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I think non-financial use cases of

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blockchain are just emerging the biggest

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such application currently are nfts or

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non-fungible tokens which represent

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unique assets things like Collectibles

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primarily today but there's been an

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explosion of representing other types of

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assets things like carbon credits real

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estate Securities and those kinds of

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things fundamentally you can think of

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blockchain as creating more efficient

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usage or exchanges in almost any Arena

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one way to use blockchain is to track

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energy and and how it's used throughout

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a grid and being able to then help

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people figure out how to use it much

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more efficiently

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any time where there's like a contract

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the participants they need some level of

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trust right and usually we bring in

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lawyers to do that and it's great

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lawyers are an awesome solution to that

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they're also an expensive solution to

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that blockchains can create situations

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they can't solve every problem but they

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can create situations where we don't

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necessarily need a lawyer to be involved

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because things that the lawyer would

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take care of can happen on the

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blockchain in a way that everyone can

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trust currently when we upload photos or

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videos we don't actually have ownership

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over that data so there's a huge

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opportunity in terms of how do we

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communicate with people that we love but

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also how do we create online

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what excites me most about blockchain is

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the opportunity to deal with the wealth

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Gap blockchain enables opportunity

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because in this space we get to

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de-identify ourselves and now I'm able

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to interact with people anonymously or

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pseudo anonymously with just as a series

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of numbers my public key and I can

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participate in any type of use cases

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that I want without having that

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regulation preventing me simply because

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you know I'm of a particular demographic

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or a particular gender My Hope for the

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future of blockchain is that we find

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ways to solve problems that we haven't

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been very good at solving Financial

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inclusions an obvious one blockchain

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technology either by itself will solve

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this problem or it will push governments

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to put in more sensible regulation to

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have more sensible policies on access

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that'll solve the problem the thing that

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keeps me up at night that I'm really

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worried about is that we will wind up

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whether accidentally or deliberately

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rebuilding the same biases that we have

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in our existing system

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foreign

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there definitely are environmental

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impacts when it comes to blockchain

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technology with Bitcoin it's proof of

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work and proof of work requires energy

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consumption but the value that Bitcoin

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brings is much higher than that energy

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consumption the environmental impacts

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are disastrous in the case of the proof

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of work Technologies that's Bitcoin as

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an example so proof of stake is another

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form of consensus system we have

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stakeholders that stake on a on a

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blockchain to say that this block is

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valid so using proof of stake we're

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actually not expending any electricity

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usage a lot of people believe that it's

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it's less decentralized so I think

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you're going to see blockchain reducing

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its own carbon footprint meanwhile

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providing Technologies and abilities

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that will help improve things outside of

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the blockchain space

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I believe that crypto currency in

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blockchain are going to continue to grow

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and be widely adopted it's true that it

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goes through Cycles so sometimes we'll

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see a massive run-up and then a

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correction but if you zoom out over

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these from one cycle to the next it

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continues to grow at a really rapid Pace

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my biggest concern with blockchain

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technology is that it's developing very

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fast but the regulators and governments

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don't really understand it they don't

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know how to regulate it they will

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eventually but short term they don't and

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it's important to agree across countries

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not just in one country it's already

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become a an underlying layer for lots of

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systems and applications worldwide and

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so it's pretty difficult to at this

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point stop using blockchains do I think

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decentralized permissionless open

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networks are here to say I certainly

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hope so and I think Bitcoin demonstrated

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that they are at least that one seems to

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be over a decade in existence will the

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new one survive it's really anybody's

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guess it's impossible to know for any

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new thing we need a lot of evidence to

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believe that it's really going to be the

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next big thing and in the case of

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blockchain we just don't have that

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evidence yet blockchain's helping push

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the technology it's pushing ideas it's

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pushing competition but sometimes the

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first mover isn't the one who wins