Page 34 - Bit Coin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Taxes. it's completely within the law to use bit coin and you do have to pay taxes. >> can i go to a store right now and pay for something like bit coin? >> sure there's a lot of stores that accept bit coin. you mentioned the bit coin bowl. there is something called bit pay and they have point of sale systems. you can go to a store. like apple pay you put up a qr code and you send them bit coin. i bought a bottle of champagne online. >> do you guys trust this thing? >> i'm not sure what the legal argument is. my understand it would be illegal to start your own currency. this seems like its own...

Now, i think it will be difficult to shut this down. i don't think they will. they already said they're supporting it. >> i learned one thing at least, bit coin is not a coin. thank you for coming up on today. in our last hour larary king told us he would like to interview the head of isis. we will try to find out all we can about isis with the author. stay with us. it's never been better to wander because wherever you go, you'll find us doing everything we can, so you can. hey, gracie... you know how our family has... daddy and mommy... and me! yeah, that's right. pretty soon... you're going ...

It's what makes a subaru a subaru. is hillary too big to fail? all right. thanks for staying with us this busy saturday morning. ahead in the second hour is the hillary clinton e-mail scandal resonating with voters? more on all of the reaction. and the data on that in just a moment. also things went from bad to worse this week for the agent's charged with protecting the president. our white house correspondent is standing by. this may be the day i learn what bit coin is. maybe i'll fiebd out today. making no promises.

Type system. it exists beyond borders. so the legal argument is a little up in the air right now. you start to see invasion moving to jurisdictions that are more supportive of digical currency. >> is anybody trying to shut it down? >> in some countries. the biggest countries like russia. you've seen that. there is a bill on the books they want to ban digital currencies. a lot of countries like china have made it difficult to use it. china is a big digital currency trading. the wealthy elite were using bit coin to get moib out of the country. >> if you sink money into this are you at risk of th...

The wall street yurnl reporting bit coin raised $116 million to turn the digital currency into what the paper calls a phenomenon. we're told that more money that any bit coin tartup has ever raised. the company is keeping mum about what it plans to do with the investment. to be honest with you, i don't think i understand the plan even if they told me because i don't understand much of what i've been saying about bit coin. the concept of a digital currency baffles me. how should i use it? will i get arrests for using it? where do people keep their bit coin? are there bit coin collectors. i hope...