 I'm so everyone here we're in San Francisco everyone knows about tech everyone kind of understands Bitcoin I'm wondering do you think there's something missing to kind of bridge the gap to the mass markets to have normal people understand normal people? Right no normal people people right Bitcoin, or do you think it's just that the ecosystem is too early, and it's kind of this incremental thing where you can't push it it's it's both we have an enormous gap, right? We have an enormous gap in understanding. This is a brand new thing This is the fifth major innovation of money the most ancient technology we have in our civilization and Do you know how long it took to go from precious metals to this piece of paper has value? 400 years of people saying that isn't money go away and It took another 40 years until they accepted that it's not paper anymore It's a little square piece of plastic with a number on it if we can do it in 20 That will have greatly accelerated the pace When you change these fundamental technologies it takes a while for society to change with it now first of all we have all of this new terminology right all of these new words and No one in this room can even tell me what a blockchain is because I don't even know anymore It's a hundred million dollars of marketing behind confusing us all about what that means anymore It's gonna take a long time for people to understand how this works why it works how it's different what benefits it gives and It's not gonna be the people in this room only. It's not gonna be the people on this continent North America contains the most privileged population in the world in terms of financial inclusion access to technology You can swipe a visa card pay with your phone etc. Etc. There's four billion people who have nothing and For them it will be a very simple proposition. I don't care how it works. I Just got some white cracker three continents away to fund my seed For my next planting season right and and that changes the equation completely money is an empowering technology So how do we do this? We bridge the gap make it easier to use make it easier to secure explain what the words mean Change some of the words improve the designs and gradually as people need it they will use it Not instead of their national currency not replacing the old systems But as a choice in parallel giving them opportunity where they need it So a bit of patience and a lot of hard work code better user interfaces Make the language simpler make the experience simpler I tell people you've probably heard this a hundred times before if you watched any of my talks I said my first email in 1989 in order to send that email. I Compiled on the command line the Unix mail program Right. It took me about two hours At this point I was a second year undergraduate in computer science with more than 12 years of programming in my background I sent an email. It took three days to cross the internet Exactly 20 years later. My mother replicated this experience by going swipe On her brand new iPad when we get bitcoins there The mainstream will be ready to do it. It's not gonna happen the way it is today You