Page 32 - Bit Coin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jackson and his team are striving to change the world. with their startup company wealth coin. they would like to make a billion dollars while they are at it. >> this is a transformational new form of money. >> they are rehearsing a three minute pitch. in the morning they'll present it to hundreds of powerful investors. >> despite technological breakthroughs. >> you said that at the speed of light. >> let's break it down further. >> every time you said that, i still don't know what you are saying. >> let's break down that what? >> user flow. >> user flow. it sounds like you're saying use the f...

Start up to a room full of wealthy venture capitalists. >> good. i think we have two. are . >> in a world of hoodies, jackson likes to stand out. you from the area? >> oklahoma city. i moved out here about a year and a half ago. >> what kind of start up do you guys have? >> have you heart of bit coin before? >> i haven't. >> it's a crazy online frenzy. no one owns it. it's like decentralized. there is no government or bank that backs it. they invest in stocks and bonds and portfolios with bit coin. >> that's a uniformed currency. >> exactly. it brings out the happy anarchist in everyone. peo...

>> the camera crew and i are only allowed in on the condition we keep a low profile. >> hello, everyone, i'm the co-founder of pixel rep. >> i attended penn and studied a mix of business and it. >> we have 20 years of technology experience. >> i'm a bit taken back by how much the experience some of the other teams have. far more than jackson, stephan and simon. >> they won an oscar and developed software. >> from wall street. he has a math p h.d., and he's a genius. >> simon takes the stage. >> this is a new form of money. we set out for users to invest their bit coin. >> he may be less experi...

Wealthy venture capitalists. >> good. i think we have two. >> in a world of hoodies, jackson likes to stand out. you from the area? >> oklahoma city. i moved out here about a year and a half ago. i'm a co-founder of a startup. >> what kind of startup do you guys have? >> have you heart of bit coin before? >> i haven't. >> it's a crazy online frenzy. no one owns it. it's like decentralized. there is no government or bank that backs it. you startup lets anyone invest in stocks and bonds and portfolios with bit coin. >> that's a uniformed currency. >> exactly. it brings out the happy anarchist ...

Currency. this is the reason and it will be the reason that happens around the world that this will be used for criminal activity as opposed to necessarily always legitimate transactions. there are some advantages to bit coin in the sense that it reduces the cost of transactions, frictionless transactions. it still has a long way to go before it's legitimized. very small fraction. you don't get these big percentages. >> you talked me out of pouring all my money into bit coin. >> sorry. one more money theme, from "the new york times," passing on wedding gifts. young couples registering for ca...