Nov 12: Nvidia’s Problems Keep Growing
Shownotes
Bitcoin falls toward $72,500 as approximately $300 million in additional ETF outflows are reported, Ethereum struggles near $2,000, and the broader cryptocurrency market continues its sell-off.
Matt Diemer examines new concerns surrounding Michael Saylor's Strategy, including reports of possible stock-index removal and what lower Bitcoin prices could mean for the company's treasury strategy.
Meanwhile, Nvidia CEO Jensen Huang remains at the center of a growing controversy involving unverified personal allegations, corporate governance questions, and speculation in prediction markets.
Plus, why is Zcash falling so dramatically? A listener raises questions about developer credibility, prompting a larger discussion about what actually makes cryptocurrency technology trustworthy.
We also explore Crypto.com's virtual trading-card products and whether they qualify as decentralized Web3 ownership, a reported Chainstack security incident, concerns about zero balances at an Indian cryptocurrency exchange, and South Korea's new exchange-security measures.
Finally, Matt responds to listener questions about Mark Manson, capitalism, and why political and economic labels often eliminate nuance.
Today's prices: Bitcoin $72,535, Ethereum $2,010, Zcash $961.81.
Read the newsletter and follow the podcast:
Happy Hodling!
Hosted on Acast. See acast.com/privacy for more information.