what does max levchin think? think that the comparison that people draw with cryptocurrencies and the internet is if you look at the 1990's, the internet was difficult and not user-friendly, and we are still finding out -- in the 90's, we were figuring out how it worked. i think there is something to the comparison, but i think it is one step even earlier. the applications have not been developed for cryptocurrencies. as they exist today, they are the building blocks, not of the web, but for communications protocols. i am very bullish, very long-term. i am staying out of the speculation, because i try hard to look at things that are meaningful, as opposed to up and down all day long. it will take some brilliant product people to come up with what it is good for. i remain neutral, but i love the different logic behind it. >> do you own any and if so what? max: i used to say, no, i don't, except one of my employees pointed out to me that a long time ago i accidentally invested in a company that paid dividends in bi