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>> who is we? >> i was with chris ruddy. >> chris ruddy will be joining us next on the show. >> we were at a table next to the president's. we went up to him and he started talking about the tax bill. the president obviously thinks he's the best spokesman and very proud of his tax bill. and started talking about it and said, this is all interesting, let's do this on the record. and he said, you know, okay, let me just finish eating lunch. he was eating a salad. and when he was done, he pulled me aside and we sat at a table just the two of us for a half hour talking. >> and a wide-ranging inter...

Undermine the special counsel investigation by going after, for example, the doj or the fbi. >> yeah, but i think president trump is someone who has now built up his reputation of being able to change his mind and not have to face that much pushback if he does that. he comes out to talk about finances and things outside the narrow view of collusion. i didn't know that he was looking at jared kushner. i didn't know he was looking at it that way. he wasn't looking for the investigation to go a different way. most sources i have spoken to say this investigation could go in multiple different dire...

Or certainly not be at war with north korea. >> all this happening not far from where we are in west palm beach with the lawn mawers starting up at the start of the show. thank you for talking loud over those. i want to get your reaction from th this, he talked about the absolute right to do what he wants with the justice department. but for purposes of hopefully thinking i'm boing to be treated fairly, i have stayed unininvolved with this particular matter. but you talked about hillary clinton and the e-mail investigation. what was your sense of what the said he had an absolute right. >> this...

Think? >> it's a misconception that nobody is running the show. there's no central authority running the show, that is true, but it's not just the wild west and completely out of control. there are -- there are protocols outline in the founding documentation and the software itself. the minors regulate the consensus by a 51% vote of those involved. the community does regulate it. in terms of it being the currency of all, i think the alt-right is appropriating bitcoin for itself when in reality, people conduct criminal transactions in cash all the time. and bitcoin is a little bit more convenie...

Or becomes more regulated, some people think, that will sort of defeat the purpose of the de-centralized currency. others say, it will also legitimize it. and if governments sort of give it their blessing one way or the other, just by saying we acknowledge and accept it and it is okay, or by regulating the way you may regulate a security, that brings bitcoin more closer to the mainstream financial system and makes it something more people can actually use. >> rick newman from yahoo! finance. always an interesting conversation when you're on the shochl thank y show. thank you, my friend. prom...