The run up to 100k made lots of people and companies over-lever themselves on the Bitcoin trade thinking it was going to make them rich. Leverage kills.

Vis a vis AI. I think its buildout is being used as one of the ways to delever the post covid bubble and transfer a lot of the wealth that it brought, and its probably the reason bitcoin hasn't fallen too deep. They're going to get their 'soft landing' I think, and nothing will burn or crash like all the podcasters will tell you. Eventually, the guvs will print more money, and if you own some bitcoin, you will be padded from the ill effects that has down the road.

I agree, it is very cool for techie people who can pivot. But luckily, we don't have to choose AI or bitcoin, but we can try to be master of them both. Mere plebian, not a techie, I am, but thankful to sit and learn like you, I will master neither. Eternal September, eternally, for this here guy.

Thanks for keeping your finger on the pulse. Hope you guys are healthy and well.