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The Bad Crypto Podcast

Microstrategy Owns ½ Percent of All Bitcoin - Bad News For June 24th

The Bad Crypto Podcast

Joel Comm and Travis Wright

Tech News, Business, News, Technology, Investing

4.71.2K Ratings

🗓️ 25 June 2021

⏱️ 67 minutes

🧾️ Download transcript

Summary

Bitcoin Microstrategy

Transcript

Click on a timestamp to play from that location

0:00.0

Bitcoin is bounced back $5,000 on some news or rumors or whatever.

0:05.7

Microstrategy now owns over 100,000 Bitcoins, and Chris John Carlo, former chairman of the CFTC,

0:13.9

says the US risks becoming backwater without essential digital currency.

0:19.4

One Ethereum options trader lost $3 million in a trade gone bad, and that's just a few of

0:25.4

many stories we'll be covering today. In a special Crypto Spotlight segment,

0:29.6

we feature the free ton project. You'll discover the good that has come from the SEC's shutdown

0:36.0

of the telegram ton, ICO. But first, we wish to note that we do today's show with heavy hearts.

0:42.8

News broke on Wednesday that software pioneer and friend of this show, John McAfee,

0:47.8

has died at the age of 75. Today's moment of silence in the upcoming gap is dedicated to

0:54.1

Johnny, with nothing but love and sympathy for his wife, Janice. This is our bad news episode

1:00.5

number 526 of the Bad Crypto Podcast.

1:11.6

And welcome to the Bad Crypto Podcast. The show for the crypto curious and crypto serious,

1:32.4

and we do indeed have heavy hearts today to learn that. John McAfee allegedly has committed

1:39.9

suicide in a prison in Barcelona. Yeah, very sad times. We've interviewed John four times on

1:47.2

episode 100, 200, 300, and then almost episode 400, because he was about to head out somewhere,

1:54.7

and we wanted to make sure that we could get him back on the show. Great guy had a lot of great

2:00.2

interviews with him. And I think we're going to do an episode remembering John McAfee with some of

2:08.0

the highlights of those episodes, right, Joel? Yes, we are going to be doing a special tribute show.

2:13.6

We've got a few bad aciders that are going back and listening to the four episodes we did,

2:18.9

pulling out some really interesting stuff. I know you found some interesting tweets, and we're going

2:24.0

to talk about that in a special episode that will be coming out soon. But the main news,

2:31.0

according to this article on coin telegraph, Spanish International News Agency, EFE,

...

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