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Detailed text transcripts for TV channel - FOXNEWS - 20131230:06:28:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20131230:06:28:00

Every country your account cannot be frozen it is changing finances the way the web changes publishing. john: baby.fz how bit coin works it is hard to get your brain around >> you first have to understand bit coin is not only one dash owned by a company or controlled by anybody or protocol like the web digital currency that you can exchange money with anybody in the world without the use of a third party like mastercard. john: you are creating anonymous computers? >> everyone that is part of the network contributes their capacity to discover new bit coin in day reconciles those transactions th...

Detailed text transcripts for TV channel - MSNBC - 20131204:14:01:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20131204:14:01:00

Stupid. in ukraine it looks like a cold war up rising stuck in a debate over democracy. we will go live to kiev for the latest. good morning from washington. this is "the daily rundown." coming up, a deep dive into bit coin and how it could fit into the world's phi national future. this is a wild new currency gaining steam online. let's get to the first reads of the morning. you can call the last month and a half for the republican party. after losing the last two contests after the shut down in the midst of a battle in the party, republicans clearly have the political swlj it comes to health ...

Detailed text transcripts for TV channel - MSNBC - 20131204:14:27:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20131204:14:27:00

>> i did a lot of work with him. he's out there. >> home office somewhere. he knows we have been talking about him. thank you both. still to come, everything you wanted to know about bit coin. steve mcman. bill clinton brings back his i didn't inhale quote. one of the gems in today's data bank. who was the last democratic medical doctor to serve in the u.s. senate. i had a lot of republican doctors in the senate. who is the last democratic doctor? the first person to tweet the correct answer will get the on air shout out. people don't have to think about where their electricity comes from. the...

Detailed text transcripts for TV channel - MSNBC - 20131204:14:43:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20131204:14:43:00

Skeptics and the proponents don't believe it. dollar held up pretty well. >> on bit coin, why do we need it? we have pay pal and different ways. i don't see how it speeds up electronic transactions. we have ways to do that and there plenty of shadowed countries around the world that you can do. why do we need bit coin? why do the thieves need it? >> looking at bit coin as a currency today, tony hit on something exactly right. there is a limited supply that means people are incentivized to hoard them and not spend them. when you get beyond the use as a currency and start thinking about it more ...

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Detailed text transcripts for TV channel - MSNBC - 20131204:14:45:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20131204:14:45:00

How are they going to do it? >> this is one of the interesting parts of the story. you would expect the government to clamp down on this, but as we saw in the hearing a few weeks ago, a lot of federal regulators beyond not really knowing what it is, once hay learned what it is, they are open to the idea. >> why? >> a lot of it has to do with once you integrate bit coin into the global economies and it's a known entity, it's easier to tax, for example, to regulate transactions and the treasury department said that financial institutions should be treated the same way as if they use bit coin as ...

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