, if you want to put a base in Ukraine, and you want to make that a sustainment operation going forward, that I here's the point. I don't understand what the inactive ready reserve call up was for. Why are you bringing those troops in the non combat support? Why are they going to Ukraine? What are you building infrastructure there? Here's what I do know. We're talking a minimum of $11 trillion to build Ukraine back. That is cataclysmic amounts of money. There isn't water, electricity, internet, you know, you want to help Ukraine. You're going to Russia is not paying for that if you negotiate a settlement. So I don't know what the plan is. But I hope we never see boots on the ground. I could guess what the plan is. I won't I won't say for sure. But I could guess that we'll be paying a chunk of that. And I do have one last one. So I did interview Colonel Douglas McGregor a few months back. And he talked about he's a real optimist. But he is really very, very bullish on Ukraine. Yes, very, very optimistic. I'm dropping some all over the place. But he brought up some staggering numbers, though. And even if they're half true, it's a problem. The amount of casualties and wounded soldiers on the Ukrainian side that we're not hearing about the media. I don't know if you agree with some of those numbers or not. But he's saying, I mean, it's people are acting as if this is an even war right now. And it's not even close. First of all, McGregor's a stud. I mean, he's an absolute, you know, that we're glad he's on our side. He's a military mind. I don't know if those numbers are accurate. I could tell you they're juxtaposed to almost everything we're hearing from every institution that we have, including a lot of our intel from Germany and England. But again, I don't know what to believe. So when you don't have when you don't have transparency, when you're not holding regular press conferences, when your Pentagon spokesman is now working in the White House and now you're getting a triple spin. I mean, the U .S. Open double backspin. You've gotten so many spins on the narrative. I don't know what to believe. But if he is even close to what is a segment of truth, you know, then look, Ukraine needs an investigation. There's a lot of investigations. We've got to start on Afghanistan. We were promised that by Speaker McCarthy. We need a hot wash on Afghanistan. And then we need to go to what who is oversighting the money that's going to Ukraine. And what have we got for our return on investment? Yeah, I'm not asking for much. Really, all I'm asking for in this conflict is can we just talk about what the end game is? And to your point, can we get an accounting of where the money's going and what's being spent in a real accounting of it? The Iran deal that just happened last week. First off, the fact that that was negotiated and completed on 11th September to me is just the ultimate slap in the face. But you again, you know more about this than I do. We do a five for five trade. OK, I'm going to use sports analogies. We trade five for five. And then we also approved of six billion dollars that apparently wasn't ours, but it was in a fund that now they can release to Iran. How are we winning on that one? Well, first of all, I was hoping that at least it was a digital transfer. The fact that it went as euros in cash through Qatar. And OK, so what happens the 24 hours after that deal is made? We're now getting issues in the West Bank. We're now hearing about issues in Yemen. We've now got Hezbollah that's reinforced. I mean, look, what do you think they're doing with cash? Right. What deal do you make where someone says, I'll bring a box of money to you? What do you it's this is a state sponsor of terrorism. They haven't changed. By the way, their president is now in New York City addressing the United Nations. This guy's killed 6500 of his own people. He admits to it. He killed the students that revolted and wanted democracy when we did nothing. He killed 5000 of his citizens in 1988. He's killed over 300 Americans. There's no accountability whatsoever. I don't understand what it is about Jake Sullivan and Tony Blinken that believe that Iran is a partner. All you've done 10 years ago, they were refining 10 percent of their oil. And now they're a force. Now they're working with Maduro in Venezuela, and they're a huge part of their members of of the international community. They're in good standing there. I don't get it. Does anyone believe that the Iran nuke deal? Look, we got hit with cruise missiles under Trump in Iraq. How did they have those cruise missiles? Those cruise missiles were illegal under the Obama nuke deal. So how are you refurbishing missiles in two years? Do we believe that their centrifuges have stopped? That they won't have a program if they don't have one already? No, I mean, I guess my question, David, is how I mean, I know that you pay a lot of attention to this stuff, but how do people like in the media not ask these questions? Right. I mean, these are legitimate. I mean, we just traded to I put this on my notes here. This is on the heels of trading a WNBA basketball player for the Merchant of Death like six months ago. Right. I mean, and again, I'm glad Americans are coming back to America. I don't want to sound pessimistic on that. That's great news. But we also I mean, this this stuff just seems like I don't care what side of the aisle you're on. It warrants questions, but nobody seems to care. I'm in the world that if you take hostages, we take hostages. You want to exchange people? We'll exchange people. You know, we definitely have the partners in the area to do that. For whatever reason, this administration, they're they're they're contrarians. They're contrarians to you know, they claim Bush and Cheney are their best friends, yet they just go 180 degrees from that doctrine. I don't know what the Biden doctrine is. I don't know what Bidenonomics is either, but I could tell you that they believe that Iran is a partner. Now, here's another thing. Our envoy to Iran not only is no longer the envoy, he doesn't have a security clearance. Does anyone curious at The New York Times as to what happened to the lead negotiator in Iran that is escorted off a bus, taken into American custody, given a job at Yale or Princeton or wherever he's working now? I've never heard of a person going from top secret classified negotiations to no clearance whatsoever and in the custody of American intelligence community. No one cares. No one cares at all. It's fascinating. And again, for me, I mean, these are big decisions that we're making. And correct me if I'm wrong, but it used to be, you know, maybe we did a two for five deal and then we made the six billion. Now we're like, we're giving stuff away and we're on the losing end. Correct me if I'm wrong, but America was never, you know, America losing. It was always America winning, right? America getting the best of deals. At least McDonald's has a five for five. We didn't even get that. You know what this does though? Honest to God, if you're thinking about traveling overseas, things go sideways, cartel, South America, Mexico, wherever you're going, you have a price in your head now. No one in their right mind is going to bring you back whether it's Haiti or wherever you are, you're worth $1 .25 billion. And thugs and scumbags are going to take advantage of that. I mean, that's a great point too. Do you think about leaving the country? I don't know anymore. That's a little bit concerning. I don't care where you're going, right? That's concerning. This one I just had to bring up because it happened two days ago or yesterday. How do we lose a plane? And I heard that's like a third one in the last six weeks that something like this has happened. How are we losing $80 million planes? Well, they're not $80 million anymore because they've got a new engine and all this other stuff. Look, the F -35 program is a complete disaster. You want to talk about why our allies think we're crazy. We sold them a plane. This program has been around since the early 90s and we've got nothing on return for it. So basically two planes are flying in a buddy team. They're doing training and a guy punches out. We don't even know why he punched out, but that plane could have easily hit a building. It didn't, thank God. But the wingman didn't follow where his buddy went. So what is he doing? He just kind of went on and did his own thing. And now the Marine Corps put a Facebook post like a dog is missing. We're expecting the Ukrainian farmers to carry the F -35 out with their tractors. I don't know what the point of it's wild. Look, stop embarrassing us. Just stop humiliating us. That's all I'm asking. Just be the army and the Marine Corps that we know our men and women are capable of being. Get out of their way. This gender garbage, this social experiment nonsense, stop humiliating our military. That's all I ask. Why can we not get the... I mean, I know why we can't get the answer, but I'm asking this to you. But why can't we, at a press conference at the White House, why can't we say, I want to talk to the guy that was in the other plane, or you can tell us the transcript of what happened when that happened. Talk to the guy who jumped out of the plane. Why did you do that? And again, I'm not trying to put our military on the spot, but these are kind of big questions to ask, right? I mean, if I do something in my business, I have to go face the music on that. Why doesn't everybody have to face music for their decisions or why things are happening? I think it's kind of important. Well, you don't want to talk to generals because they're going to tell you the truth and they won't be generals anymore. True. And you don't want to talk to enlisted people. Because look, I mean, let's be honest. How many people are... Is this a merit -based military anymore? Do we have a meritocracy? Are we promoting people based on pronouns? Go figure. When we're putting politics above military strength, accidents happen. We don't know the facts, but the fact that nobody cares about getting to the bottom of it, the day of the Pentagon paper reporters are gone. Yep. Yep. Let's just talk about the 2024 race quick, and then we will wrap up for today. So your thoughts on the Republican primary so far, I'll stay away from the Democratic side till the very end, but your thoughts on, you know, there's obviously Trump who is now in a, has a huge lead. Ron DeSantis seems to be crumbling underneath himself. Vivek Ramaswamy has jumped up in the polls. Nikki Haley's there. Tim Scott's there. A few others that probably aren't going to get a lot of votes. Chris Christie's the anti -Trump candidate. Mike Pence is, I don't know what Mike Pence is. I'm not really sure. Your thoughts about the whole field so far? I mean, look, it's impressive. They've got a deep bench. There's a lot of diversity. I, you know, none of it matters. Trump is the guy. The more you indict him, the more you empower him. You know, I'd like him to work on his communications a little bit better. You know, but if Trump is Trump, Trump is a Frankenstein monster of Barack Obama. As long as you have that faction, you're going to get, you know, Trump is going to be empowered. I just don't want to see Governor Noem anywhere near the White House. And I, if he's going to pick a running mate, you know, it's hard to find an ally here, you know. But it would be nice to find a governor. I don't want to take anyone from the Senate. I don't want to take anyone from the House with the margins that tight. But I mean, the idea that Governor Noem is being floated right now. I mean, I'd rather take North Dakota. Yeah. A little sled there. You know, it's funny you mentioned that because I saw a lot of that this weekend. I mean, can we just, for lack of a better term, keep it in our pants for about a year and then do what you got to do? It really is. I mean, every time you turn, somebody's doing something idiotic, whether it's Boebert. And again, I say this, David, a lot of people know who you are. A lot more know who you are than they'll ever know who I am. But when you go out in public into a movie theater like that, and I'm going to Boebert, not Noem for a second, you're, you're extremely well known. I don't care if it's dark or if it's as light as it is in the studio right now. What are you thinking? I, you know, she's, she's, she's an embarrassment. She is. She's bad, too. Who would have thought that Marjorie Taylor Greene would have been the, the oasis of the Maryland? I mean, seriously, I, again, you're, you're in Congress every day. You're out in public, you're on the job. You know, at least she wasn't wearing a hoodie, you know, that's all in shorts. She was at least dressed for the occasion, but I, it was, it's wildly embarrassing. Vaping, singing, whatever you're doing. Getting groped. Yes. Who is your VP candidate then? Because I think, you know, you have names thrown around. There's, there's, the vague has been thrown around in there. You know, Byron Donald's has been thrown around in there. Carrie Lake has. I don't know. I love Carrie Lake. I just don't know that Trump needs to go with somebody so divisive there. I think he's got to go with somebody that's, that's firm in their beliefs, but also not maybe going to turn off half the country. Well, you know, it's, it's impossible. One of the, one of the problems with making Trump, you know, the, the enemy of the state that the left has done is that you've really made it difficult for him to even put a cabinet together. You know, I mean, what are you going to do with it? You've got a lot of loyalists out there. You know, the vague is, is I think maybe the most intelligent dynamic candidate we've ever seen run for president, but experience does matter. But you know, I love the way he thinks. I love the movement. I don't know if he would even take the job to be honest with it. I don't think he needs it. But you look at a Tim Scott, I think Tim Scott is, you know, there's a whole lot to his message and I think he's, he's got the experience in the Senate, but honestly, you could literally take the Clint Eastwood chair and, and throw it in there as vice president. I'm going with that because this, this from top to bottom, we have to have seismic change in 24. Do you think he would ever choose Kristi Noem at this point with all that now? Yeah, no one knew Mike Pence was a, was a 24 hour story and then he was the vice president candidate. So who knows? I mean, a lot can happen between now and then, but I just, I don't need, you know, let's just pick people on their merit. Let's pick people that are ready to be the president. Imagine this, imagine picking a vice president that can lead the country. If something happens to a 75 year old president, you know, like Kamala Harris. Yeah. Someone like that.
Crypto Cafe With Randi Zuckerberg
A highlight from What You Need to Know This Week (September 21stth)
"Hello, and welcome to the Crypto Cafe with Randi Zuckerberg. I'm your host, Randi. And in this cafe, we embrace newcomers and experts alike to all things at the center of tech disruption and innovation and where that meets up with art and creativity. Our recurring theme is what you need to know this week in the world of tech and creativity. And we like to do it all in 10 minutes or less. I'm delighted to be joined by two of my amazing teammates from Hug. Would love if you would check out thehug .xyz to see how we empower artists and provide tools for artists to take their practice into the next level using technology. But first, let's meet our guest contributors. First, we have Tina Lindell, marketing manager at Hug. Hi, Tina. Howdy. Hello. I'm so excited to be here again this week, Randi. I love it. I love having you back on the show. I'm also joined by Michael Liddig, who is a multidisciplinary artist himself and director of creator programming at Hug. Hi, Michael. Howdy, Randi. All right. So we before get into the topics that both of you brought to the table this week, which are fascinating topics in the world of tech and creativity, I just wanted our audience to know that I'm joined by some extreme athletes here from Hug. So Tina, maybe you could talk a little bit about your kind of epic hiking and climbing adventure in Peru. And then Michael, you can talk a little bit about our epic race that we did this weekend. So Tina, talk to me. I'm so impressed by what you did. So my fiancé is Peruvian, so we had it on our list to go to Peru and hike the Incan Trail, which was amazing. It was the hardest thing I've ever done. I was a fool. I didn't train for it. I still survived. And the way you see the world when you're kind of totally remote, there's no Wi -Fi, there's no computers, there's no TV. It's just you out in nature, hiking through different ecosystems, seeing different kinds of plants, trees, and going up so many stairs. There's more stairs than I've wished to climb again in a lifetime. But kind of you walk for four days and at the end of it, you get to the Sun Gate at the Incan Trail and you can see Machu Picchu. And there's so many things that you can do. It was absolutely incredible. Michael, you're the athlete here. You did something crazy recently, if I'm correct. Well, Randy convinced me to do something crazy, which was do a half marathon up a 5 ,000 -foot mountain, which is such a metaphor of living in the unknown, as Randy could talk about more too, which is when you think you're done with this mountain, there are more mountains ahead of you. So it was a wild, wild adventure. It took Randy and I six hours to do, but we literally, literally crawled through mud together and that will be one of my greatest memories of all time. It was, Michael, I think like crawling under barbed wire through a mud pit with you while like 50 people sang you Happy Birthday has got to be just like one of the greatest memories that I will hold on to. It was amazing. But you know what? I feel like these things show us that, you know, if an idea comes to your head, like hiking the Incan Trail or climbing a mountain and an idea comes to you that gives you butterflies in the pit of your stomach, it kind of means you have to do it. Like if something scares you and makes you a little uncomfortable. And I feel like that's at the root of where we all are at HUG also. There's a lot of things in tech and art that make all of us deeply uncomfortable and it just shows that you're on the right path. So let's get into our topics for this week. All right, so our first, dun dun dun, someone got in trouble. Tina, you wanted to talk about how the SEC came for one of the big digital art projects. So let us know what's on your mind. Yes, so someone did get in big trouble. So the SEC has charged the NFT product and web series Stoner Cats for conducting an unregistered offering of crypto asset securities. So Stoner Cats is a, or was, is a six episode series about talking house cats. It was actually founded by Mila Kunis and was set to star a bunch of celebs, including her husband, Ashton Kutcher, Jane Fonda, Seth MacFarlane, and even Gary Vee and the founder of Ethereum, Vitalik Buterin. It was interesting. What the SEC is citing is back in 2021, Stoner Cats raised $8 million through NFT sales and they sold out in only 30 minutes, which is crazy. Now it's not unusual to see NFT projects promote the utility of ownership is the verbiage we're used to seeing. Where they're getting in trouble is their marketing campaign for Stoner Cats explicitly stated that owning their NFT would promise profits from secondary sales. That is not good. That is exactly why they're in hot water. Now what is interesting, and I want to talk to you guys about, is the SEC actually is citing and targeting memes shared from the Stoner Cats Twitter account as a violation. And what I think is funny is when we think of marketing, we think of TV commercials, we think of banner ads. We think of all kinds of memes. And I think that memes are a very powerful way to leverage visual language and common culture to spread a message. And that's exactly why brands and businesses and individuals need to be careful about what kind of memes they share. So what do you guys think? It's so fascinating. And you know what, honestly, I had a lawyer on the show a few months ago who was saying that you can't even use a rocket ship emoji in a press release or anything because even these visual images that we've gotten so used to using can connotate profits and success in business that you can't guarantee. So I think it is wild that we're now having to think about memes and emojis. And is that over promising things in business? But Michael, over to you. I'd love your thoughts. Yeah. I count this to be something of people were really excited about a new technology, which was the use of NFTs that you could sell them on the secondary market. And I remember when this came out, I was so excited that artists could be able to actually raise money on their projects in a more, what I thought was effective way. And so while I agree with what the SEC is doing, and I think it's good to put these guardrails on, I also think it will in some ways give us more opportunity in the future to really determine what does an NFT do, which is it provides utility, that's it, bar none, nothing else. And so it can challenge us to say, what does that utility unlock? Is it simply just art? Or is it something that unlocks something? So yeah, it's a complex thing, right? Yeah, very, very complex. And, you know, in some ways, I think it's a good thing that we're seeing more regulation in the space, because there were a lot of bad players and a lot of what kind of just blatant money grabs that were going on. On the other hand, I'm not sure that it's like the best use of anyone's time to be policing the use of memes and emojis. So hopefully we'll come to a happy medium in between these things. But Tina, thanks for bringing such a fascinating discussion topic to the table. And for our listeners out there, I'd love to hear what you think about the use of marketing materials and memes and emojis that could potentially get a company in trouble. All right, Michael, over to you. You wanted to talk a little bit about AI chatbots and how it's getting harder and harder to actually tell if you are chatting with a human or AI. Tell us more. Yeah, so talking about creativity, you know, an article just came out that AI chatbots on average showcase creativity rivaling most human participants. So that's pretty amazing, right? So we're saying now that the tools and the technology we've created on average is about the same type of creative thinking. Here's the caveat. It did not outperform the top creative thinkers. And so when I think about this, I'm thinking about how technology and tools is enhancing our creative thinking, but not taking it away. I remember like, you know, 20 years ago, when I wanted to go work on an artistic project, and I had to go to the library, wah, wah, wah. And I had to go to this thing called the image library in New York City. And I had to like go in the stacks and find all these images. Cut to five years later, I could literally Google that and Google image and find all those images super, super quick. So I'm seeing that these things become more efficient over time and challenges us to ask better questions to think in broader terms when it comes to our creative thinking. And so I think this is a good thing. Tina, your thoughts? Yeah, this is so exciting to me, because it brings me back to a quote I haven't thought about in a long time. And it's creativity is a muscle. The more you use it, the stronger it becomes. And we're seeing here, whether you're an individual or even an AI, the more you kind of work this creative muscle, the better and, you know, more imaginative it's going to become. So me, I'm a creative, I love to write poetry. So how do I get started writing poetry, I read a lot of poetry. And so this is exactly what these AIs are doing. They're taking in a lot of information and then creating output from that. That's exactly what humans do. So I see it as a challenge that if there's a world where AI is outperforming creativity, that tells me I should really work harder on my creativity. So I can become that top performing human that AI can't beat. Brandy? Yeah. Okay. It's so interesting because I remember, I mean, even back in college, we were studying, you know, like what happens when you are like, it was almost like can computers think that question, you know, posing that question. It's like, if you can't tell if you're having a conversation with a human or computer, does that mean that the computer is thinking? And how do you know? And I feel like now AI is raising all these same fascinating questions about just like what humanity means. And what like thought in conversation and creativity. So sorry, I'm clearly just having an existential crisis over here. I'm not really like answering either of your questions. I'm just spiraling. But it is it's both exciting and terrifying, don't you think? Oh, yeah, I think of like, Yuval No Harari's book Homo Deus, which is this ultimate potential question of are we are we going to merge with machines like this week, this week, Neuralink got permission to do human trials. Can you imagine? So people will now be able to put the Neuralink brain chip into their head. So what does this mean? Are we are we be like you said, Randy, am I having an existential crisis? Are we becoming half robot, half human? I mean, I kind of welcome our robot overlords, you know, like just bring it bring it on in our final moments together, because we have promised our listeners 10 minutes and I could talk to you guys for hours. Michael, tell us a little bit about what you're working on at hug right now and what you're excited about. And then we'll over to you, Tina. Yeah, super excited about a few things. One is a big partnership. You know, I lead education at hug. So I'm always thinking about what kind of insights can we provide artists around selling their work, getting their work out there networking. And we've been working hard as we shop around how we can educate creators around how to use this more effectively and diversify their income. So that's where my brains at a lot these days. What about you, Tina? Well, kind of piggybacking on your comment about this print shop we're launching. So we're inviting guest curators to help us pick the art that will be sold in the print shop. And today we just opened a call to look for spooky, scary, like Halloween art. To sell in October. I'm so excited. I love fall. I love Halloween. I love ghosts and scary things. And we've invited one of my favorite artists, Mumbot, to guest curate for that. She's so much fun. She has these ghost characters in her art. She originally made these characters to share with her children. And so very excited to see what kind of spooky, scary Halloween art comes her way. I am all about the spooky, scary Halloween art. So I'm going to be all over that that print shop and everything else. Thank you both so much. Tina, Michael, always a pleasure to chat with you about everything from the SEC cracking down on memes to A .I. chat bots becoming more human like to all of our extreme athletic adventures together and apart. Wonderful to chat with you both. Definitely encourage everyone to check out Thehug .xyz. Tina, Michael and the rest of the team are doing an extraordinary job bringing opportunity and resources to artists of all kinds out there. Join us next week for a brand new episode of What You Need to Know here in the Crypto Cafe with me, Randy Zuckerberg, and my incredible Hug contributors.
The Mason Minute
Weather Delays (MM #4564)
"When you've been on Earth as long as I have, you often wonder when something changed because you remember growing up it wasn't that way and now it is. For example, weather delays in football. Growing up, they played in all sorts of weather. Football weather was always cold and nasty and there'd be snow, there'd be rain. But in the last few weeks, we had a weather delay for lightning when Vanderbilt was playing Hawaii. I know Notre Dame had one last weekend of the University of Alabama. The University of Tennessee had them as well. They're all weather delays for lightning. Now, it hasn't always been that way, but I wonder is it getting more prevalent because of climate change, because we're getting more lightning storms, or is it something that's been around I just didn't notice back in the day? I truly don't know the answer. I've spent hours looking on the internet to find out when we came up with this half -hour delay for a lightning strike. They do it with concerts too here and we have it all the time here in Nashville. We have very volatile weather. We get a lot of lightning storms. I don't remember as a kid. Did we have that much lightning? I know it's things I think about late at night. Weather delays. They're getting more frequent. Or is it just me?
The Mason Minute
Weather Delays (MM #4564)
"When you've been on Earth as long as I have, you often wonder when something changed because you remember growing up it wasn't that way and now it is. For example, weather delays in football. Growing up, they played in all sorts of weather. Football weather was always cold and nasty and there'd be snow, there'd be rain. But in the last few weeks, we had a weather delay for lightning when Vanderbilt was playing Hawaii. I know Notre Dame had one last weekend of the University of Alabama. The University of Tennessee had them as well. They're all weather delays for lightning. Now, it hasn't always been that way, but I wonder is it getting more prevalent because of climate change, because we're getting more lightning storms, or is it something that's been around I just didn't notice back in the day? I truly don't know the answer. I've spent hours looking on the internet to find out when we came up with this half -hour delay for a lightning strike. They do it with concerts too here and we have it all the time here in Nashville. We have very volatile weather. We get a lot of lightning storms. I don't remember as a kid. Did we have that much lightning? I know it's things I think about late at night. Weather delays. They're getting more frequent. Or is it just me?
Smooth Jazz Weekend Radio Show
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