 Welcome to Digital Asset News, the top stories in crypto, currency, and digital assets, and break them down to bite-sized pieces. Today, we've only got one story, and it's an article that really makes you think about the associations between Bitcoin, cryptocurrency, and digital assets in the real world. And it's the article titled, How Bitcoin Is Like Ham Radio. We're going to go over a lot of different things, and it's going to get pretty deep. And we're going to go over things that just happened recently, where Bitcoin transaction records are not protected by a Fourth Amendment, U.S. court rules. But we're going to get into all those things and more in just a bit. But first, let's take a look at the market. So it is July 5th. It is roughly 1030 Texas time. And it looks like Bitcoin is pretty much trading sideways yet again, 9,038. Not really too much going on. I think it's been dipping below 8,000 here and there, or in the 8,000 level, but nothing really fantastic. Ethereum 225, Tether's Tether, XRP, XRP. Bitcoin Cash Cardano is slipping into that sixth spot as of yesterday after that huge announcement, which we took a look at that states that Coinbase is going to be doing the custody service for Cardano, which really means that Cardano is going to be listed on Coinbase. And there's a little bit of a dip today at 2.6%, but still, I see big things for Cardano coming up. Bitcoin SV like CoinCrypto.com now in the number nine spot. So interesting things are happening, but not really too much going on. It's a Sunday, so let's just jump right in. So first and only up, I came across this article and I wasn't really going to talk too much about it, but as I read it again and again and again, it's just, there were some things in there that made a lot of sense that would actually help us answer some questions moving forward and you'll understand what I mean in a second. So the article is titled How Bitcoin is like Ham Radio. This is by JP Koenig, Conning Koenig. And I was like, well, who's this guy? JP Koenig, he's a columnist, worked as an equity researcher at a Canadian brokerage firm and is a financial writer at a large Canadian bank. He runs the popular Moneyness blog. So he knows, you know, what he's talking about. He's got some different points of opinion. And, but it was fascinating to go over it and just kind of peel back all the layers that he was talking about. So basically the first paragraph lays it all out. You know, it says Bitcoin is old. It takes days to download the Bitcoin blockchain, just like it took forever to download software back in 94. And I can remember those days. It sucked. Internet took forever. But these days, a little bit quicker. And it goes on a state in an age of instant email and real-time Zell payments. A Bitcoin transfer takes 60 minutes to safely settle. It's more volatile than gold. Thousands of computers are constantly replicating each other's work, making it vastly inefficient. And lastly, there's no privacy. Like a medieval marketplace, anyone can see everybody's holdings. So I know you're right now screaming at the screen because you're like, that's fruit, that's ridiculous. And I can't believe he said that. But in honesty, every single point there is right. There's just different levels and different layers of what is correct and how we disseminate that information. So when you are talking to, and the reason, well, actually, I'm going to say this, the reason why I brought this about is because these types of arguments are going to come up. So as time goes on, I believe that 2020 and 2021 are going to be big years for cryptocurrency assets. So I try to educate people as much as possible. And these types of arguments are going to come up. So I think what better way than to talk about them now and bring them out in the open, so we can have that discussion. So the basic thing is this, when these types of things happen and you are presented with these arguments, really what you have to take a look at is how much of this is true and just kind of break it down layer by layer. So let's break down each point. So first up, Bitcoin is old. That's true. I mean, if you want to look at, well, I guess if you want to compare it to gold, it's like just scratching the surface because Bitcoin is only about 10 years old. But as far as technology goes, a 10-year-old computer, I don't think we'd ever really deal with that, especially on a Microsoft computer. Those computers suck. But if you are looking at a decade-old computer, that's old. Technology, that's a decade-old. We don't usually use that unless you want to use Swift, which is like 40 years old, but whatever. So in that part, yes, it's true. However, even though it's old, it's battle tested. It's been through a lot of ups and downs and it's never been hacked. So if we look at like that part, you're like, well, it is old, but it's dependable. So if you want to trade, do a trade-off, sure. Next part is it takes days to download the Bitcoin blockchain, just like it took forever to download software back on it for. And I was like, I have never actually taken a look and seen how long it would take to download a full node. Now, I don't know what your status is. If you are super into Bitcoin and running a node, then you know this answer. But I think for the majority of us, I'm just guessing here, you watching the video, you might not know how long it takes to download a full node. So let's take a look real quick and how long it takes to do that. So first of all, what's a full node? Full node is a program that fully validates transactions and blocks, almost all full nodes, also health and network by accepting transactions and blocks from other full nodes, validating those transactions and blocks and then relaying them to further full nodes. So that was kind of boring, but let's get to the good stuff. So down, down, down. This is how much it would take to download a full node. 200 gigabytes of free space, accessible at a minimum, read-write speed of 100 megabytes per second, an unmeter connection, a connection with highly high upload limits or a connection you regularly monitor, doesn't exceed upload. It's common for full nodes and a high speed connections to use 200 gigabyte uploads or more a month. Download usage is around 20 gigs, plus an additional one any five, the first time you start your node and even about six hours per day that the full node can be left running. So look, if you're going to download a full node, it's going to take a while. I mean, I was going to tell you, as a lot, that is a huge amount of data to actually download. So in that respect, when he says here, it takes forever to download. I mean, in the grand scheme of things, if we want to download like an MP3, any kind of like streaming service or like a song or whatever else, it's relatively quick. Let's be honest. But if we're talking about a full node, in today's world, it would be like forever. In any states, in an age of instant email and real-time Zell payments, which is what we're all used to, a Bitcoin transfer could take or takes 60 minutes to safely settle. That is also true. So if we take a look at how long it would take to settle transactions, usually it's actually six. Six confirmations are able to settle that Bitcoin transactions. And if we take a look at Kraken, they say pretty much the same thing. So if you don't know, what are confirmations? When a transaction is broadcasted to the network, it has to wait to be included in a block by the miners. When the transaction has been included in a mine block, the transaction has received one confirmation. With each subsequent block, the number of confirmations increase for the transaction. So just so you know, a block is mined every 10 minutes. So if it's take six, let me do some quick math here. Six times 10 is 60. Check my math. 60 minutes. That should be right. And then it further states to avoid the risk of double spending. Funds aren't credited or settled until a certain number of confirmation that's taken place. See the list below. And they actually give you a list of all the different types of cryptocurrency assets and how many confirmations are required. So Bitcoin Cash, and correct me if I'm wrong in the description, but this is what it has for Kraken, which is 15 confirmations, which takes two and a half hours. And then of course just Bitcoin, six confirmation, which would be 60 minutes. So in this regard, again, he is correct. However, I will say this in the, when he talks about the age of Zell and all those different things about how fast it actually is. Zell in the United States is one of the fastest ones that we have, and it's pretty much instant. You know, it just goes bank to bank. And the problem with Zell, and me as a small business owner is I can't pay other businesses per se when I have large transactions. So if you're just doing like, and this is, and every bank is different. So like Ali, you can do up to 500 bucks a day. Bank of America, Capital One Chase, it's around 2,000, 2,500. So that's fantastic. However, if you're paying, you know, good amount of money as far as businesses go, you're not using Zell. So like for me and my manufacturers, I have a manufacturer, well, I used to have one in China. I don't use China anymore. I have one in India, and then I'll have one in Arizona. And just to pay the one from Arizona to use my bank, it has to go through a wire transfer because it's much more than 5,000 or much more than 1,200. And I've talked to this before. So I am the faster I get things out, the better it is for my business, and the better it is for every business out there. I mean, time is money. So I went to pay my manufacturer on a Friday. I put the wire transfer in. They didn't get to it until late. They said, yeah, get the cutoff date. So I had to wait Friday, then Saturday and Sunday. Banks were not working. Then on Monday, they finally got around to around three or four. Manufacturer called me up, said, hey, we were through the funds. And then Tuesday, they shipped everything out. So I'm waiting essentially five days, Friday, Saturday, Sunday, Monday, and then Tuesday. So four or five days. And if that happens once a month or every couple months, when I have to pay for these products, I'm losing about a month after, you know, or more after about a year of just time that I just wasted because of the banks and their inefficiencies. So when he talks about Zell, yes, peer to peer and retail, that type of thing. Sure. We're talking about businesses. It is woefully inefficient. And that's where I believe cryptocurrencies assets are going to rule. Now, next he states it's more volatile than gold. And again, very true. Gold only goes up and down very slowly. However, when we're talking about value and how the markets actually react, volatility is actually a good thing. So for Bitcoin in general, it is very volatile. However, as far as 2020 goes, and this was a little bit old, this I think was done in May by Tom Lee, he takes a look at what is the year to date return. And so far, Bitcoin has beat US treasuries and gold 39 12.5. Also the Nasdaq S&P 500 loans, I mean, world topics, I mean, oil, everything you can think of, it's kicking the tar out of it. And that's just this year. Now, I don't know what's going to happen at the end of the year. However, we take a look in history, just one year back, Bitcoin beat Nasdaq S&P 500, else 2000 gold topics, oil, everything else by a large margin. So yes, it is volatile, but that's okay. If you're making money, I don't think you care so much about the volatility. And that's one of the things. Now, we want to take a look back even farther. Let's take a look at, you know, the last decade or so. So from 2011, all the way up to now, there's been a pretty good return. And yes, it's been, you know, wildly volatile. If you're like, man, this is this 1000, 468% gain in 2011 is just too volatile for me. And maybe it's time to get out. Not to say there hasn't been downturns 2014 and 18 being the exception. But overall, not too bad. And if you've invested in other altcoins like I have, you've done pretty well. It just depends on when you got in. So volatility, sure. So next, he states that 1000 computers are constantly replicating each other's work, making it vastly inefficient. And again, that's also true. So when we talk about decentralization, that's the whole beauty of having 1000s and 1000s of nodes. So we take a look at this is from bitnotes.io, we can definitely see that yeah, there is a 10,000 plus nodes throughout the entire globe, we can see most of these are in definitely America parts of South America, Asia and Australia. So when you have these many nodes, and it takes a long time for transactions, there is a little piece of inefficiency that is true. However, it is also much safer. And we all know the different aspects of decentralization. And I can tell you this, if you have just, I don't know, one node, and that node gets wiped away, well, everything is essentially gone. And that's actually happened when I was a director of nursing, one of my different branches, they stored everything on one computer. And what happened when they had a flood, all those medical records were essentially gone. Now this is before we had cloud computing, everything else, remember, I'm kind of old. So these things, that's not so great, especially when we're talking about centralization versus decentralization. So yeah, it takes a little bit more time, but wow, it's a little bit more safer. So then moving forward, we might also take a look at sharding and how that's all going to affect the crypto current digital asset space, especially with Ethereum, coming up with Ethereum 2.0, and Zilliqa also doing it. So wow, we'll see how it all works out and how efficient it actually makes it. This one is very interesting. It says, and lastly, there's no privacy, like a medieval marketplace, anyone can see everybody's holdings. And there on this channel, there is a wide swath of people. There is on one side, it is chaos and anarchy rules, just do whatever you want. And that's fine. And that's just what it is. On the other spectrum are people who are like, let's shut it all down, China communism, and we need to have like a surveillance state. But I think the majority of people are like me, and they're somewhere in the middle, wherever that's on like a left, medium, or right, it doesn't matter. I just think that that's what a lot of people are, maybe you are probably in that middle. So I think with transactions and things being private, is sometimes good, but for a lot of the large corporations, and I can think of like Enron and Bernie Madoff, if they would have had more transparency, maybe we wouldn't have the collapse of those individuals and corporations and comrades that actually happened and took a lot of people down with it. So that's just my opinion. But there's another flip side to that. And I think this is going to start a lot of debate. This was a article just came out yesterday, Bitcoin transaction records not protected by the fourth amendment US court rules. So real quick, the fourth amendment in the United States, it prohibits unreasonable searches and seizures. So now, and I think this has always been the case, the government or anybody else can take a look at your transactions, especially if you have them on in exchange. So it goes on to say the Louisiana court issued the ruling in connection with the case against Richard Gradkowski, who was sentenced to 70 months in federal prison last year after paying for access to child pornography websites using cryptocurrency. And before we start to go and say, oh, you're fear mongering and blah, blah, blah, this is a real case. This is actually going on. And when you have these types of things, I know some people are like, Hey, you know, let it all open. And that's fine. And we should just let people be people and blah, blah, blah. But when you have these types of instances, and you're trying to track down illegal activity, there is a little tit for tat, there's a little give and take. And I believe that you should be able to do this. I mean, if we don't, if we don't, we have people just running amok. And again, that goes back to the chaos and anarchy. If you're on that side, you're on that side. But I don't think anybody on this channel can get behind what this person is doing. So I'll just leave it at that. But it goes on to say the FBI subpoenaed crypto exchange coin based track his payments to the list of websites. And that's how they were able to arrest him. But in his appeal, Gradkowski argues that he has reasonable expectation of privacy in his crypto transactions. Although he believes the law enforcement valid his fourth amendment rights, when he sees his records, the panel judges rule that the FBI agents acted accordingly. And this is why they stated Bitcoin users have the option to maintain a high level of privacy by transacting without a third party intermediary. But that requires technical expertise. So Bitcoin users may elect to sacrifice some privacy by transacting through an intermediary such as Coinbase. Gradkowski thus lacked a privacy interest in the records of his Bitcoin transactions on Coinbase. And that's essentially it. They said, look, if you have the expertise and you want to go that route, you could, but you didn't use the intermediary, which is Coinbase, which is why we got those records, which is why you're busted, which is why you're going to jail. So in all honesty, I will say this, for Coinbase, I have not recommended Coinbase for a little bit of time now because of their shutdowns. They've had three shutdowns in four months, and it always happens when Bitcoin, pumps or goes lower. So I think that it's just not acceptable that an $8 billion company keeps having these same issues and their customer service is beyond awful. That's that. Those are two issues. The third issue is that they also have signed an agreement with the IRS and the DEA, which to look at different transactions. And that's fine. I just kind of think to myself, well, look, if you're going to allow subpoenas to happen, which they can, this is it. If I am on a watch list for illicit activities and they want to do a subpoena, okay, so that's one thing. But if I have to go through the KYC, if I have to go through the AML, if I have to get a 1099, which I pay my taxes, I've been doing this since I was a 15-year-old kid, how many more hoops do we got to jump through? And it just seems like just more and more and more and more. If you need something, get a subpoena. Go through the courts like that. And that's the reasons why I'm not on or with Coinbase right now. There's three reasons. However, I am going to change my stance at some point because we have to choose a lesser of two evils. And I think when the bull run happens, the parabolic bull run happens, we're going to need an off-ramp. And you can use a bunch of different places. You can use Kraken, you can use Gemini, you can use Binance. If you have that ability in U.S., I don't want to live in Texas and they don't allow that in Texas. So I need to keep my options open. And I think at some point, I will have to use them as an off-ramp. So that's one of those caveats. Anyhow, let's get into the meat and potatoes of this article. So like Ham Radio, Bitcoin is for hobbyist. I'm not talking here about the front expectulators who keep their coins at Coinbase, which we just talked about. I'm talking about users who can run a full node, use Lightning, security store their own coins and make frequent transactions with this stuff. So I think the majority of people on this channel, we don't buy a lot of things with Bitcoin. I mean, maybe you do. I don't know. But I don't run a full node. I don't buy a thing with Bitcoin. I'm storing it on my Nano Ledger and that's pretty much it. So he's talking about the people who are like the hobbyists, just like the Ham Radio people. So going on, it states, only a hobbyist has the time and patience to match the skills that qualify them as a Bitcoiner. Same goes for Ham Radio. Setting up a Ham Radio, scanning frequencies and finding the local repeater all take time and effort to master. So just so you don't know, this is a Ham Radio, this little goofy thing right here. It uses a very little amount of electricity and you can transmit signals and people can pick these up. They're very popular back in the day. I mean, they're still, I guess, somewhat popular, but people use them near as much. However, that's what they actually are. Then he states, Bitcoin is dream about mainstream adoption and achieving hyper-Bitcoinization. That's a good word. The overthrow of fiat currency by Bitcoin, but this is unlikely for the same reason. Ham Radio has never gone mainstream because people want fun and simple to use iPhone, not in Archaic Ham Radio. I gotta say that's true. So people embrace the internet when it wasn't so technical. In the beginning, I mean, before even Netscape and things like that, no one was using the internet. No one was using, no one wanted to set up all the different things and TCP, IP and all those different, I mean, no one was writing code. It only took off when all that stuff was hidden and my mom could use it. When my mom can use Bitcoin, it'll take off. That's all I'm gonna say. And people don't care about protocols. Like I said, nobody wants to see how the sausage is made. They just want the sausage. So again, crypto will take off when my mom is able to use it. That's how I know it's gonna go mainstream, not to where it is right now. I mean, look, you have to copy like a 26 character code and you kind of hope it gets there and use the NNL ledger. I mean, it's different. It's just different. I mean, we've got to hide all that stuff and make it just super simple. And that's when it'll take off. So now I was gonna talk about some things about disasters and this kind of makes sense on one spectrum. I'll say why. So say a disaster hits like an earthquake, the cutting edge communication system that we're so effective, suddenly go down, cell phone services crippled, electricity isn't available, forget WhatsApp, it's impossible to connect. Here he just talks about, I'm just gonna skip over this. Here he talks about how ham radios were used when Hurricane Katrina was hit, when Hurricane Maria, because all the electricity went down and ham radios were pretty easy to use, didn't require much electricity, you could just crank them and then they could communicate and actually save a lot of people's lives. So he's comparing a ham radio to Bitcoin during the total economic collapse. And he says, like Bitcoin, ham radio is anti-fragile. Ham radio operators are independent nodes, working together, they can create a functioning decentralized peer-to-peer communication system. Ham radios are light, energy efficient, the rest reliable on vulnerable centralized systems. And like the Bitcoin network, a ham radio has plenty of redundancy. If one node isn't operating, others will still be monitoring the channels, just like if one node out of the 10,500 nodes goes down, not a big deal. They can just keep going, right? And then moving on, he talks about, look, he goes, the reason why Bitcoin is going to make it is because when everything goes down and people like Venezuela and Nigeria start to use it more and more, which they are right now, and then it kind of spreads to the rest of the world, which I don't think that's going to happen. I don't think Bitcoin is there for the total economic collapse of the dollar. I just don't see that happening. Then he says, here's another clue, people who sell salvia, a product with hallucinogenic properties that's legal in some US states are prohibited from accepting credit cards. They take Bitcoin instead. Same thing with cannabis here in the United States. It's a weird thing. The federal government still says it's a level one controlled substance just like heroin, which is ridiculous. But individual states have legalized it. So the federal is one side, states are one side, and they can't get banks to open up accounts and store their money. So I believe some do take Bitcoin, not for sure, but a lot of just take cash and they have to hide it and make sure no one robs them with all the cash that they have in the registers. So it's just pretty much awful. And then lastly, to sum it all up, he pretty much gives the worst case scenario. He says, it's good to have decentralized backups. However, as Joel Carlson has suggested, we shouldn't want to live in a world where these backups have found mainstream usage. If five years from now, everyone became a ham radio operator that could only be due to a natural disaster as permanently crippled our infrastructure. Likewise, if five years from now hyper Bitcoinization has occurred and everyone has become a Bitcoiner, it will be due to some sort of yet unknown calamity. And that's what just knock us back to the stone ages, essentially, you have to understand that I think some people truly believe that Bitcoin will only make its way if everything totally collapses. And that's it. And that's not the narrative that we should be spitting out because who wants to live in the Mad Max Thunderdome crazy world? Nobody does. But I got to tell you, it was a pretty fun article to go over and just kind of, you know, go with those different little points. And it kind of leads me to this next point about gold, because if you kind of replaced Bitcoin with gold in here, you kind of do the same thing as far as the heart of the matter. And this was a question that was posed to me by a subscriber. They said, well, what's the intrinsic value of Bitcoin? Because the intrinsic value of gold, I mean, you can sell, you can have gold for jewelry. True. You can have gold used as like a super or as a conductor on motherboards for computers. True. And so what is the intrinsic value of gold? And I got to answer that with I had to answer a question with a question, which is what's the intrinsic value of fiat? Because really, it's just a bunch of paper. It doesn't it's not as valued as the paper it is printed on. What's also the intrinsic value of Tesla stock? Or what's the intrinsic value of this really goes to it? What's the intrinsic value of life insurance or medical insurance? Because on its surface, it's just insurance. And it really comes down to the definition of what intrinsic actually is or intrinsic value actually is. Before I talk about that, I would just say this, I think the new savings account in the world should be gold, silver, Bitcoin. It only makes sense to me because if you're saving money, that's a bad setup because you're losing 2% because of the inflation rate. So you're just losing money as it just sits in there. So why don't you make the money work for you and put into assets such as gold, silver, Bitcoin anyhow, getting into, you know, what actually intrinsic value means. Let's get the definition and finance intrinsic value or fundamental value is the true, inherent and essential value of an asset independent of its market value. So then if you want to get even deeper, intrinsic value is a philosophical concept, whether the worth of an object or endeavor is derived in and of itself or independent of other extraneous factors. A company's stock also is capable of holding intrinsic value outside of what its perceived market price is. And it's often touted as an important aspect to considered by value investors. So if you want to take a look at what the intrinsic value of gold, sure you can do that. Fiat, okay, it's just paper, of value as far as a stock. I mean, we can go over all this, but I'm not going to a super long of boring. But the big thing that I see is what is the intrinsic value of, let's say, insurance, especially medical insurance or life insurance. And this was a question I thought about after I watched an old video from Shamath Pilihapataya. He's in Bitcoin OG and at one point on like a million Bitcoin, him and his partner, I guess. And he just said, look, it's insurance. That's exactly what it is. And when I first saw it, I didn't really get it. But now after I've seen it like three or four times in different little aspects, I get now what the value of Bitcoin is and can potentially be. So let's just take a listen real quick. I was actually down at about 9,000 when I realized the distributed ledgers probably imbue more inherent value on something than a government. We've had this conversation for five or six years. I didn't listen to you back then. I'll say the same thing. I think I said six years ago when it was at 80 bucks a coin, which is it is the single best hedge against the traditional financial infrastructure. Whether you support fiscal and monetary policy or not, it doesn't matter if this is the schmuck insurance you have under your mattress. And I've had it for a long time. I'm looking at it now at a point where if anything actually has inherent value that distributed ledgers and decentralization and peer to peer and no double payment, that's worth more than the current things that we use right now. You're just using it as the fault. Do you see what I'm saying? You may end up being a spokesman for like some IBM commercial with that. So maybe true. Just buy the coins. I mean, it's a fantastic instrument just in case. So yeah, I get it. I mean, he talks about it like it is. I mean, if you want to take a look at and depending on what you see it as, everybody can see it as a different thing, but I can see it now is definitely insurance or a hedge against the traditional market, especially with all the quantitative easing that's going on and all the craziness that is happening in the traditional space. So if you're talking to somebody about it and you're talking about the intrinsic value, like, well, it's insurance, just like you have medical insurance or life insurance, it protects you against all the different craziness that is going on out there. And I think in today's age, you're going to need it. And then that's that's Shamath. And then also there was a great interview on the Unchained podcast. And we had covered this before, but I want to go over it one more time. And this is why, again, these are two heavy weights. This is Mike Novogratz from Galaxies Digital. And that's Raoul Powell looking a little like frozen. He looks a little goofy there. But he's a macro economist. And they're going to talk about what's going to drive adoption and people getting into Bitcoin. And it's totally true. But I'm wondering, like, so what is it that's driving those decision makers? Like, what is it about Bitcoin that makes them think that this is the investment to make now during the time of the coronavirus? Is it just as simple as like Bitcoin is scarce and we're about to see unlimited quantitative easing? Or is there anything kind of more? It's just that simple. So people ask me all the time, I bought more gold yesterday even. And so I own gold and silver as well. But why Bitcoin versus gold? If you want to buy gold, there's 16 different ways to do it. It's very easy. You need to pick up and do buy an ETF. And so there's no adoption curve in gold, where Bitcoin, there's still an adoption curve. A small portion of the institutional world has participated yet. And so as that adoption grows, you've just got to jacked up upside versus gold. Bitcoin really is going to disrupt one thing. The crypto universe was going to disrupt everything. Bitcoin really right now is being bet on to disrupt central banks. And so the fact that backed or fidelity or real institutions are going to hold it for you and custody it, some of the crypto junkies would be like, dude, that's not even the whole spirit of crypto, right? The spirit of crypto was to get away from those institutions. Well, in a meta sense, yes. But in a specific sense, the bet on Bitcoin is a hedge versus fiat. So it's disrupting one piece. And so I think having those trusted names in and around keeping someone's Bitcoin safe. I mean, it's shocking, you know, like it's because it's almost comical. And when you originally started telling the story of this is going to be a disruption for the banking system, but can I keep it a JP working? That's a good point. So I mean, all these different things, I see Bitcoin as the first. I think that it'll be the first one because it's on the, it's on the minds of everybody. It's like, you got to get that Netscape browser out first to have everybody experience the internet before you can get Google Chrome, before you can get the brave browser and really start running. That's my thoughts. Let me know what you think in the comment section. But that's it for today. I know it went a little bit long. I apologize, but I thought it was fascinating the way it was all laid out. And, you know, the points have to be kind of made. So hopefully it helps you out. And that's why I talk about, you know, my Bitcoin elevator pitch. I think when you're talking to your friends and family as time goes on, you have to kind of keep it concise and not go crazy and go over and start talking about decentralizations and fungibility and all that nonsense. I mean, it's great if you got somebody who's like, you know, really advanced, but if you just want to make it simple, just tell them this, Bitcoin's digital gold. I know some will say, well, it's not gold. Just frame a reference. Remember, we're trying to get as many people as we can in here because it's going to help them in the long run. It's scarce. You only get 21 million and it's market insurance like Chamath was talking about. Unlike gold, you can send it to anyone within minutes, right? Six transactions, about 60 minutes, about an hour or so. And you can send it from next to nothing. I might talk about next to nothing. There was a story not too long ago about a year where a Bitcoin whale moved almost half a billion for less than 400 bucks. So try doing that with gold. Good luck. It's the best performing asset class ever. We just talked about that. It's better than gold, oil or any stock ever used to be worth five cents. Now it's worth 10,000 bucks or whatever it is when you're talking about it. And it's why I'm heavily invested. So if you just keep it simple, people like simple and they can actually understand it. So that is it for today. So thanks so much for watching. I appreciate it. I'd like to give a shout out to all the supporters. So level one, appreciate you guys. Thanks so much. Level two. All right, soft. When Mullet, myself, who else? Dave Plummer, Grant Sharman, Bruce Wood, Baking Benjamins, Noel Flippen Vegas, Martin Lewin, Michael Ralph, William Howell, Crazy Crypto Knuck, Tessie Rayasaki Pazep, Truck, J.C. Dirick's, Matt Slack, John Miller, The Office, Elmer, Michael Jeffery, The Kells Show, Andrew Herrera, Terry Prospery, XRP Carolina, whatever, AE, and Hero Soap Company. They make soap. And that's it. And just remember, my email is Dan Digital Asset News with an S. If you get one from Dan Digital Asset New, that's a scammer. So put them in the junk or scam folder. And that's it. All right. Thanks a lot. See you on the next one. That's all.