brad garlinghouse, the ceo of ripple. ripple has gone up and down with the market. take a listen. ady seen markets bounced back some. i don't follow it day to day. the peak of the market the total asset class was $800 billion. a drop down to $300 billion. it is back to $450 billion or so. that is a ton of volatility. my counsel for anyone following these markets is don't follow the day today. if you believe this is fundamentally a movement that is changing the nature of a new asset class, then measure it over months and years, not day-to-day. >> ripple was doing really well last year. there is talk about it being a the next bitcoin. is that a benchmark for you? brad: i don't think it is one-size-fits-all. i think bitcoin increasingly is digital gold and it is a store of value. bitcoin is not going to solve the payments problem. the time it takes to confirm a bitcoin transaction is three to four hours. per transaction, these are $15 fee per transaction. that is faster than thrift. in contrast, xrp is a thousand times faster and cheaper. it is a fraction of a cent to confirm a transa

emily: my conversation with brad garlinghouse, ceo of ripple.ympics are off to a roaring start. complete with medals. while authorities have yet to name a suspect, it underscores the ever increasing need for vigilance in the face of future attacks. this ceo at the technology conference to talk about the hack and what threats he sees. >> i've lived through four different waves or phases of cybersecurity. what i mean by that, we have modern nations engaging in cyber operations. nobody knows what the rules should be. what is off-limits, what is fair game? , secrets arenage in the media. fore are no repercussions cyber operations. it is hard to figure out who is doing it. a lot of times it is like a gray area. people do not know they're doing the wrong things in cyberspace. we are seeing a lot of attacks from nationstates against nationstates. i don't think the gloves will come off yet. there are different signals being set -- sent. emily: there are attacks that are ok? every nation needs to defend itself. every nation wants other nations secrets. t