Caitlin Long

Yeah, yeah.

I think he got into Bitcoin when he was a teenager.

He was there very, very, very early.

Yep.

He helped me.

Yes, a lot of us.

He helped me as well.

Yeah, that's a great question.

And, you know, the headlines came out just yesterday about Goldman Sachs owns, you know, 1.5 billion of Bitcoin.

And then you read, it's actually just the own iBit, right?

So that fits within their old existing infrastructure.

They're not...

from what I can tell, adopting self-custody yet.

And this is something that I've been warning about.

For those who don't know my background, I was managing director for a long time at Credit Suisse and Morgan Stanley here in New York.

So pretty familiar with the way that the very large banks work.

And

i think one of the reasons i actually when i was at morgan stanley i was the one who signed morgan stanley's contract to enter r3 just to give a perspective for those who've been around the industry that was one of the industry consortiums and what i learned from that process was just how hard it was going to be this new technology of shared ledgers does not fit well in the back office of traditional finance

And it is rip and replace, not incremental upgrade.

And that's part of the reason why those consortia like R3 did not work, because it's just a massive paradigm shift for TradFi.