Podcasts about Winklevoss

Part 2 is here—and things are only getting messier for PK. We're diving straight back into PK's 2013 UK bankruptcy case, breaking down the cross-examinations and how he continues to thrive in the legal grey area. From the Bellagio debt and his 2019 debtor's exam to a surprise appearance in the Winklevoss twins' lawsuit, there's no shortage of twists in this episode.     What's on the docket?  What is “habitual residence,” and why it played a key role in PK's case  Breaking down Barclay's claim against PK during the bankruptcy proceedings  Key moments from PK's 2013 direct examination transcript  Cross-examination insights — and commentary from the ladies on what stood out  The court's final conclusion (spoiler: PK still loses, but not without charming the judge)  Dorit's 2019 debtor's exam   The Bellagio scandal: revealing details from PK's scathing emails  How PK's name ended up in the Winklevoss twins' lawsuit (yes, those Winklevoss twins)  Listener Q&A: What's really going on with Dorit and PK?     Access additional content and our Patreon here: https://zez.am/thebravodocket         The Bravo Docket podcast, the statements we make whether in our own media or elsewhere, and any content we post are for entertainment purposes only and do not provide legal advice. Any party consuming our information should consult a lawyer for legal advice. The podcast, our opinions, and our posts, are our own and are not associated with our employers, Bravo TV, or any other television network. Cesie is admitted to the State Bars of California and New York. Angela is admitted to the State Bars of Texas, Kansas, and Missouri.         Thank you to our incredible sponsors!  Quince: Go to Quince.com/docket for 365-day returns, plus free shipping on your order.    Rula: Rula patients typically pay $15 per session when using insurance. Connect with quality therapists and mental health experts who specialize in you at https://www.rula.com/bravodocket #rulapod    Lume: Control Body Odor ANYWHERE with @lumedeodorant and get 15% off with promo code BRAVODOCKET at LumeDeodorant.com! #lumepod    L-Nutra Prolon: Prolon is offering The Bravo Docket listeners 15% off sitewide  plus a $40 bonus gift when you subscribe to their 5-Day Program! Just visit ProlonLife.com/DOCKET    Laundry Sauce: For a limited time only, our listeners get 20% off your entire order when you use code DOCKET at laundrysauce.com     Wayfair: Shop the best selection of home improvement online. Get renovating with Wayfair. Head to Wayfair.com right now.    Wild Grain: Wildgrain is offering our listeners $30 off the first box - PLUS free  Croissants in every box - when you go to Wildgrain.com/BRAVODOCKET to start your subscription.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Kyle and I are back for another live discussion. I really enjoy these talks because I don't know Kyle's opinion or where his head is at, so we both learn a lot about the topics of the day. I hope you do too.The Strategic Bitcoin ReserveThe biggest news of the week came from an announcement regarding a U.S. government-controlled Bitcoin reserve. President Donald Trump initially tweeted about forming a “crypto strategic reserve,” but left out Bitcoin and Ethereum from his original statement. An hour later, he followed up, including both assets and clarifying his stance.However, the reality of this reserve was not as explosive as many had hoped. The U.S. government is not buying more Bitcoin—it's simply choosing to hold onto the Bitcoin it already has, mostly acquired through civil asset forfeiture. If the U.S. had held onto previously seized Bitcoin instead of selling it, the Treasury would reportedly have an additional $7 billion in its reserves.The ethical concern here is that this decision creates a perverse incentive. By allowing the government to hold onto seized Bitcoin rather than auctioning it off, it essentially profits from civil asset forfeiture. Historically, seized assets have had to be sold or destroyed. Now, if the government sees an opportunity to benefit from rising Bitcoin prices, could that create undue motivation to seize more crypto assets?White House Crypto SummitFollowing the Strategic Bitcoin Reserve announcement, the White House hosted a Crypto Summit, attended by major industry players such as Michael Saylor (MicroStrategy), Brian Armstrong (Coinbase), the Winklevoss twins (Gemini), Brad Garlinghouse (Ripple), and Tom Emmer (House Majority Whip). The summit served as a meeting of key crypto stakeholders with the Trump administration, but it raised concerns about whether this was a genuine effort to advance crypto policy or simply a pay-to-play scheme.Many of the attendees were major donors to Trump's campaign, which raises questions about how much influence money has over crypto regulation. If the people in the room are the ones who will have their projects favored by regulators, then retail investors and smaller projects could be at a serious disadvantage. Additionally, there was little diversity at the summit, with very few women or representatives of decentralized finance (DeFi) projects in attendance.CZ's Comments on Long-Term Crypto InvestingBinance's former CEO, Changpeng Zhao (CZ), made headlines this week by discussing ethical long-term crypto investing. He emphasized the importance of token unlock mechanisms that align with a project's actual success rather than arbitrary time-based schedules. Too often, venture capitalists dump tokens as soon as they unlock, leaving retail investors to absorb the losses. CZ suggested that token unlocks should be tied to key performance indicators (KPIs) rather than arbitrary schedules, an idea that could help make the space more sustainable.Happy HODLing, everyone. Hosted on Acast. See acast.com/privacy for more information.

Send us a textBitcoin's incredible journey from an obscure digital currency to a recognized asset class is a story worth exploring. Join us as Sang Kim, co-host of "Health is Wealth," unpacks Bitcoin's evolution from its inception by Satoshi Nakamoto in 2008 to its current standing in the financial world. With its value soaring from $7,000 to over $100,000 since 2018, understanding Bitcoin's limited supply, the mining process, and the economic factors driving its popularity becomes essential. Together, we discuss the transformative impact of Bitcoin on traditional investment portfolios, comparing it to gold with an optimistic outlook for even higher returns.We dive into the strategies behind Bitcoin investment, from technical analysis to dollar-cost averaging, while acknowledging the inherent volatility of digital assets. As financial institutions and ETFs like BlackRock and iShares embrace cryptocurrency, the legitimacy and options for diversification in investment strategies continue to grow. Our conversation emphasizes the importance of understanding personal risk tolerance and potential security risks, offering insights into cold storage solutions and the role of ETFs as safer alternatives. Whether you're a seasoned investor or new to the world of Bitcoin, there's much to learn about its potential for financial freedom.This episode also touches on the influential figures and regulatory developments shaping the cryptocurrency landscape. From Michael Saylor to the Winklevoss twins, we explore the impact of early adopters and the importance of staying informed in this rapidly evolving market. With accessible platforms for hesitant investors and the growing role of financial advisors, we highlight how Bitcoin can serve as a hedge against currency devaluation and a tool for financial independence. Tune in to discover why Bitcoin remains a captivating topic and how it might just redefine your approach to investing.To Learn more about Sang Kim: https://edwards.consulting/blog To Reach Jordan:Email: Jordan@Edwards.Consulting Youtube:https://www.youtube.com/channel/UC9ejFXH1_BjdnxG4J8u93Zw Facebook: https://www.facebook.com/jordan.edwards.7503 Instagram: https://www.instagram.com/jordanfedwards/ Linkedin: https://www.linkedin.com/in/jordanedwards5/ Hope you find value in this. If so please provide a 5-star and drop a review.Complimentary Edwards Consulting Session: https://calendly.com/jordan-555/intro-call

Send us a textFUNDS CLOSING MAR 7*: AG Dillon is closing six (6) pre-IPO stocks funds on Mar 7, 2025. Anduril, OpenAI, xAI, Groq, Figure AI, and a space economy company. Use these single stock funds to build bespoke pre-IPO stock portfolios. You select pre-IPO stock company exposures and weight allocation to each pre-IPO stock to express your unique investment thesis. Available for purchase at Charles Schwab, Fidelity, and directly at AG Dillon Funds. $2,500 minimum investment. Financial advisors only. Email aaron.dillon@agdillon.com to invest.00:00 - Intro00:55 - Deel Valued at $12.6B After $300M Secondary Sale  01:51 - Winklevoss's Gemini Crypto Exchange Eyes IPO  02:31 - Neuralink Expands Human Trials, Valued at $8.7B  03:49 - OpenAI Secures $40B Investment at $300B Valuation  05:03 - Thinking Machines Lab Seeks $100M, Recruits OpenAI Veterans  06:03 - Stripe Acquires Bridge for $1.1B, Strengthening Stablecoin Play  07:22 - Figure AI Drops OpenAI Partnership, Pursues Proprietary Models  08:29 - Groq To Deliver 2M AI Chips In 2025, Challenging Nvidia  * AG Dillon ("AGD") is not affiliated with any pre-IPO company. Some pre-IPO companies may require company approval for purchases (aka transfers). AGD has not been pre-approved by any pre-IPO company to purchase their stock. AGD purchases pre-IPO stocks in the secondary market and may gain exposure by directly purchasing the stock (on the company's capitalization table) and/or through a third-party fund (aka special purpose vehicle, or SPV).

Welcome to Crypto Today with Connor Sephton — your easy-to-understand look at the top stories.In today's episode: Bitcoin rises as Jerome Powell softens his tone towards digital assets.Why one analyst thinks crypto's four-year cycle may be over.Mark Zuckerberg says 2025 will be a big year for the metaverse.And the Winklevoss twins are accused of being petty as they launch their latest attack against Gary Gensler.Give our show a follow wherever you get your podcasts and follow us on X: @ConnorSephton and @CryptoTodayPod.

Move fast and break things! This week on Cocktails & Classics, we delve into the rise of Facebook in David Fincher's "The Social Network." Join us as we discuss the film's exploration of friendship, betrayal, and the complexities of the digital age. We'll analyze the film's sharp dialogue, iconic soundtrack, and the impact of social media on our lives. Feeling social? Crack open a Curious Elixir while you listen! Don't miss this episode for a thought-provoking discussion of technology, friendship, and the price of success, all served with classic cocktails and engaging conversation. Topics: * The Rise of Facebook: Analyze the film's portrayal of the creation of Facebook and the legal hardships faced by its founder. * Friendship, Betrayal, and Ambition: Discuss the complex relationships between Mark Zuckerberg, Eduardo Saverin, and the Winklevoss twins. * The Power of Dialogue: Analyze Aaron Sorkin's sharp and witty dialogue and its impact on the film's narrative and its intertwining structure. * Iconic Movie Needle-drops: Discuss the film's stand out music tracks and discuss some of the best song uses in movies. What are your thoughts on the rise of social media? Share your favorite "The Social Network" quotes and your own social media experiences on Instagram! Don't forget to share this episode with your friends and family! Subscribe and leave a rating wherever you listen.

Cryptocurrency is becoming a bigger financial and political force in our world, especially after Donald Trump's return to the White House. This is why smart people who want to have an impact in the world need to learn about it. But, learning about crypto is difficult, because the loudest voices are devout crypto evangelists and hardcore libertarians. This episode is different. We do not want you to trade crypto, we want you to be educated about what it is and why it matters. In this episode, you will learn from Stephanie Ramezan, CEO & Co-Founder of the Crypto Collective and former CEO of Gemini UK, the regulated cryptocurrency exchange set up by the Winklevoss twins.   Listen to learn: - What cryptocurrency is - Why big companies are getting involved in it - What stablecoins and memecoins are - Where to find good career opportunities in the crypto space (and what to avoid)   Timestamps 00:00 The Importance of Understanding Cryptocurrency 02:48 The Crypto Landscape 06:08 Cryptocurrency Basics 08:53 Crypto Transactions 11:46 Role of Stablecoins in Finance 15:01 Shitcoins and Meme Coins 18:13 Impact of Quantum Computing on Crypto 21:02 Stephanie's Journey into Crypto  23:50 Crypto Job Market 27:01 Evaluating Crypto Companies 30:12 Conclusion and Resources   For the transcript, go to: https://www.techfornontechies.co/blog/237-introduction-to-crypto-for-smart-beginners   For more career & tech lessons, subscribe to Tech for Non-Techies on: Apple Spotify YouTube Amazon Podcasts Stitcher Pandora   FREE GUIDE: The Pragmatist's Guide To Innovation (in business & in life) by Sophia Matveeva, supported by researchers from The University of Chicago   Growth Through Innovation If your organisation wants to drive revenue through innovation, book a call with us here. Our workshops and innovation strategies have helped Constellation Brands, the Royal Bank of Canada and Oxford University.

Stacy broke her wee wee piggy toe but still made it to record so she and Eric could talk about mice, broken body parts, the Winklevoss twins, BINGO (the game, the app, the lifestyle), being hip to the scene, Decembeard, Eric's undercooked turkey, holiday activities, trees, Halcyon versus salad days, stoopid toys (including Eric's hot take on the most overrated toy), being a slave to the wheel and Eric's movie review of 24-Hour Party People. Stacy attempts to play Juicy People with Eric, but they're gonna need more time. Follow DAMTT on Facebook and Instagram @dontaskmetotalk. Email us at asking@dontaskmetotalk.com Next time: Cereal

02nd Oct: Blockchain DXB Podcast

What did Ray Kroc, Maya Angelou, Margaret Thatcher, and Malcolm X all have in common? (Don't worry - this isn't a dirty joke!) They were all opsimaths, i.e. a person who blooms late in life. In his new book SECOND ACT: What Late Bloomers Can Tell You About Success and Reinventing Your Life, author Henry Oliver shares the stories of well-known people whose greatest accomplishments happened in or past middle age. In other words, there's still hope for you! Maybe you're 45 and haven't written the great American Novel yet. There's still time! You're 55 and haven't made your first million or billion? There's still time! You're 65 and havne't gotten elected to political office? Well, let's not push it, but you never know. If you are indeed an opsimath, you'll keep working toward your goal for the sake of the thing and not in hope of any extrinsic rewards. In this informative and sometimes humorous conversation, Henry and I—two urbane gentleman that we are—discuss the following: Fluid intelligence v. concrete intelligence Why motivation is the closest thing we have to magic.  How and why to stay in the game as you get older The commonalities among late bloomers include hard work, intrinsic motivation and a willingness to keep trying and learning. The similarities between Ray Kroc's relationship with the McDonald brothers and Mark Zuckerberg's relationship with the Winklevoss twins. How Katharine Graham's family's suffocating wealth both helped and hindered her development Pre-order Henry's book here. Subscribe to his Substack here.  WAIT - don't go until you've done 2 out of these 3 things:

J.D. Vance has tailored his political image to suit an all-American, blue-collar model. There's just one problem. While the Yale-educated Vice Presidential candidate may be from Appalachia, his journey has also taken him under the patronage of the decidedly elite Peter Thiel, who helped launch Vance's venture capital career. Thiel has been a longtime supporter of Donald Trump, and over the years, other Silicon Valley billionaires have come around to sharing the PayPal founder's outlook. The GOP now counts David Sacks, Elon Musk, the Winklevoss brothers, and possibly even Mark Zuckerberg among their supporters. So why is Big Tech aligning behind the Trump ticket, and what does Vance's inclusion have to do with it? In a special discussion with author and tech critic Paris Marx, we dive into the labyrinth of shady political dealings and patronage relationships undergirding the new covenant between Silicon Valley and the GOP.Studio Production: David Hebden, Cameron GranadinoPost-Production: Alina NehlichHelp us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.Sign up for our newsletterLike us on FacebookFollow us on TwitterDonate to support this podcast

Today's blockchain and cryptocurrency news Bitcoin is up slightly at $64,201 Eth is up slightly at $3,405 Binance Coin, is up slightly at 573 dollars South Korea Virtual Asset User Protection Ac in effect. Winklevoss twins donate $1M to John Deaton, running against Elizabeth Warren Polymarket sets odds at Biden dropping out to 80% Trump sets sights on Bitcoin 2024 as major fundraiser. LiFi exploit Truvius raises $3.2M pre-seed. Learn more about your ad choices. Visit megaphone.fm/adchoices

À quelques mois de l'élection présidentielle américaine, la figure de Donald Trump continue d'agiter les sphères financières, notamment les secteurs de la cryptomonnaie et de la tech. Cette tendance récente est mise en lumière par une annonce d'Elon Musk, qui n'a pas manqué de faire réagir Joe Biden.Elon Musk, habitué des déclarations fracassantes, a une fois de plus fait parler de lui en annonçant un soutien financier massif à la campagne de Donald Trump. Le patron de Tesla s'engage à financer la campagne de Trump à hauteur de 45 millions de dollars par mois, soit un total de 180 millions de dollars jusqu'au 5 novembre. Cette annonce a provoqué une réaction immédiate de Joe Biden, actuellement en convalescence après avoir contracté le Covid. Sur X, l'ancien président a ironisé : « Je suis malade… [de voir] Elon Musk et ses riches potes essayer d'acheter cette élection. »Elon Musk n'est pas seul dans cette démarche. Peter Thiel, autre figure influente de la Silicon Valley et proche des Républicains, a également décidé de soutenir financièrement Trump. De plus, les frères Winklevoss, ainsi que des fonds d'investissement comme Sequoia Capital, Valor Equity, et Andreessen Horowitz, se rangent aussi derrière l'ancien président. Cette mobilisation inédite de la Silicon Valley en faveur de Trump marque un tournant significatif. La région, traditionnellement acquise aux Démocrates depuis plusieurs décennies, pourrait bien vivre un véritable séisme politique en 2024. Ce basculement pourrait-il présager du résultat de l'élection de novembre prochain ? L'avenir nous le dira. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Today's Headlines: For the second night of the Republican National Convention in Milwaukee, speakers included Kari Lake, Florida Governor Ron DeSantis, and Nikki Haley, who reversed her past criticism of Trump. Behind the scenes, Trump has secured significant financial backing, with Elon Musk pledging $45 million per month to America PAC and support from other notable donors like the Winklevoss twins and Palantir's co-founder. Silicon Valley figures Marc Andreessen and Ben Horowitz, along with billionaire Peter Thiel, are also contributing to Trump's campaign. US intelligence is tracking an Iranian-backed assassination plot against Trump, though it's not linked to the recent Pennsylvania rally shooting, which occurred despite "enhanced" security. Meanwhile, New Jersey Senator Bob Menendez was found guilty on 16 counts in a corruption trial involving bribes from foreign powers and businessmen. Democratic colleagues and New Jersey Governor Phil Murphy are calling for his immediate resignation. On a different note, President Biden is working on a proposal to reform the Supreme Court, including term limits for justices, an enforceable ethics code, and potentially a constitutional amendment to eliminate broad immunity for presidents and other constitutional officeholders. Resources/Articles mentioned in this episode: Wall Street Journal: Elon Musk Has Said He Is Committing Around $45 Million a Month to a New Pro-Trump Super PAC The Information: Marc Andreessen, Ben Horowitz Say They Plan to Donate to Trump PAC CBS News: The billionaire who fueled JD Vance's rapid rise to the Trump VP spot The Atlantic: Peter Thiel Is Taking a Break From Democracy NY Times: U.S. Detected Potential Iranian Plot to Kill Trump Separate From Saturday's Shooting Ny Times: Senator Menendez Found Guilty on All Counts in Corruption Trial  WA Post: Biden set to announce support for major Supreme Court changes Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

Peter McCormack, Bedford's ‘budget Ryan Reynolds', is on a mission to take his local team all the way to the Premier League ⚽️ When he bought Bedford FC in 2021, they were in the tenth tier, and unknown outside the town.  After rebranding them as Real Bedford, securing investment from the Winklevoss twins, and internationalising his business model, the Bitcoin guru has achieved back-to-back promotions for his club - despite having zero experience in professional football. How has he done it? With a mix of chutzpah, arrogance, planning and perseverance… as he explains to Olly in this compelling, funny and insightful interview. _______ Meanwhile, in a French-flavoured edition of The Zeitgeist, Ollie Peart investigates the trends taking Paris by storm, including Loop earbuds, androgynous fashion, and, erm, a giant croissant

**Podcast Episode: Blockchain DXB & Society X - LinkedIn Live Discussion** **Date:** July 4th, 2024 **Hosts:** George (Blockchain DXB) and Markose Chentittha (Society X) --- **Episode Highlights:** The first debate between Trump and Biden was covered, including insights into Trump's campaign donations and the return of over-contributions by the Winklevoss brothers. Former Kraken CEO Jesse Powell's stance on regulations was discussed, along with Biden's roundtable in Washington and the IMF's suggestions to the FED on strengthening the economy. Speculation on whether the FED will reduce interest rates was also explored. VanEck's Solana ETF application was reviewed, highlighting the high chances of approval. The SEC's lawsuit against ConsenSys regarding MetaMask's unregistered broker activities and staking services was covered, as well as the SEC's case withdrawal update against the Ethereum Foundation. The basics of tokenization were explained, focusing on why it's gaining hype. Larry Fink's interview on CNBC discussed tokenization versus NFTs. A basic explanation of how tokenization works was provided, along with a discussion on tokenizing property in the physical world and Metaverse, using Burj Khalifa as an example. The $4 billion OneCoin scam by the Crypto Queen was revisited, with speculation on whether she could be hiding in Dubai and the possibility of face surgery. The BBC documentary on the subject was mentioned. Circle's USDC becoming the first licensed stablecoin under MiCA regulations was noted, as well as Bitstamp's decision to drop Tether (USDT) due to MiCA regulations. Major news for Binance included a federal judge dismissing several SEC claims against them. The discussion also covered the political motivations behind the SEC's actions and the ongoing Binance vs. FTX drama, with speculation on Circle's influence. **Closing Remarks:** A summary of key points discussed and thanks to the audience, along with announcements for upcoming episodes and events. --- **Stay Connected:** Follow Blockchain DXB and Society X on LinkedIn for more updates. Tune in daily for the latest in blockchain, crypto, NFTs, DeFi, and Metaverse news.

De Ether-ETF's lijken met vertraging te worden gelanceerd. Analisten waren het er wel over eens dat deze week in het teken zou staan van de lancering, maar dat blijkt niet te kloppen. De SEC heeft de aanvragers, waaronder BlackRock en Fidelity, gevraagd om extra huiswerk in te leveren. Volgende week vermoedelijk meer nieuws. Stablecoinuitgever Circle kan ook in Europa zijn populaire dollar stablecoin USDC blijven uitgeven. De Europese cryptowet MICAR legt munten als Tether (USDT) en dus ook USDC  onder het vergrootglas. Circle heeft een licentie weten te krijgen in Frankrijk, waardoor zij dus officieel toegang krijgen tot de Europese markt. Dat heeft mogelijk gevolgen voor de concurrentiestrijd tussen de twee belangrijkste dollar stablecoins. Voorlopig valt die nog (behoorlijk) in het voordeel uit van USDT, die 70% van het totale marktaandeel van stablecoins in handen heeft. Verder deze week een opvallende beweging van Sony. De Japanners kopen een eigen cryptobeurs met de naam Whalefin. Het bedrijf komt van oorsprong uit Singapore en zal door Sony S.Blox worden genoemd. Wat Sony precies hoopt te bereiken met deze aankoop is niet helemaal duidelijk. Eerder stak het elektronicabedrijf al wel een teen in het water rond crypto: het werkte al samen met een blockchainbedrijf en overweegt NFT's te introduceren in hun videogames. Tot slot heeft Real Bedford een langdurige sponsor aan zich weten te binden. De enige echte Bitcoin-voetbalclub werd de afgelopen seizoenen al gesponsord door cryptobeurs Gemini, maar de broertjes Winklevoss zullen de komende vijf seizoenen ook op het shirt van Bedford pronkne. In April werd de steenrijke tweeling al mede-eigenaar van de club.  Deze week in de CryptocastDecentrale Autonome Organisaties, of DAO's. Een DAO is een soort online cryptobedrijf zonder kantoor en zonder traditionele leiding. Mogelijk geworden door smart contracts, computerprogramma's die op een blockchain leven. Olivier Rikken is een maand geleden gepromoveerd op DAO's aan de TU Delft en mijn co-host Krijn Soeteman heeft er zelf een gebouwd om van te leren. Het gaat over vragen als: wat is een DAO, wat kan een DAO, hoe maak je een DAO, en ook wat zijn de risico's, want het is nog redelijk braakliggend terrein. Maar juist daarom smullen voor wie graag grenzen verlegt.  Met Herbert Blankesteijn bespreken we elke week de toestand van de crypto. Luister live donderdagochtend rond 8:50 in De Ochtendspits, of wanneer je wilt via bnr.nl/podcast/cryptocast    See omnystudio.com/listener for privacy information.

We're on the edge of our seats with the potential Ethereum ETF launch just days away. Are ETH ETF products finally going to be tradeable next week? Solana is also in the spotlight, hinting at its own ETF while rolling out impressive innovations like ZK Compression and Blinks. The Blast token has also finally dropped! Are you eligible? We unpack everything you need to know.  Plus, Ethereum's new execution client might unlock a hidden beast. And we cover everything happening price with prices. Are we in a crypto bull or bear? Tune in to find out.  ------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/23  ------

After a mostly sideways weekend for the Bitcoin price, volatility struck on Sunday evening, leading to a rough start to the week. It has sparked many questions and a lot of deep analysis of the state of play as we look down at the $60,000 floor, debating its stability. A contributing factor to the concern is a change in whale behavior, but one potential whale could change everything. Elsewhere, the Winklevoss twins get some of their donated Bitcoin back, and a memecoin founder watched his coin tank 90% live while pitching it on an X Space.Further reading:Can $60K BTC price support hold? 5 things to know in Bitcoin this weekBitcoin falls below $63K after BTC whale transactions drop 42%Michael Dell's Bitcoin post sparks massive BTC purchase speculationsWinklevoss twins refunded for exceeding Bitcoin donation limit to Trump‘Visibly shaken' founder watches memecoin plummet 90% during live Spaces pitchReferences:Disastrous X Space clipSo, 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.

Host Jennifer Sanasie breaks down the news in the crypto industry from U.S. lawmakers visiting the detained Binance executive in Nigeria to the Winklevoss twins' donations to Trump's presidential campaign.To get the show every day, follow the podcast here."CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, Congressman French Hill and Congresswoman Chrissy Houlahan visited Tigran Gambaryan in a Nigerian prison. Plus, Tyler and Cameron Winklevoss announced their donations to the campaign of former President Donald Trump and Standard Chartered is establishing a spot trading desk for buying and selling bitcoin and ether.-This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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 Social Network is a 2010 American biographical drama film about the founding of Facebook. The movie takes creative liberties with the true story, but raises interesting questions about the importance of accuracy in storytelling. The main character, Mark Zuckerberg, is portrayed as a smart but arrogant individual who becomes obsessed with proving himself. The development of his character throughout the story is well done, showing his flaws and transformation. The side characters, including Sean Parker, Eduardo Severin, and the Winklevoss twins, are also well developed. The Winklevoss twins serve as antagonists, but Mark Zuckerberg's biggest enemy is himself. The conversation explores themes of arrogance, selfishness, friendship, loyalty, and the cost of success. Mark Zuckerberg's character is portrayed as arrogant and self-centered throughout the movie, with his actions driven by his ego. The tension in the story builds as conflicts arise and relationships deteriorate. The movie highlights the consequences of running over people and the price one pays for their actions. The ending suggests that Mark realizes the mistakes he has made and seeks reconnection and redemption. Overall, the conversation provides a comprehensive analysis of the themes and messages conveyed in the movie.----------Highlights:0:00 “The Social Network” Introduction1:56 The Importance of Accuracy in Storytelling9:39 Erica Albright's Accusation14:41 Mark Zuckerberg's Flaws15:58 Eduardo, Sean, and the Winklevoss Twins23:10 Themes Playing Out25:58 Building Tension and Deteriorating Relationships31:25 Revelations33:07 Transformation37:46 Satisfaction and Messages----------Show Notes:9 Points Rating System: https://www.alostplot.com/9-points/ The Ministry of Ungentlemanly Warfare Review: https://www.podomatic.com/podcasts/maverick51411/episodes/2024-04-24T17_00_00-07_00The Lord of the Rings, the Return of the King Review: https://www.podomatic.com/podcasts/maverick51411/episodes/2024-03-06T18_00_00-08_00Dune, Part 2 Review: https://www.podomatic.com/podcasts/maverick51411/episodes/2024-02-28T18_00_00-08_00#thesocialnetwork #facebookfilm #markzuckerberg #alostplot #socialnetwork #meta #film #filmthoughts #moviereview #podcast #seanparker #eduardosaverin #startup #entrepreneur

Join us as Peter McCormack shares insights on blending Bitcoin with football business. We delve into his club's dual promotions, strategic investor impacts from the Winklevoss twins, and the broader influence on Bedford, including a new Universal Studios park. Learn how Bitcoin plays a role in these developments and discover actionable strategies for integrating innovative concepts into local enterprises. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 06:20 - The strategic role of Bitcoin in advancing the success of a local football club. 08:11 - The impact of high-profile investors like the Winklevoss twins on the club. 08:11 - Highlights from the "Cheat Code" Bitcoin conference and its integration with local business. 13:05 - How the club manages competitive growth and future challenges with spending caps. 17:53 - Insights into Peter McCormack's journey of owning and promoting his football team. 22:07 - The significant developments in Bedford, including plans for a Universal Studios theme park. 32:08 - Lessons on leveraging cryptocurrency in traditional businesses and community development. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Buy your Real Bedford sporting attire here. Peter's podcast, What Bitcoin Did. Learn more about the Cheat Code Conference. Peter's Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Check out our Bitcoin Fundamentals Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Meyka AT&T Vacasa Fidelity Monarch Money Yahoo! Finance Long Angle Public USPS American Express Shopify Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Kevin and Kieran discuss the news that Leicester City won't get a points deduction this season, and find out why the Winklevoss twins have invested around £3.5m in Real Bedford. COVERED IN THIS EPISODE: - Leicester City - Everton - Nottingham Forest - New Premier League financial rules - Season ticket prices - Chelsea hotels - iFollow - Leeds and Jean-Kevin Augustin - Football Index co-founder Adam Cole - Winklevoss twins and Real Bedford Follow Kevin on X - @kevinhunterday Follow Kieran on X - @KieranMaguire Follow Producer Guy on X - @guykilty Follow The Price of Football on X - @pof_pod Send in a question: questions@priceoffootball.com Support The Price of Football on Patreon: https://www.patreon.com/priceoffootball Check out the Price of Football merchandise store: https://the-price-of-football.backstreetmerch.com/ Visit the website: https://priceoffootball.com/ The Price of Football is a Dap Dip production: https://dapdip.co.uk/ contact@dapdip.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices

 New Sode of Glitter Ledger : Flooding of Crypto Arabian NightsGreetings from the Bul Jah Rab in Dubai where I'm bunking with Mohammed bin Salman Al Saud's wife; I've known her for years but I forget her name but we used do to off of the Gamma Gamma Gamma house at Ole Miss. I am in hiding from the Crypto Bros of Token2112 who want to stare at their phones, talk about nothing, and get a niche erotic experience from the Compliance Girls at TD Bank. As an 18th Generation Jewish Girl,  I have always trusted Saudi Royalty. Alas, When I heard my dear friend Sheik's wife, whose name I can't recall, was on a Crypto Panel on the  Titled Wen will DofWifHat ETF be easily tradeable in Guantanamo Bay's Black Market Silky Road,  I immediately fired up the jet in Coach straight to Dubai .Trudging through the floods of the UAE with my beat-up Rainbow Balmain Boots that I stole from a homeless man, I made it to a Glitter Ledger Safe house. Between Headwinds and Tailwinds and the Middle East, I am indeed most comfortable in torrential downpours, it's the best time for a Ponzi Scheme. Cue Arabian Nights Aladdin I digress. I made it to Glitter Ledger Safehouse Mumtaz Alhumdelay lah to greet my guest Master Daniel Masters Chairman of Coinshares, stepson of glamor model Deborah Moore and stepson to Bookmaker Gentleman Royalty “Butch” Victor Chandler respectively. That pedigree is something that NFT Solana Bera Hos like yours truly only dream about.  Alas if I wasn't so loyal to his current ex-wife and so thirsty for sideways JP Morgan information. I would have gladly swooped in post settlement and become Mrs. Glitter Masters. Throughout this interview I neglected to ask Danny what Coinshares does. Daniel is OG status in the circles of Hal Finney and Gordon Gekko alike. We first met on a Cold Night in New York City at my Table at Raos knee Deep in the Obama era of terrorist fist pumps, alongside the Winklevoss twins; I could easily tell them apart due to my time I spent on the costume set of Full House differentiating between MaryKate and Ashley. I digress, Master Masters in chock full of exciting stories that took place at all junctures of his career from the height of the oil commodity trading days when “oil traders have the most freaking fun” likely due to the ability to chainsmoke at your desk and ignore NATO to getting a Bitcoin tattoo amongst other global high net worths. He's not your typical British elegance oil and finance bro with a semi-public divorce on a first name basis with Cypriot government; He's actually Kind; and somewhat of a Renaissance man as he is fluent in Romanian and can harmonize with me in a perfect B flat Taylor Swift Cruel Summer. Masters rose to the tippity top of the crypto Glitterati in a fashion reminiscent of the Spice Girls rise to fame; he serendipitously stumbled upon bitcoin after the oil commodities Superbowl and built Coinshares from the ground up to undoubtedly the most valuable companies in creepto. His conviction is that Bitcoin will be around in 10 years and the bank will not be makes me take pause; and consider reinvesting my oil back into BTC and ending my friendship with Jerome. 

Today's episode begins with the biggest talking points from Paris Blockchain Week, as venture capitalist Tim Draper explains why it's not too late to buy Bitcoin and where it could be headed after the halving. Austin Federa from the Solana Foundation unpacks the reasons for Solana's network congestion issues, and a research report suggests that Bitcoin miners could sell up to $5 billion worth of BTC after the halving. In other news, the Winklevoss twins became co-owners of Real Bedford alongside Bitcoin podcaster Peter McCormack. The pair invested $4.5 million of Bitcoin into the English football club. Lastly, Cointelegraph's investigations team published an exclusive report revealing that the cryptocurrency exchange BingX allows sanctioned Iranian users to evade restrictions.Further reading:$250K Bitcoin? Tim Draper says halving, Bitcoin ETFs will drive demandHow Solana developers are tackling network congestion challengesBitcoin miners could dump $5B in BTC after halving: 10x ResearchWinklevoss twins become co-owners of Bitcoin soccer club, inject $4.5M of BTCBingX exchange openly supports Iranian users, defying sanctionsGrab yourself a coffee, and let's get into today's episode.This episode of Rise'n'Crypto is brought to you by Cointelegraph and is hosted by Gareth Jenkinson. You can follow Gareth on Twitter.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.

Join Car and Keyan to discuss Stacker News' top posts of the week, Car & Keyan's favorite posts of the week, and top stackers for the week of April 12th, 2024. Follow the conversation of the episode on SN.Time Stamp04:17 - Stacker Proper Pub05:38 - This is what a Bitcoin Circular Economy looks like11:06 - [a priori] Lot of senior Bitcoin devs under FBI investigation, myself included ?24:41 - Thoughts on Nostr from a creator's perspective32:57 - Rant: Young People are Getting Terrible Advice and it's Destroying Our Culture41:25 - An Inch Deep and a Mile Wide48:30 - I'm Vlad, founder of Kagi Search and Orion Browser. AMA.55:55 - The PubKey NYC AMA59:52 - Privacy is a Social Good1:09:57 - The Winklevoss twins just invested millions in a tiny British soccer clubShoutout @Wumbo for time stamps. Zap em!We love the Fountain app for Lightning 2.0 podcastingSend us a Boost, and we will read it on the next SNLFind Car on NostrFollow Car on SNFollow Thriller on NostrFollow Thriller on TwitterFollow Thriller on YouTubeContribute to ~buildersLearn more about PlebLabFollow Keyan on TwitterFollow Keyan on NostrFollow Keyan on SNFollow Stacker News on NostrLearn more about Stacker News

Though the Winklevoss brothers are best known for their role in the early days of Facebook, you'll be surprised to learn that they recently lost customers at their cryptocurrency exchange over a billion dollars through a shady loan scheme. In this episode, Ed Zitron walks you through how the two identical riverboat giants went from being conned by Mark Zuckerberg to conning over a hundred thousand people into putting their cryptocurrency in the hands of the world's worst investor.  Better Offline Theme Song Spotify Pre-Save Link - https://distrokid.com/hyperfollow/mattosowski/better-offline-theme-song-2?utm_campaign=website&utm_medium=Email+&utm_source=SendGrid See omnystudio.com/listener for privacy information.

Morse code transcription: vvv vvv Winklevoss crypto firm Gemini to return 1.1bn to customers Biden and Trump head to border for high stakes duel Australia Former politician became foreign agent, nations spy boss says Oprah Winfrey to leave board of Weight Watchers India Two children ran away. It took them 13 years to get home again Shohei Ohtani Baseball superstar announces marriage to Japanese woman Richard Lewis Curb Your Enthusiasm star dies aged 76 More than 30,000 killed in Gaza, Hamas run health ministry says Top US court will rule on Trump immunity claims Leap year French readers enjoy worlds only four year newspaper

Morse code transcription: vvv vvv Top US court will rule on Trump immunity claims Leap year French readers enjoy worlds only four year newspaper Australia Former politician became foreign agent, nations spy boss says Biden and Trump head to border for high stakes duel Shohei Ohtani Baseball superstar announces marriage to Japanese woman India Two children ran away. It took them 13 years to get home again Winklevoss crypto firm Gemini to return 1.1bn to customers More than 30,000 killed in Gaza, Hamas run health ministry says Oprah Winfrey to leave board of Weight Watchers Richard Lewis Curb Your Enthusiasm star dies aged 76

Morse code transcription: vvv vvv India Two children ran away. It took them 13 years to get home again Shohei Ohtani Baseball superstar announces marriage to Japanese woman Oprah Winfrey to leave board of Weight Watchers Top US court will rule on Trump immunity claims Australia Former politician became foreign agent, nations spy boss says Leap year French readers enjoy worlds only four year newspaper More than 30,000 killed in Gaza, Hamas run health ministry says Biden and Trump head to border for high stakes duel Richard Lewis Curb Your Enthusiasm star dies aged 76 Winklevoss crypto firm Gemini to return 1.1bn to customers

AI in Political Campaigns: An Ohio congressional candidate is utilizing generative AI to enhance political engagement, showcasing an innovative approach to streamlining communication and interaction with constituents. This marks a notable intersection of emerging technology and political strategy, potentially setting new standards for future campaigns.Sam Bankman-Fried's Legal Saga: A prison photo of Sam Bankman-Fried, the FTX founder, has resurfaced amid speculations about a potential pardon from President Joe Biden. The image and accompanying discussions highlight the ongoing public and legal scrutiny surrounding one of the most high-profile figures in the cryptocurrency industry.Crypto Super PAC Funding: The crypto Super PAC Fairshake has reportedly raised $49 million, with significant contributions from the Winklevoss twins. This substantial funding underscores the growing political influence and ambitions of the cryptocurrency sector, aiming to shape policy and regulatory discussions.Bitcoin ETF Market Activity: Trading volumes for Bitcoin ETFs have surged, experiencing the busiest session since their January debut. This spike in activity reflects renewed investor interest and market momentum, possibly influenced by broader financial trends and sentiments.Binance's Regulatory Challenges: Binance, one of the largest cryptocurrency exchanges, faces a crucial regulatory test as the Philippines considers blocking the platform. This situation underscores the ongoing global regulatory challenges and scrutiny faced by major crypto exchanges.________News Links

Learn the pros and cons of bitcoin, the world's largest cryptocurrency. Bitcoin can be moved well across space and time. You can't move dollars over time due to inflation; you can't  move gold over space due to weight and security concerns. Real estate, bitcoin, and gold are all scarce and take real-world resources to produce. Bitcoin is a global digital currency that's decentralized. Nick Giambruno joins us to discuss why bitcoin has value today.  Since there can only be 21 million bitcoin, it cannot be debased like dollars are. By April, bitcoin will experience a halving. Rather than 900 new bitcoins brought into issuance daily, there will be 450.  The SEC's recent Spot EFT approval will give more investors bitcoin access. The higher the stock-to-flow ratio, the harder the asset.  What about governments shutting down bitcoin, regulating it, or taxing it to death? We discuss. Bitcoin price volatility is a problem in currency adoption. Lots of energy is used in bitcoin mining. But much of it is stranded energy. Bitcoin cannot produce income. Keith Weinhold stresses his preferred way to hold bitcoin. Timestamps: Bitcoin's value proposition (00:00:01) Keith Weinhold introduces the topic of Bitcoin's value and why it is relevant to a real estate show. Jamie Dimon's criticism of Bitcoin (00:05:27) JPMorgan Chase CEO Jamie Dimon expresses his disdain for Bitcoin and blockchain technology in a heated conversation. Bitcoin's resistance to debasement (00:07:19) Keith Weinhold discusses the resistance of Bitcoin to debasement and the skepticism of governments and financial institutions towards it. The origin and value of Bitcoin (00:08:18) Nick Giambruno, an international investor, explains the history and value proposition of Bitcoin, emphasizing its decentralization and resistance to debasement. Bitcoin's hardness and production rate (00:14:21) Nick Giambruno delves into the concept of Bitcoin's hardness and its production requirements, comparing it to other assets like gold and real estate. Bitcoin's upcoming halving event (00:16:28) Nick Giambruno discusses the significance of Bitcoin's upcoming halving event, which will impact its stock-to-flow ratio and reinforce its value proposition. Bitcoin's scarcity (00:19:42) Bitcoin's limited supply and its unique scarcity attribute, compared to other commodities like gold. Upcoming halving event and Bitcoin ETF approval (00:20:53) Discussion on the significance of the upcoming halving event and the approval of a new spot for Bitcoin ETF, indicating the growing acceptance of Bitcoin. Bitcoin as a currency and value proposition (00:22:42) The value of Bitcoin as a currency for transferring value and its resistance to debasement, emphasizing the importance of self-custody of Bitcoin. Global adoption of Bitcoin (00:24:30) Comparison of Bitcoin adoption in different nations, highlighting the potential benefits for early adopters and the impact of Bitcoin on the world's financial landscape. Bitcoin's market potential and investment consideration (00:27:27) The potential market share of Bitcoin in the global economy and the consideration of Bitcoin as an investment asset. Government's ability to regulate Bitcoin (00:34:11) Discussion on the government's potential regulation and taxation of Bitcoin, emphasizing the power of economic incentives and Bitcoin's resilience to government intervention. Bitcoin's uniqueness and credibility (00:36:12) Differentiating Bitcoin from other cryptocurrencies, highlighting its credibility and resistance to change, making it the real innovation in the crypto space. Bitcoin as a Store of Value (00:37:55) Discussion on Bitcoin's role as a store of value and its comparison to gold. Bitcoin as an Emerging Form of Money (00:38:25) Explanation of Bitcoin as an emerging form of money and its distinction from established money like gold. Bitcoin's Transaction Network and the Lightning Network (00:39:37) Explanation of Bitcoin's transaction network, scalability, and the use of the Lightning Network for smaller transactions. Earning Income from Bitcoin (00:41:40) Discussion on earning income from Bitcoin through related companies, dividends, and caution regarding Bitcoin lending services. Bitcoin Exchanges and Custody (00:44:20) The importance of custodying your own Bitcoin and the risks associated with centralized Bitcoin exchanges. Connecting with the Guest (00:45:13) Information on how to connect with the guest and access a helpful Bitcoin guide. Bitcoin's Energy Use and Price Volatility (00:46:01) Insights into Bitcoin's energy use, price volatility, and the use of stranded energy sources by miners. Real Estate vs. Bitcoin (00:47:04) Comparison of real estate as a wealth builder with the merits and risks of owning gold and Bitcoin. Disclaimer and Conclusion (00:47:54) Disclaimer about the content and a conclusion to the episode. Resources mentioned: Show Page: GetRichEducation.com/488 More on Nick Giambruno: FinancialUnderground.com For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Keith Weinhold (00:00:01) - Welcome to GRE. I'm your host, Keith Weinhold. Why does Bitcoin have any value? And why is a real estate show dedicating one episode to this topic now? The benefits and criticisms of the world's largest cryptocurrency Bitcoin today on Get Rich Education. If you like the Get Rich Education podcast, you're going to love art. Don't quit your day. Dream newsletter. No, I here I write every word of the letter myself. It wires your mind for wealth. It helps you make money in your sleep and updates you on vital real estate investing trends. It's free. Sign up egg get rich education com slash letter. It's real content that makes a real difference in your life, spiced with a dash of humor rather than living below your means, learn how to grow your means right now. You can also easily get the letter by texting gray to 66866. Text gray to 66866.   Corey Coates (00:01:06) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold (00:01:22) - Work degree from Quito, Ecuador, where I am today, to the Mosquito Coast, Nicaragua, and across 188 nations worldwide.   Keith Weinhold (00:01:29) - You're listening. One of the United States longest running and most less than two shows on real estate investing. I'm your host, Keith Reinhold. Yes, we're a real estate show, but with 488 episodes, it's time to focus at least one of them. Finally, on Bitcoin. We'll bring it back to US real estate next week. Now, this is for a few reasons. Today, Bitcoin is largely misunderstood. It's become so big that it's hard to ignore. And there are two recent Bitcoin events two happenings with global impact that makes now the right time to cover this. Now look, I think that it's human nature that when you learn about something new for the first time and you don't understand how it works like Bitcoin, it's sort of innate to you start criticizing it or sort of discounted in your mind, chiefly because you don't understand it. Though Bitcoin's pseudonymous creator, Satoshi Nakamoto wrote the Bitcoin paper in 2008 and the first Bitcoin was issued in 2009. And, you know, when I first heard about it sometime after that, I probably discounted it in my mind as well.   Keith Weinhold (00:02:45) - And I think most people that don't understand Bitcoin, you know, they first think something like, oh come on, what is this. Just magic internet money. How does that work? How could that have any value. And I think is one matures when encountering the unknown. They inquire rather than criticize it. Look now and I'm getting really personal here, aren't I? I don't do drugs and I never have. But I don't criticize those that do drugs because it's a world that I just don't understand at all. Last year I was having dinner with a couple. They asked me what book I'm currently reading, and I told them that it's a 350 page book about Bitcoin, and the response was laughter, sort of dismissing it. And they said, well, how could anyone write that many pages about Bitcoin just completely discounting the whole thing? Well, for me, a turning point on Bitcoin is when I found highly intelligent people that understood it well and they were excited about it and they endorsed it. Now real estate has more intrinsic value than the dollar or gold or Bitcoin.   Keith Weinhold (00:04:02) - Because real estate is essential to your survival. You can make arguments that the dollar, gold and Bitcoin all have questionable backing. But today enough people agree that the dollar, gold and Bitcoin all have value. People are agreeing all three gold, the dollar and Bitcoin have varying levels then of anthropogenic faith. Today you and I, we live in a digital world that's comprised of 195 world nations. Well then, shouldn't money be made of something that's digital and doesn't know any national borders? Think of Bitcoin's value proposition this way you cannot move dollars across time. That's due to inflation. You can't move gold across space that's due to weight and security. But consider this Bitcoin can be officially moved across both space and time. Its supply is absolutely fixed. At 21 million, there can never be more than 21 million bitcoin either. It's traded on the blockchain, which is basically a digital ledger, but not every intelligent or influential finance person believes in Bitcoin. Of course, not every one of them. For example, it gets a little heated here from last month.   Keith Weinhold (00:05:27) - This is one of the most powerful men in the world. JPMorgan Chase CEO Jamie Dimon. He's getting annoyed about CNBC asking him about Bitcoin just entirely too often. What do you make of the other firms the BlackRock's of the world.   CNBC (00:05:42) - That that obviously and Larry Fink change his view of this obviously. And maybe he changed his view because you think he genuinely believes in Bitcoin or or believed it because he thinks that there's a marketplace for it and he wants to be part of that market. But what do you think of the there's about a dozen big financial companies, fidelity included.   Jamie Dimon, JP Morgan Chase (00:05:59) - Number one I don't care. So just please stop talking about this. And and I don't know what he would say about blockchain versus currencies to do something versus Bitcoin that does nothing. And maybe that's not different than me. But you know, this is what makes a market. People have opinions. This is the last time I'm ever in state. In my opinion.   CNBC (00:06:18) - Gold really didn't do anything either.   Jamie Dimon, JP Morgan Chase (00:06:21) - Yet because it's limited in supply.   Jamie Dimon, JP Morgan Chase (00:06:23) - So it's and it's been used. Uh, so you think so, huh? I do think there's a good chance that when bitcoin when we get to that 20 million bitcoins 42 know that Satoshi is going to come on there laugh hysterically. Go quiet. All Bitcoin is going to be erased I think. How the hell do you know it's going to stop at 21? I've never met one person who told me they know for a fact they take that as it's not.   CNBC (00:06:44) - It hasn't happened because by the last one will be mined in 2150. And it gets harder and harder every time there's another halving. But but, Jamie, I do like looking back over.   Jamie Dimon, JP Morgan Chase (00:06:55) - Just do what you want. I'll do what I want. Ask for gold.   CNBC (00:06:57) - You can. The six characteristics that make gold valuable for 4000 years. They're all present in Bitcoin. That's all I'm saying. I love you and I don't want to. And I also don't I don't also don't want to be a you may enjoy Joe.   Jamie Dimon, JP Morgan Chase (00:07:08) - You may be right.   Jamie Dimon, JP Morgan Chase (00:07:09) - Yeah. Like I don't own gold either. So okay. That's what.   CNBC (00:07:11) - I mean.   CNBC (00:07:12) - Couple of quick final question.   Jamie Dimon, JP Morgan Chase (00:07:12) - I like to own things that pay me incomes, but it doesn't cost money to carry anyway. And it costs money to carry Bitcoin to. By the way.   Keith Weinhold (00:07:19) - Uh, that was Jamie Diamond. Now governments and banksters like Jamie Diamond, they often dislike bitcoin because it cuts out the use of their chief product, the dollar. So governments are especially hesitant to want to promote bitcoin, a lot of them in the world. Anyway, I've got a conversation with a bitcoin expert coming up. We're going to talk about its value proposition and then the criticisms. Yes, I'm in Quito today. I was last year in Ecuador two years ago, this Colorado sized nation of 18 million people. I plan to attempt climbing to the summit of a 20,000 foot mountain later in the week. As for today, let's continue with why should Bitcoin have any value? Today's guest is the founder of the Financial Underground, and he is the editor in chief of that publication.   Keith Weinhold (00:08:18) - He's a renowned international investor, and he specializes in identifying big picture geopolitical and economic trends ahead of the crowd. And you've seen him featured seemingly in everything from Forbes to the Ron Paul Liberty Report. He was a speaker at the well-known New Orleans Investment Conference as well. Hey, it's great to welcome on to gray, Nick. Jim Bruno.   Nick Giambruno (00:08:41) - Hey, Keith, great to be with you.   Keith Weinhold (00:08:43) - I think a lot of our listeners are real estate investors are going to be wondering now, why are you talking about Bitcoin on a real estate show? Actually, I think there are a few more commonalities here than what a lot of people think. What a real estate in Bitcoin have in common. They're both scarce, neither can be easily deluded, and they both take real world resources to produce more of. You could apply those same three attributes to gold. So real estate gold and bitcoin they have this scarcity. And really I think that's a wise investing theme. Go ahead and invest in what's scarce. Limit what's abundant and take zero cost to produce like dollars.   Keith Weinhold (00:09:21) - So really that's the commonality between real estate in Bitcoin. But on a real estate show, I think we have a lot of listeners that just don't have an overall common understanding. Nick, of just what is bitcoin and why does it have any value in the first place?   Nick Giambruno (00:09:37) - Well, that is a some very good observations and a very profound question. What is Bitcoin. Well, Bitcoin is a relatively new asset. However it has been decades in the making. People don't understand that Bitcoin didn't just fall out of the sky, or is some kind of accident in some mad sciences garage. This is something that has been in the the works basically since the late 70s, and it came out of the Cypherpunk movement. Now, you may have heard of these people. You may have not. The Cypherpunks are basically I find them as the good guys. They are involved in creating technologies that empower the individual and disempower the state. They are behind some of the most prominent freedom oriented technologies that you and I may take for granted, including encryption.   Nick Giambruno (00:10:27) - And that's another story in and of itself. Let me just briefly get into that, because that's what puts the crypto cryptography in cryptocurrency. Cryptography is a very important field. It's basically the method of encoding information so that only the recipient can see it. And it's very important to understand that while we take for granted the average person has access to unbreakable cryptography today, that was not always the case. Cryptography has been around since the time of the ancient Greeks, and maybe even before, but it's always been a government monopoly until very recently in terms of historical standards, when cryptography was made available to the average person. That is a very profound thing, because now the average person can secure their information and secure their online life in a way that nobody can break. The US government can't break it. Chinese government can't break it, nobody can break it. And that is very important. And that laid the foundation for Bitcoin. So what is bitcoin. It's just a summit. But it is a superior alternative to central banking.   Nick Giambruno (00:11:27) - And that is a very revolutionary thing. It basically does the job of what a central bank does but much much, much better and removes all of the corruption, all of the nastiness that goes along with central banking. So what we have here is a genuine, workable alternative to central banking, and we can get into the details of that. But if you want to look at it, what it is, that's what it is. And at the same time, it's a form of money that is not just resistant to debasement, it's totally resistant to debasement. You're talking about gold and real estate. Well, gold. What made gold money over thousands of years? Yes, it is scarce. However, I always like to use this example. There's a concept that's related to scarcity, but it's not that it was scarce. And the reason is, is think about platinum and palladium. There's actually scarcer than gold, like there are fewer ounces of platinum and palladium in the world than there are gold ounces. So why don't people use platinum and palladium as money? It's a very, very important point.   Nick Giambruno (00:12:26) - The reason is, is because the platinum and palladium supply is not resistant to debasement. So it's scarcer, but it's not resistant to debasement. What does that mean? It means the annual supply growth of platinum and palladium are basically equal to the stockpiles. So depending on what this year or next year's annual production of platinum or palladium are going to be, it can wildly swing the market. That is not true of gold. Gold is only about 1.5% growth per year. And that's very, very consistent. What does that mean? That is a very important concept. So the gold supply only grows at about 1.5% per year.   Keith Weinhold (00:13:02) - And this is basically an inflation rate.   Nick Giambruno (00:13:04) - Yes it is its inflation rate. But it's very small and nobody can really change that. Think about it. There's a. It's not as if people don't want to increase the gold supply. They would love to. The way that the gold is distributed in the world, and the cost it takes to mining it puts a really hard limit on what you can produce each year.   Nick Giambruno (00:13:22) - So that's what makes it a good store of value. And if something is not a good store of value, it's not going to be a good money. These are some very, very fundamental concepts I'm talking about because they also apply to Bitcoin.   Keith Weinhold (00:13:35) - Then when someone asked me what Bitcoin is to give it a really short definition, I call Bitcoin a global digital currency that's decentralized. And you brought up the decentralization. That's really important. That's where I can make a peer to peer payment without having to go through an intermediary where I can send my Bitcoin directly over to Nick. There was no bank involved in that transaction, for example, the decentralization of Bitcoin. But we talk more about why Bitcoin has value. I believe you began touching on it there, Nick. Bitcoin has this hardness, which is a strange term to people because Bitcoin is digital. So can you tell us more about Bitcoin's value that comes through its hardness.   Nick Giambruno (00:14:21) - Let me just touch on a quick point you made also. So simply put, the value proposition of Bitcoin is that it allows anybody, anywhere in the world to send and receive value without depending on any third party.   Nick Giambruno (00:14:32) - At the same time. It's a form of money that is 100% resistant to debasement. That's its value proposition. That's a very profound thing. So going to the hardness. Yes, hardness is a concept that a lot of people get confused. Look, I love gold, I own gold, I recommend gold chain from the gold community. And I know the gold community. So I think a lot of people in the gold community get confused around this hardness now. They think it's hard, like physically hard, like abrasive metal. That's not what art means. Hard. And in terms of a hard asset, what it means is hard to produce. That's what it means. Yeah, that's what a hard asset is. It's hard to produce. And what is the opposite of that? Something that's easy to produce. Nobody would want to store their value, store their savings, store their economic energy into something that somebody else can make with no effort, almost like, you know, oh, let's put our life savings in arcade tokens or frequent flyer miles.   Nick Giambruno (00:15:26) - It's ridiculous when you think of it in that way. But that is, in my humble opinion, the most important attribute of money is that it's hard to produce all the other attributes of money. Quite frankly, are meaningless if the money is not hard to produce. Because if it's not hard to produce, none of the other stuff matters. And that's the most crucial attribute of money.   Keith Weinhold (00:15:45) - Yes, reinforcing why we have that investing theme of invest in something that's scarce and difficult to produce and takes real world resources to produce, much like real estate does. Much like gold with all the mining and assaying and much like Bitcoin, because to produce new Bitcoin, it takes electricity, it takes hardware and it takes software, some real world resources in order to produce Bitcoin. We talk about the production rate or the inflation rate in just a couple months. Here we're coming up on something really interesting, which is really one reason why I have you on the show talking about Bitcoin now. And that is the having event, the halving being that rate of new Bitcoin issuance is cut in half every four years.   Keith Weinhold (00:16:28) - So tell us more about that and bring the stock to flow ratio into the conversation here. We're at a cusp.   Nick Giambruno (00:16:34) - Of a very important moment in monetary history. Because you can quantify the hardness of an asset. It is quantifiable. It is basically the inverse of the supply growth. And there's another way of saying that, as you mentioned, the stock to flow ratio basically. In short, you got the stockpiles. That's what's available. And then you have the flow which is like the new supply. So the higher the stock to flow, the harder the asset is and the more resistant to debasement it is. And same thing when you take the the supply growth, you want a smaller supply growth. It's just the inverse of the stock to flow. So gold has always been mankind's artist money for thousands of years and gold's stock to blow ratios about I think it's around 60 which means it takes about 60 years of current production to equal current supplies. If you look at silver, it's much less than gold.   Nick Giambruno (00:17:25) - And every other commodity is closer to one, which means that every year the new production basically equals the existing stockpiles. And that's not a very good attribute for something that you want to have as a store of value. Now, what is going to happen in this having that's coming up in around April of this year? You can quantify the stock that flow. I just told you how to quantify it. So right now Bitcoin and gold have about equal stock to flow ratios in about equal hardness. However a key feature of the Bitcoin protocol is that every four years the new Bitcoin supply issuance gets cut in half until around the year 2140, when it is just goes to zero. So Bitcoin is not only going to exceed gold's hardness in a few months, it's going to double it. Now that is a very interesting moment in monetary history because mankind has not had a harder money than gold I don't think. Ever. So this is all going to be very important and it's coming very soon in April. Late April I think is when it's going to happen.   Nick Giambruno (00:18:28) - So a very important moment in monetary history.   Keith Weinhold (00:18:31) - There is real profundity there with the stock to flow ratio of Bitcoin exceeding that of gold with the upcoming having. And if you, the listener still hung up on the stock to flow ratio, we're talking about the ratio of the existing stock, how much of this stuff already exists, whether it's real estate or gold or Bitcoin divided by the rate of new issuance. So the higher the stock to flow ratio, and as it has the greater hardness it has. And currently 900 new bitcoins per day are being produced. And the having means just what it sounds like in April that will drop to 450 new bitcoins being mined into existence each day. So really you can think of Bitcoin as being disinflationary. It will continue to inflate until the year 2140. Like Nick described. That's when new bitcoin will cease to be mined. And until that point, the new amount the flow continues to get halved. Every four years, there will only ever be 21 million Bitcoin that exist, and 19.6 million of those have already been mined.   Keith Weinhold (00:19:36) - So you can get an idea of the hardness and how this helps supply the value of Bitcoin.   Nick Giambruno (00:19:42) - Well, absolutely. And it's he talks about that. I think it's something like 93% of the time, supply has already been mined, and the remaining 7% are going to come online over the next 120 years or so. You might want to get some before other people figure this out. There is definitely not enough Bitcoin for every millionaire to have one bitcoin, it's far less. I think there's something maybe 50 million millionaires in the world, probably more. They can't all have a bitcoin. It's a very tight supply and we have a situation here too that is related. Because Bitcoin is the only asset, the only commodity were higher prices cannot induce more supply. If gold went to 10,000, you can be sure there are going to be more gold miners getting into the business, more economic deposits being found and and exploited and more supply eventually coming on to the market. Great point. And the same is true for every commodity.   Nick Giambruno (00:20:38) - Gold is just the most resistant to that process. However, Bitcoin, no matter how high the price goes, it cannot induce the production of more Bitcoin. That's a very unique scarcity attribute that I don't think people really appreciate very much. It's certainly there.   Keith Weinhold (00:20:53) - So this upcoming halving event is one reason why I'm having Nick on the show now to do our first ever Bitcoin episode in almost 500 episodes. And the other reason is the nation see of the SEC approving a new spot to Bitcoin ETF. And all that basically means is it helps give everyday investors really easy access to Bitcoin without having to set up a crypto wallet and bam, hey, your mom can become a crypto bro now.   Nick Giambruno (00:21:22) - It is certainly a milestone in acceptance. I think it signifies that Bitcoin is no longer a fringe. It's here to stay. It took over ten years for the SEC to approve one of these things. I think the Winklevoss twins applied over ten years ago for the first Bitcoin ETF, so they reluctantly did it. I don't think they want it to do it.   Nick Giambruno (00:21:43) - I think they lost a couple of key court cases that kind of forced their hand, but they did approve it. I frankly don't recommend the ETFs. It's not really Bitcoin because what you have is a Bitcoin IOU, several Bitcoin IOUs. So let's say you buy the Blackrock Bitcoin ETF. Will you have an IOU from your broker for the Blackrock ETF share. And the broker has an IOU from Blackrock. And then Blackrock has an IOU from Coinbase which actually holds the Bitcoin. So I always tell people look it's a spectrum. If you want to take that trade off and you're taking a trade off for convenience over a security and sovereignty, if you want to take that trade off, that's go right ahead. But be have your eyes wide open and be conscious of the trade off that you're making. I always prefer to, uh, tell people Bitcoin is unique. This is a bearer asset. People forget about bearer assets. Bearer assets are a very good thing. They give the people who hold them ownership over them.   Nick Giambruno (00:22:42) - I think people who are interested in sovereignty. One thing too that's very important is that even if the Bitcoin price stays flat forever, it doesn't go up at all. It still offers people tremendous value as what we were talking about before, even if it stays flat and doesn't go up ever again, it's still offers anybody, anywhere in the world the ability to send and receive value from anybody else, anywhere in the world, and to hold money that's resistant to debasement, that's hugely valuable, even if the price doesn't go up. So and you can only get those benefits if you hold Bitcoin properly in your own bitcoin wallet, where you control the keys and only you control the keys, because that's who has ownership to this. Bitcoin is by who controls those private keys. You can just kind of think of that like the password dear Bitcoin. So that's what you want to do. If you can learn how to drive a car you can learn how to self-custody Bitcoin.   Keith Weinhold (00:23:33) - I love what you did there, Nick, because what you helped us do is you helped us transition from talking about Bitcoin as an investment asset to using bitcoin as a currency, if you wish to use it to transfer value.   Keith Weinhold (00:23:47) - Really, Nick, I think a lot of people in the United States, one reason that they're not that interested in Bitcoin is because our currency, our United States dollar, it sure has problems. It sure recently went through a big wave of inflation, but our currency just is not as bad as some of these worthless pieces of paper have been in the Argentine currency or in Turkey or in Iran or Haiti. So maybe Americans don't have enough of a reason to want to go ahead and get a currency that holds its value. So what are your thoughts with what people in other nations are doing, including El Salvador, with immediate legal tender versus the United States, where we have this dollar that's being debased but just not quite at the rate of most other world nations.   Nick Giambruno (00:24:30) - That's a good point. I see this in my travels around the world. It may seem like an advantage for the Americans, but I think it's a disadvantage because they're going to be catch on to this last because they're going to have, oh, we've got the dollar.   Nick Giambruno (00:24:43) - The dollar's great. So why do I need to look at other alternatives. And and they're going to be the last people. So you're going to have I think what you could see over this the next few years, and certainly over the longer term, is that countries like El Salvador, the countries that are experiencing the highest rates of inflation now and are thus more motivated to look at a superior form of money like Bitcoin or gold, but a lot of them are going to Bitcoin. These are going to be the countries that might fare better over the long term, because they're going to be relatively early adopters in this superior monetary technology. Nobody takes a horse and buggy from New York to California anymore. No, you don't need to because you have airplanes, you have cars, superior technologies for transportation. And likewise, we now have a superior technology for money, which is to say storing and exchanging value. That's all money is. People think it's all confusing. You need a PhD and there's all these charts and confusing jargon.   Nick Giambruno (00:25:38) - Money is not confusing. It's actually intuitive and anybody in the world can understand it. It's just something that stores and exchanges value. It's really quite simple. So now we have a superior technology for storing and exchanging value. And I think people who adopt it first are going to reap the most benefits. There are a lot of Americans who have adopted it, but they have been spoiled by the fact that the dollar has been the world's reserve currency. Now, I think that's going away. That's a whole other story. I think that's the two big reasons why, you know, you shouldn't just depend on the dollar one. We can talk. This is a whole new discussion about the dollar as the world reserve currency. I think it's going away. But now despite that we also have a superior alternative with Bitcoin. So yeah, I think the people who are going to adopt this technology sooner are going to reap the most benefits.   Keith Weinhold (00:26:24) - Well, Nick, in your opinion, is Bitcoin's takeover inevitable and how does that look?   Nick Giambruno (00:26:30) - I don't think anything's inevitable.   Nick Giambruno (00:26:32) - I think it's a good that I mean, if I thought it was inevitable, I would sell everything and buy it. I have a more diversified portfolio, but I have a strong conviction in it, very strong conviction in it. But nothing is certain. Nothing's 100%. So I never tell people, you know, and I'm not giving anybody any investment advice. I'm not a registered investment advisor or anything like that. But in any case, even if I was, I wouldn't tell anybody to go all in on anything. And that's certainly not how I manage my risk. However, I do have a very high conviction in it, and I think as it stands now, it has an excellent chance at gaining huge market share in the market for money. And people don't think of money as a market, like a real estate market or a technology market, or the market for any industry. But money is a market. It's probably the biggest market. And I think Bitcoin is you need to put it into perspective, the market cap of all the gold in the entire world is about $13.7 trillion.   Nick Giambruno (00:27:27) - The market cap for all Bitcoin in the world, last I checked, is around $850 billion. So we're less than 10% of gold's market cap. It has. And that's not even including all the fiat currencies. All the fiat currencies have a much larger market cap than even gold. So Bitcoin is just a blip on people's radars. So I think it has a lot of upside from here.   Keith Weinhold (00:27:46) - One important question an investor can ask themselves once they learn more about Bitcoin is, can I really afford to have absolutely none? You're listening to get reciprocation. We're talking with Nick Bruno of the Financial Underground Warren. We come back when now we've talked about the upside of Bitcoin. Let's talk about a lot of the criticisms you're listening to get rejection I'm your host Keith Weiner. Role. Under this a specific expert with income property, you need Ridge Lending Group and MLS for 256. In gray history, from beginners to veterans, they provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's.   Keith Weinhold (00:28:29) - Start your pre-qualification and chat with President Charlie Ridge personally. They'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com. You know, I'll just tell you, for the most passive part of my real estate investing, personally, I put my own dollars with Freedom Family Investments because their funds pay me a stream of regular cash flow in returns, or better than a bank savings account up to 12%. Their minimums are as low as 25 K. You don't even need to be accredited for some of them. It's all backed by real estate and that kind of love. How the tax benefit of doing this can offset capital gains and your W2 jobs income. They've always given me exactly their stated return paid on time. So it's steady income, no surprises while I'm sleeping or just doing the things I love. For a little insider tip, I've invested in their power fund to get going on that text family to 66866. Oh, and this isn't a solicitation. If you want to invest where I do, just go ahead and text family to six, 686, six.   Keith Weinhold (00:29:52) - This is Richard Duncan, publisher of Macro Watch. Listen to get Rich education with Keith Winchell. And don't quit your day dream. You're listening to SOS created more financial freedom for busy people just like you than nearly any show in the world. This is jet versus cash, and I'm your host, Keith Whitehall. We're talking with the Financial Underground's Nick Bruno. We're talking about Bitcoin in a dedicated episode for the first time ever here in the history of the show. And when we had a chance to talk to Nick Bruno, you can see why we wanted to do this. But, Nick, a lot of people in the United States are concerned that the US government might do something similar to what China did and just go ahead and shut down Bitcoin and shut down cryptocurrency because Bitcoin, it basically competes with the US government's product, the dollar. So what are your thoughts when people say, oh I don't know about that. The government can just shut Bitcoin down.   Nick Giambruno (00:30:53) - I'm glad you mentioned China because the communist governor of China is a very powerful governments.   Nick Giambruno (00:30:58) - It's one of the most powerful and maybe arguably the most powerful government in the world. And they've tried many times to ban Bitcoin. You know how it turned out. It was a total failure because Bitcoin is basically code in its mathematics. So it's not the easiest thing to ban even if they wanted to ban it. You're trying to ban mathematics because that's all Bitcoin is. And further many Bitcoin wallets and it all works on cryptography. As and as I said, cryptography is just advanced mathematics. Many Bitcoin wallets have a way to back up your funds a 12 word phrase. So if you can memorize well words, which represents your wallet, you can potentially store billions of dollars just in your head. Now this is how are you going to ban that? You can't ban that. It's completely impractical. I always tell people, you know, look at how governments have tried to ban cannabis. Everybody has been able to buy cannabis in any city they wanted to. And then also other countries have tried to ban US dollars.   Nick Giambruno (00:31:57) - Argentina tries to ban U.S. dollars, Venezuela tries to ban U.S. dollars. You know what it does? It creates nothing. But an underground market doesn't extinguish people's desire to have dollars. And I think that's what we have here. I think economic incentives are more powerful than governments. And aside from that, I don't think that's going to happen because what they approve all these ETFs, that they were just going to turn around and ban it? I don't think so. Further, you have lots of court cases. There is established federal court cases that have ruled that computer code, which Bitcoin is just computer code, is equivalent to free speech protected under the First amendment of the US Constitution. Oh yes, I understand the Constitution is not people can change it and it's malleable. But still, that complicates any government's desire to ban it. They're going to have to overturn those federal court cases. That's not going to be easy. And even if they do, how are you going to ban something that somebody can just memorize with 12 words written on a piece of paper or in their head, it's completely impractical.   Nick Giambruno (00:32:58) - And then, of course, you have the example of China, which has banned Bitcoin several times. You know what? Absolutely nothing happened. But Bitcoin business is moving out of China and Bitcoin adoption among regular Chinese people going up. They can hinder businesses and large like entities that have big presences. They can hinder that certainly. But Bitcoin is global. It'll just go where it's treated best. It's like water. It'll just move to wherever it's treated best. I always say this too. So even if like the northern hemisphere disappeared, let's say there's an all out nuclear war between Russia and the US that will basically wipe out the northern hemisphere. You know what? Bitcoin won't miss a beat in the southern hemisphere. It'll still keep going in the southern hemisphere because it is decentralized and un over tens of thousands of computers around the world. And if even one of those computers survives Bitcoin lives on. So I think this is a very, very hard I wouldn't want to be trying to ban this thing because it's not practical.   Keith Weinhold (00:33:56) - Other critics say, all right, if the government can't ban it, well, the government can just then allow it make it be legal, but they can regulate the heck out of it and they can tax it at really high rates. What are your thoughts there?   Nick Giambruno (00:34:11) - Well, the government can do whatever it wants, but I think, yes, it can do all of those things. But I think here's the main point is that Bitcoin is we talked about economic incentives. Economic incentives are more powerful than politicians. And I think that's a truism. So as more people become holders of bitcoin aware of bitcoin, I don't think restricting bitcoin or banning bitcoin or adding regulations to Bitcoin or adding taxation to it, I don't think that's going to help anybody win an election. Is that going to help anybody win an election? I don't think so. That would be extremely politically unpopular. Yeah, that could happen. It would be bad news for the people who live in that jersey. But you know what? It's not going to kill bitcoin.   Nick Giambruno (00:34:52) - It's going to just be a hindrance for the people who live under these Luddite politicians who would do such a thing. But I don't think they're going to do such a thing. They just approve the ETF. I think Bitcoin has reached escape velocity in terms of its political popularity. I don't think anybody is going to win an election by being tough on Bitcoin.   Keith Weinhold (00:35:11) - A number of congresspeople hold bitcoin, Cynthia Loomis being one of the more prominent ones. And then you and I talked about the SEC spot Bitcoin ETF approval earlier. Well, that's a bit of a de facto stamp of approval on bitcoin really in a sense. And I think another criticism Nick, in my opinion this is easy to dispel. But some people will say, well, there are tens of thousands of cryptocurrencies out there. This stuff's just junk. There's something like hump coin that a prominent rapper promotes. I mean, all this stuff is just a bunch of junk. When all these cryptocurrencies come out. And I tend to think that's very different than Bitcoin.   Keith Weinhold (00:35:50) - Just like if there's some new stock IPO with zero fundamentals that comes out, I mean that doesn't diminish blue chippers like Apple or Microsoft at all. So I think of Bitcoin as the first or one of the first cryptocurrencies with a finite supply. So these overnight fly by night new cryptos I don't think that's really a very good criticism of Bitcoin.   Nick Giambruno (00:36:12) - No, I think this is one of the most popular misconceptions is that there is this crypto asset class and that Bitcoin is just one of 20,000 cryptocurrencies. And I think this is transparently false. It's like saying, oh, you know an increase in the pyrite supply is going to, you know, dilute the gold or something right. So it's kind of ridiculous. And the reason behind this is very simple. Bitcoin is the only one that nobody controls. Nobody can change bitcoin. It's the only one that is like that from Ethereum which is number two on down. They can be changed. A group of people can get together and change it. And in fact, Ethereum's monetary policy has been changed more often than the Federal Reserve's monetary policy.   Nick Giambruno (00:36:54) - It's just instead of the FOMC getting together and deciding what we should do with the money supply, it's a group of Ethereum developers and insiders that get together and change it. And the same thing is true of every other cryptocurrency. So that's the very defining feature of Bitcoin is that nobody can change it. That's what makes it interesting. If somebody could change Bitcoin, it wouldn't be interesting. And we don't need to get into the weeds of that. But needless to say, Bitcoin is the only one where the supply has credibility. We all know the bitcoin supply is 21 million. Nobody can do anything to change that. What is the Bitcoin supply going to be in five years? I could tell you with precision what it will be in five years. I can tell you with precision what it'll be in ten years. And you tell me what the Ethereum supply is going to be in five years. Can you tell me what the supply is going to be in ten years? You tell me what any cryptocurrency aside from Bitcoin supply is going to be in five years.   Nick Giambruno (00:37:41) - No you can't because it depends on how the developers are going to change it. So it's quite ridiculous to lump these two things together. They're entirely separate. Crypto is a cesspool. Quite frankly. Bitcoin is the real innovation.   Keith Weinhold (00:37:55) - And immutable protocol as they call it. Nick, I think one criticism is to pull back. We all know that money is three things. It's a store of value. It's a medium of exchange and it's a unit of account. And a lot of people say, I don't think Bitcoin can be a legitimate currency because all people do is store it. So it might meet the store of value criterion of those three. But I don't know about its legitimacy as a currency. Does that matter? I mean, people kind of use gold as a store of value, but not a currency. What are your thoughts?   Nick Giambruno (00:38:25) - Yes, it does matter. And it's a good question. The answer is is Bitcoin is not an established money. Take gold for example. Gold has been around for thousands of years.   Nick Giambruno (00:38:34) - It is an established form of money. Bitcoin is an emerging form of money. It's a very big distinction. So I personally think the way this will go and you know people disagree. But I think just logically, if you look at it, yes, story of value comes first. Why. Because once people store their value in Bitcoin, the monetary network of people who will be willing to exchange that bitcoin for something else grows and you can't have one before the other in terms of like nobody's going to exchange bitcoin if they're not already storing bitcoin. So the more people that store bitcoin have it available to exchange it for other people, it's like a network effect, any kind of network effect. That's a monetary network effect. And that's time to build further Bitcoin related misunderstanding is you kind of view Bitcoin in a different lens than just paying for like a cup of coffee, because that's really not what it's made for. The Bitcoin network has a hard limit on the number of transactions that I can process every day in order to keep it decentralized, because if it processed everybody's coffee transaction, you would need huge data centers to run the Bitcoin software.   Nick Giambruno (00:39:37) - The matter is, is that the Bitcoin software needs to be decentralized. So right now, anybody who has an average laptop, an average Raspberry Pi can run Bitcoin. That is very important for its decentralization. And if you were putting everybody's retail transaction on the Bitcoin blockchain would be impossible. You need large data centers. Now does that mean Bitcoin can't scale to become a medium of exchange? Absolutely not. You have to just think of bitcoin. What is a Bitcoin transaction represents. It represents final international settlement and clearance. So it's more akin to an international wire transfer. You wouldn't pay for a cup of coffee with from a Swiss bank account to Starbucks in New York. That's basically what you're talking about. What you do is you build layers. There are different layers that are built on top of that bedrock, which is the Bitcoin network that is immutable, unchangeable, and then you build transaction networks on top of that. So what we have with Bitcoin, the most prominent one right now is called the Lightning Network, which is another network that's built on top of Bitcoin that is really more suitable for smaller day to day coffee transactions.   Nick Giambruno (00:40:43) - You can actually send about 1/32 of a penny over lightning. So you can do all sorts of micro-transactions. Very interesting. So that's akin to, you know, like a credit card or a credit card is kind of like a layer two network that's built on top of central banks, which do international clearing and settling, and credit cards are built on top of that. And you can think of the same kind of solutions that are going to be built on Bitcoin. You're going to have different layers for different applications. And in terms of these medium of exchange and transaction network in Bitcoin it's the Lightning Network. And it's very exciting to use.   Keith Weinhold (00:41:19) - Yeah the Lightning Network it's been around for a while. It's been getting more adoption to help promote payments through Bitcoin. Being a real estate investing show here, oftentimes our listeners are interested in buying a property that will produce income from a tenant that's in that property. Can Bitcoin produce income?   Nick Giambruno (00:41:40) - Bitcoin itself cannot produce income because it's just simply money. It's simply an asset in the same sense that gold doesn't produce income.   Nick Giambruno (00:41:47) - If you want to earn income from Bitcoin, invest in Bitcoin related companies and Bitcoin related businesses that pay dividends. There are some and there is going to be many more. There are Bitcoin mining companies. These are companies I specialize in covering. In my financial research. They're relatively new. They don't pay dividends yet, but there are several that are looking to establish dividends. You can also lend your bitcoin I mean that's not bitcoin giving you a yield. That's you earning a yield from lending your bitcoin. I would caution you because there's been a lot of these kinds of bitcoin lending services that have gone bankrupt. BlockFi Celsius I'd be. And so whenever I hear about Bitcoin yields I caution people to be not just vigilant, be double vigilant of how you would normally be because there's been so many scams in this area and bad companies that have gone bankrupt. Taking advantage of people looking to earn a yield on their bitcoin. It's really a nascent industry. And you know what? Look at Bitcoin's compounded annual growth rate over any period of time for years.   Nick Giambruno (00:42:50) - You don't need a yield. It's going up if the trends continue. And I always tell people if you're going to invest in Bitcoin, have at least a four year time horizon, because that's a long time horizon. But the reason is, is because that gives you through one halving cycle, these having cycles go every four years. It's almost impossible. There's maybe a couple of instances, a couple of days where the bitcoin price wasn't higher than it was four years ago. So I always tell people have a four year time horizon when you're dealing with Bitcoin. And when you look at the returns, that could be possible. And I think the pastor. Returns. Past performance doesn't guarantee anything in the future, but I think that being said, we can expect this cycle to be similar to the other cycles. When you see that kind of potential, it should really make you not interested in these yield products.   Keith Weinhold (00:43:39) - You mentioned a couple of bankrupt crypto exchanges there, BlockFi and Celsius. I got caught up in some of that.   Keith Weinhold (00:43:48) - Now I keep all of mine on a hard wallet because really what these exchanges do is they're centralize something that's supposed to be decentralized like Bitcoin, and it gives Bitcoin a really bad name. Nick, I had some people reach out to me when FTX imploded and people said, this proves that Bitcoin is a scam. And I had to gently explain to people, whoa whoa whoa whoa whoa whoa whoa. Just because Wells Fargo or Chase fails. We didn't say the dollar failed. It wasn't a failure in Bitcoin. It was a failure in these exchanges.   Nick Giambruno (00:44:20) - Oh, yes. This has been going on for a long time. And before FTX, there's Mt. Gox. There's a lot of these things. So I think the underlying lesson here in all of these examples is that don't trust third parties. And with Bitcoin you don't need to trust their authorities because if you can learn to custody your own Bitcoin, you are totally responsible, totally in control of your destiny. You don't have to worry about one of these bitcoin companies going bankrupt because you hold it and only you hold it.   Nick Giambruno (00:44:48) - And I think that's what makes it special.   Keith Weinhold (00:44:51) - This has been a great chat and I think a really good Bitcoin 101 for a person that still doesn't understand very much about it. And you help people understand Bitcoin, you do an awful lot of other things, including informing people about global trends and macroeconomics. So if someone wants to connect with you and learn more from you, what's the best way for them to do that?   Nick Giambruno (00:45:13) - The best place is Financial Underground Comm. I have a really helpful Bitcoin guide that shows people how to use it in the most sovereign and the most private ways possible, and I keep that guide up to date with the current best practices, because these things change very frequently. Like what is the best wallet, what is the best hardware wallet, and so forth. So I keep this guide alive with the best current practices. I think that would be a big help for people. Could definitely save them many, many hours of time by simply just identifying today's best practices. So I think that would be very helpful.   Nick Giambruno (00:45:45) - You can find all that at Financial underground.com.   Keith Weinhold (00:45:49) - Nick Bruno has been super informative. Thanks so much for coming on to the show.   Nick Giambruno (00:45:54) - Thank you Keith, great to be with you.   Keith Weinhold (00:46:01) - Another Bitcoin criticism is its energy use. Oh, look at all the electricity that mining consumes. What a waste. But the more you learn, you find that Bitcoin miners, they often use stranded energy sources that might not get used otherwise. In fact, miners have an economic incentive to use stranded and low cost energy. Volatility in Bitcoin's price has been a real problem if you want to use it as a currency. The price for one Bitcoin peaked at almost $70,000 in late 2021, and just a year later it was under 16 K, and now the price has swelled up a lot again from that recent low. In any case, if you choose to own Bitcoin or any other crypto, please store it on a cold wallet for security. It's a small device. It's about three times the size of a thumb drive. It looks like a thumb drive, and there is a learning curve that you have to meet in order to use one.   Keith Weinhold (00:47:04) - I don't own much gold or bitcoin, just a little. They both have their merits and risks like we've discussed. I'm a real estate guy. Even most gold and bitcoin proponents that I've talked with seem to agree with me that real estate is the proven wealth builder. I'm not sure if we'll ever devote another episode to Bitcoin here. I hope that today's episode at least equipped you to ask better questions, in case you want to know more about it. Today's episode had a more international than usual feel. Bitcoin has no boundaries. I'm in Ecuador and our guest Nick joined us from Argentina today. I'll be back in the US next week when I have some really important real estate trends to tell you about. Until then, I'm Keith Reinhold. Don't quit your daydream.   Speaker 7 (00:47:54) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss.   Speaker 7 (00:48:09) - The host is operating on behalf of get Rich education LLC exclusively.   Keith Weinhold (00:48:22) - The preceding program was brought to you by your home for wealth building. Get rich education.com.

Hooray !! Spot Bitcoin ETFs are finally approved by the Securities Exchange Commission (SEC) in what is being called a watershed moment for crypto. Now what happens? In this episode, Ian Andrews (CMO, Chainalysis) sits down with Jeffrey Billingham (Strategic Initiatives, Chainalysis) who has been watching the Bitcoin ETF situation unfold since the Winklevoss twins first filed for a bitcoin (BTC) exchange-traded fund (ETF) in July 2013. Jeff and Ian delve into the significance of these ETFs, explaining how they simplify access to bitcoin as an asset class and eliminate the technological hurdles of owning and transacting with cryptocurrency. Jeff also explores the difference between spot and futures ETFs, the role of custodians and authorized participants, and the impact of surveillance-sharing agreements on market manipulation concerns. They cover the immediate impact of these ETFs on the trading volume of Bitcoin and hypothesize on the future of ETFs and the potential for asset tokenization. Minute-by-minute episode breakdown (2:13) - Overview of the launch of Bitcoin ETFs and significant trade volume (4:43) - Explanation of what an ETF is and its significance of it being a Spot Bitcoin ETF (9:20) - Understanding ETF stakeholders like authorized participants, sponsors and custodians  (11:40) - Impact of cash model for ETF transactions and hope for future in-kind transactions (15:24) - Regulatory concerns about market manipulation and fraud (18:23) - Surveillance-sharing agreements and increased transparency to secure SEC approvals (20:51) - Maturation of crypto as an asset class and its implications on original Bitcoin ethos (24:05) - Potential influence of ETFs on real-world asset tokenization  (26:18) - Expectations for the future of ETFs Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Chainalysis: Paving the way for a global economy built on blockchains Article: CNBC: Bitcoin ETFs have a key difference from their stock fund counterparts Article: Blockworks: How ‘surveillance-sharing' is designed to deter bitcoin ETF manipulation Blog: CSAM and Cryptocurrency: On-chain Analysis Suggests CSAM Vendors May Benefit from Privacy Coins like Monero and Other Obfuscation Measures Announcement: SEC's official X/Twitter account compromised Conference: Chainalysis Links NYC 2024 Conference (Early Bird Pricing Expires Soon) Blog - 2024 Crypto Crime Trends: Illicit Activity Down as Scamming and Stolen Funds Fall, But Ransomware and Darknet Markets See Growth YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Telegram: Chainalysis on Telegram  Speakers on today's episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Jeffrey Billingham (Strategic Initiatives, Chainalysis) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.  

YEAH https://erickimphotography.com/blog/2024/01/19/bitcoin-thoughts-3/ The text titled "Bitcoin Thoughts" presents a wide-ranging, personal exploration of various topics, notably focusing on Bitcoin, its key players, and the cryptocurrency world, while also touching upon broader themes of wealth, investment, lifestyle, and philosophy. 1. **Bitcoin and Key Players**: It begins by discussing the rebranding of Square to Block.xyz and its involvement in Bitcoin. The author highlights the significance of Jack Dorsey, former Twitter CEO and a major proponent of Bitcoin, and his investments in Bitcoin-related ventures. It delves into the rapid transaction capabilities of the Lightning Network and the potential future viability of Bitcoin, backed by influential figures and major corporations like Tesla. 2. **Bitcoin Investment and Market Dynamics**: The text touches on large Bitcoin holdings by entities like MicroStrategy, Binance, and individuals like the Winklevoss twins and Tim Draper. The author shares their personal journey with Bitcoin, from an initial investment at $6000 per Bitcoin to witnessing its significant rise in value. 3. **Philosophical Insights and Fallacies**: The author draws from philosophical ideas and fallacies like the Lucretius fallacy and the turkey fallacy (referencing Nassim Taleb's "Antifragile") to caution against overreliance on past trends for future predictions and the dangers of complacency. 4. **Critique of Statistics and Personal Lifestyle Choices**: The author questions the reliability of statistics and shares personal anecdotes about diet and lifestyle choices, challenging mainstream dietary advice and celebrating individuality and outliers. 5. **Bitcoin's Branding and Market Position**: The narrative praises Bitcoin's branding, its recognizability, and its position as a leading cryptocurrency, while expressing skepticism towards alternative coins and the myth around Satoshi Nakamoto, Bitcoin's mysterious creator. 6. **Reflections on Wealth and Status Symbols**: The author critiques certain status symbols like luxury cars, suggesting that real wealth and success are not always reflected in such external displays. They express skepticism about the value and authenticity of luxury car brands. 7. **The Future of Bitcoin and Wealth Philosophy**: Looking ahead, the author speculates on Bitcoin's long-term prospects, considering factors like the 'halving effect'. The text concludes with reflections on the true nature of wealth, emphasizing health, family, and a child-like approach to life as the ultimate forms of richness. Overall, "Bitcoin Thoughts" is a blend of personal finance insights, philosophical musings, and lifestyle reflections, centered around the evolving landscape of Bitcoin and the broader implications of wealth and success.

Brothers Phil & Warren head to Silicon Valley for a deep dive into the biographical drama masterwork “The Social Network.” Topics include: Sorkin's unusual adaptation & Fincher's meticulous approach (3:40), the stars of the picture (15:35), stats & accolades (26:55), best scenes & lines (36:15), Judge Bob's recasting court (51:05), and the film's legacy & lore (1:08:35), plus much more.

Chapter 1 What's Digital Gold Book by Nathaniel Popper"Digital Gold" is a book written by Nathaniel Popper, an American journalist who covers technology and finance. Published in 2015, the book explores the rise of Bitcoin, the first decentralized cryptocurrency, and the potential impact of blockchain technology on the financial industry.In "Digital Gold," Popper provides an in-depth narrative of Bitcoin's origins, starting from its mysterious creator, Satoshi Nakamoto, and the early adopters who saw the potential of a digital currency free from centralized control. The book covers the various controversies and challenges that Bitcoin faced in its early years, including the downfall of the infamous Silk Road marketplace and the Mt. Gox exchange collapse.Popper explores the ideological underpinnings of Bitcoin, including the concept of financial autonomy and the potential for a decentralized economic system. He also delves into the personalities and motivations of key figures in the Bitcoin community, such as Gavin Andresen, Charlie Shrem, and the Winklevoss twins.Through interviews and research, Popper examines the broader implications of Bitcoin and the underlying blockchain technology. He looks at the potential for blockchain to revolutionize not only finance but also industries ranging from healthcare to supply chain management.Overall, "Digital Gold" offers a comprehensive and compelling account of the early years of Bitcoin and the challenges and opportunities presented by digital currencies and blockchain technology. It provides readers with a better understanding of the potential impact of these innovations on the global economy.Chapter 2 Is Digital Gold Book A Good Book"Digital Gold" is a book written by Nathaniel Popper, a journalist and staff writer at The New York Times. It is a non-fiction book that explores the rise of Bitcoin, the technology behind it, and the individuals and communities involved in its development. The book delves into the history and stories behind Bitcoin's origins, including profiles of early adopters and entrepreneurs in the cryptocurrency space.The book has generally received positive reviews and has been praised for its in-depth research and storytelling. It provides insights into the world of Bitcoin and the challenges it has faced, as well as its potential long-term impact on finance and beyond. However, it is worth noting that the book was published in 2015, and the cryptocurrency landscape has evolved significantly since then.Ultimately, whether "Digital Gold" is a good book for you to read will depend on your interest in Bitcoin and cryptocurrencies, as well as your preferred style of non-fiction writing. Reading reviews and considering your personal interests may help you determine if it is a good fit for you.Chapter 3 Digital Gold Book by Nathaniel Popper SummaryThe Digital Gold Book by Nathaniel Popper is a book that explores the rise of Bitcoin and other cryptocurrencies. It provides a comprehensive look at the history, technology, and implications of these digital currencies.Popper begins by introducing the reader to the mysterious creator of Bitcoin, Satoshi Nakamoto, and delves into the backstory of how Bitcoin came to be. He explains the underlying technology of Bitcoin, known as blockchain, and how it functions as a decentralized ledger.The book then moves on to discuss the various individuals and groups that have embraced Bitcoin, including libertarians, entrepreneurs, and criminals. Popper explores the impact of Bitcoin on the financial industry, discussing how it has disrupted traditional banking systems and made international transactions more accessible.Popper also examines the potential downsides of...

The cryptocurrency world has been buzzing with news of a potential Bitcoin Exchange-Traded Fund (ETF) in recent weeks. The idea of a Bitcoin ETF has been around since 2013, with early proposals like the one from the Winklevoss twins facing repeated rejections by the SEC. However, the recent optimism stems from BlackRock's involvement in the application process. This prominent financial institution's interest has reignited hope for the ETF's approval and sparked a new rally in the cryptocurrency market. Investors see the ETF as a way to bridge the gap between traditional finance and crypto, potentially increasing Bitcoin's value and adoption. The market eagerly awaits the SEC's decision on BlackRock's application.

Rich sits down with Dan Martell - a WSJ best-selling author, serial entrepreneur, investor, and growth coach. Dan is the mastermind behind several successful companies, such as Clarity.fm, and Flowtown. He is also an angel investor with a diverse portfolio that includes companies like Intercom, Udemy, and Unbounce.Rich and Dan start off by discussing how they got connected, Dan's jet and how to hire a pilot, the lack of tax benefits in Canada, connecting with Kent Clothier, Dan's background and how he got into making content, where Dan sees the most opportunity for every day individuals, looking at trends in the market, the value of sales as a skillset, and the feedback loop.They also reflect on public speaking and an author's expertise, Joe Rogan and being passionate about what we are interested in, the highest gross margins in the tech industry, Grant Cardone and 10x Ventures, the ability to produce returns in capital, the benefits of reputation and being on social media, and Alex Hormozi and Warren Buffett.Lastly, Rich and Dan talk about the skillset required of being a business owner, the value add components of buying companies, willingness to pay and changing pricing, what customers value, the due diligence period, the Winklevoss twins, the benefits of taking a company public, the success of Amazon as a company, Mr. Beast, the value of writing a book, and what makes an entrepreneur successful. Connect with Dan on Instagram: @danmartell--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.

A grass roots club with a difference - hear how Peter has built up a club by using Bitcoin with a little help from the Winklevoss twins! --- Send in a voice message: https://podcasters.spotify.com/pod/show/stephen-cleeve/message

The Winklevoss Twins case for a $500,000 Bitcoin price was strengthened by the numerous applications for spot Bitcoin ETF's made by several traditional finance giants, including BlackRock, Fidelity, Valkyrie, WisdomTree, and Invesco over the past few weeks. Cameron Winklevoss took to Twitter to share his thoughts on the recent spot BTC ETF filings: "The Great Accumulation of bitcoin has begun. Anyone watching the flurry of ETF filings understands the window to purchase pre-IPO bitcoin before ETFs go live and open the floodgates is closing fast. If bitcoin was the most obvious and best investment of the previous decade, this will likely be the most obvious and best trade of this decade." Learn more about your ad choices. Visit megaphone.fm/adchoices

So much for amicable resolution. After publically threatening a lawsuit earlier in the week, Gemini and their co-CEO Winklevoss twins have filed a lawsuit against DCG and Barry Silbert personally around the Genesis bankruptcy and their accusations of fraud.  Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

The billionaire Winklevoss twins, Cameron and Tyler, who turned to Bitcoin and crypto after playing a part in the founding of Facebook, have said they still expect BTC to "disrupt" the gold market, predicting Bitcoin will eventually surge to a price of $500,000 per coin, giving it a market capitalization of around $10 trillion. "If you look at the value increases in bitcoin, it is this punctuated equilibrium where it is steady, steady, steady," Cameron Winklevoss told The National earlier this month. "And then boom—it reaches a new price level. That is the new normal. So, it could happen very quickly." Learn more about your ad choices. Visit megaphone.fm/adchoices

It's 2015 and Coinbase is out to carve up the crypto scene with its new exchange. But it's about to face strong headwinds in the form of state regulators, banks, and the Winklevoss twins' new startup Gemini. And as Coinbase's growth slows, CEO Brian Armstrong faces pressure to abandon crypto.Binge all episodes early and ad-free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It's 2017, and after months of sky-high price rises, the crypto bubble is about to burst. But as scammers and investor panic crash the market, the Winklevoss twins' nemesis Mark Zuckerberg is making moves. He's planning a push into crypto designed to put Facebook at the center of global finance.Binge all episodes early and ad-free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Es 2017, y después de meses de aumentos de precios altísimos, la burbuja de las criptomonedas está a punto de estallar. Pero mientras los estafadores y el pánico de los inversores colapsan el mercado, el némesis de los gemelos Winklevoss, Mark Zuckerberg, está en movimiento. Está planeando impulsar una cripto moneda diseñada para poner a Facebook en el centro de las finanzas globales.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Alibaba revealed its ChatGPT-style bot, and mere hours later the Cyberspace Administration of China announced plans to require security reviews of generative AI tools before they're released. The Winklevoss twins made a $100 million loan to their crypto exchange, Gemini Trust, after it failed to raise enough from outside investors. The FBI has warned against using any public USB charging ports. And YouTube has announced new Premium features and also announced the pricing for their NFL Sunday Ticket packagers and they're not cheap.Sponsors:Bloomberg.com/careersgo.tech/tmLinks:China slaps security reviews on AI products as Alibaba unveils ChatGPT challenger (Ars Technica)China proposes measures to manage generative AI services (Reuters)Winklevoss Twins Lend $100 Million to Their Gemini Crypto Platform (Bloomberg)Juice jacking rising, FBI says don't use airport USB outlets (Android Authority)YouTube Premium adds more perks with SharePlay support, higher quality video and more (TechCrunch) NFL Sunday Ticket on YouTube starts at $249 for the 2023 season (The Verge)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The most valuable crypto stories for Tuesday, April 11, 2023. This episode is sponsored by Filecoin Foundation."The Hash" tackles today's hot topics: Bitcoin's price crosses over $30K and crypto-related stocks are also seeing big spikes. The SEC is hiring more attorneys for its crypto enforcement unit. The IMF joins the call for more international crypto regulation. Plus, the Winklevoss twins reportedly personally loaned their Gemini platform $100 million.See also:Bitcoin Approaches $30K, Reaching Highest Price Since JuneSEC Is Adding Attorneys to Crypto Enforcement UnitWinklevoss Twins Lent Their Crypto Platform Gemini $100M: Bloomberg-This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Connect with the Filecoin community at the Filecoin Network Base in Austin, April 24-26, ahead of Consensus 2023. Register today at networkbase.io/austin. And find us on the Consensus show floor in the Protocol Village, presented by Filecoin Foundation. See you in Austin! -Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code THEHASH to get 15% off your pass. Visit coindesk.com/consensus.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Perianne Boring is the Founder and CEO of the Chamber of Digital Commerce. In this interview, we discuss the history of Bitcoin spot ETF proposals, the numerous rejections and changing conditions for approval, and why the SEC won't approve a Bitcoin spot ETF. - - - - The first application for a Bitcoin spot ETF in the US was made by the Winklevoss brothers back in 2013. The SEC rejected this proposal in 2017. Since then the SEC has rejected applications from at least 16 different companies, some of whom have made multiple applications. The last rejection was in early October. It's not that the SEC dislikes ETFs. There are over 2,500 ETFs in the US market with over $7.2 trillion AUM. Further, there is also strong demand in the market: over 99% of the 11,400 letters sent to the SEC in relation to Grayscale's ETC application were in support. In the meantime, Bitcoin spot ETFs are being approved across the world, most notably across the border in Canada. The Chamber of Digital Commerce, the blockchain trade association, has assessed the history of Bitcoin spot ETF applications accounted for in a report. This outlines major inconsistencies in the way the SEC treats applications: denials have conditions applied for subsequent applications; these conditions are met, the new applications are denied; rinse and repeat. In addition, in 2021 the SEC approved the first US Bitcoin futures ETF. Whilst the performance of the Bitcoin futures ETF has tracked the Bitcoin price reasonably closely, futures markets are by their very nature volatile as futures contracts can be unpredictable. So, it is potentially a less safe vehicle for investment. The obvious question is, therefore: why won't the SEC approve a Bitcoin spot ETF? Perianne Boring, the CEO of the Chamber of Digital Commerce, is of the opinion the decision is political in nature. There is a wave of money waiting to invest in such an ETF, which would accelerate the adoption of Bitcoin. This is something many decision-makers are resistant to. What's clear is that with Grayscale suing the SEC the issue is coming to a head.

“I think these policy fights for Bitcoin, this is the fight of my generation; and I think it's absolutely important that we as Bitcoiners, and people who care about this technology, understand these political fights, these legal fights because if we get the policy wrong, it can totally skew our future.”— Perianne BoringPerianne Boring is the Founder and CEO of the Chamber of Digital Commerce. In this interview, we discuss the history of Bitcoin spot ETF proposals, the numerous rejections and changing conditions for approval, and why the SEC won't approve a Bitcoin spot ETF. - - - - The first application for a Bitcoin spot ETF in the US was made by the Winklevoss brothers back in 2013. The SEC rejected this proposal in 2017. Since then the SEC has rejected applications from at least 16 different companies, some of whom have made multiple applications. The last rejection was in early October. It's not that the SEC dislikes ETFs. There are over 2,500 ETFs in the US market with over $7.2 trillion AUM. Further, there is also strong demand in the market: over 99% of the 11,400 letters sent to the SEC in relation to Grayscale's ETC application were in support. In the meantime, Bitcoin spot ETFs are being approved across the world, most notably across the border in Canada.The Chamber of Digital Commerce, the blockchain trade association, has assessed the history of Bitcoin spot ETF applications accounted for in a report. This outlines major inconsistencies in the way the SEC treats applications: denials have conditions applied for subsequent applications; these conditions are met, the new applications are denied; rinse and repeat.In addition, in 2021 the SEC approved the first US Bitcoin futures ETF. Whilst the performance of the Bitcoin futures ETF has tracked the Bitcoin price reasonably closely, futures markets are by their very nature volatile as futures contracts can be unpredictable. So, it is potentially a less safe vehicle for investment. The obvious question is, therefore: why won't the SEC approve a Bitcoin spot ETF? Perianne Boring, the CEO of the Chamber of Digital Commerce, is of the opinion the decision is political in nature. There is a wave of money waiting to invest in such an ETF, which would accelerate the adoption of Bitcoin. This is something many decision-makers are resistant to. What's clear is that with Grayscale suing the SEC the issue is coming to a head.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereFidelity - Careers in cryptoLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultTexas Blockchain Summit - Nov 17-18, 2022 | Austin, TexasBCB Group - Global digital financial Services-----WBD578 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.