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We clearly over paid for that but look, we believe long term there s still a long way for bitcoin s value to go from here. we think that it is gold 2.0 and disrupting potentially gold which is a $6 trillion market cap so if you look at bitcoin today at 300 billion, it looks like it s certainly appreciated quite a bit in the past year but look we ve been saying this for the past five years when bitcoin was $1 billion market cap, that bitcoin is a better gold, if you look at the properties of gold, they make gold gold like scarcity, di visibility, port ability, bitcoin equals or surpassed the gold across each category so for example, gold is scarce, bitcoin is actual actually fixed at 21 million. it s divisible into a hundred million pieces and actually hard to cut up bars of gold and they re hard to move. they re not nearly as portable and part of this i think is a little bit of a generation all ....
Institutions so that when students go to a community college or when students are looking at apprentice ship programs in the building trades or in four year institutions, when they leave, they have at skills necessary to enter the work force. in the middle. thank you. in the president s budget it talks about work requirements. also congress is talking about some new welfare reform for able bodied people. could this sort of integrate into that at all? well, certainly the one of the important aspects of this is the port ability of credentials. when someone earns a skill, when someone learns a skill, it s important to signal to other employers that this person knows a certain set of skills. and so the i should say the fa emphasis is on high sexual assault apprenticeships. ....
They got in 2the 2016 general election. but going forward, i think republicans are best served if they work with democrats to craft something that works for more people than currently. it would be great if people can have port ability, that s what we wanted last time before obamacare came in, if you could take the plan that you had and move it over, people like it when there is less regulation especially small business owners and they aren t penalized. personal owners of health care like it when they re not personalized if they don t want the insurance. and then you ve got to make sure if you re going to be a great nation that you take care of people who can t take care of themselves and that s where having some kind of a replacement if you will slow down medicaid expansion or cut medicaid, you have to have some way to take care of people who are the working poor and who can t take care of themselves. so republicans should work with democrats. talk to democrats forgto get it ....
Continuing with our politics lead we have lots to talk about with my panel so let s get right to it. charles, let me start with you. republicans unveiled the replacement plan for obamacare. you tweeted, maybe someone can convince the 9th circuit to strike down this health care proposal so the house gop has to work it from the ground up. why the opposition? well, i think it was introduced badly and i think the substance is not great. the poor introduction, it seems that the parliamentary procedures here are going to be very come plplicated. there are some things they can do with 50 votes, some things with 60 votes. because it delegates some of the executive branch they need to be involved, too. they didn t explain that. when they released this bill, they thought it was the whole thing. there s been push back. it s not going to please conservatives because it doesn t go far enough. it doesn t do what conservatives wanted either, which was to not just reset america to the status quo, bu ....