Neo is offerred the choice between between the Blue Pill and continuing to live in an synthesized, fictional, computer generated world, or taking the Red Pill and joining the real world and escape from the Matrix.

At last.
Welcome, Neo.
As you no doubt have guessed. . .
l am Morpheus.
lt’s an honor to meet you.
The honor is mine.
Please, come. Sit.
l imagine that right now you’re feeling a bit like Alice. . .tumbling down the rabbit hole?
You could say that.
I can see it in your eyes.
You have the look of a man who accepts what he sees. . . .because he’s expecting to wake up.
lronically, this is not far from the truth.
Do you believe in fate, Neo?
Why not?
l don’t like the idea that l’m not in control of my life.
l know exactly what you mean.
Let me tell you why you’re here.
You know something.
You felt it your entire life.
Like a splinter in your mind. . . .driving you mad.
lt is this feeling that has brought you to me.
Do you know what l’m talking about?
The Matrix?
Do you want to know. . . .what it is?
The Matrix is everywhere.
It is all around us.
Even now, in this very room.
You can see it when you look out your window. . .or when you turn on your television.
You can feel it when you go to work. . . .when you go to church. . . .when you pay your taxes.
lt is the world that has been pulled over your eyes. . . to blind you from the truth.
What truth?
That you are a slave.
Like everyone else, you were born into bondage. . .
A prison. . . .for your mind.
Unfortunately, no one can be. . . .told what the Matrix is.
You have to see it for yourself.
This is your last chance.
After this, there is no turning back.
You take the blue pill. . . .the story ends, you wake up|in your bed and believe whatever you want to believe.
You take the red pill. . . .you stay in Wonderland. . . .and l show you how deep the rabbit hole goes.
Remember. . . all l’m offering is the truth.
Nothing more.
Follow me.