WEBVTT Kind: captions Language: en 00:00:00.000 --> 00:00:04.350 align:start position:0% foreign 00:00:04.350 --> 00:00:04.360 align:start position:0% 00:00:04.360 --> 00:00:14.089 align:start position:0% [Music] 00:00:14.089 --> 00:00:14.099 align:start position:0% 00:00:14.099 --> 00:00:16.430 align:start position:0% Defcon 00:00:16.430 --> 00:00:16.440 align:start position:0% Defcon 00:00:16.440 --> 00:00:18.650 align:start position:0% Defcon how's<00:00:16.800> everybody<00:00:16.980> doing<00:00:17.400> today 00:00:18.650 --> 00:00:18.660 align:start position:0% how's everybody doing today 00:00:18.660 --> 00:00:20.510 align:start position:0% how's everybody doing today So<00:00:19.320> today<00:00:19.740> we're<00:00:19.980> going<00:00:20.100> to<00:00:20.220> talk<00:00:20.340> about 00:00:20.510 --> 00:00:20.520 align:start position:0% So today we're going to talk about 00:00:20.520 --> 00:00:23.150 align:start position:0% So today we're going to talk about Africa<00:00:21.180> part<00:00:21.720> of<00:00:21.840> the<00:00:21.960> world<00:00:22.080> that<00:00:22.500> we<00:00:22.980> all 00:00:23.150 --> 00:00:23.160 align:start position:0% Africa part of the world that we all 00:00:23.160 --> 00:00:26.450 align:start position:0% Africa part of the world that we all know<00:00:23.340> but<00:00:24.080> oftentimes<00:00:25.080> overlooked<00:00:25.980> but 00:00:26.450 --> 00:00:26.460 align:start position:0% know but oftentimes overlooked but 00:00:26.460 --> 00:00:28.790 align:start position:0% know but oftentimes overlooked but before<00:00:26.640> we<00:00:26.880> start<00:00:27.119> I<00:00:27.359> want<00:00:27.480> to<00:00:27.660> ask<00:00:27.840> you<00:00:28.019> how 00:00:28.790 --> 00:00:28.800 align:start position:0% before we start I want to ask you how 00:00:28.800 --> 00:00:32.210 align:start position:0% before we start I want to ask you how many<00:00:28.920> of<00:00:29.099> you<00:00:29.279> here<00:00:29.640> are<00:00:29.880> from<00:00:30.420> Africa 00:00:32.210 --> 00:00:32.220 align:start position:0% many of you here are from Africa 00:00:32.220 --> 00:00:34.250 align:start position:0% many of you here are from Africa awesome<00:00:32.880> how<00:00:33.300> many<00:00:33.480> of<00:00:33.600> you<00:00:33.660> have<00:00:33.780> been<00:00:33.960> to<00:00:34.079> the 00:00:34.250 --> 00:00:34.260 align:start position:0% awesome how many of you have been to the 00:00:34.260 --> 00:00:35.990 align:start position:0% awesome how many of you have been to the continent<00:00:34.620> before 00:00:35.990 --> 00:00:36.000 align:start position:0% continent before 00:00:36.000 --> 00:00:38.870 align:start position:0% continent before how<00:00:36.420> many<00:00:36.660> of<00:00:36.780> you<00:00:36.960> have<00:00:37.620> worked<00:00:38.340> with<00:00:38.579> people 00:00:38.870 --> 00:00:38.880 align:start position:0% how many of you have worked with people 00:00:38.880 --> 00:00:41.810 align:start position:0% how many of you have worked with people collaborated<00:00:39.780> invested<00:00:40.620> in 00:00:41.810 --> 00:00:41.820 align:start position:0% collaborated invested in 00:00:41.820 --> 00:00:45.229 align:start position:0% collaborated invested in how<00:00:42.300> many<00:00:42.420> of<00:00:42.600> you<00:00:42.780> are<00:00:43.260> Africa<00:00:43.800> curious 00:00:45.229 --> 00:00:45.239 align:start position:0% how many of you are Africa curious 00:00:45.239 --> 00:00:47.450 align:start position:0% how many of you are Africa curious awesome<00:00:45.739> so 00:00:47.450 --> 00:00:47.460 align:start position:0% awesome so 00:00:47.460 --> 00:00:49.430 align:start position:0% awesome so um we're<00:00:47.700> here<00:00:47.820> to<00:00:48.000> talk<00:00:48.120> about<00:00:48.300> you<00:00:49.200> know<00:00:49.320> a 00:00:49.430 --> 00:00:49.440 align:start position:0% um we're here to talk about you know a 00:00:49.440 --> 00:00:51.049 align:start position:0% um we're here to talk about you know a beautiful<00:00:49.620> continent<00:00:50.160> that<00:00:50.399> means<00:00:50.640> a<00:00:50.760> lot<00:00:50.879> to 00:00:51.049 --> 00:00:51.059 align:start position:0% beautiful continent that means a lot to 00:00:51.059 --> 00:00:53.330 align:start position:0% beautiful continent that means a lot to me<00:00:51.180> a<00:00:51.660> little<00:00:51.780> bit<00:00:51.899> about<00:00:52.020> myself<00:00:52.440> I'm<00:00:53.039> from 00:00:53.330 --> 00:00:53.340 align:start position:0% me a little bit about myself I'm from 00:00:53.340 --> 00:00:55.970 align:start position:0% me a little bit about myself I'm from Ethiopia<00:00:54.000> grew<00:00:54.539> up<00:00:54.539> in<00:00:54.899> Kenya<00:00:55.440> and<00:00:55.500> Tanzania 00:00:55.970 --> 00:00:55.980 align:start position:0% Ethiopia grew up in Kenya and Tanzania 00:00:55.980 --> 00:00:59.569 align:start position:0% Ethiopia grew up in Kenya and Tanzania lived<00:00:56.640> in<00:00:56.699> Nigeria<00:00:57.239> and<00:00:58.039> when<00:00:59.039> I<00:00:59.219> was<00:00:59.280> growing 00:00:59.569 --> 00:00:59.579 align:start position:0% lived in Nigeria and when I was growing 00:00:59.579 --> 00:01:02.510 align:start position:0% lived in Nigeria and when I was growing up<00:00:59.699> the<00:01:00.180> predominant<00:01:00.660> narrative<00:01:01.079> is<00:01:01.559> that<00:01:01.800> you 00:01:02.510 --> 00:01:02.520 align:start position:0% up the predominant narrative is that you 00:01:02.520 --> 00:01:05.390 align:start position:0% up the predominant narrative is that you are<00:01:02.699> at<00:01:02.940> the<00:01:03.059> bottom<00:01:03.359> of<00:01:03.480> the<00:01:03.600> pyramid<00:01:04.159> and<00:01:05.159> if 00:01:05.390 --> 00:01:05.400 align:start position:0% are at the bottom of the pyramid and if 00:01:05.400 --> 00:01:06.649 align:start position:0% are at the bottom of the pyramid and if you<00:01:05.519> want<00:01:05.640> to<00:01:05.760> do<00:01:05.939> big<00:01:06.119> things<00:01:06.240> in<00:01:06.479> the<00:01:06.600> world 00:01:06.649 --> 00:01:06.659 align:start position:0% you want to do big things in the world 00:01:06.659 --> 00:01:08.990 align:start position:0% you want to do big things in the world you<00:01:06.960> got<00:01:07.080> to<00:01:07.260> leave<00:01:07.439> the<00:01:08.159> best<00:01:08.280> building<00:01:08.580> was 00:01:08.990 --> 00:01:09.000 align:start position:0% you got to leave the best building was 00:01:09.000 --> 00:01:10.850 align:start position:0% you got to leave the best building was the<00:01:09.240> airport<00:01:09.420> the<00:01:10.020> best<00:01:10.140> road<00:01:10.380> was<00:01:10.619> the<00:01:10.740> road 00:01:10.850 --> 00:01:10.860 align:start position:0% the airport the best road was the road 00:01:10.860 --> 00:01:13.010 align:start position:0% the airport the best road was the road to<00:01:11.040> the<00:01:11.159> airport<00:01:11.280> and<00:01:12.119> so<00:01:12.360> I<00:01:12.540> followed<00:01:12.840> that 00:01:13.010 --> 00:01:13.020 align:start position:0% to the airport and so I followed that 00:01:13.020 --> 00:01:15.830 align:start position:0% to the airport and so I followed that narrative<00:01:13.320> move<00:01:13.560> to<00:01:13.799> the<00:01:13.920> West<00:01:14.540> for<00:01:15.540> about 00:01:15.830 --> 00:01:15.840 align:start position:0% narrative move to the West for about 00:01:15.840 --> 00:01:19.010 align:start position:0% narrative move to the West for about eight<00:01:16.080> years<00:01:16.320> I<00:01:16.740> worked<00:01:17.159> in<00:01:18.119> experimenting 00:01:19.010 --> 00:01:19.020 align:start position:0% eight years I worked in experimenting 00:01:19.020 --> 00:01:21.410 align:start position:0% eight years I worked in experimenting with<00:01:19.140> immigration<00:01:19.619> systems<00:01:20.220> to<00:01:20.640> find<00:01:20.880> holes 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develop I develop a nation let's make a real<00:01:51.420> impact 00:01:52.670 --> 00:01:52.680 align:start position:0% real impact 00:01:52.680 --> 00:01:54.889 align:start position:0% real impact um let's<00:01:52.979> fight<00:01:53.159> corruption<00:01:53.820> and<00:01:54.659> create 00:01:54.889 --> 00:01:54.899 align:start position:0% um let's fight corruption and create 00:01:54.899 --> 00:01:57.050 align:start position:0% um let's fight corruption and create Financial<00:01:55.200> inclusion<00:01:55.920> and<00:01:56.460> there's<00:01:56.640> a<00:01:56.820> lot<00:01:56.880> of 00:01:57.050 --> 00:01:57.060 align:start position:0% Financial inclusion and there's a lot of 00:01:57.060 --> 00:01:59.810 align:start position:0% Financial inclusion and there's a lot of sort<00:01:57.240> of<00:01:57.420> moral<00:01:58.100> based<00:01:59.100> narratives<00:01:59.640> that 00:01:59.810 --> 00:01:59.820 align:start position:0% sort of moral based narratives that 00:01:59.820 --> 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for<00:02:07.020> us<00:02:07.140> to<00:02:07.439> really 00:02:07.550 --> 00:02:07.560 align:start position:0% think it's important for us to really 00:02:07.560 --> 00:02:10.070 align:start position:0% think it's important for us to really explore<00:02:08.039> and<00:02:08.880> that<00:02:09.119> is 00:02:10.070 --> 00:02:10.080 align:start position:0% explore and that is 00:02:10.080 --> 00:02:12.890 align:start position:0% explore and that is what<00:02:10.860> if<00:02:11.099> it<00:02:11.520> is<00:02:11.640> actually<00:02:11.879> web<00:02:12.239> free<00:02:12.540> that 00:02:12.890 --> 00:02:12.900 align:start position:0% what if it is actually web free that 00:02:12.900 --> 00:02:15.650 align:start position:0% what if it is actually web free that needs<00:02:13.260> Africa<00:02:13.739> to<00:02:14.700> fulfill<00:02:15.060> its<00:02:15.540> full 00:02:15.650 --> 00:02:15.660 align:start position:0% needs Africa to fulfill its full 00:02:15.660 --> 00:02:16.970 align:start position:0% needs Africa to fulfill its full potential 00:02:16.970 --> 00:02:16.980 align:start position:0% potential 00:02:16.980 --> 00:02:18.949 align:start position:0% potential and<00:02:17.520> for<00:02:17.700> the<00:02:17.879> last 00:02:18.949 --> 00:02:18.959 align:start position:0% and for the last 00:02:18.959 --> 00:02:20.869 align:start position:0% and for the last for<00:02:19.379> the<00:02:19.500> last<00:02:19.620> 10<00:02:19.800> years<00:02:20.040> plus<00:02:20.340> we've<00:02:20.700> been 00:02:20.869 --> 00:02:20.879 align:start position:0% for the last 10 years plus we've been 00:02:20.879 --> 00:02:22.610 align:start position:0% for the last 10 years plus we've been talking<00:02:21.060> about<00:02:21.300> Mass<00:02:21.599> adoption<00:02:22.140> we've<00:02:22.500> been 00:02:22.610 --> 00:02:22.620 align:start position:0% talking about Mass adoption we've been 00:02:22.620 --> 00:02:24.830 align:start position:0% talking about Mass adoption we've been talking<00:02:22.860> about<00:02:23.300> bringing<00:02:24.300> in<00:02:24.420> a<00:02:24.540> billion 00:02:24.830 --> 00:02:24.840 align:start position:0% talking about bringing in a billion 00:02:24.840 --> 00:02:26.930 align:start position:0% talking about bringing in a billion people<00:02:25.020> into<00:02:25.319> this<00:02:25.620> space<00:02:25.800> to<00:02:26.220> get<00:02:26.340> people<00:02:26.580> who 00:02:26.930 --> 00:02:26.940 align:start position:0% people into this space to get people who 00:02:26.940 --> 00:02:28.790 align:start position:0% people into this space to get people who actually<00:02:27.180> use<00:02:27.599> the<00:02:27.840> technologies<00:02:28.379> that<00:02:28.620> we're 00:02:28.790 --> 00:02:28.800 align:start position:0% actually use the technologies that we're 00:02:28.800 --> 00:02:31.430 align:start position:0% actually use the technologies that we're building<00:02:29.120> for<00:02:30.120> daily<00:02:30.480> things<00:02:30.959> that<00:02:31.319> people 00:02:31.430 --> 00:02:31.440 align:start position:0% building for daily things that people 00:02:31.440 --> 00:02:34.490 align:start position:0% building for daily things that people rely<00:02:31.980> on<00:02:32.160> we<00:02:32.700> want<00:02:32.879> web3<00:02:33.360> to<00:02:33.599> be<00:02:33.720> plan<00:02:33.959> a<00:02:34.200> not 00:02:34.490 --> 00:02:34.500 align:start position:0% rely on we want web3 to be plan a not 00:02:34.500 --> 00:02:37.670 align:start position:0% rely on we want web3 to be plan a not plan<00:02:34.739> B<00:02:35.040> and<00:02:35.819> I<00:02:36.000> believe<00:02:36.180> that's<00:02:36.840> where<00:02:37.260> Africa 00:02:37.670 --> 00:02:37.680 align:start position:0% plan B and I believe that's where Africa 00:02:37.680 --> 00:02:39.650 align:start position:0% plan B and I believe that's where Africa plays<00:02:38.099> a<00:02:38.160> role<00:02:38.459> and<00:02:38.940> that's<00:02:39.060> the<00:02:39.300> narrative 00:02:39.650 --> 00:02:39.660 align:start position:0% plays a role and that's the narrative 00:02:39.660 --> 00:02:41.630 align:start position:0% plays a role and that's the narrative that<00:02:39.840> we're<00:02:39.959> going<00:02:40.080> to<00:02:40.200> unpack<00:02:40.560> today 00:02:41.630 --> 00:02:41.640 align:start position:0% that we're going to unpack today 00:02:41.640 --> 00:02:43.910 align:start position:0% that we're going to unpack today but<00:02:42.180> before<00:02:42.360> we<00:02:42.599> do<00:02:42.780> that<00:02:42.900> I<00:02:43.260> want<00:02:43.379> to<00:02:43.560> kind<00:02:43.800> of 00:02:43.910 --> 00:02:43.920 align:start position:0% but before we do that I want to kind of 00:02:43.920 --> 00:02:46.910 align:start position:0% but before we do that I want to kind of do<00:02:44.640> a<00:02:44.760> bit<00:02:44.940> of<00:02:45.060> a<00:02:45.239> high<00:02:45.420> level<00:02:45.599> overview 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Africa<00:02:55.379> was 00:02:55.670 --> 00:02:55.680 align:start position:0% so let's look at demographics Africa was 00:02:55.680 --> 00:03:00.050 align:start position:0% so let's look at demographics Africa was has<00:02:56.040> 1.4<00:02:56.760> billion<00:02:57.120> people<00:02:57.360> 70<00:02:58.260> of<00:02:58.860> us<00:02:59.040> are<00:02:59.459> 75 00:03:00.050 --> 00:03:00.060 align:start position:0% has 1.4 billion people 70 of us are 75 00:03:00.060 --> 00:03:03.589 align:start position:0% has 1.4 billion people 70 of us are 75 of<00:03:00.540> us<00:03:00.660> are<00:03:00.959> under<00:03:01.140> 35<00:03:01.700> the<00:03:02.700> median<00:03:03.120> age<00:03:03.360> is 00:03:03.589 --> 00:03:03.599 align:start position:0% of us are under 35 the median age is 00:03:03.599 --> 00:03:05.930 align:start position:0% of us are under 35 the median age is about<00:03:03.780> 19<00:03:04.080> years<00:03:04.500> old<00:03:04.680> where<00:03:05.400> the<00:03:05.640> youngest 00:03:05.930 --> 00:03:05.940 align:start position:0% about 19 years old where the youngest 00:03:05.940 --> 00:03:08.930 align:start position:0% about 19 years old where the youngest population<00:03:06.319> and<00:03:07.319> the<00:03:07.500> fastest<00:03:07.860> growing<00:03:08.280> and 00:03:08.930 --> 00:03:08.940 align:start position:0% population and the fastest growing and 00:03:08.940 --> 00:03:10.910 align:start position:0% population and the fastest growing and also<00:03:09.180> the<00:03:09.480> fastest<00:03:09.900> population<00:03:10.379> that's 00:03:10.910 --> 00:03:10.920 align:start position:0% also the fastest population that's 00:03:10.920 --> 00:03:13.490 align:start position:0% also the fastest population that's urbanizing<00:03:12.120> but<00:03:12.720> that's<00:03:12.900> not<00:03:13.140> just<00:03:13.379> the 00:03:13.490 --> 00:03:13.500 align:start position:0% urbanizing but that's not just the 00:03:13.500 --> 00:03:15.410 align:start position:0% urbanizing but that's not just the picture<00:03:13.680> the<00:03:14.400> other<00:03:14.459> part<00:03:14.640> of<00:03:14.819> it<00:03:14.940> is<00:03:15.120> that 00:03:15.410 --> 00:03:15.420 align:start position:0% picture the other part of it is that 00:03:15.420 --> 00:03:18.170 align:start position:0% picture the other part of it is that we're<00:03:15.659> growing<00:03:16.140> really<00:03:16.500> really<00:03:16.680> really<00:03:16.920> fast 00:03:18.170 --> 00:03:18.180 align:start position:0% we're growing really really really fast 00:03:18.180 --> 00:03:21.589 align:start position:0% we're growing really really really fast by<00:03:18.900> 2050<00:03:19.440> we're<00:03:19.739> expected<00:03:20.159> to<00:03:20.340> be<00:03:20.519> almost<00:03:20.879> 2.8 00:03:21.589 --> 00:03:21.599 align:start position:0% by 2050 we're expected to be almost 2.8 00:03:21.599 --> 00:03:24.530 align:start position:0% by 2050 we're expected to be almost 2.8 billion<00:03:21.959> people<00:03:22.260> 50<00:03:23.040> of<00:03:23.519> that<00:03:23.700> population<00:03:24.000> is 00:03:24.530 --> 00:03:24.540 align:start position:0% billion people 50 of that population is 00:03:24.540 --> 00:03:27.110 align:start position:0% billion people 50 of that population is concentrated<00:03:25.019> in<00:03:25.319> just<00:03:25.500> seven<00:03:25.739> countries<00:03:26.280> and 00:03:27.110 --> 00:03:27.120 align:start position:0% concentrated in just seven countries and 00:03:27.120 --> 00:03:29.330 align:start position:0% concentrated in just seven countries and we're<00:03:27.780> going<00:03:27.900> to<00:03:28.019> expect<00:03:28.140> about<00:03:28.560> a<00:03:28.920> third<00:03:29.099> of 00:03:29.330 --> 00:03:29.340 align:start position:0% we're going to expect about a third of 00:03:29.340 --> 00:03:31.250 align:start position:0% we're going to expect about a third of the<00:03:29.459> world's<00:03:29.819> young<00:03:30.060> people<00:03:30.540> are<00:03:30.900> going<00:03:31.080> to<00:03:31.200> be 00:03:31.250 --> 00:03:31.260 align:start position:0% the world's young people are going to be 00:03:31.260 --> 00:03:33.410 align:start position:0% the world's young people are going to be in<00:03:31.440> Africa<00:03:32.280> just<00:03:32.760> to<00:03:32.879> put<00:03:33.060> that<00:03:33.239> in 00:03:33.410 --> 00:03:33.420 align:start position:0% in Africa just to put that in 00:03:33.420 --> 00:03:36.770 align:start position:0% in Africa just to put that in perspective<00:03:33.959> just<00:03:34.800> in<00:03:34.980> the<00:03:35.159> next<00:03:35.280> 18<00:03:35.640> years 00:03:36.770 --> 00:03:36.780 align:start position:0% perspective just in the next 18 years 00:03:36.780 --> 00:03:38.750 align:start position:0% perspective just in the next 18 years there's<00:03:37.319> going<00:03:37.560> to<00:03:37.680> be<00:03:37.739> twice<00:03:38.220> as<00:03:38.340> many<00:03:38.519> young 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as Europe 00:03:47.700 --> 00:03:50.750 align:start position:0% many young people in Africa as Europe and<00:03:48.540> the<00:03:49.019> US<00:03:49.140> combined 00:03:50.750 --> 00:03:50.760 align:start position:0% and the US combined 00:03:50.760 --> 00:03:53.390 align:start position:0% and the US combined so<00:03:51.299> if<00:03:51.480> we're<00:03:51.599> talking<00:03:51.840> about<00:03:52.140> users<00:03:53.040> if<00:03:53.220> we're 00:03:53.390 --> 00:03:53.400 align:start position:0% so if we're talking about users if we're 00:03:53.400 --> 00:03:54.830 align:start position:0% so if we're talking about users if we're talking<00:03:53.580> about<00:03:53.819> Talent<00:03:54.360> base<00:03:54.480> if<00:03:54.720> we're 00:03:54.830 --> 00:03:54.840 align:start position:0% talking about Talent base if we're 00:03:54.840 --> 00:03:56.630 align:start position:0% talking about Talent base if we're talking<00:03:55.019> about<00:03:55.260> the<00:03:55.560> future<00:03:55.739> Workforce<00:03:56.459> of 00:03:56.630 --> 00:03:56.640 align:start position:0% talking about the future Workforce of 00:03:56.640 --> 00:04:00.050 align:start position:0% talking about the future Workforce of the<00:03:56.879> world<00:03:57.060> that's<00:03:57.959> going<00:03:58.200> to<00:03:58.260> be<00:03:58.319> in<00:03:58.440> Africa 00:04:00.050 --> 00:04:00.060 align:start position:0% the world that's going to be in Africa 00:04:00.060 --> 00:04:01.970 align:start position:0% the world that's going to be in Africa the<00:04:00.480> other<00:04:00.599> bit<00:04:00.780> is<00:04:00.959> around<00:04:01.140> the<00:04:01.440> economy<00:04:01.799> and 00:04:01.970 --> 00:04:01.980 align:start position:0% the other bit is around the economy and 00:04:01.980 --> 00:04:05.210 align:start position:0% the other bit is around the economy and this<00:04:02.159> is<00:04:02.220> a<00:04:02.459> mixed<00:04:02.760> image<00:04:03.060> here<00:04:03.299> so<00:04:04.019> about<00:04:04.220> 457 00:04:05.210 --> 00:04:05.220 align:start position:0% this is a mixed image here so about 457 00:04:05.220 --> 00:04:07.369 align:start position:0% this is a mixed image here so about 457 million<00:04:05.700> sub-Saharan<00:04:06.420> Africans<00:04:06.900> actually 00:04:07.369 --> 00:04:07.379 align:start position:0% million sub-Saharan Africans actually 00:04:07.379 --> 00:04:10.309 align:start position:0% million sub-Saharan Africans actually have<00:04:07.680> a<00:04:07.860> bank<00:04:08.040> account<00:04:08.280> and<00:04:09.120> 370<00:04:09.959> million 00:04:10.309 --> 00:04:10.319 align:start position:0% have a bank account and 370 million 00:04:10.319 --> 00:04:12.170 align:start position:0% have a bank account and 370 million adults<00:04:10.799> don't 00:04:12.170 --> 00:04:12.180 align:start position:0% adults don't 00:04:12.180 --> 00:04:14.229 align:start position:0% adults don't there's<00:04:12.659> a<00:04:12.840> lot<00:04:12.959> of<00:04:13.080> statistics<00:04:13.500> around 00:04:14.229 --> 00:04:14.239 align:start position:0% there's a lot of statistics around 00:04:14.239 --> 00:04:16.849 align:start position:0% there's a lot of statistics around unemployment<00:04:15.239> about<00:04:15.480> a<00:04:15.720> third<00:04:15.900> is<00:04:16.440> considered 00:04:16.849 --> 00:04:16.859 align:start position:0% unemployment about a third is considered 00:04:16.859 --> 00:04:18.650 align:start position:0% unemployment about a third is considered unemployed<00:04:17.400> but<00:04:17.579> I<00:04:17.760> believe<00:04:17.940> it's<00:04:18.239> a<00:04:18.479> big 00:04:18.650 --> 00:04:18.660 align:start position:0% unemployed but I believe it's a big 00:04:18.660 --> 00:04:20.870 align:start position:0% unemployed but I believe it's a big bigger<00:04:19.260> number<00:04:19.380> than<00:04:19.680> that<00:04:19.859> and<00:04:20.459> we<00:04:20.699> expect 00:04:20.870 --> 00:04:20.880 align:start position:0% bigger number than that and we expect 00:04:20.880 --> 00:04:23.629 align:start position:0% bigger number than that and we expect about<00:04:21.239> 350<00:04:21.900> million<00:04:22.260> Africans<00:04:22.740> today<00:04:22.979> are 00:04:23.629 --> 00:04:23.639 align:start position:0% about 350 million Africans today are 00:04:23.639 --> 00:04:25.670 align:start position:0% about 350 million Africans today are considered<00:04:24.000> middle<00:04:24.240> class<00:04:24.540> and<00:04:25.440> the 00:04:25.670 --> 00:04:25.680 align:start position:0% considered middle class and the 00:04:25.680 --> 00:04:27.110 align:start position:0% considered middle class and the definition<00:04:25.800> of<00:04:26.160> middle<00:04:26.400> class<00:04:26.639> kind<00:04:26.940> of 00:04:27.110 --> 00:04:27.120 align:start position:0% definition of middle class kind of 00:04:27.120 --> 00:04:29.689 align:start position:0% definition of middle class kind of varies<00:04:27.479> at<00:04:28.199> the<00:04:28.380> moment<00:04:28.560> cost<00:04:29.100> of<00:04:29.220> living<00:04:29.460> is 00:04:29.689 --> 00:04:29.699 align:start position:0% varies at the moment cost of living is 00:04:29.699 --> 00:04:31.850 align:start position:0% varies at the moment cost of living is really<00:04:29.940> going<00:04:30.180> up<00:04:30.419> and<00:04:30.780> so 00:04:31.850 --> 00:04:31.860 align:start position:0% really going up and so 00:04:31.860 --> 00:04:33.650 align:start position:0% really going up and so um you<00:04:32.460> might<00:04:32.580> be<00:04:32.820> considered<00:04:33.240> middle<00:04:33.419> class 00:04:33.650 --> 00:04:33.660 align:start position:0% um you might be considered middle class 00:04:33.660 --> 00:04:35.210 align:start position:0% um you might be considered middle class but<00:04:33.960> you're<00:04:34.080> not<00:04:34.259> thriving 00:04:35.210 --> 00:04:35.220 align:start position:0% but you're not thriving 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aggregate numbers there's<00:04:43.440> actually<00:04:43.740> huge<00:04:44.340> amount<00:04:44.580> of<00:04:44.699> capital 00:04:44.930 --> 00:04:44.940 align:start position:0% there's actually huge amount of capital 00:04:44.940 --> 00:04:48.230 align:start position:0% there's actually huge amount of capital Africans<00:04:45.720> are<00:04:45.900> spending<00:04:46.639> 6.3<00:04:47.639> trillion 00:04:48.230 --> 00:04:48.240 align:start position:0% Africans are spending 6.3 trillion 00:04:48.240 --> 00:04:50.210 align:start position:0% Africans are spending 6.3 trillion dollars<00:04:48.540> of<00:04:48.780> consumer<00:04:49.320> and<00:04:50.040> business 00:04:50.210 --> 00:04:50.220 align:start position:0% dollars of consumer and business 00:04:50.220 --> 00:04:53.090 align:start position:0% dollars of consumer and business spending<00:04:50.820> expected<00:04:51.300> by<00:04:51.479> 2030<00:04:52.020> and<00:04:52.560> 4.2 00:04:53.090 --> 00:04:53.100 align:start position:0% spending expected by 2030 and 4.2 00:04:53.100 --> 00:04:54.950 align:start position:0% spending expected by 2030 and 4.2 billion<00:04:53.400> of<00:04:53.520> that<00:04:53.639> is<00:04:53.820> B2B 00:04:54.950 --> 00:04:54.960 align:start position:0% billion of that is B2B 00:04:54.960 --> 00:04:57.950 align:start position:0% billion of that is B2B so<00:04:55.320> Africa<00:04:55.800> is<00:04:55.919> not<00:04:56.100> just<00:04:56.660> poor<00:04:57.660> population 00:04:57.950 --> 00:04:57.960 align:start position:0% so Africa is not just poor population 00:04:57.960 --> 00:05:00.469 align:start position:0% so Africa is not just poor population that<00:04:58.620> the<00:04:58.800> world<00:04:58.919> needs<00:04:59.280> to<00:04:59.340> go<00:04:59.460> save<00:04:59.759> it's 00:05:00.469 --> 00:05:00.479 align:start position:0% that the world needs to go save it's 00:05:00.479 --> 00:05:03.110 align:start position:0% that the world needs to go save it's population<00:05:00.840> made<00:05:01.380> of<00:05:01.620> people<00:05:01.919> who<00:05:02.820> actually 00:05:03.110 --> 00:05:03.120 align:start position:0% population made of people who actually 00:05:03.120 --> 00:05:07.070 align:start position:0% population made of people who actually have<00:05:03.900> an<00:05:04.139> ability<00:05:04.440> to<00:05:04.919> create<00:05:05.280> and<00:05:05.699> spend<00:05:06.479> the 00:05:07.070 --> 00:05:07.080 align:start position:0% have an ability to create and spend the 00:05:07.080 --> 00:05:08.210 align:start position:0% have an ability to create and spend the other<00:05:07.199> part<00:05:07.380> of<00:05:07.560> the<00:05:07.620> narrative<00:05:07.919> like 00:05:08.210 --> 00:05:08.220 align:start position:0% other part of the narrative like 00:05:08.220 --> 00:05:09.830 align:start position:0% other part of the narrative like understanding<00:05:08.759> is<00:05:08.940> around<00:05:09.120> technology<00:05:09.600> and 00:05:09.830 --> 00:05:09.840 align:start position:0% understanding is around technology and 00:05:09.840 --> 00:05:11.930 align:start position:0% understanding is around technology and this<00:05:10.080> is<00:05:10.199> also<00:05:10.500> very<00:05:10.740> mixed 00:05:11.930 --> 00:05:11.940 align:start position:0% this is also very mixed 00:05:11.940 --> 00:05:14.150 align:start position:0% this is also very mixed um<00:05:12.000> we<00:05:12.240> have<00:05:12.419> 590<00:05:13.139> million<00:05:13.380> Africans<00:05:13.860> who<00:05:14.040> have 00:05:14.150 --> 00:05:14.160 align:start position:0% um we have 590 million Africans who have 00:05:14.160 --> 00:05:16.010 align:start position:0% um we have 590 million Africans who have accessed<00:05:14.580> the<00:05:14.699> internet<00:05:14.820> a<00:05:15.479> lot<00:05:15.600> of<00:05:15.720> that<00:05:15.840> is 00:05:16.010 --> 00:05:16.020 align:start position:0% accessed the internet a lot of that is 00:05:16.020 --> 00:05:18.830 align:start position:0% accessed the internet a lot of that is coming<00:05:16.320> from<00:05:17.100> Mobile<00:05:17.340> use<00:05:17.759> and<00:05:18.600> we're 00:05:18.830 --> 00:05:18.840 align:start position:0% coming from Mobile use and we're 00:05:18.840 --> 00:05:21.590 align:start position:0% coming from Mobile use and we're expecting<00:05:19.380> six<00:05:19.740> percent<00:05:19.979> mobile<00:05:20.880> adoption 00:05:21.590 --> 00:05:21.600 align:start position:0% expecting six percent mobile adoption 00:05:21.600 --> 00:05:23.689 align:start position:0% expecting six percent mobile adoption year<00:05:22.020> on<00:05:22.320> over<00:05:22.680> year 00:05:23.689 --> 00:05:23.699 align:start position:0% year on over year 00:05:23.699 --> 00:05:25.610 align:start position:0% year on over year and<00:05:24.060> the<00:05:24.180> other<00:05:24.300> bit<00:05:24.539> is<00:05:24.720> mobile<00:05:25.080> money<00:05:25.440> is 00:05:25.610 --> 00:05:25.620 align:start position:0% and the other bit is mobile money is 00:05:25.620 --> 00:05:27.650 align:start position:0% and the other bit is mobile money is huge<00:05:26.039> and<00:05:26.580> that's<00:05:26.759> concentrated<00:05:27.240> in<00:05:27.419> very 00:05:27.650 --> 00:05:27.660 align:start position:0% huge and that's concentrated in very 00:05:27.660 --> 00:05:30.170 align:start position:0% huge and that's concentrated in very specific<00:05:27.960> countries<00:05:28.440> so<00:05:29.039> we<00:05:29.220> have<00:05:29.400> 448 00:05:30.170 --> 00:05:30.180 align:start position:0% specific countries so we have 448 00:05:30.180 --> 00:05:32.629 align:start position:0% specific countries so we have 448 million<00:05:30.600> Africans<00:05:31.199> actually<00:05:31.919> registered<00:05:32.520> to 00:05:32.629 --> 00:05:32.639 align:start position:0% million Africans actually registered to 00:05:32.639 --> 00:05:36.170 align:start position:0% million Africans actually registered to use<00:05:32.759> mobile<00:05:33.060> money<00:05:33.479> but<00:05:34.199> only<00:05:34.560> 18<00:05:34.800> of<00:05:35.460> them<00:05:35.699> are 00:05:36.170 --> 00:05:36.180 align:start position:0% use mobile money but only 18 of them are 00:05:36.180 --> 00:05:38.629 align:start position:0% use mobile money but only 18 of them are active<00:05:36.539> on<00:05:36.720> a<00:05:36.900> monthly<00:05:37.139> basis<00:05:37.500> we<00:05:38.160> see<00:05:38.340> a<00:05:38.520> huge 00:05:38.629 --> 00:05:38.639 align:start position:0% active on a monthly basis we see a huge 00:05:38.639 --> 00:05:40.249 align:start position:0% active on a monthly basis we see a huge concentration<00:05:39.060> of<00:05:39.300> that<00:05:39.479> in<00:05:39.660> countries<00:05:40.020> like 00:05:40.249 --> 00:05:40.259 align:start position:0% concentration of that in countries like 00:05:40.259 --> 00:05:42.890 align:start position:0% concentration of that in countries like Kenya<00:05:40.740> where<00:05:41.280> more<00:05:41.520> than<00:05:41.639> 70<00:05:41.880> percent<00:05:42.300> of<00:05:42.780> the 00:05:42.890 --> 00:05:42.900 align:start position:0% Kenya where more than 70 percent of the 00:05:42.900 --> 00:05:46.070 align:start position:0% Kenya where more than 70 percent of the population<00:05:43.160> is<00:05:44.160> using<00:05:44.460> m-pesa<00:05:45.120> and<00:05:45.720> I<00:05:45.900> was 00:05:46.070 --> 00:05:46.080 align:start position:0% population is using m-pesa and I was 00:05:46.080 --> 00:05:48.650 align:start position:0% population is using m-pesa and I was quite<00:05:46.259> kind<00:05:46.620> of<00:05:46.800> confused<00:05:47.580> when<00:05:47.820> I<00:05:48.060> found<00:05:48.360> that 00:05:48.650 --> 00:05:48.660 align:start position:0% quite kind of confused when I found that 00:05:48.660 --> 00:05:51.170 align:start position:0% quite kind of confused when I found that there's<00:05:49.440> 250<00:05:50.039> billion<00:05:50.520> dollars<00:05:50.880> being 00:05:51.170 --> 00:05:51.180 align:start position:0% there's 250 billion dollars being 00:05:51.180 --> 00:05:54.469 align:start position:0% there's 250 billion dollars being transacted<00:05:51.960> through<00:05:52.440> m-pesa<00:05:53.340> in<00:05:53.699> Kenya<00:05:54.060> but 00:05:54.469 --> 00:05:54.479 align:start position:0% transacted through m-pesa in Kenya but 00:05:54.479 --> 00:05:56.510 align:start position:0% transacted through m-pesa in Kenya but the<00:05:54.660> GDP<00:05:55.020> of<00:05:55.199> the<00:05:55.320> country<00:05:55.440> is<00:05:55.680> only<00:05:55.860> 110 00:05:56.510 --> 00:05:56.520 align:start position:0% the GDP of the country is only 110 00:05:56.520 --> 00:05:59.150 align:start position:0% the GDP of the country is only 110 billion<00:05:56.880> so<00:05:57.419> it<00:05:57.600> kind<00:05:57.780> of<00:05:57.900> shows<00:05:58.199> you<00:05:58.259> how<00:05:58.979> the 00:05:59.150 --> 00:05:59.160 align:start position:0% billion so it kind of shows you how the 00:05:59.160 --> 00:06:01.249 align:start position:0% billion so it kind of shows you how the economy<00:05:59.580> is<00:05:59.639> very<00:05:59.880> Dynamic<00:06:00.419> and<00:06:00.780> a<00:06:01.139> little 00:06:01.249 --> 00:06:01.259 align:start position:0% economy is very Dynamic and a little 00:06:01.259 --> 00:06:03.830 align:start position:0% economy is very Dynamic and a little different<00:06:01.500> from<00:06:01.800> how<00:06:01.979> we<00:06:02.160> think<00:06:02.340> about<00:06:02.460> it 00:06:03.830 --> 00:06:03.840 align:start position:0% different from how we think about it 00:06:03.840 --> 00:06:05.810 align:start position:0% different from how we think about it crypto 00:06:05.810 --> 00:06:05.820 align:start position:0% crypto 00:06:05.820 --> 00:06:08.870 align:start position:0% crypto um we<00:06:06.419> have<00:06:06.660> last<00:06:07.199> last<00:06:07.560> year<00:06:07.800> 105<00:06:08.400> billion 00:06:08.870 --> 00:06:08.880 align:start position:0% um we have last last year 105 billion 00:06:08.880 --> 00:06:10.730 align:start position:0% um we have last last year 105 billion dollars<00:06:09.180> transacted<00:06:09.780> which<00:06:09.960> is<00:06:10.080> a<00:06:10.259> very<00:06:10.440> small 00:06:10.730 --> 00:06:10.740 align:start position:0% dollars transacted which is a very small 00:06:10.740 --> 00:06:13.610 align:start position:0% dollars transacted which is a very small amount<00:06:11.220> of<00:06:11.340> the<00:06:11.460> global<00:06:11.880> uh<00:06:12.780> uh<00:06:13.080> total<00:06:13.440> volume 00:06:13.610 --> 00:06:13.620 align:start position:0% amount of the global uh uh total volume 00:06:13.620 --> 00:06:15.290 align:start position:0% amount of the global uh uh total volume transacted<00:06:14.280> it<00:06:14.400> makes<00:06:14.580> about<00:06:14.759> two<00:06:15.060> percent 00:06:15.290 --> 00:06:15.300 align:start position:0% transacted it makes about two percent 00:06:15.300 --> 00:06:17.570 align:start position:0% transacted it makes about two percent but<00:06:16.020> we're<00:06:16.199> seeing<00:06:16.380> a<00:06:16.680> thousand<00:06:17.100> two<00:06:17.280> hundred 00:06:17.570 --> 00:06:17.580 align:start position:0% but we're seeing a thousand two hundred 00:06:17.580 --> 00:06:21.770 align:start position:0% but we're seeing a thousand two hundred percent<00:06:17.759> growth<00:06:18.840> and<00:06:19.620> kucoin<00:06:20.280> expects<00:06:20.780> 2500 00:06:21.770 --> 00:06:21.780 align:start position:0% percent growth and kucoin expects 2500 00:06:21.780 --> 00:06:24.770 align:start position:0% percent growth and kucoin expects 2500 growth<00:06:22.139> of<00:06:22.259> users<00:06:22.680> since<00:06:23.400> last<00:06:23.639> year<00:06:23.880> but<00:06:24.600> the 00:06:24.770 --> 00:06:24.780 align:start position:0% growth of users since last year but the 00:06:24.780 --> 00:06:26.450 align:start position:0% growth of users since last year but the interesting<00:06:25.080> bit<00:06:25.319> here<00:06:25.560> is<00:06:25.800> actually<00:06:26.039> the 00:06:26.450 --> 00:06:26.460 align:start position:0% interesting bit here is actually the 00:06:26.460 --> 00:06:29.450 align:start position:0% interesting bit here is actually the majority<00:06:26.940> of<00:06:27.180> it<00:06:27.300> 88<00:06:27.860> of<00:06:28.860> the<00:06:29.039> money<00:06:29.220> that's 00:06:29.450 --> 00:06:29.460 align:start position:0% majority of it 88 of the money that's 00:06:29.460 --> 00:06:32.270 align:start position:0% majority of it 88 of the money that's transacted<00:06:30.060> uh<00:06:30.960> is<00:06:31.199> for<00:06:31.500> cross-border 00:06:32.270 --> 00:06:32.280 align:start position:0% transacted uh is for cross-border 00:06:32.280 --> 00:06:35.029 align:start position:0% transacted uh is for cross-border transfers<00:06:32.780> and<00:06:33.780> a<00:06:33.960> lot<00:06:34.080> of<00:06:34.199> the<00:06:34.319> transfers<00:06:34.680> are 00:06:35.029 --> 00:06:35.039 align:start position:0% transfers and a lot of the transfers are 00:06:35.039 --> 00:06:37.249 align:start position:0% transfers and a lot of the transfers are happening<00:06:35.280> at<00:06:35.460> a<00:06:35.639> peer-to-peer<00:06:36.120> level 00:06:37.249 --> 00:06:37.259 align:start position:0% happening at a peer-to-peer level 00:06:37.259 --> 00:06:39.050 align:start position:0% happening at a peer-to-peer level um<00:06:37.380> and<00:06:37.800> under<00:06:38.220> one<00:06:38.580> thousand<00:06:38.880> dollar 00:06:39.050 --> 00:06:39.060 align:start position:0% um and under one thousand dollar 00:06:39.060 --> 00:06:41.450 align:start position:0% um and under one thousand dollar transaction<00:06:39.660> makes<00:06:40.199> up<00:06:40.440> a<00:06:40.800> huge<00:06:41.039> part<00:06:41.160> of<00:06:41.340> the 00:06:41.450 --> 00:06:41.460 align:start position:0% transaction makes up a huge part of the 00:06:41.460 --> 00:06:43.550 align:start position:0% transaction makes up a huge part of the volume<00:06:41.699> so<00:06:42.419> we're<00:06:42.600> seeing<00:06:42.780> a<00:06:43.080> lot<00:06:43.139> of<00:06:43.259> small 00:06:43.550 --> 00:06:43.560 align:start position:0% volume so we're seeing a lot of small 00:06:43.560 --> 00:06:46.730 align:start position:0% volume so we're seeing a lot of small retail<00:06:44.039> users<00:06:44.520> getting<00:06:45.240> into<00:06:45.419> crypto 00:06:46.730 --> 00:06:46.740 align:start position:0% retail users getting into crypto 00:06:46.740 --> 00:06:48.890 align:start position:0% retail users getting into crypto there's<00:06:47.340> a<00:06:47.580> new<00:06:47.759> exchange<00:06:48.120> that's<00:06:48.419> launching 00:06:48.890 --> 00:06:48.900 align:start position:0% there's a new exchange that's launching 00:06:48.900 --> 00:06:50.930 align:start position:0% there's a new exchange that's launching soon<00:06:49.080> and<00:06:49.620> they<00:06:50.039> haven't<00:06:50.160> even<00:06:50.400> launched<00:06:50.819> it 00:06:50.930 --> 00:06:50.940 align:start position:0% soon and they haven't even launched it 00:06:50.940 --> 00:06:52.670 align:start position:0% soon and they haven't even launched it it's<00:06:51.240> been<00:06:51.479> a<00:06:51.660> few<00:06:51.780> months<00:06:52.020> since<00:06:52.199> they<00:06:52.440> put 00:06:52.670 --> 00:06:52.680 align:start position:0% it's been a few months since they put 00:06:52.680 --> 00:06:54.830 align:start position:0% it's been a few months since they put this<00:06:52.860> out<00:06:53.039> but<00:06:53.520> they<00:06:53.699> already<00:06:53.880> have<00:06:54.120> 2.3 00:06:54.830 --> 00:06:54.840 align:start position:0% this out but they already have 2.3 00:06:54.840 --> 00:06:57.050 align:start position:0% this out but they already have 2.3 million<00:06:55.199> people<00:06:55.440> on<00:06:55.740> the<00:06:55.860> wait<00:06:55.979> list<00:06:56.280> for<00:06:56.880> the 00:06:57.050 --> 00:06:57.060 align:start position:0% million people on the wait list for the 00:06:57.060 --> 00:06:58.790 align:start position:0% million people on the wait list for the download<00:06:57.240> so<00:06:57.780> if<00:06:58.139> you're<00:06:58.259> thinking<00:06:58.620> about 00:06:58.790 --> 00:06:58.800 align:start position:0% download so if you're thinking about 00:06:58.800 --> 00:07:02.210 align:start position:0% download so if you're thinking about volume<00:06:59.699> of<00:07:00.120> people<00:07:00.360> getting<00:07:00.780> into<00:07:00.960> this<00:07:01.199> space 00:07:02.210 --> 00:07:02.220 align:start position:0% volume of people getting into this space 00:07:02.220 --> 00:07:03.710 align:start position:0% volume of people getting into this space there's<00:07:02.639> a<00:07:02.759> lot<00:07:02.880> of<00:07:03.000> that<00:07:03.180> happening<00:07:03.539> in 00:07:03.710 --> 00:07:03.720 align:start position:0% there's a lot of that happening in 00:07:03.720 --> 00:07:05.330 align:start position:0% there's a lot of that happening in Africa 00:07:05.330 --> 00:07:05.340 align:start position:0% Africa 00:07:05.340 --> 00:07:07.790 align:start position:0% Africa um<00:07:05.400> but<00:07:06.000> the<00:07:06.300> interesting<00:07:06.660> bit<00:07:06.840> is<00:07:07.259> the 00:07:07.790 --> 00:07:07.800 align:start position:0% um but the interesting bit is the 00:07:07.800 --> 00:07:09.469 align:start position:0% um but the interesting bit is the biggest<00:07:07.860> entry<00:07:08.400> point<00:07:08.580> and<00:07:08.819> the<00:07:09.000> biggest<00:07:09.120> part 00:07:09.469 --> 00:07:09.479 align:start position:0% biggest entry point and the biggest part 00:07:09.479 --> 00:07:11.270 align:start position:0% biggest entry point and the biggest part of<00:07:09.600> the<00:07:09.720> conversation<00:07:10.139> there<00:07:10.500> is<00:07:10.740> speculation 00:07:11.270 --> 00:07:11.280 align:start position:0% of the conversation there is speculation 00:07:11.280 --> 00:07:13.790 align:start position:0% of the conversation there is speculation and<00:07:11.639> gambling<00:07:12.060> and<00:07:12.960> there<00:07:13.139> are<00:07:13.319> big<00:07:13.440> events 00:07:13.790 --> 00:07:13.800 align:start position:0% and gambling and there are big events 00:07:13.800 --> 00:07:15.469 align:start position:0% and gambling and there are big events bigger<00:07:14.160> events<00:07:14.460> than<00:07:14.639> Defcon<00:07:15.060> that<00:07:15.360> are 00:07:15.469 --> 00:07:15.479 align:start position:0% bigger events than Defcon that are 00:07:15.479 --> 00:07:17.570 align:start position:0% bigger events than Defcon that are happening<00:07:15.780> very<00:07:16.080> regularly<00:07:16.560> to<00:07:17.220> get<00:07:17.340> people 00:07:17.570 --> 00:07:17.580 align:start position:0% happening very regularly to get people 00:07:17.580 --> 00:07:20.809 align:start position:0% happening very regularly to get people onboarded<00:07:18.300> but<00:07:18.840> it's<00:07:19.139> primarily<00:07:19.620> around<00:07:19.979> you 00:07:20.809 --> 00:07:20.819 align:start position:0% onboarded but it's primarily around you 00:07:20.819 --> 00:07:23.570 align:start position:0% onboarded but it's primarily around you know<00:07:20.880> trading<00:07:21.419> and<00:07:21.900> just<00:07:22.620> making<00:07:22.800> quick<00:07:23.099> bugs 00:07:23.570 --> 00:07:23.580 align:start position:0% know trading and just making quick bugs 00:07:23.580 --> 00:07:25.790 align:start position:0% know trading and just making quick bugs but<00:07:24.419> there's<00:07:24.599> a<00:07:24.780> huge<00:07:25.020> population<00:07:25.199> that's 00:07:25.790 --> 00:07:25.800 align:start position:0% but there's a huge population that's 00:07:25.800 --> 00:07:28.070 align:start position:0% but there's a huge population that's actually<00:07:26.099> curious<00:07:27.000> about<00:07:27.240> what<00:07:27.599> it<00:07:27.720> means<00:07:27.960> to 00:07:28.070 --> 00:07:28.080 align:start position:0% actually curious about what it means to 00:07:28.080 --> 00:07:30.589 align:start position:0% actually curious about what it means to work<00:07:28.259> in<00:07:28.440> this<00:07:28.620> space<00:07:28.940> a<00:07:29.940> couple<00:07:30.060> of<00:07:30.180> weeks<00:07:30.419> ago 00:07:30.589 --> 00:07:30.599 align:start position:0% work in this space a couple of weeks ago 00:07:30.599 --> 00:07:33.890 align:start position:0% work in this space a couple of weeks ago I<00:07:30.840> met<00:07:31.080> the<00:07:31.740> guy<00:07:31.860> who<00:07:32.400> leads<00:07:33.060> the<00:07:33.240> largest<00:07:33.599> Dev 00:07:33.890 --> 00:07:33.900 align:start position:0% I met the guy who leads the largest Dev 00:07:33.900 --> 00:07:36.290 align:start position:0% I met the guy who leads the largest Dev community<00:07:34.259> in<00:07:34.620> Kenya<00:07:35.039> and<00:07:35.520> he<00:07:35.639> said<00:07:35.819> basically 00:07:36.290 --> 00:07:36.300 align:start position:0% community in Kenya and he said basically 00:07:36.300 --> 00:07:38.390 align:start position:0% community in Kenya and he said basically his<00:07:36.900> entire<00:07:37.199> committee<00:07:37.620> is<00:07:37.740> really<00:07:38.039> curious 00:07:38.390 --> 00:07:38.400 align:start position:0% his entire committee is really curious 00:07:38.400 --> 00:07:40.189 align:start position:0% his entire committee is really curious about<00:07:38.580> this<00:07:38.880> space<00:07:39.120> but<00:07:39.660> they're<00:07:39.840> trying<00:07:40.080> to 00:07:40.189 --> 00:07:40.199 align:start position:0% about this space but they're trying to 00:07:40.199 --> 00:07:43.309 align:start position:0% about this space but they're trying to figure<00:07:40.380> out<00:07:40.680> what<00:07:41.160> the<00:07:41.280> hell<00:07:41.460> is<00:07:41.639> web<00:07:41.819> free 00:07:43.309 --> 00:07:43.319 align:start position:0% figure out what the hell is web free 00:07:43.319 --> 00:07:46.430 align:start position:0% figure out what the hell is web free so<00:07:44.220> why<00:07:44.759> are<00:07:44.940> with<00:07:45.180> all<00:07:45.300> of<00:07:45.479> these<00:07:45.660> aspects<00:07:46.080> why 00:07:46.430 --> 00:07:46.440 align:start position:0% so why are with all of these aspects why 00:07:46.440 --> 00:07:48.770 align:start position:0% so why are with all of these aspects why is<00:07:46.620> Africa<00:07:46.979> unique<00:07:47.400> from<00:07:47.699> everyone<00:07:48.000> else<00:07:48.360> like 00:07:48.770 --> 00:07:48.780 align:start position:0% is Africa unique from everyone else like 00:07:48.780 --> 00:07:51.890 align:start position:0% is Africa unique from everyone else like why<00:07:49.139> should<00:07:49.319> we<00:07:49.440> think<00:07:49.620> about<00:07:49.800> Africa<00:07:50.400> as<00:07:51.360> the 00:07:51.890 --> 00:07:51.900 align:start position:0% why should we think about Africa as the 00:07:51.900 --> 00:07:53.450 align:start position:0% why should we think about Africa as the main<00:07:52.020> thing<00:07:52.259> that<00:07:52.440> we're<00:07:52.620> three<00:07:52.919> needs<00:07:53.340> to 00:07:53.450 --> 00:07:53.460 align:start position:0% main thing that we're three needs to 00:07:53.460 --> 00:07:56.390 align:start position:0% main thing that we're three needs to achieve<00:07:53.819> its<00:07:54.060> full<00:07:54.180> potential<00:07:54.919> and<00:07:55.919> to<00:07:56.280> do 00:07:56.390 --> 00:07:56.400 align:start position:0% achieve its full potential and to do 00:07:56.400 --> 00:07:57.830 align:start position:0% achieve its full potential and to do that<00:07:56.580> I<00:07:56.940> think<00:07:57.060> we<00:07:57.419> really<00:07:57.539> need<00:07:57.720> to 00:07:57.830 --> 00:07:57.840 align:start position:0% that I think we really need to 00:07:57.840 --> 00:08:00.890 align:start position:0% that I think we really need to understand<00:07:58.400> why<00:07:59.400> the<00:07:59.639> current<00:07:59.819> Paradigm<00:08:00.539> is 00:08:00.890 --> 00:08:00.900 align:start position:0% understand why the current Paradigm is 00:08:00.900 --> 00:08:03.290 align:start position:0% understand why the current Paradigm is not<00:08:01.080> working<00:08:01.319> for<00:08:01.680> Africans<00:08:02.160> if<00:08:02.819> you<00:08:02.940> see<00:08:03.120> the 00:08:03.290 --> 00:08:03.300 align:start position:0% not working for Africans if you see the 00:08:03.300 --> 00:08:05.809 align:start position:0% not working for Africans if you see the world<00:08:03.479> as<00:08:03.780> a<00:08:03.960> food<00:08:04.080> chain<00:08:04.400> Africa<00:08:05.400> is<00:08:05.520> really 00:08:05.809 --> 00:08:05.819 align:start position:0% world as a food chain Africa is really 00:08:05.819 --> 00:08:08.270 align:start position:0% world as a food chain Africa is really at<00:08:06.060> the<00:08:06.180> bottom<00:08:06.360> of<00:08:06.539> that<00:08:06.660> food<00:08:06.900> chain<00:08:07.139> and<00:08:08.039> the 00:08:08.270 --> 00:08:08.280 align:start position:0% at the bottom of that food chain and the 00:08:08.280 --> 00:08:10.430 align:start position:0% at the bottom of that food chain and the current<00:08:08.460> geopolitical<00:08:09.240> economic<00:08:10.020> structures 00:08:10.430 --> 00:08:10.440 align:start position:0% current geopolitical economic structures 00:08:10.440 --> 00:08:13.969 align:start position:0% current geopolitical economic structures lock<00:08:11.220> the<00:08:11.520> continent<00:08:11.940> in<00:08:12.360> that<00:08:12.539> position<00:08:12.979> and 00:08:13.969 --> 00:08:13.979 align:start position:0% lock the continent in that position and 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place of emancipation is through web3<00:08:22.020> let<00:08:22.560> me<00:08:22.680> give<00:08:22.800> you<00:08:22.919> a<00:08:23.039> few<00:08:23.220> examples<00:08:23.639> of 00:08:24.110 --> 00:08:24.120 align:start position:0% web3 let me give you a few examples of 00:08:24.120 --> 00:08:26.150 align:start position:0% web3 let me give you a few examples of why<00:08:24.479> this<00:08:25.020> current<00:08:25.199> Paradigm<00:08:25.680> is<00:08:25.800> not<00:08:25.979> working 00:08:26.150 --> 00:08:26.160 align:start position:0% why this current Paradigm is not working 00:08:26.160 --> 00:08:28.909 align:start position:0% why this current Paradigm is not working first<00:08:27.120> we<00:08:27.840> actually<00:08:28.020> don't<00:08:28.319> control<00:08:28.560> our 00:08:28.909 --> 00:08:28.919 align:start position:0% first we actually don't control our 00:08:28.919 --> 00:08:32.029 align:start position:0% first we actually don't control our money<00:08:29.580> 40<00:08:30.240> out<00:08:30.599> of<00:08:30.780> 54<00:08:31.139> African<00:08:31.620> countries 00:08:32.029 --> 00:08:32.039 align:start position:0% money 40 out of 54 African countries 00:08:32.039 --> 00:08:35.089 align:start position:0% money 40 out of 54 African countries prints<00:08:32.940> the<00:08:33.120> money<00:08:33.300> overseas<00:08:33.899> it<00:08:34.620> is<00:08:34.800> England 00:08:35.089 --> 00:08:35.099 align:start position:0% prints the money overseas it is England 00:08:35.099 --> 00:08:36.949 align:start position:0% prints the money overseas it is England Germany<00:08:35.700> and<00:08:35.880> France<00:08:36.120> that<00:08:36.300> do<00:08:36.479> most<00:08:36.719> of<00:08:36.839> it 00:08:36.949 --> 00:08:36.959 align:start position:0% Germany and France that do most of it 00:08:36.959 --> 00:08:40.209 align:start position:0% Germany and France that do most of it and<00:08:37.440> they<00:08:37.620> say<00:08:37.860> six<00:08:38.339> percent<00:08:38.580> of<00:08:39.419> the<00:08:39.659> entire 00:08:40.209 --> 00:08:40.219 align:start position:0% and they say six percent of the entire 00:08:40.219 --> 00:08:43.010 align:start position:0% and they say six percent of the entire currency<00:08:41.219> that's<00:08:41.520> been<00:08:41.760> printed 00:08:43.010 --> 00:08:43.020 align:start position:0% currency that's been printed 00:08:43.020 --> 00:08:45.350 align:start position:0% currency that's been printed um<00:08:43.080> as<00:08:43.860> a<00:08:44.099> fee<00:08:44.339> and<00:08:44.760> there<00:08:45.000> are<00:08:45.120> a<00:08:45.180> lot<00:08:45.240> of 00:08:45.350 --> 00:08:45.360 align:start position:0% um as a fee and there are a lot of 00:08:45.360 --> 00:08:47.329 align:start position:0% um as a fee and there are a lot of stories<00:08:45.660> about<00:08:45.899> money<00:08:46.620> being<00:08:46.860> lost<00:08:47.100> in 00:08:47.329 --> 00:08:47.339 align:start position:0% stories about money being lost in 00:08:47.339 --> 00:08:49.370 align:start position:0% stories about money being lost in shipments<00:08:47.940> and<00:08:48.060> all<00:08:48.240> of<00:08:48.360> that 00:08:49.370 --> 00:08:49.380 align:start position:0% shipments and all of that 00:08:49.380 --> 00:08:50.090 align:start position:0% shipments and all of that um 00:08:50.090 --> 00:08:50.100 align:start position:0% um 00:08:50.100 --> 00:08:51.949 align:start position:0% um that's<00:08:50.640> not<00:08:50.820> only<00:08:51.000> the<00:08:51.240> part<00:08:51.420> of<00:08:51.600> the<00:08:51.720> equation 00:08:51.949 --> 00:08:51.959 align:start position:0% that's not only the part of the equation 00:08:51.959 --> 00:08:55.750 align:start position:0% that's not only the part of the equation so<00:08:52.680> in<00:08:53.040> 2011<00:08:53.700> the<00:08:54.540> United<00:08:54.660> Kingdom<00:08:55.200> actually 00:08:55.750 --> 00:08:55.760 align:start position:0% so in 2011 the United Kingdom actually 00:08:55.760 --> 00:08:58.850 align:start position:0% so in 2011 the United Kingdom actually withheld<00:08:56.760> about<00:08:57.000> a<00:08:57.300> billion<00:08:57.779> pounds<00:08:58.440> of<00:08:58.620> money 00:08:58.850 --> 00:08:58.860 align:start position:0% withheld about a billion pounds of money 00:08:58.860 --> 00:09:00.829 align:start position:0% withheld about a billion pounds of money that<00:08:59.160> was<00:08:59.279> supposed<00:08:59.459> to<00:08:59.640> be<00:08:59.820> shipped<00:09:00.240> to<00:09:00.420> Libya 00:09:00.829 --> 00:09:00.839 align:start position:0% that was supposed to be shipped to Libya 00:09:00.839 --> 00:09:03.470 align:start position:0% that was supposed to be shipped to Libya for<00:09:01.440> political<00:09:01.800> reasons<00:09:02.279> so<00:09:03.000> once<00:09:03.360> that 00:09:03.470 --> 00:09:03.480 align:start position:0% for political reasons so once that 00:09:03.480 --> 00:09:05.210 align:start position:0% for political reasons so once that president<00:09:03.720> has<00:09:04.019> been<00:09:04.200> said<00:09:04.440> you<00:09:05.040> actually 00:09:05.210 --> 00:09:05.220 align:start position:0% president has been said you actually 00:09:05.220 --> 00:09:07.490 align:start position:0% president has been said you actually don't<00:09:05.820> control<00:09:06.240> your<00:09:06.779> money 00:09:07.490 --> 00:09:07.500 align:start position:0% don't control your money 00:09:07.500 --> 00:09:10.009 align:start position:0% don't control your money the<00:09:08.160> other<00:09:08.279> interesting<00:09:09.000> thing<00:09:09.300> that<00:09:09.720> I've 00:09:10.009 --> 00:09:10.019 align:start position:0% the other interesting thing that I've 00:09:10.019 --> 00:09:11.630 align:start position:0% the other interesting thing that I've been<00:09:10.200> learning<00:09:10.440> is<00:09:10.620> that<00:09:10.860> 14<00:09:11.100> African 00:09:11.630 --> 00:09:11.640 align:start position:0% been learning is that 14 African 00:09:11.640 --> 00:09:13.250 align:start position:0% been learning is that 14 African countries<00:09:12.000> are<00:09:12.300> part<00:09:12.480> of<00:09:12.660> this<00:09:12.779> thing<00:09:13.019> called 00:09:13.250 --> 00:09:13.260 align:start position:0% countries are part of this thing called 00:09:13.260 --> 00:09:15.889 align:start position:0% countries are part of this thing called the<00:09:13.440> CFA<00:09:13.980> it<00:09:14.760> still<00:09:14.940> stands<00:09:15.240> it's<00:09:15.480> called<00:09:15.720> the 00:09:15.889 --> 00:09:15.899 align:start position:0% the CFA it still stands it's called the 00:09:15.899 --> 00:09:18.050 align:start position:0% the CFA it still stands it's called the French<00:09:16.080> colonies<00:09:16.560> of<00:09:16.800> Africa<00:09:17.160> where<00:09:17.760> they 00:09:18.050 --> 00:09:18.060 align:start position:0% French colonies of Africa where they 00:09:18.060 --> 00:09:21.949 align:start position:0% French colonies of Africa where they basically<00:09:18.420> created<00:09:18.959> a<00:09:19.519> euro-pegged<00:09:20.519> currency 00:09:21.949 --> 00:09:21.959 align:start position:0% basically created a euro-pegged currency 00:09:21.959 --> 00:09:24.230 align:start position:0% basically created a euro-pegged currency um<00:09:22.080> and<00:09:22.380> in<00:09:22.560> order<00:09:22.740> to<00:09:22.980> use<00:09:23.220> that<00:09:23.519> in<00:09:23.880> parallel 00:09:24.230 --> 00:09:24.240 align:start position:0% um and in order to use that in parallel 00:09:24.240 --> 00:09:26.090 align:start position:0% um and in order to use that in parallel with<00:09:24.360> the<00:09:24.540> local<00:09:24.660> currencies<00:09:25.200> they<00:09:25.800> have<00:09:25.980> to 00:09:26.090 --> 00:09:26.100 align:start position:0% with the local currencies they have to 00:09:26.100 --> 00:09:29.269 align:start position:0% with the local currencies they have to deposit<00:09:26.700> 50<00:09:27.000> percent<00:09:27.360> of<00:09:28.080> their<00:09:28.260> reserves<00:09:28.740> in 00:09:29.269 --> 00:09:29.279 align:start position:0% deposit 50 percent of their reserves in 00:09:29.279 --> 00:09:31.430 align:start position:0% deposit 50 percent of their reserves in French<00:09:29.459> treasuries 00:09:31.430 --> 00:09:31.440 align:start position:0% French treasuries 00:09:31.440 --> 00:09:34.009 align:start position:0% French treasuries um<00:09:31.560> and<00:09:32.279> what<00:09:32.700> that<00:09:32.820> also<00:09:33.120> means<00:09:33.420> is<00:09:33.720> basically 00:09:34.009 --> 00:09:34.019 align:start position:0% um and what that also means is basically 00:09:34.019 --> 00:09:35.810 align:start position:0% um and what that also means is basically there's<00:09:34.260> been<00:09:34.440> devaluations<00:09:35.100> that<00:09:35.580> have 00:09:35.810 --> 00:09:35.820 align:start position:0% there's been devaluations that have 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this<00:09:42.959> countries<00:09:43.320> basically<00:09:44.040> don't<00:09:44.339> control 00:09:44.570 --> 00:09:44.580 align:start position:0% this countries basically don't control 00:09:44.580 --> 00:09:47.210 align:start position:0% this countries basically don't control their<00:09:45.060> money<00:09:45.660> how<00:09:46.140> many<00:09:46.320> of<00:09:46.440> us<00:09:46.620> have<00:09:46.800> heard<00:09:46.980> of 00:09:47.210 --> 00:09:47.220 align:start position:0% their money how many of us have heard of 00:09:47.220 --> 00:09:49.970 align:start position:0% their money how many of us have heard of the<00:09:47.519> Central<00:09:47.640> African<00:09:48.240> Republic<00:09:48.680> that<00:09:49.680> made 00:09:49.970 --> 00:09:49.980 align:start position:0% the Central African Republic that made 00:09:49.980 --> 00:09:53.690 align:start position:0% the Central African Republic that made Bitcoin<00:09:50.640> part<00:09:51.360> of<00:09:51.660> a<00:09:52.200> legal<00:09:52.620> tender 00:09:53.690 --> 00:09:53.700 align:start position:0% Bitcoin part of a legal tender 00:09:53.700 --> 00:09:56.150 align:start position:0% Bitcoin part of a legal tender that<00:09:54.240> was<00:09:54.360> an<00:09:54.540> act<00:09:54.660> of<00:09:54.899> desperation<00:09:55.380> basically 00:09:56.150 --> 00:09:56.160 align:start position:0% that was an act of desperation basically 00:09:56.160 --> 00:09:58.070 align:start position:0% that was an act of desperation basically saying<00:09:56.459> hey<00:09:56.580> if<00:09:56.940> we<00:09:57.120> don't<00:09:57.240> control<00:09:57.480> our<00:09:57.899> money 00:09:58.070 --> 00:09:58.080 align:start position:0% saying hey if we don't control our money 00:09:58.080 --> 00:10:00.350 align:start position:0% saying hey if we don't control our money we<00:09:58.560> have<00:09:58.740> nothing<00:09:58.920> to<00:09:59.220> lose 00:10:00.350 --> 00:10:00.360 align:start position:0% we have nothing to lose 00:10:00.360 --> 00:10:03.050 align:start position:0% we have nothing to lose global<00:10:00.959> trade<00:10:01.260> is<00:10:01.620> very<00:10:01.860> expensive<00:10:02.459> and 00:10:03.050 --> 00:10:03.060 align:start position:0% global trade is very expensive and 00:10:03.060 --> 00:10:05.269 align:start position:0% global trade is very expensive and pretty<00:10:03.360> much<00:10:03.540> impossible<00:10:04.200> this<00:10:04.980> huge 00:10:05.269 --> 00:10:05.279 align:start position:0% pretty much impossible this huge 00:10:05.279 --> 00:10:07.009 align:start position:0% pretty much impossible this huge currency<00:10:05.580> devaluation<00:10:06.240> in<00:10:06.420> many<00:10:06.600> African 00:10:07.009 --> 00:10:07.019 align:start position:0% currency devaluation in many African 00:10:07.019 --> 00:10:09.170 align:start position:0% currency devaluation in many African countries<00:10:07.380> and<00:10:08.040> there's<00:10:08.279> chronic<00:10:08.760> Forex 00:10:09.170 --> 00:10:09.180 align:start position:0% countries and there's chronic Forex 00:10:09.180 --> 00:10:11.509 align:start position:0% countries and there's chronic Forex shortage<00:10:09.899> just<00:10:10.680> to<00:10:10.860> give<00:10:10.980> you<00:10:11.100> an<00:10:11.220> example 00:10:11.509 --> 00:10:11.519 align:start position:0% shortage just to give you an example 00:10:11.519 --> 00:10:13.970 align:start position:0% shortage just to give you an example just<00:10:11.880> in<00:10:12.060> Nigeria<00:10:12.600> and<00:10:12.660> Ethiopia<00:10:13.200> in<00:10:13.560> Nigeria 00:10:13.970 --> 00:10:13.980 align:start position:0% just in Nigeria and Ethiopia in Nigeria 00:10:13.980 --> 00:10:16.850 align:start position:0% just in Nigeria and Ethiopia in Nigeria there's<00:10:14.160> 500<00:10:14.640> a<00:10:15.060> month<00:10:15.240> limit<00:10:15.600> of<00:10:16.500> how<00:10:16.740> many 00:10:16.850 --> 00:10:16.860 align:start position:0% there's 500 a month limit of how many 00:10:16.860 --> 00:10:19.250 align:start position:0% there's 500 a month limit of how many dollars<00:10:17.339> you<00:10:17.640> can<00:10:17.820> get<00:10:18.180> out<00:10:18.360> on<00:10:18.899> a<00:10:19.019> monthly 00:10:19.250 --> 00:10:19.260 align:start position:0% dollars you can get out on a monthly 00:10:19.260 --> 00:10:22.190 align:start position:0% dollars you can get out on a monthly basis<00:10:19.620> in<00:10:20.399> Ethiopia<00:10:20.820> you<00:10:21.060> have<00:10:21.240> to<00:10:21.480> sign<00:10:21.720> up<00:10:21.899> on 00:10:22.190 --> 00:10:22.200 align:start position:0% basis in Ethiopia you have to sign up on 00:10:22.200 --> 00:10:24.710 align:start position:0% basis in Ethiopia you have to sign up on a<00:10:22.380> line<00:10:22.560> and<00:10:23.220> wait<00:10:23.399> up<00:10:23.640> to<00:10:23.760> six<00:10:24.000> months<00:10:24.360> just<00:10:24.540> to 00:10:24.710 --> 00:10:24.720 align:start position:0% a line and wait up to six months just to 00:10:24.720 --> 00:10:26.930 align:start position:0% a line and wait up to six months just to get<00:10:24.899> dollars<00:10:25.380> out<00:10:25.560> if<00:10:26.220> you're<00:10:26.339> doing<00:10:26.519> a<00:10:26.760> small 00:10:26.930 --> 00:10:26.940 align:start position:0% get dollars out if you're doing a small 00:10:26.940 --> 00:10:29.030 align:start position:0% get dollars out if you're doing a small business<00:10:27.180> how<00:10:27.839> on<00:10:28.080> Earth<00:10:28.260> can<00:10:28.620> you<00:10:28.800> actually 00:10:29.030 --> 00:10:29.040 align:start position:0% business how on Earth can you actually 00:10:29.040 --> 00:10:32.389 align:start position:0% business how on Earth can you actually import<00:10:29.399> export<00:10:30.060> do<00:10:30.959> basic<00:10:31.380> things<00:10:31.680> if<00:10:32.279> you 00:10:32.389 --> 00:10:32.399 align:start position:0% import export do basic things if you 00:10:32.399 --> 00:10:34.070 align:start position:0% import export do basic things if you don't<00:10:32.519> have<00:10:32.640> access<00:10:33.000> to<00:10:33.300> dollars<00:10:33.779> in<00:10:33.899> trade 00:10:34.070 --> 00:10:34.080 align:start position:0% don't have access to dollars in trade 00:10:34.080 --> 00:10:36.050 align:start position:0% don't have access to dollars in trade with<00:10:34.260> the<00:10:34.440> rest<00:10:34.500> of<00:10:34.680> the<00:10:34.800> world 00:10:36.050 --> 00:10:36.060 align:start position:0% with the rest of the world 00:10:36.060 --> 00:10:38.870 align:start position:0% with the rest of the world that<00:10:36.779> image<00:10:37.140> I<00:10:37.500> took<00:10:37.680> it<00:10:37.800> last<00:10:38.040> week 00:10:38.870 --> 00:10:38.880 align:start position:0% that image I took it last week 00:10:38.880 --> 00:10:41.090 align:start position:0% that image I took it last week um<00:10:38.940> I<00:10:39.360> was<00:10:39.480> in<00:10:39.600> Lagos<00:10:39.959> Nigeria<00:10:40.440> and<00:10:40.620> I<00:10:40.800> tried<00:10:40.920> to 00:10:41.090 --> 00:10:41.100 align:start position:0% um I was in Lagos Nigeria and I tried to 00:10:41.100 --> 00:10:43.070 align:start position:0% um I was in Lagos Nigeria and I tried to change<00:10:41.220> a<00:10:41.459> hundred<00:10:41.700> dollar<00:10:41.820> bill<00:10:42.120> and<00:10:42.899> that 00:10:43.070 --> 00:10:43.080 align:start position:0% change a hundred dollar bill and that 00:10:43.080 --> 00:10:46.370 align:start position:0% change a hundred dollar bill and that was<00:10:43.260> the<00:10:43.500> stack<00:10:43.800> of<00:10:44.399> uh<00:10:45.060> Nigerian<00:10:45.779> naira<00:10:46.200> that 00:10:46.370 --> 00:10:46.380 align:start position:0% was the stack of uh Nigerian naira that 00:10:46.380 --> 00:10:48.230 align:start position:0% was the stack of uh Nigerian naira that we<00:10:46.560> received<00:10:46.980> and<00:10:47.399> so<00:10:47.519> yeah<00:10:47.760> you're<00:10:48.060> walking 00:10:48.230 --> 00:10:48.240 align:start position:0% we received and so yeah you're walking 00:10:48.240 --> 00:10:50.150 align:start position:0% we received and so yeah you're walking around<00:10:48.420> the<00:10:48.720> Bulge<00:10:49.079> pocket 00:10:50.150 --> 00:10:50.160 align:start position:0% around the Bulge pocket 00:10:50.160 --> 00:10:52.670 align:start position:0% around the Bulge pocket um<00:10:50.220> of<00:10:50.459> a<00:10:50.579> lot<00:10:50.700> of<00:10:50.820> dollar<00:10:50.940> bills 00:10:52.670 --> 00:10:52.680 align:start position:0% um of a lot of dollar bills 00:10:52.680 --> 00:10:55.430 align:start position:0% um of a lot of dollar bills close<00:10:53.100> to<00:10:53.279> 10<00:10:53.459> percent<00:10:53.760> uh<00:10:54.660> we<00:10:54.839> pay<00:10:55.019> about<00:10:55.200> 10 00:10:55.430 --> 00:10:55.440 align:start position:0% close to 10 percent uh we pay about 10 00:10:55.440 --> 00:10:57.769 align:start position:0% close to 10 percent uh we pay about 10 Bank<00:10:55.980> fees<00:10:56.339> to<00:10:56.519> transfer<00:10:56.880> any<00:10:57.120> money<00:10:57.360> in<00:10:57.660> and 00:10:57.769 --> 00:10:57.779 align:start position:0% Bank fees to transfer any money in and 00:10:57.779 --> 00:11:01.009 align:start position:0% Bank fees to transfer any money in and out<00:10:57.959> of<00:10:58.260> the<00:10:58.500> continent<00:10:58.920> and<00:10:59.880> sadly<00:11:00.360> as<00:11:00.839> a 00:11:01.009 --> 00:11:01.019 align:start position:0% out of the continent and sadly as a 00:11:01.019 --> 00:11:03.050 align:start position:0% out of the continent and sadly as a continent<00:11:01.380> only<00:11:01.680> 15<00:11:01.980> percent<00:11:02.339> of<00:11:02.579> our<00:11:02.700> trade 00:11:03.050 --> 00:11:03.060 align:start position:0% continent only 15 percent of our trade 00:11:03.060 --> 00:11:05.690 align:start position:0% continent only 15 percent of our trade is<00:11:03.240> within<00:11:03.660> ourselves<00:11:04.260> the<00:11:04.920> rest<00:11:05.160> is<00:11:05.399> with<00:11:05.579> the 00:11:05.690 --> 00:11:05.700 align:start position:0% is within ourselves the rest is with the 00:11:05.700 --> 00:11:07.490 align:start position:0% is within ourselves the rest is with the rest<00:11:05.820> of<00:11:06.000> the<00:11:06.120> world<00:11:06.300> and<00:11:06.899> that's<00:11:07.079> a<00:11:07.260> lot<00:11:07.380> of 00:11:07.490 --> 00:11:07.500 align:start position:0% rest of the world and that's a lot of 00:11:07.500 --> 00:11:10.009 align:start position:0% rest of the world and that's a lot of like<00:11:07.740> trade<00:11:08.100> issues<00:11:08.459> and<00:11:08.640> all<00:11:08.820> of<00:11:08.940> that<00:11:09.060> and<00:11:09.779> we 00:11:10.009 --> 00:11:10.019 align:start position:0% like trade issues and all of that and we 00:11:10.019 --> 00:11:11.810 align:start position:0% like trade issues and all of that and we spent<00:11:10.200> about<00:11:10.380> five<00:11:10.680> to<00:11:10.860> ten<00:11:11.100> billion<00:11:11.459> dollars 00:11:11.810 --> 00:11:11.820 align:start position:0% spent about five to ten billion dollars 00:11:11.820 --> 00:11:15.650 align:start position:0% spent about five to ten billion dollars in<00:11:12.300> Swift<00:11:12.540> fees<00:11:13.019> which<00:11:13.560> is<00:11:13.680> massive<00:11:14.240> and<00:11:15.240> many 00:11:15.650 --> 00:11:15.660 align:start position:0% in Swift fees which is massive and many 00:11:15.660 --> 00:11:17.449 align:start position:0% in Swift fees which is massive and many people<00:11:15.839> are<00:11:16.079> locked<00:11:16.380> out<00:11:16.440> of<00:11:16.560> web<00:11:16.740> to<00:11:16.980> economy 00:11:17.449 --> 00:11:17.459 align:start position:0% people are locked out of web to economy 00:11:17.459 --> 00:11:18.710 align:start position:0% people are locked out of web to economy because<00:11:17.700> they<00:11:17.940> don't<00:11:18.060> have<00:11:18.180> a<00:11:18.360> credit<00:11:18.480> card 00:11:18.710 --> 00:11:18.720 align:start position:0% because they don't have a credit card 00:11:18.720 --> 00:11:20.690 align:start position:0% because they don't have a credit card when<00:11:19.440> I<00:11:19.620> was<00:11:19.680> in<00:11:19.860> Ethiopia<00:11:20.220> applying<00:11:20.640> for 00:11:20.690 --> 00:11:20.700 align:start position:0% when I was in Ethiopia applying for 00:11:20.700 --> 00:11:22.190 align:start position:0% when I was in Ethiopia applying for college<00:11:20.940> I<00:11:21.180> had<00:11:21.360> to<00:11:21.480> borrow<00:11:21.660> a<00:11:21.839> credit<00:11:21.959> card 00:11:22.190 --> 00:11:22.200 align:start position:0% college I had to borrow a credit card 00:11:22.200 --> 00:11:23.690 align:start position:0% college I had to borrow a credit card from<00:11:22.440> people<00:11:22.680> to<00:11:22.980> actually<00:11:23.160> submit 00:11:23.690 --> 00:11:23.700 align:start position:0% from people to actually submit 00:11:23.700 --> 00:11:26.150 align:start position:0% from people to actually submit applications<00:11:24.480> and<00:11:25.320> so<00:11:25.500> many<00:11:25.620> people<00:11:25.800> still 00:11:26.150 --> 00:11:26.160 align:start position:0% applications and so many people still 00:11:26.160 --> 00:11:27.889 align:start position:0% applications and so many people still don't<00:11:26.339> have<00:11:26.640> international<00:11:26.880> credit<00:11:27.420> cards 00:11:27.889 --> 00:11:27.899 align:start position:0% don't have international credit cards 00:11:27.899 --> 00:11:30.110 align:start position:0% don't have international credit cards and<00:11:28.440> because<00:11:28.680> of<00:11:28.860> that<00:11:29.040> now<00:11:29.279> the<00:11:29.640> world<00:11:29.760> will 00:11:30.110 --> 00:11:30.120 align:start position:0% and because of that now the world will 00:11:30.120 --> 00:11:32.630 align:start position:0% and because of that now the world will not<00:11:30.300> take<00:11:30.540> African<00:11:31.079> money<00:11:31.260> bequil<00:11:32.160> cannot 00:11:32.630 --> 00:11:32.640 align:start position:0% not take African money bequil cannot 00:11:32.640 --> 00:11:34.370 align:start position:0% not take African money bequil cannot participate<00:11:33.180> in<00:11:33.300> the<00:11:33.420> global<00:11:33.720> economy<00:11:34.140> that 00:11:34.370 --> 00:11:34.380 align:start position:0% participate in the global economy that 00:11:34.380 --> 00:11:35.449 align:start position:0% participate in the global economy that way 00:11:35.449 --> 00:11:35.459 align:start position:0% way 00:11:35.459 --> 00:11:37.250 align:start position:0% way the<00:11:36.000> world<00:11:36.180> is<00:11:36.360> gathered<00:11:36.660> for<00:11:36.839> Africans 00:11:37.250 --> 00:11:37.260 align:start position:0% the world is gathered for Africans 00:11:37.260 --> 00:11:39.530 align:start position:0% the world is gathered for Africans borders<00:11:37.800> are<00:11:37.980> closed<00:11:38.399> for<00:11:38.519> Africans<00:11:39.000> there's 00:11:39.530 --> 00:11:39.540 align:start position:0% borders are closed for Africans there's 00:11:39.540 --> 00:11:41.090 align:start position:0% borders are closed for Africans there's supposed<00:11:39.779> to<00:11:39.899> be<00:11:40.019> so<00:11:40.260> many<00:11:40.380> Builders<00:11:40.800> there 00:11:41.090 --> 00:11:41.100 align:start position:0% supposed to be so many Builders there 00:11:41.100 --> 00:11:42.530 align:start position:0% supposed to be so many Builders there was<00:11:41.220> there<00:11:41.640> were<00:11:41.760> planned<00:11:42.000> to<00:11:42.060> be<00:11:42.180> here<00:11:42.300> they 00:11:42.530 --> 00:11:42.540 align:start position:0% was there were planned to be here they 00:11:42.540 --> 00:11:44.690 align:start position:0% was there were planned to be here they couldn't<00:11:42.720> get<00:11:42.899> visas<00:11:43.320> to<00:11:43.500> be<00:11:43.620> here 00:11:44.690 --> 00:11:44.700 align:start position:0% couldn't get visas to be here 00:11:44.700 --> 00:11:46.550 align:start position:0% couldn't get visas to be here um<00:11:44.760> African<00:11:45.420> passports<00:11:45.899> are<00:11:46.019> the<00:11:46.200> worst<00:11:46.380> in 00:11:46.550 --> 00:11:46.560 align:start position:0% um African passports are the worst in 00:11:46.560 --> 00:11:49.190 align:start position:0% um African passports are the worst in the<00:11:46.680> world<00:11:46.800> to<00:11:47.100> carry<00:11:47.339> around<00:11:47.459> when<00:11:48.420> I<00:11:48.600> was 00:11:49.190 --> 00:11:49.200 align:start position:0% the world to carry around when I was 00:11:49.200 --> 00:11:50.630 align:start position:0% the world to carry around when I was traveling<00:11:49.800> around<00:11:49.920> in<00:11:50.160> my<00:11:50.279> Ethiopian 00:11:50.630 --> 00:11:50.640 align:start position:0% traveling around in my Ethiopian 00:11:50.640 --> 00:11:52.550 align:start position:0% traveling around in my Ethiopian passport<00:11:51.060> I<00:11:51.360> used<00:11:51.480> to<00:11:51.600> wear<00:11:51.720> a<00:11:51.959> big<00:11:52.079> cross<00:11:52.260> on 00:11:52.550 --> 00:11:52.560 align:start position:0% passport I used to wear a big cross on 00:11:52.560 --> 00:11:54.769 align:start position:0% passport I used to wear a big cross on my<00:11:52.680> neck<00:11:52.920> just<00:11:53.640> so<00:11:53.820> that<00:11:54.060> border<00:11:54.600> control 00:11:54.769 --> 00:11:54.779 align:start position:0% my neck just so that border control 00:11:54.779 --> 00:11:56.750 align:start position:0% my neck just so that border control doesn't<00:11:55.200> confuse<00:11:55.680> me<00:11:55.860> with<00:11:56.220> the<00:11:56.339> terrorist 00:11:56.750 --> 00:11:56.760 align:start position:0% doesn't confuse me with the terrorist 00:11:56.760 --> 00:11:59.509 align:start position:0% doesn't confuse me with the terrorist and<00:11:57.480> you<00:11:57.660> talk<00:11:57.839> to<00:11:58.019> many<00:11:58.260> Africans<00:11:58.860> who<00:11:59.339> are 00:11:59.509 --> 00:11:59.519 align:start position:0% and you talk to many Africans who are 00:11:59.519 --> 00:12:01.069 align:start position:0% and you talk to many Africans who are traveling<00:11:59.760> around<00:11:59.940> the<00:12:00.180> world<00:12:00.300> there's<00:12:00.839> this 00:12:01.069 --> 00:12:01.079 align:start position:0% traveling around the world there's this 00:12:01.079 --> 00:12:03.530 align:start position:0% traveling around the world there's this thing<00:12:01.260> called<00:12:01.500> immigrant<00:12:02.160> anxiety<00:12:02.700> that's 00:12:03.530 --> 00:12:03.540 align:start position:0% thing called immigrant anxiety that's 00:12:03.540 --> 00:12:04.970 align:start position:0% thing called immigrant anxiety that's because<00:12:03.839> for<00:12:04.200> whatever<00:12:04.380> reason<00:12:04.680> doesn't 00:12:04.970 --> 00:12:04.980 align:start position:0% because for whatever reason doesn't 00:12:04.980 --> 00:12:07.069 align:start position:0% because for whatever reason doesn't matter<00:12:05.220> who<00:12:05.459> you<00:12:05.519> are<00:12:05.700> what<00:12:05.880> you're<00:12:06.000> doing<00:12:06.180> the 00:12:07.069 --> 00:12:07.079 align:start position:0% matter who you are what you're doing the 00:12:07.079 --> 00:12:08.930 align:start position:0% matter who you are what you're doing the world<00:12:07.200> is<00:12:07.440> shut<00:12:07.680> for<00:12:08.040> you 00:12:08.930 --> 00:12:08.940 align:start position:0% world is shut for you 00:12:08.940 --> 00:12:11.090 align:start position:0% world is shut for you many<00:12:09.600> Africans<00:12:10.019> make<00:12:10.320> the<00:12:10.500> bottom<00:12:10.800> of<00:12:10.920> the 00:12:11.090 --> 00:12:11.100 align:start position:0% many Africans make the bottom of the 00:12:11.100 --> 00:12:13.490 align:start position:0% many Africans make the bottom of the list<00:12:11.279> in<00:12:11.880> applications<00:12:12.480> job<00:12:12.899> applications 00:12:13.490 --> 00:12:13.500 align:start position:0% list in applications job applications 00:12:13.500 --> 00:12:15.710 align:start position:0% list in applications job applications and<00:12:13.860> all<00:12:13.980> of<00:12:14.100> that<00:12:14.220> is<00:12:14.760> the<00:12:15.000> least<00:12:15.180> trusted 00:12:15.710 --> 00:12:15.720 align:start position:0% and all of that is the least trusted 00:12:15.720 --> 00:12:18.769 align:start position:0% and all of that is the least trusted population<00:12:16.140> for<00:12:16.740> employment<00:12:17.240> and<00:12:18.240> Africans 00:12:18.769 --> 00:12:18.779 align:start position:0% population for employment and Africans 00:12:18.779 --> 00:12:21.470 align:start position:0% population for employment and Africans make<00:12:19.019> the<00:12:19.260> least<00:12:19.380> money<00:12:19.740> in<00:12:20.160> technology<00:12:20.579> and 00:12:21.470 --> 00:12:21.480 align:start position:0% make the least money in technology and 00:12:21.480 --> 00:12:23.030 align:start position:0% make the least money in technology and I'm<00:12:21.660> a<00:12:21.839> little<00:12:21.899> sad<00:12:22.140> to<00:12:22.380> see<00:12:22.560> that<00:12:22.740> also 00:12:23.030 --> 00:12:23.040 align:start position:0% I'm a little sad to see that also 00:12:23.040 --> 00:12:25.310 align:start position:0% I'm a little sad to see that also happening<00:12:23.339> in<00:12:23.519> web<00:12:23.640> 3<00:12:23.940> where<00:12:24.660> dozens<00:12:25.140> of 00:12:25.310 --> 00:12:25.320 align:start position:0% happening in web 3 where dozens of 00:12:25.320 --> 00:12:26.750 align:start position:0% happening in web 3 where dozens of builders<00:12:25.740> that<00:12:25.920> I've<00:12:26.040> been<00:12:26.220> speaking<00:12:26.519> with 00:12:26.750 --> 00:12:26.760 align:start position:0% builders that I've been speaking with 00:12:26.760 --> 00:12:28.850 align:start position:0% builders that I've been speaking with they're<00:12:27.240> earning<00:12:27.600> about<00:12:27.720> fifteen<00:12:28.320> to<00:12:28.500> forty 00:12:28.850 --> 00:12:28.860 align:start position:0% they're earning about fifteen to forty 00:12:28.860 --> 00:12:31.130 align:start position:0% they're earning about fifteen to forty thousand<00:12:29.160> dollars<00:12:29.459> a<00:12:29.700> year<00:12:29.899> compared<00:12:30.899> to 00:12:31.130 --> 00:12:31.140 align:start position:0% thousand dollars a year compared to 00:12:31.140 --> 00:12:33.290 align:start position:0% thousand dollars a year compared to Global<00:12:31.500> counterparts<00:12:32.279> for<00:12:32.700> doing<00:12:32.940> the<00:12:33.180> same 00:12:33.290 --> 00:12:33.300 align:start position:0% Global counterparts for doing the same 00:12:33.300 --> 00:12:35.090 align:start position:0% Global counterparts for doing the same work<00:12:33.540> or<00:12:33.720> earning<00:12:34.140> a<00:12:34.260> lot<00:12:34.380> more<00:12:34.500> for<00:12:34.800> the<00:12:34.980> same 00:12:35.090 --> 00:12:35.100 align:start position:0% work or earning a lot more for the same 00:12:35.100 --> 00:12:37.250 align:start position:0% work or earning a lot more for the same work<00:12:35.339> so<00:12:35.820> I<00:12:36.540> think<00:12:36.660> that's<00:12:36.839> something<00:12:36.959> we've 00:12:37.250 --> 00:12:37.260 align:start position:0% work so I think that's something we've 00:12:37.260 --> 00:12:38.630 align:start position:0% work so I think that's something we've got<00:12:37.380> to<00:12:37.500> change 00:12:38.630 --> 00:12:38.640 align:start position:0% got to change 00:12:38.640 --> 00:12:40.550 align:start position:0% got to change now<00:12:39.180> there<00:12:39.360> are<00:12:39.540> being<00:12:39.660> small<00:12:39.899> steps<00:12:40.320> to 00:12:40.550 --> 00:12:40.560 align:start position:0% now there are being small steps to 00:12:40.560 --> 00:12:42.350 align:start position:0% now there are being small steps to improve<00:12:40.920> this<00:12:41.100> Paradigm<00:12:41.640> there's<00:12:42.120> a 00:12:42.350 --> 00:12:42.360 align:start position:0% improve this Paradigm there's a 00:12:42.360 --> 00:12:44.569 align:start position:0% improve this Paradigm there's a pan-african<00:12:42.959> single<00:12:43.260> trade<00:12:43.620> zone<00:12:44.279> that's 00:12:44.569 --> 00:12:44.579 align:start position:0% pan-african single trade zone that's 00:12:44.579 --> 00:12:46.910 align:start position:0% pan-african single trade zone that's developing<00:12:45.260> their<00:12:46.260> internal<00:12:46.680> Payment 00:12:46.910 --> 00:12:46.920 align:start position:0% developing their internal Payment 00:12:46.920 --> 00:12:49.430 align:start position:0% developing their internal Payment Systems<00:12:47.519> banks<00:12:48.000> are<00:12:48.180> creating<00:12:48.540> in<00:12:49.019> order<00:12:49.200> to 00:12:49.430 --> 00:12:49.440 align:start position:0% Systems banks are creating in order to 00:12:49.440 --> 00:12:51.230 align:start position:0% Systems banks are creating in order to reduce<00:12:49.680> dependence<00:12:50.279> on<00:12:50.519> foreign<00:12:50.880> currencies 00:12:51.230 --> 00:12:51.240 align:start position:0% reduce dependence on foreign currencies 00:12:51.240 --> 00:12:54.170 align:start position:0% reduce dependence on foreign currencies and<00:12:51.959> their<00:12:52.139> cbdc<00:12:52.800> is<00:12:52.920> growing<00:12:53.220> like<00:12:53.399> in<00:12:53.639> naira 00:12:54.170 --> 00:12:54.180 align:start position:0% and their cbdc is growing like in naira 00:12:54.180 --> 00:12:57.410 align:start position:0% and their cbdc is growing like in naira but<00:12:54.660> these<00:12:54.899> are<00:12:55.019> very<00:12:55.320> small<00:12:55.560> steps<00:12:56.519> now<00:12:57.120> my 00:12:57.410 --> 00:12:57.420 align:start position:0% but these are very small steps now my 00:12:57.420 --> 00:12:59.569 align:start position:0% but these are very small steps now my biggest<00:12:57.540> issue<00:12:57.959> with<00:12:58.139> some<00:12:58.260> of<00:12:58.440> this<00:12:58.560> is<00:12:58.860> that 00:12:59.569 --> 00:12:59.579 align:start position:0% biggest issue with some of this is that 00:12:59.579 --> 00:13:03.470 align:start position:0% biggest issue with some of this is that even<00:13:00.180> though<00:13:00.480> we're<00:13:00.720> trying<00:13:00.959> here<00:13:01.380> that 00:13:03.470 --> 00:13:03.480 align:start position:0% even though we're trying here that 00:13:03.480 --> 00:13:05.930 align:start position:0% even though we're trying here that we're<00:13:04.019> not<00:13:04.200> the<00:13:04.800> institutions<00:13:05.399> are<00:13:05.700> not 00:13:05.930 --> 00:13:05.940 align:start position:0% we're not the institutions are not 00:13:05.940 --> 00:13:08.150 align:start position:0% we're not the institutions are not really<00:13:06.180> set<00:13:06.480> up<00:13:06.660> to<00:13:07.079> meet<00:13:07.200> the<00:13:07.500> needs<00:13:07.800> of<00:13:07.980> the 00:13:08.150 --> 00:13:08.160 align:start position:0% really set up to meet the needs of the 00:13:08.160 --> 00:13:09.949 align:start position:0% really set up to meet the needs of the young<00:13:08.279> people<00:13:08.519> you<00:13:09.060> go<00:13:09.240> and<00:13:09.360> meet<00:13:09.600> a<00:13:09.779> lot<00:13:09.839> of 00:13:09.949 --> 00:13:09.959 align:start position:0% young people you go and meet a lot of 00:13:09.959 --> 00:13:11.329 align:start position:0% young people you go and meet a lot of young<00:13:10.079> people<00:13:10.260> they're<00:13:10.560> very<00:13:10.800> hungry<00:13:11.100> they're 00:13:11.329 --> 00:13:11.339 align:start position:0% young people they're very hungry they're 00:13:11.339 --> 00:13:13.190 align:start position:0% young people they're very hungry they're driven<00:13:11.639> they<00:13:12.060> want<00:13:12.240> to<00:13:12.420> thrive<00:13:12.839> they<00:13:13.079> don't 00:13:13.190 --> 00:13:13.200 align:start position:0% driven they want to thrive they don't 00:13:13.200 --> 00:13:15.110 align:start position:0% driven they want to thrive they don't want<00:13:13.320> to<00:13:13.440> just<00:13:13.560> survive<00:13:14.040> they<00:13:14.519> want<00:13:14.700> to<00:13:14.820> have<00:13:14.940> a 00:13:15.110 --> 00:13:15.120 align:start position:0% want to just survive they want to have a 00:13:15.120 --> 00:13:16.850 align:start position:0% want to just survive they want to have a piece<00:13:15.360> of<00:13:15.480> this<00:13:15.660> world<00:13:15.899> just<00:13:16.260> like<00:13:16.440> the<00:13:16.740> rest 00:13:16.850 --> 00:13:16.860 align:start position:0% piece of this world just like the rest 00:13:16.860 --> 00:13:19.310 align:start position:0% piece of this world just like the rest of<00:13:17.040> us<00:13:17.160> they<00:13:17.700> want<00:13:17.880> to<00:13:18.060> do<00:13:18.300> real<00:13:18.779> things<00:13:19.019> they 00:13:19.310 --> 00:13:19.320 align:start position:0% of us they want to do real things they 00:13:19.320 --> 00:13:20.569 align:start position:0% of us they want to do real things they want<00:13:19.500> to<00:13:19.620> maximize<00:13:20.100> their<00:13:20.279> creative 00:13:20.569 --> 00:13:20.579 align:start position:0% want to maximize their creative 00:13:20.579 --> 00:13:23.269 align:start position:0% want to maximize their creative potential<00:13:21.060> and<00:13:21.720> basically<00:13:22.079> institutions<00:13:22.800> as 00:13:23.269 --> 00:13:23.279 align:start position:0% potential and basically institutions as 00:13:23.279 --> 00:13:25.910 align:start position:0% potential and basically institutions as we<00:13:23.399> know<00:13:23.639> them<00:13:23.880> are<00:13:24.540> not<00:13:24.779> set<00:13:25.019> up<00:13:25.200> to<00:13:25.440> meet<00:13:25.620> that 00:13:25.910 --> 00:13:25.920 align:start position:0% we know them are not set up to meet that 00:13:25.920 --> 00:13:27.110 align:start position:0% we know them are not set up to meet that need 00:13:27.110 --> 00:13:27.120 align:start position:0% need 00:13:27.120 --> 00:13:29.150 align:start position:0% need so<00:13:27.779> what<00:13:27.959> do<00:13:28.139> we<00:13:28.320> do 00:13:29.150 --> 00:13:29.160 align:start position:0% so what do we do 00:13:29.160 --> 00:13:31.430 align:start position:0% so what do we do well<00:13:29.760> in<00:13:30.000> order<00:13:30.120> to<00:13:30.300> instead<00:13:30.959> of<00:13:31.079> just<00:13:31.260> trying 00:13:31.430 --> 00:13:31.440 align:start position:0% well in order to instead of just trying 00:13:31.440 --> 00:13:33.889 align:start position:0% well in order to instead of just trying to<00:13:31.620> fix<00:13:31.920> this<00:13:32.279> Paradigm<00:13:32.700> from<00:13:32.820> within 00:13:33.889 --> 00:13:33.899 align:start position:0% to fix this Paradigm from within 00:13:33.899 --> 00:13:36.530 align:start position:0% to fix this Paradigm from within the<00:13:34.440> answer<00:13:34.560> to<00:13:34.860> me<00:13:34.980> is<00:13:35.160> transcending<00:13:36.060> the 00:13:36.530 --> 00:13:36.540 align:start position:0% the answer to me is transcending the 00:13:36.540 --> 00:13:38.449 align:start position:0% the answer to me is transcending the current<00:13:36.660> paradigm 00:13:38.449 --> 00:13:38.459 align:start position:0% current paradigm 00:13:38.459 --> 00:13:41.329 align:start position:0% current paradigm and<00:13:39.240> part<00:13:39.600> of<00:13:39.779> that<00:13:39.959> is<00:13:40.320> building<00:13:40.620> what<00:13:41.220> I 00:13:41.329 --> 00:13:41.339 align:start position:0% and part of that is building what I 00:13:41.339 --> 00:13:44.030 align:start position:0% and part of that is building what I believe<00:13:41.459> to<00:13:41.760> be<00:13:41.940> a<00:13:42.060> borderless<00:13:42.620> economy<00:13:43.620> in<00:13:43.860> a 00:13:44.030 --> 00:13:44.040 align:start position:0% believe to be a borderless economy in a 00:13:44.040 --> 00:13:45.710 align:start position:0% believe to be a borderless economy in a borderless<00:13:44.399> society 00:13:45.710 --> 00:13:45.720 align:start position:0% borderless society 00:13:45.720 --> 00:13:48.050 align:start position:0% borderless society to<00:13:46.079> me<00:13:46.200> what<00:13:46.380> that<00:13:46.560> means<00:13:46.860> is<00:13:47.100> actually 00:13:48.050 --> 00:13:48.060 align:start position:0% to me what that means is actually 00:13:48.060 --> 00:13:51.650 align:start position:0% to me what that means is actually emancipation<00:13:49.019> path<00:13:49.860> to<00:13:49.980> self-determination 00:13:51.650 --> 00:13:51.660 align:start position:0% emancipation path to self-determination 00:13:51.660 --> 00:13:54.170 align:start position:0% emancipation path to self-determination and<00:13:52.440> when<00:13:52.860> I<00:13:53.040> talked<00:13:53.339> to<00:13:53.399> a<00:13:53.820> lot<00:13:53.880> of<00:13:54.000> young 00:13:54.170 --> 00:13:54.180 align:start position:0% and when I talked to a lot of young 00:13:54.180 --> 00:13:56.269 align:start position:0% and when I talked to a lot of young people<00:13:54.420> on<00:13:54.660> the<00:13:54.839> continent<00:13:55.200> they<00:13:55.680> say<00:13:55.920> wait<00:13:56.100> a 00:13:56.269 --> 00:13:56.279 align:start position:0% people on the continent they say wait a 00:13:56.279 --> 00:13:58.069 align:start position:0% people on the continent they say wait a minute<00:13:56.339> you<00:13:56.820> can<00:13:56.940> participate<00:13:57.420> in<00:13:57.660> a<00:13:57.779> global 00:13:58.069 --> 00:13:58.079 align:start position:0% minute you can participate in a global 00:13:58.079 --> 00:13:59.990 align:start position:0% minute you can participate in a global economy<00:13:58.500> no<00:13:58.740> one<00:13:58.920> really<00:13:59.100> cares<00:13:59.459> who<00:13:59.639> you<00:13:59.820> are 00:13:59.990 --> 00:14:00.000 align:start position:0% economy no one really cares who you are 00:14:00.000 --> 00:14:02.329 align:start position:0% economy no one really cares who you are where<00:14:00.300> you're<00:14:00.480> from<00:14:00.720> you<00:14:01.560> can<00:14:01.620> work<00:14:01.860> you<00:14:02.220> can 00:14:02.329 --> 00:14:02.339 align:start position:0% where you're from you can work you can 00:14:02.339 --> 00:14:04.370 align:start position:0% where you're from you can work you can earn<00:14:02.639> Global<00:14:03.000> income<00:14:03.360> by<00:14:03.720> paying<00:14:04.200> local 00:14:04.370 --> 00:14:04.380 align:start position:0% earn Global income by paying local 00:14:04.380 --> 00:14:06.889 align:start position:0% earn Global income by paying local salary<00:14:04.760> you<00:14:05.760> can<00:14:05.880> collaborate<00:14:06.480> with<00:14:06.660> people 00:14:06.889 --> 00:14:06.899 align:start position:0% salary you can collaborate with people 00:14:06.899 --> 00:14:09.470 align:start position:0% salary you can collaborate with people from<00:14:07.200> all<00:14:07.380> over<00:14:07.560> the<00:14:07.740> world<00:14:07.940> you<00:14:08.940> can<00:14:09.060> build 00:14:09.470 --> 00:14:09.480 align:start position:0% from all over the world you can build 00:14:09.480 --> 00:14:12.110 align:start position:0% from all over the world you can build communities<00:14:10.019> you<00:14:10.920> can<00:14:11.100> own<00:14:11.579> part<00:14:11.820> of<00:14:12.000> the 00:14:12.110 --> 00:14:12.120 align:start position:0% communities you can own part of the 00:14:12.120 --> 00:14:14.569 align:start position:0% communities you can own part of the internet<00:14:12.300> you<00:14:13.079> can<00:14:13.200> have<00:14:13.560> part<00:14:14.040> of<00:14:14.220> this<00:14:14.339> space 00:14:14.569 --> 00:14:14.579 align:start position:0% internet you can have part of this space 00:14:14.579 --> 00:14:16.970 align:start position:0% internet you can have part of this space and<00:14:15.120> actually<00:14:15.300> build<00:14:15.660> tools<00:14:16.139> and<00:14:16.260> protocols 00:14:16.970 --> 00:14:16.980 align:start position:0% and actually build tools and protocols 00:14:16.980 --> 00:14:18.949 align:start position:0% and actually build tools and protocols to<00:14:17.639> build<00:14:17.820> the<00:14:18.060> future<00:14:18.240> economic 00:14:18.949 --> 00:14:18.959 align:start position:0% to build the future economic 00:14:18.959 --> 00:14:20.269 align:start position:0% to build the future economic infrastructure<00:14:19.560> of<00:14:19.740> your<00:14:19.920> continent 00:14:20.269 --> 00:14:20.279 align:start position:0% infrastructure of your continent 00:14:20.279 --> 00:14:23.629 align:start position:0% infrastructure of your continent people's<00:14:21.060> eyes<00:14:21.360> light<00:14:21.779> up<00:14:22.500> because<00:14:23.160> this 00:14:23.629 --> 00:14:23.639 align:start position:0% people's eyes light up because this 00:14:23.639 --> 00:14:26.569 align:start position:0% people's eyes light up because this means<00:14:24.000> freedom<00:14:24.600> this<00:14:25.260> means<00:14:25.620> moving<00:14:26.160> out<00:14:26.399> of 00:14:26.569 --> 00:14:26.579 align:start position:0% means freedom this means moving out of 00:14:26.579 --> 00:14:28.430 align:start position:0% means freedom this means moving out of the<00:14:26.820> con<00:14:27.060> suppressing<00:14:27.600> infrastructure<00:14:28.260> that 00:14:28.430 --> 00:14:28.440 align:start position:0% the con suppressing infrastructure that 00:14:28.440 --> 00:14:30.170 align:start position:0% the con suppressing infrastructure that we<00:14:28.620> have<00:14:28.740> there 00:14:30.170 --> 00:14:30.180 align:start position:0% we have there 00:14:30.180 --> 00:14:32.870 align:start position:0% we have there so<00:14:30.540> I<00:14:30.600> want<00:14:30.720> to<00:14:30.839> give<00:14:30.959> you<00:14:31.079> a<00:14:31.320> few<00:14:31.440> examples<00:14:32.040> of 00:14:32.870 --> 00:14:32.880 align:start position:0% so I want to give you a few examples of 00:14:32.880 --> 00:14:34.670 align:start position:0% so I want to give you a few examples of what<00:14:33.240> this<00:14:33.360> borderless<00:14:33.779> economy<00:14:34.260> could<00:14:34.500> look 00:14:34.670 --> 00:14:34.680 align:start position:0% what this borderless economy could look 00:14:34.680 --> 00:14:37.550 align:start position:0% what this borderless economy could look like<00:14:34.860> one<00:14:35.579> of<00:14:35.700> the<00:14:35.820> areas<00:14:36.180> is<00:14:36.360> Talent 00:14:37.550 --> 00:14:37.560 align:start position:0% like one of the areas is Talent 00:14:37.560 --> 00:14:39.470 align:start position:0% like one of the areas is Talent I'll<00:14:37.920> give<00:14:38.100> you<00:14:38.160> a<00:14:38.339> few<00:14:38.459> stories<00:14:38.940> and<00:14:39.120> examples 00:14:39.470 --> 00:14:39.480 align:start position:0% I'll give you a few stories and examples 00:14:39.480 --> 00:14:41.569 align:start position:0% I'll give you a few stories and examples of<00:14:39.660> people<00:14:39.899> I've<00:14:40.139> been<00:14:40.320> meeting<00:14:40.500> recently<00:14:40.980> one 00:14:41.569 --> 00:14:41.579 align:start position:0% of people I've been meeting recently one 00:14:41.579 --> 00:14:45.590 align:start position:0% of people I've been meeting recently one of<00:14:41.760> them<00:14:41.820> is<00:14:42.000> Ken<00:14:42.300> he's<00:14:42.899> a<00:14:43.199> student<00:14:43.380> at<00:14:44.600> Lagos 00:14:45.590 --> 00:14:45.600 align:start position:0% of them is Ken he's a student at Lagos 00:14:45.600 --> 00:14:49.670 align:start position:0% of them is Ken he's a student at Lagos University<00:14:46.079> the<00:14:46.980> school<00:14:47.160> has<00:14:47.519> been<00:14:47.760> in<00:14:48.680> huge 00:14:49.670 --> 00:14:49.680 align:start position:0% University the school has been in huge 00:14:49.680 --> 00:14:52.550 align:start position:0% University the school has been in huge strikes<00:14:50.040> so<00:14:50.279> far<00:14:50.459> and<00:14:51.060> he<00:14:51.240> got<00:14:51.420> into<00:14:51.660> crypto 00:14:52.550 --> 00:14:52.560 align:start position:0% strikes so far and he got into crypto 00:14:52.560 --> 00:14:54.350 align:start position:0% strikes so far and he got into crypto through<00:14:52.920> the<00:14:53.160> blockchain<00:14:53.519> association<00:14:54.120> in 00:14:54.350 --> 00:14:54.360 align:start position:0% through the blockchain association in 00:14:54.360 --> 00:14:56.329 align:start position:0% through the blockchain association in the<00:14:54.480> university<00:14:54.660> and<00:14:55.620> then<00:14:55.800> he<00:14:56.040> kind<00:14:56.220> of 00:14:56.329 --> 00:14:56.339 align:start position:0% the university and then he kind of 00:14:56.339 --> 00:14:58.250 align:start position:0% the university and then he kind of started<00:14:56.699> figuring<00:14:57.060> the<00:14:57.180> space<00:14:57.360> out<00:14:57.660> in<00:14:57.899> within 00:14:58.250 --> 00:14:58.260 align:start position:0% started figuring the space out in within 00:14:58.260 --> 00:15:01.009 align:start position:0% started figuring the space out in within one<00:14:58.440> year<00:14:58.620> he<00:14:59.220> learned<00:14:59.459> about<00:14:59.639> defy<00:15:00.360> All<00:15:00.899> The 00:15:01.009 --> 00:15:01.019 align:start position:0% one year he learned about defy All The 00:15:01.019 --> 00:15:02.750 align:start position:0% one year he learned about defy All The Primitives<00:15:01.560> and<00:15:01.920> really<00:15:02.100> started<00:15:02.519> getting 00:15:02.750 --> 00:15:02.760 align:start position:0% Primitives and really started getting 00:15:02.760 --> 00:15:04.730 align:start position:0% Primitives and really started getting involved<00:15:03.180> in<00:15:03.240> a<00:15:03.360> lot<00:15:03.480> of<00:15:03.600> protocols<00:15:04.079> and<00:15:04.620> now 00:15:04.730 --> 00:15:04.740 align:start position:0% involved in a lot of protocols and now 00:15:04.740 --> 00:15:07.910 align:start position:0% involved in a lot of protocols and now he's<00:15:04.980> part<00:15:05.339> of<00:15:05.579> uh<00:15:06.180> top<00:15:06.480> Mira<00:15:07.079> governance<00:15:07.440> Dao 00:15:07.910 --> 00:15:07.920 align:start position:0% he's part of uh top Mira governance Dao 00:15:07.920 --> 00:15:09.889 align:start position:0% he's part of uh top Mira governance Dao and<00:15:08.220> we're<00:15:08.339> collaborating<00:15:08.820> and<00:15:09.420> he's<00:15:09.540> one<00:15:09.839> of 00:15:09.889 --> 00:15:09.899 align:start position:0% and we're collaborating and he's one of 00:15:09.899 --> 00:15:11.449 align:start position:0% and we're collaborating and he's one of the<00:15:10.019> best<00:15:10.199> performers<00:15:10.680> that<00:15:10.920> we<00:15:11.040> have<00:15:11.160> in<00:15:11.339> the 00:15:11.449 --> 00:15:11.459 align:start position:0% the best performers that we have in the 00:15:11.459 --> 00:15:13.910 align:start position:0% the best performers that we have in the Dow<00:15:11.699> and<00:15:12.540> there<00:15:12.720> was<00:15:12.839> no<00:15:13.019> one<00:15:13.139> who<00:15:13.440> held<00:15:13.800> his 00:15:13.910 --> 00:15:13.920 align:start position:0% Dow and there was no one who held his 00:15:13.920 --> 00:15:15.829 align:start position:0% Dow and there was no one who held his hand<00:15:14.160> in<00:15:14.699> learning<00:15:15.000> about<00:15:15.120> this<00:15:15.420> whole<00:15:15.600> space 00:15:15.829 --> 00:15:15.839 align:start position:0% hand in learning about this whole space 00:15:15.839 --> 00:15:16.970 align:start position:0% hand in learning about this whole space from<00:15:16.139> scratch 00:15:16.970 --> 00:15:16.980 align:start position:0% from scratch 00:15:16.980 --> 00:15:18.949 align:start position:0% from scratch another<00:15:17.459> person<00:15:17.820> is<00:15:18.060> Victor<00:15:18.300> who<00:15:18.660> I<00:15:18.839> met 00:15:18.949 --> 00:15:18.959 align:start position:0% another person is Victor who I met 00:15:18.959 --> 00:15:21.290 align:start position:0% another person is Victor who I met recently<00:15:19.380> as<00:15:19.560> well<00:15:19.740> from<00:15:20.100> Kenya<00:15:20.639> he's<00:15:21.120> an 00:15:21.290 --> 00:15:21.300 align:start position:0% recently as well from Kenya he's an 00:15:21.300 --> 00:15:23.990 align:start position:0% recently as well from Kenya he's an architect<00:15:21.720> and<00:15:21.959> he<00:15:22.320> discovered<00:15:22.860> crypto<00:15:23.339> just 00:15:23.990 --> 00:15:24.000 align:start position:0% architect and he discovered crypto just 00:15:24.000 --> 00:15:25.730 align:start position:0% architect and he discovered crypto just speculation<00:15:24.600> and<00:15:24.839> then<00:15:25.019> he<00:15:25.139> said<00:15:25.320> wait<00:15:25.560> a 00:15:25.730 --> 00:15:25.740 align:start position:0% speculation and then he said wait a 00:15:25.740 --> 00:15:27.530 align:start position:0% speculation and then he said wait a minute<00:15:25.860> if<00:15:26.339> I'm<00:15:26.459> trying<00:15:26.639> to<00:15:26.760> build<00:15:27.000> a<00:15:27.240> career 00:15:27.530 --> 00:15:27.540 align:start position:0% minute if I'm trying to build a career 00:15:27.540 --> 00:15:30.170 align:start position:0% minute if I'm trying to build a career in<00:15:27.959> architecture<00:15:28.560> it's<00:15:29.339> going<00:15:29.519> to<00:15:29.639> take<00:15:29.760> me<00:15:29.940> 20 00:15:30.170 --> 00:15:30.180 align:start position:0% in architecture it's going to take me 20 00:15:30.180 --> 00:15:32.269 align:start position:0% in architecture it's going to take me 20 plus<00:15:30.480> years<00:15:30.779> to<00:15:31.199> even<00:15:31.320> get<00:15:31.740> to<00:15:31.860> somewhere 00:15:32.269 --> 00:15:32.279 align:start position:0% plus years to even get to somewhere 00:15:32.279 --> 00:15:35.449 align:start position:0% plus years to even get to somewhere decent<00:15:32.760> what<00:15:33.660> about<00:15:33.839> teaching<00:15:34.440> myself<00:15:34.680> the 00:15:35.449 --> 00:15:35.459 align:start position:0% decent what about teaching myself the 00:15:35.459 --> 00:15:37.310 align:start position:0% decent what about teaching myself the rails<00:15:35.820> of<00:15:35.940> crypto<00:15:36.360> and<00:15:36.839> then<00:15:36.959> he<00:15:37.139> taught 00:15:37.310 --> 00:15:37.320 align:start position:0% rails of crypto and then he taught 00:15:37.320 --> 00:15:39.530 align:start position:0% rails of crypto and then he taught himself<00:15:37.680> solidity<00:15:38.279> on<00:15:38.579> YouTube<00:15:38.760> again 00:15:39.530 --> 00:15:39.540 align:start position:0% himself solidity on YouTube again 00:15:39.540 --> 00:15:42.470 align:start position:0% himself solidity on YouTube again without<00:15:39.899> anyone<00:15:40.500> holding<00:15:41.100> his<00:15:41.220> hand<00:15:41.480> and 00:15:42.470 --> 00:15:42.480 align:start position:0% without anyone holding his hand and 00:15:42.480 --> 00:15:44.389 align:start position:0% without anyone holding his hand and figured<00:15:42.899> his<00:15:43.019> way<00:15:43.199> around<00:15:43.500> a<00:15:43.860> lot<00:15:43.980> of<00:15:44.040> D5 00:15:44.389 --> 00:15:44.399 align:start position:0% figured his way around a lot of D5 00:15:44.399 --> 00:15:47.150 align:start position:0% figured his way around a lot of D5 protocols<00:15:45.060> and<00:15:45.360> dials<00:15:45.899> and<00:15:46.380> now<00:15:46.560> he's<00:15:46.740> doing 00:15:47.150 --> 00:15:47.160 align:start position:0% protocols and dials and now he's doing 00:15:47.160 --> 00:15:49.370 align:start position:0% protocols and dials and now he's doing smart<00:15:47.820> contracts 00:15:49.370 --> 00:15:49.380 align:start position:0% smart contracts 00:15:49.380 --> 00:15:50.990 align:start position:0% smart contracts um he's<00:15:49.980> working<00:15:50.160> on<00:15:50.399> Smart<00:15:50.579> contract 00:15:50.990 --> 00:15:51.000 align:start position:0% um he's working on Smart contract 00:15:51.000 --> 00:15:55.069 align:start position:0% um he's working on Smart contract solutions<00:15:51.420> for<00:15:52.260> uh<00:15:52.740> uh<00:15:53.220> a<00:15:54.060> major<00:15:54.180> D5<00:15:54.660> protocol 00:15:55.069 --> 00:15:55.079 align:start position:0% solutions for uh uh a major D5 protocol 00:15:55.079 --> 00:15:57.350 align:start position:0% solutions for uh uh a major D5 protocol and<00:15:55.740> he's<00:15:55.860> doing<00:15:56.100> all<00:15:56.339> of<00:15:56.519> that<00:15:56.639> anonymously 00:15:57.350 --> 00:15:57.360 align:start position:0% and he's doing all of that anonymously 00:15:57.360 --> 00:16:00.350 align:start position:0% and he's doing all of that anonymously so<00:15:57.839> no<00:15:58.079> one<00:15:58.260> even<00:15:58.440> knows<00:15:58.860> he's<00:15:59.040> a<00:15:59.279> Kenyan<00:15:59.579> guy 00:16:00.350 --> 00:16:00.360 align:start position:0% so no one even knows he's a Kenyan guy 00:16:00.360 --> 00:16:02.569 align:start position:0% so no one even knows he's a Kenyan guy there's<00:16:00.959> a<00:16:01.139> lady<00:16:01.260> called<00:16:01.560> Sherry<00:16:01.800> she's<00:16:02.279> a 00:16:02.569 --> 00:16:02.579 align:start position:0% there's a lady called Sherry she's a 00:16:02.579 --> 00:16:05.090 align:start position:0% there's a lady called Sherry she's a photographer<00:16:03.240> in<00:16:03.420> Kenya<00:16:03.779> as<00:16:03.959> well<00:16:04.139> and<00:16:04.920> she's 00:16:05.090 --> 00:16:05.100 align:start position:0% photographer in Kenya as well and she's 00:16:05.100 --> 00:16:07.009 align:start position:0% photographer in Kenya as well and she's been<00:16:05.399> struggling<00:16:05.820> to<00:16:06.060> feed<00:16:06.240> herself<00:16:06.660> and<00:16:06.839> look 00:16:07.009 --> 00:16:07.019 align:start position:0% been struggling to feed herself and look 00:16:07.019 --> 00:16:09.290 align:start position:0% been struggling to feed herself and look after<00:16:07.199> herself<00:16:07.680> and<00:16:08.339> she<00:16:08.579> discovered<00:16:08.940> nft 00:16:09.290 --> 00:16:09.300 align:start position:0% after herself and she discovered nft 00:16:09.300 --> 00:16:11.449 align:start position:0% after herself and she discovered nft space<00:16:09.660> she<00:16:10.199> locked<00:16:10.500> herself<00:16:10.740> up<00:16:10.920> in<00:16:11.160> her<00:16:11.339> room 00:16:11.449 --> 00:16:11.459 align:start position:0% space she locked herself up in her room 00:16:11.459 --> 00:16:13.370 align:start position:0% space she locked herself up in her room learned<00:16:12.240> the<00:16:12.360> whole<00:16:12.480> space<00:16:12.720> in<00:16:12.959> three<00:16:13.139> days 00:16:13.370 --> 00:16:13.380 align:start position:0% learned the whole space in three days 00:16:13.380 --> 00:16:15.650 align:start position:0% learned the whole space in three days started<00:16:14.100> minting<00:16:14.459> nfts<00:16:15.000> using<00:16:15.480> her 00:16:15.650 --> 00:16:15.660 align:start position:0% started minting nfts using her 00:16:15.660 --> 00:16:17.449 align:start position:0% started minting nfts using her photography<00:16:16.260> and<00:16:16.680> he's<00:16:16.800> been<00:16:17.040> earning<00:16:17.339> real 00:16:17.449 --> 00:16:17.459 align:start position:0% photography and he's been earning real 00:16:17.459 --> 00:16:19.790 align:start position:0% photography and he's been earning real income<00:16:17.940> and<00:16:18.420> is<00:16:18.540> now<00:16:18.779> building<00:16:19.019> community<00:16:19.440> of 00:16:19.790 --> 00:16:19.800 align:start position:0% income and is now building community of 00:16:19.800 --> 00:16:22.129 align:start position:0% income and is now building community of bringing<00:16:20.279> other<00:16:20.579> nft<00:16:21.180> artists<00:16:21.720> into<00:16:21.839> this 00:16:22.129 --> 00:16:22.139 align:start position:0% bringing other nft artists into this 00:16:22.139 --> 00:16:25.069 align:start position:0% bringing other nft artists into this space<00:16:22.320> these<00:16:23.220> are<00:16:23.279> just<00:16:23.579> very<00:16:24.240> few<00:16:24.480> examples 00:16:25.069 --> 00:16:25.079 align:start position:0% space these are just very few examples 00:16:25.079 --> 00:16:27.650 align:start position:0% space these are just very few examples and<00:16:26.040> there<00:16:26.399> are<00:16:26.579> so<00:16:26.820> many<00:16:26.940> many<00:16:27.240> more 00:16:27.650 --> 00:16:27.660 align:start position:0% and there are so many many more 00:16:27.660 --> 00:16:29.889 align:start position:0% and there are so many many more self-taught<00:16:28.380> Africans<00:16:28.920> who<00:16:29.459> are<00:16:29.579> getting 00:16:29.889 --> 00:16:29.899 align:start position:0% self-taught Africans who are getting 00:16:29.899 --> 00:16:32.449 align:start position:0% self-taught Africans who are getting themselves<00:16:30.899> into<00:16:31.199> this<00:16:31.500> space<00:16:31.740> working 00:16:32.449 --> 00:16:32.459 align:start position:0% themselves into this space working 00:16:32.459 --> 00:16:35.210 align:start position:0% themselves into this space working creating<00:16:33.060> participating<00:16:33.779> many<00:16:34.680> of<00:16:34.860> us<00:16:34.980> know 00:16:35.210 --> 00:16:35.220 align:start position:0% creating participating many of us know 00:16:35.220 --> 00:16:37.449 align:start position:0% creating participating many of us know African<00:16:35.699> culture<00:16:36.120> all<00:16:36.360> over<00:16:36.540> the<00:16:36.720> world 00:16:37.449 --> 00:16:37.459 align:start position:0% African culture all over the world 00:16:37.459 --> 00:16:41.150 align:start position:0% African culture all over the world but<00:16:38.459> it's<00:16:39.120> just<00:16:39.480> now<00:16:39.779> that<00:16:40.139> African<00:16:40.620> creators 00:16:41.150 --> 00:16:41.160 align:start position:0% but it's just now that African creators 00:16:41.160 --> 00:16:43.129 align:start position:0% but it's just now that African creators are<00:16:41.519> being<00:16:41.639> able<00:16:42.000> to<00:16:42.300> capture<00:16:42.600> part<00:16:42.899> of<00:16:43.079> the 00:16:43.129 --> 00:16:43.139 align:start position:0% are being able to capture part of the 00:16:43.139 --> 00:16:44.689 align:start position:0% are being able to capture part of the value<00:16:43.380> from<00:16:43.980> the<00:16:44.160> things<00:16:44.279> that<00:16:44.519> they're 00:16:44.689 --> 00:16:44.699 align:start position:0% value from the things that they're 00:16:44.699 --> 00:16:45.710 align:start position:0% value from the things that they're building 00:16:45.710 --> 00:16:45.720 align:start position:0% building 00:16:45.720 --> 00:16:47.870 align:start position:0% building another<00:16:46.380> area<00:16:46.680> that's<00:16:47.100> really<00:16:47.399> interesting 00:16:47.870 --> 00:16:47.880 align:start position:0% another area that's really interesting 00:16:47.880 --> 00:16:50.990 align:start position:0% another area that's really interesting is<00:16:48.240> trust<00:16:48.620> many<00:16:49.620> African<00:16:49.920> countries<00:16:50.279> are<00:16:50.699> very 00:16:50.990 --> 00:16:51.000 align:start position:0% is trust many African countries are very 00:16:51.000 --> 00:16:53.870 align:start position:0% is trust many African countries are very low<00:16:51.300> trust<00:16:51.779> environments<00:16:52.380> meaning<00:16:53.100> there<00:16:53.699> are 00:16:53.870 --> 00:16:53.880 align:start position:0% low trust environments meaning there are 00:16:53.880 --> 00:16:55.850 align:start position:0% low trust environments meaning there are no<00:16:54.000> trusted<00:16:54.540> intermediaries<00:16:55.259> so<00:16:55.440> there<00:16:55.680> are 00:16:55.850 --> 00:16:55.860 align:start position:0% no trusted intermediaries so there are 00:16:55.860 --> 00:16:58.310 align:start position:0% no trusted intermediaries so there are very<00:16:55.920> few<00:16:56.160> trusted<00:16:56.699> intermediaries<00:16:57.420> that<00:16:58.079> can 00:16:58.310 --> 00:16:58.320 align:start position:0% very few trusted intermediaries that can 00:16:58.320 --> 00:17:00.769 align:start position:0% very few trusted intermediaries that can actually<00:16:58.560> enable<00:16:59.100> economic<00:17:00.060> and<00:17:00.420> various 00:17:00.769 --> 00:17:00.779 align:start position:0% actually enable economic and various 00:17:00.779 --> 00:17:02.569 align:start position:0% actually enable economic and various activities<00:17:01.259> between<00:17:01.680> people 00:17:02.569 --> 00:17:02.579 align:start position:0% activities between people 00:17:02.579 --> 00:17:04.549 align:start position:0% activities between people and<00:17:03.120> that<00:17:03.360> is<00:17:03.540> actually<00:17:03.720> really<00:17:04.140> critical 00:17:04.549 --> 00:17:04.559 align:start position:0% and that is actually really critical 00:17:04.559 --> 00:17:07.970 align:start position:0% and that is actually really critical because<00:17:04.919> here<00:17:05.880> in<00:17:06.360> Western<00:17:06.600> places<00:17:07.140> we<00:17:07.799> talk 00:17:07.970 --> 00:17:07.980 align:start position:0% because here in Western places we talk 00:17:07.980 --> 00:17:09.230 align:start position:0% because here in Western places we talk about 00:17:09.230 --> 00:17:09.240 align:start position:0% about 00:17:09.240 --> 00:17:12.949 align:start position:0% about um<00:17:09.299> web<00:17:09.660> 3<00:17:09.900> kind<00:17:10.260> of<00:17:10.380> uh<00:17:11.160> these<00:17:12.000> intermediating 00:17:12.949 --> 00:17:12.959 align:start position:0% um web 3 kind of uh these intermediating 00:17:12.959 --> 00:17:15.470 align:start position:0% um web 3 kind of uh these intermediating our<00:17:13.679> economy<00:17:14.160> right<00:17:14.339> but<00:17:14.939> you<00:17:15.059> go<00:17:15.179> to<00:17:15.299> places 00:17:15.470 --> 00:17:15.480 align:start position:0% our economy right but you go to places 00:17:15.480 --> 00:17:17.569 align:start position:0% our economy right but you go to places like<00:17:15.660> that<00:17:15.900> actually<00:17:16.199> where<00:17:16.860> there<00:17:17.160> are<00:17:17.339> no 00:17:17.569 --> 00:17:17.579 align:start position:0% like that actually where there are no 00:17:17.579 --> 00:17:19.490 align:start position:0% like that actually where there are no trusted<00:17:18.120> intermediaries<00:17:18.839> You're<00:17:19.319> Building 00:17:19.490 --> 00:17:19.500 align:start position:0% trusted intermediaries You're Building 00:17:19.500 --> 00:17:21.230 align:start position:0% trusted intermediaries You're Building from<00:17:19.799> the<00:17:19.980> bottom<00:17:20.280> up 00:17:21.230 --> 00:17:21.240 align:start position:0% from the bottom up 00:17:21.240 --> 00:17:24.590 align:start position:0% from the bottom up and<00:17:22.079> to<00:17:22.319> me<00:17:22.439> that<00:17:22.860> means<00:17:23.160> basically 00:17:24.590 --> 00:17:24.600 align:start position:0% and to me that means basically 00:17:24.600 --> 00:17:27.230 align:start position:0% and to me that means basically um<00:17:24.660> Africa<00:17:25.260> is<00:17:25.559> where<00:17:25.799> decentralization<00:17:26.579> has 00:17:27.230 --> 00:17:27.240 align:start position:0% um Africa is where decentralization has 00:17:27.240 --> 00:17:30.169 align:start position:0% um Africa is where decentralization has found<00:17:27.540> the<00:17:28.439> best<00:17:28.559> product<00:17:28.799> Market<00:17:29.160> fit 00:17:30.169 --> 00:17:30.179 align:start position:0% found the best product Market fit 00:17:30.179 --> 00:17:32.090 align:start position:0% found the best product Market fit that<00:17:30.660> is<00:17:30.780> where<00:17:30.960> you<00:17:31.140> can<00:17:31.260> actually<00:17:31.440> build<00:17:31.799> a 00:17:32.090 --> 00:17:32.100 align:start position:0% that is where you can actually build a 00:17:32.100 --> 00:17:33.590 align:start position:0% that is where you can actually build a lot<00:17:32.160> of<00:17:32.280> tourist<00:17:32.640> infrastructures<00:17:33.240> from<00:17:33.480> the 00:17:33.590 --> 00:17:33.600 align:start position:0% lot of tourist infrastructures from the 00:17:33.600 --> 00:17:34.730 align:start position:0% lot of tourist infrastructures from the ground<00:17:33.660> up 00:17:34.730 --> 00:17:34.740 align:start position:0% ground up 00:17:34.740 --> 00:17:36.890 align:start position:0% ground up let's<00:17:35.220> look<00:17:35.400> at<00:17:35.580> Finance<00:17:36.059> we<00:17:36.539> talked<00:17:36.840> about 00:17:36.890 --> 00:17:36.900 align:start position:0% let's look at Finance we talked about 00:17:36.900 --> 00:17:39.890 align:start position:0% let's look at Finance we talked about access<00:17:37.320> to<00:17:37.679> Forex<00:17:38.039> right<00:17:38.340> earlier<00:17:38.760> on<00:17:38.940> so 00:17:39.890 --> 00:17:39.900 align:start position:0% access to Forex right earlier on so 00:17:39.900 --> 00:17:41.870 align:start position:0% access to Forex right earlier on so actually<00:17:40.380> go<00:17:40.740> to<00:17:40.860> many<00:17:41.039> African<00:17:41.460> countries 00:17:41.870 --> 00:17:41.880 align:start position:0% actually go to many African countries 00:17:41.880 --> 00:17:44.930 align:start position:0% actually go to many African countries you<00:17:42.539> can<00:17:42.660> access<00:17:42.960> stable<00:17:43.559> coins<00:17:43.919> a<00:17:44.400> lot<00:17:44.520> easier 00:17:44.930 --> 00:17:44.940 align:start position:0% you can access stable coins a lot easier 00:17:44.940 --> 00:17:48.289 align:start position:0% you can access stable coins a lot easier and<00:17:45.360> faster<00:17:45.660> you<00:17:46.020> can<00:17:46.200> access<00:17:46.380> dollars<00:17:47.580> and<00:17:48.120> so 00:17:48.289 --> 00:17:48.299 align:start position:0% and faster you can access dollars and so 00:17:48.299 --> 00:17:50.570 align:start position:0% and faster you can access dollars and so many<00:17:48.480> people<00:17:48.720> are<00:17:49.200> bypassing<00:17:49.799> Banks<00:17:50.280> using 00:17:50.570 --> 00:17:50.580 align:start position:0% many people are bypassing Banks using 00:17:50.580 --> 00:17:52.850 align:start position:0% many people are bypassing Banks using stable<00:17:50.820> coins<00:17:51.299> now<00:17:51.840> think<00:17:52.080> about<00:17:52.260> the<00:17:52.559> global 00:17:52.850 --> 00:17:52.860 align:start position:0% stable coins now think about the global 00:17:52.860 --> 00:17:55.370 align:start position:0% stable coins now think about the global remittance<00:17:53.400> industry<00:17:54.000> that<00:17:54.600> is<00:17:54.780> massive<00:17:55.200> and 00:17:55.370 --> 00:17:55.380 align:start position:0% remittance industry that is massive and 00:17:55.380 --> 00:17:57.289 align:start position:0% remittance industry that is massive and that<00:17:55.559> is<00:17:55.679> really<00:17:55.919> huge<00:17:56.340> and<00:17:56.820> that's<00:17:57.000> where 00:17:57.289 --> 00:17:57.299 align:start position:0% that is really huge and that's where 00:17:57.299 --> 00:17:59.330 align:start position:0% that is really huge and that's where actually<00:17:57.600> we<00:17:57.900> can<00:17:58.020> build<00:17:58.260> borderless<00:17:58.860> finance 00:17:59.330 --> 00:17:59.340 align:start position:0% actually we can build borderless finance 00:17:59.340 --> 00:18:01.789 align:start position:0% actually we can build borderless finance and<00:17:59.940> really<00:18:00.120> accelerate<00:18:00.840> the<00:18:01.380> growth<00:18:01.679> and 00:18:01.789 --> 00:18:01.799 align:start position:0% and really accelerate the growth and 00:18:01.799 --> 00:18:04.730 align:start position:0% and really accelerate the growth and development<00:18:02.160> of<00:18:02.400> many<00:18:02.640> communities<00:18:03.240> there 00:18:04.730 --> 00:18:04.740 align:start position:0% development of many communities there 00:18:04.740 --> 00:18:07.549 align:start position:0% development of many communities there the<00:18:05.280> other<00:18:05.400> bit<00:18:05.640> is<00:18:06.120> looking<00:18:06.480> at<00:18:07.020> D5 00:18:07.549 --> 00:18:07.559 align:start position:0% the other bit is looking at D5 00:18:07.559 --> 00:18:09.409 align:start position:0% the other bit is looking at D5 applications<00:18:08.100> that<00:18:08.400> have<00:18:08.520> been<00:18:08.700> built<00:18:09.059> on<00:18:09.299> top 00:18:09.409 --> 00:18:09.419 align:start position:0% applications that have been built on top 00:18:09.419 --> 00:18:11.750 align:start position:0% applications that have been built on top of<00:18:09.600> mobile<00:18:09.780> payments<00:18:10.380> that's<00:18:11.100> a<00:18:11.340> really<00:18:11.460> huge 00:18:11.750 --> 00:18:11.760 align:start position:0% of mobile payments that's a really huge 00:18:11.760 --> 00:18:14.450 align:start position:0% of mobile payments that's a really huge space<00:18:11.940> because<00:18:12.360> access<00:18:13.020> to<00:18:13.320> credit<00:18:13.500> is<00:18:14.220> very 00:18:14.450 --> 00:18:14.460 align:start position:0% space because access to credit is very 00:18:14.460 --> 00:18:16.909 align:start position:0% space because access to credit is very very<00:18:14.640> scarce<00:18:15.419> it's<00:18:15.900> a<00:18:16.200> very<00:18:16.260> small<00:18:16.500> number<00:18:16.740> of 00:18:16.909 --> 00:18:16.919 align:start position:0% very scarce it's a very small number of 00:18:16.919 --> 00:18:19.370 align:start position:0% very scarce it's a very small number of people<00:18:17.100> who<00:18:17.340> can<00:18:17.520> actually<00:18:17.760> access<00:18:18.240> that 00:18:19.370 --> 00:18:19.380 align:start position:0% people who can actually access that 00:18:19.380 --> 00:18:21.409 align:start position:0% people who can actually access that the<00:18:19.860> local<00:18:19.919> debt<00:18:20.400> providers<00:18:20.820> charge<00:18:21.120> between 00:18:21.409 --> 00:18:21.419 align:start position:0% the local debt providers charge between 00:18:21.419 --> 00:18:25.730 align:start position:0% the local debt providers charge between 10<00:18:21.840> to<00:18:22.020> 27<00:18:22.559> interest<00:18:23.340> a<00:18:24.240> month 00:18:25.730 --> 00:18:25.740 align:start position:0% 10 to 27 interest a month 00:18:25.740 --> 00:18:28.130 align:start position:0% 10 to 27 interest a month that's<00:18:26.520> really<00:18:27.120> really<00:18:27.299> Sharky<00:18:27.840> and<00:18:27.960> really 00:18:28.130 --> 00:18:28.140 align:start position:0% that's really really Sharky and really 00:18:28.140 --> 00:18:31.010 align:start position:0% that's really really Sharky and really terrible<00:18:28.440> so<00:18:28.740> this<00:18:29.100> is<00:18:29.340> the<00:18:29.880> space<00:18:30.000> is<00:18:30.299> huge<00:18:30.720> to 00:18:31.010 --> 00:18:31.020 align:start position:0% terrible so this is the space is huge to 00:18:31.020 --> 00:18:33.110 align:start position:0% terrible so this is the space is huge to transform<00:18:31.380> this<00:18:31.620> area<00:18:31.860> and<00:18:32.460> these<00:18:32.700> are<00:18:32.820> just 00:18:33.110 --> 00:18:33.120 align:start position:0% transform this area and these are just 00:18:33.120 --> 00:18:35.570 align:start position:0% transform this area and these are just very<00:18:33.660> few<00:18:33.840> examples<00:18:34.320> and<00:18:35.039> there<00:18:35.220> are<00:18:35.340> so<00:18:35.460> many 00:18:35.570 --> 00:18:35.580 align:start position:0% very few examples and there are so many 00:18:35.580 --> 00:18:37.970 align:start position:0% very few examples and there are so many more<00:18:35.820> ways<00:18:36.240> that<00:18:36.539> this<00:18:36.900> borderless<00:18:37.500> economy 00:18:37.970 --> 00:18:37.980 align:start position:0% more ways that this borderless economy 00:18:37.980 --> 00:18:39.830 align:start position:0% more ways that this borderless economy bottle<00:18:38.160> of<00:18:38.460> society<00:18:38.760> is<00:18:39.000> manifesting<00:18:39.539> in<00:18:39.660> the 00:18:39.830 --> 00:18:39.840 align:start position:0% bottle of society is manifesting in the 00:18:39.840 --> 00:18:42.830 align:start position:0% bottle of society is manifesting in the continent<00:18:40.200> and<00:18:40.980> we<00:18:41.580> should<00:18:41.760> expect<00:18:42.000> basically 00:18:42.830 --> 00:18:42.840 align:start position:0% continent and we should expect basically 00:18:42.840 --> 00:18:45.049 align:start position:0% continent and we should expect basically more<00:18:43.140> Africans<00:18:43.679> getting<00:18:43.980> to<00:18:44.220> this<00:18:44.400> space<00:18:44.640> in 00:18:45.049 --> 00:18:45.059 align:start position:0% more Africans getting to this space in 00:18:45.059 --> 00:18:48.049 align:start position:0% more Africans getting to this space in masses<00:18:45.480> to<00:18:46.020> work<00:18:46.260> and<00:18:46.799> build<00:18:46.980> develop<00:18:47.700> and 00:18:48.049 --> 00:18:48.059 align:start position:0% masses to work and build develop and 00:18:48.059 --> 00:18:49.250 align:start position:0% masses to work and build develop and consume 00:18:49.250 --> 00:18:49.260 align:start position:0% consume 00:18:49.260 --> 00:18:52.610 align:start position:0% consume so<00:18:50.100> here<00:18:50.580> in<00:18:50.880> web<00:18:51.059> 3<00:18:51.299> we're<00:18:51.539> talking<00:18:51.720> about<00:18:52.020> how 00:18:52.610 --> 00:18:52.620 align:start position:0% so here in web 3 we're talking about how 00:18:52.620 --> 00:18:54.590 align:start position:0% so here in web 3 we're talking about how to<00:18:52.740> bring<00:18:52.860> the<00:18:53.039> next<00:18:53.220> billion<00:18:53.640> we<00:18:54.179> need<00:18:54.299> more 00:18:54.590 --> 00:18:54.600 align:start position:0% to bring the next billion we need more 00:18:54.600 --> 00:18:57.409 align:start position:0% to bring the next billion we need more users<00:18:55.020> and<00:18:55.559> more<00:18:55.740> Builders<00:18:56.220> who<00:18:56.760> rely<00:18:57.059> on<00:18:57.299> it 00:18:57.409 --> 00:18:57.419 align:start position:0% users and more Builders who rely on it 00:18:57.419 --> 00:18:59.090 align:start position:0% users and more Builders who rely on it for<00:18:57.660> their<00:18:57.840> daily<00:18:58.020> lives 00:18:59.090 --> 00:18:59.100 align:start position:0% for their daily lives 00:18:59.100 --> 00:19:01.370 align:start position:0% for their daily lives we<00:18:59.580> want<00:18:59.700> this<00:18:59.940> space<00:19:00.120> to<00:19:00.360> be<00:19:00.480> plan<00:19:00.720> a<00:19:00.960> not<00:19:01.200> a 00:19:01.370 --> 00:19:01.380 align:start position:0% we want this space to be plan a not a 00:19:01.380 --> 00:19:03.590 align:start position:0% we want this space to be plan a not a plan<00:19:01.500> B<00:19:01.740> when<00:19:02.460> we're<00:19:02.580> sitting<00:19:02.880> in<00:19:03.059> our<00:19:03.120> cushy 00:19:03.590 --> 00:19:03.600 align:start position:0% plan B when we're sitting in our cushy 00:19:03.600 --> 00:19:05.510 align:start position:0% plan B when we're sitting in our cushy chairs<00:19:04.020> and<00:19:04.380> kind<00:19:04.980> of<00:19:05.100> comfortable 00:19:05.510 --> 00:19:05.520 align:start position:0% chairs and kind of comfortable 00:19:05.520 --> 00:19:07.730 align:start position:0% chairs and kind of comfortable environments<00:19:06.240> where<00:19:06.539> the<00:19:06.780> system<00:19:06.960> is<00:19:07.320> kind<00:19:07.620> of 00:19:07.730 --> 00:19:07.740 align:start position:0% environments where the system is kind of 00:19:07.740 --> 00:19:09.950 align:start position:0% environments where the system is kind of working<00:19:07.919> for<00:19:08.280> us<00:19:08.460> but<00:19:09.120> we<00:19:09.299> want<00:19:09.419> to<00:19:09.539> improve<00:19:09.840> it 00:19:09.950 --> 00:19:09.960 align:start position:0% working for us but we want to improve it 00:19:09.960 --> 00:19:12.710 align:start position:0% working for us but we want to improve it it's<00:19:10.500> a<00:19:10.740> lot<00:19:10.919> harder<00:19:11.400> to<00:19:11.640> reach<00:19:11.940> Mass<00:19:12.120> adoption 00:19:12.710 --> 00:19:12.720 align:start position:0% it's a lot harder to reach Mass adoption 00:19:12.720 --> 00:19:14.930 align:start position:0% it's a lot harder to reach Mass adoption but<00:19:13.440> when<00:19:13.559> you're<00:19:13.799> going<00:19:13.919> to<00:19:14.100> places<00:19:14.340> where 00:19:14.930 --> 00:19:14.940 align:start position:0% but when you're going to places where 00:19:14.940 --> 00:19:17.510 align:start position:0% but when you're going to places where it's<00:19:15.419> a<00:19:15.660> very<00:19:15.780> low<00:19:15.960> starting<00:19:16.260> point<00:19:16.679> then 00:19:17.510 --> 00:19:17.520 align:start position:0% it's a very low starting point then 00:19:17.520 --> 00:19:20.150 align:start position:0% it's a very low starting point then actually<00:19:17.880> you<00:19:18.360> have<00:19:18.539> huge<00:19:19.200> momentum<00:19:19.679> huge 00:19:20.150 --> 00:19:20.160 align:start position:0% actually you have huge momentum huge 00:19:20.160 --> 00:19:23.270 align:start position:0% actually you have huge momentum huge growth<00:19:20.520> huge<00:19:21.059> adoption<00:19:21.720> huge<00:19:22.260> creation<00:19:22.740> that 00:19:23.270 --> 00:19:23.280 align:start position:0% growth huge adoption huge creation that 00:19:23.280 --> 00:19:25.490 align:start position:0% growth huge adoption huge creation that can<00:19:23.460> happen<00:19:23.640> in<00:19:23.940> this<00:19:24.120> environment<00:19:24.500> so 00:19:25.490 --> 00:19:25.500 align:start position:0% can happen in this environment so 00:19:25.500 --> 00:19:27.470 align:start position:0% can happen in this environment so there's<00:19:26.220> so<00:19:26.400> many<00:19:26.520> ways<00:19:26.820> to<00:19:26.940> build<00:19:27.059> this<00:19:27.299> and 00:19:27.470 --> 00:19:27.480 align:start position:0% there's so many ways to build this and 00:19:27.480 --> 00:19:29.750 align:start position:0% there's so many ways to build this and we<00:19:27.660> have<00:19:27.780> a<00:19:27.900> very<00:19:28.020> low<00:19:28.200> starting<00:19:28.440> point<00:19:28.799> what 00:19:29.750 --> 00:19:29.760 align:start position:0% we have a very low starting point what 00:19:29.760 --> 00:19:31.310 align:start position:0% we have a very low starting point what are<00:19:29.880> something<00:19:30.059> on<00:19:30.360> the<00:19:30.480> mountains<00:19:30.900> we<00:19:31.200> can 00:19:31.310 --> 00:19:31.320 align:start position:0% are something on the mountains we can 00:19:31.320 --> 00:19:33.650 align:start position:0% are something on the mountains we can climb<00:19:31.679> in<00:19:31.799> this<00:19:31.980> space<00:19:32.220> there's<00:19:33.000> a<00:19:33.179> lot<00:19:33.299> to<00:19:33.480> do 00:19:33.650 --> 00:19:33.660 align:start position:0% climb in this space there's a lot to do 00:19:33.660 --> 00:19:35.150 align:start position:0% climb in this space there's a lot to do I'll<00:19:34.080> share<00:19:34.380> with<00:19:34.500> you<00:19:34.620> some<00:19:34.919> of<00:19:35.100> the 00:19:35.150 --> 00:19:35.160 align:start position:0% I'll share with you some of the 00:19:35.160 --> 00:19:37.850 align:start position:0% I'll share with you some of the mountains<00:19:35.700> that<00:19:36.059> I<00:19:36.539> feel<00:19:36.720> inspired<00:19:37.500> and 00:19:37.850 --> 00:19:37.860 align:start position:0% mountains that I feel inspired and 00:19:37.860 --> 00:19:41.330 align:start position:0% mountains that I feel inspired and motivated<00:19:38.400> to<00:19:38.640> climb<00:19:39.419> first<00:19:40.020> is<00:19:40.260> education 00:19:41.330 --> 00:19:41.340 align:start position:0% motivated to climb first is education 00:19:41.340 --> 00:19:43.430 align:start position:0% motivated to climb first is education and<00:19:41.880> we<00:19:42.000> talk<00:19:42.179> about<00:19:42.299> education<00:19:42.900> in<00:19:43.140> so<00:19:43.320> many 00:19:43.430 --> 00:19:43.440 align:start position:0% and we talk about education in so many 00:19:43.440 --> 00:19:45.710 align:start position:0% and we talk about education in so many ways<00:19:43.740> there's<00:19:44.280> so<00:19:44.520> many<00:19:44.640> protocols<00:19:45.240> and<00:19:45.419> layer 00:19:45.710 --> 00:19:45.720 align:start position:0% ways there's so many protocols and layer 00:19:45.720 --> 00:19:47.690 align:start position:0% ways there's so many protocols and layer ones<00:19:46.020> from<00:19:46.320> the<00:19:46.559> continent<00:19:46.919> talking<00:19:47.520> about 00:19:47.690 --> 00:19:47.700 align:start position:0% ones from the continent talking about 00:19:47.700 --> 00:19:50.029 align:start position:0% ones from the continent talking about education<00:19:48.299> but<00:19:48.600> actually<00:19:48.840> it's<00:19:49.140> marketing<00:19:49.679> to 00:19:50.029 --> 00:19:50.039 align:start position:0% education but actually it's marketing to 00:19:50.039 --> 00:19:52.370 align:start position:0% education but actually it's marketing to onboard<00:19:50.400> a<00:19:50.640> lot<00:19:50.700> of<00:19:50.820> people<00:19:50.940> to<00:19:51.179> use<00:19:51.419> it<00:19:51.600> let's 00:19:52.370 --> 00:19:52.380 align:start position:0% onboard a lot of people to use it let's 00:19:52.380 --> 00:19:54.110 align:start position:0% onboard a lot of people to use it let's talk<00:19:52.620> about<00:19:52.740> education<00:19:53.340> starting<00:19:53.640> from<00:19:54.000> a 00:19:54.110 --> 00:19:54.120 align:start position:0% talk about education starting from a 00:19:54.120 --> 00:19:56.090 align:start position:0% talk about education starting from a place<00:19:54.299> of<00:19:54.480> values<00:19:55.080> and<00:19:55.620> why<00:19:55.799> is<00:19:55.980> this 00:19:56.090 --> 00:19:56.100 align:start position:0% place of values and why is this 00:19:56.100 --> 00:19:58.669 align:start position:0% place of values and why is this important<00:19:56.520> well<00:19:57.240> many<00:19:57.600> people<00:19:57.960> and<00:19:58.500> many 00:19:58.669 --> 00:19:58.679 align:start position:0% important well many people and many 00:19:58.679 --> 00:20:01.029 align:start position:0% important well many people and many young<00:19:58.919> people<00:19:59.100> in<00:19:59.340> Africa<00:19:59.760> get<00:20:00.240> into<00:20:00.419> crypto 00:20:01.029 --> 00:20:01.039 align:start position:0% young people in Africa get into crypto 00:20:01.039 --> 00:20:03.710 align:start position:0% young people in Africa get into crypto primarily<00:20:02.039> through<00:20:02.280> speculation<00:20:02.880> and 00:20:03.710 --> 00:20:03.720 align:start position:0% primarily through speculation and 00:20:03.720 --> 00:20:05.450 align:start position:0% primarily through speculation and they're<00:20:03.900> actually<00:20:04.140> their<00:20:04.620> Learning<00:20:05.100> Journey 00:20:05.450 --> 00:20:05.460 align:start position:0% they're actually their Learning Journey 00:20:05.460 --> 00:20:07.909 align:start position:0% they're actually their Learning Journey is<00:20:05.940> determined<00:20:06.419> by<00:20:06.600> the<00:20:06.840> algorithms<00:20:07.500> of 00:20:07.909 --> 00:20:07.919 align:start position:0% is determined by the algorithms of 00:20:07.919 --> 00:20:09.890 align:start position:0% is determined by the algorithms of Facebook<00:20:08.100> and<00:20:08.400> Twitter<00:20:08.640> and<00:20:09.179> sorry<00:20:09.600> YouTube 00:20:09.890 --> 00:20:09.900 align:start position:0% Facebook and Twitter and sorry YouTube 00:20:09.900 --> 00:20:12.890 align:start position:0% Facebook and Twitter and sorry YouTube and<00:20:10.200> Twitter<00:20:10.380> so<00:20:11.039> if<00:20:11.220> you<00:20:11.400> land<00:20:11.640> on<00:20:12.120> some 00:20:12.890 --> 00:20:12.900 align:start position:0% and Twitter so if you land on some 00:20:12.900 --> 00:20:16.190 align:start position:0% and Twitter so if you land on some coin<00:20:13.679> Shilling<00:20:14.100> YouTube<00:20:14.700> page<00:20:15.600> everything 00:20:16.190 --> 00:20:16.200 align:start position:0% coin Shilling YouTube page everything 00:20:16.200 --> 00:20:17.810 align:start position:0% coin Shilling YouTube page everything else<00:20:16.500> you<00:20:16.679> keep<00:20:16.860> learning<00:20:17.220> is<00:20:17.460> going<00:20:17.640> to<00:20:17.760> be 00:20:17.810 --> 00:20:17.820 align:start position:0% else you keep learning is going to be 00:20:17.820 --> 00:20:19.970 align:start position:0% else you keep learning is going to be very<00:20:18.000> much<00:20:18.179> related<00:20:18.539> to<00:20:18.720> that<00:20:18.900> so<00:20:19.500> it's<00:20:19.740> quite 00:20:19.970 --> 00:20:19.980 align:start position:0% very much related to that so it's quite 00:20:19.980 --> 00:20:22.430 align:start position:0% very much related to that so it's quite narrow<00:20:20.520> way<00:20:20.820> of<00:20:21.000> entry<00:20:21.419> point<00:20:21.600> and<00:20:22.200> I<00:20:22.320> think 00:20:22.430 --> 00:20:22.440 align:start position:0% narrow way of entry point and I think 00:20:22.440 --> 00:20:23.930 align:start position:0% narrow way of entry point and I think this<00:20:22.620> needs<00:20:22.919> to<00:20:22.980> be<00:20:23.039> a<00:20:23.220> lot<00:20:23.280> of<00:20:23.460> work<00:20:23.640> of 00:20:23.930 --> 00:20:23.940 align:start position:0% this needs to be a lot of work of 00:20:23.940 --> 00:20:26.510 align:start position:0% this needs to be a lot of work of actually<00:20:24.179> embedding<00:20:24.960> why<00:20:25.500> are<00:20:25.679> we<00:20:25.860> here<00:20:26.039> why 00:20:26.510 --> 00:20:26.520 align:start position:0% actually embedding why are we here why 00:20:26.520 --> 00:20:28.909 align:start position:0% actually embedding why are we here why is<00:20:26.640> this<00:20:26.820> space<00:20:27.000> actually<00:20:27.419> made<00:20:27.780> for<00:20:28.020> them 00:20:28.909 --> 00:20:28.919 align:start position:0% is this space actually made for them 00:20:28.919 --> 00:20:31.130 align:start position:0% is this space actually made for them and<00:20:29.220> we<00:20:29.400> gotta<00:20:29.760> create<00:20:30.059> infrastructures<00:20:30.840> for 00:20:31.130 --> 00:20:31.140 align:start position:0% and we gotta create infrastructures for 00:20:31.140 --> 00:20:33.289 align:start position:0% and we gotta create infrastructures for people<00:20:31.320> to<00:20:31.740> learn<00:20:31.919> to<00:20:32.220> learn<00:20:32.400> as<00:20:32.880> I<00:20:33.120> talked 00:20:33.289 --> 00:20:33.299 align:start position:0% people to learn to learn as I talked 00:20:33.299 --> 00:20:34.430 align:start position:0% people to learn to learn as I talked about<00:20:33.360> there<00:20:33.660> are<00:20:33.780> a<00:20:33.840> lot<00:20:33.900> of<00:20:34.020> people<00:20:34.140> getting 00:20:34.430 --> 00:20:34.440 align:start position:0% about there are a lot of people getting 00:20:34.440 --> 00:20:37.010 align:start position:0% about there are a lot of people getting into<00:20:34.740> the<00:20:35.100> space<00:20:35.280> on<00:20:35.640> their<00:20:35.760> own<00:20:35.940> but<00:20:36.660> how<00:20:36.900> do 00:20:37.010 --> 00:20:37.020 align:start position:0% into the space on their own but how do 00:20:37.020 --> 00:20:38.810 align:start position:0% into the space on their own but how do we<00:20:37.140> really<00:20:37.320> accelerate<00:20:37.860> that<00:20:38.039> to<00:20:38.280> hundreds 00:20:38.810 --> 00:20:38.820 align:start position:0% we really accelerate that to hundreds 00:20:38.820 --> 00:20:41.750 align:start position:0% we really accelerate that to hundreds and<00:20:39.000> millions<00:20:39.360> of<00:20:40.080> people<00:20:40.559> to<00:20:41.160> get<00:20:41.340> into<00:20:41.460> this 00:20:41.750 --> 00:20:41.760 align:start position:0% and millions of people to get into this 00:20:41.760 --> 00:20:42.650 align:start position:0% and millions of people to get into this space 00:20:42.650 --> 00:20:42.660 align:start position:0% space 00:20:42.660 --> 00:20:45.169 align:start position:0% space and<00:20:43.200> then<00:20:43.320> developing<00:20:43.980> actual<00:20:44.580> core<00:20:44.820> skill 00:20:45.169 --> 00:20:45.179 align:start position:0% and then developing actual core skill 00:20:45.179 --> 00:20:47.450 align:start position:0% and then developing actual core skill sets<00:20:45.600> so<00:20:45.900> that<00:20:46.080> people<00:20:46.260> can<00:20:46.620> come<00:20:46.860> and<00:20:47.100> work<00:20:47.280> in 00:20:47.450 --> 00:20:47.460 align:start position:0% sets so that people can come and work in 00:20:47.460 --> 00:20:49.850 align:start position:0% sets so that people can come and work in this<00:20:47.640> space<00:20:47.820> that<00:20:48.600> is<00:20:48.780> already<00:20:48.900> happening<00:20:49.440> but 00:20:49.850 --> 00:20:49.860 align:start position:0% this space that is already happening but 00:20:49.860 --> 00:20:51.470 align:start position:0% this space that is already happening but I<00:20:50.039> think<00:20:50.160> we<00:20:50.340> can<00:20:50.520> really<00:20:50.640> do<00:20:50.940> a<00:20:51.120> lot<00:20:51.240> to 00:20:51.470 --> 00:20:51.480 align:start position:0% I think we can really do a lot to 00:20:51.480 --> 00:20:53.450 align:start position:0% I think we can really do a lot to accelerate<00:20:51.960> that<00:20:52.200> space 00:20:53.450 --> 00:20:53.460 align:start position:0% accelerate that space 00:20:53.460 --> 00:20:55.310 align:start position:0% accelerate that space the<00:20:54.059> other<00:20:54.179> one<00:20:54.360> is<00:20:54.480> just<00:20:54.720> having<00:20:54.960> more 00:20:55.310 --> 00:20:55.320 align:start position:0% the other one is just having more 00:20:55.320 --> 00:20:57.529 align:start position:0% the other one is just having more Founders<00:20:55.919> solving<00:20:56.760> their<00:20:57.059> continence 00:20:57.529 --> 00:20:57.539 align:start position:0% Founders solving their continence 00:20:57.539 --> 00:21:00.049 align:start position:0% Founders solving their continence problems<00:20:58.559> and<00:20:59.039> we<00:20:59.220> need<00:20:59.340> so<00:20:59.580> much<00:20:59.760> of<00:20:59.880> that 00:21:00.049 --> 00:21:00.059 align:start position:0% problems and we need so much of that 00:21:00.059 --> 00:21:01.549 align:start position:0% problems and we need so much of that they're<00:21:00.240> local<00:21:00.480> Founders<00:21:00.960> but<00:21:01.140> we<00:21:01.380> need 00:21:01.549 --> 00:21:01.559 align:start position:0% they're local Founders but we need 00:21:01.559 --> 00:21:03.350 align:start position:0% they're local Founders but we need thousands<00:21:02.400> and<00:21:02.460> thousands<00:21:02.760> more<00:21:02.940> Founders 00:21:03.350 --> 00:21:03.360 align:start position:0% thousands and thousands more Founders 00:21:03.360 --> 00:21:05.870 align:start position:0% thousands and thousands more Founders and<00:21:03.960> the<00:21:04.140> biggest<00:21:04.260> challenge<00:21:04.620> is<00:21:05.100> Founders 00:21:05.870 --> 00:21:05.880 align:start position:0% and the biggest challenge is Founders 00:21:05.880 --> 00:21:07.909 align:start position:0% and the biggest challenge is Founders need<00:21:06.179> Capital<00:21:06.480> to<00:21:07.140> build 00:21:07.909 --> 00:21:07.919 align:start position:0% need Capital to build 00:21:07.919 --> 00:21:09.470 align:start position:0% need Capital to build and<00:21:08.280> a<00:21:08.400> lot<00:21:08.520> of<00:21:08.640> the<00:21:08.760> capital<00:21:08.880> on<00:21:09.179> the<00:21:09.360> ground 00:21:09.470 --> 00:21:09.480 align:start position:0% and a lot of the capital on the ground 00:21:09.480 --> 00:21:12.770 align:start position:0% and a lot of the capital on the ground is<00:21:10.020> very<00:21:10.679> unsophisticated<00:21:11.400> very<00:21:12.120> few<00:21:12.360> players 00:21:12.770 --> 00:21:12.780 align:start position:0% is very unsophisticated very few players 00:21:12.780 --> 00:21:15.230 align:start position:0% is very unsophisticated very few players very<00:21:13.500> short<00:21:13.679> term<00:21:13.919> and<00:21:14.520> their<00:21:14.700> new<00:21:14.880> entrance 00:21:15.230 --> 00:21:15.240 align:start position:0% very short term and their new entrance 00:21:15.240 --> 00:21:16.610 align:start position:0% very short term and their new entrance to<00:21:15.480> this<00:21:15.600> space<00:21:15.840> that<00:21:16.080> are<00:21:16.200> using<00:21:16.440> the 00:21:16.610 --> 00:21:16.620 align:start position:0% to this space that are using the 00:21:16.620 --> 00:21:19.669 align:start position:0% to this space that are using the buzzwords<00:21:17.160> of<00:21:17.280> the<00:21:17.460> day<00:21:17.580> to<00:21:18.360> basically<00:21:18.720> create 00:21:19.669 --> 00:21:19.679 align:start position:0% buzzwords of the day to basically create 00:21:19.679 --> 00:21:22.070 align:start position:0% buzzwords of the day to basically create short-term<00:21:20.340> wins<00:21:20.640> and<00:21:21.360> I<00:21:21.419> think<00:21:21.539> in<00:21:21.780> order<00:21:21.900> to 00:21:22.070 --> 00:21:22.080 align:start position:0% short-term wins and I think in order to 00:21:22.080 --> 00:21:23.870 align:start position:0% short-term wins and I think in order to do<00:21:22.320> this<00:21:22.440> really<00:21:22.620> well<00:21:22.860> we<00:21:23.160> got<00:21:23.280> to<00:21:23.460> think<00:21:23.580> long 00:21:23.870 --> 00:21:23.880 align:start position:0% do this really well we got to think long 00:21:23.880 --> 00:21:26.409 align:start position:0% do this really well we got to think long term<00:21:24.059> and<00:21:24.780> long-term<00:21:25.380> means<00:21:25.740> in<00:21:25.980> this<00:21:26.100> case 00:21:26.409 --> 00:21:26.419 align:start position:0% term and long-term means in this case 00:21:26.419 --> 00:21:29.090 align:start position:0% term and long-term means in this case that<00:21:27.419> many<00:21:27.660> Builders<00:21:28.140> are<00:21:28.500> creating<00:21:28.860> the 00:21:29.090 --> 00:21:29.100 align:start position:0% that many Builders are creating the 00:21:29.100 --> 00:21:31.490 align:start position:0% that many Builders are creating the roads<00:21:29.460> that<00:21:29.580> they're<00:21:29.760> walking<00:21:30.000> on<00:21:30.720> in<00:21:31.320> Western 00:21:31.490 --> 00:21:31.500 align:start position:0% roads that they're walking on in Western 00:21:31.500 --> 00:21:34.070 align:start position:0% roads that they're walking on in Western economies<00:21:32.159> a<00:21:32.700> lot<00:21:32.820> of<00:21:32.940> web<00:21:33.059> 3<00:21:33.360> was<00:21:33.600> able<00:21:33.960> to 00:21:34.070 --> 00:21:34.080 align:start position:0% economies a lot of web 3 was able to 00:21:34.080 --> 00:21:36.950 align:start position:0% economies a lot of web 3 was able to move<00:21:34.320> very<00:21:34.679> fast<00:21:34.919> because<00:21:35.340> we<00:21:35.640> have<00:21:35.760> web<00:21:35.940> 2<00:21:36.240> we 00:21:36.950 --> 00:21:36.960 align:start position:0% move very fast because we have web 2 we 00:21:36.960 --> 00:21:38.450 align:start position:0% move very fast because we have web 2 we have<00:21:37.080> something<00:21:37.260> to<00:21:37.500> lean<00:21:37.740> on<00:21:37.860> we<00:21:38.039> have<00:21:38.220> a<00:21:38.400> lot 00:21:38.450 --> 00:21:38.460 align:start position:0% have something to lean on we have a lot 00:21:38.460 --> 00:21:40.669 align:start position:0% have something to lean on we have a lot of<00:21:38.580> core<00:21:38.760> infrastructures<00:21:39.539> to<00:21:40.140> build<00:21:40.260> on<00:21:40.500> top 00:21:40.669 --> 00:21:40.679 align:start position:0% of core infrastructures to build on top 00:21:40.679 --> 00:21:42.830 align:start position:0% of core infrastructures to build on top of<00:21:40.860> but<00:21:41.460> when<00:21:41.700> you're<00:21:41.880> going<00:21:42.000> to<00:21:42.240> environments 00:21:42.830 --> 00:21:42.840 align:start position:0% of but when you're going to environments 00:21:42.840 --> 00:21:44.090 align:start position:0% of but when you're going to environments where<00:21:43.080> you<00:21:43.440> got<00:21:43.559> to<00:21:43.740> build<00:21:43.919> that 00:21:44.090 --> 00:21:44.100 align:start position:0% where you got to build that 00:21:44.100 --> 00:21:45.890 align:start position:0% where you got to build that infrastructure<00:21:44.700> from<00:21:44.880> the<00:21:45.059> long<00:21:45.179> from<00:21:45.659> from 00:21:45.890 --> 00:21:45.900 align:start position:0% infrastructure from the long from from 00:21:45.900 --> 00:21:47.590 align:start position:0% infrastructure from the long from from the<00:21:46.140> bottom<00:21:46.380> up<00:21:46.500> you<00:21:46.740> got<00:21:46.860> to<00:21:46.980> think<00:21:47.100> long<00:21:47.340> term 00:21:47.590 --> 00:21:47.600 align:start position:0% the bottom up you got to think long term 00:21:47.600 --> 00:21:50.029 align:start position:0% the bottom up you got to think long term and<00:21:48.600> that's<00:21:48.780> actually<00:21:49.020> where<00:21:49.380> you<00:21:49.559> can<00:21:49.679> accrue 00:21:50.029 --> 00:21:50.039 align:start position:0% and that's actually where you can accrue 00:21:50.039 --> 00:21:52.789 align:start position:0% and that's actually where you can accrue a<00:21:50.159> lot<00:21:50.220> of<00:21:50.400> value<00:21:50.580> and<00:21:51.480> and<00:21:51.840> build<00:21:52.260> a<00:21:52.559> core 00:21:52.789 --> 00:21:52.799 align:start position:0% a lot of value and and build a core 00:21:52.799 --> 00:21:54.409 align:start position:0% a lot of value and and build a core economic<00:21:53.280> infrastructures<00:21:53.940> for<00:21:54.299> the 00:21:54.409 --> 00:21:54.419 align:start position:0% economic infrastructures for the 00:21:54.419 --> 00:21:55.909 align:start position:0% economic infrastructures for the continent 00:21:55.909 --> 00:21:55.919 align:start position:0% continent 00:21:55.919 --> 00:21:59.090 align:start position:0% continent and<00:21:56.460> the<00:21:56.640> other<00:21:56.760> bit<00:21:56.940> also<00:21:57.360> of<00:21:57.659> uh<00:21:58.380> and<00:21:58.559> funding 00:21:59.090 --> 00:21:59.100 align:start position:0% and the other bit also of uh and funding 00:21:59.100 --> 00:22:01.669 align:start position:0% and the other bit also of uh and funding space<00:21:59.340> is<00:21:59.880> uh<00:22:00.539> supporting<00:22:01.080> Grassroots 00:22:01.669 --> 00:22:01.679 align:start position:0% space is uh supporting Grassroots 00:22:01.679 --> 00:22:03.710 align:start position:0% space is uh supporting Grassroots activities<00:22:02.100> because<00:22:02.940> that's<00:22:03.179> where<00:22:03.360> a<00:22:03.539> lot<00:22:03.659> of 00:22:03.710 --> 00:22:03.720 align:start position:0% activities because that's where a lot of 00:22:03.720 --> 00:22:05.630 align:start position:0% activities because that's where a lot of the<00:22:03.840> foundation<00:22:04.200> is<00:22:04.500> being<00:22:04.740> created<00:22:05.100> and 00:22:05.630 --> 00:22:05.640 align:start position:0% the foundation is being created and 00:22:05.640 --> 00:22:07.250 align:start position:0% the foundation is being created and that's<00:22:05.760> where<00:22:06.059> public<00:22:06.299> goods<00:22:06.659> plays<00:22:07.020> a<00:22:07.080> big 00:22:07.250 --> 00:22:07.260 align:start position:0% that's where public goods plays a big 00:22:07.260 --> 00:22:09.649 align:start position:0% that's where public goods plays a big role<00:22:07.620> there's<00:22:08.340> so<00:22:08.520> many<00:22:08.640> Grassroots<00:22:09.240> players 00:22:09.649 --> 00:22:09.659 align:start position:0% role there's so many Grassroots players 00:22:09.659 --> 00:22:12.230 align:start position:0% role there's so many Grassroots players using<00:22:10.559> the<00:22:10.679> same<00:22:10.860> value<00:22:11.159> system<00:22:11.580> that<00:22:11.880> we<00:22:12.059> have 00:22:12.230 --> 00:22:12.240 align:start position:0% using the same value system that we have 00:22:12.240 --> 00:22:14.090 align:start position:0% using the same value system that we have here<00:22:12.480> helping<00:22:13.260> develop<00:22:13.620> the<00:22:13.919> core 00:22:14.090 --> 00:22:14.100 align:start position:0% here helping develop the core 00:22:14.100 --> 00:22:16.909 align:start position:0% here helping develop the core infrastructures<00:22:14.940> of<00:22:15.720> mass<00:22:16.080> adoption<00:22:16.620> in<00:22:16.799> this 00:22:16.909 --> 00:22:16.919 align:start position:0% infrastructures of mass adoption in this 00:22:16.919 --> 00:22:18.890 align:start position:0% infrastructures of mass adoption in this space<00:22:17.159> and<00:22:17.700> that's<00:22:17.820> a<00:22:18.059> huge<00:22:18.299> gap<00:22:18.539> on<00:22:18.780> the 00:22:18.890 --> 00:22:18.900 align:start position:0% space and that's a huge gap on the 00:22:18.900 --> 00:22:19.909 align:start position:0% space and that's a huge gap on the continent 00:22:19.909 --> 00:22:19.919 align:start position:0% continent 00:22:19.919 --> 00:22:22.789 align:start position:0% continent the<00:22:20.520> last<00:22:20.700> bit<00:22:20.880> is<00:22:21.360> building<00:22:21.659> community 00:22:22.789 --> 00:22:22.799 align:start position:0% the last bit is building community 00:22:22.799 --> 00:22:25.850 align:start position:0% the last bit is building community and<00:22:23.520> I'm<00:22:23.700> talking<00:22:23.940> about<00:22:24.240> Community<00:22:24.960> with<00:22:25.620> the 00:22:25.850 --> 00:22:25.860 align:start position:0% and I'm talking about Community with the 00:22:25.860 --> 00:22:28.310 align:start position:0% and I'm talking about Community with the principles<00:22:26.280> and<00:22:26.640> values<00:22:27.059> of<00:22:27.299> community 00:22:28.310 --> 00:22:28.320 align:start position:0% principles and values of community 00:22:28.320 --> 00:22:30.710 align:start position:0% principles and values of community that<00:22:28.860> really<00:22:29.100> matters<00:22:29.460> because<00:22:29.820> there's<00:22:30.539> a 00:22:30.710 --> 00:22:30.720 align:start position:0% that really matters because there's a 00:22:30.720 --> 00:22:32.330 align:start position:0% that really matters because there's a lot<00:22:30.840> of<00:22:30.960> sort<00:22:31.200> of<00:22:31.320> extractive<00:22:32.039> community 00:22:32.330 --> 00:22:32.340 align:start position:0% lot of sort of extractive community 00:22:32.340 --> 00:22:34.490 align:start position:0% lot of sort of extractive community conversation<00:22:33.059> that<00:22:33.419> is<00:22:33.600> happening<00:22:33.960> around 00:22:34.490 --> 00:22:34.500 align:start position:0% conversation that is happening around 00:22:34.500 --> 00:22:37.490 align:start position:0% conversation that is happening around the<00:22:34.799> continent<00:22:35.220> which<00:22:36.000> is<00:22:36.360> just<00:22:37.200> trying<00:22:37.380> to 00:22:37.490 --> 00:22:37.500 align:start position:0% the continent which is just trying to 00:22:37.500 --> 00:22:39.770 align:start position:0% the continent which is just trying to get<00:22:37.620> as<00:22:37.799> many<00:22:37.980> people<00:22:38.159> to<00:22:38.400> sign<00:22:38.580> up<00:22:38.820> get<00:22:39.419> big 00:22:39.770 --> 00:22:39.780 align:start position:0% get as many people to sign up get big 00:22:39.780 --> 00:22:42.350 align:start position:0% get as many people to sign up get big user<00:22:40.200> base<00:22:40.380> get<00:22:41.039> you<00:22:41.400> know<00:22:41.460> large<00:22:41.700> adoption 00:22:42.350 --> 00:22:42.360 align:start position:0% user base get you know large adoption 00:22:42.360 --> 00:22:44.570 align:start position:0% user base get you know large adoption and<00:22:42.840> you<00:22:42.960> know<00:22:43.080> that's<00:22:43.260> fine<00:22:43.559> but<00:22:44.220> if<00:22:44.400> you 00:22:44.570 --> 00:22:44.580 align:start position:0% and you know that's fine but if you 00:22:44.580 --> 00:22:46.310 align:start position:0% and you know that's fine but if you actually<00:22:44.760> many<00:22:45.179> protocols<00:22:45.780> go<00:22:45.960> there<00:22:46.140> with 00:22:46.310 --> 00:22:46.320 align:start position:0% actually many protocols go there with 00:22:46.320 --> 00:22:48.590 align:start position:0% actually many protocols go there with the<00:22:46.440> spirit<00:22:46.559> of<00:22:46.799> extraction<00:22:47.280> what<00:22:48.059> you<00:22:48.299> end<00:22:48.480> up 00:22:48.590 --> 00:22:48.600 align:start position:0% the spirit of extraction what you end up 00:22:48.600 --> 00:22:50.930 align:start position:0% the spirit of extraction what you end up doing<00:22:48.840> is<00:22:49.260> raising<00:22:50.159> a<00:22:50.340> generation<00:22:50.700> of 00:22:50.930 --> 00:22:50.940 align:start position:0% doing is raising a generation of 00:22:50.940 --> 00:22:52.130 align:start position:0% doing is raising a generation of mercenaries 00:22:52.130 --> 00:22:52.140 align:start position:0% mercenaries 00:22:52.140 --> 00:22:54.169 align:start position:0% mercenaries so<00:22:52.679> actually<00:22:52.860> when<00:22:53.100> I<00:22:53.280> got<00:22:53.400> a<00:22:53.520> lot<00:22:53.640> of<00:22:53.820> events 00:22:54.169 --> 00:22:54.179 align:start position:0% so actually when I got a lot of events 00:22:54.179 --> 00:22:56.090 align:start position:0% so actually when I got a lot of events and<00:22:54.360> I<00:22:54.539> talked<00:22:54.780> to<00:22:54.780> the<00:22:55.020> people<00:22:55.140> there<00:22:55.500> they're 00:22:56.090 --> 00:22:56.100 align:start position:0% and I talked to the people there they're 00:22:56.100 --> 00:22:57.890 align:start position:0% and I talked to the people there they're like<00:22:56.340> yeah<00:22:56.520> we<00:22:56.760> know<00:22:56.940> what's<00:22:57.059> going<00:22:57.299> on<00:22:57.539> you 00:22:57.890 --> 00:22:57.900 align:start position:0% like yeah we know what's going on you 00:22:57.900 --> 00:23:00.710 align:start position:0% like yeah we know what's going on you like<00:22:58.320> we're<00:22:58.559> playing<00:22:58.980> the<00:22:59.159> game<00:22:59.400> so<00:23:00.059> helping 00:23:00.710 --> 00:23:00.720 align:start position:0% like we're playing the game so helping 00:23:00.720 --> 00:23:02.510 align:start position:0% like we're playing the game so helping you<00:23:00.780> build<00:23:01.020> the<00:23:01.260> numbers<00:23:01.380> but<00:23:02.159> when<00:23:02.400> there's 00:23:02.510 --> 00:23:02.520 align:start position:0% you build the numbers but when there's 00:23:02.520 --> 00:23:05.270 align:start position:0% you build the numbers but when there's something<00:23:02.760> better<00:23:03.120> everybody<00:23:03.840> leaves 00:23:05.270 --> 00:23:05.280 align:start position:0% something better everybody leaves 00:23:05.280 --> 00:23:06.409 align:start position:0% something better everybody leaves and<00:23:05.640> I<00:23:05.700> think<00:23:05.880> that's<00:23:06.000> a<00:23:06.179> big<00:23:06.299> challenge 00:23:06.409 --> 00:23:06.419 align:start position:0% and I think that's a big challenge 00:23:06.419 --> 00:23:08.690 align:start position:0% and I think that's a big challenge because<00:23:06.659> people<00:23:06.960> are<00:23:07.140> going<00:23:07.559> not<00:23:08.400> to<00:23:08.580> build 00:23:08.690 --> 00:23:08.700 align:start position:0% because people are going not to build 00:23:08.700 --> 00:23:11.510 align:start position:0% because people are going not to build community<00:23:09.059> but<00:23:09.600> to<00:23:10.080> create<00:23:10.679> the<00:23:10.980> short-term 00:23:11.510 --> 00:23:11.520 align:start position:0% community but to create the short-term 00:23:11.520 --> 00:23:13.370 align:start position:0% community but to create the short-term wins<00:23:11.880> in<00:23:12.120> order<00:23:12.240> to<00:23:12.419> look<00:23:12.600> good<00:23:12.780> and<00:23:12.960> have<00:23:13.140> the 00:23:13.370 --> 00:23:13.380 align:start position:0% wins in order to look good and have the 00:23:13.380 --> 00:23:15.470 align:start position:0% wins in order to look good and have the numbers<00:23:13.559> raise<00:23:13.980> money<00:23:14.280> inflate<00:23:14.880> tokens<00:23:15.240> and 00:23:15.470 --> 00:23:15.480 align:start position:0% numbers raise money inflate tokens and 00:23:15.480 --> 00:23:18.110 align:start position:0% numbers raise money inflate tokens and all<00:23:15.600> of<00:23:15.720> that<00:23:15.919> and<00:23:16.919> if<00:23:17.340> you<00:23:17.460> actually<00:23:17.640> want<00:23:17.940> to 00:23:18.110 --> 00:23:18.120 align:start position:0% all of that and if you actually want to 00:23:18.120 --> 00:23:19.970 align:start position:0% all of that and if you actually want to build<00:23:18.299> community<00:23:18.659> you<00:23:19.320> got<00:23:19.440> to<00:23:19.559> think<00:23:19.740> about 00:23:19.970 --> 00:23:19.980 align:start position:0% build community you got to think about 00:23:19.980 --> 00:23:24.049 align:start position:0% build community you got to think about how<00:23:20.640> do<00:23:20.760> we<00:23:20.940> increase<00:23:21.240> the<00:23:21.900> sphere<00:23:22.340> and<00:23:23.340> then 00:23:24.049 --> 00:23:24.059 align:start position:0% how do we increase the sphere and then 00:23:24.059 --> 00:23:26.090 align:start position:0% how do we increase the sphere and then at<00:23:24.600> the<00:23:24.720> end<00:23:24.840> of<00:23:24.960> that<00:23:25.020> we<00:23:25.320> have<00:23:25.559> a<00:23:25.679> bigger<00:23:25.919> Pie 00:23:26.090 --> 00:23:26.100 align:start position:0% at the end of that we have a bigger Pie 00:23:26.100 --> 00:23:28.610 align:start position:0% at the end of that we have a bigger Pie as<00:23:26.340> a<00:23:26.460> result<00:23:26.640> if<00:23:27.600> you<00:23:27.720> start<00:23:27.900> looking<00:23:28.200> at 00:23:28.610 --> 00:23:28.620 align:start position:0% as a result if you start looking at 00:23:28.620 --> 00:23:31.130 align:start position:0% as a result if you start looking at Africans<00:23:29.220> as<00:23:29.520> not<00:23:29.880> just<00:23:30.000> consumers<00:23:30.659> but<00:23:30.960> as 00:23:31.130 --> 00:23:31.140 align:start position:0% Africans as not just consumers but as 00:23:31.140 --> 00:23:32.390 align:start position:0% Africans as not just consumers but as producers 00:23:32.390 --> 00:23:32.400 align:start position:0% producers 00:23:32.400 --> 00:23:34.970 align:start position:0% producers you<00:23:32.940> are<00:23:33.120> able<00:23:33.360> to<00:23:33.480> untap<00:23:34.140> so<00:23:34.500> much<00:23:34.679> of<00:23:34.860> the 00:23:34.970 --> 00:23:34.980 align:start position:0% you are able to untap so much of the 00:23:34.980 --> 00:23:38.870 align:start position:0% you are able to untap so much of the potential<00:23:35.400> and<00:23:36.360> be<00:23:36.539> part<00:23:36.720> of<00:23:36.900> their<00:23:37.020> success 00:23:38.870 --> 00:23:38.880 align:start position:0% potential and be part of their success 00:23:38.880 --> 00:23:41.810 align:start position:0% potential and be part of their success so<00:23:39.240> that's<00:23:39.419> to<00:23:39.960> me<00:23:40.140> like<00:23:40.500> that's<00:23:40.919> really<00:23:41.520> what 00:23:41.810 --> 00:23:41.820 align:start position:0% so that's to me like that's really what 00:23:41.820 --> 00:23:44.029 align:start position:0% so that's to me like that's really what feels<00:23:42.240> extremely<00:23:42.659> exciting<00:23:43.080> and<00:23:43.380> if<00:23:43.679> any<00:23:43.860> of 00:23:44.029 --> 00:23:44.039 align:start position:0% feels extremely exciting and if any of 00:23:44.039 --> 00:23:45.830 align:start position:0% feels extremely exciting and if any of these<00:23:44.280> mountains<00:23:44.700> you're<00:23:45.120> finding<00:23:45.419> exciting 00:23:45.830 --> 00:23:45.840 align:start position:0% these mountains you're finding exciting 00:23:45.840 --> 00:23:48.110 align:start position:0% these mountains you're finding exciting less<00:23:46.020> Jam<00:23:46.320> if<00:23:46.919> you're<00:23:46.980> thinking<00:23:47.280> about 00:23:48.110 --> 00:23:48.120 align:start position:0% less Jam if you're thinking about 00:23:48.120 --> 00:23:50.090 align:start position:0% less Jam if you're thinking about climbing<00:23:48.659> other<00:23:48.840> mountains<00:23:49.380> let's<00:23:49.860> figure 00:23:50.090 --> 00:23:50.100 align:start position:0% climbing other mountains let's figure 00:23:50.100 --> 00:23:51.950 align:start position:0% climbing other mountains let's figure out<00:23:50.280> how<00:23:50.580> to<00:23:50.700> support<00:23:50.880> that<00:23:51.240> work<00:23:51.480> and 00:23:51.950 --> 00:23:51.960 align:start position:0% out how to support that work and 00:23:51.960 --> 00:23:53.870 align:start position:0% out how to support that work and accelerate<00:23:52.440> your<00:23:52.679> journey<00:23:52.919> because<00:23:53.400> at<00:23:53.760> the 00:23:53.870 --> 00:23:53.880 align:start position:0% accelerate your journey because at the 00:23:53.880 --> 00:23:54.890 align:start position:0% accelerate your journey because at the end<00:23:54.000> of<00:23:54.120> the<00:23:54.179> day 00:23:54.890 --> 00:23:54.900 align:start position:0% end of the day 00:23:54.900 --> 00:23:57.950 align:start position:0% end of the day I<00:23:55.559> think<00:23:55.799> Africa<00:23:56.760> will<00:23:57.059> have<00:23:57.240> a<00:23:57.419> lot<00:23:57.539> more<00:23:57.720> to 00:23:57.950 --> 00:23:57.960 align:start position:0% I think Africa will have a lot more to 00:23:57.960 --> 00:24:00.110 align:start position:0% I think Africa will have a lot more to contribute<00:23:58.380> to<00:23:58.559> this<00:23:58.679> Webster<00:23:59.100> movement<00:23:59.520> and 00:24:00.110 --> 00:24:00.120 align:start position:0% contribute to this Webster movement and 00:24:00.120 --> 00:24:01.610 align:start position:0% contribute to this Webster movement and we're<00:24:00.299> here<00:24:00.539> dreaming<00:24:01.020> thinking<00:24:01.320> building 00:24:01.610 --> 00:24:01.620 align:start position:0% we're here dreaming thinking building 00:24:01.620 --> 00:24:04.909 align:start position:0% we're here dreaming thinking building and<00:24:01.980> creating<00:24:02.820> but<00:24:03.299> if<00:24:03.419> we<00:24:03.600> want<00:24:03.780> to<00:24:03.960> actually 00:24:04.909 --> 00:24:04.919 align:start position:0% and creating but if we want to actually 00:24:04.919 --> 00:24:07.610 align:start position:0% and creating but if we want to actually this<00:24:05.640> infrastructure<00:24:06.240> to<00:24:06.480> be<00:24:06.659> used<00:24:06.900> on<00:24:07.440> a 00:24:07.610 --> 00:24:07.620 align:start position:0% this infrastructure to be used on a 00:24:07.620 --> 00:24:09.890 align:start position:0% this infrastructure to be used on a daily<00:24:07.740> basis<00:24:08.220> doesn't<00:24:09.179> matter<00:24:09.419> if<00:24:09.539> it's<00:24:09.720> a 00:24:09.890 --> 00:24:09.900 align:start position:0% daily basis doesn't matter if it's a 00:24:09.900 --> 00:24:12.470 align:start position:0% daily basis doesn't matter if it's a bull<00:24:10.020> market<00:24:10.260> or<00:24:10.620> a<00:24:10.740> bear<00:24:10.860> Market<00:24:11.179> if<00:24:12.179> we<00:24:12.299> want 00:24:12.470 --> 00:24:12.480 align:start position:0% bull market or a bear Market if we want 00:24:12.480 --> 00:24:14.630 align:start position:0% bull market or a bear Market if we want this<00:24:12.659> space<00:24:12.840> to<00:24:13.080> be<00:24:13.260> used<00:24:13.500> to<00:24:14.100> actually<00:24:14.280> meet 00:24:14.630 --> 00:24:14.640 align:start position:0% this space to be used to actually meet 00:24:14.640 --> 00:24:18.049 align:start position:0% this space to be used to actually meet people's<00:24:15.120> needs<00:24:16.020> and<00:24:16.500> people<00:24:16.679> to<00:24:16.980> rely<00:24:17.280> on<00:24:17.460> and 00:24:18.049 --> 00:24:18.059 align:start position:0% people's needs and people to rely on and 00:24:18.059 --> 00:24:19.970 align:start position:0% people's needs and people to rely on and to<00:24:18.240> have<00:24:18.360> the<00:24:18.539> space<00:24:18.720> to<00:24:18.960> build<00:24:19.140> on<00:24:19.320> I<00:24:19.860> think 00:24:19.970 --> 00:24:19.980 align:start position:0% to have the space to build on I think 00:24:19.980 --> 00:24:22.190 align:start position:0% to have the space to build on I think Africa<00:24:20.520> is<00:24:20.640> the<00:24:20.820> right<00:24:21.000> answer<00:24:21.179> for<00:24:21.480> me<00:24:21.600> thank 00:24:22.190 --> 00:24:22.200 align:start position:0% Africa is the right answer for me thank 00:24:22.200 --> 00:24:24.380 align:start position:0% Africa is the right answer for me thank you