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Detailed text transcripts for TV channel - MSNBC - 20130801:19:52:00

Even the government accountability office has taken note, issuing reports that income may be taxable. is this just the beginning? are we going to ultimately see a tax put on this? ultimately what are the other concerns? are we talking about regulations ultimately as well? regulatory concerns are very serious. in thailand the central bank just reviewed to license a bitcoin exchange, so it s de facto illegal there. which is problematic. however, the israeli bar association recently said you can use bitcoin in israel 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 ....

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