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Illicit activities. If bit coin continues to attract attention, mostly as a way to finance purchases on websites like silk road, its going to find itself in the digital waste land. So in order for the legitimate uses of Technology Like bit coin to flourish, its imperative that his accepted uses must be addressed. There must be a way to separate the weak from the chaff. Bottom line is very simple, i would ask mr. Gal ipy gal ipy i would ask mr. Gal ipy, do you have any specific suggestions of how we separate the weak from the chaff. What would you suggest to the witnesses on panel one to ensure that we address legitimate Law Enforcement concerns, without duly inhibiting the development of these promising new technologies . Yes, thank you, senator schumer. I think you first have to understand there are multiple parts of bit coin. The low level protocol, the bits and bites tha ....
Capability. To what extent is there concern cut into itss military capability . Can you give us any more feelings on that . You listed it as one of the , but can you be more graphic . Can you give us any more detail as to the extent about the cuts to our military capability. Our military capability . Statess in the united and one of those involved in protecting the governments thetion when we published strategic defense and security review in october of 2010. Remarks, in my opening the administration at that time, although there were some underlying concerns, they were persuaded that we were going to spectrum of full capabilities, that they were reassured that our defense spending would remain above 2 , certainly throughout the life of this parliament, and that the numbers we were talking about for interventions in the future were scalable. They were not as great as we have managed before, but they were nevertheless militarily significant numbers for continuing operations and for large ....
Host wolman david wolman, joining david wolman, joining us from portland, oregon, thank you, sir. Guest my pleasure. Live coverage of the house begins now. For morning hour ebate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip , but in o five minutes no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from california, mr. Schiff, for five minutes. Mr. Speaker, for much of the past decade, Irans NuclearWeapons Program has been a Top National Security concern for the United States, and iran armed with Nuclear Weapons capable of threatening israel ....