 Where do you see Binance in one year time and three year time from now? I hope to see one billion users in this industry. I think the key right now is not so much focusing on your own business, it's actually let's just make the pie bigger, let's just grow the industry. Don't launch a cryptocurrency exchange, it's one of the worst businesses to run. You launched Binance through a very successful ICO in 2017. What would be a recommendation for a young entrepreneur that wants to launch its own cryptocurrency exchange today? Okay, my first advice would be don't launch a cryptocurrency exchange, it's one of the worst businesses to run. It's really tough, it's really tricky, there's a lot of different headaches, but if you really want a wrong one, I would just focus on the users. So just focus on providing extra services that the current exchanges are now able to provide. It's getting increasingly more difficult because right now the exchanges are no longer just exchanges. We actually do a lot more than just exchanges. We're really adding a lot more added services like staking, lending, all this other stuff. So I would say just think about what the unique service offerings are and we would like to see more creativity around this space and we want to copy and improve as well. Okay, cool, but do you think it's more difficult now than when you launched yourself? Absolutely, I think it's definitely more difficult right now. The exchanges are much, much more competitive right now than maybe say two or three years ago. Customer service have gotten a lot better, system stability have gotten a lot better, communication with our social media has gotten a lot better. So it's actually quite tough to start one right now, I would say. It's harder. This year you launched Binance in the US after you focused a long time on the Asian market. How is the US market responding and how is it different from the Asian market? For Binance US we actually work with a local partner of BAM trading services in the United States. When we first started we just didn't have the bandwidth to target the United States. It is one of the largest markets in the world but at the same time we started in Asia so we didn't really have the resources to target that market fairly well established players there. They do provide decent services. So two years later we said well other exchanges are leaving the US and we see a clear path of being able to offering our services finally there. So we found a really good partner, they have a really good team. We felt the time was right and there's a clear path to properly service US users in a fully compliant way locally onshore with US dollar support. So we thought that's a very unique opportunity for us to enter and now to walk away. Where do you see Binance in one year time and three year time from now? What are the milestones that you hope to achieve in these time frames? In one year time we hope to add a lot more fiat support and so there's 200 countries in the world. We service about 180 of them and we want to be able to provide fiat supporting in all of those countries if possible. I think in year time we're probably not going to achieve that. Maybe hopefully we'll add 20, 30, 40 fiat support. I don't really have an exact number in my head. And in three years time I hope we can make the industry a lot bigger. I hope to see one billion users in this industry. Right now I think we're probably around 100 million-ish users depending on how you count. I don't really have a specific target for a number of users for Binance. I think the key right now is not so much focusing on your own business. It's actually let's just make the pie bigger. Let's just grow the industry. What role do you think Binance, your project related to similar to Libra, is going to play in this advancement? For Binance we're trying to provide a similar but maybe slightly different positioned stable coins. We think there will be multiple stable coins throughout different parts of the world that's pegged to fiat that people can use. We hope that all of these stable coins are supported by governments or large existing companies. We launched BUSD as the first one, the Binance-USD. Binance-USD is already accepted by the Bermudian government for paying taxes. Even though it's a small country but it's a pretty significant meaningful milestone. We're hoping to add maybe 20, 30, 50, 100 stable coins like that. Our approach is a little bit different. Historically, so far we've found it much easier to work with smaller countries because the government is simpler, they move faster. For example, if you look at Singapore, there's only one regulatory agency you've got to deal with and you talk to them, they make a decision and you're done. Whereas in larger countries there's probably 10, 20, 50 different regulatory bodies you have to work with so they do move a little bit slower given the complex structure. But we want to work with everybody in the world to push more stable coins to have more fiat gateways into the ecosystem. What should actually happen in the industry? What kind of technological advancement should happen in order to increase adoption? If you ask me in 2016 what's going to be the next killer app that's going to bring everybody in, I would not have said ICOs are fundraising a blockchain. So those things are really, really difficult to predict. But for us we're just enabling more fiat access so that people can access crypto more easily. But I think in terms of the industry there's probably a number of potential things that could tip the scale but I'm really speculating if I name anything. But I think gaming is pretty big, payments are pretty big, e-commerce probably a little bit later but they could be pretty big. Thank you so much. Thank you so much.