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.

Crazy times, sitting down again with head down.

And I think we're going to ease into it with somewhat benign information.

Maybe it's not benign, but I think the least controversial topic of the week, which is the Federal Reserve, finally cutting rates,

25 bips. And you were telling me that you think this is a slap in the face to Trump.

Well, look, the prediction markets are expecting 25. Our math was showing they should have done 50.

That was our call. I don't care that I'm wrong because I've said to people, if they do 25, it's kind of a thumb

in the eye of Trump.

They're probably going to be doing more cuts as we rolled forward.

Housing starts and permits came out today.

They were a disaster.

We've been predicting a real estate housing crisis. We put out a report in January

that talked about that that people can buy. And our conviction in that call is only just getting,

you know, more convicted, I should say. And today, today the data is bad. My partner Carlos called me this morning.

He said, I'm updating the dashboards, and this is pretty bad. So the housing market's rolling over.

People can't afford to own homes. The millennials can't buy from the boomers. It's a disaster.

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