Paul, do you see this, though, in relation, and I'm thinking about tech stocks now, because one of the things we have seen over the past two months is just the move towards virtual.

Anything that can be done virtually has had great success, whether it be Zoom or any of the big tech companies in the Valley, because we're all able to do that virtually.

Is that the way you see Bitcoin and separately do you own gold? I was going to ask

at the same time. I have assets and gold also. I think gold can go substantially higher.

And yes, the digitization of the world clearly benefits Bitcoin. I mean, we wouldn't even be talking about Bitcoin if we

weren't seeing First cousins like Venmo and a variety of other ways. My children don't even

carry cash. They barely even know what cash is. So we're clearly digitizing the global economies. You've seen some countries do it

explicitly like India. You're seeing other countries on the way to do it like China. So we're getting

in an increasingly digitized world. And Bitcoin will be that much more accessible by that universe

of people that could own it as a store of value.

When you think about every bull market, every single bull market, has one common threat,

an ever-expanding universe of people who own it.

So there's probably the estimates are between 55 and 70 million people own Bitcoin.

We really, if you're buying Bitcoin, your bet is that number is going to go to 120 million or to 200 million.

And it's kind of hard when you look around and you see that the world's becoming increasingly digitized,

not to think that the preponderance

evidence at this point in time doesn't point in that direction.

Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and

the big picture power shifts remaking our world.

The breakdown is sponsored by nexo.io and produced and distributed by CoinDes.

What's going on, guys? It is Monday, May 31st. Happy Memorial Day. Regular listeners of the show will have often heard me make mention of a specific seminal paper

from last May. It was by Paul Tudor Jones and his team, called The Great Monetary Inflation.

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