MARIA: WELCOME BACK, BITCOIN
FEVER RAGING CRYPTOCURRENCY
ANOTHER ALL TIME HIGH JOINING
THE REST AS WELL AS ASCENT OF
MONEY, NEIL GOOD TO SEE YOU
THANKS FOR JOINING US.
>> NICE TO BE BACK.
>> GIVEN YOUR WRITINGS IN
TERMS OF MONEY LOOKING AT
OVERLY FINANCE MINISTER
SERVICES SECTOR WE WANT TO
KNOW WHAT YOU THINK OF
BITCOIN.
>> NOT -- MANIA SORRY JAMIE
DIMON NOT RIGHT ANALOGY LOOKS
LIKE A CLASSIC BUBBLE ONE OF
OF 18TH CENTURY SEA BUBBLE
THIS IS A FINANCIAL INNOVATION
EVERYBODY HAS GONE CRAZY ABOUT
GO BACK 1719 TO 1720, COMPANY
IN LONDON MISSISSIPPI COMPANY
IN PARIS BITCOINS OF THE 18TH
CENTURY, BUT THERE IS ONE
LITTLE SNAG TO THIS ARGUMENT
THE REASON I AM NOT YOU KNOW
DESPERATELY SHORTING BITCOIN
THAT IS THE POSSIBILITY THAT
BITCOIN BECOMES DIGIT GOLD FOR
THE WORLD MILLIONAIRES A
CALCULATION IF 1% OF ASSETS
INTO BITCOIN PRICE SHOULD BE
16,000 DOLLARS NOT 16 OR
17,000, I AM NOT READY TO SAY
OI I THINK GOING TO CORRECT
GOING TO BE A REGULATORY
CHANGE, AND THEN HEADLINES
WILL BE BIT ONE I DOUBLE
BURSTS.
>> BUTT COIN ISN'T REGULATED
THE -- BITCOIN INDEPENDENT OF
GOVERNMENT, AND INFLUENCE OF
IT ONLY PART REGULATED IS
FUTURES.
>> THE WINKLEVOSS BARRIERS
HERE TWO DAYS AGO SAID WE ARE
REGULATED.
>> THE GOLD IS NOT REGULATED
GOLD HAS FUTURES DOESN'T
PRODUCE INCOME, IT IS A STORE
VALUE BIT COPY A STORE OF
VALUE.
>> IT IS ALSO TO REALIZE HOW
ICO MARKET THAT WILL SUFFER
SOME REGULATORY HIT PROBABLY
ONE SAFETY PREDICTIONS FOR
NEXT YEAR THE ICO MARKET WILL
CRASH THAT WILL HURT BITCOIN
ONLY WAY TO BUY IN IS WITH
BITCOIN -- PROBABLY DOWNSIDE
THERE YOU TRAVEL WORLD TALK TO
PEOPLE OUTSIDE UNITED STATES
EMERGING MARKETS LESS SECURITY
HOLDING SOME WEALTH IN BITCOIN
DID YOU FEEL FROM GOLD
DIVERSIFICATION THERE.
>> TRADING IT ALL THE TIME.
>>.
DAGEN: THE TROUBLE IS SO DO
BAR TENDERS ACROSS SOUTHEAST A
FRIEND SAID AND EVERY BAR I GO
INTO BARTENDER WANTS TO TALK
BITCOIN.
>> -- ABOUT I JUST USE THAT AS
AN EXAMPLE.
MARIA: I WENT TO FOR MR. YOU
HAVE THE SHOP THEY SAID MY SON
IS INTO BITCOIN EVERYBODY
TALKING ABOUT IT.
>> MY TEENAGER SON THREE YEARS
AGO TOLD ME SHOULD I BUY BIT
COUNTY TEENAGERS EARLY NOT
PARTY LATE COMEERS PEOPLE READ
BUT A FEW WEEKS AGO SURE SIGN
GET STUNNING WHEN CORRECTION
SEEMS SURELY WILL.
>> DIFFICULT TO SHORT BIT
KOUN, UNTIL RECENTLY YOU
MENTIONED SHORTING IT HOW DO
YOU DO THAT, WHAT EXCHANGE DO
YOU GO ON HOW DO YOU SHORT.
>> NOW THAT THERE IS A FUTURES
MARKET INTERESTING THING THAT
IT RALLIES TO UP THAT, SO
CORRECTS I AM SURE WE ARE
GETTING CLOSE TO IT FINANCIAL
HISTORY TELLS US THIS HAS TO
QUIT BIG TIME SOON
PARTICULARLY WHEN TAXI DRIVERS
TALKING ABOUT IT ON YOUR WAY
TO STUDIO, RIGHT.
>> YOUR THOUGHTS ON GLOBAL
ECONOMY YOU HAVE DONE A LOT
OFFO LOT ON CHINA.
>> BOOUG STORY KEEPS GROWING I
GOT BACK FROM CHINA DEFINITELY
GOING TO BE NORTH OF 6% A
LITTLE BIT, 6.8% THAT MEANS
THAT YOU CAN'T REALLY BE TOO
PESSIMISTIC ABOUT 2018,
ANYBODY TELLS YOU CHINA
THAN CHINA CRASH.
>> MAKES A LOT SENSE, GREAT TO