What was crypto doing last week? up 10 percent Down 10 to 20 versus up 10 for crypto. I think this indicates a more dovish fed moving forward How much can pal actually increased rates, which is of course good for risk on assets like crypto? Um Here we go fed now What is fed now and how does that link to the story of what we've been talking about david fed now is like As close as you get to a cbdc without actually making a cbdC It's not it's like a it's not a cBDc in itself is it it's like um A side chain. Yeah for digital bank dollars. Yes.

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