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Today's question comes from Chris in Florida. He says, you used to be hardline against crypto,

but in the last couple of months, you've said that if you want to spend your fund money on crypto,

go ahead, but it's speculation. Have you softened your stance on crypto? What would it take for you to see crypto as

legitimate as any other currency, as as legitimate? Dave, have you gone soft on us? Well, let's start

with the basics, okay? There is no currency, regardless of how legitimate, that is a valid investment.

You should not buy the Chinese yen as an investment because your golfing buddy said it was a good idea.

Or some idiot on TikTok.

You should not buy the U.S. dollar or the euro and speculate on currency values.

That's what Bitcoin is.

If it's having a good day, that's what Bitcoin is.

Okay, it is not a place to invest.

If you want to speculate in commodities like gold or silver or wheat futures or whatever future, that's what currency is.

You're speculating.

You're gambling.

Then that's up to you.

But don't call it an investment and no, I haven't gone soft.

Anyone who does that, I think, is wasting money.

Speculating in commodities, I do zero of.

Gambling in Las Vegas, I do zero of.

My daughter, Rachel, on the other hand, has been known to be at the craps table in Vegas,

but she thinks that's fun. I don't think this is fun. It's not, I don't understand it. I don't think it's fun. I've got a buddy of mine put, you know, he put $10,000 and he's worth about $40 billion or something. I don't know what he's worth a bazillion dollars. And he put like $10,000 into crypto just so he could make fun of me because he knew it would get a rise out of me.

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