MONEY SENSE WITH ERIK FELL AND RICH ELLISON | JUNE 18TH, 2026

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[00:02:13]>> [music] >> Live [music] from Radio Cayman Studios, this is Money Sense, bringing an informed [music] financial perspective to the Cayman community.

[00:02:33]>> Uh very good morning to our listeners and warm welcome to Money Sense. I'm your co-host Eric Fell alongside co-host Rich Allison, and I'm delighted to be joined here this morning with Danielle Pinyard and Laura Burel.

[00:02:45]I'm the manager of a small cryptocurrency fund here at DMS Governance Cayman, and have been involved in crypto since 2018.

[00:02:51]Rich Allison is a manager with a bank and trust company in Cayman, as well as serving as an independent director.

[00:02:58]Danielle Pinyard is a director at Verdant Management, and is the founder of Women in Blockchain, a BASI steering committee member, and the lead for Shefa in the Cayman Islands. Danielle, can you give us a little bit more background if I missed anything, and let us know what you're currently up to?

[00:03:11]>> Yeah, sure. Um well, >> [clears throat] >> obviously I've been in crypto since 2018, and that's Eric, how I know you.

[00:03:18]>> Yeah, [laughter] yeah. I remember those days.

[00:03:20]>> So, I used to be in fund admin, um helping crypto funds obviously achieve success, and you were one of the first funds I worked on, actually the second one back then.

[00:03:29]>> Okay.

[00:03:29]>> Um very interesting fund, so if anybody wants to look into it, contact Eric, obviously. Um so, I helped three different fund admins set up their crypto offering.

[00:03:39]>> Yeah.

[00:03:39]>> And then after that, I started sitting on the boards of some of those funds, um which was extremely interesting. Um I grew in my portfolio of clients after that, and recently I've moved to Verdant, um where we sit as independent directors, as all of you might know, on funds also providing consulting and advisory services. I've been very lucky to sit on the first tokenized mutual fund ever incorporated in Cayman, which has been also a fantastic learning curve, both administering it as well as sitting as a director after the fact. Um learned a lot of lessons.

[00:04:16]Learned a lot of lessons. Um I've also sat on layer one's DeFi projects, NFT projects, deep burn, um AI >> Okay.

[00:04:25]>> projects as well. So, we'll probably speak about AI a little bit later. Um I'll be >> whole the whole spectrum really of cryptocurrency projects.

[00:04:33]>> [laughter] >> We specialize in tech. Let's just say that. I sit on some traditional, but I'm specializing in tech. Yeah.

[00:04:40]>> Thanks so much, Danielle. Um Laura Berrell is the founder and CEO of Parallel, one of the first regulated virtual asset service providers here in Cayman. She's an independent director at Leeward, uh chair of the vast committee at the Blockchain Association of the Cayman Islands. Laura, please if I miss anything, um please let us know, and also give us a little update on what you're currently working on.

[00:05:00]>> Yeah, thanks. Uh thank you very much for having me. Uh it's a pleasure to be here this morning. Um my background is in law, uh regulation and compliance. I am a lawyer, qualified in three jurisdictions, but I'm not practicing anymore. I'm reformed. Um Uh today I am um the uh founder and CEO of Parallel Limited, one of Cayman's um first VASPs regulated under the the framework. Uh we launched uh 4 and 1/2 years ago. Um and the aim there is to bridge real world and virtual assets. Excuse me.

[00:05:38][clears throat] Um So, I've seen firsthand the opportunities um and the challenges of operating in uh the sector here in Cayman.

[00:05:48]Um also uh serve as an independent director at Leeward >> Yep.

[00:05:51]>> where I work with you know web three projects particularly on the regulated side of the spectrum.

[00:06:00]And how to sort of navigate again the opportunities that exist here. I am also the chair of the VASP steering committee at BACAY.

[00:06:09]>> Yep.

[00:06:10]>> Which is a excellent way to kind of engage with the regulator and policy makers around sort of issues that the industry are facing. So my perspective today really comes from being a founder like you know kind of multi-angle perspective. Founder, director and sort of engagement with >> [clears throat] >> you know regulators and sort of the wider participants in the in the ecosystem.

[00:06:32]>> Thanks Laura. I remember a few years ago seeing in Cayman Compass you assisted in the first real estate transaction that was basically transacted in crypto. So that the purchaser used crypto to you know facilitate that transaction.

[00:06:44]>> They did yeah.

[00:06:46]Yeah, [clears throat] that's right. I mean that feels like a lifetime ago.

[00:06:49]>> Yeah, I know it's such a fast moving space.

[00:06:51]>> so quick so quickly.

[00:06:52]Yeah, that's that's absolutely right. We were really great and really happy to be sort of at the forefront of that. Being able to sort of offer people with crypto wealth a means to be able to actually deploy it into more traditional assets.

[00:07:06]>> Right.

[00:07:06]>> So yeah, that was four years ago now I think but in in crypto that feels like four decades.

[00:07:14]>> [laughter] >> Yeah, which which leads me into the kind of the current you know where we're at with crypto and it's such it's gone from a niche market even five you know seven eight years ago it was quite small you wouldn't you wouldn't have heard many people involved in it on on island and now we're into a 2.3 trillion dollar market cap industry. And Cayman Islands is now home to the largest number of domiciled digital asset funds in the world. So Cayman is is you know it's it's booming here. It's a big big industry.

[00:07:42]Crypto always seems to be looking for ways to novel ways for blockchain to be incorporated into things and sometimes they're useful and sometimes they're not so useful, but we still you know, they give it a try. There's lots of experiments all the time. Um Danielle, for the benefit of our listeners, can you just give a an overview of you know, cryptocurrencies what they're really used for?

[00:08:01]>> Yeah, absolutely. Well, um to explain that, let's dig into what is the blockchain and what is crypto just briefly.

[00:08:09]>> And I'm just going to get [clears throat] a get a give a real life example to make it applicable and understandable to the general public. Um but in the definition really a blockchain is a decentralized distributed ledger.

[00:08:24]>> Right.

[00:08:24]>> And crypto is the unit of trade on that blockchain. So, generally usually when I explain this, I I speak specifically about the Bitcoin blockchain and Bitcoin [clears throat] which is the unit of trade on that blockchain. Okay, so what does that mean?

[00:08:40]>> Right. Right. But thanks you for the background. Yeah.

[00:08:42]>> What does that mean?

[00:08:43]So, basically blockchain works like a big group chat which anybody in the world can join and anybody in the world when they join that blockchain or that group chat, they download the entire chat history when they do that.

[00:09:00]Anybody can see all the chats posted to that, you know, >> But they're synonymous, right? So, you you know, there's an address associated, but you don't know what's Laura or Ella or Eric or Bella or it's it's it's not >> a phone number in this situation. You get to see the phone number, but you don't get to see the name. On the blockchain you [clears throat] get a wallet address, but you don't get to see the name.

[00:09:21]>> Right. Right.

[00:09:21]>> And then anybody can read any transaction that's been on the blockchain. It's transparent before they even joined. Anybody can add a transaction to the blockchain as well as this or the chat. And the chat isn't controlled by one single person. So, not like a WhatsApp chat where there's a admin. Everybody in that chat is a admin.

[00:09:42]>> [laughter] >> All right.

[00:09:43]>> So, everybody has control over that chat.

[00:09:46]So, let's say Eric, you want to send me $100 for speaking on this radio show.

[00:09:52]>> [laughter] >> Radio show, yeah.

[00:09:53]>> So, you decide to publish to that chat, I I owe you $100, right? Now, the entire chat can see you have you want to send me $100, okay?

[00:10:04]>> Um everybody accepts that to their chain, their chat, and it it's now public, all right? Now, after the fact, you can't go and change that message.

[00:10:16]>> Right.

[00:10:16]>> Because if you change that decide to delete that message that you've sent me $100, then everybody else would see that your chat isn't the same as everybody else's chats because they have copies of the chat, and they would deny that change. They would say, "Eric, you're trying to do something shady."

[00:10:35]>> [laughter] >> And they won't allow that change to be made, and that's exactly what makes the blockchain secure because everybody plays over a site, over this blockchain. It's truly distributed and decentralized. It's not controlled by one party.

[00:10:53]Traditionally, the bank tells you if you can, you know, transfer money or not.

[00:10:58]They're the referee. In this case, the entire ecosystem is the referee.

[00:11:04]So, that's one of the main points. It's distributed. Um so, for the accountants out there, it basically is a ledger of transactions flowing from one person to another person. And then, Bitcoin is the unit of trade. So, the IOU that um Eric sent me, that could be a Bitcoin, and that has value, right? And after the Bitcoin blockchain, the Ethereum blockchain came, and they basically revolutionized revolutionized it to extent where you can have tokens that has a value or represents other assets, not necessarily just a cryptocurrency.

[00:11:44]Um a real-world asset token that for instance represents a stake or a ownership in an asset.

[00:11:52]>> I call it the tokenization, the actual representation of another asset through a token.

[00:11:57]>> Correct.

[00:11:58]>> Yeah.

[00:11:58]>> So for funds these days, you your ownership in a fund could also be tokenized. So you can hold token that represents your ownership in that fund.

[00:12:10]So now it basically the understanding is it's not only a transfer of wealth, it's a transfer of data.

[00:12:19]>> Mhm.

[00:12:20]>> So it can be transfer of assets, transfer of currency as you see it, transfer of NFTs which could be uh artwork for instance. So it facilitates the transfer of data.

[00:12:32]>> Thanks so much, Laura. That's really helpful. Or or Danielle, sorry.

[00:12:36]>> [laughter] >> My apologies.

[00:12:37]>> You're paying her $100. I mean I know Maybe I'll have to pay her $200 now for that.

[00:12:45]Laura, is there some some examples you can go through with us right now that you you know you think have found product market fit and are you know they're they're fit for purpose and um you know some some of those examples you've seen and what you're currently seeing that you think is also kind of showing some market fit >> Yeah. Um >> Yeah.

[00:13:04]>> I think uh you know to lead on from Danielle's point, I think you know the market is maturing. I think in the early stages of the industry a large part of it was about accumulation accumulating the wealth. You know it was really focused on actual trading virtual assets.

[00:13:22]I think that's maturing now where people you know have acquired significant wealth.

[00:13:26]>> Yeah.

[00:13:27]>> Um you know, >> [clears throat] >> in in in virtual assets and they're looking for ways to deploy that.

[00:13:32]Um, just the same as any other investor who has traditional wealth. You know, they want to they want to buy real estate. They want to buy they want to invest in funds. They want access to regulated products. There's the maturation in the industry that is effectively forcing, you know, the ecosystem to change. Um, and that that's kind of one of the reasons why we set up parallel.

[00:13:52]Um, you know, that's probably most kind of on the point practical application uh use cases I can give is that we we saw that people had this wealth, but they didn't believe there were means to use it. And so, we set up parallel so that people could actually deploy that wealth into real world traditional assets.

[00:14:12]Um, and I think another um, you know, use cases that are very uh we're seeing more of is is sort of payments and settlements.

[00:14:19]>> Mhm.

[00:14:20]>> You know, funds flow very quickly >> Right.

[00:14:23]>> on the blockchain and um, I have to say >> coins has definitely um, knocked out the park. I feel like that was the real kind of moment that everyone's like, "Oh, I can instantly and uh permissionlessly send money anywhere across the world at any point without anyone asking any questions. I get to control my money."

[00:14:43]Which is quite a unique feeling cuz as you know, sending a bank wire anywhere normally requires days and some KYC all sorts of stuff. And you're just doing a regular transaction. Whereas now you can literally just go and complete a transaction for whatever you want without any questions. And it's verified by Ethereum or Solana or whatever these layer ones are that are completing these transactions.

[00:15:01]>> Absolutely. And I think Daniel explained that really really well. Um, and I think, you know, that is one of the great uh you know, benefits or use cases of crypto is that it can it does transfer so, you know, immediately so quickly.

[00:15:15]>> Right.

[00:15:16]>> And we live in an offshore jurisdiction where sometimes it can take time to to money in.

[00:15:20]>> time.

[00:15:21]>> Yep. Um, you know, and that can be frustrating if you're dealing with international, you know, um, wealthy individuals. Um, and so, I think that's you know, we will definitely see more of the sort of focus on payments and settlements. I think it is They're all obviously you know, um, challenges around that.

[00:15:39]>> Mhm. Mhm.

[00:15:40]>> And Cayman, you know, there's discussions to be had with banks and policy makers.

[00:15:46]>> No, there's there are regulatory side of this.

[00:15:48]>> in certain ways, but it's it's also, you know, arguably its biggest benefit. Um, and I think Daniel's explained that really, really well. So, I think I think for me it's like, you know, we're moving from it being sort of just about trading and and accumulation to more like interoperability. How do we take the uh, financial infrastructure and how do we integrate that into just traditional finance? And I think Cayman's really, really well placed to actually to to lead the way there.

[00:16:16]Um, so, I think, um, yeah, you know, we we we talked about how this industry seems to move very quickly.

[00:16:23]>> Right.

[00:16:23]>> Um, and it will continue to do that, I think. But, I think Cayman is is well placed to actually be able to to sort of really focus on how we can integrate it into our traditional financial services.

[00:16:36]>> that's right. I think I think when crypto first started, it was kind of a a bit of a cipher funk punk kind of thing where it was us versus the system and now they've realized actually the real win is integrating with the system. This is new infrastructure, new rails, and we can do more financial kind of services on top of crypto than we used to not be able to, and that's the benefit, not trying to work against the existing system. So, >> two separate things.

[00:16:58]>> Correct. So, I think it's >> were, but it's now moving into that.

[00:17:01]>> Yeah, so it's this is the new this is a maturation of the industry and it's incredible to watch. Um, with that said, I think we'll just take a quick uh, break here. We'll come back um, Money Sense in a minute.

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[00:18:31]And now, more Money Sense.

[00:18:36]>> Welcome back to Money Sense. Uh joining us for the second half of the show, uh Daniel Pinar and Laura Borel. Uh Eric um is no longer here. He had to jump out.

[00:18:45]He's going to a year three graduation celebration at Cayman Prep. So, that's pretty exciting. But, back in the studio, um I think that's a good segue into young people in the Cayman Islands. I was recently um leading a session for Cayman Finance Educational Program, their Lead Program for high school students.

[00:19:04]Had about 40, you know, young people in the room. And at one point, I asked, you know, "How many know somebody who works in the crypto industry?"

[00:19:11]And it was really interesting. I'd asked other questions and people were raising their hands, so it wasn't shyness.

[00:19:16]No hands went up.

[00:19:17]Um which for me it was, you know, it was a little puzzling because sort of I think in the circles we're all running in, there's a lot of people, um you know, in crypto and I was joking about the recent consensus up in Miami or other conferences you go to. It seems like half the Cayman Islands, you know, service providers are there running around. So it feels like there's a lot of people involved, but how do we bridge that gap in educating and get young people, you know, aware of what the opportunities are because if we think about, you know, this is a new economy, there needs to be this awareness to go when you go to university, what are you going to study, how are you going to do things. So maybe Daniel, you can start on that and share your thoughts.

[00:19:51]>> Yeah, so I I've had a similar experience with Blockchain Association. Um you I I've been involved in Blockchain Association for like 4-5 years now, all right. And we went to the University College of the Cayman Islands to participate in their career day.

[00:20:05]And every time I spoke to a student, none of them knew what the blockchain was, right? None of them had any interest.

[00:20:12]They wanted to be sports stars, they wanted to be accountants or, you know, the general interests.

[00:20:19]But none of them knew what the blockchain was. So we have work to do.

[00:20:22]We certainly [clears throat] do have work to do. Um luckily Blockchain Association has a education committee.

[00:20:27]We for Cayman Crypto Week have a hackathon, a student hackathon, which is fantastic. Personally, I've been doing a lot of um private, you know, lessons, blockchain 101 trainings as well. Um as the founder of Women in Blockchain, we we're going to work or envisioning to work with other parties and I've done training with 100 Women in Finance to educate the youth or the younger um professionals for instance and um giving them a base understanding of the opportunities here in Cayman.

[00:20:59]>> Yeah, I think that's absolutely it, Daniel. Um you know, I think that's a really interesting observation.

[00:21:04]I wonder if um certain of the students just didn't understand what the career opportunities actually look like.

[00:21:11]Um, you know, I just say to my mom that I'm still a lawyer because it's easier that way for both of us, right? And like I actually wonder if, you know, they they do know people, but they just don't necessarily appreciate that they know people. So, you know, I think um, there are a lot of jobs that exist in the traditional financial services market that actually work that the support the crypto or the the the blockchain ecosystem. You know, if you're someone, if you're a fund, or you're auditor or auditing a a fund with a crypto element, then you're part of our ecosystem. If you are a compliance officer building out AML frameworks for a VASP, you are part of our ecosystem.

[00:21:54]If you are a director, independent director, you sit on the boards of Web3 or VASPs, you are part of the ecosystem.

[00:22:00]I think maybe part of the education with um, the young team is, you know, actually helping them identify where the opportunities exist. Um, and I think that, you know, Caiman has, you know, we have decades worth of experience in traditional finance. Those jobs are just as applicable and will become even like more applicable and relevant to this industry as it continues to mature.

[00:22:24]Education is really key. I think sometimes people when they think about um, this industry, they think of people in basements or they might think of like the crypto bros or the traders, but actually it's far more nuanced than that. You know, there are there are so many job opportunities, exciting job opportunities.

[00:22:43][clears throat] Um, and I think that that's an awareness point. And Caiman Finance and the Lead Program they're doing a fantastic job of just helping students think a little bit broader than just traditional finance, which Caiman does so well.

[00:22:54]>> Certainly.

[00:22:55]>> Yeah, I think I mean it goes back to Eric's point about just the maturation of the industry and what we're seeing here. It is very different and, you know, it's sort of a cliche at this point to say crypto moves quickly. But things change and if you think of sort of all the eras we've seen, you know, say we pick 2018 as a starting point, there's been a lot of different eras and things going on.

[00:23:11]But I guess it behooves all of us to try and spread the word about things and and go through and just broaden that. But I guess if we can switch along Lauren if you can go how did you get into the industry? Were you seeking it out or did it happen organically or when did you sort of switch in?

[00:23:25]>> Yes, so um I have a slightly different career trajectory. I um you know, came to Cayman Islands as a lawyer. Um practiced law um and you know, law's a fantastic profession. But one of the things with law is that it can be quite a structured um profession.

[00:23:41]You know, it does it can follow a sort of A to B to C type career path. Um as a woman and as a working mother um there can be some challenges with that. Uh what I love um and you know, I mean, really Parallel came around because my co-founder had said to me, "Can you act as my lawyer in the purchase of my property with crypto?"

[00:24:02]And I had said I I think you'd really struggle to make that work unless the government passed the VASP Act because that's the sort of key anchoring of the legitimacy or legitimizing of the industry. Um they did pass it and we thought, "Well, look, you know, there are opportunities here." And for me, what was particularly exciting was that you know, it's an emerging industry. So, you really are able to kind of build out your own path in real time, kind of on your own terms. Like that's quite exciting. It's very different from law, which is very traditional and you know, it's got a very sort of established career path. Um so, for me, it was opportunity that arose organically. Um you know, being very honest, that was my first sort of introduction. That was in 2020.

[00:24:49]My first sort of real introduction into uh crypto and blockchain. Um and but what was so exciting is that it was just right at the forefront of the industry properly sort of at the framework, the legislation developing here. And that really like appealed to the lawyer in me as well. Um and so I think that that's something, you know, that emerging industries like crypto or blockchain, you know, we or virtual assets, it's yes, it can be uncertain, but it's also very exciting.

[00:25:22]>> No, certainly. I think, you know, within that there was some point about just and came out I think we're very lucky that there's been this cooperation between government and industry and we've really been building the foundation. Obviously, the house isn't complete and nobody knows exactly what the house is going to look like.

[00:25:34]Um but you know, with what CIMA's done in the VASP and changes to mutual funds law, you know, we are putting things in place for it to grow. So, I guess Yeah.

[00:25:42]Speaking from that, Danielle, how did you Did you switch in on purpose or it it happened? How did it happen?

[00:25:47]>> it was definitely on purpose. So, my story looks very different to probably any of yours. I'm an accountant originally, so I came to Cayman um as an auditor.

[00:25:58]And then I started trading arbitrage between South African crypto exchange exchanges and US crypto exchanges.

[00:26:04]Trading at about 3:00 a.m. in the morning and then auditing by day. Busy season.

[00:26:10]>> You're an OG OG.

[00:26:12]>> Yeah, no, well, um that's where it the bug bit me. And then I started doing research on how does a blockchain work?

[00:26:18]Why is it so intriguing? Why is there value there? You know, why are people trading this?

[00:26:23]And I decided to change my life and make this my future because I believed in blockchain. I knew the underlying technology would be much more valuable than just cryptocurrencies and I could see it revolutionizing our financial industry. That's where I moved to fund administration um to help them integrate crypto into the product and then I realized there was a lot of pitfalls.

[00:26:47]Um a lot of things that could be done better on a governance level as well.

[00:26:51]Um so for instance, Laura touched on how jobs is applicable in the entire industry. Crypto will be touching most of those, right? And I agree, a lot of professionals say, "Oh, it's just another asset class." To a certain extent, I agree. To a different extent, I say, yes, but no.

[00:27:10]>> [laughter] >> I've seen it on the governance level where they have, for instance, held private keys, one provider that had the ability to drain entire funds, you know, NAV in seconds. And the traditional governance professionals and providers did not see the risk there, for instance. So, that's where I moved over to governance to assist funds and projects with navigating the tech, the environment, the pitfalls, as well.

[00:27:38]>> Yeah. So, we've got a couple of minutes left. I guess if we go through and we this is now off piece because we didn't send you these questions beforehand, but what are you most excited about in Cayman or the industry overall?

[00:27:48]What do you think's coming down the road?

[00:27:50]>> Um, I mean, look, I think what's really exciting is, you know, how it's going to continue to mature.

[00:27:56]Um, Cayman, you know, the VASP Act, which is the kind of overarching piece of legislation that governs virtual asset services here in the Cayman Islands, it's like a living piece of legislation.

[00:28:08]And I think Cayman do that so well, you know, uh, that sort of allowing the regulatory framework to evolve with the industry.

[00:28:17]Yes, the approach here is not innovate and we'll regulate after, but what it is is there is definitely a willingness with CIMA and the government to enable, you know, responsible innovation here in Cayman.

[00:28:31]Um, and I think, you know, Cayman, you know, it it doesn't sit still. This isn't a jurisdiction that sits still. If you look at the recent legislative amendments to the mutual and the private funds acts and the VASP acts, which effectively enable tokenized funds. And what the government's saying there is that we're not treating this as something entirely new. This is not a new product. It sits within its existing regime. You know, that's that's innovation and regulation keeping up with with, you know, progress. And I think Cayman has got decades of experience in fund management, in compliance, in, you know, service professional, you know, and I think we're so well placed to be able to actually capture the next wave of financial innovation. Um so, that's I think really exciting.

[00:29:16]>> Daniel, anything to add as we move into the close?

[00:29:18]>> Yeah, um well, it's alternative as a jurisdiction will always be more adaptable. Um we're leaders, I believe, as well compared to other jurisdictions that might be a little bit more stagnant. So, we definitely believe um that Cayman would take the lead in some of these technologies structures. Um specifically seeing a lot of tokenized funds activity recently which been which has been very exciting.

[00:29:42]>> All right, that's good to hear. Um I guess big thank you, Daniel and Laura, joining us this morning on Money Sense.

[00:29:47]Um it's really good to have experts um in the cryptocurrency, blockchain, digital assets, whatever we're calling the space today. Obviously moves around.

[00:29:56]I think it's a really important and growing sector for Cayman. Um and obviously the Blockchain Association of the Cayman Islands is doing a lot of things. If you're interested, you know, start at the website, ask questions. I think one of the great things about the industry in Cayman is how open people are and supportive. Um and, you know, if you're any young people are in a car maybe listening to us, seek somebody out at you know, you can find somebody who'll spend the time to explain, you know, things in detail and and and go through and just have that frame of reference. So, um Daniel or Laura, any closing words you'd like to get in?

[00:30:25]>> Um I just think absolutely lean in if you have any questions. Reach out. Reach out to Daniel. Reach out to me. You know, we all ask questions in this space because no one knows all of the answers.

[00:30:35]You know, so but there are there's a very good community here.

[00:30:39]Reach out. If you're interested, even on a really superficial level, reach out.

[00:30:44]Um I think that you know, we can't deny this industry anymore. We have to all lean into it.

[00:30:51]There are people here who can help. So, please reach out.

[00:30:55]>> Yeah, we're willing to share our experience to grow the ecosystem. So, as she said, come for a coffee. Let's sit and chat.

[00:31:03]>> Yeah, and once Eric sends you that $100, you can buy the coffee.

[00:31:06]>> The beers on you.

[00:31:08]>> [laughter] >> Thank you both very much. It's been really interesting. I'd like to say a quick reminder, our show is going to also be found on YouTube. Type Money Sense Cayman. And if you have some topics you'd like us to discuss on a future show, please email us at [email protected].

[00:31:22]With all that said, thank you all for tuning in and I'd encourage everyone to rejoin us in 2 weeks time. Thank you very much and this was Money Sense.

[00:31:35]>> [music]