activist ceo michael wolff is the trend spotter out there. he's going to tell you which companies could do the trick for making crypto mainstream. and while, yes, coinbase did do public yesterday, hundreds of people already owned private shares of the stock, for in some cases years before it went public. same with air air bn, and and virgin galactic before they went public. we're about to introduce you to the countdown closer whose fund helps you crash through those locked boardroom doors before names like robinhood and spacex go public. consumers went clothes and car crazy in march, pushing retail sales to their largest in ten months. top line number, okay, a leap of 9.8% propelled by a very incredible spike of 15.8% in auto sales while apparel sales pulled off a high jump worthy of the olympics, clocking a gain of 18.3%. both far outpacing estimates. some of the biggest movers today, let's look at tapestry. that's seeing a gain at the moment. tapestry up about 2%, lowe's up 1.5%. all of these are in that retail, you know, ecosystem here. yo

who i want to talk to about all of this coinbase stuff, that is michael wolff.erful cross-section of experience and technology. his acclaimed book is on entertainment and technology. we are thrilled that the woman from activate could join us this morning -- that the gentleman from activate could join us this morning. it is set up based on an invented scarcity. bitcoin has a structured scarce asset feature. how does coinbase deal with the fragility of an invented scarcity? how are they going to deal with that strategically forward? michael: the way to think about coinbase is as an exchange. it takes 0.5% on every transaction. so the real comparison is the new york stock exchange, nasdaq, and by the way, coinbase's valuation is about the same as the other two added up. so it is not a question. when we look at coinbase, we should not be worried about the volatility of the underlying cryptocurrency. what we really should be looking at is the number of transactions which are likely to increase. lisa: how much should we be worried about regulation? michael: there's a

michael wolff snyder. she wanted to pay tribute to him. you have got a guest for us. yeah!u are? yeah, i am in a nightclub- where you are? describe where you are? yeah, i am in a nightclub on i are? yeah, lam in a nightclub on sunset— are? yeah, lam in a nightclub on sunset boulevard. the first party opening — sunset boulevard. the first party opening two in a year now. it was a bit weird _ opening two in a year now. it was a bit weird walking in, so walking in with this — bit weird walking in, so walking in with this guy made less weird. you've — with this guy made less weird. you've got an oscar in your hand. that is what you want on a monday morning. tell us what it was like in union station tonight? who did you see? the most famous person? what was the atmosphere like? shifter see? the most famous person? what was the atmosphere like?— was the atmosphere like? after we won, was the atmosphere like? after we won. when — was the atmosphere like? after we won. when we _ was the atmosphere like? after we won, when we were _ was the atmosphere like? after we won, when we wer