WEBVTT 00:00:14.849 --> 00:00:17.969 Welcome to the Bitcoin Street Journal. Bitcoin 00:00:17.969 --> 00:00:20.989 Market Update Podcast, your daily source for 00:00:20.989 --> 00:00:24.010 live updates on the Bitcoin market. Join us as 00:00:24.010 --> 00:00:25.969 we delve into current Bitcoin technical analysis, 00:00:26.449 --> 00:00:29.929 track Bitcoin BTC prices, explore market capitalization 00:00:29.929 --> 00:00:32.850 trends, and analyze market supply. Stay ahead 00:00:32.850 --> 00:00:34.570 of the curve with our comprehensive coverage 00:00:34.570 --> 00:00:37.570 of the ever -evolving world of Bitcoin. In today's 00:00:37.570 --> 00:00:40.049 episode, we'll cover Adam Back's bet on BTC, 00:00:40.590 --> 00:00:43.229 the Lugano Plan BTC music video collaboration, 00:00:43.679 --> 00:00:46.140 Orange Pill Jam Project's performance at Plan 00:00:46.140 --> 00:00:49.299 BTC Forum, the discovery of a Satoshi license 00:00:49.299 --> 00:00:52.179 plate in Colorado, analysis of Bitcoin growth 00:00:52.179 --> 00:00:55.299 in Prague, Ethereum's association with cybercriminal 00:00:55.299 --> 00:00:57.880 activity, the upcoming keychain Lightning Network 00:00:57.880 --> 00:01:01.340 ATM, Matterlab's denial of plagiarism accusations, 00:01:01.920 --> 00:01:04.400 BlockFi's approved disclosure statement, S .I 00:01:04.400 --> 00:01:07.269 .B.'s pumps and Bitcoin stagnation. The debate 00:01:07.269 --> 00:01:09.489 between NFT tickets and traditional tickets, 00:01:09.730 --> 00:01:12.349 crypto supporters as potential presidents, BlackBerry 00:01:12.349 --> 00:01:14.609 stopping crypto attacks, US Congress voting on 00:01:14.609 --> 00:01:16.950 crypto bills, Bitcoin's price squeeze and cheapest 00:01:16.950 --> 00:01:20.980 day to buy it, the cost to mine one BTC. Coinbase's 00:01:20.980 --> 00:01:24.060 comparison of crypto to baseball cards, FTX's 00:01:24.060 --> 00:01:27.480 CEO's plans to revive the non -US exchange, the 00:01:27.480 --> 00:01:30.560 potential reach of AI investments, a man's loss 00:01:30.560 --> 00:01:34.140 of $9 million in a crypto scam, Hanwei Chang's 00:01:34.140 --> 00:01:36.799 bot strategy for earning premium, the surge of 00:01:36.799 --> 00:01:40.719 LK99 coins, Huobi's denial of insolvency rumors, 00:01:41.219 --> 00:01:44.079 feuds in the Web3 community, the recently announced 00:01:44.079 --> 00:01:46.939 Curve Bounty program, the rise in maker -stable 00:01:46.939 --> 00:01:49.870 coin deposits, the all time high of the Bitcoin 00:01:49.870 --> 00:01:53.390 holder metric, the debt spiral leading to hyperinflation, 00:01:53.930 --> 00:01:56.469 the sponsorship of podcasts by Nostra's apps, 00:01:56.489 --> 00:01:59.090 and the paradigm shift in podcasting brought 00:01:59.090 --> 00:02:05.489 by value for value podcasts. So let's talk about 00:02:05.489 --> 00:02:07.409 some interesting news in the world of Bitcoin 00:02:07.409 --> 00:02:09.789 and cryptocurrency. There's a lot happening and 00:02:09.789 --> 00:02:13.069 it's getting pretty exciting. First off, we have 00:02:13.069 --> 00:02:15.889 the news about Adam Back, the renowned cypherpunk 00:02:15.889 --> 00:02:18.979 and CEO of Blockstream. It seems that Adam is 00:02:18.979 --> 00:02:21.680 quite bullish on Bitcoin's future. In fact, he's 00:02:21.680 --> 00:02:24.319 so confident that he has made a bet of 1 million 00:02:24.319 --> 00:02:27.580 SATs, short for Satoshis, the smallest unit of 00:02:27.580 --> 00:02:31.300 Bitcoin, on Bitcoin reaching $100 ,000 per Bitcoin 00:02:31.300 --> 00:02:35.139 before March 31, 2024. That's quite a bold move. 00:02:35.539 --> 00:02:37.719 And if he's right, that could mean some serious 00:02:37.719 --> 00:02:39.800 gains for Bitcoin holders. We'll have to wait 00:02:39.800 --> 00:02:42.310 and see how that plays out. Moving on to some 00:02:42.310 --> 00:02:44.650 musical news in the Bitcoin space, we have the 00:02:44.650 --> 00:02:47.370 Lugano Plan BTC music video in collaboration 00:02:47.370 --> 00:02:50.050 with the Orange Pill Jam project. This sounds 00:02:50.050 --> 00:02:52.789 really exciting. Not only will they be releasing 00:02:52.789 --> 00:02:55.330 a music video, but the Orange Pill Jam project 00:02:55.330 --> 00:02:58.090 will also be performing live at the Plan BTC 00:02:58.090 --> 00:03:01.550 forum on October 20th and 21st. If you're a fan 00:03:01.550 --> 00:03:04.150 of Bitcoin and music, this is definitely an event 00:03:04.150 --> 00:03:06.449 you don't want to miss. Get your tickets soon! 00:03:07.530 --> 00:03:09.349 Speaking of events, it seems that Bitcoin is 00:03:09.349 --> 00:03:11.460 gaining more and more attention. There's even 00:03:11.460 --> 00:03:13.659 a Satoshi license plate that was spotted in Colorado. 00:03:14.280 --> 00:03:16.740 Now that's cool. It just goes to show how passionate 00:03:16.740 --> 00:03:19.520 people are about Bitcoin and its creator, Satoshi 00:03:19.520 --> 00:03:22.419 Nakamoto. It's like a little nod of appreciation 00:03:22.419 --> 00:03:25.560 to the genius behind it all. Now let's dive into 00:03:25.560 --> 00:03:28.400 some insightful analysis. A Bitcoin analyst at 00:03:28.400 --> 00:03:30.639 Trezor recently explained Bitcoin's growth on 00:03:30.639 --> 00:03:34.180 CNBC. According to him, the Austrian School of 00:03:34.180 --> 00:03:36.460 Economics is very compatible with Bitcoin adoption. 00:03:37.080 --> 00:03:39.240 One of the key ideas from this school of thought 00:03:39.240 --> 00:03:41.560 is the call for a separation of money and state. 00:03:42.219 --> 00:03:44.280 This aligns well with the decentralized nature 00:03:44.280 --> 00:03:46.719 of Bitcoin and its ability to operate outside 00:03:46.719 --> 00:03:50.039 of traditional financial systems. It's fascinating 00:03:50.039 --> 00:03:52.180 to see how different economic theories and Bitcoin 00:03:52.180 --> 00:03:54.819 intersect. In the world of cryptocurrencies, 00:03:55.300 --> 00:03:57.240 Ethereum has been making waves for quite some 00:03:57.240 --> 00:04:00.039 time. However, it seems that it's not all roses 00:04:00.039 --> 00:04:03.240 for this blockchain platform. an academic paper 00:04:03.240 --> 00:04:06.180 has investigated how Ethereum is a criminal's 00:04:06.180 --> 00:04:08.979 first choice for cybercrime. According to the 00:04:08.979 --> 00:04:12.180 research, they have identified over 1 .78 million 00:04:12.180 --> 00:04:14.620 transactions linked to cybercrime on the Ethereum 00:04:14.620 --> 00:04:18.360 blockchain, with a staggering amount of $1 .65 00:04:18.360 --> 00:04:21.959 billion lost. This raises some serious concerns 00:04:21.959 --> 00:04:24.240 about the security and trustworthiness of the 00:04:24.240 --> 00:04:26.980 platform. but it also highlights the importance 00:04:26.980 --> 00:04:29.800 of ongoing efforts to improve blockchain security 00:04:29.800 --> 00:04:32.819 and prevent criminal activities. Now let's take 00:04:32.819 --> 00:04:34.899 a moment to appreciate the fun side of Bitcoin. 00:04:35.500 --> 00:04:38.139 Sometimes it's just like that, you know? A meme 00:04:38.139 --> 00:04:40.579 or a light -hearted comment can perfectly capture 00:04:40.579 --> 00:04:42.759 the essence of Bitcoin in the crypto community. 00:04:43.620 --> 00:04:45.879 It's a reminder that amidst all the technical 00:04:45.879 --> 00:04:48.600 intricacies, there's also a sense of humor that 00:04:48.600 --> 00:04:52.300 keeps things entertaining. And finally, we have 00:04:52.300 --> 00:04:54.839 some exciting news for Lightning Network enthusiasts. 00:04:55.620 --> 00:04:58.300 A keychain Lightning Network ATM is coming soon 00:04:58.300 --> 00:05:00.819 to the Geyser Fund. The Lightning Network has 00:05:00.819 --> 00:05:03.319 been gaining traction as a solution for faster 00:05:03.319 --> 00:05:06.199 and cheaper Bitcoin transactions. The idea of 00:05:06.199 --> 00:05:08.240 having a physical ATM that supports Lightning 00:05:08.240 --> 00:05:11.079 Network transactions is definitely a step towards 00:05:11.079 --> 00:05:13.980 wider adoption and usability. It will be interesting 00:05:13.980 --> 00:05:16.639 to see how this development unfolds and how it 00:05:16.639 --> 00:05:19.019 impacts the overall user experience with Bitcoin. 00:05:20.160 --> 00:05:22.639 There you have it. A quick roundup of some of 00:05:22.639 --> 00:05:24.660 the latest and most interesting news in the world 00:05:24.660 --> 00:05:27.439 of Bitcoin and cryptocurrency. From bold bets 00:05:27.439 --> 00:05:29.860 and music videos to academic research and lightning 00:05:29.860 --> 00:05:33.139 network ATMs, the crypto space is full of surprises. 00:05:33.680 --> 00:05:35.300 Stay tuned for more updates and let's see what 00:05:35.300 --> 00:05:37.480 the future holds for this exciting technology. 00:05:45.079 --> 00:05:46.980 Matterlabs, a prominent player in the blockchain 00:05:46.980 --> 00:05:49.660 technology space, recently found themselves caught 00:05:49.660 --> 00:05:52.720 up in a controversy. Accusations of code plagiarism 00:05:52.720 --> 00:05:55.439 were hurled at the company, but they wasted no 00:05:55.439 --> 00:05:58.600 time in vehemently refuting these claims. According 00:05:58.600 --> 00:06:01.519 to Matterlabs, such accusations go against the 00:06:01.519 --> 00:06:04.439 very essence of the open source movement, which 00:06:04.439 --> 00:06:07.420 is all about transparency, collaboration, and 00:06:07.420 --> 00:06:10.639 ethical practices. They stressed that attribution 00:06:10.639 --> 00:06:13.279 is a fundamental aspect of the open source community, 00:06:13.279 --> 00:06:16.699 and they firmly uphold these principles. In a 00:06:16.699 --> 00:06:19.079 completely different arena, BlockFi has been 00:06:19.079 --> 00:06:21.199 making waves in the financial world with its 00:06:21.199 --> 00:06:24.160 innovative cryptocurrency lending platform. Recently, 00:06:24.360 --> 00:06:26.560 their disclosure statement received conditional 00:06:26.560 --> 00:06:29.399 approval from the U .S. Bankruptcy Court. This 00:06:29.399 --> 00:06:32.079 is a significant milestone for BlockFi as it 00:06:32.079 --> 00:06:34.540 marks a step forward in their bankruptcy proceedings. 00:06:35.279 --> 00:06:37.399 The Official Committee of Unsecured Creditors 00:06:37.399 --> 00:06:39.399 has given their endorsement to the proposal, 00:06:39.939 --> 00:06:42.639 showcasing their faith in BlockFi and its plans 00:06:42.639 --> 00:06:46.709 for the future. Shiba Inu, SHIB. a digital currency 00:06:46.709 --> 00:06:48.889 that has attracted a lot of attention in recent 00:06:48.889 --> 00:06:51.870 times, has once again demonstrated its ability 00:06:51.870 --> 00:06:54.970 to defy market trends. While Bitcoin remains 00:06:54.970 --> 00:06:58.129 stagnant at around $1 .29k, with little to no 00:06:58.129 --> 00:07:01.009 volatility, SHIB has managed to pump another 00:07:01.009 --> 00:07:04.089 5%. This is an impressive feat considering the 00:07:04.089 --> 00:07:06.029 lack of movement in the wider crypto market. 00:07:06.649 --> 00:07:09.050 It seems that SHIB holders continue to enjoy 00:07:09.050 --> 00:07:11.790 the benefits of its upward momentum, while other 00:07:11.790 --> 00:07:14.769 cryptocurrencies struggle to catch up. NFTs, 00:07:14.970 --> 00:07:17.709 or non -fungible tokens, have been making headlines 00:07:17.709 --> 00:07:21.050 across various industries. Former Alibaba executive 00:07:21.050 --> 00:07:23.990 Toby Rush believes that NFT ticketing has the 00:07:23.990 --> 00:07:26.430 potential to revolutionize the traditional ticketing 00:07:26.430 --> 00:07:30.069 system, benefiting both artists and fans. Rush 00:07:30.069 --> 00:07:33.370 explains that NFTs offer a unique edge over scalpers 00:07:33.370 --> 00:07:35.589 by ensuring that artists receive their fair share 00:07:35.589 --> 00:07:38.290 of ticket sales. This innovative approach can 00:07:38.290 --> 00:07:41.310 help eliminate fraud and create a more transparent 00:07:41.310 --> 00:07:44.579 and equitable ticketing system. As the world 00:07:44.579 --> 00:07:47.800 eagerly awaits the 2024 US presidential election, 00:07:48.259 --> 00:07:50.360 it is interesting to note that some potential 00:07:50.360 --> 00:07:53.060 candidates have shown strong support for cryptocurrencies. 00:07:54.120 --> 00:07:57.379 Robert Kennedy, Ron DeSantis, and Francis Suarez 00:07:57.379 --> 00:08:00.160 are just a few of the individuals who have voiced 00:08:00.160 --> 00:08:03.259 their enthusiasm for digital assets. It remains 00:08:03.259 --> 00:08:05.620 to be seen how the crypto industry will shape 00:08:05.620 --> 00:08:08.360 the political landscape, but these crypto -friendly 00:08:08.360 --> 00:08:11.040 candidates could have a significant impact if 00:08:11.040 --> 00:08:14.290 elected to office. The crypto industry is no 00:08:14.290 --> 00:08:16.970 stranger to fraudulent activities, and recent 00:08:16.970 --> 00:08:19.329 reports highlight the increasing number of threats 00:08:19.329 --> 00:08:22.230 faced by participants in the space. Blackberry, 00:08:22.750 --> 00:08:25.509 a renowned cybersecurity company, revealed that 00:08:25.509 --> 00:08:28.790 it had successfully thwarted 1 .5 million attacks 00:08:28.790 --> 00:08:31.310 targeting cryptocurrency users within a span 00:08:31.310 --> 00:08:34.570 of two months. Threat actors are constantly evolving 00:08:34.570 --> 00:08:37.889 their strategies to exploit vulnerabilities and 00:08:37.889 --> 00:08:41.210 hijack devices for illicit activities such as 00:08:41.210 --> 00:08:44.269 mining or stealing cryptocurrencies. It is crucial 00:08:44.269 --> 00:08:46.909 for individuals and organizations to stay vigilant 00:08:46.909 --> 00:08:49.929 and employ robust security measures to protect 00:08:49.929 --> 00:08:52.929 their digital assets. Cryptocurrency regulations 00:08:52.929 --> 00:08:55.110 have been a hot topic of discussion in the United 00:08:55.110 --> 00:08:58.289 States and several bills are now ready for consideration 00:08:58.289 --> 00:09:01.750 by Congress. These bills cover a range of issues, 00:09:02.149 --> 00:09:04.769 including regulatory jurisdiction, stablecoins, 00:09:05.250 --> 00:09:07.830 and the right to self -custody. The outcome of 00:09:07.830 --> 00:09:09.889 these legislative efforts will shape the future 00:09:09.889 --> 00:09:12.850 of the crypto industry in the country and potentially 00:09:12.850 --> 00:09:15.389 have far -reaching implications for participants 00:09:15.389 --> 00:09:19.090 both domestically and internationally. Bitcoin, 00:09:19.690 --> 00:09:21.970 the leading cryptocurrency, has been trapped 00:09:21.970 --> 00:09:25.389 in a narrow price range around $1 .29k, displaying 00:09:25.389 --> 00:09:28.620 minimal volatility in recent times. This lack 00:09:28.620 --> 00:09:30.700 of movement raises questions about when Bitcoin 00:09:30.700 --> 00:09:32.620 will break free from this squeeze and regain 00:09:32.620 --> 00:09:35.600 its momentum. Cryptocurrency enthusiasts and 00:09:35.600 --> 00:09:37.940 investors are eagerly monitoring the market to 00:09:37.940 --> 00:09:40.340 gauge where Bitcoin's price might be headed next. 00:09:40.799 --> 00:09:43.139 Trying to time the market and find the best day 00:09:43.139 --> 00:09:45.440 to buy Bitcoin is a common endeavor for many 00:09:45.440 --> 00:09:48.419 investors. We sought the assistance of Google's 00:09:48.419 --> 00:09:51.139 chatbot, Google Bard, to shed some light on this 00:09:51.139 --> 00:09:54.059 matter. According to Bard, the cheapest day of 00:09:54.059 --> 00:09:57.149 the week to buy Bitcoin is Thursday. However, 00:09:57.529 --> 00:09:59.690 we wanted to ensure the accuracy of this claim, 00:10:00.049 --> 00:10:02.250 so we cross -referenced Bard's answer with data 00:10:02.250 --> 00:10:05.129 from Yahoo Finance. It's always important to 00:10:05.129 --> 00:10:07.230 verify information, especially when it comes 00:10:07.230 --> 00:10:10.610 to financial decisions. The cost of mining Bitcoin 00:10:10.610 --> 00:10:13.230 is a topic that garners significant attention, 00:10:13.809 --> 00:10:16.090 especially as the cryptocurrency market continues 00:10:16.090 --> 00:10:19.269 to evolve rapidly. Bernstein, a respected research 00:10:19.269 --> 00:10:21.710 firm, recently clarified that the profitability 00:10:21.710 --> 00:10:24.450 of Bitcoin mining is dependent on various factors. 00:10:25.000 --> 00:10:27.740 These factors include the approval of Bitcoin 00:10:27.740 --> 00:10:31.700 exchange traded funds, ETFs, and increased engagement 00:10:31.700 --> 00:10:34.980 from institutional investors. If these favorable 00:10:34.980 --> 00:10:37.919 conditions manifest, miners will have sufficient 00:10:37.919 --> 00:10:40.620 margin room to navigate the challenges posed 00:10:40.620 --> 00:10:44.519 by the upcoming 2024 halving event. Explaining 00:10:44.519 --> 00:10:47.000 the nature of cryptocurrencies to US courts, 00:10:47.519 --> 00:10:49.519 particularly the Securities and Exchange Commission, 00:10:49.700 --> 00:10:53.279 SEC, can be a daunting task. Coinbase, one of 00:10:53.279 --> 00:10:56.039 the largest cryptocurrency exchanges, found a 00:10:56.039 --> 00:10:59.120 creative analogy to simplify the concept. They 00:10:59.120 --> 00:11:01.860 compared cryptocurrencies to baseball cards rather 00:11:01.860 --> 00:11:04.759 than stocks. This analogy provides a relatable 00:11:04.759 --> 00:11:06.960 framework for regulators to better understand 00:11:06.960 --> 00:11:10.519 the unique nature of cryptocurrencies. By reframing 00:11:10.519 --> 00:11:12.919 the conversation in this way, Coinbase hopes 00:11:12.919 --> 00:11:15.759 to foster more productive discussions and promote 00:11:15.759 --> 00:11:17.759 greater understanding of the crypto industry. 00:11:18.120 --> 00:11:21.360 In conclusion, the cryptocurrency industry continues 00:11:21.360 --> 00:11:24.600 to evolve and face numerous challenges and opportunities. 00:11:25.279 --> 00:11:27.860 From controversies surrounding code attribution 00:11:27.860 --> 00:11:29.860 to the potential impact of political leaders 00:11:29.860 --> 00:11:32.379 on the industry, there is never a dull moment 00:11:32.379 --> 00:11:35.200 in the world of digital assets. As the market 00:11:35.200 --> 00:11:38.039 grapples with issues of security, regulation, 00:11:38.279 --> 00:11:40.940 and price volatility, participants must stay 00:11:40.940 --> 00:11:43.820 informed and adapt to the ever -changing landscape. 00:11:44.759 --> 00:11:47.500 The future of cryptocurrencies holds great potential. 00:11:47.879 --> 00:11:50.659 And only time will tell how this emerging technology 00:11:50.659 --> 00:11:56.440 will shape the global economy. So there's been 00:11:56.440 --> 00:11:58.860 some interesting news in the world of cryptocurrency 00:11:58.860 --> 00:12:01.460 and technology lately. Let's dive into some of 00:12:01.460 --> 00:12:03.779 the most recent stories and see what's been happening. 00:12:04.559 --> 00:12:07.720 First up, we have a rather bizarre plan to revive 00:12:07.720 --> 00:12:11.320 the non -US FTX exchange. It seems that a coalition 00:12:11.320 --> 00:12:13.340 of international creditors and customers are 00:12:13.340 --> 00:12:15.840 behind the push, despite the brand being quite 00:12:15.840 --> 00:12:18.370 damaged. It's certainly an interesting idea, 00:12:18.669 --> 00:12:20.769 but only time will tell if it will be successful. 00:12:21.490 --> 00:12:24.090 On the topic of AI, Goldman Sachs predicts that 00:12:24.090 --> 00:12:26.370 AI -related investments could soar to $200 billion 00:12:26.370 --> 00:12:29.970 by 2025. This would represent a significant portion 00:12:29.970 --> 00:12:33.029 of GDP, with experts suggesting that it could 00:12:33.029 --> 00:12:37.129 be as high as 2 .5 % to 4 % in the US and 1 .5 00:12:37.129 --> 00:12:41.289 % to 2 .5 % in other leading AI countries. It's 00:12:41.289 --> 00:12:43.809 clear that AI is becoming an increasingly important 00:12:43.809 --> 00:12:46.679 and lucrative industry. In a rather unfortunate 00:12:46.679 --> 00:12:49.500 story, a man from Minnesota fell victim to a 00:12:49.500 --> 00:12:52.340 crypto romance scam and lost over $9 million. 00:12:53.500 --> 00:12:55.360 Instead of leaving his wife and expecting to 00:12:55.360 --> 00:12:57.679 get rich overnight with a suspicious crypto project, 00:12:58.139 --> 00:13:00.139 he ended up losing a significant amount of money. 00:13:00.899 --> 00:13:03.100 It's a reminder that scams in the crypto world 00:13:03.100 --> 00:13:05.860 are still very much prevalent and caution is 00:13:05.860 --> 00:13:08.960 always advised. Block has reported a rise of 00:13:08.960 --> 00:13:11.759 over 30 % in BTC revenue in the second quarter. 00:13:12.029 --> 00:13:14.690 This increase is attributed to a higher quantity 00:13:14.690 --> 00:13:17.549 of Bitcoin sold to customers. It's a positive 00:13:17.549 --> 00:13:19.929 sign for the company and shows that there is 00:13:19.929 --> 00:13:22.210 still demand for Bitcoin despite its volatile 00:13:22.210 --> 00:13:25.289 nature. In contrast to the success of Bitcoin, 00:13:25.750 --> 00:13:27.710 crypto hedge funds have struggled this year and 00:13:27.710 --> 00:13:30.470 faced various issues according to research. It 00:13:30.470 --> 00:13:32.809 seems that they have significantly underperformed 00:13:32.809 --> 00:13:35.309 when compared to Bitcoin. This highlights the 00:13:35.309 --> 00:13:37.169 challenges faced by hedge funds in the crypto 00:13:37.169 --> 00:13:39.889 market. Moving on to Elon Musk, he confirmed 00:13:39.889 --> 00:13:42.789 that his favorite crypto, X, will not be issuing 00:13:42.789 --> 00:13:45.669 its own token. However, it's highly likely that 00:13:45.669 --> 00:13:47.529 cryptocurrencies will still be involved in the 00:13:47.529 --> 00:13:50.909 platform in some way. Musk always manages to 00:13:50.909 --> 00:13:53.490 keep us guessing with his crypto -related announcements. 00:13:54.509 --> 00:13:57.470 In market news, XRP has experienced losses of 00:13:57.470 --> 00:14:00.870 over 3 % in the past 24 hours, while Bitcoin 00:14:00.870 --> 00:14:04.370 is fighting to stay above $29 ,000. The overall 00:14:04.370 --> 00:14:06.789 market is taking a bit of a beating today, and 00:14:06.789 --> 00:14:09.110 it's a challenging time for crypto investors. 00:14:10.230 --> 00:14:12.769 Bitcoin early adopter Adam Back has placed a 00:14:12.769 --> 00:14:15.970 bet of $1 million satoshi on BTC's price reaching 00:14:15.970 --> 00:14:19.950 $100 ,000 before the 2024 halving event. It's 00:14:19.950 --> 00:14:22.210 a bold prediction, but Back has been involved 00:14:22.210 --> 00:14:24.730 in the crypto space for a long time, so he might 00:14:24.730 --> 00:14:27.309 just be onto something. Justin Sun, the founder 00:14:27.309 --> 00:14:30.110 of Tron, has rejected rumors of Huobi's insolvency. 00:14:30.399 --> 00:14:32.940 He believes that both Tron and the exchange will 00:14:32.940 --> 00:14:35.820 thrive through continuous development. It's important 00:14:35.820 --> 00:14:37.860 for investors and users to have confidence in 00:14:37.860 --> 00:14:40.580 the platforms they use, so Sun's reassurance 00:14:40.580 --> 00:14:44.159 is undoubtedly welcome. Interesting news regarding 00:14:44.159 --> 00:14:47.460 Bitcoin supply. A significant percentage of BTC 00:14:47.460 --> 00:14:50.000 in circulation hasn't been touched in the past 00:14:50.000 --> 00:14:53.399 five years. Despite the fluctuations in Bitcoin's 00:14:53.399 --> 00:14:55.759 performance, this percentage has been steadily 00:14:55.759 --> 00:14:58.590 increasing over time. It's intriguing to consider 00:14:58.590 --> 00:15:00.649 why people are holding on to their Bitcoin for 00:15:00.649 --> 00:15:04.450 such extended periods. In a new report, KPMG 00:15:04.450 --> 00:15:06.730 highlights the positive contributions of Bitcoin 00:15:06.730 --> 00:15:09.570 and how they should be celebrated. According 00:15:09.570 --> 00:15:13.509 to Daniel Batten, an ESG analyst and CH4 capital 00:15:13.509 --> 00:15:16.629 co -founder, showcasing Bitcoin's positive aspects 00:15:16.629 --> 00:15:19.549 is crucial for gaining mainstream and institutional 00:15:19.549 --> 00:15:22.149 support. It's a step towards wider acceptance 00:15:22.149 --> 00:15:25.279 and understanding of the cryptocurrency. On a 00:15:25.279 --> 00:15:27.700 different note, let's talk about Kundly GPT, 00:15:28.200 --> 00:15:31.220 a chatbot based on OpenAI's technology that provides 00:15:31.220 --> 00:15:34.259 individualized astrological data. Thanks to social 00:15:34.259 --> 00:15:36.919 media, this chatbot has amassed 20 million visitors 00:15:36.919 --> 00:15:39.179 who are curious about personalized astrology. 00:15:39.820 --> 00:15:42.120 It's fascinating to see how AI is being used 00:15:42.120 --> 00:15:44.860 in various industries and creating unique experiences 00:15:44.860 --> 00:15:48.340 for users. Elon Musk, known for his definitive 00:15:48.340 --> 00:15:51.029 statements, stated that his companies, including 00:15:51.029 --> 00:15:53.649 Tesla, will never launch their own Twitter or 00:15:53.649 --> 00:15:56.590 ex crypto token. It's a clear declaration from 00:15:56.590 --> 00:15:59.330 Musk, responding to warnings about scam tokens 00:15:59.330 --> 00:16:01.990 claiming affiliation with his ventures. It's 00:16:01.990 --> 00:16:04.029 important to differentiate between official and 00:16:04.029 --> 00:16:06.610 unofficial tokens to avoid falling victim to 00:16:06.610 --> 00:16:10.529 scams. The hype surrounding AI is real, and companies 00:16:10.529 --> 00:16:14.029 like Meta, Amazon, Google, Apple, and AMD are 00:16:14.029 --> 00:16:16.860 fully embracing it. Based on their latest earnings 00:16:16.860 --> 00:16:18.940 reports, it's apparent that these tech giants 00:16:18.940 --> 00:16:22.200 are investing heavily in AI. It's an exciting 00:16:22.200 --> 00:16:25.379 time for AI enthusiasts as the technology continues 00:16:25.379 --> 00:16:27.779 to evolve and make significant strides in various 00:16:27.779 --> 00:16:30.779 industries. In the world of cryptocurrency Twitter, 00:16:31.000 --> 00:16:34.759 the founder of FTX SBF, was accused of executing 00:16:34.759 --> 00:16:37.419 a massive rug pull while under house arrest. 00:16:37.879 --> 00:16:40.299 However, given the limitations imposed on him, 00:16:40.700 --> 00:16:43.360 it's highly unlikely that he was involved. It's 00:16:43.360 --> 00:16:45.539 essential to verify information and not jump 00:16:45.539 --> 00:16:49.019 to conclusions without concrete evidence. A Dungeons 00:16:49.019 --> 00:16:51.279 and Dragons publisher is tightening its artist 00:16:51.279 --> 00:16:53.799 guidelines after AI -generated art was found 00:16:53.799 --> 00:16:57.350 in one of its books. California artist and musician 00:16:57.350 --> 00:17:00.450 Ilya Shkipin defended his use of artificial intelligence, 00:17:00.950 --> 00:17:02.950 but eventually deleted the examples he shared. 00:17:03.549 --> 00:17:06.630 It's a reminder that AI can have unintended consequences 00:17:06.630 --> 00:17:10.029 and raises questions about the role of AI in 00:17:10.029 --> 00:17:13.190 creative industries. Finally, Copenhagen Fashion 00:17:13.190 --> 00:17:15.670 Week's latest styles can now be experienced in 00:17:15.670 --> 00:17:18.740 the metaverse. Luxury mobile -style Game Dressed 00:17:18.740 --> 00:17:21.000 is collaborating with the leading fashion event 00:17:21.000 --> 00:17:24.579 in Scandinavia to incorporate Web3 elements into 00:17:24.579 --> 00:17:27.599 its product. It's an innovative way to merge 00:17:27.599 --> 00:17:30.160 the worlds of fashion and technology, creating 00:17:30.160 --> 00:17:32.420 exciting experiences for fashion enthusiasts. 00:17:33.200 --> 00:17:35.960 Speaking of the metaverse, an NFT trader admitted 00:17:35.960 --> 00:17:39.559 to nabbing $1 .5 million in Ethereum after an 00:17:39.559 --> 00:17:43.099 NFT named Elizabeth Doth experienced significant 00:17:43.099 --> 00:17:45.779 losses. It's a reminder of the risks involved 00:17:45.779 --> 00:17:48.480 in the crypto world and the importance of conducting 00:17:48.480 --> 00:17:51.279 thorough research before engaging in any transactions. 00:17:51.920 --> 00:17:54.539 That wraps up our news roundup for today. Stay 00:17:54.539 --> 00:17:56.859 tuned for more updates on the fascinating world 00:17:56.859 --> 00:18:06.819 of cryptocurrency and technology. Spotting a 00:18:06.819 --> 00:18:09.819 bot mimicking his trades, Hanwei Chang used the 00:18:09.819 --> 00:18:12.440 strategy against its owner to earn a huge premium. 00:18:12.799 --> 00:18:15.599 Imagine stumbling upon a bot that's copying your 00:18:15.599 --> 00:18:18.319 every trade, trying to replicate your success. 00:18:18.960 --> 00:18:20.740 Well, that's exactly what happened to Hanwei 00:18:20.740 --> 00:18:23.900 Chang. But instead of panicking or getting frustrated, 00:18:24.559 --> 00:18:26.500 Chang decided to turn the tables on the bot's 00:18:26.500 --> 00:18:29.440 owner. With his shrewd trading skills, Chang 00:18:29.440 --> 00:18:31.599 used the same strategy to earn a massive premium. 00:18:32.220 --> 00:18:34.180 It just goes to show that in the world of crypto, 00:18:34.839 --> 00:18:37.160 unexpected opportunities can arise even from 00:18:37.160 --> 00:18:41.180 the most unlikely circumstances. The superconductor 00:18:41.180 --> 00:18:45.759 hype sparks flurry of LK99 Memacoins. Ah, the 00:18:45.759 --> 00:18:48.319 world of cryptocurrencies where trends and buzzwords 00:18:48.319 --> 00:18:51.559 can cause a flurry of activity. The latest craze? 00:18:52.119 --> 00:18:55.420 LK99 Memacoins. This nascent cluster of coins 00:18:55.420 --> 00:18:58.259 is capitalizing on the hype surrounding superconductors. 00:18:58.819 --> 00:19:01.220 With everyone talking about the latest technological 00:19:01.220 --> 00:19:03.779 advancements, it's no wonder that these coins 00:19:03.779 --> 00:19:06.779 are seeking to surge. Investors are hoping to 00:19:06.779 --> 00:19:09.359 ride the wave of excitement and cash in on this 00:19:09.359 --> 00:19:12.720 buzz -worthy trend. Will they succeed? Or will 00:19:12.720 --> 00:19:15.480 this be just another flash in the pan? Only time 00:19:15.480 --> 00:19:18.200 will tell. Huobi Crypto Exchange grapples with 00:19:18.200 --> 00:19:21.759 rumors of insolvency amidst hefty outflows. Rumors 00:19:21.759 --> 00:19:24.039 can spread like wildfire in the crypto world, 00:19:24.460 --> 00:19:26.759 and Huobi Crypto Exchange has found itself at 00:19:26.759 --> 00:19:30.039 the center of such speculation. Claims of insolvency 00:19:30.039 --> 00:19:32.660 have been surfacing, causing anxiety among investors. 00:19:33.279 --> 00:19:37.140 However, Cryptoanalyst Adam Cochran is dismissing 00:19:37.140 --> 00:19:39.640 these rumors, calling them nothing more than 00:19:39.640 --> 00:19:42.779 baseless hearsay. While it's natural for fears 00:19:42.779 --> 00:19:45.740 to arise when such rumors circulate, it's important 00:19:45.740 --> 00:19:48.160 to stay informed and rely on reliable sources 00:19:48.160 --> 00:19:51.259 of information. As the saying goes, don't believe 00:19:51.259 --> 00:19:58.299 everything you hear. The world of Web3 is rife 00:19:58.299 --> 00:20:00.900 with strong personalities and even stronger opinions. 00:20:01.539 --> 00:20:03.619 It's no surprise then that high profile feuds 00:20:03.619 --> 00:20:05.579 and fights have become a part of its history. 00:20:06.119 --> 00:20:08.640 One of the most famous clashes is between Mark 00:20:08.640 --> 00:20:11.819 Zuckerberg and Elon Musk. These two tech giants 00:20:11.819 --> 00:20:14.720 have clashed over various issues related to Web3, 00:20:15.140 --> 00:20:17.960 each defending their own visions. It's a battle 00:20:17.960 --> 00:20:21.519 of titans fueled by ego and differing perspectives. 00:20:21.980 --> 00:20:24.420 But amidst all the drama, it's important to remember 00:20:24.420 --> 00:20:27.299 that healthy debates and disagreements can drive 00:20:27.299 --> 00:20:31.599 innovation forward. $1 .8 million bounty, now 00:20:31.599 --> 00:20:33.940 open to public as Curve Finance hacker, misses 00:20:33.940 --> 00:20:37.180 deadline. When a hacking incident occurs in the 00:20:37.180 --> 00:20:40.220 world of cryptocurrencies, it's no small matter. 00:20:40.900 --> 00:20:43.460 This time, Curve Finance found itself at the 00:20:43.460 --> 00:20:46.339 center of such an incident. The hacker managed 00:20:46.339 --> 00:20:48.819 to make away with a considerable sum of money, 00:20:49.039 --> 00:20:52.980 totaling around $1 .85 million. In a bid to recover 00:20:52.980 --> 00:20:56.119 the stolen funds, Curve Finance has opened up 00:20:56.119 --> 00:20:59.079 the bounty to the public. Offering a reward of 00:20:59.079 --> 00:21:01.880 10 % of the stolen amount, they hope that someone 00:21:01.880 --> 00:21:04.660 will come forward with information to catch the 00:21:04.660 --> 00:21:07.220 culprit. It's a classic case of turning to the 00:21:07.220 --> 00:21:10.259 community for help. Stablecoin deposits on MakerSore 00:21:10.259 --> 00:21:14.460 as DAI interest rates hit 8%. The Maker Protocol 00:21:14.460 --> 00:21:16.920 is witnessing a surge in stablecoin deposits 00:21:16.920 --> 00:21:20.480 thanks to the rising interest rates on DAI. As 00:21:20.480 --> 00:21:23.240 the latest upgrade came into effect, users have 00:21:23.240 --> 00:21:25.980 been flocking to deposit their DII into the protocol, 00:21:26.500 --> 00:21:28.680 seeking to take advantage of the attractive interest 00:21:28.680 --> 00:21:32.200 rates. This influx of stablecoin deposits showcases 00:21:32.200 --> 00:21:34.980 the growing popularity of decentralized finance, 00:21:35.480 --> 00:21:38.460 DeFi, and the trust that users are placing in 00:21:38.460 --> 00:21:41.519 the maker protocol. It's yet another indication 00:21:41.519 --> 00:21:44.180 of how DeFi continues to reshape the financial 00:21:44.180 --> 00:21:48.519 landscape. Long -term Bitcoin holder metric hits 00:21:48.519 --> 00:21:51.319 new all -time high. Bitcoin has long been hailed 00:21:51.319 --> 00:21:54.039 as a store of value, and its long -term holders 00:21:54.039 --> 00:21:57.119 are a testament to that. Recent on -chain data 00:21:57.119 --> 00:21:59.980 reveals that Bitcoin long -term holders now hold 00:21:59.980 --> 00:22:04.539 an astonishing 14 .599 million BTC. This figure 00:22:04.539 --> 00:22:07.680 marks a new all -time high for the metric, highlighting 00:22:07.680 --> 00:22:09.799 the confidence and conviction that these holders 00:22:09.799 --> 00:22:13.119 have in the future of Bitcoin. As institutional 00:22:13.119 --> 00:22:15.980 interest grows, and more individuals recognize 00:22:15.980 --> 00:22:18.940 the potential of cryptocurrencies, It's likely 00:22:18.940 --> 00:22:21.220 that this metric will continue to climb. The 00:22:21.220 --> 00:22:23.259 Bitcoin revolution shows no signs of slowing 00:22:23.259 --> 00:22:25.880 down. Seriously, some brilliant Bitcoin musician 00:22:25.880 --> 00:22:29.680 needs to make a video. 29 again to the tune of 00:22:29.680 --> 00:22:33.819 Dolly Parton's Here You Come Again. Ah, the creativity 00:22:33.819 --> 00:22:36.160 and sense of humor within the Bitcoin community. 00:22:36.559 --> 00:22:39.980 No, no bounds. One enthusiastic individual has 00:22:39.980 --> 00:22:42.339 come up with the idea of a music video called 00:22:42.339 --> 00:22:46.309 29 again. set to the tune of Dolly Parton's iconic 00:22:46.309 --> 00:22:49.549 song, Here You Come Again. The lyrics would surely 00:22:49.549 --> 00:22:52.710 be a hilarious nod to the crypto space, capturing 00:22:52.710 --> 00:22:55.329 the energy and spirit of Bitcoin enthusiasts. 00:22:56.069 --> 00:22:57.609 Let's hope someone takes up the challenge and 00:22:57.609 --> 00:23:00.369 brings this idea to life. On Noster, plebs pay 00:23:00.369 --> 00:23:03.730 plebs W Bitcoin instantly W slash Bitcoin zaps. 00:23:04.329 --> 00:23:06.369 When it comes to peer to peer transactions, the 00:23:06.369 --> 00:23:08.349 Bitcoin community is always finding innovative 00:23:08.349 --> 00:23:10.859 ways to make it happen. One such platform is 00:23:10.859 --> 00:23:12.799 Nostr, where regular folks can pay each other 00:23:12.799 --> 00:23:15.519 with Bitcoin almost instantly. With the use of 00:23:15.519 --> 00:23:18.480 lightning network enabled zaps, users can effortlessly 00:23:18.480 --> 00:23:21.700 and securely send payments. No gatekeepers, no 00:23:21.700 --> 00:23:24.579 intermediaries, just direct transactions powered 00:23:24.579 --> 00:23:27.759 by protocols. In a world dominated by centralized 00:23:27.759 --> 00:23:31.059 platforms, Nostr offers a refreshing alternative 00:23:31.059 --> 00:23:33.559 that embraces the decentralized ethos of the 00:23:33.559 --> 00:23:36.170 crypto community. may need to revisit Fountain 00:23:36.170 --> 00:23:38.730 app instead of waiting for Podcast Addict to 00:23:38.730 --> 00:23:42.410 integrate Lightning Boosts. As Bitcoin continues 00:23:42.410 --> 00:23:45.170 to gain mainstream adoption, various apps and 00:23:45.170 --> 00:23:47.470 platforms are exploring ways to integrate Lightning 00:23:47.470 --> 00:23:50.750 Network enabled features. One such app is Fountain, 00:23:51.150 --> 00:23:53.589 which allows users to boost their favorite podcasts 00:23:53.589 --> 00:23:56.650 using Bitcoin's Lightning Network. Instead of 00:23:56.650 --> 00:23:58.789 waiting for other podcast platforms to catch 00:23:58.789 --> 00:24:01.670 up, it may be worth considering revisiting Fountain. 00:24:01.950 --> 00:24:04.490 By leveraging the power of Lightning Boosts, 00:24:04.690 --> 00:24:07.289 users can directly support and reward podcast 00:24:07.289 --> 00:24:10.009 creators, further fostering the growth of the 00:24:10.009 --> 00:24:13.029 crypto podcasting ecosystem. It's a win -win 00:24:13.029 --> 00:24:16.150 for both creators and listeners. Alternative 00:24:16.150 --> 00:24:19.289 for mobile? Create an account on wavlake .com, 00:24:19.490 --> 00:24:21.630 then fund the built -in wallet and set default 00:24:21.630 --> 00:24:24.329 boost amount. For mobile users who are unable 00:24:24.329 --> 00:24:26.309 to access certain features on their preferred 00:24:26.309 --> 00:24:29.690 platforms, there's an alternative solution. By 00:24:29.690 --> 00:24:33.170 creating an account on wavlake .com, Comma, mobile 00:24:33.170 --> 00:24:35.450 users can fund the built -in wallet and set their 00:24:35.450 --> 00:24:38.670 default boost amount. While wavlake .com may 00:24:38.670 --> 00:24:41.289 not have a search field, users can still navigate 00:24:41.289 --> 00:24:44.430 through the site by tapping discover and using 00:24:44.430 --> 00:24:47.430 their mobile browser's find in page feature to 00:24:47.430 --> 00:24:49.369 search for specific artists or track titles. 00:24:50.069 --> 00:24:52.049 It's all about finding creative workarounds to 00:24:52.049 --> 00:24:55.049 make the most out of the mobile experience. Wav 00:24:55.049 --> 00:24:56.829 Lake doesn't have a search field, but you should 00:24:56.829 --> 00:24:59.529 be able to scroll down and tap Discover, then 00:24:59.529 --> 00:25:02.109 use your mobile browser's Find in Page feature 00:25:02.109 --> 00:25:04.690 to search the page for the artist or track title. 00:25:05.130 --> 00:25:07.569 While it may be a bit inconvenient that Wav Lake 00:25:07.569 --> 00:25:10.069 lacks a search field, there's still a way to 00:25:10.069 --> 00:25:12.670 find what you're looking for. Simply scroll down 00:25:12.670 --> 00:25:16.150 on the page and tap Discover to explore the available 00:25:16.150 --> 00:25:18.970 content. If you know the artist or track title 00:25:18.970 --> 00:25:21.430 you're interested in, you can then use your mobile 00:25:21.430 --> 00:25:23.970 browser's Find in Page feature to search for 00:25:23.970 --> 00:25:27.329 it. It may require a bit more effort, but sometimes 00:25:27.329 --> 00:25:29.670 the journey is as important as the destination. 00:25:30.509 --> 00:25:33.190 The artist's name links to their page on Podcast 00:25:33.190 --> 00:25:36.670 Index where you can boost them some SATs. Boostergram 00:25:36.670 --> 00:25:38.930 Ball is one such podcast that has a dedicated 00:25:38.930 --> 00:25:42.089 page on Podcast Index. By clicking on the artist's 00:25:42.089 --> 00:25:43.910 name, you'll be directed to their page where 00:25:43.910 --> 00:25:46.529 you can support them by boosting them some SATs. 00:25:46.829 --> 00:25:48.769 It's a great way to show appreciation for the 00:25:48.769 --> 00:25:50.809 content creators and contribute to the growth 00:25:50.809 --> 00:25:53.799 of the podcasting community. So if you enjoy 00:25:53.799 --> 00:25:56.299 a particular podcast, don't hesitate to boost 00:25:56.299 --> 00:25:59.019 them and spread the word about their work. There 00:25:59.019 --> 00:26:01.559 is no coming back from this. We're in a debt 00:26:01.559 --> 00:26:04.839 spiral. Next stop is more money printing. Last 00:26:04.839 --> 00:26:07.799 stop is hyperinflation. Ending on a more somber 00:26:07.799 --> 00:26:09.940 note, it appears that we find ourselves in a 00:26:09.940 --> 00:26:12.779 challenging economic situation. Some believe 00:26:12.779 --> 00:26:15.140 that we are caught in a debt spiral with no way 00:26:15.140 --> 00:26:17.640 out. The next step could be more money printing, 00:26:17.980 --> 00:26:20.299 which in turn may lead us further down the path 00:26:20.299 --> 00:26:22.569 towards hyperinflation. While this is certainly 00:26:22.569 --> 00:26:25.170 a concerning perspective, it's important to remember 00:26:25.170 --> 00:26:28.009 that the future is uncertain and economic stability 00:26:28.009 --> 00:26:31.150 is shaped by a multitude of factors. Only time 00:26:31.150 --> 00:26:36.710 will reveal what lies ahead. So let's dive into 00:26:36.710 --> 00:26:39.049 the fascinating world of Nostra's apps and value 00:26:39.049 --> 00:26:42.130 for value podcasts. If you're a podcast enthusiast, 00:26:42.190 --> 00:26:43.910 you may have already come across these terms 00:26:43.910 --> 00:26:45.950 and wondered what they're all about. Well, we're 00:26:45.950 --> 00:26:48.150 here to unravel the mystery for you. First things 00:26:48.150 --> 00:26:51.720 first, what exactly are Nostra's apps? Well, 00:26:51.779 --> 00:26:54.079 Nostra's apps are a revolutionary form of podcast 00:26:54.079 --> 00:26:56.099 sponsorship that has been making waves in the 00:26:56.099 --> 00:26:59.000 podcasting community. It's a term coined to describe 00:26:59.000 --> 00:27:01.440 a unique approach where listeners have the power 00:27:01.440 --> 00:27:04.299 to directly support their favorite podcasts with 00:27:04.299 --> 00:27:07.640 Bitcoin and Lightning Network transactions. Now, 00:27:07.640 --> 00:27:10.039 you might be wondering, what on earth is Bitcoin 00:27:10.039 --> 00:27:12.319 and Lightning Network? And how do they fit into 00:27:12.319 --> 00:27:15.960 all of this? Bitcoin is a decentralized digital 00:27:15.960 --> 00:27:18.220 currency that operates on a technology called 00:27:18.220 --> 00:27:20.990 blockchain. It's not controlled by any single 00:27:20.990 --> 00:27:23.910 entity, such as a government or a bank, which 00:27:23.910 --> 00:27:25.970 makes it a game -changer in the financial world. 00:27:26.470 --> 00:27:28.250 But what does Bitcoin have to do with podcasts, 00:27:28.390 --> 00:27:31.730 you ask? Enter the Lightning Network. The Lightning 00:27:31.730 --> 00:27:34.069 Network is an innovative second -layer solution 00:27:34.069 --> 00:27:36.950 that sits on top of the Bitcoin blockchain. It 00:27:36.950 --> 00:27:39.470 allows for faster and more scalable transactions, 00:27:40.069 --> 00:27:42.849 making microtransactions feasible and cost -effective. 00:27:43.250 --> 00:27:45.430 And that's where Nostra's apps come into play. 00:27:45.789 --> 00:27:48.609 With Nostra's apps, podcast listeners can send 00:27:48.609 --> 00:27:51.289 small amounts of Bitcoin directly to their favorite 00:27:51.289 --> 00:27:53.890 podcasters as a token of appreciation for their 00:27:53.890 --> 00:27:56.410 work. It's like tipping your barista for a job 00:27:56.410 --> 00:27:59.369 well done, but in the world of podcasting. This 00:27:59.369 --> 00:28:02.049 direct interaction between listeners and podcasters 00:28:02.049 --> 00:28:04.730 creates a whole new level of engagement and support 00:28:04.730 --> 00:28:07.349 within the podcasting community. But Nostra's 00:28:07.349 --> 00:28:09.930 apps are just one piece of the puzzle. The bigger 00:28:09.930 --> 00:28:13.549 picture is the concept of value for value podcasts. 00:28:14.299 --> 00:28:17.160 Value for Value is an innovative podcasting model 00:28:17.160 --> 00:28:20.140 that aims to empower content creators and build 00:28:20.140 --> 00:28:23.640 a sustainable ecosystem for podcasting. It challenges 00:28:23.640 --> 00:28:26.180 the traditional advertising model and puts the 00:28:26.180 --> 00:28:28.619 power back into the hands of both podcasters 00:28:28.619 --> 00:28:31.960 and listeners. In a Value for Value podcast, 00:28:32.440 --> 00:28:34.799 the content is offered for free, but listeners 00:28:34.799 --> 00:28:36.920 are encouraged to contribute directly to the 00:28:36.920 --> 00:28:39.220 creators based on the value they receive. This 00:28:39.220 --> 00:28:42.000 can be done through various means, such as Noster's 00:28:42.000 --> 00:28:44.220 apps with Bitcoin and Lightning Network, or through 00:28:44.220 --> 00:28:46.640 other forms of support like merchandise purchases 00:28:46.640 --> 00:28:50.240 or monthly subscriptions. Value for Value podcasts 00:28:50.240 --> 00:28:52.599 are built on the idea that content creators should 00:28:52.599 --> 00:28:55.259 be rewarded directly by their audience, rather 00:28:55.259 --> 00:28:58.400 than relying solely on advertising revenue. This 00:28:58.400 --> 00:29:01.099 model allows podcasters to maintain their independence 00:29:01.099 --> 00:29:04.099 and focus on creating high -quality content without 00:29:04.099 --> 00:29:06.359 having to compromise their artistic vision for 00:29:06.359 --> 00:29:09.279 the sake of advertisers. Not only does the value 00:29:09.279 --> 00:29:12.039 for value model offer a more sustainable and 00:29:12.039 --> 00:29:14.440 equitable way for podcasters to monetize their 00:29:14.440 --> 00:29:16.980 work, but it also fosters a deeper connection 00:29:16.980 --> 00:29:20.099 between podcasters and their audience. By directly 00:29:20.099 --> 00:29:22.559 supporting their favorite podcasts, listeners 00:29:22.559 --> 00:29:25.400 become active participants in the creation process, 00:29:25.900 --> 00:29:28.460 investing in the content they love and enabling 00:29:28.460 --> 00:29:31.839 its continuous growth. The rise of Nostra's apps 00:29:31.839 --> 00:29:34.740 and value for value podcasts represents a paradigm 00:29:34.740 --> 00:29:37.700 shift in the podcasting industry. It challenges 00:29:37.700 --> 00:29:40.500 the traditional advertising -driven model and 00:29:40.500 --> 00:29:42.700 promotes a more community -centered approach, 00:29:43.059 --> 00:29:45.220 where the value of the content is determined 00:29:45.220 --> 00:29:48.400 by the listeners themselves. So, whether you're 00:29:48.400 --> 00:29:51.000 a podcast listener or a content creator, it's 00:29:51.000 --> 00:29:53.240 worth exploring the world of Nostr's apps and 00:29:53.240 --> 00:29:55.900 value -for -value podcasts. It's a fascinating 00:29:55.900 --> 00:29:58.700 frontier that not only has the potential to revolutionize 00:29:58.700 --> 00:30:01.660 the podcasting landscape, but also offers a more 00:30:01.660 --> 00:30:03.980 direct and meaningful way to engage with the 00:30:03.980 --> 00:30:07.069 content you love. In conclusion, Nostra's apps 00:30:07.069 --> 00:30:09.569 and value for value podcasts are reshaping the 00:30:09.569 --> 00:30:12.509 podcasting landscape, offering a new way for 00:30:12.509 --> 00:30:15.289 podcasters and listeners to connect and support 00:30:15.289 --> 00:30:18.250 each other. With the power of Bitcoin and Lightning 00:30:18.250 --> 00:30:21.509 Network, podcasting is entering a new era of 00:30:21.509 --> 00:30:24.769 engagement and sustainability. So why not join 00:30:24.769 --> 00:30:27.910 the movement and become an active participant 00:30:27.910 --> 00:30:30.390 in this exciting evolution of the podcasting 00:30:30.390 --> 00:30:33.750 world? Your favorite podcasts will thank you 00:30:33.750 --> 00:30:36.410 and you'll be part of something bigger than just 00:30:36.410 --> 00:30:46.630 passive consumption. Noster's apps, deciphering 00:30:46.630 --> 00:30:49.730 the enigmatic phenomenon, reshaping podcasting 00:30:49.730 --> 00:30:53.230 landscape. Noster's apps have taken the podcasting 00:30:53.230 --> 00:30:55.890 industry by storm, leaving many perplexed yet 00:30:55.890 --> 00:30:58.380 intrigued. It's a new approach to sponsorship 00:30:58.380 --> 00:31:00.599 that has turned traditional models on their heads. 00:31:01.099 --> 00:31:03.660 Instead of advertisers paying podcasters to promote 00:31:03.660 --> 00:31:06.700 their products or services, listeners voluntarily 00:31:06.700 --> 00:31:09.440 contribute directly to the podcasters, showing 00:31:09.440 --> 00:31:11.799 their support and recognizing the value they 00:31:11.799 --> 00:31:15.299 receive. This innovative sponsorship model empowers 00:31:15.299 --> 00:31:18.119 podcasters to maintain their creative independence 00:31:18.119 --> 00:31:20.819 while fostering a deeper connection with their 00:31:20.819 --> 00:31:24.269 audience. No longer reliant on the whims of advertisers, 00:31:24.970 --> 00:31:27.730 podcasters are free to deliver authentic content 00:31:27.730 --> 00:31:30.950 and pursue their passions. In turn, listeners 00:31:30.950 --> 00:31:32.930 feel a sense of ownership over the shows they 00:31:32.930 --> 00:31:35.809 support, knowing that their contributions directly 00:31:35.809 --> 00:31:38.650 contribute to the podcast's longevity and growth. 00:31:39.750 --> 00:31:41.950 Unveiling the intricate web of value -for -value 00:31:41.950 --> 00:31:48.839 podcasting, a paradigm shift for listeners. Podcasting 00:31:48.839 --> 00:31:51.000 is a paradigm shift that puts the value exchange 00:31:51.000 --> 00:31:53.359 between podcasters and listeners at the forefront. 00:31:54.000 --> 00:31:56.380 It's a model that encourages listeners to determine 00:31:56.380 --> 00:31:59.079 the value they receive from a podcast and contribute 00:31:59.079 --> 00:32:01.880 accordingly. This unique arrangement allows for 00:32:01.880 --> 00:32:04.720 a more equitable distribution of resources and 00:32:04.720 --> 00:32:06.980 rewards content creators for their dedication 00:32:06.980 --> 00:32:10.559 and talent. V4V podcasts don't just encourage 00:32:10.559 --> 00:32:13.319 financial contributions, but also active engagement 00:32:13.319 --> 00:32:16.059 and support from listeners. It's about fostering 00:32:16.059 --> 00:32:19.039 a sense of community and participation. Leaving 00:32:19.039 --> 00:32:21.500 positive reviews, sharing episodes with friends, 00:32:21.980 --> 00:32:24.599 or discussing the content on social media all 00:32:24.599 --> 00:32:28.200 contribute to the success of the podcast. This 00:32:28.200 --> 00:32:30.740 reciprocal relationship nurtures a loyal and 00:32:30.740 --> 00:32:33.180 dedicated fan base that drives the growth and 00:32:33.180 --> 00:32:36.420 sustainability of the show. Unraveling the puzzle 00:32:36.420 --> 00:32:39.859 of Noster's apps. Unlocking the true value exchange 00:32:39.859 --> 00:32:42.920 in podcasting. While Noster's apps represent 00:32:42.920 --> 00:32:45.960 a novel approach to podcast sponsorship, it's 00:32:45.960 --> 00:32:48.119 important to understand the true value exchange. 00:32:48.619 --> 00:32:51.799 It goes beyond monetary contributions. Noster's 00:32:51.799 --> 00:32:54.319 apps serve as a tangible expression of appreciation 00:32:54.319 --> 00:32:56.740 and support from listeners to the podcast and 00:32:56.740 --> 00:32:59.640 its host. Noster's apps are a testament to the 00:32:59.640 --> 00:33:01.819 meaningful impact podcasts have on listeners 00:33:01.819 --> 00:33:05.119 lives. They acknowledge that the content and 00:33:05.119 --> 00:33:07.339 experiences delivered through these shows hold 00:33:07.339 --> 00:33:10.609 significant value and deserve recognition. The 00:33:10.609 --> 00:33:13.349 value exchanged is not solely transactional, 00:33:13.589 --> 00:33:16.170 but rather an emotional connection and appreciation 00:33:16.170 --> 00:33:18.130 for the creators and the community they have 00:33:18.130 --> 00:33:21.349 nurtured. Conclusion Nostr's apps and value for 00:33:21.349 --> 00:33:24.329 value podcasting have revolutionized the traditional 00:33:24.329 --> 00:33:27.029 sponsorship model by prioritizing the direct 00:33:27.029 --> 00:33:29.349 connection between podcasters and listeners. 00:33:29.950 --> 00:33:32.269 These phenomena have empowered podcasters to 00:33:32.269 --> 00:33:34.630 create content true to their vision and fostered 00:33:34.630 --> 00:33:37.619 a loyal fan base. Simultaneously, listeners are 00:33:37.619 --> 00:33:40.599 given the opportunity to actively engage, support, 00:33:40.960 --> 00:33:43.059 and contribute to the podcasts they cherish. 00:33:43.700 --> 00:33:46.180 As the podcasting landscape continues to evolve, 00:33:46.680 --> 00:33:49.559 Noster's apps and V4V podcasts pave the way for 00:33:49.559 --> 00:33:52.000 a more collaborative and equitable future. Please 00:33:52.000 --> 00:33:55.059 support us on Fountain .com, NosterBuild, Spotify, 00:33:55.680 --> 00:34:00.420 Amazon Music, RSS .com, Pandora, Samsung Podcasts, 00:34:00.619 --> 00:34:04.660 Apple iTunes, iHeartRadio, and many more by adding 00:34:04.660 --> 00:34:08.059 a like, share or subscribe for the Bitcoin Street 00:34:08.059 --> 00:34:10.659 Journal. Thanks for listening and your support. 00:34:28.840 --> 00:34:31.960 In today's episode, we covered a wide range of 00:34:31.960 --> 00:34:34.659 topics, including Adam Bach's bet on Bitcoin, 00:34:35.260 --> 00:34:37.460 the exciting collaborations in the crypto music 00:34:37.460 --> 00:34:40.000 scene, and the latest developments in the world 00:34:40.000 --> 00:34:43.159 of Ethereum. We also discussed recent news in 00:34:43.159 --> 00:34:46.400 the crypto industry, including plagiarism accusations, 00:34:47.059 --> 00:34:50.179 the rise of NFT tickets, and the potential impact 00:34:50.179 --> 00:34:53.219 of crypto supporters in politics. Furthermore, 00:34:53.719 --> 00:34:57.219 we explored the revival plans for FTX's CEO, 00:34:57.519 --> 00:35:00.599 the growing investments in AI, and the unfortunate 00:35:00.599 --> 00:35:03.280 loss in a crypto scam. Additionally, we touched 00:35:03.280 --> 00:35:05.699 on various updates in the crypto market from 00:35:05.699 --> 00:35:08.800 bot strategies to stable coin deposits and the 00:35:08.800 --> 00:35:11.420 impact of hyperinflation. We also highlighted 00:35:11.420 --> 00:35:13.840 the innovative sponsorship models revolutionizing 00:35:13.840 --> 00:35:16.239 the podcasting industry. Thanks for listening 00:35:16.239 --> 00:35:18.519 to today's episode. I'll see you guys at the 00:35:18.519 --> 00:35:20.300 next one. And don't forget to subscribe.