same conviction about the internet they did not have tried and true managers like guys like brad garlinghousening these entities so we are going to have peaks and troughs as far as the valuations of the crypto assets but some of these organizations like his are here to stay. >> and the second point about fidelity that brings back regulation. fidelity is coming in when there's regulation they have to >>> switching gears, blackberry getting a boost today. dan, break it down. >> let's talk about blackberry, talking about the '90s here. >> can you push guy out of the way. happy women's day. here's the deal, call activity went berserk and overall options activity was four times average daily volume 90% of that was in the call. there was news the company is going to sue facebook over their messaging patents and this is a company that actually successfully sued nokia a few years ago, got $800 million settlement they have a great balance sheet, $2.5 million in cash on a $7 billion market cap so some investors are saying hey, listen, these guys aren't growing sales, they have no earnings but maybe the

because of breaking news out of the white house we didn't get to our interview with brad garlinghouse and that sparked absolute outrage all over twitter or what we like to call the ripple effect. luckily our own brian kelly was able to sit down with garlinghouse after the show and he asked him about ripple being wall street's favorite crypto here's what he had to say. >> early on, ripple, the company took the point of view how do we use xrp to solve institutional mixed case it's really been to solve a big problem around how payments flow across border for banks, for payment riders. we've been very fortunate by focusing on that segment and signing up over 100 customers now ranging from some of the largest banks in the world to small banks. wall street is responded because people recognize at the end of the day any digital asset is only as valuable as the problem its solving. if it's just speculative over the long-term it's not going to work out well. >> how have you got wall street executives comfortable because you have them saying -- firms saying you can't buy bitcoin and they're say

and brad garlinghouse, the ceo of wall street's most beloved crypto, ripple, will join us to talk the next bing thing for that coin xrp. i'm melissa lee. you arrived in crypto heaven the original bitcoin baller himself and dan nathan, a consultant for credit sweeuisse. a volatile day started in d.c. and much talked about here at the conference and, of course, the big driver of the volatility, talk about a possibility trade war. >> right part of this conference we're talking about is what do you use for a hedge. we talked about the hedge last week is that potentially cryptocurrencies can serve as that but the theme was we are in a period of time with all asset classes, stocks and bonds, where volatility is going to increase and obviously that's what we saw today. >> it's interesting when you think about the last few years when equity volatility was so low. we saw a lot of volatility in other risk asset classes, we saw it in currencies and commodities. that's where the hedges got you killed it was a drag on performance against equities what quietly happened in '16 and '17, the hedge tha

biggest names in the space, john burbank, passport capital chamath palihipitiya, ssiff hirji and brad garlinghouseu most excited to here from, the person's whose name i butchered? >> no, listen i i think the conference in general what i'm excited about. in new york we focus on investing. out here it will be about blockchain the technology behind it john burbank interested in hearing. so it will be difficult than what we talk about everyday but fascinating stuff. >> when you think about it, this isreally focused towards bcs and talking about the blockchain tech, how disintermediate@ing. so i'm excited about panels on blockchain in the enterprise or just kind of making cross border payments or payments in general. those are the trends that will disrupt these large technology and financial incumbents for the next 20 years. >> if we're talking about blockchain and i'm long overstock and people don't look at it as a blockchain angle to play, what are your thoughts on t-0, the solely-owned subsidiary in overstock >> well, just for full disclosure, i love in general the space, i think that will be a big

tonight on "fast money," there was breaking news, gary cohen resigned we count get to the ceo, brad garlinghousenight at 5:00. >> i thought ripple was just a fortified wine that people used to drink p n not so anymore. >> or a chip >> i'm interesting in the fact the russell is up a half percent. may be worth paying attention to in an era of trade conflict, small caps, domestics might do better melissa. >> closing bell starts right now. >> this is video shot just a short time ago from right here in new york city where we are expecting a foot or more of snow the wind is really whipping up we've heard thunder, also. i'm michelle caruso-cabrera in for kelly evans smart enough not to come in today >> i had no idea this was happening today. i'm bill griffeth at the new york stock exchange expecting a foot of snow the dow is down 350 points at the low, after news