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Initialized Capital Founder & Managing Partner Garry Tan joins Yahoo Finance's Akiko Fujita to discuss Bitcoin’s volatile weekend after falling about 43% from its recent peak, plus a look at investors concerns regarding investing in crypto.
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
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📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
🛒 20% Binance Discount 👉 https://guy.coinbureau.com/binance/
👕 "Bitcoin Evolution" Shirt 👉 https://store.coinbureau.com
🔥 My Insider Telegram 👉 https://t.me/cbinsider
~~~~~
📺Essential Videos📺
How The Internet Computer Works 👉 https://youtu.be/zHl-oVPoX88
Threshold Relay Explained 👉 https://youtu.be/vVLRRYh3JYo
Chain Key Technology Explained 👉 https://youtu.be/vUcDRFC09J0
Network Nervous System Explained 👉 https://youtu.be/hWnsluxmRqc
Binance Walkthrough 👉 https://www.youtube.com/watch?v=YzJ6x...
~~~~~
- TIMESTAMPS -
0:00 Intro
1:38 What is The Internet Computer?
4:52 How Does it Work?
7:38 The Network Nervous System
9:40 ICP Tokenomics: ICO
11:26 ICP Tokenomics: Use Cases
14:27 ICP Price Analysis
17:25 Internet Computer Roadmap
18:54 Is it A Crypto Project?
21:52 Conclusion
~~~~~
⛓️ 🔗 Useful Links 🔗 ⛓️
► Dfinity Foundation Team: https://dfinity.org/foundation/#team
► The Internet Computer’s Previous Milestones: https://medium.com/dfinity/the-intern...
► Dfinity Foundation Open Source Policy: https://github.com/dfinity/ic#open-so...
► Internet Identity App: https://identity.ic0.app/
► Neural Network System Governance Powers: https://sdk.dfinity.org/docs/develope...
► ICP Tokenomics: https://medium.com/dfinity/the-intern...
► ICP Vesting For Early Buyers: https://medium.com/dfinity/how-to-acc...
► Internet Computer Data Center Explorer: https://www.dfinityexplorer.org/#/dat...
► Dominic Williams Internet Computer Roadmap Medium Post: https://medium.com/dfinity/announcing...
► Endorphin Mobile Phone OS By The Dfinity Foundation: https://medium.com/dfinity/plans-for-...
~~~~~
💻What Is The Internet Computer?💻
When the Internet Computer was founded, it was known as Dfinity, and it sought to take Ethereum’s world computer idea to the next level by becoming, well, the internet computer
The interesting thing about the Internet Computer is that unlike other smart contract cryptocurrencies, the Internet Computer aims to replace the entire internet stack, not just the application layer
⛓How Does The Internet Computer Work?⛓
Users do not need to pay any fees when interacting with canister applications unless it’s something that requires transactions like a decentralized exchange or lending
Another major difference between the Internet Computer and other cryptocurrency blockchains is that you require something called an Internet Identity to interact with applications on the internet computer
⚖The Network Nervous System⚖
The internet computer’s architecture of data centers, nodes, subnets, canisters and users is managed by the Internet Computer’s Network Nervous System or NNS
What’s interesting is that the NNS itself consists of a handful of canisters running on a dedicated subnet
💰 ICP Tokenomics: ICO💰
ICP has an initial supply just short of 470 million tokens and a decreasing inflation rate that starts at 10% per year. About 25% of these tokens were sold to early retail investors
🛠ICP Tokenomics: Use Cases🛠
The ICP token is used for three things: Governance of the Internet Computer via the NNS, to pay for fees to run applications and websites on the Internet Computer, and to reward network participants
📈ICP Price Analysis📉
ICP has slowly been shedding dollars and took a nasty beating when the crypto market experienced that flash crash a few days ago. This will likely continue as there are not many demand drivers for ICP
📅The Internet Computer Roadmap📅
In January this year, Internet Computer founder Dominic Williams detailed a 20-year roadmap for the project. By 2040, the Internet Computer hopes to be larger than the regular internet
Achieving this on computers is only half the battle, which is why the Dfinity Foundation recently announced its plans for Endorphin, a new operating system for smartphones currently in development
🤔Is The Internet Computer Really A Crypto Project?🤔
The Internet Computer appears to be quite centralized – the Dfinity Foundation hosts the NNS, provides the ‘standardized hardware’ required to run nodes, and seems to have most of the voting power
~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Dfinity #ICP #crypto-
Francisco Gimeno - BC Analyst Take a strong look at this project. Unfortunately its launching has been half forgotten by the latest crypto crash. But this is a very strong project, with a well defined and thought white paper responding to a good use case. This is not a meme coin project or one of many projects with no relevant use case. Check it and let us know what you think.
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Senator Amy Klobuchar is leading a crusade against big-tech giants such as Apple, Amazon, Microsoft, Facebook and Google. These companies dominate the S&P 500 and wield a huge amount of influence. Should they be broken up? Read more here: https://econ.st/3bK8w1U
00:00 - Problems with big tech
01:07 - The effect of business monopolies
02:28 - How to rein in big tech firms
04:45 - Could regulation harm consumers?
06:45 - Epic Games v Apple
08:48 - Are lawsuits effective?
10:12 - Trump ban from social media
Sign up to our newsletter to keep up to date with our latest coverage: https://econ.st/3hDWdHZ
Listen to more episodes of The Economist Asks podcast on Acast: https://econ.st/3hEosXc
Find all of The Economist’s podcasts: https://econ.st/3hDb1a8
How the rules of the tech game are changing: https://econ.st/3wo0eVr
The World in 2021: Reining in the technology giants will take time: https://econ.st/3yoIfj9
America and Europe are clamping down on big tech: https://econ.st/2T12Km2
Apple may win the court battle with Epic Games, but lose a regulatory war: https://econ.st/3fwcQTo
Google, antitrust and how best to regulate big tech: https://econ.st/3ft2mnY
What more should antitrust be doing? https://econ.st/3whP5VT
Martin Chavez on how to regulate big tech like big banks: https://econ.st/2Rt2L1u-
Francisco Gimeno - BC Analyst With the crypto crisis we tend to forget the real battle happening at the disruption bringing the 4th IR, which is the relationship between Big Tech, Data handling, regulatory wars, banking system changes, and political and social turmoil. This is the first time on history we can together change the way we do things to make a better world.
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~~~~~
- TIMESTAMPS -
0:00 Intro
2:41 Global Crypto Tax
5:22 Vanuatu
8:13 Costa Rica
9:58 Puerto Rico
11:46 Portugal
13:54 Malaysia
16:08 Dubai
17:54 Malta
19:22 Switzerland
20:22 Singapore
21:32 Bermuda
23:01 Final Thoughts
~~~~~
⛓️ 🔗 Useful Links 🔗 ⛓️
► Vanuatu tax: https://www.lowtax.net/information/va...
► Get Vanuatu residency: https://nomadcapitalist.com/2015/07/1...
► Costa Rica tax: https://www.globalpropertyguide.com/L...
► Puerto Rico tax: https://www.taxesforexpats.com/expat-...
► Portugal tax: https://www.globalcitizensolutions.co...
► Portugal golden visa: https://www.globalcitizensolutions.co...
► Malaysia tax: https://wandererswealth.com/crypto-fr...
► Malaysia Mm2h visa: https://www.malaysia.gov.my/portal/co...
► Dubai tax: https://www.dubai.com/blog/dubai-tax-...
► Malta tax: https://wandererswealth.com/crypto-fr...
► Maltese visa: https://www.alleybe.com/index.php/bec...
► Swiss residency: https://newresidency.com/residency/sw...
► Singapore tax: https://wandererswealth.com/crypto-fr...
► Bermuda tax: https://wandererswealth.com/crypto-fr...
► Lambo dealership locator: https://www.lamborghini.com/en-en/dea...
~~~~~
🌎 Global Crypto Tax 🌎
You need to know that tax rules around the world differ from country to country and it’s not as easy as just popping onto a plane and offloading all that crypto for tax-free gains.
However, as a general rule of thumb, if you are a non-resident individual, for a certain period of time, you usually won’t be liable for capital gains tax and income tax generated overseas.
🇻🇺 Vanuatu 🇻🇺
This archipelago is home to zero percent capital gains tax rates. Yes, those amazing tax benefits sound great. However, if you are not into nature then there is frankly little to do here. Also, as everything is imported, the cost of living isn’t as cheap as you might think.
🇨🇷 Costa Rica 🇨🇷
This is yet another location with no capital gains tax. That means you can trade crypto to your heart's content here and avoid that taxman. Costa Rica is also the most biodiverse place on the planet; a massive plus for nature lovers.
🇵🇷 Puerto Rico 🇵🇷
This one is for US citizens. Here there is 0% capital gains tax. However, if you want to stay, you’ll need to buy a property within two years of residency. That requirement has sent property prices skyrocketing, which means this isn’t the cheapest long-term option out there.
🇵🇹 Portugal 🇵🇹
This EU country doesn’t have any crypto related taxes. It’s got vibrant nightlife, great weather and an affordable cost of living. What more do you want?
🇲🇾 Malaysia 🇲🇾
Unless you are running a crypto trading business, you won’t be paying tax on those crypto gains. Malaysia also turns out to be a relatively safe place to live and the cost of living is only around $2.5k a month. There is also a ton to do in the capital KL.
🇦🇪 Dubai 🇦🇪
There is no tax here whatsoever. It’s also a bit of a playground for the wealthy too - perfect for those crypto go-getters.
🇲🇹 Malta 🇲🇹
This is a place for the hodlers. Day traders are taxed at 35%.
🇨🇭 Switzerland 🇨🇭
There are no capital gains taxes here for individuals. However, Switzerland is one of the most expensive places in the world to live.
🇸🇬 Singapore 🇸🇬
This country has 0% capital gains tax. The problem is that it’s tricky to get residency, which may rule this great city out for the majority of people.
🇧🇲 Bermuda 🇧🇲
There are no crypto taxes here whatsoever. The downside is that the population is only around 60,000 people, meaning there is little to do here except chill on a beach with mountains of cash.
~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensedh financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.-
Francisco Gimeno - BC Analyst Digital economy has no borders. However, most crypto holders discover they have to pay taxes (of course!) and in some countries this can be very painful. So, if you are one of them, this video has the perfect information to avoid to pay as much as possible, with the usual caveats (which you can see in the video itself). Enjoy it.
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The world economy is in a precarious state, and the US economic problems are at the heart of the world's fears. At the center of the US economic problems is a weakening dollar, and today’s guest reminds us that all assets are in a bubble.
Harry Dent is a best-selling author and one of the most outspoken financial editors in America. He predicts “the biggest crash ever” and will most likely hit by the end of June, if not sooner.
“Fake earnings, fake GDP, fake interest rates and super-high valuations” make for an increasingly untenable situation, he warns. The expanding market bubble has been building since 2008. But the Federal Reserve keeps averting the next huge crisis by continuously “printing money.”
Listen as Harry Dent reveals his predictions for the price of Bitcoin, real estate, and commodities like gold and silver.
Host Robert Kiyosaki and Kim Kiyosaki and guest Harry Dent discuss what Harry calls the “biggest crash ever” and what you can do to prepare for it.
Attention: BITCOIN CRASHING! Good news. Buy coins that outperform Bitcoin for pennies. Stop whining and take ACTION. Here’s my FREE Crypto Ebook to help, take care: https://study.richdad.com/dc-free-offer
Interested in Rich Dad's Crypto Newsletter? Click here to start your education NOW: https://www.richdad.com/rich-dads-cry...
- Robert Kiyosaki
Learn about Harry Dent: www.harrydent.com
https://www.richdad.com/-
Francisco Gimeno - BC Analyst Are you depressed by the crypto dip? Then get more bad news. Harry Dent foresees not just an economic turmoil but a full crash and crisis, where crypto as an asset will participate too. We live in a strong time of uncertainty, so we don't have to wait for this to come. We need to be prepared, fully working in the creation of the 4th IR, to survive the disruption. What do you think?
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In this episode of “The Breakdown,” NLW looks at the market structure dimension of the crypto crash, leveraging insights from Alameda Research, Willy Woo and many more. He explores:
Why the recent bull run was driven by derivatives more than by spot trading How crypto moving onto exchanges signaled the big move down How cascading liquidations made the down moves even more extreme What the industry thinks about 100x leverage Insider reports on how institutional investors responded CoinStack newsletter referenced in the show: https://coinstack.substack.com/-
Francisco Gimeno - BC Analyst Excellent trade market's structure analysis of crypto. Of course, there are already tens of narratives about it, but from this point of view, the explanation is clear, about the leverage traders pushing the dip to the extreme causing a strong correction. Whether you are a retail trader or a company, these videos help a lot to understand everything.
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Join us at the largest event in the emerging world of digital finance. Speakers include Ray Dalio, Caitling Long, Jamson Lopp, and more. May 24th -27th.
“The Hash” team digs into the evolving world of crypto media in light of a recent scoop from Axios that shows Coinbase is planning to launch its own media arm.-
Francisco Gimeno - BC Analyst There is a lot of blockchain and crypto media, but not many reaching wide audiences. Coinbase initiative is going to be very interesting to see. They will, among other things, drive their own narratives, and create more awareness, if well done. In a digital economy the way you announce yourself and sell your narrative is crucial. This is fascinating.
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Wedbush Securities managing director Dan Ives discusses another selloff in the cryptocurrency market after China reiterated a warning that it intends to crack down on crypto mining as part of an effort to control financial risks. He also believes Tesla Inc. may need to sell more portions of their Bitcoin investment. Ives speaks to Emily Chang on "Bloomberg Technology."
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Francisco Gimeno - BC Analyst If a month ago we were talking only mostly about NFTs and DeFi, now it's time again for BTC. It seems that every time China speaks, BTC crashes. This happened time after time, but we don't know if this one will be the definitive one. The market is totally unstable now as we write this. whether you are a Hodler or a maximalist or not, be careful out there.
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Register here for Consensus: https://www.coindesk.com/events/conse... .
Join us at the largest event in the emerging world of digital finance. Speakers include Ray Dalio, Caitling Long, Jamson Lopp, and more. May 24th -27th.
The total global cryptocurrency market cap bounces back and is flirting around $1.8 trillion. Experts tell Forkast.News that bitcoin is acting as a "safe haven" for the market, and ether's long-term potential may be more attractive for some. Over in Hong Kong, Art Basel is back in town after taking a year off due to the COVID-19 pandemic as Sotheby’s eyes millennial spenders for its next NFT auction. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."-
Francisco Gimeno - BC Analyst The role of BTC as the leading crypto is strong yet despite the strong correction. Whatever happens in the market in the next days won't change that by now. Only if a Crypto.2 appears this would be a possibility. Meanwhile DeFi platforms and NFTs solutions continue to be strong, even with the crypto's prices mess.
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Register here for Consensus: https://www.coindesk.com/events/conse... .
Join us at the largest event in the emerging world of digital finance. Speakers include Ray Dalio, Caitling Long, Jamson Lopp, and more. May 24th -27th.
In this episode of “Community Crypto,” we go to Africa to explore the continent's adoption of cryptocurrencies and what this innovation means to the African diaspora. Host Isaiah Jackson speaks with BTCKing, LLC CEO Dee Duncan who joins us from Ghana and Sinclair Skinner of BillMari based in Zimbabwe.
Register here for Consensus: https://www.coindesk.com/events/conse... .-
Francisco Gimeno - BC Analyst African Diaspora is using the digital economy as a tool of freedom and empowerment, not only for the easiness of sending remittances to the continent, but also by building fintech in Africa as a way of building an innovative and inclusive for all's financial and good governance's environment, radically disrupting the whole landscape.
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Bitcoin Foundation Chairman Brock Pierce says investors should ‘buy the dip’ when it comes to Bitcoin and discusses how Elon Musk and China have influenced the cryptocurrency market. #FOXBusiness
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Francisco Gimeno - BC Analyst Reading social media and watching the news on crypto lately is like going deep in an universe full of conflicting narratives, from those foreseeing the demise of crypto to those dismissing everything happening now as a misstep. One thing is clear, though, and more important than a Tweet: China, for many reasons (a geostrategic one being very important) is able to influence BTC. Is it maybe a warning of the things to come in a digital financial Cold War?
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Register here for Consensus: https://www.coindesk.com/events/conse... .
Join us at the largest event in the emerging world of digital finance. Speakers include Ray Dalio, Caitling Long, Jamson Lopp, and more. May 24th -27th.
Register here for Consensus: https://www.coindesk.com/events/conse... .
Join us at the largest event in the emerging world of digital finance. Speakers include Ray Dalio, Caitling Long, Jamson Lopp, and more. May 24th -27th.
As the crypto markets suffer broad losses, Coin Toss zooms in on the Dogecoin (DOGE) craze and what the meme coin means to supporters. We discuss all things DOGE with the 33-year-old investor known as "The Dogecoin Millionaire" to get his perspective and gain a better understanding of the Dogecoin worldview.
"Coin Toss," hosted by CoinDesk's Adam B. Levine, sets the stage for a debate between guests with opposing views on policy and regulation, technology, privacy and data integrity, fraud and crime and more.-
Francisco Gimeno - BC Analyst More weirdness on the waves. A meme coin millionaire, his opinions and his support. If you were confused why a memecoin had that success, watch this. We don't promise you will be enlightened, though! One thing we can learn, is that sometimes, being at the exact time and the exact place, brings some profit. If you don't try, you won't get it.
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If you didn't know this, you've been fooled by the government... Lyn offers some clarity about what is really going down with the dollar and how it has been losing it's value without even causing any political uproar! Enjoy!
🙌My 2nd Channel for more Investing: https://www.youtube.com/channel/UCkFy...-
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Gareth Soloway, InTheMoneyStocks.com President & CFO, joins Yahoo Finance's Kristin Myers and to discuss moves in the cryptocurrency market.
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
https://youtu.be/gx-OzwHpM9k
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At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
About Yahoo Finance Premium: With a subscription to Yahoo Finance Premium, get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
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U.S. Securities and Exchange Commission (SEC) chief Gary Gensler said Thursday federal financial regulators should “be ready to bring cases” against bad actors in crypto and other emerging technologies. “The Hash” team weighs in.
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Register here for Consensus: https://www.coindesk.com/events/conse... .
Join us at the largest event in the emerging world of digital finance. Speakers include Ray Dalio, Caitling Long, Jamson Lopp, and more. May 24th -27th.
Register here for Consensus: https://www.coindesk.com/events/conse... .
Join us at the largest event in the emerging world of digital finance. Speakers include Ray Dalio, Caitling Long, Jamson Lopp, and more. May 24th -27th.
The most important topics in the crypto and blockchain discussions come to the forefront as this year's Consensus by Coindesk virtual conference kicks off on Monday. Our "First Mover" hosts highlight the keynotes and sessions that they and much of the crypto world will be watching, including presentations by Ray Dalio of Bridgewater Associates, Dr. Lael Brainard of the Federal Reserve, Former Treasury Secretary Lawrence Summers and ARK Invest's Cathie Wood. Also, Joining us today to discuss the latest markets and business news: Bittrex Interim CEO Stephen Stonberg, QCP Capital CEO Darius Sit, and a special appearance by Danny Green of the Philadelphia 76ers with his NFT story.
Register here for Consensus: https://www.coindesk.com/events/conse... .
Join us at the largest event in the emerging world of digital finance. Speakers include Ray Dalio, Caitling Long, Jamson Lopp, and more. May 24th -27th.
"First Mover," CoinDesk TV's flagship show, gives investors the top global market, business and regulatory news stories impacting digital assets. Hosted by CoinDesk's Christine Lee, Lawrence Lewitinn and Emily Parker, "First Mover" features daily dispatches from CoinDesk reporters and partners around the world and high-profile guests including top newsmakers, influencers, analysts, traders and trend watchers at crypto exchanges.-
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Troy Gayeski, Skybridge Co-CIO joins the Yahoo Finance's Zack Guzman and Akiko Fujita to discuss bitcoin and China.
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
https://youtu.be/gx-OzwHpM9k
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
About Yahoo Finance Premium: With a subscription to Yahoo Finance Premium, get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Premium please visit: https://yhoo.it/33jXYBp-
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Michael Saylor, chairman and CEO of MicroStrategy, joins "Squawk on the Street" to discuss the volatility of bitcoin and his outlook for the cryptocurrency market. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-n...-
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Ron Insana, CNBC senior analyst and commentator, Schroders North America senior advisor, and CNBC's Kate Rooney join 'Power Lunch' to discuss the volatility in cryptocurrency. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: https://cnb.cx/2BT2E7y
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The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-n...-
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Bitcoin crashes again after China calls for a crackdown on mining and trading. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Steve Grasso, James McDonald and Nadine Terman.
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In one of the bloodiest days in recent crypto history, NLW looks at the reasons behind the wild market crash and explores whether it means an end to the bull market. As part of this, he explores five different categories of fear, uncertainty and doubt (FUD):
Elon energy FUD Resurgent tether FUD China ban FUD Used for crime FUD Regulatory FUD -- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id... Spotify: https://open.spotify.com/show/538vuul... Google: https://podcasts.google.com/feed/aHR0... Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW The Breakdown is produced and distributed by CoinDesk.comSHOW LESS-
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With news that the People’s Bank of China is curtailing Bitcoin in financial transactions in China, as well as tweets from Elon Musk that spooked the cryptocurrency market, investors have questioned the “store of value” moniker attached to the world’s largest digital coin.
Robert Breedlove, founder & CEO of Parallax Digital, is overlooking recent volatility to maintain his long-term bullish stance and explained that volatility is a natural function of price discovery.
Breedlove told Michelle Makori, editor-in-chief of Kitco News, that over the next 10 years, Bitcoin will climb to $12.5 million in nominal terms, which would be $1 million in inflation-adjusted, 2021 terms.
0:00 - Bitcoin's volatility
3:18 - $12.5 million price target
7:40 - Can Bitcoin still be store of value?
15:00 - $300k by October
17:16 - Central banks vs. Bitcoin
23:33 - Crackdowns on Bitcoin
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The Next Crash Will Be Worse - Lyn Alden | Lyn's Economy Outlook
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It's a bad day for Bunny whales. A hacker used PancakeSwap to manipulate the DeFi Bunny market, causing it to crash by 95%. "The Hash" panel discusses what attacks like this mean for both new and old investors.
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Francisco Gimeno - BC Analyst DeFi for beginners sound real weird. Bunnies, whales, animal and vegetable names. It seems childish but actually it's a very serious business, and a dangerous one due to its high risk investments. This hacking has happened because of the nature of the platforms. With enough leverage anyone can get fast loans from one DeFi platform, use them to pump and dump tokens from another one, and get a nice benefit. As easy as that. Not fun at all.
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Elon Musk coined the term Hyperloop back in 2013 when he released his vision for a fifth mode of transport. Since then, engineers around the world have been working to make his idea a reality sooner than you might think. Virgin Hyperloop has successfully tested the technology with human passengers and in Europe, Hardt Hyperloop is working on the technology and international coalition building needed to create entire Hyperloop networks. On this episode of Accelerate, we’ll look at how one Hyperloop track could take passengers from San Francisco to Los Angeles in a half hour, and how Hyperloop networks could redefine the economies of entire continents.
#Hyperloop #Accelerate #BloombergQuicktake
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Francisco Gimeno - BC Analyst Hyperloop is just the beginning of a huge disruption on how to understand transport, urbanisation, work conditions, even market logistics. Whether it's successful long term or not, it marks a change on the way we live, as the car and plane radically changed the Globe, as many other avenues open from here.
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