**Speaker 1:** Because here's the problem that programmable money creates. If our money's digital and it has rules, you need a way to enforce the rules on the right person. You're not an AI behind some deepfake, which means the money part and the identity part have to be connected. Sam Altman's company, they launched it as a solution to a real problem. How do you prove that you are a human being in a world full of AI? And the answer he came up with is scan your eyeball, get a credential, and use it everywhere. Tinder uses it so that you know your match is real. DocuSign uses it so that contracts are tied to verified human beings. Zoom uses it so you know that the person on the other side is not a deepfake. The dangerous part about it, though, is that you're giving a private company a biometric signature that is unique and irreplaceable. With a password, for example, you could change it any time. You can get a new credit card, but you can't get a new set of eyeballs. And once the data exists, it can be subpoenaed, hacked, or even sold. And the company's privacy policy today does not guarantee what happens to your data in 10 years. And biometric collection is not just coming from World ID. You might have noticed that every time you travel, you get your biometrics taken. Things like fingerprints and facial recognition. That's already the standard at most international borders.