Some follow the noise.

Bloomberg follows the money.

Because behind every headline is a bottom line.

Whether it's the funds fueling AI or crypto's trillion dollar swings,

there's a money side to every story.

And when you see the money side, you understand what others miss.

Get the money side of the story.

Subscribe now at Bloomberg.com.

America is hosting the World Cup, and let's be honest, it's not quite the same.

The goalie has just been ejected and given away a PK that could send it to overtime.

What's this guy on about? But one thing that's universally understood is free. Have a completely free-shotted cash prizes every day of the tournament. With Paddy Power's new free-to-play game, Cash Cup. 750K to be won across the tournament. Nobody does football better than us. Paddy Power. Win at the game, receive a selection. If the selection wins, you win a share of the daily cash prize. Only one entry per round. Eligibility restrictions and further tis and Capplication. There's a reality that this is a competition to the US dollar in big banking. And that's why you've got people like Senator Elizabeth Warren and others that are digging their heels in that this is going to ruin the economy because it's a competitive nature to big banking.

If they could have banned it, they would have banned it. And now we're in a place where

they're instead of fighting it, I think they're embracing it. I mean, not just the U.S.

government's got its reserve, but other countries around the world are looking at reserves.

And big banking corporations like BlackRock and others have added this to the balance sheet. All right, Chris, we're going to cover the three biggest myths about Bitcoin. The first one is, it's too late to buy Bitcoin. It already ran up a bunch. There's no return left. What do you say to that? I think that's kind of a silly concept when you're talking about something that has scarcity, unlike any other asset class that's out there. We're talking about trillion dollar IPOs right now, and you're worried that Bitcoin's not going to get to two or three, maybe even 10x where it's at today. What do you think? Well, I definitely think that the trillion dollar IPO is a great point. But more importantly, is not so much what is the solution, but what is the problem? The problem is

government spending. It's undisciplined. They continue to print as much money as they possibly can. These people are like drunken sailors, both sides of the aisle do it. And so if the problem is going to persist, then of course the solution is only going to become more valuable over time. And if you look at Bitcoin's performance over the last decade or so, well, guess what's happening simultaneously. The government was printing and printing and printing. And so if they're

going to keep printing, then Bitcoin's going to keep going up. And I always love the saying that Bitcoin's got no top because the dollar's got no bottom. And it seems like that's going to be the thing going forward. Yeah, I totally agree with that. When you think about it in relativity to all the other assets out there, especially fiat currency today.

there's no doubt to me that every and you're right both sides of the aisle are doing it when there's a problem they press print and that's what we're left with is a more debased currency i think it's they averaged it out like it's like eight to nine percent debasement per year now and that's what they they're reporting. I mean, you and I look at truflation and things like that. Nothing, nothing has changed as far as

the prescription of problems out of D.C. And nothing will change for quite a while. They back

themselves into this corner and there's no getting out of it. It's either play with rates or print

money. I mean, it is pretty, pretty insane, but we have a solution. So now everyone can,

can calm down. All right, myth number two. Actually, somebody was just talking to me about this,

...