Financial Performance - Company achieved $137 billion (13.7% billion) in profits last year [1] - Company anticipates exceeding last year's profit [1] - Interest rates around 5% contribute approximately $75 billion (7.5% billion) to profits [2] Investment Strategy - Company invests in gold and Bitcoin [2] Market Outlook - Federal Reserve did not cut interest rates [1] - Company expects improved performance this year [2]

I got a call from Congress last night. Sir, there's a problem. I said, what is it.Money is pouring in. We don't know how to account for it. I said, check the tariffs.$88 billion came in from tariffs, no inflation, and it's going to get even more. So, I know what I'm doing. So, we have a a stupid person, frankly, at the Fed.He probably won't cut today. Europe had 10 cuts and we had none. And I guess he's a political guy.I don't know. He's a political guy who's not a smart person. But he's costing the country ...

Welcome to Bankless, where we explore the frontier of stable coins. On today's episode, the Genius Bill just passed in the Senate. David and I have Senator Bill Hagerty. He's one of the co-authors of the bill. He's on the episode today. David, what' you think? Yeah, Bill is uh he's bullish. Uh he he also shared with us a story of his first interaction with crypto and illicit payments and that was his first impression about crypto like way back I think it was in like 2018 2019 when he told that story it was ...

Cryptocurrency Market Perspective - The cryptocurrency industry views ETH (Ethereum) as a store of value, similar to Bitcoin, rather than a tech company [1] - The industry highlights that institutional understanding and regulatory clarity for Bitcoin took 15 years, suggesting a similar timeframe for ETH [1] - The industry believes Bitcoin is becoming a treasury asset, paving the way for ETH to be understood [1] Ethereum's Potential - The industry suggests the understanding gap regarding ETH is rapidly closing [2] - The industry anticipates ETH will soon be considered a portfolio asset alongside Bitcoin [2] - The industry emphasizes that focusing solely on cash flows misses the broader significance of ETH as "digital oil" for the digital economy [3] - The industry considers ETH as a store of value, reserve asset, and fuel, placing its valuation in the same zone as, or even higher than, Bitcoin [3]

ETH is digital oil. Why the digital oil metaphor. What's the market value of oil.I mean, I think people are pretty familiar with gold, something like $20 trillion, something like this. How about oil. What's the market cap of oil.$85 trillion. So, there's some upside. So, we like it cuz it's a bigger number. Is that why we like it. We like it for a lot of reasons.One is it's a bigger number. Oil is a strategic asset. It is a strategic reserve asset.It powers economies. It's stockpiled on a national level. It ...

📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium ------ EigenLayer is back with a major announcement: EigenCloud. Sreeram Kannan and JT Rose unveil the first crypto-native cloud platform—a verifiable, programmable environment for building applications beyond the limits of traditional blockchains. We explore how EigenCloud packages modules like EigenDA, EigenVerify, and EigenCompute into a developer-friendly product that brings cloud-scale computation and crypto-grade trust ...

📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium ------ In this deeply personal episode, Sahil Bloom joins Ryan Sean Adams to explore what it truly means to be wealthy and why so many high achievers get it wrong. After hitting burnout, Ryan stepped away from the grind to reassess his definition of success. What he found was a framework that reframed his entire life: the Five Types of Wealth. Together, they unpack why net worth alone is a poor scoreboard, how to avoid the t ...

It's not going to be long until people say ETH belongs in a portfolio with Bitcoin. But coming back to the tech stock part, it just you're missing the forest for the trees. You're saying that cash flows are just one tiny tiny portion. We should be looking at what digital oil means for the digital economy, what a store of value asset, what a reserve asset, what a fuel actually means. And that belongs in the same conversation, in the same valuation zone as Bitcoin, if not higher. Beglas Nation, we have VC and ...

Anyone who tells you that there can be only one store of value has an agenda. There's gold, there's diamonds, there's real estate, there's US dollars for many decades. And all these things aren't guaranteed stores of value.So, I don't know if I would want to be a special snowflake. Snowflakes are brittle. Along can come something that has a lot of productive utility and yielding power.And if you squint, has been going up for about a decade and is likely to keep going up. While it may be very volatile in bot ...

Bank list Nation, we got John Sharono and Ryan Burkeman's on a debate today. Uh we're debating a handful of topics that all point towards each other. We're going to go through four different questions. We're probably going to touch on all of them if we have time.Is Ethereum special versus alt layer 1's. Is Bitcoin a special snowflake. How should ETH be valued.And is ETH over or undervalued. Ryan, welcome to Banklist. Thanks.Good to be here. And John, also welcome to Banklist. How's it going.I would like a c ...