Over time, you'll probably see [value at risk] go up. Hopefully, we'll do it intelligently and we'll get paid for it.

Most disturbing is, since stored-value cards can be cashed out by an employee at the register at any time, an attacker could cash out altered cards obtained at little or no monetary cost. If a card is cashed out, its serial number does not appear to be invalidated in the system. If an attacker were to clone a known good card and cash it out, the clone would still be usable.

If you're comfortable with high risk, fine, ... But if you're uncomfortable with risk, you can't do without value.

We took a big risk that investors would see the value of our approach and participate.

The value to the community far outweighs the risk.

The hope was that it would reduce volatility, but this quarter it added to it. We lost money as opposed to making money on it.