Path Trading Partners Chief Market Strategist Bob Iaccino dissects the bitcoin for the John Williams Show

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This illustration shows a Bitcoin sign in Hong Kong on August 3, 2016. A major Hong Kong-based Bitcoin exchange has suspended trading after 65 million USD in the virtual unit was reportedly stolen by hackers -- sending the digital currency plunging more than 20 percent. (ANTHONY WALLACE/AFP/Getty Images)

Path Trading Partners Chief Market Strategist Bob Iaccino explains how one can purchase daily needs with a bitcoin.