The State of Crypto 2022 - Bad News For 12/28/22

The Bad Crypto Podcast

Joel Comm and Travis Wright

Tech News, Business, News, Technology, Investing

4.7 • 1.2K Ratings

🗓️ 29 December 2022

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Crypto Billionaires lost over $116 billion in 2022. In spite of that, Microstrategy added to their portfolio. A market exploiter has been arrested here in Puerto Rico. SBF is out on bail. And the Twitter Files show that we were once again correct in our so-called “conspiracy theories”.

Are we going to take some victory laps? Hell yeah. And so should you as you join us for our Bad News episode #662 of The Bad Crypto Podcast.

FULL SHOW NOTES: https://badco.in/662

TIME STAMPS
00:00 Intro
02:45 - Crypto market review; marketcap $830bln
07:30 - Crypto billionaires lose more than half of their wealth in 2022
09:00 - Crypto miners accumulating Bitcoin and crypto
09:30 - Michael Saylor’s MicroStrategy is stacking Bitcoin
12:05 - Mark Cuban is defending Bitcoin; Gold is a bad investment (?)
13:12 - Mango Markets market manipulator arrested in Puerto Rico
15:00 - SBF released on $250mln bail; FTX scam continues
19:15 - Twitter Files reveal the truth in so many “conspiracy theories”.
28:28 - What does this have to do with blockchain and crypto? Everything.
29:50 - Travis is reading “Survival in the Killing Fields”
31:00 - Bullet Train on Netflix is a great 2 hour film with Brad Pitt
32:20 - Outro

SUBSCRIBE, RATE, & REVIEW:

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Twitter: @badcryptopod - @joelcomm - @teedubya
Facebook: /BadCrypto - /JoelComm - /teedubyaw
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LinkedIn: /in/joelcomm - /in/teedubya
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Email: badcryptopodcast[at]gmail[dot]com
Phone: SEVEN-OH-8-88FIVE- 90THIRTY

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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.

Support the show: https://badcryptopodcast.com

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Crypto billionaires lost over $116 billion in 2022, but in spite of that,
0:06.3	MicroStrategy added to their portfolio. A market exploit has been arrested here in Puerto Rico,
0:12.8	SBF is out on bail, and the Twitter files show that we were once again correct in all of our
0:19.6	so-called conspiracy theories. Are we going to take some victory laps? Hell yeah,
0:24.8	and so should you, as you join us for our bad news episode number 662, of the Bad Crypto Podcast.
0:54.8	And welcome to the Bad Crypto Podcast, the show for conspiracy realists. Travis, you might not want
1:08.8	to do a victory lap, but if you want to just spin around in your chair and do some victory spins,
1:12.9	that would be okay. I got a cord. I almost said, I didn't, I didn't, like one third of a victory
1:22.3	that's okay. We haven't won yet, you know, it's like, but I think this
1:27.3	it just seems that more people are becoming aware to what's going on. I mean, the
1:31.8	the pool of people who understood how the world worked back in 2020 versus the pool of people
1:38.0	who understand how the world worked going into 2023 is much larger. And I think that, you know,
1:45.3	some people don't like Elon because of how he hurts their feats, but it's unbelievable to see
1:49.5	the information that's being popped up out of that stuff. And, you know, some of our theories along
1:54.5	the way, we've been pretty spot on most of the way. We've not tried to mislead anyone and we've
1:58.8	always told people, hey, do your own research or whatever we're telling you, but here's what we
2:03.7	are seeing. And Joel, you and I, you know, we've been in this game for a long time. We tend to see
2:08.6	things before most people see them, we get in, get our hands dirty and then teach others about it.
2:13.9	And that's really what we've been doing on this whole thing. There's been a massive conspiracy
2:18.4	against the right, not by the Democrats, not by the Republicans, by the uniparty. There's a
2:24.6	uniparty. It's not red versus blue. It's a shade of purple, you guys. And purple party. We're
2:30.7	going to throw a purple party. And we're going to talk a little bit about that about the Twitter
	...

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