Detailed text transcripts for TV channel - MSNBC - 20150314:13:47:00
Taxes. it's completely within the law to use bit coin and you do have to pay taxes. >> can i go to a store right now and pay for something like bit coin? >> sure there's a lot of stores that accept bit coin. you mentioned the bit coin bowl. there is something called bit pay and they have point of sale systems. you can go to a store. like apple pay you put up a qr code and you send them bit coin. i bought a bottle of champagne online. >> do you guys trust this thing? >> i'm not sure what the legal argument is. my understand it would be illegal to start your own currency. this seems like its own...