Dude, what have you been up to since you launched your company last year?

Yeah, I mean, we've been, so, you know, for those that aren't familiar, I'm the CEO of Bitcoin Infrastructure Acquisition Corp, BIXI for short.

It's a publicly traded company on NASDAQ.

It's a SPAC.

And so the purpose of a SPAC is to, you know, take a private company public.

It's an alternate route to joining public markets from, you know, an IPO or a direct listing.

You know, it's a, it's a faster path, you know, you know, more suitable for kind of smaller companies that want to get into public markets and access, you know, public markets, liquidity, um, and capital markets.

cool.

Explain that to us.

Right.

So the State of New Mexico is structured on a draw system with no points.

So, like, other states have points, Colorado has points, Arizona has preference points.

Um, and, and the way New Mexico is structured is everybody that applies for the draw gets a fair shot at drawing the tag.

However, it's broken down into 84% of those tags go to resident New Mexicans.

So they, they take an allocation of tags and, and say 84% of them are allocated to residents.

So what, what would you propose to solve some of the outfitter issues out there?

This is the serious ones?

... a guy from, a guy from BlackRock.

Um, so they were sitting up there and they were talking about like, "Hey, like our," you know.

The whole trade for Bitcoin for these institutions, for institutional investors, has been like the asymmetric upside with like, you know, very little downside.

And I remember one of my favorite quotes of all time about Bitcoin came from Ross Stevens talking about how he's like, "Look, if you have an exponential return profile for this asset and you eliminate the chance it goes to zero, like your mean, your average expected return just explodes," right? If your, if the zero is gone, all of a sudden it's, you know, your mean, your mean av- average return, um, is just enormous.

And so I think it is fair for these investors toBecoming these institutions and be like, hey, like, if this quantum thing takes Bitcoin to zero, like, all of a sudden my math on where I think it's gonna go, like, totally changes.

Now, like, it's not like this is a new topic, right? This is, this has been baked in.

That's BitKey.world, code TFTC20.