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So you know within crypto today there's sort of three interesting categories of base blockchains there's the Bitcoin blockchain which is optimized for security and decentralization so if you are trying to redefine money that thing better be secure and it better be split up across lots of people there's the etherium blockchain which is optimized for programmability so if you want to build a shadow financial system you want to do derivatives options escrow contracts stable coins prediction markets all these things those need rich application programming interfaces they are which user which is a direct trade off with security because the more programmable something is the more doors there are into that system the more avenues of attack there are and then but and the more complicated it is the harder it is to scale but the more applications it can be used for and that's kind of where a theorem and dozens of other block chains actually compete but a theorem is the best-known and then there's sort of this sector of privacy coins which include like Z cash and Manero and a bunch of others and that's all around replacing cash with digital cash so it's anonymous its protected but you can do some we can do some really cool things with cryptography like with something called zero knowledge proof where I can like pay my taxes I can prove that I paid my taxes but nobody other than me and the IRS knows how much was paid even though it's done in the public blockchain or you could build a voting based blockchain where each of us can cast a vote each of us can check that our vote was properly recorded and tallied and with exactly what we put in there but nobody else can see our vote only we each can see our vote and the system collects all the votes and gives the right provably mathematically probably the right answer but nobody's in charge nobody other than the individual cast the vote has able to go in and change your vote or a counter or not count it so you know these kinds of systems can be developed in top blockchain technology so I think that those those are the three most interesting categories right now we will see more categories emerge later but that's sort of where the the token fuel plays out and great summary the with regards to tokens and then especially in the New Zealand context I'm curious you know if you could wave a magic wand yeah if you were a regulator and say okay here's the kind of environment the policy environment right strategy as a country around tokens what would be yeah so in the in the US there was or even globally it was sort of a free-for-all with AI CEOs where people were selling coins like very liberally to anyone who'd come along and we suddenly went from no fundraising online to.