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Detailed text transcripts for TV channel - FOXNEWS - 20171209:19:47:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20171209:19:47:00

>> it's curious to see how wall street pays attention to it, something that's tradeable, tangible, hedgable if that's a word, i think people are going to start paying closer attention to it. but the block chain technology is fascinating because you're basically saying, you can't -- you can't hack something that exists everywhere. julie: what's cool is you don't have to carry your wallet, you don't have to use credit card because you have the cash on your phone, so long as the restaurant takes it or a lot of participating restaurants involved? >> i see it in airport stores and big international...

Detailed text transcripts for TV channel - FOXNEWS - 20171209:19:48:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20171209:19:48:00

People into the gloibl economy because when you think about there's no physical currency you could go to a village somewhere in the middle of nowhere, hey, we are going to put solar panels on your roof with battery and it's, you know, .005 bitcoin to power your place a month and you trade apple for 50 bitcoin and suddenly you bring the ability to exchange goods for money to places that have never had that before so there's a lot to the story that i think we are just on the cusp of it. julie: i definitely think so. yeah, it's very interesting but i will stick with my debit card. >> go with cash...

Detailed text transcripts for TV channel - FOXNEWS - 20171209:19:43:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20171209:19:43:00

Value of a bitcoin rose 40% in 40 hours, year to date gain is now 1500% for the investment community, bitcoin is becoming mainstream. starting on sunday the chicago board of exchange will begin offering trading bitcoin futures, competing exchange will offer the same later this month nasdaq in first half of 2018, as for wall street, there's a mixed reaction, morgan stanley will wait and see, goldman sachs said it will trade bitcoin futures on a case-by-case basis but jpmorgan case jamie dimon says this is a fraud and he will fire anyone who trades it. deidre bolton fox news. >> what else can yo...