Podcasts about Ico

The boys get together in person as CLARITY falls short with 47 votes. They break down what comes next, Hunter Biden's LAPTOP token collapse, the Robinhood/Hyperliquid case, Balancer winding down, and the debate over an AI pause. The CLARITY Act fails cloture with 47 votes, not a single Democrat in favor, and the crew works out what that leaves behind: rulemaking at the SEC and CFTC, an ethics fight that was never really about market structure, and Robert's tally of everyone who walked away with nothing. Then Hunter Biden's LAPTOP token collapses 99.85 percent, the SDNY indicts two Robinhood engineers over Hyperliquid front-running, Balancer and a wave of exchanges wind down, Robert explains why Satoshi is a time traveler, and the panel takes apart the labs' agreement to pace the frontier. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights

The boys get together in person as CLARITY falls short with 47 votes. They break down what comes next, Hunter Biden's LAPTOP token collapse, the Robinhood/Hyperliquid case, Balancer winding down, and the debate over an AI pause. The CLARITY Act fails cloture with 47 votes, not a single Democrat in favor, and the crew works out what that leaves behind: rulemaking at the SEC and CFTC, an ethics fight that was never really about market structure, and Robert's tally of everyone who walked away with nothing. Then Hunter Biden's LAPTOP token collapses 99.85 percent, the SDNY indicts two Robinhood engineers over Hyperliquid front-running, Balancer and a wave of exchanges wind down, Robert explains why Satoshi is a time traveler, and the panel takes apart the labs' agreement to pace the frontier. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights

Amy Lawrence is Chief Privacy Officer and Head of Legal at SuperAwesome, where she leads global privacy strategy for technology and media products designed for young audiences. An expert in youth privacy and digital regulation, Amy advises on building adtech services and responsible advertising in compliance with COPPA, GDPR, state privacy laws, and age-appropriate design codes. Previously, she was with Epic Games helping modernize the global privacy program and regulatory engagement.Amy began her career in private practice, focused on privacy compliance in media and entertainment. She holds CIPP/US and CIPP/E certifications and is admitted to practice in California and New York.References:* Amy Lawrence on LinkedIn* About SuperAwesome* Meta agrees to pay $18 billion to settle US lawsuits over children's social media addiction (Reuters, August 28th 2026). The company denied wrongdoing and agreed to restrict teenagers' use of Facebook and Instagram ​to two hours a day and block all usage from midnight to 6 a.m., absent parental consent.* Reddit issued with £14.47m fine for children's privacy failures (ICO, February 24th 2026)* Yoti: “Thoughts from our CEO: Spanish regulator AEPD fining Yoti” (€950,000, March 27th 2026)* California AB-1043, Age verification signals: software applications and online services. The law enters into force on January 1st 2027, with OS providers (iOS, Android) required to collect a date of birth during the initial device or account setup, subsequently passing age signals to specific apps via API -consisting of age brackets.* AI Sentinel: Future-Proof AI Governance (hosted on TODO.LAW, free)* InScope (North End Law): Which privacy/AI laws apply to your company? This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.mastersofprivacy.com/subscribe

The Illinois College of Optometry has for a couple decades held a Practice Opportunities Symposium.  The 2026 event was coordinated by Dr. Alyssa Lancaster, Assistant Professor of Optometry and Practice Readiness Curriculum Coordinator at ICO.  Under the leadership of Dr. Mark Colip, President, ICO continues to support students along their academic journey by bringing forth opportunities for experiences that bring them close to alumni who can bring them broader value.    In this episode, Sandbox Stories was afforded the opportunity to record the Lessons in Leadership sessions that were held with three incredibly successful ICO alums, including: Dr. Rich Mangan works for Sun Pharmaceuticals and has held a number of leadership roles including in tertiary care management between optometry and ophthalmology.  Dr. Tessa Sokol owns Sokol Advanced EyeCare in Madison, WI, and has a history as a leader in state optometric association work and is a key opinion leader and public speaker for a number of eye care industry product vendors. Dr. Pete Kehoe works in professional affairs for EyeMed after a longstanding career in practice ownership in Galesburg, IL, and leadership in the Vision Source doctor alliance. Each Doctor speaks about leadership traits, the impact of mentors on their careers, and shares insights to students that can be applied to anyone in the eye care industry.  The conversations cover a lot of ground and include three separate conversations with each featured guest, but also a final wrap-up session in which all three give input on the same question or prompt.  They even give insight to their most memorable ICO faculty member!   The Stories within the Story: 0:30 Dr. Jens Intro 1:23 Illinois College of Optometry President Dr. Mark Colip, on the Practice Opportunities Symposium and Its Impact on Students 5:35 Lessons in Leadership with Rich Mangan, OD, FAAO 31:48 Lessons in Leadership with Tessa Sokol, OD 58:00 Lessons in Leadership with Peter Kehoe, OD, FAAO, FNAP 1:23:06 Lessons in Leadership Roundtable

Send us Fan MailWelcome to the Serious Privacy podcast, where Paul Breitbarth, Ralph O'Brien, and Dr. K Royal cover a week in privacy, enforcement actions, breaches, settlements (dud you see the one with Meta?), and more. Check out this website for visualizations of data breaches https://informationisbeautiful.net/visualizations/worlds-biggest-data-breaches-hacks/  If you have comments or questions, find us on LinkedIn and Instagram @seriousprivacy, and on BlueSky under @seriousprivacy.eu, @europaulb.seriousprivacy.eu, @heartofprivacy.bsky.app and @igrobrien.seriousprivacy.eu, and email podcast@seriousprivacy.eu. Rate and Review us!Subscribe today HERE Back the Board Game!  https://www.kickstarter.com/projects/seriousprivacy/serious-privacy-the-data-gamePowered by TrustArcFrom Season 6, our episodes are edited by Fey O'Brien. Our intro and exit music is Channel Intro 24 by Sascha Ende, licensed under CC BY 4.0. with the voiceover by Tim Foley.

Keith explores how real estate strategies have shifted from the 1980s to today and explains why investors need to adapt deal structures to changing interest rates, lending conditions, and market cycles.  He highlights current opportunities in new construction and builder rate buydowns, along with the long-term benefits of fixed-rate debt.  Keith is joined by economic futurist and author Richard Vague, who challenges conventional beliefs about inflation and interest rates and explains how government intervention, war, and supply constraints shape asset prices and leverage decisions. Together, they provide a big-picture framework for understanding how today's macro environment affects real estate investing decisions. Episode Page: GetRichEducation.com/621 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Join Mid South Home Buyers' one-time, free live webinar featuring Keith Weinhold on September 30 at GetRichEducation.com/MidSouth to learn how Memphis' economic expansion could create new real estate investment opportunities, and have your questions answered in real time. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host Keith Weinhold. Learn how dramatically real estate has changed from the 1980s through the late 2020s. We'll be sure that your approach is changing with it. Then a great guest and I discuss how war and future calamities will affect mortgage rates, inflation, and your real estate today on Get Rich Education. What if I told you that one of America's strongest cash flow real estate markets is also becoming the new brains and brawn behind AI? That city is Memphis, believe it or not. In September 30th, we're going to show you why the smart money is paying attention now, along with an investing opportunity you won't want to miss. Join me, Terry Kerr and Matthew Van Horn of Mid South Home Buyers, the largest turnkey company in Memphis with more than 6,000 homes under management, for a free live webinar, the likes of which I've never done before. We're going to look at what billions in new investment could mean for jobs, housing demand, neighborhood appreciation, and your portfolio. Everyone who attends live will also get exclusive access to the best deal terms Mid South has ever offered. Reserve your free seat at getricheducation.com/midsouth. Again, that September 30th. Don't say we didn't tell you. Save your spot at getricheducation.com/midsouth.   Speaker 1  1:35   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  1:51   Welcome to GRE from Cambridge, England, to Cambridge, Massachusetts, and across 188 world nations. I'm Keith Weinhold. You're inside Get Rich Education. You could be doing anything with your time. I'm grateful that you choose to listen to me every week. You know, real estate investors sometimes say, "Ah, there aren't any deals anymore. What they usually mean is the deal structure that they learned five years ago stopped working. There are always opportunities in real estate, but your approach changes with interest rates, lending standards, inventory, construction, government policy, and just the overall economic cycle. The best investors don't wait for yesterday's market to return. That's like someone still hoping for Blockbuster Video Store to reopen. They identify what today's market is offering instead. Just consider this historic retrospective on real estate investing from the Reagan administration to today, in 1981, the 30-year mortgage rate peaked above 18.6%. I mean, just imagine proudly telling your friends that you locked in at 17% before rates went higher. That mortgage needed its own defibrillator. By 1984, rates were still near 16%. The strategy then, the approach, was for a buyer to assume the existing owner's lower rate mortgage that they locked in a few years earlier, perhaps in the late 70s, that's how you got a good deal, assuming that existing owners lower-rate mortgage. You can't do that so easily today.   Keith Weinhold  3:50   By the late 80s and early 90s, the opportunity shifted from assuming attractive debt to buying distressed properties. The S and L crisis was upon us. Savings and loan failed lenders found themselves holding piles of distressed real estate, so investors bought foreclosures and REOs at discounts. They improved neglected buildings and then they repositioned them for income. You probably know that REO stands for real estate owned on a bank's balance sheet. All REO means is bank-owned property, but that's what you did. You found those, and then you scooped up a deal that way. As the 1990s progressed, interest rates declined, and loans also became really easy to obtain. We were tilting into the loosey-goosey easy lending environment. In the 90s, it was popular to buy an undervalued property, renovate it, raise the rent, and refinance it based on the improved value. That process later got a buzzy acronym and became known as the Burr strategy: buy, rehab, rent, refinance, repeat. By 2005, financing got more creative. This is when I was a new real estate investor. I remember obtaining what were known as 8015 five combo loans. This meant an 80% first mortgage, 15% second mortgage, and 5% down payment. You remember those? If you've been around for a while, you do. And see, this way you could avoid paying PMI, and you could control property with an astounding 20 to one leverage ratio due to that 5% down payment, but soon enough lending just got absolutely too creative and easy. The quiet lending party turned into a boisterous kegger, delivering the 2008 financial. crisis, and pretty soon I could no longer get any loans. From 2009 through the early 2010s, you could buy foreclosures and short sales at enormous discounts if you could find the loan.   Keith Weinhold  6:20   Financing was tough, but prices were super low. It might have even made sense to pay cash at that time. Fear was everywhere right after the global financial crisis. I mean, it really took courage to act when others were hiding under the bed. By 2020 and 2021, the opportunity changed from cheap property to cheap money. Mortgage rates dropped below an absurd 3% as a result of the COVID pandemic. You could lock up extraordinarily cheap debt for less than the inflation rate, and then let inflation nibble away at it like Pac-Man. Of course, a lot of us are still benefiting from that today, but that opportunity is long gone now. But it doesn't mean that deals are gone today. Where's the opportunity? One of the best ones is often found in new construction, large build. have got to keep moving their inventory as they build these homes because they have got to keep their crews busy. An unsold house for a builder-I mean-that produces as much income as an unplugged Bitcoin miner. Rather than make conspicuous price reductions, builders use their financial muscle to buy down mortgage rates for you, often in the 5% range or even lower.   Keith Weinhold  7:52   Builders might also offer you closing cost assistance, upgraded finishes, or other incentives that a single resale seller just can't match. So from the Reagan administration to today, over 45 years, the winning strategy just keeps morphing. It started out back then as assume the loan, over to buy distress, then to renovate and refi, then it was a creative financing wave, and then cheap debt, and today take the builders buy down. That's where we are. The mistake is deciding in advance what a deal is supposed to look like. The best deal structure changes, and of course, it's going to change again. The investor who keeps fighting the last war is always going to conclude that the opportunity has disappeared, but it hasn't. It's just changed clothing. Still, though, today's new purchases now-they're not as good as the deals that they were five years ago, but the best investors keep investing. They keep adding to their portfolio. It's what they've always done. Absolutely zero winning investors that are successful over time look back and say things like, "I didn't add anything to my portfolio during that 10-year span for this or that reason, the market changes, and you've got to adapt with it. That's a way to think about it. Take solace in knowing a few things. Deal structure changes over time are inevitable. And larger picture, you are investing in a product that is sustainable residential real estate in the form of long-term rentals. These entry-level properties are a scarce asset that people are going to continue to need. I mean, that's what we do here. Just compare. To the fads that we avoid around here, like NFTs, metaverse real estate, which we discussed on the show a few years ago, but said is highly dangerous, eye buying, value add apartment syndications, SPACs, or how about ICO funded altcoins? We don't chase the latest hot thing here at GRE. It is about what's sustainable, necessary, and cannot be easily disrupted by AI, and that's one reason that Get Rich Education is still standing strong after 52 episodes every year for almost 12 years now. Shortly, we're going to bring in a rather esteemed guest today on the future direction of interest rates and inflation. Interestingly, he believes that raising interest rates does not cool inflation, and that's contrary to popular belief. I'm going to press him on this and ask why, but first, our new Fed chair, Kevin Warsh. He's only been on the job a few months now.   Keith Weinhold  11:07   He is gaining a reputation for not forecasting what they're going to do ahead of time, like his predecessor had. I guess I tend to like his disposition and the way that he communicates, I sense some pragmatism with Warsh, but gosh, it often seems that a new Fed chair gets off to a well liked start, and then they do something that lots of people criticize. Like, remember in 2004, late Fed Chair Alan Greenspan suggested more borrowers could benefit from adjustable rate mortgages shortly before rates rose and ARM resets became financial landmines. In 2007, Ben Bernanke said that subprime mortgage problems were likely to be contained. Oh, right after that, they helped trigger the global financial crisis, and more recently, the Jerome Powell gaffe, which I'll mention in the interview shortly. Here's what current Fed Chair Warsh says about inflation:   Kevin Warsh  12:14   For some households, businesses, and market professionals, five years of high inflation have left a mistaken impression, that's hard to shake, that the Fed's implicit inflation target was somehow above 2% Let me reiterate, there is no soft inflation target. There is no soft implicit target, not on this committee's watch. There's only a target, and it's 2%   Keith Weinhold  12:42   It's obvious that he is serious about getting inflation back down to 2% That tends to point toward interest rate increases. Let's discuss that and more with this week's brilliant guest. This week's guest is an economic futurist keynote speaker, and he's quite a popular author. He is chair of the board of the Public School Employees Retirement System. That's the largest public pension fund in Pennsylvania. Previously, the Pennsylvania governor appointed him as the secretary of banking and securities for the Great Commonwealth of Pennsylvania, he's also the founder and president of several various organizations today, and he serves on several boards, including at the University of Pennsylvania and the School District of Philadelphia. I mean, I hardly know how he has time to do it all, but he made time for us today. Hey, it's great to welcome back Richard Vague.   Richard Vague  13:45   It's such an honor to be with you. I certainly enjoyed our last session, and it's really wonderful to be back.   Keith Weinhold  13:51   Well, and so much has changed since you were last here, Richard. First, why don't we pull back and talk to us about the general state of the national economy today, as you see it.   Richard Vague  14:04   ou know the economy was rocking along okay, and you know since you guys are such experts in real estate, I'll tell you one of the most important statistics, in my opinion, is the number of unsold homes, and by all rights, that number should be about 2 million homes. It's only about a million and a half. So there's a deficiency in our housing stock in the United States, which is, yeah, I think good news for the housing industry. It's always good to have a reason to have to grow. You may recall that in 2007, that had gotten up to four millinomes, which was a catastrophe, as we all know. So, it's the economic statistic I looked at first and most closely, and that was, you know, an okay number, and a lot of the things were going along. You know, not fabulous, but not terrible. Things were kind of moving. And all of a sudden now we have the war in Iran, and that's creating all sorts of problems for us, which you know I think you guys are concerned about. So I generally think the economy's been good, but there's a lot of dark clouds on the horizon.   Keith Weinhold  15:15   You know, Richard, I was recently sharing something remarkable with our audience. To your point, just since 2020, consider all the calamities that we've had: COVID, Ukraine, Israel, Gaza, tariffs, and the Iran War. Just since 2020, what's the result of all that? Both stocks and residential real estate are near all time highs.   Richard Vague  15:42   Yeah, well, you know, one of the things that's true is that this is something I go to in great detail in my book Paradox. But the more debt there is, the higher asset prices go.   Keith Weinhold  15:53   Yeah.   Richard Vague  15:54   You know, in the case of housing, that broadly helps middle America. In the case of the stock market, the top 10% of the country owns 87% of the stocks, so that tends to go to the wealthiest instead of to the broad population. But yeah, those two things are at highs.   Keith Weinhold  16:12   You're touching on your well-received 2023 book, The Paradox of Debt, and you know, Richard, amidst all these calamities and all this potentially unprecedented level of government intervention that we've had-you know-it makes one wonder during the next crisis, which is inevitably going to happen, will the government just step in and provide relief again? And how would that look?   Richard Vague  16:38   You know, I think that's one lesson that government has learned indelibly. Way back in 1929, in the couple of years that followed, the government did not step in, and we saw what happened. And I think there's a generation of economists that understand the role of government in a calamity, and you know it's pretty simple. You know the government comes in and crops up financial institutions as they did in 2008, simply by providing the liquidity or buying the bad assets, or the government steps in with relief checks as they did in such a massive way in 2020. But the government has learned that at least to some degree, it needs to intervene. I can't imagine that ever not being true.   Keith Weinhold  17:26   Goshmright when you think about 2020s stimulus and how emergency lending facilities were set up, you had the payment protection program, stimulus checks, mortgage loan forbearance. It's just like this government won't let the asset holders fail.   Richard Vague  17:46   Well, yeah, you know, there's failure, and then there's something that's hurtful but not quite failure. You know, I can imagine that the government will be able to prevent, in some circumstances, certain asset prices going down some amount, it's actually fairly commonplace for stocks to go down 10 or 20% I can see real estate prices going down as they have in the commercial office space. Yeah, but yes, the government will step in when those things become extreme to prevent a true calamity.   Keith Weinhold  18:19   Of course, one consequence of the interventionism is elevated inflation. I know how you've talked before about how the level of inflation is higher than most people think. For example, you'll see today's CPI numbers in the mid threes. Talk to us some more about why inflation is higher than most people think.   Richard Vague  18:41   Well, I have studied inflation, you know, fairly diligently, and inflation really relates to the constriction of supply. And if you look over the 250-year history of the United States, we haven't had that many episodes of bad inflation, and they've always related to a constriction of supply. Most of them have occurred during a war when, for obvious reasons, you know, supplies are constricted. The big 1970s episode of inflation was because OPEC, which had so much more power back in those days, acted to you know punish the United States by constricting supplies, and the price of a barrel of oil went from $4 to $40 a barrel. Yeah, between 73 and 79. COVID was another instance where inflation related to constriction of supply. That was you know people couldn't go to the meat factory to cut meat. People couldn't go to the factories to build things, so all of a sudden our supplies were decimated, and we had a short burst of very painful inflation. Well, now we've got the straight of four moves, and that is impacting the price of oil. I think it's going to impact the price of oil more going forward because. Because we've been able to rely on reserves, both the U.S. has been able to rely on reserves, and China has been able to rely on even greater reserves. And you know we haven't seen the brunt of that, but unless something's resolved pretty quickly, I think in the fall and winter we're going to see even more problematic prices there. But we know agricultural prices and even the flow of commodities like wheat are constricted by the constraints in the Strait of Hormuz and, frankly, other waterways as well. Now, one of the things the numbers that you see reported tend to underreport inflation because it looks at a year-over-year number and doesn't really capture it if it's moved up more sharply in the last month or two. So we look at it on a month-by-month. We you know we break it down about as to as many parts as you can break it down into. But PPI, which is kind of a leading indicator on the eventual CPI PPI's producer price index, it was 4.7% this last month. That would suggest to you that things which are in the mid threes now, which is more higher than we want, you know, probably trending over. Maybe not next month, but you know, over the next three to six months, I'm not going to be surprised if the number's more in the four to five range. So, yeah, I think inflation's being somewhat underreported at the moment.    Keith Weinhold  21:29   The PPI being that harbinger of consumer prices, often four to six months down the road. And Richard, the last time you were here, when it comes to checking and controlling inflation, you said something so interesting. You said that higher rates, which is typically the response in order to try to quell inflation, higher rates actually do not lower inflation, and you did not get a chance to expand on that because we ran out of time. Tell us more about why higher rates do not reduce inflation.   Richard Vague  22:05   Well, I'm going to answer that a couple of ways. One of them is higher rates don't open the Strait of Hormuz.   Keith Weinhold  22:12   Right.   Richard Vague  22:13   You can put rates as high as you want, and it's not going to open the Strait of Hormuz.    Keith Weinhold  22:16   Chairman Warsch doesn't open the Strait. Yes, he doesn't get oil produce nothing.   Richard Vague  22:20   Strait of Hormuz.   Keith Weinhold  22:21   Yeah.   Richard Vague  22:21   And so we can do all we want to on raids, which is a very blunt instrument, and it's not going to address the supply constraints that are geopolitical and war related. So, if you want to curb inflation right now, there's two things to do. One of them's you know end the war with Iran, and the other is to kind of back off a lot of these tariffs that have become so problematic. I think there's a place for tariffs. I think there's certain things China's doing that you know a call for an appropriate level of tariffs. I'm not sure we should be big tariffs on Canada and some of these other places, which have the effect of increasing the cost of our farm equipment and cars and other things like that. So, if you really want to address inflation and address the things that truly underlie inflation, and if the second way I'd answer this is to say, go look at the debt, track the data from you know 1945 or 50. You know, we really look at the post World War II period as the place we really learn things from, and over that period, increased government spending has been accompanied by reduced interest rates and reduced inflation. So, reduced interest rates and reduced inflation have gone hand in hand, and rising interest rates and rising inflation have gone hand in hand, and it's a really easy thing to look at. We've got the data on our site, but there's only been three periods where you've had big shifts in government spending and rates. They're pretty easy to look at, and there's actually empirically an inverse relationship between rising interest rates and it's the opposite of what economists tell you.   Keith Weinhold  24:09   I think, in general, economists tell us that when inflation is high, you raise interest rates because consumer spending is about 70% of the economy, and those higher rates therefore incentivize people to be savers because they're getting paid a higher yield, keeping those dollars out of the economy, and they're less incentivized to be borrowers and expand the economy that way. I think in general that's why economists say that higher interest rates reduce inflation. Do you agree with that?   Speaker 2  24:40   Well, no, I don't, and the reason I don't is because when you look at the data, that doesn't happen. These are easy things to check, and what I would say to you is that rising interest rates increase costs, and you guys know that better than anybody in the world.   Keith Weinhold  24:56   With mortgages. Yeah.   Richard Vague  24:58   What do rising interest rates do to? Cost of your mortgage.   Keith Weinhold  25:02   Everything increased substantially.    Richard Vague  25:03   It has system prices at the grocery store. Well, the grocery stores have to pay our interest for their inventory. So the more intuitive and obvious thing is that rising interest rates increase prices. And by the way, if you and I were to go look at the data right now, which I look at almost daily, that we would see periods of rising interest rates correlate to periods of rising increased costs.   Keith Weinhold  25:29   Well, I'm glad you look at history because I often say here at Get Rich Education, if you want to know what's going to happen in the future, it's easy to have a hunch, but it's more important to look at history. Can you talk to us some more about how, over the long term, higher interest rates don't suppress inflation? If that's what you're saying,   Richard Vague  25:47   yeah. The greatest rise in inflation, you know, in my lifetime was the late 1970s.   Keith Weinhold  25:55   Yeah,   Richard Vague  25:56   and for the entire time that interest rates were going up, prices and inflation were going up, and it wasn't until interest rates started coming down that inflation started coming down. So we could look at any number of periods, and if you're going to argue the opposite, you need to go find me some data.   Keith Weinhold  26:15   Okay. Well, speaking in more modern times, in the last wave of inflation that we had, the CPI peaked at 9.1% in June of 2022. This is the whole famous Jerome Powell: inflation is only transitory. Oh shoot, no, it's not. I better hike rates. He did, and then inflation came down. Is it as simple as that cause in effect, or did something else make inflation come down post COVID.   Richard Vague  26:42   Inflation came down, and it came all the way down in July of 2022. It didn't come down gradually over six, 912, 18 months. You go look at the length monthly inflation. Inflation came all the way down in July of 2022, and stay has stayed down all the intervening period until very recently with the Iran War. July of 2022 was before there was a dramatic increase in interest rates.   Keith Weinhold  27:18   Right,   Speaker 1  27:19   that's simple.   Keith Weinhold  27:21   What caused inflation to come down? Then is it because supply began to arrive on the market again?   Richard Vague  27:27   People went back to work, started building things again.   Keith Weinhold  27:30   Producing.   Richard Vague  27:32   And the problem was folks had not been able to go to the factories and make things, and so we had a you know global supply deficit. Well, the nice thing about that is that you know money incends people to scramble back to work, make things again, and you know once they start doing that, and the Fed actually produces something they call the Global Supply Chain Pressure Index. You can get it on the Fed site. If you look at it, it's supposed to be kind of at zero, and anytime supply chains are disrupted, it shoots up. And any you know, any time the opposite happens, you know there's overcapacity. It goes down, and you can see exactly when supply chains repair is happening. So go look at the. It's called the GSCPI. It's on the Fed side. You'll see that global supply chains had largely started to be dramatically repaired in the spring and summer of 2022, and naturally, supply and demand works. All of a sudden, supply starts showing up, and prices go to hell.   Keith Weinhold  28:39   We're talking with economic futurist author and Pennsylvania's governor-appointed former secretary of banking and securities Richard Vague, more when we come back on the affliction of inflation, what this means for real estate investors, and more. This is Get Rich Education. I'm your host Keith Weinhold. What if you got your mortgage loans the same place I get mine. You sure can at Ridge Lending Group NMLS 42056. They provided GRE listeners with more loans than anyone because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal and even chat directly with President Caeli Ridge. While it's on your mind, start at ridgelendinggroup.com. That's ridgelendinggroup.com.   Keith Weinhold  29:29   Let me ask you something: If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. In full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call or text family to 66866. That's family to 66866.    Dolph Derues  30:31   This is the king of commercial real estate, Dolph Derues. Listen to Get Rich Education with Keith Weinhold and don't quit your daydream.   Keith Weinhold  30:45   Welcome back to Get Rich Education. We're talking with Richard Vague. Richard is the founder and president of so many organizations today. He's the author of several popular economic books. He chairs the board of the Public School employees retirement system. That's the largest public pension fund in Pennsylvania. He's in a lot of places at once, seemingly. Richard, we're talking about inflation before the break. What is the right inflation rate?   Richard Vague  31:16   Well, like I said, inflation. If you look at the entire 250-year span of the United States has it been an affliction that has affected us that often? It is political kryptonite. So when it does happen, it steers our consciousness, and it you know certainly affects your industry. But you know, if we look historically, the Fed targets 2% It's not a bad thing to target. We never really have achieved that level for any length of period. I think if you look at it over the past several decades and take out the high inflation periods, it probably has averaged closer to three. So I don't think two to 3% is an inappropriate level, and I kind of suspect it'll be a level that typifies our future once we get past, if and when we get past this more.   Keith Weinhold  32:09   Yes, not long ago, I was looking at the history of the CPI or the CPI's equivalent, and over the last 100 years, the rate is about 3.2% and we haven't hit that government-mandated 2% target, which is stated right on the Fed's website. We haven't hit that for any month in about five years now, and this asset inflation, as we know, this disproportionately enriches existing asset owners, and it widens this inequality. Something that's more recently been known as the K-shaped economy, can you talk to us some more about this exacerbating wealth inequality?   Richard Vague  32:48   Well, you hit the nail on the head. Something on the order of 80% of all the net wealth held by Americans is in the form of two things: stock and real estate. If you want to talk about wealth, it's those two things, and those two things, probably 60 or 70% of all of those in the U.S. are held by the top 10% I think it's a single-digit number of those that are held by the bottom 50% So you know, if inflation and debt growth push asset prices up over time. It is a mathematical inevitability that the rich get richer faster than those in the middle and at the bottom, and that simply means inequality will increase through time. I believe that's structural. Unless you address that in very some very specific way it will continue.   Keith Weinhold  33:43   Inflation affects real estate investors more than it does the average person because we borrow these big pools of money often at 75 to 80% loan to value, and in a sense, although we know it's bad for general society, and we do think about the K-shaped economy. Of course, inflation benefits us because it debases our debt. But even if you're not a real estate investor, even if you just own your own home, you know, Richard, I really think it begs the question: Is a 30-year fixed-rate mortgage one of the best forms of debt ever created for ordinary Americans?   Richard Vague  34:22   The 30-year mortgage, which was created, you know, that started on that path in the 1930 s for the very reasons we all know and love, which is getting Americans to own their own home, and has been, you know, a game changer for the country, and truly one of the great things that's been done, and I hope it's something that we continue to defend and preserve.   Keith Weinhold  34:46   Well, that brings up leverage and the prudent use of leverage. As real estate investors, we have this benefit of getting all these 30-year fixed-rate loans without the threat of a. Margin call being made. We're not borrowing over in the stock market. When you sign your loan documents, it doesn't say that the bank can call your note due at any time, but one could take it too far. And when it comes to debt, I think that really begs the question: Where does intelligent leverage end, and then dangerous leverage begin. What's the border?   Richard Vague  35:25   Well, you guys are experts, and I'm not. But the very simple premise is starts with not overpaying for the property to begin with. It is not an exact science, but generally speaking, I think we can tell when prices are relatively high in a given market and or a given year and relatively low, and you you'd always want to kind of be at least in the middle or somewhat on the low end before you acquire a property. So that's step number one, and then step number two is really just giving yourself a buffer, you know. We saw in the global financial crisis that real estate loans were being made in some cases at 100% of value. Yeah, and frankly, we saw at least some episodes within that folks borrowing over 100% of value, and certainly they were very happy when that happened. But we know there's zero margin for error when you do that, and perhaps even a negative margin for error when you do that. So I would think, you know, you guys know better than me, but you know, I hate to borrow it much more than like 90% of value, maybe 95% if it's a smaller asset and you have a government guarantee, and if you can do it at lower leverage, you know, 70 or 80% of value, that's not a bad thing to consider. I tend to think in the real estate world that you know I've seen many investors, particularly in the commercial space, buy things with lower leverage, 50 or 75% But then, as the asset proves itself, they work with their lender to increase the debt-to-value ratio, you know, and get more money at it over time as it becomes an increasingly proven asset. So they migrate their way from 75% to 95% over time. I think that's a logical path.   Keith Weinhold  37:20   That acronym Ninja Loans, which were popular from about 2000 to 2007, that acronym Ninja means no income, no job or assets, and you might still get a loan of 110% of the value of the property. It was profligately irresponsible. Well, Richard, in a moment, I want to ask if you have a resource that our audience can follow along with you if they would like to do so. But before I do that, do you have any last thing that you would like to talk about? Maybe something that I did not ask you, whether it has to do with the general economy or real estate or interest rates or inflations. Is there something else that we should know?   Richard Vague  38:00   What I would do is just endorse your podcast.   Keith Weinhold  38:04   Thanks.   Richard Vague  38:05   You're approaching this in a very intelligent way, and you're very empirical, and I think your listeners are doing themselves a service by continuing to follow what you do. That's a really reasonable, secure, and yet bold path towards creating wealth, then I think you're to be commended.   Keith Weinhold  38:27   Oh, I appreciate the endorsement. I'm always blown away at our following, but you have some resources worth following as well. Tell us about that.   Richard Vague  38:36   Well, we do. We have a weekly video ourselves that it's about a five-minute video, and you can go to our website, which is tycos.com. So t y c h o s.com, and you know we have data on the site. If you're a real geek, you could go in and you can look at our macroeconomic data. You know, but if you're not, you can sign up for the video, and we come out with what we hope is a short but relevant video once a week talking on some aspect of the economy, and you know we'd love to have folks join that if they're interested.   Keith Weinhold  39:10   Well, it's valuable. I suggest you, the listener, check that out. Richard oftentimes turns conventional economics on his head, just like he did with us today, talking about how if there's higher interest rates, that does not necessarily mean lower inflation. Richard, it's been valuable as always. It's been great having you back on the show.   Richard Vague  39:30   It's an honor to be with you. Keep up the great work.   Keith Weinhold  39:38   In this remote interview, I got a beautiful look over Richard's shoulders there on the screen at Center City, Philadelphia, in the ornate buildings there. I will be in that part of the nation again shortly. Big thanks to Richard Vague. If you're looking him up, it is spelled V-A-G-U-E. We've got a. A lot of terrific content coming up on the show over the next few weeks, including fresh takes on building your wealth that you've never heard before. Until next week, I'm your host Keith Weinhold. Don't quit your daydream.   Speaker 3  40:18   Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.    Keith Weinhold  40:46   The preceding program was brought to you by your home for wealth building. getricheducation.com  

The crew sizes up Bitcoin's rebound, the fight to bring Hyperliquid onshore, the SEC's new token fundraising framework, and why Stripe's OpenRouter deal could make AI inference markets look a lot like DeFi. Welcome to The Chopping Block, where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. Tom and Tarun check in from Bhutan after lunch with the king, then the crew tackles Bitcoin's rebound, the path to a compliant U.S. Hyperliquid, the SEC's proposed Regulation Crypto Assets, and the growing overlap between AI inference markets and DeFi market structure. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights

The crew sizes up Bitcoin's rebound, the fight to bring Hyperliquid onshore, the SEC's new token fundraising framework, and why Stripe's OpenRouter deal could make AI inference markets look a lot like DeFi. Welcome to The Chopping Block, where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. Tom and Tarun check in from Bhutan after lunch with the king, then the crew tackles Bitcoin's rebound, the path to a compliant U.S. Hyperliquid, the SEC's proposed Regulation Crypto Assets, and the growing overlap between AI inference markets and DeFi market structure. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights

Roman Storm's retrial slides to April 2027. Peter Van Valkenburgh argues prosecuting Tornado Cash's developers cost real ground in zero knowledge cryptography. ======================================================== Thank you to our sponsors! Visit 1inch to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset you're buying - swap it at ⁠http://unchainedcrypto.com/go/1inch-sn⁠ ======================================================== Treasury Secretary Scott Bessent has declared "economic D-Day" on Iran, leaving an open question over whether the sanctions crackdown reaches Uniswap and Ethereum or stops at Iranian exchanges, where humans are in the loop. Kain Warwick and Taylor Monahan take that gap to Peter Van Valkenburgh, executive director of Coin Center, whose defense of the Tornado Cash developers rests as much on zero knowledge cryptography as on sanctions law. They cover the GENIUS Act's freeze and seize rules for the stablecoin secondary market and Roman Storm's retrial, now pushed to April 2027, where speech protections clash with prosecutors' "frying pan" theory of money transmission. The SEC's proposed exemptions, the stalled Clarity Act, and Trump's Hyperliquid all raise the same question: where does decentralization end and regulation begin? Hosts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Kain Warwick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Host of Uneasy Money and Founder of Infinex and Synthetix ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Taylor Monahan⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Co-host of Uneasy Money and Security Expert Guest: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Peter Van Valkenburgh - Executive Director of Coin Center Timestamps

Roman Storm's retrial slides to April 2027. Peter Van Valkenburgh argues prosecuting Tornado Cash's developers cost real ground in zero knowledge cryptography. ======================================================== Thank you to our sponsors! Visit 1inch to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset you're buying - swap it at ⁠http://unchainedcrypto.com/go/1inch-sn⁠ ======================================================== Treasury Secretary Scott Bessent has declared "economic D-Day" on Iran, leaving an open question over whether the sanctions crackdown reaches Uniswap and Ethereum or stops at Iranian exchanges, where humans are in the loop. Kain Warwick and Taylor Monahan take that gap to Peter Van Valkenburgh, executive director of Coin Center, whose defense of the Tornado Cash developers rests as much on zero knowledge cryptography as on sanctions law. They cover the GENIUS Act's freeze and seize rules for the stablecoin secondary market and Roman Storm's retrial, now pushed to April 2027, where speech protections clash with prosecutors' "frying pan" theory of money transmission. The SEC's proposed exemptions, the stalled Clarity Act, and Trump's Hyperliquid all raise the same question: where does decentralization end and regulation begin? Hosts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Kain Warwick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Host of Uneasy Money and Founder of Infinex and Synthetix ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Taylor Monahan⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Co-host of Uneasy Money and Security Expert Guest: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Peter Van Valkenburgh - Executive Director of Coin Center Timestamps

Recorded in January 2019 and published alongside the rest of the Bitcoin Takeover Podcast Season 1 episodes in February 2019, this interview with John Carvalho is one of the show's early hits and a statement that this initiative is able to feature unique insights from popular bitcoiners. The remastered version features enhanced audio, with some extra EQ and compression. Special thanks to Helen's Pizza for sponsoring this initiative! Time stamps: 0:00 - Intro: Why This Episode Matters 4:16 - Welcome: John Carvalho, the Bitcoin Error Log 5:17 - Bitcoin Politics and the Early Days 6:39 - The Bitcoin Foundation: Ego Platform or Useful Body? 8:53 - First Contact: Silk Road, Forums and IRC 11:40 - Buying Bitcoin in 2012: Mt. Gox, Dwolla and BitInstant 13:20 - The Foundation's Founders and Its Failures 15:45 - The Rebranding Effort and Why It Failed Again 17:04 - The Impossibility of Organizing Benevolent Bitcoin 20:04 - Bitcoin Core, Communication and the Leaderless Project 23:50 - No Official Narrative: Bitcoin's Many Stories 25:49 - Consensus as the Lowest Common Denominator 28:01 - Should Everything Be on a Blockchain? 28:58 - Surviving Market Cycles: Everyone Who Sold Was Wrong 32:46 - Bitcoins Want to Be Free: The Lord of the Rings Theory 34:05 - Roger Ver Attacks Andreas Antonopoulos 37:08 - How Big Is Bitcoin Really? The Coinbase Illusion 40:52 - Media Conglomerates and Hidden Concentration 42:13 - Decentralization Theater and arewedecentralizedyet.com 42:47 - Refusing BitPay and Political Spending 44:46 - Censorship Resistance as Bitcoin's Core Purpose 46:46 - Debunking "Swiss Bank Account in Your Pocket" 48:26 - What Caused the 2017 Bull Run? 51:31 - Stocks as Stores of Value and What Bitcoin Will Cure 53:44 - No College Degree: Comic Books, Punk Rock and Design 56:19 - Massachusetts [Redacted]: Growing Up Arguing 57:21 - Preparing for the Roger Ver Interview 58:32 - The Bcash Moment: Triggered, Not Scripted 1:00:46 - Roger's Debate Tactics: Zoom In, Zoom Out 1:04:36 - Skepticism as a Survival Skill 1:05:32 - Blockstream: Great Developers, Unclear Business Model 1:09:28 - r/btc Conspiracies and the AXA Myth 1:13:48 - Roger's War Chest and the Cost of Fighting Markets 1:18:17 - Will Roger Ever Come Back to Bitcoin? 1:20:40 - Pepe Politics and the Attention Economy 1:22:11 - The Evolution of Bitcoin and the Lightning Generation 1:23:06 - Bitrefill, Gift Cards and the Circular Economy 1:26:09 - Steemit Critique: Gamify, Don't Scam 1:27:16 - Brave, BAT and the Nonsense of Paid Attention 1:30:52 - Hitchcock's Bladder Rule and Final Questions 1:31:55 - Hyperbitcoinization: Hype, Greed and Small Wins 1:35:17 - Nation States Secretly Accumulating Bitcoin? 1:36:29 - Bitcoin and the Shift in Global Power 1:39:32 - Merchant Adoption and the Tax Man Problem 1:42:06 - Bitcoin in 10 Years: Disruption Incoming 1:43:43 - Bitcoin Is a Consensus Ponzi (and So Is All Money) 1:44:26 - The Cantillon Effect and Inflationary Money 1:47:59 - Closing: A Bitcoin Every Thousand Years

Send us Fan MailThe real problem with complaints isn't that people are complaining.It's that unhappy people don't usually show up unless something already went wrong. So when the ICO says it has to triage harder, that's the tension.Welcome to the Serious Privacy podcast, where Paul Breitbarth, Ralph O'Brien, and Dr. K Royal connect with Dom Smith of the UK's Information Commissioner's Office to discuss his role in addressing complaints and changes he has seen over the last 12 years. We'll learn a little about him and how his experiences and perspective over the years has shaped him as a data protection professional.Before you hear the episode, you will first hear an emergency segment to discuss the settlement Meta reached with U.S. states in the children's harm court case.  @trustarc  If you have comments or questions, find us on LinkedIn and Instagram @seriousprivacy, and on BlueSky under @seriousprivacy.eu, @europaulb.seriousprivacy.eu, @heartofprivacy.bsky.app and @igrobrien.seriousprivacy.eu, and email podcast@seriousprivacy.eu. Rate and Review us!Subscribe today HERE Back the Board Game!  https://www.kickstarter.com/projects/seriousprivacy/serious-privacy-the-data-gamePowered by TrustArcFrom Season 6, our episodes are edited by Fey O'Brien. Our intro and exit music is Channel Intro 24 by Sascha Ende, licensed under CC BY 4.0. with the voiceover by Tim Foley.

Hey Podtimists,This week we are joined by a very special guest: Trails through Trail's own, Matt (aka Ponk)! Together we spoke on things like, swimming in paint, red mages, Ico, and PGGC.We also took a deeper look at the strange but EXTREMELY playable Albert Odyssey for the Saturn. It's a good one!Thanks so much to Matt for coming on and hanging out!---Timestamps:(0:00) - Intro(3:20) - Who is Matt?(8:04) - What Matt has been playing(8:41) - Splatoon Raiders(23:31) - Bravely Second End Layer(39:11) - What David has been playing(39:15) - Ico(39:34) - Burnout 3(50:01) - What Chase has been playing(50:33) - Go-go Town(1:00:17) - Fields of Mistria(1:14:37) - Chase's Podtimistic thing of the week(1:16:46) - David's Podtimistic thing of the week(1:19:28) - Matt's Podtimistic thing of the week(1:22:38) - Good Games! Featuring Albert Odyssey Legend of Eldean(1:45:15) - Outro---Games mentioned:IcoBurnout 3Splatoon RaidersBravely Second End LayerGo-go TownFields of MistriaAlbert Odyssey

Pajączku kopaj, powiedział Szymon, i Pajączek kopał, a pomagali mu w tym koledzy. W tym czasie Howard praktykował swoje rzemiosło miłości. I tak powstał kolejny odcinek. SKLEP ROZGRYWKI GRY: MARVEL Tokon: Fighting Souls (0:45:25) DIVE or DIE - Children of Rain (1:13:00) Cthulhu's Reach: Devil Reef (1:27:50) The Sinking City 2 (1:37:30) Infamous 2 / Festival of Blood (1:51:35) KULTURKA: The Odyssey (1:31:35) Spider-Man: Brand New Day (1:45:42) ODCINEK KOMENTUJECIE TUTAJ! Jesteśmy na Spotify! Tu znajdziecie naszego Discorda. Profil facebookowy: Bądź na bieżąco! Grupa facebookowa: Komentuj, hejtuj, śmiej się z nami Chcecie napisać do nas maila? To piszcie tu: kontakt@rozgrywka.online! iTunes: Masz „ejpla”? Znajdziesz nas tutaj Muzyka w tle na podstawie Creative Commons License pochodzi z https://www.bensound.com/ albo z omawianych produkcji. Materiał reklamowy otrzymaliśmy od ICO, Wire Tap Media. Otrzymane pozycje oznaczamy jako materiał reklamowy zgodnie z rekomendacjami UOKiK, ale nie ma to żadnego wpływu na nasze opinie.

Escándalo V16 y crisis industrial: El documento que la DGT ignoró y la verdad jurídica tras el preconcurso de Help Flash Una investigación de OK Diario destapó que el Ministerio de Industria advirtió a Tráfico en 2019 de que la baliza con pilas «pone en peligro la seguridad vial». En paralelo, el principal fabricante, Netun Solutions, entra en preconcurso de acreedores tras recibir 2,2 millones de euros en ayudas públicas. Analizamos junto al prestigioso abogado Carlos Cuesta las tripas jurídicas del preconcurso, el dopamiento de fondos y la preocupante deriva de la automoción en España. La polémica en torno a la baliza de preseñalización luminosa V16 ha dado un vuelco definitivo. Tras meses desde que se decretara su obligatoriedad en las carreteras españolas en este año 2026, la resistencia de los ciudadanos a adquirirla —con una tasa de adopción de apenas el 17% de los vehículos— ya no parece un simple capricho de los conductores. La sociedad no adopta lo que no es creíble. Una investigación liderada por la periodista Andrea Guado, jefa de motor de OK Diario, sacó a la luz un informe oficial y confidencial del año 2019 emitido por el Ministerio de Industria. En él, los técnicos del Estado advertían formalmente a la Dirección General de Tráfico (DGT), dirigida por Pere Navarro, de que el dispositivo que pretendían imponer presentaba graves deficiencias técnicas y, literalmente, «ponía en peligro la seguridad vial». 1. El argumento técnico de Industria: el riesgo insalvable de las baterías El informe destapado por OK Diario incide directamente en la incapacidad física de las balizas autónomas para garantizar su correcto funcionamiento en caso de emergencia. El documento técnico al que se ha tenido acceso expone textualmente la contradicción entre la ocurrencia de la V16 y la homologación europea vigente: «A modo de referencia, el reglamento CP ONU R65 establece que las señales de emergencia en vehículos de obligado cumplimiento para las señales V1 y V2 deben disponer de una fuente de luz conectada a la fuente de alimentación del vehículo, puesto que la utilización de otras fuentes de alimentación no garantiza que la señal esté operativa cuando se necesite y con la intensidad requerida». Para el Ministerio de Industria, fiar la última línea de defensa de un conductor atrapado en mitad de la calzada a un dispositivo alimentado por pilas o pequeñas baterías independientes es un error de bulto. El calor del habitáculo en verano, el frío extremo en invierno o el simple paso del tiempo degradan las baterías, impidiendo garantizar que la baliza emita la luz con la potencia luminosa mínima exigida por la normativa en el instante de sufrir un siniestro. Sin embargo, Tráfico ignoró esta advertencia de su propio Gobierno y continuó adelante con el plan de implantación mediante un Real Decreto en el Consejo de Ministros, sorteando un trámite parlamentario convencional. 2. Preconcurso vs. Concurso: la lección jurídica de Carlos Cuesta La exclusiva periodística coincidió en el tiempo con la entrada en preconcurso de acreedores de Netun Solutions, la empresa gallega fundada por ex guardias civiles inventores de la baliza Help Flash. Para arrojar luz sobre esta situación, el equipo de Auto FM se reunió con Carlos Cuesta, socio fundador de Carles Cuesta Abogados y un apasionado del motor —quien nos recibió en el estudio firmando con una emblemática pluma estilográfica del icónico rojo Ferrari—. "Lo que ha hecho esta empresa al solicitar un preconcurso no es más que comunicar al juzgado competente de lo mercantil que está negociando con sus acreedores un plan de reestructuración", detalla Carlos Cuesta. "Es un mecanismo legal y ordenado para intentar reflotar la compañía antes de que la sangre llegue al río". Cuesta puntualiza un detalle fundamental sobre los plazos y la cultura empresarial: "Aunque la ley mercantil permite comunicar la probabilidad de insolvencia hasta con dos años de antelación —una fórmula que importamos del modelo alemán—, la realidad es que en España las empresas acuden al preconcurso cuando la insolvencia ya es actual o inminente, es decir, a tres meses vista. En el preconcurso, el empresario sigue mandando en su casa, no tiene la incómoda figura del administrador judicial fiscalizando cada decisión económica y puede forzar a los acreedores minoritarios a aceptar un plan de viabilidad si cuenta con el apoyo de la mayoría". Sin embargo, el prestigioso abogado advierte de que las bajísimas ventas de la V16 han provocado un cuello de botella financiero insalvable para Netun Solutions. La baja adopción del mercado (solo un 17%) descuadró por completo las estimaciones de ventas en las que se basaron sus planes de negocio. 3. Dinero público bajo sospecha: el "dopamiento" de fondos Next Generation El caso de Netun Solutions reabre un debate ético de hondo calado sobre el uso del dinero de todos los contribuyentes. La compañía gallega recibió un total de 2,2 millones de euros en ayudas por parte del Estado, articuladas principalmente a través de créditos avalados por el ICO y subvenciones directas de fondos Next Generation de la Unión Europea. "En España vivimos actualmente una crisis muy contradictoria", advierte Carlos Cuesta. "Existe una falsa sensación de estabilidad y liquidez en muchas empresas, pero es una liquidez dopada artificialmente por las ayudas públicas y las inyecciones estatales de la postpandemia. El verdadero drama llegará cuando ese grifo de dinero público se cierre de golpe y las empresas tengan que sostenerse única y exclusivamente por sus ventas reales en el mercado". A ojos de los expertos de Auto FM, el preconcurso de Netun Solutions parece responder más a una maniobra de presión de un lobby acorralado que a un riesgo de quiebra fortuita. De hecho, la respuesta de la administración no se ha hecho esperar: el director general de Tráfico, Pere Navarro, ya ha anunciado de forma oficial el lanzamiento de una campaña publicitaria masiva financiada con dinero público para obligar a los conductores a comprar la baliza V16 este verano. Es decir, una vez más, si las previsiones de ventas de las empresas privadas fallan, es el Estado el que acude al rescate de sus negocios utilizando los impuestos de los ciudadanos para promocionar su uso. 4. El "espejismo" de las fábricas chinas y la agonía del sector auxiliar El escándalo de la baliza V16 es solo el síntoma de una enfermedad mucho más grave que aqueja a toda la industria de la automoción en España, un sector fundamental que representa cerca del 10% del Producto Interior Bruto (PIB). La falta de rigor legislativo y los bandazos políticos están estrangulando especialmente a la industria auxiliar (fabricantes de componentes de acero, plásticos, cables y cauchos, como Gestamp). "Se está maltratando al sector con manifestaciones meramente ideológicas", denuncia Carlos Cuesta. "Se ha obligado a las marcas a realizar inversiones multimillonarias en ingeniería eléctrica bajo la promesa de que en 2026 el mercado estaría electrificado al 50%, y la realidad de los concesionarios es que las ventas reales de eléctricos apenas rozan el 5% o el 10%". Esta incertidumbre empuja a las marcas a desviar sus inversiones, proteger la caja y recortar costes industriales, provocando despidos en las plantas auxiliares. Frente a esta delicada situación, los analistas miran con enorme escepticismo anuncios políticos como la instalación de fábricas de consorcios chinos en regiones como Galicia: "Para levantar una fábrica de automóviles de verdad se necesita una inversión mínima de 1.000 millones de euros. Cuando un fabricante extranjero anuncia que va a montar una fábrica con un presupuesto de 200 millones, no nos engañemos: eso no es fabricar, es ensamblar. Van a utilizar una nave industrial para descargar vehículos que ya vienen fabricados al 95% desde Asia, cambiarán dos piezas, ajustarán el software de los sistemas ADAS en España para esquivar los aranceles de la Unión Europea y los pondrán en el mercado. Es un espejismo industrial que no genera empleo cualificado de base ni protege el tejido auxiliar de nuestro país". La involución de la seguridad vial La baliza conectada V16 y el próximo proyecto en el horizonte de la DGT —el ya bautizado como "cono conectado" para empresas de obras y mantenimiento de carreteras— evidencian que la seguridad vial en España corre el riesgo de convertirse en un mero modelo de negocio de accesorios electrónicos. Mientras el asfalto de las carreteras secundarias sigue agrietándose por falta de presupuesto de conservación (provocando reventones diarios en las flotas de auxilio), las administraciones insisten en legislar de espaldas a los técnicos de Industria y al sentido común de la calle, obligando a los ciudadanos a financiar con sus bolsillos un entramado de conectividad artificial que enriquece a unos pocos mientras desprotege a la mayoría en el asfalto. Hasta aquí el programa de hoy del podcast de seguridad vial y educación vial. ¿Quieres escuchar episodios anteriores sobre seguridad en moto? • P138 100 tramos más peligrosos para motoristas https://go.ivoox.com/rf/72292314 • P154 Hugo de 14 años muere en el campeonato Europeo de motociclismo. https://go.ivoox.com/rf/73574655 • P167 Muere un guardia civil en accidente de tráfico y más https://go.ivoox.com/rf/74291636 • P176 Motos sin ITV https://go.ivoox.com/rf/75543112 • P262 Seguridad Vial en moto No me llames paquete https://go.ivoox.com/rf/93733543 • P289 Caídas en quad o moto y la importancia de la equipación adecuada. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101146657 • P300 Seguridad vial en moto en el Dakar https://go.ivoox.com/rf/101515123 • P327 Seguridad vial en moto, formación conducción, compra de equitación y exigir la retirada de guardarraíles asesinos https://go.ivoox.com/rf/105221622 • P376 seguridad vial en moto, episodio 5 del verano de seguridad en Onda Cero https://go.ivoox.com/rf/114152759 • P470 La seguridad vial en moto a debate https://go.ivoox.com/rf/126752010 • P566 chaleco airbag moto para la atgc https://go.ivoox.com/rf/135729959 • P557 4000 motos en la manifestación motera por la seguridad vial https://go.ivoox.com/rf/134812092 • P601 charla de seguridad vial en la concentración motorista La Leyenda en Cantalejo https://go.ivoox.com/rf/137929200 • P610 motoristas maltratados por Juan Carlos toribio en la concentración La Leyenda https://go.ivoox.com/rf/139115892 • P656 que sucede con la seguridad de los motoristas https://go.ivoox.com/rf/149781060 • P663 DGT pone en marcha los cursos de conducción segura y eficiente para conductores de motocicletas y turismos https://go.ivoox.com/rf/151800964 ¿Quieres escuchar episodios anteriores sobre seguridad en Euro NCAP? • P22 Seguridad infantil en Euro NCAP 2020 https://go.ivoox.com/rf/60410726 • P31 La seguridad infantil de los 7 coches ensayados en Euro NCAP 2020 https://go.ivoox.com/rf/63999896 • P119 En AutoFM hablamos del origen de lo que hoy es Euro NCAP https://go.ivoox.com/rf/70766776 • P192 Hyundai Ioniq 5 en Euro NCAP https://go.ivoox.com/rf/77624794 • P200 El coche más seguro para niños según Euro NCAP https://go.ivoox.com/rf/79810679 • P278 ¿Qué es EuroNCAP? https://go.ivoox.com/rf/97118681 • P320 Seguridad EuroNCAP en el Lexus RX https://go.ivoox.com/rf/104093361 • P325 Cupra en Euro NCAP seguridad made in Spain https://go.ivoox.com/rf/104841125 • P353 Euro NCAP y la seguridad de nuestros vehículos https://go.ivoox.com/rf/111970962 • P413 Etiquetas de seguridad en EuroNCAP https://go.ivoox.com/rf/121984964 • P426 BMW Serie 5 en EuroNCAP https://go.ivoox.com/rf/121989858 • P525 el coche más seguro en euro ncap 2023-24 https://go.ivoox.com/rf/132581951 • P617 euro ncap deepal s07 https://go.ivoox.com/rf/143237685 • P619 Xpeng pasa por Euro NCAP https://go.ivoox.com/rf/143237909 • P621 NIO EL6 en EuroNCAP https://go.ivoox.com/rf/143595669 • P655 Euro NCAP Jaecoo 7 https://go.ivoox.com/rf/149781056 • P672 Cupra Terramar en Euro NCAP 2025 https://go.ivoox.com/rf/153997907 • P674 Voyah COURAGE en Euro NCAP 2025 https://go.ivoox.com/rf/155203658 • P682 Euro NCAP 2022 vs 2025 https://go.ivoox.com/rf/157256238 • P683 Mini Cooper E en Euro NCAP 2025 https://go.ivoox.com/rf/157259235 ¿Quieres escuchar episodios anteriores sobre patinetes eléctricos (VMP) y su influencia en la educación vial y seguridad vial? • VMP o los patinetes eléctricos (13-11-2020) https://go.ivoox.com/rf/58970634 • P29 200€ de multa a los patinetes que circulen por la acera (19-1-2021) https://go.ivoox.com/rf/63999858 • P39 El 80% de los accidentados en patinete eléctrico iban sin casco. https://go.ivoox.com/rf/64652023 • P88. En la sección de RiveKids dentro de AutoFM hablamos de atropellos de niños con patinete eléctrico VMP https://go.ivoox.com/rf/68488690 • P134 Tráfico dice que se va a poner duro con patinetes y bicicletas https://go.ivoox.com/rf/71998645 • P205 certificado para VMP y manual de características del patinete eléctrico https://go.ivoox.com/rf/81250012 • P222 Normativa del patinete eléctrico en Onda Cero https://go.ivoox.com/rf/86695954 • P228 El patinete eléctrico no es un juguete en Auto FM https://go.ivoox.com/rf/87765635 • P329 lista de patinetes eléctricos certificados por la DGT https://go.ivoox.com/rf/105222377 • P449 Se prohíbe el patinete eléctrico en el metro de Bilbao https://go.ivoox.com/rf/124482727 • P555 Los patinetes de alquiler son ilegales https://go.ivoox.com/rf/134811973 • P718 Antonio Ordúñez y Rubén Martínez, Policía Municipal de Madrid https://go.ivoox.com/rf/163947642 • P742 Patinetes eléctricos- seguridad y fallos con la Policía Municipal de Madrid https://go.ivoox.com/rf/166946620 ¿Quieres escuchar episodios anteriores sobre cómo la DGT afronta la educación vial y seguridad vial? • P47 La DGT recauda más de un millón de euros al día en multas https://go.ivoox.com/rf/65042824 • P68 2.880 conductores fueron denunciados dos o más veces en un mismo año por no llevar el cinturón de seguridad. https://go.ivoox.com/rf/66793732 • P72 La otra cara del rescate en carretera. DGT https://go.ivoox.com/rf/67030950 • P78 ¿Por qué nos denuncia la DGT en España? https://go.ivoox.com/rf/67470851 • P85 los tribunales anulan la mitad de las multas que pone la DGT. https://go.ivoox.com/rf/68027004 • P189 Cómo adelantar con seguridad https://go.ivoox.com/rf/76818386 • 6 puntos por usar el móvil al volante y más cambios de la DGT. https://go.ivoox.com/rf/60394281 • P383 ¿Hay que abrochar el cinturón de seguridad incluso sin ocupantes en las plazas traseras? https://go.ivoox.com/rf/115775880 • P444 Ocurrencias de la DGT en 2024 https://go.ivoox.com/rf/124103189 • P559 estrategia de país en la seguridad vial https://go.ivoox.com/rf/134812303 • P447 Propuestas de la DGT para bajar fallecidos en carretera https://go.ivoox.com/rf/124482117 • P456 La DGT incumple la promesa de retirar la Ley de tráfico si aumentaban los fallecidos https://go.ivoox.com/rf/124862871 • P494 La DGT frena los cambios del carnet de conducir https://go.ivoox.com/rf/130588417 • P538 En un accidente no se multiplica el peso como dice la DGT https://go.ivoox.com/rf/133370042 • P559 estrategia de país en la seguridad vial https://go.ivoox.com/rf/134812303 • P564 la seguridad en los adelantamientos https://go.ivoox.com/rf/135729856 • P633 La DGT controla a los conductores profesionales https://go.ivoox.com/rf/144450395 • P569 la DGT hace campanas de buenismo con los patinetes https://go.ivoox.com/rf/135730039 ¿Quieres escuchar episodios anteriores del podcast de educación vial y seguridad vial? • P6 Coronavirus y Seguridad Vial https://go.ivoox.com/rf/49513283 • P169 Seguridad vial en Onda Cero https://go.ivoox.com/rf/74292123 • P125 ¿Isofix en un SsangYong Rodius? Y mucha más seguridad vial https://go.ivoox.com/rf/71289331 • P196 Seguridad vial para bebés prematuros y CIPSEVI https://go.ivoox.com/rf/78652365 • P168 Sin ruedas no hay seguridad vial https://go.ivoox.com/rf/74292023 • P182 La educación vial en El Enfoque, Onda Madrid https://go.ivoox.com/rf/76018355 • P7 Mascarillas y guantes son al coronavirus lo que el cinturón de seguridad y los SRI a la violencia vial https://go.ivoox.com/rf/50038459 • P197 Estudio sobre la inseguridad vial en el contenido de las series en Capital Radio https://go.ivoox.com/rf/78897119 • P565 la mayoría de gente no usa el cinturón de seguridad https://go.ivoox.com/rf/135729932 • P561 4 de cada 10 conductores dan positivo en drogas https://go.ivoox.com/rf/134812530 • P541 La DGT no sabe dónde hay más de 650 millones de euros https://go.ivoox.com/rf/133580231 ¿Quieres escuchar episodios anteriores del podcast de seguridad vial en el Dakar? • P290 Lluvia torrencial, helicópteros que no pueden volar y buggies en medio de riadas. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101146767 • P291. Señalización de accidentes en la carrera más dura del mundo. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101146815 • P295 Exceso de velocidad, radar, sanción y distancia de frenado. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101147162 • P297 Muere atropellado por conseguir la mejor foto. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101514720 • P302 El Dakar 2023 da una lección de seguridad vial. La velocidad no mata, matan otras cosas. Seguridad vial Dakar https://go.ivoox.com/rf/101515334 • P301 Seguridad Vial con Manolo Plaza en el Dakar y en la vida. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101515325 • P300 La seguridad vial en moto en el Dakar y en las carreteras españolas. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101515123 • P294 Cansancio y fatiga extrema en competición. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101147100 • P296 ¿Es más seguro un chasis tubular? Biomecánica del impacto y aceleraciones en la seguridad vial Dakar 2023 https://go.ivoox.com/rf/101514635 • P288 Arco antivuelco o jaula de seguridad. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/100776113 • P293 Hans. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101146904 • P292. Pos seguridad después de un vuelco o un accidente ¿qué hacer?. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/101146866 • P287 Arnés vs cinturón de seguridad. Seguridad vial Dakar 2023 https://go.ivoox.com/rf/100775999 • P299 Conducir sin luna en la seguridad vial Dakar 2023 https://go.ivoox.com/rf/101515049 • P298 Fallece atropellado un aficionado que estaba viendo el Dakar 2023. Seguridad vial dentro y fuera de la competición https://go.ivoox.com/rf/101514818 • P430 Prologo Dakar 2024, seguridad vial https://go.ivoox.com/rf/122182887 • P438 Etapa 10 Dakar 2024 competición vs vida real en la señalización https://go.ivoox.com/rf/123338733 • P435 Etapa 5 Dakar 2024, la fatiga https://go.ivoox.com/rf/122440640 • P440 Etapa de descanso Dakar 2024 los twit de la DGT https://go.ivoox.com/rf/123339096 • P439 Etapa 11 Dakar 2024 adelantamientos extremos https://go.ivoox.com/rf/123338820 • P436 Atropello de un espectador en el Dakar 2024 https://go.ivoox.com/rf/122440725 • P434 Etapa 4 seguridad jurídica y excesos de velocidad en el Dakar 2024 https://go.ivoox.com/rf/122440464 • P431 Etapa 1 Dakar 2024, espectador atropellado https://go.ivoox.com/rf/122229047 • P432 Etapa 2 Dakar 2024, jaula de seguridad y Carles Falcón https://go.ivoox.com/rf/122229139 • P433 Etapa 3 Dakar 2024, los 3 impactos de un accidente https://go.ivoox.com/rf/122440325 • P589 De qué hablar en la sección de Seguridad Vial del Dakar 2025 https://go.ivoox.com/rf/137490937 • P590 Mástil con bandera roja para evitar accidentes Seguridad vial Dakar 2025 https://go.ivoox.com/rf/137490988 • P591 La jaula de seguridad rota 2mm deja sin carrera a Laia Seguridad Vial Dakar 2025 https://go.ivoox.com/rf/137491029 • P592 Sanciones por exceso de velocidad Seguridad Vial Dakar 2025 https://go.ivoox.com/rf/137928364 • P593 Análisis detallado sobre la seguridad del Dakar desde que está la FIA https://go.ivoox.com/rf/137928477 • P594 ¿Puedes correr el Dakar con una mano en la cabeza y otra en el volante? https://go.ivoox.com/rf/137928601 • P597 homenaje a los fallecidos en carrara a lo largo de la historia del Rally Dakar https://go.ivoox.com/rf/137928934 • P598 Amortiguador en el asiento para mejorar la seguridad en impactos verticales. Seguridad Vial Dakar 2025 https://go.ivoox.com/rf/137929049 • P599 El riesgo de tener objetos sueltos en el interior del coche. Seguridad Vial Dakar 2025 https://go.ivoox.com/rf/137929115 • P602 Salir de una poza en el desierto Seguridad Vial Dakar 2025 https://go.ivoox.com/rf/137929280 • P603 Que es el Hans como elementos de seguridad en competición Seguridad Vial Dakar 2025 https://go.ivoox.com/rf/137930032 • P604 ropa interior ignifuga en la seguridad vial del Dakar 2025 https://go.ivoox.com/rf/139115568 • P605 Asistir accidentes en el Dakar 2025 y en la vida diaria, conducta PAS Seguridad Vial https://go.ivoox.com/rf/139115645 • P606 La FIA y el reglamento para la jaula de seguridad en la seguridad vial del Dakar 2025 https://go.ivoox.com/rf/139115689 • P607 Mira más por la seguridad de los pilotos del Dakar la FIA o los fabricantes y equipos https://go.ivoox.com/rf/139115737 ¿Quieres escuchar episodios anteriores del podcast sobre la baliza V16? • P285 Señal baliza v16 conectada. https://go.ivoox.com/rf/100774119 • P600 hasta el 1 de enero de 2026 no es obligatoria la baliza luminosa V16 https://go.ivoox.com/rf/137929142 • P732 luces y sombras de la baliza v16 https://go.ivoox.com/rf/165223286 • P734 Buzón oyente sobre la baliza v16 https://go.ivoox.com/rf/165223466 • P737bis Hablando de la baliza V16 en canal sur radio https://go.ivoox.com/rf/165912406 • P758 que no te timen con la baliza v16 https://go.ivoox.com/rf/167256200 • P740 Baliza v16 en Cope https://go.ivoox.com/rf/165913673 • P743 las FFCCSS también exponen las deficiencias de la baliza v16 https://go.ivoox.com/rf/166946989 • P746 la Baliza V16 en Vive Radio https://go.ivoox.com/rf/166947670 • P759 reaccionamos a las declaraciones del director de la DGT sobre la baliza v16 https://go.ivoox.com/rf/167256257 • P762 Seguridad Vial en el Dakar VS Baliza V16 etapa 3 https://go.ivoox.com/rf/167257005 • P764 A vueltas con la Baliza V16 https://go.ivoox.com/rf/167259142 • P765 Seguridad Vial Dakar 2026 etapa 7 https://go.ivoox.com/rf/167259191 • P769 Seguridad vial Dakar 2026 etapa 12 https://go.ivoox.com/rf/167259427 • P771 Baliza V16 conectada, seguimos desmontando la chapuza https://go.ivoox.com/rf/167259551 • P782 la primera multa por no tener la baliza v16 https://go.ivoox.com/rf/168385620 • P736 Josema Vallejo nos da su opinión de la baliza v16 https://go.ivoox.com/rf/165223818 • P786 CERMI pide integración en la normativa de la Baliza V16 https://go.ivoox.com/rf/170170285 • P789 qué saben los niños de la baliza V16 https://go.ivoox.com/rf/170171341 • P790 ¿Puede Europa eliminar la Baliza V16 de España? https://go.ivoox.com/rf/170171460 • P791 5 fallecidos más atropellados en carretera en febrero 2026 con la baliza v16 https://go.ivoox.com/rf/170171491 “El verdadero viaje es el que termina como comenzó, con felicidad e inocencia” Feliz viaje hasta el próximo programa. _______________________________________

Keagan McClellan (Keags) co-founded Start9 Labs, worked on Sapio with Jeremy Rubin at Judica during the CTV saga, spent time at Lightning Labs maintaining LND, and is now building BTC Verified, a formal specification and verification project for Bitcoin's consensus rules written in Lean 4. He is also a self-described member of Bitcoin's "progressive wing" who nonetheless defends the rising bar for consensus changes, a pluralist who spends all his working hours on Bitcoin, and a security thinker who refused to dunk on Coldcard even while sitting across from someone who very much wanted him to. Time stamps: 00:00 – Intro and sound check 00:27 – Introducing Keagan "Keags" McClelland 01:14 – Bitcoin origin story: darknet markets and a CS degree in 2015 03:42 – Procrastinating at Amazon by reading ICO white papers 05:11 – Leaving Amazon for Salt Lending 06:24 – How Start9 Labs was founded 07:52 – Leaving Start9 for Jeremy Rubin's Judica (Sapio) 09:47 – What CTV (formerly OP_SECURE_THE_BAG) enables 12:35 – Mastercoin's original pitch, Rare Pepes, and play before serious use 15:44 – The Lindy effect and institutional inertia 18:20 – Sponsors + giveaway rules 22:24 – The road to Lightning Labs and LND 23:55 – Lightning as a complexity class change 25:28 – Data locality, privacy, and incentives in payment channels 27:33 – The 133 MB block problem 30:20 – Scaling takes decades: internet lessons 31:24 – Centralization, Moore's law, and what scaled the web 34:58 – Zcash's Near Intents as outsourced Bitcoin privacy 37:05 – Pluralism and the freedom to transact 39:05 – The gravitational well of money 41:36 – When does a shitcoin stop being a shitcoin? 45:43 – Every soft fork since Satoshi 47:36 – The consensus wall: CTV and BIP300 51:56 – BIP 110 case study: incoherent goals, broken design 56:05 – Why information theory defeats spam filters 58:56 – Node mythology and economic weight 1:05:17 – Miners can activate invisible soft forks 1:07:18 – Luke's soft fork definition and herd immunity 1:10:45 – Chat drama and "how much Bitcoin do you own?" 1:14:15 – RBF, Bitrefill, and policy vs consensus 1:17:21 – Can fees alone secure Bitcoin? The 50% hash rate threshold 1:24:56 – Giveaway reveal: the number is 37 1:26:55 – The Coldcard exploit 1:34:10 – The AI exploit era: "cannot be affected" vs "have not been" 1:39:13 – Why the conspiracy theories teach the wrong lesson 1:42:51 – Against security through obscurity 1:47:27 – Onboarding friction and the paranoia continuum 1:55:42 – Vaults explained, and building them without CTV 2:00:42 – Pre-signed transactions, toxic waste, and Liana 2:05:45 – Would covenants have saved Coldcard users? (No) 2:16:53 – Magic wand: why Simplicity beats CTV and GSR 2:20:33 – Witness size, block size, and what BCH got right 2:24:50 – Why Bitcoin should copy homework 2:29:49 – The two hard forks: BIP 110 vs Ecash 2:33:16 – BTC Verified: formal verification of Bitcoin consensus 2:37:10 – TABConf plans 2:39:23 – Outro and sponsor thanks

Hey Podtimists,This week David and Chase hung out IN PERSON, but have very little to show for it other than a good time!Also Chase finally delivers on the tease of Digimon from last week. Agumon is finally here!We also took a deeper look at the magical girl adaptation, Magic Knight Rayearth. This was suggested to us by listener Guardian. Thank you!---Timestamps:(0:00) - Intro(5:22) - What David has been playing(7:24) - Ico(15:03) - Just One Boss(18:17) - What Chase has been playing(18:40) - ReStory: Chill Electronics Repairs(31:53) - Digimon Story Time Stranger(54:59) - Chase's Podtimistic thing of the week(56:57) - David's Podtimistic thing of the week(59:48) - Good Games! Featuring Magic Knight Rayearth(1:21:37) - Outro---Games mentioned:Just One BossIcoReStory: Chill Electronics RepairsDigimon Story Time StrangerMagic Knight Rayearth

En este tercer y último especial dedicado a Fumito Ueda con RaffaValencia, IveliasZero y Kitana Ly, cerramos una trilogía imprescindible analizando The Last Guardian, una de las obras más esperadas y controvertidas de la historia de PlayStation. Repasamos el larguísimo y accidentado desarrollo del proyecto, desde su anuncio para PlayStation 3 hasta su lanzamiento definitivo en PlayStation 4 tras casi una década de trabajo, retrasos, cambios internos en Sony, la marcha de Fumito Ueda del estudio Team ICO y la creación de GenDesign. Profundizamos en todos los secretos de una producción irrepetible: el origen de Trico, la inspiración surgida tras la relación entre Wander y Agro en Shadow of the Colossus, las enormes dificultades técnicas para dar vida a una criatura con un comportamiento creíble, el salto generacional, la participación de ingenieros de Santa Monica Studio y Mark Cerny para completar el proyecto y las razones que convirtieron a The Last Guardian en uno de los desarrollos más complejos jamás vividos por PlayStation. También dedicamos un amplio bloque a la extraordinaria banda sonora de Takeshi Furukawa, explorando su proceso creativo, las influencias cinematográficas, la grabación con orquesta sinfónica y coros en Londres, así como la filosofía musical que acompaña la narrativa de Ueda. Además descubrimos cómo se creó la inolvidable voz de Trico mezclando sonidos de animales, objetos e incluso interpretaciones humanas para conseguir una criatura única en la historia del videojuego. Tras recorrer su desarrollo, analizamos en profundidad la aventura: la relación entre el niño y Trico, la construcción de la confianza, el diseño de puzles, la exploración, la dirección artística, la narrativa ambiental, el simbolismo, el ritmo, la inteligencia artificial de la criatura y el enorme componente emocional que convierte la obra en una experiencia irrepetible. Debatimos también sobre sus decisiones jugables, sus virtudes, las críticas que recibió en su lanzamiento y por qué continúa siendo uno de los videojuegos más personales e influyentes de las últimas décadas. Un programa repleto de curiosidades, anécdotas de desarrollo, documentación y análisis para cerrar nuestro gran especial dedicado a Fumito Ueda, repasando el legado de ICO, Shadow of the Colossus y The Last Guardian, tres obras fundamentales para entender cómo el videojuego puede emocionar a través del silencio, la compañía, la arquitectura y la interacción. Escucha el episodio completo en la app de iVoox, o descubre todo el catálogo de iVoox Originals

In der fünften Folge der FM4 Game Podcast Sommerserie "Ein Jahr, zwei Spiele" gehen Rainer Sigl und Robert Glashüttner genau ein Vierteljahrhundert in der Zeit zurück. Dort präsentieren sie zwei Games aus dem Jahr 2001: "ICO" und "Max Payne". Es sind zwei Actionspiele, bei denen noch mehr experimentiert werden konnte, als das bei zeitgenössischen Produktion (abseits von Indie) der Fall ist. Dennoch sind beide Entwickler bzw. Entwicklungsstudios heute auch noch am Start - also sowohl Fumito Ueda als auch Remedy Games.Sendungshinweis: FM4 Game Podcast, 6. August 2026, 0-1 Uhr (Folge Sommer #5/26)

Send us Fan MailWelcome to the Serious Privacy podcast, where Paul Breitbarth, Ralph O'Brien, and Dr. K Royal, discuss a week in privacy in the midst of hot temperatures in Europe and multiple fires arund the world. This week, we bring you some enforcement activities, regulator inquiries, old laws for new purposes, and guidance from various regulators on child safety. If you have comments or questions, find us on LinkedIn and Instagram @seriousprivacy, and on BlueSky under @seriousprivacy.eu, @europaulb.seriousprivacy.eu, @heartofprivacy.bsky.app and @igrobrien.seriousprivacy.eu, and email podcast@seriousprivacy.eu. Rate and Review us!Subscribe today HERE From Season 6, our episodes are edited by Fey O'Brien. Our intro and exit music is Channel Intro 24 by Sascha Ende, licensed under CC BY 4.0. with the voiceover by Tim Foley.

Hey Podtimists,This week David takes the train, but it's all cool and kind of like a skateboard. Meanwhile Chase delivers packages and plays the Reaper's Game.We also took a deeper look at Sega Rally Championship a game that I (Chase) wanted to play for the show. I like racing okay???---Timestamps:(0:00) - Intro(4:49) - What David has been playing(5:02) - Mina the Hollower(8:33) - Ico(9:49) - Denshattack!(16:16) - A lil grab bag(18:17) - What Chase has been playing(18:37) - Parcel Simulator(24:56) - Bravely Default: Flying Fairy(32:32) - NEO: The World Ends with You(47:28) - Chase's Podtimistic thing of the week(56:06) - David's Podtimistic thing of the week(58:59) - Good Games! Featuring Sega Rally Championship(1:21:11) - Outro---Games mentioned:Mina the HollowerIcoDenshattack!Bravely Default: Flying FairyParcel SimulatorNEO: The World Ends with YouSega Rally Championship

FOLLOW UP: COURT MAINLY RULES IN FAVOUR OF OEMS IN UK DIESELGATE TRIALA UK judge has found mostly in favour of car manufacturers in the claims against them regarding defeat devices being fitted to cars between 2012 and 2017. The judge's decision is based on her decision that a defeat device needs to be deliberately installed to create a different driving operation if it senses it is in test conditions, but this has not been proven to be the case. If you wish to learn more, click this article link here, from The Law Society Gazette.UK GOVERNMENT CONFIRMS PAY-PER-MILE FOR EVS AND PHEVSFollowing the public consultation, the Government has announced that it will introduce a pay-per mile scheme, named eVED, for electric and plug-in hybrid cars, from April 2028. As a result of feedback they have tweaked how the proposal will work. Vehicles under three years old will not have to undertake an additional check to the mileage prior to their age requiring an MOT. A picture of the odometer and an estimation of next years mileage will be sent by the driver. Drivers can opt-in to send the Government the vehicle's mileage data directly via the connected systems on-board, if they wish. This is not mandatory. To learn more, click this electrive article link here.PORSCHE FINDS A NEW PRODUCTION CHIEFPorsche has announced that Christian Friedl will take over as Production Chief, from Albrecht Reimold. Reimold is stepping down at the end of August. If you wish to read more, click this electrive article link here.ASTON MARTIN SHAREHOLDERS FORM CO-OPMore than 50% of the largest shareholders in Aston Martin have formed a cooperative to insure themselves against any new debt deal that would leave them taking disproportionate losses. During this time, the company has restructured its debt financing, with the revolving credit facility and some of the Yew Tree financing being paid off. Financial results are due to be announced on 29 July 2026. For more on this click this link from Zetik, here. To read about the debt restructuring, click this Morning Start link here.FORD AND GEELY SIGN EUROPEAN DEALFord and Geely has agreed to a new joint-venture that will run the Blue Oval's Valencia facility, eventually producing two Ford SUVs and two Geely SUVs. Ford will bring a European Bronco inspired car and develop another C-Segment SUV with Geely. The Chinese company will be building two electric SUVs in the same facilities. To read more, click this Autocar article link here.CARWOW RUNS AD CAMPAIGN USING ANPR TO TRACK YOUCarwow is using ANPR in a UK-wide advertising campaign, encouraging owners of cars the company is targeting to sell to them through their system. Does that step over the line into tracking far too much? Does it contravene the ICO's rules on using ANPR? Click this Motor Trade News article link to read about the plan from Carwow.Click this link to the ICO's own page on fair use of ANPR data and camera systems.If you like what we do, on this show, and think it is worth a £1.00, please consider supporting us via Patreon. Here is the link to that CLICK HERE TO SUPPORT THE PODCASTNEW NEW CAR NEWS -Range Rover GTJLR has revealed a new model line for the Range Rover brand, the GT. The claim is it sits between a grand tourer and an SUV. The images issued appear to show the typical bluff Range Rover range front end, with a coupe style rear. Either this is a brilliant move to capture buyers who've lost out due to Porsche leaving or many years too late. The interior is really leaning into ‘minamilist', with a very thin screen directly on top of the dash in front of the driver and a huge screen slapped in the middle, quite low down. Prices and specifications are yet to be revealed. Click this Autocar article link, for more.Dacia StrikerDacia has revealed their latest model, the Striker. The overall design concept, jacked-up estate, is reminiscent of the Subaru Outback. Prices will start at a smidgen under £25,000, when launched in the UK, but the full price and specifications are yet to be released. Click this Motoring Research article link, for more.VW ID CrossVolkswagen has shown off images of their latest ID model, the Cross. Using the same MEB+ platform as the ID Polo, this will go up against the Ford Puma and Renault 4. There will be a variety of motors and battery packs offered, which will give ranges varying from 196 to 271 miles. Prices are expected to start around £25,000. Click this Autocar article link, for more.LUNCHTIME WATCHES: FOTU 2026Last weekend was the 2026 Festival of the Unexceptional, from Hagerty. A much loved car gathering, where the common cars from yesteryear gather and everyone enjoys their trip down memory lane. For those of us who couldn't attend, thankfully YouTube has many videos showing off the wonderful event. We have but a tiny fraction of what is out there, do go search for more and spread some love to all those who make content for us to enjoy.To watch I Drive a Classic, click on this link to see what caught Steph's eye.To watch Furious Driving, click on this link to see what caught his eye.To watch Jon Coupland Cars, click on this link as he watched the cars enter the show.LIST OF THE WEEK: 23 COLOURS WITH GREAT NAMESClassic & Sports Car have a list about some of the best named colours that you could have specified for your car. Do you agree with Andrew's choice? What would you like to have, adorning your car just so you could tell people the name of it? Click this link to check out your options.AND FINALLY: TECH BROS MAKE A BUS. AGAIN.In an ever increasing number times the tech bros design a transport ‘solution' it turns out we already have that solution, but perhaps it hasn't been maximised to exploit the customers enough. This time, Uber have designed ‘the bus', albeit named the ‘Uber Shuttle' that runs from Logan Airport, in the US, on a fixed route with dedicated stops. Click this YouTube link to then join in pointing and laughing and the ridiculousness of these companies.

Hey Podtimists,This week David visits his old friend Nathan Drake, but this gentleman will never tell how he did it. Chase also played some video games, one of which is NOT pokemon.We also took a deeper look at the Sega Saturn FMV game, Double Switch. This was suggested to us by listener Cameron. Thanks Cameron!---Timestamps:(0:00) - Intro(6:20) - What David has been playing(6:46) - UFO50(15:58) - Mina the Hollower(24:21) - Ico(30:59) - Uncharted: The Golden Abyss(34:48) - What Chase has been playing(34:53) - Palworld 1.0(46:43) - Bravely Default: Flying Fairy(1:03:54) - Chase's Podtimistic thing of the week(1:05:22) - David's Podtimistic thing of the week(1:06:56) - Good Games! Featuring Double Switch(1:28:30) - Outro---Games mentioned:UFO50Mina the HollowerIcoUncharted The Golden AbyssPalworldBravely Default: Flying FairyDouble Switch

In this episode of the Fundraising Everywhere podcast, host Cam St-Omer Donaldson is joined by Claire Stanley, Director of Policy and Communications at the Chartered Institute of Fundraising, to unpack not only what the new rules mean, but also where charities are still looking for greater clarity. Together they explore the distinction between the ICO's legal guidance and the Fundraising Regulator's fundraising framework, discuss some of the grey areas charities are navigating, and explain how the Chartered Institute of Fundraising is working with regulators to represent the sector's experiences and help shape future guidance. They explore: What the charitable purposes soft opt-in changes and what it doesn't. The difference between the ICO's legal guidance and the Fundraising Regulator's practical framework. Areas where charities are still seeking greater clarity, including common implementation questions. How the Chartered Institute of Fundraising is engaging with the ICO and other regulators to raise sector feedback and support further clarification. If you enjoyed this episode, don't forget to hit follow and enable notifications so you'll get notified to be first to hear of future podcast episodes. We'd love to see you back again! And thank you to our friends at JustGiving who make the Fundraising Everywhere Podcast possible.

Hey Podtimists,This week David is visited by his new friend the Ayn Odin 3 and speaks on the new world that is front of him. Then Chase steals some cars in a very grand way.We also took a look at Kenji Eno's Enemy Zero for the Sega Saturn. This game was suggested to us by listener Pepsiman. Thanks Pepsiman!Here is the link to the documentary mentioned in the show https://youtu.be/S-6dNPYltr0---Timestamps:(0:00) - Intro(4:52) - What David has been playing(5:11) - The AYN Odin 3(10:49) - Stuntman(11:51) - NBA Street Volume 2(18:50) - Burnout 3 Takedown(23:35) - Marvel Vs Capcom 2(30:03) - Ico(34:45) - UFO50(42:06) - Grand Theft Auto(44:59) - Grand Theft Auto 3(51:58) - Grand Theft Auto Vice City(56:08) - Grand Theft Auto San Andreas(1:03:29) - Grand Theft Auto 4(1:23:34) - Chase's Podtimistic thing of the week(1:24:35) - David's Podtimistic thing of the week(1:25:35) - Good Games! Featuring Enemy Zero(1:42:39) - Outro---Games mentioned:Grand Theft Auto 3Grand Theft Auto Vice CityGrand Theft Auto San AndreasGrand Theft Auto 4IcoBurnout 3 TakedownNBA Street Volume 2StuntmanMarvel vs Capcom 2UFO50Enemy Zero

Welcome to Dev Game Club, where this week we continue our series on Psychonauts. We dive into (ha) the lungfish levels and the Milkman Conspiracy and talk about the tension between systems and individually scripted experiences, before turning to user questions. Dev Game Club looks at classic video games and plays through them over several episodes, providing commentary. Sections played: To Milkman Issues covered: a special announcement, turkeys everywhere, long digression into weird Spelunky, setting up the Lungfish, hunting down all the collectibles, an underwater bubble and moving around, consistency in levels, coming in with different player options, involving the empathy of the player, the limits of other genres in engaging empathy mechanically, the difficulty of reading the environment, the unfortunate PS4 port from the PS2, avoiding oysters, a direct lineage of creativity, becoming Godzilla, reuse of abilities when you return, every level being a genre, leading the way creatively, parallel to indie film, re-entering the levels and the tongue-in-cheek, going every direction and the costs, relearning rules each level, the cost of testing boundaries due to other mechanics, jumping between gravity spaces, describing the Milkman level, conspiracy mad-libs, being in an environment where you will fail again and again, memorable levels here and elsewhere, zingers of stingers, lines in movies vs lines in games, reinforcing them, a typical day in the life for a game designer, iterating to solve problems, getting people on board and carrying vision, people who show what's going on with the project, building consensus.  Games, people, and influences mentioned or discussed: Spelunky, Andy Nealen, mysterydip, Beyond Good & Evil, Crash Bandicoot, King's Quest, Costume Quest, Headlander, Keeper, Stacking, Trenched/Iron Brigade, Tim Schafer, Daron Stinnett, LucasArts, Community, Velvet Underground, Four Weddings and a Funeral, Psychodyssey, Nintendo, Majora's Mask, Microsoft, Shadow of the Colossus, Ico, Outer Wilds, Portal, Duke Nuke'em, John Carpenter, Them, Roddy Rowdy Piper, Sasha/scarytiger, Jonno, Starfighter, Kirk Hamilton, Aaron Evers, Mark Garcia.  Next time: Finish the game? Twitch: timlongojr and twinsunscorp YouTube Discord DevGameClub@gmail.com 

What are the most spiritual games you've ever played? What does spirituality mean to you? Have you ever had a transcendent experience while playing a game? In this episode, we break down some of our most profound experiences playing games — games that weren't just emotional but deeply spiritual. This includes games like Xenogears, Ico, Journey, Terranigma, Death Stranding, Outer Wilds, and many more. What are some of your picks? Let us know in the comments below! Time Codes: 01. Intro (0:00) 02. What Does Spirituality Mean? (01:29) 03. Honorable Mentions (08:49) 04. Casen's First Pick: Ico (26:51) 05. A Couple More Honorable Mentions (37:20) 06. Mike's First Pick: Terranigma (39:10) 07. Casen's Second Pick: Death Stranding (48:45) 08. Mike's Second Pick: Journey (1:01:23) 09. Casen's Third Pick: Wind Waker (1:08:53) 10. Mike's Third Pick: Outer Wilds (1:25:01) Discord Link: https://discord.gg/RFMF6gpHr Patreon Page: https://www.patreon.com/resonantarc Subscribe Star: https://www.subscribestar.com/resonant-arc Twitter: https://twitter.com/resonantarc Facebook: https://www.facebook.com/resonantarc Instagram: https://www.instagram.com/resonantarc TikTok: https://www.tiktok.com/@resonantarc

In this high-energy and incredibly entertaining episode of The TMA Connection, Tim sits down with Natalie Johnson, the charismatic Chief Operating Officer of Inner County Outreach (ICO). Celebrating a massive 40-year legacy of deep community service across Harford, Cecil, and Baltimore counties, Natalie shares the foundational story of how her father, Dr. Nathaniel Johnson, launched the faith-based organization in 1986 to remove traditional barriers to care and nurture the entire family unit. Natalie details how ICO manages 13 comprehensive programs across three key divisions: Mental Health and Wellness, Youth and Family Services, and Comprehensive Basic Needs (including their brand-new strategic merger with Fresh Start Furnishings) providing a lasting framework for families navigating crisis. Stick around for the final 10 minutes as Tim flips the script completely into a live, matchmaking segment for Natalie—niching down the search for a godly, highly educated, whiskey drinking partner willing to survive an extensive screening process by her family! Subscribe to The TMA Connection on your favorite podcast platform or watch the full episode on YouTube by searching "The TMA Connection." Don't forget to like, comment, and share — your support keeps the conversation growing!

Send us Fan MailWelcome to the Serious Privacy podcast, where Ralph O'Brien , Dr. K Royal, and Paul Breitbarth explores the implications of proposed social media age restrictions in the UK to under 16s, through the insights of university student (and our editor!) Fey O'Brien, emphasising the importance of digital literacy and open communications.As the debate surrounding social media age restrictions continues, it is vital to consider the implications for minors and their rights. Engaging with younger voices like Fey's adds depth to the discussion, illustrating the importance of balancing safety and freedom in the digital landscape. Instead of imposing blanket bans, fostering digital literacy and open communication can pave the way for a more informed generation of social media users. If you have comments or questions, find us on LinkedIn and Instagram @seriousprivacy, and on BlueSky under @seriousprivacy.eu, @europaulb.seriousprivacy.eu, @heartofprivacy.bsky.app and @igrobrien.seriousprivacy.eu, and email podcast@seriousprivacy.eu. Rate and Review us! From Season 6, our episodes are edited by Fey O'Brien. Our intro and exit music is Channel Intro 24 by Sascha Ende, licensed under CC BY 4.0. with the voiceover by Tim Foley.

Ilies Larbi is the founder and CEO of Ouinex, a multi-asset trading platform built to fuse crypto and traditional markets in a single account while shielding retail traders from the structural disadvantages of conventional order books. A nearly fifteen-year veteran of New York-based forex broker FXCM, where he climbed from sales associate to Managing Director for Europe and a seat on the executive committee, the Paris-based Larbi stepped into crypto in 2022 — late by bull-run standards, as he admits, but with a clear view of the gap he wanted to fill. Why you should listen Larbi's central argument lands with a memorable image: most crypto exchanges drop retail traders into a tank full of sharks. His culprit is the central limit order book, which works beautifully in regulated venues like the NYSE where institutions compete against each other, but breaks down in crypto, where a trader tapping orders from their phone over café Wi-Fi sits on the same book as a high-frequency desk running millions in low-latency infrastructure around the clock. That asymmetry, he argues, is why retail traders so often see stop losses picked off and price action that feels suspiciously erratic. Ouinex's answer is a no-CLOB execution model: institutions are still welcome to provide liquidity, but they're allowed only to make markets, never to take them, and they get zero visibility into where retail orders are resting since those sit on Ouinex's own servers. The result is a kind of Chinese wall, with liquidity providers forced to compete purely on the best bid and ask while an aggregator passes only the sharpest prices through to traders. Ouinex lets users trade spot crypto and perpetuals alongside forex, gold, indices and equities, using their crypto as collateral rather than cashing out to fiat — and crucially, it routes the TradFi side through hundred-year-old market infrastructure rather than rebuilding it as a thin perpetual. Larbi makes the case with hard numbers, contrasting a euro-dollar or gold trade on Ouinex against the same instrument as a perp on a venue like Hyperliquid, where he claims spreads run several times wider, commissions stack on top, and the order book is far shallower. He also points to early evidence that the multi-asset thesis is working: as geopolitics roiled markets, his traders moved record volume into oil and gold while waiting for crypto to get interesting again, exactly the cross-market hedge the platform was designed to enable. Larbi raised nine million dollars entirely from his own trading community — much of it the French-speaking InteractivTrading community — with no venture capital on the cap table, which he argues leaves the platform answerable to its users rather than to investors holding a bag of future tokens. That native token, OUIX, is heading to an ICO via the company's launchpad, pitched as a low-sell-pressure utility play with fee discounts and trading cashback. He's candid that the product is still maturing, urging listeners to test it on a demo account with virtual funds and lean on Ouinex's human (not chatbot) support. The closing hot-take round rounds him out nicely: a self-described multi-chain pragmatist with unshakeable conviction in blockchain's staying power, convinced AI agents will reshape how — and whether — we trade at all, and unashamedly nostalgic for the original Avatar. Supporting links Stabull Finance Ouinex Ouinex on Twitter Andy on Twitter Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.

Robson Silva Junior is Co-Founder of Pods.He joins host Aaron Stanley to discuss how DeFi's mixed retail adoption led Pods to build modular yield infrastructure for Latin America's neobanks.Recorded live at the Token Nation event in São Paulo, the conversation traces Silva's path from naval engineering to early AMM research during Singapore's ICO era.Silva explains why Pods abandoned its B2C options protocol once it became clear retail users weren't going to interact with MetaMask directly.He also discusses Pods' work building a zero-knowledge privacy pilot for Brazil's central bank digital currency, and why programmable privacy for composable DeFi remains unsolved.The episode closes on how neobanks now use Pods' API to offer insured, cross-chain yield without building that infrastructure in-house.You can connect with Rob on Linkedin

OpenAI, Anthropic, SpaceXand the AI IPO cycle face a structural problem: a cheap, capable open source exit is already drawing enterprise users away before either company goes public. ======================================================== Thank you to our sponsor! ⁠Fidelity⁠: Fidelity has been building in crypto and DeFi since 2014 — now they're hiring. Explore career opportunities at one of the most forward-thinking names in finance here: ⁠crypto.fidelitycareers.com⁠. ⁠Cape⁠: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at cape.co/unchained (use code: UNCHAINED). ======================================================== A viral tweet by Tom Shaughnessy, founding partner of Delphi Ventures, identified the most basic way AI could blow up: a 40x subsidy gap between consumer AI subscriptions and enterprise API costs quietly pushing businesses toward open source inference providers at 1% of the price. Citadel Securities published a near-identical thesis shortly after. Shaughnessy joins Laura Shin to map the implications for the AI IPO wave, starting with SpaceX. Low floats and passive index demand should lift these stocks out of the gate, but public market disclosures will force OpenAI and Anthropic to reveal payback periods, margins, and subscriber numbers for the first time. He also argues OpenAI's reported price cuts target Anthropic's growth metrics before the IPO, not user demand. The episode also covers the China model wildcard, whether AI model restrictions amount to big brother fearmongering, and whether crypto's tools for capital formation could keep the AGI flywheel from stalling. Host: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Laura Shin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, Host / Unchained Guests: ⁠Tom Shaughnessy - Founding Partner of Delphi Ventures and Co-Founder of Delphi Digital Timestamps

Prison of Husks no tiene subidas de niveles ni enemigos que hacen respawn, cuenta con un contador de adrenalina y algo maravilloso: hace suya la estética de ICO, a la que invoca con una astuta manera de usar las estéticas de PlayStation 1.-Juega la demo de Prison of Husks: https://store.steampowered.com/app/2975260/PRISON_OF_HUSKS/-ICO A Juego Lento en Podcast: https://www.youtube.com/playlist?list=PLPTGZ5GEprSZylTTutQAhDmFZFokHQoLL-Pide más información de nuestros másters en videojuegos con un 5% de descuento en tu matrícula usando este enlace: https://estudiar.unir.net/es/es-gen-ma-ing-masters-diseno/?utm_medium=off&utm_source=colectivos&utm_campaign=np-colectivos_off_colectivos_unireu_eu_es_es_convenio_generico_leadweb_nuevebits-Compra Los Secretos de Krat: más allá de Lies of P: https://amzn.to/4rKE3FV

Strategy zorgt opnieuw voor verwarring: het bedrijf stopte tegelijk $100 miljoen in bitcoin én $100 miljoen in dollars. Was de beroemde bitcoin yield nou positief of negatief? Verder bespreken we waarom ICO's definitief dood zijn, de opmars van Hyperliquid met meer dan 200.000 wekelijkse gebruikers, de controverse rond Arthur Hayes die volgens ZachXBT zijn volgers als exit liquidity gebruikt, en problemen bij Zcash na een hack. Natuurlijk sluiten we af met de marktupdate van Bert, want er was flink wat paniek op de aandelenmarkten.Probeer de eerste maand voor 5 euro (80% korting)Satoshi Radio wordt mede mogelijk gemaakt door: Watson Law en onze hoofdsponsor Bitvavo.Timestamps(00:00:00) Welkom en Podcast Introductie(00:16:00) Strategy: stopt $100M in BTC en $100M in USD(00:26:55) Strategy: maar was er nou een positieve of negatieve btc yield?(00:31:03) Strategy: “kill it, then”(00:43:25) ICO's zijn overleden(00:49:36) Hyperliquid weekly active users boven 200.000(00:57:13) Arthur Hayes: dumpt HYPE, NEAR en WLD(01:00:33) Arthur Hayes: is een scammer, volgens ZachXBT(01:03:00) Raoul Pal raadt Zcash aan (wegwezen dus)(01:05:10) Zcash valt uit de gratie door hack(01:24:00) Cryptosector voert druk rond Clarity Act op(01:30:50) Marktupdate(00:00:00) EindeBookmarksBertStrategy stopt $100M in BTC en $100M in USDMaar was er nou een positieve of negatieve btc yield?“Kill it, then”Arthur Hayes dumpt HYPE, NEAR en WLDZachXBT: Hayes gebruikt volgers als exit liquidityRaoul Pal raadt Zcash aan (wegwezen dus)Hyperliquidweekly active users boven 200.000PeterICO's zijn overledenZcash valt uit de gratie door hackCryptosector voert druk rond Clarity Act opCrisis bij Cardano

In this sponsored episode of The Bad Crypto Podcast, Joel and Travis welcome back Markus Levin, co-founder of XYO Network, a project first featured on the show back in the ICO days of 2018. Unlike many projects from that era, XYO is still building. The conversation centers on a huge problem in both crypto and AI: digital systems are often blind to the real world. Smart contracts, AI agents, apps, and autonomous systems can process data, but they do not automatically know whether that data is true, where it came from, or whether someone tampered with it. That is where XYO comes in. Markus explains how XYO has evolved from a proof-of-location network into what the team describes as a truth layer for real-world data. Using devices, mobile phones, sensors, NFC tags, cryptographic proofs, and its own data-focused Layer 1 blockchain, XYO is working to verify events, actions, assets, and real-world information so AI systems and blockchain applications can operate with greater certainty. Joel, Travis, and Markus also dig into the COIN app, which allows users to earn rewards for contributing real-world data, and the broader XYO ecosystem, including the XYO token, XL1 token, proof of origin, zero-knowledge privacy protections, and the newly announced AI infrastructure verification partnership with Setter Labs. The big idea: as AI becomes more powerful, the question may not be whether a model can generate an answer. The question is whether it can prove where that answer came from. Topics Covered Why AI agents and smart contracts are still “blind” to the physical world How XYO began as a proof-of-location project in 2018 Why GPS and location data can be spoofed The role of blockchain in verifying real-world events What “proof of origin” means and why it matters How XYO collects and verifies real-world data Why bad data may be one of AI’s biggest problems How verified data could reduce AI hallucinations The COIN app and how users can earn rewards for data collection XYO’s Layer 1 blockchain and the XL1 token The difference between XYO, XL1, COIN, and other ecosystem assets How zero-knowledge proofs help preserve privacy Why decentralized physical infrastructure networks may become increasingly important How XYO is moving into AI infrastructure and AI agent verification The new XYO AI SDK and what developers can build with it Why long-term survival matters in crypto Joel’s reminder that sponsored projects must still pass Bad Crypto vetting Featured Guest Markus LevinCo-founder of XYO Network Links Mentioned XYO Network: https://xyo.networkCOIN App: https://coinapp.coBuild with XYO: https://xyo.network/buildPartnership inquiries: partnerships@xyo.network Disclosure This is a sponsored episode of The Bad Crypto Podcast. Joel and Travis were compensated to feature XYO Network, but the project passed their vetting process before being brought to the Bad Crypto audience.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

Demetrick, Dr. Corey Petty, and Jesse are joined by founder and investor Joe for a conversation that cuts through sixteen years of crypto noise with one provocative thesis: crypto is only about trading.Joe walks the guys through all five hype cycles, from Silk Road to Mt. Gox to the 2017 ICO mania to NFTs to today, and shows how the top of every cycle has been defined by a single dominant trading narrative. Everything else, he argues, is undercurrent. The conversation traces how he arrived at this conclusion after the chaos of ETHDenver 2023 sent him back to first principles, including the poker code buried in the original Bitcoin commit.From there the guys get into where the next hype cycle is forming. Joe demos a tap trading app he is building that strips away every chart, button, and knob until trading feels closer to a mobile game than a Bloomberg terminal. Green for good, red for bad, prediction markets baked in. The crew riffs on PVP tournaments, head to head trading streams on Twitch and Kick, and why apps optimized for volatility win when traditional markets get quiet.Plus: Anatoly's legendary bag working of Hyperliquid on Solana, why a normal person will never love a candlestick chart, and Corey announces he is winding down Archivist and open sourcing the IP.Drop questions in the YouTube comments. Join the Discord. The Pope conversation got pushed to next week.

The charitable soft opt-in ICO guidance has just landed. For many charities, this is the biggest shift in supporter communications rules in years. And our inbox and membership chat are already full of questions: Does event attendance count as expressing interest? What about volunteering, buying a raffle ticket, or clicking a link? Can we now contact people we previously couldn't? And just as importantly…Where are the grey areas charities need to tread carefully? To help the sector unpack all of this quickly, we're hosting a session with Mark Burnett from Hope & May. Get access to the full webinar & 30 minute Q&A. If you enjoyed this episode, don't forget to hit follow and enable notifications so you'll get notified to be first to hear of future podcast episodes. We'd love to see you back again! And thank you to our friends at JustGiving who make the Fundraising Everywhere Podcast possible.

En Capital Intereconomía, el espacio Empresas con Identidad pone el foco en el hidrógeno renovable y en el desarrollo de infraestructuras para movilidad sostenible junto a Santiago Ramas López, director general de HVR Energy. La compañía acaba de cerrar una financiación de 12,75 millones de euros con el ICO para acelerar el despliegue de 30 nuevas hidrolineras dentro de su proyecto ACTIVA, consolidando uno de los planes de infraestructura de hidrógeno más ambiciosos de Europa. Durante la entrevista, Ramas analiza el respaldo financiero e institucional recibido, el papel de las ayudas europeas y el objetivo de alcanzar 75 hidrolineras operativas en España antes de 2030. También explica el modelo de instalación de estaciones de repostaje en gasolineras existentes mediante un sistema “todo incluido” y analiza las ventajas del hidrógeno renovable para el transporte pesado y de largo recorrido, así como los retos regulatorios y financieros pendientes para impulsar definitivamente esta tecnología en Europa. En Digital Business, Paco González, CEO de Core Tech Capital, analiza la actualidad de OpenAI, el lanzamiento de nuevos modelos, el conflicto con Apple y las enormes inversiones en capacidad de computación e inteligencia artificial. Además, Tomás Golding, Head of Financial Services & Capital Markets de VASS, aborda los retos de transformación digital de la banca, el impacto de la inteligencia artificial y cómo evolucionará el sector financiero hacia modelos más simplificados y automatizados.

My guest today is John Gu, founder and CEO of Caladan, one of the most active market makers in crypto and a firm that has provided liquidity to more than 200 token launches. John's path runs through MIT, AlphaSimplex, Citadel's principal strategies group, and Tower Research before landing in Singapore at the dawn of the ICO era — where what started as a trade on the kimchi premium became the foundation for one of the most active liquidity providers in digital assets.The thesis of our conversation is what I'll call the cold start problem. In traditional markets, every newly listed stock arrives with scaffolding already in place — a designated market maker, a reference price, a universe of comparables, and decades of regulatory infrastructure. Crypto inverts that. A new token can launch with no orderbook, no comparables, and no clear demand curve. Someone has to quote a two-sided market into that void, and how they do it shapes whether the asset becomes a real, tradable thing — or a graveyard of wide spreads and stranded liquidity.John and I dig into how you bootstrap liquidity from zero, how the quoting playbook evolves as a market matures, the economics of token market making contracts, and how that same infrastructure now bridges into structured products and treasury solutions for token foundations.Please enjoy my conversation with John Gu.

In this episode of FYI, Lorenzo Valente sits down with ARK Invest CEO Cathie Wood and Changpeng Zhao (CZ), founder of Binance, to examine his journey from early life in China to building the world's largest crypto exchange. CZ shares how Binance scaled rapidly, the regulatory challenges it faced, and how the crypto industry has evolved over the past decade. The conversation also covers institutional adoption, stablecoins, AI's role in accelerating innovation, and CZ's outlook on Bitcoin, exchanges, and the future of global finance.Key Points From This Episode: ●      00:00:00 CZ's early life, founding Binance in 2017, and rapid growth during the initial coin offering (ICO) boom.●      03:23:00 Key drivers behind Binance's dominance: user protection, speed, and security.●      07:07:00 Institutional participation in crypto has accelerated faster than expected.●      12:00:00 Convergence of traditional finance and crypto into a single system.●      15:03:00 Fee compression and increased competition driven by blockchain efficiency.●      23:44:00 The evolution toward “everything exchanges” offering multiple asset classes.●      34:01:00 Growth and competition among global stablecoins.●      45:58:00 Institutional inflows stabilizing and supporting crypto markets.Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

Data protection in the United Kingdom is entering a new phase of post‑Brexit divergence, introducing targeted but impactful changes across regulatory governance, enforcement, and day‑to‑day compliance.   In this episode of The Data Chronicles, we examine how the Data (Use and Access) Act 2025 is reshaping UK data protection through reforms to the ICO's structure, new approaches to cookies, automated decision‑making, international data transfers, and lawful bases for processing.   The discussion explores how increased flexibility in the United Kingdom is paired with heightened enforcement risk, why operating across United Kingdom and European Union regimes is becoming more complex for global organizations, and how data protection is increasingly being reframed as both a legal compliance and economic policy tool – demanding closer coordination between legal, product, and operational teams.

In Episode 313 of The Block Runner Podcast, William and I-man break down the latest stress test for crypto launch platforms: Believe's rapid rise, the Printer token ICO backlash, the $2M refund, and what the failed attempts to disrupt Pump.Fun reveal about launching in a permissionless market. The conversation centers on how quickly community momentum can reverse when a platform moves too fast into tokenization, why founders face extreme psychological pressure once market attention arrives, and why examples like Believe, Heaven, Bonk-adjacent launch efforts, and Printer matter directly to the NAT.fun launch thesis. Key topics: Believe's position in the launch ecosystem and how quickly market attention can concentrate around a new platform The Printer ICO, Coinbase/Sonar rails, and why selling a token too early can reverse community sentiment The mental-health pressure founders face when crypto Twitter turns from attention into personal attack The $2M refund and what it says about trust, timing, and execution in token launches Why attempts to disrupt Pump.Fun keep failing, from Believe to Heaven to Printer How these failures become direct lessons for NAT.fun as it prepares to enter the launch-platform arena Please like and subscribe on your favorite podcasting app! Sign up for a free newsletter: www.theblockrunner.com Follow us on: Youtube: https://bit.ly/TBlkRnnrYouTube Twitter: bit.ly/TBR-Twitter Telegram: bit.ly/TBR-Telegram Discord: bit.ly/TBR-Discord $NAT Telegram: https://t.me/dmt_nat

Raees Chowdhury is the co-founder and chief investment officer of Tok-Edge, a London-based regulated DeFi hedge fund built around a novel cryptoasset structure called the Redemption Token. With a career spanning senior roles at BCG and Bain Capital, a managing partner position at Revolt Ventures — a fund sitting beneath a $10 billion AUM vehicle — and deep roots in on-chain markets dating back to the ICO era of 2016–17, Raees brings rare dual fluency in institutional finance and DeFi to one of crypto's most ambitious new fund structures. Why you should listen Tok-Edge emerged from stealth on the day of this recording, and the timing is deliberate. Raees argues that the current drawdown — with Bitcoin sitting roughly 50% off all-time highs and many altcoins down 90% or more — is precisely the moment to be allocating capital to DeFi. The fund is built on a contrarian but rigorous thesis: that crypto is a genuinely new liquid asset class, that existing token models are structurally flawed, and that the teams best positioned to capture the next cycle are those who can hold TradFi infrastructure and DeFi-native thinking in the same hand. The centrepiece of what Tok-Edge is building is the Redemption Token — a new category of cryptoasset designed to solve what Raees calls the duality problem that has undermined most token models to date. Unlike governance tokens, which trend towards zero, or utility tokens, which are constrained to their native blockchain, the Redemption Token is permissionless and composable in DeFi while carrying a genuine defined function: the ability for fund investors to redeem underlying fund shares at net asset value. The model Raees reaches for by analogy is MicroStrategy — a structure designed first, then deployed as a product. Tok-Edge is doing the same, with the Redemption Token as the architecture and the Tok-Edge Fund as its first application. The fund itself is built to institutional standard — custodians, regulated directors, and governance structures you'd expect from any tier-one equities vehicle — but applied entirely to crypto and DeFi strategies. Raees walks through the team's approach to on-chain yield generation, active capital allocation between strategies, and why sitting in stablecoins and earning on-chain yield is a feature rather than a concession. He also shares his conviction that DeFi yields are far from dead, why on-chain flows will identify the winners of the next cycle before most people see them coming, and how the Berkshire Hathaway model — long-only, actively managed, comfortable holding cash — translates surprisingly well to liquid crypto asset management. With a TGE capped at $21 million targeting a $100 million first close later in 2026, this is a conversation worth hearing early. Supporting links Stabull Finance Tok-Edge Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.

I sit down with Omar, co-founder of Noya.ai, to explore how his team is building at the intersection of AI and DeFi. We talk about how Noya evolved from an omni-chain yield aggregator into a full-stack agentic platform, combining a data layer, analytics engine, and execution rails all in one MCP. Omar shares how they hit 1,000 downloads in just two days with zero paid marketing, why he believes interfaces are dead and agents are the future, and how proprietary data is the key moat for any Web3 startup in the age of AI. We also get into prediction market vaults, delta-neutral strategies, tokenization of real-world assets, and what the next 6–12 months looks like for Noya. DisclaimerNothing mentioned in this podcast is investment advice and please do your own research. It would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend. Be a guest on the podcast or contact us - https://www.web3pod.xyz/--- CONNECT ---Noya.ai Website: https://noya.aiTwitter/X: https://x.com/NetworkNoya Omar: https://x.com/OptimisticOmni Web3 with Sam Kamani: https://www.web3pod.xyz/--- KEY POINTS WITH TIMESTAMPS ---• [00:49] Omar shares his crypto origin story — hooked by an Andreas Antonopoulos video in 2016, survived the ICO craze, DeFi Summer, and a VC role building on Luna before founding Noya• [01:52] The core vision: mesh intelligence and execution together, because interfaces are dead and the future is agentic• [03:24] Noya's current product suite — an MCP, a data aggregation layer, wallet analytics across prediction markets and DeFi, and structured vaults• [04:10] 1,000 MCP downloads in two days with zero paid marketing and 30,000 monthly active users on the platform• [07:41] A concrete example of how the Noya agent works — from token research to price alerts on Telegram to on-chain execution• [09:56] How Noya pivoted from omni-chain yield aggregator to its current agentic vision, and why the vault space was too crowded and too risky• [11:40] How Noya thinks about trust and safety — pre-built transaction templates, slippage warnings, honeypot detection, and a forthcoming security layer• [13:41] Why Omar sees little direct competition — the vision of one MCP for data, execution, analytics, and research across all chains is unique• [15:01] DeFi's biggest problem right now is lack of real usage, and tokenization of real-world assets is what will revive it• [19:50] How founders should think about building moats in the age of AI — proprietary data, multi-layer positioning, and pay-per-use infrastructure• [24:16] What's next for Noya — improving the MCP, launching the first delta-neutral prediction markets vault, and expanding protocol integrations

Markets are rallying on a fragile Iran ceasefire, but the real risks may be getting closer. David and Haseeb break down Anthropic's secretive new AI model and why it could expose vulnerabilities across crypto, from smart contracts to core blockchain infrastructure, plus the growing divide around “Q-Day” and how urgent the quantum threat really is. They also unpack Iran's unexpected use of Bitcoin in global trade, the White House's stance on stablecoin yields, and why the market feels stable on the surface while bigger risks continue to build. ---

The biggest data change for UK charities since GDPR is here — and it's an opportunity you can't afford to miss. In this episode, host Josh Leigh, Co-Founder of Hynt, the digital fundraising agency, is joined by a panel of expert; fundraising compliance specialist Cam St-Omer Donaldson, people and processes consultant Kirsty Mooney, and digital marketing expert Sarah Crowhurst to break down everything charities need to know about the new Email Soft Opt-In rules. In this episode, we cover: - What Email Soft Opt-In actually means and what's changed under the new Data Use and Access Act 2025 - Why we're still waiting on ICO guidance — and what you can do right now while you wait - Which teams, systems, and processes across your organisation need to be involved - Why this change is NOT retrospective — and what that means for your existing data - How to document your decision-making to protect your charity - The massive opportunity to grow your email and SMS audiences — and how to make the most of it - What a strong supporter communication programme looks like once you've implemented the change Want support implementing Email Soft Opt-In at your charity? Email hello@hynt.studio with code PODCAST20 for 20% off. Click here to subscribe to our email list for exclusive fundraising resources, early access to training, special discounts and more If you enjoyed this episode, don't forget to hit follow and enable notifications so you'll get notified to be first to hear of future podcast episodes. We'd love to see you back again! And thank you to our friends at JustGiving who make the Fundraising Everywhere Podcast possible.

Allen Ng, Co-Founder & CEO of Everest Venture Group (EVG), joins us to break down why Hong Kong has emerged as Asia's leading crypto hub in 2026.From launching startups in college to working on venture deals later acquired by Amazon, Allen's journey spans the early days of tech to the rise of crypto. Since entering the space during the 2017 ICO era, he has built EVG into a 200-person firm delivering 400+ smart contract audits annually across major blockchain networks.In this conversation, we explore how Asia's crypto landscape has evolved — and why Hong Kong is now at the center of it.Allen shares insights on:- The shift from the ICO era to today's institutional crypto landscape- How Hong Kong overtook Singapore as Asia's top crypto hub- The key differences between Hong Kong's “bottom-up” ecosystem and Singapore's “top-down” approach- Why talent and execution matter more than regulation- How Hong Kong connects to China's vast engineering talent pool- Emerging markets like Vietnam and their growing crypto adoption- What founders should consider when choosing where to build in AsiaThis is a grounded, experience-driven discussion on the realities of building in crypto — based on over a decade of firsthand experience in the industry.

In this episode, Lex chats with Marc Boiron — CEO of Polygon Labs. Marc shares his journey from law to blockchain, discussing the challenges of navigating crypto's evolving legal landscape and the complexities of structuring compliant DeFi projects. He explains Polygon's strategic pivot to focus on stablecoin payments, leveraging its proven blockchain and global partnerships. Marc highlights Polygon's real-world adoption, competitive edge, and vision to become the leading platform for on-chain payments. The episode offers insights into regulatory hurdles, industry trends, and Polygon's mission to transform digital money movement. NOTABLE DISCUSSION POINTS: The Labs-Foundation Structure Is a Frankenstein - and Its Creator Knows It: Marc helped architect the legal frameworks behind major DeFi token launches but openly calls the outcome a “complete Frankenstein.” The arm's-length separation between labs and foundations was necessary to survive regulatory hostility, but makes coherent execution nearly impossible. He argues projects still copying this structure today are doing so out of habit, not legal necessity. Generalist Blockchains Are Dead - Polygon Is Betting Everything on Payments: As chain architectures converge, Boiron believes differentiation through speed and low fees is over. Polygon analysed its actual usage, found stablecoin payments was the standout vertical - $2.3 trillion already moved, fintechs across LatAm, Africa, and Southeast Asia already on-chain - and went all-in. The thesis is binary: if all money moves on-chain within a decade, even the 50th-best payments chain wins big. Polygon's Real Moat Is Enterprise Trust Built During the NFT Era: The 2022–23 enterprise NFT push looked like a dead end after FTX collapsed, but it left behind institutional due diligence and credibility. Fintechs evaluating payments chains find that Polygon has years of live production use, Fortune 500 relationships, and Stripe already defaulting to it - a trust advantage no newly launched chain can replicate. TOPICS Polygon Labs, Polygon protocol, blockchain, crypto, decentralized finance, DeFi, legal frameworks, token launches, meme coins, stablecoins, payments, fintech, Ethereum, ICO boom, web3, NFT, Stripe, Circle   ABOUT THE FINTECH BLUEPRINT

In this episode, I sit down with Tony from Sumex, an OG who's been in crypto since 2016. He shares how they're tackling one of crypto's biggest problems: fragmentation. From managing 20 browser tabs to trade across exchanges, to juggling wallets across different chains, crypto is a mess for most users. Tony walks through how Sumex aggregates CEXs, DEXs, DeFi protocols, and analytics into one intuitive platform. He shares lessons from raising seven figures, hitting $100M in trading volume in just four weeks, and why simplicity beats feature bloat every time. We also dive into what's happening in 2026, why this cycle topped on apathy, and what trends like RWAs and prediction markets mean for retail adoption. --- CONNECT ---Sumex Website: https://sumex.io/Sumex Platform: https://app.sumex.io/Sumex on Twitter/X: https://twitter.com/sumex--- KEY POINTS WITH TIMESTAMPS ---• [01:21] How Tony went from TradFi CFD and forex brokers into crypto in 2017• [04:33] Running an ICO roadshow in 2018 and raising $12M during the boom• [06:16] The core problem Sumex solves: crypto tribalism, fragmentation, and steep learning curves• [07:17] Who Sumex is for: active crypto users across trading, investing, and DeFi• [10:51] How they focused on building the best trading terminal first before expanding• [15:25] Biggest technical challenge: every CEX and DEX has different APIs and documentation• [18:45] Key trends in 2026: RWAs finally have institutional support and legal frameworks• [22:35] Why this cycle topped on apathy and didn't bring in fresh retail blood like NFTs did• [28:56] The feature Tony is most hyped about: the connection manager that aggregates everything• [32:36] Four weeks in: 30,000 users, $100M in futures volume, and what's next• [34:37] Sumex raised seven figures in pre-seed and is looking for strategic investorsDisclaimerNothing mentioned in this podcast is investment advice and please do your own research. It would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend. Be a guest on the podcast or contact us - https://www.web3pod.xyz/

Thank you to our sponsors! Fuse: The Energy Network MultiChain Advisors Trove Markets crashed at launch after a hyped ICO. X has pulled the plug on the InfoFi meta. Farcaster has been absorbed. In this packed Uneasy Money episode, hosts Luca Netz, Kain Warwick and Taylor Monahan delve into how Trove's crash suggests that crypto's ICO struggles persist. Kain suggests X's move to block out InfoFi applications is “bullish” for the platform and the crew explores what's next for decentralized social media along with the takeaways from Farcaster's run. They also discuss the pervasiveness of wallet poisoning scams, why Cosmos is struggling despite its good tech and why Paradex's rollback suggests that crypto's “code is law” ethos may be dying out. Don't miss out on how Luca nearly got wrapped up in the Trove drama and Tay's tips to spot suspicious projects. Plus, why Kain thinks two people building with AI could succeed where Farcaster failed. Hosts: Luca Netz, CEO of Pudgy Penguins Kain Warwick, Founder of Infinex and Synthetix Taylor Monahan, Security at MetaMask Links: Uneasy Money: ICOs Are Back and Why Airdrops Are Instantly Dumped X Bans Incentivized Posting Apps, Prompting Shakeup in Crypto Engagement Platforms Linda Xie on How Mini-Apps Are Helping Farcaster Take on Web2 Social Media Ethereum Sets New Activity Record as Network Upgrades Pay Off Paradex Rollback Raises Hard Questions After Pricing Glitch Triggers Liquidations Learn more about your ad choices. Visit megaphone.fm/adchoices