Detailed text transcripts for TV channel - MSNBC - 20150527:19:47:00
Be legitimate, to be on par with what we take for granted, which is currencies that are from governments? >> well, i think first of all it's going to be a long time before that happens. but what bitcoin needs is what any money in the world needs, and that is confidence of the people using it. the willingness of people to accept it. and that's been one of the great things about this bitcoin experiment is that it's sort of been this reminder that all money is in some ways now digital money. it just exists on ledgers on a computer. and the question of whether it is successful is a question of whe...