Part 10/11:
The speaker notes the speed of innovation in the realm of cryptocurrencies, with hundreds of competing coins and similar technologies emerging rapidly. They highlight that the future will likely involve multiple digital currencies, each with different features—such as inflation controls, programmable money, or redistribution mechanisms.
Critically, the concept of programmable money opens endless possibilities. Smart contracts—self-executing agreements embedded in code—can replace legal contracts, automate transactions, and facilitate trustless agreements without middlemen.