Page 38 - Bit Coin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There's something called predictions.com. prediction.com was taken on the internet. it is pretty similar to intrade but doesn't have as much accidents. lun important distinction is that he uses bit coin. we love it and we love the idea of bit coin. but the part that we have a problem with is that we have learned from our own experience that regulatory avoidance isn't a good business model. >> it may work for a whirile bu then government will crush you. >> when awareness picks up people pay more tanks. >> thank you. as you said predictions exist because it takes in bit coins. that he is a new f...

>> i like bit coin. >> not nominated for an oscar. >> when we were on the short list it was an honor to be honored to be nominated. we are still up for a bafta which is the academy awards of evening land. over there they call it the bafta of america. >> how do you feel about documentaries in general? we have had this conversation. >> a documentary can never, ever represent truth. the weird thing is we covered everything as it was going on. there are no flash backs orie creations. now with technology we have on most brush strokes nine cameras. there is not a time he touches the canvas that is n...

Then painting a vermier. >> how much could he sell it for? >> i got a phone call from jack white and from david copperfield. they both said they would like to bid on the painting tim did. i have two people that want to buy this. he said i would never sell it no matter what. how much. >> throw me in the list. i start with 30 -- 30 bucks. >> i think jack just beat you. >> he is not much of a musician. >> i will go $32.50. bit coin. >> oh, $32.50 bit coin? so road two. do you have bit coin? >> we will talk later.

Ago. it was one in a long succession of attempt ed digical currencie. >> it's an internet currency that is limited and ought to protect you against the valuing dollars. >> it's currency and a payment system. very innovative. by comparison to the dollar, bit coin makes the dollar look like a dawn cere. there's been no improvement inure money in a long time. it's the currency for the digital age. it's more like physical property. the best thing is the government is not involved with it at all. it's a beautiful thing. the most implausible sort of currency. you know, if you had to ask me ten years...

John: that is from a web site called source fees. >> that parliament -- the parliament passed to give a ruling and they say it is private money ended allows them to bypass the tax implications we have not seen that guidance from the irs yet but i think we will. john: they will say it is okay? >> because private monday it traditionally has been if you think of the brooklyn box you can exchange private mini it is just the capital gains. john: i hope so because i bought some i looked at the price of bit coin since they have been introduced i wish i had bought them last year where they have apprec...