I think you can situate this in a broader trend in that we are now in the era of scams,

because they're, you know, they're easy, they're reliably profitable, and the odds of getting caught, like, in any meaningful sense, go down every year.

Like, something like half of all crime reported to the police, England and Wales last year was fraud.

And they have essentially no capacity to investigate it. And that's just, you know,

getting a text message that's like, hey, I'm from HMRC, we need you to log into scams.RU

and give me your, like, driver's license or whatever. It going up against this kind of shit,

you know, where you have to, like, at least you can sit down and explain to a police officer, like, oh yeah, I clicked a dodgy link and I gave a guy my passport number or my bank account pin or whatever.

Explaining what, like, yeah, I got ripped off of like one quintillionth of a Picasso painting in a currency that

you've never heard of before.

That's a much weaker position to start from.

Well, I think that doesn't even touch on the idea of like, who knows what the terms of

service are for these platforms or whatever you want to call it?

Who knows what these people, like, what rights these people are signing away as soon as they

start using these sites.

And, yeah, I hear you and I agree with you.

But then I also think about previous major, like, I'm not saying we should, there's no way that we could stop all the

fraud in the world, but there's previous examples. Liberty Reserve, right, was the, the dollar

derivative online in the early to early odds. And they, they were able to shut that down because a bunch of law enforcement agencies

worked together to make it stop.

We haven't seen much of that when it comes to cryptocurrency.

Well, a big part of that, well, there's a few things I think we have seen, right?

A big part, but a big part of that is that there that in the early odds, there still was, or it was

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