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00:00...privacy-preserving, and most importantly, it will also work in a world of increasingly strong AI.
00:06Then second, use such a system to distribute ownership in a digital token to eventually every human.
00:13And use that to bootstrap the network to critical scale.
00:17Because none of those networks actually matter if they don't get to scale.
00:20So then three, actually reach critical scale and show initial utility.
00:25To then four, shift our entire focus to a city centralization for the scaling of these networks.
00:31To then five, actually reach global scale, make the benefits of AGI and other technological innovations available to everyone.
00:39Today we'll talk about how to get to more scale, but also how this will actually be useful in the coming months.
00:47And lastly, we will cover decentralization, why we care so much about it, and what the next big steps there will be.
00:52Of course, another core idea, right from the beginning, was motivated by us believing that if we succeed on this mission, this is turning up.
01:06As I mentioned, it will be a combination of proof of human and financial alternatives.
01:10And maybe even more as we go along.
01:12That turned out to be world.
01:13And also back then, we came up with a simple plan.
01:17That actually never really changed.
01:19And I don't think it will change in the next 10 years.
01:21We had a couple simple steps.
01:23The first one was all about building that is truly global.
01:26And this is something they can do about building that is Jordan建
01:50which seems to be an excellent person on the way.