. >> the idea i'm thinking about -- dominant site in the early web, lycos will be the future of the worldrnet was the exciting thing. the technology might be. >> it's like html. it is a markup language for currency, like html is a markup language for the world wide web. the notion is powerful that it is a platform, getting all wrapped up in what happens in the day-to-day bitcoin prices. >> to what extent -- for me, and i think for most people, when they really start to dig into what bitcoin is, they walk away from those meetings thinking i will take a couple bitcoins, too. when the personal wealth of so many people in the ecosphere is getting crushed, what is that -- does that do to the development plans of those people? >> tim or barry silva, or even the winklevii, who were investing in it as a speculative currency, that is a different proposition than what fred wilkin is doing at union square. they are investing in block chain as a technology, kind of like html, that supports these kinds of much less costly transactions spread across geography and time. i don't think what is happening w