Rene Reinsberg, co-founder of Celo, joins Eric Kryski, co-founder of Bidali, to discuss the Celo platform, different stablecoin classifications and their uses cases, views on governance, and when there will be a wider adoption of crypto. When creating Celo, Reinsberg imagined a world where there would be interoperability between protocols, allowing users to seamlessly go between platforms, assets, and applications—he views Celo as that entry point. Reinsberg and Kryski agree that one of the biggest hurdles to adoption in crypto is usability and convenience, and Reinsberg feels those barriers are beginning to break away. However, his concern lies in how the usage of some of these technologies will feel odd to people if they have no context as to why and if they do not offer a seamless experience. Kryski identifies that, as difficult as it is to enter the crypto ecosystem, it is far more accessible than getting a credit card. As most e-commerce today is done through a credit card, crypto adoption will naturally happen over time as individuals look for solutions to provide that broader access point. Filmed on April 7, 2021. Key Learnings: Looking at governance, Reinsberg believes that long term, governance of Celo will happen on a communal level. According to Reinsberg, the Celo Reserve should be made up of digital assets that track alongside the community it serves as much as possible. He believes that, through the use of programmable tokens, different asset classes akin to estates or commodities will emerge, which allows for unique innovation and aligns tokens with community and community goals. In regard to wider crypto adoption, for individuals without a traditional means of purchasing online, Kryski believes that providing an experience that does not require deep knowledge of the product from users will lead to less fraud and more cost-effective ways of spending.