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

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

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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.