welcome back to the kaiser report imax keyser time at cern to arthur hayes c.e.o. of bit mix arthur welcome thanks for having me great to see a longtime friend and associate and we've been talking to you for a long time one of the early folks in bitcoin in the big coin exchange you are the c.e.o. of bit max first tell us about bit max what's going on there so we're now the number one exchange in the world in terms of average daily trading volume we trade financial products so leverage financial products are i guess the key product is a one hundred times leveraged big quivers as u.s. dollar swap that is the most liquid instrument traded threw away right and it's a knock on and so you've been navigating through this space now for a few years what have been the some of the biggest challenges so far for us getting liquidity i think that's for any exchange on about the hardest challenge and thankfully we've been very place right time with the derivatives space and caught the two thousand and sixteen to seventeen wave and it's been very good for us so far wow so now you'