john pfeffer joining us. you want to go right to what you were predicting at the conference and that is that bitcoin rise to no less than 90,000 and potentially as high as 700,000 what sort of time frame are you looking for and can you lay out the case for the bear case i guess if you want to call it that for 90,000 and the bull case which is 700 grand? >> well, sure. the bear case is zero. >> okay. >> listen, these are all -- people should think of crypto assets as a venture capital investment it could go to zero but there's a chance that they could be worth much more. in the case of bitcoin, the $90,000 price would be what it would be worth if bitcoin became equal to private gold bullion holdings, about $1.6 trillion of total value compared to 150 billion or thereabouts today. and, you know, it's a bet. it's a risk that i think is interesting and i'd being to take on the higher end you can get to higher values in bitcoins becomes a major currency countries take bitcoin into their reserves it could reach sev