In aother podcast Mike recommended the book Goliath. Recently published, 2018 I believe?

The Keto joke was just out of context so it took a few seconds to appreciate. I laughed like ten seconds later

Pres Trump opens himself up to prosecution?? WTF are you talking about??

I'm a straight man with a crush on Mike Green. Wish I was half as smart

The courts are not the media. Actual court cases were dismissed for lack of evidence. The discussion on voter fraud is just the Kool-aid for fund raising. In addition President Trump may wish to scuttle the reelection bid of opponents. I believe President Trump has made this self-evident himself. DLS

@David S - Interestingly, the Vice President has the power to reject fraudently chosen electors, so even the court system isn't the final check on this process. My point is -- there's more to this than represented in the media, or partisan judges in a courtroom.

Timothy, there has been a great deal of intellectualizing around the Trump phenomenon and perhaps even more so about the motivations of the "Trump voter". Whatever they may be, and as a non American I am somewhat in the dark as to your deeper motivations, I can tell you this. I have spent my entire working life in the wholesale used car trade and have met many great people and good friends within it. However, I have also dealt with a good number of what you might call members of the "underbelly" of humanity. Trump as an individual was instantly recognizable to me as being of this class without any assistance from a sometimes biased media. It is manifestly clear to anyone familiar with his breed that this is a man with no shred of honor nor common decency and who is a stranger to the truth. If I were forced to do business with such a man I would take the utmost care to avoid being compromised by him or allowing him any power over me. The fact that recently the voters of America were very narrowly wise enough to remove this person from the ultimate position of power over them is extremely fortunate. By all means, recount votes and test those recounts in your courts. You are indeed fortunate that the rule of the law and the strength of your republic overall seems to have been able to withstand this assault from below. However, given the narrowness of this escape and the vast numbers of intelligent people like yourself who seem to me mysteriously unaware of what just passed by them in the night, I am nonetheless worried for your future. And for mine. Lets hope that this next administration appeals to the better angels of our natures.

I agree, this is an issue that should be addressed in detail by the most knowledgeable people on RV.

Sounds like a great topic for The Exchange. Caitlin Long brought [the USDT] issue up in one of her RV interviews of late... I don't recall its title at moment, but it is being discussed among those in the know with higher levels of expertise and political clout.

https://www2.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html Worth a read. "Federally Chartered Banks and Thrifts May Participate in Independent Node Verification Networks and Use Stablecoins for Payment Activities"

I think the more important point is to be mindful of the risks and don't be overly leveraged (invested) to one asset.

That's a valid & nuanced way of looking at it. Imo... more important point is Mike spreading *unsubstantiated* Tether fear. For anyone reading this interested in a Tether deepdive. Here you go: https://exchange.realvision.com/question/hello-hivemind-i-continuously-try-to-find-bear-cases-for-crypto-challenging--5ff04d9ef9ffb274aea1f496

The link you provided is in no way a refutation of Griffin. From the VoxEU piece "Our results do not preclude the possibility that price manipulation has occurred" and then they provide a few paragraphs of "Well if Tether is doing what they say they are doing..." Garbage analysis. Thanks for watching the program.

Thanks for your reply Michael. Seriously appreciated. Simply said: The Griffin piece showed a clear correlation between Tether issuance and BTC price appreciation. This piece shows that this correlation is spurious at best and has no indication of being a causal factor. Not a garbage analysis. They did a great job at testing their hypothesis. Better so than Griffin's piece. Like most good scientists, they did not exclude the possibility of them overlooking other ways price manipulation possibly takes place (factors/angles not looked at in this study). They showed that the evidence presented in Griffin's piece was not valid, which is what really matters. That makes Griffin's piece little more than unsubstantiated speculation.

It is comments like this that still makes me think all Crypto is a Tulip and it is time to get out and run.

Let me nuance my comment a bit. I might have had to refute too many logical fallacies on Twitter lately regarding the topic. I came in strong not because I think Tether isn't a little fishy. I think it is and it should be investigated. I came in strong because the arguments presented as of now have no substantiation as of yet. They are based in speculation and speculation only. That's fine. But I'd also then like it to be clearly stated as speculation & unsubstantiated (as of yet). Without doing so, (future) legitimate arguments and simple 'FUD' become increasingly hard to distinguish. Mike, I appreciated the rest of your interview and would it not have been for my recent deepdive into Tether I would have overlooked your (imo) lack of nuance in your comment on it.

Exactly

Bitcoin doesn't have a yield, but it can be collateralized at a yield, which custodians like BlockFi and Celsius do.

Im sure he's fine, just attending a re-education center.

He's talking waist line lol.

5.8% Doesn't seem like much of a pullback IMO.