Where is it at right now . Paul it is probably oh, god. Probably the fourth or fifth wave of interest of this thing. It has waxed and waned in terms of speculation and attention in the mainstream. Certainly in terms of price in dollars, this is the biggest move it has had. In terms of interest, probably the biggest too. Not totally in the mainstream but much further than it had been. Jeff is it still at hype phase . Catherine the market cap, the Network Value bitcoin with bitcoin is a little over 100 million 100 billion. And has come up really fast but it is at a fraction of apples valuation, amazons valuation. Jeff and certainly a small fraction of the overall economy. A very small fraction. For all the cryptocurrencies, which there are like 1000 different digital point. It was 12 billion a year ago. It has been doing pretty well in the last few years. Jeff bitcoin is far and away the most popular. Take me back a little bit if you would. Bitcoin is invented in the wake of the Global F
Lily the results of the ceo of blackrock who came out and talked about it. Jeff you started introducing more folks to it, which leads to the question of i do not want to get too far ahead but it leads to the question of regulation. Much of space and Financial Services being involved not just banks and Financial Services being involved, but the government being involved. Paul there are a couple of moving parts there. One, you have people working on bitcoin it else and that project itself and that project. Initially, a lot of them were antigovernment, and i regulation. It was designed as a hacker projects that wanted to get around the system. Create a network or you do not need the middlemen. Distances came in and then we can build a business on this. We want legitimacy, we will need to be regulated. They started reaching out to the regulators. The last four or five years, you have a dynamic where one group is adamantly antiregulation and the other group that says we want to bring this i
Bitcoin and block chain are challenging the Global Economic order, and willie cap, a reporter at bloomberg news. I am pleased to have all of them at this table. Paul, let me start with you. A lot of bitcoin talk recently. Where is that right now . Where it is that right now is it that right now . Probably in the third or fourth wave. Throughout history it has waxed , and waned in terms of the speculative fervor and attention in the mainstream. Certainly in terms of price in dollars, this is the biggest move it has ever had. In terms of interest, probably the biggest too. Not totally in the mainstream but much further in the mainstream and it has been. Jeff catherine is it , still at hype phase . Catherine the market cap, the Network Value of bitcoin when you both include bitcoin and bitcoin cash is a little over 100 billion. It has, up, very it has come up very fast, but it is at a fraction of apples valuation, amazons valuation. And we think it is a much bigger idea than either one of
Revolutionized Sitcom Television norman lear. I think of donald trump as the middle finger of the american right hand. The American People, you know, we are in a democracy and the democracy depends on an informed citizenry which would be a well led and informed i dont think we have a media generally that informs. Amy at 94 years old, norman lear is still going strong and speaking out. The creator of many sitcoms including all in the family and the jeffersons joins us to talk about his groundbreaking tv shows, this years president ial election, how he ended up on Richard Nixons enemy list, and the new pbs documentary about his life that is airing tonight just another version of you. , all that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. The planet has crossed a new threshold. The average Carbon Dioxide levels in the atmosphere throughout 2015 were 400 parts per million. This according to the World Meteorological organizati
First, Iraqi Forces Say they are just two kilometers away from the city of mosul. The battle is far from over. A million civilians remain trapped in the city and the u. N. Says is lummis have been killing scores of people in recent days. The bodies of up to 70 people were found in their homes. The u. N. Is warning the iraqi forces and their kurdish allies against collective punishment. It claims dozens of sunni error families were forced to leave the city of kirkuk after an Islamic State attacked their last week. Jane has been with the troops in a small christian town and has this report. Village the christian. S 15 kilometers east of mosul inside there is fierce fighting between iraqi infantry in an estimated 15 jihadist. Im watching the enemy. When i see a jihadist, a. Schu him. Ive killed five since the beginning of the battle. When i see a jihadist, i shoot him. There is still sporadic gunfire inside. We will be entering with the army in a minute. A townr we discover damaged by hea