Caroline Hyde
👤 PersonAppearances Over Time
Podcast Appearances
We also saw people taking profits when Bitcoin went up to $126,000.
So in the span of three months or less than three months, we've seen over a 30% drop.
That being said, I don't see a downward spiral because there are going to be people who want to get access to the asset.
I mean, we just came off of Thanksgiving in the US and dinner table conversation was all around crypto.
Of course, AI also, but crypto was a big part of it.
So there's still a lot of retail interest and I think they get concerned when you just see these big price drops, but we'll start to see that reverse.
Jalak Jobanputra from Future Perfect Ventures.
Great to have you back on the show.
Thank you.
Carrie.
Yeah, now it's time for Talking Tech.
And first up, well, we're looking at Elon Musk expanding at Snail Brook, Texas, a company town tied to the Boring Company.
Correspondence between Musk's executives and local officials show plans for new housing, a science center, and a gym.
It comes as the Musk Tunnel Building Company negotiates with the county over tax breaks and environmental concerns.
Plus, Australia will become the first democracy to ban its youth from popular services like TikTok and Instagram.
Look, a law requiring platforms to block under-16s takes effect December the 10th.
If companies don't comply, they could be facing fines as high as $32 million.
And SoftBank founder Masayoshi Son says the company would have held on to its Nvidia shares if it had unlimited cash for its next AI investments.
SoftBank has doubled down on AI, backing the Stargate data center project, buying chip designer Ampere, and it plans to invest more in open AI by the end of the year.
Ed.