you can just buy bitcoin and stay in bitcoin and spend bitcoin. el salvador is a key part of that. bitcoin is legal tender here, so you can buy with a lightning network and spend bitcoin freely. bitcoin city is going to be a very attractive place i believe for a lot of bitcoiners. caroline: meanwhile, relations with the u.s. and el salvador, from a government perspective, seem to be unraveling, heading to a new low. there are worries of relationships between el salvador and the imf. does any of that matter to the investors were talking to? samson: no. [laughs] i do not think a lot of these organizations like the imf or world bank are relevant in the world based on bitcoin. they are only relevant because they can print money, they can make fdr. they can make money out of thin air. you cannot do that on a bitcoin standard. it really takes us back to what money should be, which is just money, not a surveillance mechanism and not a tool to enforce your beliefs and economic policies on another nation. caroline: samson mow, a beautiful shot. talking us through some of the risks and the r

twitter hash tags bitcoin week. we see like mind blowing, big main point who are like the core down the ones that actually like she bitcoin fable and fall in and secure. and they're out there at a little bodega on the side of the road, helping these people access and figure out how to accept lighting payments and big play payments. so i'm sure most of the people that shopkeepers have no idea who's actually helping them set up their point of sale. it's just amazing to watch it. you know. wow, yeah, i saw the president who kelly tweeting about this being big point. wake it out. stop it or is this the new woodstock? i thought it was an interesting point because of course woodstock was the celebration of peace, love and understanding in the sixties and the way to stop war. you know, the sixty's generation did effectively stop the vietnam war. but unfortunately, within a few years, the became corporatized. and the leaders of the sixty's movement were sucked in by wall street and madison avenue. and the movement died with

all of them except bitcoin. just bitcoin. [laughter] only put in the money you can't afford to lose in bitcoin. the rest, you know, speculate and gamble as you want. [laughter] charles: well, but ethereum is getting a real good reputation, and i think there was more traded on coinbase for the last two quarters now. what's up with that? >> you know, i think there are a lot of people that are speculating about ethereum, but we have an exciting upgrade coming to bitcoin which is going to unlock the potential of smart contracts which drives a lot of innovation on the blockchain. i think once again bitcoin's going to outcompete. charles: 100,000 has been tossed around, but now at 60,000 it doesn't seem like, yeah, okay. can we go much higher? is it too early to start talking 500,000, eventually $1 million bitcoin? >> yeah. someday we're not even going to worry about the u.s. dollar value. but, yes, i think that we're going to hit probably six figures in the next few months. i'm very, very bullish on it toward the end of the year,

us any bitcoin are in the country. and thus getting us thousands of followers from el salvador, it's been extraordinary. we are right now at a kind of surfing hostile, so you might see surfers walked by, you might hear dog's barking. that's all just part of the scenery. yeah, fantastic atmosphere and put big coin into the mix and you've got a lot of hope, a lot of surfing and a lot of sats being spent back and forth, rejuvenating juvenile being empowering a local economy. and as you point out, the president of jelly has taken to this like a duck to water or like a surfer to away where it's all about big coin 247. i think he has gone bitcoin mad, which is fantastic because he is now at the center of this global revolution. yes, and i do want you to understand max mentioned that we're spending sats. we have spend many, many bitcoin here in l sante in san salvador, l. dante, which is where bitcoin beaches is, of course, way more hyper bitcoin eyes than in san salvador. there's wide use bit point here in this region. every

you hear this is bitcoin beach is l zante and al salvatore, this is where the hyper bitcoin is ation started. and now salvatore and where it was, the surfers coming here from around the world, which brought bitcoin here. been bit point to the attention of the locals, and they are the ones that lead to this, essentially, them bitcoin becoming legal tender here they're, they're essentially the people who are responsible for that. so that's where we are sitting right now. a beautiful start behind us. right? well, surfers are at complete one with nature in order to serve. you need to completely throw away any, any pride you might have and beating the way you need to go with the waves. and the people who are becoming bitcoin millionaires and billionaires are allowing big points to take them forward and to not impose their ego on to big point. remember, you don't change big point. big point changes you. this is why somebody academics like the ball greg random, maria rubini. they don't get it because their egos prevent them from enjoying the ride. this is why a lot of industrialists and hed

we've seen this story before. bitcoin rocks. and i do wanna also point out to people that, you know, i feel like it's a lot of propaganda against a country like our salvador is that it's, it's, it's beautiful here. and the people are so warm, they're so amazing. there's beauty all around you. it's quite hot, as you can see, after a few minutes out, even in the shade, it's like extremely warm up. the surf is very strong. this surf is very powerful. it is a surfer paradise for a long time. it's been a destination for surfers, for decades. but now everybody's here for the big queen, renaissance renaissance to point know, and this is our experience here. hopefully in the 2nd half, we're hoping to interview the president who kelly. hopefully we're going to be there with the president in the 2nd half. yeah, that be great. i will hopefully get a few words i at least, yeah, he will be joining a group of big cleaners in els on day and hopefully get a few a few words from him and we'll, we'll see what happens. don't go away. stay right th

we have spent many, many bitcoin here in l. zante in san salvador, l zante, which is where bitcoin beaches is, of course, way more hyper bitcoin eyes than in san salvador. there's wide use of bitcoin here in this region. everybody except sets it along the beach here. we also did raise like 2 and a half $1000.00, close to 2 and half $1000.00 for the daughters of the c max. interviewed her when we 1st arrived here. so that was really exciting. but in the meantime, so while we've been here or where we're witnessing the future right now, here in el salvador, over in the legacy fiance system, run on the us dollar rails. while things are starting to fall apart. and a little bit too late for them to realize that the game is over. and this extraordinary event happened while we were here on stage at la bic. com, in san salvador. what we saw is that, you know, here was the positivity and relentless optimism over in the united states at the bloomberg conference of the fi out legacy system. we saw this headline, hillary clinton at bloomberg's, new economy forum issues, a warning on crypto currency quo

, there bitcoin future ets available, otcs security that let you buy bitcoin, ethereum and other digital assets. you can also buy stocks and publicly traded bitcoin mining companies or in the exchange of coinbase. there are even ets that invest in infrastructure at the pick and shovel approach. my attitude i like diversification, do a little bit all, be directionally correct and that way you will be precisely wrong. >> if you do on bitcoin can you explain the cold wallet, how that happened and where is the right place to store? >> when you buy bitcoin directly from an exchange your account is online and that means you're connected to the internet. hackers are connected to the internet to, they could steal your money if they managed to get a hold of your account, your password and et cetera. one way to protect yourself is to tell your exchange to move your money from a hot wallet, on the internet to a cold wallet storage, they take your account and move it to a flash drive and store in a vault not connected to the internet. >> this is ben livingston, can i get the exposure to bitcoin and

i mean that's the thing i've discovered is that, you know, i always say you don't change bitcoin, bitcoin changes. yeah. when people are buying it on it before they know they are the ones being changed. robert, thanks so much for being a poor man by the beer. all righty. that's going to do for this additional tries to require with a max and stacy here with like, i guess robert gray love of the what is money show, check it out. and also remember to join our telegram group at g dot m e forward slash kaiser spanish. next time bio with there is no shortage of growing tensions in eastern europe. there is a growing e u barrier stand off over illegal migration. there are western reports, russia is amassing troops within its own borders. and of course, there is the self inflicted crisis of european energy supplies. it is no coincidence, some recalling this hybrid war, but who is hybrid war against? ah, and he really is no thing. they can't ride on police report in december 2020 a group of anti finishes. fill out a film crew access for 3 months. so like if people organization, if an idea that fasc

here is why bitcoin is the story. you see the chart and look at how this is performing lately in the conversation of inflation in particular. this will be a chart of bitcoin as the orange line and the white line being the five-year break evens,. . measuring those inflation expectations. . you can see they move together closely, the idea bitcoin could intentionally --potentially beads the bitcoin hedge -- inflation hedge where world leaders say this could be the key to undermining the major currencies, which is also affected by inflation. let's get to how you play this outside of the crypto world and that is the stock market, specifically etf's which not too long ago made their debut. the bitcoin feature etf i want to look at is bito. it has only had one day of outflows, so you are not seeing an acceleration into these but you are not seeing money come out of it. that will be a relationship to keep our eye on. caroline: let's take a little bit deeper into the world of crypto in the world of bitcoin. it has been losing

, and then if bitcoin were to let's just say you earned $5 and bitcoin were to continue to increase, let's just say 4x from here, you would now have $20, so it's this whole concept of you're getting to play a part of bitcoin and our whole mission is to make bitcoin more accessible to everybody so this is not, you aren't having to go buy bitcoin or cryptocurrency, you're getting to join it and earn it for free when you're shopping at the merchants that you already know and love. liz: have you considered expanding to offer dogecoin or litecoin any of the other names >> we're certainly open to it, as our users request it. i think one of the things that we've been very adimate on is a bitcoin is the best currency in the world and the best value, and so far we've been very right about that, and so as our users continue to demand alternative currencies, we are open to it, but right now we're very focused on bitcoin, very focused on giving people bitcoin, and educating people about the power and importance of bitcoin and why the value is so important for the world. liz: well for people shop

but in a way that's very bitcoin centered. now, i may ask you this if you had only one or 2 minutes to describe it, what is money? what's not money, how to people get mistaken by this and only 2 minutes ago said no pressure. yeah. so i think with money, one of my favorite descriptions of it is that it's a contract with a future or a contract with time. so we all know that we go to work and sacrifice our time for money. and then that is essentially a social construct that we can then take and going redeem time from others. and without this inter temporal contract between ourselves and our future solves and future others. there's no civilization, right? like we either treating cooperate or we fight over all the wealth it's available. so there's a lot of definitions to this by the way, i've written up like 50 different answers to that question. so i don't never know which one to pick or right. so in summary, in that it's able, you're able to take the work that you did today into the future. that's all right. and for exchange or s

is bitcoin an invention or a discovery? uh huh. i think bit coins and invention that has it's man made that seem to be on dispute, but i've argued that it led to a discovery actually of absolute scarcer money. again as 0 percent terminal inflationary money is something that can only be discovered once. right. so go into that a little bit because this is important when people talk it back. so call competitors to big point. when you say, oh, it's can only be discovered once. what does that mean? so money is valued based on how large and liquid the network is. so new insurance will always prefer the largest and most of that would network available. so that's how we got to one analog gold. this game theoretic process of people always favoring holding the money that was hardest to inflate. and so i think that same dynamic will play out digital world with i think the coins is pretty obvious because already run in the one that race that it is digital goal. that is the premier non counter party asset digital landscape. so therefore, it's t

said oil so bitcoin was the choice, and indeed bitcoin was the winner by two lengths. the six month returns go like this, gold lost you money, s&p 500 up 12% oil up 16. but bitcoin, at least coming into today, i wrote it wednesday night, bitcoin is up 47% returning nearly double the next best category of crude, crypto what a pair and thanks to everybody who voted. we need a new poll but let's make it harder here's the one i'm putting out later today. which one of these will have the best return over the next three months before between now and february 26th? bitcoin, nasdaq 100 etf q q q. the s&p small cap 600 or the japanese nikkei 225. easy to say bitcoin but the law of large numbers and bitcoin is 18%, at least it was this morning coming off the 52 week high the coin can and does move down, bitcoin is down 7% right now as all the global markets are getting hit. i'll put the poll out on twitter. we have more show to do. let's talk about crypto and everything going on. bring in mark from morgan creek capital management he was on the friday after thanksgiving last year

bitcoin-linked etf. as an independent financial advisor, (crowd cheering) -i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com >> announcer: the opening bell is brought to you by -- >>> let's get to a mad dash, and we'll count you down to the opening bell as well we had kevin johnson join us on friday after starbucks reported earnings why today? >> steven upgrates it, and talk about the market being shortsighted about the wage increases, it could frankly mean that the competition will frankly lose, because starbucks has been able to maintain the employees and have the growth. i think a lot of us

of bitcoin's spot. so, we've been very clear with investors that that is unfortunately part of the reality of this fund but i think it's just as i said so many people have money in brokerage accounts and need to own more bitcoin we're happy to have this fund in the market so, that's, you know, that's basically where we're at there's also tax consequences that we think our fund is structured a little better than the other funds out there. that would take half an hour to explain that and i won't get into it here >> we can definitely go down a rabbit hole, jan we talked a lot about central bank scrutiny of crypto in general. lately warnings about it being used long-term as a destabilizing tool against government we've done some work on quantum computing and whether inscrencryption is at risk long term how do you think inestvestors should absorb the utility of this asset. >> i differentiate bitcoin from other digital assets bitcoin i think really is part of your inflation protection trade. i know lots of co

bitcoin hit a record high. christine lagarde says the central bank is confident that current higher inflation is transitory. it would be counterproductive to tighten policy now. on the report about lael brainard interviewed, treasuries rose following this report. some commentators see her as more dovish than jay powell. the picture today is a little mixed, but the dax gaining 0.1%. it is a reversal to the losses we saw. futures pointing to a slower start by 0.3%. a bit directionless as we wait for central bank policy. a lot a focus is on oil, and the strategic reserves the u.s. could release. these are some of the sectors on the move. among the biggest gainers, auto part in europe, 0.7%. retail, median real estate are feeling the most pressure. energy after a bounce back yesterday. if you look at these groups, 17 of 20 of them are balanced. the ranges gaining 0.7%. no huge swings or big moves. jwc ventures -- the fund has attracted regional and global investors including morgan stanley. joining us now is jefrey

liz: and people are getting free bitcoin jesus loves bitcoin t-shirts, i want one. great to see you. >> i'll send you one, this is the most popular thing we gave away here was we had brochures and everything people just wanted our t-shirt. liz: it is certainly in the early stages, el salvador of all nations, right out there out front, peter thank you for joining us. >> you're welcome. liz: president biden controller of the currency facing a senate banking committee today, if confirmed, saule omarova would play a big part in the regulation of the growing crypto market. is that good or bad for digital currency? charlie gasparino is on the story next and the real story behind the shoe that's a favorite of celebs in silicon valley titans. how did founders tim brown and joey go from designing an all- sustainable shoe on joey 's mother-in-law's kitchen table to a nearly $3 billion market cap player in the footwear industry? you got to hear everyone talks to liz podcast, the stock ipo'd last week, download it, listen to your commute or free moment that you have it's a fasc

million total users of crypto and bitcoin. you know, $7 billion so, i think it's still got exponential growth ahead but things are just a reminder that bitcoin isn't static in its evolution and even though the supply is fixed, the utility could actually increase. so, i just think this is really sort of setting the stage for more applications to be built around crypto and blockchain and bitcoin is extremely secure. i don't think bitcoin will become the world computer but really the store value and a way for people to securely move things anonymously without trusted counterparties that's the value and i think taproot is helping that. >> just 100k by year end your targets is unchanged. >> yes bitcoin makes most of its moves within ten day in any single year i think people tend to make a linear prediction. but if you look at the last couple months that would have been a mistake as people have drawn the line downward. if we have another 5% move in the s&p, i think there is a lot of data in bitcoin that could be another 30% or more

me and every other because that world, just another bitcoin, that's it so. so the way i kind of explain it to people is i'm, i'm in bitcoin because i believe in individual and personal sovereignty. and for me, big quinn is my best path toward that. and, and so it is for any company, for an individual and for anybody who wants to run whether it's a kingdom, i mean a dictatorship, whatever you want to run. but it, it, structures you so that even if you are dictated, you have to be a commercially intelligent dictator who doesn't go about killing his customers, who actually would like wealthy customers so that they can come and purchase from him. so though, the way i was like, i actually think the citizen model in the libertarian utopia is actually many to tell a terry in many states that are all competing with each other to offer the best product and services. brian, so it's under accountable. exactly. okay, now if kelly is a dictator, then every single corner in the world is dictated. absolutely. and so none are dictators. let's, let's, let's move on to a topi

bitcoin-linked etf. >>> welcome back time for trading nation. i'm seema mody disney down 7% on track for the worst session since june of la year after reporting a slow down in the subscriber growth we've got two technical traders on where the stock goes next let's bring in craig johnson and katie stockton katie, you would describe the move as a shakeout can you explain what that means? >> a shakeout is essentially a false break down and this is an exciting move for me to see from disney because it's been such a laggard since march and in march it flashed a sell signal based on the demark indicators and today's action is generating a buy signal based on a similar model. so into this gap down we have an emotionally charged selling. could be a selling climax of sorts, especially with the volume running heavy and if we see a strong close today we would have affirmation of that indicator buy signal so i think this may be an opportunity to add exposure to disney into weakness there's support on the chart between 153 and 155. and then the next resistan

they just look at the incentive model of bitcoin volcanoes are being harnessed to power bitcoin mining and al salvatore and this new pilot project, the city of berlin, a 112 kilometers south of capital city san salvador has a geothermal plant that it was built in 1999, the plant is composed of 162-002-3000 deep shafts from which steam circulates and makes 3 turbines function. the energy generated by those turbines can reach up to a 107 megawatts, but only 5 are used for the operation and mining of bitcoin. the rest of the energy is used for the countries grid. so, you know, nobody wants to live out nervous. hannah, you don't believe you don't build house, isn't industry out near a volcano in case that blows. right? and so bitcoin is a great way to capture that energy and, and have a i, m, f, world bank, free currency that you get to control and maintain your sovereignty as a nation. and don't get to be bossed around. right? it's stranded. well, you know, it's a good way to put it. so the big coin network allows for countries and communities to plug into their stranded wealth source. it

is this fair to bitcoin? liz: the sec's concern about all the transaction volume that happens in bitcoin and they have no jurisdiction over. that's what makes them uncomfortable. liz: what is your next big fund that you hope to float. >> i don't know we launched a green metals etf which will produce later, that came in the last couple of weeks. in the energy transition trade war trying to move to greener world and electric vehicles use many multiples of these metals then do conventional cars, over five times. it is actually true that copper and lithium and some of the metals are net positive for the environment even though the process. i'm excited about that one. liz: as we look at metals were watching high-grade copper and certainly some have moved to the upside. happy thanksgiving. i'll get your cocktail party trick. >> three and half trillion. >> i'm sure i'll be googly eyed and they'll say you're an idiot. thank you very much. >> one of the biggest reasons amc entertainment is up more than 1700% this year

bitcoin on every block. liberty x, partnering with major chains from cbs to 7-eleven and rite aid to let you buy and sell bitcoin. its ceo and founder here in a fox business exclusive to tell us how his strategy to maybe kill coinbase and save you massive on crypto fees. those mining fees that you're starting to see when you try and buy certain crypto, on coinbase. closing bell ringing in 49 minutes, the dow and the nasdaq right now on pace for all-time record closes, you've gotta see what happens though, again, we've got 49 minutes left of the "clayman countdown" don't go away. (vo) this is more than just glass, walls, doors and carpeted floor. it's a place to change the world. loopnet. the most popular place to find a space. hi, i'm steve and i live in austin, texas. i work as a personal assistant to the owner of a large manufacturing firm. i've got anywhere from 10 to 50 projects going at any given time. i absolutely have to be sharp. let me tell ya, i was struggling with my memory. it was going downhill.

you don't get that in bitcoin. if once a tow she one little old person one, you know, poor person anal salvador has as much power as you know the likes of michael sailor who has tens of thousands of big coin. so they have the same se in the operation. the, the, the consensus meghan, the governance model of bitcoin, right, and also with a fair model indeed propaganda. and the propaganda tells the people living in the united states that they are the indispensable nation that they have the moral high ground. this is propaganda to cover the fact that there bullying other nations to commit environmental genocide. right. well, i mean that, that, that is what it is and that it, the answer is not necessarily any better than what came before it. and it's, it's, it's keeping in place the same power structure that has caused a lot of the environmental degradation and the, the world of, of chaos, the entropic world around us. so let's look at the incentive model of bitcoin a way that has caused. and most importantly, i think t

they have bitcoin on the balance sheet. they will add bitcoin to the balance sheet and they have been beaten up. we like the combination of china giving up very profitable business sending it our way. charles: congratulations on your success. we'll come back to you. i've been looking at bitcoin miners. i've been trading them. i think you're right. i think i need one to buy and put on the shelf and don't worry about the near-term volatility. thanks a lot. >> agreed. charles: we'll talk to you again soon. we're a little more, folks, a week away from our new investor revolution town hall. be sure to email your questions at investedinyou@fox.com. remember, november 9th, at 2:00 p.m. eastern. i cannot wait. we a few hours ago, virginia governor's race, well they're out there really, really, everyone trying to fire up their bases. we'll give you a live report. the rest of the nation is not fired up. a sort of a malaise is settling in, the problem is a result of incompetency in washington. we have carol roth coming up with some in

bitcoin at 66. it was at 68 up 22% in the past month ge continuing to lead the s&p, but well off its highs after announcing it will split into three separate companies focusing on aviation, healthcare and energy and a rough day for paypal after reporting weaker than expected results and guiding below street estimates, the shares are down almost 12% and roblox is soaring after topping estimates as revenue more than doubled and bookings rose 28%. the shares are up 35%. oh, and i'll keep going here let's kick it off with the big move in chip stocks and the race to dominate. nvidia shares are down about a percent and and a half now they announced a big partnership with luminar technology to put self-driving hardware in cards this comes a day -- gaining meta and listen to the stat of the 30 stocks in the i share semis etf. only two are lower so as the sector becomes a standout in the future of technology, how do you separate those who will continue to dominate and those who might be left behind? vj, do t

and after a 5 year lock up period, investors start to get those bitcoin back to them. it's a 10 year bond. i think this is going to be the best performing bond anywhere in the world over the next 10 years by a long, long shot. it really is gonna be a chance for balsamic doors to get rid entirely of all their debt. all they're that they're going to get rid of using these bonds. right. and of course the kelly has said over and over that his inspiration is singapore. they want to be like sang a pork as singapore, of course, had been a very poor country. tropical, very hot, steamy, swampy. and they turned it into a financial power house. and that is what you also saw. i saw a clip just the other day of night mckelly meeting with a singapore investor who is a big investor and i'll salvador. and his 1st for is we're like, this is beyond meeting just the president. i am meeting in a you are making the future. you're making the feature you're making history, although it's pretty amazing. but you know, we lefts, this relentless optimism that you saw everywhere and i'll, salvado

but it's going slowly, although it is progressing as far as bitcoin. and again, i think in eastern europe, there being a lot more cautious. the russian central bank is going to launch its version of the dishes to rouble, which is not quite the same as the currency. and they are bit nervous about it being on regulated because they are afraid of bubbles and people getting exposed to it. and then losing all their money in the, in the fluctuations. but, i mean, they've embraced the whole electronic money, the revolution that's going on. and the russians are on the leading edge in a lot of e commerce in non cash transactions that russian companies now setting up an e grocery stores in london with ultra fast delivery. and along with that comes with cash. this payments and groups of currencies. and it's not so far advance, but i think in many ways the e commerce in russian is further ahead than they is in europe. and so they're just waiting for the central bank to put in the groundwork. yeah, i hear that during the covered lock down, actually russia fell in l

it's more than bitcoin is more than like coin. and although is about the block chain industry that is fast growing. that's one of the fastest growing industries in the world right now. there are tons of jobs in this space, and so they're trying to, we try not only the industry but the jobs that come with it and all, all the tax revenue that comes with bringing those businesses in. so the income mer adams says he wants to make it very clear. he wants new york to be the hub of crypto currency and block chain. but he's got a lot of competition in that space to track those business. and christy payments, firms square said, and it's 3rd quarter earnings letter thursday that it's peer to peer payment service. cash app generate $1820000000.00 of bitcoin revenue in the quarter and $42000000.00 of growth profit. how much of squares future will surround big corn and maybe other crypto currency? a lot squared, but a lot on the coin and big ones going to be the company's main growth driver for the near future cars. let's face it, the payment

, don't go in on bitcoin. because look at how the returns are already helping the country to move forward. absolutely, and i have a lot more on that, but we'll try to get to it next week. boom bus. kristi i and ben swan, thank you so much for your site today. thank you. and finally, facebook, the effort to re brand itself and turn a new leaf has well, kind of hit a wall here as a social media giant. new title of meta has already been claimed by another company in the tech sector. it turns out that a smaller computer firm in arizona had already applied for a trademark on that name. met a p. c filed for the name in august, more than 3 months before the decor, bergland enterprise decided to save faith as the news broke, the heads of the meta p. c offered up the naming rights, but with a cache claiming that they would not give it up to the nu metal for less than $20000000.00. there technically are some ways by which facebook could acquire the naming, right? but as of now, the fate of the met, diverse kinda remains

that is bitcoin. this is the first inning of one of the biggest groundswell's i think we will ever see in the history of our lives. i think it is an anthropological leap. in ft's -- nft's are great. they are building all sorts of creativity. they are starting with the art community. they are making it so that you can own a specific thing in the cloud. you can own a specific thing in the internet. that can be a piece of art, it can be your identity. i think that is going to be a big rig through. you are not going to have to use passwords anymore. it can be your diploma, your whatever. it can be specific to you, and so nfts, this is the beginning, the art and the games and the board -- bored apes. i think we are going to see tremendous new technologies coming out of nft's, and i hope we will fund them. taylor: what are some of those new investments and funding you are involved in? are they primarily in latin america, given they are ahead of the u.s. when it comes to cryptocurrency? tim: it is interestin