We discuss the importance of Purpose to mobilise communities in Web 3 with Rene Reinsberg, social entrepreneur and Co-Founder of Celo. He shares Celo’s intense social mission to finally deliver on the decade long promise for crypto-currencies for genuine financial inclusion compared to Libra, and how he convinced some of Silicon Valley’s largest VCs like A16z that it was good business. He talks about how mission gave them discipline to focus down on delivering what features were truly important for a more efficient financial system, a mobile-first platform solution based upon secure and stable digital currencies, to get money to parts of the economy that need it most. We discuss the power of programmable money to finally make innovations like local currencies and digital cooperatives mainstream.
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