 The Biden administration does it again and they're proposing a 30% tax on all crypto mining. There's a new proposal in this year's budget, the dam tax, digital asset mining, energy, excise tax. The firms would face a tax equal to 30% of the cost of the electricity they use in crypto mining. While crypto assets are virtual, the energy consumption tied their computationally intensive production is very real and imposes very real costs. This is very true. I think everything uses electricity. Am I wrong? I mean if we want to mine gold or if we want to put on electricity throughout the houses or if we want to run the banks or if we want to run long institutions, we pay for electricity. That's the free market. If we want to use electricity, we use electricity, we pay for that electricity.