Currency Alternative News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Card. you do need to link a bank account or cell phone. >> i just heard about this. >> charlie is an investor and the co-founder of exchange bit instant. he admits the currency has a reputation to overcome. >> in the beginning bitcoin was i would say over 80% volume was for illicit activities, drugs, things like that, fake i.d.s. >> the boost of popularity came on the heels of the crisis in cyprus where people had little access to traditional banking. some say bitcoins would have offered a workable currency alternative. >> you may not want to take your real cash out of a real bank just yet, th...

Net. >> the virtual coins are bought and sold through a limited number of online digital exchanges like mount gox. you can't buy them with a credit card. you do need to link a bank account or cell phone. >> i just heard about this. >> charlie is an investor and the co-founder of exchange bit instant. he admits the currency has a reputation to overcome. >> in the beginning bitcoin was i would say over 80% volume was for illicit activities, drugs, fake i.d.s. >> the boost of popularity came on the heels of the crisis in cyprus where people are little access to traditional banking. some say they ...

>> reporter: they're bought and sold through a limited number of online exchanges. you can't buy them with a credit card, but you do need to link a bank account or cell phone. charlie shrem is an investor and co-founder of exchange bid instant. he admits the currency has a bit to overcome. >> roads, things like that, fake ids. >> reporter: the boost in popularity came on the heels of the crisis in cypress where people are little access to traditional banking. bitcoin would have offered a workable currency alternative. you may not want to take your real cash out of a real bank just yet. there a...

i'm christine romans along with my friend, carol costello. >> happy day before friday. up first this hour, iraqi officials honoring the service and sacrifice of u.s. and coalition troops as well as their own. special ceremony at camp victory overnight. vice president biden was on hand. the event coming just weeks before american troops complete their withdrawal from iraq. cnn's martin savidge live in baghdad. we were hoping you could attend that ceremony but you could not. >> reporter: good morning to you, carol. you are right. we were told about 12 hours before that ceremony was to ...