crypto

China has called for “stable and constructive” ties with the US in a meeting with Elon Musk and some Wall Street companies are building their own digital markets trading platforms to compete with crypto companies. Plus, the FT’s Nicholas Megaw explains why investment funds have become a bigger insider trading risk for US lawmakers than buying shares in a single company. 

Mentioned in this podcast:

Wall Street ready to take on established crypto companies

US Congress: how investment funds became the new insider trading risk

China calls for ‘stable’ ties with US in meeting with Elon Musk

Nvidia hits $1tn market cap as chipmaker rides AI wave

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Vinny and Sunny join Jason to discuss AI’s blistering pace and compare its development to other product launches (2:47). They also break down the anxiety artists and developers feel from AI automation (14:47), the rise of AutoGPTs, Twitter’s reported LLM project, and more (37:01).

(0:00) Jason kicks off the show

(2:47) The blistering pace of AI

(9:44) Developer builds Flappy Bird in 1-hour

(11:24) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(12:53) Developers leveraging gains in AI

(14:47) Ai anxiety

(23:55) Instacart’s ChatGPT plugin 

(26:06) Preserving your advantage against AI

(29:10) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist

(30:14) AI artists

(35:54) Crowdbotics - Get a free scoping session for your next big app idea at http://crowdbotics.com/twist

(37:01) Automating with AutoGPT

(47:09) LLMs vs. Knowledge retrieval systems 

(57:06) Is Google’s Bard behind? 

(1:02:42) Twitter’s alleged generative AI project

(1:08:30) Ethereum and Bitcoin updates

FOLLOW Sunny: https://twitter.com/sundeep

FOLLOW Vinny: https://twitter.com/VinnyLingham

FOLLOW Jason: https://linktr.ee/calacanis

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FOUNDERS! Subscribe to the Founder University podcast:

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Lyn Alden is one of crypto’s favorite macro commentators and also a frequent returning guest to the Bankless program. When Lyn comes on Bankless, you know it’s because Macro is confusing, and we need help navigating these chaotic waters. 

Inflation! Bank run! Insolvency! Recession! Everyone’s yelling things! But what’s going to happen? Lyn has the answers. 

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✨ DEBRIEF | Unpacking the episode: 
https://www.bankless.com/debrief-lyn-alden 
 
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In today’s episode, Lyn covers whether or not the Fed Balance sheet is expanding to infinity, what’s even on the Fed Balance sheet, how the Fed actually works, why a regional bank crisis might domino to the Dollar losing world reserve currency status, and how that same bank crisis might impact the 2024 US Election. 

This is a Lyn Alden episode you don’t want to miss.  

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Topics Covered

0:00 Intro
5:09 Summary of Last Few Weeks
6:19 Speed Bump or Phase Change? 
7:55 Nobody Knows What Happens Next
10:10 The Balaji to Ben Spectrum 
18:14 Fed Balance Sheet Timeline
24:08 Run on the Fed? 
31:05 U.S. Treasuries Value
41:31 Impact of the Economy Post-Sucking 
47:31 Innovation Damper
49:18 Rethinking the Dollar’s Role in the World
52:52 Bull Case for Non-U.S. Dollar Supremacy 
57:38 More Division in the Economy? 
1:01:38 Loss of the Dollar? 
1:08:00 Reserve Currency Predictions
1:12:47 Bitcoin Liquidity Profile 
1:15:46 What Do We Do Lyn? 
1:18:14 Is Crypto the Ultimate Tail Risk? 
1:20:19 Closing & Disclaimers  

------
Resources:

Lyn Alden Twitter
https://twitter.com/LynAldenContact 

Lyn Alden 
https://www.lynalden.com/ 

Links to our recent macro series 
https://youtu.be/pP_HHE0kFhA 
https://youtu.be/E8lxrsF29u0 
https://youtu.be/-DzY_pCFGbI  
https://youtube.com/live/eregdZPLYjg  

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures 

Social media giant Meta is deliberating a company-wide ban on political advertising in Europe, crypto exchange Binance hid substantial links to China, and UBS is bringing back Sergio Ermotti to lead the bank as it integrates Credit Suisse. Plus, the FT’s Eleanor Olcott explains why China’s ecommerce giant Alibaba is splitting into six business units.  

Mentioned in this podcast:

Meta bosses look at political ads ban in Europe

Why UBS brought Sergio Ermotti back as chief executive

Binance hid extensive links to China for several years

Alibaba bets on split to survive Chinese tech’s new battlefields

Behind the Money podcast: Inside UBS’ takeover of Credit Suisse

Download the FT Edit app here: ft.com/ftedit

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Boris Johnson seems incapable of living within his means – but talented beyond measure at finding people to help him live beyond them. So just who is funding the ex PM? This is the brand of Boris Johnson.

Tortoise is a newsroom devoted to slow journalism.

For early access and ad-free listening subscribe to Tortoise+ on Apple Podcasts or join Tortoise for £60 a year.

As a member you’ll also get our newsletters and tickets to live events. Just go to tortoisemedia.com/slowdown.

If you’d like to further support slow journalism and help us build a different kind of newsroom, do consider donating to Tortoise at tortoisemedia.com/support-us. Your contributions allow us to investigate, campaign and explore, and to build a newsroom that is responsible and sustainable.  

Hosted on Acast. See acast.com/privacy for more information.

Producer Rachel joins Jason to break down the latest tech news. They cover AOC's arguments against banning TikTok (2:29), Alibaba's six-way split (18:43), Disney's metaverse cuts (28:17), Substack's equity crowdfunding (39:16), Lyft's precarious position, and more! (55:09) Then, Jason breaks down the case for shorting Coinbase. (1:12:14)

(0:00) Jason kicks off the show

(2:29) Reacting to AOC's arguments to not ban TikTok

(13:39) LMNT - Get a free sample pack with any purchase at http://drinklmnt.com/TWIST

(15:09) The CCP’s interest in TikTok 

(18:43) Alibaba's six-way split

(26:49) Mercury - Banking built for startups. See more at https://mercury.com/twist

(28:17) Disney sunsetting its Metaverse division

(38:09) Crowdbotics - Get a free scoping session for your next big app idea at http://crowdbotics.com/twist

(39:16) Substack's equity crowdfunding

(55:09) Lyft's precarious position

(1:04:18) Twitter shutters legacy verification badges

(1:12:14) Laying out the Coinbase short argument

FOLLOW Rachel: https://twitter.com/_rachelbraun

FOLLOW Nick: https://twitter.com/nickcalacanis

FOLLOW Jason: https://linktr.ee/calacanis

Subscribe to our YouTube to watch all full episodes:

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FOUNDERS! Subscribe to the Founder University podcast:

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Vinny and Sunny are BACK with Jason for another roundtable! First, they cover the aftermath of the bank shutdowns (2:54) before breaking down the impact on startups and the overall economy. (14:14) They also cover Zuckerberg announcing more cuts at Meta (1:05:49) and OpenAI launching GPT-4! (1:10:55)

(0:00) Jason tees up today's topics!

(2:54) Reflecting on the aftermath of the SVB collapse

(12:50) Cast.ai - Get a free cloud cost audit with a personal consultation at https://cast.ai/twist 

(14:14) Understanding the origins of the banking issues and the Fed's response

(27:10) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist 

(28:09) Signature and Silvergate troubles, overall lessons from the past week

(39:33) Orgspace - Get $2000 in credits at http://orgspace.io/twist 

(41:04) Understanding CBDC

(56:11) Things to consider going forward, payroll crisis

(1:05:49) Zuckerberg's "Year of Efficiency" and OpenAI launches GPT-4

Subscribe to our YouTube to watch all full episodes:

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FOUNDERS! Subscribe to the Founder University podcast:

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CLASH OF THE TITANS - Go To moorevleeds.com to find out more

Bitcoin millionaire and investor Peter McCormack joins Rob to talk about what they see as the future of money, including who controls it and the rest of the world. Peter also delves deep into why the economy in the UK is broken as well as his own personal struggles with a failing business and even drug addiction.

Peter Reveals:

• How he overcame his drug addiction
• His thoughts on the controversial Andrew Tate, Donald Trump and Katie Hopkins
• Why he bought a football club
• His views on masculinity
• His duty to educate others about money and the economy
• The risk of revolution in the UK

Also featured

• Peter’s podcast interview secrets
• Why we all have to challenge our own beliefs
• Why nurses aren’t paid more
• The realities and dangers of CDBC

BEST MOMENTS

“The bigger the guest the harder to get them to do what you want, it’s about what they want”

“A lot of shit went on in a few years and eventually I hit rock bottom”

“What will be will be”

“I’m not interested in someone who is controversial for the sake of it”

“If you see Andrew Tate as a hero, you are a loser, to me, he represents most of what is wrong with the world”

“Rishi Sunak, I think he’s evil, I think he’s a psychopath”

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

 rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/ 

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

See omnystudio.com/listener for privacy information.

disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Please take our 90-second audience survey for a chance to win a $50 amazon gift card at www.thisweekinstartups.com/survey

Vinny and Sunny are back for our first crypto-roundtable of 2023. Vinny breaks down the macroeconomic variables affecting Bitcoin’s price (1:39), plus they all predict whether Bitcoin will hit $30K or $16 first (11:43) (This is not financial advice). They delve into the ongoing controversy involving DCG, Gemini and Genesis (26:54), as well as the news that the SEC has charged both Gemini and Genesis with offering and selling unregistered securities (35:12). We wrap up the show with a great discussion about Porsche’s failed NFT drop and how brands should approach entering Web 3.0 (44:38).

(0:00) Jason kicks off the show

(1:39) Vinny’s macroeconomic breakdown

(10:18) Acquire.com - Sign up for FREE at https://try.acquire.com/twist

(11:43) Bitcoin’s price action + will it hit $30k or $16K

(17:35) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(18:59) Gluttony and the lack of consumer savings

(26:54) DCG, Genesis and Gemini controversy

(33:40) Fitbod - Get 25% off at https://fitbod.me/twist

(35:12) The SEC has charged Gemini and Genesis for selling unregistered securities

(44:38) Porsche’s NFT drop

FOLLOW Vinny: https://twitter.com/VinnyLingham

FOLLOW Sunny: https://twitter.com/sundeep

FOLLOW Jason: https://linktr.ee/calacanis

FOLLOW Molly: https://twitter.com/mollywood

Introducing: 'Real Money: The hunt for Tether's billions'. To listen to episode two of the series, click this link.

The dream of cryptocurrencies is in danger of imploding along with their value. If the crypto coin that supports the whole market goes under it could drag the entire system down with it. That coin is called Tether. 

Hosted on Acast. See acast.com/privacy for more information.

Nick Bilton (@nickbilton) is a special correspondent for Vanity Fair, a contributor to CNBC, a former columnist for The New York Times, and author of American Kingpin: The Epic Hunt for the Criminal Mastermind Behind the Silk Road. [Note: This is a previously broadcast episode from the vault that we felt deserved a fresh pass through your earholes!]

What We Discuss with Nick Bilton:

• How does a merit badge-bedecked Eagle Scout become the head of a thriving online black market worth a billion dollars?
• What are the costs of maintaining a double life?
• What’s the real reason Silk Road mastermind Ross Ulbricht was caught?
• What is Nick Bilton’s unique research process for covering a story like this?
• Is everyone susceptible to the level of Ross Ulbricht’s mix of ambition, hubris, and self-deception, or does it require a certain personality type?
• And much more...

Full show notes and resources can be found here: jordanharbinger.com/764

Sign up for Six-Minute Networking — our free networking and relationship development mini course — at jordanharbinger.com/course!

Miss our two-parter with Bridgewater Associates founder and world-famous investor Ray Dalio? Start catching up with episode 389: Ray Dalio | Principles of an Investing Pioneer Part One here!

Like this show? Please leave us a review here — even one sentence helps! Consider including your Twitter handle so we can thank you personally!

2022 has seen numerous crypto disasters, most notably FTX. Also the price of most coins has tumbled massively. One coin that's done fine is the stablecoin Tether, which is interesting, because its had so many naysayers for so long. There are even hedge funds who have bet on its implosion. But what is Tether? How does it work? And where does it come from? On this episode of the podcast, we speak with Bennett Tomlin, co-host of the Crypto Critics' Corner podcast, who has an encyclopedic knowledge about the company. He walks us through what we know about the entity, and its relationship with other entities in crypto.

See omnystudio.com/listener for privacy information.

J+M start the show with some BREAKING NEWS: Slack CEO Stewart Butterfield is leaving Salesforce! (5:09) Then, they cover Circle canceling its SPAC (26:06), SBF's interactions with regulators and the media (40:29), and a Startup of the Day! (57:50)

(0:00) Molly tees up today's news topics!

(1:48) J+M catch up from the weekend

(5:09) BREAKING: Slack Founder and CEO Stewart Butterfield is leaving Salesforce two years after the Slack acquisition was announced

(12:49) Mixpanel - Apply for $50K in credits at https://mixpanel.com/startups 

(14:14) Is this a Salesforce issue or a Slack issue? Is Salesforce's Co-CEO leaving last week just a coincidence?

(24:43) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist

(26:06) Circle cancels its SPAC over missed regulatory deadlines

(39:11) Fitbod - Get 25% off at https://fitbod.me/twist 

(40:29) SBF and Maxine Waters, Semafor's potential illicit funds from SBF

(57:50) Startup of the Day! Loft Dynamics is building a VR helicopter flight simulator for ~95% cheaper than traditional simulators

FOLLOW Jason: https://linktr.ee/calacanis

FOLLOW Molly: https://twitter.com/mollywood

Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1

The Democrats keep the Senate, Jeff Bezos gives his Courage and Civility $100M award to Dolly Parton and Grammy Award-winning rapper Nas talks about his album "King's Disease III."

See omnystudio.com/listener for privacy information.

Monday! First up, J+M go down the rabbit hole on Tesla AI Day, what impact some form of general AI might have on the world, and more! (2:09) Then, the duo covers the SEC charging Kim Kardashian for unlawfully promoting a token (35:29), before wrapping with the SCOTUS announcing they will hear two cases regarding Section 230. (59:05)

(0:00) J+M tee up Monday's topics!

(2:09) J+M open with some thoughts on Tesla's AI Day

(11:48) Notion - Sign up for FREE at https://notion.com/twist 

(13:21) What could the advancement of AI do for creating businesses and humanity as a whole?

(24:24) SnackMagic - Get 10% cashback up to $1000 until October 15th with code HOLIDAY, and see more at snackmagic.com/twist

(25:50) Examples of what impact general AI might have on the future, Tesla's AI advantage

(34:15) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist

(35:29) SEC charges Kim Kardashian with unlawfully promoting crypto token

(59:05) SCOTUS will hear two cases regarding Section 230, how algorithms play into the publisher vs. platform debate

FOLLOW Jason: https://linktr.ee/calacanis

FOLLOW Molly: https://twitter.com/mollywood

Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1

J+M break down the British pound dropping below $1.04 (5:15), Interpol issuing a red notice for Do Kwon (27:07), NASA's DART mission (53:52), and TikTok discussing an agreement with the Biden administration! (59:44)

(0:00) J+M tee up today's topics!

(2:48) Importance of focus, avoiding the news cycle in the grand scheme of things

(5:15) British pound crashes to lowest level ever against the USD

(13:15) Indochino - Get $50 off any purchase of $399 or more by using code TWIST at checkout https://www.indochino.com

(14:38) Breaking housing and energy in the economy, income inequality's impact globally

(25:34) Grammarly - Sign up for a free and get 20% Grammarly Premium at https://grammarly.com/TWIST

(27:07) Interpol issues red notice for Do Kwon on behalf of South Korea

(35:39) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist 

(36:54) Do Kwon tweeting on the lamb, more theories around where he might head to

(47:15) New decentralized crypto derivatives platform Nibiru raises a $7.5M seed at a $100M valuation

(53:52) WLITF: NASA's DART mission and planetary defense

(59:44) The Biden administration drafted a preliminary agreement with TikTok to try and resolve national security concerns

FOLLOW Jason: https://linktr.ee/calacanis

FOLLOW Molly: https://twitter.com/mollywood

Subscribe to our YouTube to watch all full episodes:

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