Coleman Church

I don't think I'd want to be rushing into blue cities and paying high interest rates and taking out a bunch of debt on overpriced co-ops in New York City necessarily.

If you can convert it to residential, perhaps, and get a lot of tax breaks.

I may want to see what our friend Mom Donnie says the first couple weeks.

Yeah.

Yes.

Yes.

I mean, I would say this.

I think people bundle together the notion of blockchain and cryptocurrencies.

And what I'd say, I can't necessarily make a pure prognostication on any one particular crypto.

um i mean it's been a phenomenal exercise and wonderful to see is sort of like it adhering to austrian economics yeah see to see the experiment work um i don't think we want to get into like the the dynamics of individual cryptos i think you know at some point probably bitcoin as a crypto will be usurped just by sort of a better

technology but put that aside what to me unequivocally and the next venture I'm going into it's related to blockchain is blockchain is

is here and is not going away whatsoever.

And blockchain is going to transform the financial services industry, pretty much everything we do financially transaction-wise.

And fortunately, we have the wind at our backs with this administration and David Sachs and Genius Act, et cetera, and nobody...

Nobody who maybe was somewhat skeptical three, four years ago is at all.

I mean, Larry Fink, as an example, I think he continues to say all assets are going to be tokenized.

Just this week, DTCC said all assets are going to be tokenized and put on the chain.

And that's going to remove a lot of...

little frictions in the system um extra costs that don't need and extra time lags that don't need to exist um so the cryptocurrencies like cryptocurrencies exist with the layer of the blockchain you can't have crypto without the blockchain but the two are somewhat distinct so a couple questions one uh is it

safe i mean it's reliant on electricity yes but so is uh so is every and i guys mentioned the cme went dark right the other day um chicago right so um the nasdaq shut down right um everything we do is reliant on except for you coming over in your golf cart with a bag of gold coins for me is