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MIAMI MicroStrategy (MSTR) CEO Michael Saylor and ARK CEO Cathie Wood gave a number of reasons for why they think bitcoin (BTC) will continue to gain adoption and increase in price in a chat . Jack Dorsey and Michael Saylor were among the headliners at the star-studded Bitcoin 2021 Miami conference. Our other popular types of vacation rentals near Mhnesee Tower include: But you can also enjoy a great stay in one of our other vacation homes including Bungalows and more. All Rights Reserved. Although MicroStrategy is based in Virginia, Florida is where I. Wood did sound one note of political caution, however, pointing to Chinas strong support of blockchain several years ago, only to eventually ban much of the activity around it in favor of its own central bank digital currency (CBDC). Yes, of course. "There's no reason (bitcoin) can't . 2.9%. His fortune is largely tied up in. Just over 20 years ago, Saylor was Northern Virginia's premier hotshot tech exec. Sign up for The Node, our daily newsletter bringing you the biggest crypto news and ideas. Coinbases stock is down more than 66% in the last month, bruising the net worths of its billionaire founders, Brian Armstrong and Fred Ehrsam. (Shortly after Saylor and Wood's talk, popular no-fee trading app Robinhood (HOOD) announced in Miami that it, too, was integrating with Lightning.). Life-size bear on Aisle 1. A court ruling did not dismiss claims by the District of Columbia against Michael Saylor, the founder and CEO of MicroStrategy MSTR, , has lost his case to dismiss claims that he failed to pay personal income taxes, interest and penalties in the District of Columbia, according to a court filing on Feb. 28. A livestream is available at the conference's website. What is the Role of Christianity in American Politics Today. A Division of NBCUniversal. Saylor founded MicroStrategy in 1998 and served as its CEO until earlier this month when the publicly traded company announced that he would take on a new role as its executive chairman. Choose from more than 500 properties, ideal house rentals for families, groups and couples. Saylor said he thinks bitcoins real potential will be realized when billions of people around the world have a mobile phone and an app with a Lightning wallet, and that wallet has some bitcoin on it as a store of value, and some U.S. dollars or digital euros or Chinese digital yuans on it as a medium of exchange. I think well see an explosion of developers focused on Lightning Network, said Wood. Die Lage ist sehr gut um von dort aus in der Umgebung wandern zu gehen (direkt hinter dem Gutshof gibt es ein Waldgebiet und einen Bach) oder Ausflge im Sauerl Our 2023 vacation rental listings offer a large selection of413 house rentals around Mhnesee Tower. ; The pair discussed ESG concerns, how they got into bitcoin, and why they believe it is . The suit also names MicroStrategy, the data-tracking company Saylor co-founded, as a defendant, claiming the company conspired to help Saylor evade the taxes. Defense Siren SuperYachtFan Private Jet Saylor owns a Bombardier Global Express Private Jet with registration N3877. The AG's office said it's seeking to recover a total sum of over $100 million in unpaid taxes and penalties. The Company was not responsible for his day-to-day affairs and did not oversee his individual tax responsibilities. Saylor, who oversaw the company's push into bitcoin, stepped down as CEO earlier this month. 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Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. I respectfully disagree with the position of the District of Columbia, and look forward to a fair resolution in the courts.. Wood was similarly sanguine about the rapidly growing payments technology. Michael Saylor's House. W hen Michael Saylor was a younger man, his good looks and cocky attitude drew comparisons to Tom Cruise.. And like Capt. 2 min read. In August 2022, To prevent automated spam submissions leave this field empty. WATCH: Watch CNBC's full interview with MicroStrategy CEO Michael Saylor at Bitcoin 2022. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. I dont hear talk about that here and havent heard much talk about hey, this is going to displace the dollar as the reserve currency of the world, said Wood. MicroStrategy Founder Michael Saylor Loses Court Bid to Dismiss DC Tax Evasion Claims The court did dismiss claims against the company and Saylor that they conspired to violate D.C.'s False . Tweet. . Court filings show that 97% of its customers, representing 98% of total claims, had voted in favor of the deal, though it has found less favor with regulators. Although MicroStrategy is based in Virginia, Florida is where I live, vote, and have reported for jury duty, and it is at the center of my personal and family life.. Growing up, he lived on multiple Air Force bases. Villa Vecchia in Miami Beach, FL is a historic home currently on the market for $19.8 million. Hear Alex Thorn share his take on "Bitcoin and Inflation: Its Complicated at Consensus 2023. Tesla Stock Is More Popular Than Ever Among Individual Investors, Mortgage demand from homebuyers drops to a 28-year low, Close Ally of FTX Founder Sam Bankman-Fried Pleads Guilty to Fraud, Vice Medias $30 Million Loan is the Latest Warning Sign for the Troubled Company, Bidens billionaire tax is dead on arrival in Congress, top Wall Street backers and Democratic strategists say, Meta shares rocket 23%, one of the best days in over a decade, Mortgage rates drop to the 5% range for the first time since September, The IMF's improved economic outlook won't change the plans of central banks, The Federal Reserve is likely to hike interest rates again. Michael Saylor amassed a multibillion-dollar fortune, splurging to combine three Georgetown penthouses into a palatial 7,000-square-foot residence, snapping up a 154-foot yacht dubbed Mr.. The Company was not responsible for his day-to-day affairs and did not oversee his individual tax responsibilities. Please use our search bar to access the selection of vacation rentals available. The cryptocurrency was trading around $29,700 as of 4pm eastern standard time. His fortune swelled during the 1990s dot-com boom, but was wiped out in the wake of an accounting scandal, in which the Securities and Exchange Commission alleged Saylor and MicroStrategy had "materially overstated its revenues and earnings." Travel news, guides and tips for anyone looking to get away. The Debt Ceiling Time Bomb Is Ticking Again. Along the way, Saylor migrated some of his social life to Miami Beach, Florida, where he purchased an 18,000-square-foot mansion dubbed "Villa Vecchia" and was known to dock one of his multiple . Public Data Digger does not provide consumer reports and is not a consumer reporting agency. Store of value its always been there [for bitcoin]. The CEOs of MicroStrategy and Ark Invest respectively, Saylor and Wood have long been seen as leaders in the traditional finance world's embrace of bitcoin. CoinDesk journalists are not allowed to purchase stock outright in DCG. Pin. The complaint was filed under seal but made public on Wednesday. Saylor served as MicroStrategy's chief executive officer from 1989 to 2022. The ruling did dismiss claims that Saylor and his company conspired to violate Washington D.Cs False Claims Act, which is a federal law that holds persons and companies liable for defrauding governmental programs. Close. Amid Crypto Plunge, Longtime Bitcoin Bull Michael Saylor Falls From Billionaire Ranks (Forbes), Michael Saylor Bet Billions on Bitcoin and Lost (Wall Street Journal), Microstrategy Bought Bitcoin In 2Q As Tesla Was Selling; Saylor Steps Back (Forbes). Join AllSides to read, share 11:46 AM - 15 Apr 2021 483 Retweets 2,635 Likes MIAMI MicroStrategy (MSTR) CEO Michael Saylor and ARK CEO Cathie Wood gave a number of reasons for why they think bitcoin (BTC) will continue to gain adoption and increase in price in a chat at the Bitcoin 2022 conference here on Thursday. Trump is scheduled to give remarks focused on education policy at 6:15 p.m. at Davenport's Adler Theater. Saylor said in the statement: A decade ago, I bought an historic house in Miami Beach and moved my home there from Virginia. Fast, informative and written just for locals. Washington, D.C., Attorney General Karl Racine said Saylor has resided in the nations capital for over a decade but has never paid any income taxes, claiming Saylor legally owes tax payments on hundreds of millions of dollars of income. That mega bet is now underwater. Data is a real-time snapshot *Data is delayed at least 15 minutes. From 76 house rentals to 330 condo and apartment rentals, find unique vacation rental for you to enjoy a memorable stay with your family and friends for a long holiday or a weekend break is on Vrbo. Head to consensus.coindesk.com to register and buy your pass now. Saylor said in his statement that he bought the Miami Beach home a decade ago after moving from Virginia. Whether youre traveling with friends, family, or even pets, Vrbo vacation homes have the best amenities for hanging out with the people that matter most, including pool and outdoor grill/bbq. But Im sure as the elections evolve, someone will raise that as an issue.. Search By Address; Reverse Phone; Help; About; Michael Saylor, Miami Beach, FL 6630 Indian Creek Dr, Miami Beach, FL 33141 Tel: 703-714-7097 Email: m-saylor . I cover breaking news with a focus on markets and sports business. D.C. Attorney General Karl Racine accused tech billionaire Michael Saylor of evading $25 million in district taxes in a lawsuit filed Wednesday. Washington, D.C., sued the analytics firm MicroStrategy and its former billionaire co-founder Michael Saylor on Wednesday, alleging Saylor and the company colluded to hide taxable income from the districtaccusations both MicroStrategy and Saylor denied. Racine said the law also enables the court to levy a punishment up to three times the amount of taxes evaded, and that between the unpaid income taxes and other penalties his office is seeking to recover from Saylor and MicroStrategy, damages in the case could amount to more than $100 million. That investment is now worth $2.6 billion as bitcoin is worth about $20,000, more than 70% off its peak of $67,598.54. You come here and tell me that I should stop everybody in their tracks because you might have an issue, Wiles said, addressing counsel for the SEC. Dont miss out on how smart money is playing the crypto game. Counsel for Voyager told the court that the deal could see creditors achieving 73% recovery, a revision upward thanks to the recently bullish crypto market. By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. aims to slash credit card late fees to $8, Americans struggling to make car payments is highest since Great Recession, MicroStrategy CEO Michael Saylor loses case to dismiss claims that he failed to pay personal income taxes, Divided Coverage of Backlash to Hershey Women's Day Advertisement, Nikki Haley Pushes For 'New Generation' of GOP Leadership at CPAC. Saylor founded MicroStrategy in 1998 and served as its CEO until earlier this month when the publicly traded company announced that he would take on a new role as its executive chairman. Nor did the Company conspire with Mr. Saylor in the discharge of his personal tax responsibilities.. Welcome to the Cocaine Bear superstore. "I think Bitcoin is the most efficient use of energy the human race has come up with.". House District: 113 . "It returns rationality to the political system and freedom and property rights to the human race". By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, Headlines: Top Stories of the Week 02-27-23, The Hole on the FTX Balance Sheet Remains Gaping, Bankman-Fried Should Have Only Flip Phone, Website Whitelist, DOJ Says, With Congress Impotent, Courts Are the Only Option for Fighting SEC Overreach, envisions bitcoin reaching $1 million by 2030. MacKenzie Sigalos contributed to this story. Der Garten ist komplett eingefriedet, jedoch nicht sehr hoch (fal Es war super gemtlich in der Ferienwohnung und wir haben uns sehr wohlgefhlt. The complaint alleges that Saylor purchased the Georgetown property in 2005 before buying two adjoining penthouse units, combining them into a single residence Saylor calls Trigate, and also purchased a penthouse unit in Adams Morgan. Saylor and MicroStrategy ended up reaching an agreement where Saylor's salary would be reduced to a nominal $1, the lawsuit claims, in order to reduce the risk authorities would discover the alleged scheme. The securities regulator said the $1.02 billion deal should be blocked, 97% of its customers, representing 98% of total claims. When asked about his bullishness on bitcoin, Saylor said he no longer believes in his previous investments. Wir haben gekocht, Gesellschaftsspiele gespielt, sind trotz Regen wandern gewesen. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. The lawsuit, which Racine filed Aug. 22 in D.C. Superior Court, alleges that Saylor has for years fraudulently claimed to be a resident of lower-tax jurisdictions despite living in a 7,000-square-foot penthouse on the Georgetown waterfront. It fixed government," he said. Have you heard that MicroStrategy CEO Michael Saylor is into Bitcoin? Discover a selection of 413 vacation rentals near Mhnesee Tower, Mhnesee that are perfect for your trip. Here are their 12 best quotes from the event. U.S. Bankruptcy Court Judge Michael Wiles appeared heavily skeptical about an attempt by the Securities and Exchange Commission (SEC) to stop a purchase by Binance.US of assets of defunct crypto lender Voyager Digital at a Thursday court hearing. Saylor has been on the front lines of the controversy surrounding Elon Musk's criticism of bitcoin's energy usage. Ideal fr fr Hunde. Saylor, who was worth $1.6 billion at the beginning of March, saw his net worth drop below the $1 billion mark on Wednesday, according to Forbes estimates. Still, the AG alleges, Saylor continued to benefit from "fringe benefits" with a "high cash value," such as use of the company plane. The district law incentivizes whistleblowers to report tax fraud and allows the court to impose penalties up to three times the amount of the evaded taxes, according to the AG's office. In der Wohnung ist alles vorhanden was man braucht. The transformation of value in the digital age. MicroStrategy is headquartered in Tysons Corner, Virginia, a Washington suburb. Conservative Rebels Have an Agonizing Choice on the Debt Ceiling, Big Banks Set Aside Billions as They Brace for a Downturn, Goldman Sachs is laying off as many as 3,200 employees this week, World Bank warning: Global economy is at risk of recession. Here is how much some of cryptos wealthiest billionaires have lost during the recent market sell-off. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. Saylor Yacht Harle He is the owner of the yachts Harle and Usher. Saylor, who was worth over $2 billion in 2020, lost his billionaire status in May as bitcoin and MicroStrategy shed value. DISCLAIMER: You may not use our service,this website or the information it provides to make decisions about consumer credit, employment, insurance, tenant screening, or any other purpose that would require FCRA compliance. Eva Marie Uzcategui | Bloomberg | Getty Images, Watch CNBC's full interview with MicroStrategy CEO Michael Saylor at Bitcoin 2022. Racine alleges the company conspired to help Saylor evade the taxes. Michael Saylor's House (Google Maps). Secure your seat today. The suit alleges he did not pay income taxes in D.C. at any point between 2005 and 2021, despite social media posts over the years that indicate he lived in D.C. and considered it home. "I guess I lost faith in all of my traditional investments," Saylor said. In today's video clip we cover the Bitcoin maximalist himself. How Ethereum's evolution impacts crypto markets. Battery fire on Spirit flight to Florida sends 10 to hospital. Michael Saylor on Twitter: "Would you rather mortgage your house to buy #bitcoin or sell your bitcoin to pay off the mortgage on your house?" Michael Saylor @saylor Follow @saylor Would you rather mortgage your house to buy # bitcoin or sell your bitcoin to pay off the mortgage on your house? Racines office said it independently investigated the tax fraud allegations and intervened in the whistleblower complaint, filing its own lawsuit against Saylor and MicroStrategy. The complaint further alleges that MicroStrategy, despite knowing Saylor was a D.C. resident, conspired in the scheme instead of accurately reporting his address to local and federal tax authorities and correctly withholding District taxes. Both Saylor and MicroStrategy issued statements on Wednesday, denying the allegations in the suit. Nor did the Company conspire with Mr. Saylor in the discharge of his personal tax responsibilities. The biggest crypto news and ideas of the day. What financial advisors need to know about crypto. A judge has dismissed part of a major lawsuit by D.C.'s attorney general that sought tens of millions of dollars from a former tech CEO and bitcoin investor who officials allege failed to pay . Vrbo Canada has 76 Houses near Mhnesee Tower. "I think that crypto is a living creature. Opening & closing timings, parking options, restaurants nearby or what to see on your visit to Michael Winkelmann? Be a smarter, safer investor in eight weeks. Beginning in 2012, according to the complaint, Saylor purchased a home in Miami Beach, obtained a Florida drivers license and registered to vote there despite living primarily in D.C. The home was built in 1928 by architect L.M. Michael Saylor and Cathie Wood speak at Bitcoin 2022 in Miami. Share Background Report Overview of Michael Jerry Saylor Lives in: Miami Beach, Florida Phone: (703) 714-7097 Age: 57 Gender: Male New York partially banned cryptocurrency mining. Check restrictions. In an. Get this delivered to your inbox, and more info about our products and services. This will be the missing link in terms of use case. Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy's balance sheet as part of an unorthodox treasury management strategy. We've released life in cyberspace.". Schlafzimmer allesamt sauber und bieten genug Stauraum fr die Kleidung. The ruling did dismiss claims that Saylor and his company conspired to Sehr nette und hilfsbereite Vermieter, Lage in der Nhe von Einkaufsmglichkeiten und der Altstadt sehr gut, ausgezeichnets Preis-Leistungs-Verhltnis und in der sehr gut gepflegten und sortierten Wohnung hat es an nichts gefehlt! This guy is so convinced in the ''power'' and ''value'' of bitcoin, that he is advocating his followers and. USD M2 at that time increased by an average annual rate of 7.4% If you live in the CPI, however, tHeRe Is nO iNfLaTiOn!" I think every crypto exchange, if theyre going to remain viable and competitive, they need to build Lightning into their exchange, said Saylor, citing Kraken and Cash Apps recent announcements about incorporating the Lightning Network. Get The 7 DMV newsletter in your inbox every weekday morning. Subscribe to our premium newsletter - Crypto Investor. Speaking to a packed house of the bitcoin faithful, who gave the pair a standing ovation at their introduction, Saylor and Wood laid out several political and technological reasons for their optimism about the worlds biggest cryptocurrency by market value. Nelson Wang is CoinDesk's news editor for the East Coast. The $30 million yacht is owned by tech mogul Michael Saylor and is available for charter for $200,000 a week. Few companies have hitched their wagons to Bitcoin as Microstrategy has. Saylors is not the only crypto fortune to plummet amid the market sell-off. Ebenerdige Dusche alles sehr sauber und gepflegt.Auch fr den Hund ist an alle Es gibt nicht so viel zu schreiben, alles war einfach super. Shares of MicroStrategy were down more than 6% Wednesday afternoon on the news. Florida business records list Fleet Miami's parent company as Aeromar Management, a firm incorporated in Delaware in April 2007. Wir waren mit unserem Dackel dort. 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A member of The Forbes 400 list of richest Americans in 1999 (then worth $840 million), the 57-year-old Saylor studied aeronautics and astronautics at MIT before founding MicroStrategy in 1989. The new lawsuit alleges Saylor failed to pay income tax he owed to the district starting in 2005. . Either way, you'll find a rental for everyone's needs. The Securities and Exchange Commission has warned it could involve the unlawful sale of unregistered securities, and the Federal Trade Commission said it was probing Voyager for deceptive marketing, while Texas regulators said creditors werent properly warned of legal risks. Washington, D.C., is suing billionaire tech executive Michael Saylor and his former company MicroStrategy for alleged tax fraud. UPDATE 1-US to announce new military aid package for Ukraine on Friday -White House. "Although MicroStrategy is based in Virginia, Florida is where I live, vote, and have reported for jury duty, and it is at the center of my personal and family life, he wrote. Barrett and sits on 1.85 acres. MicroStrategys average purchase price for Bitcoin was $30,700 per token. Sign up for free newsletters and get more CNBC delivered to your inbox. and understand all perspectives of today's news and issues. Know before you go COVID-19 travel restrictions, including testing and quarantine, are changing rapidly. It was no wonder then . I write about wealth, billionaires and their companies. MicroStrategy CEO calls bitcoin "most efficient use of energy". Prices start at C$55 per night, and house rentals and condo and apartment rentals are popular options for a stay near Mhnesee Tower. Ich komme gerne wie Ein wirklich schn gelegenes Haus das alles bietet was man braucht. Precinct Group: 0 . Saylor called Bitcoin the "apex" achievement of the human race, arguing it solves all the world's ills. Fleet Miami also continues its commitment to luxury and service on the land. Michael Jerry Saylor (age 57) is listed at 4821 Pine Tree Dr Miami Beach, Fl 33140 and is affiliated with the Republican Party. MIAMI, March 2, 2023 /PRNewswire/ . Saylor is the CEO of Microstrategy, which itself owns nearly 100,000 bitcoin. Michael Saylor is the co-founder, chief executive officer and chairman of the board of MicroStrategy Incorporated He is the executive chairman and a co-founder of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. Michael Saylor is the co-founder, chief executive officer and chairman of the board of MicroStrategy Incorporated. Like. Bitcoin 2021 is taking place in Miami June 4 and 5. Here are ten fast facts about this multimillionaire you should know: 1. The latest moves in crypto markets, in context. Shares of software company MicroStrategy, which Saylor cofounded in 1989, are down more than 61% in the last month, including nearly 30% in the last two days. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. To help with bookings, call our support phone number:1-877-202-4291. Wiles, who is with the Southern District Bankruptcy Court in New York, said he was "absolutely shocked" at the SEC's objection, saying it was asking Voyager to prove a negative with little guidance from the regulator. Saylor allegedly claimed to reside in Florida, which does not have a personal income tax, while actually living in several different homes around D.C., according to the lawsuit. The securities regulator said the $1.02 billion deal should be blocked because Voyagers token could constitute an unregistered security. The lawsuit builds on a similar complaint filed against Saylor by whistleblowers in D.C. Superior Court last year, which was unsealed Wednesday. The suit is the first to be brought under a recently passed law called the False Claims Act, according to Racine's office. The company says it will use the proceeds to . Save this article by becoming a member today! Billionaire tech investors Cathie Wood and Michael Saylor explained why they believe that the future is bright for Bitcoin adoption. On the political front, Saylor, whose company owns roughly $6 billion worth of bitcoin, said President Joe Bidens recent executive order directing various federal agencies to coordinate their approach to regulating the sector amounted to the president of the United States giving a green light to bitcoin., If I scan the last 100 years of history [and ask] when was the last time the president of the United States directed the government to embrace a new asset class, the answer is never, Saylor said. He described the order as Biden telling different U.S. agencies to get educated on bitcoin and figure out how to get it incorporated into the government.. Saylor allegedly claimed to reside in Virginia or Florida, which have lower or no personal income tax rates, while actually living in several different homes around D.C., including a penthouse apartment in the Georgetown neighborhood or on his yacht on the Georgetown waterfront or Potomac River when the apartment was undergoing renovations, according to the lawsuit. Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Thats how much MicroStrategy stock fell Wednesday following the lawsuit, and its $231.56 ticker is nearly 80% lower than its February 2021 peak. McLean, Virginia (VA), US. 3. Then youll see tens of trillions or hundreds of trillions of dollars all moving on Lightning rails secured [on] the Bitcoin network, said Saylor. The software company, which does not provide services in the cryptocurrency sector, has plowed over $4.5 billion into buying Bitcoin at the direction of Saylor, its CEO. The lawsuit is the latest in a series of unfortunate events for Saylor, who stepped down as MicroStrategys chief executive earlier this month after the firm bought over $1 billion worth of bitcoin in 2020, a move that proved costly to the firms bottom line amid the cryptocurrency crash. He also owns a mansion in Miami, named Villa Vecchia. Yes, you can select your preferred vacation rental with pool among our 28 rentals with pool available near Mhnesee Tower. The discussion was nothing if not a lightning talk of Bitcoin praise. War definitiv ni Es hat alles sehr gut geklappt. Civil charges were settled in 2000. It's kind of a weird objection..