 Thank you everyone for being here Can you raise your hand if you were in the rave last night? Extra thanks for you to be for being here. So I hope you had fun and I hope we can have fun in the next 15 minutes As the panel says we are going to talk about who are the next billion Ethereum users And how can Ethereum positively impact their lives? I'm super privileged and honored to be here with the new fellows from Ethereum Foundation Mihailo, Mari, Joffrey And we're gonna be talking about the different projects the different motivations Why are there personally moved to be addressing these next billion people? They think they are going to be impacted by Ethereum and when we start with a round of introductions Mary do you want to go first? Sure. My name is Mary P. Davies and my project is the digital asset perpetuity project And the goal of the project is to answer the question. What happens to your ETH when you die? Where are you coming from? Tell us a little bit about your background, Mari. I'm a legal technologist and a researcher I have a background in compliance and law and I did a master's thesis on Basically digital assets that were things like Facebook pages and that kind of thing and it led me to looking at digital assets that have fiat value and how to transfer those when you die and Yeah, that's basically how I how I got to where I'm at So it sounds that you are the kind of people that read the terms and conditions of everything, right? I do I read terms and conditions. Yeah, I do okay Okay, okay, okay, and what brought you to the web-tree world? What brought you to DEF CON? What how do you connect where you were coming from to this world? Well, when you start looking at the trouble people have with with digital assets like a Facebook page or their or their email And then you think okay, that's that's a problem But it's not something that they've invested tens of thousands of dollars in that suddenly disappears when they die I mean they're right now We have no process for transferring our digital assets when we die and as the value goes up and the popularity goes up That's going to become a bigger and bigger problem. It sounds like an opportunity there. Yeah, thank you. Thank you, Mari Joffrey, do you want to introduce yourself? Sure. Thanks. Thanks so much. So my name is Jeffrey I'm a co-founder at a Y-combinator back startup called Poco And I think for me how I'm involved as a fellow in the Ethereum Foundation Is that I've been looking a lot at how we can better Get regulators to interact with web-tree technology and to learn and understand not just the Technology that we have here, but also the culture that we have around decentralization and how they can build better policies that That the intersection between decentralized and centralized systems Interesting interesting. Actually, there was a very hot conversation about regulations right now before the panelist started Joffrey, can you tell us a little bit about your background? Are you an engineer? Are you yeah? So I kind of took a almost like accidental journey into the regulation and policy making process I just start out. I got first introduced to Bitcoin in 2012 when I was in MIT doing research And then I was working on the product and technology side of things launching a protocol in 2017 And then I found myself having to work a lot more with regulators Since then not the most fun thing to do but very important And you know, I was actually helping the central bank in Singapore Kind of launch their experiments around blockchain technology so they can learn and understand what's going on there But I think my journey and interest in blockchain technology is a lot more personal So I used to run a nonprofit that train woman entrepreneurs in an OFAC sanctioned country We were doing everything Compliantly and then one day the bank comes to us and they said hey You are operating a high-risk environment. We're gonna shut down your companies your nonprofits bank account And and that was a huge blow to us It took a lot of time to sort out those issues and the worst part of it is that we didn't do anything wrong You know, we were compliant the bank made a business decision around the risk they had to face And I see that problem happening again today where Because of the perception of regulators and the pressure from regulators They are conflating activities that are legitimate and illegitimate and I think vastly affecting the industry I think that's something that motivates me to help regulators better understand what WebTree is all about Awesome, Geoffrey. So as as Mary was introducing herself and now Geoffrey We can see that probably because we don't like to talk about that and because we don't like to talk with regulators Maybe we can find an ex billion people there, right? So Mikhailo, can you share a bit about you your motivations your background? Thank you, Joey. Hello, everyone. My name is Mihailo. I'm coming from the rural organization of the scouts movement This is where I lead the digital transformation and technological projects. So can I say hi like this? Yeah, like this. I like this. Okay. Yeah So I'm the scout in the room and so yeah I'm here with the Tyrion Fellowship And my project is basically about looking into how how to gear up this the movement educational non non Nonformal educational movement like scouting is of 58 million members in 220 territories Around the world. How do we bring them and get them ready for WebTree zero? How do we make what do we work with young people? You know and to understand the blockchain and to be the citizens of the of the future world Yeah, and what about like like your educational background? Where are you coming from in that sense? Sure My education background is project management. Okay, then I basically all the time I was in the IT type of projects and then technological projects. I volunteered for the scouting for For most of my life I was a scout and volunteered and then started very early actually to work for the World Organization of the Scouts Movement first at the European level and then later on now at the global headquarters, which is now based in Malaysia for the past nine years Awesome. Awesome. Love it. So we can tell that perhaps from from and I I will try to oversimplify So no means to disrespect so for my volunteering kind of approach from a legal tech approach and from a policymaking approach Let's see and let's dig deeper into what's the next billion what we are thinking I will be the next billion users for the town community Joffrey when we when you think or when you hear this question or when you join the the next billion team as an out there fellow What's the persona that comes to your mind? Can you describe that person or that stereotype or that? Yeah subject. Yeah, so we are doing a lot of work with the government of Kazakhstan to pilot certain experiments around web tree technology and also web tree regulations And I think the one thing that really stood out to me was that the central bank did a survey And they found that 25% of the population had exposure to crypto So and I think you see that consistent number going anywhere from 10 to 30 percent in most countries around the world And I think when you think about it, there's really a population of like 70 percent That would not have touched any of these technologies almost in every country in the world So I see it as a very very big pool of people who have not had access to crypto have not touched And then once you think about actual decentralized technology because most people's their first exposure is true on ramps through a centralized exchanges Once you think about actually say hey, have you set up a metamask? Have you use any the app that number drops to maybe like five percent three percent? And I think that's really the gap that we are trying to close in a number of ways Interesting. I love when when these statistics come and they say like a just in 2021 the crypto adoption went like 2,000 percent like oh, that's a lot but then just in Latin America is like 30 million people out of 650 million So it represents almost nothing there. There is a billion hidden there, right Marie. What about you? What's what's the persona that that you think when well that comes to your mind when you think of the next billion? Well, when I think of the next billion, I don't I don't think of it from the perspective of a persona I think of it more as a product and then I think what exactly are we selling to the next billion? And if I drill down into it what I see is what we're selling is a trusted product and service And if we take if we take a step down from that what we're selling is trust So what we need to do to reach the next building billion is to build the trust of our ecosystem and the Products and services that we make because if people don't trust us. They won't use us Okay, so interesting. I'm willing to dig deeper here, but I don't know how to put it I'll come back. I'll come back to that. It will come to me. Can you can you describe the scouts? Can you I believe that the scouts are your personas, right? Yeah, that's that's actually what I have in mind I have in mind not just scouts, but young people the future Futuries in them and they we talk about building trust with the regulators. We talk about these challenges But the future regulators will be the young people of today and those those people are not foreign to these technologies and things For them. This is all more natural more open. They're open more open-minded. There's less foreign less foreign for them But what do we need to do to to reach that one next billion? I think we need to work Work with the young people thinking of the long-term future work in the presence work now with the regulators work with the All the stakeholders right now and the people in the room but also think of the future and work with the young generations that will be the future regulators future future users future and you know mobilizing mobilizing more showing to the world that Blockchain is not only about crypto that is about doing good that is a technology for good and showing them what I felt here when I came first day That this is really about everybody is in the mission of doing something good or solving some some real life problems So if we could build a trust by showing To everyone more, you know becoming from a niche from an each group As you said that with that growth becoming a mainstream and the parties to really build a trust and make make ourselves more open And I believe that the web tree and and blockchain ecosystem in general has a lot to learn about this couch This couch kind of organically or naturally organized in different nodes, right? It's a very interesting approach to to see things. So I I became an entertainment fellow a during a Hard years. This is the first time I met that will be next billion team in person But even though we didn't have the time to share in person a term foundation helped me a lot because I work with public institutions Because I wanted to teach public servants and also serve technology and also bring them into web three technologies and kind of Getting to your government portal and instead of creating a digital profile just connect your wallet So that kind of approach for us was let's jump into the web three and let's bring Institutions into the web with three that was my approach to applying into a term foundation and to become a fellow and to try To learn how the term foundation can help us and how we can also help the term ecosystem When you think of that when you think of how you applied to become an Ethereum fellow, what's the problem? You were describing with this personas What's what's that thing that personally moves you to be tackling or addressing or for or trying to gather these next billion people? Joffrey do you want to? Yeah, sure. Um, I think the the big gap with Working your regulators is that they and policymakers is that they don't like you're going back It's like the prom statement I had was that they don't understand the culture. They don't understand the technology You ask a regulator. Have they use a man a mask? None of them would have done it. I just want to check, you know in the audience Is there any regulators or policymakers in this audience here? Raise your hand if anyone okay, so so I think that's a really need to go for them, right? Yeah, you can't understand the culture without being here without feeling it and interacting with the community and The approach that we are taking is to get regulators to experiment with the technology So in Kazakhstan, for example, we are working with the government on two different projects One is around provision of public services. So they have a national IT park They have a bunch of education activities around it and they say hey, you know if we transform this into a Dow A decentralized autonomous organization. What does it look? How will people use the technology? You know what people need to how do they open up wallets? How do they use those wallets to interact with each other? These are things they're all very very new to most people in the world and they want to experiment and try and see To understand exactly what it is that they're dealing with here The other thing is that they are introducing a national crypto fiat real by mandate But then as they start doing it, they say oh, you know We have all these stakeholders with all these different issues, you know, how do we think about it? You know what's happening out there and I think Learning by doing is just so critical In trying to understand the web tree space from a policymaker perspective Interesting interesting in your case, Mary. Is there any like personal motivation that you feel that it's moving you? To to tackle the problem that you're referring. I love how you introduce yourself and it's I am Mary I'm working on how to do what will happen to your eat when you die So it's really good But is there anything that is actually moving you towards there? Is there anything you want to share on how you apply to the information? How you describe this problem and what moves you to be kind of pulling these next billion people towards the ecosystem? Well, I think that Without getting all deathy when people die Transferring assets from the individual to their estate is extremely complicated It involves not only inheritance laws state law, but contract law Privacy law and and it isn't as simple as just handing over the asset and The laws are very old and they're Complicated and their different jurisdictions have different laws and in some jurisdictions multiple laws apply And I thought that the way to approach the problem of what happens to your eats when you die is to at first Build a database of all of the laws that apply across the world to transfer of assets on death and then to look for patterns in those laws and then to sort of compile that as a list of requirements and then approach the community and say These are the legal problems that we have with asset transfer on death How do we use our technology to solve them and that that was the sort of driver that that got me going and realizing that if we Disrupt I call disrupt from within if we look at how it works now and look at what needs to be reformed and changed And how technology can replace things like wills need a wedding signature. That's crazy And they need to be on paper. That's crazy. I mean we have technology that can do that without either of those requirements But unless we know whether those unless we understand the law enough to know that that solution will work I think we risk having flying in the face of Disruption and and being opposed by the powers that regulate that sort of thing rather than being accepted by them Interesting and it's just made me think that that when we die and when we have money in a regular bank like fiat Like for example in Mexico, you have no will and no one claims it the bank just used this money. Yeah, that's the way it goes But but here when we're thinking about the eat, for example, it's bad for you and it's bad for the ecosystem because the So the problem gets bigger and bigger right and that's a problem. It's a problem for an individual It's also a problem for our ecosystem. If if if digital assets are frozen or I mean think of a I think of a service provider that has The frozen e-thon is books. How do they handle that? I don't know So, yeah, it is and also the going back to my trust point if they if we can't be transfer assets The way other assets transferred are people going to trust eat itself or digital assets registered on blockchain with smart contracts So it is it's a it's a multiple layer problem. Very interesting. Yeah, very interesting problem. So I'm going to you Me hello Are you thinking of an actual problem or an opportunity that that is personally moving you to to kind of persuade? These 58 million people you said yeah, 58 million people to come in So what what are you thinking? What what are your thoughts behind that? So as a scouting is in as a scout as myself and scouting is in a mission of creating better We do that by creating better citizens for the future We do that by providing them non-formal education opportunities So bringing these other education that nobody talked about so much or is not but it's actually bigger and in some cases also more relevant especially in today's times where education is Evolving so education education education. So it's really really about that. So personally I am I'm on that mission looking into how we educate more young people to do to use is how we get more and more users and how we with that spark their curiosity and There so it is not that we are giving and this is how you do it So go and be do where but hey This is how you do how you do it but you can think of other solution another way to build something on this and Feel free and how do we nourish that community within community? So my my goal would be to create one of the things I would do in the project is to create a community Within scouting that works on the blockchain the scouts who are interested about battery battery zero and to end blockchain and and Support their work basically not not direct them not guide them But just support their initiatives and I'm thinking to do that like a doll community as well also within the scouting Yeah, so Yeah, I believe that's that's the answer for this I think it's very interesting I can think about multiple things from from digital identity and I remember Daniel Ryan sharing on the opening that that probably the next steps for for the thermo ecosystem are not going to be financial But perhaps tapping into the potential of identities and and I can see an opportunity here and else Yep, just want to talk about the depth that you mentioned and that is your remind me on a very important problem that we look into solving are it's a big challenge of today, of course is the Child abuse abuse of any kind not a child But anyone adult young people anywhere any abuse any any form of abuse I am very interested to figure out how technology can help us in that so and I believe there is a way it can help us It's it's about yeah, I mean partially on education but partially also about figuring out the system and mechanisms for Creating a safe environments for everyone. I think that's also something I'm very like motivated and driven to so that will be one of the important initiatives within scouting very interesting and I can see The kind of the hard part of the motivation behind so and that's that's what we need to get the next billion to be like Purpose-raven and persist and that's gonna be that's gonna be it So before I jump into a opening questions and opening the floor for for for the audience to to tap into different things on Around your what you have been sharing. I will love you to share Where are you going or how do you think the theorem ecosystem can help you to reach this next billion? Do you have any any challenges in mind? Do you do you where do you see yourself in six months from now into reaching this next billion? Jeffrey you want to go? Yeah, so I think one of the issues You know where I see this decentralized city system meeting centralized system Kind of bumping up against quite frequently I think it's in the crypto fiat rails and I do believe that that's to very much the core Through which most new users in the world will start to get access to this ecosystem And I think it's something that there needs to be ways to Kind of facilitate that and make that a more seamless transition and in many parts of the world is getting a lot more restrictive You know, I go to my bank and I say my company is dealing a lot with crypto You know the bank you may say is oh high-risk customer forget it. I'm gonna shut down your bank account So I think that's one area, you know, I love to talk to people you know if they have to have to deal with these issues especially from a Kind of compliance. I love to engage with people to to learn about you know kind of the conversations they're having In a confidential manner and and you know, what would best? What can best be done to persuade regulators that there isn't the kind of risk that the imagine Exists in this ecosystem the other part. I'm super excited about actually some gaming. I'm a gamer And I believe that actually in Southeast Asia where I live I'm currently in Vietnam I think games is a very very great way to introduce a lot of people that don't have Experience kind of with this ecosystem and get them into it Even the the doubt that we are working the National IT Park in Kazakhstan It actually came out from an original thinking where they are trying to say, how do I gamify the experience and involvement of my community with the infrastructure that we have and Now it's extended into the web tree space. So I think you know, that's another area I'm just super excited about I would love to talk to people who know the web tree gaming space better than I do Awesome. Awesome. Marie, where do you see or what's the obstacle? What's the challenges that you are seeing up front in the next six months for your project and for reaching this next billion? Well, I think in six months, we'll have a database of all the law that applies to the transfer of asset digital assets when you die Gonna need it. It'll be you know, I want it to be an open source database So I'm gonna need some sort of a platform to record it and make it accessible to people and then The next step is to create the list of legal requirements for what needs to happen in different jurisdictions And then what I'm hoping is that the community will be able to look at those and say, okay We've got the technology to do this and this we can solve this problem with a technical solution And that that that's the sort of vision for the next phase of my project Okay, interesting. What about what do me look do you see any any challenges there? I mean, I can take a picture some of them. But what are you what do you see you like your next steps for You'd share with the audience you're going Sure. Thanks. So We'll start with the smaller bites of course and the things that would be easy and will actually be a Something that scouts would be very motivated and easy going to accept is there will of course start creating or putting the scout badges into the And as turning them into the NFT badges and putting them in via pop and other technologies will put them into into the wallet So we'll have a scout wallet with scout badges So that will help scouts bring on scouts on like on a basics or honor, you know first level Understanding having what's the hash? What's the private key? What's the? What's the NFT? What's the but that's the wallet and then we go into deeper we go into like again having these champions in in inside of the community looking into how What projects we could get into into what projects we could do what are the most relevant ones? I heard so many good ideas since I came here about what we can do in scouting for example You mentioned we are decentralized. Yes, we have local scout groups everywhere in this neighborhood also there is a scout group actually and They are in they they need some support in like creating a simple a treasury Treasury mechanism where blockchain or you know, they also like scouting is voluntary led meaning that people are Voted for and elected to lead and then to you know represent Then in the other circles. So using Dow there and things like that so I what I'm looking forward from this community is like ideas and Openness maybe to suggest some things and help us actually do these things We are nonprofit and yeah, we're looking forward for anyone who we want to partner on a doing good basis and Do something great together solve some big problems Awesome, so I remember when I was a kid. I was I used to be a scout And I remember having different pins because of the different accomplishments or milestones So now we are going to have po-ups. Maybe right exactly So there's 25 more minutes here and I believe that this is a good amount of time for opening To the floor like anyone in the audience wants to pick the brains of these fellows and how they are planning to reach the next billion users one second Hello, great to meet you all fantastic work. You're doing One of the things some of the things I heard is the use cases that you are all approaching are kind of existing use cases payments smart contracts Maybe DIY or credentialing at least for scouts And so what it sounds like is like we've done well for these first billion with this use case. Let's push that to another billion Jeffrey you mentioned gaming are there other use cases that you see as you look at different sort of populations? Or is it a matter of we've got some good use cases. We just need to reach more people I'm just curious about your thoughts on a macro level on that stuff So I think the so for me the way I look at this is that when I think of the next billion It's that I think different countries Interact and learn about crypto in in very different ways, right? So going back to the Kazakhstan example, it was quite interesting It's what happened in Kazakhstan was that China banned mining and all the miners fled to Kazakhstan And then they were like at first they panic because you know, they consume a lot of electricity Cuz I think one point a number one or number two hash rate in the world and The government panic and they they overreacted and they kind of clamped down on it And then after that they said hey, there's actually a very interesting industry You know, we need to do more or more about it more in it And then they started inviting Exchanges back into Kazakhstan, you know, Binance set up there a bunch of other exchanges went in there and and got established So I think it's the way I look at it stew that we need new applications that provide benefit to people on a day-to-day basis But I think that the pool of people that we have not touched It's still very very huge because you go in there and they they are at the beginning of learning about this Most of them would still not have a methamas wallet 25% of population owns digital assets But you know, there is a lens and a process in which some of these countries learn about Crypto and I think it's still a very very early stage in terms of the 75% or 80% of each of these countries that you know Crypto has not touched it So to build on that and about the use cases and this is more tapping into my experience From the previous year being an Ethereum fellow Working with the public sector typically they do there's no one wanting to be the pioneer pioneer They want to be the second pioneer that your pioneer, but not the first one, right? So so winning these small battles having these different use cases is always super relevant. It's kind of a dividing-conquer approach It's a more on the on the mindset of them. We started for example with just Verifiable credentials for commercial permits. That was a very simple thing and then at some point We started certifying city inspectors and policemen so that you were able to actually scan and see if that was an actual policeman Doing their job and then we started into construction permits and then we are now thinking about Legislation, there's actually a congresswoman here doing that thing. She's using her whatsapp right now, but Now she's helping with the legislation right now, but because of the use cases So after we moved with around 50 different implementations different flavors just as the ones I've just mentioned We were able to start thinking about low initiatives and after low initiatives You can start thinking about how regulation can foster innovation not block innovation And then after that we start teaching the ecosystem and saying hey, can we have standards? Can we share the same thing when we talk about identity or public sector credentials or our sense of ownership of your digital assets? And then we are now integrating even with more web-tree services So everything departed from the use cases and that this was just to highlight the relevance of your question So thank you Joffrey. Do you want to add on that? Actually, just want to add a quick point. I think as you you raise something very interesting in terms of how regulators Think about this technology. I think one of the part I one of my biggest fear is that There is different use cases for web-tree in different countries, right? If I'm a small country, I might think differently if I'm a big country, I want to regulate in different way because I have different interests at stake and What I see in this space is because most of them do not understand the technology and don't have access to the expertise They will just copy the US most of the time and the US chooses to regulate web-tree in a way because they have Particular policy interest that doesn't isn't the same shared interest as all those different countries So definitely there's there's a snowball effect here You have the more problems you find the more business and impact opportunities you find as well So any other question anyone wants to jump in? Hi, so I was thinking is there any way that that the foundation is documenting this kind of like growth building blocks on how like Every single one of you have a different approach on how we can reach that next billion So is there any kind of like documentation on how that like the growth building blocks are starting to merge with the patterns that you are discovering? No, it's a good question. I mean we have plans to look into understand a little bit What where what's the the stage zero where we are at the moment and then to measure throughout the step The time of these projects what's the impact made and and what's the not like what has changed from the zero So for example for my project, I'll be looking into where we are and scouting and there's that I'll be identifying some use cases I will be identifying if someone is already working on it on the national local levels I'll be identifying, you know the interest in that sense and then on the end I would also measure a little bit how that increased for example over hopefully over the six months. I think You know, this is an experiment in itself, right? I think we are figuring out ourselves. How do we best achieve the impact that we want? But I think the point you raise about sharing I think it's really really crucial because what I notice with policy makers is that all even banks, right? So we're trying to say banks please bang people with crypto and their first response is that oh It's very very high risk. Can you point out to other people that are doing it so that we? Can have a sense that what we're doing is kosher? And and I think that sharing is just so important right when it comes to policy process because Honestly, most policy makers and regulators are conservative They don't want to stick their neck out and they'll rather say okay You know who else has done it and then I can go back and explain to my stakeholders that I'm not trying to be too crazy here Mary you were saying about building this out database or repository of the different flavors of regulations that we have So are you planning to open source to show it somehow? What are your plans on that? Yeah, absolutely because I think that it will help companies when they're putting together projects and they write their terms and conditions Like today I think the only thing you can put in is that there is a risk that when you if you die holding this account You will lose everything that's in it And I think once we get a little bit more knowledge about the different laws It may end up being that we have three or four different variations based on where you resident in the world because you know Not only where your resident where the asset is resident and where the person dies that those things all impact how property transfers so yeah, it the plan is definitely to make this open source and ultimately to create a standard of how Whatever our solution is so that it's you it's I have a vision in my head of it being something like an NFT Standard where there's there's one way of it's done and it works for all all concerned it would be interesting and interesting documentation challenge to think of six months and having your Documentation for web three wheel kind of thing right it will be very interesting. That's the long-term vision But that'll take a while because we have to go through law reform before we get there find a pattern Yeah on a very practical practical note on that Me being a fellow from the previous cohort what we built was different notion sites So everything it's open There is even a blog post at the theorem.org and you can go to the blog and you can see you can actually go to my Twitter And you'll you'll see the for the peanut to it there So we tried to blog we tried to say videos and we and particularly notion work well as a tool to sharing different information So that may that may answer your question a very practical approach. So anyone else? Yes, please Hey, I'm from Brazil. So thank you for like brainstorming for the adapting the next billion one thing I believe we're all working here a lot for an incremental change how we Incrementally improve something we have between our hand like We were working on the hackathon like a couple of days ago And there is one thing for instance the address the wallet address Which is the very very very basic something for any body coming to Ethereum or any crypto Do you have to set up a wallet address for him the wallet address by itself? Whatever in Ethereum, which is hexadecimal or in Bitcoin it use a Latin actor, which is already Exclusive there is 20 30 percent of population. They can't recognize the Latin character You know like there is there is the ones they recognize the Latin character and hexadecimal for them is like extremely Weird, but there is the ones they don't even recognize it And that's already 1.5 billion of population. We have today. So we work it We actually won the prize on this part that Like presenting the wallet address on shape like instead of having it hexadecimal I can let the numbers 1 to 10 ABCD FD We having it heart square which is shapes and Colors something kids could recognize and my grandma can there is some stuff like very Basic I would say is like instead of us working incrementally to improve something exist Maybe we try to think about it against scratch from zero There's like how if this if I don't have anything how I would express this how would I would do this if I don't have anything already exists I just want to share this and and I appreciate really your work on the incremental and I know as like Has anybody working in a domain focus you have to increment? But yeah, how do you feel about like scratching something? It's like let's throw this all away and scratch some some rainstorm from zero Yeah, thank you. Thank you for your question I'll try to reframe it a little bit coming from the use cases and documentation approach So this is somehow kind of a scaling question and particularly addressing the language barrier As a Brazilian, there's always this thing that we have with like eight We have the Latin American gathering and everyone is speaking in Spanish and it feels weird, right? So I've lived in Brazil for a couple of years and I know Where this comes from in a sense of language and how it kind of becomes an extra challenge for us also Talking about blockchain cadena de bloques doesn't sound that sexy. You do one blockchain, right? So these kind of small steps that are on the language kind of barriers for scaling Do you have anything to share? Like do you haven't thought of any strategies? Can you can you share anything? I? Love to share a little bit of that because I feel you touch on a very important issue about really how how can it be more inclusive? the ecosystem and I feel one part I kind of is a huge long gripe of mine is how the UX itself is Can be exclusive and example is that you know, I live in many places where the GDP per capita is under two three thousand dollars So it's not very very rich places And when you make a mistake with your wallet on gas fees or anything It's very expensive, you know me losing three bucks if I'm in the US because I made a mistake on my transaction It's not a big problem me working with someone in Vietnam Who loses like three bucks or ten bucks because they made some mistake on a transaction? That's a huge amount of money And and I think there needs to be ways to make the UX more inclusive I think what you're suggesting might be one direction But just I think there's many many of these little things that can be done to make it just a much more inclusive ecosystem Yeah, I would like to add on this inclusivity is very important It's a very good topic and very good the ideas out there Don't think we should think of anything that we have so far now as a set in stone as a founding Founding things that we should never touch That put us in a very wrong step. We need to be criticizing and everything but you have a critical thinking over everything Maybe it worked but at some point But it didn't thought of everything inclusively now when we have this mind when we have this conscious of that We were not inclusive we should go back and be criticizing on any of the solutions that we have That are not inclusive So I think that's very important to like be be open-minded to this and just like challenge everything that we have if it's if It's not inclusive enough Nothing is secret in a way secret and safe and saints in that sense not to be touched so Well, I'm getting a little bit ahead of my project, but I suspect that once we've gathered all the data We're going to be jumping from in most places paper documents to some other form of solutions So yeah, I think there is a possibility to rewrite the whole how the process is done as long as we Work within the legal framework to do that. So yeah Coming back to to to the original approach about language Our white paper was written in Spanish Spanish first and it has been a quite challenge because most of the people want to read it In English, but we want to reach much most of people Spanish speaking So it is like no no no it was written for you, but no no no, but I want to read your white paper in English No, no, no, but it was written for so so yeah, I feel that challenge a lot So we have 10 more minutes and I will love for them to have also some kind of Closing remarks. So maybe we have a room for one or two questions. So there's one person over there Hi, I'm Maggie. Thank you so much for sharing and talking on this panel. So my question is actually about building trust So how do you actually build trust within the audiences that you serve? Because I think Ethereum for the next billion is a really big topic that all of us are Looking to work towards but I think like on the other side for people that don't know about Ethereum or people that are and users What are some of the challenges for building trust within these communities? And what are some of the things that you're doing already to do that? I love that question particularly because from the different audiences that you're addressing these next billion people If you're scared when they think about Bitcoin, they feel Ponzi schemes They feel scams they feel all these things that we were discussing before so please jump and can we have our 20 minutes, please? If I may just like I think we just need to be stay more open and show what the good things are we doing and what we Want to to do it like there is that it's not about making a personal gain And it's not about the TV is not about that. It's so much about solving the real real real problems I guarantee you people who are not in this room or not in the Ethereum community have no clue about that and Just finding ways. How do we bring that? So bring them on talk to your friends advocate bring them together? you know organize talks and Disclose all of these talk about you know instead of them asking you so what about this is about the crypto occurrences You can make no no no let me explain you what this is about actually and what is what it does So like go go into death. I think going into this being more open and being you know Like taking off the hoodie and showing that we are we are human and we are people and and we want to you know Be open not just like a close a little room that you can't access actually unless you are part of the community I think we were just chatting before this session about expectations pre-deaf con and in deaf con And I remember you say like oh, you know I thought people be lining up outside with the Ferraris and the composition all about Lambo Lambo Lambo And I think it's a very different vibe We actually got coming down here and I think you know one thing I feel is like regulators and policy makers That is their impression of the community And if they if more of them come to this event I think they would understand it a lot better and I think that's something that you know It has to be done to build that trust where they actually see here and interact With the community to understand the values of this community and I think to add to that I think our our style of communication. I think we need to Remember that our audience doesn't come with the backgrounds that we have and that we if we can I like to I like to bridge things So it's like something you're doing already, but it's a little bit different so that they're not completely intimidated by what it is we're doing and Then to perhaps touch it slightly controversial nerve. We were talking about this earlier. I think we need to self-regulate. I Think that when we have incidents in the community that are not good We need to be seen to be disapproving of those Incidents because if you look in what mainstream media tends to cover it's things like hacks or exploits of some sort and That doesn't make us look good Yeah, there is a lot of to build on self-regulating this community as Joffrey was asking when she said life Is there any regulator here? No one raised the hand So there's this means that there's people making rules for how we should operate or build in the thermo ecosystem That they are not in this room that they are not feeling this vibe So it is our responsibility to bring them here and also for us to visit them and to share and to grab this next billion Is there any other story just that to be open-minded with that? You know to understand like where they coming from and what their pain problem points our problems are And how do we navigate through that instead of being angry on them? You know we have a tendency when we hear from them like we will forbid this is not gonna work And it's never you're like no you're stupid No, you should just turn this different like different really be be what we are a good people open a mind and open heart Like with a clean heart. So coming to that talks with a clean, you know open-minded and You know good intentions and also good that like good good heart, you know This is also why I love the graphic principle graphic design principles on Web 3 if I jump with this shirt into any political Party, they don't know who I'm rooting for I'm as inclusive as possible, right? So this is kind of the message to bring the next billion to show every single color and bring them any other question Well, there's probably one minute one minute and a half I will love for you to share any closing remarks Hopefully optimistic on how the theory make a system can positively impact the life of the next billion And how people can reach you Yeah, sure I can do I can start I think we just need to stay humble, but then on the other hand Be more open Help help others look for you know one week once we solve one problem look for another problem We can solve there are so many problems in this world But and maybe we cannot solve them all but we can solve a lot so That's a big task to do and if we are oriented always to that to look into how we solve some of the real real problems then Then we will stay on a good path and it will be recognized better. It will be be more and more seen as someone who is Who is part of the solution rather than a part of the problem and we need to prove We're not doing that knowing to prove that as we know we're doing that for for a good reason for the good cause But just staying with this good cause always And this value system Would be very important. I think Thank clothing Death and the transfer of assets is a is a challenging expensive complicated problem And I think once we get a baseline of what rules apply to it I know that the Ethereum community has Created a solution and I'm counting on the development teams in the room to help with this because we will be We will be sparing people heartache and we'll be sparing them cost and complication and For a lot of folks It's a legal process that they don't have access to lawyers And if we can make it something that is done automatically and driven by the holder of the asset I think we can improve people's lives Yeah, I think the one word that really stands out for me is inclusiveness And I think the way I see it is that you know, we should be thinking about who should be a part of this conversation But it's not a current part of the conversation So I think for me, you know, my thought is that I'm gonna have a bring bring a policymaker bring a regulator to an event Mindset, I think the future where you know, if they are not, you know They are dealing with these issues But they are not part of this conversation part of this community or part of the the environment here It's it's something a burden that I should take to make sure that you know, they are able to come here and participate in all of these things So, thank you very much. I just want to close with sharing an experience that I had a couple of years ago for a pandemic I was in an in a global government summit Actually was an open government partnership summit in Ottawa in Canada And to my surprise I was feeling like the only technologies there and to my surprise one of the first Conversations at that in the stage was Tim Berners-Lee So he was sharing all his thoughts on how he envisioned the internet and how he's thinking the web tree will look like Or the next internet or the next web And when he stepped down of the of the scenario say like hey, you know Probably probably you and me are the only technologies here like what brought you here Do you actually think that the web tree or the next internet is going to be better? And he said just like the internet the web tree is like a sidewalk There's going to be good people and bad people walking through it So that's the message use it well bring the next billion for positively impacting the lives of the many. Thank you