how does inflation trend impact the way you look at crypto yucca a lot of in the -- crypto? >> a lot of investors see bitcoin as an inflation hedge. that is something a lot of investors and allocators seem to be concerned about these days. it remains to be seen whether we will get inflation. so far, the prospects for inflation seem fairly dim. that is definitely part of the appeal for the fixed supply asset where there is no monetary discretion and the issuance schedule is predefined. squaree: the likes of and some of these publicly traded companies have been starting to look at bitcoin instead of treasuries in somewhere and using as an alternative asset because they are looking to diversify away from the u.s. dollar. it speaks to what the federal reserve is doing right now. crypto has been on a tear for many a reason. in large part because institutions seem to be putting a small amount of their money to work. it is a big seismic effect on the overall market. >> the exile janessa factors are the macro factors we are talking about here. the fact we are in this largely unprece