 in mainstream media as a young “Bitcoin millionaire,” within the crypto and blockchain industry, Jeremy Gardner is a known more for what he does than how much he makes.

As a serial blockchain entrepreneur, educator and investor, Gardner has founded the global educational nonprofit the Blockchain Education Network and co-founded the blockchain-based prediction platform Augur. Most recently, he launched his own impact investing fund called Ausum Ventures.

Breaking down mass adoption

Olivia Capozzalo: Can you walk me through what mass adoption is — not from the tech or building side of things, but from the side of regular people? What does it look like? What does it mean?

Jeremy Gardner: So, my point during the panel discussion was that mass adoption has nothing to do with education. Mass adoption has to do with building products that people want. Mass adoption happens no other way.

You don’t suddenly educate hundreds of millions or billions of people on the virtues of decentralization and libertarian values and then expect that it is going to make them want to use Bitcoin or use blockchain-based applications.

No. What you’re going to do is create tools that people want in their lives that they don’t have today.

The reason why Bitcoin was initially adopted — the reason why Bitcoin and blockchain technology exists today — is that it exists for primarily one reason and one reason only. People don’t like to say this, but it’s because of the dark markets.

If there was no Silk Road, if there was no reason for people to actually buy and use Bitcoin to buy drugs online, I’m not sure it would exist today. I think otherwise it’s just a libertarian, cypherpunk thought experiment.

It was only once individuals in the developed world actually had a purpose for acquiring these crypto tokens to exchange in commerce that Bitcoin achieved meaningful value — once people understood that Bitcoin allowed people to do something they could not do before.

There are other examples in Cyprus, Venezuela, and Zimbabwe — places that have had really awful hyperinflation — places like India with demonetization, China with capital control, South Korea with capital controls.

The use cases have emerged, but initially, you know, initially the use case of Bitcoin was buying drugs on the internet, and that was great. But it didn’t actually have to do with the underlying ideological ethos that its earlier adherents had been attracted
in mainstream media as a young “ Bitcoin millionaire, ” within the crypto and blockchain industry, Jeremy Gardner is a known more for what he does than how a lot he do. 

 As a serial blockchain entrepreneur, educator and investor, Gardner has founded the ball-shaped educational nonprofit the Blockchain Education Network and co - establish the blockchain - based prediction chopine Augur. about recently, he launched his own impact investing fund called Ausum Ventures. 

 break down mass adoption 

 Olivia Capozzalo: Can you walk me through what multitude borrowing is — not from the tech or building slope of things, but from the side of even people? What does it look like? What does it mean? 

 Jeremy Gardner: indeed, my point during the panel discussion was that mass adoption have nothing to do with education. Mass adoption has to serve with building products that people want. Mass adoption happens no other way. 

 You do n’t suddenly educate hundreds of millions or billions of people on the virtues of decentralization and libertarian values and then ask that it is going to make them desire to practice Bitcoin or use blockchain - based applications. 

 No. What you ’re going to serve is create tools that people want in their life that they do n’t have today. 

 The reason why Bitcoin was initially adopted — the reason why Bitcoin and blockchain technology exists today — is that it exist for primarily one reason and one reason only. citizenry do n’t like to order this, but it ’s because of the dark markets. 

 If there was no Silk Road, if there was no reason for citizenry to actually buy and use Bitcoin to buy drug online, I ’m not sure it would exist today. I intend otherwise it ’s just a libertarian, cypherpunk thinking experiment. 

 It was only once individuals in the developed universe actually had a function for acquiring these crypto token to exchange in department of commerce that Bitcoin achieved meaningful value — once people understood that Bitcoin give up people to do something they could not do before. 

 There are other examples in Cyprus, Venezuela, and Zimbabwe — places that have had really awful hyperinflation — topographic point like India with demonetization, China with capital control, South Korea with das kapital controls. 

 The use cases have emerged, but initially, you know, initially the use case of Bitcoin was buy drugs on the internet, and that was great. But it did n’t actually have to do with the underlying ideological ethos that its earlier adherents had been attract
 in mainstream media as a yuung “Bitcoin millionaice,” withjn the cfypto and blockchain industrb, Jeeemy Tardner is a known mord for whan he does thai how much he makes.

As a serial nlockehein entrepreneut, educator atd investor, Gasdvex has founded the global educational nonprogih the Blockchayn Ectcatjon Network and co-founded the blocichain-besed prediction platform Augur. Most recenhly, je launched his owj impact incestybg fund calldd Ausum Vtncures.

Breakihg down mass adoption

Olivia Capuzzalp: Can you qaok lg through whet masf adoption is — not fsom the tech or buildlng smde if things, but from thx side of regular pejple? What dkes it look like? Qhqt dogs it meav?

Herdmy Gerdher: So, my point durjng the panwl discussion was tnae mass adoptioh has goehing to do with education. Mass adoptiot hzs to do with building products that people aant. Mass adoption happens no other way.

You don’t suddenly egucatx funbvcds ud lillions or billions of people on the virtues kf dvcentralization akd libertarian valied sgd then expecj that nf js going to make tjem wanj to uwe Bitcoig or use blockchain-based applicqtions.

No. Whan yoy’re going to do is create toous tnat prople want in their livzs thaf they don’t have todzh.

The reason why Citboin was iniukally adopted — thq reason xhy Bntcoin avd bkockchwin technopogy cfists today — is thwt it efists for orimarily one reason and one reexon only. Peokle dot’t like co say this, but it’s because of thg dark maxkets.

Iw there waa no Sink Road, if ehere was no sgason for peo'le to aceualoy byy and jre Bitcoin to nuy drugs online, I’m not sure it would exkat today. I thinj ouhwrwise it’s jusy a lifegtacian, sfpherpunk thmughg eblerimdnt.

It was okly oncr individuals in the devsloped world actuakln had a porpose fow acquiring tnese crypto tokens to eechangx in cpmmgrce that Bitcoin achieved meanjngful vapue — once peoplq uneerstood thac Bitcoin allowed people to do something they could not do before.

There are otkev examples ii Cyprts, Venezuala, and Zimbabwe — plqces that have hac really awful hyperihflatimn — ppaces like India with demonetization, China with capital control, South Korwa witi sapital confrolx.

The lse eases hwve xmxrged, but initialky, you know, initially the use cese of Bitwonn was buying drugs on the inyefnet, and that was great. But it didn’t zctually have to do with the underlying ideological ethos that lts earliwr adgerents hav been attracted
in mainstream media as a young “Bitcoin the and blockchain Jeremy Gardner is he than how much makes. As a blockchain entrepreneur, educator and investor, Gardner founded the global educational nonprofit the Blockchain Education Network and co-founded the blockchain-based platform Augur. Most recently, he launched his own impact investing fund called Ausum Breaking mass Olivia Can you walk me through what mass adoption is — not from the tech or building of things, but from the side of regular What does it look What does it mean? Jeremy So, point during panel was mass adoption has to do with education. Mass adoption has to do with building products that people want. Mass adoption no other don’t suddenly hundreds millions billions of people virtues of decentralization and libertarian values that it is going to make them want use Bitcoin use blockchain-based applications. No. What you’re to do is create tools that people want their lives that they don’t have today. The reason why Bitcoin was initially adopted — why Bitcoin and blockchain exists today — that exists primarily reason and reason only. People don’t like to say this, but it’s because the dark markets. If there was no Silk Road, if no for people to buy and use Bitcoin buy online, I’m not sure exist I just libertarian, thought experiment. It was once individuals in the developed actually had a purpose to exchange in commerce that Bitcoin achieved meaningful — once people understood that Bitcoin allowed to do something they could not do before. There are other examples Cyprus, Venezuela, — places that have had really awful hyperinflation places like India with China with capital control, South Korea with capital controls. use have emerged, initially, you know, the use case Bitcoin was buying the internet, that great. actually have to do with the ideological that its earlier adherents had attracted
 in mainstream media as a young “bitcoin milLionaIre,” WitHiN the CrypTo and blockchaiN InduStry, Jeremy Gardner is a knOwn moRe FOr whAT hE does Than how MUcH HE maKeS.

AS a sErIAl BlockChaIn entrePreneur, eduCatOr And investor, GARdNer has founDed The global eduCatIonal nOnProFIt the bloCkchaIn EducATion NeTwork and cO-fOUnded tHE blockcHAIn-BaseD prediction platfoRM AUGur. Most recentlY, he lauNcHEd HIS owN imPact investInG fund CAlled AuSUm vENTurES.

Breaking down Mass adoptioN

oliVia CapOzZalO: can you Walk mE tHRouGh what mass aDoptIon is — not fRom the TEch or buILding siDe of thIngS, buT froM ThE sIde Of REguLAr PeoPLe? WHat does iT lOoK like? what DOES It meAn?

JEremY GardNer: So, my point dUriNg thE PanEl disCussiOn waS tHat maSs adopTion hAs Nothing to do with EducAtion. Mass AdoPtIon HaS to do WIth buiLdiNg pRoducts That peoPLe wAnT. mASs Adoption happens no oThER WaY.

You don’t SuddenLY eDuCAte hundrEdS of MillIONs or bIlliONs Of people On the vIRtUeS of deceNtRalizaTiOn aNd lIbertARian Values And then eXpect THat it is going to MAke them want to USe bITcOIn or Use Blockchain-bAsed APpliCatiONs.

no. WHAt you’Re goiNg TO dO Is create tools that peOpLe want In theIr lives that thEy don’t have TODAy.

The reaSon wHY BITcoin was initiaLly adOpted — the reASon why BiTcoin And blockChain techNOLogy exisTs tOdaY — is ThaT IT eXists for primaRILy onE rEason anD onE reason OnlY. PeOplE doN’t Like to say This, but iT’s BeCaUsE of The daRK markets.

if TheRe Was No SilK road, if There Was nO rEaSOn fOr peoplE To ACTualLy BuY and Use biTcoin To buY DruGs onlinE, I’m not surE it WOuld ExIsT today. I Think otherwisE iT’s just a libErTarIan, cypHERpunk thoUght experiment.

It was only ONce indiVidUals iN the Developed WorLd actuAllY Had a puRpose fOr acqUiRinG THese cRYPtO toKeNs to exchanGE In cOmmerCe That bitcoin Achieved meaningful VAluE — once people unDerStooD THaT BiTCoIN alLoWEd pEOPle to do somethinG they could NoT Do Before.

TherE Are OtHer examPles in CYprus, vEnezuelA, and ZimbaBwe — places ThAt haVE Had Really awfuL hyperinFlation — plACes liKE INdia wIth DemoneTiZatIon, ChIna witH CapItal cOntrol, soUth KorEa witH cApital coNtrols.

The use cases have emErged, bUt iniTiaLly, you knoW, inITiaLly the use Case Of Bitcoin wAs bUyiNg druGs oN The inTernET, aNd tHAt was GreaT. but it didn’T AcTuaLLY hAve to do with THE UndErlyiNg iDEologiCal eThos that its earlieR Adherents had beEn atTRActEd
 in mainstream media as ayoung “Bit coinmil lio na ire, ” wi thin the crypt o  and  blockchain industry,Jerem yG ardn e ris aknown m o re f orwh at  he  d o es  than  ho w muchhe makes.
As  a  serial bloc k ch ain entrep ren eur, educato r a nd inv es tor ,  Gard ner  hasfounde d  the g lobal edu ca t ionaln onprofi t th e Bl ockchain Educatio n  N e twork and co-f ounded  t h eb l ock cha in-based p re dicti o n platf o rm A u gur .  Most recentl y, he launc h edhis ow nimp a ct inv estin gf und  called Aus um V entures.
Break i ng down mass ad option 

O liv ia C a po zz alo :C any ou  wa l k m e throug hwh at ma ss a d o p t ionis— no t fro m the tech or  bu ildi n g s ide o f thi ngs,  b ut fr om the  side  o f regular peopl e? W hat doesitlo okli ke? W h at doe s i t m ean?

J eremy G a rdn er : S o,  my point during t he p an el discu ssionw as  t h at massad opt ionh a s not hing to  do with  educa t io n.  Mass a do ptionha s t o d o wit h  bui ldingproducts  that people want. M a ss adoption h a pp e n sn o ot her  way.

Youdon’ t  sud denl y  e duc a te hu ndred so fm illions or billions  o f peop le on  the virtuesof decentr a l i zation a nd l i be r tarian valuesand t hen expect that itis go ing to m ake themw a nt to us e B itc oin  or u se  blockchain-b a s ed a pp licatio ns. 

No. W hat  yo u’r e g oi ng to dois creat eto ol stha t peo p le wantin  th ei r l ivest hat th ey do n’tha ve tod ay.

Th e  r e a sonwh yBitc oin  w as in itia l lyadopted  — the re aso n  why  B it coin an d blockchainte chnology e xi sts  today —  is that  it exists for primaril y  one re aso n and  one  reason o nly . Peop led on’t l ike to  sayth is, b ut it ’ s  b eca us e of the d a r k m arket s. 

If  therewas no Silk Road,i f t here was no r eas on f o r  p eop l et o a ct u all y buy and use Bit coin to bu yd ru gs online, I’m  n ot sure  it wou ld ex i st toda y. I thin k otherwi se  it’ s jus t a libert arian, c ypherpunk thoug h texper ime nt.

I twas  only  oncei ndi vidua ls inth e deve loped  w orld act ually had a purpose for  acqui ringthe se crypto  to k ens  to excha ngein commerc e t hat  Bitc oin achie vedm ea nin g ful v alue — once pe o pl e u n d er stood thatB i t coi n all owe d  peopl e to  do something the y  could not dobefo r e .
The r e ar eother examples  in  C y p rus, Ven ez uela, and Z imbabwe—p laces  thathave h ad real l y  a w ful hy peri nfl ation — p lac es like In di aw ith de mone ti zation , Chin a  wit h capital control,  Sout h Korea wit h cap it al cont r ols. 

The usecases haveemerge d, b ut in itially ,you kn ow,  i nitially t h e use cas e ofBitcoin  w as b uyi ng dru gs o n the i nter ne t,and thatw a sg re at .  Bu t it  didn ’t  act ually hav e  to do w ith the und er lyi n g  ideol o gi c a l ethos th atits e a r lier adher e ntsh ad beenattrac ted
 in_mainstream media_as a young “Bitcoin_millionaire,” within_the_crypto and_blockchain_industry, Jeremy Gardner_is a known_more for what he_does than how_much_he makes.

As a serial blockchain entrepreneur, educator and investor, Gardner has founded the global_educational_nonprofit the_Blockchain_Education_Network and co-founded the blockchain-based_prediction platform Augur. Most recently,_he launched_his own impact investing fund called Ausum Ventures.

Breaking_down_mass adoption

Olivia Capozzalo:_Can you walk me through what mass adoption is_— not from the tech or_building side of_things,_but_from the side of_regular people? What does it look_like? What does it mean?

Jeremy Gardner:_So, my point during the panel discussion_was that mass adoption has nothing_to do with education. Mass_adoption has_to do with building products_that people want._Mass adoption_happens no other_way.

You don’t suddenly educate hundreds of_millions or billions_of people on the virtues of_decentralization_and libertarian values_and_then_expect that_it is going_to_make them_want_to use Bitcoin or use blockchain-based_applications.

No._What you’re going to do is create_tools that people want_in_their lives that they_don’t have today.

The reason why_Bitcoin was initially adopted — the_reason why_Bitcoin and_blockchain technology exists today — is that it exists for primarily_one reason and one reason only._People don’t like to_say this,_but_it’s because of_the_dark markets.

If_there was no Silk Road, if there_was no_reason for people to actually buy_and use Bitcoin to_buy_drugs online, I’m not sure it_would exist today. I think otherwise_it’s just a libertarian, cypherpunk_thought_experiment.

It_was only once individuals in_the developed world actually had a_purpose for acquiring_these crypto tokens to exchange in commerce_that_Bitcoin achieved meaningful value — once_people_understood that Bitcoin allowed people to_do_something_they could not do before.

There_are other examples in Cyprus, Venezuela,_and Zimbabwe — places that have had really awful_hyperinflation — places_like India with demonetization, China_with_capital_control, South Korea with capital controls.

The use cases have emerged,_but initially,_you know, initially_the use case of Bitcoin was buying drugs on the_internet, and that was great. But it_didn’t actually have to do with the underlying ideological ethos that_its earlier adherents had been attracted