$AXS
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I really prefer the term "bitcoin backed credit", but I agree it could reach a trillion dollars, or 10% of the total BTC market cap. [Spoken audio]: Where do you see the digital credit space then going by, you know, 2030 is always the nice round number for years. I mean, do you have any kind of vision on where you see that evolving to over the next few years by them? Trillions to trillions of dollars. And the reason is, is we live in a fiat world today. The dollar is the reserve currency of the world today. Bitcoin is emerging as the best form of money. Everyone here, we all know it's the best form of money, but that is not the global consensus today. That is a contrarian during this transition period. I think this transition period likely takes decades. No one knows how long. I think digital credit is that fridge and it's that bridge because because it's backed by Bitcoin risk but provides a large fiat yield. It provides kind of something in between those two things and it's a smoothed out ride to benefit from the world transitioning to a Bitcoin future and the more we move people there the faster that happens but if that is true, what you'll see is trust in fiat currencies is going to continue to decline. And as that continues to decline, people are going to look for other options. And I think a lot of the world is going to transition to digital credit as a thing that kind of bridges that gap. And if that's true, it's a trillion dollar assets, not trillion trillions. And I think you'll see that by 2030.
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