Our guest this week is Lixin Liu head of hardware at Cobo and creator of Cobo Vault out of Shanghai. Lixin’s background in hardware and international product development made him Discus Fish’s choice when F2 Pool decided to get into the hardware and security game. We talk about building out Bitcoin hardware from the ground up, why it is valuable to the Bitcoin network to have increasing competition in the hardware product space, the difference between what Chinese miners and western retail users want in hardware products, trends he is seeing in institutional custody interest in Asia and more.