Car with an artist. You dont know why. If you get 4. 9, only a small percentage get that. 4. 8 is competent, 4. 7, solid, 4. 5 gets a little hairy, may not know the city. We can use it to determine who is providing bad service, good service. Those providing poor service we cant partner with. Those accounts typically get deactivated. As an uber customer, wonder how you balance supply and demand. How are you tuning these algorithms. At our country we have a math department. Im a computer engineer, scientist, background at ucla before i dropped out. I thought that would be funny. I still sort of directly manage or get involved with that team. Basically seems naturally you push a button and a car comes in five minutes. How do you know that will happen. You have to predict ahead of time. The right number of cars at the same time. Predicting traffic. How long does it take for a car to get there can affect how all the trips happen going to leave this. You can watch the rest online at cspan. O
Priority, and were encouraged by the progress we have made thus far. Thank you for inviting me to testify before you today. Thank you so much for being here. For the meeting you had with our staff and me last week, and for your testimony. Thank you. Ms. Raman, pleasero proceed. Thank you for the opportunity to come before the committee to discuss the departments work. At the Justice Department, we look at virtual kerracies through the lenls of criminal Law Enforcement. We recognize that the currency could be an illegal means of exchange, and we also recognize that criminals will always seek to take advantage of new technologies to commit further or hide their crimes. Our responsibility as prosecutors is to insure that we continue to enforce the law even in new technological settings and to prevent criminals from using those technologies to create zones of impunity. As i will describe in mire testimony today, the department of justice has been aware of the threat posed by Virtual Curren
Security Committee Examining the policing of Virtual Currencies. Then a House Homeland Security Committee Examining the management at the department of Homeland Security. On monday, the senate Homeland Security committee examined the governments ability to police the use of Digital Currency with the laws currently on the books. Online decentralized systems allow people to Exchange Goods and Services Without using real money, including bit coins. This hearing is two and a half hours. Good afternoon, everyone. Thank you for joining us, we especially want to thank our witnesses, panel number one, and somewhere in the audience, panel number two. The i. D. Card is there, so pick it up please and put it where it belongs. That way well know who you are and you will, too. My succeeder in the senate used to say many years ago, he would say, his advice was wear a big button. Wear a big button when youre campaigning so youll remember your name and so will other people, too. We want to make sure p