Christoph Jentzsch

Oh, let's not take my total expenses.

Let's take average expenses of someone living here.

So in this area, I would say if you spend two to three thousand per month, you have a nice life.

Yes.

In our company, we have a normal salary for each one working here, not done in crypto.

I still think, as of now, crypto is not a very good currency.

People

We call it currency, but if you look at the transaction fees of Bitcoin, which is sort of a cryptocurrency, it's very high.

If you make a real transaction on the real blockchain, so in Coinbase often they are just having numbers in their database saying who owns what.

It's not always a real transaction on the blockchain.

But if you would do so on a real transaction, you would pay on Bitcoin quite a lot right now.

Ether much less, so it's much better.

But Ether is very volatile as Bitcoin.

It is nice for some things, and I hope that it would become a currency in the future.

But if you go to your tax account and if you go to your notaries, all those services, you have to pay in euros, and they don't know what to do with Ether or Bitcoin or anything like this.

If you are a complete anarchist... Can't you just trade it, though, through Bitcoin?

You can't.

Of course, why not?

And also it's very cumbersome if you go to the tax authorities and try to explain this and make a tax report.

So I have nothing against paying people either.