Hello and welcome to the meme lord's takeover episode of Slate Money.

Your guide to the business and finance news of the week, I'm Felix Salmon of Axios, I'm

here with Emily Peck of Axios. Hello, hello. With Elizabeth Spires. Hello. And guys, we have

the perfect guest on for this week. Welcome, Matt Levine. Hi, thanks for having me. Matt

Levine, you need no introduction, but introduce yourself anyway. Who are you? I'm a columnist

for Bloomberg opinion. I write a daily-ish newsletter called Money Stuff. Recently, it's been

Elon Musk stuff, and I just published a long article in Bloomberg Business Week about crypto,

which is awesome. Everyone should really go out by it in print, if you can, because it looks

beautiful in print. This copy is going to be scarce. Collector's items. Make them into NFTs,

obviously. Please don't make that joke. You're the 40th person to make that joke this week.

First to do it on Slate Money. That's true. We are going to talk about that article, obviously. We

have so much to talk about. We're going to talk about the cryptos. We're going to talk about credit

Swiss, which is breaking itself up. We are, of course, going to talk about Elon Musk buying Twitter,

which is now official. It has happened, which it is now owned by Elon Musk. It is a fun show.

You're going to love it. It's all coming up on Slate Money.

Okay. So, Matt, it finally fucking happened. I know. I was not expecting it to have happened

by now. Recording on Friday morning. I figured it would be like, I figured it'd be 420, but,

you know, exactly. He would do the deal at 420 on Friday. In fact, he did it a day early on Thursday.

Yeah. Not what I predicted. He was unusually swift. Then, by Thursday evening,

the top three executives of Twitter had all been fired. Twitter is as of this recording and

as of listening to this podcast now, wholly owned by a meme lord. It does make sense that

the person who values using Twitter the highest would now own Twitter. I mean, that doesn't really

...