4.9 • 2.1K Ratings
🗓️ 4 March 2024
⏱️ 76 minutes
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0:00.0 | So when I first saw blockchains, what was interesting about it is that maybe this is a way that we can build new. |
0:05.3 | I think blockchains are the only credible technology. |
0:07.2 | They're reaching a two year high above $57,000. |
0:10.3 | There's often a lot of kind of confusion around what is crypto what are blocks what problems do they solve why would you want to use them the internet was supposed to be a |
0:18.4 | Decentralized network anyone can go put up a website. There's a few aspects to that. |
0:22.8 | Like one is control and then number two is the economics like is it free or maybe you put |
0:26.7 | ads or maybe you charge for something. |
0:28.3 | But it also had it I think an explosion of entrepreneurship. |
0:30.7 | You know Amazon, Facebook, YouTube and all these great companies is they knew |
0:34.0 | they could put up a website, build it, and they would own it. |
0:36.5 | What are your thoughts on NFTs and how they evolved over the last couple of years? |
0:39.9 | The NFTs are an atomic unit of ownership. |
0:43.4 | What if we have all of this sort of big complicated thing |
0:45.4 | with everyone in the world and the internet |
0:47.0 | can now own things? |
0:47.8 | Okay, well, that sounds complicated. |
0:49.1 | So NFTs are a way to simplify that. |
0:51.0 | Here's a little container, it's a little box, and you can put something in it, and that's a unit of ownership. |
0:55.2 | That's what an NFT is, it's a very abstract concept. There have been a lot of dumb NFTs. There have been a lot of dumb |
0:58.1 | NFT projects. There's been a lot of dumb shit on the internet, but over time, I think these technologies have a logic of their own because people |
1:03.7 | run experiments and build things around it and so... on the podcast in the past or other podcasts there are two activities that I love |
1:14.8 | one is rucking which is where you are hiking with a weighted backpack Peter Tia got me |
... |
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