and the winklevoss twins who you also have a relationship with in terms of the local bitcoin and silicon alley community they're calling for this to possibly achieve market capitalization of four hundred billion which would make it on par with the largest of the stocks listed on the new york stock exchange like an exxon for example is that kind of the are you in the same camp do you think this is where we're going i think the outcome for because it is binary it's a highly risky investment right now it's either going to be a total loss of your principal or a fantastic return and actually on the website for the because investment trust it's because trust c.e.o. we actually outlined four different scenarios of upside for bitcoin if it was the size of western union if it was the size of pay pal it was the size of the monetary base of turkey and then the biggest one is five percent of gold and if you take five percent of gold. gold's about a seven trillion dollar asset class we're talking about you know returns of you know certainly you know well in excess of anything else out there yeah you mentio

something this is a bit more technical in nature but you are high tech investor and somebody in silicon alley in new york very well respected high profile names only get your take on this cody wilson who is of course the guy who brought us the three d. gun is launched along with his partner the dark wallet which they see as a conflict emerging between let's say one side are they validated coins this is an attempt by folks like matthew mellon another friend of the show to come up with a technology to validate so-called validate coins versus you know going down a more an arctic path we've only got about thirty seconds left buried you have a thought on this because it will follow the way that u.s. dollars are use there will be a well lit well regulated use and there's going to be illicit private use and i think ultimately both are appropriate and both you know it's really it's not appropriate to try to shut down one because i think you know because at its core is is an open protocol that anybody can use however they want to use it all right fantastic and second market thanks so much for being on

since twitter and square have moved in, the local residents now refer to this neighborhood as silicon alley. >> reporter: organizers say tech companies are getting corporate tax breaks and are driving up rent prices costing evictions in the midmarket and tenderloin areas. >> we want all san francisco residents to prosper but there has to be a place for working class people here. >> reporter: it's the organization that holds twitter accountable to their community benefit agreement to bridge the digital divide in the area made as part of the tax break. you can see the group outside twitter headquarters still protesting. this is actually a significantly bigger group than what we saw this morning. earlier we had them with the coffin that said rip affordable housing. and ironically it was pro mosted under the hashtag thrown out by twitter, promoted on social media. >>> actor patrick stewart of "star trek" fame and a boston police officer and a 9-year-old girl from marin county rang the opening bell early this morning. vivian harr raised more than $100,000 with a lemonade stand in fairfax to help

silicon valley. google but run a genetic at company. melissamer, runs yaho. alley pinkess married t mark.agazinays sicon valley, thanks tohe wives and identifies. thenny is more eye candy but stylish successful and sharp. you are re likely toee them power talking t a biness su. >> janet yeln will likely be confmed as the next fed chair. she gave testimony thursday, everything went fine. it was very clear, though, tt yellen believes strgly in t fed's actions to repair the ecomy through money and low terest tes. the stockarket loves that. the other is chegg. they ipoed at 22.5. they were at $9. yesterday they traded at $8.88. this is one o those situations ere you say if you don't want to be in on early on. >> you think it'soing to keep dropping? >> you wouldn't want to be part of it. >> it w good start. alys a nice start because it's friday. >> we love ouray area weekends. there is a lot happening. a lot to do for you and t little ones this weekend so stay tune temperatur mostly in the 40s and0s right now. temperatures are pretty chilly. and the stu is visible i san jose to start the day.