[00:01] and leverage and borrow more money to buy more Bitcoin. It's kind of like, you know, look, I'm bullish on Bitcoin. I think I subscribe to the Warren Buffett greedy and be greedy when others are fearful. Now is the time I think be
[00:14] greedy, but I also think I think team Michael Saylor wasn't hurt the overall market. >> I would personally disagree. It's a product. Financial products are utility. For example, not just Michael Saylor,
[00:29] BlackRock has made Bitcoin boring in the best way possible. You know this BITA, this is their version of an income ETF. A yield generating Bitcoin ETF offers 27% yield annually from volatility, not
[00:45] price speculation. So it is a different mechanism in that sense. Why this matters to you or just what this does. Institutions don't need Bitcoin to pump
[00:57] to profit anymore. They profit whether it moves up, down, or sideways, right? They profit on the volatility. Bitcoin is sort of boring now, but it's not going away. It's being baked into the traditional system. That's sort of the
[01:10] traditional system. That's sort of the utility now.