You've had a dynamic where money has become freer than free.

If you talk about a Fed just gone nuts, all the central banks going nuts.

So it's all acting like safe haven.

I believe that in a world where central bankers are tripping over themselves to devalue their currency,

Bitcoin wins.

In the world of fiat currencies, Bitcoin is the victor.

I mean, that's part of the bold case for Bitcoin.

If you're not paying attention, you probably should be.

And Jason Calcanus was tweeting about this.

I was quote tweeting him last night about this idea that to fix the housing crisis, we just

need to build a million affordable homes to bring the prices down, flood the market with

more supply.

And I'm saying, commenting that the problem,

I don't think can be fixed by some sort of central planning of expansion of supply by one million homes.

The problem is that people are using real estate as a store value asset when it really should be a consumption good with some premiums that can exist due to location,

size, aesthetic, whatever it may be.

Yeah.

No, I think that's definitely the case.

I think homes and the S&P 500 are are essentially Ponzi's.

If you really break it down, like it's it's like okay if someone's going to pay more

for it's it's it's not based on the traditional valuation metrics anymore and it's this is this is a

big problem I have when I listen to you know people on like CNBC and it's like oh well they're always like trying to justify like some sort

...