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, 68% 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