The future of money | Neha Narula

Prevodilac: Ivana Krivokuća Lektor: Tijana Mihajlović

I want to tell you about the future of money.

Želim da vam govorim o budućnosti novca.

Let's start with a story about this culture

Započnimo pričom o kulturi

that lived in Micronesia in the early 1900s, called the Yap.

koja je živela u Mikroneziji početkom 20. veka, po imenu Jap.

Now, I want to tell you about the Yap

Htela bih da vam govorim o Japima

jer je njihov oblik novca veoma zanimljiv.

because their form of money is really interesting.

They use these limestone discs called Rai stones.

Koriste krečnjačke diskove koji se zovu kamenje rai.

Now, the Yap don't actually move these Rai stones around

Japi zapravo ne nose to kamenje rai unaokolo

or exchange them the way we do with our coins,

niti ih razmenjuju na način na koji mi to činimo sa novčićima,

because Rai stones can get to be pretty massive.

jer kamenje rai može biti prilično krupno.

The largest is about four tons and 12 feet across.

Najveći ima oko četiri tone i prečnik od oko 3,6 metara.

So the Yap just keep track of who owns part of what stone.

Tako Japi samo prate ko poseduje koji deo kog kamena.

There's a story about these sailors

Postoji priča o mornarima

that were transporting a stone across the ocean

koji su prevozili kamen preko okena

when they ran into some trouble and the stone actually fell in.

kada su upali u neku nevolju i kamen je upao.

The sailors got back to the main island

Mornari su se vratili na glavno ostrvo

and they told everyone what had happened.

i rekli svima šta se dogodilo.

And everyone decided that, actually, yes,

Svi su odlučili da zapravo, da,

the sailors had the stone and -- why not? -- it still counted.

mornari su imali kamen i - zašto da ne - on još važi.

Even though it was at the bottom of the ocean,

Iako je bio na dnu okeana,

it was still part of the Yap economy.

i dalje je bio deo ekonomije Japa.

You might think that this was just a small culture

Možda mislite da je to bila samo mala kultura pre sto godina.

a hundred years ago.

But things like this happen in the Western world as well,

Međutim, ovakve stvari se dešavaju i u zapadnom svetu,

and the Yap actually still use a form of these stones.

a Japi zapravo i dalje koriste neki oblik ovog kamenja.

In 1932, the Bank of France asked the United States

Godine 1932, Francuska banka je zatražila od Sjedinjenih Država

to convert their holdings from dollars into gold.

da pretvore ono što poseduju iz dolara u zlato.

But it was too inconvenient to think about actually shipping

Međutim, bilo je previše nezgodno da bi pomišljali na prevoz

all of that gold over to Europe.

celokupnog tog zlata u Evropu.

So instead, someone went to where that gold was being stored

Umesto toga, neko je otišao tamo gde se to zlato čuvalo

and they just labeled it as belonging to France now.

i samo su obeležili da sada pripada Francuskoj.

And everyone agreed that France owned the gold.

Svi su se složili da je Francuska vlasnik tog zlata.

It's just like those Rai stones.

To je baš kao i sa kamenjem rai.

The point I want to make with these two examples

Poenta koju želim da naglasim pomoću ova dva primera

is that there's nothing inherently valuable

jeste da ne postoji suštinska vrednost

about a dollar or a stone or a coin.

vezana za dolar, kamen ili novčić.

The only reason these things have any value

Jedini razlog zbog kojeg te stvari imaju bilo kakvu vrednost

is because we've all decided they should.

je zato što smo svi odlučili da treba da je imaju.

And because we've decided that,

Zato što smo to odlučili,

they do.

imaju je.

Money is about the exchanges and the transactions

Novac se svodi na razmene i transakcije

that we have with each other.

koje vršimo međusobno.

Money isn't anything objective.

Novac nije ništa objektivno.

It's about a collective story that we tell each other about value.

Radi se o kolektivnoj priči o vrednosti koju pričamo jedni drugima,

A collective fiction.

o kolektivnoj fikciji.

And that's a really powerful concept.

To je veoma moćan koncept.

In the past two decades,

Tokom protekle dve decenije,

we've begun to use digital money.

počeli smo da koristimo digitalni novac.

So I get paid via direct deposit,

Tako ja primam novac putem direktnog depozita,

I pay my rent via bank transfer,

plaćam kiriju preko bankovnog transfera.

I pay my taxes online.

Plaćam poreze onlajn,

And every month,

a svakog meseca,

a small amount of money is deducted from my paycheck

mali iznos novca se odbija od moje plate

and invested in mutual funds in my retirement account.

i ulaže se u investicione fondove na mom penzijskom računu.

All of these interactions

Sve te interakcije

are literally just changing 1's and 0's on computers.

bukvalno samo menjaju jedinice i nule na kompjuterima.

There's not even anything physical, like a stone or a coin.

Čak ne postoji ni nešto fizičko poput kamena ili novčića.

Digital money makes it so that I can pay someone around the world

Digitalni novac omogućava da mogu da platim nekome širom sveta

in seconds.

u roku od nekoliko sekundi.

Now when this works,

Kada ovo funkcioniše,

it's because there are large institutions underwriting every 1 or 0

to je zato što postoje velike institucije

koje daju garancije za svaku jedinicu ili nulu koja se promeni na kompjuteru.

that changes on a computer.

And when it doesn't,

A kada ne funkcioniše,

it's often the fault of those large institutions.

to je često krivicom tih velikih institucija

Or at least, it's up to them to fix the problem.

ili je, u najmanju ruku, na njima da reše problem.

And a lot of times, they don't.

A mnogo puta ga ne reše.

There's a lot of friction in the system.

Postoji mnogo otpora u sistemu.

How long did it take the US credit card companies

Koliko je dugo trebalo kompanijama za kreditne kartice u SAD-u

to implement chip and pin?

da sprovedu čipove i PIN brojeve?

Half my credit cards still don't work in Europe.

Polovina mojih kreditnih kartica i dalje ne funkcioniše u Evropi.

That's friction.

To je otpor.

Transferring money across borders and across currencies

Prenos novca preko granica i u različitim valutama

is really expensive:

je veoma skupo -

friction.

otpor.

An entrepreneur in India can set up an online business in minutes,

Preduzetnica u Indiji može da pokrene onlajn posao za nekoliko minuta,

but it's hard for her to get loans and to get paid:

ali joj je teško da dobije kredit i da prima uplate -

friction.

otpor.

Our access to digital money and our ability to freely transact

Naš pristup digitalnom novcu i sposobnost da slobodno vršimo transakcije

is being held captive by these gatekeepers.

ovi čuvari drže u zarobljeništvu.

And there's a lot of impediments in the system slowing things down.

Postoji mnogo prepreka u sistemu koje usporavaju stvari.

That's because digital money isn't really mine,

To je zato što digitalni novac nije zaista moj;

it's entries in databases that belong to my bank,

to su unosi u baze podataka koje pripadaju mojoj banci,

my credit card company or my investment firm.

mojoj kompaniji za kreditnu karticu ili mojoj investicionoj firmi,

And these companies have the right to say "no."

a te kompanije imaju pravo da odbiju.

If I'm a PayPal merchant

Ako trgujem putem Pejpala

and PayPal wrongly flags me for fraud,

i Pejpal nepravedno označi da sam počinila proneveru,

that's it.

to je to.

My account gets frozen, and I can't get paid.

Moj račun postaje zamrznut i ne mogu da primam uplate.

These institutions are standing in the way of innovation.

Te institucije stoje na putu inovacije.

How many of you use Facebook photos, Google Photos,

Koliko vas koristi slike na Fejsbuku, Gugl slike,

Instagram?

Instagram?

My photos are everywhere.

Moje slike su svuda.

They are on my phone, they're on my laptop,

Ima ih na mom telefonu, na mom laptopu,

they're on my old phone, they're in Dropbox.

na mom starom telefonu, u Dropboksu.

They're on all these different websites and services.

Nalaze se na svim tim različitim veb-sajtovima i uslugama.

And most of these services don't work together.

Većina tih usluga ne sarađuje međusobno.

They don't inter-operate.

Ne posluju jedna sa drugom.

And as a result,

Kao rezultat,

my photo library is a mess.

moja kolekcija fotografija je u haosu.

The same thing happens

Ista stvar se desi

when institutions control the money supply.

kada institucije kontrolišu zalihe novca.

A lot of these services don't inter-operate,

Dosta ovih usluga ne posluje međusobno

and as a result, this blocks what we can do with payment.

i kao rezultat, to blokira ono što možemo uraditi sa plaćanjem.

And it makes transaction costs go up.

To takođe povećava troškove transakcije.

So far, we've been through two phases of money.

Do sada smo prošli kroz dve faze novca.

In an analog world, we had to deal with these physical objects,

U analognom svetu, morali smo da se bavimo ovim fizičkim predmetima

and money moved at a certain speed -- the speed of humans.

i novac se kretao određenom brzinom - ljudskom brzinom.

In a digital world, money can reach much farther and is much faster,

U digitalnom svetu, novac može mnogo dalje i brže da stigne,

but we're at the mercy of these gatekeeper institutions.

ali smo u milosti tih institucija koje kontrolišu pristup.

Money only moves at the speed of banks.

Novac se pokreće samo brzinom banaka.

Nadomak smo ulaženja u novu fazu novca.

We're about to enter a new phase of money.

The future of money is programmable.

Budućnost novca se može programirati.

When we combine software and currency,

Kada kombinujemo softver i valutu,

money becomes more than just a static unit of value,

novac postaje više od samo statične jedinice vrednosti

and we don't have to rely on institutions for security.

i ne moramo se oslanjati na institucije zbog bezbednosti.

In a programmable world,

U svetu koji se može programirati,

we remove humans and institutions from the loop.

uklanjamo ljude i institucije iz ciklusa.

And when this happens,

Kada se to dogodi,

we won't even feel like we're transacting anymore.

nećemo više čak ni imati osećaj da vršimo transakcije.

Money will be directed by software,

Novcem će upravljati softver

and it will just safely and securely flow.

i samo će bezbedno i sigurno proticati.

Cryptocurrencies are the first step of this evolution.

Kriptovalute su prvi korak ove evolucije.

Cryptocurrencies are digital money

Kriptovalute su digitalni novac

that isn't run by any government or bank.

kojim ne upravlja nikakva vlada niti banka.

It's money designed to work in a world without intermediaries.

To je novac koji je predviđen da funkcioniše u svetu bez posrednika.

Bitcoin is the most ubiquitous cryptocurrency,

Bitkoin je najprisutnija kriptovaluta,

but there are hundreds of them.

ali postoje njih stotine.

There's Ethereum, Litecoin, Stellar, Dogecoin,

Tu su itirijum, lajtkoin, stelar, dodžkoin,

and those are just a few of the more popular ones.

a to je samo nekoliko najpopularnijih.

And these things are real money.

To je stvaran novac.

The sushi restaurant down my street

Suši restoran na kraju moje ulice

takes Bitcoin.

prima bitkoin.

I have an app on my phone that I can use to buy sashimi.

Imam aplikaciju na telefonu koju mogu koristiti da kupim sašimi.

But it's not just for small transactions.

Međutim, nije samo za male transakcije.

In March, there was a transaction that moved around 100,000 bitcoins.

U martu je izvršena transakcija koja je izmestila oko 100 000 bitkoina.

That's the equivalent of 40 million US dollars.

To je jednake vrednosti kao 40 miliona američkih dolara.

Cryptocurrencies are based on a special field of mathematics

Kriptovalute se zasnivaju na posebnom polju matematike

called cryptography.

koje se zove kriptografija.

Cryptography is the study of how to secure communication,

Kriptografija je proučavanje načina na koji obezbeđujemo komunikaciju

and it's about two really important things:

i odnosi se na dve zaista važne stvari -

masking information so it can be hidden in plain sight,

maskiranje informacija tako da se mogu sakriti na vidnom mestu

and verifying a piece of information's source.

i proveru dela izvora informacije.

Cryptography underpins so many of the systems around us.

Kriptografija podržava toliko sistema oko nas.

And it's so powerful that at times

Toliko je moćna da ju je u nekim trenucima

the US government has actually classified it as a weapon.

vlada SAD-a klasifikovala kao oružje.

During World War II, breaking cryptosystems like Enigma

Za vreme Drugog svetskog rata,

provaljivanje kriptosistema kao što je Enigma

was critical to decoding enemy transmissions

bilo je kritično za dekodiranje neprijateljske razmene

and turning the tide of the war.

i preokretanje toka rata.

Today, anyone with a modern web browser is running

Danas, svako ko ima savremeni pretraživač interneta

upravlja prilično složenim kriptosistemom.

a pretty sophisticated cryptosystem.

It's what we use to secure our interactions on the Internet.

To je ono što koristimo da bismo osigurali naše interakcije na internetu.

It's what makes it safe for us to type our passwords in

To je ono zbog čega je za nas bezbedno da unesemo svoju šifru

and to send financial information to websites.

i da veb-sajtovima šaljemo finansijske informacije.

So what the banks used to give us --

Tako ono što su nam banke nekad davale -

trustworthy digital money transfer --

pouzdan digitalni prenos novca -

we can now get with a clever application of cryptography.

sada možemo dobiti pametnom primenom kriptografije.

And this means that we don't have to rely on the banks anymore

To znači da više ne moramo da se oslanjamo na banke

da bismo osigurali svoje transakcije.

to secure our transactions.

We can do it ourselves.

To možemo da uradimo sami.

Bitcoin is based on the very same idea that the Yap used,

Bitkoin se zasniva na istoj ideji koju Japi koriste,

this collective global knowledge of transfers.

na kolektivnom globalnom saznanju o transferima.

In Bitcoin, I spend by transferring Bitcoin,

Kod bitkoina trošim tako što prebacujem bitkoin,

and I get paid when someone transfers Bitcoin to me.

a primam uplatu kada neko meni prebaci bitkoin.

Imagine that we had this magic paper.

Zamislite da imamo čarobni papir.

So the way that this paper works is I can give you a sheet of it

Taj papir funkcioniše tako da,

ako da vam dam jedan list i napišete nešto na njemu,

and if you write something on it,

it will magically appear on my piece as well.

to će se magično pojaviti i na mom papiru.

Let's say we just give everyone this paper

Recimo da svima damo taj papir

and everyone writes down the transfers that they're doing

i svako zapiše transfere koje izvrše

in the Bitcoin system.

u sistemu bitkoina.

All of these transfers get copied around to everyone else's pieces of paper.

Svi ti transferi se kopiraju na svačiji papir.

And I can look at mine

Mogu da pogledam svoj papir

and I'll have a list of all of the transfers that are happening

i imaću spisak svih transfera

koji se dešavaju u čitavoj ekonomiji bitkoina.

in the entire Bitcoin economy.

This is actually what's happening with the Bitcoin blockchain,

To je zapravo ono što se dešava sa blokčejnom bitkoina,

which is a list of all of the transactions in Bitcoin.

a to je spisak svih transakcija bitkoina,

Except, it's not done through paper.

samo što se ne vrše preko papira.

It's done through computer code,

Sprovode se putem kompjuterskog koda

running on thousands of networked computers

koji cirkuliše na hiljadama umreženih kompjutera širom sveta.

around the world.

All of these computers are collectively confirming

Svi ti kompjuteri kolektivno potvrđuju

who owns what Bitcoin.

ko poseduje koji bitkoin.

So the Bitcoin blockchain is core to how Bitcoin works.

Tako je bitkoinov blokčejn u srži načina na koji bitkoin funkcioniše.

But where do bitcoins actually come from?

Međutim, odakle bitkoini zapravo potiču?

Well, the code is designed to create new Bitcoin

Pa, kod je osmišljen tako da stvara novi bitkon

according to a schedule.

u skladu sa rasporedom.

And the way that it works is that to get those Bitcoin,

To funkcioniše na taj način što, da bih dobila te bitkoine,

I have to solve a puzzle -- a random cryptographic puzzle.

moram da rešim zagonetku - nasumičnu kriptografsku zagonetku.

Imagine that we had 15 dice,

Zamislite da imamo 15 kockica

and we were throwing these dice over and over again.

i da ih stalno iznova bacamo.

Whenever the dice come up all sixes,

Kad god na svim kockicama budu šestice,

we say that we win.

kažemo da smo pobedili.

This is very close to what these computers are all actually doing.

To je vrlo slično onome što ovi kompjuteri zapravo rade.

They're trying over and over again to land on the right number.

Stalno iznova pokušavaju da dođu do pravog broja.

And when they do,

Kada se to desi,

we say that they've solved the puzzle.

kažemo da su rešili zagonetku.

The computer that solves the puzzle

Kompjuter koji reši zagonetku

publishes its solution to the rest of the network

objavljuje svoje rešenje ostatku mreže

and collects its reward: new bitcoins.

i prikuplja svoju nagradu, nove bitkoine.

And in the act of solving this puzzle,

U činu rešavanja ove zagonetke,

these computers are actually helping to secure the Bitcoin blockchain

ovi kompjuteri zapravo pomažu da se osigura bitkoinov blokčejn

and add to the list of transactions.

i pridodaju spisku transakcija.

There are actually people all over the world running this software,

Postoje ljudi širom sveta koji upravljaju ovim softverom,

and we call them Bitcoin miners.

a zovemo ih rudari bitkoina.

Anyone can become a Bitcoin miner.

Svako može postati rudar bitkoina.

You can go download the software right now

Možete sada skinuti softver,

and run it in your computer and try to collect some bitcoins.

pokrenuti ga na kompjuteru i pokušati da sakupite bitkoine.

I can't say that I would recommend it,

Ne mogu reći da bih to preporučila,

because right now, the puzzle is so hard and the network is so powerful,

jer je zagonetka u ovom trenutku tako teška i mreža je tako jaka,

that if I tried to mine Bitcoin on my laptop,

da ako bih pokušala da kopam bitkoine na svom laptopu,

I probably wouldn't see any for about two million years.

verovatno ne bih našla nijedan jedno dva miliona godina.

The miners, professional miners, use this special hardware

Profesionalni rudari koriste specijalni hardver

that's designed to solve the puzzle really fast.

koji je osmišljen da veoma brzo reši zagonetku.

Now, the Bitcoin network and all of this special hardware,

Za mrežu bitkoina i sav taj specijalni hardver

there are estimates that the amount of energy it uses

postoje procene da koriste količinu energiju

is equivalent to that of a small country.

koja je jednaka energiji koju troši manja država.

So, the first set of cryptocurrencies

Dakle, prva grupa kriptovaluta

are a little bit slow and a little bit cumbersome.

je malo spora i malo glomazna.

But the next generation is going to be so much better and so much faster.

Međutim, sledeća generacija će biti toliko bolja i brža.

Cryptocurrencies are the first step

Kriptovalute su prvi korak

to a world with a global programmable money.

ka svetu sa globalnim novcem koji se može programirati.

And in a world with programmable money,

A u svetu sa novcem koji se može programirati,

I can pay anyone else securely

mogu bilo kome bezbedno platiti

without having to sign up or ask permission,

a da ne moram da se prijavim, da tražim dozvolu,

or do a conversion or worry about my money getting stuck.

da vršim konverziju ili da brinem da će mi se novac zaglaviti.

And I can send money around the world.

Mogu i da šaljem novac širom sveta.

This is a really amazing thing.

Ovo je zaista neverovatno.

It's the idea of permission-less innovation.

Radi se o ideji o inovacijama bez davanja dozvole.

The Internet caused an explosion of innovation,

Internet je doveo do naglog porasta inovacija,

because it was built upon an open architecture.

jer je izgrađen na otvorenoj arhitekturi.

And just like the Internet changed the way we communicate,

Baš kao što je internet promenio način na koji komuniciramo,

programmable money is going to change the way we pay,

novac koji se programira će promeniti način na koji plaćamo,

allocate and decide on value.

dodeljujemo i odlučujemo o vrednosti.

So what kind of world does programmable money create?

Kakvu vrstu sveta stvara novac koji se može programirati?

Imagine a world where I can rent out my healthcare data

Zamislite svet u kome mogu da iznajmim svoje zdravstvene podatke

to a pharmaceutical company.

farmaceutskoj kompaniji.

They can run large-scale data analysis

Oni mogu da izvrše obimnu analizu podataka

and provide me with a cryptographic proof

i pruže mi kriptografski dokaz

that shows they're only using my data in a way that we agreed.

koji pokazuje da koriste moje podatke samo na dogovoreni način.

And they can pay me for what they find out.

Mogu i da mi plate za ono što otkriju.

Instead of signing up for streaming services

Umesto prijavljivanja za usluge strimovanja

and getting a cable bill,

i dobijanja računa za kablovsku,

what if my television analyzed my watching habits

šta ako bi moj televizor analizirao moje navike gledanja

and recommended well-priced content that fit within my budget

i preporučivao sadržaj po dobroj ceni koji se uklapa u moj budžet,

that I would enjoy?

a u kome bih uživala?

Imagine an Internet without ads,

Zamislite internet bez reklama,

because instead of paying with our attention when we view content,

jer umesto da platimo svojom pažnjom kada gledamo sadržaj,

we just pay.

jednostavno platimo.

Interestingly, things like micro-payments

Zanimljivo je da će stvari poput mikroplaćanja

are actually going to change the way security works in our world,

promeniti način na koji bezbednost funkcioniše u našem svetu,

because once we're better able to allocate value,

jer kada budemo bili veštiji u pridavanju vrednosti,

people will use their money and their energies

ljudi će koristiti svoj novac i energiju

for more constructive things.

za konstruktivnije stvari.

If it cost a fraction of a cent to send an email,

Kada bi slanje imejla koštalo delić centa,

would we still have spam?

da li bismo i dalje imali nepoželjne poruke?

We're not at this world yet,

Nismo još u tom svetu,

but it's coming.

ali on dolazi.

Right now, it's like we're in a world that is seeing the first automobile.

Sada je kao da smo u svetu koji vidi prvi automobil.

The first cryptocurrency, like the first car,

Prva kriptovaluta, kao prvi auto,

is slow and hard to understand and hard to use.

je spora, teška za razumevanje i za korišćenje.

Digital money, like the horse and carriage,

Digitalni novac, kao konj i kočija,

works pretty well,

funkcioniše prilično dobro,

and the whole world economy is built on it.

i celokupni svet ekonomije izgrađen je na njemu.

If you were the first person on your block

Kada biste bili prva osoba u ulici

to get a car with an internal combustion engine,

koja je nabavila auto sa motorom sa unutrašnjim sagorevanjem,

your neighbors would probably think you were crazy:

vaše komšije bi verovatno pomislile da ste ludi:

"Why would you want this large, clunky machine

„Zašto bi hteo ovu veliku, nezgrapnu mašinu

that breaks down all the time, that lights on fire,

koja se stalno kvari i zapali se,

and is still slower than a horse?"

a i dalje je sporija od konja?“

But we all know how that story turns out.

No, svi znamo kako se ta priča završava.

We're entering a new era of programmable money.

Ulazimo u novo doba novca koji se programira.

And it's very exciting, but it's also a little bit scary.

To je veoma uzbudljivo, ali i pomalo zastrašujuće.

Cryptocurrencies can be used for illegal transactions,

Kriptovalute se mogu koristiti za nezakonite transakcije,

just like cash is used for crime in the world today.

baš kao što se gotovina koristi za kriminal u današnjem svetu.

When all of our transactions are online,

Kada su sve naše transakcije onlajn,

what does that mean for surveillance -- who can see what we do?

šta to znači za nadgledanje - ko može da vidi šta radimo?

Who's advantaged in this new world and who isn't?

Ko ima prednosti u tom novom svetu, a ko ne?

Will I have to start to pay for things that I didn't have to pay for before?

Da li ću morati da počnem da plaćam stvari za koje ranije nisam plaćala?

Will we all become slaves to algorithms and utility functions?

Hoćemo li svi postati robovi algoritama i funkcija korisnosti?

All new technology comes with trade-offs.

Svaka nova tehnologija nastupa uz kompromise.

The Internet brought us a lot of ways to waste time.

Internet nam je doneo mnogo načina za traćenje vremena,

But it also greatly increased productivity.

ali je takođe znatno uvećao produktivnost.

Mobile phones are annoying

Mobilni telefoni su iritantni jer čine da se osećam

because they make me feel like I have to stay connected to work

kao da stalno moram da budem vezana za posao,

all the time.

But they also help me stay connected to friends and family.

ali mi i pomažu da ostanem u vezi sa prijateljima i porodicom.

The new sharing economy is going to eliminate some jobs.

Nova ekonomija deljenja će ukloniti neke poslove.

But it's also going to create new, flexible forms of employment.

Međutim, takođe će stvoriti nove, fleksibilne oblike zaposlenja.

With programmable money,

Sa novcem koji se programira,

we decouple the need for large, trusted institutions

razdvajamo potrebu za velikim, pouzdanim institucijama

from the architecture of the network.

od arhitekture mreže,

And this pushes innovation in money out to the edges, where it belongs.

a to istiskuje novčane inovacije ka ivicama, tamo gde pripadaju.

Programmable money democratizes money.

Novac koji se može programirati demokratizuje novac.

And because of this, things are going to change and unfold

Zbog ovoga će se stvari promeniti i razvijati

in ways that we can't even predict.

na načine koje ne možemo ni predvideti.

Thank you.

Hvala.

(Applause)

(Aplauz)