American rower and entrepreneur
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Reuben Carranza knows a good brand when he sees it. Bansk Beauty, where he serves as executive chairman, made headlines in September after acquiring the buzzy, clinical skin-care brand Byoma. It's part of the late-stage private investment firm's growing beauty roster, which includes Amika, Eva NYC and Ethique. “No. 1, they're on a tear, right? They're growing rapidly. But I think what we loved about them was the story,” he told Glossy on stage at this week's annual Glossy Beauty and Wellness Summit about its Byoma acquisition. “It's the story: they've de-complicated complicated skin-care routines.” Carranza kicked off the Summit with a special live podcast recording, where he shared insights into the firm's investment philosophy and growth plans for its brands. He also shared career advice from his stacked CV, which includes more than two decades at P&G and leadership roles at R+Co Hair, Kate Somerville skin care, and more. This special session is ahead, but first, hosts Lexy Lebsack and Emily Jensen share highlights from the Summit and dig into the news of the week. First up, the hosts break down the latest from Tylenol- and Neutrogena-owner Kenvue. Kimberly-Clark Corp. will acquire Kenvue Inc. in a deal valued at $48.7 billion. Kimberly-Clark's portfolio includes consumer brands like Huggies, Kleenex and Cottonelle. Next up, a look at Skims's buzzy new hire. Diarrha N'Diaye was named evp, beauty and fragrance of Kim Kardashian's upcoming Skims Beauty. N'Diaye has worked in marketing and branding for the likes of Glossier and L'Oréal, and was most recently the founder of Ami Colé, which shuttered in July. She will lead product development, innovation and brand strategy for Skims's upcoming beauty launch. Finally, an analysis of a hefty investment in Blueprint, the supplement company from American entrepreneur and biohacker Bryan Johnson. The company has taken on $60 million in funding from investors like Kim Kardashian, Ari Emanuel, Cameron and Tyler Winklevoss, and many more big names. Johnson is best known for documenting his quest to age in reverse on YouTube and through the Netflix film “Don't Die.” Blueprint currently offers a variety of products DTC, including drink mixes, supplements and skin care.
This Day in Legal History: Copyright Act of 1976On October 27, 1978, key provisions of the Copyright Act of 1976 officially took effect, modernizing U.S. copyright law for the first time in nearly 70 years. Although signed by President Gerald Ford in 1976, the Act delayed implementation of its core provisions until this date to allow for public and institutional adjustment. The law marked a major shift in how copyright was conceived, particularly by aligning U.S. law more closely with international standards.One of the most important changes was the extension of copyright protection to unpublished works, which had previously existed in a murky legal space. The Act also introduced the concept of works being protected once they were “fixed in a tangible medium of expression”, rather than requiring publication or registration, making protection more automatic and accessible. It moved away from the fixed-term system—previously 28 years with a renewal—toward a life-plus-50-years standard for most works, further updated to life-plus-70 years in 1998.Additionally, the law provided for fair use codification, laying out a four-factor test still used by courts today. It also clarified authorship and ownership rights, especially in the context of work-for-hire arrangements, and created clearer paths for compulsory licensing of certain works, including music.The Copyright Act of 1976 thus ushered in a more author-centric and technologically adaptive framework. It was designed with an eye toward the emerging digital era, even though it predates the internet. The Act remains the backbone of American copyright law today, regularly referenced and amended as new challenges arise.What I guess could be broadly considered a feel-good story, Isaac Stein's pivot from federal tax attorney to full-time hot dog vendor during the government shutdown is equal parts charming and quietly damning. With the IRS idled and thousands of public workers furloughed, Stein has taken his sidelining as an opportunity to live out a childhood dream — running a hot dog cart named SHYSTERS, complete with Moon Pies, RC Cola, and a slogan that reads, “The Only Honest Ripoff in D.C.” Wearing his usual business suit, he blends satire and performance art while serving construction workers, telecommuters, and other locals near the D.C. Metro.What began as a quirky weekend hobby has become a daily operation thanks to the indefinite work stoppage. Stein, 31, brings a regulatory lawyer's precision to the permitting process and a people person's flair to sidewalk commerce, referencing old-school D.C. aesthetics and childhood nostalgia with every dog he serves. Customers who can explain the cultural significance of RC Cola and Moon Pies even get a nickel off — an appropriately ironic twist in a city where billions of dollars are stuck in limbo.But the charm of this setup — a suit-clad lawyer slinging hot dogs under a punny sign — shouldn't distract from the underlying issue: Stein, like hundreds of thousands of other federal workers, is benched not by choice but by political dysfunction. He can afford to make it into an art project; others can't. The shutdown has real economic and emotional consequences, and not everyone has the resources or flexibility to turn lost income into a pop-up business. As clever and good-humored as SHYSTERS is, it also reminds us that “doing something fun” is not a substitute for stable governance or paychecks that come on time.Washington lawyer on furlough lives out dream of running a hot dog cart | ReutersPresident Donald Trump has appointed Michael Selig as chair of the Commodity Futures Trading Commission (CFTC), signaling a continued push to make the U.S. a global hub for digital assets. Selig, currently the CFTC's chief counsel for its crypto task force, confirmed his selection alongside David Sacks, the White House's lead official for AI and crypto policy. Both praised the move as aligning with broader goals to modernize financial regulations and support innovation in digital markets.Selig stated he would prioritize freedom, competition, and innovation while helping establish the U.S. as the “Crypto Capital of the World.” His appointment follows a series of pro-crypto policy moves under Trump, including passage of the GENIUS and CLARITY Acts, both aimed at creating clearer regulatory frameworks for cryptocurrencies.Selig replaces Brian Quintenz, whose stalled nomination was reportedly derailed by lobbying efforts from Gemini co-founder Tyler Winklevoss. The episode highlighted tensions within the crypto industry over regulatory leadership. Selig brings both public and private sector experience to the role, having previously worked at the law firm Willkie Farr & Gallagher before joining the CFTC in March 2025. His appointment reflects the administration's continued alignment with digital asset advocates and its willingness to reshape financial oversight around emerging technologies.Trump names Michael Selig to chair CFTC; Selig cites crypto capital goal | ReutersExxon Mobil has filed a lawsuit against the state of California, challenging two newly enacted climate disclosure laws that require large companies to publicly report greenhouse gas emissions and climate-related financial risks. In its complaint filed in federal court, Exxon argues that Senate Bills 253 and 261 violate its First Amendment rights by compelling it to endorse views on climate reporting it disagrees with. The company contends that California's mandated frameworks are misleading, unnecessary, and conflict with existing voluntary disclosures and federal regulations.SB 253, set to take effect in 2026, targets companies earning over $1 billion annually and requires them to report both direct and indirect emissions — including those from suppliers and consumers. SB 261 applies to firms with over $500 million in revenue and mandates disclosure of climate-related financial risks and mitigation strategies. Exxon says the laws amount to forced speech and overreach by the state, particularly given the overlap with federal disclosure requirements.While tech giants like Apple, Ikea, and Microsoft backed the legislation, major industry groups such as the U.S. Chamber of Commerce and the American Farm Bureau Federation opposed it, calling the mandates burdensome. California has defended similar environmental policies in the past, but the outcome of this case could shape how far individual states can go in regulating corporate climate disclosures, especially when federal standards already exist.Exxon sues California over climate disclosure laws | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Story of the Week (DR):Citi's Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boota one-time equity award (the Award), consisting of Restricted Stock Units (RSUs) with a grant date value of $25 million and 1.055 million Citigroup stock optionsthe Compensation, Performance Management and Culture CommitteeDuncan P. Hennes (Chair)*Peter B. Henry*Other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)Renée J. JamesOther directorships: Oracle Corporation, Sabre Corporation, Vodafone Group Plc, President's National Security Telecommunications Advisory Committee (Member and Prior Chair), and University of Oregon (Trustee)Gary M. Reiner*Diana L. Taylor*Other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Casper W. von KoskullCommittee Meetings in 2024: 15Citi elected CEO Jane Fraser as ChairJohn Dugan, who served as Chair of Citi's Board since 2019, will become Lead Independent DirectorCEO armies MMElon Musk Wants ‘Strong Influence' Over the ‘Robot Army' He's BuildingIn a Tesla earnings call Wednesday, the world's richest man pondered the future of his company's Optimus robots—and his control over them.“If we build this robot army, do I have at least a strong influence over this robot army?” he told investors. “Not control, but a strong influence… I don't feel comfortable building that robot army unless I have a strong influence.”His repeated use of the word “army” certainly stands out, suggesting the robot could eventually be used as a weapon. Is Musk considering having his robots be deployed as soldiers?Elon Musk Threatens to Leave Tesla if Shareholders Don't Approve His Trillion-Dollar Pay Package – Warns, “Which Other Automotive CEO Would You Like to Run Tesla Because It Won't Be Me”Secret Plans Reveal Amazon Plot to Replace 600,000 Workers With Robot ArmyThe ongoing CEO/Trump Oligarchical BromanceTrump pardons convicted Binance founder Changpeng ZhaoZhao, who is widely known as CZ, had pleaded guilty in 2023 to enabling money laundering while CEO of the huge cryptocurrency exchange.Zhao's plea was part of a $4.3 billion settlement Binance reached with the DOJ in 2023.The pardon of Zhao, widely known as CZ, came two months after The Wall Street Journal reported that the Trump family's own crypto venture, which has generated about $4.5 billion since the 2024 election, has been helped by “a partnership with an under-the-radar trading platform quietly administered by Binance.”NBC News, citing a public disclosure filing from Monday, reported that Binance in September had retained the services of the lobbyist Charles McDowell, who is a friend of the president's son, Donald Trump Jr.Trump calls off planned 'surge' of federal forces in San Francisco after talking to Jensen Huang and Marc BenioffHere are the donors contributing to Trump's White House ballroomIn summary: techbros, oil, tobacco, cryptoCorporationsAltria Group, tobacco (donated $1 million to Trump's 2025 inauguration fund)Amazon (donated $1 million to Trump's 2025 inauguration fund)Apple (donated $1 million to Trump's 2025 inauguration fund)Booz Allen HamiltonCaterpillarCoinbase (donated $1 million to Trump's 2025 inauguration fund)In February, the SEC dropped a pending case against the firm.Comcast Corporation (donated $1 million to Trump's 2025 inauguration fund)Google (donated $1 million to Trump's 2025 inauguration fund)$22 million toward the ballroom came from a settlement Trump reached with the Google-owned video site YouTube, ending a lawsuit he brought over the company's 2021 decision to suspend his account in the wake of the Jan. 6, 2021, attack on the U.S. Capitol.Hard Rock InternationalHP Inc.Lockheed MartinIn an emailed statement, the company said it was “grateful for the opportunity to help bring the President's vision to reality and make this addition to the People's House, a powerful symbol of the American ideals we work to defend every day.”Meta Platforms (donated $1 million to Trump's 2025 inauguration fund)In January, Meta agreed to pay $25 million to settle a 2021 lawsuit brought by Trump that alleged the company's suspension of his social media accounts after the Jan. 6, 2021, attack on the U.S. Capitol amounted to an act of censorship.Micron Technology (donated $1 million to Trump's 2025 inauguration fund)MicrosoftNextEra Energy (donated $1 million to Trump's 2025 inauguration fund)Palantir TechnologiesHas won hundreds of millions of dollars in new and expanded business since Trump's second term began, including contracts at the FAA, CDC, and further contracts with the U.S. military.Ripple (donated $4.9 million to Trump's 2025 inauguration fund)In March, the company's CEO announced that the SEC would drop its long-running litigation over whether its cryptocurrency is a security.Reynolds American, tobacco company.T-MobileTether AmericaThe company, which has ties to Commerce Secretary Howard Lutnick, is the issuer of the world's largest stablecoin, a type of cryptocurrency designed to hold a steady value.Union Pacific RailroadIndividualsStefan E. Brodie: an American businessman, convicted felon, and political donor known for co-founding The Bro-Tech Corporation (Purolite Company), a chemical manufacturing firmHarold Hamm: the billionaire oil executive played a key role in helping Trump raise funds from oil industry donors during the 2024 electionBenjamin Leon Jr., the health-care company founder was nominated as U.S. Ambassador to Spain in March.The Lutnick Family: Commerce Secretary Howard Lutnick is a billionaire and former Wall Street executive.Isaac “Ike” Perlmutter: former Marvel NEO who donated over $25 million towards the 2024 Republican campaign.Stephen A. Schwarzman: Blackstone CEO who donated $40 million to Republican organizations for last year's election.Konstantin Sokolov: private equity investor.Kelly Loeffler and Jeff Sprecher: Loeffler is head of the Small Business Administration; Sprecher is CEO/CHair/founder of Intercontinental ExchangePaolo Tiramani: founder of prefabricated homes company BOXABL Cameron Winklevoss and Tyler Winklevoss: co-founders of crypto platform Gemini.Activist investor group that includes Travis Kelce aims to revive struggling Six FlagsTravis Kelce is part of an activist investor group (with JANA Partners and others) that has acquired roughly a 9 % economic interest in Six Flags. The group's stated intention is to engage with Six Flags' management and board to improve performance, guest experience, marketing, etc. In the reporting by Reuters, it explicitly says that “Consumer executive Glenn Murphy and technology executive Dave Habiger … could, along with Kelce, serve as potential board nominees.”Goodliest of the Week (MM/DR):DR: Hundreds of Power Players, From Steve Wozniak to Steve Bannon to Richard Branson, Just Signed a Letter Calling for Prohibition on Development of AI Superintelligence"Nobody developing these AI systems has been asking humanity if this is OK."The letter cites recent polling from FLI, which was cofounded by the Massachusetts Institute of Technology professor Max Tegmark, showing that only five percent of Americans are in favor of the rapid and unregulated development of advanced AI toolsMM: Linda McMahon mixed up AI and A.1. — so of course now the steak sauce is all over itAssholiest of the Week (MM):Robot armies DRSecret Plans Reveal Amazon Plot to Replace 600,000 Workers With Robot ArmyElon Musk defends $1 trillion pay package: ‘I just don't feel comfortable building a robot army here and then being oustedMeta tells some employees their jobs are being replaced by tech: read the memoAWS Outage That Took Down Internet Came After Amazon Fired Tons of Workers in Favor of AIUS firm's Star Wars-style humanoid robot soldier brings sci-fi to battlefield2024: What Is a ‘Clanker'? New Slur for Robots Catches On (it's also from Star Wars)Fake retirementJeff Bezos Says He's the 'Least Retired Person in the World'...And He'll 'Never Retire Because Work Is Too Much Fun'In our data, there are 251 US board chairs that are executives at the company, WERE the CEO, but are NOT the CEO now - that's 251 Jeff Bezos' who get paid like a CEO to work how they want without any accountabilityThey don't give press conferences or earnings callsThey don't answer to the CEO, they answer to themselvesThey control the board without having to answer to it122 of them are NOT family or founder firms - meaning they were just the CEO and they're sticking aroundThat includes Donald Umpleby at CaterpillarAt Schwab, Charles Schwab is a CO-chair with ex-CEO Walter Bettinger II, and the board has a THIRD CEO on it in Richard WursterThe average TSR performance of these people is .477 - below averageIn zero situations is it worth having any of these people on the boardBoysTrump says Jensen Huang and Mark Benioff helped convince him not to send troops to San FranciscoCiti CEO's $25 Million Bonus Is Excessive, Top Bank Analyst Mike Mayo SaysElon Musk got feisty about his $1 trillion pay package in the final minutes of Tesla's earnings callMicrosoft CEO Satya Nadella's annual pay jumps to $96.5 millionPalmer Luckey says he told Anduril investors they can't complain if he takes time off to be on 'Survivor'Elon Musk Accuses Head of NASA of Being “Gay”Bill Ackman calls Trump the 'most pro-business president we've ever had'Integrity for sportsWhile the Trump Administration inserts itself in every crypto venture with no oversight, openly insider trades, and Congress does the same, heaven forbid it happen in sports… Chauncey Billups, others arrested in FBI probe linking NBA to Mafia gambling ringHeadliniest of the WeekDR: Airbnb CEO Brian Chesky has one question he likes to ask every entrepreneur: ‘Why does your company deserve to exist?'MM: SPEED ROUNDTesla recalls over 63,000 Cybertrucks due to the front lights being too brightMosquitoes found in Iceland for first timeCracker Barrel CEO Says Logo Update Wasn't 'Woke' — Just Easier to ReadReading IS woke!McDonald's CEO says he eats at the chain '3 or 4 times a week'Who Won the Week?DR: obviously JaneMM: MosquitosPredictionsDR: In 2070, future MetaSoul (née Facebook/Meta Platforms) CEO August Zuckerberg has one question she likes to ask every non-AI human: ‘Why do you deserve to exist?'MM: McDonald's CEO Chris Kempczinski goes from his reported weight of 158lbs to 220lbs inside a year
Brian Quintenz took dispute with Tyler Winklevoss to X. CFTC chair nominee Brian Quintenz released text messages with Gemini co-founder Tyler Winklevoss on Wednesday, suggesting Winklevoss had "misled" President Donald Trump about why the executive opposed Quintenz's nomination. CoinDesk's Jennifer Sanasie breaks down what you missed about the dispute on “CoinDesk Daily.” - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit midnight.network/break-free - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
This is the premise of Focus Friend, a productivity app created by Honey B Games and Hank Green, the longtime online creator/entrepreneur/educator/sock salesman. Though the app was soft launched last month, Focus Friend is only now gaining momentum on the App Store charts — likely because Green and his brother, author John Green, are posting about it more — reaching No. 4 among all free apps and No. 2 among productivity apps. Also, another crypto company is headed for the public markets. This time, it's Gemini Space Station Inc., the New York-based crypto exchange and custodian bank founded by billionaire twins Cameron and Tyler Winklevoss. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In the wake of President Trump's meeting with Russia's Vladimir Putin in Alaska on Friday, Ukrainian President Volodymyr Zelenskyy joins heads of state from Germany, France, the UK, and other European leaders in Washington, DC. U.S. Ambassador to NATO Matthew Whitaker explains the concessions on the table for peace in Ukraine. A group of Senate Democrats have written a letter urging President Trump to rethink US chip sales to China. In a debate about that industrial policy and the impact of a potential government stake in Intel, former economic advisor for President Trump Stephen Moore joins former Treasury official under President Biden, Natasha Sarin. Plus, investors await the Federal Reserve's annual symposium this upcoming Friday in Jackson Hole, Wyoming, and Cameron and Tyler Winklevoss are aiming to capitalize on an open IPO window. Matthew Whitaker - 16:07Natasha Sarin & Stephen Moore - 29:53 In this episode:Eamon Javers, @EamonJaversBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
God's Debris: The Complete Works, Amazon https://tinyurl.com/GodsDebrisCompleteWorksFind my "extra" content on Locals: https://ScottAdams.Locals.comContent:Politics, Google Doppl, Grok 4, Elon Musk, 1st Principles AI, Meta AI, Palantir Nuclear Power, TikTok Purchase Proposal, Coeur d'Alene Shooter, 2020 Election Doubt, Iran Fordow Activity, Iran Baby Martyr Pledge, Anti-Trump Fatwa, Netanyahu Trial Postponed, Big Beautiful Bill, Lara Trump, Canada Tariffs, Tariffs July 9, Chris Murphy, Asylum Loophole, LA Riots Funding, Tyler Winklevoss, Zohran Mamdani, Anti-Billionaires Mamdani, Muslim Culture, Cartel Hacks FBI Agent, Scott Adams~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~If you would like to enjoy this same content plus bonus content from Scott Adams, including micro-lessons on lots of useful topics to build your talent stack, please see scottadams.locals.com for full access to that secret treasure.
God's Debris: The Complete Works, Amazon https://tinyurl.com/GodsDebrisCompleteWorksFind my "extra" content on Locals: https://ScottAdams.Locals.comContent:Politics, Daddy Trump, Battle Damage Assessment Leaker, Natasha Bertrand, President Trump, Jamaal Bowman, Supreme Leader Khamenei, Biden Khamenei Comparison, Anthony Bernal, President Netanyahu, Jerome Powell, Zohran Mamdani Policies, James Carville, Democrat Run Cities, Tyler Winklevoss, ActBlue Fraud Investigation, DOJ Sues Orange County CA, Diddy Charges Dropped, Scott Adams~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~If you would like to enjoy this same content plus bonus content from Scott Adams, including micro-lessons on lots of useful topics to build your talent stack, please see scottadams.locals.com for full access to that secret treasure.
Tillman Holloway of ArchPublic.com discusses all things bitcoin and cryptocurrency, how crypto maxis are most loyal to the coin that's made them the most money, bitcoin as digital gold, altcoins, investing in cryptocurrency including with his automated software Arch Public, how we're moving into a world of blockchains and smart contracts, NFTs, memecoins, stablecoins, and how CBDCs are inevitable. Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Tillman Holloway: The Future Will Be One of Blockchains, CBDCs, and Cryptocurrencies #527 *Support Geopolitics & Empire! Become a Member https://geopoliticsandempire.substack.com Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics PassVult https://passvult.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Arch Public https://archpublic.com About Tillman Holloway Tillman Holloway, a former All-American and First-Team All-Big 12 guard at the University of Texas, transitioned from a successful football career to over a decade of expertise in Bitcoin and blockchain technology. Today, as the leader of Arch Public, Tillman is driving the revolution in trading automation, utilizing advanced futures and crypto algorithms. Through strategic partnerships with renowned YouTuber Scott Melker and Gemini, the leading crypto exchange co-founded by Cameron and Tyler Winklevoss, Arch Public is expanding its reach and influence. The company empowers traders with institutional-grade, rule-based strategies that eliminate emotional bias, enabling users to confidently navigate both traditional finance and crypto markets. Arch Public's software removes the anxiety of predicting market movements, offering a solution where there's no need for a crystal ball to predict the future, just data-driven, automated decision-making. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Democrats once seemed to have a monopoly on Silicon Valley. Perhaps you remember when Elon Musk bought Twitter and posted pictures of cabinets at the old office filled with “#StayWoke” T-shirts. But just as the country is realigning itself along new ideological and political lines, so is the tech capital of the world. In 2024, many of the Valley's biggest tech titans came out with their unabashed support for Donald Trump. There was, of course, Elon Musk. . . but also WhatsApp co-founder Jan Koum; Cameron and Tyler Winklevoss, who run the cryptocurrency exchange Gemini; VCs such as Shaun Maguire, David Sacks, and Chamath Palihapitiya; Palantir co-founder Joe Lonsdale; Oculus and Anduril founder Palmer Luckey; hedge fund manager Bill Ackman; and today's Honestly guest, one of the world's most influential investors and the man responsible for bringing the internet to the masses—Marc Andreessen. Marc's history with politics is a long one—but it was always with the Democrats. He supported Democrats including Bill Clinton in 1996, Al Gore in 2000, and John Kerry in 2004. He endorsed Barack Obama in 2008 and then Hillary Clinton in 2016. But over the summer, he announced that he was going to endorse and donate to Trump. Public records show that Marc donated at least $4.5 million to pro-Trump super PACs. Why? Because he believed that the Biden administration had, as he tells us in this conversation, “seething contempt” for tech, and that this election was existential for AI, crypto, and start-ups in America. Marc got his start as the co-creator of Mosaic, the first widely used web browser, which is said to have launched the internet boom. He then co-founded Netscape, which became the most popular web browser in the '90s, and sold it to AOL in 1999 for $4.2 billion. He later became an angel investor and board member at Facebook. And in 2006, when everyone told Mark Zuckerberg to sell Facebook to Yahoo for $1 billion, Marc was the only voice saying: don't. (Today, Facebook has a market cap of $1.4 trillion.) He now runs a venture capital firm with Ben Horowitz, where they invest in small start-ups that they think have potential to become billion-dollar unicorns. And their track record is pretty spot-on: They invested in Airbnb, Coinbase, Instagram, Instacart, Pinterest, Slack, Reddit, Lyft, and Oculus—to name a few of the unicorns. (And for full disclosure: Marc and his wife were small seed investors in The Free Press.) Marc has built a reputation as someone who can recognize “the next big thing” in tech and, more broadly, in our lives. He has been called the “chief ideologist of the Silicon Valley elite,” a “cultural tastemaker,” and even “Silicon Valley's resident philosopher-king.” Today, Bari and Marc discuss his reasons for supporting Trump—and the vibe shift in Silicon Valley; why he thinks we've been living under soft authoritarianism over the last decade and why it's finally cracking; why he's so confident in Elon Musk and his band of counter-elites; how President Biden tried to kill tech and control AI; why he thinks AI censorship is “a million times more dangerous” than social media censorship; why technologists are the ones to restore American greatness; what Trump serves for dinner; why Marc has spent about half his time at Mar-a-Lago since November 5; and why he thinks it's morning in America. Go to groundnews.com/Honestly to get 50% off the unlimited access Vantage plan and unlock world-wide perspectives on today's biggest news stories. If you liked what you heard from Honestly, the best way to support us is to go to TheFP.com and become a Free Press subscriber today. Learn more about your ad choices. Visit megaphone.fm/adchoices
TODAY'S SHOW WAS LIVE ON X Bitcoin Play to CryptoPunks' 730% Surge - The Crypto Elite Reshapes Power Dynamics SUMMARY: Bitcoin dominates at $91K with a staggering $1.8T market cap while Pennsylvania considers a groundbreaking 10% treasury allocation to crypto. CryptoPunks explode with a 730% volume surge as floor prices break $100K. Meanwhile, Gary Gensler's potential SEC exit coincides with Tyler Winklevoss's fierce criticism and BitBoy Crypto's mounting legal troubles. Solana's AI projects and Shiba Inu's Shibarium milestone showcase the market's innovative momentum amid a $3.16T total market capitalization.
Today's Sponsor: YouTube TVhttp://thisistheconversationproject.com/youtubetv Today's Rundown:A double dose of Obama firepower, a doting spouse and a dance party: Takeaways from Day 2 of the DNChttps://apnews.com/article/harris-dnc-convention-obama-project-2025-490981a504638749cf2c18848506c74b Jennifer Lopez Files for Divorce from Ben Affleck, No Prenuphttps://www.tmz.com/2024/08/20/jennifer-lopez-ben-affleck-file-divorce/Oklahoma State football helmets to have QR codes for fans linking to NIL donation pagehttps://sports.yahoo.com/oklahoma-state-football-helmets-to-have-qr-codes-for-fans-linking-to-nil-donation-page-185217314.html Star Wars: The Acolyte Canceled After One Seasonhttps://comicbook.com/tv-shows/news/star-wars-the-acolyte-canceled-no-season-two/?utm_source=smartnews.com&utm_medium=feed&utm_campaign=SmartNews%20Feed Chappell Roan slams abuse and harassment from fans in TikTok videohttps://www.usatoday.com/story/entertainment/music/2024/08/20/chappell-roan-stalker-comments-harassment-abuse-tiktok/74869228007/?tbref=hp UPS driver suffering from heat exhaustion 'passed out,' got into crash, Teamsters sayhttps://www.usatoday.com/story/news/nation/2024/08/20/ups-driver-passed-out-texas-crash-heat-exhaustion-teamsters/74869224007/?tbref=hp Judge Gives Mike Lindell Ultimatum In $5 Million 'Prove Me Wrong' Casehttps://www.newsweek.com/mike-lindell-federal-court-minnesota-election-challenge-5-million-prove-me-wrong-1941734 Angelina Jolie and Brad Pitt's Daughter Shiloh Granted Name Change, Will Go by Shiloh Joliehttps://www.yahoo.com/entertainment/angelina-jolie-brad-pitts-daughter-185928560.html Website: http://thisistheconversationproject.com Facebook: http://facebook.com/thisistheconversationproject Twitter: http://twitter.com/th_conversation TikTok: http://tiktok.com/@theconversationproject YouTube: http://thisistheconversationproject.com/youtube Podcast: http://thisistheconversationproject.com/podcasts ONE DAY OLDER ON August 21:Kelis (45)Cameron and Tyler Winklevoss (43)Usain Bolt (38) WHAT HAPPENED TODAY:1858: The first of seven debates between U.S. Senate candidates Abraham Lincoln and Stephen A. Douglas was held in Ottawa, Illinois.1912: Arthur Eldred became the first Eagle Scout, by earning 10 badges of his choice and 11 specific badges.1959: President Dwight D. Eisenhower signed an executive order proclaiming Hawaii the 50th state of the union. WORD OF THE DAY: multitude [ muhl-ti-tood, -tyood ]https://www.dictionary.com/browse/multitudea large indefinite numberThe library was home to a multitude of books, offering endless knowledge and adventure to those who sought it. DAILY AFFIRMATION: I Am Focused, Persistent, And Will Never Give Up.Enhances Skills: Affirming your focus and persistence can lead to significant improvements in your abilities. A dedicated mindset encourages continuous learning and skill enhancement, making you more adept in your personal and professional endeavors.https://www.amazon.com/100-Daily-Affirmations-Positivity-Confidence/dp/B0D2D6SS2D/ref=sr_1_1?crid=1WQBWD1QLPY95&dib=eyJ2IjoiMSJ9.NRYOXILA_fPs_fuXcyiwODc6ZLTRzYtg7HkX2KxYA70.NatQgGVyJVt3ySzvXdHtT8q-IUGRsteKym8W5ZZ27dM&dib_tag=se&keywords=100+affirmations+payne&qid=1724015654&sprefix=100+affirmations+payne%2Caps%2C145&sr=8-1 PLUS, TODAY WE CELEBRATE: Sweet Tea Dayhttps://www.nationaldaycalendar.com/national-day/national-iced-tea-day-june-10#:~:text=June%2010%20is%20National%20Iced,random%20information%20about%20iced%20tea.Iced tea is the second most popular beverage in the world, following water. The oldest tea remains date to around 453BC. Archeologists from Shandong University and the University of Science and Technology found 2,400 year old tea remains in a royal tomb in the Shandong province.
Jacob Peters is the Co-Founder and CEO at Superpower.com, the world's most advanced healthcare platform for prevention and longevity. Prior to Superpower, Jacob started two companies worth over $500m by age 26 – all while overcoming a near-death health experience that left him without 3 major organs, a $2m hospital bill, and a prescription to medicate for life. After an extensive healing journey that led him to the frontier of modern medicine, he realized there was an opportunity to build a new type of technology company that makes it easier to be healthier and disease-free. Superpower is funded by top venture capitalists and billionaires like Cameron & Tyler Winklevoss, Balaji Srinivasan, Cyan Bannister, and the founder of Doordash ($70B IPO). Episode 80 chronicles Jacob's unbelievable story and shares valuable insight into how Americans can reclaim their health.Learn more at Superpower.com
Il governo ha posto la fiducia in Aula alla Camera sul decreto salva-casa. A chiederla a nome dell'esecutivo il ministro per i Rapporti con il Parlamento Luca Ciriani. Il testo è in prima lettura a Montecitorio. Il voto finale ci sarà venerdì. Se tra le norme inserite nel provvedimento manca a sorpresa il Salva Milano è arrivata l approvazione di alcune novità pesantissime. Tra queste, spicca un emendamento riformulato e firmato da tutta la maggioranza, che allarga di molto il perimetro della sanatoria sulle difformità parziali, introdotta dalla prima versione del provvedimento. Ne parla proprio il relatore Dario Iaia: «Siamo intervenuti sulla norma che disciplina l accertamento di conformità nelle ipotesi di parziale difformità ricomprendendo in questa nozione anche le variazioni essenziali, al fine di superare le differenze tra Regione e Regione e fugare ogni dubbio o motivo di confusione. Si supera il regime della doppia conformità quindi anche per le variazioni essenziali». Il vecchio testo, che faceva riferimento alle difformità parziali (una gradazione minore di divergenza dal titolo edilizio), comportava che ogni Regione desse la una definizione diversa di questa categoria, con grandi scostamenti percentuali. Ne parliamo con Giuseppe Latour, Il Sole 24 Ore.Come si sta muovendo mister Musk?I milioni di Elon Musk fanno irruzione al Fiserv Forum, la grande arena di Milwaukee che ospita i quattro giorni della Convention repubblicana. Milioni che si sommano all entusiasmo di delegati e militanti per un ticket presidenziale, Donald Trump-JD Vance, che ha rafforzato la scommessa del partito sul successo del populismo conservatore, in economia come in politica estera. Musk ha promesso di staccare assegni da ben 45 milioni di dollari al mese per una nuova organizzazione pro-Trump, America Pac, assieme ad altri finanzieri a lui vicini, quali Joe Lonsdale di Palantir e i gemelli delle criptovalute, Cameron e Tyler Winklevoss. Musk ha anche guidato sforzi di lobbying proprio a favore della scelta di Vance. E un altro venture capitalist di Silicon Valley, Peter Thiel, è da sempre sponsor del neo-candidato alla vicepresidenza, che ha lavorato per lui.Intanto sempre ieri Elon Musk scarica la California e infligge un duro colpo alla Silicon Valley. Il miliardario annuncia che SpaceX e X si trasferiranno in Texas e spiega che la sua decisione è legata alla legge appena firmata dal governatore Gavin Newsom che vieta alle scuole di richiedere allo staff di informare i genitori nel caso in cui il bambino o ragazzo dovesse identificarsi come transgender. "L'ultima goccia. A causa di questa legge e di altre che l'hanno preceduta, SpaceX trasferirà la sua sede da Hawthorne in California e Starbase in Texas", ha detto il miliardario, secondo il quale la norma attacca le famiglie e le aziende. Approfondiamo il tema con Alessandro Plateroti - nuovo Direttore di NewsMondo.it Per la Tav Torino-Lione in arrivo dall Europa altri 765 milioni. Intanto si prospetta l'estate nera per il traffico ferroviarioL'Unione Europea ha stanziato ulteriori 765 milioni di euro per il progetto di collegamento ferroviario ad alta velocità Torino-Lione. In particolare, è stata stanziata una dotazione di 700 milioni di euro per il tunnel attualmente in costruzione nelle Alpi, sotto il Moncenisio e per il suo collegamento ai binari di Saint-Jean-de Maurienne (Francia) e Susa (Italia): fa parte dell'investimento «record» di 7 miliardi di euro dedicato alle infrastrutture di trasporto sostenibili, secondo un comunicato stampa della Commissione europea. Questo tunnel rappresenta un totale di 164 chilometri di gallerie. Ad oggi sono già stati scavati 37 chilometri, di cui 13,5 per il tunnel di base, secondo la società pubblica franco-italiana Telt, che prevede la sua entrata in servizio nel 2032. Inoltre, fondi per 64,569 milioni sono stati stanziati per co-finanziare gli studi che la Francia deve ancora avviare per determinare il percorso dei binari ferroviari tra Lione e il tunnel. L'Ue non ha previsto finanziamenti, invece, per gli studi dedicati alla tangenziale ferroviaria di Lione, che erano inclusi nella richiesta di finanziamento presentata a fine gennaio a Bruxelles. Ne parliamo con Andrea Giuricin, Docente di Economia dei Trasporti all'Università Bicocca di Milano.
Bitcoin is down slightly at $63,696 Eth is down slightly at $3,486 Binance Coin, down .5% at $583 Standard Chartered to launch London spot crypto trading desk for BTC & ETH New MicroStrategy BTC purchase means they control 1% of all BTC Gemini's Cameron & Tyler Winklevoss donate $2M in BTC to Trump campaign Consensys asks U.S. IRS to postpone new crypto regs Immunefi surpasses $100 million in payouts to white hats. Learn more about your ad choices. Visit megaphone.fm/adchoices
While a little red this morning, Bitcoin is still stuck in a holding pattern, but the past 24 hours have seen a flurry of stories, analysis and updates you need to get up to speed on. We also look at why Fetch.ai and SingularityNET — two prominent AI tokens — have surged upward in the past 24 hours in what might be an AI token price renaissance. The Winklevoss twins have donated $2 million in Bitcoin to Donald Trump in response to President Joe Biden's war on crypto, and LayerZero's newly launched ZRO token sees volatility after controversy over mandatory donations.Further reading:Bitcoin's days below $70K are numbered as traders cite BTC's swing low as the bottomBitcoin price rebound may hit in 10 days as Fed liquidity ‘rips higher'MicroStrategy completes $800M note offering to buy more BitcoinBernstein analysts expect $200K Bitcoin price by 2025 due to spot BTC ETF flowsWhy did Fetch and SingularityNET AI-tokens just surge 30%?Winklevoss twins pledge $2M for Trump, claiming Biden waged war on cryptoZRO token falls 17% amid controversy over LayerZero's ‘not an airdrop'So, grab yourself a coffee, and let's get into it!Rise'n'Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph's Twitter: @CointelegraphCointelegraph's website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.
The last two years have not been good for Armie Hammer, and things will likely only worsen. With Discovery's docuseries - House of Hammer - on the way, we look back at how exactly one of Hollywood's most promising young stars ended up an industry pariah. Before he went off the deep end, Hammer was considered a top-notch leading man. After making heads turn in David Fincher's The Social Network, where he famously played Cameron and Tyler Winklevoss in a dual role, Hollywood was keen to make him their next big star. He immediately hopped into leading roles in big tentpoles. He was The Lone Ranger, and he starred in The Man from U.N.C.L.E., but both pricey movies tanked at the box office. Suddenly Hollywood wasn't so sure he was bankable, but then a co-starring role in Luca Guadagnino's Call Me By Your Name unleashed his full charisma and once again put him at the head of casting lists, with him nabbing leads in the price Netflix remake of Rebecca and Kenneth Branagh's Agatha Christie adaptation, Death on the Nile.Alas, this is where things took a turn when it was alleged Hammer had certain “proclivities,” which led to abuse allegations from several women. At the same time, his alleged drug use became wildly known, but the allegations (which made people think he was a cannibal) sealed his fate in Hollywood, especially once text messages and D.M.'s were leaked. As quickly as his star rose, it fell to the point that he was recently apparently selling timeshares to make ends meet. Is this the end of Hammer? Hollywood loves a comeback, but will there be a way forward post-House of Hammer? We dig into it in this episode of W.T.F. Happened to this Celebrity, narrated and written (with Brad Hamerly) by Taylor James Johnson, and edited by Juan Jimenez.
Crypto's early backers, co-founders of Gemini Exchange Cameron and Tyler Winklevoss discuss the platform's offshore growth plans. We find out what investors in Singapore, Hong Kong and Thailand can expect from their new crypto derivative offerings and discuss their views on the evolving regulatory landscape for cryptocurrency.See omnystudio.com/listener for privacy information.
In this special episode of Pocketful of Dirhams, we talk to the billionaire twin brothers who famously sued Harvard classmate Mark Zuckerberg for allegedly stealing their idea for Facebook. Cameron and Tyler Winklevoss, former Olympic rowers and founders of crypto exchange Gemini, first became famous after their legal dispute with Mr Zuckerberg, portrayed in the critically acclaimed 2010 movie, The Social Network. Their venture into the world of cryptocurrency pushed the Winklevoss twins into the spotlight again. In 2014, they founded Gemini, which has become one of the most reputable and regulated platforms in the industry. Host Felicity Glover is joined by Cameron and Tyler at The National's newsroom in Abu Dhabi. They talk about their belief in Bitcoin, how they first came across it, why they founded Gemini, how to cope with the volatile crypto market and why AI is the next big thing for crypto. Produced by Arthur Eddyson and Doaa Farid
Gemini is a privately-owned cryptocurrency exchange that lets you buy, sell, trade, and securely store more than 60 cryptocurrencies. It was launched in 2014 by Cameron and Tyler Winklevoss under the formal name Gemini Trust Co., LLC.1 Gemini has a tiered service with separate interfaces and fee structures for casual investors and hardcore traders. I t has a mobile app, a payment app, and its own currency, the Gemini dollar. Unlike most cryptocurrencies, the Gemini dollar is a "stablecoin" tied to the U.S. dollar.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4432332/advertisement
If you've heard the name Winklevoss, it's likely that you've watched the movie The Social Network. The movie featured a memorable depiction of the Harvard twins and Olympic rowers who sued Mark Zuckerberg for allegedly stealing their idea for a social network. Or you might know that Cameron and Tyler Winklevoss set up a crypto exchange called Gemini, which is currently involved in a very public dispute with the folks over at Genesis. Both Genesis and Gemini - We know, so many G names - are facing serious allegations from US regulators about their products and services. Or you might be familiar with their cover band, Mars Junction. Tyler's the lead singer; Cameron jams on guitar. The twins certainly lead a very interesting life - and according to the Bloomberg Wealth tracker, they're worth billions of dollars. That wealth comes in part from their early adoption of digital assets like Bitcoin - when they settled out of court with Zuckerberg, for around $65 million, they put some of their assets into crypto. To break down what's up with the Winklevoss twins and their presence in digital assets, Bloomberg reporter Olga Kharif joins this episode. Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer: Desta Wondirad.See omnystudio.com/listener for privacy information.
L'exchange di criptovalute Gemini ha annunciato che ridurrà il proprio organico del 10%. Si tratta del terzo taglio in meno di un anno per la società, co-fondata dai gemelli Cameron e Tyler Winklevoss. A novembre 2022, Gemini aveva 1.000 dipendenti, secondo i dati di PitchBook, il che significa che circa 100 persone hanno perso il lavoro. La decisione di ridurre il personale arriva in un momento difficile per il mercato delle criptovalute, con molte società che hanno eliminato posizioni a causa della recessione del mercato.Questo show fa parte del network Spreaker Prime. Se sei interessato a fare pubblicità in questo podcast, contattaci su https://www.spreaker.com/show/4869332/advertisement
Bloomberg Intelligence Senior Global Banks Analyst Alison Williams reports on Goldman Sachs results showing its highest fourth-quarter compensation ratio in more than a decade as employee costs hit $3.76 billion. Bloomberg Businessweek Editor Joel Weber and Businessweek Columnist Max Chafkin talk about Cameron and Tyler Winklevoss lashing out at Barry Silbert, a fellow digital currency mogul and former business partner. Bloomberg News Space Reporter Loren Grush provides the details of her story SpaceX Excels as Elon Musk Preoccupies Himself With Twitter. And we Drive to the Close with Dana D'Auria, Co-CIO of Envestnet. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
Bloomberg Intelligence Senior Global Banks Analyst Alison Williams reports on Goldman Sachs results showing its highest fourth-quarter compensation ratio in more than a decade as employee costs hit $3.76 billion. Bloomberg Businessweek Editor Joel Weber and Businessweek Columnist Max Chafkin talk about Cameron and Tyler Winklevoss lashing out at Barry Silbert, a fellow digital currency mogul and former business partner. Bloomberg News Space Reporter Loren Grush provides the details of her story SpaceX Excels as Elon Musk Preoccupies Himself With Twitter. And we Drive to the Close with Dana D'Auria, Co-CIO of Envestnet. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
The most valuable crypto stories for Friday, January 13, 2023. "The Hash" group discusses today's top stories, including allegations that Cameron and Tyler Winklevoss' cryptocurrency exchange Gemini and cryptocurrency lender Genesis Global Capital sold unregistered securities. Plus, to repay creditors, FTX has been cleared by a bankruptcy judge to sell four key units, including derivatives arm LedgerX. And finally, the crypto winter deepens as Crypto.com becomes the latest company to announce its job cuts in 2023.Disclosure: Genesis and CoinDesk are both owned by DCG.See also:FTX Cleared to Sell LedgerX, Japanese Units by Bankruptcy JudgeFormer SEC Lawyer Says Agency Pushing to Be Crypto Regulator With Gemini/Genesis SuitSEC Alleges Gemini, Genesis Sold Unregistered SecuritiesCrypto.com Cuts 20% Workforce as Firm Braces for Crypto Winter-This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Gemini exchange is still waiting for the $900M in Crypto locked on Genesis Trading as Tyler Winklevoss sends DCG Barry Silbert an open letter.
Welcome to an all-new Films for the Void, Episode 47! In this episode, Eric and Landon get caught in the web of David Fincher's 2010 film The Social Network! Along with reviews of James Cameron's much- awaited epic 13 years in the making, what might be Dreamworks' best film to date, and a recap of the best albums of 2022 - all on the latest episode of Films for the Void!Also, thanks to Meghan Gove for the lovely new theme music! You can follow them on Twitter @dragon_gutz!TIME STAMPS00:00:00: Intro/Recommendations00:09:17 Avatar: The Way of Water00:18:46 Troll00:22:52 Puss in Boots: The Last Wish00:27:35 The Social Network01:33:19 Eric's Recommendation for Next Episode
Divya Narendra is the CEO and co-founder of SumZero, the world's largest professional investor community. He also co-founded HarvardConnection with Harvard University classmates Cameron Winklevoss and Tyler Winklevoss.Books mentioned: The Intelligent Investor: The Definitive Book on Value Investing - Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor - You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits - String Theory: David Foster Wallace on Tennis - Inside Delta Force: The Story of America's Elite Counterterrorist Unit********FINFEST is coming NEXT MONTH! Come and trade ideas at Australia's biggest investing festival - Equity Mates' FinFest.With expert speakers and guests, it's an inspiring and empowering event for investors of any level of experience.15th October, 2022 Sydney - Head to equitymates.com/finfest Equity Mates' FinFest, powered by Stake****All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice. The hosts of Equity Mates Investing Podcast are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional. Equity Mates is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.
Bitcoin is not trading like an inflation hedge and that narrative is dead. BUT, there's an important naunce here...the longterm thesis & potential for Bitcoin is not affected. If you can seperate the short-term impact of high inflation data vs long-term impact effects, you're in a much better position to manage your crypto portfolio through any cycle. This quick 10 minute episode is a market update with pieces from Cliff Asness, Ari Paul, and Tyler Winklevoss included for added context. If you enjoy these quick market updates please tweet at me and let me know! Show sponsors: •Bybit: Trade Bitcoin, ETH, or your favorite altcoins on the best trading platform in crypto. Use the show link for a Bitcoin deposit bonus on new trading accounts: https://partner.bybit.com/b/luke
Host Rich Goldberg is joined by author Ben Mezrich whose books include Bitcoin Billionaires, The Accidental Billionaires (which was the basis for the film The Social Network), and “The Antisocial Network: The GameStop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees.” He talks about getting to know Cameron and Tyler Winklevoss, his research on the early... Source
Host Rich Goldberg is joined by author Ben Mezrich whose books include Bitcoin Billionaires, The Accidental Billionaires (which was the basis for the film The Social Network), and “The Antisocial Network: The GameStop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees.” He talks about getting to know Cameron and Tyler Winklevoss, his research on the early... Source
Crypto platform Gemini has cut approximately 10% of its workforce, per co-founders and twin brothers Cameron and Tyler Winklevoss.
Crypto platform Gemini has cut approximately 10% of its workforce, per co-founders and twin brothers Cameron and Tyler Winklevoss.
Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to another episode of our Daily Fintech Podcast. This podcast episode is sponsored by Privacy Lock. Privacy Lock sets the standard for financial service providers in data privacy compliance. Protect your business and your customers today. Visit www.pentaprivacylock.com WHAT ARE THE LATEST FUNDING ROUNDS AND INVESTMENTS? Sanlo fintech startup has raised $10 million in Series A funding led by Konvoy Ventures. Incognia has just announced a $15.5 million Series A round led by Point72 Ventures to boost the company's global expansion at a time when identity fraud losses are running into the billions Trade Republic has topped up its Series C funding round with an extra €250 million at a €5 billion valuation. Swiss fintech startup numarics has successfully closed a CHF 2.1 million pre-seed financing round led by Wingman Ventures. Liminal, a wallet operations infrastructure that secures digital assets in a simple and efficient way, has raised $4.7 million in its seed funding round led by Elevation Capital. THE NEWS HIGHLIGHT OF THE DAY IS Square announced that it is working with Apple to enable Tap to Pay on iPhone, Apple's contactless payment acceptance capability, within the Square Point of Sale app. The new offering enables sellers of all sizes to seamlessly and securely accept in-person contactless payments with only an iPhone and Square's industry leading POS app. JUST IN: The Commodity Futures Trading Commission (CFTC) has sued Gemini Trust accusing the crypto exchange of false statements relating to the self-certification of a bitcoin futures product. ALSO: Gemini Trust Co., the crypto business run by billionaire twins Cameron Winklevoss and Tyler Winklevoss, on Thursday told staff of plans to slash the company's workforce by 10% as trading across the industry slumps.
Visit https://theygotacquired.com/newsletter When everyday people hear about space-related news, it's usually in association with an organization like NASA or SpaceX. But while Elon Musk is great at grabbing headlines, the space industry actually comprises a vast constellation of companies that generate hundreds of billions of dollars a year. And it's only set to expand; Morgan Stanley projects it'll reach $1.25 trillion by 2040. Given the size and growth of this industry, it's probably a surprise to no one who listens to this podcast that there's an enormous opportunity for the B2B media outlets that cover it. One of the most exciting entrants into that space is Payload, a daily newsletter that launched in 2021. Though Payload was bootstrapped for its first several months, it announced a $650,000 seed round last year that was led by Winklevoss Capital, the venture firm run by Cameron and Tyler Winklevoss. It's since hired an editorial staff and landed its first major sponsors. Payload was founded by Mo Islam and Ari Lewis, and in December 2021 I interviewed Mo about the newsletter's origin, its audience development strategy, and its plans to monetize its influential readership.
Follow the homies Cam (Cameron Cox) and Dylan (Dylan Hernandez) two former AMC Theater employees as they take a nostalgic trip back in time to rewatch films that mean the most to them! This Podcast is set up so that listeners at home can watch the movies along with us and laugh along as we talk about whatever comes to mind! From pop-culture-related events to AMC theater work stories, hell even us just talking about our personal lives! The Movie we are watching in episode is the "Social Network" With Special Guests TYLER FRANKLIN!! (Like he never left!) The Social Network is a 2010 American biographical drama film directed by David Fincher and written by Aaron Sorkin. Adapted from Ben Mezrich's 2009 book The Accidental Billionaires, it portrays the founding of social networking website Facebook and the resulting lawsuits. It stars Jesse Eisenberg as founder Mark Zuckerberg, along with Andrew Garfield as Eduardo Saverin, Justin Timberlake as Sean Parker, Armie Hammer as Cameron and Tyler Winklevoss, and Max Minghella as Divya Narendra. Now in the Famous words of that Pig from Shrek "Play the movie.. Yeah PLAY" ALSO Follow the homie Dylan on his fantastic Podcast "The Hernandez Variety Show" https://open.spotify.com/show/58pVAOZ5sSK4ti563o5fWn?si=BjR3hTyjR9mjfKIh6itDuw
Check Out Alex's site at www.azotheov.com In this episode we have special guest Alex Owens. We cover topics that range from investing, the pros & cons of cryptocurrencies, future predictions and much more. We wrap the episode up with quotes from Tyler Winklevoss & Warren Buffett. Big thanks to the Producer: Gabe Rivera, beat by TeiMoney & Executive Producer Jimmylee Velez.
Jon Burgerman Jon's https://jonburgerman.com/ (website) Social Media Twitter - https://twitter.com/jonburgerman?lang=en (@jonburgerman) Instagram - https://www.instagram.com/jonburgerman/ (Jon Burgerman ) https://www.facebook.com/jonburgermanartist/ (Facebook) Youtube: https://www.youtube.com/user/jonburgerman (Jon Burgerman) Shop https://www.burgerplex.com/ (BurgerPlex) Art listed on https://niftygateway.com/marketplace?artistId=4267 (Nifty Gateway) https://superrare.com/jonburgerman (https://superrare.com/jonburgerman) https://foundation.app/jonburgerman (Foundation) Time Stamps [1:01 – 3:41] Jon was introduced to NFTs in 2019-2020 when he was approached by https://twitter.com/niftygateway (Nifty Gateway) (founded by https://twitter.com/gcockfoster (Griffin Cock Foster) and https://twitter.com/DCCockFoster (Duncan Cock Foster) and later acquired by https://twitter.com/Gemini (Gemini) run by https://twitter.com/tyler (Tyler Winklevoss) and https://twitter.com/cameron (Cameron Winklevoss)) to drop NFTs on the then new platform. He began working on NFTs in the spring of 2020. The first drop sold out quickly. Jon credits this with giving him a lifeline in the pandemic when everything else was being cancelled and closing down. [4:40 – 6:34] Jon doesn't know why Nifty Gateway contacted him early on, but says they saw his work in other forms, and imagined it would work on their platform. Jon has a traditional background, but his work has existed across different mediums over the years, including digital stickers and wearables for https://twitter.com/PlayStation (@PlayStation) Home. [7:35 – 10:26] Jon says his career is like a pizza with each slice it's own medium (painting, books, etc) but as a whole it's complete. His advice is to make your work and put it out there. Once you make something, people see your concept and how your work would look. People are looking for good work and good artists - it's important to make your work discoverable. [10:45 – 12:36] When working in different mediums, Jon leans into what that medium can do that others can't. With NFTs he likes that you can interact with people, build up collections and have drops. The goal of the work is the same, just different outlets for creativity that are distributed in different mediums. [13:45 – 15:12] Jon is still adapting to the community aspect of NFTs. It's a time investment to keep up with the social aspect of the NFT community using channels like https://twitter.com/Twitter (Twitter) and https://twitter.com/discord (Discord). This is a different skill set and a different kind of art will emerge from it. [15:28 – 16:17] Collectors of Jon's NFTs are different from collectors of physical works. In 2020 early adopters were buying NFTs, but there is still skepticism and a long way to go for mainstream acceptance. Many of Jon's physical collectors aren't interested in NFTs. [16:49 – 19:49] Jon discusses the blurred lines between collectors and artists with the engagement thru social media, discord, etc. When artists engage with the collectors it takes away the art being fully in control and the fans start to shape the work. He compares this to https://twitter.com/Marvel (@Marvel) or https://twitter.com/starwars (@starwars) films where the feedback loop from fans alters the next installment which pleases the most vocal fans, but not the entire fan base. [20:26 – 23:07] Jon hopes galleries and traditional spaces will learn from the NFT space and update how they are run. These institutions won't disappear. If you have a good dealer or gallery, everyone benefits while helping push the art in the direction that they all want it to go in. Collaboration is necessary in some form to get your art out there. [23:24 – 26:12] Jon discusses his creative process. He needs emotional connection or interest in the work to make it interesting for him. He discusses creating and how many things don't work, but others hit a...
Saya membahas kisah inspiratif dari si kembar Winklevoss. Jika kamu menonton film 'The Social Network' yang tayang pada tahun 2010, kamu mungkin ingat si kembar Cameron dan Tyler Winklevoss. Mereka dikenal karena menuntut mantan temannya yaitu Mark Zuckerberg atas kepemilikan Facebook. Proses hukum yang berjalan cukup panjang, hingga akhirnya berujung dengan uang damai dari Mark untuk menyelesaikan perselisihan di antara mereka. Walaupun si kembar Winklevoss kalah dalam gugatan hukumnya, namun si kembar itu berhasil bangkit dan menjadi konglomerat berkat bitcoin.
Jared Shaw didn't take the traditional path to the financial world. When his classmates were starting prestigious internships, he joined the military and gained valuable leadership skills. Today, Jared is focused on solving problems: specifically, solving the distribution problem in the world of cryptocurrency.As the Head Of Finance at Gemini, Jared is deeply embedded in the frontier of crypto and digital assets. Gemini's goal is simple yet ambitious: create a platform so secure and accessible that everyone will feel comfortable adopting it, no matter their age or background.On this episode of The Modern CFO, Jared explains how he fell down the crypto rabbit hole, what's so different about Gemini's approach, and why every company needs a digital asset strategy.Show Links Check out Gemini Connect with Jared Shaw on LinkedIn Check out Nth Round Connect with Andrew Seski on LinkedIn Key Takeaways2:57 - Jared's path to cryptoWhen Jared joined Ernst and Young's San Francisco Bay Area consulting division, he began to encounter startups who were disrupting the traditional financial services industry.“I was helping financial services firms stay out of trouble. Banks, broker-dealers, insurance asset managers were all coming out of the financial crisis. Everyone was dealing with regulatory pressure, and so there was a lot of work helping them stay out of trouble. I started doing that in the San Francisco Bay Area, and shortly thereafter in the 2014-2015 timeframe FinTech really started to emerge. And being in the Bay Area, I was geographically fortunate to be able to focus on that sector and help EY build out its FinTech practice and approach. That was tremendous. Being able to just run around Silicon Valley and meet with all these great emerging startups that were really trying to disrupt the traditional financial services industry. And that's what got me first thinking about how can I work in a financial career, but maybe a little bit differently than the traditional path? And then that largely turned into cryptocurrency emerging in 2017. And in 2018, I did a large consulting engagement for a couple of crypto firms. And then, as everyone who gets involved in crypto, I fell down the rabbit hole and knew this is what I wanted to do with my career.”8:00 - Learn to navigate ups and downsWhether you work in a new environment like the crypto space, a startup, or a large company, you need to be prepared to ride the wave of disruptive technology.“We've grown 2x in our headcount over the last year. And with that, we're still all wearing many hats. And so the day-to-day is just all over the place. What I think that means is an ability to be able to handle a volatile changing environment. Certainly working in cryptocurrency, all of the things happening in digital assets somewhat dulls one's senses to massive amounts of change, or things being really great one quarter and not so good the next quarter. I think an ability to be able to navigate through those ups and downs is something that we learned really, really well at Gemini and in the crypto industry more broadly. And so having that mindset of focusing on being consistent, of looking towards the future in a measured way. Being able to stomach the ups and downs in the short term is something that's critical for anyone within a startup environment. And probably I would suspect important for someone who is the CFO of a large company or operating a large company, because innovative, disruptive technologies are only going to impact those industries more and more.”10:10 - Taming the wild west of cryptoGemini's founders, the Winklevoss twins, are focused on a path that will make crypto accessible to and trusted by a mass audience.“The genesis of the company was very focused on Cameron and Tyler Winklevoss, our co-founders', early experience investing in Bitcoin. Which was as they would put it the wild west, very uncertain, unsecure. Large hacks like Mt. Gox historically made the experience really difficult for the average person. Their vision was trying to make this experience much more approachable for the average consumer. That first started out with the institutions, obviously building weapons-grade security and safety of an environment for buying, selling, storing cryptocurrency. That is the core. And Cameron and Tyler had the vision that ultimately there needs to be regulation, there needs to be rules around this. Because that will bring broader mass adoption. It really focuses on security and trust, and that's something that Gemini has built its brand around, and we will continue to build a brand around.”13:10 - Solving crypto's distribution problemThe next frontier of crypto is taking it beyond the hands of users who are digitally native and placing it in the hands of older generations.“I think cryptocurrency has a distribution problem. It is very accessible to individuals who are digital natives, who understand having value stored on the internet and who have grown up that way. But there is a vast amount of individuals and wealth out there that are not digital native, and individuals who hear about cryptocurrency but have never had the desire or trust that a digital native person has. So perfect example, you mentioned Andrew before we started that your dad was an RIA wealth manager. I'm sure your dad has a number of customers that ask him all the time ‘What about Bitcoin? What about Ether? Or my child tells me I should buy some Dogecoin.' Your dad's customers are going to do whatever he tells them. They're not going to go outside for a Gemini account or some other platform and get involved in cryptocurrency. And so that distribution of being able to get folks like your dad's customers into cryptocurrency is what we think is really the next frontier.”14:37 - The genius of a crypto credit cardGemini's newest project is a credit card with crypto rewards, where users can instantly select tokens to collect.“Everyone swipes a credit card. And if we can attach the experience of cryptocurrency to something that you do every day, that is a fascinating new entry point for individuals. Even if someone did sign up for a Gemini account, they still didn't have to think about, okay, which token do I want to buy? And now do I buy it today or do I buy it tomorrow? There's a lot of nervousness around that. But if you're just collecting or being awarded cryptocurrency every time you swipe a credit card, that's fantastic. The great thing about the card is it's instant. So you earn up to 3% on purchases. You can pick any of the tokens we offer on our platform. And once you swipe, the next minute that crypto hits your account and it's available for you. You don't have to wait for the end of the month for your statement period, or whatever. It's yours. So you really get a chance to interact with it right away, which is we think is a really compelling offer.”20:50 - Don't chase shiny objectsGemini's staying power comes from the fact that they are laser-focused on their vision of secure, accessible cryptocurrency.“Gemini is very fortunate in the sense that we have founders who have a very long-term vision, and have invested in this sector not only personally, but also within Gemini. They've backed the company, and Gemini is very closely held from that standpoint. That long-term view is really important to us. And I think it's something that's not shared consistently among other private companies who might be looking for a quick transaction, or might be looking to release a quick product or service that gets them acquired. And I think our founders are perfectly happy keeping this company private as long as possible. We might not do that, but I think that long-term view serves us, because we're not chasing the next greatest shiny object. There's certainly many, many different things we can go after in the cryptocurrency sector, but an ability to be thoughtful and patient and go after the areas that we think are most long-term impactful is really important.”24:09 - Create a digital asset strategyIf you don't ride the wave of crypto and digital assets now, you could find your company left far behind. Jared recommends tapping your internal employees for inspiration.“Should companies have a cryptocurrency or digital asset strategy? 100%. It kind of makes me think about companies maybe in the early nineties, as there was this little thing called the world wide web developing, and a lot of companies thinking maybe it wasn't that important. But there were probably some very smart junior people within the company who were saying, hey, bang the table. This thing is going to be huge. We need to get involved with this new emerging technology called the internet. And so there are probably a lot of people at companies today in a similar boat who have mid-level or low-level roles that are super passionate about digital assets that are banging the table. If you're a company and you have those people, listen to them. Hear them out and understand where they're coming from in regards to this technology. Because you need to hear them now. If you don't act quickly on that, the technology will move so quickly and move away from you. And so I would say mine your internal employees for what they're passionate about on this frontier, and make sure you take advantage of that.”27:08 - The difference between a manager and a leaderHoning leadership skills takes a lifetime. There are no quick courses that will grant you leadership powers.“A manager is someone in my view that oversees things and processes. Leaders are people that influence others to do really hard things, or motivate people to accomplish really outsize objectives. And managing and leading are two very different things. And like I said, there are a zillion books about how to lead. But if you're not practicing it and looking at it every day, it's really hard to keep up. As you grow and evolve, or as your leadership style or your influences grow and evolve. I think it's important to continue to focus on that. So whether it's taking a course or reading a book, that's one thing. But more likely, it's thinking about how you handle different situations, and looking around you, looking at how others handle various situations and applying that to your own leadership style. So it's a never-ending process. It's something that can continuously be focused on. And I wish more companies focused on that ongoing learning.”29:02 - Leave your ego at the doorIf you want to work at a startup, you need to roll up your sleeves and do whatever work needs to be done, without resenting the tasks.“Working in a very fast-paced startup requires that individuals be able to do a lot of different things. And so not being shy about rolling your sleeves up and doing something that's maybe slightly below your role or responsibility is needed on a daily basis. And two, having a low ego. So this is in line with rolling up your sleeves. If you have a low ego, you're willing to do what it takes to get the job done and not rest on a title, or a laurel, or some other thing that you might think is owed to you. If you can roll up your sleeves and have a low ego, I guarantee you you'll be successful in whatever job you're working on.”
Chris Giancarlo served as the thirteenth Chairman of the U.S. Commodity Futures Trading Commission. While leading the CFTC, Chris earned the nickname “CryptoDad” for his call on Congress to respect a new generation's interest in cryptocurrency, an experience he details in his excellent new book “CryptoDad: The Fight for the Future of Money.” Chris is also the co-founder of the digital dollar project, which promotes research into a US central bank digital currency. Chris' Twitter: @giancarloMKTS Related Links * CryptoDad: The Fight for the Future of Money CryptoDad: The Fight for the Future of Money: J. Christopher Giancarlo, Cameron Winklevoss, Tyler Winklevoss: 9781119855088: Amazon.com: Books *The Digital Dollar Project https://digitaldollarproject.org/
Josh Pence was born in Santa Monica, California, he graduated from Santa Monica High School and moved to Hanover, New Hampshire to study Economics at Dartmouth College. Graduating from Dartmouth in 2004, he moved to New York City, started modeling and acting, and moved back to Los Angeles in 2007 when he launched his acting career by landed the role of Tyler Winklevoss in The Social Network. Josh is a musician who plays clarinet, piano, guitar and sings acapella!He talks to me about taking the leap from modeling to acting, the harrowing auditions he's had and the things he's done to hone his craft and stay focused in the concrete (and cyber) jungle of Hollywood.Enjoy!Support the show
Location: Remotely Date: Wednesday 31st March Company: Gemini Role: Co-Founders Earlier this year, bitcoin hit a significant milestone when the market capitalisation (the price of the entire current supply) hit $1trillion for the first time. As Cameron Winklevoss said, "from white paper to $1 trillion, bitcoin is eating gold alive." Cameron and Tyler expect this trend to continue. With bitcoin as digital 'gold 2.0' that is more scarce, transferable and a better store of value than gold, it is just a matter of time until it eclipses gold's $10 trillion market cap. To welcome the show's newest sponsor, I talk with Cameron & Tyler Winklevoss, Gemini's co-founders. We discuss their case for $10 trillion bitcoin, sponsoring devs, proof of reserves and whether governments will ban bitcoin.
Tyler Winklevoss, entrepreneur and co-founder of the cryptocurrentcy trading platform, Gemini, talks about BitCoin and why it's the best investment in the market right now. He even inspired Tom to invest!
Today's episode will cover events happening the week ending November 6th, 2020. This week has been quite intense, from a US political perspective! If you are an American, or follow American politics, you know that this week has been the US Presidential Election – and one of the most nail-biting ones at that. Big things are happening in the world of crypto as well. Namely the price of BTC is absolutely skyrocketing. Are these two events connected? Let's find out! More Information @ Talk.Bitcoin.Tax Full Show Notes: (00:37) The big story this week isn't (exactly) crypto related, but is too big to ignore on this week's episode. The United States is currently in the midst of a presidential election, and it's certainly been one to remember. As of recording, the fate of the election hinges on four states: Arizona, Georgia, Pennsylvania, and Nevada – all four states that the former Vice President Joe Biden currently has a lead in. It seems as though the writing is on the wall – it's very likely that Joe Biden will become the next President of the United States. So, how does this relate to cryptocurrency? Of course, neither Biden nor Trump included any type of cryptocurrency related issue in their presidential platform. Libertarian candidate Jo Jorgensen discussed her admiration for Bitcoin, but it wasn't a part of her platform either. Cryptocurrency is more and more becoming mainstream, but it's not at that point yet…unfortunately. The only democratic candidate that mentioned cryptocurrency during the primary elections was Andrew Yang. However, with mainstream adoption continuing at its current rapid pace, we are likely to see an intersection between politics and cryptocurrency sooner than later. (01:32) There are a few notable ways we can link this election cycle and crypto/blockchain. A number of Senate seats are up for grabs in this election, and some of those senators have either a cryptocurrency related past, or are actively involved in shaping crypto and blockchain related legislation. GOP Senator Kelly Loeffler, for example – is the former CEO of the crypto exchange Bakkt. Her involvement with cryptocurrency is undeniable, but her time in Congress has yielded zero actual legislation or even mention of crypto. Coindesk has a great extensive list of all of the current Senate and House races involving candidates with some sort of cryptocurrency or blockchain relation, so be sure to check that out if you are interested. Some of these candidates are pro-crypto and blockchain while some could be considered anti-crypto and blockchain – realistically though, the majority of these politicians probably don't know a ton about the world of crypto. (02:31) The next way we can link this election discussion to cryptocurrency is the discussion of utilizing blockchain technology to vote. Realistically, any type of widespread implementation of this is a long way away – however, there are certainly proponents of it, and those proponents are using this point in history to make their voices heard. That's primarily because this election had a record number of mail-in ballots due to the ongoing coronavirus pandemic – those mail in ballots have proven to take an increasingly long time to count. Of course, in such a big election, this delay has put many on both sides of the isle on edge. Gemini co-founder Tyler Winklevoss said on Twitter “The technology and cryptography exists to allow us all to vote online in a fraud-proof manner. We could all know the outcome instantly and w/ mathematical certainty. Yet voting entails paper ballot & requires in person or snail mail casting. It's as if the Internet doesn't exist.” Cointelegraph reports that “Binance's chief executive Changpeng Zhao or CZ and Ethereum's co-founder Vitalik Buterin are in furious agreement that a new blockchain-based voting system is required to improve democratic processes in the United States.” Of course, any advocate for crypto and blockchain adoption would want to see these great technologies utilized to replace a fairly antiquated process – but how realistic is it? Are these vocal advocates letting their love of the technology get in the way of logic? Is the hype real? It is certainly a worthy discussion to have, but that deep dive is out of the realm of today's episode. However, it's important to be realistic – let's listen to cryptographic experts and cyber security experts before we ascribe blockchain to be the savior of modern-day voting. (04:07) Finally, it can't be ignored that during this election, BTC is absolutely skyrocketing in price. In the beginning of October, Bitcoin was around $10,500. At the beginning of November, Bitcoin was around $13,800. As of recording, Bitcoin is a bit over $15,500 – and had briefly come close to hitting $16,000 earlier in the day. So, is this excellent spike related to the US election? It's tough to pin down any direct evidence indicating these two things are related, but typically large national or global events play a role in the rise and fall of assets like Bitcoin. Right now, Dow Jones, Nasdaq, and the S&P 500 are all doing well. It's a bit strange that a time of political turmoil yields positive returns for all of the aforementioned asset classes, including Bitcoin, but the proof is clearly there. As most of us in the space know, Bitcoin was famously at its peak in December of 2017 – it hit almost $20,000 per Bitcoin. That rise brought a whole new group of users, investors, businesses, and overall hype into the space. It seems like most of us in this space are hoping that Bitcoin performs even better come December 2020 – and if it does, we may see a whole new wave of people joining the space. --- That's it for this week's episode of The Cryptocurrency Informer. Don't forget – if you want to read more about each of these stories, go to talk.bitcoin.tax and click on The Cryptocurrency Informer link. Every episode is accompanied by a number of relevant links for each story, so you can do your own in-depth research on the topics that interest you. Make sure you subscribe on Apple Music, Spotify, and Google Play Music so you can catch every new episode we release. Have a great weekend everyone – stay safe and stay informed!
Location: Squadcast Date: Tuesday 20th October Company: Gemini Role: Co-Founders In August, Cameron and Tyler Winklevoss released The Case for $500K Bitcoin. A paper that outlines the value proposition of Bitcoin, why it is a superior store of value and hedge against inflation than either gold, oil and the US dollar. In the paper, they describe the world as ‘drowning in debt', even before the coronavirus outbreak, and predict that the pandemic may cause everyone to come face to face with the reality of debt spiralling out of control. While the impact on the world may be scary for the broader economy, the twins outline Bitcoin as a major winner in this scenario and predict Bitcoin's market cap to grow from its current market capitalisation (approx. $225 billion) to that of gold (approx. $9 trillion). With the price of a Bitcoin at around $550K. We discuss their paper, why Bitcoin is the best hedge against inflation, the debt reckoning and Wall Street investing in Bitcoin.
In episode 31 of Fly on the Wall, Brendan catches-up with Cameron and Tyler Winklevoss to hear their thoughts on bitcoin, blockchain, and the potential implications for the real estate industry. Cameron and Tyler discuss the launch of their cryptocurrency exchange platform, Gemini, and share thoughts on the future of decentralized currency.Original release date: October 6, 2020Watch this episode at https://www.youtube.com/watch?v=49C0MTiVJKwLearn more about Fifth Wall at https://fifthwall.com/This podcast is presented for informational purposes only, is not intended to recommend any investment, and is not an offer to sell or the solicitation of an offer to purchase an interest in any current or future investment vehicle managed or sponsored by Fifth Wall Ventures Management, LLC or its affiliates (collectively, “Fifth Wall”; any such investment vehicle, a “Fund”). Any such solicitation of an offer to purchase an interest will be made by a definitive private placement memorandum or other offering document. Forward-looking statements and opinions as to real estate markets or any other matters, as expressed in this presentation, are those of the individual presenters, but are not necessarily the views of Fifth Wall as a firm, and cannot constitute a guarantee of future success or profitable results. As a result, investors should not rely on such forward-looking statements and/or opinions, or on anything else contained in this podcast, in making their investment decisions. Moreover, certain information contained herein may have been obtained from published and non-published sources prepared by other parties and may not have been updated through the date hereof. While such information is believed to be reliable for the purposes for which it is used herein, Fifth Wall does not assume any responsibility for the accuracy or completeness of such information, and such information has not been independently verified by Fifth Wall. This presentation speaks as of its publication date, and Fifth Wall undertakes no obligation to update any of the information herein.In addition, to the extent that any prior performance information is contained in this podcast presentation, prospective investors should bear in mind that past results are not necessarily indicative of future results, and there can be no assurance that any Fund will achieve results comparable to those of any prior or existing Fund or portfolio investment of Fifth Wall.None of the information contained herein has been filed with the United States Securities and Exchange Commission, any securities administrator under any state securities laws or any other domestic or foreign governmental or self-regulatory authority. No such governmental or self-regulatory authority has passed or will pass on the merits of the offering of interests in any Fund or the adequacy of the information contained herein. Any representation to the contrary is unlawful.This communication is intended only for persons resident in jurisdictions where the distribution or availability of this communication would not be contrary to applicable laws or regulations. Any products mentioned in this podcast may not be eligible for sale in some states or countries. Prospective investors should inform themselves as to the legal requirements and tax consequences of an investment in a Fund within the countries of their citizenship, residence, domicile and place of business.Investors should consult their own financial, tax, legal and other advisors in connection with any proposed investment and should carefully review all disclosures and descriptions of risk factors that are contained in relevant offering materials.
This week is all about big mainstream money going into crypto: famous internet pizza man Dave Portnoy goes all in on Bitcoin, a publicly-traded NASDAQ company bought a couple hundred million dollars worth of BTC, and JPMorgan may be investing $50 million in a very well-known blockchain tech company. More @ Talk.Bitcoin.Tax Full Show Notes: August 14th, 2020: Bitcoin gains a Baron; A Nasdaq company invests big into Bitcoin; JPMorgan continues to apologize for anti-crypto sentiments by investing more money! (00:36) First up, Dave Portnoy has become the self-proclaimed Baron of Bitcoin. For those unfamiliar, Dave Portnoy is the founder of the sports and pop culture blog Barstool Sports. He's also well-known for his pizza review video channel, One Bite Reviews, and his fairly recent foray into day trading. On Thursday, Portnoy released 10 minute a video of him, Tyler Winklevoss, and Cameron Winklevoss. The video starts with Portnoy talking about how he got into crypto – his followers continuously told him to move from day trading traditional stocks to investing in crypto. From there, via the magic of Twitter, the Winklevoss twins became involved in the effort to convert Portnoy into a crypto connoisseur. Cameron and Tyler Winklevoss are the founders of the cryptocurrency exchange Gemini, and are very vocal about their support for mainstream crypto adoption. Enticing the well-known internet personality known to many as El Presidente was likely a no-brainer and should yield returns for them on both their company and their adoption endeavors. The brothers have attempted to educate and convert other high profile celebrities in the past, including J.K. Rowling and Kanye West. The video consists of the Winklevoss Twins attempting to explain some of the basic tenets of Bitcoin, cryptocurrency, and blockchain technology. They clarify distinction between mining and buying Bitcoin, and how their crytpcurrency exchange Gemini is similar, in the crypto world, to a stock-trading website like E*Trade. They call Bitcoin “internet gold” and explain how the scarcity affects the value – contesting that real gold's scarcity can be changed by Elon Musk space mining asteroids, whereas Bitcoin's scarcity can not be changed, cementing it as the “only fixed asset in the galaxy”. Portnoy semi-jokes about creating his own token, the “Dave Coin”, and muses on the idea of Elon Musk and the Winklevoss twins promoting his coin so that they all become Bitcoin Billionaires. The joke becomes a bit more serious when the brothers offer up some engineers to help code his coin, which leads Portnoy to talk about the coin's potential success helping the three of them “zoom past the success” of Mark Zuckerberg. After the brief lesson, Portnoy purchases $200,000 worth of Bitcoin and $50,000 worth of the Ethereum-based coin Chainlink (LINK), which has “had a pretty big month or two”. After all is said and done, what does this pretty unique interaction and video mean for cryptocurrency? Well, Dave Portnoy has already consistently been tweeting to his 1.7 million followers to buy BTC since the video's release – that's certainly a good thing for overall adoption and increasingly visibility to a mainstream audience. Some are hoping for a “Portnoy Effect” that will push Bitcoin past the $12,000 mark. We'll have to wait and see if that happens! — (03:14) From $200,000 invested into BTC to $250 million invested in Bitcoin…our next story is about largest independent publicly-traded business intelligence company MicroStrategy. On Tuesday, the company announced via press release that they had purchased 21,454 BTC at an aggregate purchase price of $250 million dollars. According to the release, this purchase was part of a two-pronged capital allocation strategy to invest in “alternate investments or assets” to “maximize long-term value for our shareholders”. The CEO of MicroStrategy stated “This investment reflects our belief that Bitcoin, as the world's most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash.” And that “Our decision to invest in Bitcoin at this time was driven in part by a confluence of macro factors affecting the economic and business landscape that we believe is creating long-term risks for our corporate treasury program…[including], among other things, the economic and public health crisis precipitated by COVID-19, unprecedented government financial stimulus measures including quantitative easing adopted around the world, and global political and economic uncertainty…[which] may well have a significant depreciating effect on the long-term real value of fiat currencies and many other conventional asset types.” Of course, these are arguments that we hear quite often in the cryptocurrency community, but this move by a publicly traded company worth 1.2 billion is unprecedented and could yield some seriously positive implications for Bitcoin and cryptocurrency in general. — (04:55) Our final story involves another traditional financial giant, JP Morgan Chase. We've discussed their (recent) heavy interest in cryptocurrency and blockchain technology in past episodes – they have their own blockchain called Quorum and their own digital coin JPMcoin. In the past, JPMorgan certainly wouldn't be considered an ally of cryptocurrency – the CEO Jamie Dimon infamously called Bitcoin a “fraud” back in 2017. However, he later walked those words back, and since then, the company has certainly been pumping resources into crypto and blockchain tech. This week, it has been rumored, and reported, by multiple crypto news outlets that JPMorgan is close to investing $20 million into the blockchain technology company ConsenSys. ConsenSys is an Ethereum-based blockchain development company with “full-stack Ethereum products [that] help developers build next-generation networks and enable enterprises to launch more powerful financial infrastructure.” The development company already has an established relationship with JPMorgan, as a merger between Quorum and ConsenSys has been in the works since the beginning of 2020. The rumors this week of a potential $20 million dollar investment seems to indicate a full-on partnership is on the horizon. This massive deal involving a traditional financial company that historically rejected cryptocurrency is one of many events that speaks to the resilience, legitimacy, and adaptability of crypto and blockchain tech. It's almost inevitable that we'll be reporting on more traditional financial institutions investing major resources into the world of cryptocurrency and blockchain.
Location: Zoom Date: Monday 18th May Project: Gemini Role: Co-Founders The Social Network, directed by David Fincher, introduced Cameron and Tyler Winklevoss to the world. The film told the story of how Mark Zuckerberg stole their idea to create Facebook, and would later settle for $65 million. After settling the court case and retiring from their careers in rowing, where the twins represented the USA in the 2008 Beijing Olympics, they started a fund and discovered Bitcoin. In 2014 they created Gemini, now one of the largest regulated cryptocurrency exchanges. The film portrayed the twins as cliche sporting jocks, an image which has been hard to shake off. Cameron and Tyler are more at home building things and their success since Harvard is not luck. My picture of the twins, like most, was created from the Social Network and their appearances on mainstream news discussing finance, but I wanted to know more about them. This interview is, therefore, the interview I have wanted to hear from them. We discuss The Social Network, Facebook and Mark Zuckerberg, how they discovered Bitcoin, regulations and the role of Wall Street.
Howard Ward, Gabelli Funds CIO of Growth Equities, says it's time to be prepared for turbulence in the equity markets. Terry Haines, Evercore ISI Political Analyst, says whoever wins the Alabama election, the tax bill will still go forward. Brian Reynolds, Canaccord Genuity Asset Class Strategist, says credit cycles always end and when they do, it's badly. Cameron and Tyler Winklevoss, Gemini Co-Founders, say the great thing about the bitcoin futures contract is that naysayers can now short it. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com