The Process of Bitcoin Adoption

I think the whole euro dollar phenomenon is also this idea that if other people trade around claims like IOUs at par and I think maybe that's where it's going. From my perspective, the process of Bitcoin adoption is more and more people taking the orange bill and realizing, ah, instead of holding government bonds, I'm better off holding Bitcoin. Eventually, as we get later stage, people will price instantoches and use it all as a day-to-day currency. We run a parallel system with US treasuries, maybe some gold, but also Bitcoin. And as a reserve asset for people and for institutions and for sovereigns. You can't not follow Fidelity