matt: let me bring in pat toomey, former u.s.m pennsylvania and is also a member of the global advisory council at coinbase. senator, i mistakenly said earlier this ripple decision was view as a win for the sec which is clearly the opposite of how it looks. in fact, regulators, not only the sec had a little bit of egg on their face from a couple of poor decisions over the last few days. how do you view what we are seeing happen with the united states regulators in court? >> i think this case with ripple in the southern district is devastating to the sec. some of us for two years now have been arguing that it's very unlikely that these tokens should be considered securities and if the sec considers they are, they owe america a clear rulemaking and guidance as to how and why you come to that conclusion and what people should do about it. the judge comes along and in a very thoughtful and very thorough and very persuasive decision she states clearly that xrp is not a security. the logic and the principles she applies and the facts i