Originally aired on July 25, 2023
Here is a summary of the key points from this O Show episode:
In the episode, host Wendy O discusses several crypto and blockchain related topics including Elon Musk’s plans for Twitter as X, the dangers of the identity verification used by World Coin, positive adoption news for XRP and Avalanche, and more.
Wendy shares her skepticism around Elon Musk’s goals for the X rebrand of Twitter, worrying it could become highly centralized like China’s WeChat app. She believes people put too much faith in celebrities and billionaires, when actions speak louder than words. Though building a “one-stop shop” on X could be lucrative, the changes so far don’t seem effectively executed.
The episode covers multiple warnings around the iris scanning identity verification used by new crypto Worldcoin, which Wendy has covered critically in recent days. Scanning biometric data raises huge privacy concerns. Wendy also notes Worldcoin’s involvement of Sam Bankman-Fried and other questionable crypto figures as red flags.
On the positive side, Wendy highlights Ripple expanding into the UK and Ireland as more real world XRP adoption. She also discusses Avalanche committing $50M to bring more tokenized assets to its blockchain, citing the value for institutional adoption.
What is Wendy’s view on Elon Musk’s vision for Twitter as X?
- She is skeptical it can be executed well currently, and worries about highly centralized control like WeChat in China.
Why does Wendy keep warning about World Coin’s identity verification?
- Iris scanning could reveal much personal data, raising huge privacy concerns. Involvement of SBF and other sketchy crypto figures also worrisome.
What adoption advances is Wendy reporting around XRP and Avalanche?
- Ripple expanding into UK and Ireland, Avalanche bringing more institutional asset tokenization to its blockchain.
00:00 – Intro
00:40 – Let’s talk about X
02:40 – The entire crypto market
03:00 – BTC weekly, daily, 12h & 4h
05:20 – Worldcoin dark secrets
12:55 – X to become biggest financial institution
15:00 – Doge pumps on X payments speculation
16:20 – Doge price analysis
17:30 – Is money important to you?
21:30 – XRP price analysis
22:20 – Ripple expands to UK/Ireland
23:00 – Watch out for crypto scams
24:50 – Updates from our PARTNER Grape
26:20 – Avalanche AVAX news
28:20 – Arkham Intel sleuths go after Do Kwon
32:30 – Binance file to dismiss CFTC lawsuit
39:35 – BIG NEWS from Coreum PARTNER
