jihan: after five years, i think bitcoin cash will be more than $100,000.under was speaking to bloomberg's tom mackenzie in beijing. next withetty are up the friday edition of "daybreak australia." taking a look at what is coming up with the next few hours, we have spent quite some time talking about this, the reported all the branch offered from beijing to washington. >> quite a big branch, $200 billion. in fact, alan bollard, we will be having him on and about 60 minutes or so, he is the apex secretary, and a lot of people in the market will know him, and he will be talking about where we go from here. the monetary policy perspective, how are the central banks looking at this moving target? do you preempted? or do you wait until it becomes disruptive. so you becoming on in about an hour. betty: looking forward to that iliad and we were talking about bitcoin at $100,000, i don't think equity markets will quite get there. the path of least resistance for he is a ciohigher, of a capital management company, he will give us his take on equity markets and why t

like intel samsung all these companies coming out with prototype chips and they're not as good as jihan stuff in fact just because he's been in the game doing specifically crypto related chips for so long nobody can touch him at this point right and people suggest that there's a potential to monopolize the mining with those guys but is that a fair statement are now really at the end of the day the brains behind the operation are employees and employees move from company to company and you see a decentralization of employees over the technology so there's always room for improvement and when the brains kind of get dispersed to different companies you see it in centralization effect there right now if people argue that because it's backed by nothing and you know mining is the energy intensive right so there's a direct connection there there's a one hundred percent correlation between how secure your block chain is and how much power you burn for proof or coins right. back by way it's backed by the security that you use your burning power to secure your chain and that's what is backed by b

like intel samsung all these companies coming out with prototype chips and they're not as good as jihan stuff in fact just because he's been in the game doing specifically crypto related chips for so long nobody can touch him at this point right and people suggest that there's a potential to monopolize the mining. with those guys but is that a fair statement are now really at the end of the day the brains behind the operation are employees and employees move from company to company and you see a decentralization of employees over the technology so there's always room for improvement and when the brains kind of get dispersed to different companies you see it in centralization effect there right now if people argue that because it's backed by nothing and you know mining is the energy intensive right so there's a direct was the connection there there's one hundred percent correlation between how secure your block chain is and how much power you burn for proof or coins right . back by way it's backed by the security that you use your burning power to secure your chain and that's what is bac