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Bitcoin has its own code. it's all these different computers around the world running the same code. if enough of them say the transaction is real, it's deemed as being real. jesse: i think i got it. but the computer code has become a currency that people trade and can invest. we had one of our producers explain what bitcoin was. he pulled up his account and he invest in 2017. he's my producer and the guy is cleaning up. i went to the bathroom and when i came back he already made 5gs. am i late to the bit cane game?

Bitcoin has its own code. it's all these different computers around the world running the same code. if enough of them say the transaction is real, it's deemed as being real. jesse: i think i got it. but the computer code has become a currency that people trade and can invest. we had one of our producers explain what bitcoin was. he pulled up his account and he invest in 2017. he's my producer and the guy is cleaning up. i went to the bathroom and when i came back he already made 5gs. am i late to the bit cane game?

Bitcoin has its own code. it's all these different computers around the world running the same code. if enough of them say the transaction is real, it's deemed as being real. jesse: i think i got it. but the computer code has become a currency that people trade and can invest. we had one of our producers explain what bitcoin was. he pulled up his account and he invest in 2017. he's my producer and the guy is cleaning up. i went to the bathroom and when i came back he already made 5gs. am i late to the bit cane game?

Incentivizes them. we don't know whether jbs paid a ransom. a ransom demand was made. the company has said they're restoring from their backup servers. that's an indication maybe they were able to do it themselves, but this is going to continue. companies and countries have not figured out a way to deal with what is really a thriving criminal industry. >> by the way, a sophisticated one because they know the dollar figures that companies are insured to and then target their ransom payments to that. that insurance amount. they did it with colonial. >> they're modern pirates using computer code ...

>> you take out any bill, you will see a serial number on it. that serial number corresponds to some entry in a computer from the government. and bitcoin didn't. imagine if there was a code in the cloud somewhere. everybody's bitcoin has its own code. all these different computers around the world all running the same code. if enough of them say a transaction is real, it's deemed as being real. they are deciding this transaction is legitimate like the central bank. jesse: a computer code that people trade and invest. we had one of the producers pull