Tag Archives: smart contracts

Charles Hoskinson with Bird on Shoulder

How I Learned to Stop Worrying and Love Charles Hoskinson TPP268

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In this episode I share words of praise for my favorite hero in the crypto/blockchain space, Cardano founder Charles Hoskinson

My Non Verbatim Show Notes:

Coming from a place of bliss

Immune systems thrive on bliss

with all due respect to suffering, sick and dying, which we could all be one of us

podcast could be titled my 2020 crypto investment thesis, heart of it is my crypto crush, bromance with charles hoskinson, who I have been a fan of now since the end of 2017 where I first got interested, made first purchase of ADA, token or coin that operates on the cardano network, a multi stage, multi phase very complex cryptocurrency platform

story for me of what I would call crypto man crush, I don’t have any personal connection to, don’t have any rapport, just putting out these words because this has been my hope, most optimism I have in heart and mind comes from his work, not just him as a thought leader, innovator, genius, mathematician, cryptocurrency serial entreprenuer

he is a node in his own network, simply another node, by design

I’m spending some time here not to “shill” a crypto token” this is not investment advice, it is an opportunity for me to express from the depths of my soul what I find to be the most optimistic, not just investment opportunity this is for the soul and spirit of liberation of humanity, the spirit of liberation from slavery exploitation abuse tyranny, the core beliefs, principles, values of any freedom loving,

the most universal aspiration is to be free form tyranny, so the study of human freedom is an infinite study, for me the ultimate current embodiment if I chose one person who is a founder of an ensemble cast of geniuses, with the spirit and ethics of liberation at their hearts

what has captured my heart and imagination it goes back, the story , to put it in sequence

why have I arrived at the pinnacle of my techno optimism resting on the shoulders of CH and company

why have I arrived, how

sequence of events goes back to my religions scholarship of bitcoin once I began to realize gains, rabbit hole, andreas antonopolis, the bitcoin podcast, omar bam, cryptos news

shy about exchanges, had to go through multiple currency swaps to get to an alt coin you may want exposure to, the story begins with my other crypto crush bromance, crypto bobby, he and omar bam, he’s the one who’s explainer videos got me to feel comfortable and confident, in understanding how to do professional trading on an exchange, not just buy, actually getting some understanding of how to place different kinds of orders, move from one currency to another, do the math, its really intimidating, scary, can lose nerve, lose mind, lose money

I was very hesitant, but crypto bobby was the sheperd, dangerous places, sharks and whales will eat your lunch, so much respect to him

his best investment of 2017 of all the icos, was his investment in this thing called cardano, I was at the time, I’m just gonna buy whatever crypto bobby has in his portfolio, because he knows more than me

vegas/lottery money, threw I tiny bit at what he was recommending, most of hit has been under water, maybe I glanced at the white papers, but the thing that got my attention was, easy sell, CH co-founder of ethereum, not just a script kitty sitting in a basement, copying a white paper, not vapor ware, not just the ico bubble

of the shit coins that will never come back to life, cardano, not just the project, the personality, the captivating charisma, not like a false charisma, like a ted talk charisma, watching the CH ted talk, between that and what’s called the white board videos

breaks down 1st, 2nd, generation blockchains, how they’ve reached multiple deal breaking scalability, governability, interoperability

in the trenches, very experienced, developing a platform play, as they say in crypto trading world, this is a blockchain that smart contracts and applications using the backbone will be able to build on top of

bitcoin basically just transferring value back and forth, you could be on top of that, but lacks functionality to run more complex computations, stories of transactions can’t be processed

ethereum, infinite complex programmability, on the base layer

at the peak of the market in 2017, thanks to getting served up by crypto bobby watching the ted talk, the white board videos, in a position to take some of my bitcoin wealth, which was not a lot, I wasn’t mining in 2010, I’ve barely been above water, shaken out a few times, weathered the storm, it’s been about what you have loyalty and allegiance to, difference between investing and trading

white board videos give the lay person, I’m not a math, not cryptographer, not a computer scientist, just a power user, copy and paste code, web admin, designer, marketer, more about the graphical user interface, will hire a programmer if I have to go deeper than that, enough understanding for the white board video, but some was going over my head,

now a few years later, studying to catch up on this movement, watched again recently, its so deeply profound, years later I can actually in real time, everything he’s staying clicks for me, I could be enamored with several other competing projects, I put skin in the game because I liked him, this project was really intelligently evolving, learning from triumphs and failures of bit coin and ethereum

more peer reviewed, more academic, not move fast and break things, actual governments, actual economies, critical infrastructure can be built on

he’ll be an exalted position, diplomacy, academic rigor

that’s what sold me, I didn’t continue to buy all the way down, put skin in the game, everything underwater, project in stages of development, other projects crashed and burned and sped ahead, classic story of the tortoise and the hare

I don’t feel a personal connection through the socialbility of the internet personalities of any of the other founders of competing projects, that’s why I can say, I can list off not the selling points of buying cardano or ada to put in investment portfoilio, if I will give any advice, if you want to feel optimistic, about the future of this planet and promise of crypto anarchy, wise, not juvenile, intelligent mature anarchism

talk to your financial advisor about if, when, why, how, what, where cardano fits in your portfolio

I see opportunity to learn from a master of the political economy of the planet earth, a personable master, synthesis of wayne and garth in one person

down to earth, approachable, entertaining, fun, human

unsocialable tech geniuses who don’t make an effort, they just don’t have the calling, the personal, not connecting with people

not a politician or technocrat, it’s just a master

if you want to learn to be a ninja or samurai, there is a sacred devotional traditional classical meritocratic relationship to have with a master

if you’re student and don’t know where to start to understand cryptography, financial technology, the stock market, the systems of government around the world, the international banking system, all the digital fabric that stitches all this together, where am I gonna go to learn all that stuff

all of my crypto mentors have made the difference of me being a beggar or me having options

respect, admiration, meritocracy of those who’ve been further down a path

why do I sing these praises so much, I’ve watched the youtube videos, have subscribed and been a fly on the wall during his AMA

incentivized test net, more reasons to love

I wake up every day feeling optimistic being in a world where the principles represented by CH are being pushed forward against all forces of evil, fraud, manipulation, so long as he remains in good standing with this ethics, I’m going to say that, without having met in person, here’s why I’m so thrilled about his work

as much as any of my tantra mentors, he’s my financial guru mentor

he’s a farmer and gardener, that’s going to excite me very much knowing that he has that balance and that connection to the earth, also mushroom worship, into medicinal plants, giggles about psychdelics, advocate of medicinal psilocybin, fan of Paul Stamets, checking of serious boxes for me, pro shamanic liberation, most important of all things, being connected to the earth through farming

if there was on person on earth where someone should gift him a permaculture design course

there have got to be more permaculture educated crypto millionaries in the world, there’s not enough, the fact that he has a farm, grows vegetables, retrofitting his zones, I just can’t imagine, he hasn’t mentioned it once so far yet

I could go on forever about applications of blockchains in permaculture designs, that’s what makes me very optimistic, thanks to these guys, not to many other geeks and crypto millionaries have their hands in the soil, low hanging fruit to turn on to permaculture design if they aren’t already into it, that’s very exciting to me

you could be steeped in sustainability, green tech, radical politics and maybe only barely bump into permaculture without having gone down that rabbit whole, everyone who’s all about bitcoin, satoshi rabbit whole, permaculture is more profound and empowering, not to compare, the enthusiasm that permaculturist have its very similar

words of vin armani, invest in the revolution and get rich doing it

its not about speculation, whales manipulating markets, still in 90percent speculation, love CH because the price is the currency is not the metric to be watching, it’s the amount of usage of the platform by developers, by apps

not going into why I choose

if you ask me what crypto to I have the most allegiance to, it’s not bitcoin, its not ethereum, it’s cardano because of the love I have for CH, he’d have to have a severe fall from grace for that to change

who are you going to be a student of who is a master of the world we live in and the future that’s about to unfold

you’re gonna want to have options with digital privacy, financial privacy, security, intelligence, all these things are being accessorized within cardano, intelligence behind it, rigorous academic approach, battle hardened, test with dick waving ego maniacal rich douche bag hate, he’s been hated on because he’s a maverick, I respect that, I salute him,

I hope you can catch up on why it is important to study this man, of all the people you were forced to study in k-12 you studied a lot of men, I don’t respect or like or appreciate many of them

one thing I was trained to do was study men, and this man is worth, whatever semesters of school you had to study somebody in history, whatever it was, take that approach, this modern genius renaissance man, take that approach to it to understanding his perspective and analysis, very accessible, does amas if you want to ask him something jump on his ama, subscribe to his youtube channel

I didn’t get in early enough or put in enough to be rich from bitcoin, but so infinitely wealthy in terms of hope and invigoration

the revolution that never happened when iw as a teenager, the anarchist revolution that never happened, the streets of the WTO, glamorizing machismo form of anarchism, juvenile

cypherpunks were writing the code to elegantly subvert the entire system

I was fighting at the lowest point of leverage, fighting cops in the street because they will break your skull, break bones, deport you, put you in prison, I barely got out, times where I barelyi got out with my bones intact, my share of arrests, evasions, escaped

I’m not putting down protest, all of the screaming, chanting, protest signs, I should have spent at least half the energy to study the subversive potential of hacking, and crypto anarchism, and the cypher punks, I didn’t I’m late, I’m not one of the rich people, I’m wealthy now having studied it having it transform my life

love that I feel for satoshi nakamoto, I think it’s the heart and soul of Dave Klieman and tretchery of Craig Wright

the people who want to believe in benevolent satoshi, I’d like to know more about dave kleiman, what made him tick, do some investigative journalism around that, its sorely lacking

I have not been satisfied by the crypto journalism coverage of the works of dave kleiman

how is there not any breadcrumb trail of his code, of his previous work being studied, total bermuda triangle over this guy

back to love and wealth

so much passion and optimism and love and freedom and empowerment, more empowerment than I ever go from any other drudgery of anarchism that was all utopian pipe dream bullshit, drama, demoralizing net lose of youth, vitality, no return on investment

love for satoshi, I hope the heart and soul is the benevolence

maybe I’m projecting that love onto somebody, the love I would be, as a fan, if people want to love tony robbins, I guess I love him, he’s transformed my life, enjoying podcast, and lectures for years

for me CH is like the love I have for tony robbins, and absorbs the love I have for satoshi, he of all people is carrying on satoshi’s vision, not just satoshi, the vision is the cypherpunks, egalitarianism through math, beyond any of the countless people

this goes back a very very long time, liberation through math, that is a beautiful study

india, the math and science of islam, so much beauty to behold in the history of the best of how math has been used

john zerzan would not be a huge fan of this meditation but when used wisely for the benefit of liberation

new profound respect for rules without rulers, I love andreas too so so much

the projected love I have for satoshi, I love andreas, that love of those who are your mentors, gurus, masters, teaching you helping you navigate the best of the spirit of cryptography, math and cryptoanarchism

who has the most integrity, who’s the most mature, who perseveres hold virtue against all criticism and all odds, and be so personable as to earn the respect of the elites of the world, from financial to governments to most destitute

all stand to gain from the leveling of the playing field

studied him from afar, choose what carter thomas said, brought me a ton of appreciation for, anybody could have told me you could invest in tech stocks, I was an eco anarchist, anarcho primitivist, peak of idealism, in teens and 20s that would be like selling my soul, selling out to have anything to do with the financial system

there’s a million things I’m hypocritical about in my purchases, what I let slide in my supply chain ethics, but the idea of I could just invest in everything that gets people rich in the world the shit that rapes the planet and is build by slaves

beholden to cardano, being able to have whatever money you don’t put into vices and give to the man, whatever you can pay yourself with, give yourself a salary, you give money to grocery store, tax man, how about salary to yourself, percentage of salary

trying to catch up on the foolishness of not having money, investible wealth, there wasn’t an option

I’m never gonna touch owning any stocks because it’s all evil, that narrative, partially true, more nuanced, you could invest in ethical corporations

money phobic conditioning doesn’t serve you, didn’t serve me

what matters now it’s possible to dare I say have a 100% ethical vehicle to deploy capital, potential for there to be a return on investment, for me I’m interested in more than a financial gain, I’m interested in participating

one of my desktop background images, ch and friends planting a tree at second anniversary party of cardano, how much closer to my heart can you get

the opus of a man

to have warm feelings of adoration and respect someone who is a master and teacher

I want to say, if you’re thinking about killing yourself right now, binge watch andreas and ch, and you’ll never think of killing yourself again, you’ll be so thrilled to be a live in this moment of opportunity

this revolution, its been the most healing thing for my heart, my heart has bled, it’s been a bleeding heart for a long time, bleeding since I was raped as child, bleeding so long for a revolution that didn’t betray me exhaust me or deplete me

I am getting well and wealthy and healed by a revolution of crypto anarchist math geniuses

I would befriend the geeks, learn from them, kept them close, respected their talents, watched their wizardry

not going to be shaken out, I will have strong hands

enthusiasm for life, happens when you understand crypto

ch was significant factor in that extremely important chapter in the history of crypto anarchy, financial technology

I love ethereum but I love cardano more

a blossoming, an evolution of that

it includes and transcends, ken wilbur,

ch represents inclusion of and transcendence of cypherpunk legacy, geeks behind the internet, bitcoin, ethereum, hopefully this ever evolving and intelligently designed, big tent, compliance, scalability, governance, high transaction throughput, security, privacy, identity

reality of whole planet of different jurisdictions

masterminding, not a lone as he has done, financing research, research based approach, incorporating cryptographers of the world, mature, responsible fashion to where I don’t just put my money into this project, I put my heart and soul as much as I can say I was transformed by tony robbins, love him, am a fan, recommend him

if I get in certain funk, bam, tony robbins hour of power, it’s a resource that’s always there, not saying put your life savings, go in debt, take out a loan, sell your house, try to chase this penny stock, not what I’m saying

admiration, respect, looking up to, being role modeled by

not juvenile in a naive way, but in the fuck yeah I want to emulate your success, the purist adoration, it doesn’t mean they’re perfect or a god, you see them perform, they’re a master of something I respect and want to achieve in

the money is shiggles on top of the thrill of being a fan of the heros of the space

if you’re an adult you can bet some of your wealth accordingly

seeing people you believe are bad asses and what to emulate what they’re doing

he doesn’t have to be perfect, just willing to admit faults, be open to criticism, transparent

anchoring into heart space saying prayers and well wishes, and support, spiritual warrior crystal grid pranic healing, purple breathing send a lot of love to this man, understand him, I beg you

what he has published in his works, what he’s trying to do for you and the world

project love and healing , positive energy around him, as he ascends, as a master

his path of jedi ship if you will, he’s being forged in a fire of toxic astral sabotage and counterintelligence, nasty demonic bullshit

if you’re a tantric you have your sex magic rituals, put this man on your list of people to pray for, bless him with the orgasmic energy of eternal goddess bliss through kundalini awakenings

absolute honor, dignity, reverence and respect

we have this feeble frail imperfect tissue flesh animal human form but when we claw and dance our way to our highest self, climbing kundalini shakti energy, higher selves, godhood, goddesshood of ourselves and our beloved

invite the avatar of this man into the astral realms and armor him with all of the divine love that you can

Tantra Punk Singing Live

Reflections and Predictions on the Evolution of Music Industry Technology TPP242

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In this episode I share reflections and predictions from my experience of the evolution of music industry technology, excerpted from a academic research interview

My (non-verbatim) notes:

TP: Creating record albums on vinyl with indy punk bands, some times on labels, sometimes 100% diy

have had experience of difficulties, as a very strict very purist indy artist, wanted to avoid bar codes, distributes, anyone who’d want to control you creative direction

getting you hooked on hype

bands renting big tour buses, fancy hotels, their in debt with the label, they lose the right to perform with their name

didn’t have any of those horror stories to that extent, but experiences I had sometimes selling out a little bit to the labels and the music industry, it’s an asymmetrical deal

the sports player who gets their checks is rich, but the person who writes their checks is wealth

if you’re the talent or player or whatever you are that’s generating this ecosystem of wealth around you, always replaceable by whatever’s up and coming next

if you’re not making them money hand over fist, your music gets tossed in the bargain bin, that was the brick and mortal experience before things got super digital

different forms of financial abuse and exploitation, deal end deals, contracts not being honored, music being bootlegged

when you’re sold to have higher hopes but you don’t get the backing that you’d thought you’d get

melting down of band relationships, smart contracts are apt

blockchain tech and facilitate more autonomy and more decentralization, really have more disintermediation between artists and their end user audience, their fans

this technology of smart contracts can create more returns and more yields, more control of royalties, management, intellectual property rights management through smart contracts

a lot of disputes, drama, heart breaking madness when bands form and they all start out as college buddies, high school, garage band, resistant to notion of creating contracts to split up ownership

it’s a myth that if you engage in a contract you’re assuming an adversarial relationship, it’s like when people don’t do prenuptial agreements, happens in bands all the time, really ugly to the point where several bands are using the same name like a forked blocked chain, lot of drama, problems

when you want to bring in a studio musician or side person, can’t afford representation

once a smart contract gets written in code, it can get duplicated, modified, iterated upon

all that stuff is unfolding pretty rapidly

I’ll probably make it into the early adopter bracket, but I’m relying on geeks, developers, want to be in first generation of early adopters, enthusiast for technology

last time I toured with a band, we had a pay with bitcoin option

evolution of stable coins, dai, maker dao, really gonna facilitate solving a lot of early problems that ethereum dapp developers being

one of the most exciting them for me about it is you can resolve and prevent disputes, sit down with collaborators, and say are we gonna go in equal rights per contributor, you might say, the drummer doesn’t write melodies, or lyrics, but we have the creative solidarity, since it’s not just a cult of the front person, there’s a place for that too, for example a band every body wants to value each other’s input equally

thanks to bitpay you can do ethereum payments, a lot of this stuff can work along side or parallel, payment to smart contract, can split percentages to each member

talent buyers at clubs, be just like making a paypal payment or swiping a card, as an artist you could make a statement by going full crypto

if its not direct crypto payments, this band is going to funnel our payments, from all revenue streams, have it all go into a smart contract, still have accountant, still have legal advice

security of immutable blockchain, better to say corruption resistant

people embezzle, people pocket money, some people feel they deserve more

they creep up, a lot of resentment kills bands, how many bands could you save if you were able to preclude 99.9 percent of the drama that happens over sharing resources

M: do you think this is a solution that would really change or help music industry, goes to apple, then to record label, is there a big need for an instant royalty payment

TP: yeah, that’s a great point, I’d say that’s absolutely critical where we get to the point where Andreas Antonopolis, I think he coined, at least the first time I heard the word, basically called it streaming money if we get to that point where for example, some miracle of governance makes it possible for one of the competing blockchains to facilitate lightning speed peer to peer transactions, that don’t get bottlenecked like ethereum network and crypto kitties

sometimes perverse incentives with confirming transactions and blocks, for general listening audience, at this stage of development, early stage, a long lag time, when there’s more use the system gets less efficient, it doesn’t scale, the way we’re used to

we want to get to this state of streaming money, micro payments and splitting up in multiple recipients via smart contracts, within next year or two is my guess, legal contracts that hold water

let’s say you’re a band and you’re on the road, and you already tapped out your advance for the recording, you went out of pocket, you’re out there on the road, like a start up that doesn’t have seed funding, if you’re vehicle breaks down, or you gotta bail out one of your members because they were plastered and started tearing up the hotel room or something, or you have to buy them drugs, if you had streaming money, we just did a great performances, numbers are going up, people sharing music, posting videos, some platforms do have faster payouts, but the older school gears of processing payments

it would be great, for established bands, they could have a really good run putting out a chart topping single, then the growing pains of success can kill the band, they can break up on the first tour, being a touring musician is more stressful than people appreciate, the toll, lack of sleep, road food, immune system depressed, swabbing the country for new strains of colds and viruses

M: for streaming money, artists don’t get paid enough right now, one big question, is it because we as a consumer, buyer of music, 2019 everyone is streaming, I don’t see anyone buying a cd, everyone knows , are the platforms giving themselves too much money, or we as consumers are not willing to pay that money

TP: honestly I’m not in a position myself to say, I would like to believe that in the ecological economics, I’d like to believe that less brick and mortal less physical materials, not as clean and green as you would like it to be, going treeless, but what about all the electricity, not accurate to assume not having a physical product and going digital, trade offs on both sides, I’d like to study that, if we assume going virtual and going digital is going to reduce the foot print of all the petroleum record albums that were printed, you don’t have to fill a landfill with an mp3 that went out of style

I’m grateful for the work that the centralized platforms have done, VC funded, I know soundcloud had a really hard time at certain points, have an appreciation for tech start up business cycles, don’t want to demonize, it’s an invitation what those entities have done, people who want to make more peer to peer open source

hacker mantra, information should be free, I consider myself, if I was Metallica, I would not have sued Napster, in that sense I appreciate that infrastructure, to create these powerful file distribution systems, but if we can reclaim the hacker ethic around that, just like bit torrent did, evolving, paraphrase Andreas, history of internet history of blockchains, if you regulate the centralized platforms, you end up forcing the evolution of people creating ways to work around that are headless

crypto, we can do our own peer to peer unstoppable versions of sharing value, intellectual property rights, sharing media, more on side of creating solutions and not protesting the problems,

why should they be charitable, let them be as predatory as they want, it will just push indy coders,

M: is it still too slow

TP: it depends on the use case, the transaction price on ethereum, the gas price, you have to pay to execute a smart contract, micro payment, peer to peer, alice pays bob one penny as a tip, for whatever the service is, if I release a track for free, if someone wants to give a .5 cent tip and it’s gonna cost a dollar, still not at a point where those micropayments are facilitated

Ameen Soleimani, pioneer developer for state/payment channels, lightning fast micropayments, that can sync up to the base layer, you have to be really advanced, and pay developers a lot of money, its just such a new technology, eventually there will be a more affordable way to develop custom apps, but hey right now if you can do that stuff, you’re gonna get paid really well, he’ll be one of the ones to facilitate that

to answer more directly, depending on your use case, let’s just say micro payments are a ways off for end users to just have some front end app, where you say hey band mates less do different rights on our tracks, that level of granularity, we’re gonna get there, but after side chain, or state channel, payment channel technology, wider range of developers

M: if a broader spectrum of programmers will get into the market, the price will sync

TP: for sure, that’s why there’s so much fighting between the different blockchains, because developer mindshare is the most precious resource and commodity, people with skin in the game, if you have skin in the game with EOS then you want developers to be very nationalistic and tribalistic with their allegiance to the code of that chain

I feel most beholden to ethereum community, even though other alternatives have been in development, not investment advice, its spirit, it’s origin story, I do believe that perhaps with ethereum 2.0 advancements we’ll get to the point where the cost of doing the computations for smart contracts will be more efficient, it was created for platform for decentralized applications

no body is used to increasing ethereum gas limit to process activity on apps, it’s all gotta be tucked under the hood

very much a premium to be in that first wave of technology, I believe in it for sure

M: erc20- explain

TP: that token standard has been prerequisite

bitcoin and ether are not stable coins,

because of the erc20 token standard, ether is like the parent currency, and the erc20 is a child of that currency, but it has independent features, total supply, other parameters for programmable money

bitcoin is programmable money, but very limited, helps reduce attack surface, makes it less easy to hack and corrupt

eth, far more programmable, large attack surface, necessary as another experiment to push limits of programmable money

erc20 had to be created to create subnetworks of value, so anybody can make you’re own token

as the SEC provides more guidance, you could be a registered securities offering with your band, don’t want to use ICO, scams and fraud, before bubble in 2017, very excited about projects tokenizing artists, and bands, so you could have this potential buy in, built in crowd source funding

used to be called the street team, because cyber street team, and now there can be blockchain stream team, incentivized to hold your token

more pertinent use case, artists and fans and music industry at large, you wouldn’t want to have a whole elaborate scheme of smart contract payments bein g made with ether, being what the payouts would be in, youd’ want to use a stable currency

I didn’t want to use centralized stable coins, the maker dao, closer to the spirit of decentralization, crypto anarchy

that’s the thing that’s got to be baked in, probably going to be dai

don’t know when that announcement will be made, viable because stable coin

M: technology right now is overly hyped, major barriers still have to overcome, blockchain will still be there

TP: I do believe there is a place for hybrids between old system and new system, people say there should never be something called a private blockchain, the sewer rat and the bubble boy, if you’re not a public blockchain, being attacked, you’re not building the armor of being open to the web, like a sewer rat, contrast that with bubble boy who didn’t have an immune system, private intranet blockchain, your’e not evolving, updating libraries, hodge podge of kludgey contractor code, unpatched supply chain code that could already be comprised, the security of open source

more eyes on code makes the bugs shallow

what needs to have blockchain and what doesn’t what needs that level of security and what doesn’t

some people describe ethereum as the slowest most expensive computer on earth, feature not a bug, if you want to more security and reliability you should be able to pay for premium, expect to happen on distributed network around the globe, for now we’re accepting those factors as being the cost of taking a step away from the big data hubs of centralization

depends on what you’re trying to do, I believe there’s a place for private blockchains, for internal auditing of record keeping, inventory, in some ways safer not to be connected to the internet, offline ledger or record of state changes, air gapped from the rest of the internet, while considering sewer rat and bubble boy thesis, best way I’ve heard it described

you don’t have to put everything on blockchain, degrees of centralization vs decentralization in the technology stack

base layer could be bitcoin or ethereum, private protocols running on top of that and anchoring back to that

all kinds of ways, on a vertical stack, tie in either above or below our use case, or app, up or down or sideways, don’t think it’s an either or

centralized database vs blockchain

I don’t think we’ll move everything onto the blockchain

there have been horror stories with the dao hack, rolling back the chain, ethereum classic, bitcoin bitcoin cash, no body wants to build their business on these fault lines of male ego conflicts

I don’t want to be the one out there trying to convert people to something that’s not mature enough to be trusted

I developed a relationship with a guy who was early in bitcoin, onboarding third world villagers, sincere desire to bank the unbanked, while he was rolling out his project, bitcoin price fell by 50 percent, can only imagine the look on his face, and those who he got excited about it, all that explaining you have to do, already been in small version of that

M: if blockchain technology can foster trust and transparency is it then possible that trust in technology, could help building up or opening up networks, to connect people better, do you think blockchain technology shifting away intermediaries, peer to peer network, helping creatives to create a better social network

TP: we’ll get to the point where the end user app interface, within a few years, you could program an app by pressing buttons on a gui, you could do millions of dollars worth of smart contract language writing when the tools are built up to a point, and the libraries of code, you can do a custom blockchain for going out with friends to a bar, to split the tab, the way you can gamify everything, if you’re in a band, and you can create an app for every show on that tour and that app for that show, the people in the audience are gonna rate the performance of the member of each band and get paid in real time based on performance, immediately increase the energy, you are gonna get paid extra on top of your per deim, based on the audience rating your performance in real time, making eye contact, audience will have a dial on the app, that app that could be program not be getting 500 million dollars of venture capital, just by downloading that app

there was a time basically you had to install tcp-ip into windows, if you wanted to use the internet, now you’d never think twice

we’ll get there, that’s gonna be the sweet spot, where anybody can program a smart contract

Lawrence Lanoff with hat in the desert

Crypto-Tantrism and Financial Continence with Lawrence Lanoff TPP229

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In this episode I’m joined by my revered crypto-tantric adept Lawrence Lanoff for an adventurous exploration of the intersections of crypto and tantra. He helps provide deep ancient and modern wisdom for surfing the big waves of changing times and maintaining a heart centered, and cool headed space of love, compassion, and fun.

We share insights on navigating the stormy crypto-currency markets and integrating new evolving trends of decentralized finance, stable coins, and other emerging crypto apps and tech.

I also share a great piece written by the musician Ben Lee on the Tantric Yoga of HODL:

https://steemit.com/cryptocurrency/@benleemusic/the-tantric-yoga-of-hodl

About Lawrence:

Lawrence is an award winning filmmaker, successful entrepreneur and early technology adopter who’s been investing in cryptocurrency since 2011.

He has directed and produced 11 feature films. Lawrence led a production team that won a Chicago Film Festival award and a United Nations Global 500 Award for writing and creating the documentary “We Can Make a Difference”.

Lawrence co-founded Lip Ink, generating upwards of $100mm in revenue and numerous product patents.

Lawrence is a best selling author, world renowned life coach, and was a featured expert in Neil Strauss’ New York Times Bestseller “The Truth”.

Please follow up with Lawrence here:
http://www.lawrencelanoff.com/