for more, we welcome mike belshe, cofounder of bitgo.a kind of stand on both sides of the fence on a lot of issues surrounding crip to as well as market structure. now it seems to be really choosing a side and drawing a line. what do you think of the latest out of china? mike: over the last 10 years, there is no shortage of reasons to think that this is the final death to bitcoin. we have been concerned about china for a long time. who is mining the bitcoin out of china? no, it is funded with coal power that is harming the environment. the chinese banding bitcoin for the short term is probably long-term good for bitcoin. it addresses those fundamental problems. it demonstrates bitcoin is resistant to any party trying to take it down. the older losers here are probably the chinese citizens. and it will be temporary. we live in a global economy. china will be figure out how to get back into digital assets and bitcoin sooner or later. amanda: you have been around long enough to see many regulatory twists and turns, to your point. lots of ti