Coinbase is regulated as a money transmitter in all the states of the united States. We have an money license in europe. And so they can meet tim, actually, well, hesyouust have to go to san mata. You'll meet tim. He's soin the front window of the draper university. Yes, but i'm ry accessle. There are lots of people who don't know any investors. And so the i c o thing is real. That's going to help aLots of real piet tondon explain to a us, as entroponors in the room and investors, what is the real part for you when when you look

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