You mentioned institutions and sovereign wealth funds, we're still waiting to see kind

of clear evidence of that, but I guess they keep things kind of quiet.

Are you seeing anything there and then finally I want to get your answer as what will this

super cycle look like?

Yeah, so we're now on the sovereign wealth side, we've seen a little bit there more of like

barely any action, basically El Salvador, but on the institutional side, we're seeing almost

every legendary investor in the world come into the space, you know, Paul Tudor Jones,

Adalio, I mean, these are legendary macro folks.

Druck in Miller, you've got basically huge swaths of the existing hedge fund, you know,

I would say like thought leadership going Bitcoin is goal 2.0, which is wild because that's

what I believe in in 2012.

So to see it come this far has been extremely validating because you got to realize back

in 2012, we were considered fucking lunatics, I mean, people thought we were nuts, to be

honest.

They were like, okay, so you have a money that's not created by governments.

Basically people felt Bitcoin was magic internet money, and I wake up 10 years later,

and you've got the most influential hedge fund macro traders in the world saying, yeah,

Bitcoin's goal 2.0.

Pretty cool.

Yeah, why were here?

Can you speak on that?

I mean, those early crypto meetups, I'm guessing in San Francisco, you know, a lot of people

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