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The JPMorgan head says he thinks BTC is “worthless” even as his company adds new offerings around crypto.
This episode is sponsored by NYDIG.
Ah, Jamie Dimon. One of the longest duration skeptics of bitcoin, and one of the most consistently wrong from a market perspective. Yesterday, the JPMorgan Chase CEO added new material to his anti-bitcoin cannon and Bitcoin Twitter was extremely quick to respond. Indeed, part of that response was colored by general bullishness as bitcoin experienced another surge up past $57,000. NLW explores Bitcoin Twitter’s reaction to Dimon’s comments and looks at why many think the current rally is being driven by institutions, not retail.
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NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
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“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Justin Sullivan/Getty Images News, modified by CoinDesk.
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Hello Crazy/Genius listeners. We'd like to introduce you to a new show!
In this series, host Arthur Brooks digs into research and offers tools to help you live more joyfully. Join us for deep conversations with psychologists, experts, and friends of The Atlantic's Chief Happiness Correspondent. For more info, visit www.theatlantic.com/happy, or search for How to Build a Happy Life on your podcast app.
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By Urayoan Noel
The news about the so-called "EM Drive" was all over the headlines in 2015... but was it true? Join Matt and Ben to learn more in this classic episode.
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Texas Governor pushes back against vaccine mandates. NFL coach out. Severe weather threat: from snow to a hurricane. CBS News Correspondent Deborah Rodriguez has today's World News Roundup.
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It’s been about a week since a big oil spill hit the Southern California shoreline near Orange County. Tar sullied sensitive wetlands. Birds and fish died. Miles of beaches were closed. The L.A. Times newsroom has produced dozens of stories trying to understand what happened, and what we’ve found so far isn’t pretty: aging offshore oil platforms and pipelines — being bought up by companies that have a history of safety violations.
Today, we speak to L.A. Times investigative reporter Connor Sheets about the causes of the so-called Huntington Beach oil spill. And an environmental activist — Center for Biological Diversity oceans program director Miyoko Sakashita — describes what she found when visiting Southern California’s offshore drilling platforms in 2018.
More reading:
Full coverage: the Huntington Beach oil spill
California attorney general launches investigation into Orange County oil spill
Federal regulation of oil platforms was dogged by problems long before O.C. spill
How much would it cost to shut down an offshore oil well? Who pays?
Hello from a spicy group chat!
This week, we begin by celebrating the release of Jay’s book, The Loneliest Americans, which was just excerpted in NYT Mag. Congrats, Kang! Order it now for yourself and family and friends!
Then, we talk the Kidneygate controversy (from the same issue of NYT Mag) aka Bad Art Friend, the long story based on a short story that launched a million Discord chats. Who’s really “kind”? Is the art any good?
Finally, a dip into the cancellation(?) of Bright Sheng, the composer and music professor at the University of Michigan who got in trouble for showing a film featuring blackface in class.
Reminder to catch Tammy in conversation with Noam Chomsky tomorrow, Wednesday, October 13:
Thanks for supporting the pod. Please stay in touch via Patreon and Substack, email (timetosaygoodbyepod@gmail.com) and Twitter!
Kindly,
The TTSG Podsquad