"I think that's going to impact yields. So, you're going to see bond yields go higher. All of which is kind of a headwind for risk assets."

"Today, at current prices, that pile of coins is worth somewhere over a hundred billion dollar. It would make Satoshi one of the wealthiest people on the planet. And those coins are sitting in known Bitcoin addresses on the public blockchain, traceable by literally anyone. And in 15 years, not a single one has ever moved. Not one. "

"And 17 years later, the protocol still runs. The supply schedule has held exactly as designed. The cap of 21 million coins remains absolutely intact. Block zero still sits there with the Times headline embedded inside it, immutable on every node on Earth. The 50 coins from that first block still sit there too, permanently frozen. And this hundred billion dollars still sits untouched and addresses everyone can see and no one can move. "