Appropriating Bitcoin News Today

Fund their plans? start off with the quick definition, explain what it is in two sentences. >> it is software maintained by thousands of the so-called bitcoin miners all over the world on thousands of different computers. it will basically allow you to make payments from person to person without going through a bank or financial institution. thats one of the reasons criminals like it. >> so there is -- the value of bitcoin is not a set number. it costs less than $1,000 in january and went up to ...

The question is, is the bubble going to burst or is the bubble getting bigger or getting bigger and then burst? and then nobody knows, youre seeing the headlines of bitcoin, and it can go to 100,000 or closer to zero. any of those things could happen. and more than one of those things, which is one of the reasons this is interesting, this a brand new system. we just dont know what is going to happen. >> you mentioned a dark side to it. why isis would be using it. how dangerous that is. >> im sur...

Think? >> its a misconception that nobody is running the show. theres no central authority running the show, that is true, but its 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, peo...

Y euphrates river valley, he warned the assad regime crossing over the line. he said, that would be a mistake. now, i followed up with him on the very question and said, look, are you warning them? is this explicit instructions to the russians and the assad regime? he backed away and said, they are not going to do it. you almost seem like you are talking a petition of syria and will have long nights ahead of them. >> a newsy morning there at the pentagon. thank you for those headlines. appreciat...

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. alw...

Roy moore is still, still not conceding to his opponent, even after the state election board officially declared democrat doug jones to be the winner of the special election. moore, who is set to be sworn in as alabamas next senator next year, filed a last-minute -- jones is set to be sworn in, moore filed a last-minute legal complaint arguing voter fraud causing him to lose the race. the alabama secretary of state dismissed the claims. moore has until tomorrow afternoon to ask for a recount on ...

Criminals is that at some point, if you want to transfer that bitcoin back into currency, then you do have to go through some element of the financial system. and i think it is worth pointing out, this woman in long island who supposedly was laundering money and bitcoin and donating bitcoin to islamic states, she did get caught because if you want to put bitcoin, take it out in real money and turn it back to real assets, you do have to deal with a financial institution. and that is where you can...