“Wild generalization, but I think there's sort of two overlapping circles that might just be one circle, which is true believers and criminals.”

…Binance. I think they said in the first few hours, it was like $3 billion had been pulled out of the system, which they said was about 2% of their total assets under management. So they're not bankrupt yet, but like it's, you know, it's not surprising that folks are like, I don't know about this.

…I feel like the crypto wave was the late 2010s. That was like peak Web3 era. We were in, you know, we were in Bored Apes and whatnot. And yet, I guess these are the people who are still trading crypto and doing a lot of business there. I am still confused about who this market actually is.

That sounds about right. Yeah. I have to say, I do kind of like, yeah, absolutely. I do kind of like sit around every year, like waiting for the story of like how much North Korean hackers have managed to steal in crypto every year. And it's like, listen, we cannot love North Korea, but I just kind…

I wouldn't go as far as better. It's all bad. So the thing where you hate everyone, you just say, well, this just seems like good, clean fuck.

Yeah, totally.