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And which has interestingly bled into the occupy wall street crowd. you know, that desire to again, take power away from the authorities. and they were crucial in kind of standing behind bitcoin when nobody really cared about it and sort of elevating it. elevating it in public discourse. and in that crowd, there is this sense legitimately that this is the thing that will bring governments down. that currency and the ability to print money is what maintains governments. but i think you're exactly right, that part of this experiment has been seeing what happens when you don't have any central in...

Priority. sadly sometimes it takes a report like this to be a real wake-up call for politicians. michael mitchell thank you so much for being with us. >> thank you for having me. up next bitcoin is going mainstream. didn't you hear? maybe that's how people can afford college. that's next. and questions the same asking. but that only resulted in improvements small. so we've got some ideas new. garbage can create energy. light can talk. countries can run on jet engine technology. when you look at problems in ways different you new solutions find. ♪ ♪ ♪ if you're looking for a car that dr...

Currency valued at almost 238 u.s. dollars per bitcoin. the decision by the new york stock exchange to add that index is a powerful endorsement of this new digital currency. it's used in gaming and to buy goods, it's also become a key tool for digital criminals involved in online drug deals and murder for hire plots. bitcoin may be here to stay. the majority of americans still don't know what it is. should be listening to our next guest. we're very happy to have "new york times" reporter nathaniel popper, author of the new book "digital gold the bitcoin and the inside story of the misfits and ...

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...

It is because of this mysterious guy, satoshi yakamoto. >> abby i don't mean to interrupt the segment but you mispronounced that name. >> we had an argument in the office that i was bad at pronouncing names. >> i thought we had bin laden again. >> good job. last one we heard from him was spring of 2011 when he then said he'd moved on to other things. is that even his name? >> well sitoshi yakamoto is the person at the paper who announced bitcoin and the software. the guy we're seeing on the screen there is one of the people who's been put forward as a likely candidate for sitoshi yakamo. most ...