Dalio Says “Bitcoin Over Bonds” – Bad News For 5/26/21

Dalio Says “Bitcoin Over Bonds” – Bad News For 5/26/21

Dalio Says “Bitcoin Over Bonds” – Bad News For 5/26/21

Another Bitcoin critic has seen the light as Billionaire Ray Dalio has stated he prefers Bitcoin over bonds. Hey, we’ll take it. The US Treasury is calling for stricter cryptocurrency compliance with the IRS. And Elon Musk says he won’t sell his Dogecoin. 

Around the world, China is doing what China does. Canada is doing what Canada does.  And Iran is doing what Iran does.  So what are they doing?  We’ll fill you in on all the stuff and some of the things lightly seasoned with laughter, making this episode just shy of unlistenable,  on our bad news episode #516 of The Bad Crypto Podcast.

SHOW SPONSORS

 

AnyTask.comThe AnyTaskTM Platform, a freelance marketplace, is the only place that allows freelancers to sell digital Tasks and earn ETN, Electroneum Ltd’s cryptocurrency; alleviating the need for a bank account and with no fees for Sellers.

Are you an artist, illustrator, designer, or animator? AnyTask.com is looking for artists like you to join their new NFT category. NFTs are digital assets that represent a variety of unique items, including digital art – which is where you come in. You don’t need to have any technical knowledge at all, your skills as an artist are exactly what the AnyTaskTM Platform are looking for to grow this category and meet the demands of Buyers.

The ETN-Network has gained widespread adoption as a mobile-first payment solution for global eCommerce applications and over the last three years has attracted more than 4 million users worldwide.

 

 

Gala Games is here to fundamentally redefine both the gaming and blockchain spaces. The first game released by Gala Games, Town Star, is a deceptively simple-looking but incredibly deep farming simulation in which the user builds a farm to compete in weekly competitions. At various places, NFTs can be used in the game to provide bonuses but are not required to play, have fun, or compete.

Mirandus, the MMORPG/Adventure Simulator currently under development by Gala Games is working to completely redefine both the game development pipeline, as well as the gameplay model by putting the power in the hands of the players and giving them ultimate control over the in-game economy. There is a LOT more coming for Gala Games node holders, so make sure to keep in touch, watch the Discord (http://galagames.chat) and get ready for more interesting news! Follow Gala Games on Twitter, Facebook, or Instagram (@GoGalaGames)

Join us: https://gala.games/badcrypto/

 

In the world of crypto, it can be hard to know what information is good, and what is just useless and not needed for the regular everyday investor. With so many wallets, exchanges, apps, and platforms it’s tough to know where to turn to for a trusted solution. That's where Ledger comes in. Ledger makes your experience navigating the crypto waters easy. 

Ledger is the gateway for all crypto services that you might need: buying, selling, exchanging. Now you can grow your assets how you want to from one app! The Ledger hardware wallet combined with the Ledger app enables you to securely and truly own your crypto and gives you the comfort of managing it all in one place! 

You know what they say, not your keys, not your crypto!

Save 20% off Ledger Nano S with the code BADCRYPTO20 (Limited quantities & only 1 per customer)

Grab your Ledger at http://badco.in/ledger

These are volatile times for Bitcoin but we end the week only a touch below its starting position, with the price around $39,000. Some analysts see the occasional peeks over $40,000, a decline in funds sent to exchanges, and a fall in the network value-to-transaction signal as signs that the sell-off has ended. Wall Street is still trying to figure it all out.

Goldman Sachs is persuaded. Mathew McDermott, Goldman Sachs’ global head of digital assets, now regards Bitcoin as an investable asset. Ray Dalio, the billionaire hedge fund manager, agrees. He says he’d rather buy Bitcoin than bonds. And the US Treasury now regards cryptocurrency as something the tax authorities really need to watch more closely. It wants any transfer worth more than $10,000 to be reported to the IRS.

That won’t affect users of BlockFi. The crypto lending platform intended to give away bonuses in a USD stablecoin. Instead, it handed out Bitcoin. It gave away about $29 million. As the company tries to grab its money back, users are struggling to make withdrawals.

It also won’t affect Elon Musk. Despite Tesla’s U-turn on Bitcoin payments, he says he won’t sell any Dogecoin. In fact, it’s possible that he just bought some more. A Doge whale with a holding of $15 billion just added 420.69 more Doge to their collection.

But despite the obvious joke, that purchase might not be Elon Musk’s. A report by the Economist Intelligence Unit describes how acceptance of digital currencies grew generally during the Covid-19 pandemic.

That acceptance continues, though not uniformly. The state of Nebraska can now issue charters for crypto banks. But China is now rolling out new penalties for people caught mining cryptocurrencies in Inner Mongolia. Iran has banned mining until September 22 to try to stave off electricity blackouts. The UK’s Advertising Standards Authority, which regulates ads in the country, has banned a campaign by cryptocurrency exchange Luno. The calls to buy Bitcoin, the authority said, were misleading and irresponsible. And in Canada, regulators have accused Poloniex of failing to comply with securities laws. Jed McCaleb, Ripple’s former CTO and co-founder, also appears to now have a negative view of his cryptocurrency. He’s sold 275 million XRP since early May.

But Apple, at least, is positive. The company has posted a job ad that requires at least five years’ experience with digital wallets and cryptocurrency. And as cryptocurrency moves with Apple into the mainstream, it’s also raising some mainstream problems. Lawyers now have to track down secret wallets during divorce proceedings. They might want to watch CoinTelegraph’s new documentary. It looks at the history of cryptography.

In the world of NFTs Gamestop appears to be launching a new NFT project using Ethereum, and wallet company Lohko has launched gold-backed NFTs with attached carbon offsets. Find out more on the Nifty Show every Tuesday.

ARTICLES MENTIONED IN THE SHOW:

CoinTelegraph — Should personal privacy be limited for the sake of public safety? Find out the roots of this conflict in our upcoming documentary on the History of Cryptography. Save the date: 28 May 1 PM EST. Watch the teaser: https://www.youtube.com/watch?v=TuH14lUjyZo

LISTENER FEEDBACK:

Comments from Last Weeks Bad News — badco.in/514

MartinI was listening to this episode on headphones while cycling home yesterday and was laughing so hard, I got stopped by the police and had to explain why I’m cycling and laughing loudly (not to mention the stares of other cyclists). Thanks, guys!



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All Things Binance with CZ

All Things Binance with CZ

How does one manage when you are the biggest crypto exchange in the world? I’m sure it’s not too difficult for Changpeng Zhao, the CEO and founder of Binance. Quickly becoming a behemoth of the blockchain world, CZ is launching new products and services, gobbling up acquisitions and finding ways to explore philanthropy.

Our exclusive interview with CZ covers a lot of ground, including what’s next for Binance. Let’s bounce to the other side of the world and visit Chyna for this Yuge episode #411 of The Bad Crypto Podcast.

This is the best episode we’ve ever done. I can assure you that. Everyone knows it.

Ways to connect with Bad Crypto

This episode is sponsored by: MOBIE Money has existed for thousands of years progressing from shells to precious metals and minted coins to paper money. But the transfer of modern money is slow and expensive for both merchants and consumers — particularly across borders. Now payments are going mobile. That’s why the MobiePay™ ecosystem consists of three core applications that let users spend or send money and digital currency worldwide from their mobile phone in seconds — even if they don’t have a bank account. Mobie supports cashback programs on purchases with MobieCoin™ as an integrated reward and payment token connecting all fiat & major cryptocurrencies directly to the global retail marketplace — so everyone in the Mobie™ ecosystem is part of the world's most rewarding loyalty program. Mobiepay.io

Feature: CZ

Co-founder & CEO of Binance

Changpeng Zhao (Chinese: 赵长鹏) is a Chinese-Canadian business executive, who is the founder and CEO of Binance, the world’s largest cryptocurrency exchange by trading volume, as of April 2018. Zhao was previously a member of the team that developed Blockchain.info and also served as chief technology officer of OKCoin.

Update on Binance.Charity #CryptoAgainstCovid ⇒ https://www.binance.charity/



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Blockchain Rising Stars of ETH Denver

Blockchain Rising Stars of ETH Denver

The only thing we enjoy more than doing this podcast for you is when we get to do our show live and share it with you. There’s nothing like the spontaneity and unpredictability of a live show before an audience.

While at ETHDenver in my hometown last month, we were invited to take the stage and host a panel packed with blockchain rising stars. Each of the individuals who joined us are pioneering a place in the blockchain ecosystem, and our conversations were worth eavesdropping on.

So come hang out with us and our guests on stage at ETH Denver for episode #377 of The Bad Crypto Podcast.

Ways to connect with Bad Crypto

THIS EPISODE IS SPONSORED BY: Upland Upland is a location-based property trading game paired with a decentralized economy. Players buy, sell, trade and develop virtual properties that are based on real-world addresses. Blockchain technology ensures true ownership for the players. Uplanders collect in-game currency called UPX as a reward for their ownership and for completing missions in the game (collections, treasure hunts,...). UPX can be used to purchase more properties, to develop land and to pay for digital goods and services other Uplanders will create and provide. The objective is to establish an open economy where various stakeholders interact/transact with each other directly, i.e. without intermediaries. Check them out: Upland.me

This episode is sponsored by: MOBIE Money has existed for thousands of years progressing from shells to precious metals and minted coins to paper money. But the transfer of modern money is slow and expensive for both merchants and consumers — particularly across borders. Now payments are going mobile. That’s why the MobiePay™ ecosystem consists of three core applications that let users spend or send money and digital currency worldwide from their mobile phone in seconds — even if they don’t have a bank account. Mobie supports cashback programs on purchases with MobieCoin™ as an integrated reward and payment token connecting all fiat & major cryptocurrencies directly to the global retail marketplace — so everyone in the Mobie™ ecosystem is part of the world's most rewarding loyalty program. Mobiepay.io

ETH DENVER

Austin Griffith https://twitter.com/austingriffith

Austin Griffith was a “Rising Star” at ETHDenver 2018 and will be your “guest co-host” for the set. He’ll be adding color, asking questions, cracking jokes and having fun along with Joel and Travis.

 

Patricio Worthalter- POAP

Kickstarter at the Proof of Attendance Protocol

https://www.linkedin.com/in/worthalter/

 

Billy Luedtke

Billy first got involved in the blockchain space in late 2012 as a small-time GPU miner, and immediately latched onto Ethereum in March of 2014 upon first hearing about it. He has been obsessed ever since, helping found the blockchain consulting practice at E&Y and later joining ConsenSys. At ConsenSys, Billy has served as the Enterprise Lead for uPort, a Solution Architect in ConsenSys Solutions, co-chair of the EEA’s Digital Identity Working Group, and founder of RAPID – a small R&D group focused on the development of quick and dirty prototypes to help prove concepts. More recently, Billy became one of the founding members of the ConsenSys Dev Rel team whose goal is to help grow the Ethereum ecosystem to One Million Developers and beyond.

 

Claim your NFT at badco.in/eth



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Trading Advertising Futures on a Blockchain

Trading Advertising Futures on a Blockchain

Imagine a stock exchange that traded futures in advertising instead of stocks. Well, with smart contracts and advertising technologies the ad world is evolving. Transparency and magical internet money shows this supply chain of blockchain goodness.

Today we welcome Richard Bush of Nyiax to the show to discuss how their tools help publishers and advertisers negotiate, secure and manage their ad campaigns with transparency and confidence.

We’ve also got some EOS Voice News, but that’s a different podcast. Welcome to our Blockchain CMO edition episode #365 of The Bad Crypto Podcast.

Ways to connect with Bad Crypto

This Episode is Sponsored by: DIVI

Divi is a cryptocurrency app that makes it easy to earn, transact, and store cryptocurrency. Divi is the first cryptocurrency ecosystem powered by masternodes that can be installed in one click. With Divi's MOCCI (Masternode One-Click Cloud Installer), users can begin earning cryptocurrency at the click of a button, without the arduous setup process. The network's Smart Wallet enables users to easily store and transact their earned cryptocurrency with the luxury of a simple, intuitive interface. Divi was created by The Divi Project: a team committed to reducing the friction tax of cryptocurrency through UX and UI.

This episode is sponsored by: MOBIE Money has existed for thousands of years progressing from shells to precious metals and minted coins to paper money. But the transfer of modern money is slow and expensive for both merchants and consumers — particularly across borders. Now payments are going mobile. That’s why the MobiePay™ ecosystem consists of three core applications that let users spend or send money and digital currency worldwide from their mobile phone in seconds — even if they don’t have a bank account. Mobie supports cashback programs on purchases with MobieCoin™ as an integrated reward and payment token connecting all fiat & major cryptocurrencies directly to the global retail marketplace — so everyone in the Mobie™ ecosystem is part of the world's most rewarding loyalty program. Mobiepay.io

Feature: NYIAX

Richard Bush, NYIAX

Since 1996, I have been working in the computing and internet related industries, in this time I have gained a high level of expertise in a good number of fields, All areas involved in the development of commercial websites, relationship management, Product/Project management, marketing technology and consultancy. Strong communication and interpersonal skills with the ability to build and sustain relationships across all levels

My professional goal is to conceive and develop a new technology/idea that positively influences people online.

Always interested in connecting with people that can share in this.

A proven record of growth for companies entering US market. Forward thinker in product strategy, a veteran of the advertising technology industry, long standing relations with industry bodies, experience with most aspects of a technology business, including Product, Biz/Corp Dev, Services and General Management, in the US, Canada, Latin America, Asia and Europe. Originally from the United Kingdom with working status within the US.

LINKS:

https://www.nyiax.com/

https://www.linkedin.com/in/richardbush/

Blockchainifying the World’s Largest Media Companies with Blockgraph

Blockchainifying the World’s Largest Media Companies with Blockgraph

Blockchain and data go together like peas and carrots. When you think of all the industries that require their data to be secured, the list goes on and on. In this episode, we’ve got a special Blockchain CMO segment featuring Jason Manningham, the General Manager at Blockgraph.

Helping the world’s largest TV and media companies control, connect, and safely activate their data at scale is no small task. Travis and Donny Dvorin of Never Stop Marketing dive deep into how blockchain technology allows for the fast and seamless transfer of data in a protected way.

Blockchainifying all the things until there are no more things left to blockchainfy, we’re glad you’re here for episode #349 of The Bad Crypto Podcast.

Ways to connect with Bad Crypto

This episode is sponsored by: MOBIE Money has existed for thousands of years progressing from shells to precious metals and minted coins to paper money. But the transfer of modern money is slow and expensive for both merchants and consumers — particularly across borders. Now payments are going mobile. That’s why the MobiePay™ ecosystem consists of three core applications that let users spend or send money and digital currency worldwide from their mobile phone in seconds — even if they don’t have a bank account. Mobie supports cashback programs on purchases with MobieCoin™ as an integrated reward and payment token connecting all fiat & major cryptocurrencies directly to the global retail marketplace — so everyone in the Mobie™ ecosystem is part of the world's most rewarding loyalty program. Mobiepay.io

Feature: Jason Manningham

Jason Manningham

https://www.blockgraph.co/

In this second episode of Blockchain CMO we meet with Jason Manningham, General Manager at Blockgraph.  Blockchain CMO is a podcast is for marketers curious about how new technologies like blockchain & AI can impact and transform the industry.

Jason’s career spans Accenture, MTV, and AOL.  Now Jason heads up Blockgraph which helps the world’s largest TV and media companies control, connect, and safely activate their data at scale.   We dive deep into how blockchain technology allows for the fast and seamless transfer of data in a protected way. We also discuss what it’s like working for a startup within a large organization as Blockgraph is part of Comcast’s Freewheel division.



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