what bitcoin is is the end of reaction by thailand well no i think it's an overreaction from the way it's been reported including by bitcoin ltd the company that sells that accident exchange for bitcoin in thailand i mean the central bank of thailand really doesn't have any authority to ban currency or to ban bitcoin per se it does have legal authority to deal with the exchange rate movements with capital controls as bitcoin mentioned and with things that could impact the exchange rate of the body so right now what they're basically saying is we need more time to study what bitcoin is and if it has an effect on the thai baht on whether or not it's going to affect the exchange rate which is what they're really concerned about do you think there is now a faith that other countries will follow suit that way investigating the current seem all. of course i mean that's that's always been the worry about bitcoin bitcoin was great because it was anonymous it's not backed by a central bank it's comes about from this computer algorithm so it's a really good alternative to central banking it's an alternative to normal monetary policy and obviously governments are threatened by that central bank

dollars using the bitcoin system talent's the court by saying bitcoins were virtual and could be the basis for a fraud charge he filed r j peter all over when to me those who have no doubt bitcoin has real value. bitcoin. peak oil taro coins peter coin can see these are filling those developing the digital currency perhaps a little bunkers has the potential to be brilliant but we're still in the early days down the road i think it has tremendous potential and next years it can be you know everybody wants to convenience it's there it's in so-called spaces like this morning the kinks in the currency being ironed out by a dedicated inclusive group even holding a wedding within a digital then to care for and protect each other you're from. the developers may soon an unconventional group this is an incompetent currency not controlled by any government or central bank this peer to peer method of exchange grandchild it will take the stand there. like life cycle. every technology of every new technology hoping will use it first. sooner or later the customers will use however with one bitcoin currently being worth around seventy euro and only existing in cyberspace it's not really being

bitcoin as an alternative to major currencies the value of individual bitcoins hit a record high this april when it was being traded at over two hundred sixty u.s. dollars growing concerns over the effect bitcoin could have on the dollar prompted the u.s. government to investigate it earlier this month washington claims it could be used in criminal activity. but we've got everything you need to know about bitcoin on our website at the moment r t v dot com also online at the moment it's a site if i come true a dutch scientists found a way to read people's minds head to our website to find out how his invention plucks thoughts from your head. and also online healthy habits are hurting business as it rushes ban all night time boot sales means for the brewers have to find new ways to shift their beer all this more just a click away on r.t. dot com. flood levels in russia's far east surging and the now seven meters and rising soldiers and civilians are braced for that to get even higher in what are already the worst floods in the region for over two centuries now russia is not the only country suffering at the moment as you can see the amir river runs along the border with china which has also been

bitcoin may now be exchanged for other currencies within the banking system but he's put all of the reports from the capital of bitcoin ballin. well germany and particularly is one of the places in the world that has really embraced bitcoin as perhaps a new major player when it comes to world currency i'm currently stood on the floor of the trading floor of the berlin bitcoin exchange this is where the coins can be cool for cash it's a great growing of community here inside berlin and if they said guys like this dressed in the bowler hand to depict a traditional of the old london stock exchange they are holding up their thank you very much just how much they're selling their big coins for so this gentleman here selling one pick cotton for eighty five euro that's correct or incorrect ok well what you do is you pay your money you get your pick one that goes into a online wallet and starts yours then to spend how you will notify know just where because it's going here in berlin i'm joined by the organizer of this events are encouraging thanks very much for talking to me yes hello so in the what we've seen is from the german finance ministry that they've actually given their backing to big coin haven't they at the moment it'

bitcoins on your desk top as you gondolier software. it mimes the bitcoins in blocks, like 50 at a time but that takes a long time. or you can simply go to, like these md docs and put in your money, and get bitcoinsike in bulk. so, in a way, you can convert your real money to this virtual money, and the thing people probably need remember -- it kept thinking, what backs it? it's just virtual money. well, what backs real money? just a belief it has some value, and what is happening quickly with bitcoins, people are beginning to believe it has value. now we have a bar that's going accept bitcoins. that's the benchmark. once you can buy alcohol with money, it's real. you can buy cars. but i think the question is, sort of now that banks, now that regulators are taking a good, hard look at this, what really happened? and it's kind -- i know you said the big numbers, but there's so many average people, people who aren't into technology, have no idea what this is, and this critical moment where the regulators take a look, it could kill this thing. you have seen the value of bitcoins from years ago pennies for a bit-coin to $112 for one bitcoin, but it's all over the map. >> what are regulators doing her

bitcoin has been gathering steam and pushing its way to the main stream its value rocketed in april this year hitting more than two hundred dollars however bitcoin success is marred by where is it can be used to evade taxes and trade drugs and pornography law makers and says digital money should be brought out of the darkness and regulated both in the interests of the public and the virtual currency industry itself well economist mark fortan says the u.s. is just worried about the dollar. their stated objective. is to get these currencies these virtual currencies is that they may be used for illegal means or let me be used for tax evasion and money laundering purposes which of course does occur but they're also occurs with us currency which is the major currency were drug dealers and smugglers of all sorts so we have to look a little deeper here at these investigations and what we found is that of course the bigger credit card companies are concerned about because he is a competitor because it's cheaper and faster than their own services there's no fees involved and so they're concerned also the federal reserve the treasury are concerned that in the long run virtue occurred to me so when are some of the mean for the us dollar so the government is concerned about good quality and popularity at many different levels of feline currency has one official recognition with a us federal judge ruling it is real money a texas man being tried for laundering billions of dollars using the bitcoin system challenge the court by saying bitcoins were virtual and could be the basis for a fraud charge he failed artist peter oliver went to me those who have no doubt bitcoin has real value. taro coins beat coin can the scenes are filling those developing the digital currency perhaps a little bunkers has the potential to be brilliant but we're still in the early days down the road i think it has tremendous potential and the next few years it can be used by everybody wants to convenience it's there it's in so-called spaces like this one in bratislava the kinks in the currency being ironed out by a dedicated inclusive group even holding a wedding within a digital den to care for and protect each other you're from. the developers may soon an unconventional group this is an incompetent currency not controlled by any government or central bank this peer to peer method of exchange could run chanting it will take the stand there. like life cycle of every technology of every new technology hop

serial point zero one bitcoin and it would look like this actually we want to make it easy to use solution for down like to keep. in their daily life pay their daily life things with bitcoins like a pizza or a coke at a bar or something like that security online is a major concern for us all these days so developers are looking into a number of ways to protect consumers cash we already talk with some. security labeling companies. they will do some labels like with follow ground self destroy if you rip them off so we tried really to make a really secure sort of people that they can be sure. the point is. so they really can use it for trading due to the digital nature of corn and there's no limit to shade the physical appearance you can take you can stamp a q.r. code on it it will work just how easy is it to use you possibly your credit i start my char reader chose three to do and since this one was not claimed before i can just claim it's no it's not it's mine it's going from an obscure online for months to being talented alongside gold and silver is the only safe investments by those in the know because i. absolutely triumphed as the dollar has crash ninety per cent agains

bitcoin units can be bought by users and used for transactions with those who accept it thousands of small online merchants recognize bitcoin as an alternative to major currencies the value of individual bitcoins paid a record high this april when it was being traded at over two hundred and sixty u.s. dollars growing concerns over the effect that bitcoin could have on the dollar printers the u.s. government to investigate it this month washington claims it could be used in criminal activity. and go everything you need to know about bitcoin at our website dot com and also online for you it says something like come true dutch scientist has found a way to read people's and my is at our website to find out how his invention blocks brought forth from your head. hurting business says russia's ban on optical brews buying means for in the brews have to find new ways to ship their beer out all this and more just click away on our. they are the worst floods in over two centuries and russia is no and the only country is suffering as you can see the moon river runs along the border with china which has also suffered catastrophic weather since the beginning of summer already over one hundred are reported d

bitcoin right now a mere a mere what percentage of the world and trade is using bitcoin right now a mere go ahead you know in the you know in the states came in cyprus just recently to take it to take a it had calmed people spank accounts of the percent to buy a lot the banks every account over one hundred thousand euro a second right had taken a thirty percent and that's that is not i understand there's no that's not what i usually hear that's your view that's not as you said generally senators want to be of value. go ahead of me or in order for there to be a value to this in order for there to be a value there has to be people using it so my question again which you didn't answer i mean the doesn't it coin all the world if you think coins are you only one for joking but you can go right now and buy and sell because the market is is pretty fic and it's pretty liquid and is far more liquid actually than the fear of currencies because i can i have they shut down my bank account was lost why do you feel they don't answer my question on the banks why do you have and why are you going to answer my call i should've been using bitcoin to travel the world on for south america free europe i have not any problem not to use an a.t.m. i haven't had to use an exchange of not to use a bank so don't tell me there's no value in bitcoin because it's people are trading in london alone as over seventy different traders there are all different loads of businesses where you can go and buy sell because you can offer services on the internet you know my sister a year ago she was offering a paintings on life she was making hundreds of dollars just by selling digital paintings it's not it's not it's there and it's working it's not some fear ethical concept it's it's a market we've got we've got charts we call graphs market places and it's business is flourishing the whole doing great booming in fact faster than any other technology and. it's going to get to the early days of the even more you can see the going on here alright alright alright go ahead we're going to head into that i want to go to daniel go ahead ed. so the question a

bitcoin to the next level. we're working on a product that will help us tell banks and regulators where bitcoins are going and other companies in the space are working on similar things. >> what does a virtual currency like bitcoin the dollars in my pocket don't? >> well, you know, i think it depends who you are. from my standpoint, bitcoin's great because it's sort of like gold -- digital gold that's easy to use. for other people, you know, it's very easy to pay with. all and all, i think people using bitcoin five years from now won't know it. they will know money arrived to their friends in ten minutes. >> on wall street, if you're a bank, and you find out that someone on your network or at your firm has been doing something that is potentially questionable, you get a lesser fine or a lesser penalty if you bring that attention -- bring attention to regulators of that activity. first, you sort of air out whatever is going on. i mean, do you think that it's possible that you guys could go to regulators and say, listen, here's what's happened in the past, let's clean that up, sweep it under the rug, and move forward? >> yeah, i think, you know, we as a company are very much trying to follow that kind of path. i'm

bitcoin or reimbursement. inside a particular country like united states direct deposit works great, but if you're moving money between countries bitcoin is perct. so i will say that bitcoin for a subset of customers at reimburse international expense reports. not the majority of our business, but a growing part. international reimbursement is a big deal. melissa: what is the future of it and what should investors know about a? the future of bitcoin will be the future of the present-day gold. it will be aarket will there aae serious investors that want to buy its contract i and put it in their portfolio. sometimes people use gold as a currency, not o much in he first world, but elsewhere. the future is basically a future of more formalized and familiar internet banng in the form of bitcoin. melissa: thank you. appreciate it. >> glad to be year. melissa: next, the downfall of numerous relationships. should women japan on dates? news survey tting surprising results. we get some of our own on the streets of new yorkity hall in "spare change." you can never have too much "money." ♪ >> i would like to pay. i don't want to be called cheap, but i would -- if she insisted i would

bitcoin as a legal private currency transactions conducted in the virtual cash will be subject to sales tax in the country and bitcoin might now be exchanged for other currencies within the banking system is based on a reports now from the campus hall of bitcoin. it's a real step towards it becoming a universally accepted legitimate other option to state issued currencies now it is quite popular here in germany particularly here in berlin where if you go to some bars and restaurants you can actually pay for food and drinks there using coins as well as other online stores that accept them for just about anything else you can you can want to buy now what has actually happened by the german finance ministry they've declared that big calling is now unit of account what that actually means is it's not recognised as a an official currency but it is eligible to be taxed now that means that anybody speculating on because well if they sell them within one year of buying them they could be eligible for capital gains tax however that all sounds great for the tax man it may well be a lot harder than that sounds because of the actual nature of bitcoin it is a peer to peer online currency it would be very hard to track down just who was selling to whom for

bitcoin more like money unfortunately the regulators are trying to pound square pegs into round holes a lot of times now a u.s. judge recently said the i.c.c. can pursue a bitcoin related lawsuit involving a bit coin ponzi scheme and i just want to point out that it's not an allegation a big clean themselves or a ponzi scheme but there is an important precedent does suggest bitcoins could legally be considered money risa being part of a securities offering so i want to ask you to raise our bitcoins of money from a legal perspective. well we really have to get a little bit more precise in our definition there's money and legal tender and no big coins are not legal tender they're not currency or they're not funds what i think that the judge was getting at is the big coin is money in the sense of it's consideration it's something of value and it was handed over to the ponzi scam operator as consideration with this common expectation of an investment and you know whether you're contributing big coins or oranges from an orange grove or whatever and those are some other securities regs cases you know that's really what the judges are looking at here. not going to throw out the ponzi scam because somebody contributed something of value even though it wasn't legal tender currency funds and also this person operating the ponzi scam should be very careful about any potenti

bitcoin what percentage of the world is using bitcoin your sister uses which is great maybe one day i'll use it but in terms of it being widely accepted during a very uncomfortable time in the world economy is probably not today ok daniel go ahead daniel and i think again you know let's go to daniel let's go to dan you don't have any old age one of the few and gentlemen the gentleman plays i need to go to daniel ok grow over time yeah i mean daniel why is it important that you have separate hands because a nascent you know the size isn't as important right now the point is that right now with a technology you look at it as a network and the networks are growing increasingly you have more and more users the last two to six i saw showed the big point was larger than twenty or forty of the world's smallest currencies so it does have a large population use and it grows every day we see what what used to be something that was really. nice market where you had a small number of users and arcas libertarian kind of crypto libertarians who are obsessed with this now it's moved mainstream as a mirror said you have lots of businesses who are putting billions of dollars into new startups gentlemen i have to jump in here we have to go to a short break and after that short break we'll continue our discussion on bitcoin stayed with our to. leave the room. was. playing. you know how sometimes you see a story and it seems so. you think you understand it and then a glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm sorry welcome to the big picture . it is easy to. see. the mission in free accreditation free transport charges free the arrangements free. free. free. the old free blogs just plug in video for your media projects and free media oh god r.t. dot com. i've . been. welcome back to crosstalk where all things are considered i'm peter lavelle to remind you we're discussing big goings. ok daniel i'd like to go back to you in atlanta what's the tipping point for this thing to really catch on because do we have the global financial crisis a lot of people simply don't trust the financial system anymore. you know i think the tipping point will be is when we reach a critical mass and you know what that number is i don't think w

bitcoin may be exchanged for other currencies in the system. we have this report from berlin. >> germany and berlin is one of the places that has really embraced bitcoin as a new major player when it comes to world currency. i am standing on the floor, the trading floor of the berlin bitcoinexchange, which they come forward for cash. it is a growing community inside of berlin. guys like this dressed in the below hats -- the bolo hats like the traditional london stock exchange. this gentleman here is selling the one bit coin for 85 euros. you pay your money, you get your bit coin, which goes into an a one line wallet, uris to spend however you want. to find out where the coins are going in berlin, i am joined by the organizer of the event. thank you very much for joining us. >> what we have seen is from the german finance ministry they have given their backing to bit coin. >> it looks like that, and i think it is a great decision because it is clear it will never be illegal. hopefully they are setting a standard, saying we should not have too many rules but we should see how it develops. >> this is because bit coin has dan accepted as a unit of account by the german government. they have not said it is legal tender but it can be taxed, actually. why has berlin in particula

bitcoin and it would look like this actually we want to make it easy to use solution for down like to keep coins in their daily lives paid their daily life things with bitcoins like a pizza or a coke at a bar or something like that security online is a major concern for us all these days so developers are looking into a number of ways to protect consumers cash we already talk with some. security labeling companies they will as they will do some labels like with follow ground self destroy if you rip them off so we tried to make it really secure. people that they can be sure. the point is. so they really can use it for trading due to the digital make sure you could be calling there's no limit to the physical evidence you can take you can stamp a q.r. code on it it will work just how easy is it to use you possibly your credit i start my char reader. and since this one was not claim before i can just claim it's no it's not it's mine it's going for me. to being talented alongside gold and silver is the only safe investments by those in the know bitcoin. absolutely triumphed as the dollar has crashed ninety per cent against a bit as bitcoin is set to take on the world and root out the banks stirrers and if this continues pretty soon might not be only for nerds they could be the cash in all our pockets peter all of our t. bratislava slovakia. well you can find out more about the rebel turns these thorny past to recognition and more analysis on our web site as you surf and wind check out this is well if you're young and looking for sideline you can post messages on behalf of the israeli government and get paid for it they're recruiting youngsters and the cover agents you know to write statements on facebook and twitter to find out more on our team dot com right now. drone wars on american soil no surveillance this time find out on our website how the military plans to use the manned aircraft in the fight against mosquitoes. russian pole vaulting star you anisim by has stolen the international headlines once again this time not due to h

bitcoins hit a record high this april when it was being traded at over two hundred sixty u.s. dollars growing concerns over the effect of bitcoin could have on the dollar front is the u.s. government to investigate it earlier this month and washington claims it could be used in criminal activity. and of course ago everything you need to know about bitcoin a town website and also online for you it's a sign you find a country. scientist has a way to read people's minds head to our website to find out how he's away in the invention plant sterols from your head. and how the habit is hurting business as of russia's ban on night time booze sales sales means foreign birds have to find new ways to ship all this and always just a click away on aussie dot com. you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm sorry welcome to the big picture. the. economic up and downs in the final. day the longer the deal and the rest of the life it's going be hazy it will be every week day. you know what you know. live from moscow welcome back nearly seven months of refusing to being force fed and alleged abuse with no end in sight that's been the daily experience for many gone tunnel

bitcoin exchange, so it's de facto illegal there. which is problematic. however, the israeli bar association recently said you can use bitcoinel to pay attorneys. so the regulatory climate is kind of a wild west right now. i think regulators will have to sort of stumble their way through. >> wow. well, definitely an interesting area to watch. i know you're down the hall in the d.c. studio. i'll give you some of my homemade cash if you want to buy coffee in -- >> very nice of you, ari. >>> up next, a trip you won't want to miss, a trip down abby's road. it's a first and we'll be right back for it. replacing 1 fast-food dinner a week, saves your family of 4 over $760 a year. save money. live better. walmart. his dad knows he's not. that's why dad got allstate accident forgiveness. it starts the day you sign up. [ female announcer ] with accident forgiveness from allstate, your rates won't go up just because of an accident, even if it's your fault. call 866-735-9100 now. kim and james are what you might call...overly protective. especially behind the wheel. nothing wrong with that. in fact, allstate gives them a bonus twice a y

bitcoin based ponzi scheme worth millions of dollars are the speed oliver went to mean those working to make sure a bitcoin succeeds. it points. to peak oil in the. peach coin can see are filling those developing the digital currency perhaps a little bunkers has the potential to be brilliant but we're still in the early days down the road i think it has tremendous potential and the next few years it can be you everybody wants to coming into it seems so cold because spaces like this one in bratislava the kinks in the currency being ironed out by a dedicated in close knit group even holding a wedding within a digital then to care for and protect each other you're from. the developers may soon an unconventional group this is an incompetent currency not controlled by any government or central bank this peer to peer method of exchange can run chanting it will take the stand there. like life cycle. every technology of every new technology hoping to gets will use it first. sooner or later the customers will use however with one bitcoin currently being worth around seventy euro and only existing in cyberspace it's not really being cohesive with the high street until now are we make. dinner with nations of the coins like. some kind of five euro two euro one euro in that size which would be for example serial point zero one bitcoin and it would look like this actually we want to make it easy to use solution for down like to keep coins in their daily lives paid their daily life things with bitcoins like a pizza or a coke at a bar or something like that security online is a major concern for us all these days so developers are looking into a number of ways to protect consumers cash we already talk with some. by security labeling companies. they will do some labels like was followed around the self destroying if you rip them off so we tried really to make it really secure for people that they can be sure that's the point. so they really can use it for trading due to the digital nature you could be calling there's no limit

bitcoin have become so influential that they're now turning heads in washington the u.s. senate committee started a probe into what it calls an important emerging area that needs to be regulated online entirely decentralized bitcoins been getting momentum and pushing its way towards the mainstream its value indeed rocketed earlier this year picking up more than two hundred dollars up from almost zero when it was first introduced in two thousand and nine economist mark fulton told us washington wants to control bitcoin to ensure that it can't be used to hijack the greenback. their stated objectives investigate these currencies these virtual currencies is that they may be used for illegal means or leave me be used for tax evasion and money laundering purposes which of course that does occur but they're also occurs with u.s. currency which is the major currency were drug dealers and smugglers of all sorts so we have to look a little deeper here at these investigations and what we find is that of course the bigger credit card companies are concerned about bitcoin is a competitor because it's cheaper gas here than their own services there's no fees involved in so they're concerned and also the federal reserve the treasury are concerned that in the long run virtual currencies me so can are some of the demand for the u.s. dollar so the government is concerned about good quality and popularity at many different levels the alternative currency is one official recognition however with a u.s. federal judge ru

bitcoin lovers this week the moderate virtual currency was recognized for legal and tax purposes in the country bitcoin funds to bust into the global scene by going to sound and date after an enormous creative published a paper describing how the virtual currency should be operated since than it's been gaining more funds and momentum all across the world and is now accepted as thousands of small online merchants the value of individual bitcoins has a record high this april when the currency was being top rated at over two hundred and sixty u.s. dollars and i made a growing buzz that some day the greenback the american government decided to probe it earlier this month u.s. authorities claim the currency could be used for criminal activities ranging from drug smuggling to child pornography only reports now from the heart of the coin in . it's a real step towards it becoming a universally accepted legitimate but the option to state issued currencies now it is quite popular here in germany particularly here in berlin where if you go to some bars and restaurants you can actually pay for food and drinks there using coins as well as other online stores that accept them for just about anything else you can you can want to buy now what has actually happened by the german finance ministry they've declared that big calling is now unit of account what that actually means is it's not recognised as a an official currency but it is eligibl

bitcoin may now be exchanged for other currencies within the banking system all these people all of the reports from the capital of bitcoin berlin. it's a real step towards it becoming a universally accepted legitimate but the option to state issued currencies now it is quite popular here in germany particularly here in berlin where if you go to some bars and restaurants you can actually pay for food and drinks there using coins as well as other online stores that accept them for just about anything else you can you can want to buy now what has actually happened by the german finance ministry they've declared that big calling is now unit of account what that actually means is it's not recognised as a an official currency but it is eligible to be taxed now that means that anybody speculating on because well if they sell them within one year of them they could be eligible for capital gains tax however that all sounds great for the tax man it may well be a lot harder than that sounds because of the actual nature of bitcoin it is a peer to peer online currency it would be very hard to track down just who was selling to whom for tax purposes so that might not exactly work out how the state funds use it but what it is is official recognition for a currency that is growing in popularity in some countries are accepting big calling as this you new potential one state backed currency of course it can't be devalued or increased by any state by because there just isn't one that controls it it's all comes from the computers it all comes out of mathematics and it is therefore on regulated by any state authorities or some countries jumping on it like here in germany others like thailand well they're just not interested. big corn first appeared in two thousand and eight when an anonymous creator published a paper laying out his ideas on how the peer to peer electronic cash system should be operated since then the digital currency has gained popularity across the world thousands of small online merchants now recogniz

bitcoin as perhaps a new major player when it comes to world currency i'm currently stood on the floor of the trading floor of the pearl in bitcoin exchange this is where the coins can be cool for cash it's a great growing community here inside berlin and if they said guys like this dressed in the bowler hand to depict a traditional of the old london stock exchange they are holding up their thank you very much just how much they're selling their big coins for so this gentleman here selling one pick cotton for eighty five euro that's correct or incorrect ok what you do is you pay your money you get your break and that goes into a on line wallet and starts yours then to spend how you will now to find out just where because it's going here in berlin i'm joined by the organizer of this events are encouraging thanks very much for talking to me yes hello so in the what we've seen is from the german finance ministry that they've actually given their backing to that point haven't they at the moment it's it looks like that and i think that's a great decision because it brings clarity it's clear that it will never be illegal and hopefully they are they setting a standard and saying we shouldn't have too many rules but we should rather see how it develops just a clearly so this is because bitcoin has been accepted as a a unit of account by the german government that means they haven't said it's legal tender but that it can be made that it can be taxed actually and why do you think in particular has see as embraced bitcoin in such a way but we have many innovative people here from all over the world coming to do that but it has always been a place to try out new things i mean fit into the computer was invented a million so i think it's just natural that bitcoin is very strong here ok i did not know that the computer was invented in berlin they go so the latest in the crypto currency the coin it's being given in almost a green light by the german government and it's drawing people to exchanges like this in all. to try and trade them and get involved in big cooling and so it can reach out to more remote people around the world while pacesetters in germany are actively using the virtual kashmir oh was causing the netherlands some trouble housing crash rising unemployment and poor

recognize virtual bitcoins as legal tender valid for legal and tax purposes archie's host of venture capital k pilbeam now joins me with more katie what will change for germans using bitcoin now will the right about that it's legal means more transparency is it even i'm going to worry about breaking you know and i say that because since his introduction four years ago when pug's by these asians of money laundering drug smuggling there's been no no no actual case considered a tool but as i say it has had these accusations and it doesn't help the trust worthy of the coins that makes it more transparent it makes it more of a status symbol in terms of the quote but want to talk about taxes not significance of using on a personal level still tax free but businesses and corporations can use it for transactions and operations and they will pay. of course times as it is is positive news will decline for the current say and what does it mean more specifically for the company itself or yeah point really dumb is getting the rubber stamp of approval right herron being the so-called powerhouse of europe is a positive thing and willie doesn't set presidents come we imagine the other eu