Fed Guidelines for Crypto Banks - Bad News for August 16, 2022

The Bad Crypto Podcast

Joel Comm and Travis Wright

Tech News, Business, News, Technology, Investing

4.7 • 1.2K Ratings

🗓️ 18 August 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

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

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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.

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Transcript

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0:00.0	Bitcoin almost tips 25,000, Ethereum touches 2000, and Celsius has a massive run-up.
0:08.3	Doquan of Teriluna finally breaks his silence of the Fed, has released new guidelines for
0:13.7	crypto banks, and Vitalik says a potential Ethereum fork is not likely to succeed.
0:20.1	They say no news is good news, we say our news is bad news, but it's good in a bad sort
0:27.2	of way.
0:28.8	News, views, and corn, including a new original song called Yes, It's Corn.
0:35.1	On our bad news episode, it's a blep episode, number 629 of the Bad Crypto Podcast.
0:45.3	4, 3, 4, 5, 6, 6, 7, 8, 8, 8, 8, 8, 8, 8, 8.
0:52.7	Booth band!
0:53.9	Welcome to this blep episode. I am Blahjol Blacom. That is Blah-Ravis Blah-Rite over there.
1:17.9	It's Blahj crypto. Oh, this is Blahj crypto. And we have moved into offensive mode.
1:28.9	I'm so glad to be here. You are very, so if you were like, what would Vlad be? What kind of name is Vlad?
1:37.9	That's a Russian name. If we had a Slavic coast, it could be the Vlad crypto podcast. Yeah, he's in a big hurry.
1:48.9	But before we get to it, I just want to say thank you for opening up your home to our friends and fans for the bad crypto 5th anniversary party we had at the Travilla.
2:02.9	Yeah, I was actually there was more people in my pool at one time than I've ever been in my houses at once ever. I've never had I did the math. I don't think I've ever invited more than personally invited more than six people over in my house.
2:19.9	And then was probably 60 people here. So that was way more than usual. Actually, I got a head count. It's 65.
2:27.9	65 different people showed up through 65 of the same person showed up. No, 65 and ago.
2:35.9	Yeah, and a goat. We have a video that Alex Mise filmed on location. It's about six minutes long. You can check it out on our YouTube channel. It is linked in the show notes.
2:47.9	At bad code at I N Ford slash 629 and you can see the festivities that you missed. Thanks to those of you who joined us and thanks to those of you who have supported us at any time during these past five years.
3:02.9	Most shows do not make it anywhere near five years. So that says something maybe just that we have tenacity.
3:12.9	Most shows most podcasts don't need episode seven. They say yeah, yeah, something like that. All right. So we have news for you.
3:21.9	I just say this. I hope you guys are getting row body sounds because I'm getting row body sounds about every minute.
	...

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