And I'm going to talk to you about how Bitcoin and the electricity use is actually not so much a big deal and where it actually comes from. We're in an interview without asking about crypto. But in particular, Russia just said that they would accept Bitcoin as a payment for their energy resources. What does that say to you about where we are in the crypto conversation? Well, crypto is obviously grown by leaps and bounds and it's now playing a significant role. Not really so much in transactions, but in investment decisions of lots of Americans. And the president just issued a couple of weeks ago in executive order, asking us in other agencies with thinking about the regulation of crypto. I mean, you're less skeptical about it than in previous. I mean, we've been talking about together for a long time now and I think you've had a skepticism about crypto technology. I have a little bit of skepticism because I'm there it can I think valid concerns around it. Some have to do with financial stability consumer investor protection. Use for a list of transactions and other things. On the other hand, there are benefits from crypto and we recognize that innovation in the payment system can be a healthy thing. We would like to come out eventually with recommendations that will create a regulatory environment in which healthy innovation. So right there. That's good. Right. She warms up to it. She says, Hey, there are some there's some great parts as far as like cross-border payments or omittances. I will let you sound off in a comment section what you believe that to be or what crypto could potentially be. I have my own thoughts on that, but I'll let you decide for it. So it's good. It's almost like a little bit of a step in the right direction for what she's talking about. She goes on to talk about the ESG movement. You know, as far as environmental, social, and governance. Mostly it kind of goes in in line with what this administration is trying to do as far as green energy and things like that. There's two things to this. First of all, this was a great piece. The Cambridge Bitcoin electricity consumption index. And what they took a look at is just the energy consumption for different industries. There was the one thing I really want to make sure, but you know, is that it talks about limited data availability. And it states it's surprisingly, let me blow this up so you can see it a little bit better. Hey, hey, there we go. They say it's it's a it's surprisingly challenge to find reliable electricity figures about the energy footprint of many industrial and residential activities. Data sets are often non standardized, produced or maintained by various stakeholders who pursue different interests based on distinctive theoretical models that use wildly different differing methodologies and assumptions and are limited to a specific geographic area. This leads to conflicting estimates about the same activity that can come in stark contrast with each other. So basically they do the best they can. Here's the thing. If you take a look at electricity use and energy use. So energy use the production is 167 terawatt hours production or see me electricity is 26,000. What's the difference? Well, energy is what we produce geothermal. Hydro based wind it's what you use to actually create electrical power electricity is generated by transforming primary energy sources wind nuclear solar into electrical power. So just so you know the total usage Bitcoin has 0.61% not a big deal. So, but if you take a look here. Just so you know Bitcoin takes 136 terawatt hours per year per the entire year the entire year. And gold mining is 131 terawatts per year pretty close actually. And then we take a look at this. Yeah, it's AC is 299 data centers just around the world 200 cement just to submit 384 paper and pulp TVs in the US are 60 lighting in the US. Six why like light. So fridge is 104 iron steel production chemicals copper and Bitcoin's 137. So if we take a look at that we're like well that's not so bad. But then the big question becomes but it's still using electricity Rob and that's not great last true. However, before we get into that I want to just make mention of this what the heck are we using gold for in all honesty. Because to me I know gold is great and it's a great thorough value and data but did you know. This is from gold miners up to 80% of the gold that is newly mined or recycled is used in jewelry manufacturing. So you're telling me that 131 terawatts per hour is on jewelry and I'm not saying you can't do that it's a free market I don't care what you buy I just I've never I don't think I've ever had anything gold honestly. However, the electronic age arguably the most important industry use of gold is the manufacture of electronics. So if if it's 80% 80% of the of gold that is newly mined or recycled is used in jewelry manufacturing jewelry manufacturer. And then of course you have gold bars and they store that for as a store of value and then of course they also use that golden dentistry which I don't know who you use using gold teeth except little Wayne. How much are we really using for these electronics because that I think is the big thing especially the gold bugs will say but you know there's an intrinsic value because of this watch. Because of this golden might teeth again on some where you're doing that or it's because of in this phone so even in phones and that can we use a better way and then also like how much really is it if it's 80% and then maybe 5% here and so on so forth. And then I will just say the bigger issue though is not just about the electricity but it is where are we getting electricity is it all coal that we're getting to actually mine Bitcoin. Are we using like like the dirtiest types of standards because somebody had a good point they go Rob they go even if you're talking about how it's not important of how other industries use electricity the bigger issue you would probably should focus on is where are you going to that electricity from so look I don't know where everything else is coming from as far and like Kazakhstan I assume it's hydroelectric maybe like in China I have no idea actually but I know that there is a huge amount of Bitcoin mining going in my great state of Texas. And there was this video which was actually a while ago and I had I had wine stone or when stone CEO Chad Everdon and when we're talking about it he said and this was after the whole video is over I made mention of this this spreadsheet I asked him I go hey man how much of this is is renewables and he said oh we guys we didn't touch on that but here's a data sheet of what we use and of course in Texas. We have a car which is the electric electric reliability council of Texas which manages the flow of electricity power to 26 million Texas customers which is I believe the lion share represents about 90% of the state's electric load why am I telling you this because of this profile right here here is the annual energy fuel mix of what we are using in Texas and this is why I think that miners should just come to Texas. And get the hell out of the other countries that are going to boot you out anyhow and just do the right thing just come to America sorry I'm a homer is what it is super biased also so the 2020 annual energy fuel mixes this and this is all Texas residents 90% it was 10% couldn't find the data but 29% 45% is natural gas okay natural gas not to dirty 22% is wind 18% is coal okay galley in that one. But we've got 11% nuclear and 2.9% other which does include solar and things like that and then Jen and you can take a look here so I link this in the description below so when people are talking about I know it's a long description but when people are talking about the electronic use or the power usage the power watch being used for crypto and Bitcoin mining just point into this video go look it's not the most worst the most awful thing of all time we actually do use renewable energy so that ESG issue that all these corporations are raising hell about should not be that big of a thing just my humble pain let me just think about that in the comments section