The Bad Crypto Podcast

My name is Max. Max Pain. And in case you are wondering if the crypto world has encountered me yet? Some say yes. But some say no. What we know for sure is that Michael Saylor may be in trouble for tax fraud, Crypto.com accidentally transferred more than $10 million dollars to a customer, and Samsung hopes to open a crypto exchange in Korea next year.  There are predictions and prognostications on what happens next with Bitcoin and the crypto market from experts, so-called experts and wanna-be experts. All I can tell you is you don’t want to meet me in a dark alley behind the exchange. You’re better off meeting those clowns from that horrible podcast. Take your chances with Joel and Travis on this bad news episode #631 of The Bad Crypto Podcast. Full Show Notes at: badco.in/631 Time Stamps:  00:00 Intro 03:40 Crypto market cap05:00 - What’s the Bitcoin magic number? 06:15 - Bitcoin could become a zero emission network, according to a report. How much does it cost to print printing press money, when printing presses go “brrrrrrr” and print money out of thin air? 07:05 - Harnessing stranded methane gas into mining power. Basically, when they can siphon cow farts, Bitcoin will be carbon neutral. 08:23 - Travis read that by the year 2046 - like every 12,068 years there is some sort of big massive die-off on the planet - and we’re 24 or 26 years away from that. But how can you even determine that? How do you know? 09:00 - There’s a link I followed from that story in the show notes; banking uses 56x more energy than Bitcoin, exposing the banking system as energy hungry, demonstrating Bitcoin is better for the planet and offers a million times more efficiency than the regular banking system. 11:11 - Travis shares his real life human 404 error experience with his car registration and tire repair in Puerto Rico; an example of the inefficiency of government. 13:04 - Bitcoin expert price predictions; depending on who you speak with. What are the things that are causing Bitcoin’s price movement? Well, the Federal Reserve, inflation, money printing. 14:04 - Bitcoin hasn’t been over $50k since Christmas 2021. BUT Bitcoin is still twice as valuable as it was two years ago. 14:43 - Crypto goes up, crypto goes down.All the news links in the FULL SHOW NOTES: badco.in/631SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotifyFOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

Ethereum is the second biggest thing in crypto, and it may one day flip Bitcoin in market cap. But the big news around Vitalik’s creation is the upcoming switch from proof-of-work to proof-of-stake. We have questions and concerns about this major change in how the Ethereum chain will operate.  So today we welcome Matt Cutler of Blocknative to the show to answer all our questions about the Ethereum merge. Someone call 911 because it’s an Ethmergency on episode #630 of The Bad Crypto Podcast. Full Show Notes at:  00:00 - Intro - Twitter and jokes; don’t miss 08:02 - Matt Cutler, CEO of Blocknative 08:43 - A pre-chan internet? Is that possible? Matt gives his history in the technology space 09:40 - What is Blocknative?  11:03 - When did you get on board with blockchain and crypto?  12:25 - Early introduction to the Internet, and a comparison to the current early cryptocurrency market and adoption.  14:18 - What’s broken with Ethereum that we even need to move from POW to POS?  15:12 - We need more scalability for transactions beyond the current 13-14 transactions per second. Matt explains.  16:50 - In order to get to a future state without sacrificing decentralization, Ethereum determined it would be best to move from POW to POS.  17:25 - In a POW system, you need to operate computers to solve problems on the network, which also require large amounts of energy to operate. Externalities include the conversion of cryptocurrency to fiat to afford operating the system. These are problems proof-of-stake can solve. 18:45 - Reduced energy impact of operating the network is a benefit. 19:45 - What is the easiest, dumbed down way to explain the Ethereum Merge?  22:28 - What are we going to see? Are we going to see lower gas fees?  24:48 - Is there going to be a time where the Ethereum miners are going to be upset and earning less money? Will that cause people to flock to Ethereum Classic? 28:51 - Miles Sudor makes the case this merge is extremely dangerous for some of the reasons you mentioned, including UDC basically decides which chain wins and which chain loses. All of this introduces due to the OFAC regulation that base layer protocol censorship would be introduced on Ethereum, meaning very centralized crypto, which is not what Ethereum was intended to be. What are your thoughts on that?  36:41 - According to my research, there are over 4,000 ERC-20 tokens. What about those tokens? Will the Merge be noticeable to them? Will they have to upgrade their tokens?  42:32 - Let’s play a game here, and I want you to think about a nightmare scenario. What is the worst thing that could happen if everything goes belly-up here?  43:30 - The nightmare scenario for any chain - Bitcoin, Ethereum - is that the network stops producing blocks. 45:18 - This is a big event in technology.  45:55 - What’s the best case scenario? People are saying this is like a triple-halvening.  49:25 - What is Vitalik saying about the Merge?  49:50 - What should people be thinking about doing now, because if it is proof of stake, where and how should we be staking our Ethereum to earn other Ethereum? What are the parameters around that and how does that work?  51:00 - How do people stake?  01:00:00 - Outro with Joel’s golf story  SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY   DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

Do Kwon talks, Fed guidelines for crypto banks, Tornado Cash developer arrest in Bad News for August 16, 2022 Bitcoin almost tips $25,000. Ethereum touches $2000. And Celsius has a massive run-up. Do Kwon of Terra Luna finally breaks his silence. The Fed has released new guidelines for crypto banks. And Vitalik says a potential Ethereum fork is not likely to succeed. They say “no news is good news”. We say “our news is bad news… but it’s good. In a bad sort of way.”  News, views and corn, including a new original song called “Yes, it’s Corn” on our Bad News episode #629 of The Bad Crypto Podcast.  Full Show Notes at: http://badco.in/629 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.  Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

As blockchain development continues forward, there is a greater need for tools that make it simple for developers to roll out DApps. Some chains are more favorable than others to accomplish this goal, and the creators of Polkadot intend to lead the way. One team taking advantage of PolkaDot’s capabilities is Gear Technologies.  They have created a system that helps developers deploy dapps faster than you can say pneumonoultramicroscopicsilicovolcanoconiosis. We discover the benefits of PolkaDot and you may just discover what that super long word means on episode #628 of The Bad Crypto Podcast.  Full Show Notes at: http://badco.in/411 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY   DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.  Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

One of the subjects that arises again and again in the crypto world is regulation. With so many rug pulls, scams and ways for consumers to lose money in the space, the US Securities and Exchange commission is hard at work attempting to bring about regulation that will help stabilize the space. Today we are delighted to welcome the SEC Commissioner Hester Peirce to the show to answer many of our burning questions. Of course, she can’t talk about pending investigations, but with her stance on crypto, we found the conversation on the government’s role in regulation to be quite refreshing. This show is NOT regulated, but we do like to stay regular. A little bit of fiber goes a long way.  Welcome to episode #627 of The Bad Crypto Podcast. Full Show Notes at: http://badco.in/627 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY   DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

Bitcoin and crypto seem to be finding their legs back again after a brutal downturn.  Is this the beginning of the bull market or just another bull trap? We don’t know. But we do know that Bitcoin and crypto are a global revolution. And we’ve got news from around the world today to discuss this phenomenon. To do so, we are going to bring in our international correspondents to  bring all kinds of flavor to this show. That’s LOLs for those of you who have a sense of humor and “reeeees!” to those who don’t.  Welcome to our cultural appropriation bonanza Bad News episode #626 of The Bad Crypto Podcast.  FULL SHOW NOTES: http://badco.in/626 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

He’s a successful entrepreneur, an early investor in crypto projects, an early adopter of Bitcoin and the host of one of the crypto world’s largest weekly Twitter Spaces.  His name is Mario Nawfal and he’s got an absolutely brilliant accent.  Mario joins us today to discuss the future of Web3, Bitcoin, NFTs and much more. We’re awful. He’s Nawfal. And this is episode #625 of The Bad Crypto Podcast.  Full Show Notes at: https://badco.in/625 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY   DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

Over the years, many have speculated as to the identity of the mysterious Satoshi Nakamoto, the creator of the Bitcoin whitepaper. From Craig Wright to Hal Finney, we’ve entertained many a notion of who this brilliant and elusive genius really is. Today, we may have found the answer. Ivy McLemore is a journalist who has been hot on the trail of Satoshi. The trail has led him to a British man whose name we will reveal in this episode. Ivy methodically provides all the verifiable facts and data surrounding his research in a new book titled “Finding Satoshi”, and today we have him on the show to discuss this controversial topic. Are you ready to examine the evidence for yourself? We’re just the conduit for the messenger on episode #624 of The Bad Crypto Podcast. FULL SHOW NOTES: badco.in/624 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY   DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

What We've Learned in Five Years of The Bad Crypto Podcast Life comes at you fast, and so does crypto. It seems like just yesterday that Travis and I discussed creating a podcast to help regular folks like us understand the emerging blockchain world. And in the blink of an eye, five years have passed. We’re incredibly grateful for the fantastic audience and community that has been created in the Republic of Bad Cryptopia. Going down the rabbit hole has been educational for us, and we hope for you as well. Needless to say, we’ve learned quite a bit about the technology we cover, the people in the space, investing, web3 and so much more. Today, we share our thoughts on some of the things we’ve learned on this journey. I think you’ll discover that five years in, we’re still bad. It’s literally baked into the title of the show on episode #623 of The Bad Crypto Podcast.  Full Show notes: badco.in/623SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

Greetings comrades. This is Vladimir Putin, President of Russia. I am here to tell you that I have banned ze bitcoin from being used as legal tender in Russia. I’m sure this will stop all citizens from using the evil cryptocurrency. I am commandeering this show to tell you more about this very important news, and maybe will also tell you about other news. My plan to eliminate decentralized crypto begins with a hostile takeover of this show. I guess it’s really bad news for Joel and Travis on episode #622 of Bad Crypto Podcast.  Full Show Notes at: http://badco.in/622 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.