This rip of TFTC was brought to you by River.

It's the best place to buy Bitcoin.

Go to river.com slash TFTC and enjoy this episode. You've had a dynamic where money has become freer than free.

If you talk about a Fed just gone nuts, all the central banks going nuts.

So it's all acting like safe haven.

I believe that in a world where central bankers are tripping over themselves to devalue their currency,

Bitcoin wins. In the world of fiat currencies, Bitcoin is the victor.

I mean, that's part of the bold case for Bitcoin.

If you're not paying attention, you probably should be.

Yeah, the attack is here.

Cool. You felt this was coming instinct instinctually oh yeah so i thought

this was coming instinctually um the the the situation with bitcoin and the etfs and the approval and

and uh gary gensler um finally having to relinquish i felt he was like king canoot standing against

the tide.

But the instinctual part here is that I really did, I really do think, and I talked with Kate

Long about this about a year and a half ago and she's like recoiled at horror at the concept

that I think the Fed has decided that Bitcoin is part of the financial system and is a good

collateralizable asset, but they want to have control of how it's collateralizes, I think, the sofa market. And it's just one aspect

of how to ensure that there's a, there's plenty of liquidity within the, within the U.S. Treasury

spaces, things change because the world is clearly changing. And they need all the,

they need all the help they can get. And so that's what I think. No, and I said this on a few

podcasts and wrote a few newsletters about it, but the haste with which the ETS were approved and

...