4.8 • 2K Ratings
🗓️ 21 July 2025
⏱️ 35 minutes
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| 0:00.0 | Today's Animal Spirits Talk Your Book is brought to you by Grayscale. Go to greyscale.com to learn more about all of their various crypto offerings and research. |
| 0:08.2 | Again, check out Grayscale.com to learn more. |
| 0:12.8 | Welcome to Animal Spirits, a show about markets, life, and investing. |
| 0:16.9 | Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching. |
| 0:22.1 | All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Riddholz wealth management. |
| 0:28.4 | This podcast is for informational purposes only and should not be relied upon for any investment decisions. |
| 0:34.2 | Clients of Ritholt's wealth management may maintain positions in the securities |
| 0:37.5 | discussed in this podcast. Welcome to Animal Spirits with Michael and Ben. It is Wednesday, July |
| 0:46.9 | 9th, 345 Eastern, and Bitcoin is Bitcoining. It is very close to hitting an all-time high. |
| 0:53.8 | It's been an unbelievable journey with this with this thing. |
| 0:58.0 | As I said to David, unfortunately for many years, I laughed. |
| 1:02.0 | And that's okay. |
| 1:03.1 | Can't go backwards. |
| 1:03.9 | And at the time, probably was worthy of being laughed at. |
| 1:06.0 | But people kept pushing, strong voices, strong opinions. |
| 1:10.6 | And listen, they won. Credit where credit is |
| 1:14.2 | due. You may not like it, but if you were one of these people who thought it was rat poison, |
| 1:19.6 | a scam, going to zero malware, whatever, stop, it's over. They won. So do you remember in March |
| 1:24.8 | 2020 intraday, at one point it has fallen 50% I think in 24 hours |
| 1:30.0 | and it was at like $5,000 in like the height of the pandemic? |
| 1:35.7 | It's pretty wild that how much it's up since then. |
| 1:38.9 | And you're right. |
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