In this week's episode, Mark and I start off with Ray Dalio's comments about Bitcoin, Gold and Ethereum. Spoiler alert - minds are being changed! Next we get into the increasing politicization of crypto, and the battle lines being drawn between the Dems and the GOP. Next we get into breadth in the Nasdaq as a potential sign of worry (thanks Bear O'Shea for the flag!), record stock buybacks amidst insider selling, and finally the growing percentage of net income explained by the stock market. We end this week's episode on a philosophical question - is ALL growth just a result of money illusion? For the answer to that, you'll have to listen in. -- Ledger: This episode is brought to you by Ledger, your secure gateway to buy, exchange and grow your crypto. Combine a Ledger hardware wallet with the Ledger Live app to access all your favorite crypto services & DApps from one place. All that with the best security. Visit https://onthemargin.link/ledger and make your crypto journey easier and safer. -- OurCrowd: Join the fastest growing venture capital investment community, at https://www.ourcrowd.com/otm --- If you like this episode be sure to subscribe to our newsletter at https://blockworks.co/newsletter On The Margin is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like On the Margin, visit http://blockworks.co/podcasts.