William Quigley

So if you take regulated and unregulated gambling.

So the gray market plus the regulated portion, that's $4 trillion annually.

So that is an enormous market.

That is an enormous market.

Yeah, it's one of the biggest markets in the world.

Yes.

And so I don't see prediction markets being the primary way people engage in that.

If they did, however, then that would be a way for

prediction markets would be, you know, trillion dollar businesses.

But I just I don't think that's what's going to happen.

You know, it could.

That would be the that would be the real bull market case that that they become the way most people perform bets or take bets, wager for sports events, because that that is a very popular pastime.

So myself and three other individuals created Tether.

So that's sort of how we got involved in it.

We invented the concept of the stable coin.

And we did so because we were trying to address a problem.

And the problem was, now this is ancient history, so it won't even make sense to people.

But there were only a few places where you could use fiat to acquire crypto.

At the time, it was really just Bitcoin.

And...