In brief
Thanks @joerogan for mentioning me on the show and for the kind words. I like the new studio!
I hope you didn't lose the bitcoin I gave you... 😉
— Andreas ☮ 🌈 ⚛ ⚖ 🌐 📡 📖 📹 🔑 🛩 (@aantonop) September 8, 2020
$102,509.00
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-4.43%Reading
Adam Curry gave a stark warning as he spoke on the Joe Rogan Experience—the popular podcast hosted by American comedian Joe Rogan—on Tuesday. And he offered some kind of a solution.
“The apocalypse is coming, and you’re gonna need a Bitcoin. At least one,” Curry told Rogan.
Curry, who heralded Bitcoin back in 2011 (he’s a self-confessed believer) and even dabbled in mining the then-obscure asset, said that holding Bitcoin was a better bet than storing money at traditional banks.
Thanks @joerogan for mentioning me on the show and for the kind words. I like the new studio!
I hope you didn't lose the bitcoin I gave you... 😉
— Andreas ☮ 🌈 ⚛ ⚖ 🌐 📡 📖 📹 🔑 🛩 (@aantonop) September 8, 2020
He noted that even startups from Silicon Valley were similarly competing against banks by providing their own lucrative deals, such as negative interest rates that pay the customer to take a loan.
Rogan had previously fielded an advertisement for Bitcoin wallet app Cash App on his show in August, hosted Morgan Creek Digital partner Anthony Pompliano and was once gifted a whole Bitcoin by Bitcoin educator Andreas Antonopoulous. But despite all of that, he still had some outright reservations.
A fake Joe Rogan crypto scam just bagged a Bitcoin. According to Whale Alert, a Twitter bot that posts unusual (and typically very large) crypto transactions, a “fake giveaway scam” today earned 1 Bitcoin, or around $9,300. 🚔 A payment of 1.0 #BTC (9,195 USD) was just made to a Confirmed Fake Giveaway scam!https://t.co/TIDZIaogL7 — Whale Alert (@whale_alert) July 6, 2020 As bait, the scammers used Joe Rogan, the DMT-loving, weed-smoking libertarian podcast host and comedian with 8.9 million s...
“Here’s the question about Bitcoin. Why can’t a competing cryptocurrency (arise)? And isn’t there some sort of manipulation we have seen with all the other (crypto) currencies,” said Rogan.
But Curry held out Bitcoin’s long-standing position in the crypto market to answer that. “Ten years...and Bitcoin has been the only one you can not manipulate. All other coins are based off of it,” he said.
Curry also cited the rampant inflation of the US dollar in the past decades as a reason. He told Rogan, as an example, that one could purchase a new truck back in the 1970s for $5,000, but that money may not be enough for the same product now. And unlike the dollar, Bitcoin’s value has only gained.
But Rogan didn’t seem convinced.
Texas sheriffs used power tools this week in retrieving $32,000 from a Bitcoin ATM after a Jasper County family said they were scammed out of funds, according to local law enforcement. The family said it had lost $25,000 to the fraudsters. An image shared by the Jasper County Sheriff’s Office on Facebook shows sparks flying as an official uses what appears to be a circular saw to crack into a Bitcoin Depot kiosk. Other images show stacks of hundred dollar bills, evidence bags, and a gas station...
The price of Bitcoin was little changed on Friday as U.S. Federal Reserve Governor Christopher Waller argued that the U.S. central bank could start lowering interest rates as early as July. Bitcoin was recently changing hands at $104,300, flat over the past day and down 0.6% since Israel and Iran began exchanging missile attacks a week ago, according to crypto data provider CoinGecko. Ethereum was flat over the past 24 hours to trade just around $2,500, while Solana ticked up slightly. With infl...
USDC issuer Circle was buoyant in pre-market trading Friday, climbing above $236 ahead of the opening bell. That put it ahead of the $235 price target set by Wall Street research firm Seaport Global, which initiated coverage of the company today with a buy rating. But once the bell rang, the company's stock, which trades on the NYSE under the CRCL ticker, settled and is currently changing hands around $228, or 14% higher than its previous close. Seaport announced that it was initiating coverage...