Mailbag, incl: Will the US dollar stop being the reserve currency? August 9, 2026

**SPEAKER_1** (0:02)
A LISTNER PRODUCTION Cheers.

**Andrew Page** (0:05)
The S&P.

**Scott Phillips** (0:06)
The ISX.

**SPEAKER_1** (0:06)
Stocks. This is the Motley Fool Money Mailbag.

**Scott Phillips** (0:10)
Welcome to Motley Fool Money. It is Sunday. It is special. It is the Mailbag. It's also Strawman opening day. But we'll get to that, because I am Scott Phillips from the Motley Fool. He is Andrew Ram Page from strawman.com. And this is the Motley Fool Money Mailbag edition. It is Sunday morning in internet time, and so that means we're going to answer your questions on everything and anything you want to throw at us.
Ram, g'day.

**Andrew Page** (0:37)
Preferably investing in finance related, but relationship advice, DIY tips.

**Scott Phillips** (0:47)
All those things.

**Andrew Page** (0:48)
Well done in Kruger. The heck out of anything I've got. Even like a partial degree of experience in.

**Scott Phillips** (0:54)
And there is your challenge, dear listeners. What would you like to know from Andrew?

**Andrew Page** (0:58)
Now, look, when do animals wipe our ass? You start with a sharp scalpel. Step one. Too many people rush straight into it.
I can't emphasize it enough.

**Scott Phillips** (1:09)
Want to build a herd of cattle? Want to build a bridge? Andrew's your man. So send us your questions.

**Andrew Page** (1:15)
Me and ChatGPT, we are your guys.

**Scott Phillips** (1:20)
Oh, this podcast could branch off into a million different things. Mates, I said on Friday, happy anniversary for Stormant. Five years.

**Andrew Page** (1:26)
Thanks, Ray.

**Scott Phillips** (1:27)
But on top of that, you're actually reopening Stormant today, or this evening.

**Andrew Page** (1:31)
Yes, we are. So this Sunday, assuming that's when you're listening to it, opening the doors, come check us out. You know me, I don't lay it on too thick. But I did say on Friday, I haven't done this before, but why not? I mean, I feel empowered with my new AI coding skills.

**Scott Phillips** (1:47)
That means it's gone to his head, people. That means it's gone to his head.

**SPEAKER_1** (1:49)
It's gonna affect this pretty quickly.

**Andrew Page** (1:51)
But there's a discount code out there because that's what you gotta do, I'm told. And if you put in Munga, it's all capital, oh sorry, all lowercase, M-U-N-G-E-R, you'll get 10% off. So you're good to go.

**Scott Phillips** (2:02)
Give it a go. For nothing, listeners, have a look, strawman.com. You'll find all the good stuff there. Mates, let's kick off the show.

**Andrew Page** (2:09)
Actually, not for nothing, but for having the tolerance and the patience to listen to this thing for so long.

**Scott Phillips** (2:14)
I should be giving you a much bigger discount. In that case, we'll halve the price of this podcast. There you go. Immediately, we're going to charge you half what we normally do to listen to Motley Fool Money. You're welcome. You're welcome, listeners. But check out strawman.com.
Mates, speaking of strawman's birthday and the celebration of the reopen, there's a question that is so directly up your alley. It's almost like you wrote it yourself. And I assume you are not Brendan, because if you're not Brendan, then Brendan wrote to us and said, hi, Scott and Ram. I'm a long time listener and a second time questioner. Thank you for everything you do, Lords of the Pod Machine.
God, Emperor, what's Emperor? Is that what you're going with?

**Andrew Page** (2:55)
God King, I always write.

**Scott Phillips** (2:56)
God King, God King, sorry, God King. A philosopher king is what I'm saying. Lords are fine, but they're not kings, and they're not gods. I've got a Bitcoin question, so it might take up half an episode. Just jokes, says Brendan.
Joking, not joking.
Sorry, not sorry. All right. We purchased around half a Bitcoin several years back, in 2021-22. I'm not a whole-coiner like the cool kids, but at least we've got some. For us, it's smallish, but still meaningful holding in our portfolio. And we hold it just in case it actually does work. That's kind of been half of Ram's thesis, like the upside-down side.

**Andrew Page** (3:33)
Yeah, I kind of chuckled there, but my long-running thesis for those who haven't dipped their toe in the water is just the asymmetry on this thing is so stupidly insane, that if there's a one in a thousand chance that it's right, you should have a 1% allocation. I'll just leave it at that.

**Scott Phillips** (3:52)
And Brendan says, and if the world adopts it as money, I think if that happens, we've got enough of it, hopefully, with a little smiley emoji. We have it stored on a cold wallet and in a safe location.