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

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. Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.