still with us around the table, jim bianco of bianco research.ew, he talked about that being a bubble, but he talked about it as a opportunity, to bid it up and carry on chasing. what do you think about that as a approach? jim: it is unlike anything we have seen. the closest analogy i have heard of was napster. when it came, it was a threat to the music industry. the industry minutes together and drove napster out of business. but was left behind was the peer-to-peer technology which eventually gave us spotify and the very thing the music industry was trying to avoid. in and there are over 1000 cryptocurrencies right now. one of them could take hold and in the future, this whole idea of a digital currency that is not backed by a government looks like it jonathan: is not going to disappear. -- looks like it is not going to disappear. jonathan: is it a currency? jim: a good question. they are so speculative in nature. it cannot be stored value if it loses and gains 20% a day. infancy,d of in its even though some of them are five or six years old. d