I think from the perspective of base specifically, if it doesn't offer governance, if it doesn't really give you anything, then what's the point to owning the token?

So I think they're going to need to answer a bad question.

But Coinbase is likely to be a lot less careful than they were before in branching out and looking at other ways to expand their footprint,

given the change in the administration. And, you know, Brian Armstrong spent a lot of effort

on cultivating that. I think now is the time he's going to try to reap the benefits of what he's

so. I think people around the dinner table are feeling paying around inflation. But the amount of

apocalyptic predictions

that were made in the spring by leading economists about how all this would cripple the American

economy and we would be in, you know, death throes of supply chain dislocations and, you know,

there'd be urban and riots. It just didn't come to fruition. Welcome to another episode of Bits and Bips, exploring how crypto and macro collide one basis

point at a time.

A lot to discuss today.

We're going to spend quite a bit time talking about the new base token.

Frankly, I'm not sure we've ever speculated so much about something that we know so little

about, but that is the world that we live in.

And that's not going to keep us from speculating wildly. So let's go ahead.

One early bitcoiner sold 30,000 BTC too soon, missing out on over a billion dollars.

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Bitcoin. Check out Zappobank.com slash Unchained for more. I am your host, Steve Earlech, High Scribe

of the Unchained Kingdom. And I am here with one of our regular co-hosts, Ram Al-Walya, the

master wealth leader of Lumida. Welcome, Ron. Hey, how's it going?

And we have two special guests today. Again, first we have Nick Carey, the unshackled Lord

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