Still bullish Mega Eth or...?

Look, I know they've gotten a lot of, uh...

The, the problem with crypto is you're building in the open, and there's a reason why startups don't go public.

[laughs] Um, you know, you're trying to f- building a company early on is hard.

Now layer on top of that having a token and having a community.

Um, I think it's a team that is focused.

Uh, I know Muya, um, uh, Shuyao decided not to come here.

Yes

Mm-hmm

... fulfilling your hierarchy of needs.

And to me, it was like, um, I don't necessarily think that I want to be investing in growth stage companies and technology like, you know, the next Salesforce.

It just, at some point, it just didn't move the needle for me.

And at the time, I, I'd already discovered crypto and, and one of the things that has always bothered me is this idea of friction, and I think crypto can become a new operating system that removes friction.

Combined with this idea that it's incred- the world is incredibly unequal, that gene- Mexico is one of the more unequal places in the world, so it's Brazil.

And so I, after traveling a lot, you really appreciate the inequality.

Mm-hmm

But Santi, have you been expecting this sudden explosion of the market? Have you had your seatbelt buckled?

I don't know, man.

I every time I've sort of been long enough in this game that I've lost any hope of trying to time this market.

But you're just going to you're I think in my chair, I just assume that any given day I wake up, the market can be dramatically up or dramatically down.

And I'm just going to stay unbothered, moisturized in my lane.

But the reality is like you could be a cynic or a skeptic.

in how like crypto trades like we can over intellectualize why these things are pumping and then someone pulls up the m2 chart and says just flows like don't overthink it this is a levered nasdaq call it a day everything in the traditional markets is hitting all-time high crypto People want to go off farther off in the risk spectrum.

Like what do you think about a hundred million dollar check selling in a week?

You have this... phrase that i saw in frontera that was on board through acquisition scale through necessity retain through utility and repeat like how does that play into what you're thinking about

I guess if you were to describe what Inversion does and try to prompt it with ChatGPT, it would be like, which platform business can I buy at the best price possible? Because price really dictates everything here.

In a perfect world, I'll go buy JP Morgan and run this transformation.

I don't have a trillion dollars yet.

But I think what's interesting about what we do is, again, a telco company, especially an asset like telco, is primed.

to be that Trojan horse to onboard users, right? Because every user right now in crypto goes through an exchange.

That's just fundamentally broken.

Suntee, did you see this story yet? It's all kind of breaking as we record this on the Thursday, but any thoughts on this announcement as well?