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Language: en

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[Applause]

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 your<00:00:12.800><c> hands</c><00:00:13.210><c> just</c><00:00:14.210><c> don't</c><00:00:14.510><c> know</c><00:00:14.900><c> how</c><00:00:15.170><c> to</c>

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 your hands just don't know how to
 

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 your hands just don't know how to
who<00:00:17.960><c> knows</c><00:00:18.170><c> where</c><00:00:18.560><c> each</c><00:00:18.830><c> mechanism</c><00:00:19.490><c> progress</c>

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who knows where each mechanism progress
 

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who knows where each mechanism progress
okay<00:00:22.340><c> so</c><00:00:22.550><c> that's</c><00:00:22.790><c> I'll</c><00:00:23.599><c> be</c><00:00:23.810><c> like</c><00:00:23.990><c> more</c><00:00:24.439><c> than</c>

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okay so that's I'll be like more than
 

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okay so that's I'll be like more than
half<00:00:24.619><c> so</c><00:00:25.430><c> I</c><00:00:27.850><c> fascinating</c><00:00:28.850><c> also</c><00:00:29.600><c> let</c><00:00:30.020><c> me</c><00:00:30.050><c> know</c>

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half so I fascinating also let me know
 

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half so I fascinating also let me know
and<00:00:30.650><c> I</c><00:00:31.310><c> know</c><00:00:31.760><c> faster</c><00:00:32.360><c> so</c><00:00:32.540><c> I</c><00:00:32.930><c> guess</c><00:00:34.210><c> for</c><00:00:35.210><c> those</c>

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and I know faster so I guess for those
 

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and I know faster so I guess for those
who<00:00:35.510><c> don't</c><00:00:35.720><c> know</c>

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who don't know
 

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who don't know
so<00:00:36.680><c> first</c><00:00:36.920><c> question</c><00:00:37.040><c> but</c><00:00:37.400><c> what</c><00:00:37.610><c> actually</c><00:00:38.449><c> is</c><00:00:38.600><c> a</c>

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so first question but what actually is a
 

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so first question but what actually is a
 market<00:00:39.440><c> a</c><00:00:40.210><c> rich</c><00:00:41.210><c> market</c><00:00:41.570><c> is</c><00:00:41.840><c> a</c><00:00:42.729><c> market</c>

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 market a rich market is a market
 

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 market a rich market is a market
on<00:00:44.330><c> heavy</c><00:00:44.600><c> metal</c><00:00:44.870><c> in</c><00:00:45.170><c> the</c><00:00:45.229><c> future</c><00:00:45.559><c> that</c><00:00:45.769><c> is</c><00:00:46.629><c> the</c>

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on heavy metal in the future that is the
 

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on heavy metal in the future that is the
result<00:00:48.500><c> of</c><00:00:48.620><c> which</c><00:00:48.860><c> is</c><00:00:50.260><c> antia</c><00:00:51.260><c> and</c><00:00:51.589><c> again</c>

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result of which is antia and again
 

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result of which is antia and again
absolutely<00:00:52.940><c> yes</c><00:00:53.470><c> example</c><00:00:54.470><c> so</c><00:00:54.909><c> the</c><00:00:55.909><c> skillet</c>

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absolutely yes example so the skillet
 

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absolutely yes example so the skillet
Christmas<00:00:56.750><c> with</c><00:00:57.229><c> the</c><00:00:57.320><c> airplane</c><00:00:59.080><c> if</c><00:01:00.080><c> you</c><00:01:00.110><c> have</c>

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Christmas with the airplane if you have
 

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Christmas with the airplane if you have
five<00:01:00.799><c> two</c><00:01:01.190><c> now</c><00:01:01.369><c> for</c><00:01:01.610><c> 2020</c><00:01:02.330><c> and</c><00:01:03.260><c> the</c><00:01:04.000><c> others</c>

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five two now for 2020 and the others
 

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five two now for 2020 and the others
specify<00:01:06.350><c> when</c><00:01:06.560><c> you</c><00:01:06.650><c> set</c><00:01:06.860><c> up</c><00:01:06.979><c> a</c><00:01:07.010><c> market</c><00:01:08.020><c> you</c>

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specify when you set up a market you
 

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specify when you set up a market you
also<00:01:09.229><c> need</c><00:01:09.500><c> to</c><00:01:09.530><c> specify</c><00:01:09.740><c> how</c><00:01:10.280><c> you're</c><00:01:10.670><c> going</c><00:01:10.880><c> to</c>

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also need to specify how you're going to
 

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also need to specify how you're going to
resolve<00:01:11.180><c> this</c><00:01:11.570><c> so</c><00:01:11.810><c> in</c><00:01:11.960><c> this</c><00:01:12.729><c> in</c><00:01:13.729><c> this</c><00:01:14.020><c> case</c>

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resolve this so in this in this case
 

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resolve this so in this in this case
you're<00:01:15.320><c> resolving</c><00:01:15.920><c> this</c>

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you're resolving this
 

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you're resolving this
I<00:01:16.640><c> say</c><00:01:17.619><c> you</c><00:01:18.619><c> accounting</c><00:01:19.549><c> on</c><00:01:19.909><c> official</c><00:01:20.659><c> press</c>

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I say you accounting on official press
 

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I say you accounting on official press
release<00:01:20.930><c> from</c><00:01:21.380><c> the</c><00:01:21.469><c> nth</c><00:01:22.009><c> or</c><00:01:22.430><c> the</c><00:01:22.700><c> office</c><00:01:22.969><c> of</c>

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release from the nth or the office of
 

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release from the nth or the office of
the<00:01:23.329><c> mayor</c><00:01:23.659><c> of</c><00:01:23.899><c> New</c><00:01:24.109><c> York</c><00:01:24.640><c> and</c><00:01:25.640><c> so</c><00:01:26.210><c> you</c><00:01:26.270><c> have</c>

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the mayor of New York and so you have
 

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the mayor of New York and so you have
these<00:01:26.600><c> two</c><00:01:26.659><c> problems</c><00:01:27.500><c> and</c><00:01:27.890><c> pain</c><00:01:28.219><c> and</c><00:01:28.609><c> they</c>

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these two problems and pain and they
 

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these two problems and pain and they
trade<00:01:29.509><c> individually</c><00:01:30.469><c> so</c><00:01:32.020><c> anyone</c><00:01:33.100><c> they</c><00:01:34.100><c> had</c><00:01:34.310><c> up</c>

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trade individually so anyone they had up
 

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trade individually so anyone they had up
to<00:01:34.670><c> one</c><00:01:34.820><c> because</c><00:01:35.299><c> basically</c><00:01:36.109><c> at</c><00:01:36.560><c> the</c><00:01:36.979><c> time</c><00:01:37.189><c> of</c>

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to one because basically at the time of
 

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to one because basically at the time of
when<00:01:38.420><c> that</c><00:01:38.600><c> comes</c><00:01:38.869><c> true</c><00:01:39.200><c> will</c><00:01:40.130><c> pay</c><00:01:40.400><c> out</c><00:01:40.580><c> lemon</c>

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when that comes true will pay out lemon
 

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when that comes true will pay out lemon
the<00:01:41.299><c> other</c><00:01:41.420><c> one</c><00:01:41.659><c> will</c><00:01:41.930><c> not</c><00:01:42.560><c> pay</c><00:01:42.740><c> or</c><00:01:42.860><c> anything</c>

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the other one will not pay or anything
 

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the other one will not pay or anything
anytime<00:01:44.150><c> in</c><00:01:44.509><c> any</c><00:01:44.630><c> contract</c><00:01:46.450><c> some</c><00:01:47.450><c> of</c><00:01:47.600><c> these</c>

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anytime in any contract some of these
 

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anytime in any contract some of these
two<00:01:48.049><c> tokens</c><00:01:48.320><c> will</c><00:01:49.009><c> be</c><00:01:49.130><c> one</c><00:01:49.310><c> and</c><00:01:49.659><c> at</c><00:01:50.659><c> the</c>

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two tokens will be one and at the
 

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two tokens will be one and at the
resolution<00:01:52.750><c> the</c><00:01:55.420><c> value</c><00:01:56.420><c> the</c><00:01:56.600><c> market</c><00:01:56.990><c> value</c><00:01:57.350><c> of</c>

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resolution the value the market value of
 

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resolution the value the market value of
these<00:01:58.460><c> tokens</c><00:01:58.759><c> were</c><00:01:59.740><c> both</c><00:02:00.740><c> words</c><00:02:01.250><c> what</c>

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these tokens were both words what
 

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these tokens were both words what
resolution<00:02:02.570><c> is</c><00:02:02.930><c> are</c><00:02:03.110><c> actually</c><00:02:03.470><c> is</c><00:02:05.170><c> so</c><00:02:06.170><c> what</c><00:02:06.920><c> a</c>

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resolution is are actually is so what a
 

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resolution is are actually is so what a
traditional<00:02:07.970><c> market</c><00:02:08.269><c> so</c><00:02:09.080><c> a</c><00:02:09.440><c> conditional</c>

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traditional market so a conditional
 

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traditional market so a conditional
market<00:02:10.519><c> is</c><00:02:10.970><c> rich</c><00:02:11.330><c> market</c><00:02:11.870><c> that</c><00:02:12.080><c> allows</c>

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market is rich market that allows
 

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market is rich market that allows
trading<00:02:13.280><c> on</c><00:02:14.530><c> assets</c><00:02:15.530><c> that</c><00:02:15.739><c> are</c><00:02:15.920><c> contingent</c>

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trading on assets that are contingent
 

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trading on assets that are contingent
upon<00:02:17.060><c> the</c><00:02:17.330><c> size</c><00:02:17.780><c> of</c><00:02:18.170><c> allocations</c><00:02:19.239><c> let</c><00:02:20.239><c> me</c><00:02:20.420><c> go</c>

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upon the size of allocations let me go
 

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upon the size of allocations let me go
into<00:02:20.840><c> that</c><00:02:21.019><c> so</c><00:02:22.390><c> we</c><00:02:23.390><c> might</c><00:02:23.600><c> have</c><00:02:23.780><c> interview</c><00:02:24.230><c> but</c>

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into that so we might have interview but
 

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into that so we might have interview but
there<00:02:24.830><c> are</c><00:02:24.980><c> many</c><00:02:25.310><c> many</c><00:02:25.519><c> examples</c><00:02:25.850><c> of</c><00:02:26.720><c> things</c>

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there are many many examples of things
 

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there are many many examples of things
that<00:02:27.200><c> can</c><00:02:27.380><c> actually</c><00:02:27.620><c> it's</c><00:02:28.069><c> raining</c><00:02:28.430><c> so</c><00:02:29.620><c> this</c>

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that can actually it's raining so this
 

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that can actually it's raining so this
is<00:02:31.310><c> an</c><00:02:31.640><c> example</c><00:02:32.000><c> so</c><00:02:32.690><c> these</c><00:02:33.560><c> three</c><00:02:33.830><c> markets</c>

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is an example so these three markets
 

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is an example so these three markets
will<00:02:34.940><c> magically</c><00:02:35.180><c> going</c><00:02:35.959><c> without</c><00:02:36.170><c> a</c><00:02:36.350><c> minute</c><00:02:36.860><c> i</c>

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will magically going without a minute i
 

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will magically going without a minute i
november<00:02:37.790><c> 18</c><00:02:38.180><c> will</c><00:02:39.110><c> my</c><00:02:39.319><c> special</c><00:02:39.950><c> guy</c><00:02:40.100><c> over</c>

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november 18 will my special guy over
 

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november 18 will my special guy over
take<00:02:40.760><c> single</c><00:02:41.180><c> metric</c><00:02:41.480><c> i</c><00:02:41.810><c> and</c><00:02:42.049><c> how</c><00:02:42.440><c> much</c><00:02:42.650><c> dye</c><00:02:42.920><c> is</c>

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take single metric i and how much dye is
 

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take single metric i and how much dye is
generated<00:02:43.790><c> with</c><00:02:43.940><c> it</c><00:02:44.090><c> and</c><00:02:44.269><c> and</c><00:02:45.079><c> with</c><00:02:45.290><c> the</c>

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generated with it and and with the
 

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generated with it and and with the
stability<00:02:45.590><c> people</c><00:02:46.340><c> single</c><00:02:46.519><c> who</c><00:02:46.760><c> actually</c>

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stability people single who actually
 

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stability people single who actually
died<00:02:47.239><c> go</c><00:02:47.750><c> out</c><00:02:47.930><c> from</c><00:02:48.260><c> today's</c><00:02:48.650><c> and</c><00:02:48.980><c> my</c><00:02:49.130><c> 5%</c><00:02:49.549><c> to</c>

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died go out from today's and my 5% to
 

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died go out from today's and my 5% to
these<00:02:50.090><c> markets</c><00:02:50.570><c> they</c><00:02:51.019><c> they</c><00:02:51.440><c> all</c><00:02:51.650><c> work</c>

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these markets they they all work
 

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these markets they they all work
together<00:02:52.010><c> he</c><00:02:52.400><c> was</c><00:02:52.579><c> making</c><00:02:53.180><c> ourself</c><00:02:53.720><c> that</c>

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together he was making ourself that
 

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together he was making ourself that
sacred

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sacred
 

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sacred
we'll<00:02:55.760><c> run</c><00:02:56.239><c> in</c><00:02:56.420><c> parallel</c><00:02:56.719><c> with</c><00:02:57.200><c> that</c><00:02:57.620><c> when</c><00:02:57.920><c> I</c>

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we'll run in parallel with that when I
 

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we'll run in parallel with that when I
wear<00:02:58.579><c> these</c><00:02:58.790><c> six</c><00:02:59.090><c> months</c><00:02:59.409><c> so</c><00:03:00.999><c> including</c><00:03:01.999><c> the</c>

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wear these six months so including the
 

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wear these six months so including the
answers<00:03:02.739><c> these</c><00:03:03.739><c> are</c><00:03:03.920><c> all</c><00:03:04.069><c> yes/no</c><00:03:04.489><c> questions</c>

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answers these are all yes/no questions
 

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answers these are all yes/no questions
and<00:03:05.209><c> hearing</c><00:03:06.139><c> the</c><00:03:06.230><c> answers</c><00:03:06.650><c> of</c><00:03:06.829><c> these</c><00:03:07.010><c> are</c>

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and hearing the answers of these are
 

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and hearing the answers of these are
correlated<00:03:08.540><c> with</c><00:03:08.689><c> each</c><00:03:08.780><c> other</c><00:03:09.349><c> right</c><00:03:09.620><c> so</c><00:03:11.530><c> so</c>

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correlated with each other right so so
 

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correlated with each other right so so
yes<00:03:14.239><c> basically</c><00:03:14.450><c> if</c><00:03:15.139><c> you</c><00:03:15.290><c> have</c><00:03:15.469><c> no</c><00:03:15.680><c> hitting</c><00:03:15.920><c> on</c>

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yes basically if you have no hitting on
 

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yes basically if you have no hitting on
this<00:03:16.340><c> this</c><00:03:16.670><c> will</c><00:03:16.879><c> probably</c><00:03:17.150><c> influence</c><00:03:17.900><c> your</c>

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this this will probably influence your
 

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this this will probably influence your
opinion<00:03:18.799><c> on</c><00:03:19.189><c> the</c><00:03:19.310><c> other</c><00:03:19.430><c> one</c><00:03:19.670><c> and</c><00:03:19.819><c> the</c><00:03:20.000><c> next</c>

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opinion on the other one and the next
 

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opinion on the other one and the next
one<00:03:20.329><c> so</c><00:03:21.939><c> in</c><00:03:22.939><c> the</c><00:03:23.120><c> year</c><00:03:23.329><c> so</c><00:03:23.599><c> we've</c><00:03:23.780><c> we've</c><00:03:24.139><c> just</c>

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one so in the year so we've we've just
 

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one so in the year so we've we've just
put<00:03:24.889><c> out</c><00:03:25.040><c> a</c><00:03:25.069><c> new</c><00:03:25.249><c> framework</c><00:03:25.669><c> for</c><00:03:26.060><c> that</c><00:03:26.150><c> so</c><00:03:26.689><c> let</c>

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put out a new framework for that so let
 

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put out a new framework for that so let
me<00:03:27.500><c> explain</c><00:03:27.769><c> you</c><00:03:28.280><c> haven't</c><00:03:28.609><c> used</c><00:03:28.790><c> to</c><00:03:29.000><c> having</c>

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me explain you haven't used to having
 

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me explain you haven't used to having
your<00:03:29.480><c> framework</c><00:03:29.870><c> and</c><00:03:30.709><c> so</c><00:03:30.980><c> in</c><00:03:31.189><c> the</c><00:03:31.310><c> old</c>

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your framework and so in the old
 

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your framework and so in the old
framework<00:03:34.329><c> consequences</c><00:03:35.329><c> in</c><00:03:35.540><c> our</c><00:03:35.689><c> life</c><00:03:35.989><c> and</c>

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framework consequences in our life and
 

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framework consequences in our life and
you<00:03:36.799><c> put</c><00:03:37.189><c> it</c><00:03:37.310><c> into</c><00:03:37.549><c> an</c><00:03:37.790><c> event</c><00:03:38.060><c> contract</c><00:03:38.629><c> so</c>

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you put it into an event contract so
 

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you put it into an event contract so
meal<00:03:39.079><c> and</c><00:03:39.319><c> contraction</c><00:03:40.040><c> being</c><00:03:40.280><c> well</c><00:03:41.150><c> since</c><00:03:41.449><c> we</c>

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meal and contraction being well since we
 

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meal and contraction being well since we
might<00:03:41.870><c> have</c><00:03:42.230><c> to</c><00:03:42.379><c> tie</c><00:03:42.560><c> when</c><00:03:42.829><c> I</c><00:03:42.949><c> have</c><00:03:43.069><c> made</c><00:03:43.370><c> up</c><00:03:43.549><c> an</c>

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might have to tie when I have made up an
 

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might have to tie when I have made up an
evasion<00:03:44.090><c> and</c><00:03:44.719><c> then</c><00:03:45.469><c> that</c><00:03:45.709><c> would</c><00:03:46.340><c> have</c><00:03:46.549><c> two</c>

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evasion and then that would have two
 

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evasion and then that would have two
options<00:03:47.599><c> yes/no</c><00:03:48.199><c> you</c><00:03:49.010><c> know</c><00:03:49.099><c> this</c><00:03:49.250><c> is</c><00:03:49.400><c> not</c><00:03:49.519><c> STR</c>

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options yes/no you know this is not STR
 

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options yes/no you know this is not STR
conveyance<00:03:50.780><c> II</c><00:03:50.930><c> and</c><00:03:51.139><c> and</c><00:03:51.859><c> if</c><00:03:52.040><c> you</c><00:03:52.129><c> buy</c><00:03:52.340><c> a</c>

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conveyance II and and if you buy a
 

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conveyance II and and if you buy a
computer<00:03:53.049><c> and</c><00:03:54.049><c> then</c><00:03:54.739><c> each</c><00:03:55.370><c> of</c><00:03:55.400><c> these</c><00:03:55.699><c> outcomes</c>

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computer and then each of these outcomes
 

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computer and then each of these outcomes
you<00:03:56.659><c> can</c><00:03:56.870><c> trade</c><00:03:57.109><c> individually</c><00:03:59.650><c> so</c><00:04:00.650><c> each</c><00:04:00.949><c> of</c>

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you can trade individually so each of
 

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you can trade individually so each of
these<00:04:01.220><c> outcomes</c><00:04:01.459><c> actually</c><00:04:02.030><c> have</c><00:04:02.239><c> a</c><00:04:02.269><c> price</c><00:04:02.689><c> at</c>

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these outcomes actually have a price at
 

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these outcomes actually have a price at
any<00:04:03.409><c> one</c><00:04:03.680><c> time</c><00:04:03.709><c> and</c><00:04:04.220><c> you</c><00:04:04.909><c> can</c><00:04:05.090><c> always</c><00:04:05.269><c> take</c><00:04:05.659><c> a</c>

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any one time and you can always take a
 

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any one time and you can always take a
full<00:04:06.439><c> outcome</c><00:04:06.889><c> set</c><00:04:07.189><c> and</c><00:04:08.019><c> convert</c><00:04:09.019><c> it</c><00:04:09.199><c> back</c><00:04:09.229><c> to</c>

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full outcome set and convert it back to
 

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full outcome set and convert it back to
pleasure<00:04:10.009><c> and</c><00:04:10.579><c> I</c><00:04:10.729><c> can</c><00:04:11.000><c> wait</c><00:04:11.389><c> until</c><00:04:11.689><c> he</c><00:04:11.989><c> got</c>

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pleasure and I can wait until he got
 

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pleasure and I can wait until he got
this<00:04:12.290><c> result</c><00:04:12.709><c> and</c><00:04:12.949><c> then</c><00:04:13.430><c> one</c><00:04:13.609><c> of</c><00:04:13.729><c> these</c>

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this result and then one of these
 

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this result and then one of these
outcomes<00:04:14.299><c> will</c><00:04:14.509><c> pay</c><00:04:14.810><c> out</c><00:04:15.049><c> one</c><00:04:15.319><c> of</c><00:04:15.349><c> the</c><00:04:15.620><c> other</c>

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outcomes will pay out one of the other
 

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outcomes will pay out one of the other
ones<00:04:15.979><c> would</c><00:04:16.159><c> pay</c><00:04:16.430><c> out</c><00:04:16.459><c> Europe</c><00:04:16.940><c> and</c><00:04:17.299><c> there's</c>

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ones would pay out Europe and there's
 

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ones would pay out Europe and there's
difference-maker

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difference-maker
 

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difference-maker
when<00:04:20.080><c> it</c><00:04:20.230><c> was</c><00:04:20.590><c> gala</c><00:04:21.010><c> basically</c><00:04:21.640><c> you</c><00:04:21.940><c> can</c><00:04:22.120><c> go</c>

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when it was gala basically you can go
 

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when it was gala basically you can go
long<00:04:22.480><c> shorten</c><00:04:22.990><c> and</c><00:04:23.430><c> it's</c><00:04:24.430><c> not</c><00:04:24.640><c> binary</c><00:04:24.910><c> whether</c>

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long shorten and it's not binary whether
 

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long shorten and it's not binary whether
they<00:04:25.540><c> prepare</c><00:04:26.200><c> 1-0</c><00:04:26.830><c> but</c><00:04:27.010><c> they</c><00:04:27.190><c> can</c><00:04:27.370><c> pay</c><00:04:27.730><c> off</c>

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they prepare 1-0 but they can pay off
 

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they prepare 1-0 but they can pay off
somewhere<00:04:28.240><c> between</c><00:04:28.360><c> one</c><00:04:28.750><c> and</c><00:04:28.780><c> zero</c><00:04:28.930><c> basically</c>

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somewhere between one and zero basically
 

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somewhere between one and zero basically
in<00:04:29.830><c> years</c><00:04:30.100><c> exactly</c><00:04:31.410><c> and</c><00:04:32.410><c> so</c><00:04:33.190><c> they</c><00:04:33.880><c> actually</c>

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in years exactly and so they actually
 

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in years exactly and so they actually
had<00:04:34.450><c> these</c><00:04:35.100><c> nested</c><00:04:37.020><c> market</c><00:04:38.020><c> so</c><00:04:38.320><c> maybe</c><00:04:38.920><c> we</c>

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had these nested market so maybe we
 

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had these nested market so maybe we
might<00:04:39.820><c> have</c><00:04:39.970><c> left</c><00:04:40.180><c> an</c><00:04:40.360><c> angle</c><00:04:40.690><c> I</c><00:04:40.840><c> would</c><00:04:41.050><c> mean</c>

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might have left an angle I would mean
 

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might have left an angle I would mean
America<00:04:41.770><c> 18</c><00:04:42.220><c> and</c><00:04:42.550><c> we</c><00:04:42.820><c> might</c><00:04:43.060><c> actually</c><00:04:43.450><c> buy</c>

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America 18 and we might actually buy
 

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America 18 and we might actually buy
wood<00:04:44.140><c> heating</c><00:04:44.470><c> up</c><00:04:44.620><c> naturally</c><00:04:44.890><c> and</c><00:04:45.750><c> what</c><00:04:46.750><c> you</c>

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wood heating up naturally and what you
 

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wood heating up naturally and what you
will<00:04:47.140><c> in</c><00:04:47.350><c> your</c><00:04:47.380><c> back</c><00:04:48.130><c> when</c><00:04:48.160><c> you</c><00:04:48.460><c> would</c><00:04:48.610><c> have</c>

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will in your back when you would have
 

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will in your back when you would have
had<00:04:49.210><c> to</c><00:04:49.240><c> us</c><00:04:49.690><c> and</c><00:04:50.140><c> you</c><00:04:50.830><c> would</c><00:04:51.040><c> have</c><00:04:51.130><c> taken</c><00:04:51.400><c> the</c>

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had to us and you would have taken the
 

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had to us and you would have taken the
first<00:04:52.450><c> event</c><00:04:52.960><c> made</c><00:04:53.530><c> it</c><00:04:53.650><c> main</c><00:04:53.890><c> market</c><00:04:54.340><c> out</c><00:04:54.460><c> of</c>

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first event made it main market out of
 

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first event made it main market out of
it<00:04:54.730><c> so</c><00:04:55.180><c> uh</c><00:04:55.530><c> so</c><00:04:56.530><c> basically</c><00:04:56.650><c> you</c><00:04:57.130><c> can</c><00:04:57.370><c> have</c><00:04:57.810><c> India</c>

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it so uh so basically you can have India
 

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it so uh so basically you can have India
and<00:04:59.020><c> then</c><00:04:59.170><c> you</c><00:04:59.320><c> can</c><00:04:59.500><c> put</c><00:04:59.800><c> these</c><00:05:01.230><c> other</c>

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and then you can put these other
 

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and then you can put these other
proteins<00:05:02.680><c> in</c><00:05:03.070><c> to</c><00:05:03.760><c> ask</c><00:05:04.000><c> as</c><00:05:04.360><c> a</c><00:05:04.390><c> collaborative</c>

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proteins in to ask as a collaborative
 

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proteins in to ask as a collaborative
into<00:05:06.160><c> a</c><00:05:06.190><c> new</c><00:05:06.670><c> event</c><00:05:07.030><c> contractor</c><00:05:07.720><c> basically</c>

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into a new event contractor basically
 

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into a new event contractor basically
use<00:05:08.680><c> Q</c><00:05:09.130><c> instead</c><00:05:09.910><c> of</c><00:05:10.150><c> putting</c><00:05:10.690><c> either</c><00:05:11.020><c> in</c><00:05:11.590><c> the</c>

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use Q instead of putting either in the
 

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use Q instead of putting either in the
end<00:05:11.980><c> you</c><00:05:12.100><c> put</c><00:05:12.340><c> the</c><00:05:12.490><c> conditioner</c><00:05:13.210><c> or</c><00:05:13.510><c> comes</c>

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end you put the conditioner or comes
 

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end you put the conditioner or comes
over<00:05:14.320><c> we</c><00:05:14.590><c> went</c><00:05:14.800><c> in</c><00:05:15.340><c> for</c><00:05:15.370><c> the</c><00:05:15.730><c> album</c><00:05:16.210><c> trouble</c>

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over we went in for the album trouble
 

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over we went in for the album trouble
and<00:05:17.140><c> on</c><00:05:17.290><c> the</c><00:05:17.410><c> first</c><00:05:17.650><c> prediction</c><00:05:18.010><c> in</c><00:05:18.340><c> has</c>

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and on the first prediction in has
 

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and on the first prediction in has
natural<00:05:19.000><c> open</c><00:05:19.360><c> and</c><00:05:21.600><c> lately</c><00:05:22.600><c> here</c><00:05:23.440><c> the</c><00:05:24.100><c> first</c>

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natural open and lately here the first
 

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natural open and lately here the first
event<00:05:24.520><c> has</c><00:05:24.940><c> a</c><00:05:25.090><c> contingency</c><00:05:25.750><c> and</c><00:05:26.200><c> second</c>

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event has a contingency and second
 

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event has a contingency and second
should've<00:05:29.330><c> done</c><00:05:29.919><c> and</c><00:05:30.919><c> if</c><00:05:31.159><c> you</c><00:05:31.340><c> end</c><00:05:31.520><c> up</c><00:05:31.669><c> with</c>

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should've done and if you end up with
 

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should've done and if you end up with
six<00:05:32.719><c> teeth</c><00:05:32.900><c> and</c><00:05:33.050><c> a</c><00:05:33.229><c> pencil</c><00:05:33.530><c> and</c><00:05:33.889><c> in</c><00:05:34.099><c> high</c><00:05:34.310><c> and</c>

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six teeth and a pencil and in high and
 

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six teeth and a pencil and in high and
no<00:05:34.849><c> answer</c><00:05:35.210><c> and</c><00:05:36.129><c> you</c><00:05:37.129><c> may</c><00:05:37.250><c> not</c><00:05:37.460><c> respect</c><00:05:37.819><c> you</c>

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no answer and you may not respect you
 

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no answer and you may not respect you
you<00:05:38.270><c> could</c><00:05:38.539><c> also</c><00:05:38.900><c> do</c><00:05:39.199><c> this</c><00:05:39.319><c> the</c><00:05:39.590><c> exact</c><00:05:39.949><c> other</c>

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you could also do this the exact other
 

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you could also do this the exact other
way<00:05:40.370><c> around</c><00:05:40.669><c> so</c><00:05:40.909><c> you</c><00:05:41.479><c> could</c><00:05:41.750><c> also</c><00:05:41.990><c> switch</c>

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way around so you could also switch
 

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way around so you could also switch
these<00:05:42.710><c> around</c><00:05:42.740><c> and</c><00:05:43.189><c> you</c><00:05:43.280><c> could</c><00:05:43.430><c> also</c><00:05:43.580><c> say</c>

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these around and you could also say
 

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these around and you could also say
basically<00:05:45.050><c> now</c><00:05:45.289><c> head</c><00:05:45.650><c> for</c><00:05:45.680><c> a</c><00:05:46.159><c> news</c><00:05:46.430><c> event</c><00:05:46.909><c> and</c>

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basically now head for a news event and
 

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basically now head for a news event and
two<00:05:48.080><c> as</c><00:05:48.319><c> the</c><00:05:48.560><c> first</c><00:05:49.389><c> as</c><00:05:50.389><c> the</c><00:05:50.840><c> first</c><00:05:51.169><c> mayor</c><00:05:51.439><c> and</c>

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two as the first as the first mayor and
 

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two as the first as the first mayor and
I<00:05:52.550><c> get</c><00:05:52.789><c> to</c><00:05:53.979><c> twelve</c><00:05:54.979><c> movements</c><00:05:55.580><c> on</c><00:05:55.699><c> the</c><00:05:55.789><c> first</c>

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I get to twelve movements on the first
 

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I get to twelve movements on the first
layer<00:05:56.270><c> and</c><00:05:56.780><c> then</c><00:05:56.930><c> I</c><00:05:57.050><c> put</c><00:05:57.289><c> this</c><00:05:57.439><c> it</c><00:05:57.680><c> with</c><00:05:57.830><c> a</c>

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layer and then I put this it with a
 

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layer and then I put this it with a
second<00:05:58.430><c> event</c><00:05:59.240><c> contract</c><00:05:59.780><c> and</c><00:05:59.960><c> I</c><00:06:00.110><c> get</c><00:06:00.349><c> three</c>

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second event contract and I get three
 

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second event contract and I get three
outcomes<00:06:00.860><c> on</c><00:06:01.759><c> this</c><00:06:02.000><c> day</c><00:06:02.210><c> I</c><00:06:02.539><c> end</c><00:06:03.020><c> up</c><00:06:03.229><c> with</c><00:06:03.439><c> six</c>

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outcomes on this day I end up with six
 

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outcomes on this day I end up with six
of<00:06:03.919><c> India</c><00:06:04.250><c> and</c><00:06:04.759><c> the</c><00:06:05.539><c> connection</c><00:06:05.960><c> context</c><00:06:06.349><c> will</c>

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of India and the connection context will
 

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of India and the connection context will
find<00:06:07.490><c> that</c><00:06:08.029><c> is</c><00:06:08.240><c> exactly</c><00:06:08.659><c> equivalent</c>

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find that is exactly equivalent
 

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find that is exactly equivalent
basically<00:06:09.650><c> the</c><00:06:10.069><c> payoff</c><00:06:10.460><c> function</c><00:06:10.969><c> of</c><00:06:11.060><c> a</c><00:06:11.240><c> and</c>

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basically the payoff function of a and
 

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basically the payoff function of a and
hi<00:06:11.719><c> is</c><00:06:12.379><c> exactly</c><00:06:13.099><c> the</c><00:06:13.219><c> same</c><00:06:13.400><c> function</c><00:06:14.210><c> as</c><00:06:14.300><c> high</c>

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hi is exactly the same function as high
 

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hi is exactly the same function as high
a<00:06:15.729><c> and</c><00:06:16.729><c> in</c><00:06:17.150><c> this</c><00:06:17.539><c> framework</c><00:06:17.979><c> these</c><00:06:18.979><c> tokens</c><00:06:19.279><c> are</c>

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a and in this framework these tokens are
 

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a and in this framework these tokens are
not<00:06:19.729><c> fungible</c><00:06:19.969><c> so</c><00:06:20.449><c> they</c><00:06:20.599><c> don't</c><00:06:20.870><c> you</c><00:06:21.379><c> can't</c><00:06:21.650><c> the</c>

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not fungible so they don't you can't the
 

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not fungible so they don't you can't the
system<00:06:22.879><c> doesn't</c><00:06:23.210><c> know</c><00:06:23.539><c> that</c><00:06:23.870><c> it's</c><00:06:24.050><c> actually</c>

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system doesn't know that it's actually
 

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system doesn't know that it's actually
the<00:06:24.590><c> same</c><00:06:24.770><c> tokens</c><00:06:25.250><c> and</c><00:06:26.120><c> this</c><00:06:26.689><c> is</c><00:06:26.810><c> just</c><00:06:27.080><c> for</c><00:06:27.319><c> to</c>

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the same tokens and this is just for to
 

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the same tokens and this is just for to
this<00:06:28.520><c> is</c><00:06:28.639><c> just</c><00:06:28.849><c> first</c><00:06:29.029><c> two</c><00:06:29.419><c> separate</c><00:06:30.409><c> pens</c>

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this is just first two separate pens
 

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this is just first two separate pens
obviously<00:06:31.370><c> this</c><00:06:31.550><c> gets</c><00:06:32.060><c> way</c><00:06:32.389><c> worse</c><00:06:32.750><c> if</c><00:06:33.259><c> you</c><00:06:33.529><c> had</c>

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obviously this gets way worse if you had
 

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obviously this gets way worse if you had
way<00:06:34.400><c> that</c><00:06:34.779><c> don't</c><00:06:35.779><c> yes</c><00:06:36.139><c> it</c><00:06:36.319><c> is</c><00:06:36.469><c> and</c><00:06:36.770><c> we</c><00:06:37.550><c> did</c><00:06:37.879><c> this</c>

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way that don't yes it is and we did this
 

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way that don't yes it is and we did this
new<00:06:40.580><c> first</c><00:06:40.819><c> but</c><00:06:41.029><c> it's</c><00:06:41.810><c> quite</c><00:06:42.050><c> the</c><00:06:42.080><c> condition</c>

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new first but it's quite the condition
 

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new first but it's quite the condition
of<00:06:42.889><c> in</c><00:06:43.009><c> Franklin</c><00:06:43.430><c> and</c><00:06:43.729><c> and</c><00:06:44.419><c> our</c><00:06:45.199><c> at</c><00:06:45.560><c> reality</c>

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of in Franklin and and our at reality
 

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of in Franklin and and our at reality
this<00:06:46.400><c> is</c><00:06:46.610><c> you</c><00:06:46.729><c> can</c><00:06:46.909><c> specify</c><00:06:47.270><c> any</c><00:06:47.629><c> number</c>

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this is you can specify any number
 

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this is you can specify any number
so<00:06:48.800><c> in</c><00:06:48.949><c> this</c><00:06:49.039><c> case</c><00:06:49.280><c> who</c><00:06:49.699><c> would</c><00:06:49.789><c> specify</c><00:06:50.030><c> two</c>

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so in this case who would specify two
 

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so in this case who would specify two
conditions<00:06:50.960><c> the</c><00:06:51.560><c> first</c><00:06:51.830><c> one</c><00:06:52.070><c> and</c><00:06:52.310><c> has</c><00:06:53.000><c> three</c>

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conditions the first one and has three
 

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conditions the first one and has three
opposites<00:06:53.900><c> AT&amp;T</c><00:06:54.560><c> and</c><00:06:54.740><c> the</c><00:06:55.190><c> second</c><00:06:55.580><c> one</c><00:06:55.699><c> has</c>

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opposites AT&amp;T and the second one has
 

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opposites AT&amp;T and the second one has
two<00:06:56.090><c> offense</c><00:06:56.509><c> levels</c><00:06:56.990><c> are</c><00:06:57.139><c> high</c><00:06:57.410><c> and</c><00:06:57.560><c> low</c><00:06:57.710><c> and</c>

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two offense levels are high and low and
 

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two offense levels are high and low and
you<00:06:58.669><c> pick</c><00:06:58.850><c> left</c><00:06:59.180><c> open</c><00:06:59.690><c> and</c><00:06:59.810><c> put</c><00:07:00.139><c> in</c><00:07:00.320><c> and</c><00:07:00.560><c> then</c>

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you pick left open and put in and then
 

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you pick left open and put in and then
you<00:07:00.919><c> get</c><00:07:01.220><c> these</c><00:07:03.190><c> probabilities</c><00:07:07.509><c> enunciated</c>

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you get these probabilities enunciated
 

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you get these probabilities enunciated
that<00:07:08.840><c> we</c><00:07:08.960><c> only</c><00:07:09.229><c> get</c><00:07:09.500><c> one</c><00:07:09.560><c> cell</c><00:07:10.160><c> out</c><00:07:10.400><c> of</c><00:07:10.460><c> words</c>

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that we only get one cell out of words
 

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that we only get one cell out of words
so<00:07:13.660><c> what</c><00:07:14.660><c> are</c><00:07:14.810><c> the</c><00:07:14.960><c> conditional</c><00:07:15.639><c> prefer</c><00:07:16.639><c> cash</c>

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so what are the conditional prefer cash
 

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so what are the conditional prefer cash
so<00:07:17.810><c> aim</c><00:07:18.199><c> high</c><00:07:18.620><c> and</c><00:07:18.919><c> high</c><00:07:19.340><c> a</c><00:07:19.639><c> analogy</c><00:07:20.240><c> open</c><00:07:20.690><c> you</c>

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so aim high and high a analogy open you
 

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so aim high and high a analogy open you
can<00:07:21.320><c> do</c><00:07:21.500><c> a</c><00:07:21.530><c> partial</c><00:07:21.770><c> Redemption</c><00:07:22.580><c> so</c><00:07:23.270><c> really</c><00:07:23.780><c> if</c>

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can do a partial Redemption so really if
 

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can do a partial Redemption so really if
you<00:07:25.070><c> have</c><00:07:25.099><c> it</c><00:07:25.610><c> open</c>

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you have it open
 

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you have it open
aim<00:07:26.180><c> high</c><00:07:26.479><c> and</c><00:07:26.810><c> high</c><00:07:27.560><c> occurs</c><00:07:28.479><c> so</c><00:07:29.479><c> basically</c><00:07:29.840><c> I</c>

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aim high and high occurs so basically I
 

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aim high and high occurs so basically I
can<00:07:30.860><c> then</c><00:07:31.520><c> paste</c><00:07:31.849><c> the</c><00:07:32.090><c> other</c><00:07:32.360><c> ones</c><00:07:32.660><c> that</c><00:07:32.900><c> are</c>

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can then paste the other ones that are
 

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can then paste the other ones that are
low<00:07:33.229><c> they</c><00:07:33.830><c> become</c><00:07:34.400><c> white</c><00:07:34.699><c> because</c><00:07:35.120><c> no</c><00:07:35.300><c> didn't</c>

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low they become white because no didn't
 

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low they become white because no didn't
happen<00:07:36.020><c> and</c><00:07:36.500><c> other</c><00:07:36.830><c> one</c><00:07:37.070><c> that</c><00:07:37.220><c> were</c><00:07:37.430><c> high</c><00:07:38.080><c> with</c>

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happen and other one that were high with
 

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happen and other one that were high with
the<00:07:39.199><c> contrast</c><00:07:39.680><c> am</c><00:07:40.400><c> i</c><00:07:40.669><c> comes</c><00:07:41.060><c> a</c><00:07:41.300><c> in</c><00:07:41.660><c> Heineken</c>

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the contrast am i comes a in Heineken
 

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the contrast am i comes a in Heineken
speed<00:07:42.710><c> cn9</c><00:07:43.370><c> I</c><00:07:43.610><c> can</c><00:07:43.910><c> see</c><00:07:44.180><c> it</c><00:07:44.330><c> so</c><00:07:44.449><c> you</c><00:07:44.539><c> can</c>

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speed cn9 I can see it so you can
 

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speed cn9 I can see it so you can
actually<00:07:44.900><c> resolve</c><00:07:45.500><c> some</c><00:07:46.009><c> conditions</c><00:07:46.490><c> before</c>

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actually resolve some conditions before
 

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actually resolve some conditions before
other<00:07:47.030><c> conditions</c><00:07:47.660><c> without</c><00:07:47.870><c> actually</c>

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other conditions without actually
 

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other conditions without actually
strangling<00:07:48.889><c> higher</c><00:07:49.070><c> things</c>

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strangling higher things
 

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strangling higher things
what<00:07:50.599><c> you</c><00:07:50.690><c> cannot</c><00:07:50.930><c> do</c><00:07:51.139><c> is</c><00:07:51.229><c> you</c><00:07:51.349><c> can</c><00:07:51.530><c> buy</c>

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what you cannot do is you can buy
 

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what you cannot do is you can buy
glasses<00:07:51.949><c> so</c><00:07:52.639><c> you</c><00:07:52.729><c> can</c><00:07:52.909><c> say</c><00:07:53.060><c> I</c><00:07:53.120><c> would</c><00:07:53.690><c> like</c><00:07:53.870><c> to</c>

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glasses so you can say I would like to
 

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glasses so you can say I would like to
buy<00:07:54.199><c> not</c><00:07:54.500><c> a</c><00:07:54.680><c> so</c><00:07:55.330><c> so</c><00:07:56.330><c> I</c><00:07:56.360><c> basically</c><00:07:57.229><c> I</c><00:07:57.440><c> would</c><00:07:57.680><c> like</c>

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buy not a so so I basically I would like
 

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buy not a so so I basically I would like
my<00:07:58.070><c> B</c><00:07:58.490><c> and</c><00:07:58.729><c> C</c><00:07:59.710><c> instead</c><00:08:00.710><c> positions</c><00:08:01.220><c> the</c><00:08:01.849><c> very</c>

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my B and C instead positions the very
 

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my B and C instead positions the very
historic<00:08:02.870><c> have</c><00:08:03.880><c> the</c><00:08:04.880><c> two</c><00:08:05.180><c> specified</c>

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historic have the two specified
 

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historic have the two specified
conditions<00:08:06.320><c> they</c><00:08:06.590><c> have</c><00:08:06.949><c> and</c><00:08:07.370><c> why</c><00:08:08.360><c> and</c><00:08:08.750><c> you</c><00:08:09.320><c> can</c>

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conditions they have and why and you can
 

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conditions they have and why and you can
depend<00:08:10.099><c> another</c><00:08:11.030><c> condition</c><00:08:11.599><c> saying</c><00:08:12.050><c> with</c><00:08:12.229><c> the</c>

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depend another condition saying with the
 

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depend another condition saying with the
three<00:08:12.740><c> outcomes</c><00:08:12.979><c> that's</c><00:08:13.400><c> one</c><00:08:13.639><c> two</c><00:08:13.789><c> and</c><00:08:13.880><c> three</c>

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three outcomes that's one two and three
 

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three outcomes that's one two and three
and<00:08:14.360><c> then</c><00:08:14.419><c> you</c><00:08:14.810><c> will</c><00:08:14.990><c> get</c><00:08:15.139><c> to</c><00:08:15.380><c> get</c><00:08:15.560><c> a</c><00:08:15.740><c> by</c><00:08:16.280><c> 1/8</c><00:08:17.270><c> y2</c>

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and then you will get to get a by 1/8 y2
 

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and then you will get to get a by 1/8 y2
and<00:08:20.669><c> you</c><00:08:21.510><c> can</c><00:08:21.720><c> nurse</c><00:08:21.990><c> position</c><00:08:22.590><c> so</c><00:08:22.830><c> basically</c>

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and you can nurse position so basically
 

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and you can nurse position so basically
if<00:08:23.340><c> you</c><00:08:23.490><c> have</c><00:08:23.669><c> if</c><00:08:24.570><c> you</c><00:08:24.720><c> actually</c><00:08:24.870><c> have</c><00:08:25.169><c> hold</c><00:08:25.380><c> it</c>

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if you have if you actually have hold it
 

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if you have if you actually have hold it
one<00:08:25.650><c> of</c><00:08:25.770><c> these</c><00:08:25.919><c> will</c><00:08:26.639><c> be</c><00:08:26.730><c> screen</c><00:08:27.120><c> out</c><00:08:27.330><c> so</c><00:08:27.870><c> you</c>

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one of these will be screen out so you
 

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one of these will be screen out so you
have<00:08:28.169><c> a</c><00:08:28.919><c> my</c><00:08:29.820><c> one</c><00:08:30.060><c> being</c><00:08:30.360><c> wired</c><00:08:30.600><c> to</c><00:08:30.810><c> where</c><00:08:30.960><c> you</c>

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have a my one being wired to where you
 

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have a my one being wired to where you
might<00:08:31.169><c> read</c><00:08:31.470><c> you</c><00:08:31.800><c> can</c><00:08:31.949><c> actually</c><00:08:32.130><c> just</c><00:08:32.490><c> get</c><00:08:32.669><c> you</c>

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might read you can actually just get you
 

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might read you can actually just get you
a<00:08:32.880><c> my</c><00:08:33.300><c> token</c><00:08:33.750><c> better</c><00:08:35.300><c> how</c><00:08:36.300><c> does</c><00:08:36.479><c> it</c><00:08:36.570><c> work</c><00:08:36.779><c> so</c>

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a my token better how does it work so
 

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a my token better how does it work so
it's<00:08:38.039><c> actually</c><00:08:38.400><c> one</c><00:08:40.820><c> it</c><00:08:41.820><c> kind</c><00:08:42.000><c> of</c><00:08:42.120><c> goes</c><00:08:42.360><c> a</c>

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it's actually one it kind of goes a
 

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it's actually one it kind of goes a
little<00:08:42.659><c> bit</c><00:08:42.900><c> against</c><00:08:45.200><c> traditional</c><00:08:46.610><c> smart</c>

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little bit against traditional smart
 

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little bit against traditional smart
contract<00:08:48.270><c> designs</c><00:08:48.690><c> but</c><00:08:48.930><c> it's</c><00:08:49.170><c> actually</c><00:08:49.470><c> just</c>

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contract designs but it's actually just
 

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contract designs but it's actually just
one<00:08:50.600><c> speak</c><00:08:51.600><c> smart</c><00:08:52.050><c> contract</c><00:08:52.589><c> to</c><00:08:53.130><c> which</c><00:08:53.250><c> anyone</c>

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one speak smart contract to which anyone
 

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one speak smart contract to which anyone
can<00:08:54.180><c> attend</c><00:08:54.690><c> conditions</c><00:08:55.560><c> so</c><00:08:58.160><c> the</c><00:09:01.100><c> market</c><00:09:02.100><c> one</c>

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can attend conditions so the market one
 

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can attend conditions so the market one
big<00:09:02.850><c> advantage</c><00:09:03.089><c> of</c><00:09:03.420><c> this</c><00:09:03.630><c> is</c><00:09:04.140><c> that</c><00:09:05.270><c> there</c><00:09:06.270><c> are</c>

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big advantage of this is that there are
 

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big advantage of this is that there are
tremendous<00:09:07.130><c> gas</c><00:09:08.130><c> improvements</c><00:09:08.940><c> and</c><00:09:09.110><c> the</c><00:09:10.110><c> and</c>

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tremendous gas improvements and the and
 

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tremendous gas improvements and the and
you<00:09:11.100><c> can</c><00:09:11.310><c> actually</c><00:09:11.490><c> see</c><00:09:11.910><c> that</c><00:09:12.320><c> token</c><00:09:13.320><c> that</c>

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you can actually see that token that
 

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you can actually see that token that
should<00:09:13.770><c> be</c><00:09:13.950><c> found</c><00:09:14.190><c> a</c><00:09:14.310><c> book</c><00:09:14.490><c> how</c><00:09:14.940><c> to</c><00:09:15.300><c> put</c><00:09:15.690><c> funny</c>

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should be found a book how to put funny
 

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should be found a book how to put funny
work<00:09:16.440><c> because</c><00:09:17.040><c> they</c><00:09:17.250><c> are</c><00:09:17.520><c> identical</c>

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work because they are identical
 

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work because they are identical
absolutely<00:09:19.790><c> whenever</c><00:09:20.790><c> you</c><00:09:20.880><c> actually</c><00:09:21.240><c> add</c><00:09:21.890><c> and</c>

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absolutely whenever you actually add and
 

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absolutely whenever you actually add and
events<00:09:23.490><c> or</c><00:09:24.529><c> any</c><00:09:25.529><c> registry</c><00:09:26.190><c> entry</c><00:09:26.580><c> to</c><00:09:26.820><c> this</c><00:09:27.000><c> is</c>

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events or any registry entry to this is
 

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events or any registry entry to this is
my<00:09:27.480><c> contract</c><00:09:27.959><c> you</c><00:09:28.830><c> can</c><00:09:29.010><c> specify</c><00:09:29.550><c> a</c><00:09:30.180><c> maximum</c><00:09:30.959><c> of</c>

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my contract you can specify a maximum of
 

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my contract you can specify a maximum of
twenty<00:09:31.950><c> two</c><00:09:32.100><c> hundred</c><00:09:32.130><c> fifty</c><00:09:32.730><c> six</c><00:09:33.170><c> Comstock</c>

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twenty two hundred fifty six Comstock
 

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twenty two hundred fifty six Comstock
starts<00:09:34.650><c> prior</c><00:09:34.980><c> condition</c><00:09:35.720><c> and</c><00:09:36.720><c> this</c><00:09:37.050><c> is</c>

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starts prior condition and this is
 

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starts prior condition and this is
commissioners<00:09:37.830><c> they</c><00:09:38.250><c> are</c><00:09:38.339><c> no</c><00:09:38.490><c> fees</c><00:09:38.839><c> and</c>

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commissioners they are no fees and
 

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commissioners they are no fees and
anything<00:09:40.470><c> can</c><00:09:40.680><c> be</c><00:09:40.830><c> said</c><00:09:41.070><c> specified</c><00:09:41.640><c> at</c><00:09:41.820><c> the</c>

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anything can be said specified at the
 

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anything can be said specified at the
market<00:09:42.360><c> by</c><00:09:42.540><c> the</c><00:09:42.570><c> customer</c><00:09:43.200><c> actually</c><00:09:43.350><c> pens</c><00:09:43.800><c> to</c>

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market by the customer actually pens to
 

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market by the customer actually pens to
that<00:09:44.370><c> contract</c><00:09:44.850><c> so</c><00:09:45.000><c> this</c><00:09:45.150><c> is</c><00:09:45.270><c> this</c><00:09:45.720><c> is</c>

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that contract so this is this is
 

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that contract so this is this is
something<00:09:46.020><c> it's</c><00:09:46.320><c> a</c><00:09:46.470><c> spin</c><00:09:47.010><c> on</c><00:09:47.160><c> it</c><00:09:47.279><c> and</c><00:09:47.790><c> you</c><00:09:48.540><c> can</c>

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something it's a spin on it and you can
 

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something it's a spin on it and you can
you<00:09:49.230><c> can</c><00:09:49.440><c> add</c><00:09:49.980><c> your</c><00:09:50.190><c> own</c><00:09:50.310><c> conditions</c><00:09:50.880><c> to</c><00:09:51.029><c> death</c>

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you can add your own conditions to death
 

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you can add your own conditions to death
if<00:09:51.750><c> you</c><00:09:51.900><c> choose</c><00:09:52.140><c> to</c><00:09:52.260><c> do</c><00:09:52.380><c> so</c>

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if you choose to do so
 

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if you choose to do so
and<00:09:53.870><c> so</c><00:09:54.870><c> let's</c><00:09:55.170><c> go</c><00:09:55.350><c> back</c><00:09:55.380><c> to</c><00:09:55.680><c> this</c><00:09:56.070><c> example</c><00:09:56.430><c> so</c>

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and so let's go back to this example so
 

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and so let's go back to this example so
so<00:09:58.830><c> now</c><00:09:59.459><c> at</c><00:09:59.730><c> least</c><00:09:59.940><c> three</c><00:10:00.150><c> markets</c><00:10:00.540><c> and</c><00:10:00.750><c> SV</c>

00:10:01.800 --> 00:10:01.810 align:start position:0%
so now at least three markets and SV
 

00:10:01.810 --> 00:10:06.769 align:start position:0%
so now at least three markets and SV
ah<00:10:01.950><c> yes</c><00:10:02.950><c> no</c><00:10:03.220><c> much</c><00:10:03.610><c> so</c><00:10:05.130><c> how</c><00:10:06.130><c> many</c><00:10:06.190><c> atomic</c>

00:10:06.769 --> 00:10:06.779 align:start position:0%
ah yes no much so how many atomic
 

00:10:06.779 --> 00:10:10.680 align:start position:0%
ah yes no much so how many atomic
outcomes<00:10:07.779><c> whatever</c><00:10:08.820><c> just</c><00:10:09.820><c> to</c><00:10:09.970><c> Cooper</c><00:10:10.240><c> 3</c><00:10:10.420><c> right</c>

00:10:10.680 --> 00:10:10.690 align:start position:0%
outcomes whatever just to Cooper 3 right
 

00:10:10.690 --> 00:10:12.780 align:start position:0%
outcomes whatever just to Cooper 3 right
so<00:10:10.870><c> basically</c><00:10:11.020><c> 2</c><00:10:11.500><c> times</c><00:10:11.740><c> 2</c><00:10:11.920><c> times</c><00:10:12.100><c> 2</c><00:10:12.400><c> so</c><00:10:12.610><c> that</c>

00:10:12.780 --> 00:10:12.790 align:start position:0%
so basically 2 times 2 times 2 so that
 

00:10:12.790 --> 00:10:16.110 align:start position:0%
so basically 2 times 2 times 2 so that
would<00:10:13.000><c> be</c><00:10:13.180><c> yes</c><00:10:13.779><c> yes</c><00:10:14.050><c> yes</c><00:10:14.290><c> yes</c><00:10:14.800><c> yes</c><00:10:15.040><c> no</c><00:10:15.100><c> yes</c><00:10:15.850><c> no</c>

00:10:16.110 --> 00:10:16.120 align:start position:0%
would be yes yes yes yes yes no yes no
 

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would be yes yes yes yes yes no yes no
yes<00:10:16.150><c> yes</c><00:10:16.750><c> no</c><00:10:16.810><c> no</c><00:10:17.050><c> that</c><00:10:17.410><c> one</c><00:10:17.710><c> so</c><00:10:17.980><c> that's</c><00:10:18.339><c> it</c><00:10:18.930><c> and</c>

00:10:19.920 --> 00:10:19.930 align:start position:0%
yes yes no no that one so that's it and
 

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yes yes no no that one so that's it and
these<00:10:20.770><c> 8</c><00:10:21.070><c> atomic</c><00:10:21.730><c> probabilities</c><00:10:22.420><c> of</c><00:10:22.690><c> what</c><00:10:22.960><c> we</c>

00:10:23.280 --> 00:10:23.290 align:start position:0%
these 8 atomic probabilities of what we
 

00:10:23.290 --> 00:10:25.650 align:start position:0%
these 8 atomic probabilities of what we
have<00:10:23.589><c> in</c><00:10:23.620><c> the</c><00:10:23.920><c> future</c><00:10:24.180><c> this</c><00:10:25.180><c> is</c><00:10:25.300><c> actually</c>

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have in the future this is actually
 

00:10:25.660 --> 00:10:28.079 align:start position:0%
have in the future this is actually
going<00:10:25.779><c> to</c><00:10:25.960><c> give</c><00:10:26.110><c> you</c><00:10:26.520><c> so</c><00:10:27.520><c> basically</c><00:10:27.700><c> these</c>

00:10:28.079 --> 00:10:28.089 align:start position:0%
going to give you so basically these
 

00:10:28.089 --> 00:10:30.540 align:start position:0%
going to give you so basically these
these<00:10:28.480><c> probabilities</c><00:10:29.230><c> the</c><00:10:29.680><c> a</c><00:10:29.710><c> probabilities</c>

00:10:30.540 --> 00:10:30.550 align:start position:0%
these probabilities the a probabilities
 

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these probabilities the a probabilities
of<00:10:30.760><c> what</c><00:10:31.089><c> could</c><00:10:31.360><c> happen</c><00:10:31.540><c> in</c><00:10:31.810><c> the</c><00:10:31.839><c> futures</c>

00:10:32.190 --> 00:10:32.200 align:start position:0%
of what could happen in the futures
 

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of what could happen in the futures
future

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future
 

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future
these<00:10:33.460><c> are</c><00:10:33.700><c> actually</c><00:10:34.029><c> going</c><00:10:34.210><c> to</c><00:10:34.360><c> be</c>

00:10:34.470 --> 00:10:34.480 align:start position:0%
these are actually going to be
 

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these are actually going to be
consistent<00:10:35.290><c> so</c><00:10:36.220><c> basically</c><00:10:36.610><c> if</c><00:10:36.970><c> one</c><00:10:37.360><c> of</c><00:10:37.510><c> these</c>

00:10:37.650 --> 00:10:37.660 align:start position:0%
consistent so basically if one of these
 

00:10:37.660 --> 00:10:44.130 align:start position:0%
consistent so basically if one of these
changes<00:10:38.260><c> so</c><00:10:38.470><c> if</c><00:10:39.930><c> say</c><00:10:42.570><c> obviously</c><00:10:43.570><c> these</c><00:10:43.960><c> are</c>

00:10:44.130 --> 00:10:44.140 align:start position:0%
changes so if say obviously these are
 

00:10:44.140 --> 00:10:46.440 align:start position:0%
changes so if say obviously these are
correlated<00:10:44.620><c> so</c><00:10:44.830><c> if</c><00:10:45.250><c> my</c><00:10:45.430><c> collection</c><00:10:46.029><c> guy</c><00:10:46.180><c> does</c>

00:10:46.440 --> 00:10:46.450 align:start position:0%
correlated so if my collection guy does
 

00:10:46.450 --> 00:10:49.079 align:start position:0%
correlated so if my collection guy does
not<00:10:46.660><c> go</c><00:10:46.960><c> like</c><00:10:47.170><c> my</c><00:10:47.740><c> people</c><00:10:47.950><c> Ahmed</c><00:10:48.370><c> I</c><00:10:48.520><c> will</c><00:10:48.880><c> not</c>

00:10:49.079 --> 00:10:49.089 align:start position:0%
not go like my people Ahmed I will not
 

00:10:49.089 --> 00:10:51.120 align:start position:0%
not go like my people Ahmed I will not
overtake<00:10:49.480><c> single</c><00:10:50.050><c> pressure</c><00:10:50.350><c> guy</c><00:10:50.680><c> either</c>

00:10:51.120 --> 00:10:51.130 align:start position:0%
overtake single pressure guy either
 

00:10:51.130 --> 00:10:53.250 align:start position:0%
overtake single pressure guy either
so<00:10:51.550><c> basically</c><00:10:51.880><c> lifts</c><00:10:52.300><c> the</c><00:10:52.450><c> probability</c><00:10:53.020><c> for</c>

00:10:53.250 --> 00:10:53.260 align:start position:0%
so basically lifts the probability for
 

00:10:53.260 --> 00:10:55.800 align:start position:0%
so basically lifts the probability for
this<00:10:53.410><c> change</c><00:10:53.770><c> then</c><00:10:54.310><c> automatically</c><00:10:55.180><c> the</c>

00:10:55.800 --> 00:10:55.810 align:start position:0%
this change then automatically the
 

00:10:55.810 --> 00:10:58.560 align:start position:0%
this change then automatically the
probability<00:10:56.500><c> for</c><00:10:56.740><c> this</c><00:10:56.890><c> changes</c><00:10:57.570><c> depending</c>

00:10:58.560 --> 00:10:58.570 align:start position:0%
probability for this changes depending
 

00:10:58.570 --> 00:11:01.890 align:start position:0%
probability for this changes depending
on<00:10:58.720><c> how</c><00:10:59.020><c> the</c><00:10:59.080><c> market</c><00:10:59.470><c> actually</c><00:11:00.750><c> traded</c><00:11:01.750><c> his</c>

00:11:01.890 --> 00:11:01.900 align:start position:0%
on how the market actually traded his
 

00:11:01.900 --> 00:11:07.920 align:start position:0%
on how the market actually traded his
previous<00:11:02.470><c> view</c><00:11:03.360><c> and</c><00:11:05.160><c> I</c><00:11:06.160><c> bet</c><00:11:06.880><c> I</c><00:11:07.180><c> give</c><00:11:07.690><c> I</c><00:11:07.900><c> give</c>

00:11:07.920 --> 00:11:07.930 align:start position:0%
previous view and I bet I give I give
 

00:11:07.930 --> 00:11:14.160 align:start position:0%
previous view and I bet I give I give
you<00:11:10.500><c> yes</c><00:11:12.030><c> this</c><00:11:13.030><c> is</c><00:11:13.210><c> when</c><00:11:13.540><c> you</c><00:11:13.630><c> guys</c><00:11:13.750><c> do</c><00:11:13.990><c> better</c>

00:11:14.160 --> 00:11:14.170 align:start position:0%
you yes this is when you guys do better
 

00:11:14.170 --> 00:11:19.980 align:start position:0%
you yes this is when you guys do better
than<00:11:14.410><c> that</c><00:11:14.440><c> and</c><00:11:16.410><c> so</c><00:11:17.410><c> it</c><00:11:17.589><c> is</c><00:11:18.120><c> this</c><00:11:19.120><c> is</c><00:11:19.360><c> a</c>

00:11:19.980 --> 00:11:19.990 align:start position:0%
than that and so it is this is a
 

00:11:19.990 --> 00:11:22.230 align:start position:0%
than that and so it is this is a
different<00:11:20.470><c> example</c><00:11:20.680><c> I'm</c><00:11:20.920><c> sorry</c><00:11:21.160><c> I</c><00:11:21.250><c> should</c>

00:11:22.230 --> 00:11:22.240 align:start position:0%
different example I'm sorry I should
 

00:11:22.240 --> 00:11:24.240 align:start position:0%
different example I'm sorry I should
have<00:11:22.270><c> used</c><00:11:22.780><c> the</c><00:11:22.960><c> same</c><00:11:23.200><c> so</c><00:11:23.650><c> we</c><00:11:23.770><c> see</c><00:11:23.830><c> here</c><00:11:24.100><c> the</c>

00:11:24.240 --> 00:11:24.250 align:start position:0%
have used the same so we see here the
 

00:11:24.250 --> 00:11:25.660 align:start position:0%
have used the same so we see here the
questions<00:11:24.640><c> I</c><00:11:24.790><c> will</c>

00:11:25.660 --> 00:11:25.670 align:start position:0%
questions I will
 

00:11:25.670 --> 00:11:29.280 align:start position:0%
questions I will
you<00:11:26.530><c> sacrifice</c><00:11:27.530><c> of</c><00:11:27.710><c> October</c><00:11:28.250><c> with</c><00:11:28.520><c> no</c><00:11:28.730><c> yet</c>

00:11:29.280 --> 00:11:29.290 align:start position:0%
you sacrifice of October with no yet
 

00:11:29.290 --> 00:11:32.410 align:start position:0%
you sacrifice of October with no yet
with<00:11:30.290><c> a</c><00:11:30.320><c> vote</c><00:11:30.620><c> of</c><00:11:30.650><c> no</c><00:11:30.980><c> confidence</c><00:11:31.010><c> of</c><00:11:31.910><c> imagine</c>

00:11:32.410 --> 00:11:32.420 align:start position:0%
with a vote of no confidence of imagine
 

00:11:32.420 --> 00:11:34.540 align:start position:0%
with a vote of no confidence of imagine
humanity's<00:11:33.170><c> government</c><00:11:33.860><c> be</c><00:11:34.040><c> passed</c><00:11:34.280><c> before</c>

00:11:34.540 --> 00:11:34.550 align:start position:0%
humanity's government be passed before
 

00:11:34.550 --> 00:11:37.270 align:start position:0%
humanity's government be passed before
the<00:11:34.880><c> manifesto</c><00:11:35.510><c> October</c><00:11:35.990><c> and</c><00:11:36.320><c> with</c><00:11:36.950><c> it</c><00:11:37.130><c> your</c>

00:11:37.270 --> 00:11:37.280 align:start position:0%
the manifesto October and with it your
 

00:11:37.280 --> 00:11:38.860 align:start position:0%
the manifesto October and with it your
heart<00:11:37.550><c> would</c><00:11:37.820><c> it</c><00:11:37.940><c> be</c><00:11:38.000><c> to</c><00:11:38.090><c> be</c><00:11:38.180><c> Northern</c><00:11:38.510><c> Ireland</c>

00:11:38.860 --> 00:11:38.870 align:start position:0%
heart would it be to be Northern Ireland
 

00:11:38.870 --> 00:11:40.540 align:start position:0%
heart would it be to be Northern Ireland
and<00:11:39.050><c> the</c><00:11:39.290><c> Republic</c><00:11:39.410><c> of</c><00:11:39.830><c> Ireland</c><00:11:40.040><c> on</c><00:11:40.460><c> the</c>

00:11:40.540 --> 00:11:40.550 align:start position:0%
and the Republic of Ireland on the
 

00:11:40.550 --> 00:11:42.160 align:start position:0%
and the Republic of Ireland on the
faculty<00:11:40.790><c> member</c><00:11:41.240><c> so</c><00:11:41.360><c> obviously</c><00:11:41.720><c> these</c><00:11:41.930><c> are</c>

00:11:42.160 --> 00:11:42.170 align:start position:0%
faculty member so obviously these are
 

00:11:42.170 --> 00:11:46.240 align:start position:0%
faculty member so obviously these are
began<00:11:42.680><c> its</c><00:11:43.190><c> range</c><00:11:43.690><c> so</c><00:11:44.690><c> what</c><00:11:44.870><c> you</c><00:11:44.990><c> can</c><00:11:45.110><c> do</c><00:11:45.350><c> now</c>

00:11:46.240 --> 00:11:46.250 align:start position:0%
began its range so what you can do now
 

00:11:46.250 --> 00:11:50.560 align:start position:0%
began its range so what you can do now
as<00:11:47.260><c> you</c><00:11:48.260><c> can</c><00:11:48.470><c> say</c><00:11:48.680><c> I</c><00:11:48.710><c> want</c><00:11:49.130><c> to</c><00:11:49.190><c> have</c><00:11:49.880><c> this</c><00:11:50.120><c> yes</c>

00:11:50.560 --> 00:11:50.570 align:start position:0%
as you can say I want to have this yes
 

00:11:50.570 --> 00:11:54.190 align:start position:0%
as you can say I want to have this yes
in<00:11:50.840><c> this</c><00:11:51.020><c> test</c><00:11:51.320><c> no</c><00:11:52.130><c> and</c><00:11:52.460><c> then</c><00:11:53.420><c> it'll</c><00:11:53.690><c> give</c><00:11:53.990><c> you</c>

00:11:54.190 --> 00:11:54.200 align:start position:0%
in this test no and then it'll give you
 

00:11:54.200 --> 00:11:58.480 align:start position:0%
in this test no and then it'll give you
the<00:11:56.110><c> payout</c><00:11:57.110><c> structure</c><00:11:57.470><c> surveys</c><00:11:58.010><c> the</c><00:11:58.280><c> West</c>

00:11:58.480 --> 00:11:58.490 align:start position:0%
the payout structure surveys the West
 

00:11:58.490 --> 00:12:00.940 align:start position:0%
the payout structure surveys the West
when<00:11:59.060><c> is</c><00:11:59.180><c> going</c><00:11:59.510><c> to</c><00:11:59.630><c> pay</c><00:11:59.810><c> up</c><00:11:59.960><c> it</c><00:12:00.320><c> is</c><00:12:00.560><c> going</c><00:12:00.770><c> to</c>

00:12:00.940 --> 00:12:00.950 align:start position:0%
when is going to pay up it is going to
 

00:12:00.950 --> 00:12:03.250 align:start position:0%
when is going to pay up it is going to
pay<00:12:01.160><c> out</c><00:12:01.400><c> if</c><00:12:01.970><c> this</c><00:12:02.270><c> is</c><00:12:02.480><c> yes</c><00:12:02.690><c> and</c><00:12:02.870><c> this</c><00:12:02.960><c> is</c><00:12:03.110><c> no</c>

00:12:03.250 --> 00:12:03.260 align:start position:0%
pay out if this is yes and this is no
 

00:12:03.260 --> 00:12:04.840 align:start position:0%
pay out if this is yes and this is no
and<00:12:03.440><c> it's</c><00:12:03.560><c> going</c><00:12:03.830><c> to</c><00:12:04.010><c> you're</c><00:12:04.160><c> going</c><00:12:04.340><c> to</c><00:12:04.550><c> lose</c>

00:12:04.840 --> 00:12:04.850 align:start position:0%
and it's going to you're going to lose
 

00:12:04.850 --> 00:12:07.570 align:start position:0%
and it's going to you're going to lose
the<00:12:05.480><c> investment</c><00:12:06.020><c> if</c><00:12:06.200><c> either</c><00:12:06.890><c> the</c><00:12:07.190><c> first</c><00:12:07.430><c> one</c>

00:12:07.570 --> 00:12:07.580 align:start position:0%
the investment if either the first one
 

00:12:07.580 --> 00:12:10.750 align:start position:0%
the investment if either the first one
is<00:12:07.670><c> no</c><00:12:07.850><c> for</c><00:12:08.300><c> the</c><00:12:08.540><c> second</c><00:12:08.960><c> one</c><00:12:09.110><c> and</c><00:12:09.800><c> this</c><00:12:10.100><c> yes</c>

00:12:10.750 --> 00:12:10.760 align:start position:0%
is no for the second one and this yes
 

00:12:10.760 --> 00:12:14.500 align:start position:0%
is no for the second one and this yes
one<00:12:11.480><c> cannot</c><00:12:12.070><c> specify</c><00:12:13.070><c> this</c><00:12:13.310><c> one</c><00:12:13.610><c> so</c><00:12:13.850><c> well</c><00:12:14.360><c> then</c>

00:12:14.500 --> 00:12:14.510 align:start position:0%
one cannot specify this one so well then
 

00:12:14.510 --> 00:12:18.100 align:start position:0%
one cannot specify this one so well then
you<00:12:14.660><c> have</c><00:12:14.840><c> wouldn't</c><00:12:15.260><c> say</c><00:12:15.440><c> no</c><00:12:16.300><c> okay</c><00:12:17.300><c> so</c><00:12:17.750><c> what</c>

00:12:18.100 --> 00:12:18.110 align:start position:0%
you have wouldn't say no okay so what
 

00:12:18.110 --> 00:12:19.570 align:start position:0%
you have wouldn't say no okay so what
you<00:12:18.170><c> cannot</c><00:12:18.440><c> do</c><00:12:18.710><c> now</c><00:12:18.920><c> is</c><00:12:18.980><c> you</c><00:12:19.130><c> can</c><00:12:19.160><c> make</c><00:12:19.460><c> this</c>

00:12:19.570 --> 00:12:19.580 align:start position:0%
you cannot do now is you can make this
 

00:12:19.580 --> 00:12:27.030 align:start position:0%
you cannot do now is you can make this
traditional<00:12:20.210><c> so</c><00:12:21.310><c> say</c><00:12:23.860><c> now</c><00:12:24.860><c> this</c><00:12:25.190><c> bit</c><00:12:25.520><c> is</c><00:12:25.790><c> as</c><00:12:26.000><c> if</c>

00:12:27.030 --> 00:12:27.040 align:start position:0%
traditional so say now this bit is as if
 

00:12:27.040 --> 00:12:29.760 align:start position:0%
traditional so say now this bit is as if
Britain<00:12:28.040><c> leaves</c><00:12:28.070><c> the</c><00:12:28.490><c> European</c><00:12:29.150><c> Union</c><00:12:29.510><c> on</c><00:12:29.720><c> the</c>

00:12:29.760 --> 00:12:29.770 align:start position:0%
Britain leaves the European Union on the
 

00:12:29.770 --> 00:12:34.600 align:start position:0%
Britain leaves the European Union on the
first<00:12:30.770><c> of</c><00:12:30.860><c> October</c><00:12:30.980><c> with</c><00:12:31.460><c> no</c><00:12:31.640><c> gear</c><00:12:31.970><c> and</c><00:12:33.610><c> with</c>

00:12:34.600 --> 00:12:34.610 align:start position:0%
first of October with no gear and with
 

00:12:34.610 --> 00:12:39.040 align:start position:0%
first of October with no gear and with
that<00:12:34.970><c> you</c><00:12:35.180><c> harder</c><00:12:35.690><c> to</c><00:12:35.990><c> be</c><00:12:37.750><c> successful</c><00:12:38.750><c> but</c>

00:12:39.040 --> 00:12:39.050 align:start position:0%
that you harder to be successful but
 

00:12:39.050 --> 00:12:40.720 align:start position:0%
that you harder to be successful but
within<00:12:39.500><c> your</c><00:12:39.920><c> heart</c><00:12:40.130><c> would</c><00:12:40.400><c> be</c><00:12:40.490><c> between</c>

00:12:40.720 --> 00:12:40.730 align:start position:0%
within your heart would be between
 

00:12:40.730 --> 00:12:42.790 align:start position:0%
within your heart would be between
Northern<00:12:41.210><c> Ireland</c><00:12:41.720><c> and</c><00:12:41.840><c> the</c><00:12:41.900><c> Republic</c><00:12:42.260><c> of</c>

00:12:42.790 --> 00:12:42.800 align:start position:0%
Northern Ireland and the Republic of
 

00:12:42.800 --> 00:12:45.240 align:start position:0%
Northern Ireland and the Republic of
Ireland<00:12:43.210><c> on</c>

00:12:45.240 --> 00:12:45.250 align:start position:0%
Ireland on
 

00:12:45.250 --> 00:12:49.410 align:start position:0%
Ireland on
of<00:12:45.310><c> November</c><00:12:45.880><c> and</c><00:12:46.320><c> you</c><00:12:47.430><c> can</c><00:12:48.430><c> now</c><00:12:48.790><c> specify</c><00:12:49.120><c> this</c>

00:12:49.410 --> 00:12:49.420 align:start position:0%
of November and you can now specify this
 

00:12:49.420 --> 00:12:53.640 align:start position:0%
of November and you can now specify this
and<00:12:50.280><c> again</c><00:12:51.280><c> give</c><00:12:52.060><c> you</c><00:12:52.300><c> a</c><00:12:52.330><c> heart</c><00:12:53.080><c> structure</c><00:12:53.500><c> so</c>

00:12:53.640 --> 00:12:53.650 align:start position:0%
and again give you a heart structure so
 

00:12:53.650 --> 00:12:56.220 align:start position:0%
and again give you a heart structure so
basically<00:12:53.980><c> if</c><00:12:54.850><c> this</c><00:12:55.090><c> happens</c><00:12:55.570><c> then</c><00:12:55.960><c> you've</c>

00:12:56.220 --> 00:12:56.230 align:start position:0%
basically if this happens then you've
 

00:12:56.230 --> 00:12:59.130 align:start position:0%
basically if this happens then you've
taken<00:12:56.470><c> a</c><00:12:56.650><c> position</c><00:12:56.860><c> among</c><00:12:57.370><c> this</c><00:12:57.580><c> market</c><00:12:58.140><c> but</c>

00:12:59.130 --> 00:12:59.140 align:start position:0%
taken a position among this market but
 

00:12:59.140 --> 00:13:03.060 align:start position:0%
taken a position among this market but
if<00:12:59.410><c> this</c><00:12:59.620><c> doesn't</c><00:12:59.920><c> happen</c><00:13:00.780><c> if</c><00:13:02.070><c> Britain</c>

00:13:03.060 --> 00:13:03.070 align:start position:0%
if this doesn't happen if Britain
 

00:13:03.070 --> 00:13:05.520 align:start position:0%
if this doesn't happen if Britain
doesn't<00:13:03.490><c> even</c><00:13:03.640><c> know</c><00:13:04.510><c> that</c><00:13:04.540><c> you</c><00:13:04.930><c> festival</c><00:13:05.350><c> oh</c>

00:13:05.520 --> 00:13:05.530 align:start position:0%
doesn't even know that you festival oh
 

00:13:05.530 --> 00:13:07.770 align:start position:0%
doesn't even know that you festival oh
no<00:13:05.590><c> we've</c><00:13:05.830><c> not</c><00:13:06.010><c> yet</c><00:13:06.250><c> then</c><00:13:07.180><c> if</c><00:13:07.300><c> you</c><00:13:07.360><c> just</c><00:13:07.390><c> get</c><00:13:07.750><c> a</c>

00:13:07.770 --> 00:13:07.780 align:start position:0%
no we've not yet then if you just get a
 

00:13:07.780 --> 00:13:09.720 align:start position:0%
no we've not yet then if you just get a
refund<00:13:08.230><c> on</c><00:13:08.740><c> your</c><00:13:08.770><c> prediction</c><00:13:09.340><c> so</c><00:13:09.460><c> basically</c>

00:13:09.720 --> 00:13:09.730 align:start position:0%
refund on your prediction so basically
 

00:13:09.730 --> 00:13:12.450 align:start position:0%
refund on your prediction so basically
you<00:13:09.880><c> can</c><00:13:10.090><c> place</c><00:13:10.450><c> a</c><00:13:10.780><c> prediction</c><00:13:11.710><c> on</c><00:13:11.980><c> something</c>

00:13:12.450 --> 00:13:12.460 align:start position:0%
you can place a prediction on something
 

00:13:12.460 --> 00:13:14.460 align:start position:0%
you can place a prediction on something
that<00:13:12.610><c> doesn't</c><00:13:13.120><c> necessarily</c><00:13:13.240><c> happen</c><00:13:14.050><c> really</c>

00:13:14.460 --> 00:13:14.470 align:start position:0%
that doesn't necessarily happen really
 

00:13:14.470 --> 00:13:19.320 align:start position:0%
that doesn't necessarily happen really
it's<00:13:14.740><c> just</c><00:13:14.820><c> it's</c><00:13:15.820><c> a</c><00:13:15.940><c> contingent</c><00:13:16.540><c> thing</c><00:13:18.330><c> yeah</c>

00:13:19.320 --> 00:13:19.330 align:start position:0%
it's just it's a contingent thing yeah
 

00:13:19.330 --> 00:13:22.560 align:start position:0%
it's just it's a contingent thing yeah
so<00:13:19.540><c> basically</c><00:13:20.400><c> this</c><00:13:21.400><c> is</c><00:13:21.460><c> obviously</c><00:13:22.000><c> it</c><00:13:22.150><c> mainly</c>

00:13:22.560 --> 00:13:22.570 align:start position:0%
so basically this is obviously it mainly
 

00:13:22.570 --> 00:13:24.210 align:start position:0%
so basically this is obviously it mainly
put<00:13:22.780><c> interface</c><00:13:23.260><c> but</c><00:13:23.470><c> this</c><00:13:23.590><c> is</c><00:13:23.740><c> super</c><00:13:24.070><c> hard</c>

00:13:24.210 --> 00:13:24.220 align:start position:0%
put interface but this is super hard
 

00:13:24.220 --> 00:13:27.150 align:start position:0%
put interface but this is super hard
just<00:13:24.700><c> because</c><00:13:24.820><c> it's</c><00:13:25.630><c> not</c><00:13:26.020><c> an</c><00:13:26.230><c> even</c><00:13:26.650><c> for</c><00:13:26.890><c> a</c>

00:13:27.150 --> 00:13:27.160 align:start position:0%
just because it's not an even for a
 

00:13:27.160 --> 00:13:28.890 align:start position:0%
just because it's not an even for a
simple<00:13:27.490><c> bridge</c><00:13:27.880><c> market</c><00:13:28.300><c> making</c><00:13:28.480><c> a</c><00:13:28.660><c> good</c>

00:13:28.890 --> 00:13:28.900 align:start position:0%
simple bridge market making a good
 

00:13:28.900 --> 00:13:32.460 align:start position:0%
simple bridge market making a good
interface<00:13:29.860><c> is</c><00:13:30.190><c> high</c><00:13:30.340><c> so</c><00:13:30.880><c> this</c><00:13:31.570><c> is</c><00:13:31.810><c> this</c><00:13:32.410><c> is</c>

00:13:32.460 --> 00:13:32.470 align:start position:0%
interface is high so this is this is
 

00:13:32.470 --> 00:13:35.100 align:start position:0%
interface is high so this is this is
currently<00:13:33.040><c> still</c><00:13:33.310><c> very</c><00:13:33.970><c> much</c><00:13:34.180><c> feature</c>

00:13:35.100 --> 00:13:35.110 align:start position:0%
currently still very much feature
 

00:13:35.110 --> 00:13:43.290 align:start position:0%
currently still very much feature
product<00:13:35.530><c> and</c><00:13:36.010><c> then</c><00:13:36.640><c> you</c><00:13:36.670><c> go</c><00:13:36.880><c> back</c><00:13:37.090><c> to</c><00:13:42.240><c> how</c><00:13:43.240><c> does</c>

00:13:43.290 --> 00:13:43.300 align:start position:0%
product and then you go back to how does
 

00:13:43.300 --> 00:13:47.130 align:start position:0%
product and then you go back to how does
it<00:13:43.540><c> tie</c><00:13:43.840><c> into</c><00:13:44.080><c> a</c><00:13:44.350><c> few</c><00:13:44.560><c> tacky</c><00:13:44.770><c> so</c><00:13:45.340><c> basically</c><00:13:46.140><c> can</c>

00:13:47.130 --> 00:13:47.140 align:start position:0%
it tie into a few tacky so basically can
 

00:13:47.140 --> 00:13:48.960 align:start position:0%
it tie into a few tacky so basically can
we<00:13:47.290><c> do</c><00:13:47.590><c> a</c><00:13:47.620><c> quick</c><00:13:47.920><c> show</c><00:13:48.130><c> of</c><00:13:48.250><c> hands</c><00:13:48.490><c> again</c><00:13:48.790><c> who</c>

00:13:48.960 --> 00:13:48.970 align:start position:0%
we do a quick show of hands again who
 

00:13:48.970 --> 00:13:57.420 align:start position:0%
we do a quick show of hands again who
knows<00:13:49.150><c> what</c><00:13:49.540><c> what</c><00:13:49.960><c> few</c><00:13:50.290><c> happiest</c><00:13:56.430><c> two</c>

00:13:57.420 --> 00:13:57.430 align:start position:0%
knows what what few happiest two
 

00:13:57.430 --> 00:13:59.970 align:start position:0%
knows what what few happiest two
tangents<00:13:58.000><c> basically</c><00:13:59.410><c> magnet</c><00:13:59.650><c> for</c>

00:13:59.970 --> 00:13:59.980 align:start position:0%
tangents basically magnet for
 

00:13:59.980 --> 00:14:02.100 align:start position:0%
tangents basically magnet for
governments<00:14:00.400><c> so</c><00:14:00.940><c> basically</c><00:14:01.210><c> what</c><00:14:01.480><c> you</c><00:14:01.600><c> do</c><00:14:01.720><c> is</c>

00:14:02.100 --> 00:14:02.110 align:start position:0%
governments so basically what you do is
 

00:14:02.110 --> 00:14:07.530 align:start position:0%
governments so basically what you do is
you<00:14:03.930><c> do</c><00:14:04.930><c> create</c><00:14:05.320><c> a</c><00:14:05.440><c> market</c><00:14:06.040><c> on</c><00:14:06.310><c> a</c><00:14:07.000><c> question</c>

00:14:07.530 --> 00:14:07.540 align:start position:0%
you do create a market on a question
 

00:14:07.540 --> 00:14:09.300 align:start position:0%
you do create a market on a question
that<00:14:07.570><c> you</c><00:14:07.839><c> would</c><00:14:07.960><c> like</c><00:14:08.020><c> to</c><00:14:08.440><c> find</c><00:14:08.650><c> an</c><00:14:08.800><c> answer</c><00:14:08.980><c> on</c>

00:14:09.300 --> 00:14:09.310 align:start position:0%
that you would like to find an answer on
 

00:14:09.310 --> 00:14:12.750 align:start position:0%
that you would like to find an answer on
and<00:14:09.520><c> you</c><00:14:09.850><c> specify</c><00:14:10.150><c> a</c><00:14:10.480><c> metric</c><00:14:11.020><c> for</c><00:14:11.460><c> which</c><00:14:12.460><c> you</c>

00:14:12.750 --> 00:14:12.760 align:start position:0%
and you specify a metric for which you
 

00:14:12.760 --> 00:14:15.800 align:start position:0%
and you specify a metric for which you
would<00:14:12.910><c> like</c><00:14:13.089><c> to</c><00:14:13.150><c> optimize</c><00:14:14.010><c> your</c><00:14:15.010><c> decision</c><00:14:15.520><c> and</c>

00:14:15.800 --> 00:14:15.810 align:start position:0%
would like to optimize your decision and
 

00:14:15.810 --> 00:14:18.840 align:start position:0%
would like to optimize your decision and
then<00:14:16.810><c> you</c><00:14:17.110><c> let</c><00:14:17.290><c> keep</c><00:14:18.130><c> your</c><00:14:18.250><c> trade</c><00:14:18.460><c> of</c><00:14:18.670><c> this</c>

00:14:18.840 --> 00:14:18.850 align:start position:0%
then you let keep your trade of this
 

00:14:18.850 --> 00:14:21.270 align:start position:0%
then you let keep your trade of this
market<00:14:19.210><c> and</c><00:14:20.020><c> in</c><00:14:20.350><c> the</c><00:14:20.500><c> end</c><00:14:20.620><c> you</c><00:14:20.770><c> actually</c><00:14:20.890><c> use</c>

00:14:21.270 --> 00:14:21.280 align:start position:0%
market and in the end you actually use
 

00:14:21.280 --> 00:14:24.590 align:start position:0%
market and in the end you actually use
this<00:14:21.550><c> data</c><00:14:21.850><c> through</c><00:14:22.390><c> to</c><00:14:22.990><c> to</c><00:14:23.350><c> make</c><00:14:23.920><c> a</c>

00:14:24.590 --> 00:14:24.600 align:start position:0%
this data through to to make a
 

00:14:24.600 --> 00:14:28.160 align:start position:0%
this data through to to make a
what<00:14:25.500><c> I</c><00:14:25.829><c> would</c><00:14:26.759><c> actually</c><00:14:26.940><c> like</c><00:14:27.269><c> to</c><00:14:27.329><c> do</c><00:14:27.540><c> so</c><00:14:27.990><c> this</c>

00:14:28.160 --> 00:14:28.170 align:start position:0%
what I would actually like to do so this
 

00:14:28.170 --> 00:14:30.170 align:start position:0%
what I would actually like to do so this
is<00:14:28.290><c> something</c><00:14:28.440><c> that's</c><00:14:28.589><c> going</c><00:14:28.949><c> to</c><00:14:29.040><c> be</c><00:14:29.220><c> big</c><00:14:29.910><c> and</c>

00:14:30.170 --> 00:14:30.180 align:start position:0%
is something that's going to be big and
 

00:14:30.180 --> 00:14:32.269 align:start position:0%
is something that's going to be big and
ours<00:14:30.480><c> and</c><00:14:30.899><c> I</c><00:14:31.199><c> learned</c><00:14:31.410><c> it's</c><00:14:31.529><c> a</c><00:14:31.680><c> nice</c><00:14:31.920><c> and</c>

00:14:32.269 --> 00:14:32.279 align:start position:0%
ours and I learned it's a nice and
 

00:14:32.279 --> 00:14:34.519 align:start position:0%
ours and I learned it's a nice and
decision-making<00:14:33.089><c> and</c><00:14:33.569><c> let</c><00:14:34.110><c> me</c><00:14:34.199><c> give</c><00:14:34.350><c> you</c><00:14:34.500><c> a</c>

00:14:34.519 --> 00:14:34.529 align:start position:0%
decision-making and let me give you a
 

00:14:34.529 --> 00:14:38.629 align:start position:0%
decision-making and let me give you a
concrete<00:14:34.889><c> example</c><00:14:36.949><c> okay</c><00:14:37.949><c> so</c><00:14:38.009><c> they</c><00:14:38.610><c> have</c>

00:14:38.629 --> 00:14:38.639 align:start position:0%
concrete example okay so they have
 

00:14:38.639 --> 00:14:41.920 align:start position:0%
concrete example okay so they have
company<00:14:39.300><c> and</c><00:14:39.420><c> I</c><00:14:40.019><c> I</c><00:14:40.649><c> have</c><00:14:41.100><c> the</c><00:14:41.220><c> CEO</c><00:14:41.610><c> and</c>

00:14:41.920 --> 00:14:41.930 align:start position:0%
company and I I have the CEO and
 

00:14:41.930 --> 00:14:44.749 align:start position:0%
company and I I have the CEO and
basically<00:14:42.930><c> the</c><00:14:43.110><c> company</c><00:14:43.500><c> we</c><00:14:44.339><c> wondering</c>

00:14:44.749 --> 00:14:44.759 align:start position:0%
basically the company we wondering
 

00:14:44.759 --> 00:14:46.490 align:start position:0%
basically the company we wondering
whether<00:14:45.000><c> we</c><00:14:45.089><c> should</c><00:14:45.329><c> hire</c><00:14:45.569><c> a</c><00:14:45.720><c> CEO</c><00:14:46.050><c> so</c>

00:14:46.490 --> 00:14:46.500 align:start position:0%
whether we should hire a CEO so
 

00:14:46.500 --> 00:14:50.689 align:start position:0%
whether we should hire a CEO so
basically<00:14:47.310><c> then</c><00:14:47.579><c> we</c><00:14:47.730><c> find</c><00:14:48.060><c> a</c><00:14:49.220><c> metric</c><00:14:50.220><c> that</c><00:14:50.399><c> you</c>

00:14:50.689 --> 00:14:50.699 align:start position:0%
basically then we find a metric that you
 

00:14:50.699 --> 00:14:52.970 align:start position:0%
basically then we find a metric that you
would<00:14:50.940><c> like</c><00:14:51.120><c> to</c><00:14:51.240><c> ask</c><00:14:51.360><c> my</c><00:14:51.630><c> squats</c><00:14:51.959><c> on</c><00:14:52.170><c> yes</c><00:14:52.410><c> and</c>

00:14:52.970 --> 00:14:52.980 align:start position:0%
would like to ask my squats on yes and
 

00:14:52.980 --> 00:14:54.620 align:start position:0%
would like to ask my squats on yes and
what<00:14:53.250><c> would</c><00:14:53.430><c> the</c><00:14:53.519><c> quantity</c><00:14:54.029><c> bracket</c><00:14:54.329><c> you</c><00:14:54.449><c> be</c>

00:14:54.620 --> 00:14:54.630 align:start position:0%
what would the quantity bracket you be
 

00:14:54.630 --> 00:14:56.900 align:start position:0%
what would the quantity bracket you be
if<00:14:54.930><c> we</c><00:14:55.110><c> fire</c><00:14:55.350><c> the</c><00:14:55.649><c> CEO</c><00:14:55.829><c> but</c><00:14:56.279><c> we</c><00:14:56.399><c> don't</c><00:14:56.639><c> find</c>

00:14:56.900 --> 00:14:56.910 align:start position:0%
if we fire the CEO but we don't find
 

00:14:56.910 --> 00:14:57.470 align:start position:0%
if we fire the CEO but we don't find
Osito

00:14:57.470 --> 00:14:57.480 align:start position:0%
Osito
 

00:14:57.480 --> 00:14:59.420 align:start position:0%
Osito
that's<00:14:57.959><c> what</c><00:14:58.170><c> we're</c><00:14:58.319><c> going</c><00:14:58.500><c> to</c><00:14:58.709><c> about</c><00:14:59.009><c> a</c><00:14:59.040><c> mask</c>

00:14:59.420 --> 00:14:59.430 align:start position:0%
that's what we're going to about a mask
 

00:14:59.430 --> 00:15:01.160 align:start position:0%
that's what we're going to about a mask
we<00:14:59.519><c> could</c><00:14:59.670><c> also</c><00:14:59.819><c> optimize</c><00:15:00.269><c> something</c><00:15:00.600><c> else</c><00:15:00.930><c> so</c>

00:15:01.160 --> 00:15:01.170 align:start position:0%
we could also optimize something else so
 

00:15:01.170 --> 00:15:03.050 align:start position:0%
we could also optimize something else so
say<00:15:01.380><c> you</c><00:15:01.769><c> could</c><00:15:01.949><c> optimize</c><00:15:02.279><c> my</c><00:15:02.699><c> employee</c>

00:15:03.050 --> 00:15:03.060 align:start position:0%
say you could optimize my employee
 

00:15:03.060 --> 00:15:08.780 align:start position:0%
say you could optimize my employee
happiness<00:15:03.360><c> buttons</c><00:15:05.269><c> so</c><00:15:06.269><c> we</c><00:15:07.079><c> mean</c><00:15:07.860><c> that</c><00:15:08.009><c> in</c><00:15:08.459><c> any</c>

00:15:08.780 --> 00:15:08.790 align:start position:0%
happiness buttons so we mean that in any
 

00:15:08.790 --> 00:15:13.210 align:start position:0%
happiness buttons so we mean that in any
type<00:15:09.029><c> of</c><00:15:09.060><c> us</c><00:15:09.480><c> we</c><00:15:09.630><c> create</c><00:15:09.959><c> market</c><00:15:10.529><c> so</c><00:15:11.519><c> what</c><00:15:11.790><c> is</c>

00:15:13.210 --> 00:15:13.220 align:start position:0%
type of us we create market so what is
 

00:15:13.220 --> 00:15:15.410 align:start position:0%
type of us we create market so what is
would<00:15:14.220><c> you</c><00:15:14.430><c> rather</c><00:15:14.639><c> you're</c><00:15:14.910><c> going</c><00:15:15.149><c> to</c><00:15:15.269><c> be</c>

00:15:15.410 --> 00:15:15.420 align:start position:0%
would you rather you're going to be
 

00:15:15.420 --> 00:15:18.499 align:start position:0%
would you rather you're going to be
given<00:15:16.199><c> than</c><00:15:16.410><c> defiantly</c><00:15:17.100><c> the</c><00:15:17.310><c> CEO</c><00:15:17.940><c> and</c><00:15:18.209><c> what's</c>

00:15:18.499 --> 00:15:18.509 align:start position:0%
given than defiantly the CEO and what's
 

00:15:18.509 --> 00:15:19.910 align:start position:0%
given than defiantly the CEO and what's
the<00:15:18.720><c> truth</c><00:15:18.930><c> here</c><00:15:19.199><c> and</c><00:15:19.440><c> you're</c><00:15:19.529><c> going</c><00:15:19.680><c> to</c><00:15:19.800><c> be</c>

00:15:19.910 --> 00:15:19.920 align:start position:0%
the truth here and you're going to be
 

00:15:19.920 --> 00:15:21.920 align:start position:0%
the truth here and you're going to be
given<00:15:20.220><c> that</c><00:15:20.339><c> we</c><00:15:20.459><c> don't</c><00:15:20.579><c> I</c><00:15:20.850><c> the</c><00:15:20.910><c> CEO</c><00:15:21.269><c> and</c><00:15:21.569><c> then</c>

00:15:21.920 --> 00:15:21.930 align:start position:0%
given that we don't I the CEO and then
 

00:15:21.930 --> 00:15:24.829 align:start position:0%
given that we don't I the CEO and then
we<00:15:22.079><c> see</c><00:15:22.319><c> which</c><00:15:22.529><c> one</c><00:15:22.769><c> of</c><00:15:22.800><c> these</c><00:15:23.540><c> works</c><00:15:24.540><c> are</c>

00:15:24.829 --> 00:15:24.839 align:start position:0%
we see which one of these works are
 

00:15:24.839 --> 00:15:29.210 align:start position:0%
we see which one of these works are
better<00:15:25.639><c> and</c><00:15:26.639><c> we</c><00:15:27.630><c> use</c><00:15:27.930><c> this</c><00:15:28.259><c> to</c><00:15:28.680><c> actually</c><00:15:28.860><c> make</c>

00:15:29.210 --> 00:15:29.220 align:start position:0%
better and we use this to actually make
 

00:15:29.220 --> 00:15:31.309 align:start position:0%
better and we use this to actually make
the<00:15:29.430><c> decision</c><00:15:29.459><c> of</c><00:15:30.060><c> whether</c><00:15:30.660><c> we</c><00:15:30.899><c> should</c><00:15:31.110><c> file</c>

00:15:31.309 --> 00:15:31.319 align:start position:0%
the decision of whether we should file
 

00:15:31.319 --> 00:15:36.850 align:start position:0%
the decision of whether we should file
see<00:15:31.649><c> me</c><00:15:31.709><c> also</c><00:15:32.130><c> over</c><00:15:32.399><c> here</c><00:15:33.439><c> and</c><00:15:34.439><c> turns</c><00:15:34.800><c> out</c><00:15:35.100><c> that</c>

00:15:36.850 --> 00:15:36.860 align:start position:0%
see me also over here and turns out that
 

00:15:36.860 --> 00:15:40.429 align:start position:0%
see me also over here and turns out that
the<00:15:37.860><c> month</c><00:15:38.130><c> believes</c><00:15:38.579><c> that</c><00:15:38.910><c> if</c><00:15:39.810><c> we</c><00:15:40.019><c> find</c><00:15:40.259><c> the</c>

00:15:40.429 --> 00:15:40.439 align:start position:0%
the month believes that if we find the
 

00:15:40.439 --> 00:15:44.179 align:start position:0%
the month believes that if we find the
CEO<00:15:40.860><c> the</c><00:15:41.899><c> quality</c><00:15:42.899><c> revenue</c><00:15:43.290><c> will</c><00:15:43.470><c> go</c><00:15:43.500><c> up</c><00:15:43.740><c> so</c><00:15:44.040><c> we</c>

00:15:44.179 --> 00:15:44.189 align:start position:0%
CEO the quality revenue will go up so we
 

00:15:44.189 --> 00:15:46.490 align:start position:0%
CEO the quality revenue will go up so we
fire<00:15:44.459><c> the</c><00:15:44.730><c> CEO</c><00:15:44.910><c> of</c><00:15:45.060><c> people</c><00:15:45.600><c> who</c><00:15:45.750><c> said</c><00:15:46.019><c> who</c>

00:15:46.490 --> 00:15:46.500 align:start position:0%
fire the CEO of people who said who
 

00:15:46.500 --> 00:15:49.160 align:start position:0%
fire the CEO of people who said who
trade<00:15:46.920><c> on</c><00:15:47.130><c> a</c><00:15:47.189><c> sunny</c><00:15:47.490><c> market</c><00:15:47.910><c> so</c><00:15:48.149><c> what's</c><00:15:48.959><c> going</c>

00:15:49.160 --> 00:15:49.170 align:start position:0%
trade on a sunny market so what's going
 

00:15:49.170 --> 00:15:51.100 align:start position:0%
trade on a sunny market so what's going
to<00:15:49.259><c> happen</c><00:15:49.350><c> to</c><00:15:49.769><c> the</c><00:15:49.860><c> party</c><00:15:50.310><c> ready</c><00:15:50.490><c> movie</c>

00:15:51.100 --> 00:15:51.110 align:start position:0%
to happen to the party ready movie
 

00:15:51.110 --> 00:15:53.410 align:start position:0%
to happen to the party ready movie
fancy<00:15:51.680><c> or</c><00:15:51.860><c> they'll</c><00:15:52.190><c> just</c><00:15:52.220><c> be</c><00:15:52.670><c> refunded</c><00:15:53.209><c> and</c>

00:15:53.410 --> 00:15:53.420 align:start position:0%
fancy or they'll just be refunded and
 

00:15:53.420 --> 00:15:56.230 align:start position:0%
fancy or they'll just be refunded and
everyone<00:15:53.959><c> traded</c><00:15:54.470><c> on</c><00:15:54.680><c> this</c><00:15:54.860><c> market</c><00:15:55.850><c> given</c>

00:15:56.230 --> 00:15:56.240 align:start position:0%
everyone traded on this market given
 

00:15:56.240 --> 00:16:00.460 align:start position:0%
everyone traded on this market given
that<00:15:56.269><c> we</c><00:15:56.600><c> fire</c><00:15:56.810><c> the</c><00:15:56.990><c> CEO</c><00:15:57.320><c> they</c><00:15:58.089><c> will</c><00:15:59.200><c> make</c><00:16:00.200><c> a</c>

00:16:00.460 --> 00:16:00.470 align:start position:0%
that we fire the CEO they will make a
 

00:16:00.470 --> 00:16:04.120 align:start position:0%
that we fire the CEO they will make a
profit<00:16:00.560><c> or</c><00:16:00.980><c> loss</c><00:16:01.450><c> based</c><00:16:02.450><c> on</c><00:16:02.690><c> the</c><00:16:03.649><c> quality</c><00:16:04.070><c> of</c>

00:16:04.120 --> 00:16:04.130 align:start position:0%
profit or loss based on the quality of
 

00:16:04.130 --> 00:16:08.050 align:start position:0%
profit or loss based on the quality of
therapy<00:16:04.550><c> nutrition</c><00:16:05.170><c> soul</c><00:16:06.170><c> is</c><00:16:06.760><c> why</c><00:16:07.760><c> our</c>

00:16:08.050 --> 00:16:08.060 align:start position:0%
therapy nutrition soul is why our
 

00:16:08.060 --> 00:16:10.000 align:start position:0%
therapy nutrition soul is why our
petition<00:16:08.690><c> token</c><00:16:09.019><c> is</c><00:16:09.110><c> important</c><00:16:09.560><c> for</c><00:16:09.649><c> us</c><00:16:09.829><c> and</c>

00:16:10.000 --> 00:16:10.010 align:start position:0%
petition token is important for us and
 

00:16:10.010 --> 00:16:12.610 align:start position:0%
petition token is important for us and
so<00:16:10.490><c> we</c><00:16:10.610><c> see</c><00:16:10.839><c> for</c><00:16:11.839><c> this</c><00:16:12.050><c> kind</c><00:16:12.320><c> of</c><00:16:12.350><c> decision</c>

00:16:12.610 --> 00:16:12.620 align:start position:0%
so we see for this kind of decision
 

00:16:12.620 --> 00:16:15.009 align:start position:0%
so we see for this kind of decision
making<00:16:12.920><c> having</c><00:16:13.550><c> a</c><00:16:13.670><c> consistent</c><00:16:14.180><c> view</c><00:16:14.720><c> on</c><00:16:14.870><c> the</c>

00:16:15.009 --> 00:16:15.019 align:start position:0%
making having a consistent view on the
 

00:16:15.019 --> 00:16:18.190 align:start position:0%
making having a consistent view on the
futures<00:16:15.440><c> actually</c><00:16:15.800><c> super</c><00:16:16.190><c> good</c><00:16:17.029><c> so</c><00:16:17.510><c> if</c><00:16:17.690><c> you</c>

00:16:18.190 --> 00:16:18.200 align:start position:0%
futures actually super good so if you
 

00:16:18.200 --> 00:16:20.050 align:start position:0%
futures actually super good so if you
have<00:16:18.410><c> different</c><00:16:18.800><c> continuing</c><00:16:19.459><c> events</c><00:16:19.850><c> in</c><00:16:19.970><c> the</c>

00:16:20.050 --> 00:16:20.060 align:start position:0%
have different continuing events in the
 

00:16:20.060 --> 00:16:22.630 align:start position:0%
have different continuing events in the
future<00:16:20.529><c> or</c><00:16:21.529><c> different</c><00:16:21.920><c> events</c><00:16:22.130><c> that</c><00:16:22.490><c> are</c>

00:16:22.630 --> 00:16:22.640 align:start position:0%
future or different events that are
 

00:16:22.640 --> 00:16:25.509 align:start position:0%
future or different events that are
correlated<00:16:22.910><c> having</c><00:16:23.899><c> one</c><00:16:24.290><c> consistent</c><00:16:25.279><c> you</c><00:16:25.490><c> are</c>

00:16:25.509 --> 00:16:25.519 align:start position:0%
correlated having one consistent you are
 

00:16:25.519 --> 00:16:27.730 align:start position:0%
correlated having one consistent you are
the<00:16:25.790><c> future</c><00:16:26.180><c> on</c><00:16:26.630><c> which</c><00:16:26.990><c> to</c><00:16:27.200><c> actually</c><00:16:27.529><c> base</c>

00:16:27.730 --> 00:16:27.740 align:start position:0%
the future on which to actually base
 

00:16:27.740 --> 00:16:29.980 align:start position:0%
the future on which to actually base
these<00:16:28.100><c> decisions</c><00:16:28.160><c> on</c><00:16:28.880><c> and</c><00:16:29.480><c> where</c><00:16:29.690><c> is</c><00:16:29.839><c> your</c>

00:16:29.980 --> 00:16:29.990 align:start position:0%
these decisions on and where is your
 

00:16:29.990 --> 00:16:32.769 align:start position:0%
these decisions on and where is your
information<00:16:30.440><c> actually</c><00:16:30.890><c> feeds</c><00:16:31.339><c> into</c><00:16:32.060><c> giving</c>

00:16:32.769 --> 00:16:32.779 align:start position:0%
information actually feeds into giving
 

00:16:32.779 --> 00:16:35.530 align:start position:0%
information actually feeds into giving
you<00:16:32.959><c> an</c><00:16:33.110><c> accurate</c><00:16:33.820><c> depiction</c><00:16:34.820><c> of</c><00:16:34.970><c> the</c><00:16:35.180><c> future</c>

00:16:35.530 --> 00:16:35.540 align:start position:0%
you an accurate depiction of the future
 

00:16:35.540 --> 00:16:40.480 align:start position:0%
you an accurate depiction of the future
and<00:16:35.660><c> how</c><00:16:35.750><c> will</c><00:16:35.990><c> be</c><00:16:36.140><c> faced</c><00:16:36.410><c> with</c><00:16:36.440><c> Superboy</c><00:16:39.459><c> yeah</c>

00:16:40.480 --> 00:16:40.490 align:start position:0%
and how will be faced with Superboy yeah
 

00:16:40.490 --> 00:16:43.120 align:start position:0%
and how will be faced with Superboy yeah
so<00:16:40.940><c> this</c><00:16:41.149><c> is</c><00:16:41.269><c> a</c><00:16:42.079><c> useful</c><00:16:42.260><c> manner</c><00:16:42.649><c> of</c><00:16:42.769><c> the</c><00:16:42.829><c> future</c>

00:16:43.120 --> 00:16:43.130 align:start position:0%
so this is a useful manner of the future
 

00:16:43.130 --> 00:16:45.670 align:start position:0%
so this is a useful manner of the future
probability<00:16:43.700><c> space</c><00:16:44.500><c> regularity</c><00:16:45.500><c> and</c>

00:16:45.670 --> 00:16:45.680 align:start position:0%
probability space regularity and
 

00:16:45.680 --> 00:16:48.040 align:start position:0%
probability space regularity and
consistency<00:16:46.490><c> so</c><00:16:46.670><c> basically</c><00:16:47.089><c> if</c><00:16:47.510><c> one</c><00:16:47.779><c> thing</c><00:16:47.990><c> is</c>

00:16:48.040 --> 00:16:48.050 align:start position:0%
consistency so basically if one thing is
 

00:16:48.050 --> 00:16:49.660 align:start position:0%
consistency so basically if one thing is
very<00:16:48.110><c> change</c><00:16:48.589><c> to</c><00:16:48.740><c> actually</c><00:16:48.890><c> want</c><00:16:49.220><c> everything</c>

00:16:49.660 --> 00:16:49.670 align:start position:0%
very change to actually want everything
 

00:16:49.670 --> 00:16:51.400 align:start position:0%
very change to actually want everything
else<00:16:49.820><c> in</c><00:16:50.029><c> the</c><00:16:50.149><c> model</c><00:16:50.300><c> to</c><00:16:50.480><c> change</c><00:16:50.779><c> according</c><00:16:51.260><c> to</c>

00:16:51.400 --> 00:16:51.410 align:start position:0%
else in the model to change according to
 

00:16:51.410 --> 00:16:54.900 align:start position:0%
else in the model to change according to
how<00:16:51.649><c> these</c><00:16:51.860><c> things</c><00:16:52.070><c> are</c><00:16:52.310><c> related</c><00:16:52.459><c> right</c>

00:16:54.900 --> 00:16:54.910 align:start position:0%
 
 

00:16:54.910 --> 00:17:01.850 align:start position:0%
 
okay<00:16:55.910><c> so</c><00:16:56.360><c> then</c><00:16:57.260><c> quickly</c><00:16:57.649><c> check</c><00:16:57.860><c> how</c><00:16:58.010><c> much</c><00:16:58.130><c> ten</c>

00:17:01.850 --> 00:17:01.860 align:start position:0%
 
 

00:17:01.860 --> 00:17:08.429 align:start position:0%
 
fine<00:17:04.560><c> so</c><00:17:06.120><c> the</c><00:17:07.120><c> framework</c><00:17:07.390><c> Network</c><00:17:08.020><c> about</c><00:17:08.319><c> the</c>

00:17:08.429 --> 00:17:08.439 align:start position:0%
fine so the framework Network about the
 

00:17:08.439 --> 00:17:10.439 align:start position:0%
fine so the framework Network about the
conditional<00:17:08.920><c> Ito</c><00:17:09.220><c> very</c><00:17:09.520><c> much</c><00:17:09.730><c> that's</c><00:17:10.000><c> open</c>

00:17:10.439 --> 00:17:10.449 align:start position:0%
conditional Ito very much that's open
 

00:17:10.449 --> 00:17:12.240 align:start position:0%
conditional Ito very much that's open
anyone<00:17:10.900><c> can</c><00:17:11.079><c> attend</c><00:17:11.439><c> to</c><00:17:11.530><c> this</c><00:17:11.650><c> anyone</c><00:17:12.040><c> who</c>

00:17:12.240 --> 00:17:12.250 align:start position:0%
anyone can attend to this anyone who
 

00:17:12.250 --> 00:17:15.420 align:start position:0%
anyone can attend to this anyone who
used<00:17:12.550><c> this</c><00:17:13.110><c> but</c><00:17:14.110><c> we</c><00:17:14.260><c> actually</c><00:17:14.500><c> build</c><00:17:14.920><c> our</c><00:17:15.160><c> own</c>

00:17:15.420 --> 00:17:15.430 align:start position:0%
used this but we actually build our own
 

00:17:15.430 --> 00:17:19.500 align:start position:0%
used this but we actually build our own
application<00:17:16.180><c> on</c><00:17:16.329><c> top</c><00:17:16.510><c> of</c><00:17:16.660><c> this</c><00:17:16.890><c> and</c><00:17:18.510><c> basically</c>

00:17:19.500 --> 00:17:19.510 align:start position:0%
application on top of this and basically
 

00:17:19.510 --> 00:17:22.650 align:start position:0%
application on top of this and basically
the<00:17:19.870><c> British</c><00:17:20.199><c> market</c><00:17:20.470><c> is</c><00:17:21.089><c> brought</c><00:17:22.089><c> in</c>

00:17:22.650 --> 00:17:22.660 align:start position:0%
the British market is brought in
 

00:17:22.660 --> 00:17:26.160 align:start position:0%
the British market is brought in
regulations<00:17:24.270><c> so</c><00:17:25.270><c> what</c><00:17:25.630><c> we've</c><00:17:25.810><c> actually</c><00:17:25.990><c> done</c>

00:17:26.160 --> 00:17:26.170 align:start position:0%
regulations so what we've actually done
 

00:17:26.170 --> 00:17:29.790 align:start position:0%
regulations so what we've actually done
is<00:17:26.319><c> we</c><00:17:26.709><c> have</c><00:17:27.360><c> a</c><00:17:28.360><c> license</c><00:17:28.840><c> from</c><00:17:28.960><c> a</c><00:17:29.050><c> financial</c>

00:17:29.790 --> 00:17:29.800 align:start position:0%
is we have a license from a financial
 

00:17:29.800 --> 00:17:31.830 align:start position:0%
is we have a license from a financial
market<00:17:29.920><c> regulator</c><00:17:30.460><c> and</c><00:17:31.060><c> to</c><00:17:31.330><c> make</c><00:17:31.510><c> sure</c><00:17:31.660><c> that</c>

00:17:31.830 --> 00:17:31.840 align:start position:0%
market regulator and to make sure that
 

00:17:31.840 --> 00:17:35.160 align:start position:0%
market regulator and to make sure that
we<00:17:31.930><c> don't</c><00:17:32.050><c> actually</c><00:17:32.290><c> get</c><00:17:32.530><c> shut</c><00:17:32.830><c> up</c><00:17:33.420><c> though</c><00:17:34.420><c> if</c>

00:17:35.160 --> 00:17:35.170 align:start position:0%
we don't actually get shut up though if
 

00:17:35.170 --> 00:17:37.050 align:start position:0%
we don't actually get shut up though if
you<00:17:35.380><c> good</c><00:17:35.860><c> things</c><00:17:36.070><c> fast</c><00:17:36.370><c> so</c><00:17:36.580><c> easily</c><00:17:36.790><c> the</c>

00:17:37.050 --> 00:17:37.060 align:start position:0%
you good things fast so easily the
 

00:17:37.060 --> 00:17:39.720 align:start position:0%
you good things fast so easily the
bridge<00:17:37.270><c> markets</c><00:17:37.840><c> and</c><00:17:38.080><c> we</c><00:17:38.620><c> can</c><00:17:38.800><c> offer</c><00:17:39.220><c> them</c><00:17:39.520><c> on</c>

00:17:39.720 --> 00:17:39.730 align:start position:0%
bridge markets and we can offer them on
 

00:17:39.730 --> 00:17:42.300 align:start position:0%
bridge markets and we can offer them on
anything<00:17:40.060><c> but</c><00:17:40.420><c> sport</c><00:17:40.890><c> to</c><00:17:41.890><c> reach</c><00:17:42.100><c> their</c>

00:17:42.300 --> 00:17:42.310 align:start position:0%
anything but sport to reach their
 

00:17:42.310 --> 00:17:45.120 align:start position:0%
anything but sport to reach their
customers<00:17:42.520><c> which</c><00:17:43.360><c> is</c><00:17:43.390><c> super</c><00:17:43.780><c> nice</c><00:17:43.900><c> and</c><00:17:44.140><c> they</c>

00:17:45.120 --> 00:17:45.130 align:start position:0%
customers which is super nice and they
 

00:17:45.130 --> 00:17:48.900 align:start position:0%
customers which is super nice and they
are<00:17:45.160><c> not</c><00:17:45.520><c> so</c><00:17:45.910><c> new</c><00:17:46.120><c> and</c><00:17:46.390><c> unique</c><00:17:47.170><c> electrolyte</c><00:17:47.910><c> we</c>

00:17:48.900 --> 00:17:48.910 align:start position:0%
are not so new and unique electrolyte we
 

00:17:48.910 --> 00:17:51.690 align:start position:0%
are not so new and unique electrolyte we
have<00:17:49.090><c> a</c><00:17:49.120><c> market</c><00:17:49.600><c> magnet</c><00:17:49.990><c> that</c><00:17:50.680><c> guarantees</c><00:17:51.670><c> you</c>

00:17:51.690 --> 00:17:51.700 align:start position:0%
have a market magnet that guarantees you
 

00:17:51.700 --> 00:17:55.320 align:start position:0%
have a market magnet that guarantees you
liquidity<00:17:52.450><c> and</c><00:17:52.750><c> and</c><00:17:53.650><c> it's</c><00:17:54.280><c> dynamic</c>

00:17:55.320 --> 00:17:55.330 align:start position:0%
liquidity and and it's dynamic
 

00:17:55.330 --> 00:17:58.200 align:start position:0%
liquidity and and it's dynamic
because<00:17:55.960><c> obviously</c><00:17:56.230><c> if</c><00:17:56.680><c> any</c><00:17:57.250><c> weakness</c><00:17:57.670><c> in</c><00:17:57.910><c> his</c>

00:17:58.200 --> 00:17:58.210 align:start position:0%
because obviously if any weakness in his
 

00:17:58.210 --> 00:18:01.740 align:start position:0%
because obviously if any weakness in his
message<00:17:59.580><c> makes</c><00:18:00.580><c> things</c><00:18:00.940><c> easier</c><00:18:01.570><c> because</c>

00:18:01.740 --> 00:18:01.750 align:start position:0%
message makes things easier because
 

00:18:01.750 --> 00:18:04.260 align:start position:0%
message makes things easier because
otherwise<00:18:02.590><c> you</c><00:18:02.920><c> just</c><00:18:03.130><c> complain</c><00:18:03.580><c> to</c><00:18:03.850><c> creation</c>

00:18:04.260 --> 00:18:04.270 align:start position:0%
otherwise you just complain to creation
 

00:18:04.270 --> 00:18:10.620 align:start position:0%
otherwise you just complain to creation
to<00:18:04.390><c> our</c><00:18:04.510><c> future</c><00:18:08.550><c> we</c><00:18:09.550><c> have</c><00:18:09.640><c> to</c><00:18:09.700><c> be</c><00:18:09.940><c> a</c><00:18:10.120><c> man</c><00:18:10.330><c> and</c><00:18:10.450><c> be</c>

00:18:10.620 --> 00:18:10.630 align:start position:0%
to our future we have to be a man and be
 

00:18:10.630 --> 00:18:13.040 align:start position:0%
to our future we have to be a man and be
messy<00:18:10.960><c> because</c><00:18:11.350><c> we</c><00:18:11.860><c> have</c><00:18:12.010><c> this</c><00:18:12.160><c> license</c>

00:18:13.040 --> 00:18:13.050 align:start position:0%
messy because we have this license
 

00:18:13.050 --> 00:18:16.830 align:start position:0%
messy because we have this license
there's<00:18:14.050><c> one</c><00:18:14.380><c> percent</c><00:18:14.710><c> rarity</c><00:18:15.570><c> but</c><00:18:16.570><c> this</c>

00:18:16.830 --> 00:18:16.840 align:start position:0%
there's one percent rarity but this
 

00:18:16.840 --> 00:18:19.200 align:start position:0%
there's one percent rarity but this
market<00:18:17.320><c> as</c><00:18:17.560><c> you</c><00:18:17.590><c> can</c><00:18:17.890><c> be</c><00:18:18.010><c> friendly</c><00:18:18.310><c> market</c><00:18:18.760><c> and</c>

00:18:19.200 --> 00:18:19.210 align:start position:0%
market as you can be friendly market and
 

00:18:19.210 --> 00:18:21.980 align:start position:0%
market as you can be friendly market and
everyone<00:18:19.690><c> and</c><00:18:20.020><c> we</c><00:18:20.620><c> all</c><00:18:20.710><c> ordered</c><00:18:20.890><c> because</c>

00:18:21.980 --> 00:18:21.990 align:start position:0%
everyone and we all ordered because
 

00:18:21.990 --> 00:18:27.630 align:start position:0%
everyone and we all ordered because
we're<00:18:22.990><c> the</c><00:18:23.170><c> ones</c><00:18:25.590><c> so</c><00:18:26.590><c> if</c><00:18:26.710><c> we</c><00:18:26.950><c> have</c><00:18:27.100><c> we</c><00:18:27.520><c> have</c>

00:18:27.630 --> 00:18:27.640 align:start position:0%
we're the ones so if we have we have
 

00:18:27.640 --> 00:18:29.250 align:start position:0%
we're the ones so if we have we have
York

00:18:29.250 --> 00:18:29.260 align:start position:0%
York
 

00:18:29.260 --> 00:18:35.440 align:start position:0%
York
on<00:18:30.260><c> this</c><00:18:30.470><c> instance</c><00:18:32.530><c> while</c><00:18:34.210><c> back</c><00:18:35.210><c> when</c>

00:18:35.440 --> 00:18:35.450 align:start position:0%
on this instance while back when
 

00:18:35.450 --> 00:18:37.510 align:start position:0%
on this instance while back when
Detective<00:18:36.140><c> Comics</c><00:18:36.620><c> TV</c><00:18:36.890><c> must</c><00:18:37.190><c> be</c><00:18:37.370><c> well</c>

00:18:37.510 --> 00:18:37.520 align:start position:0%
Detective Comics TV must be well
 

00:18:37.520 --> 00:18:41.410 align:start position:0%
Detective Comics TV must be well
starters<00:18:38.000><c> with</c><00:18:38.210><c> negative</c><00:18:38.570><c> cash</c><00:18:38.900><c> flow</c><00:18:39.520><c> and</c><00:18:40.520><c> we</c>

00:18:41.410 --> 00:18:41.420 align:start position:0%
starters with negative cash flow and we
 

00:18:41.420 --> 00:18:43.150 align:start position:0%
starters with negative cash flow and we
reminisce<00:18:41.810><c> enterprises</c><00:18:42.500><c> a</c><00:18:42.530><c> basic</c><00:18:42.860><c> effect</c>

00:18:43.150 --> 00:18:43.160 align:start position:0%
reminisce enterprises a basic effect
 

00:18:43.160 --> 00:18:47.380 align:start position:0%
reminisce enterprises a basic effect
then<00:18:43.660><c> that</c><00:18:44.660><c> means</c><00:18:45.350><c> that</c><00:18:45.820><c> we</c><00:18:46.820><c> can</c><00:18:47.000><c> offer</c><00:18:47.150><c> this</c>

00:18:47.380 --> 00:18:47.390 align:start position:0%
then that means that we can offer this
 

00:18:47.390 --> 00:18:51.370 align:start position:0%
then that means that we can offer this
to<00:18:47.450><c> anyone</c><00:18:47.900><c> in</c><00:18:48.800><c> Europe</c><00:18:49.510><c> and</c><00:18:50.510><c> most</c><00:18:51.110><c> of</c><00:18:51.290><c> the</c>

00:18:51.370 --> 00:18:51.380 align:start position:0%
to anyone in Europe and most of the
 

00:18:51.380 --> 00:18:53.560 align:start position:0%
to anyone in Europe and most of the
world<00:18:51.620><c> except</c><00:18:52.130><c> for</c><00:18:52.220><c> the</c><00:18:52.460><c> ethic</c><00:18:52.760><c> and</c><00:18:52.940><c> I'm</c><00:18:53.240><c> super</c>

00:18:53.560 --> 00:18:53.570 align:start position:0%
world except for the ethic and I'm super
 

00:18:53.570 --> 00:18:56.920 align:start position:0%
world except for the ethic and I'm super
sorry<00:18:53.830><c> we</c><00:18:54.830><c> are</c><00:18:54.950><c> welcome</c><00:18:55.280><c> at</c><00:18:55.460><c> West</c><00:18:56.060><c> once</c><00:18:56.720><c> we</c>

00:18:56.920 --> 00:18:56.930 align:start position:0%
sorry we are welcome at West once we
 

00:18:56.930 --> 00:18:59.740 align:start position:0%
sorry we are welcome at West once we
have<00:18:57.020><c> seen</c><00:18:57.200><c> that</c><00:18:57.520><c> this</c><00:18:58.520><c> works</c><00:18:58.880><c> in</c><00:18:59.210><c> other</c><00:18:59.360><c> parts</c>

00:18:59.740 --> 00:18:59.750 align:start position:0%
have seen that this works in other parts
 

00:18:59.750 --> 00:19:04.270 align:start position:0%
have seen that this works in other parts
of<00:18:59.810><c> life</c><00:19:00.080><c> so</c><00:19:00.800><c> and</c><00:19:01.160><c> the</c><00:19:01.940><c> Vita</c><00:19:02.710><c> went</c><00:19:03.710><c> like</c><00:19:04.010><c> this</c>

00:19:04.270 --> 00:19:04.280 align:start position:0%
of life so and the Vita went like this
 

00:19:04.280 --> 00:19:07.900 align:start position:0%
of life so and the Vita went like this
week<00:19:04.550><c> and</c><00:19:04.790><c> you</c><00:19:05.270><c> can</c><00:19:05.390><c> take</c><00:19:05.660><c> part</c><00:19:06.430><c> if</c><00:19:07.430><c> you</c><00:19:07.670><c> go</c><00:19:07.850><c> to</c>

00:19:07.900 --> 00:19:07.910 align:start position:0%
week and you can take part if you go to
 

00:19:07.910 --> 00:19:12.580 align:start position:0%
week and you can take part if you go to
site<00:19:08.390><c> OPM</c><00:19:08.990><c> and</c><00:19:09.260><c> sign</c><00:19:09.950><c> up</c><00:19:11.440><c> so</c><00:19:12.440><c> basically</c>

00:19:12.580 --> 00:19:12.590 align:start position:0%
site OPM and sign up so basically
 

00:19:12.590 --> 00:19:15.010 align:start position:0%
site OPM and sign up so basically
there's<00:19:13.070><c> a</c><00:19:13.310><c> couple</c><00:19:13.370><c> of</c><00:19:13.850><c> markets</c><00:19:14.360><c> right</c><00:19:14.990><c> now</c>

00:19:15.010 --> 00:19:15.020 align:start position:0%
there's a couple of markets right now
 

00:19:15.020 --> 00:19:19.060 align:start position:0%
there's a couple of markets right now
and<00:19:15.790><c> we</c><00:19:16.790><c> started</c><00:19:17.210><c> full</c><00:19:17.510><c> of</c><00:19:17.630><c> them</c><00:19:18.070><c> 50/50</c>

00:19:19.060 --> 00:19:19.070 align:start position:0%
and we started full of them 50/50
 

00:19:19.070 --> 00:19:23.770 align:start position:0%
and we started full of them 50/50
chances<00:19:19.550><c> so</c><00:19:19.850><c> basically</c><00:19:22.300><c> right</c><00:19:23.300><c> now</c><00:19:23.360><c> view</c>

00:19:23.770 --> 00:19:23.780 align:start position:0%
chances so basically right now view
 

00:19:23.780 --> 00:19:27.280 align:start position:0%
chances so basically right now view
everyone<00:19:24.140><c> about</c><00:19:24.530><c> a</c><00:19:25.630><c> you</c><00:19:26.630><c> will</c><00:19:26.840><c> have</c><00:19:27.020><c> to</c><00:19:27.170><c> go</c>

00:19:27.280 --> 00:19:27.290 align:start position:0%
everyone about a you will have to go
 

00:19:27.290 --> 00:19:29.920 align:start position:0%
everyone about a you will have to go
through<00:19:27.320><c> him</c><00:19:27.830><c> I</c><00:19:27.980><c> see</c><00:19:28.190><c> so</c><00:19:29.180><c> big</c><00:19:29.360><c> you</c><00:19:29.630><c> will</c><00:19:29.690><c> have</c>

00:19:29.920 --> 00:19:29.930 align:start position:0%
through him I see so big you will have
 

00:19:29.930 --> 00:19:33.370 align:start position:0%
through him I see so big you will have
no<00:19:30.140><c> scam</c><00:19:30.800><c> you</c><00:19:31.010><c> have</c><00:19:31.250><c> good</c><00:19:31.460><c> and</c><00:19:31.610><c> you</c><00:19:31.670><c> cannot</c><00:19:32.380><c> be</c>

00:19:33.370 --> 00:19:33.380 align:start position:0%
no scam you have good and you cannot be
 

00:19:33.380 --> 00:19:38.170 align:start position:0%
no scam you have good and you cannot be
a<00:19:34.360><c> US</c><00:19:35.360><c> or</c><00:19:35.840><c> Canada</c><00:19:36.380><c> or</c><00:19:36.620><c> Chinese</c><00:19:37.160><c> citizen</c><00:19:37.970><c> I'm</c>

00:19:38.170 --> 00:19:38.180 align:start position:0%
a US or Canada or Chinese citizen I'm
 

00:19:38.180 --> 00:19:40.840 align:start position:0%
a US or Canada or Chinese citizen I'm
super<00:19:38.420><c> super</c><00:19:38.780><c> sorry</c><00:19:39.080><c> about</c><00:19:39.290><c> this</c><00:19:39.440><c> will</c><00:19:39.850><c> we're</c>

00:19:40.840 --> 00:19:40.850 align:start position:0%
super super sorry about this will we're
 

00:19:40.850 --> 00:19:42.670 align:start position:0%
super super sorry about this will we're
still<00:19:41.060><c> working</c><00:19:41.420><c> like</c><00:19:41.450><c> that</c><00:19:41.570><c> but</c><00:19:42.200><c> if</c><00:19:42.440><c> you're</c>

00:19:42.670 --> 00:19:42.680 align:start position:0%
still working like that but if you're
 

00:19:42.680 --> 00:19:43.990 align:start position:0%
still working like that but if you're
not<00:19:42.860><c> from</c><00:19:43.070><c> one</c><00:19:43.250><c> of</c><00:19:43.370><c> these</c><00:19:43.490><c> three</c><00:19:43.790><c> countries</c>

00:19:43.990 --> 00:19:44.000 align:start position:0%
not from one of these three countries
 

00:19:44.000 --> 00:19:48.390 align:start position:0%
not from one of these three countries
absolutely<00:19:44.990><c> needs</c><00:19:45.230><c> to</c><00:19:45.410><c> take</c><00:19:45.650><c> part</c><00:19:45.890><c> and</c>

00:19:48.390 --> 00:19:48.400 align:start position:0%
 
 

00:19:48.400 --> 00:19:51.100 align:start position:0%
 
currently<00:19:49.400><c> you</c><00:19:49.520><c> have</c><00:19:49.580><c> markets</c><00:19:50.120><c> such</c><00:19:50.330><c> as</c><00:19:50.360><c> the</c>

00:19:51.100 --> 00:19:51.110 align:start position:0%
currently you have markets such as the
 

00:19:51.110 --> 00:19:54.540 align:start position:0%
currently you have markets such as the
price<00:19:51.920><c> of</c><00:19:51.950><c> either</c><00:19:52.870><c> transparency</c><00:19:53.870><c> the</c>

00:19:54.540 --> 00:19:54.550 align:start position:0%
price of either transparency the
 

00:19:54.550 --> 00:19:58.150 align:start position:0%
price of either transparency the
transaction<00:19:55.550><c> fees</c><00:19:55.760><c> on</c><00:19:56.300><c> a</c><00:19:56.360><c> Saturday</c><00:19:57.020><c> and</c><00:19:57.290><c> a</c>

00:19:58.150 --> 00:19:58.160 align:start position:0%
transaction fees on a Saturday and a
 

00:19:58.160 --> 00:20:00.400 align:start position:0%
transaction fees on a Saturday and a
stability<00:19:58.580><c> so</c><00:19:59.090><c> easy</c><00:19:59.330><c> things</c><00:19:59.750><c> within</c><00:20:00.170><c> the</c>

00:20:00.400 --> 00:20:00.410 align:start position:0%
stability so easy things within the
 

00:20:00.410 --> 00:20:03.750 align:start position:0%
stability so easy things within the
ecosystem<00:20:00.650><c> we</c><00:20:01.400><c> were</c><00:20:01.550><c> going</c><00:20:01.820><c> to</c><00:20:02.000><c> go</c><00:20:02.990><c> to</c><00:20:03.050><c> other</c>

00:20:03.750 --> 00:20:03.760 align:start position:0%
ecosystem we were going to go to other
 

00:20:03.760 --> 00:20:10.240 align:start position:0%
ecosystem we were going to go to other
markets<00:20:06.340><c> political</c><00:20:07.340><c> market</c><00:20:07.640><c> honest</c><00:20:09.010><c> we</c><00:20:10.010><c> have</c>

00:20:10.240 --> 00:20:10.250 align:start position:0%
markets political market honest we have
 

00:20:10.250 --> 00:20:12.820 align:start position:0%
markets political market honest we have
so<00:20:10.910><c> notice</c><00:20:11.270><c> we</c><00:20:11.480><c> have</c><00:20:11.660><c> an</c><00:20:11.900><c> ecosystem</c><00:20:12.260><c> and</c><00:20:12.620><c> and</c>

00:20:12.820 --> 00:20:12.830 align:start position:0%
so notice we have an ecosystem and and
 

00:20:12.830 --> 00:20:16.390 align:start position:0%
so notice we have an ecosystem and and
this<00:20:13.550><c> run</c><00:20:13.850><c> round</c><00:20:14.060><c> just</c><00:20:14.560><c> close</c><00:20:15.560><c> but</c><00:20:15.890><c> s</c><00:20:16.040><c> going</c><00:20:16.340><c> to</c>

00:20:16.390 --> 00:20:16.400 align:start position:0%
this run round just close but s going to
 

00:20:16.400 --> 00:20:19.600 align:start position:0%
this run round just close but s going to
be<00:20:16.520><c> another</c><00:20:16.820><c> one</c><00:20:17.170><c> this</c><00:20:18.170><c> year</c><00:20:18.500><c> so</c><00:20:18.920><c> now</c><00:20:19.580><c> check</c>

00:20:19.600 --> 00:20:19.610 align:start position:0%
be another one this year so now check
 

00:20:19.610 --> 00:20:23.500 align:start position:0%
be another one this year so now check
that<00:20:19.880><c> hub</c><00:20:20.240><c> on</c><00:20:21.080><c> github</c><00:20:21.590><c> no</c><00:20:21.740><c> secesh</c><00:20:22.370><c> ago</c><00:20:22.910><c> and</c>

00:20:23.500 --> 00:20:23.510 align:start position:0%
that hub on github no secesh ago and
 

00:20:23.510 --> 00:20:27.880 align:start position:0%
that hub on github no secesh ago and
we're<00:20:23.780><c> also</c><00:20:23.960><c> looking</c><00:20:25.420><c> join</c><00:20:26.420><c> our</c><00:20:26.690><c> team</c><00:20:26.960><c> so</c><00:20:27.530><c> you</c>

00:20:27.880 --> 00:20:27.890 align:start position:0%
we're also looking join our team so you
 

00:20:27.890 --> 00:20:30.190 align:start position:0%
we're also looking join our team so you
can<00:20:28.100><c> actually</c><00:20:28.280><c> check</c><00:20:29.030><c> that</c><00:20:29.090><c> out</c><00:20:29.480><c> green</c><00:20:29.930><c> house</c>

00:20:30.190 --> 00:20:30.200 align:start position:0%
can actually check that out green house
 

00:20:30.200 --> 00:20:43.150 align:start position:0%
can actually check that out green house
and<00:20:39.610><c> yes</c><00:20:41.140><c> absolute</c><00:20:42.140><c> those</c><00:20:42.320><c> conditionals</c><00:20:43.010><c> and</c>

00:20:43.150 --> 00:20:43.160 align:start position:0%
and yes absolute those conditionals and
 

00:20:43.160 --> 00:20:44.790 align:start position:0%
and yes absolute those conditionals and
I'm<00:20:43.310><c> thinking</c><00:20:43.700><c> that</c><00:20:43.910><c> each</c><00:20:44.450><c> additional</c>

00:20:44.790 --> 00:20:44.800 align:start position:0%
I'm thinking that each additional
 

00:20:44.800 --> 00:20:46.080 align:start position:0%
I'm thinking that each additional
traditional

00:20:46.080 --> 00:20:46.090 align:start position:0%
traditional
 

00:20:46.090 --> 00:20:48.460 align:start position:0%
traditional
provides<00:20:47.090><c> an</c><00:20:47.240><c> opportunity</c><00:20:47.510><c> for</c><00:20:48.080><c> you</c><00:20:48.260><c> to</c><00:20:48.290><c> have</c>

00:20:48.460 --> 00:20:48.470 align:start position:0%
provides an opportunity for you to have
 

00:20:48.470 --> 00:20:52.480 align:start position:0%
provides an opportunity for you to have
started<00:20:49.070><c> so</c><00:20:49.220><c> can</c><00:20:50.770><c> you</c><00:20:51.770><c> see</c><00:20:52.040><c> what</c><00:20:52.130><c> I'm</c><00:20:52.220><c> saying</c>

00:20:52.480 --> 00:20:52.490 align:start position:0%
started so can you see what I'm saying
 

00:20:52.490 --> 00:20:58.480 align:start position:0%
started so can you see what I'm saying
is<00:20:53.060><c> that</c><00:20:53.210><c> we</c><00:20:53.390><c> had</c><00:20:53.570><c> versus</c><00:20:53.960><c> forgiving</c><00:20:54.500><c> nature</c>

00:20:58.480 --> 00:20:58.490 align:start position:0%
 
 

00:20:58.490 --> 00:21:02.740 align:start position:0%
 
you<00:20:59.150><c> mean</c><00:20:59.600><c> if</c><00:21:00.350><c> you</c><00:21:00.410><c> would</c><00:21:00.950><c> mean</c><00:21:01.460><c> if</c><00:21:01.610><c> that's</c><00:21:02.480><c> no</c>

00:21:02.740 --> 00:21:02.750 align:start position:0%
you mean if you would mean if that's no
 

00:21:02.750 --> 00:21:03.940 align:start position:0%
you mean if you would mean if that's no
range<00:21:03.020><c> resolve</c><00:21:03.559><c> it</c>

00:21:03.940 --> 00:21:03.950 align:start position:0%
range resolve it
 

00:21:03.950 --> 00:21:06.490 align:start position:0%
range resolve it
yeah<00:21:04.160><c> like</c><00:21:04.340><c> unresolvable</c><00:21:05.179><c> question</c><00:21:05.840><c> yeah</c><00:21:06.289><c> so</c>

00:21:06.490 --> 00:21:06.500 align:start position:0%
yeah like unresolvable question yeah so
 

00:21:06.500 --> 00:21:07.870 align:start position:0%
yeah like unresolvable question yeah so
basically<00:21:06.650><c> I</c><00:21:06.919><c> mean</c><00:21:07.190><c> what</c><00:21:07.340><c> you</c><00:21:07.460><c> can</c><00:21:07.610><c> do</c><00:21:07.669><c> is</c><00:21:07.789><c> you</c>

00:21:07.870 --> 00:21:07.880 align:start position:0%
basically I mean what you can do is you
 

00:21:07.880 --> 00:21:09.700 align:start position:0%
basically I mean what you can do is you
can<00:21:08.030><c> buy</c><00:21:08.270><c> up</c><00:21:08.539><c> the</c><00:21:08.720><c> end</c><00:21:08.870><c> on</c><00:21:09.110><c> it</c><00:21:09.260><c> and</c><00:21:09.410><c> then</c><00:21:09.530><c> just</c>

00:21:09.700 --> 00:21:09.710 align:start position:0%
can buy up the end on it and then just
 

00:21:09.710 --> 00:21:11.680 align:start position:0%
can buy up the end on it and then just
match<00:21:10.429><c> them</c><00:21:10.730><c> together</c><00:21:10.880><c> again</c><00:21:11.210><c> right</c><00:21:11.450><c> so</c>

00:21:11.680 --> 00:21:11.690 align:start position:0%
match them together again right so
 

00:21:11.690 --> 00:21:13.299 align:start position:0%
match them together again right so
basically<00:21:11.870><c> if</c><00:21:12.470><c> you</c><00:21:12.500><c> have</c><00:21:12.799><c> like</c><00:21:12.980><c> an</c><00:21:13.130><c> 80</c>

00:21:13.299 --> 00:21:13.309 align:start position:0%
basically if you have like an 80
 

00:21:13.309 --> 00:21:15.159 align:start position:0%
basically if you have like an 80
question<00:21:13.850><c> you</c><00:21:13.940><c> can</c><00:21:14.150><c> resolve</c><00:21:14.450><c> that</c><00:21:14.600><c> you</c><00:21:14.660><c> can</c>

00:21:15.159 --> 00:21:15.169 align:start position:0%
question you can resolve that you can
 

00:21:15.169 --> 00:21:17.830 align:start position:0%
question you can resolve that you can
just<00:21:15.380><c> but</c><00:21:15.890><c> have</c><00:21:16.190><c> both</c><00:21:16.460><c> and</c><00:21:16.760><c> just</c><00:21:17.299><c> strike</c><00:21:17.630><c> that</c>

00:21:17.830 --> 00:21:17.840 align:start position:0%
just but have both and just strike that
 

00:21:17.840 --> 00:21:19.659 align:start position:0%
just but have both and just strike that
off<00:21:18.049><c> of</c><00:21:18.169><c> your</c><00:21:18.320><c> talk</c><00:21:18.500><c> of</c><00:21:18.740><c> your</c><00:21:19.160><c> fear</c><00:21:19.460><c> of</c><00:21:19.520><c> the</c>

00:21:19.659 --> 00:21:19.669 align:start position:0%
off of your talk of your fear of the
 

00:21:19.669 --> 00:21:21.070 align:start position:0%
off of your talk of your fear of the
moment<00:21:20.179><c> right</c>

00:21:21.070 --> 00:21:21.080 align:start position:0%
moment right
 

00:21:21.080 --> 00:21:22.690 align:start position:0%
moment right
because<00:21:21.440><c> you</c><00:21:21.530><c> could</c><00:21:21.679><c> also</c><00:21:21.890><c> you</c><00:21:22.130><c> can</c><00:21:22.309><c> you</c><00:21:22.520><c> can</c>

00:21:22.690 --> 00:21:22.700 align:start position:0%
because you could also you can you can
 

00:21:22.700 --> 00:21:25.120 align:start position:0%
because you could also you can you can
spit<00:21:22.970><c> in</c><00:21:23.120><c> either</c><00:21:23.330><c> than</c><00:21:23.630><c> me</c><00:21:23.750><c> even</c><00:21:24.049><c> before</c><00:21:24.500><c> the</c>

00:21:25.120 --> 00:21:25.130 align:start position:0%
spit in either than me even before the
 

00:21:25.130 --> 00:21:26.500 align:start position:0%
spit in either than me even before the
things<00:21:25.340><c> happened</c><00:21:25.789><c> if</c><00:21:25.910><c> you</c><00:21:26.030><c> actually</c><00:21:26.150><c> have</c>

00:21:26.500 --> 00:21:26.510 align:start position:0%
things happened if you actually have
 

00:21:26.510 --> 00:21:28.990 align:start position:0%
things happened if you actually have
father<00:21:26.809><c> on</c><00:21:27.409><c> the</c><00:21:27.559><c> different</c><00:21:27.919><c> foundations</c><00:21:28.820><c> yes</c>

00:21:28.990 --> 00:21:29.000 align:start position:0%
father on the different foundations yes
 

00:21:29.000 --> 00:21:31.180 align:start position:0%
father on the different foundations yes
but<00:21:29.360><c> basically</c><00:21:29.659><c> specifying</c><00:21:30.320><c> good</c><00:21:30.679><c> argument</c>

00:21:31.180 --> 00:21:31.190 align:start position:0%
but basically specifying good argument
 

00:21:31.190 --> 00:21:34.060 align:start position:0%
but basically specifying good argument
and<00:21:31.309><c> burning</c><00:21:32.270><c> it</c><00:21:32.390><c> in</c><00:21:32.510><c> a</c><00:21:32.570><c> way</c><00:21:32.780><c> that</c><00:21:33.049><c> is</c><00:21:33.320><c> sensible</c>

00:21:34.060 --> 00:21:34.070 align:start position:0%
and burning it in a way that is sensible
 

00:21:34.070 --> 00:21:37.450 align:start position:0%
and burning it in a way that is sensible
makes<00:21:34.520><c> complete</c><00:21:35.330><c> sense</c><00:21:35.360><c> and</c><00:21:35.840><c> s</c><00:21:36.500><c> a</c><00:21:36.830><c> person</c><00:21:37.370><c> who</c>

00:21:37.450 --> 00:21:37.460 align:start position:0%
makes complete sense and s a person who
 

00:21:37.460 --> 00:21:42.399 align:start position:0%
makes complete sense and s a person who
actually<00:21:37.669><c> registers</c><00:21:38.480><c> a</c><00:21:38.860><c> new</c><00:21:40.120><c> a</c><00:21:41.120><c> new</c><00:21:41.720><c> token</c>

00:21:42.399 --> 00:21:42.409 align:start position:0%
actually registers a new a new token
 

00:21:42.409 --> 00:21:44.260 align:start position:0%
actually registers a new a new token
making<00:21:42.950><c> who</c><00:21:43.070><c> are</c><00:21:43.280><c> people</c><00:21:43.640><c> and</c><00:21:43.789><c> you</c><00:21:43.850><c> can</c><00:21:44.030><c> say</c>

00:21:44.260 --> 00:21:44.270 align:start position:0%
making who are people and you can say
 

00:21:44.270 --> 00:21:48.610 align:start position:0%
making who are people and you can say
which<00:21:45.250><c> which</c><00:21:47.200><c> conditions</c><00:21:48.200><c> you</c><00:21:48.320><c> actually</c>

00:21:48.610 --> 00:21:48.620 align:start position:0%
which which conditions you actually
 

00:21:48.620 --> 00:21:51.370 align:start position:0%
which which conditions you actually
subscribe<00:21:49.100><c> to</c><00:21:49.340><c> so</c><00:21:50.150><c> we</c><00:21:50.270><c> see</c><00:21:50.330><c> that's</c><00:21:50.659><c> in</c><00:21:50.960><c> you</c><00:21:51.230><c> and</c>

00:21:51.370 --> 00:21:51.380 align:start position:0%
subscribe to so we see that's in you and
 

00:21:51.380 --> 00:21:53.500 align:start position:0%
subscribe to so we see that's in you and
especially<00:21:51.500><c> as</c><00:21:51.950><c> the</c><00:21:52.130><c> person</c><00:21:52.580><c> who</c><00:21:53.030><c> creates</c>

00:21:53.500 --> 00:21:53.510 align:start position:0%
especially as the person who creates
 

00:21:53.510 --> 00:21:56.649 align:start position:0%
especially as the person who creates
this<00:21:54.250><c> anatomy</c><00:21:55.250><c> that</c><00:21:55.280><c> outcomes</c><00:21:55.789><c> okay</c><00:21:56.059><c> but</c><00:21:56.480><c> yeah</c>

00:21:56.649 --> 00:21:56.659 align:start position:0%
this anatomy that outcomes okay but yeah
 

00:21:56.659 --> 00:21:58.120 align:start position:0%
this anatomy that outcomes okay but yeah
obviously<00:21:57.110><c> there's</c><00:21:57.320><c> another</c><00:21:57.590><c> there's</c>

00:21:58.120 --> 00:21:58.130 align:start position:0%
obviously there's another there's
 

00:21:58.130 --> 00:22:00.850 align:start position:0%
obviously there's another there's
another<00:21:58.220><c> group</c><00:21:58.669><c> for</c><00:21:58.909><c> this</c><00:21:59.059><c> to</c><00:21:59.480><c> not</c><00:21:59.840><c> quite</c><00:22:00.679><c> how</c>

00:22:00.850 --> 00:22:00.860 align:start position:0%
another group for this to not quite how
 

00:22:00.860 --> 00:22:03.850 align:start position:0%
another group for this to not quite how
the<00:22:01.120><c> market</c><00:22:02.120><c> unwedded</c><00:22:02.630><c> purchase</c><00:22:03.140><c> an</c>

00:22:03.850 --> 00:22:03.860 align:start position:0%
the market unwedded purchase an
 

00:22:03.860 --> 00:22:04.440 align:start position:0%
the market unwedded purchase an
additional

00:22:04.440 --> 00:22:04.450 align:start position:0%
additional
 

00:22:04.450 --> 00:22:07.739 align:start position:0%
additional
it's<00:22:05.220><c> okay</c><00:22:06.220><c> so</c><00:22:06.279><c> you</c><00:22:06.519><c> have</c><00:22:06.669><c> those</c><00:22:06.789><c> those</c><00:22:07.330><c> out</c><00:22:07.629><c> of</c>

00:22:07.739 --> 00:22:07.749 align:start position:0%
it's okay so you have those those out of
 

00:22:07.749 --> 00:22:10.229 align:start position:0%
it's okay so you have those those out of
compounds<00:22:08.289><c> definitely</c><00:22:09.190><c> big</c><00:22:09.549><c> spots</c><00:22:09.940><c> upper</c>

00:22:10.229 --> 00:22:10.239 align:start position:0%
compounds definitely big spots upper
 

00:22:10.239 --> 00:22:12.539 align:start position:0%
compounds definitely big spots upper
limits<00:22:10.619><c> expansion</c><00:22:11.619><c> of</c><00:22:11.739><c> that</c><00:22:11.769><c> because</c><00:22:12.369><c> a</c>

00:22:12.539 --> 00:22:12.549 align:start position:0%
limits expansion of that because a
 

00:22:12.549 --> 00:22:14.430 align:start position:0%
limits expansion of that because a
single<00:22:13.179><c> sentence</c><00:22:13.570><c> describing</c><00:22:14.019><c> to</c><00:22:14.259><c> me</c><00:22:14.289><c> there</c>

00:22:14.430 --> 00:22:14.440 align:start position:0%
single sentence describing to me there
 

00:22:14.440 --> 00:22:16.499 align:start position:0%
single sentence describing to me there
must<00:22:14.590><c> be</c><00:22:14.769><c> like</c><00:22:14.950><c> a</c><00:22:15.220><c> very</c><00:22:15.580><c> deep</c><00:22:15.850><c> description</c>

00:22:16.499 --> 00:22:16.509 align:start position:0%
must be like a very deep description
 

00:22:16.509 --> 00:22:19.080 align:start position:0%
must be like a very deep description
underneath<00:22:16.779><c> them</c><00:22:17.109><c> yes</c><00:22:17.710><c> iceberg</c><00:22:18.309><c> wants</c><00:22:18.970><c> to</c>

00:22:19.080 --> 00:22:19.090 align:start position:0%
underneath them yes iceberg wants to
 

00:22:19.090 --> 00:22:21.539 align:start position:0%
underneath them yes iceberg wants to
understand<00:22:20.049><c> mother</c><00:22:20.230><c> but</c><00:22:20.950><c> then</c><00:22:21.039><c> it's</c><00:22:21.249><c> like</c><00:22:21.279><c> the</c>

00:22:21.539 --> 00:22:21.549 align:start position:0%
understand mother but then it's like the
 

00:22:21.549 --> 00:22:24.210 align:start position:0%
understand mother but then it's like the
deep<00:22:21.730><c> descriptive</c><00:22:22.269><c> exactly</c><00:22:22.889><c> small</c><00:22:23.889><c> friend</c>

00:22:24.210 --> 00:22:24.220 align:start position:0%
deep descriptive exactly small friend
 

00:22:24.220 --> 00:22:28.080 align:start position:0%
deep descriptive exactly small friend
right<00:22:25.379><c> yes</c><00:22:26.379><c> so</c><00:22:26.799><c> if</c><00:22:27.129><c> your</c><00:22:27.340><c> people</c><00:22:27.549><c> need</c><00:22:27.759><c> direct</c>

00:22:28.080 --> 00:22:28.090 align:start position:0%
right yes so if your people need direct
 

00:22:28.090 --> 00:22:30.359 align:start position:0%
right yes so if your people need direct
immediate<00:22:28.239><c> it's</c><00:22:28.899><c> an</c><00:22:29.049><c> effect</c><00:22:29.409><c> and</c><00:22:29.649><c> it's</c><00:22:30.129><c> like</c><00:22:30.340><c> a</c>

00:22:30.359 --> 00:22:30.369 align:start position:0%
immediate it's an effect and it's like a
 

00:22:30.369 --> 00:22:32.129 align:start position:0%
immediate it's an effect and it's like a
little<00:22:30.700><c> contract</c><00:22:31.149><c> that</c><00:22:31.480><c> actually</c><00:22:31.749><c> tells</c><00:22:31.989><c> you</c>

00:22:32.129 --> 00:22:32.139 align:start position:0%
little contract that actually tells you
 

00:22:32.139 --> 00:22:33.869 align:start position:0%
little contract that actually tells you
how<00:22:32.350><c> things</c><00:22:32.590><c> are</c><00:22:32.830><c> resolved</c><00:22:33.340><c> in</c><00:22:33.429><c> where</c><00:22:33.730><c> we</c>

00:22:33.869 --> 00:22:33.879 align:start position:0%
how things are resolved in where we
 

00:22:33.879 --> 00:22:36.450 align:start position:0%
how things are resolved in where we
actually<00:22:33.999><c> check</c><00:22:34.450><c> for</c><00:22:35.379><c> these</c><00:22:35.499><c> things</c><00:22:35.830><c> and</c><00:22:36.220><c> way</c>

00:22:36.450 --> 00:22:36.460 align:start position:0%
actually check for these things and way
 

00:22:36.460 --> 00:22:38.460 align:start position:0%
actually check for these things and way
to<00:22:36.519><c> the</c><00:22:36.669><c> under</c><00:22:36.999><c> so</c><00:22:37.210><c> it's</c><00:22:37.600><c> kind</c><00:22:37.809><c> of</c><00:22:37.840><c> a</c><00:22:37.960><c> secured</c>

00:22:38.460 --> 00:22:38.470 align:start position:0%
to the under so it's kind of a secured
 

00:22:38.470 --> 00:22:40.229 align:start position:0%
to the under so it's kind of a secured
creditor<00:22:39.009><c> on</c><00:22:39.190><c> the</c><00:22:39.309><c> condition</c><00:22:39.759><c> for</c><00:22:39.879><c> conferring</c>

00:22:40.229 --> 00:22:40.239 align:start position:0%
creditor on the condition for conferring
 

00:22:40.239 --> 00:22:41.430 align:start position:0%
creditor on the condition for conferring
or<00:22:40.389><c> if</c><00:22:40.539><c> you</c><00:22:40.629><c> want</c><00:22:40.779><c> to</c><00:22:40.869><c> invest</c><00:22:41.200><c> by</c><00:22:41.379><c> the</c>

00:22:41.430 --> 00:22:41.440 align:start position:0%
or if you want to invest by the
 

00:22:41.440 --> 00:22:44.789 align:start position:0%
or if you want to invest by the
anonymity<00:22:42.340><c> that's</c><00:22:42.669><c> on</c><00:22:42.970><c> them</c><00:22:43.210><c> on</c><00:22:43.799><c> the</c>

00:22:44.789 --> 00:22:44.799 align:start position:0%
anonymity that's on them on the
 

00:22:44.799 --> 00:22:47.039 align:start position:0%
anonymity that's on them on the
conditions<00:22:45.220><c> that</c><00:22:45.279><c> we</c><00:22:45.549><c> register</c><00:22:46.090><c> yes</c><00:22:46.509><c> yes</c><00:22:46.779><c> kind</c>

00:22:47.039 --> 00:22:47.049 align:start position:0%
conditions that we register yes yes kind
 

00:22:47.049 --> 00:22:49.019 align:start position:0%
conditions that we register yes yes kind
of<00:22:47.139><c> like</c><00:22:47.320><c> a</c><00:22:47.559><c> it's</c><00:22:48.129><c> it's</c><00:22:48.429><c> literally</c><00:22:48.850><c> like</c>

00:22:49.019 --> 00:22:49.029 align:start position:0%
of like a it's it's literally like
 

00:22:49.029 --> 00:22:51.090 align:start position:0%
of like a it's it's literally like
contract<00:22:49.659><c> that</c><00:22:49.779><c> actually</c><00:22:50.080><c> says</c><00:22:50.379><c> under</c><00:22:50.919><c> which</c>

00:22:51.090 --> 00:22:51.100 align:start position:0%
contract that actually says under which
 

00:22:51.100 --> 00:22:52.619 align:start position:0%
contract that actually says under which
conditions<00:22:51.580><c> this</c><00:22:51.789><c> will</c><00:22:51.999><c> resolving</c><00:22:52.419><c> you</c><00:22:52.509><c> also</c>

00:22:52.619 --> 00:22:52.629 align:start position:0%
conditions this will resolving you also
 

00:22:52.629 --> 00:22:55.259 align:start position:0%
conditions this will resolving you also
have<00:22:52.809><c> to</c><00:22:52.929><c> make</c><00:22:53.109><c> sure</c><00:22:53.139><c> that</c><00:22:53.830><c> it</c><00:22:54.580><c> will</c><00:22:54.820><c> resolve</c>

00:22:55.259 --> 00:22:55.269 align:start position:0%
have to make sure that it will resolve
 

00:22:55.269 --> 00:22:57.720 align:start position:0%
have to make sure that it will resolve
in<00:22:55.600><c> any</c><00:22:55.809><c> case</c><00:22:56.109><c> right</c><00:22:56.379><c> person</c><00:22:56.980><c> yeah</c><00:22:57.340><c> so</c><00:22:57.549><c> it's</c>

00:22:57.720 --> 00:22:57.730 align:start position:0%
in any case right person yeah so it's
 

00:22:57.730 --> 00:22:59.129 align:start position:0%
in any case right person yeah so it's
yeah<00:22:58.509><c> absolutely</c>

00:22:59.129 --> 00:22:59.139 align:start position:0%
yeah absolutely
 

00:22:59.139 --> 00:23:03.380 align:start position:0%
yeah absolutely
very<00:22:59.409><c> good</c><00:22:59.619><c> question</c><00:22:59.919><c> Jeff</c>

00:23:03.380 --> 00:23:03.390 align:start position:0%
 
 

00:23:03.390 --> 00:23:07.839 align:start position:0%
 
[Applause]

