things I think that you're probably sensing from us is that the dollar is very important to us as a tool, a tool of American power and also tool of American values.

So we would much prefer to put sanctions on a country than send our soldiers there. As you know, the power that we have because of that, because of the banking system is significant.

You can see some of the outlaw states that we have today.

We're able to work with our colleagues around the world to do something about what they're doing

because of the power of the dollar.

So when something threatens the dollar, we get very nervous, and I think we should be,

because that's something that, again, has been very useful for foreign,

how do I say, projecting American values and foreign power.

Do you understand all that fairly clear?

I think you do.

I mean, you've been hinting at that, but I want you to make sure that you understand that because

you're playing in a space that is a delicate space for us.

Congressman, at a high level, I certainly understand it, and that's why part of what we're doing is trying to design the system from the ground up so it can enforce U.S. sanctions, travel rule,

a number of the regulations that are important for creating stability and security around the world.

And that's, I think, some of what is at stake here is that I just think that if we don't innovate,

there's no guarantee that we'll be able to extend those same rules and project that kind of influence around the world going forward. I think we need to

innovate as a country in order to keep on ensuring that we can do that. Welcome back to another

Crypto Daily 3 at 3. What's going on, guys? So obviously, yesterday was a big day. It is now Thursday,

October 24th. Yesterday was the six-hour marathon session, grilling, really, of Mark Zuckerberg,

Facebook CEO by the Congress, by the House Financial Services Committee, all about Libra theoretically.

In point of fact, it was mostly not about Libra theoretically. In point of fact,

it was mostly not about Libra. It was about Facebook's track record on diversity. It's track record on data, the lack of trust that Facebook has. It was about political agendas as it relates to everything

...