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Well I'm going to start today's podcast by talking about Bitcoin and cryptocurrencies,

Coinbase.

You know a lot of people have been waiting all week for me to comment on Bitcoin, particularly

given what happened to Bitcoin over the prior weekend.

I think it was Saturday night when it really fell out of bed and I was going to do it, but

then I got distracted by other things and I put out two consecutive podcasts on completely

unrelated topics, which I don't even want to mention on this particular podcast, but if

you listened to my last two podcasts, especially my last podcast, you not only know what the

topic of those podcasts is, but why I'm not going to mention it now.

And if you didn't listen to those two, well, give them a listen.

But now what you've all been waiting all week for, I am going to talk a little Bitcoin.

Now if you're not aware, Bitcoin really had another one of its crashes last weekend.

It all happened, I think, on a Saturday night if I'm not mistaken, but it was a very

sharp crash of about 20%, right, which is par for the Bitcoin course.

We have lots of big, sharp moves.

The interesting thing is Wall Street likes to define a bear market as a decline of 20%.

That's technically, you know, how they define it to differentiate it from a correction.

So if a market goes down from its highs by less than 20%, Wall Street just says, oh,

...