this was, a big technological change in charles schwab corp. was going to invest aggressively. right now in your field everyone wants to talk about cryptocurrencies and schwab is not jumping on that bandwagon. >> cryptocurrencies are not something favorable right now because it really has, yes they have security but they don't have anything backing up the currency itself. you want to have full faith and credit of someone like the u.s. government would be pretty important to have for a bank or something. something that you can dream about and i own one bitcoin. i got it about three years ago. i got half a coin for my youngest son and a half of coin for my son-in-law making one coin. it was worth $16,000 that christmas and i think within six months it was 4000 so i lost 75% of the money of my so-called gifts. not a good place to be. i kept telling them this is not a good place to be. i think my son sold everything he had in terms of cryptocurrencies so anyway he's a sharp investor. i'm a stupid investor. i still on the coin. >> you will be okay. [laughter] spaeth chuck i can't rem

this was a big technological change and charles schwab corp. is going to invest aggressively. ield everyone wants to talk about the currency's in schwab is not jumping on that bandwagon. >> cryptocurrency is not something i'm in favor of right now because it really has no -- yes they have security but they don't have the backing of the currency so you want to have full faith and credit of somebody behind the u.s. government. it would be pretty important for a bank or something. this is something you can dream about and i own one bitcoin. i got it about three years ago and i have a have a clean from my youngest son and a half of point for my son-in-law making one coin. it was worth $16,000 at that christmas and i think within six months it was worth 4000 so i lost 75% of my so-called gift. not a good place to be. i kept telling them this is not a good place to be. i think our son sold everything he had terms of cryptocurrencies anyway he is a sharp investor. i'm a stupid investor. i still own the coin. [laughter] >> you'll be okay. i can't remember if it's the ninth or tenth yea