Great episode! Thank you. Jeff, what I hear you say is that you’re skeptical about stablecoins. I suspect you’re referring to Tether on taproot-assets as that reinforces the system by increasing demand for US treasuries? What are your thoughts on DLC based stablecoins for Fedimint/Cashu? Aren’t emerging markets going to demand these until we’ve moved the majority of the 900T to a deflationary bitcoin standard where prices can fall in a less volatile way? I know you and I can use bitcoin on Lightning to pay for things now. But I struggle to see the majority of humanity adopt bitcoin as a MoE until USD/EUR inflation is in the double or tripple digits i.e. higher than bitcoin’s volatility.