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[Music] foreign so yeah Im going to argue that agreement is its own incentive um now the reason all of us are attending this conference is that were all excited about blockchain right but why is it what are the things about blockchain that make it so exciting and different really it boils down to three things that were not possible before blockchain or seemed impossible that we can now do and the first and the one thats obviously attracted the most attention is coin distribution blockchain has shown that its possible to create some new cryptocurrency out of thin air distribute it in such a way that theres a limited Supply but people believe it has value right you know 15 years ago that sounded crazy but you know look whats happened since then the second thing uh Thats so exciting about blockchain is the fact that you can have censorship resistant transaction submission so if you build your business on top of lets say Facebook or apple or Amazon uh you may if youre very succes