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What <00:00:13.393><c>else, </c><00:00:14.166><c>dude, </c><00:00:14.939><c>good</c>

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What else, dude, good
 

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What else, dude, good
afternoon. <00:00:17.340><c>Well,</c>

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afternoon. Well,
 

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afternoon. Well,
Camila <00:00:18.230><c>de </c><00:00:18.520><c>Lalo's </c><00:00:18.810><c>presentation </c><00:00:19.100><c>is </c><00:00:19.390><c>incredible. </c><00:00:19.680><c>Well,</c>

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Camila de Lalo's presentation is incredible. Well,
 

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Camila de Lalo's presentation is incredible. Well,
unfortunately, <00:00:20.159><c>I'm </c><00:00:20.459><c>not </c><00:00:20.759><c>that </c><00:00:21.059><c>prepared </c><00:00:21.359><c>or</c>

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unfortunately, I'm not that prepared or
 

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unfortunately, I'm not that prepared or
with <00:00:21.847><c>that </c><00:00:22.094><c>many </c><00:00:22.341><c>numbers. </c><00:00:22.588><c>In </c><00:00:22.835><c>fact, </c><00:00:23.082><c>I </c><00:00:23.329><c>don't </c><00:00:23.576><c>come</c>

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with that many numbers. In fact, I don't come
 

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with that many numbers. In fact, I don't come
so <00:00:24.120><c>much </c><00:00:24.420><c>to </c><00:00:24.720><c>talk </c><00:00:25.020><c>about </c><00:00:25.320><c>very </c><00:00:25.620><c>specific </c><00:00:25.920><c>use </c><00:00:26.220><c>cases,</c>

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so much to talk about very specific use cases,
 

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so much to talk about very specific use cases,
but <00:00:26.910><c>rather </c><00:00:27.360><c>to </c><00:00:27.810><c>make </c><00:00:28.260><c>a</c>

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but rather to make a
 

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but rather to make a
space <00:00:29.052><c>for </c><00:00:29.364><c>us </c><00:00:29.676><c>to </c><00:00:29.988><c>dream. </c><00:00:30.300><c>And</c>

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space for us to dream. And
 

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space for us to dream. And
suddenly, <00:00:31.039><c>we </c><00:00:31.299><c>can </c><00:00:31.559><c>pose </c><00:00:31.819><c>the </c><00:00:32.079><c>questions </c><00:00:32.339><c>and</c>

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suddenly, we can pose the questions and
 

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suddenly, we can pose the questions and
answers <00:00:32.789><c>in </c><00:00:32.938><c>a </c><00:00:33.087><c>different </c><00:00:33.236><c>way.</c>

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answers in a different way.
 

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answers in a different way.
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Yes, <00:00:36.548><c>it's </c><00:00:36.836><c>the </c><00:00:37.124><c>name </c><00:00:37.412><c>that </c><00:00:37.700><c>I'm </c><00:00:37.988><c>known </c><00:00:38.276><c>by</c>

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Yes, it's the name that I'm known by
 

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Yes, it's the name that I'm known by
in <00:00:39.022><c>this </c><00:00:39.404><c>community, </c><00:00:39.786><c>it's </c><00:00:40.168><c>a </c><00:00:40.550><c>river </c><00:00:40.932><c>in </c><00:00:41.314><c>Ohio </c><00:00:41.696><c>in</c>

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in this community, it's a river in Ohio in
 

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in this community, it's a river in Ohio in
the <00:00:42.127><c>north </c><00:00:42.434><c>and </c><00:00:42.741><c>there's </c><00:00:43.048><c>a </c><00:00:43.355><c>word </c><00:00:43.662><c>that </c><00:00:43.969><c>comes </c><00:00:44.276><c>from</c>

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the north and there's a word that comes from
 

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the north and there's a word that comes from
Dusty, <00:00:44.910><c>which </c><00:00:45.300><c>means </c><00:00:45.690><c>fresh </c><00:00:46.080><c>water, </c><00:00:46.470><c>and </c><00:00:46.860><c>it</c>

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Dusty, which means fresh water, and it
 

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Dusty, which means fresh water, and it
seemed <00:00:47.599><c>very </c><00:00:47.858><c>magical </c><00:00:48.117><c>to </c><00:00:48.376><c>me </c><00:00:48.635><c>that </c><00:00:48.894><c>by</c>

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seemed very magical to me that by
 

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seemed very magical to me that by
chance <00:00:49.349><c>I </c><00:00:49.619><c>came </c><00:00:49.889><c>to </c><00:00:50.159><c>be </c><00:00:50.429><c>on </c><00:00:50.699><c>the </c><00:00:50.969><c>Def </c><00:00:51.239><c>stage,</c>

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chance I came to be on the Def stage,
 

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chance I came to be on the Def stage,
which <00:00:51.719><c>is </c><00:00:51.899><c>called </c><00:00:52.079><c>River, </c><00:00:52.259><c>and </c><00:00:52.439><c>for </c><00:00:52.619><c>me </c><00:00:52.799><c>it's</c>

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which is called River, and for me it's
 

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which is called River, and for me it's
something <00:00:52.980><c>special.</c>

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something special.
 

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something special.
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Well, <00:00:57.580><c>first, </c><00:00:58.520><c>let's </c><00:00:59.460><c>mention</c>

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Well, first, let's mention
 

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Well, first, let's mention
the <00:00:59.899><c>community </c><00:01:00.158><c>in </c><00:01:00.417><c>Colombia </c><00:01:00.676><c>that </c><00:01:00.935><c>has </c><00:01:01.194><c>been</c>

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the community in Colombia that has been
 

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the community in Colombia that has been
here, <00:01:01.429><c>the </c><00:01:01.659><c>president, </c><00:01:01.889><c>accompanying </c><00:01:02.119><c>all </c><00:01:02.349><c>of </c><00:01:02.579><c>this.</c>

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here, the president, accompanying all of this.
 

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here, the president, accompanying all of this.
Many <00:01:03.164><c>of </c><00:01:03.568><c>them </c><00:01:03.972><c>are </c><00:01:04.376><c>here.</c>

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Many of them are here.
 

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Many of them are here.
Thank <00:01:04.860><c>you </c><00:01:05.040><c>very </c><00:01:05.220><c>much </c><00:01:05.400><c>for </c><00:01:05.580><c>having</c>

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Thank you very much for having
 

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Thank you very much for having
participated <00:01:06.740><c>in </c><00:01:07.120><c>this </c><00:01:07.500><c>whole</c>

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participated in this whole
 

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participated in this whole
DefCon <00:01:08.124><c>experience. </c><00:01:08.449><c>This </c><00:01:08.774><c>is </c><00:01:09.099><c>for </c><00:01:09.424><c>us, </c><00:01:09.749><c>and </c><00:01:10.074><c>truly,</c>

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DefCon experience. This is for us, and truly,
 

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DefCon experience. This is for us, and truly,
congratulations <00:01:10.270><c>for </c><00:01:10.460><c>having </c><00:01:10.650><c>made </c><00:01:10.840><c>it </c><00:01:11.030><c>this </c><00:01:11.220><c>far.</c>

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congratulations for having made it this far.
 

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I <00:01:13.545><c>work </c><00:01:13.931><c>with </c><00:01:14.317><c>Platoedro, </c><00:01:14.703><c>we </c><00:01:15.089><c>are </c><00:01:15.475><c>an</c>

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I work with Platoedro, we are an
 

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I work with Platoedro, we are an
organization <00:01:16.007><c>that </c><00:01:16.294><c>has </c><00:01:16.581><c>been </c><00:01:16.868><c>working </c><00:01:17.155><c>on</c>

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organization that has been working on
 

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organization that has been working on
social <00:01:18.554><c>projects </c><00:01:18.989><c>with </c><00:01:19.424><c>science, </c><00:01:19.859><c>art,</c>

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social projects with science, art,
 

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social projects with science, art,
culture, <00:01:20.773><c>technology </c><00:01:20.966><c>for </c><00:01:21.159><c>18 </c><00:01:21.352><c>years, </c><00:01:21.545><c>and </c><00:01:21.738><c>we </c><00:01:21.931><c>look </c><00:01:22.124><c>for </c><00:01:22.317><c>new</c>

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culture, technology for 18 years, and we look for new
 

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culture, technology for 18 years, and we look for new
ways <00:01:23.076><c>to  </c><00:01:23.412><c>cooperate </c><00:01:23.748><c>new </c><00:01:24.084><c>ways </c><00:01:24.420><c>of</c>

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ways to  cooperate new ways of
 

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ways to  cooperate new ways of
using <00:01:25.260><c>technologies </c><00:01:25.920><c>creativity</c>

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using technologies creativity
 

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using technologies creativity
and <00:01:26.745><c>ancestral </c><00:01:27.270><c>knowledge </c><00:01:27.795><c>to </c><00:01:28.320><c>change</c>

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and ancestral knowledge to change
 

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and ancestral knowledge to change
the <00:01:28.740><c>world</c>

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the world
 

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the world
and <00:01:29.611><c>well </c><00:01:29.862><c>I </c><00:01:30.113><c>also </c><00:01:30.364><c>wanted </c><00:01:30.615><c>to </c><00:01:30.866><c>take </c><00:01:31.117><c>this </c><00:01:31.368><c>opportunity </c><00:01:31.619><c>to</c>

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and well I also wanted to take this opportunity to
 

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and well I also wanted to take this opportunity to
thank <00:01:32.399><c>the </c><00:01:32.938><c>foundation</c>

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thank the foundation
 

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thank the foundation
I <00:01:33.276><c>know </c><00:01:33.433><c>that </c><00:01:33.590><c>the </c><00:01:33.747><c>foundation </c><00:01:33.904><c>doesn't </c><00:01:34.061><c>want </c><00:01:34.218><c>to </c><00:01:34.375><c>appear</c>

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I know that the foundation doesn't want to appear
 

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I know that the foundation doesn't want to appear
so <00:01:35.025><c>sorry </c><00:01:35.370><c>but </c><00:01:35.715><c>really </c><00:01:36.060><c>We</c>

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so sorry but really We
 

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so sorry but really We
thank <00:01:36.577><c>you </c><00:01:36.734><c>very </c><00:01:36.891><c>much </c><00:01:37.048><c>for </c><00:01:37.205><c>having </c><00:01:37.362><c>brought </c><00:01:37.519><c>so </c><00:01:37.676><c>much</c>

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thank you very much for having brought so much
 

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thank you very much for having brought so much
money <00:01:38.255><c>and </c><00:01:38.531><c>making </c><00:01:38.807><c>this </c><00:01:39.083><c>big </c><00:01:39.359><c>production</c>

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money and making this big production
 

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money and making this big production
of <00:01:39.760><c>Def </c><00:01:39.980><c>that </c><00:01:40.200><c>is </c><00:01:40.420><c>very </c><00:01:40.640><c>nice </c><00:01:40.860><c>and </c><00:01:41.080><c>thank </c><00:01:41.300><c>you </c><00:01:41.520><c>very</c>

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of Def that is very nice and thank you very
 

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of Def that is very nice and thank you very
much <00:01:42.037><c>for </c><00:01:42.254><c>putting </c><00:01:42.471><c>your </c><00:01:42.688><c>eye </c><00:01:42.905><c>on </c><00:01:43.122><c>it </c><00:01:43.339><c>but</c>

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much for putting your eye on it but
 

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much for putting your eye on it but
this <00:01:44.800><c>is </c><00:01:45.260><c>not </c><00:01:45.720><c>about</c>

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this is not about
 

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this is not about
Thank <00:01:46.154><c>you </c><00:01:46.408><c>for </c><00:01:46.662><c>discovering </c><00:01:46.916><c>us </c><00:01:47.170><c>no </c><00:01:47.424><c>that </c><00:01:47.678><c>is </c><00:01:47.932><c>a</c>

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Thank you for discovering us no that is a
 

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Thank you for discovering us no that is a
little <00:01:48.124><c>bit </c><00:01:48.248><c>what </c><00:01:48.372><c>we </c><00:01:48.496><c>are </c><00:01:48.620><c>going </c><00:01:48.744><c>to </c><00:01:48.868><c>talk </c><00:01:48.992><c>about </c><00:01:49.116><c>today </c><00:01:49.240><c>no </c><00:01:49.364><c>no </c><00:01:49.488><c>it </c><00:01:49.612><c>is</c>

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little bit what we are going to talk about today no no it is
 

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little bit what we are going to talk about today no no it is
a <00:01:50.022><c>little </c><00:01:50.245><c>bit </c><00:01:50.468><c>of </c><00:01:50.691><c>maintaining </c><00:01:50.914><c>that </c><00:01:51.137><c>perspective </c><00:01:51.360><c>that</c>

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a little bit of maintaining that perspective that
 

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a little bit of maintaining that perspective that
someone <00:01:51.697><c>is </c><00:01:51.854><c>coming </c><00:01:52.011><c>to </c><00:01:52.168><c>discover </c><00:01:52.325><c>us </c><00:01:52.482><c>and </c><00:01:52.639><c>well </c><00:01:52.796><c>we</c>

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someone is coming to discover us and well we
 

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someone is coming to discover us and well we
started

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started
 

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started
thinking <00:01:54.834><c>from </c><00:01:55.229><c>the </c><00:01:55.624><c>south </c><00:01:56.019><c>it </c><00:01:56.414><c>is </c><00:01:56.809><c>not </c><00:01:57.204><c>very </c><00:01:57.599><c>common</c>

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thinking from the south it is not very common
 

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thinking from the south it is not very common
that <00:01:58.128><c>and </c><00:01:58.296><c>right </c><00:01:58.464><c>now </c><00:01:58.632><c>I </c><00:01:58.800><c>was </c><00:01:58.968><c>telling </c><00:01:59.136><c>you </c><00:01:59.304><c>here </c><00:01:59.472><c>with </c><00:01:59.640><c>the</c>

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that and right now I was telling you here with the
 

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that and right now I was telling you here with the
Euro <00:02:00.059><c>Century </c><00:02:00.359><c>boxing </c><00:02:00.659><c>it </c><00:02:00.959><c>is </c><00:02:01.259><c>very </c><00:02:01.559><c>common </c><00:02:01.859><c>that</c>

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Euro Century boxing it is very common that
 

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Euro Century boxing it is very common that
sometimes <00:02:02.384><c>we </c><00:02:02.789><c>want </c><00:02:03.194><c>to </c><00:02:03.599><c>try </c><00:02:04.004><c>to </c><00:02:04.409><c>fit </c><00:02:04.814><c>into </c><00:02:05.219><c>a</c>

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sometimes we want to try to fit into a
 

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sometimes we want to try to fit into a
solution <00:02:05.719><c>is </c><00:02:05.859><c>that </c><00:02:05.999><c>they </c><00:02:06.139><c>have </c><00:02:06.279><c>been </c><00:02:06.419><c>designed</c>

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solution is that they have been designed
 

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solution is that they have been designed
thinking <00:02:07.220><c>about </c><00:02:07.480><c>solutions </c><00:02:07.740><c>from </c><00:02:08.000><c>what </c><00:02:08.260><c>they </c><00:02:08.520><c>have</c>

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thinking about solutions from what they have
 

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thinking about solutions from what they have
called <00:02:09.270><c>the </c><00:02:09.600><c>first </c><00:02:09.930><c>world </c><00:02:10.260><c>and </c><00:02:10.590><c>well </c><00:02:10.920><c>yes</c>

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called the first world and well yes
 

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called the first world and well yes
all <00:02:12.899><c>the </c><00:02:13.199><c>possibilities </c><00:02:13.499><c>for </c><00:02:13.799><c>the</c>

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all the possibilities for the
 

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all the possibilities for the
crypto <00:02:14.250><c>option </c><00:02:14.580><c>in </c><00:02:14.910><c>Latin </c><00:02:15.240><c>America </c><00:02:15.570><c>but </c><00:02:15.900><c>that</c>

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crypto option in Latin America but that
 

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crypto option in Latin America but that
crypto <00:02:16.146><c>option </c><00:02:16.272><c>is </c><00:02:16.398><c>not </c><00:02:16.524><c>going </c><00:02:16.650><c>to </c><00:02:16.776><c>be </c><00:02:16.902><c>based </c><00:02:17.028><c>on </c><00:02:17.154><c>copying</c>

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crypto option is not going to be based on copying
 

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crypto option is not going to be based on copying
models <00:02:17.894><c>or </c><00:02:18.388><c>importing </c><00:02:18.882><c>models </c><00:02:19.376><c>but</c>

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models or importing models but
 

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models or importing models but
rather <00:02:19.710><c>it </c><00:02:19.920><c>is </c><00:02:20.130><c>us </c><00:02:20.340><c>ourselves </c><00:02:20.550><c>who </c><00:02:20.760><c>are</c>

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rather it is us ourselves who are
 

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rather it is us ourselves who are
going <00:02:21.066><c>to </c><00:02:21.253><c>take </c><00:02:21.440><c>on </c><00:02:21.627><c>the </c><00:02:21.814><c>task </c><00:02:22.001><c>of </c><00:02:22.188><c>building </c><00:02:22.375><c>those</c>

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going to take on the task of building those
 

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going to take on the task of building those
models

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models
 

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models
I <00:02:24.119><c>would </c><00:02:24.359><c>like </c><00:02:24.599><c>to </c><00:02:24.839><c>start </c><00:02:25.079><c>with </c><00:02:25.319><c>and </c><00:02:25.559><c>I </c><00:02:25.799><c>think </c><00:02:26.039><c>that</c>

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I would like to start with and I think that
 

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I would like to start with and I think that
is <00:02:26.319><c>like </c><00:02:26.539><c>the </c><00:02:26.759><c>most </c><00:02:26.979><c>concrete </c><00:02:27.199><c>part </c><00:02:27.419><c>of</c>

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is like the most concrete part of
 

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is like the most concrete part of
my <00:02:27.934><c>entire </c><00:02:28.148><c>talk </c><00:02:28.362><c>this </c><00:02:28.576><c>is </c><00:02:28.790><c>a  </c><00:02:29.004><c>space </c><00:02:29.218><c>of</c>

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my entire talk this is a  space of
 

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my entire talk this is a  space of
speculative <00:02:29.776><c>realism </c><00:02:30.093><c>and </c><00:02:30.410><c>I </c><00:02:30.727><c>believe </c><00:02:31.044><c>that </c><00:02:31.361><c>is </c><00:02:31.678><c>the</c>

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speculative realism and I believe that is the
 

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speculative realism and I believe that is the
power <00:02:31.839><c>that </c><00:02:31.939><c>we </c><00:02:32.039><c>have </c><00:02:32.139><c>in </c><00:02:32.239><c>Latin </c><00:02:32.339><c>America</c>

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power that we have in Latin America
 

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power that we have in Latin America
we <00:02:33.150><c>have </c><00:02:33.600><c>the </c><00:02:34.050><c>possibility </c><00:02:34.500><c>of</c>

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we have the possibility of
 

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we have the possibility of
dialogues <00:02:34.979><c>not </c><00:02:35.278><c>One </c><00:02:35.577><c>non-humans </c><00:02:35.876><c>the</c>

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dialogues not One non-humans the
 

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dialogues not One non-humans the
possibility <00:02:36.494><c>of </c><00:02:36.749><c>magic </c><00:02:37.004><c>the </c><00:02:37.259><c>possibility</c>

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possibility of magic the possibility
 

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possibility of magic the possibility
of <00:02:37.740><c>intuition </c><00:02:38.040><c>the </c><00:02:38.340><c>possibility </c><00:02:38.640><c>of </c><00:02:38.940><c>the</c>

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of intuition the possibility of the
 

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of intuition the possibility of the
jungle <00:02:39.240><c>and </c><00:02:39.420><c>it </c><00:02:39.600><c>is </c><00:02:39.780><c>from </c><00:02:39.960><c>there </c><00:02:40.140><c>from </c><00:02:40.320><c>where </c><00:02:40.500><c>we</c>

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jungle and it is from there from where we
 

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jungle and it is from there from where we
should <00:02:41.099><c>then </c><00:02:41.459><c>build </c><00:02:41.819><c>our</c>

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should then build our
 

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should then build our
processes <00:02:42.342><c>and </c><00:02:42.564><c>from </c><00:02:42.786><c>There </c><00:02:43.008><c>is </c><00:02:43.230><c>where </c><00:02:43.452><c>we </c><00:02:43.674><c>should</c>

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processes and from There is where we should
 

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processes and from There is where we should
allow <00:02:44.375><c>our </c><00:02:44.651><c>creativity </c><00:02:44.927><c>to </c><00:02:45.203><c>flow </c><00:02:45.479><c>this</c>

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allow our creativity to flow this
 

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allow our creativity to flow this
phrase <00:02:46.560><c>is </c><00:02:46.680><c>going </c><00:02:46.800><c>to </c><00:02:46.920><c>share </c><00:02:47.040><c>with </c><00:02:47.160><c>me </c><00:02:47.280><c>this </c><00:02:47.400><c>week </c><00:02:47.520><c>and </c><00:02:47.640><c>I</c>

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phrase is going to share with me this week and I
 

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phrase is going to share with me this week and I
love <00:02:48.143><c>it </c><00:02:48.467><c>says </c><00:02:48.791><c>a </c><00:02:49.115><c>science </c><00:02:49.439><c>fiction</c>

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love it says a science fiction
 

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love it says a science fiction
written <00:02:50.209><c>by </c><00:02:50.558><c>peoples </c><00:02:50.907><c>who </c><00:02:51.256><c>have </c><00:02:51.605><c>overcome </c><00:02:51.954><c>their</c>

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written by peoples who have overcome their
 

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written by peoples who have overcome their
own <00:02:52.454><c>end </c><00:02:52.648><c>of </c><00:02:52.842><c>the </c><00:02:53.036><c>world </c><00:02:53.230><c>is </c><00:02:53.424><c>that </c><00:02:53.618><c>we </c><00:02:53.812><c>are</c>

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own end of the world is that we are
 

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own end of the world is that we are


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totally <00:02:55.605><c>tenacious </c><00:02:56.170><c>peoples </c><00:02:56.735><c>a </c><00:02:57.300><c>super</c>

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totally tenacious peoples a super
 

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totally tenacious peoples a super
strong <00:02:57.759><c>people </c><00:02:57.919><c>who </c><00:02:58.079><c>have </c><00:02:58.239><c>been </c><00:02:58.399><c>able </c><00:02:58.559><c>to</c>

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strong people who have been able to
 

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strong people who have been able to
combat <00:02:59.099><c>a </c><00:02:59.459><c>lot </c><00:02:59.819><c>of</c>

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combat a lot of
 

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combat a lot of
adversities

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adversities
 

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adversities
carried <00:03:03.665><c>in </c><00:03:04.011><c>relation </c><00:03:04.357><c>to </c><00:03:04.703><c>global </c><00:03:05.049><c>power </c><00:03:05.395><c>and</c>

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carried in relation to global power and
 

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carried in relation to global power and
this <00:03:06.029><c>this </c><00:03:06.239><c>power </c><00:03:06.449><c>that </c><00:03:06.659><c>we </c><00:03:06.869><c>have </c><00:03:07.079><c>and </c><00:03:07.289><c>that </c><00:03:07.499><c>has</c>

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this this power that we have and that has
 

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this this power that we have and that has
kept <00:03:07.882><c>us </c><00:03:08.084><c>here </c><00:03:08.286><c>is </c><00:03:08.488><c>what </c><00:03:08.690><c>will </c><00:03:08.892><c>allow </c><00:03:09.094><c>us </c><00:03:09.296><c>to</c>

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kept us here is what will allow us to
 

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kept us here is what will allow us to
build <00:03:10.095><c>the </c><00:03:10.451><c>solutions </c><00:03:10.807><c>that </c><00:03:11.163><c>we </c><00:03:11.519><c>need</c>

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build the solutions that we need
 

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build the solutions that we need
in <00:03:11.999><c>the </c><00:03:12.179><c>future</c>

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in the future
 

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in the future
last <00:03:14.306><c>summer </c><00:03:14.672><c>I </c><00:03:15.038><c>was </c><00:03:15.404><c>in </c><00:03:15.770><c>Buenos </c><00:03:16.136><c>Aires</c>

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last summer I was in Buenos Aires
 

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last summer I was in Buenos Aires
and <00:03:16.585><c>there </c><00:03:16.890><c>is </c><00:03:17.195><c>one </c><00:03:17.500><c>of </c><00:03:17.805><c>the </c><00:03:18.110><c>founders </c><00:03:18.415><c>of</c>

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and there is one of the founders of
 

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and there is one of the founders of
this <00:03:18.856><c>community </c><00:03:19.113><c>who </c><00:03:19.370><c>is </c><00:03:19.627><c>very </c><00:03:19.884><c>famous </c><00:03:20.141><c>and </c><00:03:20.398><c>in</c>

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this community who is very famous and in
 

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this community who is very famous and in
part <00:03:20.949><c>of </c><00:03:21.079><c>the </c><00:03:21.209><c>talk </c><00:03:21.339><c>he </c><00:03:21.469><c>says </c><00:03:21.599><c>Argentina</c>

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for <00:03:26.583><c>all </c><00:03:26.927><c>of </c><00:03:27.271><c>Latin </c><00:03:27.615><c>America </c><00:03:27.959><c>I </c><00:03:28.303><c>wouldn't </c><00:03:28.647><c>say </c><00:03:28.991><c>so </c><00:03:29.335><c>much</c>

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for all of Latin America I wouldn't say so much
 

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for all of Latin America I wouldn't say so much
that <00:03:29.742><c>I </c><00:03:29.965><c>have </c><00:03:30.188><c>to </c><00:03:30.411><c>have </c><00:03:30.634><c>little </c><00:03:30.857><c>capacity </c><00:03:31.080><c>in</c>

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that I have to have little capacity in
 

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that I have to have little capacity in
the <00:03:31.630><c>state </c><00:03:31.820><c>I </c><00:03:32.010><c>think </c><00:03:32.200><c>they </c><00:03:32.390><c>are </c><00:03:32.580><c>rather</c>

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the state I think they are rather
 

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the state I think they are rather
malicious <00:03:32.979><c>but </c><00:03:33.258><c>something </c><00:03:33.537><c>that </c><00:03:33.816><c>is </c><00:03:34.095><c>clear </c><00:03:34.374><c>is</c>

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malicious but something that is clear is
 

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malicious but something that is clear is
that <00:03:34.834><c>we </c><00:03:35.108><c>have </c><00:03:35.382><c>incredible </c><00:03:35.656><c>talent </c><00:03:35.930><c>and </c><00:03:36.204><c>I </c><00:03:36.478><c>have</c>

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that we have incredible talent and I have
 

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that we have incredible talent and I have
seen <00:03:36.824><c>it </c><00:03:37.049><c>especially </c><00:03:37.274><c>in </c><00:03:37.499><c>the</c>

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seen it especially in the
 

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seen it especially in the
crypto <00:03:37.930><c>ecosystem </c><00:03:38.121><c>is </c><00:03:38.312><c>that </c><00:03:38.503><c>there </c><00:03:38.694><c>are </c><00:03:38.885><c>many </c><00:03:39.076><c>topless</c>

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crypto ecosystem is that there are many topless
 

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crypto ecosystem is that there are many topless
developers <00:03:40.427><c>who </c><00:03:40.774><c>work </c><00:03:41.121><c>and  </c><00:03:41.468><c>live </c><00:03:41.815><c>in</c>

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developers who work and  live in
 

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developers who work and  live in
Latin <00:03:42.329><c>America </c><00:03:42.658><c>contribute </c><00:03:42.987><c>ecosystems </c><00:03:43.316><c>from</c>

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Latin America contribute ecosystems from
 

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Latin America contribute ecosystems from
all <00:03:43.757><c>over </c><00:03:44.014><c>the </c><00:03:44.271><c>world </c><00:03:44.528><c>special </c><00:03:44.785><c>mention </c><00:03:45.042><c>for </c><00:03:45.299><c>the</c>

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all over the world special mention for the
 

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all over the world special mention for the
people <00:03:45.851><c>of </c><00:03:46.103><c>Argentina </c><00:03:46.355><c>please </c><00:03:46.607><c>I </c><00:03:46.859><c>mean</c>

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people of Argentina please I mean
 

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people of Argentina please I mean
amount <00:03:47.219><c>of </c><00:03:47.518><c>money</c>

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And <00:03:51.699><c>so </c><00:03:51.918><c>the </c><00:03:52.137><c>points </c><00:03:52.356><c>I </c><00:03:52.575><c>wanted </c><00:03:52.794><c>to</c>

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And so the points I wanted to
 

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And so the points I wanted to
start <00:03:53.460><c>with </c><00:03:53.880><c>to </c><00:03:54.300><c>make </c><00:03:54.720><c>here </c><00:03:55.140><c>is </c><00:03:55.560><c>this</c>

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start with to make here is this
 

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start with to make here is this
introduction <00:03:56.040><c>is</c>

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introduction is
 

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introduction is
part <00:03:57.171><c>of </c><00:03:57.442><c>that </c><00:03:57.713><c>process </c><00:03:57.984><c>that </c><00:03:58.255><c>we </c><00:03:58.526><c>have </c><00:03:58.797><c>of</c>

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part of that process that we have of
 

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part of that process that we have of
building <00:03:59.235><c>these </c><00:03:59.490><c>new </c><00:03:59.745><c>solutions </c><00:04:00.000><c>in</c>

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building these new solutions in
 

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building these new solutions in
Latin <00:04:00.720><c>America </c><00:04:01.320><c>involves </c><00:04:01.920><c>cooperating</c>

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Latin America involves cooperating
 

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Latin America involves cooperating
internationally <00:04:02.939><c>and </c><00:04:03.419><c>looking </c><00:04:03.899><c>for </c><00:04:04.379><c>the </c><00:04:04.859><c>points</c>

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internationally and looking for the points
 

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internationally and looking for the points
of <00:04:05.220><c>friction </c><00:04:05.460><c>where </c><00:04:05.700><c>money </c><00:04:05.940><c>does </c><00:04:06.180><c>not</c>

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of friction where money does not
 

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of friction where money does not
flow <00:04:06.640><c>to </c><00:04:06.800><c>the </c><00:04:06.960><c>places </c><00:04:07.120><c>where </c><00:04:07.280><c>it </c><00:04:07.440><c>should</c>

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flow to the places where it should
 

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flow to the places where it should
be <00:04:08.004><c>because </c><00:04:08.209><c>there </c><00:04:08.414><c>are </c><00:04:08.619><c>many </c><00:04:08.824><c>people </c><00:04:09.029><c>who </c><00:04:09.234><c>have</c>

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be because there are many people who have
 

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be because there are many people who have
money <00:04:09.557><c>there </c><00:04:09.754><c>are </c><00:04:09.951><c>many </c><00:04:10.148><c>people </c><00:04:10.345><c>who </c><00:04:10.542><c>are </c><00:04:10.739><c>doing</c>

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money there are many people who are doing
 

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money there are many people who are doing
very <00:04:11.100><c>good </c><00:04:11.340><c>work </c><00:04:11.580><c>but </c><00:04:11.820><c>sometimes </c><00:04:12.060><c>there </c><00:04:12.300><c>are </c><00:04:12.540><c>a</c>

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very good work but sometimes there are a
 

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very good work but sometimes there are a
lot <00:04:13.037><c>of </c><00:04:13.294><c>things </c><00:04:13.551><c>in </c><00:04:13.808><c>between </c><00:04:14.065><c>that </c><00:04:14.322><c>make </c><00:04:14.579><c>it</c>

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lot of things in between that make it
 

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lot of things in between that make it
difficult <00:04:15.039><c>for </c><00:04:15.259><c>us </c><00:04:15.479><c>to </c><00:04:15.699><c>do </c><00:04:15.919><c>everything </c><00:04:16.139><c>so </c><00:04:16.359><c>it </c><00:04:16.579><c>is </c><00:04:16.799><c>very</c>

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difficult for us to do everything so it is very
 

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difficult for us to do everything so it is very
important <00:04:17.150><c>that </c><00:04:17.321><c>we </c><00:04:17.492><c>start </c><00:04:17.663><c>from </c><00:04:17.834><c>here </c><00:04:18.005><c>to </c><00:04:18.176><c>be</c>

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important that we start from here to be
 

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important that we start from here to be
able <00:04:18.782><c>to </c><00:04:19.205><c>do </c><00:04:19.628><c>all </c><00:04:20.051><c>this </c><00:04:20.474><c>really </c><00:04:20.897><c>well </c><00:04:21.320><c>hack</c>

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able to do all this really well hack
 

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able to do all this really well hack
private <00:04:22.620><c>property </c><00:04:22.920><c>one </c><00:04:23.220><c>of </c><00:04:23.520><c>the</c>

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private property one of the
 

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private property one of the
biggest <00:04:23.745><c>problems </c><00:04:23.910><c>in </c><00:04:24.075><c>Latin </c><00:04:24.240><c>America</c>

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biggest problems in Latin America
 

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biggest problems in Latin America
is <00:04:25.539><c>the </c><00:04:26.478><c>latifundio </c><00:04:27.417><c>the</c>

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is the latifundio the
 

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is the latifundio the
land <00:04:28.000><c>grabbing </c><00:04:28.400><c>by </c><00:04:28.800><c>some</c>

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land grabbing by some
 

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land grabbing by some
productive <00:04:29.619><c>sectors </c><00:04:30.259><c>that </c><00:04:30.899><c>put</c>

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productive sectors that put
 

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productive sectors that put
the <00:04:31.311><c>rest </c><00:04:31.423><c>of </c><00:04:31.535><c>the </c><00:04:31.647><c>population </c><00:04:31.759><c>in </c><00:04:31.871><c>detriment </c><00:04:31.983><c>and </c><00:04:32.095><c>misery</c>

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the rest of the population in detriment and misery
 

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the rest of the population in detriment and misery
we <00:04:34.029><c>can </c><00:04:34.978><c>decentralize</c>

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we can decentralize
 

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we can decentralize
land <00:04:35.245><c>ownership </c><00:04:35.330><c>and </c><00:04:35.415><c>we </c><00:04:35.500><c>don't </c><00:04:35.585><c>even </c><00:04:35.670><c>need </c><00:04:35.755><c>to</c>

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land ownership and we don't even need to
 

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land ownership and we don't even need to
reform <00:04:36.540><c>the </c><00:04:36.840><c>state </c><00:04:37.140><c>we </c><00:04:37.440><c>can </c><00:04:37.740><c>simply</c>

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reform the state we can simply
 

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reform the state we can simply
look <00:04:38.360><c>for </c><00:04:38.620><c>communities </c><00:04:38.880><c>that </c><00:04:39.140><c>organize </c><00:04:39.400><c>themselves </c><00:04:39.660><c>to</c>

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look for communities that organize themselves to
 

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look for communities that organize themselves to
buy <00:04:40.215><c>the </c><00:04:40.530><c>land </c><00:04:40.845><c>through </c><00:04:41.160><c>a</c>

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buy the land through a
 

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buy the land through a
crowdfunding <00:04:41.711><c>compro </c><00:04:42.082><c>through </c><00:04:42.453><c>blockchain </c><00:04:42.824><c>and </c><00:04:43.195><c>that</c>

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crowdfunding compro through blockchain and that
 

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crowdfunding compro through blockchain and that
the <00:04:43.679><c>territories </c><00:04:43.978><c>are</c>

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the territories are
 

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the territories are
operated <00:04:46.209><c>by </c><00:04:47.159><c>non-</c>

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operated by non-
 

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operated by non-
profit <00:04:47.580><c>entities </c><00:04:47.820><c>in </c><00:04:48.060><c>that </c><00:04:48.300><c>way </c><00:04:48.540><c>we </c><00:04:48.780><c>could </c><00:04:49.020><c>then</c>

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profit entities in that way we could then
 

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profit entities in that way we could then
establish <00:04:49.860><c>small</c>

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establish small
 

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establish small
properties <00:04:51.923><c>that </c><00:04:52.427><c>are </c><00:04:52.931><c>let's </c><00:04:53.435><c>say  </c><00:04:53.939><c>operated</c>

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properties that are let's say  operated
 

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properties that are let's say  operated
collectively <00:04:54.720><c>by </c><00:04:55.200><c>means </c><00:04:55.680><c>of </c><00:04:56.160><c>dice</c>

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collectively by means of dice
 

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collectively by means of dice
through <00:04:56.562><c>blockchain </c><00:04:56.844><c>so </c><00:04:57.126><c>sometimes </c><00:04:57.408><c>we </c><00:04:57.690><c>don't </c><00:04:57.972><c>have </c><00:04:58.254><c>to</c>

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through blockchain so sometimes we don't have to
 

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through blockchain so sometimes we don't have to
knock <00:04:58.602><c>everything </c><00:04:58.764><c>down </c><00:04:58.926><c>we </c><00:04:59.088><c>can </c><00:04:59.250><c>get </c><00:04:59.412><c>in </c><00:04:59.574><c>the</c>

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knock everything down we can get in the
 

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knock everything down we can get in the
middle

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middle
 

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middle
also <00:05:02.316><c>let's </c><00:05:02.692><c>say </c><00:05:03.068><c>this </c><00:05:03.444><c>issue </c><00:05:03.820><c>of </c><00:05:04.196><c>buying</c>

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also let's say this issue of buying
 

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also let's say this issue of buying
private <00:05:04.896><c>property </c><00:05:05.232><c>in </c><00:05:05.568><c>a </c><00:05:05.904><c>communal </c><00:05:06.240><c>way</c>

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private property in a communal way
 

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private property in a communal way
also <00:05:07.185><c>allows </c><00:05:07.590><c>us </c><00:05:07.995><c>to </c><00:05:08.400><c>hack</c>

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also allows us to hack
 

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also allows us to hack
real <00:05:08.830><c>estate </c><00:05:09.080><c>development </c><00:05:09.330><c>and </c><00:05:09.580><c>it's </c><00:05:09.830><c>that </c><00:05:10.080><c>many</c>

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real estate development and it's that many
 

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real estate development and it's that many
times <00:05:10.779><c>real </c><00:05:11.299><c>estate </c><00:05:11.819><c>development</c>

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times real estate development
 

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times real estate development
urban <00:05:12.450><c>development </c><00:05:12.780><c>is </c><00:05:13.110><c>not </c><00:05:13.440><c>thought </c><00:05:13.770><c>about </c><00:05:14.100><c>by</c>

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urban development is not thought about by
 

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urban development is not thought about by
people <00:05:14.440><c>but </c><00:05:14.600><c>rather </c><00:05:14.760><c>you </c><00:05:14.920><c>think </c><00:05:15.080><c>about </c><00:05:15.240><c>the</c>

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people but rather you think about the
 

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people but rather you think about the
contracts <00:05:15.584><c>they </c><00:05:15.808><c>have </c><00:05:16.032><c>between </c><00:05:16.256><c>them</c>

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contracts they have between them
 

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contracts they have between them
us <00:05:17.595><c>buying </c><00:05:18.370><c>small </c><00:05:19.145><c>plots </c><00:05:19.920><c>in </c><00:05:20.695><c>the</c>

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us buying small plots in the
 

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us buying small plots in the
middle <00:05:21.210><c>of </c><00:05:21.480><c>these </c><00:05:21.750><c>development </c><00:05:22.020><c>projects</c>

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middle of these development projects
 

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middle of these development projects
we <00:05:22.433><c>will </c><00:05:22.607><c>be </c><00:05:22.781><c>able </c><00:05:22.955><c>to </c><00:05:23.129><c>hack </c><00:05:23.303><c>and </c><00:05:23.477><c>we </c><00:05:23.651><c>will </c><00:05:23.825><c>be </c><00:05:23.999><c>able </c><00:05:24.173><c>in</c>

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we will be able to hack and we will be able in
 

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we will be able to hack and we will be able in
some <00:05:24.820><c>way </c><00:05:25.280><c>with </c><00:05:25.740><c>having</c>

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some way with having
 

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some way with having
industrial <00:05:26.400><c>development </c><00:05:26.700><c>the </c><00:05:27.000><c>development </c><00:05:27.300><c>of </c><00:05:27.600><c>cities</c>

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industrial development the development of cities
 

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industrial development the development of cities
to <00:05:28.068><c>protect </c><00:05:28.416><c>something </c><00:05:28.764><c>that </c><00:05:29.112><c>is </c><00:05:29.460><c>very</c>

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to protect something that is very
 

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to protect something that is very
important <00:05:29.719><c>and </c><00:05:29.858><c>not </c><00:05:29.997><c>only </c><00:05:30.136><c>for </c><00:05:30.275><c>Latin </c><00:05:30.414><c>America</c>

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important and not only for Latin America
 

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important and not only for Latin America
but <00:05:31.120><c>for </c><00:05:31.340><c>the </c><00:05:31.560><c>world </c><00:05:31.780><c>which </c><00:05:32.000><c>is </c><00:05:32.220><c>our</c>

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but for the world which is our
 

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but for the world which is our
nature <00:05:32.759><c>right</c>

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nature right
 

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nature right
and <00:05:35.370><c>so </c><00:05:35.620><c>what </c><00:05:35.870><c>we </c><00:05:36.120><c>would</c>

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and so what we would
 

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and so what we would
cause <00:05:37.912><c>is </c><00:05:38.785><c>that </c><00:05:39.658><c>protecting</c>

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cause is that protecting
 

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cause is that protecting
public <00:05:40.140><c>goods </c><00:05:40.500><c>in </c><00:05:40.860><c>a </c><00:05:41.220><c>water </c><00:05:41.580><c>source</c>

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public goods in a water source
 

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public goods in a water source
a <00:05:42.050><c>tree </c><00:05:42.401><c>a </c><00:05:42.752><c>moor </c><00:05:43.103><c>are </c><00:05:43.454><c>things </c><00:05:43.805><c>that </c><00:05:44.156><c>serve</c>

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a tree a moor are things that serve
 

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a tree a moor are things that serve
all <00:05:44.720><c>of </c><00:05:44.920><c>humanity </c><00:05:45.120><c>and </c><00:05:45.320><c>all </c><00:05:45.520><c>of </c><00:05:45.720><c>humanity</c>

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all of humanity and all of humanity
 

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all of humanity and all of humanity
should <00:05:45.985><c>be </c><00:05:46.190><c>responsible </c><00:05:46.395><c>for </c><00:05:46.600><c>protecting </c><00:05:46.805><c>them </c><00:05:47.010><c>and </c><00:05:47.215><c>I</c>

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should be responsible for protecting them and I
 

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should be responsible for protecting them and I
believe <00:05:47.891><c>that </c><00:05:48.083><c>with </c><00:05:48.275><c>this </c><00:05:48.467><c>model </c><00:05:48.659><c>of</c>

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believe that with this model of
 

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believe that with this model of
triangulation <00:05:49.899><c>between </c><00:05:50.638><c>the</c>

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triangulation between the
 

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triangulation between the
blockchain <00:05:51.299><c>community </c><00:05:51.839><c>and </c><00:05:52.379><c>non-</c>

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blockchain community and non-
 

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blockchain community and non-
profit <00:05:52.701><c>entities </c><00:05:52.902><c>I </c><00:05:53.103><c>believe </c><00:05:53.304><c>we </c><00:05:53.505><c>can </c><00:05:53.706><c>achieve </c><00:05:53.907><c>it </c><00:05:54.108><c>that </c><00:05:54.309><c>is </c><00:05:54.510><c>why </c><00:05:54.711><c>I</c>

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profit entities I believe we can achieve it that is why I
 

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profit entities I believe we can achieve it that is why I
would <00:05:55.002><c>like </c><00:05:55.164><c>to </c><00:05:55.326><c>make </c><00:05:55.488><c>a </c><00:05:55.650><c>mention </c><00:05:55.812><c>of </c><00:05:55.974><c>this</c>

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would like to make a mention of this
 

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would like to make a mention of this
project <00:05:56.270><c>that </c><00:05:56.440><c>you </c><00:05:56.610><c>know </c><00:05:56.780><c>here </c><00:05:56.950><c>at </c><00:05:57.120><c>defcon</c>

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project that you know here at defcon
 

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project that you know here at defcon
that <00:05:57.768><c>was </c><00:05:57.997><c>born </c><00:05:58.226><c>in </c><00:05:58.455><c>Medellín </c><00:05:58.684><c>and </c><00:05:58.913><c>that </c><00:05:59.142><c>makes </c><00:05:59.371><c>me </c><00:05:59.600><c>very </c><00:05:59.829><c>very </c><00:06:00.058><c>very</c>

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that was born in Medellín and that makes me very very very
 

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that was born in Medellín and that makes me very very very
excited

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excited
 

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excited
and <00:06:02.476><c>it </c><00:06:02.832><c>is </c><00:06:03.188><c>people </c><00:06:03.544><c>who </c><00:06:03.900><c>have </c><00:06:04.256><c>precisely</c>

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and it is people who have precisely
 

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and it is people who have precisely
daring <00:06:04.791><c>to </c><00:06:05.022><c>do </c><00:06:05.253><c>this </c><00:06:05.484><c>model </c><00:06:05.715><c>of </c><00:06:05.946><c>trying </c><00:06:06.177><c>to</c>

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daring to do this model of trying to
 

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daring to do this model of trying to
do <00:06:06.914><c>crowdfunding </c><00:06:07.289><c>to </c><00:06:07.664><c>buy </c><00:06:08.039><c>land</c>

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do crowdfunding to buy land
 

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do crowdfunding to buy land
and <00:06:08.734><c>give </c><00:06:08.948><c>their </c><00:06:09.162><c>land </c><00:06:09.376><c>to </c><00:06:09.590><c>the </c><00:06:09.804><c>people </c><00:06:10.018><c>and</c>

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and give their land to the people and
 

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and give their land to the people and
that <00:06:10.637><c>the </c><00:06:10.834><c>same </c><00:06:11.031><c>community </c><00:06:11.228><c>is </c><00:06:11.425><c>the </c><00:06:11.622><c>one </c><00:06:11.819><c>that</c>

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that the same community is the one that
 

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that the same community is the one that
manages <00:06:12.073><c>it </c><00:06:12.206><c>And </c><00:06:12.339><c>I </c><00:06:12.472><c>was </c><00:06:12.605><c>saying </c><00:06:12.738><c>what </c><00:06:12.871><c>happens </c><00:06:13.004><c>with </c><00:06:13.137><c>the</c>

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manages it And I was saying what happens with the
 

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manages it And I was saying what happens with the
territory

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territory
 

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territory
well <00:06:15.607><c>the </c><00:06:15.774><c>other </c><00:06:15.941><c>one </c><00:06:16.108><c>I </c><00:06:16.275><c>wanted </c><00:06:16.442><c>to </c><00:06:16.609><c>talk </c><00:06:16.776><c>to </c><00:06:16.943><c>you </c><00:06:17.110><c>about </c><00:06:17.277><c>was</c>

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well the other one I wanted to talk to you about was
 

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well the other one I wanted to talk to you about was
the <00:06:18.017><c>other </c><00:06:18.454><c>use </c><00:06:18.891><c>case </c><00:06:19.328><c>in </c><00:06:19.765><c>which </c><00:06:20.202><c>we </c><00:06:20.639><c>can</c>

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the other use case in which we can
 

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the other use case in which we can
kind <00:06:21.089><c>of </c><00:06:21.419><c>break </c><00:06:21.749><c>many </c><00:06:22.079><c>things </c><00:06:22.409><c>is </c><00:06:22.739><c>in </c><00:06:23.069><c>the </c><00:06:23.399><c>issue</c>

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kind of break many things is in the issue
 

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kind of break many things is in the issue
of <00:06:23.660><c>international </c><00:06:23.800><c>cooperation </c><00:06:23.940><c>there</c>

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of international cooperation there
 

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of international cooperation there
are <00:06:26.366><c>many </c><00:06:26.672><c>people </c><00:06:26.978><c>who </c><00:06:27.284><c>are </c><00:06:27.590><c>trying </c><00:06:27.896><c>to</c>

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are many people who are trying to
 

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are many people who are trying to
finance <00:06:28.337><c>blockchain </c><00:06:28.594><c>as </c><00:06:28.851><c>I </c><00:06:29.108><c>was </c><00:06:29.365><c>saying </c><00:06:29.622><c>who </c><00:06:29.879><c>are</c>

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finance blockchain as I was saying who are
 

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finance blockchain as I was saying who are
trying <00:06:30.465><c>to </c><00:06:30.870><c>finance </c><00:06:31.275><c>projects </c><00:06:31.680><c>in</c>

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trying to finance projects in
 

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trying to finance projects in
Latin <00:06:32.179><c>America </c><00:06:32.379><c>and </c><00:06:32.579><c>sometimes </c><00:06:32.779><c>it </c><00:06:32.979><c>is </c><00:06:33.179><c>very </c><00:06:33.379><c>difficult </c><00:06:33.579><c>to </c><00:06:33.779><c>access</c>

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Latin America and sometimes it is very difficult to access
 

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Latin America and sometimes it is very difficult to access
them <00:06:34.140><c>so </c><00:06:34.380><c>one </c><00:06:34.620><c>of </c><00:06:34.860><c>the </c><00:06:35.100><c>things </c><00:06:35.340><c>we</c>

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them so one of the things we
 

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them so one of the things we
can <00:06:36.006><c>do </c><00:06:36.612><c>is </c><00:06:37.218><c>create</c>

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can do is create
 

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can do is create
financing <00:06:38.565><c>pools </c><00:06:38.910><c>where </c><00:06:39.255><c>a </c><00:06:39.600><c>financier</c>

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financing pools where a financier
 

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financing pools where a financier
can <00:06:40.300><c>go </c><00:06:40.640><c>and </c><00:06:40.980><c>automatically </c><00:06:41.320><c>direct </c><00:06:41.660><c>the </c><00:06:42.000><c>money</c>

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can go and automatically direct the money
 

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can go and automatically direct the money
to <00:06:43.200><c>processes </c><00:06:44.340><c>or</c>

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to processes or
 

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to processes or
projects <00:06:44.832><c>that </c><00:06:45.144><c>are </c><00:06:45.456><c>already </c><00:06:45.768><c>established </c><00:06:46.080><c>that</c>

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projects that are already established that
 

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projects that are already established that
already <00:06:46.533><c>have </c><00:06:46.747><c>a </c><00:06:46.961><c>reputation </c><00:06:47.175><c>and </c><00:06:47.389><c>thus </c><00:06:47.603><c>facilitates </c><00:06:47.817><c>let's</c>

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already have a reputation and thus facilitates let's
 

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already have a reputation and thus facilitates let's
say <00:06:48.720><c>the </c><00:06:49.200><c>pace </c><00:06:49.680><c>at </c><00:06:50.160><c>which</c>

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say the pace at which
 

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say the pace at which
liquidity <00:06:50.595><c>enters </c><00:06:50.850><c>the </c><00:06:51.105><c>ecosystem </c><00:06:51.360><c>right</c>

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liquidity enters the ecosystem right
 

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liquidity enters the ecosystem right
the <00:06:53.023><c>other </c><00:06:53.287><c>is </c><00:06:53.551><c>that </c><00:06:53.815><c>in </c><00:06:54.079><c>Latin </c><00:06:54.343><c>America </c><00:06:54.607><c>it </c><00:06:54.871><c>is </c><00:06:55.135><c>very</c>

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the other is that in Latin America it is very
 

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the other is that in Latin America it is very
common <00:06:55.362><c>that </c><00:06:55.525><c>with </c><00:06:55.688><c>a </c><00:06:55.851><c>change </c><00:06:56.014><c>of </c><00:06:56.177><c>government </c><00:06:56.340><c>a</c>

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common that with a change of government a
 

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common that with a change of government a
political <00:06:57.023><c>decision </c><00:06:57.347><c>then </c><00:06:57.671><c>a </c><00:06:57.995><c>lot </c><00:06:58.319><c>of</c>

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political decision then a lot of
 

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political decision then a lot of
social <00:06:58.780><c>or </c><00:06:59.120><c>community </c><00:06:59.460><c>works</c>

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social or community works
 

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social or community works
start <00:06:59.999><c>to </c><00:07:00.239><c>back </c><00:07:00.479><c>out</c>

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start to back out
 

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start to back out
It <00:07:01.902><c>is </c><00:07:02.224><c>one </c><00:07:02.546><c>of </c><00:07:02.868><c>the </c><00:07:03.190><c>things </c><00:07:03.512><c>for </c><00:07:03.834><c>which</c>

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It is one of the things for which
 

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It is one of the things for which
the <00:07:04.271><c>investment </c><00:07:04.462><c>risk </c><00:07:04.653><c>is </c><00:07:04.844><c>rated </c><00:07:05.035><c>is</c>

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the investment risk is rated is
 

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the investment risk is rated is
because <00:07:05.808><c>investors </c><00:07:06.036><c>do </c><00:07:06.264><c>not </c><00:07:06.492><c>want </c><00:07:06.720><c>to</c>

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because investors do not want to
 

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because investors do not want to
risk <00:07:07.191><c>their </c><00:07:07.422><c>capital </c><00:07:07.653><c>ending </c><00:07:07.884><c>up </c><00:07:08.115><c>in </c><00:07:08.346><c>the </c><00:07:08.577><c>hands</c>

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risk their capital ending up in the hands
 

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risk their capital ending up in the hands
of <00:07:09.047><c>an </c><00:07:09.335><c>authoritarian </c><00:07:09.623><c>government </c><00:07:09.911><c>If </c><00:07:10.199><c>we</c>

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of an authoritarian government If we
 

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work <00:07:12.047><c>international </c><00:07:12.275><c>cooperation </c><00:07:12.503><c>through </c><00:07:12.731><c>watching </c><00:07:12.959><c>Then</c>

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work international cooperation through watching Then
 

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work international cooperation through watching Then
we <00:07:13.439><c>are </c><00:07:13.619><c>going </c><00:07:13.799><c>to  </c><00:07:13.979><c>have </c><00:07:14.159><c>the </c><00:07:14.339><c>guarantee </c><00:07:14.519><c>all </c><00:07:14.699><c>the </c><00:07:14.879><c>time</c>

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we are going to  have the guarantee all the time
 

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we are going to  have the guarantee all the time
that <00:07:15.140><c>the </c><00:07:15.400><c>money </c><00:07:15.660><c>that </c><00:07:15.920><c>is </c><00:07:16.180><c>being </c><00:07:16.440><c>stretched</c>

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that the money that is being stretched
 

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that the money that is being stretched
for <00:07:17.145><c>social </c><00:07:17.550><c>projects </c><00:07:17.955><c>will </c><00:07:18.360><c>never</c>

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for social projects will never
 

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for social projects will never
fall <00:07:18.635><c>into </c><00:07:18.731><c>the </c><00:07:18.827><c>hands </c><00:07:18.923><c>of </c><00:07:19.019><c>corruption</c>

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fall into the hands of corruption
 

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fall into the hands of corruption
and <00:07:20.849><c>finally </c><00:07:21.298><c>hacking </c><00:07:21.747><c>the </c><00:07:22.196><c>budgets</c>

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and finally hacking the budgets
 

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and finally hacking the budgets
the <00:07:23.005><c>issue </c><00:07:23.371><c>of </c><00:07:23.737><c>agendas </c><00:07:24.103><c>and </c><00:07:24.469><c>the </c><00:07:24.835><c>distribution</c>

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the issue of agendas and the distribution
 

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the issue of agendas and the distribution
of <00:07:25.160><c>the </c><00:07:25.360><c>public </c><00:07:25.560><c>budget </c><00:07:25.760><c>in </c><00:07:25.960><c>Latin </c><00:07:26.160><c>America</c>

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of the public budget in Latin America
 

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of the public budget in Latin America
Generally <00:07:27.045><c>makes </c><00:07:27.630><c>us </c><00:07:28.215><c>follow </c><00:07:28.800><c>the</c>

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Generally makes us follow the
 

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Generally makes us follow the
speeches <00:07:29.823><c>of </c><00:07:30.227><c>the </c><00:07:30.631><c>agents </c><00:07:31.035><c>who </c><00:07:31.439><c>are</c>

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speeches of the agents who are
 

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speeches of the agents who are
financing <00:07:31.897><c>and </c><00:07:32.114><c>not </c><00:07:32.331><c>It </c><00:07:32.548><c>should </c><00:07:32.765><c>be </c><00:07:32.982><c>that </c><00:07:33.199><c>way </c><00:07:33.416><c>the</c>

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financing and not It should be that way the
 

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financing and not It should be that way the
financier <00:07:34.520><c>should </c><00:07:34.960><c>follow </c><00:07:35.400><c>the</c>

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financier should follow the
 

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financier should follow the
communities <00:07:35.880><c>So </c><00:07:36.240><c>if </c><00:07:36.600><c>we </c><00:07:36.960><c>create</c>

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communities So if we create
 

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communities So if we create
our <00:07:37.890><c>own </c><00:07:38.280><c>pools </c><00:07:38.670><c>with </c><00:07:39.060><c>the</c>

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our own pools with the
 

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our own pools with the
financing <00:07:39.400><c>money </c><00:07:39.620><c>that </c><00:07:39.840><c>we </c><00:07:40.060><c>all </c><00:07:40.280><c>get </c><00:07:40.500><c>we</c>

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financing money that we all get we
 

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financing money that we all get we
can <00:07:41.459><c>manage </c><00:07:42.058><c>and </c><00:07:42.657><c>prioritize </c><00:07:43.256><c>that</c>

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can manage and prioritize that
 

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can manage and prioritize that
financing <00:07:44.549><c>collectively </c><00:07:45.478><c>and</c>

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financing collectively and
 

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financing collectively and
according <00:07:46.469><c>to </c><00:07:46.679><c>our </c><00:07:46.889><c>own </c><00:07:47.099><c>needs</c>

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according to our own needs
 

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according to our own needs
and <00:07:49.594><c>well </c><00:07:49.908><c>This </c><00:07:50.222><c>is </c><00:07:50.536><c>the </c><00:07:50.850><c>best </c><00:07:51.164><c>part </c><00:07:51.478><c>of</c>

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and well This is the best part of
 

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and well This is the best part of
all, <00:07:51.834><c>not </c><00:07:51.948><c>that </c><00:07:52.062><c>it </c><00:07:52.176><c>is </c><00:07:52.290><c>to </c><00:07:52.404><c>confront </c><00:07:52.518><c>corruption, </c><00:07:52.632><c>that </c><00:07:52.746><c>is </c><00:07:52.860><c>why</c>

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all, not that it is to confront corruption, that is why
 

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all, not that it is to confront corruption, that is why
at <00:07:53.299><c>the </c><00:07:53.559><c>beginning </c><00:07:53.819><c>I </c><00:07:54.079><c>told </c><00:07:54.339><c>you </c><00:07:54.599><c>that</c>

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at the beginning I told you that
 

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maybe <00:08:06.630><c>I </c><00:08:06.661><c>do </c><00:08:06.692><c>not </c><00:08:06.723><c>believe </c><00:08:06.754><c>that </c><00:08:06.785><c>our </c><00:08:06.816><c>rulers </c><00:08:06.847><c>are </c><00:08:06.878><c>stupid </c><00:08:06.909><c>but </c><00:08:06.940><c>that </c><00:08:06.971><c>they </c><00:08:07.002><c>are </c><00:08:07.033><c>directly </c><00:08:07.064><c>bad </c><00:08:07.095><c>and </c><00:08:07.126><c>bad </c><00:08:07.157><c>they </c><00:08:07.188><c>will </c><00:08:07.219><c>not </c><00:08:07.250><c>know </c><00:08:07.281><c>how </c><00:08:07.312><c>to </c><00:08:07.343><c>do </c><00:08:07.374><c>it </c><00:08:07.405><c>but </c><00:08:07.436><c>out </c><00:08:07.467><c>of </c><00:08:07.498><c>malice </c><00:08:07.529><c>and </c><00:08:07.560><c>one </c><00:08:07.591><c>of </c><00:08:07.622><c>the </c><00:08:07.653><c>things </c><00:08:07.684><c>that </c><00:08:07.715><c>happens </c><00:08:07.746><c>a </c><00:08:07.777><c>lot </c><00:08:07.808><c>in </c><00:08:07.839><c>the </c><00:08:07.870><c>issue </c><00:08:07.901><c>of </c><00:08:07.932><c>corruption </c><00:08:07.963><c>is </c><00:08:07.994><c>the </c><00:08:08.025><c>overcosts </c><00:08:08.056><c>public </c><00:08:08.087><c>contracting </c><00:08:08.118><c>in </c><00:08:08.149><c>which </c><00:08:08.180><c>a </c><00:08:08.211><c>plate</c>

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maybe I do not believe that our rulers are stupid but that they are directly bad and bad they will not know how to do it but out of malice and one of the things that happens a lot in the issue of corruption is the overcosts public contracting in which a plate
 

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maybe I do not believe that our rulers are stupid but that they are directly bad and bad they will not know how to do it but out of malice and one of the things that happens a lot in the issue of corruption is the overcosts public contracting in which a plate
of <00:08:08.624><c>rice </c><00:08:08.908><c>costs </c><00:08:09.192><c>100 </c><00:08:09.476><c>dollars</c>

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of rice costs 100 dollars
 

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of rice costs 100 dollars
we <00:08:10.965><c>can </c><00:08:11.530><c>have </c><00:08:12.095><c>transparency </c><00:08:12.660><c>in</c>

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we can have transparency in
 

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we can have transparency in
real <00:08:13.481><c>time </c><00:08:13.703><c>and </c><00:08:13.925><c>we </c><00:08:14.147><c>can </c><00:08:14.369><c>detect </c><00:08:14.591><c>fraud </c><00:08:14.813><c>and</c>

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real time and we can detect fraud and
 

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real time and we can detect fraud and
alert <00:08:15.420><c>of </c><00:08:15.840><c>these</c>

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alert of these
 

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alert of these
wrong <00:08:16.459><c>contracts </c><00:08:16.659><c>that </c><00:08:16.859><c>are </c><00:08:17.059><c>being </c><00:08:17.259><c>made </c><00:08:17.459><c>in</c>

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wrong contracts that are being made in
 

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wrong contracts that are being made in
real <00:08:18.052><c>time </c><00:08:18.405><c>of </c><00:08:18.758><c>course </c><00:08:19.111><c>many </c><00:08:19.464><c>people </c><00:08:19.817><c>do </c><00:08:20.170><c>not </c><00:08:20.523><c>that </c><00:08:20.876><c>that</c>

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real time of course many people do not that that
 

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real time of course many people do not that that
happens <00:08:21.135><c>many </c><00:08:21.270><c>people </c><00:08:21.405><c>will </c><00:08:21.540><c>not </c><00:08:21.675><c>believe  </c><00:08:21.810><c>that </c><00:08:21.945><c>there </c><00:08:22.080><c>is</c>

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happens many people will not believe  that there is
 

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happens many people will not believe  that there is
a <00:08:22.739><c>blockchain </c><00:08:23.219><c>giving </c><00:08:23.699><c>transparency </c><00:08:24.179><c>to</c>

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a blockchain giving transparency to
 

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a blockchain giving transparency to
the <00:08:24.704><c>political </c><00:08:24.989><c>contracting </c><00:08:25.274><c>processes </c><00:08:25.559><c>and</c>

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the political contracting processes and
 

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the political contracting processes and
that <00:08:26.099><c>is </c><00:08:26.219><c>a </c><00:08:26.339><c>challenge </c><00:08:26.459><c>that </c><00:08:26.579><c>we </c><00:08:26.699><c>are </c><00:08:26.819><c>going </c><00:08:26.939><c>to </c><00:08:27.059><c>have </c><00:08:27.179><c>from </c><00:08:27.299><c>now</c>

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that is a challenge that we are going to have from now
 

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that is a challenge that we are going to have from now
on <00:08:27.554><c>and </c><00:08:27.689><c>it </c><00:08:27.824><c>is </c><00:08:27.959><c>that </c><00:08:28.094><c>we </c><00:08:28.229><c>are </c><00:08:28.364><c>not </c><00:08:28.499><c>only </c><00:08:28.634><c>going </c><00:08:28.769><c>to </c><00:08:28.904><c>have </c><00:08:29.039><c>to</c>

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on and it is that we are not only going to have to
 

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on and it is that we are not only going to have to
face <00:08:29.539><c>the </c><00:08:29.979><c>adoption </c><00:08:30.419><c>by</c>

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face the adoption by
 

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face the adoption by
the <00:08:30.945><c>people </c><00:08:31.230><c>or </c><00:08:31.515><c>look </c><00:08:31.800><c>for</c>

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the people or look for
 

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the people or look for
financing <00:08:32.669><c>from </c><00:08:33.239><c>the</c>

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financing from the
 

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financing from the
private <00:08:33.745><c>sector </c><00:08:34.130><c>but </c><00:08:34.515><c>sometimes </c><00:08:34.900><c>we </c><00:08:35.285><c>have </c><00:08:35.670><c>to </c><00:08:36.055><c>deal</c>

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private sector but sometimes we have to deal
 

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private sector but sometimes we have to deal
with <00:08:36.539><c>the </c><00:08:36.659><c>political </c><00:08:36.779><c>will</c>

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with the political will
 

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with the political will
also <00:08:39.556><c>happens </c><00:08:40.092><c>that </c><00:08:40.628><c>sometimes </c><00:08:41.164><c>in </c><00:08:41.700><c>cases </c><00:08:42.236><c>of</c>

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also happens that sometimes in cases of
 

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also happens that sometimes in cases of
corruption <00:08:42.746><c>we </c><00:08:43.132><c>realize </c><00:08:43.518><c>that</c>

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corruption we realize that
 

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corruption we realize that
corrupt <00:08:44.782><c>agents </c><00:08:45.044><c>had </c><00:08:45.306><c>already </c><00:08:45.568><c>hired, </c><00:08:45.830><c>they </c><00:08:46.092><c>had </c><00:08:46.354><c>already </c><00:08:46.616><c>been</c>

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corrupt agents had already hired, they had already been
 

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corrupt agents had already hired, they had already been
discovered <00:08:47.100><c>and </c><00:08:47.340><c>they </c><00:08:47.580><c>remained </c><00:08:47.820><c>in </c><00:08:48.060><c>the</c>

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discovered and they remained in the
 

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discovered and they remained in the
system <00:08:48.420><c>and </c><00:08:48.660><c>with </c><00:08:48.900><c>blockchain, </c><00:08:49.140><c>let's </c><00:08:49.380><c>say </c><00:08:49.620><c>thanks</c>

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system and with blockchain, let's say thanks
 

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system and with blockchain, let's say thanks
to <00:08:50.699><c>cryptographic </c><00:08:50.999><c>evidence </c><00:08:51.299><c>we </c><00:08:51.599><c>could</c>

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to cryptographic evidence we could
 

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to cryptographic evidence we could
identify <00:08:52.403><c>who </c><00:08:52.666><c>these </c><00:08:52.929><c>malicious </c><00:08:53.192><c>agents </c><00:08:53.455><c>are</c>

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identify who these malicious agents are
 

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identify who these malicious agents are
and <00:08:53.865><c>isolate </c><00:08:54.090><c>them </c><00:08:54.315><c>at </c><00:08:54.540><c>the </c><00:08:54.765><c>moment </c><00:08:54.990><c>in </c><00:08:55.215><c>which </c><00:08:55.440><c>it</c>

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and isolate them at the moment in which it
 

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and isolate them at the moment in which it
happens <00:08:56.100><c>and </c><00:08:56.520><c>not </c><00:08:56.940><c>allow</c>

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happens and not allow
 

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happens and not allow
these <00:08:57.640><c>parasites </c><00:08:58.040><c>to </c><00:08:58.440><c>continue </c><00:08:58.840><c>existing </c><00:08:59.240><c>within </c><00:08:59.640><c>the</c>

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these parasites to continue existing within the
 

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these parasites to continue existing within the
system

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system
 

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system
and <00:09:01.997><c>what </c><00:09:02.354><c>I </c><00:09:02.711><c>had </c><00:09:03.068><c>spoken </c><00:09:03.425><c>to </c><00:09:03.782><c>you </c><00:09:04.139><c>about</c>

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and what I had spoken to you about
 

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and what I had spoken to you about
throughout <00:09:04.345><c>the </c><00:09:04.490><c>entire </c><00:09:04.635><c>talk </c><00:09:04.780><c>is </c><00:09:04.925><c>the </c><00:09:05.070><c>issue </c><00:09:05.215><c>of</c>

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throughout the entire talk is the issue of
 

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throughout the entire talk is the issue of
removing <00:09:05.639><c>the </c><00:09:05.879><c>seam </c><00:09:06.119><c>between </c><00:09:06.359><c>the </c><00:09:06.599><c>processes</c>

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removing the seam between the processes
 

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removing the seam between the processes
sometimes <00:09:07.413><c>it </c><00:09:07.566><c>is </c><00:09:07.719><c>very </c><00:09:07.872><c>difficult </c><00:09:08.025><c>to </c><00:09:08.178><c>move </c><00:09:08.331><c>from </c><00:09:08.484><c>one </c><00:09:08.637><c>country</c>

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sometimes it is very difficult to move from one country
 

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sometimes it is very difficult to move from one country
to <00:09:09.085><c>another </c><00:09:09.410><c>sometimes </c><00:09:09.735><c>very </c><00:09:10.060><c>difficult </c><00:09:10.385><c>to </c><00:09:10.710><c>have </c><00:09:11.035><c>to</c>

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to another sometimes very difficult to have to
 

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to another sometimes very difficult to have to
change <00:09:11.739><c>legislation </c><00:09:12.258><c>sometimes </c><00:09:12.777><c>when</c>

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change legislation sometimes when
 

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change legislation sometimes when
you <00:09:13.184><c>want </c><00:09:13.349><c>to </c><00:09:13.514><c>do </c><00:09:13.679><c>a </c><00:09:13.844><c>project </c><00:09:14.009><c>you </c><00:09:14.174><c>have </c><00:09:14.339><c>to</c>

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you want to do a project you have to
 

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you want to do a project you have to
fill <00:09:14.549><c>out </c><00:09:14.699><c>a </c><00:09:14.849><c>lot </c><00:09:14.999><c>of </c><00:09:15.149><c>reports </c><00:09:15.299><c>and</c>

00:09:15.470 --> 00:09:15.480 align:start position:0%
fill out a lot of reports and
 

00:09:15.480 --> 00:09:17.810 align:start position:0%
fill out a lot of reports and
forms <00:09:15.814><c>this </c><00:09:16.148><c>week </c><00:09:16.482><c>I </c><00:09:16.816><c>was </c><00:09:17.150><c>going </c><00:09:17.484><c>to </c><00:09:17.818><c>enter</c>

00:09:17.810 --> 00:09:17.820 align:start position:0%
forms this week I was going to enter
 

00:09:17.820 --> 00:09:20.269 align:start position:0%
forms this week I was going to enter
this <00:09:18.084><c>building </c><00:09:18.348><c>with </c><00:09:18.612><c>a </c><00:09:18.876><c>neon </c><00:09:19.140><c>sign</c>

00:09:20.269 --> 00:09:20.279 align:start position:0%
this building with a neon sign
 

00:09:20.279 --> 00:09:22.190 align:start position:0%
this building with a neon sign
that <00:09:20.544><c>said </c><00:09:20.809><c>is </c><00:09:21.074><c>Colombia </c><00:09:21.339><c>and </c><00:09:21.604><c>they </c><00:09:21.869><c>told </c><00:09:22.134><c>me</c>

00:09:22.190 --> 00:09:22.200 align:start position:0%
that said is Colombia and they told me
 

00:09:22.200 --> 00:09:23.630 align:start position:0%
that said is Colombia and they told me
you <00:09:22.404><c>have </c><00:09:22.608><c>to </c><00:09:22.812><c>fill </c><00:09:23.016><c>out </c><00:09:23.220><c>a</c>

00:09:23.630 --> 00:09:23.640 align:start position:0%
you have to fill out a
 

00:09:23.640 --> 00:09:25.430 align:start position:0%
you have to fill out a
commercial <00:09:23.827><c>form </c><00:09:24.014><c>because </c><00:09:24.201><c>this </c><00:09:24.388><c>is </c><00:09:24.575><c>a </c><00:09:24.762><c>free </c><00:09:24.949><c>trade </c><00:09:25.136><c>zone</c>

00:09:25.430 --> 00:09:25.440 align:start position:0%
commercial form because this is a free trade zone
 

00:09:25.440 --> 00:09:27.110 align:start position:0%
commercial form because this is a free trade zone
I <00:09:25.620><c>said</c>

00:09:27.110 --> 00:09:27.120 align:start position:0%
I said
 

00:09:27.120 --> 00:09:29.389 align:start position:0%
I said
skinny <00:09:27.382><c>or </c><00:09:27.644><c>I </c><00:09:27.906><c>mean </c><00:09:28.168><c>we </c><00:09:28.430><c>have  </c><00:09:28.692><c>QR </c><00:09:28.954><c>codes </c><00:09:29.216><c>to</c>

00:09:29.389 --> 00:09:29.399 align:start position:0%
skinny or I mean we have  QR codes to
 

00:09:29.399 --> 00:09:31.670 align:start position:0%
skinny or I mean we have  QR codes to
enter <00:09:29.831><c>the </c><00:09:30.263><c>places </c><00:09:30.695><c>and </c><00:09:31.127><c>well </c><00:09:31.559><c>you're</c>

00:09:31.670 --> 00:09:31.680 align:start position:0%
enter the places and well you're
 

00:09:31.680 --> 00:09:32.630 align:start position:0%
enter the places and well you're
telling <00:09:31.769><c>me </c><00:09:31.858><c>that </c><00:09:31.947><c>it </c><00:09:32.036><c>has </c><00:09:32.125><c>a </c><00:09:32.214><c>form </c><00:09:32.303><c>and </c><00:09:32.392><c>to</c>

00:09:32.630 --> 00:09:32.640 align:start position:0%
telling me that it has a form and to
 

00:09:32.640 --> 00:09:34.490 align:start position:0%
telling me that it has a form and to
mark <00:09:32.797><c>them </c><00:09:32.954><c>how </c><00:09:33.111><c>to </c><00:09:33.268><c>overcome </c><00:09:33.425><c>the </c><00:09:33.582><c>chronic </c><00:09:33.739><c>and </c><00:09:33.896><c>I</c>

00:09:34.490 --> 00:09:34.500 align:start position:0%
mark them how to overcome the chronic and I
 

00:09:34.500 --> 00:09:36.650 align:start position:0%
mark them how to overcome the chronic and I
feel <00:09:35.025><c>that </c><00:09:35.550><c>in </c><00:09:36.075><c>Latin </c><00:09:36.600><c>America</c>

00:09:36.650 --> 00:09:36.660 align:start position:0%
feel that in Latin America
 

00:09:36.660 --> 00:09:38.509 align:start position:0%
feel that in Latin America
somehow <00:09:36.860><c>we </c><00:09:37.060><c>have </c><00:09:37.260><c>become </c><00:09:37.460><c>like </c><00:09:37.660><c>addicted </c><00:09:37.860><c>to</c>

00:09:38.509 --> 00:09:38.519 align:start position:0%
somehow we have become like addicted to
 

00:09:38.519 --> 00:09:40.850 align:start position:0%
somehow we have become like addicted to
bureaucracy <00:09:38.879><c>or </c><00:09:39.239><c>the </c><00:09:39.599><c>state </c><00:09:39.959><c>likes </c><00:09:40.319><c>us </c><00:09:40.679><c>to</c>

00:09:40.850 --> 00:09:40.860 align:start position:0%
bureaucracy or the state likes us to
 

00:09:40.860 --> 00:09:42.590 align:start position:0%
bureaucracy or the state likes us to
be <00:09:41.136><c>addicted </c><00:09:41.412><c>to </c><00:09:41.688><c>bureaucracy </c><00:09:41.964><c>and </c><00:09:42.240><c>well</c>

00:09:42.590 --> 00:09:42.600 align:start position:0%
be addicted to bureaucracy and well
 

00:09:42.600 --> 00:09:44.150 align:start position:0%
be addicted to bureaucracy and well
right <00:09:42.800><c>now </c><00:09:43.000><c>we </c><00:09:43.200><c>have </c><00:09:43.400><c>the </c><00:09:43.600><c>possibility </c><00:09:43.800><c>with</c>

00:09:44.150 --> 00:09:44.160 align:start position:0%
right now we have the possibility with
 

00:09:44.160 --> 00:09:45.290 align:start position:0%
right now we have the possibility with
blockchain <00:09:44.370><c>to </c><00:09:44.580><c>start </c><00:09:44.790><c>removing </c><00:09:45.000><c>all</c>

00:09:45.290 --> 00:09:45.300 align:start position:0%
blockchain to start removing all
 

00:09:45.300 --> 00:09:47.870 align:start position:0%
blockchain to start removing all
those <00:09:45.690><c>seams </c><00:09:46.080><c>and </c><00:09:46.470><c>well </c><00:09:46.860><c>to </c><00:09:47.250><c>create </c><00:09:47.640><c>New</c>

00:09:47.870 --> 00:09:47.880 align:start position:0%
those seams and well to create New
 

00:09:47.880 --> 00:09:49.509 align:start position:0%
those seams and well to create New
Bridges <00:09:48.030><c>So </c><00:09:48.180><c>it</c>

00:09:49.509 --> 00:09:49.519 align:start position:0%
Bridges So it
 

00:09:49.519 --> 00:09:52.130 align:start position:0%
Bridges So it
is <00:09:49.697><c>in </c><00:09:49.875><c>the </c><00:09:50.053><c>south </c><00:09:50.231><c>where </c><00:09:50.409><c>the </c><00:09:50.587><c>questions </c><00:09:50.765><c>are </c><00:09:50.943><c>born </c><00:09:51.121><c>and </c><00:09:51.299><c>it </c><00:09:51.477><c>is </c><00:09:51.655><c>in </c><00:09:51.833><c>the</c>

00:09:52.130 --> 00:09:52.140 align:start position:0%
is in the south where the questions are born and it is in the
 

00:09:52.140 --> 00:09:54.430 align:start position:0%
is in the south where the questions are born and it is in the
south <00:09:52.379><c>where </c><00:09:52.618><c>the </c><00:09:52.857><c>answers </c><00:09:53.096><c>are </c><00:09:53.335><c>invoked</c>

00:09:54.430 --> 00:09:54.440 align:start position:0%
south where the answers are invoked
 

00:09:54.440 --> 00:09:56.710 align:start position:0%
south where the answers are invoked
in <00:09:54.737><c>June </c><00:09:55.034><c>I </c><00:09:55.331><c>was </c><00:09:55.628><c>talking </c><00:09:55.925><c>with </c><00:09:56.222><c>a </c><00:09:56.519><c>friend</c>

00:09:56.710 --> 00:09:56.720 align:start position:0%
in June I was talking with a friend
 

00:09:56.720 --> 00:09:59.870 align:start position:0%
in June I was talking with a friend
who <00:09:57.145><c>was </c><00:09:57.570><c>telling </c><00:09:57.995><c>me </c><00:09:58.420><c>the </c><00:09:58.845><c>story </c><00:09:59.270><c>of </c><00:09:59.695><c>the</c>

00:09:59.870 --> 00:09:59.880 align:start position:0%
who was telling me the story of the
 

00:09:59.880 --> 00:10:01.490 align:start position:0%
who was telling me the story of the
sub-Saharan <00:10:00.280><c>migrants </c><00:10:00.680><c>so </c><00:10:01.080><c>he</c>

00:10:01.490 --> 00:10:01.500 align:start position:0%
sub-Saharan migrants so he
 

00:10:01.500 --> 00:10:03.350 align:start position:0%
sub-Saharan migrants so he
told <00:10:01.790><c>me </c><00:10:02.080><c>how </c><00:10:02.370><c>they </c><00:10:02.660><c>cross </c><00:10:02.950><c>the </c><00:10:03.240><c>desert</c>

00:10:03.350 --> 00:10:03.360 align:start position:0%
told me how they cross the desert
 

00:10:03.360 --> 00:10:06.050 align:start position:0%
told me how they cross the desert
on <00:10:03.711><c>foot </c><00:10:04.062><c>then </c><00:10:04.413><c>they </c><00:10:04.764><c>camp </c><00:10:05.115><c>next </c><00:10:05.466><c>to </c><00:10:05.817><c>Ceuta</c>

00:10:06.050 --> 00:10:06.060 align:start position:0%
on foot then they camp next to Ceuta
 

00:10:06.060 --> 00:10:09.170 align:start position:0%
on foot then they camp next to Ceuta
then <00:10:06.334><c>they </c><00:10:06.608><c>jump </c><00:10:06.882><c>the </c><00:10:07.156><c>fence </c><00:10:07.430><c>cross </c><00:10:07.704><c>the </c><00:10:07.978><c>sea</c>

00:10:09.170 --> 00:10:09.180 align:start position:0%
then they jump the fence cross the sea
 

00:10:09.180 --> 00:10:11.690 align:start position:0%
then they jump the fence cross the sea
arrive <00:10:09.462><c>in </c><00:10:09.744><c>Spain </c><00:10:10.026><c>to </c><00:10:10.308><c>sell </c><00:10:10.590><c>their </c><00:10:10.872><c>things </c><00:10:11.154><c>and</c>

00:10:11.690 --> 00:10:11.700 align:start position:0%
arrive in Spain to sell their things and
 

00:10:11.700 --> 00:10:14.210 align:start position:0%
arrive in Spain to sell their things and
when <00:10:11.919><c>they </c><00:10:12.138><c>arrive </c><00:10:12.357><c>they </c><00:10:12.576><c>speak </c><00:10:12.795><c>five </c><00:10:13.014><c>languages</c>

00:10:14.210 --> 00:10:14.220 align:start position:0%
when they arrive they speak five languages
 

00:10:14.220 --> 00:10:16.850 align:start position:0%
when they arrive they speak five languages
and <00:10:14.497><c>the </c><00:10:14.774><c>evil </c><00:10:15.051><c>told </c><00:10:15.328><c>me </c><00:10:15.605><c>anyone </c><00:10:15.882><c>who </c><00:10:16.159><c>points </c><00:10:16.436><c>out</c>

00:10:16.850 --> 00:10:16.860 align:start position:0%
and the evil told me anyone who points out
 

00:10:16.860 --> 00:10:18.829 align:start position:0%
and the evil told me anyone who points out
a <00:10:17.243><c>migrant </c><00:10:17.626><c>does </c><00:10:18.009><c>not </c><00:10:18.392><c>even </c><00:10:18.775><c>come</c>

00:10:18.829 --> 00:10:18.839 align:start position:0%
a migrant does not even come
 

00:10:18.839 --> 00:10:22.070 align:start position:0%
a migrant does not even come
close <00:10:19.176><c>to </c><00:10:19.513><c>them </c><00:10:19.850><c>because </c><00:10:20.187><c>they </c><00:10:20.524><c>are </c><00:10:20.861><c>tremendous </c><00:10:21.198><c>people </c><00:10:21.535><c>And</c>

00:10:22.070 --> 00:10:22.080 align:start position:0%
close to them because they are tremendous people And
 

00:10:22.080 --> 00:10:24.110 align:start position:0%
close to them because they are tremendous people And
right <00:10:22.337><c>now </c><00:10:22.594><c>we </c><00:10:22.851><c>can </c><00:10:23.108><c>see </c><00:10:23.365><c>it </c><00:10:23.622><c>in </c><00:10:23.879><c>the</c>

00:10:24.110 --> 00:10:24.120 align:start position:0%
right now we can see it in the
 

00:10:24.120 --> 00:10:25.850 align:start position:0%
right now we can see it in the
Darien <00:10:24.334><c>jungle </c><00:10:24.548><c>which </c><00:10:24.762><c>is </c><00:10:24.976><c>the </c><00:10:25.190><c>only </c><00:10:25.404><c>place </c><00:10:25.618><c>where</c>

00:10:25.850 --> 00:10:25.860 align:start position:0%
Darien jungle which is the only place where
 

00:10:25.860 --> 00:10:28.490 align:start position:0%
Darien jungle which is the only place where
the <00:10:26.160><c>Pan-American </c><00:10:26.460><c>Highway </c><00:10:26.760><c>does </c><00:10:27.060><c>not </c><00:10:27.360><c>exist </c><00:10:27.660><c>it </c><00:10:27.960><c>is </c><00:10:28.260><c>one</c>

00:10:28.490 --> 00:10:28.500 align:start position:0%
the Pan-American Highway does not exist it is one
 

00:10:28.500 --> 00:10:30.290 align:start position:0%
the Pan-American Highway does not exist it is one
of <00:10:28.890><c>the </c><00:10:29.280><c>wildest </c><00:10:29.670><c>and </c><00:10:30.060><c>most</c>

00:10:30.290 --> 00:10:30.300 align:start position:0%
of the wildest and most
 

00:10:30.300 --> 00:10:32.449 align:start position:0%
of the wildest and most
remote <00:10:30.684><c>places </c><00:10:31.068><c>in </c><00:10:31.452><c>Latin </c><00:10:31.836><c>America </c><00:10:32.220><c>Progress</c>

00:10:32.449 --> 00:10:32.459 align:start position:0%
remote places in Latin America Progress
 

00:10:32.459 --> 00:10:34.009 align:start position:0%
remote places in Latin America Progress
has <00:10:32.646><c>cost </c><00:10:32.833><c>to </c><00:10:33.020><c>get </c><00:10:33.207><c>there </c><00:10:33.394><c>and </c><00:10:33.581><c>it </c><00:10:33.768><c>has </c><00:10:33.955><c>been</c>

00:10:34.009 --> 00:10:34.019 align:start position:0%
has cost to get there and it has been
 

00:10:34.019 --> 00:10:35.750 align:start position:0%
has cost to get there and it has been
the <00:10:34.279><c>migrants </c><00:10:34.539><c>who </c><00:10:34.799><c>for </c><00:10:35.059><c>these  </c><00:10:35.319><c>days </c><00:10:35.579><c>they</c>

00:10:35.750 --> 00:10:35.760 align:start position:0%
the migrants who for these  days they
 

00:10:35.760 --> 00:10:39.530 align:start position:0%
the migrants who for these  days they
are <00:10:36.660><c>opening </c><00:10:37.560><c>a </c><00:10:38.460><c>highway </c><00:10:39.360><c>in</c>

00:10:39.530 --> 00:10:39.540 align:start position:0%
are opening a highway in
 

00:10:39.540 --> 00:10:42.310 align:start position:0%
are opening a highway in
Darien <00:10:40.056><c>and </c><00:10:40.572><c>after </c><00:10:41.088><c>Venezuela </c><00:10:41.604><c>which </c><00:10:42.120><c>are</c>

00:10:42.310 --> 00:10:42.320 align:start position:0%
Darien and after Venezuela which are
 

00:10:42.320 --> 00:10:45.790 align:start position:0%
Darien and after Venezuela which are
recreated <00:10:42.844><c>then </c><00:10:43.368><c>Thank </c><00:10:43.892><c>you </c><00:10:44.416><c>very </c><00:10:44.940><c>much</c>

00:10:45.790 --> 00:10:45.800 align:start position:0%
recreated then Thank you very much
 

00:10:45.800 --> 00:10:49.370 align:start position:0%
recreated then Thank you very much
cool <00:10:46.366><c>the </c><00:10:46.932><c>concept </c><00:10:47.498><c>of </c><00:10:48.064><c>hacking </c><00:10:48.630><c>hacking </c><00:10:49.196><c>the</c>

00:10:49.370 --> 00:10:49.380 align:start position:0%
cool the concept of hacking hacking the
 

00:10:49.380 --> 00:10:52.269 align:start position:0%
cool the concept of hacking hacking the
state <00:10:50.280><c>hacking </c><00:10:51.180><c>property</c>

00:10:52.269 --> 00:10:52.279 align:start position:0%
state hacking property
 

00:10:52.279 --> 00:10:55.090 align:start position:0%
state hacking property
hacking <00:10:53.399><c>bureaucracy</c>

00:10:55.090 --> 00:10:55.100 align:start position:0%
hacking bureaucracy
 

00:10:55.100 --> 00:10:57.769 align:start position:0%
hacking bureaucracy
I <00:10:55.420><c>don't </c><00:10:55.740><c>know </c><00:10:56.060><c>if </c><00:10:56.380><c>this </c><00:10:56.700><c>comes </c><00:10:57.020><c>audio </c><00:10:57.340><c>from </c><00:10:57.660><c>my</c>

00:10:57.769 --> 00:10:57.779 align:start position:0%
I don't know if this comes audio from my
 

00:10:57.779 --> 00:10:59.329 align:start position:0%
I don't know if this comes audio from my
bosses <00:10:58.019><c>but </c><00:10:58.259><c>I </c><00:10:58.499><c>had </c><00:10:58.739><c>been </c><00:10:58.979><c>working</c>

00:10:59.329 --> 00:10:59.339 align:start position:0%
bosses but I had been working
 

00:10:59.339 --> 00:11:03.030 align:start position:0%
bosses but I had been working
with <00:10:59.531><c>the </c><00:10:59.723><c>state </c><00:10:59.915><c>for </c><00:11:00.107><c>13 </c><00:11:00.299><c>years </c><00:11:00.491><c>it </c><00:11:00.683><c>doesn't </c><00:11:00.875><c>make </c><00:11:01.067><c>me </c><00:11:01.259><c>angry</c>

00:11:03.030 --> 00:11:03.040 align:start position:0%
with the state for 13 years it doesn't make me angry
 

00:11:03.040 --> 00:11:05.050 align:start position:0%
with the state for 13 years it doesn't make me angry
[Applause]

00:11:05.050 --> 00:11:05.060 align:start position:0%
[Applause]
 

00:11:05.060 --> 00:11:07.550 align:start position:0%
[Applause]
crazy <00:11:05.406><c>because </c><00:11:05.752><c>it's </c><00:11:06.098><c>seeing </c><00:11:06.444><c>so </c><00:11:06.790><c>much </c><00:11:07.136><c>talent</c>

00:11:07.550 --> 00:11:07.560 align:start position:0%
crazy because it's seeing so much talent
 

00:11:07.560 --> 00:11:10.370 align:start position:0%
crazy because it's seeing so much talent
sometimes <00:11:07.937><c>stuck </c><00:11:08.314><c>in </c><00:11:08.691><c>the </c><00:11:09.068><c>hands </c><00:11:09.445><c>of </c><00:11:09.822><c>people </c><00:11:10.199><c>who</c>

00:11:10.370 --> 00:11:10.380 align:start position:0%
sometimes stuck in the hands of people who
 

00:11:10.380 --> 00:11:13.610 align:start position:0%
sometimes stuck in the hands of people who
don't <00:11:10.666><c>want </c><00:11:10.952><c>things </c><00:11:11.238><c>to </c><00:11:11.524><c>happen </c><00:11:11.810><c>and </c><00:11:12.096><c>and </c><00:11:12.382><c>and </c><00:11:12.668><c>I </c><00:11:12.954><c>get</c>

00:11:13.610 --> 00:11:13.620 align:start position:0%
don't want things to happen and and and I get
 

00:11:13.620 --> 00:11:14.810 align:start position:0%
don't want things to happen and and and I get
excited <00:11:13.811><c>too </c><00:11:14.002><c>when </c><00:11:14.193><c>you </c><00:11:14.384><c>say </c><00:11:14.575><c>it</c>

00:11:14.810 --> 00:11:14.820 align:start position:0%
excited too when you say it
 

00:11:14.820 --> 00:11:16.550 align:start position:0%
excited too when you say it
Because <00:11:14.980><c>you </c><00:11:15.140><c>see </c><00:11:15.300><c>it </c><00:11:15.460><c>a </c><00:11:15.620><c>lot </c><00:11:15.780><c>all </c><00:11:15.940><c>the </c><00:11:16.100><c>time </c><00:11:16.260><c>in</c>

00:11:16.550 --> 00:11:16.560 align:start position:0%
Because you see it a lot all the time in
 

00:11:16.560 --> 00:11:19.130 align:start position:0%
Because you see it a lot all the time in
all <00:11:16.876><c>the </c><00:11:17.192><c>countries </c><00:11:17.508><c>Argentina </c><00:11:17.824><c>so </c><00:11:18.140><c>many</c>

00:11:19.130 --> 00:11:19.140 align:start position:0%
all the countries Argentina so many
 

00:11:19.140 --> 00:11:21.949 align:start position:0%
all the countries Argentina so many
people <00:11:19.425><c>doing </c><00:11:19.710><c>such </c><00:11:19.995><c>good </c><00:11:20.280><c>things </c><00:11:20.565><c>and </c><00:11:20.850><c>and </c><00:11:21.135><c>so </c><00:11:21.420><c>many</c>

00:11:21.949 --> 00:11:21.959 align:start position:0%
people doing such good things and and so many
 

00:11:21.959 --> 00:11:23.990 align:start position:0%
people doing such good things and and so many
people <00:11:22.181><c>putting </c><00:11:22.403><c>spokes </c><00:11:22.625><c>in </c><00:11:22.847><c>the </c><00:11:23.069><c>wheels </c><00:11:23.291><c>and </c><00:11:23.513><c>this</c>

00:11:23.990 --> 00:11:24.000 align:start position:0%
people putting spokes in the wheels and this
 

00:11:24.000 --> 00:11:25.370 align:start position:0%
people putting spokes in the wheels and this
is <00:11:24.300><c>the </c><00:11:24.600><c>moment </c><00:11:24.900><c>part </c><00:11:25.200><c>for</c>

00:11:25.370 --> 00:11:25.380 align:start position:0%
is the moment part for
 

00:11:25.380 --> 00:11:27.710 align:start position:0%
is the moment part for
us <00:11:25.626><c>to </c><00:11:25.872><c>do </c><00:11:26.118><c>it </c><00:11:26.364><c>this </c><00:11:26.610><c>week </c><00:11:26.856><c>there </c><00:11:27.102><c>is </c><00:11:27.348><c>a </c><00:11:27.594><c>phrase</c>

00:11:27.710 --> 00:11:27.720 align:start position:0%
us to do it this week there is a phrase
 

00:11:27.720 --> 00:11:29.590 align:start position:0%
us to do it this week there is a phrase
that <00:11:27.900><c>said </c><00:11:28.080><c>that </c><00:11:28.260><c>in</c>

00:11:29.590 --> 00:11:29.600 align:start position:0%
that said that in
 

00:11:29.600 --> 00:11:32.030 align:start position:0%
that said that in
1492 <00:11:30.293><c>the </c><00:11:30.986><c>native </c><00:11:31.679><c>peoples</c>

00:11:32.030 --> 00:11:32.040 align:start position:0%
1492 the native peoples
 

00:11:32.040 --> 00:11:34.850 align:start position:0%
1492 the native peoples
discovered <00:11:32.496><c>Columbus </c><00:11:32.952><c>lost </c><00:11:33.408><c>at </c><00:11:33.864><c>sea </c><00:11:34.320><c>and</c>

00:11:34.850 --> 00:11:34.860 align:start position:0%
discovered Columbus lost at sea and
 

00:11:34.860 --> 00:11:38.569 align:start position:0%
discovered Columbus lost at sea and
well <00:11:35.294><c>I </c><00:11:35.728><c>feel </c><00:11:36.162><c>that </c><00:11:36.596><c>for </c><00:11:37.030><c>the </c><00:11:37.464><c>for </c><00:11:37.898><c>the </c><00:11:38.332><c>good</c>

00:11:38.569 --> 00:11:38.579 align:start position:0%
well I feel that for the for the good
 

00:11:38.579 --> 00:11:40.130 align:start position:0%
well I feel that for the for the good
of <00:11:38.789><c>blockchain </c><00:11:38.999><c>has </c><00:11:39.209><c>arrived </c><00:11:39.419><c>in </c><00:11:39.629><c>Latin </c><00:11:39.839><c>America</c>

00:11:40.130 --> 00:11:40.140 align:start position:0%
of blockchain has arrived in Latin America
 

00:11:40.140 --> 00:11:41.930 align:start position:0%
of blockchain has arrived in Latin America
that <00:11:40.296><c>we </c><00:11:40.452><c>teach </c><00:11:40.608><c>it </c><00:11:40.764><c>a </c><00:11:40.920><c>little </c><00:11:41.076><c>bit </c><00:11:41.232><c>of </c><00:11:41.388><c>magic </c><00:11:41.544><c>Thank </c><00:11:41.700><c>you</c>

00:11:41.930 --> 00:11:41.940 align:start position:0%
that we teach it a little bit of magic Thank you
 

00:11:41.940 --> 00:11:42.850 align:start position:0%
that we teach it a little bit of magic Thank you
very <00:11:42.030><c>much </c><00:11:42.120><c>you</c>

00:11:42.850 --> 00:11:42.860 align:start position:0%
very much you
 

00:11:42.860 --> 00:11:45.769 align:start position:0%
very much you
propose <00:11:43.485><c>many </c><00:11:44.110><c>solutions </c><00:11:44.735><c>that </c><00:11:45.360><c>this</c>

00:11:45.769 --> 00:11:45.779 align:start position:0%
propose many solutions that this
 

00:11:45.779 --> 00:11:47.329 align:start position:0%
propose many solutions that this
technology <00:11:46.055><c>Well </c><00:11:46.331><c>for </c><00:11:46.607><c>all </c><00:11:46.883><c>the </c><00:11:47.159><c>virtues</c>

00:11:47.329 --> 00:11:47.339 align:start position:0%
technology Well for all the virtues
 

00:11:47.339 --> 00:11:48.430 align:start position:0%
technology Well for all the virtues
that <00:11:47.459><c>it </c><00:11:47.579><c>has</c>

00:11:48.430 --> 00:11:48.440 align:start position:0%
that it has
 

00:11:48.440 --> 00:11:52.130 align:start position:0%
that it has
allows <00:11:49.026><c>us </c><00:11:49.612><c>to </c><00:11:50.198><c>rethink </c><00:11:50.784><c>a </c><00:11:51.370><c>new </c><00:11:51.956><c>future</c>

00:11:52.130 --> 00:11:52.140 align:start position:0%
allows us to rethink a new future
 

00:11:52.140 --> 00:11:54.889 align:start position:0%
allows us to rethink a new future
for <00:11:52.491><c>Latin </c><00:11:52.842><c>America </c><00:11:53.193><c>for </c><00:11:53.544><c>Colombia </c><00:11:53.895><c>given</c>

00:11:54.889 --> 00:11:54.899 align:start position:0%
for Latin America for Colombia given
 

00:11:54.899 --> 00:11:56.150 align:start position:0%
for Latin America for Colombia given
the <00:11:55.069><c>conditions </c><00:11:55.239><c>of </c><00:11:55.409><c>the </c><00:11:55.579><c>scenarios  </c><00:11:55.749><c>that </c><00:11:55.919><c>well</c>

00:11:56.150 --> 00:11:56.160 align:start position:0%
the conditions of the scenarios  that well
 

00:11:56.160 --> 00:11:58.610 align:start position:0%
the conditions of the scenarios  that well
many <00:11:56.490><c>of </c><00:11:56.820><c>us </c><00:11:57.150><c>already </c><00:11:57.480><c>know</c>

00:11:58.610 --> 00:11:58.620 align:start position:0%
many of us already know
 

00:11:58.620 --> 00:12:03.110 align:start position:0%
many of us already know
obviously <00:11:59.160><c>and </c><00:11:59.700><c>you </c><00:12:00.240><c>mentioned </c><00:12:00.780><c>it </c><00:12:01.320><c>there </c><00:12:01.860><c>we </c><00:12:02.400><c>will </c><00:12:02.940><c>not</c>

00:12:03.110 --> 00:12:03.120 align:start position:0%
obviously and you mentioned it there we will not
 

00:12:03.120 --> 00:12:04.730 align:start position:0%
obviously and you mentioned it there we will not
face

00:12:04.730 --> 00:12:04.740 align:start position:0%
face
 

00:12:04.740 --> 00:12:08.870 align:start position:0%
face
Well, <00:12:05.297><c>due </c><00:12:05.854><c>to </c><00:12:06.411><c>political </c><00:12:06.968><c>wills, </c><00:12:07.525><c>the </c><00:12:08.082><c>friction </c><00:12:08.639><c>between</c>

00:12:08.870 --> 00:12:08.880 align:start position:0%
Well, due to political wills, the friction between
 

00:12:08.880 --> 00:12:11.269 align:start position:0%
Well, due to political wills, the friction between
the <00:12:09.324><c>technological </c><00:12:09.768><c>issue, </c><00:12:10.212><c>adoption </c><00:12:10.656><c>and </c><00:12:11.100><c>the</c>

00:12:11.269 --> 00:12:11.279 align:start position:0%
the technological issue, adoption and the
 

00:12:11.279 --> 00:12:13.550 align:start position:0%
the technological issue, adoption and the
political <00:12:11.799><c>issue </c><00:12:12.319><c>may </c><00:12:12.839><c>become</c>

00:12:13.550 --> 00:12:13.560 align:start position:0%
political issue may become
 

00:12:13.560 --> 00:12:17.389 align:start position:0%
political issue may become
closer. <00:12:13.875><c>So </c><00:12:14.190><c>how </c><00:12:14.505><c>do </c><00:12:14.820><c>you </c><00:12:15.135><c>see </c><00:12:15.450><c>it, </c><00:12:15.765><c>what </c><00:12:16.080><c>do </c><00:12:16.395><c>you</c>

00:12:17.389 --> 00:12:17.399 align:start position:0%
closer. So how do you see it, what do you
 

00:12:17.399 --> 00:12:19.670 align:start position:0%
closer. So how do you see it, what do you
think <00:12:17.894><c>could </c><00:12:18.389><c>happen </c><00:12:18.884><c>because </c><00:12:19.379><c>it</c>

00:12:19.670 --> 00:12:19.680 align:start position:0%
think could happen because it
 

00:12:19.680 --> 00:12:21.949 align:start position:0%
think could happen because it
stops <00:12:19.935><c>being </c><00:12:20.190><c>a </c><00:12:20.445><c>technical </c><00:12:20.700><c>technological </c><00:12:20.955><c>discussion</c>

00:12:21.949 --> 00:12:21.959 align:start position:0%
stops being a technical technological discussion
 

00:12:21.959 --> 00:12:24.350 align:start position:0%
stops being a technical technological discussion
and <00:12:22.309><c>begins </c><00:12:22.659><c>to </c><00:12:23.009><c>take </c><00:12:23.359><c>on </c><00:12:23.709><c>a </c><00:12:24.059><c>more</c>

00:12:24.350 --> 00:12:24.360 align:start position:0%
and begins to take on a more
 

00:12:24.360 --> 00:12:26.150 align:start position:0%
and begins to take on a more
political <00:12:24.640><c>hue. </c><00:12:24.920><c>So </c><00:12:25.200><c>it </c><00:12:25.480><c>was </c><00:12:25.760><c>like </c><00:12:26.040><c>the</c>

00:12:26.150 --> 00:12:26.160 align:start position:0%
political hue. So it was like the
 

00:12:26.160 --> 00:12:27.170 align:start position:0%
political hue. So it was like the
conversation <00:12:26.400><c>we </c><00:12:26.640><c>are </c><00:12:26.880><c>having</c>

00:12:27.170 --> 00:12:27.180 align:start position:0%
conversation we are having
 

00:12:27.180 --> 00:12:29.150 align:start position:0%
conversation we are having
right <00:12:27.360><c>now </c><00:12:27.540><c>is </c><00:12:27.720><c>that </c><00:12:27.900><c>it </c><00:12:28.080><c>is </c><00:12:28.260><c>very </c><00:12:28.440><c>common </c><00:12:28.620><c>for </c><00:12:28.800><c>us </c><00:12:28.980><c>to</c>

00:12:29.150 --> 00:12:29.160 align:start position:0%
right now is that it is very common for us to
 

00:12:29.160 --> 00:12:31.730 align:start position:0%
right now is that it is very common for us to
get <00:12:29.520><c>used </c><00:12:29.880><c>to </c><00:12:30.240><c>the </c><00:12:30.600><c>startup </c><00:12:30.960><c>discourse </c><00:12:31.320><c>of</c>

00:12:31.730 --> 00:12:31.740 align:start position:0%
get used to the startup discourse of
 

00:12:31.740 --> 00:12:32.990 align:start position:0%
get used to the startup discourse of
thinking <00:12:31.894><c>that </c><00:12:32.048><c>we </c><00:12:32.202><c>are </c><00:12:32.356><c>going </c><00:12:32.510><c>to </c><00:12:32.664><c>achieve </c><00:12:32.818><c>this</c>

00:12:32.990 --> 00:12:33.000 align:start position:0%
thinking that we are going to achieve this
 

00:12:33.000 --> 00:12:34.550 align:start position:0%
thinking that we are going to achieve this
through <00:12:33.300><c>private </c><00:12:33.600><c>capital </c><00:12:33.900><c>and </c><00:12:34.200><c>that </c><00:12:34.500><c>then</c>

00:12:34.550 --> 00:12:34.560 align:start position:0%
through private capital and that then
 

00:12:34.560 --> 00:12:36.530 align:start position:0%
through private capital and that then
with <00:12:34.820><c>financing </c><00:12:35.080><c>everything </c><00:12:35.340><c>is </c><00:12:35.600><c>possible, </c><00:12:35.860><c>but </c><00:12:36.120><c>the</c>

00:12:36.530 --> 00:12:36.540 align:start position:0%
with financing everything is possible, but the
 

00:12:36.540 --> 00:12:37.910 align:start position:0%
with financing everything is possible, but the
truth <00:12:36.711><c>is </c><00:12:36.882><c>that </c><00:12:37.053><c>there </c><00:12:37.224><c>are </c><00:12:37.395><c>some </c><00:12:37.566><c>points </c><00:12:37.737><c>of</c>

00:12:37.910 --> 00:12:37.920 align:start position:0%
truth is that there are some points of
 

00:12:37.920 --> 00:12:40.370 align:start position:0%
truth is that there are some points of
friction <00:12:38.160><c>that </c><00:12:38.400><c>are </c><00:12:38.640><c>in </c><00:12:38.880><c>the </c><00:12:39.120><c>system </c><00:12:39.360><c>that </c><00:12:39.600><c>is</c>

00:12:40.370 --> 00:12:40.380 align:start position:0%
friction that are in the system that is
 

00:12:40.380 --> 00:12:42.350 align:start position:0%
friction that are in the system that is
already <00:12:40.920><c>established </c><00:12:41.460><c>and </c><00:12:42.000><c>from</c>

00:12:42.350 --> 00:12:42.360 align:start position:0%
already established and from
 

00:12:42.360 --> 00:12:43.610 align:start position:0%
already established and from
now <00:12:42.520><c>on </c><00:12:42.680><c>we </c><00:12:42.840><c>also </c><00:12:43.000><c>have </c><00:12:43.160><c>to </c><00:12:43.320><c>start</c>

00:12:43.610 --> 00:12:43.620 align:start position:0%
now on we also have to start
 

00:12:43.620 --> 00:12:45.710 align:start position:0%
now on we also have to start
thinking <00:12:44.220><c>as </c><00:12:44.820><c>political </c><00:12:45.420><c>actors</c>

00:12:45.710 --> 00:12:45.720 align:start position:0%
thinking as political actors
 

00:12:45.720 --> 00:12:47.150 align:start position:0%
thinking as political actors
because <00:12:46.980><c>we</c>

00:12:47.150 --> 00:12:47.160 align:start position:0%
because we
 

00:12:47.160 --> 00:12:49.069 align:start position:0%
because we
also <00:12:47.459><c>have </c><00:12:47.758><c>to </c><00:12:48.057><c>take </c><00:12:48.356><c>part </c><00:12:48.655><c>in </c><00:12:48.954><c>how</c>

00:12:49.069 --> 00:12:49.079 align:start position:0%
also have to take part in how
 

00:12:49.079 --> 00:12:50.449 align:start position:0%
also have to take part in how
legislation <00:12:49.499><c>is </c><00:12:49.919><c>built </c><00:12:50.339><c>and</c>

00:12:50.449 --> 00:12:50.459 align:start position:0%
legislation is built and
 

00:12:50.459 --> 00:12:51.590 align:start position:0%
legislation is built and
legislation <00:12:50.699><c>that </c><00:12:50.939><c>is </c><00:12:51.179><c>friendly </c><00:12:51.419><c>with</c>

00:12:51.590 --> 00:12:51.600 align:start position:0%
legislation that is friendly with
 

00:12:51.600 --> 00:12:54.350 align:start position:0%
legislation that is friendly with
blockchain <00:12:52.080><c>Because </c><00:12:52.560><c>if </c><00:12:53.040><c>the </c><00:12:53.520><c>same </c><00:12:54.000><c>bad</c>

00:12:54.350 --> 00:12:54.360 align:start position:0%
blockchain Because if the same bad
 

00:12:54.360 --> 00:12:56.150 align:start position:0%
blockchain Because if the same bad
people <00:12:54.760><c>who </c><00:12:55.160><c>are </c><00:12:55.560><c>destroying</c>

00:12:56.150 --> 00:12:56.160 align:start position:0%
people who are destroying
 

00:12:56.160 --> 00:12:57.590 align:start position:0%
people who are destroying
Latin <00:12:56.475><c>America </c><00:12:56.790><c>from </c><00:12:57.105><c>figures </c><00:12:57.420><c>of</c>

00:12:57.590 --> 00:12:57.600 align:start position:0%
Latin America from figures of
 

00:12:57.600 --> 00:12:59.629 align:start position:0%
Latin America from figures of
power <00:12:57.995><c>understand, </c><00:12:58.390><c>they </c><00:12:58.785><c>will </c><00:12:59.180><c>also </c><00:12:59.575><c>understand</c>

00:12:59.629 --> 00:12:59.639 align:start position:0%
power understand, they will also understand
 

00:12:59.639 --> 00:13:01.250 align:start position:0%
power understand, they will also understand
how <00:12:59.984><c>to </c><00:13:00.329><c>hinder </c><00:13:00.674><c>that </c><00:13:01.019><c>option.</c>

00:13:01.250 --> 00:13:01.260 align:start position:0%
how to hinder that option.
 

00:13:01.260 --> 00:13:03.590 align:start position:0%
how to hinder that option.
So <00:13:01.551><c>it </c><00:13:01.842><c>is </c><00:13:02.133><c>a </c><00:13:02.424><c>community </c><00:13:02.715><c>process. </c><00:13:03.006><c>But </c><00:13:03.297><c>it</c>

00:13:03.590 --> 00:13:03.600 align:start position:0%
So it is a community process. But it
 

00:13:03.600 --> 00:13:04.970 align:start position:0%
So it is a community process. But it
is <00:13:03.885><c>also </c><00:13:04.170><c>a </c><00:13:04.455><c>technological </c><00:13:04.740><c>and</c>

00:13:04.970 --> 00:13:04.980 align:start position:0%
is also a technological and
 

00:13:04.980 --> 00:13:07.760 align:start position:0%
is also a technological and
political <00:13:05.199><c>process, </c><00:13:05.418><c>I </c><00:13:05.637><c>think.</c>

