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Hello, and welcome to another episode of the Odlots podcast. I'm Joe Wisenthal.

And I'm Tracy Alloway.

So, Tracy, you know, it's been obviously an incredible year for crypto overall,

for Bitcoin, for a bunch of things going on, Ethereum, DeFi, NFTs, etc.

But I feel like, in some sense, some of the narrative enthusiasm has moved away from Bitcoin.

At least it feels like it in the last few months.

Oh, absolutely. I mean, part of this, I think part of this is because obviously you and I are

in financial journalism. We're talking with people who are in the financial industry,

quite a lot, but it feels like the enthusiasm from traditional financial players,

I'm thinking bankers and traders, that has squarely moved on to DeFi, to things like Ethereum,

to places where there seems to be a lot of innovation and a lot of changes happening or

browned what you can actually do with the technology and with a wider pool of crypto. Whereas like,

I got to say, the Bitcoin maximalists, sorry, you got me going now, but the Bitcoin maximalists are

sort of like, they've turned into like the gold bugs of the traditional market,

...