Right About Now with Ryan Alford
Business News of the Week: Policy Impacts to Business - DOGE Delivering Checks - Sports Card Market
Fri, 21 Feb 2025
SUMMARYIn today’s Business News of the week episode, host Ryan Alford welcomes co-host Chris Hansen to the studio for an engaging and wide-ranging conversation. The episode kicks off with a lively debate about the appropriateness of wearing sports jerseys, setting a light-hearted tone. From there, the discussion delves into financial news, focusing on recent developments with XRP and the Bitwise XRP ETF. They also tackle broader challenges in the cryptocurrency market, including a significant incident in Argentina.Shifting gears, the duo explores the rising interest in sports cards as collectibles, sharing personal anecdotes and the thrill of uncovering valuable finds. With a mix of humor, insight, and relatable stories, the episode makes complex topics approachable and keeps listeners entertained throughout.TAKEAWAYS Discussion of health and wellness trends, including cold plunges and their benefits. Analysis of current business news and the impact of government policies on companies. Exploration of emerging beverage trends, particularly healthier alternatives to traditional sodas. Examination of the intersection of sports and music, focusing on the Golden State Warriors' record label. Nostalgia-driven fashion trends, specifically the resurgence of vintage sports jerseys. Insights into the cryptocurrency market, including XRP and the Bitwise XRP ETF. Overview of recent challenges in the cryptocurrency space, particularly in Argentina. Discussion on the growth of the sports card market and its appeal as collectibles. Personal anecdotes related to sports jerseys and the culture surrounding them. Emphasis on the importance of patience and a long-term perspective in investing. If you enjoyed this episode and want to learn more, join Ryan’s newsletter https://ryanalford.com/newsletter/ to get Ferrari level advice daily for FREE. Learn how to build a 7 figure business from your personal brand by signing up for a FREE introduction to personal branding https://ryanalford.com/personalbranding. Learn more by visiting our website at www.ryanisright.comSubscribe to our YouTube channel www.youtube.com/@RightAboutNowwithRyanAlford. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chapter 1: What is the introduction to this business news podcast episode?
This is Right About Now with Ryan Alford, a Radcast Network production. We are the number one business show on the planet with over 1 million downloads a month. taking the BS out of business for over six years and over 400 episodes. You ready to start snapping necks and cashing checks? Well, it starts right about now.
Hey, what's up, guys? Welcome to Right About Now. It's Friday, February 21st, 2025. Got my good friend Chris Hansen in the studio here, buddy.
What's up?
Good. Good to be here. Getting close here.
I know.
In the studio, live in G Vegas. We have, hey, welcome to the snow, brother.
I definitely didn't plan for a snow day here in South Carolina, but.
Yeah, exactly. Yeah, man. You never know. We get Greenville's, you know, right at the foothills, right below the base in the mountains. We get the four seasons in two weeks sometimes. It was 80 degrees two weeks ago. We got snow coming down. We're at the beautiful Social House, my co-work lounge here in Greenville on the Swan Private Trail. Come see us. Drop in any time. You never know.
Mr. Hanson might be here, you know. It's a great spot. We appreciate everyone for listening wherever, whenever you're catching us. We're bringing you today's hottest business news as always. And, you know, anything else we want to get into. We might even have a second angle here today. It's some of the sports card business we've been talking about. So, yeah. My kids and I have been watching.
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Chapter 2: Why are sports cards becoming popular collectibles?
So that's another one that if you ask me like what I, I used to love soda, like one, two sodas a day. That's been my now substitute at night is, you know, a sparkling watermelon drinker. And we've talked about some of the CBD drinks, you know, there's a lot of these new THC CBD sparkling beverages that are getting a lot of popularity. I've seen a lot of my friends that are,
moving away from alcohol, like you mentioned, right? These low, kind of low dose THC, CBD drinks that are more social and chill. So, and that's, you don't get the hang of it.
Tanner Iskra I think you're going to start seeing more of that at the bars. It becomes more mainstream and obviously legal. I'm not suggesting like, you know- Tanner Iskra And bars have tried, right?
I mean, I know in New York, we had, there was bars trying to do CBD elixirs and whatnot, and then just regulation kind of got in the way of it. So-
I think that will start to get out of the way as you see the growth. And then it's just, but I do think sometimes there's like contrary. It's like if you're getting buzzed up drunk versus the mellow, those are opposing parties.
It is. I mean, I got friends, they like beer and you're one of those guys. Yeah. I like beer. You're a beer guy.
I'm not like a raging, like I don't know. I can drink 10 beers and be kind of the same guy. Some valuable personalities change.
Yeah. People pick their poison. But I think having an alternative, like say the CBD drinks, where before we had nothing, right? It was alcohol or nothing. And even now you have some of these drinks. I forget the name of the company. Katy Perry is a partner in it. But they make these like champagne drinks that have mushrooms and L-theanine.
And I, it was a friend of mine was pregnant and she introduced me to it actually. So there's, you're right. It's going to 10 X, all these alternatives, all these alcohol alternatives, and some of them give you a buzz and they're good for you. So yeah,
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Chapter 3: What are the health benefits of cold plunges?
But going to a game or going to a party, I just don't know about rocking it. Like. Like right now. It'd be a little funky. It was a sports show maybe, but I don't still know. Pull that off. I don't know if I want to pull it off, but I like them. I see other people and I'm like.
Maybe for Halloween. Yeah. Like you could be Larry Bird.
Yeah, I'm actually Larry Bird. Yeah, exactly.
Tall white guy.
Yeah. I love it. The XRP news. Bitwise XRP ETF clears first hurdle towards 8 billion jackpot. Bitwise has cleared a huge hurdle towards launching a spot XRP exchange traded fund. Part of a bigger, big $8 billion inflows, the Security Exchange Commission has acknowledged the asset manager's application to launch, making it the third applicant to pass this important milestone.
The likelihood of an XRP ETF approval is high. Would that set an XRP itself up? Yeah, absolutely.
Of course, because now you have it. I mean, it's a true security like that's that's where your parents are going to their stockbroker down the road. And they're saying, OK, Mr. and Mrs. Alford, we're going to put 10 percent in this XRP ETF. And they'll say, OK, that sounds safe and good. That's what I see happening.
What's going on with the market in general?
It got slammed this week. And from what I'm reading, again, I'm no freaking crypto expert or no financial advice, but... Crypto Chris.
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