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1902: North Carolina Files Bill For State to Invest In Bitcoin ETPs
00:35:55
North Carolina has become the latest US state to propose legislation permitting the state treasurer to invest public funds in “qualified” digital assets.
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- [00:00]
JV
This episode is brought to you by bank of America. What if your business could see beyond what is and into what can be? And what if you had a partner as visionary as you are? Bank of America gives customers access to trusted experts, real time insights and digital tools to make every move matter. What would you like the power to do? Visit bankofamerica.com bankingforbusiness bank of America is proud to be the official bank sponsor of FIFA World Cup 2026.
- [00:31]
Serge
This episode is brought to you by Indeed. When your computer breaks, you don't wait for it to magically start working again. You fix the problem. So why wait to hire the people your company desperately needs? Use Indeed's sponsored jobs to hire top talent fast and even better, you only pay for results. There's no need to wait. Speed up your hiring with a $75 sponsored job credit@ Indeed.com podcast. Terms and conditions apply. Welcome crypto fam to no. 1 Daily Bitcoin Pod Birthday special. In today's show be sharing the latest bitcoin technical analysis as we're pumping back in the green. Also new record global Bitcoin mining hash rate all time high and as we all know the price follows the hash rate new all time highs in play. Also breaking news Congress is holding a hearing today called the golden age of digital assets. Very bullish for the bitty. Also publicly traded kulr buys an additional 10 million worth of the Bitcoin now holding over 610 BTC. Also Russia and India cut the dollar use 90% of the direct transaction transactions and national currencies. Also Meta Planet share prices rise 4800% as the company continues to stack viny. We'll also be discussing solo minor snags Bitcoin block reward worth 300 GS as well as Tesla Q4 bitcoin profit highlights bitcoin collateral opportunity and breaking news. North Carolina House speaker files bill for state to Invest in bitty ETPs Exchange Traded Products. We also be taking a look at the overall crypto market. All this plus so much more in today's show. First and foremost thank you guys in advance for all the birthday wishes. You guys are way too kind. Shout out my biddy Brosi. Bring facts. Holding it down bit Alica Nice name there. Happy trifecta. That's right. It's my birthday today on the 11th it's my daughter's birthday. She turns 11 today on the 11th and it's the Nipinator's birthday. It's the trifecta. So respect. Happy birthday says Juan Much appreciated. Shout out East Afro King. I know I'm streaming extra early. It's because I have afternoon plans for the birthday, you know, with my little one, just FYI. But nonetheless, it's good to be here. February 11th. It's crazy looking at the date and seeing your own birthday, but yeah, very special day here at the household. Shout out. Patricia Ruth. Good to have you here. Shout out Serge. I enjoyed some of that incredible Cuban coffee that you gifted me from the fiesta this morning. It was really good. Very strong. I dig it. Happy, happy birthday to the Bitcoin podcast host, Shout out Ashley Almond. Appreciate that. Thank you, family. Darth Melda, an honor to have you here. Always an honor to see you. Shout out Harry Balls. The one and only. Appreciate you, brother. Appreciate the birthday wishes. Shout out, Ethan, become a Huddle gang member for 13 months. You get a gong strike for that one. Respect, brother. Greatly appreciate you supporting the show through the memberships. Shout out Samir. Again, appreciate all the birthday wishes. This is a try stream and a try birthday day and I'm gonna. I'm obviously streaming on x rumble and YouTube. I'm gonna go ahead and pin the stream to the top of the profile. That way you guys can find it effortlessly. And if you guys can just comment and quote it. That's all I asked for this birthday. Repost, comment and quote the live stream. Let's blow this mofo up and thank you guys again in Advance. Welcome, James LC Since 100k Fiesta, your hat has been crooked. Any reason? Just feeling the good vibes. To be quite honest with you, when I have a fresh cut, I usually don't rock the hat. I know it's a mess because I didn't do my hair today, but I'm kind of just flexing the fade, to be quite honest with you. It looks good. And so I'm tilting my hat with a little gangster lean. Hopefully that's acceptable from you guys, but I'm just feeling it. And that's why. But sometimes I rock my hat like this. It depends upon my mood, but I'm feeling really good, so. Hence the gangster JV J to the Danger Mouse V. Welcome, y'all. Hello, fam. Yes, and yeah, man. I mean, it is what it is. Again, welcome, everyone. A lot of news in the markets today. Markets are back in the green. We're pumping. We're ripping like the new Scotty Pippen. I'm gonna hit you guys with the theme music. Keep the comments going. I'll be reposting you all. Let's get it oh my gosh, it's finally almost here. JV is going to talk to us. Crypt news is near.
- [05:04]
JV
I can't stand waiting.
- [05:06]
Serge
There is no defeating it. I waited all day. Maybe I need a life.
- [05:18]
JV
But bitcoin is all I can think.
- [05:20]
Serge
About day and night. Hurry jb. Yeah, it must be a New York thing, Serge, because we often rock our hats to the side. Shout out. Bring facts with the orange Super. Greatly appreciate it. This isn't Doobie do. Get your kiddo some ice cream on me. You got it. I'm taking her to the big Plaza Lost America mall. As soon as I pick her up from school, we're take her shopping and getting some ice cream. On behalf of facts, thank you brother. This gong strike is for you broski. Bye bye bye. Always buy the Biddy 100%.
- [06:05]
JV
The Jack Welch Management Institute at Strayer University helps you go from I know the way to I've arrived with our top 10 ranked online MBA. Gain skills you can learn today and apply tomorrow. Get ready to go from make it happen to made it happen and keep striving. Visit strayer. Edu Jack Welchmba to learn more. Strayer University is certified to operate in Virginia by chevin as many campuses including at 2121 15th Street north in Arlington, Virginia.
- [06:34]
Serge
So yeah, thank you guys. I'm just reposting you guys from my account right now. Anyone who comments or quotes the stream gets reposted in real time. And today's stream is not going to be two hours, it's just going to be one hour, just FYI. So I'm going to try to get through the news as soon as I can so I can, you know, get to my little one. But thank you facts. Captain Kanati, much appreciated and Shelton joined JV in the CNA fam for the best crypto news. Much respect, you guys are the bomb diggity. But yeah, keep the comments a flowing fam. I'll be checking throughout the entire stream. Thank you Darth Melda, the one and only shout out. Mike Ash. It was pleasure, pleasure chilling with your brother at the fiesta. Getting to meet you. But let's just dive right in because we do got a lot to share and thank you again for all the birthday wishes. That's very kind to the the fam. Yo, what's good Crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts.net again that's crypto news alerts.net today is pod episode 1902. I'm your host, JV. It's February 11, 2025. Very special day in my household. It's the Nipinator's birthday. The new chairman of the SEC, yours truly as well as my daughter. She turns 11 today. So it's a special 1111 birthday. 11, 1111. You know how we do. But anyways, let's kick it off with our market watch as we do each and every day. You should be able to see on your screen Bitcoin up. It was in the green earlier but now we're correcting down 3% on the day trading just shy of 97,000 ether in the red. BNB is the big gainer today alongside Cardano and Litecoin, XRP and Tron. Also pumping and in the green and checking out coinmarketcap.com the current CRYP cap is currently 3.2 trillion. Bitcoin market cap 1.9 trillion. We have roughly, as far as volume is concerned, 95 billion worth of volume for the past 24 hours. And let's scope out that bitcoin dominance and the ether dominance. Ether dominance all the way down to 10% today. Ouch. Bitcoin dominance maintaining above 60% at 60.2% according to coin market cap. And checking out top 100 crypto gainers past 24 hours we have Helium leading the pack alongside Cardano. Really not much else in the green for that's the weekly though. But on the also for the daily, I mean just a handful of big gainers and the rest of them a lot of the market's correcting it in the red and checking out the crypto bubbles actually on the day we actually have a good majority in the green. So I take that back. I guess on coin market cap there's a lot of gainers. They're just 1 to 2%, very modest gains, but nonetheless mostly in the green. But zooming out on the monthly, that's where we can get a better perspective and see the reality that many of these alts have been not doing so well. Some down 30, 40, 50% in the past month. And checking out the crypto greed inferior index today we're 47 neutral. That's an 114 plus 7. I'll take it. Yesterday a 43, last week at 72 and last month a 62 in greed. And checking out the time chain calendar today we're on block number 883 37. We have 166,693 blocks into the next having and you currently exchange one fiat monopoly dollar for 132 sats. So pick up some sats, put down the gats and pick up some bitcoin caps from my boy Sergio over bitcoin caps net. Get yourself a custom buell camo just like this. Let's dive into today's technical analysis, AKA Astrology for the Brosis. Headline reads Bitcoin's Booming Permanent Hodler demand positions the bitty for 116 price action Jackson, just send it Bitcoin has dropped over 10% since establishing its record high of 193, which was achieved Inauguration Day January 20th in the morning before the President got sworn in. This peak coincided with Trump taking office, marking 60% gains since his election victory in November. Hell of gains. You got to dig it. Onchain data suggests Bitcoin's next leg higher could be imminent, despite Bitcoin being stuck below 100 GS at the current moment. Crypto Quant says Bitcoin's permanent HODLer demand, a metric tracking accumulation from the long term investors, has skyrocketed in the recent months. The trend aligns with a Bitcoin price increase from around 675 in November of 2024 to the record highs in early of 2025. Accumulator addresses primarily belonging to investors who rarely sell diamond hands where you at? Have significantly increased their bitty holdings. That's right, the whales are accumulating like a mofo. Historically, past spikes and permanent Hodler demand have often been followed by an almost equal degree of decline, indicating many of those so called strong hands ultimately become sellers within a month of accumulating Bitcoin. This pattern has been particularly noticeable in prior bull runs where aggressive buying eventually gives way to distribution. However, what makes the current uptrend unique is that the accumulator addressed demand both on the daily basis and the 30 day moving average.
- [11:39]
JV
This episode is brought to you by Global X. Since 2008, Global X ETFs has been committed to empowering investors with unexplored intelligence solutions. Global X specializes in exchange traded funds that offer exposure to the artificial intelligence ecosystem, including themes like data centers, robotics, semiconductors and cloud computing. To learn more about Global X's entire suite of ETFs from covered calls, fixed income, emerging markets and more, Visit Global.
- [12:05]
Serge
X. ETFs.com has not reverted to pre Trump levels even after the recent decline from peak accumulation levels. Also, let's discuss the technicals of 116, 000, then we'll pull up some of the live charts. Bitcoin's been forming a symmetrical triangle pattern. A technical setup that often precedes a sharp breakout in either direction. And according to the titan of crypto the biddy price can break the triangle upper trend line to reach 116 GS eventually. So the million dollar question becomes when will we hit that target? I think we can likely hit 130 here in the first quarter. I think before the end of March. But let me know your thoughts. Bitty Brosis and quoting another analyst here. For the first time in its 15 year history Bitcoin has three consecutive daily candles where the body made up less than.05% of the total candle rate which is an extreme doy. This signals Max indecision and a large move is impending. Let me know if you feel we'll likely get another one like we witnessed November of 2022 which preceded a 620% recovery rally. And now for some breaking news. New record global bitcoin mining hash rate. You know when the hash hits a new all time high bitcoin price follows the hash. So that means all time highs in play. Just a matter of time. Also Congress today, I don't know the exact time but today they announced holding a hearing called the golden age of digital assets. What do you think they're going to be discussing? And also breaking News publicly traded KR buys an additional 10 million worth of the bitty and now holds 6110 BTC reporting 167% Bitcoin yield. And now let's pull up some of the live charts for the fam here. Just give me a second to pull it up again. Welcome everyone. Just joining us this fine morning. Over 400 people already on the live. I know it's an early stream so thank you for joining us this fine day. But let's pull up some of the live chart action Jackson for the Broskis. As you can see here on your screen we're looking at trading view via the Coinbase exchange. The largest exchange here in the states. We do have a target sitting at 104 in play. I repeat 104 in play on the one hour. And zooming out to the four hour let's see if we still got the 130000 orange itty. I shouldn't say itty. Bitty. I should say bitty target sitting at 130. And we do respect the pump. And zooming out from the four hour. We'll check out the one day and on the daily chart as you can see, see where we at here we do have some targets but they're to the downside, including 68 6, which is ultimately what Arthur Hayes has been calling for a 70, 000 correction, but I'm more optimistic. I think the bottom is in personally, but you let me know your two satoshis broskis and zooming out on the weekly you can see the past couple of weeks have been bearish unfortunately, but we did have a hell of a run up like six seven green consecutive weekly candle closes off the back of the Trump news, but we've been trading sideways since but we still have the sexy cup and handle target in place, sitting pretty at 1.4G's baby and zooming out on the monthly as you can see here, thus far February has been a little disappointed, but still a very bullish month overall. So I think we're about to soar. Only a matter of time, but you let me know your thoughts. Next story. Here's the latest With India and Russia cutting the dollar use 90 of direct transactions in national currencies on the global scale, you can see Putin along with the, I guess the Indian Prime Minister. I'm not going to pretend I know the man's name, but here's the latest. Countries worldwide are increasingly shifting away from the reliance on the US Dollar trade, a sign of the times, AKA what Max predicted decades ago, the death of the dollar, a process known as de dollarization. As Bitcoin continues with hyper bitcoinization, Russia and India have strengthened their financial cooperation with nearly 90 of the direct transactions now conducted in their respective national currencies. The Russian ambassador to India, Dennis, stated in an interview, mutual payments and national currencies are stable and as of today, national currencies account for around 90% of direct payments between Russia and India. He also noted discussions of ongoing mutual recognition of Russia's MER and India's Rupay payment systems, a step that can further enhance financial integration between the two countries. Trade between Russia and India has continued to expand, with Indian statistics showing 8.6% increase in the first 11 months of 2024. Quoting them here, according to Indian statistics, bilateral trade added 8.6% in 11 million in 2024. I guess 11m I'm assuming means million. I have no idea. And amount in for $64 billion. Damn. He further detailed the contributions from each country Russia exports reaching 60 billion, up 7.7%. Supplies of Indian goods rose 4.5 billion, up 23. Russia is one of India's four biggest trade partners, while in terms of the volume of products supplied in the Second largest after China. These figures highlight Russia's growing importance as a key trading partner for India. The increasing use of national currencies and trade between Russia and India reflects a broader global shift towards reducing dependence upon the dollar amid evolving geopolitical economic conditions. As both countries work to integrate their financial systems. The potential recognition of the mer and root payment networks simplify the trade settlements and further strengthen economic ties between Moscow and New Delhi, where Russia securing its position as India's second largest supplier after China. These developments signal deeper financial and trade cooperation between the two nation. And we also know the brics movement is ultimately the de dollarization of the dollar as countries are looking to move away from it. I mean look at the inflation. It's no joke. The dollar is doomed. It's seen its best days clearly and that's why we're all bitcoiners, aren't we? Let's move on to our next story of the day. Let's discuss the latest with Meta Planet. Their share price rose 48 hundo percent as the company continues to stack thy bitty. Shares of the Meta Planet have skyrocketed over the past years. The company has consistently added the bitty to the treasury emulating the moves of Mikey Sailors. Michael. I almost called it Michael Strategy, which I've been saying. But anyways they just rebranded to Strategy B from Micro Strategy and according to the Bloomberg data, the company stock risen 4800% in the past 12 months as of February 10, nearly a year after it announced its bitcoin treasury strategy in April of 2024. I mean look at the Meta plan, its stock. It just goes to show you publicly traded companies, if they just adopt bitcoin, they're going to get the support of the bitcoin community. And these cyber hornets are strong. We're talking hundreds of millions strong. And if you want the support of bitcoiners around the world, just put some video on the balance sheet, adopt it for the treasury and your company may blow up like Meta Planet stock or Micro Strategy or Tesla or any of the others. According to Meta planet, it acquired 1762 of the bitty, worth approximately 171 million. As of January 28, it plans to acquire approximately to 21,000 of the B. That's a blackjack by the end of 2026, which means it would own 1 1000th of all the bitcoin that will ever exist. Very, very optimistic goal. Aided by its bitcoin purchases, Meta Planet recently had its first operating profit in seven years. All thanks to the Bitty. The company is following in the footsteps of Strategy B, which has been adding the Bitty to the balance sheet since August of 2020, the first public trade company to do so. Since then, Saylor's company has sword from a share price price of 13 bucks. The $332 let that sink in. Other companies such as Semler Scientific also adopted the strategy, sometimes sparking enthusiasm and a rise in share prices and sometimes not. And according to a presentation of the bitcoin plans, the number of the Meta Planet shareholders grew 500 in 2024, with 50, 000 people or entities investing in the company. Its market cap also grew more than 6,300% during the same period, according to data from stock analysis. Observers have increasingly seen Bitcoin as a strong alternative to holding cash on the balance sheet and as a hedge against inflation. At least 16 states in fact updated the other day. There's now like 28 states who have introduced legislation to start a bitcoin reserve or a bitcoin bill of some sort. Including U S and Czechoslovakia are exploring the bitcoin reserve as well. Do you think the US will will likely get this done this year? Is the million dollar question. Let me know. According to Coin gecko, at least 32 publicly trade companies hold the biddy on their balance sheet. Some are native crypto companies such as miners, while others are more traditional companies. Bitcoin has risen like Lazarus from the dead just playing approximately 133% in the past 52 weeks partially under the power of these tailwinds. And Bitcoin currently has above a 60 market dominance. And as I mentioned earlier in the market wise watch while Ethereum is all the way down to 10%. But let's move on to our next story of the day. Discuss the solar miner which got a 300000 Bitcoin reward. That's a win. A solo miner hit the jackpot mining block for 3.125 bitcoin which is now over 300 GS. I guess it'd be 301. Yeah, I mean 300, 100, whatever. 300,000 plus block 883000 mined on February 10th by the miner listed as unknown. I dig 3071 transactions and a total reward of 3.15 BTC according to bit Explorer Meme Pool space Bitcoin miner Marshall Long said and shout out Marshall Long. He was actually the sponsor one of the sponsors at the Max and Stacy Invitational. He's an OG miner. Him and his crew are awesome Shout out bling ting and the fam over there mining doing big things but anyways. He said that the miner was using an implementation of CK Pool pool, but said they didn't seem to be from CK pool directly. He speculated the lucky miner might have used Bit Ax. A Bit Ax is a mining device that can be used for solo mining or mining pools where the miners combine their computational power to increase the chances of solving the block. The bitcoin hash rate is currently at 788 million, down 0.81% from 795 million on February 9, but up over 53 from a year ago. Now a higher hash rate requires the miners to use more of the computational power, increasing energy cost and increasing verification and transaction times, making it challenging for the solo miners to validate a block successfully. Solo miners rarely solve the blocks. Large mining firms such as Bit Digital, Riot Blockchain and Marathon Digital generally validate the most blocks as they each command massive amounts of hash power. Satoshi's white paper says there's a hard limit of only 21 million Bitcoin available. According to the Blockchain Council, more than 14 million have been awarded to miners in block rewards yet to date. It comes as the markets continue to recover after the temporary dip after Trump announced tariffs on aluminum and steel and the latest salvo of an escalating US trade war. Bitcoin crossed back above 90 ags here this morning and still has yet to reach the previous all time high achieved on January 20, which is currently sitting at 1093, which is currently price discovery. And if you don't know now you know. Headline Here reads Tesla Q4 Bitcoin profit highlights Bitcoin Collateral Opportunity let's go. Electric vehicle maker Tesla reported a 600 million gain from the biddy, holding it for the fourth quarter of 2024 thanks to part of a new accounting rules that allow companies to record the market value of their digital assets. Crypto executives say the new accounting rules unlock new opportunities for companies seeking to access working capital using digital assets as collateral. Tesla's foray into digital assets all began January of 2021, when it acquired one and a worth of bitcoin, sparking both praise and criticism from the investment community. Anyone criticizing bitcoin is a just saying. Although the company has since sold off more than 70% of its Bitcoin portfolio, it still holds 11,500 Bitcoin at a current value of 1.1 billion. Another 11. I'm digging it. Tesla CEO Elon initially claimed that he sold the bitcoin to demonstrate the asset's liquidity and bolster the company's balance sheet during periods of UN uncertainty. However, in doing so, Tesla missed out on billions of dollars of capital gains. That was a foolish move, Elon, to sell any of your Bitcoin. But you live, you learn, right? With Bitcoin trading north of 97,000, the company's initial purchase of 39,000 would be valid at roughly 3.8 billion today. But instead they only got 1.1 billion. But hey, a billion billion. Tesla's Bitcoin purchase came three years before the new accounting rules made it easier for corporations to hold crypto on the balance sheet sheet. In December of 2023, the U S Financial Accounting Standards Board finalized rules that would allow corporations to reflect crypto assets fair value or estimated market value on their books versus liabilities. And previously, the value of the crypto assets held on corporate balance sheets would fall if their price declining during an accounting period and recover the value would not be increased until the assets were liquidated. The new FASB rules for the crypto assets came into effect officially December of 2020. 24 the new accounting rules will greatly benefit corporate Bitcoin Treasuries starting this year. Quoting them here before 2025, US FASB rules require companies to carry Bitcoin at its lowest historical price, obscuring unrealized gains. Under the new guidelines, digital assets can be marked to market, accurately reflecting fair value and dispelling the notion that Bitcoin is a dead asset on the books. And you can see. Here's the infamous tweet From Sailor on December 13th of 2023, FASB has officially adopted fair value accounting for Bitcoin for fiscal years beginning after December 15, 2024. This upgrade to accounting standards will facilitate the adoption of Bitcoin as a Treasury reserve asset by corporations worldwide. And quoting John Glover, Chief Investment Officer of London Essentially, fair accounting rules enable Bitcoin to be treated as an asset in a manner that reflects its market value at any given time. The transparency and predictability of this make it far easier for corporations to hold Bitcoin coin on the balance sheet. So yeah, using Bitcoin as collateral. The new FA SASB rules make it easier for companies to hold and report Bitcoin and use it as collateral. Rather than selling Bitcoin and triggering taxable events, companies can borrow against their bitty holdings to access working capital while maintaining the Bitcoin position. Bitcoin banks and Bitcoin back loans coming to a bank near you. Quoting them here. This allows companies to maintain their exposure to the bitcoin appreciation while accepting success and immediate liquidity to invest in stocks, bonds or other financial instruments to generate returns on reserves. He also says Bitcoin holdings typically generate yields in the 3 to 4% range, with some corporate treasuries actively lending to crypto firms to meet rising borrowing demand, the U s bought Bitcoin ETFs have amassed nearly 116 billion of total assets, according to Coin Glass. Ark Invest called the Bitcoin fund the most successful ETF launch in history. Unprecedented. You know gains. Never seen an ETF accumulate so much volume so fast. What Bitcoin has achieved with the ETFs in one year it took gold. 20 years. Two freaking decades. That means Bitcoin's growing at a 20 to 1 ratio versus gold. Now for our feature story of the day Breaking News North Carolina House Speaker Files a Bill for the State to Invest invest in Bitcoin ETPs which are exchange traded products. Here's the latest development with the Bitcoin adoption in North Carolina, which has become the latest U S state to propose legislation permitting the state Treasurer to invest public funds at the qualified digital assets. The North Carolina Digital assets Investment Act HB 92, introduced by the North Carolina speaker of the House Destin hall yesterday, February 10, would diversify the state's investment investments by allowing the Treasurer to include digital assets in the portfolio. However, one of the requirements is that the digital assets must be an exchange traded product such as an etf. Now additionally, they must have an average market cap of at least 750 billion over the previous 12 months, meaning at the moment only Bitcoin ETF products are eligible. Go Bitty. There's also a limit of 10% of any state fund's balance at the time of investment. Quoting the North Carolina leader in technological innovation and adoption. Investing in digital assets like Bitcoin not only has the potential to generate positive yields for our state investments fund, but also positions North Carolina as a leader in technological adoption and innovation. Also in an exposed President Trump's vision for the national Bitcoin stockpile, ensuring North Carolina leads at the state level, so there's an alignment there. Legislators and bill sponsors said there were several reasons to invest in crypto assets, such as the dollar inflation devaluation, potential returns from state funds, which include teachers and state employee pensions, insurance funds and veteran funds. Quoting the co sponsor of the bill, Blockchain technology, decentralized finance and other innovations in the crypto space will shape our future in many new ways. North Carolina is poised to capitalize on these emerging opportunities, the number of the US State's proposing crypto investment legislation is increasing, increasing almost daily. There are now 19 states with a bill proposed, while Arizona and Utah advance the legislation beyond the House committee level. North Dakota, meanwhile, has rejected legislation regarding crypto investments, and I've even heard upwards of 28 states have now proposed some form of bitcoin adoption. And only a matter of time before all 50 states in my opinion. Who do you think will be the last mover advantage might be New York for all we know. Who knows, serge? But anyways, February 7th Montana law makers introduced an act, HB 429 for creating a state special revenue account for investing in digital assets as well as the precious metals. And if you don't know now you know Crypto Bros. And there's the latest. Let me know which state you think will have the first adoption. There's a lot of speculation on who will be first. I want to know your thoughts. Will it be Florida? Will it be. Was it Wyoming? Will it be North Carolina? Let me know and I'll read the comments out loud. And do you think, think Trump will realistically get the bill signed for the strategic Bitcoin reserve this year? In 2025? We'll even have the opportunity to sign it this year. Meaning will it get passed by the Senate and whatever other committees it must get passed by before it gets on the desk of the potus? Or do you think he'll gaslight the situation and allow all the states to adopt the bitcoin first and then maybe potentially next year or later in his term, he later does the national, you know, strategic reserve? Or do you think we'll never get it? Be honest. Let me know and I'll read your comments out loud. And again. Welcome everyone to the live stream. There's a very special early episode and also a birthday special. Obviously it's the new chairman of the SEC's birthday, the one only nip nator. Show him some love. And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q A. And I look forward to seeing you on tomorrow's episode. Haro.