Jordi Visser

Jordi Visser: But you said something referring to something I said. So so everyone knows rates do matter. OK, like if you go to borrow money right now, trust me, he said they don't matter. All right. No, no, no. Now let's go through some things. So if you go back five years ago today, that was before the Fed started raising rates. So we were at zero. Tenure rates were about 1.5%. So if you just take the performance of stocks since that day, anything related to home building is down. Anything related to retail is down. I can keep going on. Autos, consumer staples, it's all down. Technology is up 180%. Semiconductors are up 300%. So the economy has changed. Dramatically because the weightings of these companies are based on innovation. And so as you're hearing these things and you're reading them, there's nothing wrong for people to say this is the every time we've had this happen since 1970, the market goes down. It's fine for them to say that because before 2007, it would have mattered. That the market would have reacted a certain way, but everything has changed since the great financial crisis because it coincided with the launch of the iPhone. So I just want to make sure that we get that one there. Second thing, Bitcoin, okay? You made the statement and you're talking about money printing. I just want to make sure because this is a pet peeve of mine in the Bitcoin community. Money printing didn't just start when the white paper came out. It's been going on for a long time. You guys have probably... You've been in your pool as a child and you played a stupid game called Marco Polo. Marco Polo actually identified the first money printing known and that was in the 1200s in China. So you can go back and look and go read the history books and go see that he came in from Venice where gold and silver was the currency. He got to Kublai Khan. And he literally looked and said, wait, what is this stuff that you're getting from a mulberry bark of a tree? And the government was forcing people to use this for currency and then they would take the gold that was exchanged for that. So the money printing has been happening way before Bitcoin, my friend. You guys didn't invent this. This is not something that actually came out of that. In fact, what's the first line of the white paper?

Jordi Visser: But you said something referring to something I said.

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