All the garbage. That he goes into the two thousand as you mentioned gold and thats one of the ideas like all the ideas from our history of money from our history of privacy of being humans and evolving higher intellectual you know you know speaking freely amongst each other in these groups and speaking about ideas no matter how crazy or stupid they might seem and they invention emerge into powerful you know robust systems so he mentions how finney who recently passed away he in two thousand and four created work which was called the reasonable proof of work which built on the backs hashcash and then of course in exile though in two thousand and five he did big gold which was digital collectible so these ideas obviously you know bitcoin is often called gold two point zero will. In fact the i. R. S. Does qualify it as a commodity as a property and ask. Like gold so these are this is the evolution and then hes predicting where the future holds out on this right also the white paper the t
Theres only one the apex predator or that is man at the moment before he dies of all the garbage. That he goes into the two thousand as you mentioned gold and thats one of the ideas like all the ideas from our history of money from our history of privacy of being humans and evolving higher intellectual you know speaking freely amongst each other in these groups and speaking about ideas no matter how crazy or stupid they might seem and the invention emerge into powerful you know robust systems so he mentions how phony who recently passed away he had two thousand and four created work which was called the reasonable proof of work which built on the backs hashcash and then of course in exile though in two thousand and five he did big gold which was digital collectible so these ideas obviously you know bitcoin is often called gold two point zero will its in fact a. R. S. Does qualify it as a commodity as a property an asset like gold so these are this is the evolution and then hes predicti
Been using to trade stocks now theyre in its or so its already something theyre using to trade stocks and now they could trade cryptocurrency s. But you know the news in the past week as well has been that this exchange in japan was hacked of some crypto currencies four hundred over four hundred million u. S. Dollars worth of currency and then these three young guys these three young japanese guys came out and had the press conference and announce that they would give cash on hand back to these people four hundred Million Dollars or it was is a huge surprise because i hadnt even heard of the exchange weve been around and cryptocurrency sector for a long time and yet they made enough money to four hundred Million Dollars on hand to reimburse people who had cryptocurrency stolen or i want the other markets capital owners who are five to six hundred billion and that just happened the last few years and they bother a v. C. Funded entities that are on the periphery are worth another half a
Stocks are in the red, at least no now do you as much as check out movers, underarmour, soaring, earnings estimate were met blue apron rallying. And wayfair hitting new alltime highs. Climbsing about 6 in that time. All right. For more on the markets, le ate go to the New York Stock Exchange and check in with bob pisani bob . Tyler, 111 points in the dow, used to be big news a few weeks ago, but not anymore were starting to settle down. Im not saying its over yet advancing to declining stocks. The volume, surprising below average from what weve seen in the last few weeks, volatility is moving in a much narrower range. Trying to find some footings sectors, well, the market leaders used to be slightly to the down side. Banking are fractionally positive consumer staples, defensive group has generally been stronger all day here. Finally were following as interesting story from an anonymous whistleblower who has written a letter to the s. E. C. Alleging we dont have his name or what he does
Heart of it we know there seem to be volatility products that were at the heart of it we also know that we didnt see some things we didnt see stub quotes we didnt see a bunch of broken trades we didnt see some of the things that did happen in the flash crash we didnt see huge delays in the tape in the field order book yet so whats whats really interesting is some post flash crash reform sclera have helped. But what we also are seeing is we still dont know whats going on we still dont know whos doing what and we dont see how the markets are interacting what we do know is that were seeing a lot of one hundred point drop in a day lets im going to take a take these one at a time if that is so many things that are interesting but so you talk about that sixteen hundred drop now it was six it didnt end up at sixteen hundred a day dont want it up eleven seventy five i think that day or may that was a ten thirty today but it ended up a around a thousand or a little bit more but it dropped the d