Can you imagine what your life would look like if you didn't have a home? For millions of Americans, this isn't something they need to imagine, because this is the reality they live in. Ever since health crisis' restrictions were put into place - triggering the widespread shutdown of U.S. businesses - unemployment rates have soared. In fact, America has seen an unemployment rate higher than at any time in the country’s history, including the Great Depression. As a multitude of workers started to struggle with job loss, many of them simply became unable to afford rent or mortgage payments. Millions are still at the brink of eviction, while others already lost their homes.
At this point, as the number of people without a home rapidly rose across the country, it has been hard to keep track of the real rate of homelessness. Recent estimates suggest that there are at least 1.5 million homeless people in the U.S., and over the past 12 months, even with the CDC's moratorium, that number never ceased to grow. While the wealthy engage in fierce bidding wars, pay over a million dollars above the asking price for a home, and purchase entire neighborhoods for a quick profit, affordable housing has become impossible to find. Rents have been ticking up too. And all of that is contributing to force more and more impoverished Americans into the streets with each passing day. What we're seeing in 2021 is rapidly becoming a crisis of epic proportions.
Believe it or not, this crisis is more severe in the wealthiest state of the nation. California’s homeless problem has been out of control for decades, but things have significantly worsened after the health crisis began. Approximately 160,000 homeless people currently live in the state, but many believe that the official figure is way too low. Even though California alone is known as an economic superpower, its high cost of living, lack of affordable housing, scattershot efforts with too many agencies, too much red tape, and the lack of a clear direction have all made tackling homelessness in the state even harder. However, the homelessness crisis is growing all over the country. What many Americans are failing to realize is that the reality of those who live in the streets right now is not so far away from those who live paycheck-to-paycheck. Sometimes, all it takes is one unexpected event to push a person straight into poverty.
With rich investors buying entire neighborhoods to transform them into rental units so that they can charge exceedingly high rent prices, and, on the other hand, low-income workers are effectively losing the opportunity to ever own a home due to this extremely competitive housing market, we're headed to a future where only those who can afford to pay expensive rents will have a roof over their heads. In case something happens and you lose your income, you might end up in the streets just as well. In about two weeks, the nationwide eviction moratorium will expire, and economists have been warning that millions more Americans could soon be forced out of their homes, in what they called an "eviction tsunami".
At least 5.7 million Americans, which represent almost 14% of all renters nationwide, had fallen behind on their rent in April. A study released by the National Equity Atlas exposed that tenants owed approximately $20 billion in rent, with low-income people among those worst affected. By May, over 40% of the 7 million tenants behind on rent at the time worried that they could be evicted in the next two months, according to the US Treasury. It's safe to say that now, the rate of tenants behind on rent payments is far greater.
This crisis is leaving a dark trail all over the nation. And even though some may argue that the government stimulus money may be helping these people, the truth is that the vast majority of the trillions that have been borrowed and spent over the past year were pumped into the financial system and never actually reached those who needed the most. Our leaders have managed to make life much harder for these people as inflation pressures have sent the price of everything up, and those at the very bottom of the economic food chain have been particularly hard-hit by rising prices. At this stage, it doesn't matter what politicians in Washington do, the homelessness crisis in the U.S. just seems to keep escalating. Millions of American citizens will sleep on the streets tonight, and many more will soon be joining them.SHOW LESS

Spain – a great place to vacation? Yes. A great place to invest? Not so fast.
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A Chinese city with abundant hydropower is said to have begun a sweeping clampdown on crypto mining firms this week. A Ya’an government official has told at least one Bitcoin miner that the city has promised to root out all Bitcoin and Ether mining operations with a year, according to a person with knowledge of the situation. Tom Mackenzie reports on "Bloomberg Daybreak: Australia."

Bitcoin is looking a little calmer today. But the question is when will the roller-coaster ride continue again?
Two months ago, the crypto-currency was worth nearly 65,000 dollars, the highest it's ever trade since being founding over a decade ago. But it's now back below 40,000. That’s around 40 percent less than where it was trading in mid-April. Critics say it's speculative and investors should stay away especially because of its volatility. The virtual currency has been on a wild ride. Its more recent highs and lows subject to the whims of entrepreneur, Elon Musk, whose support or criticism of Bitcoin can drive up the price or send it tumbling.

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The non-illegal use cases of Bitcoin have not grown, in fact, they have declined in recent years, said Peter Berezin, chief global strategist at BCA Research.

Berezin told David Lin, anchor for Kitco News that Bitcoin is more likely to be a “fraud” than the future of legitimate investment.

“If you look at transactions involving Bitcoin, to this day, the majority continue to finance all sorts of illicit activities,” Berezin said. “But if you look at how much Bitcoin is used for legitimate business purposes, the answer is very, very little. In fact, some of the data that I showed during this debate with my colleague reveal that fewer transactions for legitimate business purchases are being made now than three years ago.”

0:00 - Bitcoin's use case
5:35 - Bitcoin vs. gold
7:10 - Meme stocks
11:26 - Gold as investment

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Welcome to The Daily Forkast - June 17th, 2021 - for all the latest in blockchain & crypto news. I'm Angie Lau. Let's get you up to speed, from Asia to the world. On today's show: More Korean exchange regulations, Brave Girls launch a comeback NFT & blockchain powered air quality sensors for HK.

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Timings:

0:00 Intro & 'Coming Up'
0:25 More FSC Korea Exchange Regulations
3:12 Market Rundown (BTC, ETH, UNI)
1:44 Blockchain Air Quality Sensor For HK
3:31 'Brave Girls' K-Pop NFT Launch

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#DailyForkast #CryptoNews #BlockchainNews #Crypto #ForkastNews #CryptoMarket #BraveGirls #KPop #AirQuality #MarketRundown

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ABOUT FORKAST.NEWS

Forkast.News covers blockchain, DLT, cryptocurrency and other emerging technologies in a way that anyone can understand. We help you bridge the gap between the blockchain industry and the mainstream.

From NFTs to enterprise blockchain platforms, smart contracts to altcoins, Bitcoin to DeFI and beyond; Forkast’s blend of insight, analysis & daily blockchain news keeps you on the cutting edge of the digital asset revolution and the wider digital economy it both supports and disrupts.

ABOUT ANGIE LAU

Angie Lau is editor-in-chief, CEO & founder of Forkast.News and host of ‘The Daily Forkast’. She is an award-winning veteran journalist, a respected thought leader in blockchain technology and a speaker at conferences around the world including the Forbes Summit, Binance Blockchain Week, Paris Blockchain Week Summit and the Asia Blockchain Summit.

Before founding Forkast in July 2018, Angie anchored Bloomberg TV’s flagship morning show “First Up with Angie Lau” broadcast globally into 350 million homes, offices and trading floors. Angie’s TED Talk “I Am Not Supposed to Be Here” is now a TED-Ed lesson for its global audience of 6.7 million followers.

Mark Cuban says he took a hit from a cryptocurrency token crash. The iron titanium token, also known as titan, plummeted from more than $60 Wednesday to a fraction above zero Thursday morning. CNBC's Jim Cramer and Scott Wapner discuss. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: https://cnb.cx/2BT2E7y

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In mid-May 2021, billionaire Elon Musk sent a tweet that crashed the cryptocurrency market. The Tesla CEO announced the electric vehicle company would no longer accept bitcoin for purchases due to its huge energy consumption. So why does crypto-mining use so much electricity, and is there a sustainable alternative? CNBC's Nessa Anwar is joined by Ryan Browne to explain.

Contents of this video:
0:00 - Intro
0:34 - What makes crypto different?
1:19 - Why was crypto-mining introduced?
1:49 - How does crypto-mining work?
2:19 - The big problem with crypto-mining
3:23 - How much energy does Bitcoin use?
4:17 - Is it just Bitcoin with these issues?
4:35 - Bitcoin's biggest mining countries
5:04 - Bitcoin blackouts
5:20 - Governments hit back at miners
5:46 - The benefits of crypto
6:00 - Crypto vs online banking
6:55 - Ethereum's plan to lower energy use
7:40 - Is crypto-mining worth it?

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Fox Entertainment reveals it's putting $100 million behind "Krapopolis," the "first-ever animated series curated entirely on the Blockchain" in collaboration with Dan Harmon, the creator of "Rick and Morty." "The Hash" hosts discuss what's in store for the future of Fox's NFT business and the world of crypto in mainstream media.

2020 was the most chaotic, tough and utterly unpredictable year in recent memory - and it also brought a decade's worth of technological and societal change in the span of just 12 months. My own life went from 300 flights per year and 100 events to 100% digital show in less than 3 months:) See more here https://www.futuristgerd.com/expertis...

Some good things got even better (like working from home) and some bad things got even worse (such as inequality) - but not much stayed the same. What can we expect for 2021, and beyond? Amidst massive geopolitical shifts (a recovering / pivoting USA, a budding 'United States of Europe', and even more powerful and even more difficult to read China), a pandemic that has yet to be fully addressed and eradicated, and global concerns about the crisis' impact on the economy, I explain what I foresee for the coming year and years to come.

"We are not going back to normal!" And 'Normal' wasn't good enough to begin with.
Covid19 is a trial-run for climate change.

Join me as I explore what the future may hold, what questions still need to be answered, and what it all means for organizations, individuals, and governments.
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Mixing human + animal DNA and the future of gene editing
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As the material that makes all living things what/who we are, DNA is the key to understanding and changing the world. British geneticist Bryan Sykes and Francis Collins, director of the Human Genome Project, explain how, through gene editing, scientists can better treat illnesses, eradicate diseases, and revolutionize personalized medicine.

But existing and developing gene editing technologies are not without controversies. A major point of debate deals with the idea that gene editing is overstepping natural and ethical boundaries. Just because they can, does that mean that scientists should edit DNA?

Harvard professor Glenn Cohen introduces another subcategory of gene experiments: mixing human and animal DNA. "The question is which are okay, which are not okay, why can we generate some principles," Cohen says of human-animal chimeras and arguments concerning improving human life versus morality.
----------------------------------------------------------------------------------
TRANSCRIPT:

0:00 Intro
0:41 Bryan Sykes, What We Need to Know About Genes
3:24 Francis Collins, Linking Genes to Disease
8:39 Glenn Cohen, Crossing Human Genes With Animals

BRYAN SYKES: Genetics and DNA does get to the central issue of what makes us tick. It's perhaps too determinist to say that your genes determine everything you do. They don't, but, if you like, it's like the deck of cards that you're dealt at birth. What you do with that deck, like any card game, depends a lot on your choices, but it is influenced by those cards, those genes that you got when you were born.

What I've enjoyed about genetics is looking to see what it tells us about where we've come from because those pieces of DNA, they came from somewhere. They weren't just sort of plucked out of the air. They came from ancestors. And it's a very good way of finding out about your ancestors, not only who they are, but just imagining their lives. You're made up of DNA from thousands and millions of ancestors who've lived in the past, most of them now dead, but they've survived, they've got through, they've passed their DNA onto their children, and it's come down to you. It doesn't matter who you are. You could be the President. You could be the Prime Minister. You could be the head of a big corporation. You could be a taxi driver. You could be someone who lives on the street. But the same is true of everybody. I can see a time, long after I've gone but when, in fact, everyone will know their relationship to everybody else. It is possible, if anybody wants to do it or can afford it, you could actually, I think, draw the family tree of the entire world by linking up the segments of DNA. So you could find out in what way everyone was related to everybody else.

No doubt, most of the funding for the advances in genetics, for example, the complete sequencing of the human genome, has come from ambition to learn more about health issues. The technology for exploring that, which is making leaps and bounds, has come through the healthcare benefits. Those are the two main things that people are learning about themselves and who they're related to, where they've come from. And that does, and I know from experience, that does add a lot to people's sense of identity. It's not for everybody, not everyone's very interested in it, but a lot of people are and I think that's a very good thing.

FRANCIS COLLINS: It's too bad that you can't actually see DNA easily under a microscope and scan across the double-helix and read out of the sequence of bases that amounts to the information content because it would be easier, I think, to explain then how a geneticist goes about tracking down the molecular bases of a disease at the DNA level. Our methods are indirect. They're very powerful, they're very highly accurate, but they're not as visual as you might like. We do have methods though now that allow you to read out with high accuracy all 3 billion of the letters of the DNA instruction book. Those letters are actually these chemical bases. The chemical language of DNA is a simple one. There's only four letters in the alphabet. Those bases that we abbreviate, A, C, G, and T. And we have methods of being able to compare then the DNA sequence of people who have a disease versus people who don't and look for the critical differences in order to nail down something that might be the cause. Well, since, however, we all differ in our DNA sequence by about a half of 1%, you wouldn't get very far if you basically...

To read the full transcript, please visit https://bigthink.com/the-future-of-ge...

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Wrapping your mind around your life is pretty hard, because you are up to your neck in it. It's like trying to understand the ocean while learning how to swim. On most days you are busy just keeping your head above water. So it is not easy to figure out what to do with your life and how to spend your time.

There are a million distractions. Your family, friends and romantic partners, boring work, and exciting projects. Video games to play and books to read. And then there is your couch that somebody needs to lie on. It’s easy to get lost. So let us take a step back and take a look at your life from the outside.

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The science of sex, love, attraction, and obsession | Big Think
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----------------------------------------------------------------------------------
How love makes us feel can only be defined on an individual basis, but what it does to the body, specifically the brain, is now less abstract thanks to science.

One of the problems with early-stage attraction, according to anthropologist Helen Fisher, is that it activates parts of the brain that are linked to drive, craving, obsession, and motivation, while other regions that deal with decision-making shut down.

Dr. Fisher, professor Ted Fischer, and psychiatrist Gail Saltz explain the different types of love, explore the neuroscience of love and attraction, and share tips for sustaining relationships that are healthy and mutually beneficial.
----------------------------------------------------------------------------------
TIMESTAMPS:

0:00 Intro
0:32 Ted Fischer on love versus lust
0:56 Gail Saltz talks love and neurotransmitters
4:39 Helen Fisher on how love shuts down decision-making parts of our brains
8:15 Saltz on the science of a “good partner”
10:18 Helen Fisher on the importance of sex and romance for the brain and your relationship
----------------------------------------------------------------------------------
TRANSCRIPT:

During romantic or passionate love, you're gonna feel the sense of being addicted to your partner.

People who are madly in love can fall madly in love with somebody who's married, who lives on the other side of the planet, who comes from a different religion. And somehow, they'll say to themselves, we'll work it out, we can work this out. Because of all that energy of intense romantic love.

Over time, as this whole neurotransmitter thing settles out, what's left?

TED FISCHER: We define romantic love as an intense desire for another, with the expectation that it's gonna persist into the future. And that distinguishes it from lust, which is generally fleeting, and also for more companionship love, which doesn't have that intensity of desire, that you want to possess the other in some way.

GAIL SALTZ: Studies have looked at activity in the brain when recalling passionate or romantic love, versus say maternal love, and finds that different centers definitely are more active. And they would, say, put people into the functional MRI, and they said, think about your partner, or think about your lover. And certain areas lit up, or they said, think about your mom, and different areas lit up. Which is important, because different areas are responsible for the release of different neurotransmitters. Which then come to affect your future feeling states and future behaviors. During romantic or passionate love, what happens from a neurotransmitter standpoint, those chemicals that are released when you have that particular experience? Dopamine goes up. Dopamine is essentially the neurotransmitter of reward. So it is a neurotransmitter that's released when you have new or novel experience, but particularly experiences that are reinforcing. Like gambling. Or something that is really addictive. In fact, literally addictive. It's the neurotransmitter if you snorted cocaine that is most responsible for, wow, that was great, and I totally wanna do it again. So that is a neurotransmitter that definitely goes up when you are in the throes of romantic or passionate love. And what does that mean for you? It means that you're gonna feel the sense of being addicted to your partner. And in fact, it's also the neurotransmitter that goes up for people who have obsessive compulsive disorder. Does that mean you're gonna develop OCD? No. But what it does mean is you're probably going to obsess over your partner. In comes another neurotransmitter, that's called serotonin. It is definitely a neurotransmitter that is active for obsessive compulsive disorder. And for depression. Do you become depressed? No, you really don't. But what you do do is a feature of depression called rumination. So you think about your partner over and over and over again in this really obsessive manner. And, if your partner is separated from you, you're going to have this longing, where you're wanting to be with them, kind of like you'd want to be with a drug if it was taken away from you and you were already addicted to it.

There are changes in other neurotransmitters as well. So if you're physically with your partner, the neurotransmitter oxytocin, which is kind of known as the cuddle neurotransmitter, and that makes you feel warm, and snuggly, and intensely bonded to this person. It is particularly released following orgasm. So, you know, if you're having sex with your partner, and things go well, you're gonna feel very...

To read the full transcript, please visit https://bigthink.com/videos/the-scien...

Director Jeff Orlowski discusses "The Social Dilemma", a documentary-drama hybrid about the human impact of social networking.

Jeff Orlowski is the director, producer, and cinematographer of the award-winning films "Chasing Coral" and "Chasing Ice". "Chasing Coral" received the US Documentary Audience Award at Sundance in 2017. "Chasing Ice" received the Documentary Cinematography award at Sundance in 2012 and was nominated for an Academy Award for Best Original Song. Both films were shortlisted for an Academy Award for Best Documentary, screened at Congress and the United Nations, and have garnered awards and accolades from film festivals around the globe. Jeff founded Exposure Labs, a production company dedicated to impact through film. His latest film, "The Social Dilemma", had its world premiere at the 2020 Sundance Film Festival and is now featured on Netflix.

For more information on Jeff, please visit: http://www.jefforlowski.com/.

Watch the movie here: https://www.netflix.com/title/81254224.

And what that tells us about the pandemic.

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Like any virus, SARS-CoV-2 has been mutating constantly since the beginning of the pandemic. Until November of 2020, though, that didn’t seem to matter. That’s when scientists in the United Kingdom noticed an alarming change: The virus had mutated in a way that made it more transmissible. Within a month, similar reports were emerging from places around the world. Suddenly, it seemed the virus was changing at an alarming rate.

SARS-CoV-2 hasn’t actually been mutating faster, though. Instead, by letting it spread around the world, we’ve just given it more and more opportunities to mutate as it replicates. The result is that, after countless random mutations, there are signs that the virus is beginning to adapt to our natural defenses. And because it’s completely normal for a virus to change over time, we shouldn’t expect it to stop. The only real way to stop those changes is to stop giving the virus so many opportunities.

Read more coverage from Vox on Covid-19 variants:
https://www.vox.com/science-and-healt...
https://www.vox.com/22385588/covid-19...
https://www.vox.com/22298973/covid-19...

Unemployment claims dropped again Thursday, and this week may also bring a clearer picture of what's happening with the job market. As more Americans get vaccinated, workers and companies are figuring out what post-pandemic work life will look like -- and how it may change permanently. NewsHour's Paul Solman has the story as part of his series, "Making Sense."

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Slack Technologies Inc. chief people officer Nadia Rawlinson discusses the company's 'digital-first' approach to remote work flexibility. She says companies that are forcing workers to return to the office may lose good employees and find themselves at a disadvantage when recruiting talent. Rawlinson also says being open to remote work has allowed Slack to find more underrepresented talent and become more inclusive. She speaks with Emily Chang on "Bloomberg Technology."

This is part 2 of the full interview. Watch part 1 here: https://youtu.be/rUzdaq5VuRQ

At a recent Senate Banking Committee hearing, Senator Elizabeth Warren (Dem., Massachusetts) said that “cryptocurrencies have created opportunities to scam investors, assist criminals, and worsen the climate crisis.”

Alex Mashinksy, CEO of Celsius Network (https://twitter.com/Mashinsky) discusses with Michelle Makori, editor-in-chief of Kitco News (https://twitter.com/MichelleMakori) why Senator Warren is focused on the wrong issues.

Follow Michelle Makori on Twitter @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Alex Mashinsky on Twitter @Mashinsky (https://twitter.com/Mashinsky)

0:00 - Celsius Network
14:20 - Insurance against hacking
15:35 - Sen. Warren's remarks on Bitcoin
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Social crypto network Bitclout is now listed on Blockchain.com. Shaun Maguire, Sequoia Capital Partner, joins 'Tech Check' to discuss the decision to back the social network, what makes it different from other social networks and the future of crypto. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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In mid-May 2021, billionaire Elon Musk sent a tweet that crashed the cryptocurrency market. The Tesla CEO announced the electric vehicle company would no longer accept bitcoin for purchases due to its huge energy consumption. So why does crypto-mining use so much electricity, and is there a sustainable alternative? CNBC's Nessa Anwar is joined by Ryan Browne to explain.

Goldman Sachs team warns that Bitcoin is a failure for retail investors.

Jonathan Golub, Credit Suisse chief U.S. equity strategist, on getting ready for tomorrow's Fed meeting. With CNBC's Courtney Reagan and the Fast Money traders, Guy Adami, Dan Nathan, Tim Seymour and Karen Finerman.

Goldman Sachs has concluded that in a new report for its clients, cryptocurrencies are "not a viable investment" for diversified portfolios, but didn't Goldman Sachs just relaunch its crypto trading desk in March? "The Hash" team explores what may be going on with the investment banking company's inconsistent sentiments around digital assets.

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~~~~~

📺Essential Videos📺

How To Reduce Cryptocurrency Tax 👉 https://youtu.be/EMNSwa_PkkA
Ethereum Price Potential Analysis 👉 https://youtu.be/iWKEKffFz6I
Ripple Lawsuit Latest Updates 👉 https://youtu.be/ByrCArBCJk4
Solana And Serum Explained 👉 https://youtu.be/PA1kA5yT1Ac

~~~~~

- TIMESTAMPS -
0:00 Intro
1:45 Richest People In Crypto
4:13 Sixth Richest
6:56 Fifth Richest
9:01 Fourth Richest
11:21 Third Richest
13:20 Second Richest
16:43 The Richest Person In Crypto
19:26 Conclusion

~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► Bitcoin Tulip Trust Explained: https://coingeek.com/what-is-the-tuli...
► Tim Draper Buys Silk Road Bitcoin: https://cointelegraph.com/news/feds-s...
► Max Keiser Bitcoin Holdings: https://www.reddit.com/r/CryptoCurren...
► Vitalik’s Largest Ethereum Wallet Address: https://etherscan.io/address/0x220866...
► SEC Suit Showing Chris Larsen XRP Holdings: https://static1.squarespace.com/stati...
► Sam Bankman Fried Japan USA Bitcoin Arbitrage Trade: https://www.businessinsider.com/crypt...
► Changpeng Zhao Interview: https://www.bloomberg.com/news/featur...
► BNB Supply Distribution: https://messari.io/asset/binance-coin...

~~~~~

🕵️‍♂‍Who Is The Richest Person In Crypto?🕵️‍♂‍

Figuring out who the richest people in cryptocurrency actually are is much easier said than done, and this is for a few reasons

First, there are lots of unknown whales that hold tens of billions of dollars in high market cap cryptocurrencies

Second, there are many cryptocurrency billionaires who hold most of their wealth in non-crypto assets, and that arguably disqualifies them from being a true crypto billionaire

6️⃣Sixth Richest Person In Crypto6️⃣

Two crypto billionaires seem to be tied for sixth place, and these are Tim Draper and Max Keiser. Tim holds at least 1 billion dollars in Bitcoin alone, and Max Keiser likely holds a similar amount

5️⃣Fifth Richest Person In Crypto5️⃣

The fifth biggest crypto billionaire is none other than Ethereum founder Vitalik Buterin, who currently holds more than 334k ETH

Vitalik also holds hundreds of millions of dollars in Bitcoin and other altcoins, which gives him an approximate crypto net worth of 1.5 billion

4️⃣Fourth Richest Person In Crypto4️⃣

The fourth biggest crypto billionaires are the Winklevoss twins, with each twin holding between 2-3 billion dollars in cryptocurrency, mostly Bitcoin

3️⃣Third Richest Person In Crypto3️⃣

The third biggest crypto billionaire is Ripple co-founder Chris Larsen who holds anywhere between 5.2 and 7.8 billion XRP. This corresponds to 5 and 7.8 billion dollars at XRP’s current price of 1 dollar

2️⃣Second Richest Person In Crypto2️⃣

The second biggest crypto billionaire is Sam Bankman-Friend, founder of Alameda Research and the FTX cryptocurrency exchange

Although Sam’s exact cryptocurrency holdings are not known, I estimate them to total anywhere between 5 and 10 billion dollars

This is primarily because of the team allocations of FTX’s FTT token and the Serum DEX’s SRM token which have fully diluted market caps in the tens of billions of dollars

🤑The Richest Person In Crypto🤑

The richest person in cryptocurrency seems to be Binance founder Changpeng Zhao. This might come as a surprise if you look up CZ ‘official’ net worth, which is listed at around 2 billion dollars

However, CZ’s history of going all in on Biitcoin and his allocation of BNB’s initial supply suggest that his net worth is much higher and could be as much as 15 billion dollars

~~~~~

📜 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.

Jill Carlson, Slow Ventures, and Avichal Garg, Electric Capital co-founder, join 'Squawk on the Street' to discuss crypto's second week of net outflows and whether crypto has returned to bull market territory. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

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This is part 1 of 2 of the full interview

Steve Hanke, professor of Applied Economics at Johns Hopkins University (https://twitter.com/steve_hanke) discussed the practicality of actually using Bitcoin as legal tender in a country like El Salvador with David Lin, anchor for Kitco News (https://twitter.com/davidlin_TV).

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Steve Hanke on Twitter: @steve_hanke (https://twitter.com/steve_hanke)

0:00 - Why Bitcoin will collapse El Salvador's economy
4:37 – Sending Bitcoin
7:06 – Will other countries legalize Bitcoin?
8:20 – Bitcoin’s fundamental value

__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

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Ric Edelman, Edelman Financial Engines Founder joins Yahoo Finance's Zack Guzman and to discuss the latest with the crypto market.
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
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Bitcoin's price after Tesla CEO Elon Musk said the electric car company would resume accepting bitcoin for payments once it can be mined with at least 50% green energy. "The Hash" panel reacts.