Caroline Hyde

I've been invested in the sector, as you know, since 2013, specifically in Bitcoin.

And we've seen massive upswings, downswings.

The reason I ask that, I was trying to marry those two points, the long-term bullishness on the underlying technology and the short-term price volatility.

I did find it interesting reading the Bloomberg Terminal that the data set that is giving most concern is lack of inflows into the ETFs, which you've discussed.

What would change the psychology of people to push inflows in a positive direction?

Yeah, I think it goes back to certainty.

We want to see where the interest rates are headed on a global basis.

We also saw people taking profits when Bitcoin went up to $126,000.

So in the span of three months or less than three months, we've seen over a 30% drop.

That being said, I don't see a downward spiral because there are going to be people who want to get access to the asset.

I mean, we just came off of Thanksgiving in the US and dinner table conversation was all around crypto.

Of course, AI also, but crypto was a big part of it.

So there's still a lot of retail interest and I think they get concerned when you just see these big price drops, but we'll start to see that reverse.

Jalak Jobanputra from Future Perfect Ventures.

Great to have you back on the show.

Thank you.

Carrie.

Yeah, now it's time for Talking Tech.

And first up, well, we're looking at Elon Musk expanding at Snail Brook, Texas, a company town tied to the Boring Company.

Correspondence between Musk's executives and local officials show plans for new housing, a science center, and a gym.