"We have a monetary system and fiat system that is quite ancient and not digital and does not reap the benefits of what digital tech and cryptography can do. The rate of innovation and change is only accelerating so it is just a matter of time before we shift to a highly decentralized and digital system with cryptographic proofs and other kinds of mechanisms to verify transactions and services. You are seeing that already in the rapid uptake of crypto currencies in different jurisdictions around the world: Singapore, Switzerland, Luxembourg, UK, Russia. There is lots of activity in China but the government there is a wildcard in this. We are seeing the beginnings of a new international financial system. Right now there are lots of issues around the technology and it is in an early phase but in my experience I have never seen such rapid speed of innovation. Every week something changes. Decentralization is starting to take place. If you can avoid and control the inflation and bubble manipulation then you are creating a much more accurate, more transparent system than you have currently because you can have analytics and artificial intelligence looking at every pattern in hyper real-time speed."