Josh Brown

To me, Bitcoin is in a way a very convenient democratized version of that.

It's something you can own easily that the government cannot debase.

So that is sort of, I think, the value it has, but there is a lot of belief in it.

You know, there is some faith involved in all this, but I will say when you dig into how the whole network was made up, and I mean, there was a lot of people that came before that the influences were in it, just like the ETF.

The ETF was built off a lot of influences, but the idea of making something that is like completely decentralized, like the computer, the nodes don't even know each other or like each other.

Like it doesn't matter.

And it just goes on and on without a leader for 17 years.

That's not easy.

So the incentive system in the actual decentralization is pretty incredible, let alone... I think it's more interesting when you dig into it.

So that part lands.

It's just kind of cool to have something that is worth value

that is outside of the governments, because one of the chapters we have is on inflation and monetary policy.

And we don't go like full tinfoil hat, but we do say, look, if you're a politician, I don't think any of them are ever going to run on like taking back entitlements.

You can't tax that much.

It's hard to balance the budget.

I don't think it'll ever happen.

I mean, Doge couldn't do it, right?

So they're going to keep increasing the money supply in order to tax people in a way that they can't see, which is inflation.

It's an easy way to tax people.

This gives you some degree of a protection from that.