‘Monumental Step’ for Blockchain - Bad News for Nov 11, 2022

The Bad Crypto Podcast

Joel Comm and Travis Wright

Tech News, Business, News, Technology, Investing

4.7 • 1.2K Ratings

🗓️ 12 November 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

The new British Prime Minister is pushing for Central Bank Digital Currencies, but down in Africa Nigerians are rejecting their governments’ push for the same. The SEC says Trade Coin Club members are part of a ponzi scheme. And there is big news around the Solana blockchain as a new Google partnership could bring the chain to the masses. Poor Zuck’s Meta may be getting trashed, but Instagram could bring NFTs mainstream.

We salute all our United States Veterans who have fought for our freedoms and dedicate the moment of silence coming up to those who have lost their lives in defense of those freedoms on our Bad News episode #648 of The Bad Crypto Podcast.

Full Show Notes at: http://badco.in/648

TIME STAMPS

00:00 - Intro
02:26 - Prime Minister Rishi Sunak pushes heavily for CBDCs; Joel and Travis outline the risks of CBDCs.
08:00 - Nigerians own and trade cryptocurrency
12:37 - SEC charging Trade Coin Club founding members with operating a $295mln ponzi scheme
14:56 - Google is launching a blockchain node engine with Ethereum as the first supported blockchain
18:44 - Instagram, i.e. Meta, to allow users to mint NFTs on its platform
23:53 - Closing Remarks

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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

Click on a timestamp to play from that location

0:00.0	The new British Prime Minister is pushing for central bank digital currencies, but down
0:05.2	in Africa, Nigerians are rejecting their governments push for the same.
0:10.1	The SEC says trade coin club members are part of a punzy scheme, and there's big news
0:15.9	around the Salana blockchain as a new Google partnership could bring the chain to the masses.
0:21.7	Poor Zuck's meta may be getting trashed, but Instagram could bring NFTs mainstream.
0:27.5	We salute all of our United States veterans who have fought for our freedoms and dedicate
0:32.1	the moment of silence coming up to those who have lost their lives in defense of those
0:36.2	freedoms.
0:37.2	On our bad news, episode number 648 of the Bad Crypto Podcast.
0:57.5	And this episode is airing on Veterans Day initially, which is why the moment of recognition
1:20.6	and silence for those who have served, we do take our heads off to you.
1:25.7	Thank you both men and women who have served for your considerable contribution.
1:33.9	We appreciate the liberty that we have, at least for the moment, in this country and
1:38.3	may your sacrifices not be in vain.
1:42.6	Also shout out to everyone who looks at the clock and randomly it's 11-11, because that
1:47.2	happens to me quite regularly.
1:48.8	I was like, oh, 11-11, make a wish.
1:50.8	Make a wish.
1:51.8	Where did that start?
1:53.8	I don't know, I think it's some mystical shit from back in the day.
1:56.3	Like it at 420 or are you supposed to puff puff, is that like, oh, well, you know, it's
2:00.5	always 420 somewhere as long as it's 20 past the hour.
	...

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