I've honestly gotten away from mainstream media the past few years, due to severe bias of large publishers like NYT, etc. and so I have no clear favorite. That said, I am open ears to find one if you have any recs! With your handle, are you a writer in FW?

Right on 👊

I have not studied India, but it is not a secret that the economy is growing rapidly and with a young demographic this can continue. Challenges may be around energy, but this can be solved IMO.

Haha. Texas has the best brisket in the country, and the absolute best I have ever had was at a tiny roadside shack out in super rural hill country. The place was literally falling down and behind a row of mesquite.

Ate outside at a picnic table, had a plate of fantastic juicy brisket and the flavor was immense.

I have zero insight into their thinking and believe that it is not just foolish, but they will lose assets over this. I also believe they will change their stance in the next 12 to 24 months. But that is my uninformed opinion and just competitive market driven expectation.

awesome thank you!

Well, I believe the ETFs are a great path to rapid adoption for institutions and as a whole will be a big positive for the space. The said, as we have seen, the markets can be disjointed at times with the ETFs only trading market hours and the spot trading 24/7. Also, there is always a non-zero probability that the custodian of one of these ETFs somehow mis-steps or fails. Probably a much lower probability than an individual losing keys, etc., but the scale would be much larger and possibly catastrophic to many individuals. I don't count this as a significant probability, but it cannot be ignored entirely.

There's definitely more interest across the board, as far as I have seen. The ones asking about Bitcoin tend to be smaller family offices or pensions that have less red tape and more flexibility in their investing mandates, thus far. That said, I see this shifting dramatically in the next year or so. As far as individuals, the ones asking are definitely in the high net worth category, as they obviously have much more discretionary capital to invest right now. I am getting more calls from those friends than the ones who have been struggling, no surprise I suppose.

Ah thank you Ken, I sincerely appreciate that and this makes it all worth it!

nope

Show them (don't tell them) how the money is broken and Bitcoin protects them from the fiat madness.

just learning about it. I like it so far!

Maybe! Let's see, I think of a home as an integral and important part of my life, not just an investment. Because homes should keep their value and increase with inflation, this shouldn't be an issue, IMO. The only question would be how much Bitcoin would you be willing to part with to buy a home? I err on the smaller side of houses, but that's me, after living in way too large of a house in Dallas and sometimes not entering rooms for months... Also, there will likely be ways to borrow against your Bitcoin in the near future which would allow you to use as collateral without selling. This will be something to consider in 5 or 7 years IMO.

The WOW moments I see in 2025 will be with the addition of Bitcoin to the treasuries of some big companies (think S&P 500), this will precipitate a wider adoption IMO. And as for sovereigns, if they are accumulating, they will keep it as quiet as they can for the time being and so I expect we wouldn't know, even if they are already.

And I think that will happen before 2030.

Haha. Good question. Let's put it this way, the founder never walks around oblivious to the screens like Bobby Axelrod does, there's a whole lot more trading and negotiating activity on the trading floor, there are clear agreements with the portfolio managers on payouts and bonuses, and yeah, there are no psychologists on payroll.

That said, the flashiness and money is real. The houses and cars and ridiculous dinners, crazy obsessions and collections, etc. all pretty accurate. And a lot of the attitude is accurate, too.

This is a tough one, as I've met some brilliant people in the hedge fund space. But I have to say, every time I speak with Michael Saylor, I feel like I am just trying to keep up. His mind moves so fast and is sharp as a Navy Seal Ka-bar Knife.

Since we got off to a late start here with Kennedy speaking, I'll be on here for an extra 30 mins, FYI!

That it can literally save humanity from itself.

I'm a big fan of heavy mesquite smoke! I love John Henry's Texas Brisket Rub, and I pull it at 203*!

oooh. This is a tough one. Probably a tie between scoring a goal against the prior-year's NCAA champion Harvard team in my first game as a freshman for Yale. I still have that puck in my bookshelves ;) And the other time was stepping out onto the ice against the Russians, wearing the USA jersey when I was playing for the US National Team in 1993.

To be honest, this has been and continues to be a long confusing road for most institutions. The big leap occurred when the spot Bitcoin ETFs were approved first. This immediately demonstrated how Bitcoin is different from all other crypto. That said, MSM still conflate the two regularly and this just confuses the issue. Also, politicians continue to conflate them as well (purposefully in some cases). So, I think the growth in understanding will come with the growth in the MV of Bitcoin and institutional investors being compelled to figure it out themselves. And I think this happens over the next 18 months.