WEBVTT Kind: captions Language: en 00:00:00.000 --> 00:00:04.350 align:start position:0% foreign 00:00:04.350 --> 00:00:04.360 align:start position:0% 00:00:04.360 --> 00:00:14.990 align:start position:0% [Music] 00:00:14.990 --> 00:00:15.000 align:start position:0% 00:00:15.000 --> 00:00:17.930 align:start position:0% okay<00:00:15.540> so<00:00:15.780> I<00:00:16.020> know<00:00:16.139> it's<00:00:16.379> 5<00:00:16.920> 30<00:00:17.160> and<00:00:17.520> it's<00:00:17.640> been<00:00:17.820> a 00:00:17.930 --> 00:00:17.940 align:start position:0% okay so I know it's 5 30 and it's been a 00:00:17.940 --> 00:00:19.370 align:start position:0% okay so I know it's 5 30 and it's been a long<00:00:18.060> day<00:00:18.240> and<00:00:18.539> I<00:00:18.660> know<00:00:18.779> everybody's<00:00:19.140> thinking 00:00:19.370 --> 00:00:19.380 align:start position:0% long day and I know everybody's thinking 00:00:19.380 --> 00:00:20.810 align:start position:0% long day and I know everybody's thinking about<00:00:19.440> dinner<00:00:19.680> but<00:00:19.980> let's<00:00:20.160> talk<00:00:20.340> about<00:00:20.520> social 00:00:20.810 --> 00:00:20.820 align:start position:0% about dinner but let's talk about social 00:00:20.820 --> 00:00:23.269 align:start position:0% about dinner but let's talk about social composability<00:00:21.600> so<00:00:22.500> I<00:00:22.859> want<00:00:22.980> to<00:00:23.100> talk 00:00:23.269 --> 00:00:23.279 align:start position:0% composability so I want to talk 00:00:23.279 --> 00:00:25.550 align:start position:0% composability so I want to talk specifically<00:00:23.939> about<00:00:24.359> how<00:00:24.660> Dows<00:00:25.140> can<00:00:25.320> leverage 00:00:25.550 --> 00:00:25.560 align:start position:0% specifically about how Dows can leverage 00:00:25.560 --> 00:00:28.390 align:start position:0% specifically about how Dows can leverage it<00:00:25.800> for<00:00:26.279> the<00:00:26.460> future<00:00:26.640> of<00:00:27.240> work 00:00:28.390 --> 00:00:28.400 align:start position:0% it for the future of work 00:00:28.400 --> 00:00:31.429 align:start position:0% it for the future of work okay<00:00:29.400> so<00:00:29.880> I<00:00:30.000> want<00:00:30.119> to<00:00:30.240> start<00:00:30.300> with<00:00:30.660> actually 00:00:31.429 --> 00:00:31.439 align:start position:0% okay so I want to start with actually 00:00:31.439 --> 00:00:34.610 align:start position:0% okay so I want to start with actually who<00:00:31.920> am<00:00:32.099> I<00:00:32.220> right<00:00:32.640> so<00:00:33.600> actually<00:00:34.079> I<00:00:34.320> think<00:00:34.440> that 00:00:34.610 --> 00:00:34.620 align:start position:0% who am I right so actually I think that 00:00:34.620 --> 00:00:37.310 align:start position:0% who am I right so actually I think that nobody<00:00:34.860> here<00:00:35.100> knows<00:00:35.520> me<00:00:35.640> so<00:00:36.000> have<00:00:36.300> we<00:00:36.540> met<00:00:36.719> you 00:00:37.310 --> 00:00:37.320 align:start position:0% nobody here knows me so have we met you 00:00:37.320 --> 00:00:41.450 align:start position:0% nobody here knows me so have we met you and<00:00:37.500> I<00:00:38.040> would<00:00:38.579> you<00:00:38.760> hire<00:00:38.880> me<00:00:39.180> for<00:00:39.360> 300K<00:00:39.899> a<00:00:40.140> year 00:00:41.450 --> 00:00:41.460 align:start position:0% and I would you hire me for 300K a year 00:00:41.460 --> 00:00:43.369 align:start position:0% and I would you hire me for 300K a year probably<00:00:42.000> not<00:00:42.300> right<00:00:42.540> that<00:00:42.780> would<00:00:42.899> be<00:00:43.020> insane 00:00:43.369 --> 00:00:43.379 align:start position:0% probably not right that would be insane 00:00:43.379 --> 00:00:48.049 align:start position:0% probably not right that would be insane right<00:00:43.920> not<00:00:44.700> yet<00:00:44.879> exactly<00:00:45.480> have<00:00:46.079> we<00:00:46.260> met 00:00:48.049 --> 00:00:48.059 align:start position:0% right not yet exactly have we met 00:00:48.059 --> 00:00:51.770 align:start position:0% right not yet exactly have we met no<00:00:48.600> do<00:00:49.020> you<00:00:49.200> trust<00:00:49.379> me 00:00:51.770 --> 00:00:51.780 align:start position:0% 00:00:51.780 --> 00:00:55.910 align:start position:0% probably<00:00:52.559> not<00:00:52.920> okay<00:00:53.160> so<00:00:53.520> exactly<00:00:53.940> so<00:00:54.180> who<00:00:54.360> am<00:00:54.539> I 00:00:55.910 --> 00:00:55.920 align:start position:0% probably not okay so exactly so who am I 00:00:55.920 --> 00:00:57.350 align:start position:0% probably not okay so exactly so who am I which<00:00:56.280> begs<00:00:56.640> the<00:00:56.760> question<00:00:56.879> if<00:00:57.120> you<00:00:57.239> don't 00:00:57.350 --> 00:00:57.360 align:start position:0% which begs the question if you don't 00:00:57.360 --> 00:00:59.930 align:start position:0% which begs the question if you don't know<00:00:57.600> who<00:00:57.840> I<00:00:58.020> am<00:00:58.199> why<00:00:59.100> should<00:00:59.340> you<00:00:59.460> care<00:00:59.640> about 00:00:59.930 --> 00:00:59.940 align:start position:0% know who I am why should you care about 00:00:59.940 --> 00:01:02.090 align:start position:0% know who I am why should you care about what<00:01:00.180> I<00:01:00.300> have<00:01:00.480> to<00:01:00.600> say<00:01:00.780> right<00:01:01.320> you<00:01:01.620> came<00:01:01.860> here 00:01:02.090 --> 00:01:02.100 align:start position:0% what I have to say right you came here 00:01:02.100 --> 00:01:04.789 align:start position:0% what I have to say right you came here you<00:01:02.820> don't<00:01:03.059> know<00:01:03.180> me<00:01:03.359> right 00:01:04.789 --> 00:01:04.799 align:start position:0% you don't know me right 00:01:04.799 --> 00:01:06.770 align:start position:0% you don't know me right so<00:01:05.400> what's<00:01:05.760> happening<00:01:06.119> is<00:01:06.299> actually<00:01:06.479> that 00:01:06.770 --> 00:01:06.780 align:start position:0% so what's happening is actually that 00:01:06.780 --> 00:01:09.469 align:start position:0% so what's happening is actually that invisible<00:01:07.260> identifiers<00:01:08.100> are<00:01:08.700> at<00:01:08.939> play<00:01:09.180> here 00:01:09.469 --> 00:01:09.479 align:start position:0% invisible identifiers are at play here 00:01:09.479 --> 00:01:12.530 align:start position:0% invisible identifiers are at play here that<00:01:10.020> we<00:01:10.200> subconsciously<00:01:10.979> respect<00:01:11.580> right<00:01:12.119> the 00:01:12.530 --> 00:01:12.540 align:start position:0% that we subconsciously respect right the 00:01:12.540 --> 00:01:15.050 align:start position:0% that we subconsciously respect right the fact<00:01:12.659> that<00:01:12.840> I'm<00:01:13.020> up<00:01:13.380> here<00:01:13.619> at<00:01:14.040> Defcon<00:01:14.460> giving<00:01:14.880> a 00:01:15.050 --> 00:01:15.060 align:start position:0% fact that I'm up here at Defcon giving a 00:01:15.060 --> 00:01:16.910 align:start position:0% fact that I'm up here at Defcon giving a talk<00:01:15.240> means<00:01:15.900> that<00:01:16.020> you<00:01:16.200> to<00:01:16.380> some<00:01:16.619> extent 00:01:16.910 --> 00:01:16.920 align:start position:0% talk means that you to some extent 00:01:16.920 --> 00:01:19.550 align:start position:0% talk means that you to some extent respect<00:01:17.760> the<00:01:17.939> approval<00:01:18.420> process<00:01:18.780> of<00:01:19.080> Defcon 00:01:19.550 --> 00:01:19.560 align:start position:0% respect the approval process of Defcon 00:01:19.560 --> 00:01:21.770 align:start position:0% respect the approval process of Defcon somebody<00:01:20.220> has<00:01:20.520> vetted<00:01:20.880> me<00:01:21.060> and<00:01:21.240> said<00:01:21.420> this 00:01:21.770 --> 00:01:21.780 align:start position:0% somebody has vetted me and said this 00:01:21.780 --> 00:01:24.770 align:start position:0% somebody has vetted me and said this person<00:01:21.900> has<00:01:22.619> expertise<00:01:23.280> worth<00:01:23.820> sharing<00:01:24.299> right 00:01:24.770 --> 00:01:24.780 align:start position:0% person has expertise worth sharing right 00:01:24.780 --> 00:01:26.749 align:start position:0% person has expertise worth sharing right but<00:01:25.259> actually<00:01:25.380> I<00:01:25.740> would<00:01:25.860> probably<00:01:26.100> think<00:01:26.400> that 00:01:26.749 --> 00:01:26.759 align:start position:0% but actually I would probably think that 00:01:26.759 --> 00:01:28.969 align:start position:0% but actually I would probably think that nobody<00:01:27.240> here<00:01:27.479> knows<00:01:27.960> what<00:01:28.500> the<00:01:28.619> Defcon 00:01:28.969 --> 00:01:28.979 align:start position:0% nobody here knows what the Defcon 00:01:28.979 --> 00:01:31.609 align:start position:0% nobody here knows what the Defcon approval<00:01:29.520> process<00:01:30.000> looks<00:01:30.600> like<00:01:30.659> so<00:01:31.439> you're 00:01:31.609 --> 00:01:31.619 align:start position:0% approval process looks like so you're 00:01:31.619 --> 00:01:33.050 align:start position:0% approval process looks like so you're trusting<00:01:32.040> something<00:01:32.280> that<00:01:32.640> you<00:01:32.880> actually 00:01:33.050 --> 00:01:33.060 align:start position:0% trusting something that you actually 00:01:33.060 --> 00:01:36.289 align:start position:0% trusting something that you actually have<00:01:33.360> no<00:01:33.600> idea<00:01:33.780> how<00:01:34.020> it<00:01:34.140> works 00:01:36.289 --> 00:01:36.299 align:start position:0% have no idea how it works 00:01:36.299 --> 00:01:37.969 align:start position:0% have no idea how it works and<00:01:36.780> this<00:01:36.900> is<00:01:37.020> even<00:01:37.140> more<00:01:37.380> difficult<00:01:37.619> online 00:01:37.969 --> 00:01:37.979 align:start position:0% and this is even more difficult online 00:01:37.979 --> 00:01:40.550 align:start position:0% and this is even more difficult online right<00:01:38.640> the<00:01:39.180> internet<00:01:39.299> is<00:01:39.840> absolutely<00:01:40.259> crazy 00:01:40.550 --> 00:01:40.560 align:start position:0% right the internet is absolutely crazy 00:01:40.560 --> 00:01:42.950 align:start position:0% right the internet is absolutely crazy platforms<00:01:41.280> don't<00:01:41.460> talk<00:01:41.700> and<00:01:42.180> reputation<00:01:42.720> that 00:01:42.950 --> 00:01:42.960 align:start position:0% platforms don't talk and reputation that 00:01:42.960 --> 00:01:44.690 align:start position:0% platforms don't talk and reputation that you<00:01:43.079> build<00:01:43.259> on<00:01:43.439> one<00:01:43.619> platform<00:01:43.979> is<00:01:44.460> completely 00:01:44.690 --> 00:01:44.700 align:start position:0% you build on one platform is completely 00:01:44.700 --> 00:01:46.310 align:start position:0% you build on one platform is completely irrelevant<00:01:45.240> on<00:01:45.420> another<00:01:45.600> if<00:01:46.079> you've<00:01:46.259> got 00:01:46.310 --> 00:01:46.320 align:start position:0% irrelevant on another if you've got 00:01:46.320 --> 00:01:48.050 align:start position:0% irrelevant on another if you've got three<00:01:46.560> million<00:01:46.920> followers<00:01:47.220> on<00:01:47.400> Twitter<00:01:47.520> that 00:01:48.050 --> 00:01:48.060 align:start position:0% three million followers on Twitter that 00:01:48.060 --> 00:01:49.910 align:start position:0% three million followers on Twitter that only<00:01:48.240> matters<00:01:48.600> on<00:01:48.780> Twitter<00:01:48.960> technically 00:01:49.910 --> 00:01:49.920 align:start position:0% only matters on Twitter technically 00:01:49.920 --> 00:01:53.149 align:start position:0% only matters on Twitter technically right 00:01:53.149 --> 00:01:53.159 align:start position:0% 00:01:53.159 --> 00:01:55.730 align:start position:0% did<00:01:53.520> you<00:01:53.700> know<00:01:53.880> you<00:01:54.600> specifically<00:01:55.200> that<00:01:55.560> I 00:01:55.730 --> 00:01:55.740 align:start position:0% did you know you specifically that I 00:01:55.740 --> 00:01:58.310 align:start position:0% did you know you specifically that I used<00:01:55.920> to<00:01:56.100> be<00:01:56.159> the<00:01:56.280> head<00:01:56.399> of<00:01:56.579> design<00:01:56.759> at<00:01:57.060> Spotify 00:01:58.310 --> 00:01:58.320 align:start position:0% used to be the head of design at Spotify 00:01:58.320 --> 00:02:00.410 align:start position:0% used to be the head of design at Spotify yeah 00:02:00.410 --> 00:02:00.420 align:start position:0% yeah 00:02:00.420 --> 00:02:02.569 align:start position:0% yeah no<00:02:00.840> of<00:02:01.020> course<00:02:01.200> not<00:02:01.380> because<00:02:01.680> it's<00:02:01.920> a<00:02:02.040> lie<00:02:02.340> I'm 00:02:02.569 --> 00:02:02.579 align:start position:0% no of course not because it's a lie I'm 00:02:02.579 --> 00:02:05.450 align:start position:0% no of course not because it's a lie I'm not<00:02:02.820> right<00:02:03.180> but<00:02:03.479> on<00:02:03.659> LinkedIn<00:02:04.159> anybody<00:02:05.159> can 00:02:05.450 --> 00:02:05.460 align:start position:0% not right but on LinkedIn anybody can 00:02:05.460 --> 00:02:07.190 align:start position:0% not right but on LinkedIn anybody can say<00:02:05.640> anything<00:02:05.939> right<00:02:06.540> I<00:02:06.780> can<00:02:06.840> just<00:02:06.960> go<00:02:07.140> on 00:02:07.190 --> 00:02:07.200 align:start position:0% say anything right I can just go on 00:02:07.200 --> 00:02:08.870 align:start position:0% say anything right I can just go on LinkedIn<00:02:07.560> and<00:02:07.680> say<00:02:07.799> yeah<00:02:07.920> I<00:02:08.099> designed<00:02:08.520> the 00:02:08.870 --> 00:02:08.880 align:start position:0% LinkedIn and say yeah I designed the 00:02:08.880 --> 00:02:11.510 align:start position:0% LinkedIn and say yeah I designed the internet<00:02:09.000> as<00:02:09.360> we<00:02:09.539> know<00:02:09.720> it<00:02:09.899> right<00:02:10.340> there<00:02:11.340> is 00:02:11.510 --> 00:02:11.520 align:start position:0% internet as we know it right there is 00:02:11.520 --> 00:02:13.790 align:start position:0% internet as we know it right there is very<00:02:12.000> little<00:02:12.239> checks<00:02:12.780> and<00:02:12.900> balances<00:02:13.379> of<00:02:13.620> that 00:02:13.790 --> 00:02:13.800 align:start position:0% very little checks and balances of that 00:02:13.800 --> 00:02:16.490 align:start position:0% very little checks and balances of that system<00:02:14.040> right<00:02:14.640> when<00:02:15.180> you<00:02:15.360> hire<00:02:15.599> somebody<00:02:15.959> via 00:02:16.490 --> 00:02:16.500 align:start position:0% system right when you hire somebody via 00:02:16.500 --> 00:02:18.410 align:start position:0% system right when you hire somebody via LinkedIn<00:02:16.920> you<00:02:17.400> need<00:02:17.520> to<00:02:17.760> go<00:02:18.060> through<00:02:18.239> their 00:02:18.410 --> 00:02:18.420 align:start position:0% LinkedIn you need to go through their 00:02:18.420 --> 00:02:20.330 align:start position:0% LinkedIn you need to go through their referrals<00:02:18.900> you<00:02:19.080> need<00:02:19.260> to<00:02:19.319> check<00:02:19.440> their<00:02:19.680> CV<00:02:20.099> you 00:02:20.330 --> 00:02:20.340 align:start position:0% referrals you need to check their CV you 00:02:20.340 --> 00:02:21.410 align:start position:0% referrals you need to check their CV you need<00:02:20.459> to<00:02:20.580> invite<00:02:20.760> them<00:02:20.879> to<00:02:21.120> an<00:02:21.239> interview 00:02:21.410 --> 00:02:21.420 align:start position:0% need to invite them to an interview 00:02:21.420 --> 00:02:23.990 align:start position:0% need to invite them to an interview there's<00:02:22.080> an<00:02:22.319> arduous<00:02:22.739> process<00:02:23.099> for<00:02:23.400> verifying 00:02:23.990 --> 00:02:24.000 align:start position:0% there's an arduous process for verifying 00:02:24.000 --> 00:02:26.210 align:start position:0% there's an arduous process for verifying that<00:02:24.360> somebody<00:02:24.599> has<00:02:25.080> the<00:02:25.319> skills<00:02:25.680> that<00:02:26.040> they 00:02:26.210 --> 00:02:26.220 align:start position:0% that somebody has the skills that they 00:02:26.220 --> 00:02:29.030 align:start position:0% that somebody has the skills that they say<00:02:26.459> they<00:02:26.940> have 00:02:29.030 --> 00:02:29.040 align:start position:0% say they have 00:02:29.040 --> 00:02:31.369 align:start position:0% say they have which<00:02:29.640> brings<00:02:29.879> me<00:02:30.060> to<00:02:30.239> social<00:02:30.480> composability 00:02:31.369 --> 00:02:31.379 align:start position:0% which brings me to social composability 00:02:31.379 --> 00:02:33.410 align:start position:0% which brings me to social composability right<00:02:31.920> this<00:02:32.160> is<00:02:32.280> something<00:02:32.580> unlocked 00:02:33.410 --> 00:02:33.420 align:start position:0% right this is something unlocked 00:02:33.420 --> 00:02:35.630 align:start position:0% right this is something unlocked hopefully<00:02:33.780> by<00:02:34.140> web3<00:02:34.620> that<00:02:34.980> I<00:02:35.160> think<00:02:35.280> is<00:02:35.459> going 00:02:35.630 --> 00:02:35.640 align:start position:0% hopefully by web3 that I think is going 00:02:35.640 --> 00:02:38.510 align:start position:0% hopefully by web3 that I think is going to<00:02:35.760> change<00:02:36.000> a<00:02:36.420> lot<00:02:36.540> of<00:02:36.599> things<00:02:36.780> going<00:02:37.140> forward 00:02:38.510 --> 00:02:38.520 align:start position:0% to change a lot of things going forward 00:02:38.520 --> 00:02:40.550 align:start position:0% to change a lot of things going forward so<00:02:38.819> composability<00:02:39.420> is<00:02:39.900> for<00:02:40.080> anybody<00:02:40.379> who 00:02:40.550 --> 00:02:40.560 align:start position:0% so composability is for anybody who 00:02:40.560 --> 00:02:42.170 align:start position:0% so composability is for anybody who doesn't<00:02:40.680> know<00:02:40.860> it's<00:02:40.980> basically<00:02:41.340> Lego<00:02:41.580> right 00:02:42.170 --> 00:02:42.180 align:start position:0% doesn't know it's basically Lego right 00:02:42.180 --> 00:02:45.170 align:start position:0% doesn't know it's basically Lego right web3<00:02:42.780> loves<00:02:43.260> it<00:02:43.379> it's<00:02:43.920> how<00:02:44.340> can<00:02:44.519> I<00:02:44.700> make<00:02:44.879> a 00:02:45.170 --> 00:02:45.180 align:start position:0% web3 loves it it's how can I make a 00:02:45.180 --> 00:02:46.970 align:start position:0% web3 loves it it's how can I make a basic<00:02:45.420> building<00:02:45.599> block<00:02:45.959> that<00:02:46.440> anybody<00:02:46.800> else 00:02:46.970 --> 00:02:46.980 align:start position:0% basic building block that anybody else 00:02:46.980 --> 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information that says something about 00:02:56.580 --> 00:02:59.390 align:start position:0% information that says something about you<00:02:56.879> that<00:02:57.540> represents<00:02:58.260> you<00:02:58.379> as<00:02:58.800> an<00:02:58.980> individual 00:02:59.390 --> 00:02:59.400 align:start position:0% you that represents you as an individual 00:02:59.400 --> 00:03:01.970 align:start position:0% you that represents you as an individual and<00:02:59.760> about<00:02:59.879> the<00:03:00.120> skills<00:03:00.480> that<00:03:00.780> you<00:03:00.959> have 00:03:01.970 --> 00:03:01.980 align:start position:0% and about the skills that you have 00:03:01.980 --> 00:03:03.589 align:start position:0% and about the skills that you have but<00:03:02.459> what<00:03:02.700> do<00:03:02.819> we<00:03:02.940> actually<00:03:03.060> want<00:03:03.300> to<00:03:03.420> know 00:03:03.589 --> 00:03:03.599 align:start position:0% but what do we actually want to know 00:03:03.599 --> 00:03:04.670 align:start position:0% but what do we actually want to know about<00:03:03.720> each<00:03:03.959> other 00:03:04.670 --> 00:03:04.680 align:start position:0% about each other 00:03:04.680 --> 00:03:07.729 align:start position:0% about each other what<00:03:05.340> information<00:03:05.580> makes<00:03:06.180> us<00:03:06.480> who<00:03:06.840> we<00:03:07.019> are 00:03:07.729 --> 00:03:07.739 align:start position:0% what information makes us who we are 00:03:07.739 --> 00:03:09.589 align:start position:0% what information makes us who we are in<00:03:08.160> the<00:03:08.220> age<00:03:08.340> of<00:03:08.459> Taos<00:03:08.819> we<00:03:09.180> actually<00:03:09.300> need<00:03:09.480> to 00:03:09.589 --> 00:03:09.599 align:start position:0% in the age of Taos we actually need to 00:03:09.599 --> 00:03:11.089 align:start position:0% in the age of Taos we actually need to change<00:03:09.900> the<00:03:10.200> kind<00:03:10.319> of<00:03:10.379> information<00:03:10.560> that<00:03:10.980> we 00:03:11.089 --> 00:03:11.099 align:start position:0% change the kind of information that we 00:03:11.099 --> 00:03:12.170 align:start position:0% change the kind of information that we need<00:03:11.220> to<00:03:11.280> know<00:03:11.400> about<00:03:11.580> each<00:03:11.819> other<00:03:11.940> because 00:03:12.170 --> 00:03:12.180 align:start position:0% need to know about each other because 00:03:12.180 --> 00:03:14.630 align:start position:0% need to know about each other because the<00:03:12.480> type<00:03:12.780> of<00:03:12.959> work<00:03:13.140> has<00:03:13.379> changed 00:03:14.630 --> 00:03:14.640 align:start position:0% the type of work has changed 00:03:14.640 --> 00:03:16.670 align:start position:0% the type of work has changed so<00:03:15.000> we<00:03:15.239> kind<00:03:15.360> of<00:03:15.480> need<00:03:15.599> to<00:03:15.720> as<00:03:16.080> Gamers<00:03:16.500> would 00:03:16.670 --> 00:03:16.680 align:start position:0% so we kind of need to as Gamers would 00:03:16.680 --> 00:03:19.250 align:start position:0% so we kind of need to as Gamers would say<00:03:16.860> min<00:03:17.340> max<00:03:17.640> it<00:03:17.940> right<00:03:18.239> we<00:03:18.480> need<00:03:18.599> to<00:03:18.720> maximize 00:03:19.250 --> 00:03:19.260 align:start position:0% say min max it right we need to maximize 00:03:19.260 --> 00:03:21.170 align:start position:0% say min max it right we need to maximize the<00:03:19.860> useful<00:03:20.159> information<00:03:20.400> about<00:03:20.819> each<00:03:21.060> other 00:03:21.170 --> 00:03:21.180 align:start position:0% the useful information about each other 00:03:21.180 --> 00:03:23.330 align:start position:0% the useful information about each other while<00:03:21.599> minimizing<00:03:22.260> information<00:03:22.560> that<00:03:23.099> we 00:03:23.330 --> 00:03:23.340 align:start position:0% while minimizing information that we 00:03:23.340 --> 00:03:25.190 align:start position:0% while minimizing information that we don't<00:03:23.760> necessarily<00:03:24.300> want<00:03:24.540> to<00:03:24.659> know<00:03:24.959> about 00:03:25.190 --> 00:03:25.200 align:start position:0% don't necessarily want to know about 00:03:25.200 --> 00:03:27.170 align:start position:0% don't necessarily want to know about other<00:03:25.500> people<00:03:25.739> we<00:03:26.340> need<00:03:26.459> to<00:03:26.580> respect<00:03:26.940> each 00:03:27.170 --> 00:03:27.180 align:start position:0% other people we need to respect each 00:03:27.180 --> 00:03:29.930 align:start position:0% other people we need to respect each other's<00:03:27.480> privacy<00:03:27.900> as<00:03:28.200> well 00:03:29.930 --> 00:03:29.940 align:start position:0% other's privacy as well 00:03:29.940 --> 00:03:33.110 align:start position:0% other's privacy as well so<00:03:30.420> right<00:03:30.540> now<00:03:30.720> money<00:03:30.959> talks<00:03:31.500> in<00:03:31.739> web<00:03:31.920> 3<00:03:32.159> I<00:03:32.879> if 00:03:33.110 --> 00:03:33.120 align:start position:0% so right now money talks in web 3 I if 00:03:33.120 --> 00:03:34.610 align:start position:0% so right now money talks in web 3 I if I've<00:03:33.300> got<00:03:33.420> loads<00:03:33.720> of<00:03:33.780> money<00:03:33.900> I<00:03:34.200> can<00:03:34.260> buy<00:03:34.440> a 00:03:34.610 --> 00:03:34.620 align:start position:0% I've got loads of money I can buy a 00:03:34.620 --> 00:03:36.949 align:start position:0% I've got loads of money I can buy a board<00:03:34.739> ape<00:03:35.220> become<00:03:35.819> part<00:03:36.000> of<00:03:36.120> the<00:03:36.239> board<00:03:36.360> ABF 00:03:36.949 --> 00:03:36.959 align:start position:0% board ape become part of the board ABF 00:03:36.959 --> 00:03:38.930 align:start position:0% board ape become part of the board ABF club<00:03:37.140> and<00:03:37.379> suddenly<00:03:37.680> I've<00:03:37.980> bought<00:03:38.159> my<00:03:38.400> way<00:03:38.580> to 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so what if more could talk<00:03:46.080> than<00:03:46.379> just<00:03:46.620> money<00:03:47.459> so<00:03:47.819> at<00:03:47.940> Common 00:03:48.050 --> 00:03:48.060 align:start position:0% talk than just money so at Common 00:03:48.060 --> 00:03:49.670 align:start position:0% talk than just money so at Common Grounds<00:03:48.540> I'll<00:03:48.840> get<00:03:49.080> to<00:03:49.200> that<00:03:49.319> in<00:03:49.440> a<00:03:49.560> moment 00:03:49.670 --> 00:03:49.680 align:start position:0% Grounds I'll get to that in a moment 00:03:49.680 --> 00:03:51.770 align:start position:0% Grounds I'll get to that in a moment we're<00:03:49.920> building<00:03:50.159> based<00:03:50.700> on<00:03:51.060> boardier's 00:03:51.770 --> 00:03:51.780 align:start position:0% we're building based on boardier's 00:03:51.780 --> 00:03:53.509 align:start position:0% we're building based on boardier's theory<00:03:52.080> of<00:03:52.260> capital<00:03:52.440> and<00:03:52.860> he<00:03:52.980> was<00:03:53.159> a<00:03:53.400> French 00:03:53.509 --> 00:03:53.519 align:start position:0% theory of capital and he was a French 00:03:53.519 --> 00:03:56.210 align:start position:0% theory of capital and he was a French sociologist<00:03:54.120> that<00:03:54.959> basically<00:03:55.379> came<00:03:55.620> up<00:03:55.799> with 00:03:56.210 --> 00:03:56.220 align:start position:0% sociologist that basically came up with 00:03:56.220 --> 00:03:58.850 align:start position:0% sociologist that basically came up with a<00:03:56.400> theory<00:03:56.819> of<00:03:57.120> capital<00:03:57.440> there<00:03:58.440> are<00:03:58.560> lots<00:03:58.799> of 00:03:58.850 --> 00:03:58.860 align:start position:0% a theory of capital there are lots of 00:03:58.860 --> 00:04:00.830 align:start position:0% a theory of capital there are lots of theories<00:03:59.159> of<00:03:59.400> capital<00:03:59.580> but<00:04:00.000> his<00:04:00.239> is<00:04:00.480> the<00:04:00.659> one 00:04:00.830 --> 00:04:00.840 align:start position:0% theories of capital but his is the one 00:04:00.840 --> 00:04:02.930 align:start position:0% theories of capital but his is the one that<00:04:01.319> we<00:04:01.500> are<00:04:01.620> using<00:04:01.920> to<00:04:02.099> build<00:04:02.280> because<00:04:02.700> it 00:04:02.930 --> 00:04:02.940 align:start position:0% that we are using to build because it 00:04:02.940 --> 00:04:05.390 align:start position:0% that we are using to build because it was<00:04:03.060> concrete<00:04:03.599> enough<00:04:03.780> for<00:04:04.260> us<00:04:04.379> to<00:04:04.620> build<00:04:04.799> good 00:04:05.390 --> 00:04:05.400 align:start position:0% was concrete enough for us to build good 00:04:05.400 --> 00:04:07.250 align:start position:0% was concrete enough for us to build good software<00:04:05.879> with<00:04:06.120> it 00:04:07.250 --> 00:04:07.260 align:start position:0% software with it 00:04:07.260 --> 00:04:09.589 align:start position:0% software with it so<00:04:07.739> what<00:04:07.860> year<00:04:08.159> says<00:04:08.580> that<00:04:08.879> you<00:04:09.060> have<00:04:09.239> multiple 00:04:09.589 --> 00:04:09.599 align:start position:0% so what year says that you have multiple 00:04:09.599 --> 00:04:13.250 align:start position:0% so what year says that you have multiple types<00:04:10.019> of<00:04:10.260> capital<00:04:10.500> at<00:04:11.340> your<00:04:11.519> disposal 00:04:13.250 --> 00:04:13.260 align:start position:0% types of capital at your disposal 00:04:13.260 --> 00:04:15.830 align:start position:0% types of capital at your disposal one<00:04:13.920> is<00:04:14.159> economic<00:04:14.640> capital<00:04:14.879> which<00:04:15.659> is 00:04:15.830 --> 00:04:15.840 align:start position:0% one is economic capital which is 00:04:15.840 --> 00:04:18.590 align:start position:0% one is economic capital which is basically<00:04:16.199> cash<00:04:16.739> right<00:04:17.100> your<00:04:17.400> assets<00:04:17.880> the<00:04:18.359> the 00:04:18.590 --> 00:04:18.600 align:start position:0% basically cash right your assets the the 00:04:18.600 --> 00:04:20.689 align:start position:0% basically cash right your assets the the nfts<00:04:19.500> that<00:04:19.680> you<00:04:19.799> have<00:04:19.859> the<00:04:20.160> properties<00:04:20.519> you 00:04:20.689 --> 00:04:20.699 align:start position:0% nfts that you have the properties you 00:04:20.699 --> 00:04:22.129 align:start position:0% nfts that you have the properties you have<00:04:20.880> and<00:04:21.120> all<00:04:21.239> of<00:04:21.359> this<00:04:21.479> money<00:04:21.660> your 00:04:22.129 --> 00:04:22.139 align:start position:0% have and all of this money your 00:04:22.139 --> 00:04:24.530 align:start position:0% have and all of this money your Colombian<00:04:22.919> pesos<00:04:23.400> you<00:04:23.880> also<00:04:24.120> have<00:04:24.240> social 00:04:24.530 --> 00:04:24.540 align:start position:0% Colombian pesos you also have social 00:04:24.540 --> 00:04:26.629 align:start position:0% Colombian pesos you also have social capital<00:04:24.900> though<00:04:25.320> and<00:04:25.620> social<00:04:25.800> capital<00:04:26.100> is 00:04:26.629 --> 00:04:26.639 align:start position:0% capital though and social capital is 00:04:26.639 --> 00:04:28.189 align:start position:0% capital though and social capital is your<00:04:26.880> connections<00:04:27.360> it's<00:04:27.540> the<00:04:27.720> people<00:04:27.900> you 00:04:28.189 --> 00:04:28.199 align:start position:0% your connections it's the people you 00:04:28.199 --> 00:04:30.890 align:start position:0% your connections it's the people you know<00:04:28.320> it's<00:04:28.560> your<00:04:28.800> parents<00:04:29.280> it's<00:04:29.699> who<00:04:30.479> what 00:04:30.890 --> 00:04:30.900 align:start position:0% know it's your parents it's who what 00:04:30.900 --> 00:04:32.870 align:start position:0% know it's your parents it's who what clubs<00:04:31.199> you're<00:04:31.380> part<00:04:31.620> of<00:04:31.800> the<00:04:32.340> influence<00:04:32.699> that 00:04:32.870 --> 00:04:32.880 align:start position:0% clubs you're part of the influence that 00:04:32.880 --> 00:04:34.850 align:start position:0% clubs you're part of the influence that you<00:04:33.060> can<00:04:33.180> exert<00:04:33.540> via<00:04:34.199> your<00:04:34.380> social<00:04:34.560> capital 00:04:34.850 --> 00:04:34.860 align:start position:0% you can exert via your social capital 00:04:34.860 --> 00:04:37.010 align:start position:0% you can exert via your social capital and<00:04:35.699> then<00:04:35.820> there's<00:04:36.000> also<00:04:36.240> cultural<00:04:36.780> capital 00:04:37.010 --> 00:04:37.020 align:start position:0% and then there's also cultural capital 00:04:37.020 --> 00:04:38.990 align:start position:0% and then there's also cultural capital and<00:04:37.620> cultural<00:04:37.979> capital<00:04:38.160> is<00:04:38.520> your<00:04:38.699> knowledge 00:04:38.990 --> 00:04:39.000 align:start position:0% and cultural capital is your knowledge 00:04:39.000 --> 00:04:41.749 align:start position:0% and cultural capital is your knowledge it's<00:04:39.419> your<00:04:39.660> education<00:04:40.199> it's<00:04:40.860> your<00:04:41.160> mannerisms 00:04:41.749 --> 00:04:41.759 align:start position:0% it's your education it's your mannerisms 00:04:41.759 --> 00:04:43.790 align:start position:0% it's your education it's your mannerisms it's<00:04:42.060> maybe<00:04:42.240> even<00:04:42.540> having<00:04:42.900> a<00:04:43.199> British<00:04:43.500> accent 00:04:43.790 --> 00:04:43.800 align:start position:0% it's maybe even having a British accent 00:04:43.800 --> 00:04:46.249 align:start position:0% it's maybe even having a British accent right<00:04:44.100> it<00:04:44.400> unlocks<00:04:44.820> certain<00:04:45.240> doors<00:04:45.720> because 00:04:46.249 --> 00:04:46.259 align:start position:0% right it unlocks certain doors because 00:04:46.259 --> 00:04:48.350 align:start position:0% right it unlocks certain doors because of<00:04:46.680> having<00:04:47.160> access<00:04:47.460> to<00:04:47.820> this<00:04:48.000> kind<00:04:48.180> of 00:04:48.350 --> 00:04:48.360 align:start position:0% of having access to this kind of 00:04:48.360 --> 00:04:50.870 align:start position:0% of having access to this kind of cultural<00:04:49.020> capital<00:04:49.500> and<00:04:50.400> finally<00:04:50.639> there's 00:04:50.870 --> 00:04:50.880 align:start position:0% cultural capital and finally there's 00:04:50.880 --> 00:04:52.790 align:start position:0% cultural capital and finally there's symbolic<00:04:51.419> capital<00:04:51.660> and<00:04:52.139> symbolic<00:04:52.620> Capital 00:04:52.790 --> 00:04:52.800 align:start position:0% symbolic capital and symbolic Capital 00:04:52.800 --> 00:04:55.790 align:start position:0% symbolic capital and symbolic Capital it's<00:04:53.639> Prestige<00:04:54.360> if<00:04:55.020> you<00:04:55.139> have<00:04:55.320> two<00:04:55.560> rich 00:04:55.790 --> 00:04:55.800 align:start position:0% it's Prestige if you have two rich 00:04:55.800 --> 00:04:57.950 align:start position:0% it's Prestige if you have two rich people<00:04:56.040> but<00:04:56.639> one<00:04:56.940> person<00:04:57.060> spends<00:04:57.600> it<00:04:57.720> all<00:04:57.780> on 00:04:57.950 --> 00:04:57.960 align:start position:0% people but one person spends it all on 00:04:57.960 --> 00:04:59.689 align:start position:0% people but one person spends it all on culture<00:04:58.380> and<00:04:58.560> being<00:04:58.740> a<00:04:58.860> patron<00:04:59.160> of<00:04:59.280> the<00:04:59.400> Arts 00:04:59.689 --> 00:04:59.699 align:start position:0% culture and being a patron of the Arts 00:04:59.699 --> 00:05:01.670 align:start position:0% culture and being a patron of the Arts and<00:05:00.120> another<00:05:00.240> rich<00:05:00.600> person<00:05:00.840> spends<00:05:01.320> it<00:05:01.380> all<00:05:01.500> on 00:05:01.670 --> 00:05:01.680 align:start position:0% and another rich person spends it all on 00:05:01.680 --> 00:05:03.830 align:start position:0% and another rich person spends it all on gambling<00:05:01.979> and<00:05:02.220> cocaine<00:05:02.759> they<00:05:03.419> have<00:05:03.600> different 00:05:03.830 --> 00:05:03.840 align:start position:0% gambling and cocaine they have different 00:05:03.840 --> 00:05:05.570 align:start position:0% gambling and cocaine they have different symbolic<00:05:04.440> Capital<00:05:04.560> they<00:05:04.919> are<00:05:05.100> perceived 00:05:05.570 --> 00:05:05.580 align:start position:0% symbolic Capital they are perceived 00:05:05.580 --> 00:05:08.330 align:start position:0% symbolic Capital they are perceived differently<00:05:06.120> by<00:05:06.720> Society<00:05:07.199> if<00:05:07.680> I<00:05:07.800> write<00:05:07.979> books 00:05:08.330 --> 00:05:08.340 align:start position:0% differently by Society if I write books 00:05:08.340 --> 00:05:11.930 align:start position:0% differently by Society if I write books to<00:05:08.520> extend<00:05:08.940> my<00:05:09.360> my<00:05:09.919> respect<00:05:10.919> in<00:05:11.160> the<00:05:11.340> world<00:05:11.400> I'm 00:05:11.930 --> 00:05:11.940 align:start position:0% to extend my my respect in the world I'm 00:05:11.940 --> 00:05:13.909 align:start position:0% to extend my my respect in the world I'm growing<00:05:12.419> my<00:05:12.720> Prestige<00:05:13.080> and<00:05:13.199> therefore<00:05:13.740> my 00:05:13.909 --> 00:05:13.919 align:start position:0% growing my Prestige and therefore my 00:05:13.919 --> 00:05:16.129 align:start position:0% growing my Prestige and therefore my symbolic<00:05:14.340> capital<00:05:14.520> and<00:05:15.419> all<00:05:15.600> of<00:05:15.720> these<00:05:15.960> things 00:05:16.129 --> 00:05:16.139 align:start position:0% symbolic capital and all of these things 00:05:16.139 --> 00:05:19.070 align:start position:0% symbolic capital and all of these things are<00:05:16.680> deeply<00:05:17.100> in<00:05:17.400> interconnected<00:05:18.180> so<00:05:18.600> you<00:05:18.960> can 00:05:19.070 --> 00:05:19.080 align:start position:0% are deeply in interconnected so you can 00:05:19.080 --> 00:05:21.170 align:start position:0% are deeply in interconnected so you can trade<00:05:19.500> these<00:05:19.979> things<00:05:20.160> for<00:05:20.460> each<00:05:20.639> other<00:05:20.759> so<00:05:21.000> for 00:05:21.170 --> 00:05:21.180 align:start position:0% trade these things for each other so for 00:05:21.180 --> 00:05:23.330 align:start position:0% trade these things for each other so for example<00:05:21.479> I<00:05:22.259> could<00:05:22.320> spend<00:05:22.620> economic<00:05:23.160> capital 00:05:23.330 --> 00:05:23.340 align:start position:0% example I could spend economic capital 00:05:23.340 --> 00:05:25.850 align:start position:0% example I could spend economic capital to<00:05:24.120> become<00:05:24.360> part<00:05:24.539> of<00:05:24.720> the<00:05:24.780> board<00:05:24.900> API<00:05:25.380> Club<00:05:25.560> to 00:05:25.850 --> 00:05:25.860 align:start position:0% to become part of the board API Club to 00:05:25.860 --> 00:05:28.310 align:start position:0% to become part of the board API Club to grow<00:05:25.979> my<00:05:26.280> social<00:05:26.460> connections<00:05:27.180> I<00:05:27.900> can<00:05:28.020> throw 00:05:28.310 --> 00:05:28.320 align:start position:0% grow my social connections I can throw 00:05:28.320 --> 00:05:30.290 align:start position:0% grow my social connections I can throw those<00:05:28.560> connections<00:05:29.160> earn<00:05:29.639> knowledge<00:05:30.000> or 00:05:30.290 --> 00:05:30.300 align:start position:0% those connections earn knowledge or 00:05:30.300 --> 00:05:32.749 align:start position:0% those connections earn knowledge or Insider<00:05:30.840> alpha<00:05:31.259> or<00:05:31.440> whatever<00:05:31.560> the<00:05:31.919> hell<00:05:32.039> using 00:05:32.749 --> 00:05:32.759 align:start position:0% Insider alpha or whatever the hell using 00:05:32.759 --> 00:05:35.090 align:start position:0% Insider alpha or whatever the hell using that<00:05:32.940> Alpha<00:05:33.419> I<00:05:33.840> can<00:05:33.960> maybe<00:05:34.080> write<00:05:34.440> blog<00:05:34.800> posts 00:05:35.090 --> 00:05:35.100 align:start position:0% that Alpha I can maybe write blog posts 00:05:35.100 --> 00:05:36.710 align:start position:0% that Alpha I can maybe write blog posts about<00:05:35.220> it<00:05:35.460> and<00:05:35.699> get<00:05:35.940> really<00:05:36.120> trending<00:05:36.539> on 00:05:36.710 --> 00:05:36.720 align:start position:0% about it and get really trending on 00:05:36.720 --> 00:05:39.409 align:start position:0% about it and get really trending on Twitter<00:05:36.900> and<00:05:37.440> grow<00:05:37.620> my<00:05:37.860> symbolic<00:05:38.340> capital<00:05:38.639> and 00:05:39.409 --> 00:05:39.419 align:start position:0% Twitter and grow my symbolic capital and 00:05:39.419 --> 00:05:40.850 align:start position:0% Twitter and grow my symbolic capital and using<00:05:39.720> all<00:05:39.900> of<00:05:40.020> these<00:05:40.199> things<00:05:40.320> I<00:05:40.620> can<00:05:40.680> start 00:05:40.850 --> 00:05:40.860 align:start position:0% using all of these things I can start 00:05:40.860 --> 00:05:43.070 align:start position:0% using all of these things I can start making<00:05:41.100> money<00:05:41.460> again<00:05:41.759> so<00:05:42.419> all<00:05:42.720> of<00:05:42.840> these 00:05:43.070 --> 00:05:43.080 align:start position:0% making money again so all of these 00:05:43.080 --> 00:05:44.870 align:start position:0% making money again so all of these things<00:05:43.199> are<00:05:43.560> interconnected<00:05:44.160> and<00:05:44.400> they<00:05:44.520> say<00:05:44.699> a 00:05:44.870 --> 00:05:44.880 align:start position:0% things are interconnected and they say a 00:05:44.880 --> 00:05:46.790 align:start position:0% things are interconnected and they say a lot<00:05:44.940> about<00:05:45.120> your<00:05:45.479> standing<00:05:45.840> in<00:05:46.020> the<00:05:46.139> world<00:05:46.259> and 00:05:46.790 --> 00:05:46.800 align:start position:0% lot about your standing in the world and 00:05:46.800 --> 00:05:49.730 align:start position:0% lot about your standing in the world and the<00:05:46.979> influence<00:05:47.400> that<00:05:47.639> you<00:05:47.880> can<00:05:48.000> exert<00:05:48.419> over<00:05:48.960> it 00:05:49.730 --> 00:05:49.740 align:start position:0% the influence that you can exert over it 00:05:49.740 --> 00:05:51.710 align:start position:0% the influence that you can exert over it so<00:05:50.280> let's<00:05:50.460> look<00:05:50.759> a<00:05:51.300> little<00:05:51.360> bit<00:05:51.539> about 00:05:51.710 --> 00:05:51.720 align:start position:0% so let's look a little bit about 00:05:51.720 --> 00:05:53.810 align:start position:0% so let's look a little bit about identifies<00:05:52.440> in<00:05:52.620> web<00:05:52.800> 3<00:05:53.039> that<00:05:53.340> say<00:05:53.580> something 00:05:53.810 --> 00:05:53.820 align:start position:0% identifies in web 3 that say something 00:05:53.820 --> 00:05:55.010 align:start position:0% identifies in web 3 that say something about<00:05:54.060> you 00:05:55.010 --> 00:05:55.020 align:start position:0% about you 00:05:55.020 --> 00:05:57.430 align:start position:0% about you so<00:05:55.560> for<00:05:55.860> example<00:05:56.100> in<00:05:56.520> economic<00:05:57.000> capital 00:05:57.430 --> 00:05:57.440 align:start position:0% so for example in economic capital 00:05:57.440 --> 00:06:00.590 align:start position:0% so for example in economic capital somebody<00:05:58.440> has<00:05:58.800> a<00:05:59.039> hundred<00:05:59.160> Doge<00:06:00.000> that's<00:06:00.360> okay 00:06:00.590 --> 00:06:00.600 align:start position:0% somebody has a hundred Doge that's okay 00:06:00.600 --> 00:06:02.210 align:start position:0% somebody has a hundred Doge that's okay that<00:06:00.900> this<00:06:01.199> person<00:06:01.380> has<00:06:01.740> a<00:06:01.860> wallet 00:06:02.210 --> 00:06:02.220 align:start position:0% that this person has a wallet 00:06:02.220 --> 00:06:03.469 align:start position:0% that this person has a wallet understands<00:06:02.940> a<00:06:03.060> little<00:06:03.180> bit<00:06:03.300> about 00:06:03.469 --> 00:06:03.479 align:start position:0% understands a little bit about 00:06:03.479 --> 00:06:05.870 align:start position:0% understands a little bit about cryptocurrencies<00:06:04.440> cool<00:06:05.100> they<00:06:05.520> bought<00:06:05.699> some 00:06:05.870 --> 00:06:05.880 align:start position:0% cryptocurrencies cool they bought some 00:06:05.880 --> 00:06:07.790 align:start position:0% cryptocurrencies cool they bought some Doge<00:06:06.300> good<00:06:06.600> for<00:06:06.780> them 00:06:07.790 --> 00:06:07.800 align:start position:0% Doge good for them 00:06:07.800 --> 00:06:10.189 align:start position:0% Doge good for them this<00:06:08.400> person<00:06:08.580> whoa 00:06:10.189 --> 00:06:10.199 align:start position:0% this person whoa 00:06:10.199 --> 00:06:12.590 align:start position:0% this person whoa it's<00:06:10.680> still<00:06:10.800> a<00:06:10.979> hundred<00:06:11.220> but<00:06:12.000> who<00:06:12.180> is<00:06:12.360> this 00:06:12.590 --> 00:06:12.600 align:start position:0% it's still a hundred but who is this 00:06:12.600 --> 00:06:14.870 align:start position:0% it's still a hundred but who is this person<00:06:12.840> right<00:06:13.380> like<00:06:13.740> this<00:06:14.100> this<00:06:14.340> is<00:06:14.580> probably 00:06:14.870 --> 00:06:14.880 align:start position:0% person right like this this is probably 00:06:14.880 --> 00:06:17.210 align:start position:0% person right like this this is probably an<00:06:15.360> important<00:06:15.660> person<00:06:15.900> or<00:06:16.259> at<00:06:16.440> least<00:06:16.560> a<00:06:17.100> very 00:06:17.210 --> 00:06:17.220 align:start position:0% an important person or at least a very 00:06:17.220 --> 00:06:19.189 align:start position:0% an important person or at least a very rich<00:06:17.400> person<00:06:17.759> right<00:06:18.120> so<00:06:18.300> but<00:06:18.660> you<00:06:18.840> need<00:06:19.020> to 00:06:19.189 --> 00:06:19.199 align:start position:0% rich person right so but you need to 00:06:19.199 --> 00:06:21.230 align:start position:0% rich person right so but you need to know<00:06:19.440> the<00:06:20.100> difference<00:06:20.280> between<00:06:20.699> these<00:06:21.060> two 00:06:21.230 --> 00:06:21.240 align:start position:0% know the difference between these two 00:06:21.240 --> 00:06:23.270 align:start position:0% know the difference between these two things<00:06:21.419> the<00:06:22.020> average<00:06:22.139> person<00:06:22.500> has<00:06:22.860> no<00:06:23.100> idea 00:06:23.270 --> 00:06:23.280 align:start position:0% things the average person has no idea 00:06:23.280 --> 00:06:25.370 align:start position:0% things the average person has no idea what<00:06:23.520> this<00:06:23.639> means<00:06:23.940> and<00:06:24.660> for<00:06:24.840> example<00:06:25.080> Social 00:06:25.370 --> 00:06:25.380 align:start position:0% what this means and for example Social 00:06:25.380 --> 00:06:28.129 align:start position:0% what this means and for example Social Capital<00:06:25.759> if<00:06:26.759> you<00:06:26.880> have<00:06:27.000> 72<00:06:27.539> followers<00:06:27.960> on 00:06:28.129 --> 00:06:28.139 align:start position:0% Capital if you have 72 followers on 00:06:28.139 --> 00:06:29.689 align:start position:0% Capital if you have 72 followers on Twitter<00:06:28.319> maybe<00:06:28.919> you're<00:06:29.160> writing<00:06:29.520> good 00:06:29.689 --> 00:06:29.699 align:start position:0% Twitter maybe you're writing good 00:06:29.699 --> 00:06:32.570 align:start position:0% Twitter maybe you're writing good content<00:06:30.120> maybe<00:06:30.660> not<00:06:30.960> who<00:06:31.380> knows<00:06:31.680> but<00:06:32.160> you<00:06:32.460> know 00:06:32.570 --> 00:06:32.580 align:start position:0% content maybe not who knows but you know 00:06:32.580 --> 00:06:34.969 align:start position:0% content maybe not who knows but you know you<00:06:33.120> don't<00:06:33.240> have<00:06:33.479> a<00:06:33.780> broad<00:06:33.900> audience<00:06:34.380> so<00:06:34.800> to 00:06:34.969 --> 00:06:34.979 align:start position:0% you don't have a broad audience so to 00:06:34.979 --> 00:06:35.809 align:start position:0% you don't have a broad audience so to speak 00:06:35.809 --> 00:06:35.819 align:start position:0% speak 00:06:35.819 --> 00:06:38.809 align:start position:0% speak but<00:06:36.240> you<00:06:36.360> add<00:06:36.539> a<00:06:36.660> k<00:06:36.780> to<00:06:37.020> that<00:06:37.139> 72<00:06:37.819> suddenly 00:06:38.809 --> 00:06:38.819 align:start position:0% but you add a k to that 72 suddenly 00:06:38.819 --> 00:06:41.689 align:start position:0% but you add a k to that 72 suddenly you're<00:06:39.419> a<00:06:39.660> big<00:06:39.780> person<00:06:40.080> you<00:06:40.740> have<00:06:40.979> influence 00:06:41.689 --> 00:06:41.699 align:start position:0% you're a big person you have influence 00:06:41.699 --> 00:06:43.909 align:start position:0% you're a big person you have influence over<00:06:42.120> the<00:06:42.360> space<00:06:42.539> I<00:06:43.259> want<00:06:43.380> to<00:06:43.500> get<00:06:43.680> to<00:06:43.800> know 00:06:43.909 --> 00:06:43.919 align:start position:0% over the space I want to get to know 00:06:43.919 --> 00:06:46.309 align:start position:0% over the space I want to get to know this<00:06:44.160> person<00:06:44.520> with<00:06:44.819> 72k<00:06:45.419> followers<00:06:45.840> I<00:06:46.020> want<00:06:46.139> to 00:06:46.309 --> 00:06:46.319 align:start position:0% this person with 72k followers I want to 00:06:46.319 --> 00:06:48.469 align:start position:0% this person with 72k followers I want to know<00:06:46.380> what<00:06:46.560> they<00:06:46.740> have<00:06:46.860> to<00:06:46.979> say<00:06:47.180> I<00:06:48.180> don't<00:06:48.300> want 00:06:48.469 --> 00:06:48.479 align:start position:0% know what they have to say I don't want 00:06:48.479 --> 00:06:50.870 align:start position:0% know what they have to say I don't want to<00:06:48.600> it's<00:06:48.960> biased<00:06:49.500> but<00:06:49.919> I<00:06:50.039> want<00:06:50.220> it<00:06:50.340> I<00:06:50.580> don't 00:06:50.870 --> 00:06:50.880 align:start position:0% to it's biased but I want it I don't 00:06:50.880 --> 00:06:52.070 align:start position:0% to it's biased but I want it I don't know<00:06:51.060> why 00:06:52.070 --> 00:06:52.080 align:start position:0% know why 00:06:52.080 --> 00:06:54.590 align:start position:0% know why and<00:06:52.500> for<00:06:52.680> example<00:06:52.860> cultural<00:06:53.520> capital<00:06:53.759> so<00:06:54.360> the 00:06:54.590 --> 00:06:54.600 align:start position:0% and for example cultural capital so the 00:06:54.600 --> 00:06:57.170 align:start position:0% and for example cultural capital so the knowledge<00:06:54.900> that<00:06:55.080> we<00:06:55.259> have<00:06:55.380> for<00:06:56.160> example<00:06:56.460> if 00:06:57.170 --> 00:06:57.180 align:start position:0% knowledge that we have for example if 00:06:57.180 --> 00:06:59.330 align:start position:0% knowledge that we have for example if you<00:06:57.300> participate<00:06:57.780> in<00:06:58.020> governance<00:06:58.440> good<00:06:59.220> for 00:06:59.330 --> 00:06:59.340 align:start position:0% you participate in governance good for 00:06:59.340 --> 00:07:01.309 align:start position:0% you participate in governance good for you<00:06:59.520> you've<00:06:59.880> understood<00:07:00.300> what<00:07:00.780> governance<00:07:01.139> is 00:07:01.309 --> 00:07:01.319 align:start position:0% you you've understood what governance is 00:07:01.319 --> 00:07:02.809 align:start position:0% you you've understood what governance is you've<00:07:01.680> read<00:07:01.800> a<00:07:01.979> proposal<00:07:02.340> and<00:07:02.460> you<00:07:02.580> put<00:07:02.699> a 00:07:02.809 --> 00:07:02.819 align:start position:0% you've read a proposal and you put a 00:07:02.819 --> 00:07:05.450 align:start position:0% you've read a proposal and you put a vote<00:07:03.060> on<00:07:03.180> it<00:07:03.360> cool<00:07:03.780> you<00:07:04.620> already<00:07:04.919> know<00:07:05.220> more 00:07:05.450 --> 00:07:05.460 align:start position:0% vote on it cool you already know more 00:07:05.460 --> 00:07:08.570 align:start position:0% vote on it cool you already know more than<00:07:05.639> 99<00:07:05.819> of<00:07:06.539> the<00:07:06.600> entire<00:07:06.900> world<00:07:07.160> however<00:07:08.160> if 00:07:08.570 --> 00:07:08.580 align:start position:0% than 99 of the entire world however if 00:07:08.580 --> 00:07:10.370 align:start position:0% than 99 of the entire world however if you<00:07:08.759> pass<00:07:09.000> the<00:07:09.240> governance<00:07:09.600> vote<00:07:09.900> so<00:07:10.080> if<00:07:10.199> you 00:07:10.370 --> 00:07:10.380 align:start position:0% you pass the governance vote so if you 00:07:10.380 --> 00:07:13.189 align:start position:0% you pass the governance vote so if you wrote<00:07:10.680> it<00:07:10.860> if<00:07:11.639> you<00:07:11.880> defended<00:07:12.300> it<00:07:12.479> to<00:07:13.020> your 00:07:13.189 --> 00:07:13.199 align:start position:0% wrote it if you defended it to your 00:07:13.199 --> 00:07:15.170 align:start position:0% wrote it if you defended it to your audience<00:07:13.500> and<00:07:13.860> got<00:07:14.039> it<00:07:14.220> approved<00:07:14.699> in<00:07:15.060> your 00:07:15.170 --> 00:07:15.180 align:start position:0% audience and got it approved in your 00:07:15.180 --> 00:07:17.270 align:start position:0% audience and got it approved in your Dell<00:07:15.479> clearly<00:07:16.259> you<00:07:16.560> know<00:07:16.680> a<00:07:16.800> lot<00:07:16.919> about<00:07:17.039> the 00:07:17.270 --> 00:07:17.280 align:start position:0% Dell clearly you know a lot about the 00:07:17.280 --> 00:07:18.830 align:start position:0% Dell clearly you know a lot about the subject<00:07:17.580> matter<00:07:17.759> that<00:07:18.060> you<00:07:18.240> just<00:07:18.360> proposed 00:07:18.830 --> 00:07:18.840 align:start position:0% subject matter that you just proposed 00:07:18.840 --> 00:07:21.290 align:start position:0% subject matter that you just proposed you<00:07:19.259> have<00:07:19.380> a<00:07:19.560> different<00:07:19.740> cultural<00:07:20.520> capital<00:07:20.759> at 00:07:21.290 --> 00:07:21.300 align:start position:0% you have a different cultural capital at 00:07:21.300 --> 00:07:23.330 align:start position:0% you have a different cultural capital at your<00:07:21.479> disposal 00:07:23.330 --> 00:07:23.340 align:start position:0% your disposal 00:07:23.340 --> 00:07:25.550 align:start position:0% your disposal and<00:07:23.819> another<00:07:24.000> example<00:07:24.419> is<00:07:24.539> for<00:07:24.780> example<00:07:25.020> the 00:07:25.550 --> 00:07:25.560 align:start position:0% and another example is for example the 00:07:25.560 --> 00:07:28.129 align:start position:0% and another example is for example the Devcon<00:07:25.919> at<00:07:26.160> ND<00:07:26.520> so<00:07:26.759> this<00:07:27.060> is<00:07:27.180> you<00:07:27.479> the<00:07:27.840> audience 00:07:28.129 --> 00:07:28.139 align:start position:0% Devcon at ND so this is you the audience 00:07:28.139 --> 00:07:30.170 align:start position:0% Devcon at ND so this is you the audience right<00:07:28.500> you<00:07:28.740> have<00:07:28.919> certain<00:07:29.160> knowledge<00:07:29.639> you've 00:07:30.170 --> 00:07:30.180 align:start position:0% right you have certain knowledge you've 00:07:30.180 --> 00:07:32.210 align:start position:0% right you have certain knowledge you've understood<00:07:30.599> what<00:07:31.080> ethereum<00:07:31.680> is<00:07:31.919> you 00:07:32.210 --> 00:07:32.220 align:start position:0% understood what ethereum is you 00:07:32.220 --> 00:07:33.770 align:start position:0% understood what ethereum is you understood<00:07:32.580> how<00:07:32.880> to<00:07:33.000> come<00:07:33.180> here<00:07:33.360> and<00:07:33.479> that<00:07:33.660> you 00:07:33.770 --> 00:07:33.780 align:start position:0% understood how to come here and that you 00:07:33.780 --> 00:07:35.930 align:start position:0% understood how to come here and that you want<00:07:33.900> to<00:07:34.020> learn<00:07:34.199> more<00:07:34.440> but<00:07:35.220> it's<00:07:35.340> not<00:07:35.520> the<00:07:35.759> same 00:07:35.930 --> 00:07:35.940 align:start position:0% want to learn more but it's not the same 00:07:35.940 --> 00:07:38.689 align:start position:0% want to learn more but it's not the same as<00:07:36.240> Defcon<00:07:36.840> speaker<00:07:37.199> me<00:07:37.860> in<00:07:38.160> this<00:07:38.280> sense<00:07:38.460> who's 00:07:38.689 --> 00:07:38.699 align:start position:0% as Defcon speaker me in this sense who's 00:07:38.699 --> 00:07:41.210 align:start position:0% as Defcon speaker me in this sense who's been<00:07:38.940> invited<00:07:39.360> here<00:07:39.599> to<00:07:39.960> be<00:07:40.319> an<00:07:40.500> expert<00:07:40.860> on<00:07:41.099> the 00:07:41.210 --> 00:07:41.220 align:start position:0% been invited here to be an expert on the 00:07:41.220 --> 00:07:44.150 align:start position:0% been invited here to be an expert on the subject<00:07:41.520> matter<00:07:41.759> I<00:07:42.300> have<00:07:42.539> in<00:07:43.259> theory<00:07:43.620> more 00:07:44.150 --> 00:07:44.160 align:start position:0% subject matter I have in theory more 00:07:44.160 --> 00:07:46.249 align:start position:0% subject matter I have in theory more knowledge<00:07:44.520> about<00:07:44.819> something<00:07:45.300> that's<00:07:45.840> why<00:07:46.080> I'm 00:07:46.249 --> 00:07:46.259 align:start position:0% knowledge about something that's why I'm 00:07:46.259 --> 00:07:47.930 align:start position:0% knowledge about something that's why I'm standing<00:07:46.740> up<00:07:47.099> here 00:07:47.930 --> 00:07:47.940 align:start position:0% standing up here 00:07:47.940 --> 00:07:50.510 align:start position:0% standing up here and<00:07:48.539> finally<00:07:48.840> symbolic<00:07:49.380> Capital<00:07:49.560> as<00:07:50.400> an 00:07:50.510 --> 00:07:50.520 align:start position:0% and finally symbolic Capital as an 00:07:50.520 --> 00:07:52.969 align:start position:0% and finally symbolic Capital as an example<00:07:50.880> to<00:07:51.720> be<00:07:51.840> a<00:07:51.960> member<00:07:52.139> of<00:07:52.199> a<00:07:52.319> Dao<00:07:52.620> is<00:07:52.800> a 00:07:52.969 --> 00:07:52.979 align:start position:0% example to be a member of a Dao is a 00:07:52.979 --> 00:07:54.770 align:start position:0% example to be a member of a Dao is a fantastic<00:07:53.220> interesting<00:07:53.880> thing<00:07:54.120> it<00:07:54.539> means 00:07:54.770 --> 00:07:54.780 align:start position:0% fantastic interesting thing it means 00:07:54.780 --> 00:07:56.210 align:start position:0% fantastic interesting thing it means that<00:07:54.960> you've<00:07:55.139> understood<00:07:55.440> what<00:07:55.620> a<00:07:55.740> Dao<00:07:56.039> is 00:07:56.210 --> 00:07:56.220 align:start position:0% that you've understood what a Dao is 00:07:56.220 --> 00:07:58.129 align:start position:0% that you've understood what a Dao is you're<00:07:56.520> contributing<00:07:57.240> in<00:07:57.599> some<00:07:57.720> certain<00:07:57.960> way 00:07:58.129 --> 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have<00:08:05.460> more<00:08:05.759> connections<00:08:06.300> through 00:08:06.650 --> 00:08:06.660 align:start position:0% maybe you have more connections through 00:08:06.660 --> 00:08:08.570 align:start position:0% maybe you have more connections through that<00:08:06.900> people<00:08:07.199> start<00:08:07.560> talking<00:08:07.800> about<00:08:07.979> ah<00:08:08.340> this 00:08:08.570 --> 00:08:08.580 align:start position:0% that people start talking about ah this 00:08:08.580 --> 00:08:10.430 align:start position:0% that people start talking about ah this person<00:08:08.759> founded<00:08:09.240> a<00:08:09.360> Dao<00:08:09.660> oh<00:08:09.780> my<00:08:09.840> God<00:08:09.960> who<00:08:10.199> who 00:08:10.430 --> 00:08:10.440 align:start position:0% person founded a Dao oh my God who who 00:08:10.440 --> 00:08:12.830 align:start position:0% person founded a Dao oh my God who who is<00:08:10.620> this<00:08:10.800> person<00:08:11.039> so<00:08:11.759> they<00:08:12.060> have<00:08:12.240> access<00:08:12.539> to 00:08:12.830 --> 00:08:12.840 align:start position:0% is this person so they have access to 00:08:12.840 --> 00:08:14.749 align:start position:0% is this person so they have access to different<00:08:13.020> kind<00:08:13.259> of<00:08:13.380> symbolic<00:08:13.860> capital<00:08:14.039> and 00:08:14.749 --> 00:08:14.759 align:start position:0% different kind of symbolic capital and 00:08:14.759 --> 00:08:16.189 align:start position:0% different kind of symbolic capital and this<00:08:14.940> again<00:08:15.120> influences<00:08:15.720> all<00:08:15.900> of<00:08:16.020> the<00:08:16.139> other 00:08:16.189 --> 00:08:16.199 align:start position:0% this again influences all of the other 00:08:16.199 --> 00:08:17.809 align:start position:0% this again influences all of the other types<00:08:16.500> of<00:08:16.620> capital<00:08:16.800> so<00:08:17.099> you<00:08:17.280> get<00:08:17.400> the<00:08:17.580> idea 00:08:17.809 --> 00:08:17.819 align:start position:0% types of capital so you get the idea 00:08:17.819 --> 00:08:20.150 align:start position:0% types of capital so you get the idea web3<00:08:18.539> says<00:08:18.960> a<00:08:19.020> lot<00:08:19.080> about<00:08:19.199> you<00:08:19.440> but<00:08:19.680> only<00:08:19.919> if 00:08:20.150 --> 00:08:20.160 align:start position:0% web3 says a lot about you but only if 00:08:20.160 --> 00:08:21.469 align:start position:0% web3 says a lot about you but only if you<00:08:20.400> understand<00:08:20.580> it<00:08:20.940> and<00:08:21.300> actually 00:08:21.469 --> 00:08:21.479 align:start position:0% you understand it and actually 00:08:21.479 --> 00:08:23.869 align:start position:0% you understand it and actually understanding<00:08:22.139> it<00:08:22.259> itself<00:08:22.740> is<00:08:23.460> cultural 00:08:23.869 --> 00:08:23.879 align:start position:0% understanding it itself is cultural 00:08:23.879 --> 00:08:26.450 align:start position:0% understanding it itself is cultural capital<00:08:24.199> it<00:08:25.199> gives<00:08:25.379> you<00:08:25.500> an<00:08:25.680> advantage<00:08:26.039> to 00:08:26.450 --> 00:08:26.460 align:start position:0% capital it gives you an advantage to 00:08:26.460 --> 00:08:28.610 align:start position:0% capital it gives you an advantage to know<00:08:26.699> these<00:08:27.240> things<00:08:27.360> and<00:08:27.960> most<00:08:28.139> people<00:08:28.319> don't 00:08:28.610 --> 00:08:28.620 align:start position:0% know these things and most people don't 00:08:28.620 --> 00:08:29.749 align:start position:0% know these things and most people don't understand<00:08:28.800> it 00:08:29.749 --> 00:08:29.759 align:start position:0% understand it 00:08:29.759 --> 00:08:31.670 align:start position:0% understand it so<00:08:30.240> let's<00:08:30.419> talk<00:08:30.599> about<00:08:30.720> designing<00:08:31.319> a<00:08:31.500> system 00:08:31.670 --> 00:08:31.680 align:start position:0% so let's talk about designing a system 00:08:31.680 --> 00:08:33.829 align:start position:0% so let's talk about designing a system of<00:08:31.919> identifiers<00:08:32.640> and<00:08:33.000> this<00:08:33.180> is<00:08:33.240> I<00:08:33.479> think<00:08:33.599> where 00:08:33.829 --> 00:08:33.839 align:start position:0% of identifiers and this is I think where 00:08:33.839 --> 00:08:36.409 align:start position:0% of identifiers and this is I think where it<00:08:33.959> gets<00:08:34.320> a<00:08:34.620> bit<00:08:34.740> more<00:08:34.919> interesting<00:08:35.279> so<00:08:36.180> we 00:08:36.409 --> 00:08:36.419 align:start position:0% it gets a bit more interesting so we 00:08:36.419 --> 00:08:38.209 align:start position:0% it gets a bit more interesting so we think<00:08:36.719> a<00:08:37.140> common<00:08:37.260> ground<00:08:37.560> that<00:08:37.919> a<00:08:38.099> major 00:08:38.209 --> 00:08:38.219 align:start position:0% think a common ground that a major 00:08:38.219 --> 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says<00:08:47.040> a<00:08:47.220> lot<00:08:47.339> so<00:08:48.120> for<00:08:48.300> example 00:08:49.250 --> 00:08:49.260 align:start position:0% it says a lot so for example 00:08:49.260 --> 00:08:51.949 align:start position:0% it says a lot so for example if<00:08:49.740> we<00:08:49.920> build<00:08:50.040> a<00:08:50.279> chat<00:08:50.519> app<00:08:50.700> where<00:08:51.420> one<00:08:51.720> person 00:08:51.949 --> 00:08:51.959 align:start position:0% if we build a chat app where one person 00:08:51.959 --> 00:08:54.110 align:start position:0% if we build a chat app where one person asks<00:08:52.440> for<00:08:52.620> help<00:08:52.800> and<00:08:53.519> another<00:08:53.820> person 00:08:54.110 --> 00:08:54.120 align:start position:0% asks for help and another person 00:08:54.120 --> 00:08:56.329 align:start position:0% asks for help and another person provides<00:08:54.839> that<00:08:55.080> help<00:08:55.260> this<00:08:55.980> is<00:08:56.100> very 00:08:56.329 --> 00:08:56.339 align:start position:0% provides that help this is very 00:08:56.339 --> 00:08:58.790 align:start position:0% provides that help this is very qualitative<00:08:57.240> as<00:08:57.660> an<00:08:57.839> act<00:08:58.019> and<00:08:58.260> it's<00:08:58.440> difficult 00:08:58.790 --> 00:08:58.800 align:start position:0% qualitative as an act and it's difficult 00:08:58.800 --> 00:09:01.310 align:start position:0% qualitative as an act and it's difficult to<00:08:59.160> quantify<00:08:59.640> it's<00:08:59.880> difficult<00:09:00.240> to<00:09:00.480> say<00:09:00.660> this 00:09:01.310 --> 00:09:01.320 align:start position:0% to quantify it's difficult to say this 00:09:01.320 --> 00:09:03.170 align:start position:0% to quantify it's difficult to say this person<00:09:01.500> has<00:09:01.860> provided<00:09:02.339> a<00:09:02.640> helpful<00:09:02.880> service 00:09:03.170 --> 00:09:03.180 align:start position:0% person has provided a helpful service 00:09:03.180 --> 00:09:05.630 align:start position:0% person has provided a helpful service but<00:09:03.959> what<00:09:04.140> if<00:09:04.380> in<00:09:04.680> web<00:09:04.860> 3<00:09:05.100> we<00:09:05.399> could<00:09:05.459> say 00:09:05.630 --> 00:09:05.640 align:start position:0% but what if in web 3 we could say 00:09:05.640 --> 00:09:07.790 align:start position:0% but what if in web 3 we could say actually<00:09:05.880> if<00:09:06.660> this<00:09:06.839> other<00:09:07.019> person<00:09:07.260> says<00:09:07.680> yeah 00:09:07.790 --> 00:09:07.800 align:start position:0% actually if this other person says yeah 00:09:07.800 --> 00:09:10.250 align:start position:0% actually if this other person says yeah thanks<00:09:08.100> for<00:09:08.700> for<00:09:08.940> helping<00:09:09.300> me<00:09:09.480> this<00:09:10.140> person 00:09:10.250 --> 00:09:10.260 align:start position:0% thanks for for helping me this person 00:09:10.260 --> 00:09:12.290 align:start position:0% thanks for for helping me this person could<00:09:10.620> grow<00:09:10.860> helpfulness<00:09:11.519> in<00:09:11.940> a<00:09:12.120> kind<00:09:12.240> of 00:09:12.290 --> 00:09:12.300 align:start position:0% could grow helpfulness in a kind of 00:09:12.300 --> 00:09:14.570 align:start position:0% could grow helpfulness in a kind of gamified<00:09:12.600> way<00:09:13.019> you<00:09:13.620> build<00:09:13.800> this<00:09:14.040> identifier 00:09:14.570 --> 00:09:14.580 align:start position:0% gamified way you build this identifier 00:09:14.580 --> 00:09:16.850 align:start position:0% gamified way you build this identifier that<00:09:14.940> in<00:09:15.120> a<00:09:15.240> way<00:09:15.360> you<00:09:15.779> are<00:09:15.899> helpful<00:09:16.260> in<00:09:16.680> the 00:09:16.850 --> 00:09:16.860 align:start position:0% that in a way you are helpful in the 00:09:16.860 --> 00:09:18.949 align:start position:0% that in a way you are helpful in the space<00:09:17.040> and<00:09:17.880> this<00:09:18.000> is<00:09:18.120> just<00:09:18.240> the<00:09:18.420> first<00:09:18.600> example 00:09:18.949 --> 00:09:18.959 align:start position:0% space and this is just the first example 00:09:18.959 --> 00:09:20.810 align:start position:0% space and this is just the first example another<00:09:19.260> example<00:09:19.680> is<00:09:19.920> you<00:09:20.160> become<00:09:20.459> a<00:09:20.580> member 00:09:20.810 --> 00:09:20.820 align:start position:0% another example is you become a member 00:09:20.820 --> 00:09:23.030 align:start position:0% another example is you become a member of<00:09:20.940> a<00:09:21.120> Dao<00:09:21.480> so<00:09:21.779> if<00:09:22.019> I<00:09:22.140> join<00:09:22.440> a<00:09:22.560> Dao<00:09:22.800> as<00:09:22.980> a 00:09:23.030 --> 00:09:23.040 align:start position:0% of a Dao so if I join a Dao as a 00:09:23.040 --> 00:09:24.350 align:start position:0% of a Dao so if I join a Dao as a designer<00:09:23.339> and<00:09:23.459> I<00:09:23.580> contribute<00:09:23.940> for<00:09:24.120> a<00:09:24.240> month 00:09:24.350 --> 00:09:24.360 align:start position:0% designer and I contribute for a month 00:09:24.360 --> 00:09:26.389 align:start position:0% designer and I contribute for a month slowly<00:09:25.019> my<00:09:25.260> little<00:09:25.380> Dow<00:09:25.680> contributor<00:09:26.220> level 00:09:26.389 --> 00:09:26.399 align:start position:0% slowly my little Dow contributor level 00:09:26.399 --> 00:09:28.910 align:start position:0% slowly my little Dow contributor level can<00:09:26.700> go<00:09:26.880> up<00:09:27.060> and<00:09:27.540> eventually<00:09:27.899> of<00:09:28.200> course<00:09:28.320> once 00:09:28.910 --> 00:09:28.920 align:start position:0% can go up and eventually of course once 00:09:28.920 --> 00:09:30.650 align:start position:0% can go up and eventually of course once I'm<00:09:28.980> level<00:09:29.220> two<00:09:29.399> level<00:09:29.700> three<00:09:30.000> people<00:09:30.240> will<00:09:30.540> be 00:09:30.650 --> 00:09:30.660 align:start position:0% I'm level two level three people will be 00:09:30.660 --> 00:09:32.329 align:start position:0% I'm level two level three people will be like<00:09:30.779> whoa<00:09:31.080> this<00:09:31.500> person<00:09:31.620> knows<00:09:32.040> a<00:09:32.160> lot<00:09:32.220> about 00:09:32.329 --> 00:09:32.339 align:start position:0% like whoa this person knows a lot about 00:09:32.339 --> 00:09:33.949 align:start position:0% like whoa this person knows a lot about contributing<00:09:32.940> to<00:09:33.120> Dallas 00:09:33.949 --> 00:09:33.959 align:start position:0% contributing to Dallas 00:09:33.959 --> 00:09:36.050 align:start position:0% contributing to Dallas and<00:09:34.440> another<00:09:34.680> example<00:09:35.040> is<00:09:35.279> governance<00:09:35.700> votes 00:09:36.050 --> 00:09:36.060 align:start position:0% and another example is governance votes 00:09:36.060 --> 00:09:38.269 align:start position:0% and another example is governance votes if<00:09:36.240> I<00:09:36.420> vote<00:09:36.600> Yes<00:09:36.839> on<00:09:37.140> governance<00:09:37.560> proposals<00:09:38.100> I 00:09:38.269 --> 00:09:38.279 align:start position:0% if I vote Yes on governance proposals I 00:09:38.279 --> 00:09:40.430 align:start position:0% if I vote Yes on governance proposals I can<00:09:38.459> grow<00:09:38.640> my<00:09:39.000> governance<00:09:39.360> expertise<00:09:40.019> and<00:09:40.320> in 00:09:40.430 --> 00:09:40.440 align:start position:0% can grow my governance expertise and in 00:09:40.440 --> 00:09:42.170 align:start position:0% can grow my governance expertise and in a<00:09:40.620> few<00:09:40.680> years<00:09:40.800> people<00:09:41.100> will<00:09:41.279> be<00:09:41.459> like<00:09:41.580> wow<00:09:41.880> this 00:09:42.170 --> 00:09:42.180 align:start position:0% a few years people will be like wow this 00:09:42.180 --> 00:09:43.910 align:start position:0% a few years people will be like wow this person<00:09:42.300> has<00:09:42.600> participated<00:09:43.140> a<00:09:43.380> lot<00:09:43.500> in 00:09:43.910 --> 00:09:43.920 align:start position:0% person has participated a lot in 00:09:43.920 --> 00:09:45.170 align:start position:0% person has participated a lot in governance 00:09:45.170 --> 00:09:45.180 align:start position:0% governance 00:09:45.180 --> 00:09:46.910 align:start position:0% governance and<00:09:45.600> what<00:09:45.720> this<00:09:45.899> does<00:09:46.080> is<00:09:46.320> basically<00:09:46.680> you 00:09:46.910 --> 00:09:46.920 align:start position:0% and what this does is basically you 00:09:46.920 --> 00:09:49.130 align:start position:0% and what this does is basically you start<00:09:47.160> mapping<00:09:47.700> out<00:09:47.880> a<00:09:48.360> skill<00:09:48.540> tree<00:09:48.720> of<00:09:49.019> The 00:09:49.130 --> 00:09:49.140 align:start position:0% start mapping out a skill tree of The 00:09:49.140 --> 00:09:50.750 align:start position:0% start mapping out a skill tree of The Human<00:09:49.320> Condition 00:09:50.750 --> 00:09:50.760 align:start position:0% Human Condition 00:09:50.760 --> 00:09:53.750 align:start position:0% Human Condition you<00:09:51.540> basically<00:09:52.140> collect<00:09:52.620> and<00:09:52.920> map<00:09:53.100> out<00:09:53.339> your 00:09:53.750 --> 00:09:53.760 align:start position:0% you basically collect and map out your 00:09:53.760 --> 00:09:55.850 align:start position:0% you basically collect and map out your accomplishments<00:09:54.420> and<00:09:54.839> in<00:09:55.019> a<00:09:55.140> certain<00:09:55.260> way<00:09:55.440> web 00:09:55.850 --> 00:09:55.860 align:start position:0% accomplishments and in a certain way web 00:09:55.860 --> 00:09:58.190 align:start position:0% accomplishments and in a certain way web 2<00:09:56.100> companies<00:09:56.580> already<00:09:56.820> do<00:09:57.120> this 00:09:58.190 --> 00:09:58.200 align:start position:0% 2 companies already do this 00:09:58.200 --> 00:10:00.230 align:start position:0% 2 companies already do this except<00:09:58.680> it's<00:09:58.920> a<00:09:59.100> quarterly<00:09:59.459> review<00:09:59.700> you<00:10:00.060> sit 00:10:00.230 --> 00:10:00.240 align:start position:0% except it's a quarterly review you sit 00:10:00.240 --> 00:10:01.850 align:start position:0% except it's a quarterly review you sit down<00:10:00.360> with<00:10:00.540> your<00:10:00.720> supervisor<00:10:01.260> and<00:10:01.440> they<00:10:01.620> say 00:10:01.850 --> 00:10:01.860 align:start position:0% down with your supervisor and they say 00:10:01.860 --> 00:10:03.170 align:start position:0% down with your supervisor and they say what<00:10:02.220> you're<00:10:02.399> good<00:10:02.580> at<00:10:02.700> where<00:10:03.060> you're 00:10:03.170 --> 00:10:03.180 align:start position:0% what you're good at where you're 00:10:03.180 --> 00:10:04.670 align:start position:0% what you're good at where you're performing<00:10:03.540> where<00:10:03.779> you're<00:10:03.959> underperforming 00:10:04.670 --> 00:10:04.680 align:start position:0% performing where you're underperforming 00:10:04.680 --> 00:10:07.009 align:start position:0% performing where you're underperforming but<00:10:05.220> it's<00:10:05.399> a<00:10:05.580> very<00:10:05.700> subjective<00:10:06.300> thing<00:10:06.600> it 00:10:07.009 --> 00:10:07.019 align:start position:0% but it's a very subjective thing it 00:10:07.019 --> 00:10:08.570 align:start position:0% but it's a very subjective thing it depends<00:10:07.320> on<00:10:07.500> your<00:10:07.620> boss<00:10:07.800> it<00:10:07.980> depends<00:10:08.279> on<00:10:08.399> your 00:10:08.570 --> 00:10:08.580 align:start position:0% depends on your boss it depends on your 00:10:08.580 --> 00:10:11.269 align:start position:0% depends on your boss it depends on your supervisor<00:10:09.180> and<00:10:09.839> ultimately<00:10:10.380> if<00:10:10.800> I<00:10:10.980> quit<00:10:11.160> a 00:10:11.269 --> 00:10:11.279 align:start position:0% supervisor and ultimately if I quit a 00:10:11.279 --> 00:10:13.550 align:start position:0% supervisor and ultimately if I quit a job<00:10:11.459> and<00:10:11.700> go<00:10:11.820> to<00:10:11.940> another<00:10:12.180> company<00:10:12.600> I<00:10:13.320> have<00:10:13.440> to 00:10:13.550 --> 00:10:13.560 align:start position:0% job and go to another company I have to 00:10:13.560 --> 00:10:15.050 align:start position:0% job and go to another company I have to start<00:10:13.740> again<00:10:13.920> from<00:10:14.220> scratch<00:10:14.459> I<00:10:14.760> have<00:10:14.880> to 00:10:15.050 --> 00:10:15.060 align:start position:0% start again from scratch I have to 00:10:15.060 --> 00:10:16.730 align:start position:0% start again from scratch I have to convince<00:10:15.420> them<00:10:15.600> that<00:10:16.019> what<00:10:16.200> I<00:10:16.320> did<00:10:16.440> at<00:10:16.560> the 00:10:16.730 --> 00:10:16.740 align:start position:0% convince them that what I did at the 00:10:16.740 --> 00:10:18.889 align:start position:0% convince them that what I did at the last<00:10:16.860> company<00:10:17.100> was<00:10:17.519> really<00:10:17.760> good<00:10:18.000> totally 00:10:18.889 --> 00:10:18.899 align:start position:0% last company was really good totally 00:10:18.899 --> 00:10:21.410 align:start position:0% last company was really good totally believe<00:10:19.140> me<00:10:19.380> guys<00:10:19.620> uh<00:10:20.220> you<00:10:20.459> know<00:10:20.519> regardless 00:10:21.410 --> 00:10:21.420 align:start position:0% believe me guys uh you know regardless 00:10:21.420 --> 00:10:24.410 align:start position:0% believe me guys uh you know regardless of<00:10:21.839> of<00:10:22.140> what<00:10:22.620> I'm<00:10:22.800> actually<00:10:23.040> being<00:10:23.940> reviewed 00:10:24.410 --> 00:10:24.420 align:start position:0% of of what I'm actually being reviewed 00:10:24.420 --> 00:10:27.110 align:start position:0% of of what I'm actually being reviewed as<00:10:24.540> so<00:10:25.380> it's<00:10:25.620> a<00:10:25.740> very<00:10:25.920> subjective<00:10:26.519> thing<00:10:26.760> and<00:10:27.000> I 00:10:27.110 --> 00:10:27.120 align:start position:0% as so it's a very subjective thing and I 00:10:27.120 --> 00:10:28.370 align:start position:0% as so it's a very subjective thing and I think<00:10:27.180> once<00:10:27.480> we<00:10:27.600> start<00:10:27.720> mapping<00:10:28.140> out<00:10:28.200> the 00:10:28.370 --> 00:10:28.380 align:start position:0% think once we start mapping out the 00:10:28.380 --> 00:10:29.930 align:start position:0% think once we start mapping out the Human<00:10:28.560> Condition<00:10:28.860> in<00:10:29.160> this<00:10:29.339> way<00:10:29.459> you<00:10:29.820> can 00:10:29.930 --> 00:10:29.940 align:start position:0% Human Condition in this way you can 00:10:29.940 --> 00:10:33.110 align:start position:0% Human Condition in this way you can start<00:10:30.120> becoming<00:10:30.540> more<00:10:30.779> objective<00:10:31.440> but<00:10:32.339> we'll 00:10:33.110 --> 00:10:33.120 align:start position:0% start becoming more objective but we'll 00:10:33.120 --> 00:10:35.449 align:start position:0% start becoming more objective but we'll get<00:10:33.300> to<00:10:33.600> the<00:10:34.080> cons<00:10:34.260> in<00:10:34.560> a<00:10:34.740> moment<00:10:34.920> so<00:10:35.100> this 00:10:35.449 --> 00:10:35.459 align:start position:0% get to the cons in a moment so this 00:10:35.459 --> 00:10:37.850 align:start position:0% get to the cons in a moment so this becomes<00:10:35.880> a<00:10:36.240> massive<00:10:36.540> skill<00:10:36.839> tree<00:10:37.019> summarizing 00:10:37.850 --> 00:10:37.860 align:start position:0% becomes a massive skill tree summarizing 00:10:37.860 --> 00:10:40.610 align:start position:0% becomes a massive skill tree summarizing your<00:10:38.160> entire<00:10:38.519> existence<00:10:39.360> into<00:10:39.839> badges<00:10:40.320> right 00:10:40.610 --> 00:10:40.620 align:start position:0% your entire existence into badges right 00:10:40.620 --> 00:10:42.110 align:start position:0% your entire existence into badges right this<00:10:40.860> is<00:10:40.980> amazing<00:10:41.220> loads<00:10:41.640> of<00:10:41.700> projects<00:10:42.000> are 00:10:42.110 --> 00:10:42.120 align:start position:0% this is amazing loads of projects are 00:10:42.120 --> 00:10:43.430 align:start position:0% this is amazing loads of projects are building<00:10:42.360> this<00:10:42.600> right<00:10:42.720> now<00:10:42.899> it's<00:10:43.080> going<00:10:43.260> to<00:10:43.320> be 00:10:43.430 --> 00:10:43.440 align:start position:0% building this right now it's going to be 00:10:43.440 --> 00:10:44.329 align:start position:0% building this right now it's going to be really<00:10:43.620> cool 00:10:44.329 --> 00:10:44.339 align:start position:0% really cool 00:10:44.339 --> 00:10:46.490 align:start position:0% really cool so<00:10:44.940> these<00:10:45.300> social<00:10:45.420> identifiers<00:10:46.140> become 00:10:46.490 --> 00:10:46.500 align:start position:0% so these social identifiers become 00:10:46.500 --> 00:10:49.250 align:start position:0% so these social identifiers become verified<00:10:46.860> credentials<00:10:48.060> to<00:10:48.480> be<00:10:48.600> used<00:10:48.779> anywhere 00:10:49.250 --> 00:10:49.260 align:start position:0% verified credentials to be used anywhere 00:10:49.260 --> 00:10:51.230 align:start position:0% verified credentials to be used anywhere this<00:10:49.680> is<00:10:49.800> the<00:10:49.980> composable<00:10:50.399> aspect<00:10:50.820> something 00:10:51.230 --> 00:10:51.240 align:start position:0% this is the composable aspect something 00:10:51.240 --> 00:10:53.690 align:start position:0% this is the composable aspect something I<00:10:51.660> earn<00:10:51.959> on<00:10:52.200> one<00:10:52.380> platform<00:10:52.800> I<00:10:53.279> can<00:10:53.459> use 00:10:53.690 --> 00:10:53.700 align:start position:0% I earn on one platform I can use 00:10:53.700 --> 00:10:56.030 align:start position:0% I earn on one platform I can use anywhere<00:10:54.360> across<00:10:55.019> web<00:10:55.140> 3.<00:10:55.620> that's<00:10:55.740> where<00:10:55.920> it 00:10:56.030 --> 00:10:56.040 align:start position:0% anywhere across web 3. that's where it 00:10:56.040 --> 00:10:57.410 align:start position:0% anywhere across web 3. that's where it gets<00:10:56.220> interesting<00:10:56.579> and<00:10:56.760> pay<00:10:56.940> attention<00:10:57.180> to 00:10:57.410 --> 00:10:57.420 align:start position:0% gets interesting and pay attention to 00:10:57.420 --> 00:10:59.269 align:start position:0% gets interesting and pay attention to VCS<00:10:57.959> because<00:10:58.440> you're<00:10:58.680> about<00:10:58.800> to<00:10:58.980> see<00:10:59.100> them 00:10:59.269 --> 00:10:59.279 align:start position:0% VCS because you're about to see them 00:10:59.279 --> 00:11:02.150 align:start position:0% VCS because you're about to see them everywhere<00:10:59.640> in<00:10:59.880> web3<00:11:00.240> actually<00:11:00.779> the<00:11:01.079> w3c<00:11:01.800> in 00:11:02.150 --> 00:11:02.160 align:start position:0% everywhere in web3 actually the w3c in 00:11:02.160 --> 00:11:05.030 align:start position:0% everywhere in web3 actually the w3c in March<00:11:02.519> this<00:11:02.640> year<00:11:03.019> recommended<00:11:04.019> starting<00:11:04.740> to 00:11:05.030 --> 00:11:05.040 align:start position:0% March this year recommended starting to 00:11:05.040 --> 00:11:07.190 align:start position:0% March this year recommended starting to use<00:11:05.220> verified<00:11:05.820> credentials<00:11:06.720> so<00:11:06.959> it's 00:11:07.190 --> 00:11:07.200 align:start position:0% use verified credentials so it's 00:11:07.200 --> 00:11:09.050 align:start position:0% use verified credentials so it's officially<00:11:07.620> endorsed<00:11:08.160> and<00:11:08.339> I<00:11:08.519> think<00:11:08.579> loads<00:11:08.940> of 00:11:09.050 --> 00:11:09.060 align:start position:0% officially endorsed and I think loads of 00:11:09.060 --> 00:11:11.650 align:start position:0% officially endorsed and I think loads of projects<00:11:09.300> are<00:11:09.420> going<00:11:09.600> to<00:11:09.660> start<00:11:09.839> using<00:11:10.200> it 00:11:11.650 --> 00:11:11.660 align:start position:0% projects are going to start using it 00:11:11.660 --> 00:11:14.150 align:start position:0% projects are going to start using it so<00:11:12.660> I<00:11:13.019> think<00:11:13.140> my<00:11:13.320> work<00:11:13.440> here<00:11:13.620> is<00:11:13.800> done<00:11:13.920> right 00:11:14.150 --> 00:11:14.160 align:start position:0% so I think my work here is done right 00:11:14.160 --> 00:11:16.430 align:start position:0% so I think my work here is done right easy<00:11:14.459> I've<00:11:15.000> mapped<00:11:15.779> The<00:11:15.899> Human<00:11:16.140> Condition 00:11:16.430 --> 00:11:16.440 align:start position:0% easy I've mapped The Human Condition 00:11:16.440 --> 00:11:18.590 align:start position:0% easy I've mapped The Human Condition that<00:11:16.920> was<00:11:17.040> super<00:11:17.220> easy<00:11:17.459> and<00:11:17.880> nothing<00:11:18.120> bad<00:11:18.360> can 00:11:18.590 --> 00:11:18.600 align:start position:0% that was super easy and nothing bad can 00:11:18.600 --> 00:11:20.150 align:start position:0% that was super easy and nothing bad can come<00:11:18.720> of<00:11:18.899> it<00:11:19.019> probably 00:11:20.150 --> 00:11:20.160 align:start position:0% come of it probably 00:11:20.160 --> 00:11:22.370 align:start position:0% come of it probably but<00:11:20.820> it's<00:11:21.060> not<00:11:21.300> that<00:11:21.480> simple<00:11:21.720> right<00:11:22.140> because 00:11:22.370 --> 00:11:22.380 align:start position:0% but it's not that simple right because 00:11:22.380 --> 00:11:24.290 align:start position:0% but it's not that simple right because designers<00:11:22.980> have<00:11:23.220> a<00:11:23.399> massive<00:11:23.640> responsibility 00:11:24.290 --> 00:11:24.300 align:start position:0% designers have a massive responsibility 00:11:24.300 --> 00:11:26.590 align:start position:0% designers have a massive responsibility when<00:11:25.019> actually<00:11:25.380> trying<00:11:25.680> to<00:11:25.860> map<00:11:26.040> social 00:11:26.590 --> 00:11:26.600 align:start position:0% when actually trying to map social 00:11:26.600 --> 00:11:30.110 align:start position:0% when actually trying to map social behaviors<00:11:27.600> and<00:11:28.200> uh<00:11:28.680> social<00:11:28.860> inequality<00:11:29.640> to 00:11:30.110 --> 00:11:30.120 align:start position:0% behaviors and uh social inequality to 00:11:30.120 --> 00:11:33.710 align:start position:0% behaviors and uh social inequality to basically<00:11:30.779> a<00:11:31.380> glorified<00:11:31.800> skill<00:11:32.279> tree<00:11:32.940> so<00:11:33.420> all 00:11:33.710 --> 00:11:33.720 align:start position:0% basically a glorified skill tree so all 00:11:33.720 --> 00:11:35.930 align:start position:0% basically a glorified skill tree so all human<00:11:33.899> beings<00:11:34.320> are<00:11:34.920> fundamentally<00:11:35.399> Born<00:11:35.700> Free 00:11:35.930 --> 00:11:35.940 align:start position:0% human beings are fundamentally Born Free 00:11:35.940 --> 00:11:38.269 align:start position:0% human beings are fundamentally Born Free and<00:11:36.240> equal<00:11:36.420> and<00:11:36.660> dignity<00:11:36.959> and<00:11:37.260> rights<00:11:37.620> so<00:11:38.040> this 00:11:38.269 --> 00:11:38.279 align:start position:0% and equal and dignity and rights so this 00:11:38.279 --> 00:11:40.610 align:start position:0% and equal and dignity and rights so this is<00:11:38.399> from<00:11:38.579> the<00:11:38.700> universal<00:11:39.380> Declaration<00:11:40.380> of 00:11:40.610 --> 00:11:40.620 align:start position:0% is from the universal Declaration of 00:11:40.620 --> 00:11:42.650 align:start position:0% is from the universal Declaration of Human<00:11:40.740> Rights<00:11:41.160> and 00:11:42.650 --> 00:11:42.660 align:start position:0% Human Rights and 00:11:42.660 --> 00:11:44.870 align:start position:0% Human Rights and basically<00:11:43.260> that<00:11:43.440> means<00:11:43.740> that<00:11:43.980> these<00:11:44.579> kinds<00:11:44.820> of 00:11:44.870 --> 00:11:44.880 align:start position:0% basically that means that these kinds of 00:11:44.880 --> 00:11:46.430 align:start position:0% basically that means that these kinds of systems<00:11:45.360> have<00:11:45.600> to<00:11:45.720> be<00:11:45.839> designed<00:11:46.260> really 00:11:46.430 --> 00:11:46.440 align:start position:0% systems have to be designed really 00:11:46.440 --> 00:11:48.170 align:start position:0% systems have to be designed really really<00:11:46.620> thoughtfully<00:11:47.220> because<00:11:47.820> they<00:11:48.060> can 00:11:48.170 --> 00:11:48.180 align:start position:0% really thoughtfully because they can 00:11:48.180 --> 00:11:50.750 align:start position:0% really thoughtfully because they can have<00:11:48.300> ramifications<00:11:49.019> socially<00:11:49.980> that<00:11:50.579> maybe 00:11:50.750 --> 00:11:50.760 align:start position:0% have ramifications socially that maybe 00:11:50.760 --> 00:11:53.449 align:start position:0% have ramifications socially that maybe you<00:11:51.120> don't<00:11:51.300> entirely<00:11:51.839> are<00:11:52.140> able<00:11:52.380> to<00:11:52.500> put<00:11:52.920> to 00:11:53.449 --> 00:11:53.459 align:start position:0% you don't entirely are able to put to 00:11:53.459 --> 00:11:55.850 align:start position:0% you don't entirely are able to put to anticipate<00:11:53.940> right<00:11:54.420> so<00:11:55.019> what's<00:11:55.260> to<00:11:55.500> stop<00:11:55.620> my 00:11:55.850 --> 00:11:55.860 align:start position:0% anticipate right so what's to stop my 00:11:55.860 --> 00:11:57.490 align:start position:0% anticipate right so what's to stop my entire<00:11:56.160> reputation<00:11:56.579> that's<00:11:56.820> on<00:11:57.060> chain 00:11:57.490 --> 00:11:57.500 align:start position:0% entire reputation that's on chain 00:11:57.500 --> 00:11:59.930 align:start position:0% entire reputation that's on chain ruining<00:11:58.500> my<00:11:58.620> life<00:11:58.800> in<00:11:58.980> three<00:11:59.160> years<00:11:59.399> through 00:11:59.930 --> 00:11:59.940 align:start position:0% ruining my life in three years through 00:11:59.940 --> 00:12:01.670 align:start position:0% ruining my life in three years through some<00:12:00.180> reason<00:12:00.300> it<00:12:00.540> conducts<00:12:01.019> me<00:12:01.140> and<00:12:01.380> suddenly 00:12:01.670 --> 00:12:01.680 align:start position:0% some reason it conducts me and suddenly 00:12:01.680 --> 00:12:03.350 align:start position:0% some reason it conducts me and suddenly people<00:12:01.920> find<00:12:02.160> me<00:12:02.339> at<00:12:02.519> my<00:12:02.640> home<00:12:02.820> and<00:12:03.000> that's<00:12:03.180> it 00:12:03.350 --> 00:12:03.360 align:start position:0% people find me at my home and that's it 00:12:03.360 --> 00:12:04.910 align:start position:0% people find me at my home and that's it because<00:12:03.540> of<00:12:03.720> some<00:12:03.959> reputation<00:12:04.380> thing<00:12:04.620> I<00:12:04.800> did 00:12:04.910 --> 00:12:04.920 align:start position:0% because of some reputation thing I did 00:12:04.920 --> 00:12:07.069 align:start position:0% because of some reputation thing I did three<00:12:05.160> years<00:12:05.279> ago<00:12:05.640> so<00:12:06.420> we<00:12:06.660> need<00:12:06.779> to<00:12:06.899> start 00:12:07.069 --> 00:12:07.079 align:start position:0% three years ago so we need to start 00:12:07.079 --> 00:12:08.389 align:start position:0% three years ago so we need to start actually<00:12:07.380> talking<00:12:07.680> about<00:12:07.860> preventing 00:12:08.389 --> 00:12:08.399 align:start position:0% actually talking about preventing 00:12:08.399 --> 00:12:09.949 align:start position:0% actually talking about preventing reputation<00:12:08.880> trails 00:12:09.949 --> 00:12:09.959 align:start position:0% reputation trails 00:12:09.959 --> 00:12:11.509 align:start position:0% reputation trails so<00:12:10.500> we<00:12:10.740> need<00:12:10.800> to<00:12:10.920> start<00:12:11.100> with<00:12:11.339> something 00:12:11.509 --> 00:12:11.519 align:start position:0% so we need to start with something 00:12:11.519 --> 00:12:13.610 align:start position:0% so we need to start with something called<00:12:11.820> self<00:12:12.060> sovereignty<00:12:13.019> which<00:12:13.500> is 00:12:13.610 --> 00:12:13.620 align:start position:0% called self sovereignty which is 00:12:13.620 --> 00:12:16.130 align:start position:0% called self sovereignty which is basically<00:12:13.980> I<00:12:14.339> get<00:12:14.579> to<00:12:14.820> be<00:12:15.180> the<00:12:15.420> master<00:12:15.540> of<00:12:15.959> what 00:12:16.130 --> 00:12:16.140 align:start position:0% basically I get to be the master of what 00:12:16.140 --> 00:12:18.470 align:start position:0% basically I get to be the master of what I<00:12:16.320> share<00:12:16.500> and<00:12:16.740> what<00:12:16.980> I<00:12:17.220> don't<00:12:17.339> share<00:12:17.640> so<00:12:18.120> when<00:12:18.360> I 00:12:18.470 --> 00:12:18.480 align:start position:0% I share and what I don't share so when I 00:12:18.480 --> 00:12:20.210 align:start position:0% I share and what I don't share so when I start<00:12:18.600> building<00:12:18.839> these<00:12:19.140> skill<00:12:19.320> trees<00:12:19.740> I<00:12:20.040> need 00:12:20.210 --> 00:12:20.220 align:start position:0% start building these skill trees I need 00:12:20.220 --> 00:12:22.610 align:start position:0% start building these skill trees I need to<00:12:20.279> be<00:12:20.399> able<00:12:20.519> to<00:12:20.640> say<00:12:20.880> who<00:12:21.480> can<00:12:21.720> see<00:12:21.899> what<00:12:22.200> so 00:12:22.610 --> 00:12:22.620 align:start position:0% to be able to say who can see what so 00:12:22.620 --> 00:12:24.050 align:start position:0% to be able to say who can see what so you<00:12:22.740> need<00:12:22.860> to<00:12:22.980> have<00:12:23.160> control<00:12:23.399> over<00:12:23.700> these 00:12:24.050 --> 00:12:24.060 align:start position:0% you need to have control over these 00:12:24.060 --> 00:12:26.150 align:start position:0% you need to have control over these systems<00:12:24.420> what<00:12:25.079> you<00:12:25.260> also<00:12:25.500> need<00:12:25.620> to<00:12:25.740> be<00:12:25.860> able<00:12:25.980> to 00:12:26.150 --> 00:12:26.160 align:start position:0% systems what you also need to be able to 00:12:26.160 --> 00:12:28.970 align:start position:0% systems what you also need to be able to do<00:12:26.339> is<00:12:26.700> to<00:12:26.940> revoke<00:12:27.300> certain<00:12:27.959> things<00:12:28.260> so 00:12:28.970 --> 00:12:28.980 align:start position:0% do is to revoke certain things so 00:12:28.980 --> 00:12:31.250 align:start position:0% do is to revoke certain things so binance<00:12:29.459> actually<00:12:29.820> you<00:12:30.180> know<00:12:30.240> they<00:12:30.420> do<00:12:30.600> a<00:12:30.720> kyc 00:12:31.250 --> 00:12:31.260 align:start position:0% binance actually you know they do a kyc 00:12:31.260 --> 00:12:33.110 align:start position:0% binance actually you know they do a kyc and<00:12:31.620> this<00:12:31.860> year<00:12:31.980> they<00:12:32.220> started<00:12:32.519> issuing<00:12:32.940> a 00:12:33.110 --> 00:12:33.120 align:start position:0% and this year they started issuing a 00:12:33.120 --> 00:12:35.210 align:start position:0% and this year they started issuing a token<00:12:33.420> for<00:12:33.660> this<00:12:33.779> kyc<00:12:34.380> that<00:12:34.620> you<00:12:34.740> can<00:12:34.860> claim 00:12:35.210 --> 00:12:35.220 align:start position:0% token for this kyc that you can claim 00:12:35.220 --> 00:12:37.250 align:start position:0% token for this kyc that you can claim and<00:12:35.820> then<00:12:35.940> prove<00:12:36.300> on<00:12:36.480> other<00:12:36.660> platforms<00:12:37.140> that 00:12:37.250 --> 00:12:37.260 align:start position:0% and then prove on other platforms that 00:12:37.260 --> 00:12:39.829 align:start position:0% and then prove on other platforms that you've<00:12:37.440> done<00:12:37.620> the<00:12:37.800> binance<00:12:38.100> kyc<00:12:38.820> but<00:12:39.480> this<00:12:39.720> is 00:12:39.829 --> 00:12:39.839 align:start position:0% you've done the binance kyc but this is 00:12:39.839 --> 00:12:41.569 align:start position:0% you've done the binance kyc but this is revocable<00:12:40.380> so<00:12:40.740> you<00:12:40.920> can<00:12:40.980> actually<00:12:41.100> go<00:12:41.339> back<00:12:41.459> to 00:12:41.569 --> 00:12:41.579 align:start position:0% revocable so you can actually go back to 00:12:41.579 --> 00:12:43.670 align:start position:0% revocable so you can actually go back to binance<00:12:42.000> and<00:12:42.420> this<00:12:42.779> token<00:12:43.200> that<00:12:43.380> you<00:12:43.500> have<00:12:43.560> in 00:12:43.670 --> 00:12:43.680 align:start position:0% binance and this token that you have in 00:12:43.680 --> 00:12:44.870 align:start position:0% binance and this token that you have in your<00:12:43.800> wallet<00:12:44.100> you<00:12:44.220> can<00:12:44.279> revoke<00:12:44.579> and<00:12:44.760> say 00:12:44.870 --> 00:12:44.880 align:start position:0% your wallet you can revoke and say 00:12:44.880 --> 00:12:45.889 align:start position:0% your wallet you can revoke and say actually<00:12:45.000> I<00:12:45.240> don't<00:12:45.360> want<00:12:45.420> to<00:12:45.540> have<00:12:45.600> it<00:12:45.720> there 00:12:45.889 --> 00:12:45.899 align:start position:0% actually I don't want to have it there 00:12:45.899 --> 00:12:47.870 align:start position:0% actually I don't want to have it there anymore<00:12:46.019> right<00:12:46.380> so<00:12:46.620> in<00:12:46.800> case<00:12:46.920> binance<00:12:47.459> is<00:12:47.639> I 00:12:47.870 --> 00:12:47.880 align:start position:0% anymore right so in case binance is I 00:12:47.880 --> 00:12:49.610 align:start position:0% anymore right so in case binance is I don't<00:12:48.000> know<00:12:48.120> suddenly<00:12:49.019> turns<00:12:49.320> out<00:12:49.380> to<00:12:49.560> be 00:12:49.610 --> 00:12:49.620 align:start position:0% don't know suddenly turns out to be 00:12:49.620 --> 00:12:50.930 align:start position:0% don't know suddenly turns out to be super<00:12:49.800> evil<00:12:50.160> or<00:12:50.339> whatever<00:12:50.459> and<00:12:50.700> you<00:12:50.820> don't 00:12:50.930 --> 00:12:50.940 align:start position:0% super evil or whatever and you don't 00:12:50.940 --> 00:12:52.430 align:start position:0% super evil or whatever and you don't want<00:12:51.000> to<00:12:51.120> be<00:12:51.240> associated<00:12:51.600> with<00:12:51.839> it<00:12:52.019> you<00:12:52.320> can 00:12:52.430 --> 00:12:52.440 align:start position:0% want to be associated with it you can 00:12:52.440 --> 00:12:53.810 align:start position:0% want to be associated with it you can revoke<00:12:52.800> it 00:12:53.810 --> 00:12:53.820 align:start position:0% revoke it 00:12:53.820 --> 00:12:56.930 align:start position:0% revoke it and<00:12:54.300> then<00:12:54.420> there's<00:12:54.600> also<00:12:54.899> consent<00:12:55.440> so<00:12:56.399> I<00:12:56.820> don't 00:12:56.930 --> 00:12:56.940 align:start position:0% and then there's also consent so I don't 00:12:56.940 --> 00:12:58.970 align:start position:0% and then there's also consent so I don't want<00:12:57.120> to<00:12:57.240> be<00:12:57.420> airdropped<00:12:58.019> soul-bound<00:12:58.680> stuff 00:12:58.970 --> 00:12:58.980 align:start position:0% want to be airdropped soul-bound stuff 00:12:58.980 --> 00:13:01.430 align:start position:0% want to be airdropped soul-bound stuff that's<00:12:59.459> on<00:12:59.700> my<00:12:59.880> wallet<00:13:00.180> forever<00:13:00.480> please<00:13:01.019> ask 00:13:01.430 --> 00:13:01.440 align:start position:0% that's on my wallet forever please ask 00:13:01.440 --> 00:13:03.230 align:start position:0% that's on my wallet forever please ask me<00:13:01.620> first<00:13:01.920> right<00:13:02.339> I<00:13:02.579> need<00:13:02.700> to<00:13:02.820> be<00:13:02.940> able<00:13:03.060> to 00:13:03.230 --> 00:13:03.240 align:start position:0% me first right I need to be able to 00:13:03.240 --> 00:13:05.810 align:start position:0% me first right I need to be able to claim<00:13:03.600> these<00:13:03.899> things<00:13:04.019> there<00:13:04.860> needs<00:13:05.100> to<00:13:05.220> be<00:13:05.339> a 00:13:05.810 --> 00:13:05.820 align:start position:0% claim these things there needs to be a 00:13:05.820 --> 00:13:08.750 align:start position:0% claim these things there needs to be a mechanism<00:13:06.720> of<00:13:07.079> consent<00:13:07.560> especially<00:13:08.339> you<00:13:08.639> know 00:13:08.750 --> 00:13:08.760 align:start position:0% mechanism of consent especially you know 00:13:08.760 --> 00:13:10.310 align:start position:0% mechanism of consent especially you know when<00:13:09.060> you<00:13:09.180> start<00:13:09.360> talking<00:13:09.660> about<00:13:09.839> things<00:13:10.139> that 00:13:10.310 --> 00:13:10.320 align:start position:0% when you start talking about things that 00:13:10.320 --> 00:13:12.829 align:start position:0% when you start talking about things that might<00:13:10.500> be<00:13:10.620> on<00:13:10.740> chain<00:13:10.980> forever<00:13:11.760> and<00:13:12.600> finally 00:13:12.829 --> 00:13:12.839 align:start position:0% might be on chain forever and finally 00:13:12.839 --> 00:13:15.410 align:start position:0% might be on chain forever and finally Rehabilitation<00:13:13.740> just<00:13:14.160> like<00:13:14.339> in<00:13:14.700> real<00:13:14.940> Society 00:13:15.410 --> 00:13:15.420 align:start position:0% Rehabilitation just like in real Society 00:13:15.420 --> 00:13:17.810 align:start position:0% Rehabilitation just like in real Society if<00:13:15.899> I<00:13:16.079> break<00:13:16.260> the<00:13:16.500> rules<00:13:16.740> I<00:13:17.040> go<00:13:17.220> to<00:13:17.339> prison<00:13:17.579> and 00:13:17.810 --> 00:13:17.820 align:start position:0% if I break the rules I go to prison and 00:13:17.820 --> 00:13:19.850 align:start position:0% if I break the rules I go to prison and in<00:13:18.000> theory<00:13:18.240> that's<00:13:18.480> to<00:13:18.720> be<00:13:18.839> rehabilitated<00:13:19.560> so 00:13:19.850 --> 00:13:19.860 align:start position:0% in theory that's to be rehabilitated so 00:13:19.860 --> 00:13:21.829 align:start position:0% in theory that's to be rehabilitated so that<00:13:20.040> I<00:13:20.160> can<00:13:20.279> become<00:13:20.880> a<00:13:21.060> normal<00:13:21.240> member<00:13:21.720> of 00:13:21.829 --> 00:13:21.839 align:start position:0% that I can become a normal member of 00:13:21.839 --> 00:13:23.810 align:start position:0% that I can become a normal member of society<00:13:22.260> again<00:13:22.500> I<00:13:22.860> don't<00:13:23.040> want<00:13:23.160> reputation 00:13:23.810 --> 00:13:23.820 align:start position:0% society again I don't want reputation 00:13:23.820 --> 00:13:26.090 align:start position:0% society again I don't want reputation that<00:13:24.420> I<00:13:24.600> collect<00:13:24.899> in<00:13:25.079> these<00:13:25.260> skill<00:13:25.500> trees<00:13:25.860> and 00:13:26.090 --> 00:13:26.100 align:start position:0% that I collect in these skill trees and 00:13:26.100 --> 00:13:28.910 align:start position:0% that I collect in these skill trees and this<00:13:26.220> in<00:13:26.519> the<00:13:26.639> social<00:13:26.820> composable<00:13:27.480> system<00:13:28.200> to 00:13:28.910 --> 00:13:28.920 align:start position:0% this in the social composable system to 00:13:28.920 --> 00:13:31.009 align:start position:0% this in the social composable system to basically<00:13:29.279> track<00:13:29.760> me<00:13:30.000> and<00:13:30.360> I<00:13:30.540> can<00:13:30.660> never<00:13:30.779> do 00:13:31.009 --> 00:13:31.019 align:start position:0% basically track me and I can never do 00:13:31.019 --> 00:13:32.750 align:start position:0% basically track me and I can never do anything<00:13:31.200> about<00:13:31.500> it<00:13:31.740> again 00:13:32.750 --> 00:13:32.760 align:start position:0% anything about it again 00:13:32.760 --> 00:13:34.190 align:start position:0% anything about it again another<00:13:33.300> thing<00:13:33.540> that<00:13:33.660> we<00:13:33.720> have<00:13:33.839> to<00:13:33.959> talk<00:13:34.019> about 00:13:34.190 --> 00:13:34.200 align:start position:0% another thing that we have to talk about 00:13:34.200 --> 00:13:36.410 align:start position:0% another thing that we have to talk about is<00:13:34.380> civil<00:13:34.740> resistance<00:13:35.160> so<00:13:35.579> civil<00:13:36.000> resistance 00:13:36.410 --> 00:13:36.420 align:start position:0% is civil resistance so civil resistance 00:13:36.420 --> 00:13:38.329 align:start position:0% is civil resistance so civil resistance is<00:13:36.779> basically<00:13:37.139> the<00:13:37.440> act<00:13:37.560> of<00:13:37.740> being<00:13:37.920> resistant 00:13:38.329 --> 00:13:38.339 align:start position:0% is basically the act of being resistant 00:13:38.339 --> 00:13:40.730 align:start position:0% is basically the act of being resistant to<00:13:38.519> civil<00:13:38.940> attacks<00:13:39.420> which<00:13:39.959> is<00:13:40.079> when<00:13:40.380> people 00:13:40.730 --> 00:13:40.740 align:start position:0% to civil attacks which is when people 00:13:40.740 --> 00:13:43.730 align:start position:0% to civil attacks which is when people use<00:13:41.040> pseudonyms<00:13:41.700> to<00:13:41.880> subvert<00:13:42.420> a<00:13:42.720> system<00:13:42.899> and 00:13:43.730 --> 00:13:43.740 align:start position:0% use pseudonyms to subvert a system and 00:13:43.740 --> 00:13:45.170 align:start position:0% use pseudonyms to subvert a system and if<00:13:43.860> you've<00:13:44.160> ever<00:13:44.279> asked<00:13:44.579> your<00:13:44.700> cousin<00:13:45.000> to 00:13:45.170 --> 00:13:45.180 align:start position:0% if you've ever asked your cousin to 00:13:45.180 --> 00:13:46.670 align:start position:0% if you've ever asked your cousin to leave<00:13:45.360> you<00:13:45.540> a<00:13:45.660> five-star<00:13:45.959> review<00:13:46.200> on<00:13:46.500> your 00:13:46.670 --> 00:13:46.680 align:start position:0% leave you a five-star review on your 00:13:46.680 --> 00:13:48.470 align:start position:0% leave you a five-star review on your Google<00:13:46.800> Business<00:13:47.040> you've<00:13:47.940> in<00:13:48.120> some<00:13:48.300> way 00:13:48.470 --> 00:13:48.480 align:start position:0% Google Business you've in some way 00:13:48.480 --> 00:13:51.230 align:start position:0% Google Business you've in some way committed<00:13:49.079> an<00:13:49.260> act<00:13:49.500> of<00:13:49.680> civil<00:13:50.100> attack<00:13:50.279> or<00:13:50.880> if<00:13:51.060> I 00:13:51.230 --> 00:13:51.240 align:start position:0% committed an act of civil attack or if I 00:13:51.240 --> 00:13:52.670 align:start position:0% committed an act of civil attack or if I post<00:13:51.420> something<00:13:51.660> on<00:13:52.019> Twitter<00:13:52.139> and<00:13:52.380> then<00:13:52.560> I 00:13:52.670 --> 00:13:52.680 align:start position:0% post something on Twitter and then I 00:13:52.680 --> 00:13:54.530 align:start position:0% post something on Twitter and then I quickly<00:13:52.920> change<00:13:53.100> account<00:13:53.399> and<00:13:53.820> upvote<00:13:54.240> my<00:13:54.420> own 00:13:54.530 --> 00:13:54.540 align:start position:0% quickly change account and upvote my own 00:13:54.540 --> 00:13:56.750 align:start position:0% quickly change account and upvote my own thing<00:13:54.720> and<00:13:54.899> I<00:13:55.139> support<00:13:55.380> myself<00:13:55.680> then<00:13:56.399> you<00:13:56.639> are 00:13:56.750 --> 00:13:56.760 align:start position:0% thing and I support myself then you are 00:13:56.760 --> 00:13:59.389 align:start position:0% thing and I support myself then you are committing<00:13:57.180> a<00:13:57.360> civil<00:13:57.660> attack<00:13:57.839> so<00:13:58.800> what<00:13:59.160> do<00:13:59.279> we 00:13:59.389 --> 00:13:59.399 align:start position:0% committing a civil attack so what do we 00:13:59.399 --> 00:14:01.610 align:start position:0% committing a civil attack so what do we do<00:13:59.519> about<00:13:59.639> that<00:13:59.940> right<00:14:00.360> we<00:14:01.139> can<00:14:01.320> do<00:14:01.440> things 00:14:01.610 --> 00:14:01.620 align:start position:0% do about that right we can do things 00:14:01.620 --> 00:14:03.170 align:start position:0% do about that right we can do things like<00:14:01.740> reverse<00:14:02.160> Turing<00:14:02.519> tests<00:14:02.820> which<00:14:03.060> is 00:14:03.170 --> 00:14:03.180 align:start position:0% like reverse Turing tests which is 00:14:03.180 --> 00:14:05.389 align:start position:0% like reverse Turing tests which is humans<00:14:03.720> having<00:14:04.200> to<00:14:04.440> prove<00:14:04.800> that<00:14:05.100> they<00:14:05.279> are 00:14:05.389 --> 00:14:05.399 align:start position:0% humans having to prove that they are 00:14:05.399 --> 00:14:08.210 align:start position:0% humans having to prove that they are humans<00:14:05.760> but<00:14:06.360> we<00:14:06.660> are<00:14:06.839> some<00:14:07.079> kind<00:14:07.320> of<00:14:07.500> test<00:14:07.920> you 00:14:08.210 --> 00:14:08.220 align:start position:0% humans but we are some kind of test you 00:14:08.220 --> 00:14:10.490 align:start position:0% humans but we are some kind of test you know<00:14:08.339> the<00:14:08.579> picking<00:14:09.060> little<00:14:09.300> uh<00:14:09.660> Street<00:14:10.079> lamps 00:14:10.490 --> 00:14:10.500 align:start position:0% know the picking little uh Street lamps 00:14:10.500 --> 00:14:12.170 align:start position:0% know the picking little uh Street lamps or<00:14:10.560> whatever<00:14:10.740> but<00:14:11.399> then<00:14:11.519> there's<00:14:11.700> also<00:14:12.000> things 00:14:12.170 --> 00:14:12.180 align:start position:0% or whatever but then there's also things 00:14:12.180 --> 00:14:14.990 align:start position:0% or whatever but then there's also things like<00:14:12.420> dids<00:14:13.260> so<00:14:13.800> there's<00:14:13.980> loads<00:14:14.339> of<00:14:14.459> projects 00:14:14.990 --> 00:14:15.000 align:start position:0% like dids so there's loads of projects 00:14:15.000 --> 00:14:16.389 align:start position:0% like dids so there's loads of projects starting<00:14:15.300> up<00:14:15.600> now<00:14:15.839> talking<00:14:16.079> about 00:14:16.389 --> 00:14:16.399 align:start position:0% starting up now talking about 00:14:16.399 --> 00:14:18.710 align:start position:0% starting up now talking about decentralized<00:14:17.399> identities 00:14:18.710 --> 00:14:18.720 align:start position:0% decentralized identities 00:14:18.720 --> 00:14:21.290 align:start position:0% decentralized identities uh<00:14:19.380> this<00:14:19.740> is<00:14:19.860> basically<00:14:20.100> conducting<00:14:20.579> a<00:14:20.760> kyc 00:14:21.290 --> 00:14:21.300 align:start position:0% uh this is basically conducting a kyc 00:14:21.300 --> 00:14:22.550 align:start position:0% uh this is basically conducting a kyc and<00:14:21.480> it's<00:14:21.660> often<00:14:21.899> like<00:14:22.019> holding<00:14:22.320> up<00:14:22.380> a 00:14:22.550 --> 00:14:22.560 align:start position:0% and it's often like holding up a 00:14:22.560 --> 00:14:24.290 align:start position:0% and it's often like holding up a passport<00:14:22.860> on<00:14:23.160> a<00:14:23.279> camera<00:14:23.399> but<00:14:23.880> there's<00:14:24.060> also 00:14:24.290 --> 00:14:24.300 align:start position:0% passport on a camera but there's also 00:14:24.300 --> 00:14:26.389 align:start position:0% passport on a camera but there's also privacy<00:14:24.779> preserving<00:14:25.440> dids<00:14:26.100> which<00:14:26.279> is 00:14:26.389 --> 00:14:26.399 align:start position:0% privacy preserving dids which is 00:14:26.399 --> 00:14:28.370 align:start position:0% privacy preserving dids which is basically<00:14:26.700> it<00:14:27.000> can<00:14:27.180> scan<00:14:27.540> your<00:14:27.720> face<00:14:27.959> and<00:14:28.200> say 00:14:28.370 --> 00:14:28.380 align:start position:0% basically it can scan your face and say 00:14:28.380 --> 00:14:30.889 align:start position:0% basically it can scan your face and say you<00:14:28.740> are<00:14:28.860> a<00:14:29.100> unique<00:14:29.399> human<00:14:29.880> being<00:14:30.240> but<00:14:30.720> we 00:14:30.889 --> 00:14:30.899 align:start position:0% you are a unique human being but we 00:14:30.899 --> 00:14:32.449 align:start position:0% you are a unique human being but we don't<00:14:31.019> want<00:14:31.139> to<00:14:31.260> know<00:14:31.440> your<00:14:31.680> name<00:14:31.800> or<00:14:32.040> Identity 00:14:32.449 --> 00:14:32.459 align:start position:0% don't want to know your name or Identity 00:14:32.459 --> 00:14:34.370 align:start position:0% don't want to know your name or Identity or<00:14:32.700> anything<00:14:32.880> else<00:14:33.180> so<00:14:33.660> this<00:14:33.839> is<00:14:33.959> also<00:14:34.200> really 00:14:34.370 --> 00:14:34.380 align:start position:0% or anything else so this is also really 00:14:34.380 --> 00:14:37.129 align:start position:0% or anything else so this is also really interesting<00:14:34.800> and<00:14:35.760> finally<00:14:36.180> passports<00:14:36.959> so 00:14:37.129 --> 00:14:37.139 align:start position:0% interesting and finally passports so 00:14:37.139 --> 00:14:38.449 align:start position:0% interesting and finally passports so you've<00:14:37.380> probably<00:14:37.500> heard<00:14:37.680> of<00:14:37.860> the<00:14:37.980> git<00:14:38.160> coin 00:14:38.449 --> 00:14:38.459 align:start position:0% you've probably heard of the git coin 00:14:38.459 --> 00:14:41.389 align:start position:0% you've probably heard of the git coin passport<00:14:38.820> and<00:14:39.120> I<00:14:39.300> think<00:14:39.480> disco<00:14:40.079> XYZ<00:14:40.860> is<00:14:41.160> also 00:14:41.389 --> 00:14:41.399 align:start position:0% passport and I think disco XYZ is also 00:14:41.399 --> 00:14:43.189 align:start position:0% passport and I think disco XYZ is also considered<00:14:41.820> that<00:14:42.000> what<00:14:42.420> they<00:14:42.540> do<00:14:42.720> is<00:14:42.899> they 00:14:43.189 --> 00:14:43.199 align:start position:0% considered that what they do is they 00:14:43.199 --> 00:14:45.889 align:start position:0% considered that what they do is they basically<00:14:43.620> put<00:14:43.980> verified<00:14:44.519> credentials<00:14:45.360> and 00:14:45.889 --> 00:14:45.899 align:start position:0% basically put verified credentials and 00:14:45.899 --> 00:14:48.350 align:start position:0% basically put verified credentials and dids<00:14:46.560> into<00:14:46.740> one<00:14:47.160> cool<00:14:47.339> little<00:14:47.519> identity<00:14:48.060> so 00:14:48.350 --> 00:14:48.360 align:start position:0% dids into one cool little identity so 00:14:48.360 --> 00:14:49.970 align:start position:0% dids into one cool little identity so when<00:14:48.600> you<00:14:48.720> connect<00:14:48.839> to<00:14:49.139> a<00:14:49.260> platform<00:14:49.560> you<00:14:49.860> can 00:14:49.970 --> 00:14:49.980 align:start position:0% when you connect to a platform you can 00:14:49.980 --> 00:14:52.069 align:start position:0% when you connect to a platform you can say<00:14:50.160> I<00:14:50.639> just<00:14:50.760> want<00:14:50.880> to<00:14:51.000> share<00:14:51.240> this<00:14:51.480> part<00:14:51.660> of<00:14:51.839> my 00:14:52.069 --> 00:14:52.079 align:start position:0% say I just want to share this part of my 00:14:52.079 --> 00:14:53.870 align:start position:0% say I just want to share this part of my passport<00:14:52.380> to<00:14:52.740> get<00:14:52.920> access<00:14:53.100> to<00:14:53.399> the<00:14:53.579> platform 00:14:53.870 --> 00:14:53.880 align:start position:0% passport to get access to the platform 00:14:53.880 --> 00:14:56.569 align:start position:0% passport to get access to the platform and<00:14:54.480> it<00:14:54.839> basically<00:14:55.440> confirms<00:14:55.980> that<00:14:56.220> I'm<00:14:56.399> a 00:14:56.569 --> 00:14:56.579 align:start position:0% and it basically confirms that I'm a 00:14:56.579 --> 00:14:58.009 align:start position:0% and it basically confirms that I'm a human<00:14:56.760> being<00:14:56.940> and<00:14:57.120> I<00:14:57.300> have<00:14:57.360> the<00:14:57.540> credentials 00:14:58.009 --> 00:14:58.019 align:start position:0% human being and I have the credentials 00:14:58.019 --> 00:14:59.810 align:start position:0% human being and I have the credentials that<00:14:58.139> I<00:14:58.320> need<00:14:58.440> to<00:14:58.800> access<00:14:58.920> I<00:14:59.339> think<00:14:59.519> these<00:14:59.699> are 00:14:59.810 --> 00:14:59.820 align:start position:0% that I need to access I think these are 00:14:59.820 --> 00:15:02.689 align:start position:0% that I need to access I think these are going<00:14:59.940> to<00:15:00.060> become<00:15:00.360> very<00:15:00.600> very<00:15:00.839> common 00:15:02.689 --> 00:15:02.699 align:start position:0% going to become very very common 00:15:02.699 --> 00:15:04.790 align:start position:0% going to become very very common but<00:15:03.360> verify<00:15:03.779> credentials<00:15:04.260> are<00:15:04.380> only<00:15:04.500> as<00:15:04.680> good 00:15:04.790 --> 00:15:04.800 align:start position:0% but verify credentials are only as good 00:15:04.800 --> 00:15:06.650 align:start position:0% but verify credentials are only as good as<00:15:04.920> a<00:15:05.040> system<00:15:05.220> that<00:15:05.459> issues<00:15:05.880> them<00:15:06.060> so<00:15:06.480> it 00:15:06.650 --> 00:15:06.660 align:start position:0% as a system that issues them so it 00:15:06.660 --> 00:15:08.750 align:start position:0% as a system that issues them so it doesn't<00:15:06.779> matter<00:15:07.019> if<00:15:07.440> I<00:15:07.680> make<00:15:07.860> a<00:15:08.100> decentralized 00:15:08.750 --> 00:15:08.760 align:start position:0% doesn't matter if I make a decentralized 00:15:08.760 --> 00:15:10.610 align:start position:0% doesn't matter if I make a decentralized application<00:15:09.120> and<00:15:09.420> issue<00:15:09.779> myself<00:15:09.959> a<00:15:10.320> badge 00:15:10.610 --> 00:15:10.620 align:start position:0% application and issue myself a badge 00:15:10.620 --> 00:15:11.990 align:start position:0% application and issue myself a badge that<00:15:10.800> says<00:15:11.040> best<00:15:11.160> designer<00:15:11.639> in<00:15:11.760> the<00:15:11.880> world 00:15:11.990 --> 00:15:12.000 align:start position:0% that says best designer in the world 00:15:12.000 --> 00:15:14.750 align:start position:0% that says best designer in the world like<00:15:12.839> it's<00:15:13.320> irrelevant<00:15:13.740> because<00:15:14.100> it<00:15:14.399> has<00:15:14.579> no 00:15:14.750 --> 00:15:14.760 align:start position:0% like it's irrelevant because it has no 00:15:14.760 --> 00:15:16.610 align:start position:0% like it's irrelevant because it has no value<00:15:15.000> it<00:15:15.360> has<00:15:15.480> no<00:15:15.660> reputation<00:15:16.139> the<00:15:16.440> system 00:15:16.610 --> 00:15:16.620 align:start position:0% value it has no reputation the system 00:15:16.620 --> 00:15:19.129 align:start position:0% value it has no reputation the system that<00:15:16.920> issued<00:15:17.279> it<00:15:17.399> so<00:15:18.060> you<00:15:18.540> actually<00:15:18.660> need<00:15:18.959> to 00:15:19.129 --> 00:15:19.139 align:start position:0% that issued it so you actually need to 00:15:19.139 --> 00:15:22.009 align:start position:0% that issued it so you actually need to think<00:15:19.380> about<00:15:19.579> who<00:15:20.579> is<00:15:20.880> issuing<00:15:21.540> these<00:15:21.899> things 00:15:22.009 --> 00:15:22.019 align:start position:0% think about who is issuing these things 00:15:22.019 --> 00:15:24.110 align:start position:0% think about who is issuing these things you<00:15:22.740> need<00:15:22.860> to<00:15:22.980> actually<00:15:23.160> have<00:15:23.399> a<00:15:23.699> reputable 00:15:24.110 --> 00:15:24.120 align:start position:0% you need to actually have a reputable 00:15:24.120 --> 00:15:27.710 align:start position:0% you need to actually have a reputable issuer<00:15:24.720> issuing<00:15:25.680> reputable<00:15:26.220> credentials<00:15:27.000> so 00:15:27.710 --> 00:15:27.720 align:start position:0% issuer issuing reputable credentials so 00:15:27.720 --> 00:15:29.569 align:start position:0% issuer issuing reputable credentials so that<00:15:27.899> the<00:15:28.019> user<00:15:28.380> can<00:15:28.500> themselves<00:15:29.100> become 00:15:29.569 --> 00:15:29.579 align:start position:0% that the user can themselves become 00:15:29.579 --> 00:15:31.550 align:start position:0% that the user can themselves become reputable<00:15:30.060> so<00:15:30.300> it's<00:15:30.420> really<00:15:30.600> reputation<00:15:31.260> all 00:15:31.550 --> 00:15:31.560 align:start position:0% reputable so it's really reputation all 00:15:31.560 --> 00:15:33.530 align:start position:0% reputable so it's really reputation all the<00:15:31.680> way<00:15:31.740> down<00:15:32.040> so<00:15:32.639> you're<00:15:32.880> going<00:15:33.060> to<00:15:33.240> see<00:15:33.360> a 00:15:33.530 --> 00:15:33.540 align:start position:0% the way down so you're going to see a 00:15:33.540 --> 00:15:34.850 align:start position:0% the way down so you're going to see a lot<00:15:33.600> of<00:15:33.720> projects<00:15:34.079> in<00:15:34.260> the<00:15:34.380> next<00:15:34.500> few<00:15:34.680> years 00:15:34.850 --> 00:15:34.860 align:start position:0% lot of projects in the next few years 00:15:34.860 --> 00:15:36.949 align:start position:0% lot of projects in the next few years issuing<00:15:35.699> all<00:15:35.880> of<00:15:36.000> these<00:15:36.180> Badges<00:15:36.600> and<00:15:36.779> all<00:15:36.899> of 00:15:36.949 --> 00:15:36.959 align:start position:0% issuing all of these Badges and all of 00:15:36.959 --> 00:15:38.629 align:start position:0% issuing all of these Badges and all of these<00:15:37.079> verified<00:15:37.440> credentials<00:15:38.100> but<00:15:38.459> you 00:15:38.629 --> 00:15:38.639 align:start position:0% these verified credentials but you 00:15:38.639 --> 00:15:39.949 align:start position:0% these verified credentials but you always<00:15:38.760> have<00:15:39.000> to<00:15:39.120> think<00:15:39.300> in<00:15:39.540> the<00:15:39.660> back<00:15:39.720> of<00:15:39.899> your 00:15:39.949 --> 00:15:39.959 align:start position:0% always have to think in the back of your 00:15:39.959 --> 00:15:42.290 align:start position:0% always have to think in the back of your mind<00:15:40.139> who<00:15:40.560> are<00:15:40.740> they<00:15:40.920> to<00:15:41.459> be<00:15:41.579> issuing<00:15:42.000> these 00:15:42.290 --> 00:15:42.300 align:start position:0% mind who are they to be issuing these 00:15:42.300 --> 00:15:45.470 align:start position:0% mind who are they to be issuing these things<00:15:42.620> do<00:15:43.620> they<00:15:43.800> have<00:15:43.980> robust<00:15:44.459> mechanisms<00:15:45.180> in 00:15:45.470 --> 00:15:45.480 align:start position:0% things do they have robust mechanisms in 00:15:45.480 --> 00:15:47.689 align:start position:0% things do they have robust mechanisms in place<00:15:45.660> and<00:15:46.199> do<00:15:46.320> they<00:15:46.500> have<00:15:46.620> a<00:15:46.800> nuanced<00:15:47.220> view<00:15:47.459> of 00:15:47.689 --> 00:15:47.699 align:start position:0% place and do they have a nuanced view of 00:15:47.699 --> 00:15:50.030 align:start position:0% place and do they have a nuanced view of the<00:15:47.880> world<00:15:48.060> so<00:15:48.540> that<00:15:48.720> these<00:15:49.019> issues<00:15:49.320> are<00:15:49.620> these 00:15:50.030 --> 00:15:50.040 align:start position:0% the world so that these issues are these 00:15:50.040 --> 00:15:52.730 align:start position:0% the world so that these issues are these credentials<00:15:50.639> actually<00:15:51.300> are<00:15:51.839> fair<00:15:52.199> and<00:15:52.560> good 00:15:52.730 --> 00:15:52.740 align:start position:0% credentials actually are fair and good 00:15:52.740 --> 00:15:55.189 align:start position:0% credentials actually are fair and good for<00:15:53.040> society<00:15:53.459> and<00:15:53.820> not<00:15:54.060> just<00:15:54.300> you<00:15:54.779> know<00:15:54.899> the 00:15:55.189 --> 00:15:55.199 align:start position:0% for society and not just you know the 00:15:55.199 --> 00:15:57.350 align:start position:0% for society and not just you know the next<00:15:55.380> thing<00:15:55.860> so<00:15:56.579> how<00:15:56.760> does<00:15:56.880> all<00:15:57.060> of<00:15:57.180> this 00:15:57.350 --> 00:15:57.360 align:start position:0% next thing so how does all of this 00:15:57.360 --> 00:15:59.509 align:start position:0% next thing so how does all of this change<00:15:57.540> anything 00:15:59.509 --> 00:15:59.519 align:start position:0% change anything 00:15:59.519 --> 00:16:01.189 align:start position:0% change anything at<00:16:00.000> Common<00:16:00.180> Ground<00:16:00.480> we<00:16:00.839> are<00:16:01.019> building 00:16:01.189 --> 00:16:01.199 align:start position:0% at Common Ground we are building 00:16:01.199 --> 00:16:02.810 align:start position:0% at Common Ground we are building basically<00:16:01.800> something<00:16:02.220> which<00:16:02.699> is 00:16:02.810 --> 00:16:02.820 align:start position:0% basically something which is 00:16:02.820 --> 00:16:05.629 align:start position:0% basically something which is decentralized<00:16:03.600> collaboration<00:16:04.160> coupled<00:16:05.160> with 00:16:05.629 --> 00:16:05.639 align:start position:0% decentralized collaboration coupled with 00:16:05.639 --> 00:16:07.850 align:start position:0% decentralized collaboration coupled with verifiable<00:16:06.240> credentials<00:16:07.139> so<00:16:07.260> we<00:16:07.500> want<00:16:07.620> to<00:16:07.740> be 00:16:07.850 --> 00:16:07.860 align:start position:0% verifiable credentials so we want to be 00:16:07.860 --> 00:16:09.290 align:start position:0% verifiable credentials so we want to be the<00:16:08.100> intersection<00:16:08.459> of<00:16:08.760> this<00:16:08.880> we're<00:16:09.120> building 00:16:09.290 --> 00:16:09.300 align:start position:0% the intersection of this we're building 00:16:09.300 --> 00:16:11.449 align:start position:0% the intersection of this we're building like<00:16:09.540> this<00:16:09.779> communication<00:16:10.320> platform<00:16:10.920> and<00:16:11.339> as 00:16:11.449 --> 00:16:11.459 align:start position:0% like this communication platform and as 00:16:11.459 --> 00:16:12.310 align:start position:0% like this communication platform and as I<00:16:11.579> mentioned<00:16:11.760> at<00:16:11.880> the<00:16:12.060> beginning 00:16:12.310 --> 00:16:12.320 align:start position:0% I mentioned at the beginning 00:16:12.320 --> 00:16:15.590 align:start position:0% I mentioned at the beginning interactions<00:16:13.320> are<00:16:13.560> where<00:16:13.860> things<00:16:14.160> happen 00:16:15.590 --> 00:16:15.600 align:start position:0% interactions are where things happen 00:16:15.600 --> 00:16:17.689 align:start position:0% interactions are where things happen so<00:16:16.079> what<00:16:16.440> happens<00:16:16.620> when<00:16:16.980> you<00:16:17.100> start<00:16:17.279> using 00:16:17.689 --> 00:16:17.699 align:start position:0% so what happens when you start using 00:16:17.699 --> 00:16:20.030 align:start position:0% so what happens when you start using these<00:16:18.000> verifiable<00:16:18.540> credentials<00:16:19.260> and<00:16:19.800> start 00:16:20.030 --> 00:16:20.040 align:start position:0% these verifiable credentials and start 00:16:20.040 --> 00:16:22.730 align:start position:0% these verifiable credentials and start planning<00:16:20.519> online<00:16:20.820> spaces<00:16:21.540> with<00:16:21.839> them<00:16:22.019> this<00:16:22.620> is 00:16:22.730 --> 00:16:22.740 align:start position:0% planning online spaces with them this is 00:16:22.740 --> 00:16:24.350 align:start position:0% planning online spaces with them this is where<00:16:22.860> I<00:16:23.040> think<00:16:23.160> it<00:16:23.579> gets<00:16:23.760> very<00:16:23.940> interesting 00:16:24.350 --> 00:16:24.360 align:start position:0% where I think it gets very interesting 00:16:24.360 --> 00:16:26.750 align:start position:0% where I think it gets very interesting because<00:16:24.720> probably<00:16:25.500> most<00:16:25.800> of<00:16:25.980> you<00:16:26.100> use<00:16:26.339> Discord 00:16:26.750 --> 00:16:26.760 align:start position:0% because probably most of you use Discord 00:16:26.760 --> 00:16:29.329 align:start position:0% because probably most of you use Discord so<00:16:27.420> Discord<00:16:27.839> is<00:16:28.079> a<00:16:28.260> cognitive<00:16:28.680> overload 00:16:29.329 --> 00:16:29.339 align:start position:0% so Discord is a cognitive overload 00:16:29.339 --> 00:16:31.370 align:start position:0% so Discord is a cognitive overload catastrophe<00:16:30.060> you<00:16:30.480> join<00:16:30.720> three<00:16:30.959> communities 00:16:31.370 --> 00:16:31.380 align:start position:0% catastrophe you join three communities 00:16:31.380 --> 00:16:33.410 align:start position:0% catastrophe you join three communities and<00:16:31.620> suddenly<00:16:31.920> you're<00:16:32.100> spammed<00:16:32.459> with<00:16:32.579> 7<00:16:33.360> 000 00:16:33.410 --> 00:16:33.420 align:start position:0% and suddenly you're spammed with 7 000 00:16:33.420 --> 00:16:35.269 align:start position:0% and suddenly you're spammed with 7 000 notifications<00:16:34.079> and<00:16:34.440> then<00:16:34.560> you're<00:16:34.740> like<00:16:34.860> I'm 00:16:35.269 --> 00:16:35.279 align:start position:0% notifications and then you're like I'm 00:16:35.279 --> 00:16:36.710 align:start position:0% notifications and then you're like I'm going<00:16:35.459> to<00:16:35.519> mute<00:16:35.639> all<00:16:35.880> of<00:16:36.000> them<00:16:36.120> and<00:16:36.420> that's<00:16:36.540> it 00:16:36.710 --> 00:16:36.720 align:start position:0% going to mute all of them and that's it 00:16:36.720 --> 00:16:38.749 align:start position:0% going to mute all of them and that's it right<00:16:36.959> it's<00:16:37.079> it's<00:16:37.320> kind<00:16:37.560> of<00:16:37.620> pointless<00:16:38.100> so 00:16:38.749 --> 00:16:38.759 align:start position:0% right it's it's kind of pointless so 00:16:38.759 --> 00:16:40.790 align:start position:0% right it's it's kind of pointless so what<00:16:39.120> happens<00:16:39.360> if<00:16:40.079> you<00:16:40.259> actually<00:16:40.440> start 00:16:40.790 --> 00:16:40.800 align:start position:0% what happens if you actually start 00:16:40.800 --> 00:16:43.490 align:start position:0% what happens if you actually start building<00:16:41.459> areas<00:16:42.420> which<00:16:42.720> are<00:16:42.839> more<00:16:43.079> Dynamic 00:16:43.490 --> 00:16:43.500 align:start position:0% building areas which are more Dynamic 00:16:43.500 --> 00:16:45.769 align:start position:0% building areas which are more Dynamic using<00:16:44.100> verifiable<00:16:44.639> credentials<00:16:45.360> so<00:16:45.660> let's 00:16:45.769 --> 00:16:45.779 align:start position:0% using verifiable credentials so let's 00:16:45.779 --> 00:16:48.050 align:start position:0% using verifiable credentials so let's say<00:16:46.019> that<00:16:46.199> you<00:16:46.380> have<00:16:46.500> an<00:16:46.680> online<00:16:46.800> space<00:16:47.279> where 00:16:48.050 --> 00:16:48.060 align:start position:0% say that you have an online space where 00:16:48.060 --> 00:16:50.569 align:start position:0% say that you have an online space where you<00:16:48.300> have<00:16:48.540> access<00:16:48.779> to<00:16:49.199> the<00:16:49.560> areas<00:16:49.920> that<00:16:50.399> are 00:16:50.569 --> 00:16:50.579 align:start position:0% you have access to the areas that are 00:16:50.579 --> 00:16:52.430 align:start position:0% you have access to the areas that are destined<00:16:51.120> for<00:16:51.360> you<00:16:51.540> based<00:16:52.199> on<00:16:52.320> the 00:16:52.430 --> 00:16:52.440 align:start position:0% destined for you based on the 00:16:52.440 --> 00:16:54.470 align:start position:0% destined for you based on the credentials<00:16:52.920> that<00:16:53.100> you<00:16:53.279> have<00:16:53.459> so<00:16:54.300> imagine 00:16:54.470 --> 00:16:54.480 align:start position:0% credentials that you have so imagine 00:16:54.480 --> 00:16:57.230 align:start position:0% credentials that you have so imagine you're<00:16:54.839> a<00:16:55.019> Dao<00:16:55.380> and<00:16:56.160> you<00:16:56.459> can<00:16:56.579> basically<00:16:56.880> make 00:16:57.230 --> 00:16:57.240 align:start position:0% you're a Dao and you can basically make 00:16:57.240 --> 00:16:59.449 align:start position:0% you're a Dao and you can basically make a<00:16:57.600> space<00:16:57.779> for<00:16:58.139> each<00:16:58.320> of<00:16:58.440> your<00:16:58.680> working<00:16:58.860> groups 00:16:59.449 --> 00:16:59.459 align:start position:0% a space for each of your working groups 00:16:59.459 --> 00:17:01.790 align:start position:0% a space for each of your working groups that<00:17:00.000> people<00:17:00.180> can<00:17:00.420> only<00:17:00.600> get<00:17:00.899> into<00:17:01.199> if<00:17:01.620> they 00:17:01.790 --> 00:17:01.800 align:start position:0% that people can only get into if they 00:17:01.800 --> 00:17:03.530 align:start position:0% that people can only get into if they have<00:17:01.920> the<00:17:02.160> right<00:17:02.279> verifiable<00:17:02.880> credentials 00:17:03.530 --> 00:17:03.540 align:start position:0% have the right verifiable credentials 00:17:03.540 --> 00:17:05.750 align:start position:0% have the right verifiable credentials and<00:17:03.899> this<00:17:04.020> can<00:17:04.140> be<00:17:04.260> an<00:17:04.500> automatic<00:17:05.040> process<00:17:05.400> so 00:17:05.750 --> 00:17:05.760 align:start position:0% and this can be an automatic process so 00:17:05.760 --> 00:17:07.610 align:start position:0% and this can be an automatic process so if<00:17:06.000> I<00:17:06.179> build<00:17:06.299> up<00:17:06.480> my<00:17:06.660> reputation<00:17:07.079> because<00:17:07.319> I 00:17:07.610 --> 00:17:07.620 align:start position:0% if I build up my reputation because I 00:17:07.620 --> 00:17:09.829 align:start position:0% if I build up my reputation because I provide<00:17:07.860> my<00:17:08.160> services<00:17:08.280> as<00:17:08.699> a<00:17:08.939> designer<00:17:09.360> and 00:17:09.829 --> 00:17:09.839 align:start position:0% provide my services as a designer and 00:17:09.839 --> 00:17:11.990 align:start position:0% provide my services as a designer and then<00:17:09.959> one<00:17:10.140> day<00:17:10.260> I'm<00:17:10.439> designer<00:17:10.860> level<00:17:10.980> three<00:17:11.280> I 00:17:11.990 --> 00:17:12.000 align:start position:0% then one day I'm designer level three I 00:17:12.000 --> 00:17:14.030 align:start position:0% then one day I'm designer level three I automatically<00:17:12.540> unlock<00:17:12.900> access<00:17:13.380> to<00:17:13.799> the<00:17:13.919> right 00:17:14.030 --> 00:17:14.040 align:start position:0% automatically unlock access to the right 00:17:14.040 --> 00:17:16.490 align:start position:0% automatically unlock access to the right space<00:17:14.400> and<00:17:15.240> everything<00:17:15.540> else<00:17:16.020> that<00:17:16.260> I<00:17:16.380> don't 00:17:16.490 --> 00:17:16.500 align:start position:0% space and everything else that I don't 00:17:16.500 --> 00:17:18.829 align:start position:0% space and everything else that I don't have<00:17:16.620> access<00:17:16.860> to<00:17:17.160> is<00:17:17.819> fuzzy<00:17:18.360> and<00:17:18.540> in<00:17:18.660> the 00:17:18.829 --> 00:17:18.839 align:start position:0% have access to is fuzzy and in the 00:17:18.839 --> 00:17:20.809 align:start position:0% have access to is fuzzy and in the background<00:17:19.079> it<00:17:19.679> doesn't<00:17:19.919> cognitively 00:17:20.809 --> 00:17:20.819 align:start position:0% background it doesn't cognitively 00:17:20.819 --> 00:17:22.970 align:start position:0% background it doesn't cognitively overload<00:17:21.480> me<00:17:21.660> I<00:17:22.079> think<00:17:22.140> this<00:17:22.380> is<00:17:22.500> the<00:17:22.620> way<00:17:22.740> that 00:17:22.970 --> 00:17:22.980 align:start position:0% overload me I think this is the way that 00:17:22.980 --> 00:17:24.350 align:start position:0% overload me I think this is the way that the<00:17:23.100> internet<00:17:23.220> is<00:17:23.520> going<00:17:23.699> to<00:17:23.760> be<00:17:23.880> shaped<00:17:24.240> in 00:17:24.350 --> 00:17:24.360 align:start position:0% the internet is going to be shaped in 00:17:24.360 --> 00:17:26.150 align:start position:0% the internet is going to be shaped in the<00:17:24.480> future<00:17:24.600> which<00:17:25.199> I<00:17:25.439> think<00:17:25.559> will<00:17:25.860> make 00:17:26.150 --> 00:17:26.160 align:start position:0% the future which I think will make 00:17:26.160 --> 00:17:28.789 align:start position:0% the future which I think will make everything<00:17:26.400> a<00:17:26.819> little<00:17:26.939> bit<00:17:27.120> more<00:17:27.360> focusing 00:17:28.789 --> 00:17:28.799 align:start position:0% everything a little bit more focusing 00:17:28.799 --> 00:17:31.310 align:start position:0% everything a little bit more focusing what<00:17:29.220> it<00:17:29.460> also<00:17:29.700> allows<00:17:30.120> is<00:17:30.419> more<00:17:30.660> trustworthy 00:17:31.310 --> 00:17:31.320 align:start position:0% what it also allows is more trustworthy 00:17:31.320 --> 00:17:34.610 align:start position:0% what it also allows is more trustworthy interactions<00:17:32.100> so<00:17:32.760> with<00:17:33.120> this<00:17:33.299> did<00:17:33.620> credential 00:17:34.610 --> 00:17:34.620 align:start position:0% interactions so with this did credential 00:17:34.620 --> 00:17:37.010 align:start position:0% interactions so with this did credential for<00:17:35.039> example<00:17:35.280> we<00:17:35.580> can<00:17:35.700> say<00:17:35.940> only<00:17:36.539> verified 00:17:37.010 --> 00:17:37.020 align:start position:0% for example we can say only verified 00:17:37.020 --> 00:17:39.770 align:start position:0% for example we can say only verified humans<00:17:37.559> can<00:17:37.919> talk<00:17:38.160> in<00:17:38.580> this<00:17:38.700> chat<00:17:38.940> for<00:17:39.480> example 00:17:39.770 --> 00:17:39.780 align:start position:0% humans can talk in this chat for example 00:17:39.780 --> 00:17:42.590 align:start position:0% humans can talk in this chat for example Twitter<00:17:40.559> could<00:17:41.039> tomorrow<00:17:41.280> Implement<00:17:41.820> dids 00:17:42.590 --> 00:17:42.600 align:start position:0% Twitter could tomorrow Implement dids 00:17:42.600 --> 00:17:46.250 align:start position:0% Twitter could tomorrow Implement dids and<00:17:43.200> the<00:17:43.500> bot<00:17:43.679> problem<00:17:44.039> would<00:17:44.580> to<00:17:44.820> 99<00:17:45.260> be 00:17:46.250 --> 00:17:46.260 align:start position:0% and the bot problem would to 99 be 00:17:46.260 --> 00:17:48.470 align:start position:0% and the bot problem would to 99 be solved<00:17:46.679> it's<00:17:47.280> just<00:17:47.460> they're<00:17:47.640> not<00:17:47.820> web<00:17:48.000> 3<00:17:48.240> they 00:17:48.470 --> 00:17:48.480 align:start position:0% solved it's just they're not web 3 they 00:17:48.480 --> 00:17:49.669 align:start position:0% solved it's just they're not web 3 they don't<00:17:48.600> care<00:17:48.780> right<00:17:49.020> they're<00:17:49.200> not<00:17:49.380> going<00:17:49.500> to<00:17:49.620> do 00:17:49.669 --> 00:17:49.679 align:start position:0% don't care right they're not going to do 00:17:49.679 --> 00:17:52.130 align:start position:0% don't care right they're not going to do it<00:17:49.799> but<00:17:50.340> they<00:17:50.580> could<00:17:50.760> the<00:17:51.299> technology<00:17:51.660> exists 00:17:52.130 --> 00:17:52.140 align:start position:0% it but they could the technology exists 00:17:52.140 --> 00:17:54.289 align:start position:0% it but they could the technology exists and<00:17:52.380> there<00:17:52.679> are<00:17:52.860> applications<00:17:53.760> right<00:17:54.120> now 00:17:54.289 --> 00:17:54.299 align:start position:0% and there are applications right now 00:17:54.299 --> 00:17:56.510 align:start position:0% and there are applications right now saying<00:17:55.020> only<00:17:55.140> verified<00:17:55.559> humans<00:17:55.980> can<00:17:56.160> use<00:17:56.340> the 00:17:56.510 --> 00:17:56.520 align:start position:0% saying only verified humans can use the 00:17:56.520 --> 00:17:59.270 align:start position:0% saying only verified humans can use the app<00:17:57.120> so<00:17:57.539> it<00:17:57.660> basically<00:17:57.960> means<00:17:58.260> you're<00:17:58.860> locked 00:17:59.270 --> 00:17:59.280 align:start position:0% app so it basically means you're locked 00:17:59.280 --> 00:18:01.130 align:start position:0% app so it basically means you're locked out<00:17:59.340> of<00:17:59.640> participation<00:18:00.120> until<00:18:00.480> you<00:18:00.780> verify 00:18:01.130 --> 00:18:01.140 align:start position:0% out of participation until you verify 00:18:01.140 --> 00:18:03.110 align:start position:0% out of participation until you verify your<00:18:01.380> humanity<00:18:01.919> and<00:18:02.280> you<00:18:02.400> can<00:18:02.460> do<00:18:02.640> this<00:18:02.760> in<00:18:02.940> a 00:18:03.110 --> 00:18:03.120 align:start position:0% your humanity and you can do this in a 00:18:03.120 --> 00:18:04.970 align:start position:0% your humanity and you can do this in a privacy<00:18:03.419> preserving<00:18:03.900> way 00:18:04.970 --> 00:18:04.980 align:start position:0% privacy preserving way 00:18:04.980 --> 00:18:07.370 align:start position:0% privacy preserving way what<00:18:05.460> it<00:18:05.580> also<00:18:05.880> allows<00:18:06.179> is<00:18:06.480> for<00:18:06.660> more<00:18:06.960> concrete 00:18:07.370 --> 00:18:07.380 align:start position:0% what it also allows is for more concrete 00:18:07.380 --> 00:18:09.590 align:start position:0% what it also allows is for more concrete information<00:18:07.760> maybe<00:18:08.760> you<00:18:09.120> shouldn't<00:18:09.419> have 00:18:09.590 --> 00:18:09.600 align:start position:0% information maybe you shouldn't have 00:18:09.600 --> 00:18:12.110 align:start position:0% information maybe you shouldn't have access<00:18:09.900> and<00:18:10.260> a<00:18:10.440> view<00:18:10.620> of<00:18:10.860> everything<00:18:11.160> and<00:18:11.940> here 00:18:12.110 --> 00:18:12.120 align:start position:0% access and a view of everything and here 00:18:12.120 --> 00:18:13.669 align:start position:0% access and a view of everything and here is<00:18:12.240> an<00:18:12.360> example<00:18:12.660> of<00:18:13.020> for<00:18:13.200> example<00:18:13.440> a 00:18:13.669 --> 00:18:13.679 align:start position:0% is an example of for example a 00:18:13.679 --> 00:18:16.250 align:start position:0% is an example of for example a governance<00:18:14.100> vote<00:18:14.520> that<00:18:15.120> is<00:18:15.299> restricted<00:18:15.840> so 00:18:16.250 --> 00:18:16.260 align:start position:0% governance vote that is restricted so 00:18:16.260 --> 00:18:18.169 align:start position:0% governance vote that is restricted so for<00:18:16.799> example<00:18:17.039> if<00:18:17.460> somebody<00:18:17.640> asks<00:18:18.059> should 00:18:18.169 --> 00:18:18.179 align:start position:0% for example if somebody asks should 00:18:18.179 --> 00:18:20.570 align:start position:0% for example if somebody asks should Defcon<00:18:18.600> give<00:18:18.840> more<00:18:19.020> swag<00:18:19.380> maybe<00:18:19.980> only<00:18:20.340> people 00:18:20.570 --> 00:18:20.580 align:start position:0% Defcon give more swag maybe only people 00:18:20.580 --> 00:18:23.150 align:start position:0% Defcon give more swag maybe only people who<00:18:20.940> have<00:18:21.059> attended<00:18:21.539> Defcon<00:18:22.140> and<00:18:22.740> have<00:18:22.980> the 00:18:23.150 --> 00:18:23.160 align:start position:0% who have attended Defcon and have the 00:18:23.160 --> 00:18:24.710 align:start position:0% who have attended Defcon and have the verifiable<00:18:23.640> credential<00:18:24.059> that<00:18:24.299> they<00:18:24.480> did 00:18:24.710 --> 00:18:24.720 align:start position:0% verifiable credential that they did 00:18:24.720 --> 00:18:26.990 align:start position:0% verifiable credential that they did attend<00:18:25.140> can<00:18:25.799> vote<00:18:26.039> in<00:18:26.460> this<00:18:26.640> thing<00:18:26.760> because 00:18:26.990 --> 00:18:27.000 align:start position:0% attend can vote in this thing because 00:18:27.000 --> 00:18:28.610 align:start position:0% attend can vote in this thing because they<00:18:27.240> are<00:18:27.360> the<00:18:27.480> only<00:18:27.600> ones<00:18:27.780> who<00:18:27.960> know<00:18:28.140> how<00:18:28.500> much 00:18:28.610 --> 00:18:28.620 align:start position:0% they are the only ones who know how much 00:18:28.620 --> 00:18:30.890 align:start position:0% they are the only ones who know how much swag<00:18:29.039> was<00:18:29.280> given<00:18:29.640> so<00:18:29.880> you<00:18:30.059> don't<00:18:30.240> suddenly 00:18:30.890 --> 00:18:30.900 align:start position:0% swag was given so you don't suddenly 00:18:30.900 --> 00:18:32.570 align:start position:0% swag was given so you don't suddenly allow<00:18:31.380> everybody<00:18:31.620> in<00:18:31.980> the<00:18:32.100> world<00:18:32.220> with<00:18:32.460> their 00:18:32.570 --> 00:18:32.580 align:start position:0% allow everybody in the world with their 00:18:32.580 --> 00:18:35.090 align:start position:0% allow everybody in the world with their token<00:18:32.880> to<00:18:33.059> participate<00:18:33.539> only<00:18:34.080> the<00:18:34.260> ones<00:18:34.559> who 00:18:35.090 --> 00:18:35.100 align:start position:0% token to participate only the ones who 00:18:35.100 --> 00:18:37.430 align:start position:0% token to participate only the ones who are<00:18:35.340> relevant<00:18:35.880> for<00:18:36.179> the<00:18:36.299> vote 00:18:37.430 --> 00:18:37.440 align:start position:0% are relevant for the vote 00:18:37.440 --> 00:18:39.590 align:start position:0% are relevant for the vote and<00:18:37.980> what<00:18:38.160> is<00:18:38.280> what<00:18:38.580> this<00:18:38.700> is<00:18:38.820> going<00:18:39.059> to<00:18:39.179> do<00:18:39.299> is 00:18:39.590 --> 00:18:39.600 align:start position:0% and what is what this is going to do is 00:18:39.600 --> 00:18:41.930 align:start position:0% and what is what this is going to do is also<00:18:39.840> streamline<00:18:40.380> entire<00:18:41.100> Industries<00:18:41.640> and 00:18:41.930 --> 00:18:41.940 align:start position:0% also streamline entire Industries and 00:18:41.940 --> 00:18:44.029 align:start position:0% also streamline entire Industries and this<00:18:42.059> is<00:18:42.179> a<00:18:42.299> big<00:18:42.419> statement<00:18:42.780> but<00:18:43.140> I<00:18:43.500> I<00:18:43.620> fully 00:18:44.029 --> 00:18:44.039 align:start position:0% this is a big statement but I I fully 00:18:44.039 --> 00:18:45.350 align:start position:0% this is a big statement but I I fully believe<00:18:44.160> it 00:18:45.350 --> 00:18:45.360 align:start position:0% believe it 00:18:45.360 --> 00:18:47.690 align:start position:0% believe it um<00:18:45.419> in<00:18:45.660> fact<00:18:45.840> you<00:18:46.740> could<00:18:46.799> imagine<00:18:47.039> that<00:18:47.580> if 00:18:47.690 --> 00:18:47.700 align:start position:0% um in fact you could imagine that if 00:18:47.700 --> 00:18:50.450 align:start position:0% um in fact you could imagine that if common<00:18:47.880> ground<00:18:48.240> which<00:18:48.840> is<00:18:49.020> my<00:18:49.260> Dao<00:18:49.679> would 00:18:50.450 --> 00:18:50.460 align:start position:0% common ground which is my Dao would 00:18:50.460 --> 00:18:52.850 align:start position:0% common ground which is my Dao would choose<00:18:51.120> to<00:18:51.299> hire<00:18:51.539> a<00:18:51.780> senior<00:18:52.080> designer<00:18:52.559> for 00:18:52.850 --> 00:18:52.860 align:start position:0% choose to hire a senior designer for 00:18:52.860 --> 00:18:55.010 align:start position:0% choose to hire a senior designer for example<00:18:53.100> I<00:18:53.640> could<00:18:53.820> set<00:18:54.179> the<00:18:54.539> verifiable 00:18:55.010 --> 00:18:55.020 align:start position:0% example I could set the verifiable 00:18:55.020 --> 00:18:56.810 align:start position:0% example I could set the verifiable credentials<00:18:55.620> that<00:18:55.860> we<00:18:56.039> required<00:18:56.640> the 00:18:56.810 --> 00:18:56.820 align:start position:0% credentials that we required the 00:18:56.820 --> 00:18:58.490 align:start position:0% credentials that we required the applicant<00:18:57.240> to<00:18:57.480> have<00:18:57.600> I<00:18:57.840> could<00:18:57.960> say<00:18:58.140> it<00:18:58.260> needs 00:18:58.490 --> 00:18:58.500 align:start position:0% applicant to have I could say it needs 00:18:58.500 --> 00:19:00.350 align:start position:0% applicant to have I could say it needs to be<00:18:58.620> a<00:18:58.679> designer<00:18:59.100> level<00:18:59.220> three<00:18:59.460> it<00:19:00.059> needs<00:19:00.240> to 00:19:00.350 --> 00:19:00.360 align:start position:0% to be a designer level three it needs to 00:19:00.360 --> 00:19:03.289 align:start position:0% to be a designer level three it needs to have<00:19:00.600> a<00:19:01.140> tested<00:19:01.740> Badge<00:19:02.700> of<00:19:02.820> being<00:19:03.000> a<00:19:03.240> good 00:19:03.289 --> 00:19:03.299 align:start position:0% have a tested Badge of being a good 00:19:03.299 --> 00:19:05.450 align:start position:0% have a tested Badge of being a good communicator<00:19:03.960> and<00:19:04.679> this<00:19:04.860> person<00:19:05.039> needs<00:19:05.400> to 00:19:05.450 --> 00:19:05.460 align:start position:0% communicator and this person needs to 00:19:05.460 --> 00:19:07.909 align:start position:0% communicator and this person needs to have<00:19:05.580> verified<00:19:06.000> their<00:19:06.600> Humanity<00:19:07.140> for<00:19:07.679> example 00:19:07.909 --> 00:19:07.919 align:start position:0% have verified their Humanity for example 00:19:07.919 --> 00:19:09.770 align:start position:0% have verified their Humanity for example on<00:19:08.580> the<00:19:08.700> flip<00:19:08.940> side 00:19:09.770 --> 00:19:09.780 align:start position:0% on the flip side 00:19:09.780 --> 00:19:13.250 align:start position:0% on the flip side if<00:19:10.440> I<00:19:10.679> Dominic<00:19:11.820> um<00:19:11.880> a<00:19:12.179> designer<00:19:12.600> looking<00:19:13.020> for 00:19:13.250 --> 00:19:13.260 align:start position:0% if I Dominic um a designer looking for 00:19:13.260 --> 00:19:14.090 align:start position:0% if I Dominic um a designer looking for work 00:19:14.090 --> 00:19:14.100 align:start position:0% work 00:19:14.100 --> 00:19:17.330 align:start position:0% work it<00:19:14.700> would<00:19:14.940> be<00:19:15.059> as<00:19:15.360> easy<00:19:15.660> as<00:19:16.260> enabling<00:19:16.799> a<00:19:17.039> toggle 00:19:17.330 --> 00:19:17.340 align:start position:0% it would be as easy as enabling a toggle 00:19:17.340 --> 00:19:19.490 align:start position:0% it would be as easy as enabling a toggle that<00:19:17.580> says<00:19:17.820> I'm<00:19:18.000> available<00:19:18.240> for<00:19:18.720> jobs<00:19:18.900> and 00:19:19.490 --> 00:19:19.500 align:start position:0% that says I'm available for jobs and 00:19:19.500 --> 00:19:21.529 align:start position:0% that says I'm available for jobs and then<00:19:19.620> another<00:19:19.799> toggle<00:19:20.280> Auto<00:19:20.760> submit<00:19:21.299> my 00:19:21.529 --> 00:19:21.539 align:start position:0% then another toggle Auto submit my 00:19:21.539 --> 00:19:23.990 align:start position:0% then another toggle Auto submit my verifiable<00:19:22.020> credentials<00:19:22.740> to<00:19:23.160> matching<00:19:23.580> dials 00:19:23.990 --> 00:19:24.000 align:start position:0% verifiable credentials to matching dials 00:19:24.000 --> 00:19:26.930 align:start position:0% verifiable credentials to matching dials anonymously<00:19:24.780> you<00:19:25.440> can<00:19:25.559> imagine<00:19:25.740> how<00:19:26.340> suddenly 00:19:26.930 --> 00:19:26.940 align:start position:0% anonymously you can imagine how suddenly 00:19:26.940 --> 00:19:28.669 align:start position:0% anonymously you can imagine how suddenly the<00:19:27.179> recruitment<00:19:27.660> industry<00:19:28.080> might<00:19:28.320> get<00:19:28.500> a 00:19:28.669 --> 00:19:28.679 align:start position:0% the recruitment industry might get a 00:19:28.679 --> 00:19:31.850 align:start position:0% the recruitment industry might get a little<00:19:28.740> bit<00:19:28.919> worried<00:19:29.280> if<00:19:30.059> this<00:19:30.900> would<00:19:31.080> be<00:19:31.200> the 00:19:31.850 --> 00:19:31.860 align:start position:0% little bit worried if this would be the 00:19:31.860 --> 00:19:34.610 align:start position:0% little bit worried if this would be the simple<00:19:32.360> this<00:19:33.360> is<00:19:33.539> how<00:19:33.780> simple<00:19:33.960> the<00:19:34.260> process 00:19:34.610 --> 00:19:34.620 align:start position:0% simple this is how simple the process 00:19:34.620 --> 00:19:37.010 align:start position:0% simple this is how simple the process could<00:19:34.919> be<00:19:35.100> you<00:19:35.700> wouldn't<00:19:35.820> need<00:19:36.120> in<00:19:36.419> like<00:19:36.840> in 00:19:37.010 --> 00:19:37.020 align:start position:0% could be you wouldn't need in like in 00:19:37.020 --> 00:19:39.409 align:start position:0% could be you wouldn't need in like in LinkedIn<00:19:37.380> yeah<00:19:37.919> the<00:19:38.280> interviews<00:19:38.760> and<00:19:39.000> the<00:19:39.120> CV 00:19:39.409 --> 00:19:39.419 align:start position:0% LinkedIn yeah the interviews and the CV 00:19:39.419 --> 00:19:41.330 align:start position:0% LinkedIn yeah the interviews and the CV and<00:19:39.600> the<00:19:39.780> whatever<00:19:39.900> these<00:19:40.559> credentials<00:19:41.039> if 00:19:41.330 --> 00:19:41.340 align:start position:0% and the whatever these credentials if 00:19:41.340 --> 00:19:43.730 align:start position:0% and the whatever these credentials if the<00:19:41.640> system<00:19:42.179> issuing<00:19:42.840> them<00:19:43.020> is<00:19:43.559> is 00:19:43.730 --> 00:19:43.740 align:start position:0% the system issuing them is is 00:19:43.740 --> 00:19:46.070 align:start position:0% the system issuing them is is trustworthy<00:19:44.460> and<00:19:44.640> reputable<00:19:45.120> then<00:19:45.720> you<00:19:45.960> can 00:19:46.070 --> 00:19:46.080 align:start position:0% trustworthy and reputable then you can 00:19:46.080 --> 00:19:47.930 align:start position:0% trustworthy and reputable then you can just<00:19:46.200> set<00:19:46.440> the<00:19:46.620> verify<00:19:47.039> verifiable 00:19:47.930 --> 00:19:47.940 align:start position:0% just set the verify verifiable 00:19:47.940 --> 00:19:49.789 align:start position:0% just set the verify verifiable credential<00:19:48.360> that<00:19:48.600> you<00:19:48.780> need<00:19:48.900> and<00:19:49.440> suddenly 00:19:49.789 --> 00:19:49.799 align:start position:0% credential that you need and suddenly 00:19:49.799 --> 00:19:52.490 align:start position:0% credential that you need and suddenly people<00:19:50.280> are<00:19:50.640> matched<00:19:51.059> right<00:19:51.419> this<00:19:51.900> thing<00:19:52.080> can 00:19:52.490 --> 00:19:52.500 align:start position:0% people are matched right this thing can 00:19:52.500 --> 00:19:55.909 align:start position:0% people are matched right this thing can happen<00:19:52.760> instantly<00:19:53.780> and<00:19:54.780> imagine<00:19:55.080> multiplied 00:19:55.909 --> 00:19:55.919 align:start position:0% happen instantly and imagine multiplied 00:19:55.919 --> 00:19:58.789 align:start position:0% happen instantly and imagine multiplied by<00:19:56.580> all<00:19:56.880> dowels<00:19:57.360> and<00:19:57.660> the<00:19:57.840> entire<00:19:58.140> Workforce 00:19:58.789 --> 00:19:58.799 align:start position:0% by all dowels and the entire Workforce 00:19:58.799 --> 00:20:01.850 align:start position:0% by all dowels and the entire Workforce suddenly<00:19:59.700> everybody<00:20:00.120> gets<00:20:00.720> matched<00:20:01.140> in<00:20:01.679> a 00:20:01.850 --> 00:20:01.860 align:start position:0% suddenly everybody gets matched in a 00:20:01.860 --> 00:20:04.669 align:start position:0% suddenly everybody gets matched in a system<00:20:02.039> that<00:20:02.580> is<00:20:02.700> really<00:20:02.940> robust 00:20:04.669 --> 00:20:04.679 align:start position:0% system that is really robust 00:20:04.679 --> 00:20:07.490 align:start position:0% system that is really robust oh<00:20:05.220> there<00:20:05.520> we<00:20:05.700> go<00:20:05.820> summary 00:20:07.490 --> 00:20:07.500 align:start position:0% oh there we go summary 00:20:07.500 --> 00:20:10.549 align:start position:0% oh there we go summary okay<00:20:07.980> so<00:20:08.820> just<00:20:09.000> getting<00:20:09.179> to<00:20:09.419> the<00:20:09.539> end<00:20:09.660> now 00:20:10.549 --> 00:20:10.559 align:start position:0% okay so just getting to the end now 00:20:10.559 --> 00:20:13.010 align:start position:0% okay so just getting to the end now your<00:20:11.160> online<00:20:11.340> Persona<00:20:12.000> is<00:20:12.240> about<00:20:12.419> to<00:20:12.600> get<00:20:12.780> much 00:20:13.010 --> 00:20:13.020 align:start position:0% your online Persona is about to get much 00:20:13.020 --> 00:20:15.110 align:start position:0% your online Persona is about to get much richer<00:20:13.500> and<00:20:13.740> stickier<00:20:14.160> with<00:20:14.580> verifiable 00:20:15.110 --> 00:20:15.120 align:start position:0% richer and stickier with verifiable 00:20:15.120 --> 00:20:16.970 align:start position:0% richer and stickier with verifiable credentials<00:20:15.780> this<00:20:16.380> is<00:20:16.500> going<00:20:16.679> to<00:20:16.860> happen 00:20:16.970 --> 00:20:16.980 align:start position:0% credentials this is going to happen 00:20:16.980 --> 00:20:19.370 align:start position:0% credentials this is going to happen you're<00:20:17.880> already<00:20:18.120> using<00:20:18.660> them<00:20:18.960> your<00:20:19.320> your 00:20:19.370 --> 00:20:19.380 align:start position:0% you're already using them your your 00:20:19.380 --> 00:20:22.490 align:start position:0% you're already using them your your driver's<00:20:19.980> license<00:20:20.160> is<00:20:20.760> a<00:20:20.940> credential<00:20:21.500> your 00:20:22.490 --> 00:20:22.500 align:start position:0% driver's license is a credential your 00:20:22.500 --> 00:20:24.350 align:start position:0% driver's license is a credential your passport<00:20:22.980> is<00:20:23.340> a<00:20:23.460> credential<00:20:23.820> your<00:20:24.120> University 00:20:24.350 --> 00:20:24.360 align:start position:0% passport is a credential your University 00:20:24.360 --> 00:20:27.049 align:start position:0% passport is a credential your University degree<00:20:25.020> is<00:20:25.440> a<00:20:25.620> credential<00:20:25.980> this<00:20:26.580> is<00:20:26.700> now<00:20:26.820> going 00:20:27.049 --> 00:20:27.059 align:start position:0% degree is a credential this is now going 00:20:27.059 --> 00:20:29.090 align:start position:0% degree is a credential this is now going to<00:20:27.179> be<00:20:27.299> translated<00:20:27.720> into<00:20:28.020> web<00:20:28.320> 3<00:20:28.559> and 00:20:29.090 --> 00:20:29.100 align:start position:0% to be translated into web 3 and 00:20:29.100 --> 00:20:31.130 align:start position:0% to be translated into web 3 and internalized<00:20:29.760> on<00:20:30.120> the<00:20:30.179> blockchain<00:20:30.600> so<00:20:31.020> it's 00:20:31.130 --> 00:20:31.140 align:start position:0% internalized on the blockchain so it's 00:20:31.140 --> 00:20:33.169 align:start position:0% internalized on the blockchain so it's coming<00:20:31.380> whether<00:20:32.100> you<00:20:32.340> agree<00:20:32.520> with<00:20:32.640> it<00:20:32.820> or<00:20:33.000> not 00:20:33.169 --> 00:20:33.179 align:start position:0% coming whether you agree with it or not 00:20:33.179 --> 00:20:35.870 align:start position:0% coming whether you agree with it or not it<00:20:33.960> is<00:20:34.140> going<00:20:34.260> to<00:20:34.440> come<00:20:34.620> and<00:20:34.799> I<00:20:34.980> think<00:20:35.160> as<00:20:35.520> we<00:20:35.700> as 00:20:35.870 --> 00:20:35.880 align:start position:0% it is going to come and I think as we as 00:20:35.880 --> 00:20:38.270 align:start position:0% it is going to come and I think as we as designers<00:20:36.360> should<00:20:37.020> be<00:20:37.140> very<00:20:37.380> mindful<00:20:37.799> of 00:20:38.270 --> 00:20:38.280 align:start position:0% designers should be very mindful of 00:20:38.280 --> 00:20:39.770 align:start position:0% designers should be very mindful of Designing<00:20:38.700> these<00:20:38.940> systems<00:20:39.240> in<00:20:39.419> a<00:20:39.539> way<00:20:39.660> that 00:20:39.770 --> 00:20:39.780 align:start position:0% Designing these systems in a way that 00:20:39.780 --> 00:20:43.490 align:start position:0% Designing these systems in a way that makes<00:20:39.960> Society<00:20:40.380> better<00:20:40.799> and<00:20:41.520> not<00:20:41.760> worse<00:20:42.360> right 00:20:43.490 --> 00:20:43.500 align:start position:0% makes Society better and not worse right 00:20:43.500 --> 00:20:46.250 align:start position:0% makes Society better and not worse right you<00:20:44.100> also<00:20:44.400> need<00:20:44.520> the<00:20:44.820> quality<00:20:45.240> and<00:20:46.020> social 00:20:46.250 --> 00:20:46.260 align:start position:0% you also need the quality and social 00:20:46.260 --> 00:20:49.549 align:start position:0% you also need the quality and social responsibility<00:20:47.160> behind<00:20:48.120> credentials 00:20:49.549 --> 00:20:49.559 align:start position:0% responsibility behind credentials 00:20:49.559 --> 00:20:51.470 align:start position:0% responsibility behind credentials um that<00:20:49.980> they<00:20:50.220> really<00:20:50.400> really<00:20:50.580> matter<00:20:50.880> right 00:20:51.470 --> 00:20:51.480 align:start position:0% um that they really really matter right 00:20:51.480 --> 00:20:54.650 align:start position:0% um that they really really matter right so<00:20:51.840> it<00:20:52.380> really<00:20:52.620> is<00:20:53.160> all<00:20:53.400> about 00:20:54.650 --> 00:20:54.660 align:start position:0% so it really is all about 00:20:54.660 --> 00:20:57.529 align:start position:0% so it really is all about reputable<00:20:55.559> systems<00:20:56.340> issuing<00:20:57.000> reputable 00:20:57.529 --> 00:20:57.539 align:start position:0% reputable systems issuing reputable 00:20:57.539 --> 00:21:00.650 align:start position:0% reputable systems issuing reputable credentials<00:20:58.260> that<00:20:58.740> are<00:20:58.919> well<00:20:59.220> researched<00:21:00.000> so 00:21:00.650 --> 00:21:00.660 align:start position:0% credentials that are well researched so 00:21:00.660 --> 00:21:03.350 align:start position:0% credentials that are well researched so it<00:21:01.200> actually<00:21:01.500> causes<00:21:02.039> public<00:21:02.400> good<00:21:02.700> and<00:21:03.120> not 00:21:03.350 --> 00:21:03.360 align:start position:0% it actually causes public good and not 00:21:03.360 --> 00:21:05.450 align:start position:0% it actually causes public good and not more<00:21:03.780> trouble<00:21:04.020> and<00:21:04.740> finally<00:21:04.980> we're<00:21:05.280> looking 00:21:05.450 --> 00:21:05.460 align:start position:0% more trouble and finally we're looking 00:21:05.460 --> 00:21:07.549 align:start position:0% more trouble and finally we're looking at<00:21:05.700> fundamental<00:21:06.240> changes<00:21:06.720> in<00:21:07.080> Collective 00:21:07.549 --> 00:21:07.559 align:start position:0% at fundamental changes in Collective 00:21:07.559 --> 00:21:10.190 align:start position:0% at fundamental changes in Collective agency<00:21:07.980> so<00:21:08.700> if<00:21:08.880> we<00:21:09.000> pull<00:21:09.179> this<00:21:09.360> off<00:21:09.600> in<00:21:10.080> a 00:21:10.190 --> 00:21:10.200 align:start position:0% agency so if we pull this off in a 00:21:10.200 --> 00:21:11.510 align:start position:0% agency so if we pull this off in a meaningful<00:21:10.500> way<00:21:10.740> and<00:21:10.980> this<00:21:11.160> is<00:21:11.220> going<00:21:11.340> to<00:21:11.460> be 00:21:11.510 --> 00:21:11.520 align:start position:0% meaningful way and this is going to be 00:21:11.520 --> 00:21:13.549 align:start position:0% meaningful way and this is going to be the<00:21:11.700> challenge<00:21:11.880> then<00:21:12.480> web<00:21:12.720> 2<00:21:12.960> organizations 00:21:13.549 --> 00:21:13.559 align:start position:0% the challenge then web 2 organizations 00:21:13.559 --> 00:21:16.370 align:start position:0% the challenge then web 2 organizations will<00:21:14.160> not<00:21:14.400> be<00:21:14.640> able<00:21:14.880> to<00:21:15.179> compete<00:21:15.720> with<00:21:16.200> the 00:21:16.370 --> 00:21:16.380 align:start position:0% will not be able to compete with the 00:21:16.380 --> 00:21:19.250 align:start position:0% will not be able to compete with the Synergy<00:21:16.860> and<00:21:17.280> the<00:21:17.400> doubt<00:21:18.059> collaboration<00:21:18.600> that 00:21:19.250 --> 00:21:19.260 align:start position:0% Synergy and the doubt collaboration that 00:21:19.260 --> 00:21:21.110 align:start position:0% Synergy and the doubt collaboration that will<00:21:19.380> be<00:21:19.500> afforded<00:21:19.980> by<00:21:20.220> this<00:21:20.460> change<00:21:20.640> right 00:21:21.110 --> 00:21:21.120 align:start position:0% will be afforded by this change right 00:21:21.120 --> 00:21:23.510 align:start position:0% will be afforded by this change right because<00:21:21.360> they<00:21:21.960> will<00:21:22.080> have<00:21:22.380> to<00:21:23.039> transition 00:21:23.510 --> 00:21:23.520 align:start position:0% because they will have to transition 00:21:23.520 --> 00:21:25.610 align:start position:0% because they will have to transition quickly<00:21:24.179> because<00:21:24.660> of<00:21:24.900> the<00:21:25.080> fundamental 00:21:25.610 --> 00:21:25.620 align:start position:0% quickly because of the fundamental 00:21:25.620 --> 00:21:28.250 align:start position:0% quickly because of the fundamental changes<00:21:26.160> that<00:21:26.580> is<00:21:26.700> going<00:21:26.880> to<00:21:27.000> be<00:21:27.240> enabled<00:21:28.080> by 00:21:28.250 --> 00:21:28.260 align:start position:0% changes that is going to be enabled by 00:21:28.260 --> 00:21:30.710 align:start position:0% changes that is going to be enabled by this<00:21:28.440> in<00:21:28.679> terms<00:21:28.860> of<00:21:28.919> collective<00:21:29.400> agency<00:21:29.760> so<00:21:30.480> I 00:21:30.710 --> 00:21:30.720 align:start position:0% this in terms of collective agency so I 00:21:30.720 --> 00:21:31.549 align:start position:0% this in terms of collective agency so I think 00:21:31.549 --> 00:21:31.559 align:start position:0% think 00:21:31.559 --> 00:21:33.529 align:start position:0% think that<00:21:32.100> we<00:21:32.280> are<00:21:32.400> really<00:21:32.520> talking<00:21:32.760> about<00:21:33.000> changes 00:21:33.529 --> 00:21:33.539 align:start position:0% that we are really talking about changes 00:21:33.539 --> 00:21:36.409 align:start position:0% that we are really talking about changes to<00:21:33.659> the<00:21:33.840> fabric<00:21:34.140> of<00:21:34.320> our<00:21:34.500> society<00:21:35.000> and<00:21:36.000> you 00:21:36.409 --> 00:21:36.419 align:start position:0% to the fabric of our society and you 00:21:36.419 --> 00:21:37.789 align:start position:0% to the fabric of our society and you know<00:21:36.480> this<00:21:36.780> may<00:21:36.960> be<00:21:37.080> it<00:21:37.440> sounds<00:21:37.620> like 00:21:37.789 --> 00:21:37.799 align:start position:0% know this may be it sounds like 00:21:37.799 --> 00:21:40.250 align:start position:0% know this may be it sounds like hyperbole<00:21:38.520> but<00:21:39.179> you<00:21:39.539> know<00:21:39.600> if<00:21:39.900> you<00:21:40.020> look<00:21:40.140> at 00:21:40.250 --> 00:21:40.260 align:start position:0% hyperbole but you know if you look at 00:21:40.260 --> 00:21:42.890 align:start position:0% hyperbole but you know if you look at the<00:21:40.440> world<00:21:40.500> how<00:21:40.799> it<00:21:40.919> is<00:21:41.039> right<00:21:41.280> now<00:21:41.460> I<00:21:42.299> I<00:21:42.539> think 00:21:42.890 --> 00:21:42.900 align:start position:0% the world how it is right now I I think 00:21:42.900 --> 00:21:44.750 align:start position:0% the world how it is right now I I think we<00:21:43.140> have<00:21:43.260> to<00:21:43.380> do<00:21:43.559> better<00:21:43.799> and<00:21:44.220> I<00:21:44.340> think<00:21:44.520> this 00:21:44.750 --> 00:21:44.760 align:start position:0% we have to do better and I think this 00:21:44.760 --> 00:21:47.090 align:start position:0% we have to do better and I think this could<00:21:44.940> be<00:21:45.120> one<00:21:45.539> thing<00:21:45.780> that<00:21:46.320> takes<00:21:46.679> us<00:21:46.860> there 00:21:47.090 --> 00:21:47.100 align:start position:0% could be one thing that takes us there 00:21:47.100 --> 00:21:49.250 align:start position:0% could be one thing that takes us there so 00:21:49.250 --> 00:21:49.260 align:start position:0% so 00:21:49.260 --> 00:21:54.590 align:start position:0% so thank<00:21:49.799> you<00:21:49.919> very<00:21:50.400> very<00:21:50.580> much<00:21:50.700> for<00:21:51.000> listening 00:21:54.590 --> 00:21:54.600 align:start position:0% 00:21:54.600 --> 00:21:56.510 align:start position:0% follow<00:21:55.020> me<00:21:55.200> on<00:21:55.380> Twitter<00:21:55.559> to<00:21:55.860> grow<00:21:56.100> my<00:21:56.340> social 00:21:56.510 --> 00:21:56.520 align:start position:0% follow me on Twitter to grow my social 00:21:56.520 --> 00:21:59.690 align:start position:0% follow me on Twitter to grow my social capital 00:21:59.690 --> 00:21:59.700 align:start position:0% 00:21:59.700 --> 00:22:03.590 align:start position:0% questions<00:22:00.380> in<00:22:01.380> terms<00:22:01.679> of<00:22:01.799> skills<00:22:02.520> I<00:22:03.240> would<00:22:03.360> say 00:22:03.590 --> 00:22:03.600 align:start position:0% questions in terms of skills I would say 00:22:03.600 --> 00:22:06.169 align:start position:0% questions in terms of skills I would say no<00:22:04.020> there<00:22:04.799> is<00:22:04.919> no 00:22:06.169 --> 00:22:06.179 align:start position:0% no there is no 00:22:06.179 --> 00:22:09.470 align:start position:0% no there is no um<00:22:06.299> issue<00:22:07.140> of<00:22:07.380> skills<00:22:07.980> that<00:22:08.340> is<00:22:08.580> yet<00:22:08.880> at<00:22:09.360> the 00:22:09.470 --> 00:22:09.480 align:start position:0% um issue of skills that is yet at the 00:22:09.480 --> 00:22:12.409 align:start position:0% um issue of skills that is yet at the degree<00:22:09.840> of<00:22:10.260> nuance<00:22:11.039> and<00:22:11.460> sophistication<00:22:12.000> that 00:22:12.409 --> 00:22:12.419 align:start position:0% degree of nuance and sophistication that 00:22:12.419 --> 00:22:13.610 align:start position:0% degree of nuance and sophistication that there<00:22:12.539> needs<00:22:12.780> to<00:22:12.840> be<00:22:12.960> if<00:22:13.140> you<00:22:13.260> start<00:22:13.440> talking 00:22:13.610 --> 00:22:13.620 align:start position:0% there needs to be if you start talking 00:22:13.620 --> 00:22:15.770 align:start position:0% there needs to be if you start talking about<00:22:13.860> issue<00:22:14.640> of<00:22:14.820> like<00:22:15.059> decentralized 00:22:15.770 --> 00:22:15.780 align:start position:0% about issue of like decentralized 00:22:15.780 --> 00:22:18.169 align:start position:0% about issue of like decentralized identities<00:22:16.320> as<00:22:16.980> credentials<00:22:17.640> yeah<00:22:17.940> there's 00:22:18.169 --> 00:22:18.179 align:start position:0% identities as credentials yeah there's 00:22:18.179 --> 00:22:19.850 align:start position:0% identities as credentials yeah there's already<00:22:18.659> loads<00:22:19.080> I<00:22:19.200> mean<00:22:19.320> there's<00:22:19.440> like<00:22:19.679> bright 00:22:19.850 --> 00:22:19.860 align:start position:0% already loads I mean there's like bright 00:22:19.860 --> 00:22:21.830 align:start position:0% already loads I mean there's like bright ID<00:22:20.100> there's<00:22:20.460> fractal<00:22:21.000> there's<00:22:21.240> lots<00:22:21.539> of<00:22:21.600> these 00:22:21.830 --> 00:22:21.840 align:start position:0% ID there's fractal there's lots of these 00:22:21.840 --> 00:22:23.810 align:start position:0% ID there's fractal there's lots of these projects<00:22:22.380> that<00:22:22.799> are<00:22:22.980> trying<00:22:23.100> to<00:22:23.280> issue<00:22:23.580> these 00:22:23.810 --> 00:22:23.820 align:start position:0% projects that are trying to issue these 00:22:23.820 --> 00:22:25.490 align:start position:0% projects that are trying to issue these credentials<00:22:24.299> in<00:22:24.780> the<00:22:24.900> most<00:22:25.020> privacy 00:22:25.490 --> 00:22:25.500 align:start position:0% credentials in the most privacy 00:22:25.500 --> 00:22:27.649 align:start position:0% credentials in the most privacy preserving<00:22:25.980> way<00:22:26.240> whether<00:22:27.240> or<00:22:27.419> not<00:22:27.480> those 00:22:27.649 --> 00:22:27.659 align:start position:0% preserving way whether or not those 00:22:27.659 --> 00:22:30.049 align:start position:0% preserving way whether or not those systems<00:22:28.020> are<00:22:28.200> perfect<00:22:28.440> I<00:22:29.039> don't<00:22:29.100> know<00:22:29.280> I<00:22:29.760> don't 00:22:30.049 --> 00:22:30.059 align:start position:0% systems are perfect I don't know I don't 00:22:30.059 --> 00:22:32.029 align:start position:0% systems are perfect I don't know I don't think<00:22:30.240> so<00:22:30.480> I<00:22:30.900> think<00:22:31.080> there's<00:22:31.500> somebody<00:22:31.799> from 00:22:32.029 --> 00:22:32.039 align:start position:0% think so I think there's somebody from 00:22:32.039 --> 00:22:33.470 align:start position:0% think so I think there's somebody from World<00:22:32.220> coin<00:22:32.520> or<00:22:32.640> whatever<00:22:32.760> said<00:22:33.000> he<00:22:33.179> had<00:22:33.360> two 00:22:33.470 --> 00:22:33.480 align:start position:0% World coin or whatever said he had two 00:22:33.480 --> 00:22:35.930 align:start position:0% World coin or whatever said he had two identities<00:22:33.900> so<00:22:34.380> probably<00:22:34.919> in<00:22:35.400> some<00:22:35.520> way<00:22:35.700> it's 00:22:35.930 --> 00:22:35.940 align:start position:0% identities so probably in some way it's 00:22:35.940 --> 00:22:38.149 align:start position:0% identities so probably in some way it's gameable<00:22:36.419> but<00:22:37.020> I<00:22:37.200> think<00:22:37.320> the<00:22:37.559> systems<00:22:37.980> of 00:22:38.149 --> 00:22:38.159 align:start position:0% gameable but I think the systems of 00:22:38.159 --> 00:22:40.310 align:start position:0% gameable but I think the systems of reputation<00:22:38.580> that<00:22:39.240> grow<00:22:39.419> on<00:22:39.780> top<00:22:39.900> of<00:22:40.080> those 00:22:40.310 --> 00:22:40.320 align:start position:0% reputation that grow on top of those 00:22:40.320 --> 00:22:43.730 align:start position:0% reputation that grow on top of those basic<00:22:40.860> decentralized<00:22:41.700> identities<00:22:42.240> then<00:22:42.960> will 00:22:43.730 --> 00:22:43.740 align:start position:0% basic decentralized identities then will 00:22:43.740 --> 00:22:45.890 align:start position:0% basic decentralized identities then will eventually<00:22:44.580> build<00:22:44.820> a<00:22:45.000> better<00:22:45.120> web<00:22:45.360> of<00:22:45.600> trust 00:22:45.890 --> 00:22:45.900 align:start position:0% eventually build a better web of trust 00:22:45.900 --> 00:22:48.110 align:start position:0% eventually build a better web of trust so<00:22:46.380> I<00:22:46.919> would<00:22:47.039> say<00:22:47.159> to<00:22:47.580> answer<00:22:47.700> your<00:22:47.940> question 00:22:48.110 --> 00:22:48.120 align:start position:0% so I would say to answer your question 00:22:48.120 --> 00:22:50.570 align:start position:0% so I would say to answer your question no<00:22:48.539> there<00:22:48.960> is<00:22:49.080> no<00:22:49.320> reputable<00:22:49.860> systems<00:22:50.400> yet 00:22:50.570 --> 00:22:50.580 align:start position:0% no there is no reputable systems yet 00:22:50.580 --> 00:22:53.690 align:start position:0% no there is no reputable systems yet this<00:22:51.059> is<00:22:51.240> super<00:22:51.360> early 00:22:53.690 --> 00:22:53.700 align:start position:0% 00:22:53.700 --> 00:22:55.010 align:start position:0% hello 00:22:55.010 --> 00:22:55.020 align:start position:0% hello 00:22:55.020 --> 00:22:57.049 align:start position:0% hello um I<00:22:55.500> love<00:22:55.620> the<00:22:55.799> concept<00:22:56.220> but<00:22:56.760> I<00:22:56.940> was 00:22:57.049 --> 00:22:57.059 align:start position:0% um I love the concept but I was 00:22:57.059 --> 00:22:58.789 align:start position:0% um I love the concept but I was wondering<00:22:57.480> what<00:22:57.720> happens<00:22:57.900> with<00:22:58.200> sensitive 00:22:58.789 --> 00:22:58.799 align:start position:0% wondering what happens with sensitive 00:22:58.799 --> 00:23:00.350 align:start position:0% wondering what happens with sensitive information<00:22:58.980> with<00:22:59.760> sensitive<00:23:00.179> information 00:23:00.350 --> 00:23:00.360 align:start position:0% information with sensitive information 00:23:00.360 --> 00:23:02.750 align:start position:0% information with sensitive information yes<00:23:00.900> because<00:23:01.200> let's<00:23:01.559> say<00:23:01.740> we<00:23:01.980> have<00:23:02.100> a<00:23:02.220> Dao<00:23:02.580> and 00:23:02.750 --> 00:23:02.760 align:start position:0% yes because let's say we have a Dao and 00:23:02.760 --> 00:23:04.970 align:start position:0% yes because let's say we have a Dao and we<00:23:02.820> say<00:23:03.000> that<00:23:03.179> only<00:23:03.360> people<00:23:03.659> with<00:23:04.080> verify 00:23:04.970 --> 00:23:04.980 align:start position:0% we say that only people with verify 00:23:04.980 --> 00:23:06.649 align:start position:0% we say that only people with verify credentials<00:23:05.580> can<00:23:05.700> access<00:23:05.940> some<00:23:06.419> information 00:23:06.649 --> 00:23:06.659 align:start position:0% credentials can access some information 00:23:06.659 --> 00:23:09.110 align:start position:0% credentials can access some information but<00:23:07.380> it<00:23:07.799> doesn't<00:23:07.919> prevent<00:23:08.340> that<00:23:08.520> I<00:23:08.760> take<00:23:08.940> a 00:23:09.110 --> 00:23:09.120 align:start position:0% but it doesn't prevent that I take a 00:23:09.120 --> 00:23:11.990 align:start position:0% but it doesn't prevent that I take a snapshot<00:23:09.659> a<00:23:10.200> sorry<00:23:10.559> a<00:23:10.799> screenshot<00:23:11.159> and<00:23:11.760> share 00:23:11.990 --> 00:23:12.000 align:start position:0% snapshot a sorry a screenshot and share 00:23:12.000 --> 00:23:13.490 align:start position:0% snapshot a sorry a screenshot and share it<00:23:12.120> with<00:23:12.240> people<00:23:12.539> who<00:23:12.900> don't<00:23:13.080> have<00:23:13.320> the 00:23:13.490 --> 00:23:13.500 align:start position:0% it with people who don't have the 00:23:13.500 --> 00:23:15.649 align:start position:0% it with people who don't have the credentials<00:23:14.159> so<00:23:14.340> how<00:23:14.580> do<00:23:14.760> we<00:23:14.940> prevent<00:23:15.480> that 00:23:15.649 --> 00:23:15.659 align:start position:0% credentials so how do we prevent that 00:23:15.659 --> 00:23:18.529 align:start position:0% credentials so how do we prevent that attack<00:23:15.900> yeah<00:23:16.740> I<00:23:16.980> mean<00:23:17.100> there's<00:23:17.280> lots<00:23:17.640> of<00:23:17.760> uh 00:23:18.529 --> 00:23:18.539 align:start position:0% attack yeah I mean there's lots of uh 00:23:18.539 --> 00:23:20.630 align:start position:0% attack yeah I mean there's lots of uh security<00:23:19.320> mechanisms<00:23:20.039> to<00:23:20.280> be<00:23:20.400> able<00:23:20.520> to 00:23:20.630 --> 00:23:20.640 align:start position:0% security mechanisms to be able to 00:23:20.640 --> 00:23:22.370 align:start position:0% security mechanisms to be able to prevent<00:23:20.940> this<00:23:21.120> I<00:23:21.360> mean<00:23:21.480> what<00:23:22.020> we're<00:23:22.200> talking 00:23:22.370 --> 00:23:22.380 align:start position:0% prevent this I mean what we're talking 00:23:22.380 --> 00:23:24.409 align:start position:0% prevent this I mean what we're talking about<00:23:22.559> here<00:23:22.980> it's<00:23:23.280> this<00:23:23.640> kind<00:23:23.880> of<00:23:24.000> skill 00:23:24.409 --> 00:23:24.419 align:start position:0% about here it's this kind of skill 00:23:24.419 --> 00:23:27.169 align:start position:0% about here it's this kind of skill system<00:23:24.720> that<00:23:25.260> gets<00:23:25.500> you<00:23:25.620> the<00:23:25.799> entry<00:23:26.220> right<00:23:26.640> but 00:23:27.169 --> 00:23:27.179 align:start position:0% system that gets you the entry right but 00:23:27.179 --> 00:23:29.510 align:start position:0% system that gets you the entry right but this<00:23:27.419> is<00:23:27.720> built<00:23:28.140> together<00:23:28.620> with<00:23:29.039> an<00:23:29.220> overall 00:23:29.510 --> 00:23:29.520 align:start position:0% this is built together with an overall 00:23:29.520 --> 00:23:32.149 align:start position:0% this is built together with an overall reputation<00:23:30.179> system<00:23:30.600> so<00:23:31.260> you<00:23:31.440> could<00:23:31.559> also<00:23:31.860> say 00:23:32.149 --> 00:23:32.159 align:start position:0% reputation system so you could also say 00:23:32.159 --> 00:23:33.770 align:start position:0% reputation system so you could also say that<00:23:32.520> it's<00:23:33.059> a<00:23:33.179> combination<00:23:33.539> of 00:23:33.770 --> 00:23:33.780 align:start position:0% that it's a combination of 00:23:33.780 --> 00:23:37.010 align:start position:0% that it's a combination of trustworthiness<00:23:34.700> via<00:23:35.700> a<00:23:36.000> matrix<00:23:36.299> of<00:23:36.539> skills 00:23:37.010 --> 00:23:37.020 align:start position:0% trustworthiness via a matrix of skills 00:23:37.020 --> 00:23:39.049 align:start position:0% trustworthiness via a matrix of skills and<00:23:37.620> the<00:23:37.799> participation<00:23:38.280> in<00:23:38.580> the<00:23:38.700> platform 00:23:39.049 --> 00:23:39.059 align:start position:0% and the participation in the platform 00:23:39.059 --> 00:23:40.850 align:start position:0% and the participation in the platform that<00:23:39.539> you<00:23:39.659> can<00:23:39.720> say<00:23:39.900> only<00:23:40.140> a<00:23:40.380> person<00:23:40.500> with<00:23:40.679> a 00:23:40.850 --> 00:23:40.860 align:start position:0% that you can say only a person with a 00:23:40.860 --> 00:23:43.070 align:start position:0% that you can say only a person with a minimum<00:23:41.220> trust<00:23:41.580> can<00:23:42.059> come<00:23:42.299> in<00:23:42.419> if<00:23:42.720> I<00:23:42.900> break 00:23:43.070 --> 00:23:43.080 align:start position:0% minimum trust can come in if I break 00:23:43.080 --> 00:23:45.409 align:start position:0% minimum trust can come in if I break that<00:23:43.380> trust<00:23:43.679> then<00:23:44.280> maybe<00:23:44.520> I'm<00:23:44.940> slashed 00:23:45.409 --> 00:23:45.419 align:start position:0% that trust then maybe I'm slashed 00:23:45.419 --> 00:23:47.990 align:start position:0% that trust then maybe I'm slashed socially<00:23:46.020> or<00:23:46.679> in<00:23:46.980> terms<00:23:47.159> of<00:23:47.220> tokens<00:23:47.580> or<00:23:47.820> in 00:23:47.990 --> 00:23:48.000 align:start position:0% socially or in terms of tokens or in 00:23:48.000 --> 00:23:49.909 align:start position:0% socially or in terms of tokens or in some<00:23:48.179> way<00:23:48.360> maybe<00:23:48.900> there's<00:23:49.140> even<00:23:49.380> like<00:23:49.679> a 00:23:49.909 --> 00:23:49.919 align:start position:0% some way maybe there's even like a 00:23:49.919 --> 00:23:52.669 align:start position:0% some way maybe there's even like a staking<00:23:50.340> mechanism<00:23:50.940> that<00:23:51.539> if<00:23:51.780> you<00:23:51.960> enter<00:23:52.140> you 00:23:52.669 --> 00:23:52.679 align:start position:0% staking mechanism that if you enter you 00:23:52.679 --> 00:23:55.310 align:start position:0% staking mechanism that if you enter you need<00:23:52.740> to<00:23:52.860> stake<00:23:53.159> your<00:23:53.280> reputation<00:23:53.960> and<00:23:54.960> if<00:23:55.140> you 00:23:55.310 --> 00:23:55.320 align:start position:0% need to stake your reputation and if you 00:23:55.320 --> 00:23:57.529 align:start position:0% need to stake your reputation and if you misbehave<00:23:55.860> and<00:23:56.220> share<00:23:56.460> screenshots<00:23:56.940> you<00:23:57.419> are 00:23:57.529 --> 00:23:57.539 align:start position:0% misbehave and share screenshots you are 00:23:57.539 --> 00:23:58.850 align:start position:0% misbehave and share screenshots you are slashed<00:23:57.960> in<00:23:58.020> some<00:23:58.200> way<00:23:58.320> so<00:23:58.500> there<00:23:58.740> are 00:23:58.850 --> 00:23:58.860 align:start position:0% slashed in some way so there are 00:23:58.860 --> 00:24:00.409 align:start position:0% slashed in some way so there are mechanisms<00:23:59.460> that<00:23:59.940> are<00:24:00.059> very<00:24:00.240> very 00:24:00.409 --> 00:24:00.419 align:start position:0% mechanisms that are very very 00:24:00.419 --> 00:24:02.330 align:start position:0% mechanisms that are very very interesting<00:24:00.900> to<00:24:01.380> be<00:24:01.440> able<00:24:01.620> to<00:24:01.740> address<00:24:01.860> these 00:24:02.330 --> 00:24:02.340 align:start position:0% interesting to be able to address these 00:24:02.340 --> 00:24:04.370 align:start position:0% interesting to be able to address these problems 00:24:04.370 --> 00:24:04.380 align:start position:0% problems 00:24:04.380 --> 00:24:07.909 align:start position:0% problems so<00:24:05.039> native<00:24:05.940> Dao<00:24:06.360> Workforce<00:24:06.900> is<00:24:07.140> a<00:24:07.320> tiny<00:24:07.620> tiny 00:24:07.909 --> 00:24:07.919 align:start position:0% so native Dao Workforce is a tiny tiny 00:24:07.919 --> 00:24:09.770 align:start position:0% so native Dao Workforce is a tiny tiny fraction<00:24:08.220> of<00:24:08.640> the<00:24:08.760> entire<00:24:09.000> Workforce<00:24:09.539> yeah 00:24:09.770 --> 00:24:09.780 align:start position:0% fraction of the entire Workforce yeah 00:24:09.780 --> 00:24:13.430 align:start position:0% fraction of the entire Workforce yeah industry<00:24:10.320> tiny<00:24:10.799> so<00:24:11.880> how<00:24:12.360> would<00:24:12.600> you<00:24:12.780> see<00:24:13.140> like 00:24:13.430 --> 00:24:13.440 align:start position:0% industry tiny so how would you see like 00:24:13.440 --> 00:24:16.490 align:start position:0% industry tiny so how would you see like the<00:24:13.620> initial<00:24:13.980> data<00:24:14.820> dump<00:24:15.059> right<00:24:15.539> like<00:24:15.960> the<00:24:16.320> the 00:24:16.490 --> 00:24:16.500 align:start position:0% the initial data dump right like the the 00:24:16.500 --> 00:24:19.669 align:start position:0% the initial data dump right like the the the<00:24:16.820> bridge<00:24:17.820> between<00:24:18.240> the<00:24:18.720> the<00:24:18.900> old<00:24:19.140> ways<00:24:19.559> of 00:24:19.669 --> 00:24:19.679 align:start position:0% the bridge between the the old ways of 00:24:19.679 --> 00:24:22.250 align:start position:0% the bridge between the the old ways of doing<00:24:19.919> reputation<00:24:20.400> I<00:24:20.640> don't<00:24:20.820> know<00:24:20.900> uh<00:24:21.900> degrees 00:24:22.250 --> 00:24:22.260 align:start position:0% doing reputation I don't know uh degrees 00:24:22.260 --> 00:24:24.770 align:start position:0% doing reputation I don't know uh degrees or<00:24:23.100> work<00:24:23.460> experience<00:24:23.880> into<00:24:24.240> these<00:24:24.600> kind<00:24:24.659> of 00:24:24.770 --> 00:24:24.780 align:start position:0% or work experience into these kind of 00:24:24.780 --> 00:24:27.230 align:start position:0% or work experience into these kind of things<00:24:24.960> so<00:24:25.740> I<00:24:26.220> think<00:24:26.340> there's<00:24:26.460> lots<00:24:26.820> of<00:24:26.880> ways 00:24:27.230 --> 00:24:27.240 align:start position:0% things so I think there's lots of ways 00:24:27.240 --> 00:24:29.990 align:start position:0% things so I think there's lots of ways to<00:24:27.780> build<00:24:28.200> a<00:24:28.620> skill<00:24:28.860> system<00:24:29.100> like<00:24:29.640> the<00:24:29.820> one 00:24:29.990 --> 00:24:30.000 align:start position:0% to build a skill system like the one 00:24:30.000 --> 00:24:31.730 align:start position:0% to build a skill system like the one that<00:24:30.659> um<00:24:30.720> that<00:24:30.960> I<00:24:31.080> was<00:24:31.140> talking<00:24:31.320> about<00:24:31.500> here 00:24:31.730 --> 00:24:31.740 align:start position:0% that um that I was talking about here 00:24:31.740 --> 00:24:33.470 align:start position:0% that um that I was talking about here for<00:24:32.159> example<00:24:32.340> you<00:24:32.580> could<00:24:32.700> even<00:24:32.940> start<00:24:33.179> with 00:24:33.470 --> 00:24:33.480 align:start position:0% for example you could even start with 00:24:33.480 --> 00:24:35.870 align:start position:0% for example you could even start with self-assessment<00:24:34.380> so<00:24:35.039> when<00:24:35.280> you<00:24:35.400> join<00:24:35.760> the 00:24:35.870 --> 00:24:35.880 align:start position:0% self-assessment so when you join the 00:24:35.880 --> 00:24:38.870 align:start position:0% self-assessment so when you join the platform<00:24:36.240> you<00:24:37.080> give<00:24:37.320> an<00:24:37.559> estimation<00:24:38.039> of<00:24:38.460> your 00:24:38.870 --> 00:24:38.880 align:start position:0% platform you give an estimation of your 00:24:38.880 --> 00:24:40.850 align:start position:0% platform you give an estimation of your skills<00:24:39.240> and<00:24:39.600> abilities<00:24:39.960> you<00:24:40.380> rate<00:24:40.559> yourself 00:24:40.850 --> 00:24:40.860 align:start position:0% skills and abilities you rate yourself 00:24:40.860 --> 00:24:42.770 align:start position:0% skills and abilities you rate yourself in<00:24:41.280> this<00:24:41.460> kind<00:24:41.580> of<00:24:41.700> nuanced<00:24:42.179> contextual 00:24:42.770 --> 00:24:42.780 align:start position:0% in this kind of nuanced contextual 00:24:42.780 --> 00:24:45.230 align:start position:0% in this kind of nuanced contextual system<00:24:43.140> and<00:24:43.740> then<00:24:43.799> maybe<00:24:43.980> others<00:24:44.580> who<00:24:45.059> know 00:24:45.230 --> 00:24:45.240 align:start position:0% system and then maybe others who know 00:24:45.240 --> 00:24:47.270 align:start position:0% system and then maybe others who know you<00:24:45.480> have<00:24:45.780> worked<00:24:46.020> with<00:24:46.140> you<00:24:46.260> can<00:24:46.559> verify<00:24:47.039> you 00:24:47.270 --> 00:24:47.280 align:start position:0% you have worked with you can verify you 00:24:47.280 --> 00:24:49.730 align:start position:0% you have worked with you can verify you over<00:24:47.700> time<00:24:48.000> so<00:24:48.419> it<00:24:48.900> you<00:24:49.140> don't<00:24:49.260> necessarily 00:24:49.730 --> 00:24:49.740 align:start position:0% over time so it you don't necessarily 00:24:49.740 --> 00:24:52.250 align:start position:0% over time so it you don't necessarily have<00:24:49.980> to<00:24:50.159> start<00:24:50.340> a<00:24:50.580> skill<00:24:50.820> system<00:24:51.000> at<00:24:51.360> zero<00:24:51.780> you 00:24:52.250 --> 00:24:52.260 align:start position:0% have to start a skill system at zero you 00:24:52.260 --> 00:24:55.250 align:start position:0% have to start a skill system at zero you can<00:24:52.380> self-assess<00:24:53.039> and<00:24:53.760> then<00:24:53.940> stake<00:24:54.840> certain 00:24:55.250 --> 00:24:55.260 align:start position:0% can self-assess and then stake certain 00:24:55.260 --> 00:24:57.649 align:start position:0% can self-assess and then stake certain things<00:24:55.559> and<00:24:56.159> if<00:24:56.340> you<00:24:56.520> then<00:24:56.700> live<00:24:56.940> up<00:24:57.120> to<00:24:57.480> that 00:24:57.649 --> 00:24:57.659 align:start position:0% things and if you then live up to that 00:24:57.659 --> 00:24:59.690 align:start position:0% things and if you then live up to that self-assessment<00:24:58.380> then<00:24:58.860> you<00:24:59.100> can<00:24:59.159> participate 00:24:59.690 --> 00:24:59.700 align:start position:0% self-assessment then you can participate 00:24:59.700 --> 00:25:01.669 align:start position:0% self-assessment then you can participate effectively<00:25:00.299> in<00:25:00.419> the<00:25:00.600> system<00:25:00.720> if<00:25:01.440> you<00:25:01.559> don't 00:25:01.669 --> 00:25:01.679 align:start position:0% effectively in the system if you don't 00:25:01.679 --> 00:25:03.350 align:start position:0% effectively in the system if you don't live<00:25:01.860> up<00:25:02.039> to<00:25:02.159> that<00:25:02.340> self-assessment<00:25:02.940> then<00:25:03.179> you 00:25:03.350 --> 00:25:03.360 align:start position:0% live up to that self-assessment then you 00:25:03.360 --> 00:25:05.930 align:start position:0% live up to that self-assessment then you are<00:25:03.480> slashed<00:25:03.840> in<00:25:03.960> some<00:25:04.200> way<00:25:04.320> so<00:25:04.860> I<00:25:05.100> think<00:25:05.280> we 00:25:05.930 --> 00:25:05.940 align:start position:0% are slashed in some way so I think we 00:25:05.940 --> 00:25:08.630 align:start position:0% are slashed in some way so I think we need<00:25:06.120> to<00:25:06.240> of<00:25:06.600> course<00:25:06.720> be<00:25:07.500> realistic<00:25:08.039> and<00:25:08.400> you 00:25:08.630 --> 00:25:08.640 align:start position:0% need to of course be realistic and you 00:25:08.640 --> 00:25:10.070 align:start position:0% need to of course be realistic and you know<00:25:08.700> we<00:25:08.880> can't<00:25:09.000> expect<00:25:09.240> everybody<00:25:09.539> to<00:25:09.900> start 00:25:10.070 --> 00:25:10.080 align:start position:0% know we can't expect everybody to start 00:25:10.080 --> 00:25:11.810 align:start position:0% know we can't expect everybody to start at<00:25:10.260> zero<00:25:10.620> especially<00:25:11.220> what<00:25:11.400> happens<00:25:11.520> if<00:25:11.700> you 00:25:11.810 --> 00:25:11.820 align:start position:0% at zero especially what happens if you 00:25:11.820 --> 00:25:14.930 align:start position:0% at zero especially what happens if you got<00:25:12.299> an<00:25:12.480> established<00:25:13.020> skill<00:25:13.679> system<00:25:13.919> and<00:25:14.760> then 00:25:14.930 --> 00:25:14.940 align:start position:0% got an established skill system and then 00:25:14.940 --> 00:25:16.549 align:start position:0% got an established skill system and then you<00:25:15.419> know<00:25:15.539> everybody<00:25:15.780> has<00:25:16.080> been<00:25:16.260> there<00:25:16.380> for 00:25:16.549 --> 00:25:16.559 align:start position:0% you know everybody has been there for 00:25:16.559 --> 00:25:18.770 align:start position:0% you know everybody has been there for five<00:25:16.679> years<00:25:16.860> and<00:25:17.159> you<00:25:17.220> get<00:25:17.400> a<00:25:17.520> new<00:25:17.640> user<00:25:18.059> who's 00:25:18.770 --> 00:25:18.780 align:start position:0% five years and you get a new user who's 00:25:18.780 --> 00:25:21.350 align:start position:0% five years and you get a new user who's has<00:25:19.200> nothing<00:25:19.500> that<00:25:20.039> what<00:25:20.280> is<00:25:20.460> it<00:25:20.640> gonna<00:25:20.820> they 00:25:21.350 --> 00:25:21.360 align:start position:0% has nothing that what is it gonna they 00:25:21.360 --> 00:25:23.330 align:start position:0% has nothing that what is it gonna they can't<00:25:21.600> compete<00:25:22.080> right<00:25:22.440> so<00:25:22.740> there<00:25:22.919> needs<00:25:23.159> to<00:25:23.220> be 00:25:23.330 --> 00:25:23.340 align:start position:0% can't compete right so there needs to be 00:25:23.340 --> 00:25:26.210 align:start position:0% can't compete right so there needs to be a<00:25:23.520> system<00:25:23.700> of<00:25:24.360> self-assessment<00:25:25.020> and<00:25:25.320> say<00:25:25.559> or 00:25:26.210 --> 00:25:26.220 align:start position:0% a system of self-assessment and say or 00:25:26.220 --> 00:25:28.789 align:start position:0% a system of self-assessment and say or or<00:25:26.520> somebody<00:25:27.059> vouchers<00:25:27.720> for<00:25:27.960> you<00:25:28.140> somebody 00:25:28.789 --> 00:25:28.799 align:start position:0% or somebody vouchers for you somebody 00:25:28.799 --> 00:25:31.310 align:start position:0% or somebody vouchers for you somebody Stakes<00:25:29.460> their<00:25:29.700> reputation<00:25:30.179> and<00:25:30.779> says<00:25:31.080> this 00:25:31.310 --> 00:25:31.320 align:start position:0% Stakes their reputation and says this 00:25:31.320 --> 00:25:32.870 align:start position:0% Stakes their reputation and says this person<00:25:31.440> has<00:25:31.740> the<00:25:31.919> skills<00:25:32.220> they<00:25:32.340> say<00:25:32.520> they<00:25:32.760> have 00:25:32.870 --> 00:25:32.880 align:start position:0% person has the skills they say they have 00:25:32.880 --> 00:25:34.310 align:start position:0% person has the skills they say they have and<00:25:33.240> if<00:25:33.419> they<00:25:33.600> don't<00:25:33.720> then<00:25:33.960> they're<00:25:34.200> both 00:25:34.310 --> 00:25:34.320 align:start position:0% and if they don't then they're both 00:25:34.320 --> 00:25:36.769 align:start position:0% and if they don't then they're both slashed<00:25:34.799> so<00:25:35.220> there<00:25:35.460> are<00:25:35.640> mechanisms<00:25:36.179> to<00:25:36.419> get<00:25:36.659> a 00:25:36.769 --> 00:25:36.779 align:start position:0% slashed so there are mechanisms to get a 00:25:36.779 --> 00:25:39.529 align:start position:0% slashed so there are mechanisms to get a head<00:25:36.960> start<00:25:37.200> in<00:25:38.159> the<00:25:38.460> skill<00:25:38.700> system<00:25:38.940> so<00:25:39.360> that 00:25:39.529 --> 00:25:39.539 align:start position:0% head start in the skill system so that 00:25:39.539 --> 00:25:42.830 align:start position:0% head start in the skill system so that you<00:25:39.720> don't<00:25:39.840> get<00:25:40.020> left<00:25:40.200> behind<00:25:40.679> you<00:25:41.400> know 00:25:42.830 --> 00:25:42.840 align:start position:0% you don't get left behind you know 00:25:42.840 --> 00:25:46.070 align:start position:0% you don't get left behind you know if<00:25:43.440> that<00:25:43.799> answers<00:25:44.039> your<00:25:44.279> question<00:25:44.460> ideal 00:25:46.070 --> 00:25:46.080 align:start position:0% if that answers your question ideal 00:25:46.080 --> 00:25:49.730 align:start position:0% if that answers your question ideal thank<00:25:46.740> you<00:25:46.860> great<00:25:47.460> talk<00:25:47.700> so<00:25:48.659> I'm<00:25:49.260> just<00:25:49.440> curious 00:25:49.730 --> 00:25:49.740 align:start position:0% thank you great talk so I'm just curious 00:25:49.740 --> 00:25:51.769 align:start position:0% thank you great talk so I'm just curious about<00:25:49.980> your<00:25:50.460> thoughts<00:25:50.820> on<00:25:51.240> China's 00:25:51.769 --> 00:25:51.779 align:start position:0% about your thoughts on China's 00:25:51.779 --> 00:25:53.690 align:start position:0% about your thoughts on China's reputational<00:25:52.380> system<00:25:52.860> because<00:25:53.340> they 00:25:53.690 --> 00:25:53.700 align:start position:0% reputational system because they 00:25:53.700 --> 00:25:56.750 align:start position:0% reputational system because they gamified<00:25:54.179> the<00:25:55.020> way<00:25:55.140> they<00:25:55.440> want<00:25:55.760> their 00:25:56.750 --> 00:25:56.760 align:start position:0% gamified the way they want their 00:25:56.760 --> 00:25:59.149 align:start position:0% gamified the way they want their population<00:25:56.940> to<00:25:57.360> behave<00:25:57.720> yeah<00:25:58.200> and<00:25:58.620> that<00:25:58.919> might 00:25:59.149 --> 00:25:59.159 align:start position:0% population to behave yeah and that might 00:25:59.159 --> 00:26:01.909 align:start position:0% population to behave yeah and that might necess<00:25:59.580> not<00:26:00.179> necessarily<00:26:00.720> be<00:26:00.900> for<00:26:01.440> better 00:26:01.909 --> 00:26:01.919 align:start position:0% necess not necessarily be for better 00:26:01.919 --> 00:26:04.250 align:start position:0% necess not necessarily be for better yeah<00:26:02.700> but<00:26:03.059> so<00:26:03.299> you're<00:26:03.539> talking<00:26:03.720> about<00:26:03.840> this<00:26:04.020> as 00:26:04.250 --> 00:26:04.260 align:start position:0% yeah but so you're talking about this as 00:26:04.260 --> 00:26:07.370 align:start position:0% yeah but so you're talking about this as a<00:26:04.320> social<00:26:04.679> credit<00:26:04.980> score<00:26:05.400> yeah<00:26:06.059> right<00:26:06.659> so<00:26:07.140> I 00:26:07.370 --> 00:26:07.380 align:start position:0% a social credit score yeah right so I 00:26:07.380 --> 00:26:09.230 align:start position:0% a social credit score yeah right so I think<00:26:07.500> the<00:26:07.860> social<00:26:08.159> credit<00:26:08.520> score<00:26:08.880> in<00:26:09.059> China 00:26:09.230 --> 00:26:09.240 align:start position:0% think the social credit score in China 00:26:09.240 --> 00:26:11.690 align:start position:0% think the social credit score in China is<00:26:09.419> a<00:26:09.720> little<00:26:09.840> bit<00:26:09.960> different<00:26:10.140> because 00:26:11.690 --> 00:26:11.700 align:start position:0% is a little bit different because 00:26:11.700 --> 00:26:15.529 align:start position:0% is a little bit different because um it's<00:26:12.480> tied<00:26:13.080> to<00:26:13.440> you<00:26:13.679> as<00:26:13.919> a<00:26:14.159> person<00:26:14.539> and 00:26:15.529 --> 00:26:15.539 align:start position:0% um it's tied to you as a person and 00:26:15.539 --> 00:26:17.149 align:start position:0% um it's tied to you as a person and there<00:26:15.840> is<00:26:15.960> nothing<00:26:16.140> you<00:26:16.380> can<00:26:16.500> do<00:26:16.620> about<00:26:16.919> it 00:26:17.149 --> 00:26:17.159 align:start position:0% there is nothing you can do about it 00:26:17.159 --> 00:26:20.149 align:start position:0% there is nothing you can do about it because<00:26:17.880> you<00:26:18.120> will<00:26:18.299> only<00:26:18.419> ever<00:26:18.600> be<00:26:18.900> you<00:26:19.200> in<00:26:19.980> web 00:26:20.149 --> 00:26:20.159 align:start position:0% because you will only ever be you in web 00:26:20.159 --> 00:26:22.610 align:start position:0% because you will only ever be you in web 3<00:26:20.460> in<00:26:20.820> theory<00:26:21.179> you<00:26:21.779> know<00:26:21.840> I<00:26:22.080> could<00:26:22.140> create<00:26:22.320> a 00:26:22.610 --> 00:26:22.620 align:start position:0% 3 in theory you know I could create a 00:26:22.620 --> 00:26:24.890 align:start position:0% 3 in theory you know I could create a new<00:26:22.679> wallet<00:26:23.039> and<00:26:23.880> generate<00:26:24.179> a<00:26:24.299> new<00:26:24.480> identity 00:26:24.890 --> 00:26:24.900 align:start position:0% new wallet and generate a new identity 00:26:24.900 --> 00:26:28.370 align:start position:0% new wallet and generate a new identity and<00:26:25.440> start<00:26:25.620> from<00:26:25.860> scratch<00:26:26.159> so<00:26:27.120> there<00:26:27.480> is<00:26:27.600> ways 00:26:28.370 --> 00:26:28.380 align:start position:0% and start from scratch so there is ways 00:26:28.380 --> 00:26:30.769 align:start position:0% and start from scratch so there is ways for<00:26:28.799> you<00:26:28.919> to<00:26:29.100> reinvent<00:26:29.580> yourself<00:26:29.880> in<00:26:30.299> web<00:26:30.480> 3 00:26:30.769 --> 00:26:30.779 align:start position:0% for you to reinvent yourself in web 3 00:26:30.779 --> 00:26:33.890 align:start position:0% for you to reinvent yourself in web 3 without<00:26:31.260> having<00:26:31.620> to<00:26:31.919> you<00:26:32.159> know<00:26:32.720> create<00:26:33.720> a 00:26:33.890 --> 00:26:33.900 align:start position:0% without having to you know create a 00:26:33.900 --> 00:26:35.990 align:start position:0% without having to you know create a whole<00:26:34.020> new<00:26:34.140> identity<00:26:34.559> so<00:26:34.860> it's<00:26:35.159> not<00:26:35.340> I<00:26:35.880> would 00:26:35.990 --> 00:26:36.000 align:start position:0% whole new identity so it's not I would 00:26:36.000 --> 00:26:37.490 align:start position:0% whole new identity so it's not I would say<00:26:36.120> the<00:26:36.299> same<00:26:36.480> as<00:26:36.659> the<00:26:36.779> social<00:26:36.960> credit<00:26:37.200> score 00:26:37.490 --> 00:26:37.500 align:start position:0% say the same as the social credit score 00:26:37.500 --> 00:26:39.049 align:start position:0% say the same as the social credit score because<00:26:37.740> that<00:26:38.039> one<00:26:38.220> you<00:26:38.400> can<00:26:38.520> never<00:26:38.700> get<00:26:38.940> rid 00:26:39.049 --> 00:26:39.059 align:start position:0% because that one you can never get rid 00:26:39.059 --> 00:26:40.909 align:start position:0% because that one you can never get rid of<00:26:39.179> the<00:26:39.480> government<00:26:39.600> has<00:26:40.020> labeled<00:26:40.380> you<00:26:40.740> with 00:26:40.909 --> 00:26:40.919 align:start position:0% of the government has labeled you with 00:26:40.919 --> 00:26:42.710 align:start position:0% of the government has labeled you with it<00:26:41.039> and<00:26:41.279> there's<00:26:41.400> nothing<00:26:41.580> you<00:26:41.880> can<00:26:42.000> do<00:26:42.120> with 00:26:42.710 --> 00:26:42.720 align:start position:0% it and there's nothing you can do with 00:26:42.720 --> 00:26:44.390 align:start position:0% it and there's nothing you can do with these<00:26:43.020> kinds<00:26:43.200> of<00:26:43.260> systems<00:26:43.679> you<00:26:43.980> can<00:26:44.100> create<00:26:44.220> a 00:26:44.390 --> 00:26:44.400 align:start position:0% these kinds of systems you can create a 00:26:44.400 --> 00:26:46.190 align:start position:0% these kinds of systems you can create a new<00:26:44.520> wallet<00:26:44.820> and<00:26:44.940> you're<00:26:45.120> a<00:26:45.299> new<00:26:45.419> person 00:26:46.190 --> 00:26:46.200 align:start position:0% new wallet and you're a new person 00:26:46.200 --> 00:26:48.950 align:start position:0% new wallet and you're a new person okay<00:26:46.679> and<00:26:46.980> follow<00:26:47.340> up<00:26:47.580> and 00:26:48.950 --> 00:26:48.960 align:start position:0% okay and follow up and 00:26:48.960 --> 00:26:52.190 align:start position:0% okay and follow up and how<00:26:49.620> do<00:26:49.740> you<00:26:49.980> how<00:26:50.700> can<00:26:50.880> we<00:26:51.179> give<00:26:51.480> opportunities 00:26:52.190 --> 00:26:52.200 align:start position:0% how do you how can we give opportunities 00:26:52.200 --> 00:26:54.470 align:start position:0% how do you how can we give opportunities to<00:26:52.679> those<00:26:53.039> that<00:26:53.520> haven't<00:26:53.820> proved<00:26:54.299> the 00:26:54.470 --> 00:26:54.480 align:start position:0% to those that haven't proved the 00:26:54.480 --> 00:26:56.390 align:start position:0% to those that haven't proved the reputation<00:26:54.960> because<00:26:55.320> those<00:26:55.679> are<00:26:56.039> going<00:26:56.279> to 00:26:56.390 --> 00:26:56.400 align:start position:0% reputation because those are going to 00:26:56.400 --> 00:26:59.450 align:start position:0% reputation because those are going to favor<00:26:56.520> those<00:26:56.940> who<00:26:57.179> have<00:26:57.419> been<00:26:58.380> proven<00:26:58.860> more 00:26:59.450 --> 00:26:59.460 align:start position:0% favor those who have been proven more 00:26:59.460 --> 00:27:01.730 align:start position:0% favor those who have been proven more yeah<00:27:00.299> so<00:27:00.539> I<00:27:00.779> think<00:27:00.900> this<00:27:01.080> goes<00:27:01.380> a<00:27:01.500> little<00:27:01.620> bit 00:27:01.730 --> 00:27:01.740 align:start position:0% yeah so I think this goes a little bit 00:27:01.740 --> 00:27:03.950 align:start position:0% yeah so I think this goes a little bit back<00:27:01.980> to<00:27:02.279> the<00:27:02.460> the<00:27:02.640> previous<00:27:03.000> answer<00:27:03.480> as<00:27:03.779> well 00:27:03.950 --> 00:27:03.960 align:start position:0% back to the the previous answer as well 00:27:03.960 --> 00:27:04.909 align:start position:0% back to the the previous answer as well so 00:27:04.909 --> 00:27:04.919 align:start position:0% so 00:27:04.919 --> 00:27:07.610 align:start position:0% so be<00:27:05.159> able<00:27:05.460> to<00:27:05.640> say<00:27:06.299> that<00:27:06.779> they<00:27:06.960> are<00:27:07.080> skilled<00:27:07.500> in 00:27:07.610 --> 00:27:07.620 align:start position:0% be able to say that they are skilled in 00:27:07.620 --> 00:27:09.769 align:start position:0% be able to say that they are skilled in a<00:27:07.799> certain<00:27:07.980> thing<00:27:08.279> and<00:27:08.880> maybe<00:27:09.059> they<00:27:09.419> can<00:27:09.600> then 00:27:09.769 --> 00:27:09.779 align:start position:0% a certain thing and maybe they can then 00:27:09.779 --> 00:27:12.649 align:start position:0% a certain thing and maybe they can then be<00:27:09.960> a<00:27:10.200> probational<00:27:10.559> period<00:27:11.159> for<00:27:11.820> example<00:27:12.059> if<00:27:12.419> I 00:27:12.649 --> 00:27:12.659 align:start position:0% be a probational period for example if I 00:27:12.659 --> 00:27:15.110 align:start position:0% be a probational period for example if I say<00:27:12.900> I'm<00:27:13.140> a<00:27:13.320> master<00:27:13.500> designer<00:27:14.159> and<00:27:14.580> I<00:27:14.700> join<00:27:14.940> a 00:27:15.110 --> 00:27:15.120 align:start position:0% say I'm a master designer and I join a 00:27:15.120 --> 00:27:17.570 align:start position:0% say I'm a master designer and I join a Dao<00:27:15.419> and<00:27:16.140> you<00:27:16.380> know<00:27:16.500> they<00:27:16.860> don't<00:27:16.980> know<00:27:17.220> it's 00:27:17.570 --> 00:27:17.580 align:start position:0% Dao and you know they don't know it's 00:27:17.580 --> 00:27:19.310 align:start position:0% Dao and you know they don't know it's just<00:27:17.760> self-assessed<00:27:18.480> that<00:27:18.600> I'm<00:27:18.840> so<00:27:19.020> good<00:27:19.140> at 00:27:19.310 --> 00:27:19.320 align:start position:0% just self-assessed that I'm so good at 00:27:19.320 --> 00:27:21.350 align:start position:0% just self-assessed that I'm so good at design<00:27:19.500> then<00:27:20.400> for<00:27:20.640> example<00:27:20.820> if<00:27:21.000> I<00:27:21.179> start 00:27:21.350 --> 00:27:21.360 align:start position:0% design then for example if I start 00:27:21.360 --> 00:27:23.450 align:start position:0% design then for example if I start working<00:27:21.600> with<00:27:21.900> them<00:27:22.020> maybe<00:27:22.620> the<00:27:22.919> money<00:27:23.039> that<00:27:23.279> I 00:27:23.450 --> 00:27:23.460 align:start position:0% working with them maybe the money that I 00:27:23.460 --> 00:27:25.549 align:start position:0% working with them maybe the money that I earn<00:27:23.640> is<00:27:23.940> in<00:27:24.120> an<00:27:24.240> escrow<00:27:24.659> account<00:27:24.900> so<00:27:25.200> like<00:27:25.380> a 00:27:25.549 --> 00:27:25.559 align:start position:0% earn is in an escrow account so like a 00:27:25.559 --> 00:27:27.470 align:start position:0% earn is in an escrow account so like a third<00:27:25.740> party<00:27:25.980> during<00:27:26.760> this<00:27:27.059> probational 00:27:27.470 --> 00:27:27.480 align:start position:0% third party during this probational 00:27:27.480 --> 00:27:31.430 align:start position:0% third party during this probational period<00:27:28.080> for<00:27:28.620> example<00:27:28.860> and<00:27:29.279> if<00:27:29.580> I<00:27:30.480> confirm<00:27:31.260> to 00:27:31.430 --> 00:27:31.440 align:start position:0% period for example and if I confirm to 00:27:31.440 --> 00:27:33.110 align:start position:0% period for example and if I confirm to the<00:27:31.620> Dao<00:27:31.860> if<00:27:32.039> they<00:27:32.220> say<00:27:32.400> actually<00:27:32.640> this<00:27:32.940> person 00:27:33.110 --> 00:27:33.120 align:start position:0% the Dao if they say actually this person 00:27:33.120 --> 00:27:35.570 align:start position:0% the Dao if they say actually this person has<00:27:33.240> been<00:27:33.419> doing<00:27:33.539> a<00:27:33.720> good<00:27:33.840> job<00:27:34.200> then<00:27:35.100> the<00:27:35.460> money 00:27:35.570 --> 00:27:35.580 align:start position:0% has been doing a good job then the money 00:27:35.580 --> 00:27:37.669 align:start position:0% has been doing a good job then the money is<00:27:35.880> paid<00:27:36.059> out<00:27:36.299> or<00:27:36.779> if<00:27:36.960> I<00:27:37.080> don't<00:27:37.200> live<00:27:37.320> up<00:27:37.500> to 00:27:37.669 --> 00:27:37.679 align:start position:0% is paid out or if I don't live up to 00:27:37.679 --> 00:27:39.350 align:start position:0% is paid out or if I don't live up to those<00:27:37.799> expectations<00:27:38.279> then<00:27:38.640> maybe<00:27:38.880> that<00:27:39.179> is 00:27:39.350 --> 00:27:39.360 align:start position:0% those expectations then maybe that is 00:27:39.360 --> 00:27:41.269 align:start position:0% those expectations then maybe that is slashed<00:27:39.960> is<00:27:40.260> that<00:27:40.440> in<00:27:40.740> the<00:27:40.919> right<00:27:41.039> direction 00:27:41.269 --> 00:27:41.279 align:start position:0% slashed is that in the right direction 00:27:41.279 --> 00:27:45.710 align:start position:0% slashed is that in the right direction how<00:27:42.240> do<00:27:42.360> we<00:27:42.539> discover<00:27:42.779> this<00:27:43.440> the<00:27:43.740> skill<00:27:44.100> or 00:27:45.710 --> 00:27:45.720 align:start position:0% how do we discover this the skill or 00:27:45.720 --> 00:27:47.750 align:start position:0% how do we discover this the skill or I<00:27:46.260> am<00:27:46.440> not<00:27:46.559> sure<00:27:46.740> I<00:27:46.860> understand 00:27:47.750 --> 00:27:47.760 align:start position:0% I am not sure I understand 00:27:47.760 --> 00:27:51.529 align:start position:0% I am not sure I understand maybe<00:27:48.360> we<00:27:48.779> can<00:27:48.960> talk<00:27:49.200> later<00:27:49.500> sorry<00:27:49.919> uh<00:27:50.820> because 00:27:51.529 --> 00:27:51.539 align:start position:0% maybe we can talk later sorry uh because 00:27:51.539 --> 00:27:53.990 align:start position:0% maybe we can talk later sorry uh because I<00:27:52.200> think<00:27:52.320> this<00:27:52.559> is<00:27:52.799> a<00:27:52.980> discussion<00:27:53.580> a<00:27:53.760> large 00:27:53.990 --> 00:27:54.000 align:start position:0% I think this is a discussion a large 00:27:54.000 --> 00:27:57.110 align:start position:0% I think this is a discussion a large discussion<00:27:54.600> and<00:27:55.020> anyone<00:27:55.500> has<00:27:55.799> any<00:27:56.220> okay<00:27:56.520> and 00:27:57.110 --> 00:27:57.120 align:start position:0% discussion and anyone has any okay and 00:27:57.120 --> 00:28:00.350 align:start position:0% discussion and anyone has any okay and just<00:27:57.299> the<00:27:57.539> the<00:27:57.720> last<00:27:57.900> one 00:28:00.350 --> 00:28:00.360 align:start position:0% 00:28:00.360 --> 00:28:01.789 align:start position:0% so<00:28:00.779> as<00:28:00.840> you<00:28:01.020> said<00:28:01.140> you're<00:28:01.380> basically 00:28:01.789 --> 00:28:01.799 align:start position:0% so as you said you're basically 00:28:01.799 --> 00:28:04.610 align:start position:0% so as you said you're basically reinvating<00:28:02.400> Reinventing<00:28:03.240> the<00:28:03.419> wheel<00:28:03.659> uh<00:28:04.380> the 00:28:04.610 --> 00:28:04.620 align:start position:0% reinvating Reinventing the wheel uh the 00:28:04.620 --> 00:28:06.110 align:start position:0% reinvating Reinventing the wheel uh the qualification<00:28:05.159> and<00:28:05.460> credential<00:28:05.940> system 00:28:06.110 --> 00:28:06.120 align:start position:0% qualification and credential system 00:28:06.120 --> 00:28:09.470 align:start position:0% qualification and credential system already<00:28:06.360> exists<00:28:06.840> yes<00:28:07.200> non-digital<00:28:07.860> world<00:28:08.480> I 00:28:09.470 --> 00:28:09.480 align:start position:0% already exists yes non-digital world I 00:28:09.480 --> 00:28:10.669 align:start position:0% already exists yes non-digital world I think<00:28:09.600> the<00:28:09.720> biggest<00:28:09.840> problem<00:28:10.080> with<00:28:10.320> scaling 00:28:10.669 --> 00:28:10.679 align:start position:0% think the biggest problem with scaling 00:28:10.679 --> 00:28:13.669 align:start position:0% think the biggest problem with scaling it<00:28:10.799> to<00:28:10.980> the<00:28:11.279> larger<00:28:11.940> size<00:28:12.240> is<00:28:12.539> how<00:28:13.260> you<00:28:13.380> rate 00:28:13.669 --> 00:28:13.679 align:start position:0% it to the larger size is how you rate 00:28:13.679 --> 00:28:16.970 align:start position:0% it to the larger size is how you rate the<00:28:14.039> issuers<00:28:14.520> so<00:28:15.299> how<00:28:15.960> you<00:28:16.140> actually<00:28:16.320> make 00:28:16.970 --> 00:28:16.980 align:start position:0% the issuers so how you actually make 00:28:16.980 --> 00:28:18.289 align:start position:0% the issuers so how you actually make sure<00:28:17.159> that<00:28:17.460> the<00:28:17.640> people<00:28:17.820> that<00:28:18.059> give 00:28:18.289 --> 00:28:18.299 align:start position:0% sure that the people that give 00:28:18.299 --> 00:28:21.049 align:start position:0% sure that the people that give credentials<00:28:19.020> are<00:28:19.440> the<00:28:19.620> reputable<00:28:20.159> entities 00:28:21.049 --> 00:28:21.059 align:start position:0% credentials are the reputable entities 00:28:21.059 --> 00:28:23.269 align:start position:0% credentials are the reputable entities yeah<00:28:21.840> I<00:28:22.140> think<00:28:22.320> this<00:28:22.740> is<00:28:22.860> going<00:28:22.980> to<00:28:23.100> happen 00:28:23.269 --> 00:28:23.279 align:start position:0% yeah I think this is going to happen 00:28:23.279 --> 00:28:25.610 align:start position:0% yeah I think this is going to happen organically<00:28:24.000> I<00:28:24.840> think<00:28:24.960> there's<00:28:25.200> going<00:28:25.440> to<00:28:25.500> be 00:28:25.610 --> 00:28:25.620 align:start position:0% organically I think there's going to be 00:28:25.620 --> 00:28:27.590 align:start position:0% organically I think there's going to be a<00:28:25.799> lot<00:28:25.919> of<00:28:26.039> projects<00:28:26.520> issuing<00:28:27.179> a<00:28:27.360> lot<00:28:27.480> of 00:28:27.590 --> 00:28:27.600 align:start position:0% a lot of projects issuing a lot of 00:28:27.600 --> 00:28:30.049 align:start position:0% a lot of projects issuing a lot of credentials<00:28:28.200> in<00:28:28.500> the<00:28:28.620> next<00:28:28.740> few<00:28:28.919> years<00:28:29.159> and<00:28:29.940> I 00:28:30.049 --> 00:28:30.059 align:start position:0% credentials in the next few years and I 00:28:30.059 --> 00:28:31.430 align:start position:0% credentials in the next few years and I think<00:28:30.179> it's<00:28:30.299> going<00:28:30.480> to<00:28:30.600> happen<00:28:30.779> organically 00:28:31.430 --> 00:28:31.440 align:start position:0% think it's going to happen organically 00:28:31.440 --> 00:28:33.590 align:start position:0% think it's going to happen organically based<00:28:31.919> on<00:28:31.980> how<00:28:32.340> people<00:28:32.580> interact<00:28:33.120> with<00:28:33.299> these 00:28:33.590 --> 00:28:33.600 align:start position:0% based on how people interact with these 00:28:33.600 --> 00:28:36.350 align:start position:0% based on how people interact with these credentials<00:28:34.080> so<00:28:34.320> is<00:28:34.799> there<00:28:34.980> a<00:28:35.159> threshold<00:28:35.580> is 00:28:36.350 --> 00:28:36.360 align:start position:0% credentials so is there a threshold is 00:28:36.360 --> 00:28:38.930 align:start position:0% credentials so is there a threshold is the<00:28:36.539> system<00:28:36.779> robustly<00:28:37.559> designed<00:28:38.159> is<00:28:38.700> the 00:28:38.930 --> 00:28:38.940 align:start position:0% the system robustly designed is the 00:28:38.940 --> 00:28:40.490 align:start position:0% the system robustly designed is the system<00:28:39.120> transparent<00:28:39.840> so<00:28:40.080> people<00:28:40.260> can 00:28:40.490 --> 00:28:40.500 align:start position:0% system transparent so people can 00:28:40.500 --> 00:28:43.130 align:start position:0% system transparent so people can understand<00:28:40.740> how<00:28:41.640> things<00:28:41.820> are<00:28:42.059> weighted<00:28:42.539> and 00:28:43.130 --> 00:28:43.140 align:start position:0% understand how things are weighted and 00:28:43.140 --> 00:28:45.110 align:start position:0% understand how things are weighted and how<00:28:43.500> you<00:28:43.679> collect<00:28:43.980> these<00:28:44.400> Badges<00:28:44.760> and<00:28:44.940> these 00:28:45.110 --> 00:28:45.120 align:start position:0% how you collect these Badges and these 00:28:45.120 --> 00:28:47.450 align:start position:0% how you collect these Badges and these skill<00:28:45.360> systems<00:28:45.840> I<00:28:46.440> think<00:28:46.559> there's<00:28:47.100> going<00:28:47.340> to 00:28:47.450 --> 00:28:47.460 align:start position:0% skill systems I think there's going to 00:28:47.460 --> 00:28:50.450 align:start position:0% skill systems I think there's going to be<00:28:47.580> an<00:28:48.120> avalanche<00:28:48.779> really<00:28:49.020> of<00:28:49.500> these<00:28:49.980> skills 00:28:50.450 --> 00:28:50.460 align:start position:0% be an avalanche really of these skills 00:28:50.460 --> 00:28:52.610 align:start position:0% be an avalanche really of these skills systems<00:28:50.940> and<00:28:51.179> badge<00:28:51.600> issuers<00:28:52.260> and<00:28:52.440> whatever 00:28:52.610 --> 00:28:52.620 align:start position:0% systems and badge issuers and whatever 00:28:52.620 --> 00:28:55.070 align:start position:0% systems and badge issuers and whatever and<00:28:53.220> it's<00:28:53.400> going<00:28:53.580> to<00:28:53.700> take<00:28:53.880> time<00:28:54.240> for<00:28:54.840> that 00:28:55.070 --> 00:28:55.080 align:start position:0% and it's going to take time for that 00:28:55.080 --> 00:28:57.529 align:start position:0% and it's going to take time for that kind<00:28:55.380> of<00:28:55.500> to<00:28:55.740> stabilize<00:28:56.279> and<00:28:57.000> people<00:28:57.299> actually 00:28:57.529 --> 00:28:57.539 align:start position:0% kind of to stabilize and people actually 00:28:57.539 --> 00:28:59.330 align:start position:0% kind of to stabilize and people actually starting<00:28:57.900> to<00:28:58.080> realize<00:28:58.380> which<00:28:58.740> ones<00:28:59.039> do<00:28:59.159> we 00:28:59.330 --> 00:28:59.340 align:start position:0% starting to realize which ones do we 00:28:59.340 --> 00:29:02.149 align:start position:0% starting to realize which ones do we take<00:28:59.460> seriously<00:29:00.000> and<00:29:00.299> which<00:29:00.900> not<00:29:01.200> so<00:29:01.740> I<00:29:02.039> don't 00:29:02.149 --> 00:29:02.159 align:start position:0% take seriously and which not so I don't 00:29:02.159 --> 00:29:04.549 align:start position:0% take seriously and which not so I don't think<00:29:02.400> it's<00:29:02.700> as<00:29:02.880> easy<00:29:03.059> as<00:29:03.360> you<00:29:03.720> know<00:29:03.779> somebody 00:29:04.549 --> 00:29:04.559 align:start position:0% think it's as easy as you know somebody 00:29:04.559 --> 00:29:08.330 align:start position:0% think it's as easy as you know somebody uh<00:29:05.460> vetting<00:29:06.299> you<00:29:06.779> know<00:29:06.900> a<00:29:07.320> issuance<00:29:08.039> system 00:29:08.330 --> 00:29:08.340 align:start position:0% uh vetting you know a issuance system 00:29:08.340 --> 00:29:10.250 align:start position:0% uh vetting you know a issuance system and<00:29:08.580> saying<00:29:08.880> this<00:29:09.000> one's<00:29:09.240> really<00:29:09.419> good<00:29:09.659> I 00:29:10.250 --> 00:29:10.260 align:start position:0% and saying this one's really good I 00:29:10.260 --> 00:29:11.210 align:start position:0% and saying this one's really good I think<00:29:10.380> it's<00:29:10.500> going<00:29:10.679> to<00:29:10.799> happen<00:29:10.919> more 00:29:11.210 --> 00:29:11.220 align:start position:0% think it's going to happen more 00:29:11.220 --> 00:29:14.870 align:start position:0% think it's going to happen more organically<00:29:11.700> but<00:29:12.059> this<00:29:12.299> is<00:29:12.419> just<00:29:12.600> my<00:29:12.900> opinion 00:29:14.870 --> 00:29:14.880 align:start position:0% organically but this is just my opinion 00:29:14.880 --> 00:29:19.190 align:start position:0% organically but this is just my opinion okay<00:29:15.360> that's<00:29:15.720> it<00:29:15.900> so<00:29:16.020> okay<00:29:16.500> yeah<00:29:17.220> we<00:29:17.760> are 00:29:19.190 --> 00:29:19.200 align:start position:0% okay that's it so okay yeah we are 00:29:19.200 --> 00:29:20.510 align:start position:0% okay that's it so okay yeah we are we<00:29:19.260> don't<00:29:19.740> have<00:29:19.919> thank<00:29:20.159> you<00:29:20.279> very<00:29:20.399> much 00:29:20.510 --> 00:29:20.520 align:start position:0% we don't have thank you very much 00:29:20.520 --> 00:29:21.750 align:start position:0% we don't have thank you very much everyone<00:29:20.760> yeah 00:29:21.750 --> 00:29:21.760 align:start position:0% everyone yeah 00:29:21.760 --> 00:29:27.329 align:start position:0% everyone yeah [Applause]