https://www.youtube.com/watch?v=zMa4HwgoeMI
(18:09 to 19:43)
Frens, I just listen to this portion of the interview like ten times in a row...let me know if I'm reaching here, but let me make a case:
/ourguy/ Rick has BIG plans for LTO. He wants to create an empire in the EU.
>Interview Question: "When are you going to collaborate with other countries or governments?"
>Rick: "Obviously it is a long and lengthy process TO INVOLVE EVERY COUNTRY IN EUROPE... parties need to collaborate."
>[explains how public-private integration is not only necessary, but unavoidable — but a considerable source of economic friction]
>Rick: "Because everyone needs to participate IT IS REALLY HARD TO FORM A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED"
>A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED
>A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED
>A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED
>CONSORTIUM — definition: "an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member"
/OURGUY/ IMMEDIATELY follows up with a pitch for LTO to realize that objective.
/ourguy/ continues:
>"Until everything is on-chain, I think we're another decade from now".
But the other times I listened to this interview, I merely interpreted this as meaning everything will be "on-chain" in general, across the crypto space. But now that I'm really listening carefully, I think he is inferring that EVERYTHING WILL BE ON THE LTO NETWORK (in the EU, at least). By "everything" he means this monolithic CONSORTIUM he keeps referring to... the LTO CONSORTIUM.