AN EXPLOSION IN INNOVATION

I think we are in the midst of an explosion in innovation and I believe five major innovation platforms are evolving right now at the same time and we never have had this before. You have to go back to the early 1900s, telephone, electricity, and automobile. Today we have genomic sequencing, robotics, energy storage, artificial intelligence, and blockchain technology. I believe they are going to converge, so we don't have individual technologies doing one S-curve at a time. Right now, we have got an S-curve feed curve. That particular platform accounts for basically zero revenue today, by the year 2030 I think it will account for trillions of dollars in revenue-generating opportunities.

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It is better to get off the right side of change because this platform involves 14 different technologies. They are all creating exponential growth trajectories. They are going to be transformative but they are going to be very disruptive to the traditional world order. Innovative is a great lever, the most seasoned expert in any particular are all new to these innovation platforms. It really gives young people a wonderful opportunity to get on the right side change and move up very quickly.

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I must talk about the fear and greed index because a lot of people follow it. The fear and greed index now seat at 50. Something that I thought is potentially worthwhile to follow is to color code the Bitcoin price the fear and greed index. One of the things you will notice is that it can actually state in fear and greed like in the 90s for a long time during the run-up and it can also state in fear for a long time during the bear market. The fear and greed index on 30-day SMA as being slowly moving up for a while and most recently it actually did get to that 50 level for us to take out some of the recent highs that the fear and greed when too. Back in March 2023, it went to 60, and right now, it's about 50.