can i pay with bitcoin? despite the stomach turning swings, ever s managers say they are convinced bitcoins have real benefits for businesses and are here to stay. if everyone would use bitcoins, i would love that. i wouldn t have to deal with waiting for a credit card and it would be a smaller processing rate. people find a way to pay for a good drink one way or the other, but ever hopes his payment experiment will raise the currency s profile at least in this new york bar. let s talk about those stomach churning swings, christine. at the beginning of this year bitcoin was trading at $20. this week it hit $266 before tumbling. mount gox went offline, one of the main exchanges i would say, they handle about 80%, came back online, fell more. it has been very rocky since. clearly this is something that has a lot more volatility than a lot of other currencies that we see. we keep seeing headlines about the bitcoin millionaires, people early investors in bitcoin. my question is h
regulators and we are not in the wild west. can i pay with this for bitcoins? reporter: despite the swings, the managers say they re convinced bitcoins have benefits for businesses and are here to stay. if everyone would use bitcoins, i would love that. i wouldn t have to deal with waiting for credit cards. it would be a much smaller processing rate. reporter: people find a way to pay for a good drink one way or the other, but they hope the experiment will raise the currency profile, at least in this new york bar. maggie lake, cnn, new york. and cnn newsroom continues with the one and only fredericka whitfield. have a great day. you too. we have a lot ahead, including all eyes on north korea with that country showing no signs of backing down. u.s. secretary of state kerry pays a visit to the north s big ally, china. what the u.s. and china are saying after those key meetings. and another day at the races, including a nascar fan, but it s not the cars but the
new currency. no, you don t get a regulator, and there is a reason we have regulators and we re not in the wild west. can i pay with bitcoin? despite the stomach turning swings, they are concerned they have real benefits for businesses and are here to stay. if everyone would use bitcoins, i would love that. i wouldn t have to deal with waiting for a credit card and it would be a smaller processing rate. people find a way to pay for a good drink one way or the other but he hopes the payment experiment will raise the currency profile at least in this new york bar. let s talk about those stomach churning swings, christine. at the beginning of this year bitcoin was trading at $20. this week it hit $266 before tumbling. mount gox went offline, one of the main exchanges i would say, they handle about 80%, came back online, fell more. it has been very rocky since. clearly this is something that has a lot more volatility than a lot of other currencies that we see. we keep seeing
currency. no. there s a reason why we have regulators and we are not on the world web. reporter: managers say they re convinced bitcoins have real benefits for businesses and are here to stay. if everyone would use a bitcoin, i would love that. i wouldn t have to wait for dealing with a credit card, better processing rate. reporter: people find a way to pay for the rate however it hopes to raise the company s profile at least in this new york bar. maggie lake, cnn, new york. and a woman wakes up from a coma with one man on her mind, bob seger. what s she doing now? that s in the next hour. from . to more efficient pick-ups. wireless is limitless. from tracking the bus.