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Here’s What You’ll Want to Know About the 'Bitcoin Bubble'

In the past 24 hours, Bitcoin has skyrocketed to over $16,000, intensifying the debate on whether the market bubble on the cryptocurrency is about to burst.

“Analysts seem to be completely divided on what this actually means. Half the people say ‘It’s the real deal.’ The others are screaming, ‘Get out!’ Is this the mother of all bubbles getting ready to crash?” asked Glenn on the show today. He added, “Bitcoin at some point could crash — and that’s a long way down.”

Glenn broke out the chalk and charts, some string and even a nifty power-lift to take an in-depth look into modern history’s biggest market crashes and compare them to what’s going on with Bitcoin now.

  • Remember the housing crash of 2008?
  • How about Japanese stock market crash in the 80’s?
  • Then there was the internet bubble that started in the 1990’s.

All of these market bubbles were years in the making. Compare that to Bitcoin, which has gained by about 2000 percent in less than one year.

Watch the video clip above to get the full scoop on the Bitcoin bubble.

This article provided courtesy of TheBlaze.
GLENN

INSANITY: High schooler ARRESTED after not wearing mask at school tells her story

On Thursday's radio program, Grace Smith and her father, Andy, joined Glenn Beck on the phone and provided a first-hand account of Grace's refusal to wear a mask at school.

Smith, 16, began a maskless protest after her school district in Laramie, Wyoming, decided to implement a mask mandate. As a result, Grace received three suspensions, was issued two $500-citations, and was eventually arrested.

"How long were you in jail?" Glenn asked.

Grace said was taken to jail but was never booked nor was she was placed in a jail cell.

Glenn commended Grace's father, Andy, for raising such a "great citizen" and asked if it was Grace's idea to protest. Andy said it was Grace's idea, explaining that they took the position of arguing on the grounds of civil rights rather than the efficacy of wearing a mask.

Grace has since withdrawn from public school and started a home school program. She also told Glenn that she will continue to fight the school district, legally.

You can donate to Grace's legal fund here.

To hear more from this conversation click here.

Disclaimer: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-19 and/or COVID vaccine related questions & concerns.

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RADIO

Jason Whitlock: Raiders coach fired by NFL as a ‘SIGNAL’ to others

Raiders Head Coach Jon Gruden was forced to resign (fired) by the NFL on Monday due to 'misogynistic' and 'homophobic' language found in several of his old, private emails. But Jason Whitlock, sports writer and host of 'Fearless' on BlazeTV, tells Glenn that Gruden's words never should have resulted in his job lost: 'We should have accepted his apology and kept it moving.' But instead, Whitlock says the NFL chose to use Gruden as a 'signal' for all other employees who may oppose the football organization's current, far-left political stances: 'Taking over sports, taking over the NFL, is crucial to the goals of the left and what they're trying to do.'

RADIO

How an ‘orchestrated’ revolution is bringing America TO ITS KNEES

Victor Davis Hanson, Senior Fellow at the Hoover Institution, joins Glenn to discuss his new book, 'The Dying Citizen.' He explains how America's hippies from the 1960s are the progressive elites running our institutions today and how their 'well orchestrated' moves have created a top-down revolution that's 'bringing us down to our knees.' So, what's the solution? Davis Hanson tells Glenn what we can do to push back against the far left today…

THE GLENN BECK PODCAST

Who Is More Evil: Government or Facebook? | Robby Soave | Ep 120

The Left and Right agree: Social media companies like Facebook are abusing their power — whether through censorship or harmful, groupthink-creating algorithms. But is the solution really more censorship and regulation, like government fearmongers and leftist "whistleblowers" have insisted? Glenn sits down with the senior editor at Reason, Robby Soave, who has a much more refreshing solution laid out in his latest book, "Tech Panic: Why We Shouldn't Fear Facebook and the Future." Politicians have weaponized the fear we have about social media. So, maybe we should be looking at the positives. Glenn and Robby take a look at the (very familiar) history of tech panic and censorship, balance the consequences of changing Section 230, and expose the real threat to the future of free speech: Progressive tyranny entrenched in the old school media.