Pivot The crypto-surge, Bernie Madoff's dark legacy, and a question on Russia slowing Twitter
Apr 16, 2021
The discussion kicks off with the recent surge in cryptocurrencies, highlighting the buzz around Bitcoin and Dogecoin. There's a deep dive into Bernie Madoff's dark legacy, including chilling insights from an interview with him. The conversation shifts to Russia's strategic maneuvers regarding Twitter, raising questions about government oversight of social media. Finally, there's a lean into predictions for Alibaba and the broader implications of cryptocurrencies on national stability.
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Get Vaccinated
- Get vaccinated against COVID-19; it's the best trade-off for your health and safety.
- Encourage others to get vaccinated to reach herd immunity and protect the community.
Decline of Movie Theaters
- Movie theaters, like malls, have had their moment and are declining.
- The pandemic has accelerated this trend, and iconic theaters like Arclight are closing.
Scott's Coinbase Mishap
- Scott Galloway bought Coinbase stock at $381, then sold at $330, losing money on his first crypto investment.
- He views this experience as a lesson on the misleading nature of reference prices in direct listings.