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Bitcoin is considered the best crypto asset, with no second best. The speaker emphasizes that there is only one crypto asset worth mentioning, which is Bitcoin.

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I sold all my Bitcoin because I don't trust it anymore. The mainstream adoption is a red flag. When whales start selling, it will crash, freezing retail trading. The system is rigged, and big investors control it. I made money and left. It's sketchy. Get out unless you can afford to lose. Don't gamble with essential money. Stay safe. Peace.

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The tokenized stocks offering on ftx.com is only available for international users and is backed by a regulated German broker dealer. Each token represents a share of the corresponding stock, which is always held with the broker dealer. While users can convert the token to a physical share and transfer it through the broker dealer, most people prefer to buy and sell the tokens without changing the stock's location. The trading volume for these tokens is currently low, likely due to the majority of interest in US stocks coming from the US. There are plans to allow non-US customers to onboard with the broker dealer in the future. The stocks are held by the German broker dealer, not in Switzerland, and cannot be lent out for shorting.

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Automate investing in minutes and upgrade to a modern investing experience. The platform offers access to proven strategies and real-time tracking. It allows users to automate investing without manual trades, coding, or performance validation.

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Automate investing in minutes and upgrade to a modern investing experience. Current methods involve manual trades, lack automation, and lack performance validation. The new approach offers access to proven strategies and real-time tracking. It requires no code.

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Sam Bankman Fried's FTX, often referred to as the JPMorgan of our time, has significantly reduced everyone's margin and lowered transaction fees by 50% in the industry. This remarkable achievement can be attributed to Sam Bankman Fried's influence and efforts.

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The Justice Department has obtained felony guilty pleas from Binance, the world's largest cryptocurrency exchange. The speaker emphasizes that it is pronounced "Binance" and highlights its significance in various regions. They reiterate multiple times that it is Binance and urge others to try it.

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You shouldn't buy Dogecoin, but rather sell it now that it has reached 42¢. Bitcoin is a recommended investment as it is a core part of a portfolio and widely adopted by institutions. Ethereum is likely to be the winner in powering new businesses and ecosystems, although there are other contenders. DeFi coins function like equities and can generate dividends based on usage. Coins like Litecoin, BSV, Bitcoin Cash, and XRP are considered inferior and akin to Ponzi games. While it's possible to make money in these coins during market hype, it's not advisable for non-professionals to short them.

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The tokenized securities for GME on ftx.com are backed by a German broker dealer, with each token representing a GME share held by the broker dealer. While users can convert tokens to shares through the broker dealer, most prefer to trade tokens. However, trading volume is low due to US stock market dominance. Despite being an exciting product, the preference for physical shares limits its impact.

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Exciting changes are on the horizon for social media, with a significant reinvigoration expected over the next four years. This transformation will extend beyond platforms like X to others as well. Additionally, the crypto market is poised for a resurgence. The intersection of AI and crypto is particularly noteworthy, as the rise of numerous AI agents will create a need for an economic system. Crypto, with its programmable money and efficient transaction processing, is seen as the ideal solution for this emerging economy. The potential impact of the crypto-AI relationship could be substantial.

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Speaker 0: Nearly two weeks into this conflict, the official story is cracking, and the number of Americans wounded is slowly coming out. Yesterday, we reported based on our sources that the number of American wounded was at least one hundred and thirty seven. After our report ran, the Pentagon has now publicly acknowledged about one hundred and forty wounded. That confirms our sources on this. So why did it take a little news show like ours to report this information? Why wasn't Fox News reporting this information? The Pentagon I know it's really weird. Why is the mainstream media silent on this? The Pentagon finally comes out and actually admits to this. Speaker 1: Reuters comes out and reports this. Exclusive. As many as one hundred and fifty US troops wounded so far in Iran war. They just published this today, this morning. March 10. That's remarkable. Exclusive. Just curious how that's an exclusive when we reported it yesterday. Yesterday. Whatever. Hey, Reuters. Bite me. Anyway, this war is clearly not winding down no matter what the messaging says. President Trump is saying the war could end very soon. But Iran says talks with The United States are off the table for now. Tehran is prepared to keep striking as long as it takes. And they're vowing an eye for an eye. So what is an eye for an eye actually mean? Does it mean you hey, you killed our leader. We kill yours? Does it mean, hey, you killed all these girls who were the daughters of members of the the Iranian Navy at a girls school, do we also do that to you? Like, what is actually does that look like? Speaker 0: Does it mean we took out your water infrastructures or you took out ours? So we do that. Right. Your gas infrastructure, civilian infrastructure, that's that's a war crime. But we did it. Your oil infrastructure, we do that. Like, what exactly does that look like? Meanwhile, the Strait Of Hormuz is getting worse by the minute. US intelligence tracking Iranian mine laying threats now as Gulf energy infrastructure there is taking a major hit with about 1,900,000 barrels per day of refining capacity across Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia, and The UAE. All down. CBS now says shipping through the Strait Of Hormuz has ground to a virtual halt. Nothing getting through. That's of just a few minutes ago. And Israel's hammering Beirut's southern suburbs and Lebanon. So they've essentially invaded Lebanon. Speaker 2: And then there's the neocon political class in Washington saying the quiet part out loud. Senator Lindsey Graham is now openly talking about, you know, going back to South Carolina to tell the sons and daughters in South Carolina, you know, you gotta send your loved ones to the Middle East. That's what I'm doing here in South Carolina. I gotta tell them to go fight in the Middle East, and he's calling on other Middle East countries that have been sitting on the fence that we've supported over the years as allies. Get off the fence. Go bomb Iran. Help out with Iran. And, oh, by the way, Spain, we're pissed off at you because you don't want us using your air bases or airspace to bomb Iran. Listen. Speaker 0: To our allies step up, get our air bases out of Spain. They're not reliable. Move all those airplanes to a country that would let us use them when we're threatened by a regime like Iran. To our friends in Spain, man, you have lost your way. I don't wanna do business with you anymore. I want our air bases our air bases out of Spain into a country that will let us use them. To our Arab friends, I've tried to help you construct a new Mideast. You need to up your game here. I can't go to South Carolina and say we're fighting and you won't publicly fight. What you're doing behind the scenes, that has to stop. The double dealing of the Arab world when it comes to this stuff needs to end. I go back to South Carolina. I'm asking them to send their sons and daughters over to the Mideast. What I want you to do in The Mideast to our friends in Saudi Arabia and other places, step forward and say this is my fight too. I join America. I'm publicly involved in bringing this regime down. If you don't, you're making a great mistake, and you're gonna cut off the ability to have a better relationship with The United States. I say this as a friend. Speaker 1: Ugh. He's an odious friend. Speaker 0: Say this as a friend. Speaker 3: With friends pick up a gun and go fight yourself, you coward. Yeah. I freaking hate that. But you're calling so, like, bluntly for somebody else to go die for his stupid cause. Speaker 0: Yeah. Speaker 1: I am so curious about this. I mean, he's a liar. But how many people in South Carolina are really walking up to him and saying, who are we gonna get to fight with us? Who are we gonna get to fight Iran? Worried about this. My son can go, but who's going with him? Let's make some war playdates. Who does that? Speaker 0: Larry Johnson is a former CIA analyst, NRA gun trainer, and, he's been looking at all of this and doing some incredible writing over at his website, Sonar twenty one. Larry, thank you for joining us. Great to see you back on the show. Speaker 4: Hi, guys. Good to see you. Speaker 0: So I wanna talk about the American war wounded first because Mhmm. I know that this is, near and dear to your heart and, of course, something that you've been watching, closely. And the lies, of course, that are coming out about this. Again, I spoke to sources over the past forty eight hours that were telling us here at Redacted about 137 Americans wounded. Then the Pentagon comes out and then confirms about a hundred and forty. So right pretty much right on the nose. And does that number sound low to you? Or does that sound about right? Speaker 4: That sounds a little low. So on March 4, let's go to Germany. Stuttgart, just North West of Germany, there is a hospital called Landstuhl Regional Medical Center. Landstuhl's primary mission is to handle American war wounded. On March 4, they issued a memo telling all the pregnant women that were about to give birth that, sorry, don't come here. We're not birthing any more babies. We gotta focus on our main mission. So that was the first clue that there was there were a lot of casualties inbound. I know, without mentioning his name, somebody who was involved dealing with the combat casualties during the wars in Afghanistan and Iraq, and he dealt with the personnel at Lunstul. And he called someone up and said, can't say anything, but there's a lot of casualties. Then 13 miles to the east of Landstuhl is an army base called Kaiserslautern. Kaiserslautern and the Stars and Stripes issued for that base had an appeal, a blood drive appeal. Hey. We need lots of people to show up and donate blood. So those that was on March 5. So I wrote about this March 6. So I wrote about this four days ago, that, yeah, we had a lot more casualties, and there are more coming, because Iran's not gonna stop. You know, right now, we're getting signals that the Trump administration is reaching out, trying, oh, hey, let's talk, let's talk cease fire. Iran's having none of it. They've been betrayed twice by Donald Trump and his group of clowns. Speaker 0: Right. Speaker 4: You know? And and so they're not ready to say no. No. They've got the world, by the testicles is the polite way of saying it, withholding the Strait Of Hormuz. They've shut down the movement of not only oil, liquid natural gas. They're the supplier of about 25%, 25 to 30% of the world's liquid natural gas, and, about 30%, 30 to 35% of the world's urea, which is used for fertilizer. Now, that may not I just learned that that may not be as important as I once thought it was because most of it comes out of Oman. Oman, you don't have to worry about things going through the Strait Of Hormuz. But on oil and liquid natural gas, huge. 94% of The Philippines depended upon the flow of gas, both liquid and the petroleum oil, out of the Persian Gulf. India, 80%. Japan, South Korea. So this is gonna have a major impact on certain economies in the world. Now there there I I I've said this ironically. I I think Vladimir Putin's sitting there going, maybe Donald Trump really does like me, because what he's done is he's making Russia rich again in a way I mean, they're getting, you know, they were selling they were forced to sell their oil previously under sanctions at, like, $55 a barrel. Now they're getting $88.90 dollars a barrel. Well, and they just opened it up to India. I mean, that story over the past forty eight hours, like, so they The United States has eased its restriction on Russian oil flowing to India. I mean, talk about an absolute disaster. Speaker 4: Well, yeah. And remember what had happened there is India was playing a double game too. You know, bricks India is the I in bricks, and Iran is the new I in bricks. And so what was India doing? Well, India was pretending to play along with The United States, but then going to Russia and saying, hey, Russia. Yeah. We'll buy we'll buy your oil, but we needed a discount because we're going against the sanctions, and we need to cover ourselves. So Russia said, okay. As a BRICS partner, we'll let you have for $55 barrel. So they got a discount. So now when all of a sudden the the the oil tap is turned off, including the liquid natural gas, India goes running back to Russia. Now remember, on, February 25-26, India was in Israel buttering up the rear end of BB, Net, and Yahoo, kissing rear end all they could. Oh, man. It was a love fest. We're partners with Israel. And then Israel attacks their BRICS partner. And what does India say? Nothing. Zero. They don't say a thing about the murdered girls. So now all of a sudden, the oil's turned off. It's nine days now with no oil coming out of there for India. They go running back to Russia. Hey, buddy. Let's let's get back together. And Russia says, sure. That's great. But it's gonna cost you $89 now a barrel. No more friends and family program. Gonna get market conditions. Speaker 0: We've had many journalist friends that have had their bank accounts shut down. We were literally in the middle of an interview with a great journalist from the gray zone who found out that his banking was just shut down. Literally, in the middle of an interview, he got a message that his banking was shut down. Well, Rumble Wallet prevents that, because Rumble can't even touch it. No one can touch it. Rumble Wallet lets you control your money, not a bank, not a government, not a tech company, not even Rumble can touch it. It's yours, only yours, yours to protect your future and your family. You can buy and save digital assets like Bitcoin, Tether Gold, and now the new USA USA app USAT, which is Tether's US regulated stablecoin all in one place. Tether Gold is real gold on the blockchain with ownership of physical gold bars, and USAT keeps your money steady against inflation. No banks needed. It's not only a wallet to buy and save, but it also allows you to support your favorite creators by easily tipping them if you want with the click of a button. There'll be no fees when you tip our channel or others, and we actually receive the tip instantly unlike other platforms where we have to wait for payouts. So support our show today and other creators by clicking the tip button on our Rumble channel. Speaker 1: Now I wanna ask you about president Trump responding to CBS News reports that there may be mines in the Strait Of Hormuz. That doesn't make a ton of sense. He says we have no indication that they did, but they better not. But they are picking and choosing who gets to go through, and their allies can go through. So why would they mine their allies? What do we make of this? Do we need to respond to this at all? Speaker 4: Yeah. I don't think they've done it yet. But let's recall the last time Iran mined the Persian Gulf. They didn't mine the Strait Of Hormuz. They mined farther up. It was 1987, 1988. Why did they do that? Well, in September 1980, when Jimmy Carter and Zbigniew Brzezinski were still in office, The United States encouraged a guy named Saddam Hussein, don't know if you've ever heard of him, but they encouraged Saddam Hussein to launch a war against Iran. And then Ronald Reagan comes in with Donald Rumsfeld and Cap Weinberger, and by 1983 had provided chemical weapons, or the precursors that Iraq needed to build chemical weapons, and Iraq started using chemical weapons against Iran in 1983 and continued to do it in '84, 85, 86. During that entire time, Iran never retaliated with chemical weapons. They were not going because they saw it as an act against God. They were serious about the religion. So 'eighty seven, 'eighty eight, they start dropping mines there in the Persian Gulf. Well, at that time, they didn't have all these missiles, so the United States Navy, a Navy SEAL, a good friend of mine, set up what was called the Hercules barge, and he had a Navy SEAL unit with him, and they fought off attacks by Iranian gunboats. He had some Little Bird helicopters from the one sixtieth, the special operations wing of the Air Force. And but we ended up disrupting the Iranian plan to mine The Gulf back then. Well, we couldn't do that today. We do not have that capability because Iran would blow us out of the water with drones and with missiles. You as we've seen, it's been happening over the last ten days. So United States would be in a real pickle. Speaker 1: And especially given the rhetoric of US war hawks in power for three decades. Like Yeah. Yes. They kind of had to prepare all of this time. Did we think that they weren't paying attention when we said it to the world? Speaker 4: Well, when we're writing our own press clippings and then reading them, there is a tendency to say, god, I am great. Can you see this? How good we are? And so they really believed that our air def the Patriot air defense systems and the THAAD systems would be they they could shut down the Iranian missiles and drones. And what they discovered was, nope. They didn't work. And they worked at an even lower level than the you know, Pentagon kept foul. We're shooting down 90%.

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Assets with high value should be issued on Ethereum to avoid manipulation or potential failures. Other platforms are less decentralized and can be easily manipulated by their operators. Ethereum provides a more secure and reliable environment for asset issuance.

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The speaker contrasts traditional investing with automation. It opens with the question, 'Still investing the old way? Manual trades, no automation, no performance validation,' highlighting the drawbacks of manual processes and lack of validation. The message then promotes a new approach: 'automate investing in minutes, access proven strategies, real time tracking, no code.' These phrases present automation in minutes, access to proven strategies, real time tracking, and no code as the core benefits. The closing line reinforces the shift: 'Upgrade to a modern investing experience.' Overall, the transcript markets automated investing as a quick, accessible upgrade from manual trading, emphasizing validation, proven strategies, and real time monitoring.

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Monero is significantly undervalued, especially with platforms like XMR Bazaar enabling peer-to-peer transactions exclusively in Monero. As more merchants adopt Monero for payments, its usage and value are likely to increase. To spend Monero, one must first acquire it, making it essential to hold Monero in addition to Bitcoin. Unlike Bitcoin, which lacks privacy, Monero offers enhanced privacy features, making it a more sensible choice for users who value confidentiality in their transactions.

The Pomp Podcast

Pomp Podcast #431: Yoni Assia on eToro’s Incredible Growth
Guests: Yoni Assia
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Yoni Assia discusses eToro, the world's largest social trading network with over 16 million users, allowing commission-free trading of various assets. Founded in 2007, eToro has expanded into the U.S. market, focusing on both retail and institutional services. Following a surge in crypto trading volumes in 2017-2018, eToro built its own infrastructure to facilitate large transactions securely. Institutions are now increasingly interested in crypto, with many evaluating eToro's APIs for integration. Assia notes a shift in perception, with major banks recognizing Bitcoin as a potential store of value amid fiat currency devaluation. The pandemic accelerated digital transformation, leading to a rise in millennial investors who are actively engaging in markets. Retail investors now account for 25% of market volumes, significantly impacting stock trading behaviors. Assia highlights trends in renewable energy and healthcare investments among millennials. He also discusses the rise of SPACs, likening them to past ICOs, and notes the growing interest in DeFi, particularly staking. Assia emphasizes the importance of education in investing, citing Warren Buffett's insights on identifying strong companies for long-term returns. eToro has seen record growth this year, with user registrations and revenues significantly increasing.

The Pomp Podcast

SHOCKING: Who's Really Buying Bitcoin?
Guests: Evgeny Gaevoy
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In this episode, Anthony Pompliano interviews Evgeny Gaevoy, founder and CEO of Wintermute, a major player in the crypto market with daily trading volumes between $5 to $10 billion. Gaevoy discusses how traditional financial institutions, like BlackRock and Fidelity, are driving Bitcoin demand, rather than retail investors. He notes that while crypto-native firms are reducing their Bitcoin exposure, traditional firms are increasingly interested in derivatives and complex trading strategies. Wintermute aims to expand into traditional finance, leveraging its expertise in both crypto and traditional markets. Gaevoy emphasizes the importance of OTC desks for discreet trading, especially for altcoins, and highlights the growing interest in Ethereum due to its potential upside. He believes that crypto will merge with traditional finance, particularly through tokenized securities. Gaevoy's competitive spirit drives his ambition to be among the wealthiest, viewing investing as a strategic game. Wintermute's unique position allows it to navigate both crypto and traditional markets effectively.

The Pomp Podcast

Bitcoin EXPLODES To All Time High!
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In this episode, Anthony Pompliano discusses Bitcoin's recent all-time high of $123,000, attributing its rise to factors like increased global liquidity and a generational preference for volatility. He highlights the significant inflows into Bitcoin ETFs, particularly a record $1.2 billion, and the favorable regulatory environment for Bitcoin custody by banks. Pompliano emphasizes that retail investors are outperforming institutions, with $155.3 billion invested in stocks and ETFs in the first half of 2025, showcasing a shift in market dynamics. He critiques traditional investment philosophies, particularly Warren Buffett's, arguing that retail investors are now smarter and more attuned to market trends. The conversation also touches on Jerome Powell and the Federal Reserve's interest rates, suggesting that inflation will rise due to increased money supply rather than tariffs. Pompliano concludes that Bitcoin's future is bright, predicting its continued ascent as it becomes a mainstream asset embraced by both retail and institutional investors.

The Pomp Podcast

Nischal Shetty: The Real View of Crypto In India (Off The Chain with Anthony Pompliano)
Guests: Nischal Shetty
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In this episode, Anthony Pompliano interviews Nischal Shetty, founder and CEO of WazirX, a leading crypto exchange in India recently acquired by Binance. They discuss Shetty's journey into crypto, starting with his early experiences with Bitcoin in 2009 and the founding of Crowdfire, a social media management tool. Shetty highlights the disparity in user experience between Indian exchanges and global platforms, which motivated him to create WazirX in 2018. The conversation addresses the current regulatory environment in India, clarifying that while the Reserve Bank of India restricts crypto businesses from having bank accounts, individuals are free to hold and trade cryptocurrencies. Shetty emphasizes the potential for crypto adoption in India, particularly among the youth, and the need for better access to financial services in underserved areas. They also discuss WazirX's innovative peer-to-peer trading model, which emerged as a solution during banking restrictions. Shetty shares insights on the importance of influencer marketing and community engagement in promoting crypto awareness. The episode concludes with Shetty's vision for the future of crypto in India, emphasizing the need for regulatory dialogue and the role of Binance in accelerating adoption.

Conversations with Tyler

Sam Bankman-Fried on Arbitrage and Altruism | Conversations with Tyler
Guests: Sam Bankman-Fried
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Tyler Cowen interviews Sam Bankman-Fried, CEO of FTX and founder of Alameda Research, discussing his unique approach to trading and management. Sam attributes his success to a blend of quantitative analysis and tenacity, emphasizing the importance of navigating messy real-world situations. He relates his gaming background to his professional decision-making, highlighting the need for probabilistic thinking in uncertain environments. Sam notes the increasing significance of regulatory understanding in the cryptocurrency space, as financial regulators now devote substantial time to crypto-related issues. He reflects on his evolution as a manager, recognizing the importance of identifying the right solutions before addressing management disputes. The conversation shifts to effective altruism, where Sam acknowledges the movement's transition from funding constraints to a scarcity of capable coordinators and project drivers. He emphasizes the need for innovative spending strategies to maximize the impact of available funds. Sam expresses a strong interest in pandemic preparedness, citing the failures of the COVID response and advocating for lobbying efforts to secure more funding for this cause. He also discusses his views on life extension and population growth, suggesting that while he finds life extension less pressing, he is open to exploring birth subsidies. Finally, Sam critiques Ethereum's scalability, arguing that it falls short of the requirements for global infrastructure, and discusses the pricing dynamics of cryptocurrencies, emphasizing the role of memes and social factors in valuation.

The Pomp Podcast

Roy Niederhoffer of R.G. Niederhoffer Capital: A Billion Dollar Hedge Fund Manager Talks Crypto
Guests: Roy Niederhoffer
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Roy Niederhoffer, a quant hedge fund manager with 25 years of experience, discusses his journey into cryptocurrency, which began in 2011 after reading about Bitcoin in Wired magazine. He highlights Bitcoin's unique value as a form of money with a fixed supply, contrasting it with fiat currencies that have historically faced debasement. Niederhoffer believes that the U.S. faces significant financial challenges, including unfunded liabilities and national debt, which may lead to currency devaluation. He emphasizes the potential of cryptocurrencies as a store of value and an investment opportunity, suggesting that institutions will gradually allocate funds to crypto as they recognize these risks. He also explains futures contracts and their role in managing price volatility. Niederhoffer notes a generational divide in Wall Street's perception of crypto, with younger individuals more likely to embrace its transformative potential. He concludes that while there are risks associated with crypto, such as volatility and regulatory concerns, the opportunity for significant returns makes it an attractive investment.

The Pomp Podcast

Pomp Podcast #338: ByBit CEO Ben Zhou On Building A Leading Derivatives Exchange
Guests: Ben Zhou
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Ben Zhou, co-founder of Bybit, discusses his transition from the retail forex industry to the crypto space. He highlights his experience managing a global forex platform, which informed his approach to building Bybit, aiming to enhance the trading experience for retail clients. Zhou notes that the crypto market was lacking in infrastructure and user experience compared to forex, prompting him to create a more user-friendly platform. He emphasizes the importance of a robust affiliate program, which transformed how influencers promote Bybit, allowing them to track their performance and earnings transparently. Zhou also shares insights on Bybit's mobile app, which has gained significant traction among users, particularly in Asia, due to its convenience and functionality. Looking ahead, Zhou expresses optimism about the crypto industry's growth, particularly in Asia, where adoption is increasing. He believes that DeFi will eventually disrupt traditional financial services, although current users remain loyal to established platforms. Finally, he discusses Bybit's commitment to innovation and expanding its product offerings, including derivatives and options trading.

The Pomp Podcast

Pomp Podcast #389: Sam Bankman-Fried On Capturing Profits In Crypto
Guests: Sam Bankman-Fried
reSee.it Podcast Summary
Sam Bankman-Fried grew up on the Stanford campus in the Bay Area, with parents who were law professors. Initially interested in math and physics, he attended MIT but shifted his focus to quantitative finance, working as a trader at Jane Street Capital. His desire to maximize his impact led him to crypto in late 2017, where he saw significant arbitrage opportunities. Bankman-Fried's unique perspective on wealth stems from his commitment to effective altruism, which emphasizes making money to donate it. He believes in the compounding benefits of accumulating wealth before donating, while also giving enough annually to stay connected to charitable causes. He left Jane Street to explore various paths, ultimately leading him to crypto due to its lucrative potential. He co-founded Alameda Research, a liquidity provider in crypto markets, which began as a trading firm focused on arbitrage. The name "Alameda" comes from its origins in Berkeley, California, while "Research" reflects the analytical work involved in trading. Alameda operates by providing liquidity across various exchanges and markets, including futures and decentralized finance (DeFi). FTX, founded in 2019, emerged from Alameda's recognition of the profitability of exchanges. Initially a derivatives platform, FTX has grown to become one of the largest exchanges, focusing on user experience and product development. Bankman-Fried emphasizes the importance of adapting to market trends, such as the rise of DeFi, which he views as a space with significant potential due to its composability and innovative financial engineering. He also discussed the chaotic nature of DeFi, including the rise and fall of projects like SushiSwap, which faced challenges after its treasury was mismanaged. Bankman-Fried took control of SushiSwap to stabilize it, emphasizing the community-driven nature of such projects. Overall, he balances his time between managing Alameda, FTX, and exploring opportunities in DeFi.

The Pomp Podcast

Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks
Guests: Johann Kerbrat
reSee.it Podcast Summary
The episode centers on Robinhood’s strategic expansion into crypto, tokenization, and AI-enabled trading, with Johan Kerbat explaining how the platform aims to remove friction and broaden accessibility for a diverse set of investors. The conversation covers Robinhood’s 24/7 trading ambitions, the integration of multiple asset classes—stocks, crypto, prediction markets, and futures—and the goal of delivering a unified user experience. Kerbat discusses how AI is being embedded both internally and in customer-facing features, highlighting Cortex, real-time market digests, and the shift toward AI-assisted product development and decision making. The discussion also delves into tokenization strategies, including stock tokens and the EU’s MiCA framework, and contrasts them with the US regulatory environment, while outlining a balance between direct on-chain issuance and derivative structures to maintain scalability and compliance. The hosts probe the competitive landscape, including a noted mimetic dynamic with Coinbase, and explore how L2 infrastructure could support real-world asset tokenization while preserving security and liquidity. The episode also touches on the broader implications for individual and family finance, such as custodial accounts for children, 401(k)-style matches via IRAs, and education around saving and investing, emphasizing Robinhood’s mission to democratize access and empower informed decision-making. The dialogue underscores the ongoing evolution of stablecoins, on- and off-ramp flows, and the potential for AI-driven advisors to complement human judgment, while acknowledging the regulatory guardrails required for AI in financial services. The tone reflects rapid experimentation within a large platform, a focus on customer-centric product design, and a commitment to expanding globally while maintaining practical risk controls in a fast-moving market.

The Pomp Podcast

The Truth About Bitcoin Treasury Companies | Will Clemente
Guests: Will Clemente, Ben Harvey
reSee.it Podcast Summary
In this episode, hosts Anthony Pompliano, Will Clemente, and Ben Harvey discuss the emerging trend of Bitcoin treasury companies, which have accumulated around 725,000 Bitcoin, approximately 3.64% of the total supply. The conversation highlights the capital structures of these companies, including their debt and equity strategies, with a total of about $9.5 billion raised in debt and $3.3 billion in preferred equity. They note that while these companies have a significant impact on Bitcoin's trading volume, averaging 60 basis points, it is less than some might expect. The report emphasizes the growth of Bitcoin per share for companies like MicroStrategy, which has increased 11x since inception. The discussion also touches on macroeconomic factors, including inflation and interest rates, and how they influence Bitcoin's market dynamics. The hosts conclude by emphasizing the innovative financial engineering these companies employ to accumulate Bitcoin, positioning them as key players in the evolving cryptocurrency landscape.

Moonshots With Peter Diamandis

Why Cryptocurrency Is Still Relevant in 2023 w/ Bill Barhydt | EP #32 Moonshots and Mindsets
Guests: Bill Barhydt
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In this episode of Moonshots and Mindsets, Peter Diamandis interviews Bill Barhydt, CEO and founder of Abra, a crypto bank where Diamandis holds his Bitcoin and Ethereum. They discuss the current state of crypto, emphasizing that while many exchanges have failed, the underlying technology of cryptocurrencies like Bitcoin and Ethereum remains robust. Barhydt draws parallels between the early internet and today's crypto landscape, noting that just as the internet faced challenges, so too does crypto, but the technology is evolving rapidly. Barhydt highlights that the failures in the crypto space stem from greed and mismanagement rather than flaws in the technology itself. He believes Ethereum may currently offer more advantages for investors than Bitcoin. He predicts that as the number of Bitcoin wallets grows from 200 million to a billion, the price could skyrocket to a million dollars per coin. The conversation delves into the foundational concepts of crypto, explaining Bitcoin as decentralized money and Ethereum as a platform for smart contracts. Barhydt discusses decentralized finance (DeFi), stablecoins, and NFTs, emphasizing that DeFi is revolutionizing banking by eliminating intermediaries and operating 24/7. Barhydt also addresses the importance of security in crypto banking, explaining how Abra employs traditional risk management practices to protect users. He asserts that while many competitors have failed, Abra remains committed to providing a secure and accessible platform for users worldwide. The discussion concludes with Barhydt sharing his vision for Abra as a global bank that democratizes access to financial services. He encourages listeners to consider crypto as part of their investment strategy, suggesting a balanced approach with allocations to both Bitcoin and Ethereum. He emphasizes the long-term potential of cryptocurrencies as a hedge against inflation and a means to retain value in an increasingly unstable financial landscape.
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