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Bitcoins are now worth a total of $1 billion, not bad for a virtual currency that's four years old and not backed by a central bank. Bitcoins are a way to make payments on the Internet — without any fees. They're also a way to lose money fast. We hear more about digital technology and the future of money. Also, a top Hezbollah military leader is killed in Beirut. On today's Talking Point, will Brazil be ready for next year's World Cup? 

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Jenny Hamel
Andrea Brody
Gideon Brower

Making News Top Hezbollah Military Leader Killed in Beirut 7 MIN, 31 SEC

A senior commander of Hezbollah was assassinated today in Beirut, apparently another incident in Lebanon's sad history as a battleground for proxy wars. Maria Abi-Habib reports from there for the Wall Street Journal.

Maria Abi-Habib, Wall Street Journal (@Abihabib)

Main Topic Is the Bitcoin a Boom or a Bubble? 35 MIN, 13 SEC

The price of a Bitcoin has jumped from $13 at the start of this year to more than a thousand, and it's still rising. Congress and federal regulators are beginning to pay attention. There already are Bitcoin millionaires — and Bitcoin criminals -- even though most people don't understand what a Bitcoin is. We hear about digital currency, controlled and stored in computers and traded across the Internet as a way to make payments. How does it work?  Is it really safe? Is the value of Bitcoins subject to the old adage: what goes up must come down?

Robert McMillan, Wired magazine (@bobmcmillan)
Patrick Murck, Bitcoin Foundation (@virtuallylaw)
Nicholas Weaver, International Computer Science Institute (@NCWeaver)
Jered Kenna, Tradehill (@JeredKenna‎)
Felix Salmon, Fusion (@felixsalmon)

Today's Talking Point Will Brazil Be Ready for the World Cup? 8 MIN, 2 SEC

When Brazil hosted the Confederations Cup this summer, there were violent protests over the money being spent on athletic facilities rather than health and education. Now, as the nation prepares for the World Cup in June of next year, fatal accidents and construction delays are holding things up. When the world soccer federation chose Brazil for the World Cup, it was promised 12 completed stadiums by the end of this month. Only six have been finished. But FIFA says it is "not in crisis mode." Paulo Winterstein reports from São Paulo for the Wall Street Journal.

Paulo Winterstein, Wall Street Journal


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