Dan Tapiero

the narrative about bitcoin is digital gold is very real is very important it's not going away it doesn't matter that gold is up and silver is up in the last 18 months you know exponentially and bitcoin is down over the long term of course bitcoin has dramatically outperformed gold i suspect the dollar keeps going down i think this is going to be very bullish for us over the medium term gold and bitcoin

Yeah, absolutely.

I mean, it started in May of 23, or I think it was June when Larry changed his mind about Bitcoin.

I think that was sort of the beginning of this bull phase.

He really kicked it off.

And then the launch in January 24 of all of the ETFs, frankly,

was definitely a legitimizer.

I think the big change now is that Bitcoin, and I think to some degree ETH as well, maybe not quite Solana, maybe Solana too, but are really considered established assets that now must be considered within an asset allocation model.

And I think when I did this event, I don't know, two years ago, or I did it last year, two years ago, it was still a question mark whether

you know, it belonged in the portfolio.

And I think now, of course, with some of these companies, the DATs that are owning Bitcoin, plus some of the IPOs, plus the successful ETFs, I think there's really no doubt now that Bitcoin is an institutional asset.

And so we wanted the institutions to come.

They're here and now the price has cut in half in four months.

You know.

Welcome.

Those two are not necessarily the same.

No, they're not the same, but I will say, you know, I've been broadly in the crypto space since 2012.

And, you know,

The sophisticated investor and the world that I used to be in, the hedge fund world, is very aggressive, very smart, very intelligent.

And once an asset has the liquidity of an institutional type asset,