The blockchain technology made that previously impossible task possible. But it was much more than that, Wences emphasized. It was the next step in the evolution of money. He tried to explain his recent discoveries about the ledger as the foundation of all money. With Bitcoins, unlike pesos or dollars, everyone using them knew exactly how many existed, and they were not tied to one country. Unlike gold, which was universal but difficult to acquire and hold, Bitcoins could be bought, held, and transferred by anyone with an Internet connection, with the click of a mouse.