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.

Ryan, thank you for joining us.

I think these have been an interesting discussion

because I think you've been heavily immersed

in what many would deem to be the Tradfai world

for years with Embry asset management.

You founded it in 2008.

So I think you've been through a couple of Tradfai cycles.

Interesting founding an asset manager in 2008 when the world was a bit more chaotic.

So I think to really set up this conversation is let's go back to 2008, starting

Empry Asset Management being very successful in that world and then coming to find Bitcoin

and really lean into it full bore.

Yeah. It's really through conversations like this that makes me think back to

what that was then because 2008 was a fascinating time, right? It was a true financial crisis, right?

Driven by finance, you know, consequences to finance. It was just financial all

all around, right? Money markets trading, it discounts to their, you know, power value or a dollar,

...