Now a discussion on bitcoin and the future of crypto currency. From washington journal, this is about 30 minutes. Washington journal continues. Host joining us is brian knight, Senior Research fellow for the Financial Markets working group at Mercatus Center, and he is here to talk about bitcoin and the future of cryptocurrency. Thank you for joining us today. For people like me who really do not understand this very well, bitcoin andt is cryptocurrency . Is a computer protocol used to set up a peer decentralized network where you have a valuable token, a bitcoin, and a distributed ledger. One of the thing that is unique is instead of a centralized party maintaining the database, it is maintained by all of the Different Computers on the protocol simultaneously. That is why they call it distributed ledger. The goal was to set up a system for payments and value transfer that really is not subject to reliance on a centralized party. Host why was this developed, and how does it work . Deve
But the organization of american states is calling for a new election, and the Opposition Party is calling for nationwide protests today. Well go to tegucigalpa to speak withth the spokesperson of the alliance against thehe dictatorship. Then to President Trumps tax plan. Pres. Trump this is going to be one of the great gifts to ththe middle income people of this country that theyve ever gotten for christmas. Amy a Christmas Gift for the middle class or for President Trumps family and the lawmakers whose votes he was courting . Well look at how tennessee senator bob corkers abruptly changed his mind and announced his support for trumps tax plan after the addition of a lastminute provision that would personally enrich him. Then after the fcc votes to repeal the landmark Net Neutrality rules, what is next in the fight for a free and open internet . All that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. The republicancontrolle
Well go to tegucigalpa to speak with the spokesperson of the alliance against the dictatorship. Then to President Trumps tax plan. Pres. Trump this is going to be one of the great gifts to the middle income people of this country that theyve ever gotten for christmas. Amy a Christmas Gift for the middle class or for President Trumps family and the lawmakers whose votes he was courting . Well look at how tennessee senator bob corkers abruptly changed his mind and announced his support for trumps tax plan after the addition of a lastminute provision that would personally enrich him. Then after the fcc votes to repeal the landmark Net Neutrality rules, what is next in the fight for a free and open internet . All that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. The Republicancontrolled Congress is poised to pass a massive rewrite of the u. S. Tax code after Tennessee Republican senator bob corker abruptly reversed his positio
Thank you. Live now to the Mitchell Institute for aerospace studies, group is holding a discussion on the future of air warfare. To top u. S. Air force officials, live coverage here on cspan2. We joined in progress. We have russias next generation, the as 500 to be capable of engaging targets as far away as charlotte and buffalo. As you can see the systems are being deployed worldwide and this trend will only continue as additional nations seek to neutralize our air power advantage. Variants of the same to invoice on the globe where our air forces operate. Moving onto airbase evince the production and proliferation of advanced fighters poses another escalate escalating challenge to our Legacy Fighter force and even our new fifthgeneration aircraft. One only has to look at trends and Aircraft Development over the past several decades to see where our legacy systems are being overtaken. Today are most numerous fighters are outmatched by the latest russian and chinese designs. Every stage
America. Yesterday, a panel of activeduty and retired u. S. Air force officials discussed the importance of maintaining air superiority on the global stage. Posted by the Mitchell Institute for aerospace studies, this is about an hour. Our fellow on panel, which we are fortunate to have with us. Deputy chief of staff for the airports for operations nolan and his partner, lieutenant mison. L dash ja a cat bit of introduction for you all. I think most of the people in this room understand that air superiority is a tenet of National Security operation. We cant succeed unless we have it. However, in terms of quantity of aircraft, the United States air force has been on a down slide for over 25 years now. The air force has 59 fewer fighter squadrons than it had during Operation Desert Storm in 1991, but we had 130 four squadrons at the time. Got 33 fewer people and fewer total aircraft. At the same time, the air force is operating a geriatric force that is becoming more so every day. Bomber