hat I like better than the other. I think they're all kind of the same. I think they're all kind of poorly run. I think they're all kind of poorly capitalized. I think they're all kind of poorly managed. And I think they're all kind of

ve a favorite. I don't have a least favorite. I just – I don't like them.

t a standout. I mean, there's some that are smaller and some that are bigger. I think that there's some that are more efficient and some that are less efficient. And I think that there's some that are more honest and some that are less honest.

But I don't think any of them are standout performers. I think they're all kind of in the same boat, which is they haven't managed their costs well, they haven't managed their balance sheets well, and they haven't rewarded their shareholders well, which is really unfortunate.

RS: Anything on the political front that you're watching or thinking about?

RW: Yeah, I mean, I'm not a political guy, but I do think it's interesting. I mean, we had Trump come out and say he likes Bitcoin. And I think that's interesting because he's kind of like a populist. And I think that crypto is a populist movement. I think that people are kind of tired of the banks and the government and they're looking for an alternative.

And I think that crypto is that alternative. And I think that Trump kind of senses that. And I think that he's trying to kind of like, get on board with that movement. And I think that's interesting.

I also think it's interesting that we had RFK come out and say he doesn't like Bitcoin. And I think that's interesting because he's kind of like a progressive. And I think that progressives are generally more open to new technologies. And I think that crypto is a new technology.

So I think that's interesting that he doesn't like Bitcoin. And I think that maybe he doesn't understand it. And I think that that's a possibility.

I also think it's interesting that we had Harris come out and say she likes crypto. And I think that's interesting because she's kind of like a moderate. And I think that moderates are generally more open to new ideas. And I think that crypto is a new idea.

So I think that's interesting that she likes crypto. And I think that maybe she does understand it. And I think that that's a possibility.

But overall, I think it's interesting that we're seeing politicians from all sides of the spectrum talking about crypto. And I think that that's a sign of the times. I think that crypto is becoming more mainstream. And I think that that's a good thing.

RS: I want to ask you about ether. I know you're not a huge ether fan. Talk to us about that.

RW: Yeah, I mean, I'm not a huge ether fan. And I think that there's a couple of reasons for that.

One, I think that Bitcoin is a superior technology. And I think that it's going to be the dominant crypto in the long run.

Two, I think that ether is overpriced. And I think that it's in a bubble.

Three, I think that the ether community is toxic. And I think that they're driving people away from crypto.

But having said all of that, I do think that ether is a good short-term trade. And I think that there's a lot of money to be made in ether.

So I do trade ether. And I think that it can be a good way to make some quick profits.

But I don't think that ether is a good long-term investment. And I think that people should be careful about buying ether at these prices.

I think that if you're looking for a good long-term crypto investment, I would recommend Bitcoin over ether.

RS: Anything on the ether price action that you're watching?

RW: Yeah, I mean, I'm not excited about it. And I think that it's setting up for a top.

But having said that, I do think that there's a possibility that it could go higher. And I think that there's a lot of people that are still buying ether.

So I think that it's possible that we could see a blow-off top in ether. And I think that if that happens, it could be a very profitable trade.

But I also think that it's important to be careful and to manage your risk. And I think that if you're trading ether, you should be prepared to lose money.

I think that the ether price action is setting up for a top. And I think that if you're looking for a good entry point, I would recommend waiting for a pullback.

But again, I'm not a huge ether fan. And I think that there's better crypto out there.

RS: I want to ask you about bitcoin ETFs. What do you make of them and how