David

The other very interesting thing about Robinhood is I think they're very intentional about their product design.

I'm personally a power, you know, Robinhood user on the credit card side.

I think their product is great.

What I mean by that is they're taking this credit card app and banking app, they're kind of merging it.

So you're going to have the basically Robinhood banking app, which has checking, savings, credit card on one side, and a whole separate application, which you're going to have maybe options, perps, prediction markets.

This is actually very smart, in my opinion, because the moment that you have your checkings and savings account right next to the perps button, you're going to churn a lot of users, especially when you consider their user base skews very young and continues to skew younger.

So I don't know.

They're very thoughtful and they ship very fast.

So very bullish on Robinhood.

Yeah, it's again, I have to tip my hat to them.

They've done a good job.

And then on the Coinbase side, I think Coinbase is more of a prediction, but I think they're going to abandon these the content coin narrative and overall just reevaluate the North Star of base and how and if to use the base token as a lever for growth.

And more broadly, I think from a company direction perspective, I think Brian Armstrong has explicitly stated that, you know, he wants Coinbase to become a bank replacement for people, which is an awesome North Star to have, right?

In order to become a bank for people, I think A, moving away from content coins is just smart.

But B, probably taking a page out of Robinhood's playbook as far as probably can't have

options, perps, meme coins, right next to the checking and savings account.

Probably better to create almost two apps.

So that might be another one of predictions.

It's very possible we see them come out with two apps as they move towards this bank replacement for people.

Yeah, I would say in relation to Robinhood, Robinhood is still very early.