Bimilongay. Welcome to the What Does Money Show.

Thank you very much for it.

It's wonderful to have you here. Just by way of quick introduction, you are the program

director at B Trust Builders, which is a foundation that supports Bitcoin open source

developers. And I think we're going to have a kind of a general discussion today about Bitcoin,

Bitcoin adoption, the nature of Bitcoin, the nature of money itself. So maybe we could just

start with a very broad question.

What is Bitcoin?

So the way I see Bitcoin, I see Bitcoin as money for the Internet age.

I see it like money.

If you look at what the email was to post, I see Bitcoin as being that to traditional money. So before we had email and the internet,

you send a letter. It takes days in some parts of the world weeks to go from one part of the wall to the next. Back in the old days, when we didn't even have planes, it took months,

years in some cases. With email, you can send a message to someone in Australia, from Nigeria, or from Maryland,

or for the US where you want, they get it instant.

I see Bitcoin as that for money and transfer of value.

So rather than rely on the banking system to get value from one part of the world to the other and all that

traditional infrastructure, Bitcoin is like email for money or for value. So on traditionally,

average 10 minutes, value gets from one part of the world to the next with lightning instant.

And it's uniform money that is not tied to any specific geography.

So the way with gold, we didn't have Nigerian gold and American gold or British gold or

Brazilian gold, gold was gold. For traditional currency, you have the US dollars, you have the

British pound, you have the Nigerian

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