M Arc CEO Kathy Wood revealing why she fomo bought $100,000 worth of bitcoin back when it was at $250 at the point that I'm filming this. that's a pretty nice return, beings it's trading at 34 35k never sold. ever since we went off the gold exchange standard, he said I may not it's a rules-based monetary policy rules-based monetary system and I said oh and he said I may not agree with the rule because he was thinking more in terms of inflation. So you'd want a price rule as opposed to store of value which quanti he says but it's okay, it's a it's a rule and we need to get back to this and I said to him art, how big could this be and he said well, how big is the US monetary base now Bitcoin was $250 at that time so was a roughly a $6 billion Network value or market cap and I said how he said well he said how's the monitors I said it's $4.5 trillion he said there's your answer I said really and I immediately I I put a lot of money especially our analyst Chris Bernis at the time I know Chris you know Chris um so our analyst uh, he was the one really doing the work on the paper and hand selected uh um Yasin uh which has made us very happy but he um your question again I lost that what was your moment where you realized what you've explain.

So I I put I don't think I've ever disclosed this before but I put $100,000 in $250 Yeah, CRA uh is that 400 Bitcoin 400 Bitcoin I don't even know and I wasn't counting at the time. 400 Bitcoin is her personal investment and I love what she said said there cuz it's the concept of monetary policy that's perfectly rules-based not some random group of people who have like a gut feeling this way or that way. I would much rather trust in an algorithm that's public to all of us knowing exactly what it's going to do rather than what we see play out with the US dollar and other really fiat currency where it's a group of people and then they sometimes announce their decisions. We might agree with it.

we might disagree with it. It might be opaque. It might not be opaque. There's too many questions and to me that that's the mathematical beauty of Bitcoin.

It's a perfect algorithm to run monetary policy that's open source to everyone. We can all see it. There's no if ands or butts or confusions or surprises and to me, that is very important when it comes to your store of value. So I mean Kathy Wood here obviously of Ark invest yoloing into it 100K when it was trading at 250 so she now has 400.

I mean honestly, that might be one of her best trades 250 up to 35k. that? that's just crazy. Absolutely crazy. that's wild.