Whats the fuss with DEEP SEEK AI ? Invest. Wealth. Bitcoin episode artwork

EPISODE · Feb 2, 2025 · 15 MIN

Whats the fuss with DEEP SEEK AI ? Invest. Wealth. Bitcoin

from Should I Invest in Bitcoin? Grow Your Wealth & Understand the Cryptocurrency Bit Coin, for Millennials Serious About Money and Investing · host Myles Dhillon

🎙️ Podcast Show Notes: Unveiling AI Innovations and Crypto Strategies 🚀Welcome to today's episode, where we delve into groundbreaking developments in artificial intelligence and cryptocurrency. Here's what we'll cover:1. DeepSeek's Disruptive AI Advancements 🤖January 20, 2025: Chinese AI startup DeepSeek unveiled its latest model, DeepSeek-R1, boasting performance on par with leading models but at 20 to 50 times lower cost.January 27, 2025: DeepSeek's AI Assistant surpassed ChatGPT to become the top-rated free app on the U.S. Apple App Store.Market Impact 📉: Following these announcements, Nvidia's stock experienced a significant drop, highlighting the disruptive potential of DeepSeek's innovations.2. U.S. Government's Executive Order on Cryptocurrency 🏛️January 23, 2025: President Donald Trump signed the "Strengthening American Leadership in Digital Financial Technology" executive order, aiming to promote U.S. leadership in digital assets and financial technology.Key Objectives:Develop a federal regulatory framework for digital assets.Evaluate the creation of a strategic national digital asset stockpile.Prohibit the establishment of Central Bank Digital Currencies (CBDCs) within the United States.Formation of the Presidential Working Group on Digital Asset Markets:Chair: David Sacks, Special Advisor for AI and Crypto.Members: Includes the Secretaries of the Treasury and Commerce, the Attorney General, and the Chairs of the SEC and CFTC.3. Repeal of Staff Accounting Bulletin (SAB) 121 📜January 23, 2025: The SEC issued Staff Accounting Bulletin 122 (SAB 122), rescinding the earlier SAB 121. This move is anticipated to encourage banks to engage more actively in the digital asset sector.4. Establishment of the Senate Banking Committee's Subcommittee on Digital Assets 🏦Leadership: Chaired by Senator Cynthia Lummis, a prominent advocate for cryptocurrency.Mandate:Oversee digital assets, including cryptocurrencies and stablecoins.Monitor activities of digital asset issuers, trading and lending platforms, and custody providers.Oversee regulatory activities of federal agencies related to digital assets.Focus on financial literacy in digital assets.5. Senator Cynthia Lummis's Advocacy for a Strategic Bitcoin Reserve 💰Senator Lummis has introduced legislation aimed at establishing a strategic Bitcoin reserve, underscoring the government's commitment to exploring and potentially implementing a national Bitcoin reserveI built a free calculator that shows exactly what consistent monthly Bitcoin investing could do to your wealth over 5, 10 or 20 years. It's called the Steady Stack Calculator — punch in what you can afford to put in each month and see what the numbers actually look like at the other end. Most people are genuinely surprised. You can also download the 10 Bitcoin Mistakes to Avoid document completely free at the same link.Steady Stack Calculator and 10 Bitcoin Mistakes Document — click here to grab both for freeHit follow, so you never miss the latest insights on money, finance, invest and build wealth - plus clear guidance on cryptocurrency, Bitcoin, and Bit Coin for today’s serious investors.

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🎙️ Podcast Show Notes: Unveiling AI Innovations and Crypto Strategies 🚀 Welcome to today's episode, where we delve into groundbreaking developments in artificial intelligence and cryptocurrency. Here's what we'll cover: 1. DeepSeek's Disruptive AI Advancements 🤖 January 20, 2025: Chinese AI startup DeepSeek unveiled its latest model, DeepSeek-R1, boasting performance on par with leading models but at 20 to 50 times lower cost.January 27, 2025: DeepSeek's AI Assistant surpassed ChatGPT to beco...

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Whats the fuss with DEEP SEEK AI ? Invest. Wealth. Bitcoin

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