Dan Tapiero

Oh, I'm going to have to have some physical gold.

Hey, why don't I start my own company?

And now we're the third largest vaulter of gold in the world outside of the banking system.

And the AUM has exploded.

It's been wonderful.

But...

My coming to Bitcoin was through that gold business.

We integrated in 2012 with this firm called Bit Reserve, which today is the uphold wallet.

And still today, you can go on uphold and buy and sell

gold to buy or sell Bitcoin or Ripple.

And that was a business we launched with them in 2012.

So why mention all this?

I think the narrative about Bitcoin as 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 exponentially, and Bitcoin is down.

Over the long term, of course, Bitcoin has dramatically outperformed gold.

I have both.

I believe that you should have both.

I think they serve different roles within a portfolio, a little too complex to get into with only two minutes.