Raoul Pal and Bill Tai discuss assets outside of Bitcoin, such as Ethereum and other digital currencies. He thinks Bitcoin is so rock solid, he calls it the “Gold Standard.” Tai then discusses how he is drawn to new and useful technology, and how he may then fund it. He connects currency and value exchange to the beginnings of the US and how initially each state had its own currency. He believes the advancement of time will dissolve national borders of sorts, and that Bitcoin and other coins will have a large part in doing this. They end by talking about how a new blockchain is working with all the professional sports leagues and forming their own micro economies.