The Friday Five: Bitcoin Custody Controversy

The Breakdown

Nathaniel Whittemore

Investing, Business

4.8 • 786 Ratings

🗓️ 26 October 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week on the Friday Five, NLW and Scott Melker discuss the biggest stories in crypto this week, including some controversial comments from Michael Saylor as well as a proposal for Microsoft to act like Microstrategy. Unlocking Bitcoin DeFi with ExSat The exSat Network aims to unlock and scale the Bitcoin ecosystem without compromising Bitcoins Ideology. The network has partnered with the largest mining pools in the world, major custodians and exchanges, BitTrade, Cubolt, Matrixport, Everstake, OKX and aims to have over $200M TVL at mainnet launch on the 23rd of October. Follow exSat’s Twitter to stay up to date @exsatnetwork or visit the testnet exsat.network Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Transcript

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0:00.0	Welcome back to The Breakdown with me, NLW.
0:09.3	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
0:18.4	What's going on, guys? It is Friday, October 25th, and that means it's time for the Friday
0:22.7	5. Before we get into that, however, if you are enjoying the breakdown, please go, subscribe to it,
0:27.1	give it a rating, give it a review, or if you want to dive deeper into the conversation,
0:30.2	come join us on the Breakers Discord. You can find a link in the show notes or go to bit.ly
0:33.8	slash breakdown pod. All right, friends, we are back with another Friday 5 with Scott Melker.
0:38.8	We're talking a little bit about a Michael Sailor controversy, but also about a micro-strategy
0:43.8	copycat at Microsoft.
0:45.6	Lots of interesting things going on.
0:47.1	Let's get into all of it now.
0:50.6	Another week with a lot of news, some controversy, sailors in hot water,
0:56.0	Stripe making some big moves, Microsoft on the docket.
1:01.0	Things are happening.
1:02.0	Yeah, I like it.
1:03.0	It's different than our normal slate.
1:05.0	It's nice that we're finally out of the like, oh, it's the same thing all over again.
1:09.0	It's like, you know what's interesting? Like people are so clearly past the elections, you know?
1:13.2	It's like, God, I don't want to talk about that anymore, even though they haven't happened yet.
1:17.0	And on that note, 64% chance that Donald Trump will win the election on polymarket.
1:22.8	This spread seems to be increasing.
1:24.3	But we are basically days away from finally getting some clarity here
	...

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