Balaji Srinivasan

Defendant proved that its content, so this is in a Chinese court.

There's a patent suit and the defendant showed

Yeah, so this is like eight years ago.

The Fed approved its content was really produced by showing two hash values, one on the Bitcoin blockchain and another factum.

It had hashed relevant data onto relevant chains and stamped that infringement would have been impossible.

Isn't this cool?

Eight years ago in China.

So this stuff is actually almost a decade old at this point.

You know, the saying, the future is already here, it's just not evenly distributed, right?

So...

It's very important that, and this is a broader thing in tech, okay?

Like we as tech guys feel, okay, yeah, we're, you know, we're and so on and so forth.

But the point is to trust us.

The point is to not have to trust us, okay?

The point is to have systems by math that anybody can look at.

And the reason that they would trust what we're doing is they don't have to trust what we're doing.

They can cryptographically verify it in the same way that you can check whether a website has SSL via the HTTPS lock symbol, whether you can, you know, check email address, right?

Whether you can check whether someone has DNS access with a TXT record, you should be able to check via chain check chain.

Another way of thinking about this is, you know, if you send somebody something on, I don't know, a blockchain like, you know, Bitcoin or Ethereum, have you ever sent them the either scan or...

record to show that you sent the money?