Microstrategy Owns ½ Percent of All Bitcoin - Bad News For June 24th

Joel Comm and Travis Wright

Bitcoin has bounced back $5000 on some news or rumors. Microstrategy now owns over 100,000 Bitcoins. And Chris Giancarlo, former Chairman of the CFTC, says the US risks becoming “backwater” without a central digital currency.

One Ethereum options trader lost $3 million in a trade gone bad. That’s just a few of many stories we’ll be covering today.

In a special crypto spotlight segment, we feature the FreeTon project. You’ll discover the good that has come from the SEC’s shutdown of the Telegram TON ICO.

But first, we wish to note that we do today’s show with heavy hearts. News broke on Wednesday that software pioneer and friend of this show, John McAfee, has died at the age of 75. Today’s moment of silence in the upcoming gap is dedicated to Johnny, with nothing but love and sympathy for his wife Janice.

This is our Bad News episode #526 of The Bad Crypto Podcast.

Full Show Notes at: badco.in/526

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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.

We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

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