Detailed text transcripts for TV channel - FOXNEWS - 20130815:23:16:00
Coin. they report criminals are using the form of money for drug smuggling drug running and child pornography. not new information but a new report. tech experts say virtual currencies have grown in popularity in recent years. more folks use them for untraceable, online transactions. >> you can convert your real money to this virtual money. and i think people probably need to remember because i kept thinking about well, what backs it? you know, it's just virtual money. well, what backs real money? just a belief that it has some value. and what's happening very quickly with bit coins is that pe...