Detailed text transcripts for TV channel - FOXNEWS - 20130815:19:35:00
4,000 people. that's big deal for that company. >> shepard: the feds are starting to crack on so-called virtual currency, electronic money. they exist online only. unlike traditional currency, they don't have the backing of any country's central bank but folks use them to buy coats and cars and illegal drugs and guns, and because the b bit coins have in central server, it's impossible to track them or the things they buy. bitcoins were created in 2009 and have taken off. there are now more than 11 and a half bit coins in circulation and nearly 22 million bitcoin transactions today. originally ...
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