Bailey

All of that triggered by ease of access to money because ease of access to money causes people to spend it.

When people spend it, it actually stimulates the economy, which is what they were trying to do during the housing crisis was stimulate the economy and get more people buying.

So they lessened all the guardrails.

They have the right idea, but the wrong execution.

When you ease access to money too much and you get too much out there,

Then there's demand and then they start printing.

They print and print and print and print to put more money out there to encourage more of the spin.

It's the wrong, it's the wrong solution, but that's what they do.

This is very comparable in the idea that.

If you pair Bitcoin to stronger fiat as opposed to the weakness of the United States dollar, that it could have an inverse effect, that it could bring Bitcoin's price down because it's stronger assets that are backing it and paired with it.

And it's not as readily available to people to be able to transact with it.

All theory, no evidence whatsoever, but it's got people spooked.

The theory being bantied about has got people a little bit nervous and that's contributing to some of the sell is the idea that what China is doing and because of what they're doing and who they are, they have the greatest probability of harming Bitcoin's price in the long term.

If there are banks out there in China, just start pulling back and pulling back and pulling back and pulling back and pulling back.

And then what happens?

The United States can't offload that debt and all the money that they printed over the past couple of years.

It could have a significant impact on United States traders in particular.

I'd be curious to see what happens there because obviously we know Powell's going to be out of there.

We know Trump's replacement is likely going to be dropping rates.

Then we got to see, are we going to see another bubble?