It’s a great day for the social media world as Elon Musk fires top Twitter execs and promises big changes. And just when you think it can’t get any better, Zuckerberg’s Meta is deep in the hole and so-called pundit Jim Cramer apologizes for issuing a buy signal months ago. However, another big tech company is being greedy and controlling when it comes to NFTs. If you are a Cash app user, Bitcoin Lightning is a thing.
In short, Twitter good, Meta bad, Cash good, Apple bad. But we think you’ll benefit from getting a little more information during this Bad News episode #640 of The Bad Crypto Podcast.
Full Show Notes at: http://badco.in/640
FULL VIDEO SHOW ON YOUTUBE
00:00 - Intro
02:00 - CoinGecko market review
03:55 - Morgan Stanley says customers are hodling Bitcoin
06:50 - If you use CashApp, you can send and receive Bitcoin via the Lightning Network
08:05 - Elon Musk officially owns Twitter
14:15 - Apple is throwing a wrench in the works with people who want to have NFTs in an app on their App Store, price gouging with a 30% fee captured for Apple on NFT sales.
16:20 - Meta has sunk a lot of money $15 billion dollars in their rebranding and metaverse development over the last year.
18:10 - Jim Cramer called Meta a buy around $340 a year ago and was on CNBC talking about what went wrong on his investment call, as Meta stock tanked to $129 with after market trades clocking in at $104.
21:35 - Closing Remarks
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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.
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