 Just recently we were discussing a lot about currencies and basically one global currency referring to and one made up the let's say the opinion that Bitcoin might become a global currency where other fiat currencies are kind of seeing it as a reference of value. What should take on that? Would it ever go there to replace a dollar and have a Bitcoin as the global currency everybody's referring to? I think that world view of competition in which one currency wins and becomes a de facto and only standard of the exclusion of all others is a model that can only be supported by war. It's a model that can only be supported by coercion and violence and monopoly and it is fundamentally a statist perspective of a zero-sum game in which you only win if you crush the opponent. Bitcoin doesn't represent a zero-sum game. It represents a choice that you have in addition to everything that already exists that doesn't need to displace or replace or force anyone to use it and certainly I think a system by which Bitcoin becomes a mandatory system. I was asked by journalists once do you think that the euro could adopt a digital currency like Bitcoin or something like it to replace the euro and it was like that's a complete fascist dystopia as if the euro itself wasn't already bad enough. One world currency means one world authority means one world governance system means one world culture it's as likely as one world religion it's as likely as one world language it's as likely as one world culture we are not a one world we are we are many and and so I to me Bitcoin represents the choice to use alternatives where otherwise it would be prohibited to use alternatives. Bitcoin is a global currency Bitcoin is the de facto currency of the internet today Bitcoin is the most successful open borderless currency that has ever existed it is already a reference of value for many of the people in this room it is my income it has been for the last three years almost exclusively it is a foundation of my ability to travel around the world and do these things I am already using it as my preferred currency for the vast majority of my expenses and I do that voluntarily and no one has to follow me they have to follow me only through the persuasion of my arguments ideas it is an open market voluntary system and I think the idea of imposing that on a nationalist and border basis or any aggregation of states is is fundamentally wrong so no country will choose to implement a digital currency unless that digital currency is a centralized control status nightmare of surveillance in which case you probably shouldn't use it no country will almost certainly choose to use Bitcoin because they don't have to because it is meaningless for a country to choose to use Bitcoin because a country is just its people and if its people choose to use Bitcoin they will even if their government disagrees and if they don't they will even if their government wants them to we are associating currencies with flags and nation states and top-down authority and their respectability and credibility that comes from a central issuer and those are all notions that are completely antiquated in every way so just choose