1. Human greed is undefeated. It will never go away. The smartest guys in the room who tweet the most, appear on CNBC consistently, and build a cult-like following are the people you should fear. This cycle’s winners are Sam Bankmen-“Fried” (FTX), Su Zhu (3AC), Alex Mashinsky (Celsius), Anthony Pompliano (BlockFi & Sponsors), and the yield-bearing platforms like Voyager, Crypto.com, et al.

2. “Crypto traders” on social media are content creators. It’s their job to entertain you, not offer sound investment advice. Their market insights, reactions, and “not financial advice” advice are no different than NFL pundits spewing fantasy football nonsense about a game they never played. Next bull run, listen to fewer crypto podcasts and spend less time on CT. Create your own investment philosophy and stick to that.

3. Speaking of investment philosophy… take profits. All the time. Find reasons to sell, or the market will lose money for you. Maybe you need to buy a home or save money for a wedding (YOU, IDIOT); just be content with side pocketing money for the future. You don’t need to be all in all the time. A good rule of thumb is to sell after making a 2x or 3x profit (in crypto). If it goes up another 4x or 5x, great! Sell some more.

4. The most improbable outcome will likely happen. Consensus opinions are dangerous. Be fearful when everyone agrees on a similar outcome. Be greedy when the herd isn’t paying attention.

5. Hold your crypto in self-custody wallets and use the exchanges exclusively for trading. Kraken, Coinbase, and Gemini are fully regulated and show proof of reserves. Stick with those, but start experimenting with DeFi - that’s the future.

6. Avoid platforms with yield-bearing products offering higher returns than U.S. Treasuries. They’re using leverage and positioned with an “up only” strategy. Worse, they abscond all responsibility by giving out loans to risky hedge funds in exchange for juicy “safe” returns. This is how 3AC fucked everyone. Despite achieving riches King Tut would envy, they positioned themselves for a future that never materialized. Not worth it.

7. Avoid platforms that minted their own token (FTT, BNB, VGA), especially if they use it as collateral. Still can’t believe FTX did that. Just wow.

8. Never take out loans using crypto as collateral, not even Bitcoin.

9. Always hold 10-20% of your portfolio in stablecoins for buying opportunities.

10. Don’t push crypto onto your friends and family. They don’t understand the risks or do the research you put in. The only reason you avoided catastrophe was by staying nimble. Moving your coins from one exchange to another after seeing an ominous tweet at 3 am is a dangerous place to be. Keep your investment choices to yourself and offer help if someone asks.

11. Idolize Shackleton, not Columbus. Taking chances and exploring new frontiers is sexy, but returning home is what matters. Make sure you and your family survive so you can live to make money another day.

12. Stay curious! As I said, crypto, blockchain, web3, Web5, or whatever innovation comes next still has the potential to reshape the world. Keep investing and learning until true decentralization is realized. Until we can remove the human element from the equation, boom and bust cycles will keep happening. And that, you can bet on.

Stay #SAFU out there.

Follow the gamers.

They see the future. They drive adoption. And it will be no different when blockchain gaming takes crypto mainstream.

But for blockchain gaming to thrive, game studios need better tools to build fun games.

Built by gamers for game developers, the Ajuna Network gives game studios the power and flexibility to deploy decentralized games without compromising gameplay.

Allow our mischievous Mogwais to be your guide…

Games built with Unity or Unreal Engine can be connected within minutes.

Want to include advanced blockchain features? Ajuna created a toolbox of modular gaming components, allowing developers to remain focused on creativity and user experience.

Need fundraising to jumpstart your game? Launch with your own game token and treasury to ensure full token sovereignty and a thriving in-game economy.

Most important, involve your community from Day 1 using customizable governance features that give players ownership in the games they love.

Sound alright to you, little Mogwais? (Nods head with a menacing grin)

No more boring games with pixelated characters; it’s time for blockchain gaming to blast off.

And it starts by providing developers with the tools and infrastructure to build legendary games.

Build with Ajuna on Polkadot’s future-proof substrate technology and shared security model.

Launch quickly and efficiently by leveraging Ajuna’s growing community of gamers.

Together, we can unleash the next level of gaming.

The Ajuna Network - Gaming Unleashed

Jay-Z gets paid every time someone streams his music, so why can’t a developer get paid every time someone uses their code? 

We see a world where anyone who contributes code to the functionality of DeFi automatically gets rewarded.

It sounds crazy, but the album is about to drop.

They’re called Blueprints on the world’s first open-source DeFi marketplace, where developers can earn royalties from the code they build and share.

Here’s how it works…

Developers publish code to a catalog of common components right on the Radix Network. These Blueprints can be entire dApps or useful bits of functionality that can be leveraged by other developers to build their own dApps better and faster. 

If desired, developers can set a royalty fee every time the Blueprint gets used in a real transaction.

Whether launching a new DeFi startup or contributing useful code to the network, the developer experience will never be the same. 

Post-Malone and Billie Eilish wrote big money hits from their bedrooms with only a keyboard and internet connection. It’s time for DeFi developers to have the same opportunity.

All it takes is one hit - one Blueprint - to accelerate the trajectory of DeFi and reward developers in perpetuity.

In the words of Jay-Z, “I’m not a businessman, I’m a business, man.”

And so are developers. It’s time they start earning like one too.

Radix - Radically Different DeFi

We used to call it the information superhighway. 

It was easier than calling it the IN-TER-NET.

Life was simpler back then…

The World Wide Web was the final frontier and we were explorers on a mission to boldly go where no one had gone before.

There were no borders, no rulers, and no censorship. 

Just people surfing, building homepages, and meeting fellow nerds online.

Going online meant choosing between that important phone call and this (Click).

Email addresses were hella cool like Teenstud2000@hotmail.com.

A simple chat could turn into a lifelong friendship from across the world.

And people joined newsgroups around topics they actually cared about, like dairy farming and Sailor Moon fandom.

To outsiders, we were nerds, but online, we were rebels, inhabitants of a new civilization: Cyberspace.

The best part was no one could tell you what to do or how to think. 

Then, everything changed. 

Companies came in for profits and sold our attention.

And by giving away our data, we gave away our freedoms.

But that’s not how the story ends.

We can rebuild the web the right way.

And put an end to spam bots once and for all!

Never forget, before this guy won Time Magazine’s Person of the Year, YOU did.

The future is yours.

Welcome home. 

** **

Remember your favorite video game growing up? You’d stay up all night playing with your friends red-eyed until someone finally won. Then one day, the game stopped, and all your skins, weapons, and avatars disappeared.

Blockchain games change this, and the Ajuna Network is leading the way.

Powered by Polkadot’s interoperable, multichain network, the Ajuna Network is the fastest way for game developers to build decentralized games with blockchain-based assets. 

Players will truly own their in-game assets and have a voice in the future of the games they love. Their skins, weapons, and avatars will never disappear; they’ll flow freely between games and have real utility in the metaverse and beyond.

The possibilities are limitless.

But building blockchain games is hard. That’s why Ajuna built a powerful game engine making it easy for developers to create high-quality games with Unity and Unreal Engine.

By providing an easy-to-use toolbox for blockchain game development, developers can focus on world-building, storytelling, and mesmerizing gameplay. Because those are the things that really matter.

It’s time to build blockchain games that are actually fun.

Start your quest for intergalactic supremacy on New Omega.

Battle for alpha status against a tribe of mischievous Mogwais.

Or co-create a new gaming experience alongside a rabid NFT community.

On Ajuna’s open-decentralized network, all you have to do is press start to play.

* *

There's an arms race underway; you just haven't noticed.

Competition for land, power, and prestige is heating up in the metaverse, no different from real life.

In this new digital frontier, the best firearms from the military, hunting, and competition shooting will be at your fingertips - to collect, play, and invest. 

But most of all, to win.

Introducing Digital Arms - the only NFT marketplace where you can buy, sell and customize licensed firearms from the world's leading brands.

Firearms supplied by the Digital Armory will represent true asset ownership so firearms can move from game to game and owners can earn passive income through lending and staking.

Unlike most NFT collections, Digital Arms will offer real in-game utility, including exclusive tournament access and the ability to level up through elite gameplay. 

With hundreds of years of manufacturing experience behind each design, Digital Arms will only supply the most battle-tested, trusted firearms in the industry. **

**The MK47, Vector SMG, and Barrett M82A1 Sniper Rifle. 

There's no compromising on performance in the real world, and there won't be in the next great frontier. 

Claim your first licensed digital firearm using the $HNTR token and become a part of gaming history.

Because in the Wild Wild West of the metaverse, games will come and go, NFT ownership will reign supreme, and Digital Arms will last forever. 

Your Manifest Destiny lies ahead.

Digital Arms - the #1 NFT firearms supplier for the new era of interoperable metaverse gaming.

Arthur uses China and El Salvador, countries with trade surpluses on the extremes, to illustrate the "problem" of having money left over and nowhere to put it. China could gobble up all the world's gold and still have money to spare, but using gold to settle international trade is inefficient and risky, given how the US confiscated Russia's gold reserves without blinking. China clearly can't, and won't, go all-in on gold, which brings us to El Salvador. With unlimited volcanic energy and a landmass the size of Massachusetts, El Salvador opted to use their trade surplus to mine Bitcoin, a much lighter, potable version of gold. After dollarizing their currency over 20 years ago, El Salvador was clearly fed up with the unfair agreement. With everything to gain and little to lose, they orange-pilled themselves in front of the world.

As the world faces inflationary pressures, every country will be looking to the decisions made by China and El Salvador. A grand experiment lies ahead, and neither outcome is good for the US of A.

The essay continues with the butterfly effects of Germany's impending energy crisis with Russia. As the war extends, Germany will feel pressure from NATO to cut off Russian oil imports, which will force the EU to print more money to keep their citizens warm and fed. This, combined with the slow unwinding of US Treasury purchases by central banks, could ultimately result in the Fed instituting Yield-Curve-Control (YCC). The EU and US will struggle to pay off the interest on their debt and fall into a debt spiral, which Arthur eloquently calls "The Doom Loop." As countries and individuals wake up to global inflationary pressures, the best option will be to store their wealth in the most resilient, best-performing asset EVER, Bitcoin. This is how Bitcoin will reach 1 million dollars, and we'll know it when the government institutes YCC. As Arthur states, YCC is the end game.

Finally, Arthur makes a case for why China should put Bitcoin into their reserves, but this doesn't seem realistic, given their decision to ban mining in 2021. Moreover, Bitcoin's inherent properties around decentralization and self-sovereignty run counter to the vice-grip they possess over their economy. What's more likely is that poor-nations below the Southern hemisphere will opt into Bitcoin out of survival. Western countries will follow their lead with crypto-friendly policies, and eventually, a G10 Central Bank will add BTC to their reserves. At this juncture, game theory sets in, and the orange coin will never look back.

Bitcoin doesn't need world adoption to be valuable in the near term. Those that need it the most will find it. And Bitcoin, the world's first decentralized digital currency, will provide a shelter from government-induced hyperinflation and an escape valve from the corruption of fiat currency.

The Wright Brothers may have invented the airplane, but the jet engine reshaped the world, impacting commerce, immigration, leisure travel, and much more.

Today, Decentralized finance (or DeFi) has the potential to disrupt a 400 trillion dollar industry - no banks, no brokers, and no intermediaries extracting value any longer.

But like the early days of flight, today’s DeFi is complicated, unsafe, and insecure. 

Billions have been lost in hacks, and DeFi, as a whole, claims a tiny fraction of the total market.

Why?

DeFi developers are still flying with propellers.

The gap between DeFi’s promise and current capabilities is like asking the Wright Brothers to fly from New York to London on the Kitty Hawk.

Developers spend as much as 80% of their time on dApp security and duplicating boilerplate code to do the simplest tasks.

DeFi needs a jet engine, and Radix built one.

Introducing the Radix Engine and Scrypto programming language.

The Radix Engine makes smart contract logic simple, secure, reusable, and composable. 

Combined with Scrypto’s asset-oriented language, developers can focus on innovation and building feature-rich dApps designed to disrupt the financial industry at scale.

Because for DeFi to reach billions of users, it will need millions of developers.

And to handle trillions of dollars, it will need to prioritize safety and security.

Just like the jet engine enabled commercial aviation, the Radix Engine will power the future of finance.

And DeFi can finally take flight.

Radix - Radically Different DeFi

Crypto was the fastest growing sector of M&A globally in 2021, with over 1,700 acquisitions and 6 billion dollars in volume.

Despite the continued demand, there hasn’t been one central marketplace to safely invest in crypto and web3 companies.

That changes now.

Acquire.Fi is the world’s first M&A marketplace where investors of all sizes can buy and sell crypto, web3, blockchain, and NFT companies through exclusive deal flow and crowdfunded acquisitions. 

Acquire.Fi disrupts the traditional M&A model by introducing fractionalized ownership of assets where acquisitions are distributed using NFTs.

Now, investors of all levels can pool their capital and own companies across the full spectrum of web3 innovation.

Not only that, Acquire.Fi will support investors at all stages of the acquisition process by providing due diligence and valuation services uniquely designed for the web3 industry.

By combining the best parts of blockchain technology like smart contracts and token economies, Acquire.Fi creates an ecosystem with decentralized escrow to lessen the legal burden and streamline the M&A process for both investors and sellers.

Any investor will have access to Acquire.Fi’s wealth-building ecosystem, and in this new era of decentralized M&A, anyone can own a piece of the future.

Join our global community of investors. Grow wealth together.

Acquire.Fi - the world’s first M&A marketplace of Crypto, Blockchain, and Web3 companies and IP

Today’s video games are becoming more than just entertainment.

They are bridging our physical and digital worlds.

But until video games can offer real economic value and in-game property rights, video games will always be "just games."

What if you could trade skins on Fortnite, buy armored cars in Grand Theft Auto with Bitcoin and Ethereum, or get paid to play Mario Kart 64 with your friends?

What if GameFi was actually fun?

Introducing ENGN Games - a revolutionary gaming platform that seamlessly integrates blockchain functionality with the games you love…  past, present, and future.

ENGN's patented protocol enables game developers to integrate blockchain features like Play-2-Earn, NFT markets, and in-game digital currencies with existing games.

Video game developers won’t need to hire expensive blockchain engineers to recode their games. Instead, ENGN acts as the bridge between the two ecosystems.

In the future, players, not developers, will drive the evolution of games

And turn their fantasies into reality

Escape to new worlds 

With players back in the driver’s seat, anything is possible.

ENGN Games - bridging the gap between crypto and conventional gaming

Let’s go to a world made of stone and metal Where mining is the path to glory

In this Dwarven Kingdom, you don’t need expensive mining rigs or access to abundant energy to become a miner.

All you need is a pickaxe 

Welcome to the MINEverse - the first-ever play-to-earn mining game where you can earn Bitcoin, Ethereum, and other proof-of-work tokens derived from real mining power

Explore the mythical island of Hollander 

Because proof-of-working mining should be accessible by anyone Especially dwarfs

How does it work? Gain entry into Hollander by claiming a Master Miner NFT Upgrade your toolkit to increase mining rewards Forge for precious metals  And watch your loot grow over time

A secondary path - become a Cave Operator. Stake your $MNET tokens - the utility token of the MINEverse - and claim your virtual cave deed Compete with other Operators for the best miners And strategize which coins get minted and which do not

The choice is yours

THIS is what it’s all about Earning your mettle Claiming your prize Mining your way to riches in the metaverse

What are you waiting for? Your dwarf awaits you.

GFX: MINEverse - mine.network

The MINEverse — the first ever mining game in the metaverse

There's a saying that when you are born, you don't get to choose your parents.

Unfortunately, the same goes for your birth country and the national currency you're stuck using.

Maybe not in Switzerland or the USA, but that can be a massive problem if you live in Argentina, Venezuela, or Zimbabwe, where hundreds of thousands of families are losing their life savings due to rampant inflation and authoritarian governments seizing the money supply.

Poof – gone in an instant. When your hard-earned money can't hold value, and your bank can't protect you from authoritarian governments, you need to find a better system.

Today, Strike is offering an escape valve.

Using the Bitcoin monetary network, anyone with an internet connection and phone can download the Strike app and start converting their savings into Bitcoin for free.

By plugging into the Bitcoin monetary network, Strike enables you to send and receive instant and secure borderless payments to your family and friends anywhere in the world, with no added fees and no hidden costs.

Your move Western Union!

The best monetary network in human history is here – it's open, permissionless, and will disrupt the world quicker than anyone thinks.

The choice is yours.

Remember, open networks win. The Bitcoin monetary network is here to stay. And you and your family now have a chance to survive.

Strike – A more connected financial world

The promise of the internet has yet to be delivered.

Despite nearly five billion users, a small handful of companies reap the a majority of profits while exercising dangerous control over their users.

Enter The METAVERSE.

Imagine a network of interconnected virtual worlds offering limitless ways to earn a living and the freedom to be whoever you want, whenever you want.

Today, we are seeing glimpses of that future.

Play-to-earn gamers earn a modest salary in third-world countries.

Real estate investors buying virtual land.

And creators building passionate communities around NFT’s and digital art.

The truth is, we are decades away from the Metaverse benefiting everyone.

And this allows us to prioritize ownership, security, and freedom above all.

At Coinbase, we believe the promise of the Metaverse will be connecting billions of people to a new global economy where the place you are born or the way others perceive you doesn’t matter.

It’s about giving control back to the users.

Freedom to choose who you want to become.

Freedom to send your money to the people you love without asking permission.

And the opportunity to take part in the most significant technological advancement in human history.

We’ve helped millions buy their first bitcoin, and now, we’re going to help billions succeed in the Metaverse.

Because the future is not for just one group of people.

It’s for all of us.

Starting with YOU.

Coinbase – The Freedom of Crypto for Everyone, Everywhere

Cryptocurrencies have philosophically changed the way we value money, beginning with ownership. Bitcoin's role as a global payment network and digital store of value outside the global financial system has put pressure on fiat currencies. Moreover, Ethereum's place as the "digital oil" that powers the decentralized global computer acts as the currency of a virtual nation-state. As a result, we no longer measure money solely by its intrinsic value; we look to its utility and composability with the rest of the digital and physical economy.

Money is only helpful if it holds value over time and space. Gold has been a resilient store of value for thousands of years, but you can't move it around efficiently. With the invention of blockchain technology in 2009, the anonymous founder operating under the pseudonym Satoshi Nakamoto created a digital asset that is open, immutable, and doesn't need a central authority, like a bank or government, to function. Instead of trusting the Federal Reserve with monetary policy, Bitcoin is written into code using physics and math instead of goals outlined by Congress and their capricious agendas. Moreover, anyone with a $50 phone and internet connection can open a digital wallet and begin transacting with bitcoin and other digital assets without a bank account. This simple idea of "banking the unbanked" by leveraging blockchain technology provides millions of people an escape valve from rampant hyperinflation and corrupt, authoritarian regimes ill-fit to govern their currency.

Fix the money, fix the world. It sounds like philanthropy, doesn't it?

Accepting incorruptible money is why forward-thinking nonprofits are starting to accept Bitcoin, Ethereum, and significant cryptocurrencies as charitable donations. We are also seeing the rise of a new kind of philanthropist who tends to be younger, mission-driven, and understands the existential threat of climate change. Despite taking part in what looks to be a generational transfer of wealth, they don't fetishize money the way previous generations did. Instead, they want a more inclusive financial system that puts the power back into the hands of the people. They want a new operating system for the next internet - Web 3.0 - to protect people's identities and data. Ultimately, they want to see fewer people suffering at the expense of the bloated upper class.

What does this mean for nonprofits? Simply put, every for-impact organization will accept cryptocurrency donations in the not-so-distant future. Crypto philanthropists would instead donate their crypto holdings to nonprofits receiving digital assets so they don't have to convert to fiat. From a tax perspective, cryptocurrency is treated like property (house, stocks, bonds), which means crypto donations are tax-deductible and eligible for significantly reduced capital gains tax. What's clear is that the future will bring an onslaught of new problems that will require an agile, community-first approach to philanthropy. DAOs will be created to solve problems before asking governments. Digital assets will be sent instantaneously worldwide in response to unexpected disasters, and nonprofit treasuries will start allocating to bitcoin and other digital assets to ensure their long-term stability. As money reinvents itself, so will philanthropy too.

Similar to how individual contributors across social media have become trusted sources in news, politics, science, and sports, the same has occurred for the investor/trader. Gone are the days when your primary sources of advice come from MSNBC's Jim Cramer, The Motley Fool, or the country club. Today, you can glean free alpha directly from tech founders, VC fund managers, OG macro guys, independent analysts, and crypto degens, whose research is fact-checked and whose opinions are battle-tested by the market.

Let's be clear, CT is nothing like TikTok or Instagram, where youthful innocence and self-love go to die. The ability to crystalize one's thoughts into a Tweet around a complicated topic creates a kind of social clout different than a college degree or certification. It's your reputation on the line. By crowdsourcing information from thought leaders whose careers rely on being "right" most of the time, you start connecting dots and seeing crypto trends materialize into reality. Below are the people who help manage my portfolio on a month-to-month basis and who don't charge a dime. I won't include podcasts and newsletters for brevity, which take significantly longer to absorb than a Tweet.

Analysts: Lyn Alden, Ryan Selkis (Messari), and Avichal Garg (Electric Capital) VC Fund Managers: Su Zhu (3AC), Qiao Wang (AllianceDAO), Cathie Wood (Ark Invest), Ross Gerber (GerberKawasaki), CMSHoldings, Ari Paul (BlockTower Capital), Kyle Samani (Multicoin Capital) Bitcoin analysts: Willy Woo, Will Clemente, Dylan LeClair, Arthur Hayes Founders: Jack Dorsey (Block), Sam Bankman-Fried (FTX), CZ (Binance), Do Kwon (Terra), Vitalek Buterin (Ethereum), Anatoly Yakovenko (Solana), Jack Maller (Strike) Degens: TheCryptoDog, Kaleo, Don Alt, Light, Matt_Chain DAOs: Coopahtroopa NFT's and Social Tokens: Punk6529, Jarrod Dicker, Emily Poplawski (Metaplex) Crypto News and Education: Coin Bureau, Lark Davis, Anthony Pompliano

I follow this group because they have skin in the game, and they aren't afraid to share it publicly. Ask your Merryl Lynch wealth manager what's in their portfolio, and I'll bet it's much different than what they are advising. I've noticed that the smartest, wealthiest traders DON'T diversify. They see a good trade and go all-in. This kind of transparency and conviction is what makes CT the closest thing you'll get to working in the industry, which I don't, or being an "insider" at a VC firm. Here's a simplified version of the things I think about before investing in Web 3.0 projects and protocols, all learned from CT:

1. Network effects (daily users, new wallets, developer and ecosystem growth)

2. Timing (Macro environment and market sentiment)

3. Tokenomics

4. Leadership

5. Gut

The last one, gut, is a reminder that it's ultimately up to you. No one on CT will hit the buy/sell button and teach you how to navigate crypto exchanges, digital wallets, and NFT's. Ultimately, the game of investing is about learning how to think for yourself, manage your emotion, and know when to take profits (still working on this). Everyone has their prerogatives, realities, and risk tolerance, so you'll need to find out yours by taking some bets, going through a couple of bear markets, and remaining curious as hell. Watch out for confirmation bias, cult leaders showing off their wealth, and token maxi's bordering religious zealots. Do this correctly, and CT won't be the new wealth manager. You will.

So how do you rebound from a hack like this and come out the other end stronger? First, you take your lumps, learn, and move on. Here's what I've learned:

• We are primates with lizard brains. Optimize for security above all.

• Be wary of suspect customer support sites on Discord that reach out offering technical support. You should be reaching out to them, not the other way around.

• After making a large trade, move your investment to a cold storage wallet or an exchange with better security. MetaMask is, after all, a hot wallet.

• If you rush to move your tokens around or run tired like I was this morning un-caffeinated, stop what you are doing and chill. Mistakes happen when you aren't thinking clearly, and your emotions are running hot. I'm angrier at myself for the error than the actual money, but I still haven't told my wife.

Taking a step back, we can acknowledge that investing in crypto is full of heightened risk and reward, and that's why we love it. A lack of regulatory over-site may put some investors at risk. Still, for the most part, the market self-regulates, and investors learn personal risk tolerance quickly while learning how "un-risky" nascent industries can be when you put the time in. What I lost from a hack, I made up two-fold from staking and earning yield across every one of my digital assets. No, Gary "Goldman" Gensler isn't going to save us from every hacker and scammer, but he will regulate tokens and exchanges to the point of paralyzing innovation, this we know. The truth is, finicky dapps and shrewd hackers go hand-in-hand with VC-like investment opportunities and new financial products. I have to look at myself in the mirror and recognize that I've 10x'd my investments over the last couple of years, educated myself on Web 3.0, macroeconomics, and investor philosophy, and it's still so early. Maybe getting hacked is crypto's rite of passage or the cost of doing business in the wild wild west of the Metaverse. Or maybe, I'm an idiot. What I do know is that losing 35k was what I needed to get me writing again, and I'll take that as W.