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Are 'Cryptokitties' the Next Bitcoin?

December 05, 2017
Staff

WRITER

One bitcoin now equals $11,245 in U.S. dollars. Will the cryptocurrency market continue to rise, or is it a bubble? Glenn and Stu debated this question on today’s show while talking about an adorable new trend in digital currency: collectible “CrypoKitties.”

Huh?

A CryptoKitty is a digital collectible that’s basically the online version of a valuable trading card. People are spending real money on these virtual kitties — $1.3 million has been transacted by the game so far.

How does it work?

Based on the Ethereum blockchain technology that fuels the world’s second largest digital currency, CryptoKitties works with the digital wallet MetaMask and accepts the digital payment ether. If you want more details, the website has a handy FAQ section.

Will I lose my CryptoKitty when the game isn’t trendy anymore?

According to the creators, no. “Each cat is one-of-a-kind and 100% owned by you; it cannot be replicated, taken away, or destroyed,” the website says. Because the game is decentralized, CryptoKitties can live forever on the Ethereum blockchain, unlike other web games that are stored on a database and depend on the company continuing to host them.

This article provided courtesy of TheBlaze.

GLENN: Interesting weekend for bitcoin. It went from 12,000 to a low of 10,6. Do you know why?

This is actually something you should watch. Do you know why it had such a big blip? It lost 1,000 bucks, that fast. You know why?

STU: I don't know why, no.

GLENN: Telegraph reported, right about the time of the big drop, in the UK, that they are now -- the UK is going to launch a crackdown on the virtual currency bitcoin, amid growing concern it's being used to launder money and dodge tax.

So now you have England saying, we're going to look into this. We might start regulation. So it went down. Almost 2,000 points. And then by the end of the day, it had bounced back up. What is it at now?

STU: 11,300.

GLENN: 11,300.

STU: What a disappointment. From 800 in January.

GLENN: A lot of people say that bitcoin is in a bubble. And you could make the case. And a pretty strong case that it's in a bubble. One that I haven't really been willing to look at.

STU: This time it's different. It's never going to stop. It's always --

GLENN: Right. It's never different.

However, I think I have the evidence that makes me say, we are definitely in a bubble. Here it is: Launched just a few days ago, crypto kitties -- crypto kitties, essentially like a digital version of Pokémon cards, but based on the Ethereum block chain, is becoming one of the biggest viral sensations to catch on in the tech world.

Design studio. People are spending a crazy amount of really money on the game. So far, about $1.3 million has been transacted with multiple kittens, selling for 50 Ethereum coins. And the genius kitten being sold for a record of 246. That's $113,000.

So here's what it is: I think -- I think there are only a certain number of virtual kitties that are born.

STU: And when you say -- you mean like cats. Little cats? Digital cats?

GLENN: Little digital cat. Okay? Just a digital cat. And they're born through the block chain.

STU: So stupid.

GLENN: So you buy a cat that is a digital block chain cat.

STU: Uh-huh.

GLENN: And then you can interact with the digital cat. Let's see what it says that you do, I know the idea is to trade. It's like Beanie Babies. To trade and to buy a better cat, that doesn't exist.

STU: Okay. So it's a bubble. We can now clarify.

GLENN: Yeah, it's definitely a bubble. What you do is you collect cats. Here are the cats right here. How to play. There are are the cats.

STU: They all look pretty much the same.

GLENN: They're very different.

STU: They're very different?

GLENN: No, they're very different. Game was ceded with 100 founder kitties. This -- there's also a new gen HEP zero cat, released every 15 minutes, which are listed for the average price of the last five sold, plus 50 percent. But the sale price declines over 24 hours, until somebody actually buys the cat. Anyone can sell their kittens via an auction, where they pick a starting price and an ending price. And the price declines over time, until someone buys the cat.

So, for example, I could put a kitten up for sale for a one-day auction at one Ethereum coin.

STU: Ether or Ethereum.

GLENN: Yeah, Ethereum coin. Starting at one and an ending price of zero.

And if somebody buys it 12 hours after the auction starts, they pay me .5 Ethereum points.

STU: Which is like a couple hundred bucks.

GLENN: You can also create new kittens by breeding them.

STU: Okay. So block chain sex is basically what's happening?

GLENN: No. Block chain cartoon kitty sex.

STU: That's much more --

GLENN: So you are taking money that has no real value, because it doesn't actually exist. You're buying that bogus money, and you're trading that bogus money for a bogus cat.

(chuckling)

GLENN: That doesn't exist. And your hope is that you're going to sell that fake cat. Or breed a better fake cat. And sell it for more of the fake coins than anybody else.

STU: Obviously -- did you feel the need to explain that to the audience?

GLENN: No, I was just talked down to a couple of the slow people that don't really understand that, yes, indeed, perhaps this is a bubble.

(music)

STU: It's funny. You brought up Beanie Babies. People talk about in this bubble way. That's such a fascinating story. I did an interview with a guy who wrote a book about it. And I think it's called the great Beanie Baby bubble.

And you think, it's kind of a silly topic. It's a fascinating story, though. This guy was going around trying -- he was a real big entrepreneur. And decided to try to do this -- create these little animals that he would sell and make money off of.

And really, the big -- the reason why the Beanie Baby thing was so big for that time, was that he decided to call these things -- instead of just discontinuing them, he started calling them retired.

GLENN: Ah.

STU: And when he said retired, as soon as he said, we're going to retire this stupid Beanie Baby, people would rush to stores and bid the price high.

So the whole time, the entire process was people trying to figure out who would next be retired. Because as soon as they got retired, the price would go up. And the people buying the new ones were basically on the idea that eventually there would be a retirement and they would be able to cash in.

And what -- the guy who wound up doing it, was obsessed with these things. Meticulous, to the point of he would spend hours looking over samples of the eyes. Took it super seriously. And designed like every one of these things. And he wound up making like $2 billion off of this.

It's -- kind of came and went.

GLENN: So how many people have parents who collected the Beanie Babies?

STU: Oh, yeah.

GLENN: And they have a closet full of the Beanie Babies. And you know at the time, Beanie Babies, it's not going to work. You're not going to retire on the Beanie Baby money. And they saved them. And they have them. Now is the time where you -- where you -- where the -- where boys are boys and men arrive. The men say, the hell my Beanie Baby collection isn't going to be worth something. I'm keeping it.

(chuckling)

Because everybody is looking at their Beanie Baby collection now going, this is so stupid. Get rid of it. Once everybody gets rid of it, those who save those Beanie Babies.

STU: And you carry that dream to your grave, don't you?

GLENN: Yeah, I'm going to lock them all in my coffin with me.

STU: It's funny. Who knows there's more technology involved in it than Beanie Babies. So you think it may have a little bit more --

GLENN: The kitties?

STU: Yeah, well...

GLENN: No. Dear God -- Stu, don't try to talk yourself into the kitties have value.

STU: I'm talking this technology.

GLENN: Oh, the block chain. The block chain has -- yeah, the block chain kitties don't have any value. But block chain.

STU: Well, everything has what the market assigns to it, right?

GLENN: That is crazy.

STU: You just got to wait for the right buyer. And it's usually a moron.

GLENN: So I you think. For instance, tell me the tulip story, that you know.

STU: The tulip story is there became this sort irrational exuberance, is the phrase they often use in these terms.

GLENN: Yeah, yeah.

STU: And they started trading them as currency.

GLENN: So why did it -- what was the spark for it? What happened? How is that possible?

STU: It's been a while. I don't remember. Right?

GLENN: Okay. So I never heard it -- here's the thing: This was at the time when people were just starting to keep gardens and starting to have lawns and everything else. And the really, really, really rich people were starting to do that. The bulb, I don't know where the tulip bulb came from. I'm not deep in the book. I'm kind of scanning it.

But the -- the idea that all of a sudden a thing of beauty, it's looked at as art, this one bulb, is -- is art. Okay? So you could put this in your house. Or you could put this in front of your house or whatever, and it's a thing of beauty and a thing of art. So it's like the art craze, it doesn't even look like anything. That's just a blue canvas. No, it's worth $121 million. Okay. Good for you.

Same thing. They thought this was a thing of beauty and a thing of art. And they thought there was only one of them. And so they thought, this is going to catch on. Because all the rich people are going to want them all in their gardens, all over the world. Which they did. It just didn't work out as well as they thought because you can make more of them.

STU: You can make more tulips?

GLENN: Yes, you can. Yeah, yeah, yeah.

STU: There's inflation in the tulip market?

GLENN: Yeah.

STU: It does seem that way.

GLENN: But you can see -- you can see how people like bitcoin wait a minute. Hang on. There weren't a lot of tulips. We think now, tulips, they're everywhere. Not a lot of tulips. And they're making new tulips. I don't know how you breed tulips. But they're making new ones. People are going to have these things called lawns. And they're going to want a flower box. It was at the beginning of flower boxes and bringing flowers in.

STU: Right.

GLENN: You don't really even think of it like that, you know.

STU: It's a bit of a stretch.

GLENN: It's why it was a bubble in disaster.

STU: Okay. Okay.

GLENN: But, again, you can kind of -- like, I can't make a case for the kitty cats. Can't. No. Can't.

STU: This is a pet rock, right?

GLENN: No. No. The pet rock cost, what? Two dollars? People are spending $150 on --

STU: The same thing with Beanie Babies. Every one of these trends, you can always say, a Cabbage Patch what level of entertainment, enjoyment, it gives the individual. That's why things happen on the market. There's a lot of stuff that -- I see purses that my wife buys, and I think that looks like it's worth $12. And it's not.

GLENN: Again, not at all.

STU: No.

GLENN: And, again, that is a thing that is tangible.

STU: Yeah.

GLENN: That is a thing that goes with style.

STU: But that is something -- that's a weird. That's an old timey observation. Right? We used to say the same thing. That company, they don't even produce anything. That's what we used to say when the, quote, unquote, internet bubble happened. And now I'm pretty sure that one wound up being big. That internet thing.

GLENN: All right.

STU: I already have 12. They're on sale.

GLENN: Yes, but I have the genius kitty.

Trump’s secret war in the Caribbean EXPOSED — It’s not about drugs

Bloomberg / Contributor | Getty Images

The president’s moves in Venezuela, Guyana, and Colombia aren’t about drugs. They’re about re-establishing America’s sovereignty across the Western Hemisphere.

For decades, we’ve been told America’s wars are about drugs, democracy, or “defending freedom.” But look closer at what’s unfolding off the coast of Venezuela, and you’ll see something far more strategic taking shape. Donald Trump’s so-called drug war isn’t about fentanyl or cocaine. It’s about control — and a rebirth of American sovereignty.

The aim of Trump’s ‘drug war’ is to keep the hemisphere’s oil, minerals, and manufacturing within the Western family and out of Beijing’s hands.

The president understands something the foreign policy class forgot long ago: The world doesn’t respect apologies. It respects strength.

While the global elites in Davos tout the Great Reset, Trump is building something entirely different — a new architecture of power based on regional independence, not global dependence. His quiet campaign in the Western Hemisphere may one day be remembered as the second Monroe Doctrine.

Venezuela sits at the center of it all. It holds the world’s largest crude oil reserves — oil perfectly suited for America’s Gulf refineries. For years, China and Russia have treated Venezuela like a pawn on their chessboard, offering predatory loans in exchange for control of those resources. The result has been a corrupt, communist state sitting in our own back yard. For too long, Washington shrugged. Not any more.The naval exercises in the Caribbean, the sanctions, the patrols — they’re not about drug smugglers. They’re about evicting China from our hemisphere.

Trump is using the old “drug war” playbook to wage a new kind of war — an economic and strategic one — without firing a shot at our actual enemies. The goal is simple: Keep the hemisphere’s oil, minerals, and manufacturing within the Western family and out of Beijing’s hands.

Beyond Venezuela

Just east of Venezuela lies Guyana, a country most Americans couldn’t find on a map a year ago. Then ExxonMobil struck oil, and suddenly Guyana became the newest front in a quiet geopolitical contest. Washington is helping defend those offshore platforms, build radar systems, and secure undersea cables — not for charity, but for strategy. Control energy, data, and shipping lanes, and you control the future.

Moreover, Colombia — a country once defined by cartels — is now positioned as the hinge between two oceans and two continents. It guards the Panama Canal and sits atop rare-earth minerals every modern economy needs. Decades of American presence there weren’t just about cocaine interdiction; they were about maintaining leverage over the arteries of global trade. Trump sees that clearly.

PEDRO MATTEY / Contributor | Getty Images

All of these recent news items — from the military drills in the Caribbean to the trade negotiations — reflect a new vision of American power. Not global policing. Not endless nation-building. It’s about strategic sovereignty.

It’s the same philosophy driving Trump’s approach to NATO, the Middle East, and Asia. We’ll stand with you — but you’ll stand on your own two feet. The days of American taxpayers funding global security while our own borders collapse are over.

Trump’s Monroe Doctrine

Critics will call it “isolationism.” It isn’t. It’s realism. It’s recognizing that America’s strength comes not from fighting other people’s wars but from securing our own energy, our own supply lines, our own hemisphere. The first Monroe Doctrine warned foreign powers to stay out of the Americas. The second one — Trump’s — says we’ll defend them, but we’ll no longer be their bank or their babysitter.

Historians may one day mark this moment as the start of a new era — when America stopped apologizing for its own interests and started rebuilding its sovereignty, one barrel, one chip, and one border at a time.

This article originally appeared on TheBlaze.com.

Antifa isn’t “leaderless” — It’s an organized machine of violence

Jeff J Mitchell / Staff | Getty Images

The mob rises where men of courage fall silent. The lesson from Portland, Chicago, and other blue cities is simple: Appeasing radicals doesn’t buy peace — it only rents humiliation.

Parts of America, like Portland and Chicago, now resemble occupied territory. Progressive city governments have surrendered control to street militias, leaving citizens, journalists, and even federal officers to face violent anarchists without protection.

Take Portland, where Antifa has terrorized the city for more than 100 consecutive nights. Federal officers trying to keep order face nightly assaults while local officials do nothing. Independent journalists, such as Nick Sortor, have even been arrested for documenting the chaos. Sortor and Blaze News reporter Julio Rosas later testified at the White House about Antifa’s violence — testimony that corporate media outlets buried.

Antifa is organized, funded, and emboldened.

Chicago offers the same grim picture. Federal agents have been stalked, ambushed, and denied backup from local police while under siege from mobs. Calls for help went unanswered, putting lives in danger. This is more than disorder; it is open defiance of federal authority and a violation of the Constitution’s Supremacy Clause.

A history of violence

For years, the legacy media and left-wing think tanks have portrayed Antifa as “decentralized” and “leaderless.” The opposite is true. Antifa is organized, disciplined, and well-funded. Groups like Rose City Antifa in Oregon, the Elm Fork John Brown Gun Club in Texas, and Jane’s Revenge operate as coordinated street militias. Legal fronts such as the National Lawyers Guild provide protection, while crowdfunding networks and international supporters funnel money directly to the movement.

The claim that Antifa lacks structure is a convenient myth — one that’s cost Americans dearly.

History reminds us what happens when mobs go unchecked. The French Revolution, Weimar Germany, Mao’s Red Guards — every one began with chaos on the streets. But it wasn’t random. Today’s radicals follow the same playbook: Exploit disorder, intimidate opponents, and seize moral power while the state looks away.

Dismember the dragon

The Trump administration’s decision to designate Antifa a domestic terrorist organization was long overdue. The label finally acknowledged what citizens already knew: Antifa functions as a militant enterprise, recruiting and radicalizing youth for coordinated violence nationwide.

But naming the threat isn’t enough. The movement’s financiers, organizers, and enablers must also face justice. Every dollar that funds Antifa’s destruction should be traced, seized, and exposed.

AFP Contributor / Contributor | Getty Images

This fight transcends party lines. It’s not about left versus right; it’s about civilization versus anarchy. When politicians and judges excuse or ignore mob violence, they imperil the republic itself. Americans must reject silence and cowardice while street militias operate with impunity.

Antifa is organized, funded, and emboldened. The violence in Portland and Chicago is deliberate, not spontaneous. If America fails to confront it decisively, the price won’t just be broken cities — it will be the erosion of the republic itself.

This article originally appeared on TheBlaze.com.

URGENT: Supreme Court case could redefine religious liberty

Drew Angerer / Staff | Getty Images

The state is effectively silencing professionals who dare speak truths about gender and sexuality, redefining faith-guided speech as illegal.

This week, free speech is once again on the line before the U.S. Supreme Court. At stake is whether Americans still have the right to talk about faith, morality, and truth in their private practice without the government’s permission.

The case comes out of Colorado, where lawmakers in 2019 passed a ban on what they call “conversion therapy.” The law prohibits licensed counselors from trying to change a minor’s gender identity or sexual orientation, including their behaviors or gender expression. The law specifically targets Christian counselors who serve clients attempting to overcome gender dysphoria and not fall prey to the transgender ideology.

The root of this case isn’t about therapy. It’s about erasing a worldview.

The law does include one convenient exception. Counselors are free to “assist” a person who wants to transition genders but not someone who wants to affirm their biological sex. In other words, you can help a child move in one direction — one that is in line with the state’s progressive ideology — but not the other.

Think about that for a moment. The state is saying that a counselor can’t even discuss changing behavior with a client. Isn’t that the whole point of counseling?

One‑sided freedom

Kaley Chiles, a licensed professional counselor in Colorado Springs, has been one of the victims of this blatant attack on the First Amendment. Chiles has dedicated her practice to helping clients dealing with addiction, trauma, sexuality struggles, and gender dysphoria. She’s also a Christian who serves patients seeking guidance rooted in biblical teaching.

Before 2019, she could counsel minors according to her faith. She could talk about biblical morality, identity, and the path to wholeness. When the state outlawed that speech, she stopped. She followed the law — and then she sued.

Her case, Chiles v. Salazar, is now before the Supreme Court. Justices heard oral arguments on Tuesday. The question: Is counseling a form of speech or merely a government‑regulated service?

If the court rules the wrong way, it won’t just silence therapists. It could muzzle pastors, teachers, parents — anyone who believes in truth grounded in something higher than the state.

Censored belief

I believe marriage between a man and a woman is ordained by God. I believe that family — mother, father, child — is central to His design for humanity.

I believe that men and women are created in God’s image, with divine purpose and eternal worth. Gender isn’t an accessory; it’s part of who we are.

I believe the command to “be fruitful and multiply” still stands, that the power to create life is sacred, and that it belongs within marriage between a man and a woman.

And I believe that when we abandon these principles — when we treat sex as recreation, when we dissolve families, when we forget our vows — society fractures.

Are those statements controversial now? Maybe. But if this case goes against Chiles, those statements and others could soon be illegal to say aloud in public.

Faith on trial

In Colorado today, a counselor cannot sit down with a 15‑year‑old who’s struggling with gender identity and say, “You were made in God’s image, and He does not make mistakes.” That is now considered hate speech.

That’s the “freedom” the modern left is offering — freedom to affirm, but never to question. Freedom to comply, but never to dissent. The same movement that claims to champion tolerance now demands silence from anyone who disagrees. The root of this case isn’t about therapy. It’s about erasing a worldview.

The real test

No matter what happens at the Supreme Court, we cannot stop speaking the truth. These beliefs aren’t political slogans. For me, they are the product of years of wrestling, searching, and learning through pain and grace what actually leads to peace. For us, they are the fundamental principles that lead to a flourishing life. We cannot balk at standing for truth.

Maybe that’s why God allows these moments — moments when believers are pushed to the wall. They force us to ask hard questions: What is true? What is worth standing for? What is worth dying for — and living for?

If we answer those questions honestly, we’ll find not just truth, but freedom.

The state doesn’t grant real freedom — and it certainly isn’t defined by Colorado legislators. Real freedom comes from God. And the day we forget that, the First Amendment will mean nothing at all.

This article originally appeared on TheBlaze.com.

Glenn Beck joins Megyn Kelly LIVE — One night ONLY in Fort Worth!

Get ready for sparks to fly. For the first time in years, Glenn will come face-to-face with Megyn Kelly — and this time, he’s the one in the hot seat. On October 25, 2025, at Dickies Arena in Fort Worth, Texas, Glenn joins Megyn on her “Megyn Kelly Live Tour” for a no-holds-barred conversation that promises laughs, surprises, and maybe even a few uncomfortable questions.

What will happen when two of America’s sharpest voices collide under the spotlight? Will Glenn finally reveal the major announcement he’s been teasing on the radio for weeks? You’ll have to be there to find out.

This promises to be more than just an interview — it’s a live showdown packed with wit, honesty, and the kind of energy you can only feel if you are in the room. Tickets are selling fast, so don’t miss your chance to see Glenn like you’ve never seen him before.

Get your tickets NOW at www.MegynKelly.com before they’re gone!