Part 9/18:
In a compelling analogy, the speaker traces how escrow and advanced transaction mechanisms have historically been reserved for high-stakes dealings, like real estate or complex asset purchases, due to high costs and complexity. He envisions a future where through blockchain technology, such mechanisms become ubiquitous for small-value transactions—like a coffee purchase—by making the process seamless, affordable, and fast, akin to the evolution of checks into digital payments.