Brian Armstrong

Yeah, it's kind of like what Google did with the internet.

You know, they came up with the PageRank algorithm and they kind of said, all right, how do you know the reputation of this website?

Well, let's look at all the other websites that...

put links to it and how reputable are those websites.

And so you get this kind of graph structure that Larry Page came up with famously.

And so you could do something similar on-chain because on-chain payments are just another graph structure.

It's, you know, if I send money from me to Peter and maybe if I'm a high reputation, then the amount of that money times my reputation gets assigned to Peter as some sort of reputation signal.

It's almost like an on-chain FICO score or like a Yelp rating for a business or something like that.

And so hopefully, you know, you can go buy things or an agent could buy things with some amount of additional information to know how often did people request a refund for this?

Or what's the reputation of this merchant?

I don't spend too much of my time thinking about it, but, you know, high level, any company that reaches a certain size is going to interface with the government.

But as others have mentioned here, that can take many different forms, right?

Paying taxes is the most obvious one.

You're going to engage with them on various policy issues.

And this administration has been very open and eager to improve policy around crypto, which has been great.

The government may actually end up being a customer of your product as well.

So that's another touch point.

We actually provide crypto services to about 140 different government agencies at federal, state, and local levels.

And so to me, that's sufficient.

I don't think going farther than that and actually having them take an ownership stake in the company, unless...