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As the latest housing bubble pops, home sellers are asking for unreal prices for their homes, while buyers are waiting for the prices to fall. Bill Pulte, Trump's Director of the Federal Housing Finance Agency, is demanding the Fed force down interest rates to restart the unsustainable boom.
Original article: https://mises.org/mises-wire/bid-ask-spread-housing-and-pultes-law
After President Trump's criticism of Putin, Russia launches major attack on Ukraine, in heaviest single bombardment of the war. Also: Taiwan begins biggest war games, and what do emojis say about us?
President Donald Trump’s earlier executive orders and the comprehensive spending bill he just signed mark the end of dozens of tribal green energy initiatives. They mark a major shift in direction away from solar, wind, and other renewable energy sources championed during the Biden administration. Those projects aimed at energy sovereignty that can’t find new, private-sector funds will halt or scale back their original scope.
And, an Alaska tribal village is hoping a transition away from oil-fueled energy will both save money and help the environment.
Break 1 Music: Hug Room (song) Chuck Copenace (artist) Oshki Manitou (album)
Break 2 Music: Coffee (song) James Bilagody (artist) Near Midnight (album)
Rob initiates this week’s show by waxing poetic on the mortality of his musical idols and the treasure trove of emotional tribute songs that proliferated after the tragic passing of Nirvana frontman Kurt Cobain. His insightful homage leads perfectly into a loving soliloquy on the chaotic beauty of the Red Hot Chili Peppers' catalog, particularly their gigantic hit from 2002, “Can’t Stop.” Rob is then joined by both members of English pop duo the Ting Tings, who not only share his infatuation with bassist Flea’s instrumental prowess but also cite the RHCP's unbridled artistic vision as a major influence on their music.
Host: Rob Harvilla
Guests: Katie White and Jules De Martino of The Ting Tings
Producers: Chris Sutton, Olivia Crerie, and Justin Sayles
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The video discusses the launch of the first AI-designed custom slide shoe by Syntilay, which has garnered significant media attention. CoinDesk interviews Joe Foster, co-founder of Reebok, and Ben Weiss from Syntilay about this innovative product that uses AI to custom-make shoes by analyzing foot measurements through a phone photo. The conversation covers the potential of AI in product design, including creating items in space.
Joe Foster reflects on the evolution of the sneaker industry and the joy of continual innovation, while Ben Weiss highlights future plans, including space experiments and blockchain authentication for footwear.
Follow along at @CoinDeskPodcast on twitter
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Gwart discusses the death of the fat protocol thesis, why DAOs became dysfunctional, and crypto's shift from public goods delusion to revenue-focused businesses. Plus thoughts on Bitcoin maximalism and Solana's pragmatic approach.
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Gwart joins us to talk about the collapse of crypto's "public goods" era and why the revenue meta is taking over. We dive deep into the fat protocol thesis, why DAOs failed, the difference between Bitcoin and crypto, and how builders are finally focusing on sustainable businesses instead of token hacking.
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**NOTES:**
• Pump.fun crossed hundreds of millions in revenue
• Fat protocol thesis originated 2016-2017
• iPhone example: $1,000 vs theoretical $10,000
• Uniswap has fee switch but hasn't turned it on
• Thread guy has 5% Bitcoin portfolio allocation
• Bitcoin could 10x in next five years
Timestamps:
00:00 Start
01:59 Bitcoin vs Crypto
06:08 What does Gwart "believe" in?
08:33 Revenue Meta & Fat Protocol Thesis
13:36 Interpreting the Fat Protocol Thesis
19:25 Analogies to Linux, etc
27:18 Is the DAO dead?
31:27 Devs
37:35 Creators of the Revenue delusion
40:46 Are stonks the new tokens?
45:01 Solana maxi
50:22 Real World Assets ;P
53:10 Minting new BTC maxis
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👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
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Ryan Petersen is the CEO of Flexport. Petersen joins Big Technology to discuss how the latest round of tariffs and trade-war maneuvers are rewiring supply chains worldwide. Tune in to hear him unpack everything from 145 % “Liberation Day” duties and $5 K containers to the death of the de minimis loophole and what it means for Amazon, Temu, and Shein. We also cover the Panama Canal drought, AI that robocalls 400 K truckers, warehouse-robot reality checks, and why customs fraud just became the DOJ’s No. 2 white-collar priority. Hit play for a rapid-fire scorecard on what’s changing, who’s winning, and what’s next in global trade. --- Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice. Want a discount for Big Technology on Substack + Discord? Here’s 25% off for the first year: https://www.bigtechnology.com/subscribe?coupon=0843016b Questions? Feedback? Write to: bigtechnologypodcast@gmail.com
Texas death toll could soar amid a massive cleanup effort. Supreme Court OKs federal layoffs. Striking tariff deals. CBS News Correspondent Steve Kathan has today's World News Roundup.
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More than 100 people are dead and 170 are still missing in Texas, where, on July Fourth, the Guadalupe River in Kerrville rose more than 30 feet in five hours. Staff shortages at the National Weather Service may have made it harder to coordinate a response, and Texas lawmakers are now reconsidering a bill to improve local governments’ emergency communications infrastructure. Also: the economics of rebuilding wildfire-burnt homes with fire-resistant steel framing.