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Join me today for Episode 1080 of Bitcoin And . . . 


Topics for today:

• Katie The Russian's Plan B Gets Bought
• SoftBank, Cantor, Binance, Tether Build Twenty One
• Jack Mallers Named CEO of Twenty One
• Embedded Bitcoin Wallets

#Bitcoin #BitcoinAnd 

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Articles:

https://www.coindesk.com/markets/2025/04/23/bitcoin-becomes-fifth-largest-global-asset-surpasses-google-s-market-cap
https://bitcoinmagazine.com/news/jack-mallers-named-ceo-of-new-bitcoin-powerhouse-twenty-one-capital-plans-to-launch-with-42000-btc
https://bitcoinmagazine.com/bitcoin-for-corporations/softbank-tether-cantor-fitzgerald-prepare-3b-public-bitcoin-treasury-vehicle
https://decrypt.co/315876/jay-clayton-takes-helm-at-sdny-returning-to-government-with-crypto-record-in-tow

• https://www.cnbc.com/futures-and-commodities/
• https://dashboard.clarkmoody.com/
• https://mempool.space/
• https://www.bitcoinandshow.com/
• https://fountain.fm/show/eK5XaSb3UaLRavU3lYrI

https://bitcoinmagazine.com/takes/embed-bitcoin-into-everything-everywhere
https://cointelegraph.com/news/institutions-breakup-ethereum-keep-eth-on-hook
https://kinostr.com/
Once Bitten: https://fountain.fm/episode/18B5gHeYaAUpIMfrq1uJ
Bitcoin Audible: https://fountain.fm/episode/UEuOiTqoAtzaPbB2JgOa
https://bitcoinnews.com/press-release/citizenx-acquires-plan-b-passport/


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[00:00:02] David Bennett:

It is 09:57AM   Pacific Daylight Time. It is the April   2025.   This is episode ten eighty   of Bitcoin and I've got quite a bit to cover. There is quite a bit of news out there today.   And for me personally, yesterday was quite the busy day. I had a couple of really cool things happen   to me in this space,   and I'm gonna talk a little bit about that later.   But   if you're wondering why you're here listening to the Bitcoin ad podcast is because I'm going to bring you the daily Bitcoin news. That's what we do   here most of the time. There are other times that I do have interviews and I talk about other things on this podcast,   but mostly,   it all relates back to Bitcoin. That's the whole point   of Bitcoin and   its news. It's things that are ancillary to Bitcoin. And if you want to know some of the   well, where edges   collide   from two different systems,   this is the place to be. And we're gonna start this one out   with   well, BTC had a little bit of a pump,   over the night.  

And, well,   from this is from CoinDesk,   written by James Van Stratten.   Headline is,   Bitcoin has become the fifth largest   global asset   as it surpasses   Google's   market cap. And, of course, Google is now, what, alphabet. But, hey, you know, it's okay. I'll I'll I'll let that one go. But Bitcoin has become the fifth largest asset by market capitalization,   reaching $1,860,000,000,000   and surpassing Google   as it breaks through the $94,000   barrier.   This marks the highest position   Bitcoin has ever attained in the rankings even though its market cap previously exceeded $2,000,000,000,000   when its price was over a hundred and 9,000.  

At that time, however,   tech stocks were significantly   more elevated   than they well are at the moment.   Bitcoin has just broken above $94,000   turning positive for the year, and renewed optimism is emerging amid easing tensions in The United States China   tariff trade war, which has fueled gains for both Bitcoin   and tech stocks with Nasdaq futures rising, well, 2%.   Technically,   Bitcoin has now moved above key resistance levels   that were noted on Tuesday.   Additionally, it has set a new record relative to the Nasdaq,   indicating a breakout not only against major tech indices,   but also across a range of key asset classes.  

Okay. So, yes, we've we've gone above Google's market cap.   Hooray.   And what happened right after that? Well, we started coming down in the markets.   Well, the the price started to drop. When I'm trying to think let's see. Where are we at right now? Because we're not at night 94,000   or above. In fact, we're chilling out at $93,006.31.   So we peaked at about 01:00 this morning, my time, Pacific Daylight Time. We had a high of ninety four thousand five ten.   And then we ended up with a low,   about four hours later   of ninety one thousand nine seventy. So we saw quite the dip, and we are recovering back to $93,006.96.  

Why do I care?   Well, because some other news hit.   It wasn't   I don't think it was surpassing Google's market cap   that caused a slight sell off.   No. No. No. No.   It's what's going on this morning.   Jack Mallers has been named   the chief executive officer   of new Bitcoin powerhouse   twenty one Capital   with plans to launch   with 42,000   Bitcoin.   This is kind of a big deal. This is written by Nick from Bitcoin Magazine.   Just listen up because I got two stories   essentially on the same thing. Alright?   So first is that Jack Mallers, our boy from strike,   the the wonder kid and he is a wonder kid, man. I mean, it's like he's he's really young, but, dude,   the guy is just he's just been on fire ever since   he was,   I can't remember. I think his first company was called Zap,   and it turned into what we now know as Strike.  

And I remember when it was just a ragtag team of him and, like, two other people that was trying to figure out ways to leverage the Lightning Network. And I was in Durango, Colorado walking through   the Walmart there   one summer   when I was listening to a podcast when Jack Mallers was on a pod on this podcast   talking about Zap and what was going on with Zap. And that was god, that was years ago at this point, man.   And now,   well,   Jack Mallers,   cofounder and CEO of Strike, has been named the cofounder and CEO   of Twenty One Capital Incorporated,   a new   Bitcoin native firm   preparing to go public via a SPAC merger   with Kantor   Equity Partners.  

The company plans to trade under the ticker   XXI   and will launch with an initial treasury   of more than 42,000   Bitcoin, making it the third largest corporate Bitcoin holder in the world.   Ladies and gentlemen, they're gonna be the third largest Bitcoin holder in the world   right out of the gate.   Right   out of the gate.   This has been backed. Now this is where it starts to get really interesting. It's not just another Bitcoin backed   treasury reserve company.   Check this part out.   This entire endeavor   is backed by Tether,   uh-huh, and SoftBank.  

Do you know what SoftBank is?   Well,   twenty one enters the market with a clear mission,   to maximize Bitcoin ownership per share   and offer investors direct exposure to Bitcoin via a public company structure. And last night, the Financial Times reported that   the consortium is creating a multibillion   dollar Bitcoin acquisition vehicle   that will absorb   billions in cryptocurrency   from the other partners and use the funds in an attempt   to replicate the success   of MicroStrategy,   which is now known as strategy. Quote,   markets need reliable money   to measure value and allocate capital efficiently, said Jack Mallers. We believe   that Bitcoin is the answer, and 21   is how we bring that answer to public markets. Our mission is simple, to become the most successful Bitcoin   company,   the most valuable financial opportunity   of our time.  

We're not here to beat the market. We're here to build a new one, a public stock built by Bitcoiners   for Bitcoiners. End quote.   Twenty one will debut   with $585,000,000   in capital   raised through pipe financing   and convertible notes   with funds earmarked for additional Bitcoin purchases and general operations.   Tether, a cofounder of the venture, has committed to acquiring Bitcoin equivalent   to the full PIPE raise ahead of closing. And PIPE, I guess, is an acronym. And I don't know what it means, but it's p I p e. If you know what that means, give me a boost to gram and tell me what it is that I'm missing there. But it doesn't really matter because, quote,   Bitcoin is one of the only truly decentralized, immutable, and   resistant assets, and its role as the foundation of a new financial system   is inevitable,   said Paolo Ardoino,   CEO of Tether. Quote, with Jack at the helm, we are proud to support this effort to further Bitcoin's adoption and reinforce its role as the ultimate store of value. At Tether, we have always believed in supporting initiatives that strengthen Bitcoin's dominance and real world utility.  

Twenty one will take a Bitcoin first approach that aligns with our vision,   prioritizing accumulation over speculation,   and build long term value for those who understand what Bitcoin represents.   With its dual focus   on financial products   and Bitcoin centered media,   twenty one aims to evolve the MicroStrategy,   which is now strategy,   model into a broader platform for Bitcoin native innovation   offering new capital market instruments, lending models, and pro Bitcoin content   for public shareholders.   Right? So there's not a whole   it it I wish this particular story had been a little bit more descriptive about what's going on. But the key points here is that you got Jack Mallers from Strike being named the CEO   of a company that is going to launch with more than 42,000   Bitcoin on day one,   and it's being backed   by Tether and SoftBank.  

But there was another   name that was in here. Do you remember what it was?   Cantor   Equity   Partners.   That's where this other article from Bitcoin Magazine   written by Nick Ward comes in.   And maybe this will be a little bit more descriptive   of what the hell is going on. SoftBank,   Tether,   and Cantor Fitzgerald   are in talks for $3,000,000,000   Bitcoin Treasury vehicle.   SoftBank,   one of Japan's most powerful corporate institutions,   is reportedly in talks with Tether and Cantor Fitzgerald   to launch a $3,000,000,000   Bitcoin Treasury vehicle slated for public listing.   According to Bloomberg,   the structure is expected to be capitalized in Bitcoin,   not fiat,   with SoftBank contributing   $900,000,000,   Tether, 1 point 5 billion dollars,   and here comes Bitfinex   with $600,000,000.  

If finalized,   which it looks like it has been, the entity would launch with approximately   32,000   BTC.   Ah, see, that's a different number.   This article was actually written first, and then the Jack Mallers news dropped.   This is all happening at lightning speed, ladies and gentlemen.   It instantly is ranking among the top five Bitcoin holding public companies globally. It would also mark a significant expansion of a corporate strategy that's already redefining capital formation,   the Bitcoin   Treasury   Model.   The idea of holding Bitcoin on the balance sheet has moved beyond fringe theory. For a growing number of public companies, Bitcoin is becoming   a foundational   capital asset, one that enables not only preservation of purchasing power,   but accelerated access to new forms of capital. This shift is clearest in the case of strategy,   the company that pioneered the modern Bitcoin treasury strategy.  

As CEO, Fong Li, explained during his MIT Bitcoin Expo keynote, quote,   we outperformed   the entire Nasdaq,   the entire S and P five hundred, the entire MAG seven, and we outperformed   Bitcoin itself, end quote.   Strategy's results were not driven by speculative timing.   They were powered by structure.   The company reimagined   its balance sheet as a capital engine, raising funds, deploying into Bitcoin, and making its holdings fully transparent in near real time.   Lee argued that many companies underperform   not due to execution failure,   but because they remain trapped   in outdated financial models,   models that favor fiat, prioritize defensive posturing,   and ignore the velocity advantages of digital capital.  

While SoftBank's potential move is commanding attention,   Japan already has a benchmark in place because in 2024, Meta Planet Incorporated   delivered one of the most remarkable corporate transformations in global markets.   Once a struggling, if not failing hotel operator,   the company pivoted into a Bitcoin treasury strategy and become became   the best performing stock in the world   in the world. Yes. The best performing stock in the world   with a 100 x market cap increase.   Meta Planet didn't just accumulate Bitcoin. It rebuilt its capital structure around it using Bitcoin to drive debt issuance,   equity raises, and treasury allocation.  

Its performance began tracking not on earnings per share, but on BTC   yield.   That's the percentage growth in Bitcoin holdings relative   to fully diluted shares. And by q one twenty twenty five, Meta Planet had achieved a BTC yield of 15.3%   with a target of 35%   per quarter.   The market responded by repricing the company around its Bitcoin per share performance.   Meta Planet proved   that the Bitcoin treasury model works in Japan and that it can scale.   Its success opened the door for larger firms to step in and expand the strategy   further.  

What SoftBank   brings to this evolving corporate category isn't novelty, it's   sheer magnitude.   With $32,900,000,000   in cash and nearly $200,000,000,000   in net asset value,   a 900,000,000   Bitcoin allocation or $900,000,000   Bitcoin allocation   represents merely a 2.7%   of the reserves.   But structured through a public company seated in Bitcoin, it becomes a very high visibility signal to the rest of the global market.   The proposed joint venture, unlike an ETF or a synthetic fund, is a Bitcoin native operating company designed for public equity markets.   It enables investors to gain Bitcoin exposure through a traditional channel while creating new opportunities   for capital formation through BTC backed financial instruments.  

This structure would also fill a critical gap in Japan   where no spot Bitcoin ETF currently exists.   It would become the country's first,   most accessible,   liquid, and institutionally   credible vehicle for Bitcoin exposure.   SoftBank   would not be entering uncharted territory.   It would be scaling a proven,   institutionalized model,   bringing broader market access and deeper liquidity   to a capital strategy already reshaping corporate finance.   If completed,   SoftBank's   move would be among the largest Bitcoin treasury deployments in corporate history   and the most significant to date in Asia.  

It signals that Bitcoin is no longer an experimental reserve.   It's programmable   capital.   It allows companies to transform   idle balance sheet assets into productive   strategic   capital platforms.   The corporate Bitcoin treasury era is well underway.   SoftBank has the balance sheet, the reputation,   and the infrastructure to take it even further, scaling a model that's already shaping capital markets from the inside out.   Okay. So that's the end of those two articles, but I'm not quite finished yet.   Jack Mallers made a post on,   Noster   last night or very early this morning   and says   and this is talking about strike.  

Right? So this is while he's writing this, this Kantor Fitzgerald,   SoftBank,   Bitfinex,   and who else? Oh my god. Who else was it? Hold on. I I got it right here.   Twenty one Capital   involving major players like SoftBank,   Tether, Bitfinex,   and Cantor Fitzgerald.   Those are the, like, four of the largest things that you can have going for you. Two of them are the one two of the largest players in Bitcoin itself. Cantor Fitzgerald   and SoftBank   are two of the largest just   legacy financial capital market makers that there is, and they're all coming together for a nice little dinner party.   Well, while that shit's going on, I got Jack Mallers last night saying,   Strike   is already issuing millions of dollars worth of Bitcoin backed loans   every day,   and I haven't even officially launched the product.  

So while we just got finished talking about his appointment as CEO   to '21, which is backed by the people I told you it was backed by,   Strike is about to launch   I guess they're gonna announce today   because, you know, there was sort of an announcement of announcement, but   he's saying millions of dollars worth of Bitcoin backed loans every single day, and they haven't even officially launched the product.   I think we're entering into   what's called a sea change.   I I do and I I'm not saying number go up. I'm not saying Fiat's gonna die. It's not. Not anytime soon anyway.   But we're   if if you have ever been on a cruise   and you've done a sea change, then you know what I'm talking about. Now I haven't personally done a sea change. I have been on a cruise, and the reason I know about this shit is because I was you know, I have a tendency to talk to the help.  

I like talking to the waitresses and the bartenders, and I I I, you know, I I get more information,   like, actually talking to these people than anybody else. And one of my bartenders was talking about sea change, and it's like when   they essentially like a ship, like, I don't know, Princess Cruise Lines or something like that.   They go from doing, like, the Alaska,   you know, like, they go from Seattle to the Alaska run. That's   a really popular cruise.   But then they will trans navigate over to Australia   and do, like, whatever cruise they got going over there.   Well, when they do shit like that, you know, when they when they're on the Pacific Side or if you're on the Atlantic Side and you're doing, like, Florida cruises   or whatever, and then you actually have to navigate over to the Pacific Ocean,   that's a sea change. Right? And apparently, it's a it's really interesting. They he real tried to describe it,   but he's like, you can just kind of tell. Even though you're surrounded by water,   there's just something that tells you in your bones   that you're about to cross into a completely different ocean.  

And that's where we're at right now. That's where we're at right now today. And you can hate Jack Mallers in strike.   You can can't you you can hate strategy and Misty and MSTR.   You can hate all that all you want.   But they are going to continue to buy Bitcoin.   So what should you do in these trying times?   You buy Bitcoin   and you hold Bitcoin. It's not that hard.   Now,   my good buddy Leathermint,   he's in the Circle P. He's the featured vendor for the Circle P today.   If you need a belt,   if you need a wallet,   if you need something made out of the highest quality leather that's going to probably last you a lifetime,   Leathermint is your guy. And you can go to the leathermint.com.  

That is the leathermint.com,   and you can peruse the shop. You can look at his beautiful belts.   You can look at his   hand stitched   leather goods, his leather wallets.   And you if you just look at the stitching   and that's where it's not just about the quality of the leather.   It's about how it's these pieces of leather are held together in order to make a functional wallet, a functional bracelet, a functional belt.   It's all about the stitching. And if you just take one look,   a good look at the stitching of these   high quality leather products, you'll know exactly what the hell I'm talking about. And   I got a coupon code for you. My good buddy Leathermint   is also using coupon code bitcoin and for 10%   off of your purchases.  

And when you let him know that you actually, you know, bought one of his goods because you heard it here on the circle p,   that that's how he knows. You put in Bitcoin and into the coupon code, and that way Leatherman understands that I'm the one that made the sale for him, and me and Leathermint's got a deal worked out where he pays me what he thinks   that sale was worth to him   in the form of Bitcoin, which he sends me directly. There is no middleman. There's no conversion to fiat currency. It goes directly to my lightning node. That's how I get paid. Right?   And I I I understand that people sometimes don't like commercials.  

However,   what if you want a a wallet?   What if you want to buy it in Bitcoin? Because if you're not selling it in Bitcoin,   you're not in the circle p. That that's that is a parameter.   You have to sell. You have to at least have that offer. Like, yes. I will take fiat, but I I also will also, you know,   let you buy this stuff in Bitcoin because that's again, that is a stipulation. I won't nobody gets into the circle p if they're only doing fiat.   I want plebs to do well.   I want the people that love making leather goods to actually be able to do that for their life.   I want people like SoapMiner that makes soap to do be able to do that and make a living at it, a good living.  

And, you know, nobody has advertising budgets. Money's tight everywhere because everything is just freaking out. Right? So it's up to us   to support each other,   and that's why I came up with the Circle p. It is plebs   like you with goods and services,   selling to plebs just like you who might want to actually purchase those goods and services, and I do not put crap in the circle p. Every single vendor I have makes their stuff by hand,   sells it for Bitcoin, and is proud of their product.   Go to the leathermint.com.   Just look to see if there's something that you want. I highly recommend a wallet   because wallets are very, very useful appliances, and he's got some really neat wallets.  

Just go look, and you'll understand   just how neat they are. They actually have some special features. But moving on to Jay Clayton, who is now taking the helm at the Southern District Of New York, returning to government with crypto record in tow according to Vince De Aquino from Decrypt.   Former sec SEC   chairman Jay Clayton, he would remember,   Jay Clayton was the chairman of the SEC.   He officially assumed his role Tuesday   as US attorney for the Southern District Of New York 1 Week after being appointed   interim attorney by president Trump. And Clayton now leads one of the most influential   prosecutorial   offices in The US   known for its jurisdiction over Wall Street and a history   of high profile financial crime cases.  

Pausing to say indeed.   Most of the time when you hear about somebody being charged in Bitcoin,   a lot of the time, it's coming out of the Southern District Of New York. And now that doesn't look like it's going to be happening very much anymore   because   the Southern wait a minute. So oh, yeah. The Southern District has long played a central role in enforcing corporate accountability   and shaping financial regulation.   They've always been up the wazoo   of Bitcoin companies.   And they were right alongside   the state of New York when they decided to make it just damn near impossible to have a Bitcoin company there with what's called the bit license.   And if you come if you run a foul   at any time, if you're if you're anywhere   close   to capital markets,   SDNY's   got your ass.  

And now Jay Clayton is at the helm.   In a statement released   by the US attorney's office, Clayton said that he would prioritize, quote,   protecting public safety, combating fraud, particularly on the elderly and more vulnerable,   and ensure the integrity of our financial system   as I defend our national security.   Okay. Well, little   little little hubris there. But senate majority leader Chuck Schumer   previously blocked the formal nomination process for several of president Trump's US attorney picks by refusing to return the requisite blue slips.   As a result, Clayton will serve in his new role on an interim basis for up to one hundred and twenty days.  

His continuation beyond that period would require confirmation by the senate   or appointment by district court judges in Manhattan.   While Clayton's mandate will be much broader   than his previous role at the SEC,   during his time at the regulatory agency, he played a significant   role in policing the 2016   initial   coin offering boom.   He brought 57 cases against crypto firms, ICOs, and other blockchain based projects during his tenure   from 2017 to 2020.   Clayton also stopped 18 suspected fraud operations involving blockchain and digital assets,   a summary published by the SEC shows. While the general number   of his enforcement actions on crypto is lower than   SEC chairman Gary Gensler's count, 70 versus 125   initiated,   more of these were approved by unanimous votes   according to data compiled by Cornerstone Research.  

Clayton's relationship   with the crypto industry has been complex as well as controversial.   Clayton's appointment to SDNY   comes shortly after the SEC dropped its appeal in the landmark Ripple case that he initiated during his final days as SEC chair in December of twenty twenty.   The SEC and Ripple said earlier this month they have been working toward a negotiated   resolution.   After resigning from the SEC, he pivoted to advisory roles at crypto firms One River and Fireblocks,   later guiding the former to list a Bitcoin ETF   despite previously hinting the Bitcoin market was open to manipulation.  

Now in office,   Clayton says that he's honored to serve alongside an institution   synonymous with excellence and integrity.   Indeed, his achievements reveal a storied career.   Clayton was nominated by president Trump in 2017   to lead the SEC and was confirmed   by May of the very same year with bipartisan support.   Prior to his leadership at the SEC,   Clayton defended several of Wall Street's top firms   during his time at Sullivan and Cromwell.   We'll have to see what he does,   but he's part of the Trump administration   again, and now the Trump administration   is all in love with Bitcoin. So we will just have to see   whether or not Jay Clayton decides to stoke the fire some more or decides to, you know, take it easy.  

Let's run the numbers.   Futures and commodities, oil just can't figure its own ass out right now. West Texas Intermediate is down two and two thirds of a point,   back down to $61.96   a barrel. Brent Norsey is down two and a half percent to 65 and 80¢.   Natural gas is swinging the other way, though. It's up a point to $3.03   per thousand cubic feet while gasoline is down 1.19   to $2.07   a gallon. Gold,   taking it on the chin this morning, three and a half points to the downside. Woah. Holy moly.   That's would be,   $3,299.10.   Silver is up two points. Platinum is up 1.7%.  

Copper is down   three quarters of a point. Palladium is up three quarters of a point.   In ag, what we got going on here? Pretty much mixed today, but the biggest winner   is   coffee?   Yeah. Coffee. Three and a half percent to the upside.   Biggest loser today is chocolate.   No. It's not. Yeah. It is chocolate. Two and a quarter to the downside.   And it was running up there pretty good there for a little while. Live cattle is up three quarters of a point. Lean hogs moving sideways.   Feeder cattle are up one third of a point. And all the legacy equity markets are really happy today.   1.74%   to the upside   puts the Dow back at 40,033.  

So no more 39 at least for, you know, at least right now.   And then let's see what else we got going on. S and P futures or well, the S and P itself is up 2.31%.   Nasdaq is up   three full points, ladies and gentlemen, and the S and P Mini is up two and a quarter. And why, you may ask? Well, I'll tell you why. Because Trump is softening his language   on   his trade war with China in you   know, specifically.   And,   of course, he's gonna be lambasted for, oh, well, see, he was really weak, man. He just like, I don't know. I think all this was is just part of the fact that he, well, he wrote the book, Art of the Deal.   And there's one other thing about Art of the Deal that I haven't really discussed, and it's like being very loud and boisterous   announcing your presence, announcing your intent to do a deal. Right?  

Maybe   that was part of the strong stance was to get China's attention.   This entire thing was not about Thailand tariffing us. It was not about Australia. It was sure probably was not at all about Canada and Mexico and all the rest. This was all about China.   And he burnt the market to the ground to make a point. It's like it's like the meme with the joker burning a pile of cash. He's like, it's not about the money.   It's about sending a message.   I kinda think that that's what this was, is he was like, gee, me and you are going to sit down in a room, and we're gonna hammer some shit out.   And as long as they come up with some kind of deal   I you know, it doesn't even have to, like, be everything that Trump wants. As long as they get something hammered out and it's a deal that they both sign and they can show the world we've done a deal,   then a lot of what people are calling chaos in the markets   will start to ease up a little bit.  

However, I still believe there's going to be big shifts   in capital allocation. I   still think   housing is a bubble that is about to pop, and it's gonna be pretty ugly again.   I think people are going to be moving into gold and Bitcoin.   I think that   a lot of these companies that are zombie companies are going to start fighting to get a Bitcoin treasury so that they can turn themselves around. And like Sailor says, instead of just having a balance sheet that does nothing, you've got to turn it into a capital generation   engine.  

I do not disagree with that.   There's no reason why you shouldn't enslave your money.   Hell, there's there's a book called The Richest Man in Babylon, and it's quite literally one of my favorite books to listen to while   I'm on a walk or or washing dishes or whatever. Right?   Because, yes, I have I don't have a dishwasher. The place that we're at right now just it doesn't have a dishwasher,   and I've been washing dishes for a long time now,   like, every day.   It's a pain in the ass, but it does give me a lot a lot of time to listen to podcasts, you know, especially this particular audiobook called The Richest Man in Babylon.   And one of the things that they talk about is, what's your perception of money?  

What do you think it should do?   And they don't go through that is fungible, that is recognizable. They don't go through any of that.   That that is an assumption that they just hold at the very, you know, first of the book. They're just, like, going, we're gonna talk about money and how it works for you. And through a series of really interesting stories   set in ancient Babylon.   It's very it's very well done. It keeps your interest because it's not talking   about   economy in, you know,   in today's times. It's literally talking about   what do you do with money.  

And when Sailor said and like I said, I know people hate Sailor, and I know people think he's gonna be pulling a big giant rug pull,   but I really cannot   stop thinking about what he said.   You have to stop looking at your company's balance sheet   as defensive,   as a store of value,   as something that you just sit on like a red dragon.   No. No. No. You have to turn it into your slave.   You have to force it to work for you,   and that work is to make more money.   And that's and they talk about that in this book, The Richest Man in Babylon.   If you have cash,   then you need to be   having that cash enslaved   to make little baby caches.  

And then once those little baby caches get strong enough and and grow up just enough, you turn that son of a bitch into slaves too.   And you just keep enslaving your money. And I know I'm I'm using a terrible word because it's always associated with human slavery.   If you're gonna if you have the notion to enslave something, don't enslave people.   Enslave money.   Now let's get on to the dashboard where it looks like, yeah, we're holding at $93,670   per Bitcoin. That is a $1,860,000,000,000   market cap, and we can now purchase 28.1   ounces of shiny metal rocks with our one Bitcoin of which there are   19,854,985   and a quarter of, and average fees per block are   relatively high at zero point six no. No. 0.06   BTC   per block.  

Now there's a lot of blocks.   Well,   there's a lot of blocks in comparison to what we've been seeing.   26   blocks,   27 blocks carrying   62,000   unconfirmed   transactions waiting to clear at holy moly.   High priority rates are 21 Satoshis per vByte. Not 2.1,   20 1 Satoshis per vByte. I haven't seen prices this high since I watched a movie called Used Cars back in the seventies.   Low priority good to get you in at 17. And if you have not watched   used cars,   you are missing out. Freaking thing is hilarious, dude. Alright. Mining.   What's the miners doing?  

Dropping   hash rate again.   837.3   exahashes per second.   Quite low in comparison to where we were   at the peak of somewhere around   940,   somewhere around there.   Yeah. 940   or 930   exahashes per second was, like, an all time high.   So, yes, we are quite down from that,   but 837.3   exahashes per second, in my opinion, ladies and gentlemen, does not equal capitulation.   Now,   I have a website for the Bitcoin and podcast.   It is   bitcoinandshow.com.   I post every show to bitcoin   show no. Sorry. Bitcoinandshow.com.   I've also published a couple of articles there.   It's it's   I'm just using a a relative template   and I'm using Ghost   as my host because they are, in fact,   while they're I don't think they take Bitcoin for their goods and services,   but they are Bitcoin adjacent insofar that it was through several Bitcoin podcasts that I came to know about Ghost as a   as a web host. And that's who I'm using. So the website's powered by Ghost. I'm using a simple template.  

If you're looking for gears and lights and whistles and bells, it's not there yet.   I'm just getting my feet wet on how all this stuff works. But but but   please go visit   bitcoinandshow.com   and sign up. Just give me your email in yes. I know. You're gonna go, why don't I give you my email? I'm not gonna give you give your email away. I'm not gonna sell your email to somebody else. Why would I?   That no. Well, I mean, I'm not going to allow somebody else to compete with my insane customers. That's ridiculous.   I will never   ever   ever   release your emails either for free   or for pay.  

Those are my emails.   Those are mine. I worked for them. I want them. I'm not gonna just give them or sell them to somebody else.   Bitcoinandshow.com.   Go to Bitcoinandshow.com   so that you   can see posts like breaking Europe, which was yesterday's   episode of Bitcoin. And I got the general   with one thousand two hundred ninety one sats says boost.   I got deleted account with   one thousand twenty oh, it's the same thing.   +1   says boost.   That was the general. But somehow or another, he's come up twice,   and one was called the general and the other one is deleted account.   Sometimes Fountain just kinda is   they ever since they integrated Nostr as their social media layer,   things are a little dicey.  

It still works, but you gotta watch out. T k c t v eighty h p w with a thousand says,   Forson   best made up word ever. Bravo d. It's foreseen.   No. No. Forson.   It's Forson, brother.   I'm I'm I am taking it back, man.   Axelrod   one thousand twenty one says, I use Obsidian now on your advice.   Not free, but cheaper than Evernote, and I like it. Learning as I go, but I heard you searched all your transcripts for your from your show. Could I search your archive?   How could I link my Obsidian app with what I'm using? Thanks.   I don't know.  

You know,   Axelrod, double aught, I don't know.   I did one of the things that that I'm really excited about is a project in Nostra called Project Alexandria.   Project Alexandria.   Go search it on Nostra. Just type in Project Alexandria,   and you will find people like Liminal.   Liminal is one of the guys working on it.   Oh, I can't I I can't remember   her name. She's part of the she's part of the crew.   She's a German,   German woman.   Not no. There's liminal and there's I wanna say Lysandra, but that's not it.   Go look at what they're doing.   And I had Liminal on the podcast to talk about what we think this is.  

What   one of the things that Project Alexandria   is doing   can kind of solve the question you just asked.   Now here's the other thing, I'm not gonna let somebody   in my archive   because I don't have   I I don't have   confidence that that archive wouldn't get screwed up. Right?   And secondly,   I'm not sure if that's possible.   But one thing that we could probably do or one thing, Axelrod, you could probably do is search Obsidian   and shared   archive or shared vault because they're they're not called archives, they're called vaults.   You want to search Obsidian   shared vault.  

They're they may have a mechanism to do that, but I still wouldn't open mine I still wouldn't open mine up.   If I do open it up, it's going to be somehow through Project Alexandria.   Again,   if you're not watching Project Alexandria in the nostrils space and what it means to things like notes   in Obsidian,   you're missing out. You gotta go check it out.   Psyduck with 588   says   Psyduck.   Yodle.   501   says 40 4 trillion and   bunch of happy a bunch of laughing faces.   Clear with 500 says, there's no point yelling.   Get it? Wartime 333   says, cheers. Pies with a hundred says thank you, sir. No thank you. That's the weather report.  

Welcome to part two of the news you can use.   We've got to embed Bitcoin   into everything   everywhere.   According to Shinobi,   he's written this piece for Bitcoin magazine. Last week, Breezetek announced WebAssembly   support   for their nodeless Breeze SDK.   They had to rework a number of pieces of the SDK to make Bitcoin and Lightning work in the browser, implementing   new ways to grab blockchain data, handle databases and memory, handle DNS resolution,   interact with file systems across different platforms, etcetera, etcetera, etcetera. Now   a lightning enabled wallet or application   can run entirely in browser.  

I'm sure plenty of you are immediately cringing and thinking about security concerns.   And I would be the first to say that storing any material   amount of or significant percentage of your wealth   in such a way is insane.   But some portion of everyone's stack needs to actually be   usable.   Bitcoin's future as a real monetary network is not one with a million   different apps and devices fumbling around to find the right one depending on what you are trying to do or what kind of transaction you are trying to make.   There's   room for what you are saying and what you are spending, but much more complexity   in terms of interoperability   is too far for your average person.  

Saving can afford some complexity and friction, but when it comes to actually using Bitcoin,   it needs to be seamless and embedded   everywhere.   If Bitcoin is going to be the future of money, then it needs to actually be intuitive.   It needs to be flexible.   It needs to   feel   like the future.   People seek out convenience in all things, and money is no different.   We cannot expect your average person to spend twenty hours researching   different devices, testing different applications and wallets, and then eventually   scattering their funds across half a dozen apps and pieces of hardware.  

People need to be able to open any device,   open any app,   and be able to access whatever Bitcoin they have available for spending.   That won't happen magically by itself. That requires work.   That requires   collaboration   on standards.   That requires doing the engineering work that doesn't make for attention grabbing headlines.   Breeze   has been absolutely   killing it in terms of doing this kind of work.   Other examples are BDK   and LDK   from Spiral,   libraries for building apps or integrating Bitcoin and Lightning into existing apps.   Nostra Wallet Connect   is another example   of standards for interoperability.  

The   PSBT   standard in BIP one seventy four by Ava Chow is another.   We need this energy   and direction to be amplified   heavily.   Bitcoin will not succeed in its goal of adoption if people are confronted with a fragmented   landscape of different walled gardens or inconvenient   ways of using different tools together   fraught with friction.   Bitcoin needs to be everywhere,   seamlessly   embedded into everything.   Okay. So that's Shinobi's take   on embedding Bitcoin into everything.   Embed is an is a good word here. And if you are not familiar with what he actually means   and I'm going to just I'm going to make a huge assumption, which could make an ass out of you and me. But I'm going to suggest that when he uses the word embed,   he wants code   that I can, like, drop into my website, like on bitcoin and show.com. That's bitcoin and show.com.  

What if   you went to bitcoinandshow.com   and the first page it had was,   like,   the ability for you to interact with my website   and be able to tip me directly by lightning   with a   module   that I just threw into the the header   of or, well, or it's somewhere in the body   of the first page that you see at bitcoinandshow.com.   And it allowed you to, I don't know, tip me.   Or   maybe I'm maybe I embedded into the circle p page.   And and somehow or another, I'm like, I become so good at web stuff and I'm never gonna be able to do this myself. I'll have to ask for help. But to have, like, vendors,   all the vendors of the circle p   represented,   like, as a storefront. And you click on a vendor. And when you go to that page, there's an embedded lightning wallet that you can just use that somehow or another accesses   whatever funds you have on your computer like a pipeline   that goes from my website   to whatever it is that you're interacting with.  

Like like and in this case, he's saying that, like, the Breeze SDK stuff is is getting pretty solid.   Wouldn't that be interesting   if you didn't have well, he only uses, like, Nostra Wallet Connect. And and I do. I I use Nostra Wallet Connect, but I haven't embedded something as code into any pages of my website that allows you to use Bitcoin directly on my website. And it's not because I don't want to, it's because I'm not good at web stuff, man. I'm just not. But that's what he's talking about.   He's talking about anybody to have any of their websites   have, like, some kind of embedded HTML code or something like that in the body of their page that allows them to the user of the web page to actually interact with that web page in a functional   Bitcoin   savvy way.  

And he's absolutely   correct.   He's absolutely correct. The we need to get past the friction.   The people that are okay with friction are people like you and me.   Well, with friction in in Bitcoin, we want to tear things apart. We love it. We love diving into something new. You You know, like when lightning came out, we were told, oh, don't put any real funds on it because it's, you know, you could get it all stolen. It was reprehensible. What what was the term that   Elizabeth Stark used? We we had it memed into consciousness for a long time.   Reckless.  

Hashtag reckless. It was reckless to use lightning. It was only experimental, and yet here we were throwing a hundred bucks worth of Bitcoin into a freaking lightning channel to see how this shit works.   We cannot   at all expect your average person to want to do that, much less   actually do   that. Okay.   So let's shift gears.   Let's talk a little bit about shitcoin number one, aka   Ethereum.   Johan Yun from Cointelegraph   tells us about the continual   dumpster fire that Ethereum is.   Institutions   break up with Ethereum but keep ETH   on the hook.  

Ethereum is entering one of its most precarious periods since its inception.   Usage on the base layer is plummeting. Core metrics are nearing multiyear lows. And even cofounder   Vitalik Buterin himself   is proposing   a radical   architecture   overhaul.   I'm pausing right there.   Do you know what a radical architectural   overhaul means when it comes to software?   Let it rattle around in your head. Is this where you wanna trust your wealth?   If you have friends or family   that somehow or another haven't listened to you about Ethereum,   try again.  

Get them out. Get them out. Get them out. Because institutions   aren't waiting to see how this plays out. Blockchain data shows that long time supporters such as Galaxy Digital and Paradigm have been slashing their ether holdings in recent weeks.   So far in April, Ethereum's base layer activity has continued to collapse. Ethereum's network fees are dropping, and inflation   has been rising. I thought it was supposed to be ultrasound money.   Through layer two networks or though layer two networks continue to develop,   they're cannibalizing   the base layer's value capture.  

But the story isn't entirely about Ethereum's collapse. Some whales are treating this downturn as a rare buying opportunity.   Even those who are selling Ether can't fully let go. Yeah. Because they're trapped   against Bitcoin.   If if these people are still in Ether and they know anything about what's actually going on with the Ethereum thing, the Ethereum Foundation   and and Vitalik Buterin and wanting to overhaul the entire architecture.   They're they're trapped because they know they've lost value against Bitcoin. All you have to do is look at the ether BTC   chart, and you'll see exactly what I'm talking about.  

They're back to valuations against Bitcoin   of 2020.   That was five years ago, guys.   That's why they're still there,   and they're going to hold on to this bullshit   forever.   And I I just want I just wanted to bring that up. There's a lot more to this article,   but there's a lot of this article that   is is just   is just not necessary   because they're   talking about   how it may not actually last. That Ethereum might actually   bounce back and that some of this stuff is good. All you need to know that is that institutions are getting the hell out.   Vitalik wants to completely overhaul the architecture,   and it's been losing value against Bitcoins   for five years.  

How much more do you need?   Get your friends and family out of this crap before it kills them   and before they make a movie   about it killing them, which then you might actually be able to post up on   kinoster.com.   That's right. Kinoster.com,   k I n 0 s t r Com. What is it?   It's movies on Nostr, and it was created by Carnage, at least as near as I can tell. Okay. It's not exactly movies   on Noster.   There's pointers to where the movie actually lies,   but this gives a really nice interface   to play an entire movie,   and you log into it with your Nostr credentials.   Like I said, canoster   I've been saying this about Nostr for a while.  

Nostr,   and I need to pause this because I'm I started the movie Soldier from 1998,   which if you haven't watched Soldier from 1998,   '1 of the best movies   I've ever seen.   For the for the quality of movie that it is, for the quality of cast that it is,   Kurt Russell's performance,   I think he says five words in throughout this entire movie.   His entire performance in this movie is completely physical.   Soldier is one of the best Kurt Russell movies I've ever seen.   But getting back to Knoaster, k I n o s t r,   websites that decide to that or or people that want to create something and they decide to use the Nostr protocol to create   whatever they want to create. Doesn't have to be social media. Social media is just the lowest hanging fruit for Nostr.  

But anything,   anytime anyone   wants to actually create something   for the web and they decide to use the Nostr protocol,   I've already got credentials   for that website.   I already had credentials set up for Kinostr even though I had just heard about it this morning.   And Carnage, I think, vibe coded this thing into existence over the last couple of days, and it works fine.   And I'm not gonna get into all the the nuts and and and guts and feathers about it. That should be up to the guys out there that's listening to the sound of my voice. Go to konoster.com.   Tell Carnage what you think about it. Carnage is spelled with a k, k a r n, a   j   a g e, Carnage.  

Carnage on Noster. He's a little purple cat with goggles on. If you wanna look, you know, see if you're you're talking about the right carnage,   and let him know what you think.   Ask him questions about it. How because there's how do I post?   How do I post up a movie? Right? I think it has something to do with hashtag Kinoster,   and then you go find a movie in some, like like, I   it's leveraging some database that's out there somewhere, and I don't remember the name of it right now. But somehow or another, that automatically   populates   Kinoster   with the movie and you're doing it from a completely different Nostr client. If you're not on Nostr, why?  

The future is here. The fact that I can post a movie to Kinostr   from a completely different client with a simple hashtag   is something Twitter   never would be able to think about doing. Why   are you still not on Nostr?   Is it that difficult?   Is it really? Because, honey, if it's that freaking difficult for you, I got I I got something. I where where am I at? I need to go let's see. Create your Nostra account.   Start.   No. No. No. It's not start.   It is now in start.me.   If you're if you   just want to be held by the hand   and led through the forest of woe,   please, please, please go to nstart.me.  

It's like five steps. It takes maybe two minutes to get through, and it will tell you exactly what it is that you're doing,   how you're doing it, why you're doing it, and then it has the buttons that you click to do the thing.   It's it's   from an instructional standpoint,   nstart.me   is one of the best resources out there to get somebody who's like, I don't know what an insect is, and that just sounds too complicated for me. No. It's not, and nstart.me   will tell you exactly how to do it. Please, please, please go to nstart.me.   Get on Nostr.  

Go watch movies.   Specifically, go watch Soldier.   Like I said, man, Kurt Russell says, like, maybe five words in this entire movie. Other than that, he's completely silent. It's a great flick, dude. Great flick. Now   the forest is my mentor.   Okay.   What am I talking about? Well,   I was on the once bitten podcast   with Daniel Prince   and his daughter Lauren,   and we talked about arbuscular   mycorrhizae and a whole bunch of other stuff. We did touch on Bitcoin as it applies to   the fact that networks are networks are gonna network. And just because one network is Bitcoin and the other one is a mycorrhizal network,   they still have   these similarities.  

And what we can learn from nature   can kind of guide us as to how we   interact with other networks.   But this   Daniel's   Daniel Prince's once bitten podcast has been around   longer than this podcast.   Right?   He always has his daughter Lauren in the room at the first so that she can ask questions to the guest   on the Once Bitten podcast.   After about, sometimes, anywhere between five minutes,   ten minutes, fifteen minutes,   maybe sometimes twenty minutes, that's when she leaves.   Lauren never left this podcast.   She was there till the very end, and me and Daniel   realized   at the very end that Lauren was still there. And she had always been active during the podcast, but it was almost as if we were all, like, still in that first twenty minutes even though this thing went for, like, what is it? I think it's   god, we went for two hours and eight minutes   talking about forests, talking about mushrooms, talking about Bitcoin, talking about lightning network,   talking about biology and how markets   are just, like, manifestations   of what nature already solved.  

If you want to go hear me talk more about this for two hours and eight minutes   with Daniel Prince and his daughter Lauren, well, then   go to the show notes. I've got a link directly to the podcast,   Once Bitten podcast, not only to the podcast, but to this specific episode that I'm talking about,   and boost   give give Daniel Prince some boost on Fountain.   Go listen to it. I really enjoyed my time with Daniel.   We're planning on having me back to talk about   something else.   I think we're gonna talk about Forest Walker,   Bitcoin mining and Forest management. That was an article that I had written,   you know, a while back and finally published and kinda leaked it out and, you know, tried to make a thing out of it where, you know, people could see it. Somebody saw it. That somebody was Guy Swan because his Bitcoin Audible podcast   read August,   he does the Forest Walker. I was I was honored   that Guy Swan picked it up and not only did he pick it up and not only was I honored that he read it because he thought it was good enough to put on a show,   he actually went through quite a bit of critique   on on the cyst on the system that as I was outlining it in the article   on the back end during his,   guys take.  

Right?   He had some really good points.   I've got about a thousand problems with this system. Will it operate in deep snow?   How wet can the wood actually be? So when it starts raining in the forest,   how does it does the system shut down and have to let the forest dry out for a couple of days? There's a there are quite a few issues with this, but,   Guy Swan,   he understood.   This is this is kind of like for me, it's more than a thought experiment. I think this could be done. I think this actually should be done. But the major problem is is there enough return on investment potentiality   to have this kinetically built by people that would want to invest   a good amount of time, effort, and money to actually build the forest walker for forest management.  

And it doesn't have to be just forest management. But still,   Guy really did get it. He really did understand.   We have to start well, we don't have to. I just feel that I need to start thinking about Bitcoin differently. Where can I plug Bitcoin in that makes things that wouldn't normally work actually work?   And I keep finding all kinds of ways to plug Bitcoin in. I got more articles coming out. I will start working on them. I promise.   But,   like I said,   Guy Swan,   read eight seventy eight, and, yes, I've got a link directly to the fountain.fm   episode of that. So you could just click the link in the show notes   and go right to it if you want to listen to Guy Swan, read the article,   and then go   through some critiques and what he kinda thinks to the system. I actually found it very valuable feedback.  

Thank you, Guy, for reading that on Bitcoin Audible. It's always been one of my favorite podcast,   and I was honored   to be featured on your show.   Alright. Citizen x acquires plan b passport to accelerate sovereign movement.   I find this interesting that   plan b passport has been acquired.   This is written from Bitcoin news.   Citizen x,   a Swiss based technology firm, announced today   the acquisition   of plan b passport,   a trailblazing firm specializing in helping high net worth individuals and families   navigate the investment migration   space.  

Katie, the Russian   Anania,   Plan b's founder. And I've met her before. She's a lovely woman. I met her at BitBlock Boom the one time that I was actually able to go to a Bitcoin conference in Dallas.   Katie was   is is an   I it's like one of those girls you just kinda fall in love with immediately   because she's nice and she's funny and she's really, really smart. And she was so smart that she is the one that created plan b.   And if you haven't heard about plan b,   it was a big, big deal a couple of years ago before Noster   when I was still on Twitter.  

Right? And, essentially, plan b just allows you to get multiple passports so that you can have citizenship   in different regions of the world in case shit goes south in whatever region you happen to be   living in,   but she is set.   Katie the Russian is set to join citizen x as the chief marketing officer,   bringing along her over 50,000   followers on x and experienced team renowned for bold client centric solutions.   Plan b Passport's core ethos?   Quote,   limit your dependency   on any one particular state   by obtaining a second passport.   End quote. It resonates seamlessly with CitizenX's commitment   to helping clients diversify their passport portfolios   with privacy focused technologies and concierge   service.  

Together,   they will offer over 25 citizenship and residency programs around the world from Caribbean citizenship by investment programs   to European golden visas and beyond,   giving clients unparalleled control over their money, choices, and destiny. Quote,   I started plan b passport to help my friends on Twitter get their plan b passports, said Anania. Quote, now   with the scale and technology behind citizen x, we're the loudest,   most trusted voice in this game, and we'll bring it far beyond my Twitter following.   Our clients get more options, faster service,   and the same rebel spirit amplified.  

End quote, citizen x gains plans plan b's expert team, which consists of digital marketers, world class operators, and citizenship specialists,   and   Plan b's Bitcoin friendly approach.   The merge elevates citizenx.com   into a new category of citizen ship solutions backed by plan b's ancestry based citizenship   programs   and exciting, quote, soon to be revealed Bitcoin options. Quote,   Katie and plan b bring a fearless energy that we admire, said Alex   Raco   well, hold on. Racoosso,   CEO of CitizenX. Quote, their dominance in the Bitcoin space   and industry expertise supercharge our vision.  

Together, we're creating new ways for countries to fundraise   directly from citizens and, more importantly,   helping more people secure their freedom. For more information, visit citizen.x   or contact Katie at citizen x dot com.   Katie,   congratulations,   man. You got bought out.   And I hope that Citizen x doesn't rug pull the idea of using Bitcoin.   Because Citizen x, sorta like the same thing.   That plan b   was or is, but they didn't accept Bitcoin.   Because it Katie's Katie's vision for   multiple passports in citizenships,   you know, around the world   had nothing to do with, like, her being first to the market. She was not. This shit   is called flag theory if you wanna get into it. Just go search up citizenship   flag and theory in Google, and you'll understand more than you need to know about what the l flag theory actually is.  

She's not the first one to come up with the idea, but she was the first one to use Bitcoin with it.   And now Citizen x, which is one of the largest players in the game before   Katie started doing what she was doing,   now they're going to integrate the Bitcoin   part of that into what they've already been doing.   It's a mind virus, this thing.   Bitcoin, it's like water. It just flows through every crack. It gets into every cranny. And once it's there   once it's there, it just   doesn't leave.   Once the mind virus gets in your head and you start really understanding   at the same time what the hell's been done to us as a citizenry of the world,   you don't even want that water to leave. You never want to be without Bitcoin, and you probably never want to be without a second passport   even though, well, I have do not have a second passport myself.  

I'm kinda   I don't really I guess I should   in case shit goes south here, but it in case shit goes south here,   I   I I kinda just wanna end up in Southwest Colorado.   Because, honestly,   clearing out mountains is not going to be an authoritarian's   first mode of how they're gonna operate. They're gonna go for the big cities.   Right? If they're gonna get bombed, they're not gonna bomb Southwest Colorado. They're gonna bomb Chicago.   If armies are gonna march to put people in internment camps and I'm not saying that any of this shit is gonna happen. I'm just saying the worst case scenario,   the mountains   to if you wanna go pull people out of mountains, that is a waste of your time because most of the people, which is what you're probably after and most of their property, they're not in the mountains.  

They're in the plains, man. They're on the on the coasts. They're easy pickings.   The guys in the mountains, I guarantee this would just leave us the fuck alone.   And that's where you mount your Red Dawn resistance at.   If you've ever seen red dawn, you know what I'm talking about. If you don't, you don't. Either way, I will see you on the other side.   This has been Bitcoin and and I'm your host, David Bennett. I hope you enjoyed today's episode and hope to see you again real soon.   Have a great day.