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[Music] hello and welcome to the money movement where we explored the issues and ideas driving this brave new world of digital currency and blockchains really excited for this weeks show weve got some great guests so that Im going to talk about in a minute but I want to contextualise a little bit first so weve talked a lot about global macro issues how that relates to stable coins and digital currency and I know a lot of the discussion around crypto currency in general and stable coins specifically is is around sort of the currency side of this what does this do to the world of currencies central bank currencies non-sovereign currencies and has to do with you know are we creating a new payment system what are these innovations and obviously we think thats really critical and important but I think when we talk about the blockchain part of this the the implications are far far more profound and so part of what I wanted to do today is really dive deeper into some things that we touch