EP 762 - The Retarded Episode BAD NEWS for Jan 29 2025

11 snips

Jan 30, 2025

Dive into the chaotic blend of politics and crypto as SEC reforms allow new opportunities. Discover the buzz around AI advancements like DeepSeek shaking up the market. Celebrate Ross Ulbricht's pardon and its ripple effects on the crypto landscape. Explore the evolving crypto regulation scene and a pro-crypto push in the U.S. amid market fluctuations. Last but not least, witness the rise of governance tokens and the intriguing implications for digital ownership in gaming. It's a wild ride through the ups and downs of the crypto world!

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ANECDOTE

Ross Ulbricht Pardoned

Ross Ulbricht, Silk Road's operator, received a full pardon from President Trump.
He was imprisoned since 2015, serving two life sentences plus 40 years.

ADVICE

Abandoned Bitcoin Wallets

Wallets abandoned by Ross Ulbricht when imprisoned still hold millions in Bitcoin.
It's estimated to be worth up to $47 million.

INSIGHT

Bitcoin Accounting Rules Change

Michael Saylor successfully lobbied for accounting rule changes regarding Bitcoin.
Banks can now hold Bitcoin on their books as intangible assets.

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