How an Educator
Came to <3 Crypto
@mozzadella, Educator at @stellarorg
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Vanessa was quite happy as a spunky
edupunk on the web.
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Mission-driven
educational work!
Open, free and
accessible!
Huzzah!
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I felt weird
about “money”
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Until I met
Joyce Kim…
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public
infrastructure
for money
cryptographic
hash
multiple
currencies
the
financial
system is
broken
The concepts
sounded scary
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“Digital currency”
seemed really hard.
I thought it best to let
someone else worry
about it.
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Noticed queues
outside check-
cashing storefronts
in West Philly.
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Philadelphia is
#9 nationally:
37.8% of our city
is unbanked or
underbanked.
Source: 2009 FDIC National Survey of Unbanked and
Underbanked Households.
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Post-2008
applicants can be
denied a bank
account for one
bounced check.
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No content
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There had to be a
better way to include
everyone in the
financial system.
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Ok, but what is this
“digital financial
system”?
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It starts with a node.
I’m a server
spun up on
the Stellar
network.
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It starts with a node…
Congratulations!
Beep. Beep.
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The Stellar network transmits funds
from node to node
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Gateways are portals from fiat currency
to the network.
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Lumens are the intermediary currency
the network uses to transmit funds.
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Transactions take 2-5 seconds in a
settling up process called consensus
Looks like it.
Do we all
agree that
Vanessa’s
transaction
happened?
Cool.
Ok, let’s
update the
ledger!
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Products can be built on Stellar for
solutions at the local level.
I sell used
Apple parts on
the Stellar
network.
We have a
lending
club.
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Stellar is giving away 95% of the 100
billion lumens to seed the network.
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Once you see how
the system works,
you can’t un-see
it.
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The future of money is digital…
we all must know how to use it.
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5%
95%
Men Women
Houston, we have a problem…
Demographics
of bitcoin
owners
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People who
make the
products
In a Stellar future:
People who
use the
products
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Disdain
Skepticism
Curiosity
Crystallization
Acceptance
The 5 stages of
learning about
cryptocurrency
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And it’s
much
less
scary.
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To learn more:
stellar.org
@mozzadella, Educator at @stellarorg