🎙️ Building for the NeXT Billion: What Can Crypto Make Possible? | XT8

We have a forecast with us. We'll hear from everyone in the open and causing questions and from the guests on the issue main topic. Please free to build on each other answers or offer a different view. And before we get started, I could reminder today's discussion as a market commentary, not financial advice. If you have a question, drop it in the comments as we go. We will pick up a few. During the Q&A session, we will also share details about today's 300. Give way in XT anniversary treasury hunt. Join me today for great guests. First we have Alman. Offense. You've already in the office of NXT Exchange. We'll also join by a feature and offer content creator, Mr. Wyfe, Gioil and on chain market analyst and me, COTA, a VAT 3 and a Crypto Content creator. Alman, Fisher, Mr. Wyfe, to me, COTA, Wagam, and thanks for joining us today. So I will be asked each guest to make some quick introduction and so we will be continuing with our questions and discussion. So hi, Alman. Please tell me about yourself. Hi, Theo. Hi, everyone. Our guest speakers and listeners. Thank you for joining the CMA. And this is our second round of AMA during the XT 8th anniversary. And it's quite exciting to be here again and to talk to our guest speakers. And also I'd like to really like to share my thoughts about the next billion subject because it involves the industry trend. And it also involves a lot of personal experience and business thoughts like in this long history of the crypto industry development. So, okay, very excited to be here and excited to hear the thoughts of our other guest speakers. Thank you, Theo. Thank you, Alman. Hi, Fisher. I'm very happy to see you. Please give a short introduction about yourself. Hey, everyone. How are you doing? Yeah, yeah. So I think that feature is still as a listener. So I think that Mr. White can make some introduction. Yeah, yeah. Yeah, yeah. Thanks for having me, everyone. So it's a pleasure to be here. Is this the top? I can see some very influential figures here. I think there's going to be a very entertaining and educated space once more. So in regards to, I think, what you said, I think crypto wins the next billion when people stop and they didn't take care that they are using crypto. So that space goes on half more time to explain what I mean by that. And he said it alone. If you have any questions, please just drop them off on the comment section. It's a pleasure to be here. Very nice. Okay. I see Fisher. He could say hi and give a quick introduction. Fisher? Yeah, yeah. I'm here. Hi, everyone. I'm so sorry. I had some network issues. I didn't know. It's my pleasure to be here. I'm very, very happy to participate again in this space today. And I see a lot of people. I'm happy to learn. I'm happy to share my knowledge. I'm happy to interact with each and every one of us. I look forward to what we have to discuss today. Thank you very much to my pleasure again. Thank you, Fisher. Okay, Dmit Cota. Very nice to see you. And please tell me how should pronounce your handle like a Dmit Cota or Dmit High Cota. And please give the introduction. Hey, I'm happy to be here. And you can call me Dmit Cota, like you spell it. So I make content and work with communities. I don't think about the huge billion. And I think about one person, someone who works in wine, gets paid from another country or sends money to family. And for them, crypto is simple. Get paid faster. Send money with less fees. Not paid for the bank. But then money arrives and they go, okay, cool. Now what? How do I cash out? Can I spend these? And what if I send it to the wrong place? Like if this part is hard, they try once and leave. And if it says they stay. And that's it. Great. Yeah. This is my point. Funny. Thank you. Thank you, Dmit Cota. Thank you. Okay. Let's go to the first question. A far discussion because we'll start talking about next billion. Like over the look from the crypto industry and new possibilities. So when we talk about the next billion, my dear, yes. When do you think the industry is still organo legs? And what's crypto actually do for them? So I think that armor can be first. Armor and police take it away. Hi. Thanks, Dale. Yeah. I think that's a good question. I think that's a good question. You know, one group out include is people who already trade crypto, but haven't found much reason to use it beyond that. No, someone can be comfortable buying and selling it and still wonder why they had to use it or why they get paid, why they're sending money this way. And that's a very question. Everyone is starting from the same place while it's not different. Different people need different things and knowing how crypto works doesn't necessarily give you a reason to use it. For us as operators, that means understanding what someone is trying to do. What is difficult about it today and whether we can actually make it easier. That's where I would start. That's a good place to start. Okay. Thank you. Sure. What you can add here from what you're seeing on the markets and on the industry. Thank you very much. For me, you know, I think sometimes that we do have complicates woodiness billion users. Shabay. Now usually we keep talking about bringing people already on the sign crypto into more crypto product. But I think there's a much bigger opportunity. With people who are already working already having money and already running businesses. But I have probably moving or assessing the money that they have now takes someone like a freelancer from Africa for instance. Now this freelancer works with the clients overseas. Now this person doesn't necessarily care about blockchain, DeFi or whatever narrative that is trending. They care about one simple thing. How do I get paid quickly? How do I keep more of what I hand? How do I actually use this money that I hand? And that's why I think crypto can become very, very powerful. If I can receive a dollar-duminated payment and I can hold it or send to someone pay business or convert it when I need a look at currency. Without needing to understand ten different crypto concepts, I think that's where we actually have the real adoption. So I think the next billion probably won't come because everybody suddenly becomes a crypto net or we all understood crypto in and out. It's a come because crypto quietly solves problems people already have. And when technology becomes invisible and the benefit becomes obvious, that's when I think that this came really started. That's when I think on this deal. Thank you, Fisher. Yeah, absolutely great example that your mentioned about Africa because we see that in a real case crypto and blockchain is really amplified what's going on. According to the contemporary development and the content. And because banks are like a traditional infrastructure to invest in Africa. It takes a lot of investments, money, assets and time. And the truth is it should really change more quickly, more quickly ways. So that's a great example. Thank you. What's your take? The same question. For me, stablecoins help most various banks slow or expensive. Like someone gets paid from another country, someone sends money home. A small business takes payment from a client and brought like that's a useful part. And the money can arrive faster like you don't wait until Monday. The fees often smaller. For freelancers, that's a really big deal. Like the problem starts after they got used to it and how now they need a local money. Cash out, there's a rage. Where can I spend this? If that part is painful, the first win disappears. Like people keep the stablecoin only if they need can use it. And pay someone like send it again or cash out without losing a lot. Like if every time they have to fight with their old friend, they go back to the bank. Same for shops. A merchant will not take stablecoins just because it's crypto. They need to pay stuff, suppliers rent. If they can turn it into the money they can actually use. They bonds bother. Stablecoins can make payments better, but only if the last step is easier. And getting paid is a half of the job. Using money is the other half. That's my opinion. Good point. Mr. White, let's get your perspective as well. Hey, man. Finally, thanks for the audience. If you notice why I was speaking, I actually gave a thumbs up because I'd recon with what you have to say. His opinion, although my youth different diction, different words, but we are both opinionated in the same direction. So to put simply, yeah, I think we sometimes have estimates how much the next billion kills about crypto itself. You know, to the generation of very linear. I'm not talking about the young guys generation. They don't appreciate much about what crypto has to offer. But when you give them the benefits, you know, I'm not talking about the mechanics of crypto itself, you know, the crypto, the next billion dollar revolutionary, not all of that. I'm talking about what makes the idea today activities easier. You know, so the average person is in waking up thinking, well, I need to get on the chain today. And it's a finding hundreds. That's mostly said around crypto natives, if you understand me. I think about getting paid sending money, some years saving, assessing opportunities, you know, building the business and all of that. They're not really looking at mechanics. They're looking at making something they want to do already do easier. So in my own opinion, and I think this is an accordance with what Fisher said earlier on correct me if I'm wrong. I think the people we overlook are the people who don't necessarily identify as crypto users. But they have problems with crypto console. And that's where I think the next phase gets interesting. Crypto doesn't necessarily need to convince someone to become a crypto native. It just needs to do something like I've already said an important emphasis on this. It needs to do something that has already been done better. If someone can receive money faster, hold money safer without having to pay fees, taxes, you know, also, intercontinent, disturbances, it gives them an interest. So imagine working up to another element whose 17 I also send money and it's been told that we can't do that. And then you introduce the person to crypto and then the person cannot only send but can also exchange during the weekend when the banks are closed. That is an advantage, an open it advantage depending on who you are telling. So it's increased the value of its global. Without understanding all the infrastructure on the needs, that's a much better story. So for me, the next billion isn't really about getting the billion people to use the wallet. It's about making the billion people beneficiaries of what the wallet already gives out in a better manner, in a better fashion as compared to the idea coming from. So I think all around all we're giving this whole introduction, I said something and I said I would explain it further. So if you have any questions, you just drop it at the comment section. I think I said something about the next billion don't need to become cryptocurrencies. There's just need to become beneficiaries of crypto infrastructure. It's just quite simple. So that's my two cents on this for now. Yeah, that sounds very inspiring. Thank you. Thank you, Mr. White. So let's start with the get in pace because it has all the dimensions, stable coins for all in these process. And I need to talk with my dear guest about these parts of the topic more specifically. So depending on where you leave simply receiving your money can come with the extra steps and costs and fees. So the next question is, as I said, it's about stable coins because it became one of the infrastructural, you know, basic of the contemporary crypto industry. So where do stable coins make the biggest difference?