**Listen (1:16:48 - 1:42:25)**

Speaker

Alex Shipp

Twitter: @AlexShippXFT

Company: Offshift

Highlights

• The intersection of privacy and decentralized governance
• Money emerges organically to enable economic agents to:
  • Store value more effectively
  • Conduct exchange with less friction
• Credit emerges organically to support organizations and systems of exchange to become more”
  • Efficient
  • Versatile
• BTC & ETH (1.0)
  • The emergence of sound money
    • Storage and transaction of wealth
    • Decentralized
• DeFi (2.0)
  • The emergence of sound credit
    • Efficient
    • Versatile
    • Decentralized
• The drawbacks of the virtual domain
  • Information/Data constitutes Wealth
  • Privacy IS scarcity
• The PriFi (Private Decentralized Finance) Standard
  • Hosts Decentralized Financial Applications (DeFi)
  • Confers unequivocal privacy
  • Operates on-chain (Ethereum)
• Iterations of Governance

• Privacy is the key element that keeps virtual economies in check.
• DAO architecture supports governance models in the virtual space.