Jordi Visser

So he's had to find someone, I think, that is credible, which Hasek clearly was not.

and at the same time believes what he believes, which Besant believes too.

And that's why my gut tells me that the reason Reader has ridden up the ranks is because he agrees on those two points.

He believes rates should be lower because we should be thinking ahead.

I think the only way that you can do that is if you're less academic, and he is the least academic of the group.

And I wrote a piece on this, that the Fed is going to have to be less academic going forward.

It's going to have to be more forward-looking and caring less about the past.

And I think as investors, you've had to do the same thing.

So that's where I think this is coming down, is that Reader is taking the lead because Trump wants to get someone to lower rates.

And to do that, you have to believe in technology and the disruptive impact.

Well, this was really, we were at the event last week, the crypto event, and the frustration was clearly there.

Bitcoin's been, for the lack of a better word, a nothing asset now for over a year.

And it's clearly frustrating people.

It was a very different environment than what we saw last year when we were there.

And I wrote the piece because

We get caught in this, it hasn't been moving for this amount of time, which is true.

But the reality is, as we've learned from silver, silver was, you know, unchanged not that long ago, since 2012.

Now, all of a sudden it's gone through the roof.

We're starting to, you know, people are out there saying, you can't look at arithmetic charts.

You have to look at logarithmic charts.