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Ripple CTO David Schwartz Mocks Joe Rogan Exclusive Spotify Deal

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Fri, 05/22/2020 - 11:04
Vladislav Sopov
Famous podcast host Joe Rogan's decision to move his show from YouTube to Spotify has caught the attention of the crypto community familiar with Google's content policy
Ripple CTO David Schwartz Mocks Joe Rogan Exclusive Spotify Deal
Cover image via ripple.com
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Two days ago, top podcast host and standup comic Joe Rogan announced that he will be moving his famous Joe Rogan Experience podcast to the Spotify platform by the end of this year. The media has characterized it as a 'massive, multi-year, unprecedented deal'.

New gatekeepers?

David Schwartz, a Software engineer and Chief Technical Officer at Ripple, Inc., commented on a piece from ex-Google developer and entrepreneur Vijay Boyapati.

Mr. Boyapati highlighted that the exclusiveness of the Joe Rogan Experience on Spotify undermines the freedom of information flow. It's definitely not the process the Internet was created for, he concludes:

Old gate keepers of the "official truth" would be disintermediated and we could all find the truth for ourselves. The reality is that the old gate keepers have just been replaced by new ones.

David Schwartz seconded his colleague's notion regarding information flow vulnerabilities.

According to him, the Internet democratized the dissemination of information but it was only temporary relief.

Bye, YouTube

The Joe Rogan Experience podcast gained huge popularity on YouTube video hosting due to interesting discussions with Mr. Rogan's guests. E.g., in one recent episode, he invited Tesla's Elon Musk to smoke a joint in his podcast studio.

Some episodes have covered the cryptocurrency realm. Speaking with Mike Baker, former CIA officer and commercial security specialist, Mr. Rogan admitted that the most popular Bitcoin (BTC) advocate, Andreas Antonopoulos, failed to convince him on crypto.

That said, Mr. Rogan unveiled that he considers Gold (XAU) to be the safest investment instrument.

The Joe Rogan Experience will also be removed from Apple Podcasts and other popular platforms. The Spotify episodes will be free of charge, he has ensured.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

Grayscale Assets Under Management Surge $300,000,000 in One Day. What Does This Mean?

News
Fri, 10/23/2020 - 09:24
Vladislav Sopov
Grayscale, undisputed giant of institutional crypto investments, is celebrating another monstrous milestone, adding a nine-digit sum to AUM in 24 hours
Grayscale Assets Under Management Surge $300,000,000 in One Day. What Does This Mean?
Cover image via stock.adobe.com
Contents

Grayscale is an investment company that provides the clients with an exposure to digital currency markets eliminating the need to buy tokens. The firm does it by selling shares of 'trusts' related to certain digital assets. The recently started FOMO has already brought Grayscale's 'asset under management' (AUM) values to previously unseen levels.

Grayscale assets are on steroids

In its most recent report shared in a tweet, Grayscale Investments stated that its net AUM now surpasses $7,300,000,000. Mostly, this upsurge should be attributed to the spikes of Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) prices.

Grayscale adds $300M to its AUM in 24 hours
Image by Twitter

Its founder, CEO of Digital Currency Group Barry Silbert, unveiled that Grayscale’s holdings added a whopping amount of value in the last 24 hours.

Added a cool $300 million in AUM in one day

In terms of separate ‘trusts’, the most impressive increase is associated with Litecoin (LTC). Its value added almost 10% bringing its total to over $34 mln. 

Bitcoin (BTC) allocation surged above $6 bln with a 5% increase. Notorious Grayscale Ethereum Trust (ETHE) added 6% and now is valued at $942 mln.

PayPal assists Grayscale

By contrast, Stellar Lumens (XLM) and Bitcoin Cash (BCH) trusts witnessed mediocre increases of 2-3%. The only integral product of Grayscale, Large Cap Trust that unites the most valuable coins under its umbrella, therefore, added less than 4%.

The numbers of Grayscale Investments positions rocketed due to the rapid spike of crypto prices associated with PayPal’s decision to add major digital assets to its instrument toolkit.

As covered by U.Today previously, PayPal announced that Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) will be added as payment methods by the end of this year.

  

Following this surprising news, Bitcoin (BTC) revisited its multi-months high over $13,000. At press time, its price has slightly retraced and flirts with the $12,800 level.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)