crypto getting caught up as well coin base down 75% former sfo gary chavez -- marty chavez, excuse me, and good to have you here. i did want to start with bitcoin. art cashin was on before saying the instability we're seeing in crypto is part of the story here and i'm wondering if you see that as we're trying to figure out how much money has flowed in and to which parts of the market as it unravels how do you view it >> i guess i would step back from what's happening today and i would just look at a very big trend, the dematerialization of assets, assets becoming digital. when is the last time you saw a share certificate for a listed stock or a paper certificate for a treasury that is going to happen. bitcoin, stable coins, defi as fascinating research as experiments. i'm not sure how investable and will really accelerate this trend of everything. until that hams i would be wary. >> of bitcoin, coin base some of the assets have been beaten down. >> i own three bitcoin i received them at the end of the meeting with the crypto ceo back in the early days a lot of attention to alm of thes