 This is the internet of money. It's not just money for the internet and once you realize that you can build applications on top of this and Currency the Bitcoin currency is just the first application. It's like email on the internet It's good enough to change the world and have everyone adopt the internet It was just the beginning, but you don't even imagine what comes next the worldwide Twitter or Facebook the worldwide We haven't even built those things yet. Some of the people here are building them Contract systems and platforms based on things like Ethereum Multiple currencies that can be built on top of Bitcoin Systems for a decentralized exchange of value where you can transfer from one currency to another Programmable money is is really interesting. Let me give you just one example Which I think your your audience will like very much and this is the concept of a distributed autonomous corporation at the moment every payment system in the world every currency system in the world is requires That the ownership of money is associated with personhood That means that money can be controlled either by human beings persons or the the constructs built through association artificial personhood or corporations That can manage money on behalf of shareholders or behalf of individuals through institutional controls The one thing you can do is you can't have Autonomous systems manage money They have to be attached to a person Bitcoin doesn't see personhood. It's not designed to go around personhood. It simply doesn't see personhood It doesn't see people any more that it sees borders just like on the internet You know the famous saying in the internet. No one knows you're a dog from the cartoon from the 80s It essentially removes Personhood from the equation now what that means is you can have autonomous systems that can control and manage money one of the concepts that comes out of that is the concept of the distributed autonomous corporation which is a Construct an autonomous system that owns Resources money on the internet through bitcoin or some related technology and Then acts in the interests of shareholders who may be other autonomous systems or people doesn't matter and then can make decisions Spend money and allocate resources in a completely autonomous manner Let me give you a post-singularity example. It almost sounds like money for artificial intelligences imagine a a weak AI system whose goal is to optimize publishing of content and It can use a Bitcoin bank account to pay for hosting on Say Amazon elastic cloud, which is one of the cloud computing services It can now buy a month of hosting during that month It can then establish a number of blogs and publish news by harvesting it off the web then it Collects micropayments from the readers of those blocks and if one of the news sites it builds is popular and successful It collects more micropayments If one of these sites becomes more successful than the others it can spin off a copy of itself as subsidiary that divests That then goes out and launches more news based on that code pattern And then it can buy more hosting capability to pay for the next month of its hosting and bandwidth if it gets really successful It can increase the amount of bandwidth. It's paying It could also presumably Improve its own code Simply by posting ads on forums to hire developers to write better code for itself And then it can do a B testing take two versions of the code written by two developers put them out there and Whichever one succeeds in delivering the product or service is delivering collects more payments from its users and Thrives and the ones that don't essentially lose the ability to pay for their own hosting and they die If you do that on a large enough scale you now have an Evolutionary environment for artificial intelligence which can manage its own resources. This is evolution in action You could literally have a self-evolving autonomous system that can expand when it's successful and Contract when it's failing and spawn new generations of itself that are self-improving