Jim Cramer Cries 😢 Over Meta Fail 😂 – Bad News For October 28, 2022

It’s a great day for the social media world as Elon Musk fires top Twitter execs and promises big changes. And just when you think it can’t get any better, Zuckerberg’s Meta is deep in the hole and so-called pundit Jim Cramer apologizes for issuing a buy signal months ago. However, another big tech company is being greedy and controlling when it comes to NFTs. If you are a Cash app user, Bitcoin Lightning is a thing. 

In short, Twitter good, Meta bad, Cash good, Apple bad. But we think you’ll benefit from getting a little more information during this Bad News episode #640 of The Bad Crypto Podcast.

Full Show Notes at: http://badco.in/640

FULL VIDEO SHOW ON YOUTUBE

TIME STAMPS

• 00:00 - Intro
• 02:00 - CoinGecko market review
• 03:55 - Morgan Stanley says customers are hodling Bitcoin
• 06:50 - If you use CashApp, you can send and receive Bitcoin via the Lightning Network
• 08:05 - Elon Musk officially owns Twitter
• 14:15 - Apple is throwing a wrench in the works with people who want to have NFTs in an app on their App Store, price gouging with a 30% fee captured for Apple on NFT sales. 
• 16:20 - Meta has sunk a lot of money $15 billion dollars in their rebranding and metaverse development over the last year. 
• 18:10 - Jim Cramer called Meta a buy around $340 a year ago and was on CNBC talking about what went wrong on his investment call, as Meta stock tanked to $129 with after market trades clocking in at $104.
• 21:35 - Closing Remarks

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