#477 โ€” The Bitcoin Group #477 - 90K Returns - ATM Crime - Crime Pays - Happy Holidays

๐Ÿ“… 2026-01-02๐Ÿ“ 2,259 words

Good morning, Bitcoin. Today is Friday, January 2nd, 2026. The future! Holy shit, we made it. A brand new year. And now, here's the news. Issue 1, The Price of Bitcoin. The price of Bitcoin is up 1.51% in the last 24 hours, with a high of 90,949, a low of 88,338, with a last of 89,783. That's $1 for 114,000. Satoshi's. 1114, just on the other side of the thousand Satoshi barrier. Volume is pretty high at a thousand and ten Bitcoins traded, keeping an eye on this developing story. Bitcoin reclaims $90,000 as United States buying returns. Has the tax drag finally ended? Bitcoin broke the psychological barrier of $90,000 on Friday, trading at $90,742 during the, quote, New York session, effectively snapping a two 2025 trend, where US trading hours were dominated by selling pressure. The reversal reflects the end of year tax lost harvesting that drove Bitcoin down 23% in quarter four. Perhaps the floor is in. And now the prediction. The magic eight ball, the source of all truth, and this and other, any other Bitcoin universe. Will the price of Bitcoin be higher this time next week? And it is. It is certain. It is certain. Says the magic eight ball. Thanks to everyone for joining us on this day after New Year's when no one's available. Give us a thumbs up if you're watching live or even later on. Moving on to issue two. Scammers notched $333 million from Bitcoin ATM scams in 2025, according to the FBI, as ABC News says in their tagline, the kiosks allow users to send cash to a digital wallet anywhere in the world. We've been warning you about this for quite a while that the next big attack on Bitcoin and Bitcoin infrastructure is going to be Bitcoin ATMs. Your ability to buy small amounts of Bitcoin, although with KFC and KYC is going away. Even the KFC. No, that's going to stay. But the KYC is still going to be there and they're going to be cracking down. That's because people keep getting ripped off. It's as if the Bitcoin ATMs fit now into the scammer ecosystem. You get somebody's phone number. You keep them on the phone for days. And then you take them to the Bitcoin ATM and you empty out their pockets. The problem is Bitcoin ATM. That's something that we are supporting. So that's going to go down. We're probably going to lose this one. Get ready for 27 hours straight. A team of four scammers posing as Oakland police kept a John Meere Elementary School teacher on the phone and isolated. And then she delivered them $70,000. I don't know how a teacher got $70,000. I don't know how she got talked out of it. But as we've said before, these scammers are incredibly good at what they do. They kept her on the phone 27 hours straight. Four different people working in teams. And again, where did they go in the end? The Bitcoin ATMs. Unfortunately, Bitcoin is in there. That's going to hurt our industry. Bitcoin ATMs likely going away in 2026. Check out worldcryptonenetwork.com. We've got 4,699 videos. Hmm. You can watch them for three months, 23 days, and seven hours straight. That's a really long time. It's been about 12 years, one month, two days or so since our first video, which I think was in February. Issue three, red state residents are prisoners in their own homes after noisy tech facility opens nearby. Residents of a small Texas town are being plagued by noise of a nearby crypto mining facility. Also insert AI mining facility here because it's the same problem. Locals in Grandbury have likened the sound emanating from the data center to from being on a runway with jets taking off 24 seven in a blistering lawsuit filed against owner, the Mara holding the complaint blames the constant alleged racket for a host of ailments among the local population, including headaches, vertigo, and hearing loss. It is incredibly intrusive. It is incredibly annoying said Rodrigo can too. The resident groups lawyers. It's a type of noise that penetrates the walls that can wake you up or keep you from falling asleep. And again, this is the next assault on Bitcoin and again, like the previous one, it's entirely justified. Bitcoin miners and AI miners, whatever you want to call them, are making the noise. They're going to keep making the noise in these places where there is cheap electricity until there is no more cheap electricity. I'm halfway through the Stranger Things finale. And in a way, as much as we're supporting Bitcoin and everything, these mining facilities, they seem like the upside down, like some kind of rift or tentacles have emerged in your small town. And suddenly your small town that's known for nothing is known for a mining facility that makes tons and tons of noise. This is not like a side concern. This is not something we can jokingly say. Well, it's not any louder than anything else. This is a constant, clear and present danger for both the Bitcoin and the AI computing industry. This is going to keep happening. These people are going to keep getting upset and it's going to get worse and worse. I do believe it's going to end up like player piano, Kurt Vonnegut's incredible and first book, as it says here on the cover, back in the day, America in the coming age of electronics. As it says on the Wikipedia, the novel published in 1952 depicts the dystopia of automation partially inspired by the author's time working at General Electric, describing the negative impact technology can have on quality of life. The story takes place in a near future society that is almost totally mechanized, eliminating the need for human labors. The widespread mechanization caused conflict between the wealthy upper class, the engineers and the managers who keep society running and the lower class whose skills and purpose in society have been replaced by machines. The book uses irony and sentimentality, which were to become hallmarks developed further in Vonnegut's later works. And as it says in this graphic that I used AI to create, AI companies and Bitcoin miners must pay us basic income. Hey, the people, we deserve our share. AI farms owe us fair pay now. Tech billions equal basic income. You profit from our data and energy. It's time to pay us back. I really do believe this will be an issue in the coming years as people get more and more upset, not only at the noise and the perceived impact on their life physically with the noise of a data center, but the actual reality that inside that data center, AI is being crunched data is being crunched. And the people of the community who used to get, you know, a little bit of money from taxing the farms or taxing the commercial activity that went on in their in their local area aren't getting anything. They're not getting anything from the AI or the Bitcoin, even though from their perspective and maybe even from reality data worth millions and billions could be going on through that noisy, noisy data center that is ruining their neighborhood. This is a recipe for anger and unsatisfaction in the future, 2026. This is a rough show. Moving on to issue four. President Trump signs executive order 0% capital gains tax on crypto allegedly this year. And as the account documenting sailor says, because no one has any gains anyway. Well, we win some and we lose some and then I guess we lose some more. Trump media firm to issue new cryptocurrency to shareholders. That's right. The firm behind Donald Trump's truth social platform said it will issue a new cryptocurrency to its shareholders marking the Trump family's latest foray into digital assets after making billions of dollars with a B off of Trump coin and Melania coin and world liberty coin. And maybe others that I've forgotten the digital token from Trump media and technology group will add to their crypto venues, whichever generated hundreds of millions or you could save in billions, which would be thousands of millions of dollars and raised questions about conflicts of interest. The new token was quote unveiled on Wednesday. Investors was even won for each share they hold. Trump who is the largest shareholder has supported looser regulation of the crypto sector while being very much involved in it. Very interesting. And our main story, man behind the 4.5 billion again, we're only dealing in billions today. Bitfinex Bitcoin heist thanks Trump law for early release. Ilya Lichtenstein left and Heather Morgan, aka Razzlecon, the crypto raptor rapper. Excuse me, who celebrate Lichtenstein's early release. Ilya Lichtenstein, one of two people convicted of laundering nearly 120,000 Bitcoin stolen from the bitfinex exchange in 2016 has thanked a law brought under US President Donald Trump for his early release from prison in February 2022. US authorities arrested Lichtenstein in his co-conspirator and rapper wife Heather Morgan, Razzlecon aka Razzlecon. Can't wait to see the Netflix movie. I don't know why it's not out yet. They charged the pair with attempting to launder the huge Bitcoin hall with allegedly they were doing through playstations and tied and Walmart gift cards, which was worth 4.5 billion dollars of the time and never made any sense how they ended up with 4.5 billion dollars. They say it's some kind of error in the way that bitgo and bitfinex were stamping their tent transactions that allowed them to withdraw this money through some kind of error or hole. They say they were kind of scriptkitties and not real hackers but still ended up with this kind of a purse and then trying to launder it through 100 dollar playstations and 100 dollar gift cards didn't make any sense still doesn't. But according to President Trump's first step act, Lichtenstein has been released early from prison. The first step act signed into law by President Trump in 2018 allows prisoners to earn early release by completing rehabilitation programs and engaging in productive activities. On November 14th of last year, Lichtenstein was sentenced to five years in prison after pleading guilty to his involvement in the bitfinex heist. Morgan, who assisted Lichtenstein in the theft, received an 18 month prison sentence. She was released in October after serving roughly eight months in prison. As the article said, Lichtenstein's release comes amid a wave of leniency towards crypto criminals under President Trump's administration. In October, changeman Zhao, CZ, founder of Binance, the world's biggest crypto exchange, received a presidential pardon after previously pleading guilty to violating the Bank's Secrecy Act for failing to implement an effective anti-money laundering program in his exchange. In March, Trump issued pardons for bitfinex co-founders Arthur Hayes, Benjamin Dello, and Samuel Rees, as well as early employee Greg Dyer. All four had pleaded guilty in 2022 to bank secrecy act violations for failing to implement money laundering controls. Very interesting to see crime seeming to pay, as Ilya will be released. Looking forward again to both the Netflix movie, there's supposed to be a dramatized version, and the Netflix documentary, which claimed to include footage of the couple shot without their knowledge for the documentary at a friend's wedding. They were successful in able to sue Netflix to block the release of the film. I'm not sure if it's going to come out or not. Meanwhile, Solana is debuting an ETF in 2025, which isn't important, but does say there's Bitcoin, Ethereum, Solana ETFs. We inch closer to the potential of a Dogecoin ETF and the absolute world turning upside down. Dogecoin, Litecoin, ZCash. I don't know who's next to have an ETF, Monero. Can they make one? Can they make an ETF for an invisible coin? I don't know, but does this mean there's going to be paper Solana now injected into a system full of paper, Bitcoin, paper, Ethereum, and paper stocks and paper gold and paper silver? I think so. Yes, maybe. Meanwhile, a story of the week just want to thank OX Baron on Twitter at fund underscore NFT. He's a historical NFT collector. He claims to have full sets of spells of Genesis, My Curio cards, Rare Pepe, Ethereum, Version 1, Punk, Board, Ape, Yacht Club. He likes art and he's got a link tree. He's been doing a great series recently on Curio cards. Here's one featuring my friend, Rhett Creighton, who programmed Curio cards and did all the work on the project. My friend, Travis Urig, who helped try to spread the word about the project and myself, who also tried to create more on Curio cards. He's been writing really great descriptions of each of the cards. Here's Mad, Bitcoin, the card. It's just great to see him doing this to see the collection get this kind of respect and report and just to see what's going on. I'm going to check the chat really quick. I think everyone's taking the day off, which is fine. If you watch this later on, give us a thumbs up and a comment down below. This has been a quick little episode of today in Bitcoin. We weren't able to get the group together for the Bitcoin group. We're going to try again next week to get the group together for the year ends spectacular and until...

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