WEBVTT Kind: captions Language: en 00:00:00.030 --> 00:00:04.519 align:start position:0% I'm<00:00:00.210> from<00:00:00.539> democracy<00:00:01.500> not<00:00:02.070> earth<00:00:02.340> and<00:00:03.529> we're 00:00:04.519 --> 00:00:04.529 align:start position:0% I'm from democracy not earth and we're 00:00:04.529 --> 00:00:06.170 align:start position:0% I'm from democracy not earth and we're an<00:00:04.620> organization<00:00:05.250> that<00:00:05.460> is<00:00:05.580> trying<00:00:05.879> to<00:00:05.940> figure 00:00:06.170 --> 00:00:06.180 align:start position:0% an organization that is trying to figure 00:00:06.180 --> 00:00:08.990 align:start position:0% an organization that is trying to figure out<00:00:06.390> what<00:00:06.660> democracy<00:00:06.990> means<00:00:07.379> or<00:00:08.370> stand<00:00:08.790> for 00:00:08.990 --> 00:00:09.000 align:start position:0% out what democracy means or stand for 00:00:09.000 --> 00:00:13.669 align:start position:0% out what democracy means or stand for democracy<00:00:10.700> with<00:00:11.700> encrypted<00:00:12.150> networks<00:00:12.679> any 00:00:13.669 --> 00:00:13.679 align:start position:0% democracy with encrypted networks any 00:00:13.679 --> 00:00:16.450 align:start position:0% democracy with encrypted networks any kind<00:00:13.980> of<00:00:14.099> network<00:00:14.309> including<00:00:15.240> nation-states 00:00:16.450 --> 00:00:16.460 align:start position:0% kind of network including nation-states 00:00:16.460 --> 00:00:18.950 align:start position:0% kind of network including nation-states so<00:00:17.460> we're<00:00:17.640> in<00:00:17.760> an<00:00:17.850> organization<00:00:18.359> that<00:00:18.480> it's<00:00:18.630> in 00:00:18.950 --> 00:00:18.960 align:start position:0% so we're in an organization that it's in 00:00:18.960 --> 00:00:23.000 align:start position:0% so we're in an organization that it's in the<00:00:19.230> middle<00:00:19.740> of<00:00:21.020> activists<00:00:22.020> in<00:00:22.109> politics<00:00:22.650> and 00:00:23.000 --> 00:00:23.010 align:start position:0% the middle of activists in politics and 00:00:23.010 --> 00:00:27.830 align:start position:0% the middle of activists in politics and crypto<00:00:23.789> and<00:00:23.970> hacking<00:00:25.010> so<00:00:26.300> every<00:00:27.300> coin<00:00:27.480> has<00:00:27.539> two 00:00:27.830 --> 00:00:27.840 align:start position:0% crypto and hacking so every coin has two 00:00:27.840 --> 00:00:31.400 align:start position:0% crypto and hacking so every coin has two sides<00:00:28.140> and<00:00:28.830> in<00:00:29.429> governance<00:00:29.939> those<00:00:30.840> two<00:00:31.080> sides 00:00:31.400 --> 00:00:31.410 align:start position:0% sides and in governance those two sides 00:00:31.410 --> 00:00:33.889 align:start position:0% sides and in governance those two sides it's<00:00:31.920> certainly<00:00:32.430> you<00:00:32.910> know<00:00:33.030> moving<00:00:33.570> between 00:00:33.889 --> 00:00:33.899 align:start position:0% it's certainly you know moving between 00:00:33.899 --> 00:00:36.650 align:start position:0% it's certainly you know moving between the<00:00:34.200> land<00:00:34.440> and<00:00:34.620> the<00:00:34.920> cloud<00:00:35.190> this<00:00:36.059> was<00:00:36.300> a<00:00:36.329> thesis 00:00:36.650 --> 00:00:36.660 align:start position:0% the land and the cloud this was a thesis 00:00:36.660 --> 00:00:39.170 align:start position:0% the land and the cloud this was a thesis originally<00:00:37.440> exposed<00:00:37.860> by<00:00:38.129> Balaji<00:00:38.610> serene 00:00:39.170 --> 00:00:39.180 align:start position:0% originally exposed by Balaji serene 00:00:39.180 --> 00:00:41.660 align:start position:0% originally exposed by Balaji serene inverse<00:00:39.480> and<00:00:39.719> he's<00:00:40.290> now<00:00:40.440> the<00:00:40.469> CTO<00:00:41.040> of<00:00:41.129> coinbase 00:00:41.660 --> 00:00:41.670 align:start position:0% inverse and he's now the CTO of coinbase 00:00:41.670 --> 00:00:44.150 align:start position:0% inverse and he's now the CTO of coinbase so<00:00:42.270> he<00:00:42.510> certainly<00:00:42.809> is<00:00:43.230> closer<00:00:43.590> to<00:00:43.739> the<00:00:43.950> cloud 00:00:44.150 --> 00:00:44.160 align:start position:0% so he certainly is closer to the cloud 00:00:44.160 --> 00:00:48.709 align:start position:0% so he certainly is closer to the cloud now<00:00:45.170> but<00:00:46.640> if<00:00:47.640> we<00:00:47.879> look<00:00:48.030> closely<00:00:48.300> at<00:00:48.570> what's 00:00:48.709 --> 00:00:48.719 align:start position:0% now but if we look closely at what's 00:00:48.719 --> 00:00:51.290 align:start position:0% now but if we look closely at what's happening<00:00:49.110> in<00:00:49.200> the<00:00:49.440> land<00:00:49.739> and<00:00:49.920> the<00:00:50.160> cloud<00:00:50.399> the 00:00:51.290 --> 00:00:51.300 align:start position:0% happening in the land and the cloud the 00:00:51.300 --> 00:00:54.860 align:start position:0% happening in the land and the cloud the land<00:00:51.510> is<00:00:51.840> pretty<00:00:52.140> much<00:00:52.379> broken<00:00:52.789> democracy<00:00:53.870> the 00:00:54.860 --> 00:00:54.870 align:start position:0% land is pretty much broken democracy the 00:00:54.870 --> 00:00:57.020 align:start position:0% land is pretty much broken democracy the voter<00:00:55.050> turnout<00:00:55.649> even<00:00:56.129> in<00:00:56.250> developed<00:00:56.640> nations 00:00:57.020 --> 00:00:57.030 align:start position:0% voter turnout even in developed nations 00:00:57.030 --> 00:00:59.200 align:start position:0% voter turnout even in developed nations has<00:00:57.239> been<00:00:57.420> going<00:00:57.719> down<00:00:57.750> since<00:00:58.320> the<00:00:58.500> 70s 00:00:59.200 --> 00:00:59.210 align:start position:0% has been going down since the 70s 00:00:59.210 --> 00:01:01.910 align:start position:0% has been going down since the 70s there's<00:01:00.210> complete<00:01:00.840> lack<00:01:01.079> of<00:01:01.109> citizen<00:01:01.710> control 00:01:01.910 --> 00:01:01.920 align:start position:0% there's complete lack of citizen control 00:01:01.920 --> 00:01:04.929 align:start position:0% there's complete lack of citizen control in<00:01:02.340> electoral<00:01:02.730> processes<00:01:03.300> no<00:01:04.049> transparency 00:01:04.929 --> 00:01:04.939 align:start position:0% in electoral processes no transparency 00:01:04.939 --> 00:01:08.530 align:start position:0% in electoral processes no transparency nation<00:01:05.939> states<00:01:06.270> are<00:01:06.479> fragmenting<00:01:07.290> and 00:01:08.530 --> 00:01:08.540 align:start position:0% nation states are fragmenting and 00:01:08.540 --> 00:01:10.880 align:start position:0% nation states are fragmenting and there's<00:01:09.540> the<00:01:09.720> rise<00:01:09.930> of<00:01:10.110> autocrats 00:01:10.880 --> 00:01:10.890 align:start position:0% there's the rise of autocrats 00:01:10.890 --> 00:01:13.730 align:start position:0% there's the rise of autocrats which<00:01:11.549> some<00:01:12.180> people<00:01:12.360> you<00:01:12.900> know<00:01:12.930> perceive<00:01:13.560> us 00:01:13.730 --> 00:01:13.740 align:start position:0% which some people you know perceive us 00:01:13.740 --> 00:01:15.590 align:start position:0% which some people you know perceive us are<00:01:13.920> very<00:01:14.070> bad<00:01:14.400> thing<00:01:14.700> and<00:01:14.970> other<00:01:15.210> people 00:01:15.590 --> 00:01:15.600 align:start position:0% are very bad thing and other people 00:01:15.600 --> 00:01:18.800 align:start position:0% are very bad thing and other people perceive<00:01:15.810> us<00:01:16.200> just<00:01:16.830> an<00:01:17.330> acceleration<00:01:18.330> of<00:01:18.570> the 00:01:18.800 --> 00:01:18.810 align:start position:0% perceive us just an acceleration of the 00:01:18.810 --> 00:01:23.870 align:start position:0% perceive us just an acceleration of the system<00:01:19.250> ending<00:01:20.250> soon<00:01:21.799> the<00:01:22.799> land<00:01:23.040> consists<00:01:23.790> of 00:01:23.870 --> 00:01:23.880 align:start position:0% system ending soon the land consists of 00:01:23.880 --> 00:01:25.910 align:start position:0% system ending soon the land consists of government's<00:01:24.479> consists<00:01:25.110> of<00:01:25.200> those<00:01:25.470> entities 00:01:25.910 --> 00:01:25.920 align:start position:0% government's consists of those entities 00:01:25.920 --> 00:01:28.010 align:start position:0% government's consists of those entities that<00:01:26.250> control<00:01:26.460> the<00:01:26.850> territory<00:01:27.060> consists<00:01:27.960> of 00:01:28.010 --> 00:01:28.020 align:start position:0% that control the territory consists of 00:01:28.020 --> 00:01:30.020 align:start position:0% that control the territory consists of those<00:01:28.200> entities<00:01:28.530> that<00:01:28.920> control<00:01:29.159> or<00:01:29.610> bodies 00:01:30.020 --> 00:01:30.030 align:start position:0% those entities that control or bodies 00:01:30.030 --> 00:01:33.499 align:start position:0% those entities that control or bodies and<00:01:30.619> the<00:01:31.619> cloud<00:01:31.880> consists<00:01:32.880> of<00:01:32.970> those<00:01:33.180> entities 00:01:33.499 --> 00:01:33.509 align:start position:0% and the cloud consists of those entities 00:01:33.509 --> 00:01:35.390 align:start position:0% and the cloud consists of those entities that<00:01:33.720> control<00:01:34.079> the<00:01:34.500> mind<00:01:34.740> that<00:01:35.040> control 00:01:35.390 --> 00:01:35.400 align:start position:0% that control the mind that control 00:01:35.400 --> 00:01:39.590 align:start position:0% that control the mind that control information<00:01:35.640> and<00:01:36.950> the<00:01:38.119> the<00:01:39.119> challenge<00:01:39.540> that 00:01:39.590 --> 00:01:39.600 align:start position:0% information and the the challenge that 00:01:39.600 --> 00:01:41.060 align:start position:0% information and the the challenge that we're<00:01:39.900> facing<00:01:39.930> right<00:01:40.409> now<00:01:40.439> is<00:01:40.770> that<00:01:40.950> the 00:01:41.060 --> 00:01:41.070 align:start position:0% we're facing right now is that the 00:01:41.070 --> 00:01:43.370 align:start position:0% we're facing right now is that the influence<00:01:41.460> in<00:01:41.640> social<00:01:42.060> of<00:01:42.270> social<00:01:42.810> media<00:01:43.170> in 00:01:43.370 --> 00:01:43.380 align:start position:0% influence in social of social media in 00:01:43.380 --> 00:01:45.649 align:start position:0% influence in social of social media in democratic<00:01:44.189> processes<00:01:44.610> around<00:01:44.850> the<00:01:45.149> world<00:01:45.390> is 00:01:45.649 --> 00:01:45.659 align:start position:0% democratic processes around the world is 00:01:45.659 --> 00:01:48.200 align:start position:0% democratic processes around the world is undeniable<00:01:46.500> and<00:01:46.799> social<00:01:47.520> media<00:01:47.640> we<00:01:47.909> know<00:01:48.030> this 00:01:48.200 --> 00:01:48.210 align:start position:0% undeniable and social media we know this 00:01:48.210 --> 00:01:50.359 align:start position:0% undeniable and social media we know this problem<00:01:48.540> very<00:01:48.659> well<00:01:48.780> there's<00:01:49.380> centralization 00:01:50.359 --> 00:01:50.369 align:start position:0% problem very well there's centralization 00:01:50.369 --> 00:01:53.660 align:start position:0% problem very well there's centralization of<00:01:50.490> data<00:01:50.729> no<00:01:51.479> ownership<00:01:52.079> of<00:01:52.229> identity<00:01:52.860> they 00:01:53.660 --> 00:01:53.670 align:start position:0% of data no ownership of identity they 00:01:53.670 --> 00:01:55.429 align:start position:0% of data no ownership of identity they are<00:01:53.729> farming<00:01:54.180> user<00:01:54.390> attention<00:01:54.960> you<00:01:55.200> know<00:01:55.290> I'm 00:01:55.429 --> 00:01:55.439 align:start position:0% are farming user attention you know I'm 00:01:55.439 --> 00:02:00.679 align:start position:0% are farming user attention you know I'm preaching<00:01:55.680> to<00:01:55.979> the<00:01:56.100> corporally<00:01:56.960> over<00:01:57.960> here<00:01:59.689> so 00:02:00.679 --> 00:02:00.689 align:start position:0% preaching to the corporally over here so 00:02:00.689 --> 00:02:02.590 align:start position:0% preaching to the corporally over here so what's<00:02:00.960> the<00:02:01.110> origin<00:02:01.409> of<00:02:01.649> the<00:02:01.740> nation-state 00:02:02.590 --> 00:02:02.600 align:start position:0% what's the origin of the nation-state 00:02:02.600 --> 00:02:05.690 align:start position:0% what's the origin of the nation-state most<00:02:03.600> historians<00:02:04.020> agree<00:02:04.350> that<00:02:04.560> after<00:02:05.399> 30 00:02:05.690 --> 00:02:05.700 align:start position:0% most historians agree that after 30 00:02:05.700 --> 00:02:08.779 align:start position:0% most historians agree that after 30 years<00:02:05.850> of<00:02:06.299> war<00:02:06.540> in<00:02:06.600> Europe<00:02:07.280> they<00:02:08.280> came<00:02:08.580> to 00:02:08.779 --> 00:02:08.789 align:start position:0% years of war in Europe they came to 00:02:08.789 --> 00:02:11.210 align:start position:0% years of war in Europe they came to negotiate<00:02:09.420> the<00:02:09.660> Treaty<00:02:09.989> of<00:02:10.110> Westphalia<00:02:10.679> which 00:02:11.210 --> 00:02:11.220 align:start position:0% negotiate the Treaty of Westphalia which 00:02:11.220 --> 00:02:13.820 align:start position:0% negotiate the Treaty of Westphalia which was<00:02:11.459> a<00:02:11.599> peace<00:02:12.599> treaty<00:02:12.780> that<00:02:13.200> brought 00:02:13.820 --> 00:02:13.830 align:start position:0% was a peace treaty that brought 00:02:13.830 --> 00:02:16.700 align:start position:0% was a peace treaty that brought a<00:02:13.860> particular<00:02:14.430> novelty<00:02:15.180> in<00:02:15.420> the<00:02:15.630> process<00:02:16.110> to 00:02:16.700 --> 00:02:16.710 align:start position:0% a particular novelty in the process to 00:02:16.710 --> 00:02:18.950 align:start position:0% a particular novelty in the process to deliver<00:02:16.890> peace<00:02:17.310> in<00:02:17.580> Europe<00:02:18.000> that<00:02:18.540> was<00:02:18.720> this 00:02:18.950 --> 00:02:18.960 align:start position:0% deliver peace in Europe that was this 00:02:18.960 --> 00:02:21.740 align:start position:0% deliver peace in Europe that was this principle<00:02:19.710> of<00:02:19.890> non<00:02:20.310> domestic<00:02:20.940> intervention 00:02:21.740 --> 00:02:21.750 align:start position:0% principle of non domestic intervention 00:02:21.750 --> 00:02:24.170 align:start position:0% principle of non domestic intervention with<00:02:22.260> will<00:02:22.620> draw<00:02:22.860> borders<00:02:23.100> and<00:02:23.580> you<00:02:23.610> don't 00:02:24.170 --> 00:02:24.180 align:start position:0% with will draw borders and you don't 00:02:24.180 --> 00:02:26.300 align:start position:0% with will draw borders and you don't mess<00:02:24.390> on<00:02:24.600> my<00:02:24.720> domestic<00:02:25.260> affairs<00:02:25.650> and<00:02:25.860> I<00:02:26.010> won't 00:02:26.300 --> 00:02:26.310 align:start position:0% mess on my domestic affairs and I won't 00:02:26.310 --> 00:02:28.820 align:start position:0% mess on my domestic affairs and I won't mess<00:02:26.550> on<00:02:26.730> your<00:02:26.760> domestic<00:02:27.570> affairs<00:02:27.960> and<00:02:28.230> this 00:02:28.820 --> 00:02:28.830 align:start position:0% mess on your domestic affairs and this 00:02:28.830 --> 00:02:30.980 align:start position:0% mess on your domestic affairs and this gave<00:02:29.040> rise<00:02:29.340> to<00:02:29.370> another<00:02:30.120> new<00:02:30.510> consciousness 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position:0% Cardinal Richelieu who started prioritizing<00:02:40.610> the<00:02:41.610> interest<00:02:42.120> of<00:02:42.270> the<00:02:42.420> state 00:02:42.770 --> 00:02:42.780 align:start position:0% prioritizing the interest of the state 00:02:42.780 --> 00:02:46.220 align:start position:0% prioritizing the interest of the state over<00:02:43.490> Catholic<00:02:44.490> or<00:02:44.760> religious<00:02:45.360> interests<00:02:46.110> or 00:02:46.220 --> 00:02:46.230 align:start position:0% over Catholic or religious interests or 00:02:46.230 --> 00:02:49.610 align:start position:0% over Catholic or religious interests or over<00:02:47.300> monarchical<00:02:48.330> interests<00:02:48.990> so<00:02:49.410> for 00:02:49.610 --> 00:02:49.620 align:start position:0% over monarchical interests so for 00:02:49.620 --> 00:02:52.850 align:start position:0% over monarchical interests so for example<00:02:50.130> keeping<00:02:51.080> fragmented<00:02:52.080> Germany<00:02:52.620> which 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nation-state<00:03:10.370> is<00:03:11.370> this<00:03:11.850> nash<00:03:12.600> equilibrium<00:03:13.470> of 00:03:13.580 --> 00:03:13.590 align:start position:0% nation-state is this nash equilibrium of 00:03:13.590 --> 00:03:16.940 align:start position:0% nation-state is this nash equilibrium of nations<00:03:14.160> where<00:03:14.880> the<00:03:15.209> best<00:03:15.420> move<00:03:15.810> is<00:03:16.200> not<00:03:16.620> to 00:03:16.940 --> 00:03:16.950 align:start position:0% nations where the best move is not to 00:03:16.950 --> 00:03:19.699 align:start position:0% nations where the best move is not to move<00:03:17.300> you<00:03:18.300> know<00:03:18.420> if<00:03:18.600> i<00:03:18.750> attack<00:03:19.080> this<00:03:19.290> nation 00:03:19.699 --> 00:03:19.709 align:start position:0% move you know if i attack this nation 00:03:19.709 --> 00:03:21.890 align:start position:0% move you know if i attack this nation then<00:03:19.860> this<00:03:20.100> nation<00:03:20.430> will<00:03:20.580> attack<00:03:20.910> me<00:03:21.120> so<00:03:21.690> we 00:03:21.890 --> 00:03:21.900 align:start position:0% then this nation will attack me so we 00:03:21.900 --> 00:03:23.630 align:start position:0% then this nation will attack me so we are<00:03:21.989> all<00:03:22.140> threatening<00:03:22.709> each<00:03:22.830> other<00:03:23.040> in<00:03:23.310> a<00:03:23.400> way 00:03:23.630 --> 00:03:23.640 align:start position:0% are all threatening each other in a way 00:03:23.640 --> 00:03:25.729 align:start position:0% are all threatening each other in a way that<00:03:23.880> keeps<00:03:24.060> an<00:03:24.300> equilibrium<00:03:24.690> of<00:03:25.080> power<00:03:25.350> and 00:03:25.729 --> 00:03:25.739 align:start position:0% that keeps an equilibrium of power and 00:03:25.739 --> 00:03:29.180 align:start position:0% that keeps an equilibrium of power and we<00:03:26.250> can<00:03:26.550> try<00:03:27.269> to<00:03:27.300> keep<00:03:27.989> the<00:03:28.200> peace<00:03:28.410> within<00:03:28.739> a<00:03:28.950> an 00:03:29.180 --> 00:03:29.190 align:start position:0% we can try to keep the peace within a an 00:03:29.190 --> 00:03:32.290 align:start position:0% we can try to keep the peace within a an extended<00:03:30.030> third<00:03:30.300> territory 00:03:32.290 --> 00:03:32.300 align:start position:0% extended third territory 00:03:32.300 --> 00:03:37.910 align:start position:0% extended third territory so<00:03:34.400> eventually<00:03:35.400> these<00:03:36.239> equilibriums<00:03:37.080> start 00:03:37.910 --> 00:03:37.920 align:start position:0% so eventually these equilibriums start 00:03:37.920 --> 00:03:40.970 align:start position:0% so eventually these equilibriums start breaking<00:03:38.340> apart<00:03:38.459> and<00:03:39.080> notoriously<00:03:40.080> is<00:03:40.709> the 00:03:40.970 --> 00:03:40.980 align:start position:0% breaking apart and notoriously is the 00:03:40.980 --> 00:03:43.070 align:start position:0% breaking apart and notoriously is the fall<00:03:41.250> of<00:03:41.280> the<00:03:41.580> Berlin<00:03:41.940> Wall<00:03:42.150> the<00:03:42.420> fall<00:03:42.720> of<00:03:42.750> the 00:03:43.070 --> 00:03:43.080 align:start position:0% fall of the Berlin Wall the fall of the 00:03:43.080 --> 00:03:44.509 align:start position:0% fall of the Berlin Wall the fall of the Berlin<00:03:43.380> Wall 00:03:44.509 --> 00:03:44.519 align:start position:0% Berlin Wall 00:03:44.519 --> 00:03:47.479 align:start position:0% Berlin Wall according<00:03:45.120> to<00:03:45.239> the<00:03:45.360> thesis<00:03:45.570> of<00:03:46.019> the<00:03:46.489> sovereign 00:03:47.479 --> 00:03:47.489 align:start position:0% according to the thesis of the sovereign 00:03:47.489 --> 00:03:50.330 align:start position:0% according to the thesis of the sovereign individual<00:03:48.180> is<00:03:48.600> not<00:03:48.959> the<00:03:49.350> first<00:03:49.590> that<00:03:49.920> the 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with the end of the nation-state and the<00:04:06.120> reason<00:04:06.510> I<00:04:06.540> am<00:04:06.720> picturing<00:04:06.989> Tetris<00:04:07.769> there 00:04:08.060 --> 00:04:08.070 align:start position:0% the reason I am picturing Tetris there 00:04:08.070 --> 00:04:10.340 align:start position:0% the reason I am picturing Tetris there is<00:04:08.280> because<00:04:08.730> the<00:04:09.540> same<00:04:09.780> year<00:04:10.110> that<00:04:10.140> the 00:04:10.340 --> 00:04:10.350 align:start position:0% is because the same year that the 00:04:10.350 --> 00:04:12.470 align:start position:0% is because the same year that the following<00:04:10.739> Berlin<00:04:11.310> Wall<00:04:11.519> fell<00:04:11.549> the<00:04:12.269> most 00:04:12.470 --> 00:04:12.480 align:start position:0% following Berlin Wall fell the most 00:04:12.480 --> 00:04:14.479 align:start position:0% following Berlin Wall fell the most successful<00:04:13.110> video<00:04:13.320> game<00:04:13.680> in<00:04:13.920> the<00:04:14.040> Western 00:04:14.479 --> 00:04:14.489 align:start position:0% successful video game in the Western 00:04:14.489 --> 00:04:17.479 align:start position:0% successful video game in the Western world<00:04:14.760> was<00:04:15.360> Tetris<00:04:15.959> that<00:04:16.200> was<00:04:16.410> developed<00:04:17.370> by<00:04:17.430> a 00:04:17.479 --> 00:04:17.489 align:start position:0% world was Tetris that was developed by a 00:04:17.489 --> 00:04:20.210 align:start position:0% world was Tetris that was developed by a Russian<00:04:18.120> who<00:04:18.630> never<00:04:18.870> saw<00:04:19.140> a<00:04:19.169> dime<00:04:19.470> actually 00:04:20.210 --> 00:04:20.220 align:start position:0% Russian who never saw a dime actually 00:04:20.220 --> 00:04:21.800 align:start position:0% Russian who never saw a dime actually the<00:04:20.340> Russian<00:04:20.669> government<00:04:21.150> still<00:04:21.479> saw<00:04:21.750> the 00:04:21.800 --> 00:04:21.810 align:start position:0% the Russian government still saw the 00:04:21.810 --> 00:04:23.900 align:start position:0% the Russian government still saw the royalties<00:04:22.470> of<00:04:22.650> that<00:04:22.860> but<00:04:23.370> it<00:04:23.430> was<00:04:23.580> a<00:04:23.610> game 00:04:23.900 --> 00:04:23.910 align:start position:0% royalties of that but it was a game 00:04:23.910 --> 00:04:26.540 align:start position:0% royalties of that but it was a game about<00:04:24.120> turning<00:04:24.780> bringing<00:04:25.530> down<00:04:25.710> a<00:04:25.770> wall<00:04:26.100> it<00:04:26.400> is 00:04:26.540 --> 00:04:26.550 align:start position:0% about turning bringing down a wall it is 00:04:26.550 --> 00:04:27.600 align:start position:0% about turning bringing down a wall it is a<00:04:26.580> game<00:04:26.880> about 00:04:27.600 --> 00:04:27.610 align:start position:0% a game about 00:04:27.610 --> 00:04:31.619 align:start position:0% a game about you<00:04:28.479> know<00:04:28.569> bringing<00:04:29.199> walls<00:04:29.530> down<00:04:29.800> so<00:04:30.629> it's 00:04:31.619 --> 00:04:31.629 align:start position:0% you know bringing walls down so it's 00:04:31.629 --> 00:04:33.899 align:start position:0% you know bringing walls down so it's certainly<00:04:32.319> interesting<00:04:32.680> to<00:04:33.159> see<00:04:33.340> that<00:04:33.580> you 00:04:33.899 --> 00:04:33.909 align:start position:0% certainly interesting to see that you 00:04:33.909 --> 00:04:36.540 align:start position:0% certainly interesting to see that you know<00:04:33.969> how<00:04:34.750> digital<00:04:35.110> technology<00:04:36.039> has<00:04:36.370> been 00:04:36.540 --> 00:04:36.550 align:start position:0% know how digital technology has been 00:04:36.550 --> 00:04:39.179 align:start position:0% know how digital technology has been shaping<00:04:36.849> and<00:04:37.150> influencing<00:04:37.780> our<00:04:38.530> perception 00:04:39.179 --> 00:04:39.189 align:start position:0% shaping and influencing our perception 00:04:39.189 --> 00:04:40.770 align:start position:0% shaping and influencing our perception of<00:04:39.280> the<00:04:39.400> world<00:04:39.430> since<00:04:39.879> the<00:04:39.969> early<00:04:40.300> days<00:04:40.330> even 00:04:40.770 --> 00:04:40.780 align:start position:0% of the world since the early days even 00:04:40.780 --> 00:04:45.600 align:start position:0% of the world since the early days even in<00:04:40.990> handheld<00:04:41.199> devices<00:04:42.960> so<00:04:43.960> now<00:04:44.169> the<00:04:45.039> problem 00:04:45.600 --> 00:04:45.610 align:start position:0% in handheld devices so now the problem 00:04:45.610 --> 00:04:47.129 align:start position:0% in handheld devices so now the problem with<00:04:45.909> this<00:04:46.150> equilibriums<00:04:46.810> is<00:04:46.960> that 00:04:47.129 --> 00:04:47.139 align:start position:0% with this equilibriums is that 00:04:47.139 --> 00:04:49.050 align:start position:0% with this equilibriums is that eventually<00:04:47.770> you<00:04:47.889> have<00:04:48.069> these<00:04:48.280> players<00:04:48.580> that 00:04:49.050 --> 00:04:49.060 align:start position:0% eventually you have these players that 00:04:49.060 --> 00:04:51.959 align:start position:0% eventually you have these players that exploit<00:04:49.840> them<00:04:50.110> that<00:04:50.560> find<00:04:50.919> some<00:04:51.250> than<00:04:51.639> some 00:04:51.959 --> 00:04:51.969 align:start position:0% exploit them that find some than some 00:04:51.969 --> 00:04:53.969 align:start position:0% exploit them that find some than some specific<00:04:52.659> strategies<00:04:53.259> and<00:04:53.439> specific 00:04:53.969 --> 00:04:53.979 align:start position:0% specific strategies and specific 00:04:53.979 --> 00:04:56.369 align:start position:0% specific strategies and specific vulnerability<00:04:54.819> within<00:04:55.539> the<00:04:55.810> countries<00:04:56.229> or 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around<00:05:15.099> the<00:05:15.219> world 00:05:15.450 --> 00:05:15.460 align:start position:0% subverting democracies around the world 00:05:15.460 --> 00:05:18.300 align:start position:0% subverting democracies around the world through<00:05:16.449> the<00:05:16.569> use<00:05:16.779> of<00:05:16.810> false<00:05:17.289> propaganda<00:05:17.740> fake 00:05:18.300 --> 00:05:18.310 align:start position:0% through the use of false propaganda fake 00:05:18.310 --> 00:05:21.179 align:start position:0% through the use of false propaganda fake news<00:05:18.610> or<00:05:18.939> maybe<00:05:19.180> real<00:05:19.479> news<00:05:19.750> who<00:05:20.020> knows<00:05:20.229> by 00:05:21.179 --> 00:05:21.189 align:start position:0% news or maybe real news who knows by 00:05:21.189 --> 00:05:23.369 align:start position:0% news or maybe real news who knows by exploiting<00:05:21.580> social<00:05:22.389> media<00:05:22.719> by<00:05:22.840> exploiting 00:05:23.369 --> 00:05:23.379 align:start position:0% exploiting social media by exploiting 00:05:23.379 --> 00:05:25.230 align:start position:0% exploiting social media by exploiting the<00:05:23.469> algorithms<00:05:24.039> that<00:05:24.580> have<00:05:24.759> been<00:05:24.819> used 00:05:25.230 --> 00:05:25.240 align:start position:0% the algorithms that have been used 00:05:25.240 --> 00:05:28.589 align:start position:0% the algorithms that have been used before<00:05:25.449> to<00:05:25.960> actually<00:05:26.289> instill<00:05:27.250> or<00:05:28.120> tumble 00:05:28.589 --> 00:05:28.599 align:start position:0% before to actually instill or tumble 00:05:28.599 --> 00:05:30.570 align:start position:0% before to actually instill or tumble government's<00:05:29.169> elsewhere<00:05:29.680> like<00:05:29.949> in<00:05:30.159> the<00:05:30.279> Arab 00:05:30.570 --> 00:05:30.580 align:start position:0% government's elsewhere like in the Arab 00:05:30.580 --> 00:05:32.969 align:start position:0% government's elsewhere like in the Arab Spring<00:05:30.870> where<00:05:31.870> Facebook<00:05:32.289> was<00:05:32.469> also<00:05:32.830> very 00:05:32.969 --> 00:05:32.979 align:start position:0% Spring where Facebook was also very 00:05:32.979 --> 00:05:35.879 align:start position:0% Spring where Facebook was also very influential<00:05:33.490> in<00:05:34.089> driving<00:05:34.690> those<00:05:34.960> riots<00:05:35.440> in 00:05:35.879 --> 00:05:35.889 align:start position:0% influential in driving those riots in 00:05:35.889 --> 00:05:38.700 align:start position:0% influential in driving those riots in Egypt<00:05:36.339> so<00:05:36.940> the<00:05:37.690> interesting<00:05:37.960> thing<00:05:38.169> now<00:05:38.500> is 00:05:38.700 --> 00:05:38.710 align:start position:0% Egypt so the interesting thing now is 00:05:38.710 --> 00:05:40.980 align:start position:0% Egypt so the interesting thing now is that<00:05:38.740> it's<00:05:39.039> you<00:05:39.669> know<00:05:39.729> having<00:05:40.300> an<00:05:40.389> impact<00:05:40.659> home 00:05:40.980 --> 00:05:40.990 align:start position:0% that it's you know having an impact home 00:05:40.990 --> 00:05:42.629 align:start position:0% that it's you know having an impact home you<00:05:41.379> know<00:05:41.440> the<00:05:41.650> big<00:05:41.830> question<00:05:41.860> after<00:05:42.490> the 00:05:42.629 --> 00:05:42.639 align:start position:0% you know the big question after the 00:05:42.639 --> 00:05:45.329 align:start position:0% you know the big question after the election<00:05:43.060> of<00:05:43.120> Donald<00:05:43.449> Trump<00:05:43.750> is<00:05:44.379> whether<00:05:45.190> or 00:05:45.329 --> 00:05:45.339 align:start position:0% election of Donald Trump is whether or 00:05:45.339 --> 00:05:47.730 align:start position:0% election of Donald Trump is whether or not<00:05:45.400> there<00:05:45.789> was<00:05:45.940> influence<00:05:46.599> of<00:05:46.810> social<00:05:47.199> media 00:05:47.730 --> 00:05:47.740 align:start position:0% not there was influence of social media 00:05:47.740 --> 00:05:49.649 align:start position:0% not there was influence of social media or<00:05:47.949> fake<00:05:48.460> propaganda<00:05:49.060> frake<00:05:49.270> Russian 00:05:49.649 --> 00:05:49.659 align:start position:0% or fake propaganda frake Russian 00:05:49.659 --> 00:05:52.680 align:start position:0% or fake propaganda frake Russian propaganda<00:05:50.259> in<00:05:50.860> the<00:05:51.099> election<00:05:51.550> or<00:05:52.060> in<00:05:52.240> America 00:05:52.680 --> 00:05:52.690 align:start position:0% propaganda in the election or in America 00:05:52.690 --> 00:05:55.670 align:start position:0% propaganda in the election or in America itself<00:05:53.020> so<00:05:53.919> you<00:05:54.729> know<00:05:54.819> it's<00:05:54.969> interesting<00:05:55.150> that 00:05:55.670 --> 00:05:55.680 align:start position:0% itself so you know it's interesting that 00:05:55.680 --> 00:05:58.290 align:start position:0% itself so you know it's interesting that the<00:05:56.680> election<00:05:57.069> of<00:05:57.159> Trump<00:05:57.460> seems<00:05:57.729> to<00:05:57.819> be<00:05:57.909> very 00:05:58.290 --> 00:05:58.300 align:start position:0% the election of Trump seems to be very 00:05:58.300 --> 00:06:00.269 align:start position:0% the election of Trump seems to be very much<00:05:58.449> dialectic<00:05:59.319> connected<00:05:59.740> to<00:05:59.949> the<00:06:00.069> fall<00:06:00.250> of 00:06:00.269 --> 00:06:00.279 align:start position:0% much dialectic connected to the fall of 00:06:00.279 --> 00:06:01.619 align:start position:0% much dialectic connected to the fall of the<00:06:00.400> Berlin<00:06:00.759> Wall 00:06:01.619 --> 00:06:01.629 align:start position:0% the Berlin Wall 00:06:01.629 --> 00:06:04.260 align:start position:0% the Berlin Wall most<00:06:02.169> of<00:06:02.349> the<00:06:02.469> Russian<00:06:02.680> money<00:06:02.979> after<00:06:03.339> the<00:06:03.520> end 00:06:04.260 --> 00:06:04.270 align:start position:0% most of the Russian money after the end 00:06:04.270 --> 00:06:05.879 align:start position:0% most of the Russian money after the end of<00:06:04.389> the<00:06:04.539> Soviet<00:06:04.900> bloc<00:06:04.930> was<00:06:05.379> actually<00:06:05.710> being 00:06:05.879 --> 00:06:05.889 align:start position:0% of the Soviet bloc was actually being 00:06:05.889 --> 00:06:08.070 align:start position:0% of the Soviet bloc was actually being laundered<00:06:06.129> using<00:06:06.849> you<00:06:07.150> know<00:06:07.210> Trump<00:06:07.539> Tower<00:06:07.750> and 00:06:08.070 --> 00:06:08.080 align:start position:0% laundered using you know Trump Tower and 00:06:08.080 --> 00:06:10.439 align:start position:0% laundered using you know Trump Tower and Trump<00:06:08.379> properties<00:06:08.860> around<00:06:09.009> the<00:06:09.250> world<00:06:09.460> so<00:06:09.699> we 00:06:10.439 --> 00:06:10.449 align:start position:0% Trump properties around the world so we 00:06:10.449 --> 00:06:13.499 align:start position:0% Trump properties around the world so we are<00:06:11.039> witnessing<00:06:12.039> this<00:06:12.250> greater<00:06:12.669> geopolitical 00:06:13.499 --> 00:06:13.509 align:start position:0% are witnessing this greater geopolitical 00:06:13.509 --> 00:06:16.769 align:start position:0% are witnessing this greater geopolitical trends<00:06:14.500> that<00:06:14.919> are<00:06:15.039> shaping<00:06:15.310> up<00:06:15.610> our<00:06:16.210> relation 00:06:16.769 --> 00:06:16.779 align:start position:0% trends that are shaping up our relation 00:06:16.779 --> 00:06:18.959 align:start position:0% trends that are shaping up our relation with<00:06:17.169> with<00:06:17.500> with<00:06:17.830> the<00:06:17.919> political<00:06:18.430> world<00:06:18.669> that 00:06:18.959 --> 00:06:18.969 align:start position:0% with with with the political world that 00:06:18.969 --> 00:06:21.659 align:start position:0% with with with the political world that we're<00:06:19.150> living<00:06:19.300> in<00:06:19.539> the<00:06:20.349> bottom<00:06:20.650> line<00:06:20.889> is<00:06:21.279> that 00:06:21.659 --> 00:06:21.669 align:start position:0% we're living in the bottom line is that 00:06:21.669 --> 00:06:23.700 align:start position:0% we're living in the bottom line is that the<00:06:22.150> internet<00:06:22.599> is<00:06:22.810> incompatible<00:06:23.409> with 00:06:23.700 --> 00:06:23.710 align:start position:0% the internet is incompatible with 00:06:23.710 --> 00:06:26.189 align:start position:0% the internet is incompatible with nation-states<00:06:24.610> I<00:06:24.909> think<00:06:25.539> this<00:06:25.659> is<00:06:25.810> a<00:06:25.930> very 00:06:26.189 --> 00:06:26.199 align:start position:0% nation-states I think this is a very 00:06:26.199 --> 00:06:28.170 align:start position:0% nation-states I think this is a very relevant<00:06:26.560> narrative<00:06:27.159> that<00:06:27.339> we<00:06:27.550> need<00:06:27.759> to<00:06:27.879> start 00:06:28.170 --> 00:06:28.180 align:start position:0% relevant narrative that we need to start 00:06:28.180 --> 00:06:30.749 align:start position:0% relevant narrative that we need to start putting<00:06:28.509> out<00:06:28.659> there<00:06:28.930> we<00:06:29.589> need<00:06:29.740> to<00:06:30.099> start<00:06:30.370> you 00:06:30.749 --> 00:06:30.759 align:start position:0% putting out there we need to start you 00:06:30.759 --> 00:06:32.790 align:start position:0% putting out there we need to start you know<00:06:30.849> getting<00:06:31.139> everyone<00:06:32.139> to<00:06:32.259> embrace<00:06:32.379> the 00:06:32.790 --> 00:06:32.800 align:start position:0% know getting everyone to embrace the 00:06:32.800 --> 00:06:34.890 align:start position:0% know getting everyone to embrace the fact<00:06:33.069> that<00:06:33.219> you<00:06:33.849> know<00:06:33.969> we<00:06:34.120> have<00:06:34.360> globalized 00:06:34.890 --> 00:06:34.900 align:start position:0% fact that you know we have globalized 00:06:34.900 --> 00:06:36.809 align:start position:0% fact that you know we have globalized commerce<00:06:35.409> we<00:06:35.589> have<00:06:35.740> globalized<00:06:36.190> merchandise 00:06:36.809 --> 00:06:36.819 align:start position:0% commerce we have globalized merchandise 00:06:36.819 --> 00:06:39.149 align:start position:0% commerce we have globalized merchandise and<00:06:37.000> finance<00:06:37.509> but<00:06:38.409> certainly<00:06:38.860> you<00:06:39.039> know 00:06:39.149 --> 00:06:39.159 align:start position:0% and finance but certainly you know 00:06:39.159 --> 00:06:41.399 align:start position:0% and finance but certainly you know keeping<00:06:39.430> political<00:06:40.209> tied<00:06:40.479> to<00:06:40.719> silos 00:06:41.399 --> 00:06:41.409 align:start position:0% keeping political tied to silos 00:06:41.409 --> 00:06:45.109 align:start position:0% keeping political tied to silos to<00:06:41.469> territorial<00:06:42.069> silos<00:06:42.629> it's<00:06:43.629> no<00:06:44.019> longer 00:06:45.109 --> 00:06:45.119 align:start position:0% to territorial silos it's no longer 00:06:45.119 --> 00:06:47.339 align:start position:0% to territorial silos it's no longer possible<00:06:46.119> in<00:06:46.330> a<00:06:46.419> world<00:06:46.659> that<00:06:46.839> it's<00:06:47.019> already 00:06:47.339 --> 00:06:47.349 align:start position:0% possible in a world that it's already 00:06:47.349 --> 00:06:51.239 align:start position:0% possible in a world that it's already connected<00:06:47.919> by<00:06:48.399> the<00:06:48.459> internet<00:06:48.610> so<00:06:49.569> I<00:06:50.249> think 00:06:51.239 --> 00:06:51.249 align:start position:0% connected by the internet so I think 00:06:51.249 --> 00:06:54.029 align:start position:0% connected by the internet so I think that<00:06:51.369> a<00:06:51.550> big<00:06:51.879> lesson<00:06:52.419> of<00:06:52.689> the<00:06:53.229> trauma<00:06:53.589> that 00:06:54.029 --> 00:06:54.039 align:start position:0% that a big lesson of the trauma that 00:06:54.039 --> 00:06:56.040 align:start position:0% that a big lesson of the trauma that came<00:06:54.309> after<00:06:54.819> the<00:06:54.969> election<00:06:55.360> of<00:06:55.449> Donald<00:06:55.719> Trump 00:06:56.040 --> 00:06:56.050 align:start position:0% came after the election of Donald Trump 00:06:56.050 --> 00:06:58.469 align:start position:0% came after the election of Donald Trump through<00:06:56.499> fake<00:06:57.009> propaganda<00:06:57.759> exploiting 00:06:58.469 --> 00:06:58.479 align:start position:0% through fake propaganda exploiting 00:06:58.479 --> 00:07:00.449 align:start position:0% through fake propaganda exploiting Facebook<00:06:58.839> algorithms<00:06:59.409> coming<00:06:59.800> from<00:06:59.949> Russians 00:07:00.449 --> 00:07:00.459 align:start position:0% Facebook algorithms coming from Russians 00:07:00.459 --> 00:07:03.149 align:start position:0% Facebook algorithms coming from Russians question<00:07:01.360> mark<00:07:01.599> is<00:07:01.839> that<00:07:02.349> you<00:07:02.709> know<00:07:02.800> let's 00:07:03.149 --> 00:07:03.159 align:start position:0% question mark is that you know let's 00:07:03.159 --> 00:07:05.279 align:start position:0% question mark is that you know let's assume<00:07:03.489> the<00:07:04.119> fact<00:07:04.389> that<00:07:04.479> the<00:07:04.689> Internet<00:07:05.110> is 00:07:05.279 --> 00:07:05.289 align:start position:0% assume the fact that the Internet is 00:07:05.289 --> 00:07:09.749 align:start position:0% assume the fact that the Internet is incompatible<00:07:05.889> with<00:07:06.159> nation-states<00:07:07.649> so<00:07:08.759> how 00:07:09.749 --> 00:07:09.759 align:start position:0% incompatible with nation-states so how 00:07:09.759 --> 00:07:12.209 align:start position:0% incompatible with nation-states so how bad<00:07:10.059> is<00:07:10.300> it<00:07:10.330> really<00:07:10.659> you<00:07:11.139> know<00:07:11.259> are<00:07:11.499> we<00:07:11.709> in<00:07:11.979> this 00:07:12.209 --> 00:07:12.219 align:start position:0% bad is it really you know are we in this 00:07:12.219 --> 00:07:14.999 align:start position:0% bad is it really you know are we in this mr.<00:07:12.939> robot<00:07:13.449> world<00:07:13.689> where<00:07:14.050> everything<00:07:14.889> is 00:07:14.999 --> 00:07:15.009 align:start position:0% mr. robot world where everything is 00:07:15.009 --> 00:07:17.069 align:start position:0% mr. robot world where everything is coming<00:07:15.219> down<00:07:15.369> is<00:07:15.819> you<00:07:16.059> know<00:07:16.209> our<00:07:16.419> democracy 00:07:17.069 --> 00:07:17.079 align:start position:0% coming down is you know our democracy 00:07:17.079 --> 00:07:19.189 align:start position:0% coming down is you know our democracy has<00:07:17.259> been<00:07:17.469> hacked<00:07:17.769> you<00:07:18.009> know<00:07:18.159> are<00:07:18.369> we<00:07:18.399> getting 00:07:19.189 --> 00:07:19.199 align:start position:0% has been hacked you know are we getting 00:07:19.199 --> 00:07:21.899 align:start position:0% has been hacked you know are we getting you<00:07:20.199> know<00:07:20.289> all<00:07:20.829> kinds<00:07:21.159> of<00:07:21.249> weird<00:07:21.489> thoughts<00:07:21.759> in 00:07:21.899 --> 00:07:21.909 align:start position:0% you know all kinds of weird thoughts in 00:07:21.909 --> 00:07:23.279 align:start position:0% you know all kinds of weird thoughts in our<00:07:21.999> minds<00:07:22.269> as<00:07:22.389> we<00:07:22.509> keep<00:07:22.659> interacting<00:07:23.169> with 00:07:23.279 --> 00:07:23.289 align:start position:0% our minds as we keep interacting with 00:07:23.289 --> 00:07:23.969 align:start position:0% our minds as we keep interacting with these<00:07:23.379> networks 00:07:23.969 --> 00:07:23.979 align:start position:0% these networks 00:07:23.979 --> 00:07:26.549 align:start position:0% these networks well<00:07:24.669> I<00:07:24.969> always<00:07:25.539> wonder<00:07:25.959> when<00:07:26.110> I<00:07:26.139> was<00:07:26.379> watching 00:07:26.549 --> 00:07:26.559 align:start position:0% well I always wonder when I was watching 00:07:26.559 --> 00:07:28.379 align:start position:0% well I always wonder when I was watching this<00:07:26.829> show<00:07:27.069> mr.<00:07:27.399> robot<00:07:27.729> what<00:07:28.059> would<00:07:28.239> it<00:07:28.360> look 00:07:28.379 --> 00:07:28.389 align:start position:0% this show mr. robot what would it look 00:07:28.389 --> 00:07:30.419 align:start position:0% this show mr. robot what would it look like<00:07:28.599> like<00:07:29.019> if<00:07:29.349> suddenly<00:07:29.739> everything<00:07:30.189> hacked 00:07:30.419 --> 00:07:30.429 align:start position:0% like like if suddenly everything hacked 00:07:30.429 --> 00:07:32.189 align:start position:0% like like if suddenly everything hacked and<00:07:30.699> how<00:07:30.939> would<00:07:31.149> it<00:07:31.179> be<00:07:31.419> portrayed<00:07:31.929> in<00:07:32.079> the 00:07:32.189 --> 00:07:32.199 align:start position:0% and how would it be portrayed in the 00:07:32.199 --> 00:07:33.689 align:start position:0% and how would it be portrayed in the media<00:07:32.379> and<00:07:32.709> you<00:07:32.800> know<00:07:33.039> we<00:07:33.189> would<00:07:33.369> get<00:07:33.489> all 00:07:33.689 --> 00:07:33.699 align:start position:0% media and you know we would get all 00:07:33.699 --> 00:07:35.429 align:start position:0% media and you know we would get all paranoid<00:07:34.149> trying<00:07:34.599> to<00:07:34.719> get<00:07:34.899> our<00:07:35.019> cash<00:07:35.199> out<00:07:35.409> of 00:07:35.429 --> 00:07:35.439 align:start position:0% paranoid trying to get our cash out of 00:07:35.439 --> 00:07:36.959 align:start position:0% paranoid trying to get our cash out of the<00:07:35.559> bank<00:07:35.769> something<00:07:36.669> that<00:07:36.789> I<00:07:36.819> actually 00:07:36.959 --> 00:07:36.969 align:start position:0% the bank something that I actually 00:07:36.969 --> 00:07:38.549 align:start position:0% the bank something that I actually experienced<00:07:37.629> many<00:07:37.809> times<00:07:38.079> living<00:07:38.499> in 00:07:38.549 --> 00:07:38.559 align:start position:0% experienced many times living in 00:07:38.559 --> 00:07:42.779 align:start position:0% experienced many times living in Argentina<00:07:40.259> well<00:07:41.259> it<00:07:41.469> is<00:07:41.649> pretty<00:07:41.889> bad<00:07:42.159> actually 00:07:42.779 --> 00:07:42.789 align:start position:0% Argentina well it is pretty bad actually 00:07:42.789 --> 00:07:46.079 align:start position:0% Argentina well it is pretty bad actually like<00:07:43.119> a<00:07:43.389> very<00:07:43.929> quick<00:07:44.469> search<00:07:44.829> on<00:07:45.219> Google<00:07:45.789> and 00:07:46.079 --> 00:07:46.089 align:start position:0% like a very quick search on Google and 00:07:46.089 --> 00:07:48.600 align:start position:0% like a very quick search on Google and gives<00:07:46.779> me<00:07:46.990> these<00:07:47.199> headlines<00:07:47.949> from<00:07:48.249> all 00:07:48.600 --> 00:07:48.610 align:start position:0% gives me these headlines from all 00:07:48.610 --> 00:07:50.730 align:start position:0% gives me these headlines from all different<00:07:48.759> kinds<00:07:49.179> of<00:07:49.269> news<00:07:49.479> sources<00:07:49.659> that<00:07:50.110> are 00:07:50.730 --> 00:07:50.740 align:start position:0% different kinds of news sources that are 00:07:50.740 --> 00:07:53.100 align:start position:0% different kinds of news sources that are about<00:07:51.009> this<00:07:51.189> massive<00:07:51.699> identity<00:07:52.269> leaks<00:07:52.479> 50 00:07:53.100 --> 00:07:53.110 align:start position:0% about this massive identity leaks 50 00:07:53.110 --> 00:07:54.869 align:start position:0% about this massive identity leaks 50 million<00:07:53.499> users<00:07:53.829> on<00:07:53.979> Facebook<00:07:54.039> you<00:07:54.550> got<00:07:54.699> one 00:07:54.869 --> 00:07:54.879 align:start position:0% million users on Facebook you got one 00:07:54.879 --> 00:07:56.909 align:start position:0% million users on Facebook you got one title<00:07:55.240> saying<00:07:55.419> 29<00:07:55.929> million<00:07:56.169> another<00:07:56.589> title 00:07:56.909 --> 00:07:56.919 align:start position:0% title saying 29 million another title 00:07:56.919 --> 00:08:00.179 align:start position:0% title saying 29 million another title saying<00:07:57.129> 90<00:07:57.550> million<00:07:58.139> won<00:07:59.139> only<00:07:59.589> one<00:08:00.009> is 00:08:00.179 --> 00:08:00.189 align:start position:0% saying 90 million won only one is 00:08:00.189 --> 00:08:04.139 align:start position:0% saying 90 million won only one is already<00:08:00.369> enough<00:08:01.860> LinkedIn<00:08:02.939> 6.5<00:08:03.939> million 00:08:04.139 --> 00:08:04.149 align:start position:0% already enough LinkedIn 6.5 million 00:08:04.149 --> 00:08:05.969 align:start position:0% already enough LinkedIn 6.5 million stolen<00:08:04.629> passwords<00:08:05.050> it's<00:08:05.199> actually<00:08:05.499> 72 00:08:05.969 --> 00:08:05.979 align:start position:0% stolen passwords it's actually 72 00:08:05.979 --> 00:08:08.999 align:start position:0% stolen passwords it's actually 72 million<00:08:06.339> uber<00:08:07.209> 57<00:08:07.959> million<00:08:08.259> users<00:08:08.589> data 00:08:08.999 --> 00:08:09.009 align:start position:0% million uber 57 million users data 00:08:09.009 --> 00:08:14.069 align:start position:0% million uber 57 million users data Equifax<00:08:10.259> 143<00:08:11.259> million<00:08:12.629> credit<00:08:13.629> reporting 00:08:14.069 --> 00:08:14.079 align:start position:0% Equifax 143 million credit reporting 00:08:14.079 --> 00:08:17.819 align:start position:0% Equifax 143 million credit reporting history<00:08:14.589> of<00:08:15.399> Americans<00:08:16.179> in<00:08:16.629> the<00:08:16.749> u.s.<00:08:17.079> so<00:08:17.739> it 00:08:17.819 --> 00:08:17.829 align:start position:0% history of Americans in the u.s. so it 00:08:17.829 --> 00:08:20.189 align:start position:0% history of Americans in the u.s. so it looks<00:08:18.039> really<00:08:18.729> really<00:08:18.759> bad<00:08:19.300> when<00:08:19.749> you<00:08:19.899> start 00:08:20.189 --> 00:08:20.199 align:start position:0% looks really really bad when you start 00:08:20.199 --> 00:08:22.019 align:start position:0% looks really really bad when you start you<00:08:20.589> know<00:08:20.649> putting<00:08:20.919> all<00:08:21.159> of<00:08:21.189> these<00:08:21.399> headlines 00:08:22.019 --> 00:08:22.029 align:start position:0% you know putting all of these headlines 00:08:22.029 --> 00:08:24.569 align:start position:0% you know putting all of these headlines together<00:08:22.449> and<00:08:22.779> actually<00:08:23.619> there<00:08:24.189> is<00:08:24.339> people 00:08:24.569 --> 00:08:24.579 align:start position:0% together and actually there is people 00:08:24.579 --> 00:08:28.679 align:start position:0% together and actually there is people putting<00:08:25.029> these<00:08:25.329> headlines<00:08:25.800> together<00:08:27.689> there's 00:08:28.679 --> 00:08:28.689 align:start position:0% putting these headlines together there's 00:08:28.689 --> 00:08:30.329 align:start position:0% putting these headlines together there's someone<00:08:29.079> that<00:08:29.110> is<00:08:29.289> actually<00:08:29.709> this<00:08:29.860> is<00:08:30.009> a<00:08:30.039> very 00:08:30.329 --> 00:08:30.339 align:start position:0% someone that is actually this is a very 00:08:30.339 --> 00:08:32.129 align:start position:0% someone that is actually this is a very cool<00:08:30.610> decentralized<00:08:31.329> application<00:08:31.959> by<00:08:32.110> the 00:08:32.129 --> 00:08:32.139 align:start position:0% cool decentralized application by the 00:08:32.139 --> 00:08:34.199 align:start position:0% cool decentralized application by the way<00:08:32.409> it's<00:08:32.889> 45<00:08:33.519> gigabytes 00:08:34.199 --> 00:08:34.209 align:start position:0% way it's 45 gigabytes 00:08:34.209 --> 00:08:36.449 align:start position:0% way it's 45 gigabytes it's<00:08:34.419> not<00:08:34.689> as<00:08:34.870> big<00:08:35.079> as<00:08:35.259> the<00:08:35.860> block<00:08:36.039> chains<00:08:36.309> out 00:08:36.449 --> 00:08:36.459 align:start position:0% it's not as big as the block chains out 00:08:36.459 --> 00:08:38.519 align:start position:0% it's not as big as the block chains out there<00:08:36.669> but<00:08:36.849> it's<00:08:36.969> getting<00:08:37.269> big<00:08:37.449> and<00:08:37.809> that<00:08:38.409> is 00:08:38.519 --> 00:08:38.529 align:start position:0% there but it's getting big and that is 00:08:38.529 --> 00:08:40.619 align:start position:0% there but it's getting big and that is aggregating<00:08:39.219> each<00:08:39.430> and<00:08:39.669> every<00:08:39.969> single<00:08:40.240> one<00:08:40.569> of 00:08:40.619 --> 00:08:40.629 align:start position:0% aggregating each and every single one of 00:08:40.629 --> 00:08:43.379 align:start position:0% aggregating each and every single one of these<00:08:40.839> leaks<00:08:41.139> on<00:08:41.349> a<00:08:41.379> single<00:08:41.949> text-based<00:08:42.909> file 00:08:43.379 --> 00:08:43.389 align:start position:0% these leaks on a single text-based file 00:08:43.389 --> 00:08:47.009 align:start position:0% these leaks on a single text-based file that<00:08:44.019> you<00:08:44.139> can<00:08:44.290> access<00:08:44.529> via<00:08:44.980> BitTorrent<00:08:46.019> and 00:08:47.009 --> 00:08:47.019 align:start position:0% that you can access via BitTorrent and 00:08:47.019 --> 00:08:50.400 align:start position:0% that you can access via BitTorrent and for<00:08:47.410> example<00:08:47.829> this<00:08:47.949> this<00:08:48.309> file<00:08:48.579> has<00:08:49.410> 1.6 00:08:50.400 --> 00:08:50.410 align:start position:0% for example this this file has 1.6 00:08:50.410 --> 00:08:53.160 align:start position:0% for example this this file has 1.6 billion<00:08:50.740> email<00:08:51.610> password<00:08:52.089> combinations<00:08:52.899> and 00:08:53.160 --> 00:08:53.170 align:start position:0% billion email password combinations and 00:08:53.170 --> 00:08:55.360 align:start position:0% billion email password combinations and if<00:08:53.649> you<00:08:53.769> are<00:08:53.889> wondering<00:08:54.160> if<00:08:54.610> your<00:08:54.790> email 00:08:55.360 --> 00:08:55.370 align:start position:0% if you are wondering if your email 00:08:55.370 --> 00:08:57.579 align:start position:0% if you are wondering if your email combination<00:08:56.150> is<00:08:56.240> there<00:08:56.510> I<00:08:56.810> have<00:08:57.110> done<00:08:57.260> a<00:08:57.290> test 00:08:57.579 --> 00:08:57.589 align:start position:0% combination is there I have done a test 00:08:57.589 --> 00:09:00.070 align:start position:0% combination is there I have done a test with<00:08:57.770> my<00:08:57.920> friends<00:08:58.370> 80<00:08:58.850> percent<00:08:59.450> chances<00:08:59.870> is 00:09:00.070 --> 00:09:00.080 align:start position:0% with my friends 80 percent chances is 00:09:00.080 --> 00:09:01.930 align:start position:0% with my friends 80 percent chances is that<00:09:00.260> it<00:09:00.440> is<00:09:00.650> there<00:09:00.920> at<00:09:01.130> least<00:09:01.430> a<00:09:01.550> password 00:09:01.930 --> 00:09:01.940 align:start position:0% that it is there at least a password 00:09:01.940 --> 00:09:04.329 align:start position:0% that it is there at least a password that<00:09:02.089> you'd<00:09:02.240> use<00:09:02.390> until<00:09:02.920> 2012-2013 00:09:04.329 --> 00:09:04.339 align:start position:0% that you'd use until 2012-2013 00:09:04.339 --> 00:09:06.340 align:start position:0% that you'd use until 2012-2013 from<00:09:04.880> what<00:09:05.060> we've<00:09:05.210> been<00:09:05.240> able<00:09:05.480> to<00:09:05.779> analyze 00:09:06.340 --> 00:09:06.350 align:start position:0% from what we've been able to analyze 00:09:06.350 --> 00:09:09.430 align:start position:0% from what we've been able to analyze from<00:09:06.529> this<00:09:06.970> and<00:09:07.970> like<00:09:08.450> everyone<00:09:09.080> is<00:09:09.200> there 00:09:09.430 --> 00:09:09.440 align:start position:0% from this and like everyone is there 00:09:09.440 --> 00:09:11.350 align:start position:0% from this and like everyone is there yeah<00:09:09.770> you<00:09:10.279> know<00:09:10.370> you<00:09:10.460> can<00:09:10.700> look<00:09:10.880> I<00:09:11.000> look<00:09:11.180> for 00:09:11.350 --> 00:09:11.360 align:start position:0% yeah you know you can look I look for 00:09:11.360 --> 00:09:13.210 align:start position:0% yeah you know you can look I look for the<00:09:11.480> President<00:09:11.900> of<00:09:12.020> Argentina<00:09:12.110> I<00:09:12.680> look<00:09:12.950> for 00:09:13.210 --> 00:09:13.220 align:start position:0% the President of Argentina I look for 00:09:13.220 --> 00:09:15.970 align:start position:0% the President of Argentina I look for you<00:09:13.730> know<00:09:13.820> a<00:09:13.850> lot<00:09:14.180> of<00:09:14.380> personalities<00:09:15.380> and<00:09:15.710> I 00:09:15.970 --> 00:09:15.980 align:start position:0% you know a lot of personalities and I 00:09:15.980 --> 00:09:17.860 align:start position:0% you know a lot of personalities and I look<00:09:16.160> for<00:09:16.310> Zuckerberg<00:09:16.790> of<00:09:16.940> course<00:09:17.180> and<00:09:17.570> you 00:09:17.860 --> 00:09:17.870 align:start position:0% look for Zuckerberg of course and you 00:09:17.870 --> 00:09:20.829 align:start position:0% look for Zuckerberg of course and you know<00:09:17.960> karma<00:09:18.410> and<00:09:18.980> the<00:09:19.970> interesting<00:09:20.450> thing<00:09:20.480> is 00:09:20.829 --> 00:09:20.839 align:start position:0% know karma and the interesting thing is 00:09:20.839 --> 00:09:23.620 align:start position:0% know karma and the interesting thing is that<00:09:21.050> you<00:09:22.010> know<00:09:22.130> among<00:09:22.820> they<00:09:22.970> of<00:09:23.150> course<00:09:23.330> many 00:09:23.620 --> 00:09:23.630 align:start position:0% that you know among they of course many 00:09:23.630 --> 00:09:25.870 align:start position:0% that you know among they of course many of<00:09:23.690> these<00:09:23.900> are<00:09:24.200> you<00:09:24.470> know<00:09:24.500> probably<00:09:25.130> not<00:09:25.640> real 00:09:25.870 --> 00:09:25.880 align:start position:0% of these are you know probably not real 00:09:25.880 --> 00:09:28.829 align:start position:0% of these are you know probably not real but<00:09:26.360> this<00:09:26.779> looked<00:09:27.020> pretty<00:09:27.080> real<00:09:27.500> to<00:09:27.589> me<00:09:27.860> and 00:09:28.829 --> 00:09:28.839 align:start position:0% but this looked pretty real to me and 00:09:28.839 --> 00:09:31.450 align:start position:0% but this looked pretty real to me and you<00:09:29.839> know<00:09:29.960> the<00:09:30.410> thing<00:09:30.620> about<00:09:30.710> Zak<00:09:31.100> is<00:09:31.279> that 00:09:31.450 --> 00:09:31.460 align:start position:0% you know the thing about Zak is that 00:09:31.460 --> 00:09:33.490 align:start position:0% you know the thing about Zak is that he's<00:09:31.670> colorblind<00:09:32.000> and<00:09:32.450> he<00:09:32.750> cannot<00:09:33.050> see<00:09:33.320> the 00:09:33.490 --> 00:09:33.500 align:start position:0% he's colorblind and he cannot see the 00:09:33.500 --> 00:09:36.790 align:start position:0% he's colorblind and he cannot see the color<00:09:33.710> green<00:09:34.010> so<00:09:34.990> makes<00:09:35.990> you<00:09:36.140> wonder<00:09:36.380> maybe 00:09:36.790 --> 00:09:36.800 align:start position:0% color green so makes you wonder maybe 00:09:36.800 --> 00:09:38.470 align:start position:0% color green so makes you wonder maybe you<00:09:37.220> know<00:09:37.310> these<00:09:37.580> could<00:09:37.850> be<00:09:38.000> some<00:09:38.240> of<00:09:38.270> the 00:09:38.470 --> 00:09:38.480 align:start position:0% you know these could be some of the 00:09:38.480 --> 00:09:40.120 align:start position:0% you know these could be some of the passwords<00:09:38.870> he<00:09:38.960> used<00:09:39.140> on<00:09:39.260> the<00:09:39.350> past<00:09:39.589> it's<00:09:39.920> it's 00:09:40.120 --> 00:09:40.130 align:start position:0% passwords he used on the past it's it's 00:09:40.130 --> 00:09:42.370 align:start position:0% passwords he used on the past it's it's karma<00:09:40.520> you<00:09:40.610> know<00:09:40.700> Tom<00:09:41.660> York<00:09:41.930> said<00:09:42.170> that<00:09:42.320> the 00:09:42.370 --> 00:09:42.380 align:start position:0% karma you know Tom York said that the 00:09:42.380 --> 00:09:44.320 align:start position:0% karma you know Tom York said that the idea<00:09:42.560> of<00:09:42.620> karma<00:09:42.890> was<00:09:43.190> a<00:09:43.520> good<00:09:43.820> idea<00:09:44.120> because 00:09:44.320 --> 00:09:44.330 align:start position:0% idea of karma was a good idea because 00:09:44.330 --> 00:09:46.150 align:start position:0% idea of karma was a good idea because the<00:09:44.480> minute<00:09:44.839> you<00:09:44.930> start<00:09:45.170> believing<00:09:45.680> in<00:09:45.800> it<00:09:45.950> it 00:09:46.150 --> 00:09:46.160 align:start position:0% the minute you start believing in it it 00:09:46.160 --> 00:09:52.950 align:start position:0% the minute you start believing in it it becomes<00:09:46.670> true<00:09:47.350> so<00:09:48.350> there<00:09:48.680> you<00:09:48.800> go<00:09:48.920> suck<00:09:49.600> so<00:09:50.890> we 00:09:52.950 --> 00:09:52.960 align:start position:0% becomes true so there you go suck so we 00:09:52.960 --> 00:09:55.570 align:start position:0% becomes true so there you go suck so we you<00:09:53.960> know<00:09:54.080> someone<00:09:54.470> said<00:09:54.680> the<00:09:54.770> other<00:09:54.980> people 00:09:55.570 --> 00:09:55.580 align:start position:0% you know someone said the other people 00:09:55.580 --> 00:09:58.150 align:start position:0% you know someone said the other people don't<00:09:55.850> vote<00:09:56.089> that's<00:09:57.560> people<00:09:57.920> both 00:09:58.150 --> 00:09:58.160 align:start position:0% don't vote that's people both 00:09:58.160 --> 00:09:58.900 align:start position:0% don't vote that's people both everyday 00:09:58.900 --> 00:09:58.910 align:start position:0% everyday 00:09:58.910 --> 00:10:01.210 align:start position:0% everyday voting<00:09:59.540> is<00:09:59.720> the<00:09:59.900> main<00:10:00.140> interaction<00:10:00.500> of<00:10:01.010> what 00:10:01.210 --> 00:10:01.220 align:start position:0% voting is the main interaction of what 00:10:01.220 --> 00:10:02.470 align:start position:0% voting is the main interaction of what we<00:10:01.370> do<00:10:01.520> on<00:10:01.670> the<00:10:01.820> Internet 00:10:02.470 --> 00:10:02.480 align:start position:0% we do on the Internet 00:10:02.480 --> 00:10:05.769 align:start position:0% we do on the Internet we<00:10:02.720> call<00:10:02.930> it<00:10:03.050> likes<00:10:03.350> on<00:10:03.650> Facebook<00:10:04.190> we<00:10:05.089> we<00:10:05.600> call 00:10:05.769 --> 00:10:05.779 align:start position:0% we call it likes on Facebook we we call 00:10:05.779 --> 00:10:08.590 align:start position:0% we call it likes on Facebook we we call it<00:10:05.959> you<00:10:06.470> know<00:10:06.560> it's<00:10:06.740> links<00:10:07.190> on<00:10:07.850> Google<00:10:08.270> Google 00:10:08.590 --> 00:10:08.600 align:start position:0% it you know it's links on Google Google 00:10:08.600 --> 00:10:10.510 align:start position:0% it you know it's links on Google Google is<00:10:08.690> basically<00:10:09.110> tallying<00:10:09.709> links<00:10:09.980> is<00:10:10.100> counting 00:10:10.510 --> 00:10:10.520 align:start position:0% is basically tallying links is counting 00:10:10.520 --> 00:10:13.540 align:start position:0% is basically tallying links is counting votes<00:10:11.050> voting<00:10:12.050> is<00:10:12.230> the<00:10:12.260> main<00:10:12.680> interaction<00:10:13.400> on 00:10:13.540 --> 00:10:13.550 align:start position:0% votes voting is the main interaction on 00:10:13.550 --> 00:10:16.449 align:start position:0% votes voting is the main interaction on how<00:10:13.760> we<00:10:13.820> use<00:10:14.660> the<00:10:14.839> internet<00:10:15.020> on<00:10:15.380> a<00:10:15.440> daily<00:10:15.950> basis 00:10:16.449 --> 00:10:16.459 align:start position:0% how we use the internet on a daily basis 00:10:16.459 --> 00:10:18.699 align:start position:0% how we use the internet on a daily basis the<00:10:16.910> problem<00:10:17.300> is<00:10:17.450> that<00:10:17.720> this<00:10:17.959> kind<00:10:18.020> of<00:10:18.410> voting 00:10:18.699 --> 00:10:18.709 align:start position:0% the problem is that this kind of voting 00:10:18.709 --> 00:10:21.370 align:start position:0% the problem is that this kind of voting is<00:10:19.100> just<00:10:19.520> surveys<00:10:20.180> that<00:10:20.750> are<00:10:20.810> being<00:10:21.200> designed 00:10:21.370 --> 00:10:21.380 align:start position:0% is just surveys that are being designed 00:10:21.380 --> 00:10:23.980 align:start position:0% is just surveys that are being designed to<00:10:22.040> increase<00:10:22.520> the<00:10:22.820> advertising<00:10:23.570> revenue<00:10:23.959> from 00:10:23.980 --> 00:10:23.990 align:start position:0% to increase the advertising revenue from 00:10:23.990 --> 00:10:27.640 align:start position:0% to increase the advertising revenue from these<00:10:24.320> companies<00:10:24.560> and<00:10:25.300> you<00:10:26.300> know<00:10:26.650> computation 00:10:27.640 --> 00:10:27.650 align:start position:0% these companies and you know computation 00:10:27.650 --> 00:10:30.250 align:start position:0% these companies and you know computation itself<00:10:28.100> began<00:10:28.610> in<00:10:28.790> the<00:10:28.910> 19th<00:10:29.390> century<00:10:29.510> as<00:10:30.140> a 00:10:30.250 --> 00:10:30.260 align:start position:0% itself began in the 19th century as a 00:10:30.260 --> 00:10:32.560 align:start position:0% itself began in the 19th century as a way<00:10:30.470> to<00:10:30.529> be<00:10:31.220> able<00:10:31.339> to<00:10:31.520> effectively<00:10:32.089> tally 00:10:32.560 --> 00:10:32.570 align:start position:0% way to be able to effectively tally 00:10:32.570 --> 00:10:39.060 align:start position:0% way to be able to effectively tally votes<00:10:33.130> in<00:10:34.130> a<00:10:34.339> much<00:10:34.700> more<00:10:35.860> speedy<00:10:36.860> manner<00:10:37.220> so 00:10:39.060 --> 00:10:39.070 align:start position:0% votes in a much more speedy manner so 00:10:39.070 --> 00:10:41.890 align:start position:0% votes in a much more speedy manner so the<00:10:40.070> the<00:10:40.610> challenge<00:10:41.089> of<00:10:41.270> what<00:10:41.510> we're<00:10:41.660> facing 00:10:41.890 --> 00:10:41.900 align:start position:0% the the challenge of what we're facing 00:10:41.900 --> 00:10:44.620 align:start position:0% the the challenge of what we're facing right<00:10:42.260> now<00:10:42.290> is<00:10:42.650> that<00:10:43.190> we<00:10:43.339> need<00:10:43.550> to<00:10:43.730> figure<00:10:44.450> out 00:10:44.620 --> 00:10:44.630 align:start position:0% right now is that we need to figure out 00:10:44.630 --> 00:10:46.720 align:start position:0% right now is that we need to figure out a<00:10:44.690> way<00:10:44.839> to<00:10:45.050> change<00:10:45.650> this<00:10:45.980> interaction<00:10:46.430> by 00:10:46.720 --> 00:10:46.730 align:start position:0% a way to change this interaction by 00:10:46.730 --> 00:10:49.390 align:start position:0% a way to change this interaction by something<00:10:47.029> that<00:10:47.180> is<00:10:47.390> able<00:10:47.630> to<00:10:47.870> carry<00:10:48.140> value<00:10:48.860> by 00:10:49.390 --> 00:10:49.400 align:start position:0% something that is able to carry value by 00:10:49.400 --> 00:10:52.269 align:start position:0% something that is able to carry value by something<00:10:49.670> that<00:10:49.880> is<00:10:50.150> able<00:10:50.390> to<00:10:50.620> to<00:10:51.620> become 00:10:52.269 --> 00:10:52.279 align:start position:0% something that is able to to become 00:10:52.279 --> 00:10:54.579 align:start position:0% something that is able to to become valuable<00:10:52.580> to<00:10:53.029> the<00:10:53.150> users<00:10:53.570> not<00:10:53.959> not<00:10:54.320> to<00:10:54.470> the 00:10:54.579 --> 00:10:54.589 align:start position:0% valuable to the users not not to the 00:10:54.589 --> 00:10:59.350 align:start position:0% valuable to the users not not to the orders<00:10:55.070> of<00:10:55.100> the<00:10:55.490> network<00:10:55.959> so<00:10:56.959> we<00:10:57.550> are<00:10:58.550> a<00:10:58.580> you 00:10:59.350 --> 00:10:59.360 align:start position:0% orders of the network so we are a you 00:10:59.360 --> 00:11:01.180 align:start position:0% orders of the network so we are a you know<00:10:59.450> a<00:10:59.510> democracy<00:11:00.410> earth<00:11:00.650> were<00:11:00.830> thinking 00:11:01.180 --> 00:11:01.190 align:start position:0% know a democracy earth were thinking 00:11:01.190 --> 00:11:03.160 align:start position:0% know a democracy earth were thinking about<00:11:01.279> tokenizing<00:11:02.029> the<00:11:02.330> like<00:11:02.480> interaction 00:11:03.160 --> 00:11:03.170 align:start position:0% about tokenizing the like interaction 00:11:03.170 --> 00:11:05.980 align:start position:0% about tokenizing the like interaction and<00:11:03.350> tokenizing<00:11:03.950> it<00:11:04.310> with<00:11:04.820> every<00:11:05.300> token<00:11:05.750> not 00:11:05.980 --> 00:11:05.990 align:start position:0% and tokenizing it with every token not 00:11:05.990 --> 00:11:08.920 align:start position:0% and tokenizing it with every token not just<00:11:06.350> orthogonal<00:11:07.220> specific<00:11:07.820> token<00:11:08.209> but<00:11:08.540> a 00:11:08.920 --> 00:11:08.930 align:start position:0% just orthogonal specific token but a 00:11:08.930 --> 00:11:10.240 align:start position:0% just orthogonal specific token but a every<00:11:09.020> single<00:11:09.290> token<00:11:09.649> that<00:11:09.950> is<00:11:10.040> out<00:11:10.220> there 00:11:10.240 --> 00:11:10.250 align:start position:0% every single token that is out there 00:11:10.250 --> 00:11:12.579 align:start position:0% every single token that is out there lets<00:11:10.850> you<00:11:10.940> know<00:11:11.330> make<00:11:11.600> use<00:11:11.870> of<00:11:11.899> the<00:11:12.290> ERC 00:11:12.579 --> 00:11:12.589 align:start position:0% lets you know make use of the ERC 00:11:12.589 --> 00:11:14.769 align:start position:0% lets you know make use of the ERC protocols<00:11:13.339> in<00:11:13.520> them<00:11:13.670> in<00:11:14.089> a<00:11:14.180> way<00:11:14.360> that<00:11:14.390> can 00:11:14.769 --> 00:11:14.779 align:start position:0% protocols in them in a way that can 00:11:14.779 --> 00:11:17.290 align:start position:0% protocols in them in a way that can foster<00:11:15.380> more<00:11:16.070> opportunities<00:11:16.910> and<00:11:16.940> more 00:11:17.290 --> 00:11:17.300 align:start position:0% foster more opportunities and more 00:11:17.300 --> 00:11:19.540 align:start position:0% foster more opportunities and more moments<00:11:17.839> where<00:11:17.990> we<00:11:18.140> can<00:11:18.350> start<00:11:18.890> transacting 00:11:19.540 --> 00:11:19.550 align:start position:0% moments where we can start transacting 00:11:19.550 --> 00:11:21.550 align:start position:0% moments where we can start transacting these<00:11:19.730> tokens<00:11:20.210> in<00:11:20.570> interesting<00:11:21.080> and<00:11:21.230> creative 00:11:21.550 --> 00:11:21.560 align:start position:0% these tokens in interesting and creative 00:11:21.560 --> 00:11:24.160 align:start position:0% these tokens in interesting and creative ways<00:11:21.800> and<00:11:22.130> each<00:11:22.339> one<00:11:22.760> of<00:11:22.940> these<00:11:23.089> tokens<00:11:23.420> has 00:11:24.160 --> 00:11:24.170 align:start position:0% ways and each one of these tokens has 00:11:24.170 --> 00:11:26.199 align:start position:0% ways and each one of these tokens has their<00:11:24.410> own<00:11:24.529> governance<00:11:25.100> logic<00:11:25.580> embedded<00:11:26.089> in 00:11:26.199 --> 00:11:26.209 align:start position:0% their own governance logic embedded in 00:11:26.209 --> 00:11:28.090 align:start position:0% their own governance logic embedded in its<00:11:26.360> code<00:11:26.600> so<00:11:27.230> we<00:11:27.350> can<00:11:27.500> have<00:11:27.709> different 00:11:28.090 --> 00:11:28.100 align:start position:0% its code so we can have different 00:11:28.100 --> 00:11:31.000 align:start position:0% its code so we can have different governance<00:11:28.520> mechanisms<00:11:29.120> competing<00:11:29.810> in<00:11:30.620> a 00:11:31.000 --> 00:11:31.010 align:start position:0% governance mechanisms competing in a 00:11:31.010 --> 00:11:34.389 align:start position:0% governance mechanisms competing in a common<00:11:31.339> playground<00:11:32.080> you<00:11:33.080> know<00:11:33.200> we<00:11:33.860> have<00:11:34.070> to<00:11:34.220> go 00:11:34.389 --> 00:11:34.399 align:start position:0% common playground you know we have to go 00:11:34.399 --> 00:11:36.340 align:start position:0% common playground you know we have to go against<00:11:34.760> advertising<00:11:35.630> which<00:11:35.779> is<00:11:35.810> the<00:11:36.080> model 00:11:36.340 --> 00:11:36.350 align:start position:0% against advertising which is the model 00:11:36.350 --> 00:11:39.220 align:start position:0% against advertising which is the model of<00:11:36.410> the<00:11:36.560> web<00:11:36.740> and<00:11:37.149> advertising<00:11:38.149> is<00:11:38.330> just<00:11:38.540> slang 00:11:39.220 --> 00:11:39.230 align:start position:0% of the web and advertising is just slang 00:11:39.230 --> 00:11:41.829 align:start position:0% of the web and advertising is just slang for<00:11:39.500> corporations<00:11:40.220> corrupting<00:11:41.000> or<00:11:41.149> attention 00:11:41.829 --> 00:11:41.839 align:start position:0% for corporations corrupting or attention 00:11:41.839 --> 00:11:44.019 align:start position:0% for corporations corrupting or attention that's<00:11:42.350> advertising<00:11:42.980> they<00:11:43.370> are<00:11:43.459> telling<00:11:43.820> you 00:11:44.019 --> 00:11:44.029 align:start position:0% that's advertising they are telling you 00:11:44.029 --> 00:11:45.370 align:start position:0% that's advertising they are telling you know<00:11:44.089> advertising<00:11:44.240> is<00:11:44.779> about<00:11:44.870> telling<00:11:45.260> you 00:11:45.370 --> 00:11:45.380 align:start position:0% know advertising is about telling you 00:11:45.380 --> 00:11:48.190 align:start position:0% know advertising is about telling you what<00:11:45.560> to<00:11:45.589> think<00:11:45.950> what<00:11:46.250> to<00:11:46.279> desire<00:11:46.779> and<00:11:47.779> you 00:11:48.190 --> 00:11:48.200 align:start position:0% what to think what to desire and you 00:11:48.200 --> 00:11:50.050 align:start position:0% what to think what to desire and you know<00:11:48.290> in<00:11:48.470> a<00:11:48.560> democracy<00:11:48.830> you<00:11:49.399> need<00:11:49.610> to<00:11:49.790> have<00:11:50.029> a 00:11:50.050 --> 00:11:50.060 align:start position:0% know in a democracy you need to have a 00:11:50.060 --> 00:11:52.360 align:start position:0% know in a democracy you need to have a free<00:11:50.420> and<00:11:50.450> healthy<00:11:50.839> mind<00:11:51.230> it's<00:11:51.649> not<00:11:51.950> healthy 00:11:52.360 --> 00:11:52.370 align:start position:0% free and healthy mind it's not healthy 00:11:52.370 --> 00:11:54.550 align:start position:0% free and healthy mind it's not healthy for<00:11:52.399> a<00:11:52.580> democracy<00:11:52.850> to<00:11:53.360> cup<00:11:53.600> your<00:11:53.810> opinions 00:11:54.550 --> 00:11:54.560 align:start position:0% for a democracy to cup your opinions 00:11:54.560 --> 00:11:57.910 align:start position:0% for a democracy to cup your opinions being<00:11:54.800> shaped<00:11:55.160> by<00:11:55.430> organizations<00:11:56.390> whose<00:11:56.920> 97% 00:11:57.910 --> 00:11:57.920 align:start position:0% being shaped by organizations whose 97% 00:11:57.920 --> 00:12:00.250 align:start position:0% being shaped by organizations whose 97% of<00:11:58.070> revenue<00:11:58.520> depends<00:11:59.060> on<00:11:59.209> corrupting<00:12:00.050> your 00:12:00.250 --> 00:12:00.260 align:start position:0% of revenue depends on corrupting your 00:12:00.260 --> 00:12:04.360 align:start position:0% of revenue depends on corrupting your attention<00:12:01.120> so<00:12:02.120> I'm<00:12:02.630> gonna<00:12:03.380> make<00:12:03.649> a<00:12:03.680> quick<00:12:04.040> demo 00:12:04.360 --> 00:12:04.370 align:start position:0% attention so I'm gonna make a quick demo 00:12:04.370 --> 00:12:06.100 align:start position:0% attention so I'm gonna make a quick demo here<00:12:04.490> to<00:12:05.089> show<00:12:05.270> you<00:12:05.330> what<00:12:05.600> we're<00:12:05.779> talking 00:12:06.100 --> 00:12:06.110 align:start position:0% here to show you what we're talking 00:12:06.110 --> 00:12:09.940 align:start position:0% here to show you what we're talking about<00:12:06.580> about<00:12:07.580> the<00:12:08.149> reason<00:12:08.839> the<00:12:09.140> upcoming 00:12:09.940 --> 00:12:09.950 align:start position:0% about about the reason the upcoming 00:12:09.950 --> 00:12:12.160 align:start position:0% about about the reason the upcoming release<00:12:10.399> of<00:12:10.610> sovereign<00:12:11.450> which<00:12:11.630> is<00:12:11.750> our<00:12:11.870> liquid 00:12:12.160 --> 00:12:12.170 align:start position:0% release of sovereign which is our liquid 00:12:12.170 --> 00:12:13.600 align:start position:0% release of sovereign which is our liquid democracy<00:12:12.320> application<00:12:13.100> that<00:12:13.279> we're<00:12:13.459> working 00:12:13.600 --> 00:12:13.610 align:start position:0% democracy application that we're working 00:12:13.610 --> 00:12:18.519 align:start position:0% democracy application that we're working at<00:12:14.240> democracy<00:12:14.990> earth<00:12:16.150> so<00:12:17.150> I<00:12:17.480> have<00:12:17.690> here<00:12:18.020> a 00:12:18.519 --> 00:12:18.529 align:start position:0% at democracy earth so I have here a 00:12:18.529 --> 00:12:20.350 align:start position:0% at democracy earth so I have here a quick<00:12:18.920> instance<00:12:19.640> this<00:12:19.790> is<00:12:19.910> running<00:12:20.209> locally 00:12:20.350 --> 00:12:20.360 align:start position:0% quick instance this is running locally 00:12:20.360 --> 00:12:23.170 align:start position:0% quick instance this is running locally on<00:12:20.630> my<00:12:20.720> machine<00:12:21.279> on<00:12:22.279> the<00:12:22.520> previous<00:12:22.880> talk 00:12:23.170 --> 00:12:23.180 align:start position:0% on my machine on the previous talk 00:12:23.180 --> 00:12:24.970 align:start position:0% on my machine on the previous talk someone<00:12:23.570> said<00:12:23.810> we<00:12:23.990> need<00:12:24.140> products<00:12:24.680> people 00:12:24.970 --> 00:12:24.980 align:start position:0% someone said we need products people 00:12:24.980 --> 00:12:27.460 align:start position:0% someone said we need products people want<00:12:25.279> to<00:12:25.370> use<00:12:25.520> products<00:12:26.089> not<00:12:26.660> protocol<00:12:27.230> so 00:12:27.460 --> 00:12:27.470 align:start position:0% want to use products not protocol so 00:12:27.470 --> 00:12:30.190 align:start position:0% want to use products not protocol so we're<00:12:27.709> trying<00:12:28.040> to<00:12:28.190> shape<00:12:28.430> up<00:12:28.670> our<00:12:29.510> technology 00:12:30.190 --> 00:12:30.200 align:start position:0% we're trying to shape up our technology 00:12:30.200 --> 00:12:32.170 align:start position:0% we're trying to shape up our technology as<00:12:30.410> simple<00:12:30.800> as<00:12:30.920> possible<00:12:31.130> have<00:12:31.670> a<00:12:31.700> social 00:12:32.170 --> 00:12:32.180 align:start position:0% as simple as possible have a social 00:12:32.180 --> 00:12:33.880 align:start position:0% as simple as possible have a social media<00:12:32.480> you<00:12:32.600> can<00:12:32.779> feel<00:12:33.020> there<00:12:33.560> are<00:12:33.589> some 00:12:33.880 --> 00:12:33.890 align:start position:0% media you can feel there are some 00:12:33.890 --> 00:12:36.519 align:start position:0% media you can feel there are some patterns<00:12:34.279> of<00:12:34.459> social<00:12:34.640> media<00:12:35.180> that<00:12:35.450> are<00:12:35.529> very 00:12:36.519 --> 00:12:36.529 align:start position:0% patterns of social media that are very 00:12:36.529 --> 00:12:38.470 align:start position:0% patterns of social media that are very very<00:12:36.770> good<00:12:36.950> for<00:12:37.160> democracy<00:12:37.310> they<00:12:38.000> ask<00:12:38.180> me 00:12:38.470 --> 00:12:38.480 align:start position:0% very good for democracy they ask me 00:12:38.480 --> 00:12:40.660 align:start position:0% very good for democracy they ask me anything<00:12:38.839> pattern<00:12:39.470> is<00:12:39.680> a<00:12:39.709> very<00:12:40.070> good<00:12:40.279> pattern 00:12:40.660 --> 00:12:40.670 align:start position:0% anything pattern is a very good pattern 00:12:40.670 --> 00:12:43.960 align:start position:0% anything pattern is a very good pattern for<00:12:40.940> for<00:12:41.209> deliberation<00:12:41.930> and<00:12:42.580> simply<00:12:43.580> here<00:12:43.850> you 00:12:43.960 --> 00:12:43.970 align:start position:0% for for deliberation and simply here you 00:12:43.970 --> 00:12:46.000 align:start position:0% for for deliberation and simply here you know<00:12:44.089> we're<00:12:44.959> gonna<00:12:45.110> be<00:12:45.260> launching<00:12:45.440> this<00:12:45.800> by 00:12:46.000 --> 00:12:46.010 align:start position:0% know we're gonna be launching this by 00:12:46.010 --> 00:12:48.840 align:start position:0% know we're gonna be launching this by the<00:12:46.070> way<00:12:46.310> on<00:12:46.459> November<00:12:46.940> 15<00:12:47.120> so<00:12:47.930> very<00:12:48.230> very<00:12:48.470> soon 00:12:48.840 --> 00:12:48.850 align:start position:0% the way on November 15 so very very soon 00:12:48.850 --> 00:12:51.370 align:start position:0% the way on November 15 so very very soon you<00:12:49.850> log<00:12:50.029> in<00:12:50.150> with<00:12:50.360> meta<00:12:50.540> mask<00:12:50.810> you<00:12:51.020> sign<00:12:51.260> the 00:12:51.370 --> 00:12:51.380 align:start position:0% you log in with meta mask you sign the 00:12:51.380 --> 00:12:54.430 align:start position:0% you log in with meta mask you sign the transaction<00:12:52.180> you're<00:12:53.180> it<00:12:53.420> recognizes<00:12:54.140> your 00:12:54.430 --> 00:12:54.440 align:start position:0% transaction you're it recognizes your 00:12:54.440 --> 00:12:56.410 align:start position:0% transaction you're it recognizes your address<00:12:55.370> if<00:12:55.490> you<00:12:55.610> already<00:12:55.730> have<00:12:56.089> an<00:12:56.180> account 00:12:56.410 --> 00:12:56.420 align:start position:0% address if you already have an account 00:12:56.420 --> 00:12:57.699 align:start position:0% address if you already have an account on<00:12:56.750> this<00:12:57.200> account 00:12:57.699 --> 00:12:57.709 align:start position:0% on this account 00:12:57.709 --> 00:13:01.360 align:start position:0% on this account I'm<00:12:57.860> checking<00:12:58.579> IRA<00:12:58.850> so<00:12:59.270> go<00:12:59.630> figure<00:13:00.160> and<00:13:01.160> you 00:13:01.360 --> 00:13:01.370 align:start position:0% I'm checking IRA so go figure and you 00:13:01.370 --> 00:13:03.760 align:start position:0% I'm checking IRA so go figure and you can<00:13:01.520> start<00:13:01.760> simply<00:13:02.209> posting<00:13:02.600> you<00:13:02.870> know<00:13:02.959> let's 00:13:03.760 --> 00:13:03.770 align:start position:0% can start simply posting you know let's 00:13:03.770 --> 00:13:07.150 align:start position:0% can start simply posting you know let's take<00:13:04.579> over<00:13:04.880> Cuba<00:13:05.750> oh<00:13:05.930> actually<00:13:06.709> they<00:13:07.040> already 00:13:07.150 --> 00:13:07.160 align:start position:0% take over Cuba oh actually they already 00:13:07.160 --> 00:13:11.319 align:start position:0% take over Cuba oh actually they already done<00:13:07.550> that<00:13:07.760> but<00:13:07.940> this<00:13:08.570> is<00:13:08.720> just<00:13:08.899> a<00:13:08.990> demo<00:13:09.260> so<00:13:10.329> the 00:13:11.319 --> 00:13:11.329 align:start position:0% done that but this is just a demo so the 00:13:11.329 --> 00:13:13.510 align:start position:0% done that but this is just a demo so the idea<00:13:11.570> is<00:13:11.779> to<00:13:11.810> replace<00:13:12.140> the<00:13:12.680> like<00:13:12.920> button<00:13:13.490> with 00:13:13.510 --> 00:13:13.520 align:start position:0% idea is to replace the like button with 00:13:13.520 --> 00:13:16.930 align:start position:0% idea is to replace the like button with any<00:13:13.970> token<00:13:14.450> you<00:13:14.720> know<00:13:14.810> any<00:13:15.110> token<00:13:15.770> any<00:13:16.010> or<00:13:16.339> c20 00:13:16.930 --> 00:13:16.940 align:start position:0% any token you know any token any or c20 00:13:16.940 --> 00:13:18.819 align:start position:0% any token you know any token any or c20 any<00:13:17.120> token<00:13:17.510> that<00:13:17.540> operates<00:13:18.050> on<00:13:18.230> the<00:13:18.529> network 00:13:18.819 --> 00:13:18.829 align:start position:0% any token that operates on the network 00:13:18.829 --> 00:13:21.340 align:start position:0% any token that operates on the network itself<00:13:19.510> let's<00:13:20.510> say<00:13:20.690> we<00:13:20.870> can<00:13:21.020> use<00:13:21.050> some 00:13:21.340 --> 00:13:21.350 align:start position:0% itself let's say we can use some 00:13:21.350 --> 00:13:22.510 align:start position:0% itself let's say we can use some decentraland 00:13:22.510 --> 00:13:22.520 align:start position:0% decentraland 00:13:22.520 --> 00:13:24.490 align:start position:0% decentraland if<00:13:23.240> you<00:13:23.480> want<00:13:23.660> to<00:13:23.780> make<00:13:23.930> this<00:13:24.050> a<00:13:24.110> debate<00:13:24.350> on 00:13:24.490 --> 00:13:24.500 align:start position:0% if you want to make this a debate on 00:13:24.500 --> 00:13:27.100 align:start position:0% if you want to make this a debate on virtual<00:13:24.950> reality<00:13:25.400> or<00:13:25.490> something<00:13:25.940> and<00:13:26.810> you<00:13:26.930> can 00:13:27.100 --> 00:13:27.110 align:start position:0% virtual reality or something and you can 00:13:27.110 --> 00:13:28.990 align:start position:0% virtual reality or something and you can even<00:13:27.320> restrict<00:13:27.740> it<00:13:27.830> by<00:13:27.950> nationality<00:13:28.340> maybe<00:13:28.790> we 00:13:28.990 --> 00:13:29.000 align:start position:0% even restrict it by nationality maybe we 00:13:29.000 --> 00:13:30.940 align:start position:0% even restrict it by nationality maybe we want<00:13:29.180> to<00:13:29.300> talk<00:13:29.450> to<00:13:29.600> a<00:13:29.630> specific<00:13:30.320> you<00:13:30.890> know 00:13:30.940 --> 00:13:30.950 align:start position:0% want to talk to a specific you know 00:13:30.950 --> 00:13:32.740 align:start position:0% want to talk to a specific you know people<00:13:31.280> from<00:13:31.460> use<00:13:31.970> this<00:13:32.150> token<00:13:32.510> from<00:13:32.660> a 00:13:32.740 --> 00:13:32.750 align:start position:0% people from use this token from a 00:13:32.750 --> 00:13:34.480 align:start position:0% people from use this token from a specific<00:13:32.960> country<00:13:33.380> and<00:13:33.680> that<00:13:33.800> have<00:13:34.310> this 00:13:34.480 --> 00:13:34.490 align:start position:0% specific country and that have this 00:13:34.490 --> 00:13:36.580 align:start position:0% specific country and that have this country<00:13:34.880> associated<00:13:35.540> associated<00:13:35.900> with<00:13:36.410> their 00:13:36.580 --> 00:13:36.590 align:start position:0% country associated associated with their 00:13:36.590 --> 00:13:39.490 align:start position:0% country associated associated with their ID<00:13:36.920> and<00:13:37.820> as<00:13:38.300> simple<00:13:38.570> as<00:13:38.660> that<00:13:38.690> you<00:13:38.870> just<00:13:39.230> post 00:13:39.490 --> 00:13:39.500 align:start position:0% ID and as simple as that you just post 00:13:39.500 --> 00:13:41.830 align:start position:0% ID and as simple as that you just post content<00:13:39.970> and<00:13:40.970> you<00:13:41.120> engage<00:13:41.270> people<00:13:41.720> on 00:13:41.830 --> 00:13:41.840 align:start position:0% content and you engage people on 00:13:41.840 --> 00:13:43.000 align:start position:0% content and you engage people on debating<00:13:42.200> this<00:13:42.410> issue 00:13:43.000 --> 00:13:43.010 align:start position:0% debating this issue 00:13:43.010 --> 00:13:45.340 align:start position:0% debating this issue whoever<00:13:43.790> votes<00:13:44.060> on<00:13:44.210> this<00:13:44.360> proposal<00:13:45.080> you<00:13:45.170> know 00:13:45.340 --> 00:13:45.350 align:start position:0% whoever votes on this proposal you know 00:13:45.350 --> 00:13:47.890 align:start position:0% whoever votes on this proposal you know we<00:13:45.620> support<00:13:45.800> two<00:13:46.130> types<00:13:46.400> of<00:13:46.580> voting<00:13:46.820> off<00:13:47.180> chain 00:13:47.890 --> 00:13:47.900 align:start position:0% we support two types of voting off chain 00:13:47.900 --> 00:13:50.110 align:start position:0% we support two types of voting off chain voting<00:13:48.350> by<00:13:48.530> simply<00:13:48.950> signing<00:13:49.160> a<00:13:49.610> trance 00:13:50.110 --> 00:13:50.120 align:start position:0% voting by simply signing a trance 00:13:50.120 --> 00:13:52.870 align:start position:0% voting by simply signing a trance signing<00:13:51.050> a<00:13:51.230> verification<00:13:52.130> that<00:13:52.280> will<00:13:52.670> use 00:13:52.870 --> 00:13:52.880 align:start position:0% signing a verification that will use 00:13:52.880 --> 00:13:54.910 align:start position:0% signing a verification that will use your<00:13:53.060> balance<00:13:53.450> in<00:13:53.930> that<00:13:53.990> signature<00:13:54.590> so<00:13:54.860> you 00:13:54.910 --> 00:13:54.920 align:start position:0% your balance in that signature so you 00:13:54.920 --> 00:13:56.710 align:start position:0% your balance in that signature so you can<00:13:55.130> use<00:13:55.340> your<00:13:55.490> stake<00:13:55.790> to<00:13:56.030> vote<00:13:56.210> in<00:13:56.420> an<00:13:56.540> off 00:13:56.710 --> 00:13:56.720 align:start position:0% can use your stake to vote in an off 00:13:56.720 --> 00:14:00.040 align:start position:0% can use your stake to vote in an off chain<00:13:56.960> way<00:13:57.140> and<00:13:57.380> online<00:13:58.220> odd<00:13:58.790> on<00:13:59.090> chain<00:13:59.570> voting 00:14:00.040 --> 00:14:00.050 align:start position:0% chain way and online odd on chain voting 00:14:00.050 --> 00:14:02.020 align:start position:0% chain way and online odd on chain voting by<00:14:00.770> simply<00:14:01.070> making<00:14:01.190> a<00:14:01.400> transaction<00:14:01.580> on<00:14:01.940> the 00:14:02.020 --> 00:14:02.030 align:start position:0% by simply making a transaction on the 00:14:02.030 --> 00:14:04.090 align:start position:0% by simply making a transaction on the blockchain<00:14:02.210> which<00:14:02.450> is<00:14:02.600> more<00:14:02.810> secure<00:14:03.230> less 00:14:04.090 --> 00:14:04.100 align:start position:0% blockchain which is more secure less 00:14:04.100 --> 00:14:06.250 align:start position:0% blockchain which is more secure less corrupt<00:14:04.490> corruptible<00:14:05.300> we<00:14:05.720> just<00:14:05.990> want<00:14:06.170> to 00:14:06.250 --> 00:14:06.260 align:start position:0% corrupt corruptible we just want to 00:14:06.260 --> 00:14:08.170 align:start position:0% corrupt corruptible we just want to allow<00:14:06.530> and<00:14:06.800> provide<00:14:07.040> a<00:14:07.070> toolkit<00:14:07.610> that<00:14:07.670> allows 00:14:08.170 --> 00:14:08.180 align:start position:0% allow and provide a toolkit that allows 00:14:08.180 --> 00:14:11.170 align:start position:0% allow and provide a toolkit that allows for<00:14:08.630> all<00:14:09.110> kinds<00:14:09.770> of<00:14:09.860> Democratic<00:14:10.550> transactions 00:14:11.170 --> 00:14:11.180 align:start position:0% for all kinds of Democratic transactions 00:14:11.180 --> 00:14:15.160 align:start position:0% for all kinds of Democratic transactions happening<00:14:11.690> across<00:14:12.080> social<00:14:12.710> media<00:14:14.170> the 00:14:15.160 --> 00:14:15.170 align:start position:0% happening across social media the 00:14:15.170 --> 00:14:17.440 align:start position:0% happening across social media the interface<00:14:15.860> file<00:14:16.160> also<00:14:16.580> has<00:14:16.760> this<00:14:17.000> threaded 00:14:17.440 --> 00:14:17.450 align:start position:0% interface file also has this threaded 00:14:17.450 --> 00:14:19.990 align:start position:0% interface file also has this threaded conversation<00:14:18.350> which<00:14:18.650> is<00:14:18.800> new<00:14:19.010> trying<00:14:19.880> to 00:14:19.990 --> 00:14:20.000 align:start position:0% conversation which is new trying to 00:14:20.000 --> 00:14:21.790 align:start position:0% conversation which is new trying to bring<00:14:20.210> to<00:14:20.360> girl<00:14:20.540> a<00:14:20.780> little<00:14:21.260> bit<00:14:21.380> of<00:14:21.500> the<00:14:21.620> best 00:14:21.790 --> 00:14:21.800 align:start position:0% bring to girl a little bit of the best 00:14:21.800 --> 00:14:23.700 align:start position:0% bring to girl a little bit of the best of<00:14:21.950> Reddit<00:14:22.250> with<00:14:22.460> the<00:14:22.550> best<00:14:22.730> of<00:14:22.850> Twitter<00:14:23.090> and 00:14:23.700 --> 00:14:23.710 align:start position:0% of Reddit with the best of Twitter and 00:14:23.710 --> 00:14:26.680 align:start position:0% of Reddit with the best of Twitter and find<00:14:24.710> interesting<00:14:25.580> ways<00:14:25.730> to<00:14:25.760> use<00:14:25.940> the<00:14:26.270> tokens 00:14:26.680 --> 00:14:26.690 align:start position:0% find interesting ways to use the tokens 00:14:26.690 --> 00:14:28.810 align:start position:0% find interesting ways to use the tokens for<00:14:26.870> example<00:14:27.290> steak<00:14:27.530> tokens<00:14:27.980> on<00:14:28.100> hashtags<00:14:28.610> and 00:14:28.810 --> 00:14:28.820 align:start position:0% for example steak tokens on hashtags and 00:14:28.820 --> 00:14:31.570 align:start position:0% for example steak tokens on hashtags and discuss<00:14:29.510> on<00:14:29.690> how<00:14:29.720> to<00:14:29.900> use<00:14:30.230> steak<00:14:31.040> tokens<00:14:31.430> on 00:14:31.570 --> 00:14:31.580 align:start position:0% discuss on how to use steak tokens on 00:14:31.580 --> 00:14:33.130 align:start position:0% discuss on how to use steak tokens on specific<00:14:32.000> hashtags<00:14:32.420> in<00:14:32.570> the<00:14:32.630> platform<00:14:33.020> is 00:14:33.130 --> 00:14:33.140 align:start position:0% specific hashtags in the platform is 00:14:33.140 --> 00:14:34.810 align:start position:0% specific hashtags in the platform is another<00:14:33.800> idea<00:14:34.130> that<00:14:34.190> you<00:14:34.460> know<00:14:34.580> we<00:14:34.790> are 00:14:34.810 --> 00:14:34.820 align:start position:0% another idea that you know we are 00:14:34.820 --> 00:14:39.850 align:start position:0% another idea that you know we are actually<00:14:35.480> implementing<00:14:36.050> so<00:14:38.500> let<00:14:39.500> me<00:14:39.590> tell<00:14:39.740> you 00:14:39.850 --> 00:14:39.860 align:start position:0% actually implementing so let me tell you 00:14:39.860 --> 00:14:41.620 align:start position:0% actually implementing so let me tell you about<00:14:39.950> what<00:14:40.220> the<00:14:40.370> reality<00:14:40.940> of<00:14:40.970> implementing 00:14:41.620 --> 00:14:41.630 align:start position:0% about what the reality of implementing 00:14:41.630 --> 00:14:44.230 align:start position:0% about what the reality of implementing these<00:14:41.750> types<00:14:41.990> of<00:14:42.140> systems<00:14:42.850> the<00:14:43.850> the 00:14:44.230 --> 00:14:44.240 align:start position:0% these types of systems the the 00:14:44.240 --> 00:14:46.390 align:start position:0% these types of systems the the background<00:14:45.050> of<00:14:45.410> democracy<00:14:45.980> earth<00:14:46.100> actually 00:14:46.390 --> 00:14:46.400 align:start position:0% background of democracy earth actually 00:14:46.400 --> 00:14:48.640 align:start position:0% background of democracy earth actually started<00:14:46.970> as<00:14:47.060> a<00:14:47.090> political<00:14:47.720> party<00:14:48.140> in 00:14:48.640 --> 00:14:48.650 align:start position:0% started as a political party in 00:14:48.650 --> 00:14:50.740 align:start position:0% started as a political party in Argentina<00:14:49.250> called<00:14:49.580> partido<00:14:50.090> de<00:14:50.240> la<00:14:50.360> red<00:14:50.570> or 00:14:50.740 --> 00:14:50.750 align:start position:0% Argentina called partido de la red or 00:14:50.750 --> 00:14:53.320 align:start position:0% Argentina called partido de la red or the<00:14:51.170> net<00:14:51.470> party<00:14:51.980> that<00:14:52.580> has<00:14:52.760> candidates 00:14:53.320 --> 00:14:53.330 align:start position:0% the net party that has candidates 00:14:53.330 --> 00:14:55.210 align:start position:0% the net party that has candidates committed<00:14:53.900> to<00:14:54.110> vote<00:14:54.320> in<00:14:54.530> Congress<00:14:54.980> always 00:14:55.210 --> 00:14:55.220 align:start position:0% committed to vote in Congress always 00:14:55.220 --> 00:14:57.430 align:start position:0% committed to vote in Congress always according<00:14:55.850> to<00:14:56.180> what<00:14:56.300> people<00:14:56.630> decide<00:14:56.990> online 00:14:57.430 --> 00:14:57.440 align:start position:0% according to what people decide online 00:14:57.440 --> 00:15:00.640 align:start position:0% according to what people decide online we<00:14:58.310> run<00:14:58.490> for<00:14:58.700> elections<00:14:59.090> in<00:14:59.240> 2013<00:14:59.570> we<00:15:00.230> got<00:15:00.380> one 00:15:00.640 --> 00:15:00.650 align:start position:0% we run for elections in 2013 we got one 00:15:00.650 --> 00:15:03.940 align:start position:0% we run for elections in 2013 we got one percent<00:15:01.040> of<00:15:01.160> the<00:15:01.280> votes<00:15:01.490> and<00:15:01.760> in<00:15:02.470> 2017<00:15:03.470> we 00:15:03.940 --> 00:15:03.950 align:start position:0% percent of the votes and in 2017 we 00:15:03.950 --> 00:15:05.890 align:start position:0% percent of the votes and in 2017 we actually<00:15:04.370> had<00:15:04.580> a<00:15:04.730> very<00:15:05.180> big<00:15:05.450> internal 00:15:05.890 --> 00:15:05.900 align:start position:0% actually had a very big internal 00:15:05.900 --> 00:15:08.350 align:start position:0% actually had a very big internal decision<00:15:06.500> in<00:15:06.620> the<00:15:06.710> party<00:15:07.160> that<00:15:07.550> was<00:15:07.730> very<00:15:08.060> high 00:15:08.350 --> 00:15:08.360 align:start position:0% decision in the party that was very high 00:15:08.360 --> 00:15:10.660 align:start position:0% decision in the party that was very high stakes<00:15:08.720> everyone<00:15:09.710> had<00:15:09.920> a<00:15:09.950> very<00:15:10.370> strong 00:15:10.660 --> 00:15:10.670 align:start position:0% stakes everyone had a very strong 00:15:10.670 --> 00:15:12.550 align:start position:0% stakes everyone had a very strong position<00:15:10.910> on<00:15:11.270> this<00:15:11.360> decision<00:15:11.900> and<00:15:12.050> was 00:15:12.550 --> 00:15:12.560 align:start position:0% position on this decision and was 00:15:12.560 --> 00:15:14.080 align:start position:0% position on this decision and was whether<00:15:12.830> the<00:15:13.070> party<00:15:13.460> would<00:15:13.610> be<00:15:13.760> allowed<00:15:14.060> to 00:15:14.080 --> 00:15:14.090 align:start position:0% whether the party would be allowed to 00:15:14.090 --> 00:15:16.630 align:start position:0% whether the party would be allowed to make<00:15:14.390> alliances<00:15:14.720> with<00:15:15.140> other<00:15:15.560> parties<00:15:16.070> or<00:15:16.280> not 00:15:16.630 --> 00:15:16.640 align:start position:0% make alliances with other parties or not 00:15:16.640 --> 00:15:19.570 align:start position:0% make alliances with other parties or not you<00:15:17.120> know<00:15:17.210> would<00:15:17.750> be<00:15:17.960> willing<00:15:18.470> to<00:15:18.800> to<00:15:19.340> deal 00:15:19.570 --> 00:15:19.580 align:start position:0% you know would be willing to to deal 00:15:19.580 --> 00:15:21.490 align:start position:0% you know would be willing to to deal with<00:15:19.820> the<00:15:19.940> traditional<00:15:20.450> political<00:15:20.660> system<00:15:21.380> or 00:15:21.490 --> 00:15:21.500 align:start position:0% with the traditional political system or 00:15:21.500 --> 00:15:24.070 align:start position:0% with the traditional political system or we<00:15:21.920> would<00:15:22.100> maintain<00:15:22.670> ourselves<00:15:23.060> as<00:15:23.480> a<00:15:23.510> purist 00:15:24.070 --> 00:15:24.080 align:start position:0% we would maintain ourselves as a purist 00:15:24.080 --> 00:15:27.010 align:start position:0% we would maintain ourselves as a purist party<00:15:24.880> you<00:15:25.880> know<00:15:26.000> not<00:15:26.300> turn<00:15:26.480> you're<00:15:26.780> not 00:15:27.010 --> 00:15:27.020 align:start position:0% party you know not turn you're not 00:15:27.020 --> 00:15:29.410 align:start position:0% party you know not turn you're not working<00:15:27.620> with<00:15:27.650> anybody<00:15:28.160> else<00:15:28.400> and<00:15:28.730> the 00:15:29.410 --> 00:15:29.420 align:start position:0% working with anybody else and the 00:15:29.420 --> 00:15:31.720 align:start position:0% working with anybody else and the interesting<00:15:29.840> thing<00:15:30.110> about<00:15:30.380> that<00:15:30.980> internal 00:15:31.720 --> 00:15:31.730 align:start position:0% interesting thing about that internal 00:15:31.730 --> 00:15:34.180 align:start position:0% interesting thing about that internal election<00:15:32.270> is<00:15:32.450> that<00:15:32.900> because<00:15:33.650> it<00:15:33.800> was<00:15:33.950> a<00:15:33.980> very 00:15:34.180 --> 00:15:34.190 align:start position:0% election is that because it was a very 00:15:34.190 --> 00:15:35.920 align:start position:0% election is that because it was a very high<00:15:34.430> stakes<00:15:34.730> election<00:15:34.970> there 00:15:35.920 --> 00:15:35.930 align:start position:0% high stakes election there 00:15:35.930 --> 00:15:38.350 align:start position:0% high stakes election there four<00:15:36.050> central<00:15:36.770> points<00:15:37.250> in<00:15:37.460> the<00:15:37.640> organization 00:15:38.350 --> 00:15:38.360 align:start position:0% four central points in the organization 00:15:38.360 --> 00:15:40.600 align:start position:0% four central points in the organization that<00:15:38.630> were<00:15:38.810> prone<00:15:39.140> to<00:15:39.170> corruption<00:15:39.710> and<00:15:40.190> in 00:15:40.600 --> 00:15:40.610 align:start position:0% that were prone to corruption and in 00:15:40.610 --> 00:15:42.639 align:start position:0% that were prone to corruption and in particular<00:15:41.210> it<00:15:41.600> was<00:15:41.899> the<00:15:42.200> database 00:15:42.639 --> 00:15:42.649 align:start position:0% particular it was the database 00:15:42.649 --> 00:15:44.260 align:start position:0% particular it was the database administrators<00:15:43.460> we<00:15:43.760> didn't<00:15:44.089> have<00:15:44.240> a 00:15:44.260 --> 00:15:44.270 align:start position:0% administrators we didn't have a 00:15:44.270 --> 00:15:46.690 align:start position:0% administrators we didn't have a blockchain<00:15:44.680> implementation<00:15:45.680> back<00:15:45.920> then<00:15:46.130> so 00:15:46.690 --> 00:15:46.700 align:start position:0% blockchain implementation back then so 00:15:46.700 --> 00:15:49.570 align:start position:0% blockchain implementation back then so whoever<00:15:47.089> was<00:15:47.360> running<00:15:47.890> whoever<00:15:48.890> had<00:15:49.130> control 00:15:49.570 --> 00:15:49.580 align:start position:0% whoever was running whoever had control 00:15:49.580 --> 00:15:52.389 align:start position:0% whoever was running whoever had control of<00:15:49.610> the<00:15:49.790> database<00:15:50.300> had<00:15:51.110> the<00:15:51.260> ability<00:15:51.740> to<00:15:51.770> delay 00:15:52.389 --> 00:15:52.399 align:start position:0% of the database had the ability to delay 00:15:52.399 --> 00:15:54.699 align:start position:0% of the database had the ability to delay the<00:15:52.820> registration<00:15:53.540> of<00:15:53.630> certain<00:15:54.050> voters<00:15:54.500> and 00:15:54.699 --> 00:15:54.709 align:start position:0% the registration of certain voters and 00:15:54.709 --> 00:15:56.920 align:start position:0% the registration of certain voters and accelerate<00:15:55.670> the<00:15:55.880> registration<00:15:56.570> of<00:15:56.690> other 00:15:56.920 --> 00:15:56.930 align:start position:0% accelerate the registration of other 00:15:56.930 --> 00:15:59.440 align:start position:0% accelerate the registration of other voters<00:15:57.640> benefiting<00:15:58.640> the<00:15:58.820> outcome<00:15:59.209> of<00:15:59.330> the 00:15:59.440 --> 00:15:59.450 align:start position:0% voters benefiting the outcome of the 00:15:59.450 --> 00:16:02.050 align:start position:0% voters benefiting the outcome of the election<00:15:59.930> to<00:16:00.410> their<00:16:00.800> bias<00:16:01.130> rather<00:16:01.790> than 00:16:02.050 --> 00:16:02.060 align:start position:0% election to their bias rather than 00:16:02.060 --> 00:16:04.540 align:start position:0% election to their bias rather than keeping<00:16:02.540> the<00:16:02.899> election<00:16:03.560> as<00:16:03.649> a<00:16:03.680> whole<00:16:03.980> neutral 00:16:04.540 --> 00:16:04.550 align:start position:0% keeping the election as a whole neutral 00:16:04.550 --> 00:16:06.970 align:start position:0% keeping the election as a whole neutral and<00:16:04.760> this<00:16:05.300> election<00:16:05.600> took<00:16:05.990> only<00:16:06.290> a<00:16:06.500> hundred 00:16:06.970 --> 00:16:06.980 align:start position:0% and this election took only a hundred 00:16:06.980 --> 00:16:09.880 align:start position:0% and this election took only a hundred voters<00:16:07.220> but<00:16:07.970> this<00:16:08.240> effectively<00:16:09.050> happens<00:16:09.620> and 00:16:09.880 --> 00:16:09.890 align:start position:0% voters but this effectively happens and 00:16:09.890 --> 00:16:11.740 align:start position:0% voters but this effectively happens and I've<00:16:10.250> seen<00:16:10.520> it<00:16:10.670> in<00:16:10.790> elections<00:16:11.270> in<00:16:11.420> Latin 00:16:11.740 --> 00:16:11.750 align:start position:0% I've seen it in elections in Latin 00:16:11.750 --> 00:16:13.570 align:start position:0% I've seen it in elections in Latin America<00:16:12.140> in<00:16:12.230> Argentina<00:16:12.770> when<00:16:13.310> it's<00:16:13.430> also 00:16:13.570 --> 00:16:13.580 align:start position:0% America in Argentina when it's also 00:16:13.580 --> 00:16:15.699 align:start position:0% America in Argentina when it's also about<00:16:13.760> millions<00:16:14.270> of<00:16:14.420> voters<00:16:14.630> the<00:16:15.080> moment<00:16:15.589> the 00:16:15.699 --> 00:16:15.709 align:start position:0% about millions of voters the moment the 00:16:15.709 --> 00:16:17.829 align:start position:0% about millions of voters the moment the authorities<00:16:16.310> of<00:16:16.520> the<00:16:16.700> smaller<00:16:17.000> parties<00:16:17.600> are 00:16:17.829 --> 00:16:17.839 align:start position:0% authorities of the smaller parties are 00:16:17.839 --> 00:16:20.320 align:start position:0% authorities of the smaller parties are not<00:16:18.320> there<00:16:18.620> the<00:16:19.100> authorities<00:16:19.640> of<00:16:19.790> the<00:16:19.910> larger 00:16:20.320 --> 00:16:20.330 align:start position:0% not there the authorities of the larger 00:16:20.330 --> 00:16:22.449 align:start position:0% not there the authorities of the larger parties<00:16:20.839> start<00:16:21.440> stealing<00:16:21.860> the<00:16:22.010> votes<00:16:22.190> from 00:16:22.449 --> 00:16:22.459 align:start position:0% parties start stealing the votes from 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processes so the in<00:16:32.000> this<00:16:32.209> experience<00:16:32.870> you<00:16:33.020> know<00:16:33.260> where<00:16:33.470> we<00:16:33.649> saw 00:16:33.910 --> 00:16:33.920 align:start position:0% in this experience you know where we saw 00:16:33.920 --> 00:16:38.050 align:start position:0% in this experience you know where we saw suddenly<00:16:34.820> the<00:16:35.420> VB<00:16:36.380> admins<00:16:36.890> tumbling<00:16:37.820> the 00:16:38.050 --> 00:16:38.060 align:start position:0% suddenly the VB admins tumbling the 00:16:38.060 --> 00:16:39.820 align:start position:0% suddenly the VB admins tumbling the election<00:16:38.540> to<00:16:38.750> their<00:16:38.899> own<00:16:39.050> bias<00:16:39.560> by<00:16:39.770> the 00:16:39.820 --> 00:16:39.830 align:start position:0% election to their own bias by the 00:16:39.830 --> 00:16:42.430 align:start position:0% election to their own bias by the language<00:16:40.370> istration<00:16:40.730> Sun<00:16:41.089> and<00:16:41.600> accelerating 00:16:42.430 --> 00:16:42.440 align:start position:0% language istration Sun and accelerating 00:16:42.440 --> 00:16:44.680 align:start position:0% language istration Sun and accelerating others<00:16:42.680> was<00:16:43.130> a<00:16:43.160> very<00:16:43.550> clear<00:16:43.850> example<00:16:44.000> in<00:16:44.540> our 00:16:44.680 --> 00:16:44.690 align:start position:0% others was a very clear example in our 00:16:44.690 --> 00:16:46.900 align:start position:0% others was a very clear example in our view<00:16:44.839> of<00:16:45.110> what<00:16:45.350> needs<00:16:45.860> to<00:16:46.010> be<00:16:46.190> built<00:16:46.220> in<00:16:46.670> terms 00:16:46.900 --> 00:16:46.910 align:start position:0% view of what needs to be built in terms 00:16:46.910 --> 00:16:48.760 align:start position:0% view of what needs to be built in terms of<00:16:47.060> technology<00:16:47.570> to<00:16:47.720> prevent<00:16:48.140> this<00:16:48.470> type<00:16:48.709> of 00:16:48.760 --> 00:16:48.770 align:start position:0% of technology to prevent this type of 00:16:48.770 --> 00:16:53.410 align:start position:0% of technology to prevent this type of behavior<00:16:49.839> so<00:16:50.839> we<00:16:51.589> need<00:16:51.740> decentralize<00:16:52.640> self 00:16:53.410 --> 00:16:53.420 align:start position:0% behavior so we need decentralize self 00:16:53.420 --> 00:16:56.410 align:start position:0% behavior so we need decentralize self sovereign<00:16:53.959> civil<00:16:54.589> resistant<00:16:55.420> citizenship 00:16:56.410 --> 00:16:56.420 align:start position:0% sovereign civil resistant citizenship 00:16:56.420 --> 00:16:59.019 align:start position:0% sovereign civil resistant citizenship and<00:16:56.959> I<00:16:57.050> highlight<00:16:57.470> citizenship<00:16:58.400> because<00:16:58.730> you 00:16:59.019 --> 00:16:59.029 align:start position:0% and I highlight citizenship because you 00:16:59.029 --> 00:17:01.060 align:start position:0% and I highlight citizenship because you know<00:16:59.120> identities<00:16:59.839> are<00:17:00.050> very<00:17:00.200> broad<00:17:00.529> in<00:17:01.040> your 00:17:01.060 --> 00:17:01.070 align:start position:0% know identities are very broad in your 00:17:01.070 --> 00:17:03.040 align:start position:0% know identities are very broad in your concept<00:17:01.820> and<00:17:02.000> can<00:17:02.270> be<00:17:02.390> tied<00:17:02.660> to<00:17:02.839> many 00:17:03.040 --> 00:17:03.050 align:start position:0% concept and can be tied to many 00:17:03.050 --> 00:17:05.980 align:start position:0% concept and can be tied to many different<00:17:03.230> things<00:17:03.650> machines<00:17:04.490> and<00:17:04.760> humans<00:17:05.240> but 00:17:05.980 --> 00:17:05.990 align:start position:0% different things machines and humans but 00:17:05.990 --> 00:17:08.290 align:start position:0% different things machines and humans but you<00:17:06.319> know<00:17:06.410> were<00:17:06.670> specifically<00:17:07.670> concerned 00:17:08.290 --> 00:17:08.300 align:start position:0% you know were specifically concerned 00:17:08.300 --> 00:17:11.110 align:start position:0% you know were specifically concerned about<00:17:08.689> the<00:17:08.900> role<00:17:09.110> that<00:17:09.220> humans<00:17:10.220> by<00:17:10.429> play<00:17:10.850> in 00:17:11.110 --> 00:17:11.120 align:start position:0% about the role that humans by play in 00:17:11.120 --> 00:17:13.660 align:start position:0% about the role that humans by play in decentralized<00:17:12.110> networks<00:17:12.559> and<00:17:12.829> this<00:17:13.309> is<00:17:13.490> the 00:17:13.660 --> 00:17:13.670 align:start position:0% decentralized networks and this is the 00:17:13.670 --> 00:17:15.340 align:start position:0% decentralized networks and this is the the<00:17:14.030> big<00:17:14.240> problem<00:17:14.600> that<00:17:14.720> we've<00:17:14.870> been<00:17:15.050> trying 00:17:15.340 --> 00:17:15.350 align:start position:0% the big problem that we've been trying 00:17:15.350 --> 00:17:20.439 align:start position:0% the big problem that we've been trying to<00:17:15.410> crack<00:17:15.709> at<00:17:15.980> the<00:17:16.309> democracy<00:17:17.300> earth<00:17:19.300> what<00:17:20.300> is 00:17:20.439 --> 00:17:20.449 align:start position:0% to crack at the democracy earth what is 00:17:20.449 --> 00:17:22.179 align:start position:0% to crack at the democracy earth what is the<00:17:20.630> approach<00:17:21.050> that<00:17:21.079> we<00:17:21.410> think<00:17:21.650> that<00:17:21.770> could<00:17:21.980> be 00:17:22.179 --> 00:17:22.189 align:start position:0% the approach that we think that could be 00:17:22.189 --> 00:17:24.850 align:start position:0% the approach that we think that could be pursued<00:17:23.120> forward<00:17:23.540> in<00:17:23.720> in<00:17:23.990> relation<00:17:24.380> to<00:17:24.410> to 00:17:24.850 --> 00:17:24.860 align:start position:0% pursued forward in in relation to to 00:17:24.860 --> 00:17:29.620 align:start position:0% pursued forward in in relation to to tackle<00:17:25.069> this<00:17:25.370> problem<00:17:25.720> so<00:17:27.520> first<00:17:28.520> I'm<00:17:29.300> gonna 00:17:29.620 --> 00:17:29.630 align:start position:0% tackle this problem so first I'm gonna 00:17:29.630 --> 00:17:31.810 align:start position:0% tackle this problem so first I'm gonna use<00:17:30.110> as<00:17:30.260> an<00:17:30.350> example<00:17:30.440> the<00:17:31.280> way<00:17:31.309> I<00:17:31.460> thought<00:17:31.790> I 00:17:31.810 --> 00:17:31.820 align:start position:0% use as an example the way I thought I 00:17:31.820 --> 00:17:33.840 align:start position:0% use as an example the way I thought I did<00:17:32.030> the<00:17:32.150> birth<00:17:32.360> certificate<00:17:32.960> of<00:17:33.140> my<00:17:33.290> daughter 00:17:33.840 --> 00:17:33.850 align:start position:0% did the birth certificate of my daughter 00:17:33.850 --> 00:17:36.760 align:start position:0% did the birth certificate of my daughter if<00:17:34.850> you<00:17:35.090> look<00:17:35.300> for<00:17:35.510> the<00:17:35.630> coin<00:17:35.809> desk<00:17:36.140> article 00:17:36.760 --> 00:17:36.770 align:start position:0% if you look for the coin desk article 00:17:36.770 --> 00:17:41.140 align:start position:0% if you look for the coin desk article meet<00:17:37.400> the<00:17:37.700> blockchain<00:17:37.940> dad<00:17:38.390> that's<00:17:39.200> me<00:17:40.150> three 00:17:41.140 --> 00:17:41.150 align:start position:0% meet the blockchain dad that's me three 00:17:41.150 --> 00:17:42.790 align:start position:0% meet the blockchain dad that's me three years<00:17:41.179> ago<00:17:41.660> I<00:17:41.690> did<00:17:41.960> the<00:17:42.050> birth<00:17:42.230> certificate<00:17:42.770> of 00:17:42.790 --> 00:17:42.800 align:start position:0% years ago I did the birth certificate of 00:17:42.800 --> 00:17:46.840 align:start position:0% years ago I did the birth certificate of my<00:17:43.070> daughter<00:17:43.280> by<00:17:43.840> simply<00:17:44.840> doing<00:17:45.020> a<00:17:45.530> proof<00:17:46.340> that 00:17:46.840 --> 00:17:46.850 align:start position:0% my daughter by simply doing a proof that 00:17:46.850 --> 00:17:49.240 align:start position:0% my daughter by simply doing a proof that is<00:17:47.000> you<00:17:47.660> know<00:17:47.750> I<00:17:47.809> wrote<00:17:48.320> their<00:17:48.590> Turing 00:17:49.240 --> 00:17:49.250 align:start position:0% is you know I wrote their Turing 00:17:49.250 --> 00:17:50.050 align:start position:0% is you know I wrote their Turing impossible 00:17:50.050 --> 00:17:50.060 align:start position:0% impossible 00:17:50.060 --> 00:17:52.720 align:start position:0% impossible something<00:17:50.720> that<00:17:50.900> requires<00:17:51.410> enough<00:17:52.160> bandwidth 00:17:52.720 --> 00:17:52.730 align:start position:0% something that requires enough bandwidth 00:17:52.730 --> 00:17:55.180 align:start position:0% something that requires enough bandwidth that<00:17:53.090> will<00:17:53.360> exceed<00:17:53.900> computing<00:17:54.530> capacity<00:17:54.710> or 00:17:55.180 --> 00:17:55.190 align:start position:0% that will exceed computing capacity or 00:17:55.190 --> 00:17:56.650 align:start position:0% that will exceed computing capacity or commonly<00:17:55.610> available<00:17:55.700> computing<00:17:56.510> capacity 00:17:56.650 --> 00:17:56.660 align:start position:0% commonly available computing capacity 00:17:56.660 --> 00:17:59.500 align:start position:0% commonly available computing capacity and<00:17:57.290> that<00:17:57.770> requires<00:17:58.280> some<00:17:58.700> kind<00:17:58.910> of<00:17:59.030> human 00:17:59.500 --> 00:17:59.510 align:start position:0% and that requires some kind of human 00:17:59.510 --> 00:18:03.010 align:start position:0% and that requires some kind of human judgement<00:18:00.110> of<00:18:00.260> the<00:18:01.010> of<00:18:01.280> the<00:18:01.640> proof<00:18:01.910> in<00:18:02.810> the 00:18:03.010 --> 00:18:03.020 align:start position:0% judgement of the of the proof in the 00:18:03.020 --> 00:18:04.810 align:start position:0% judgement of the of the proof in the case<00:18:03.200> of<00:18:03.380> my<00:18:03.530> daughter's<00:18:03.890> birth<00:18:04.100> certificate 00:18:04.810 --> 00:18:04.820 align:start position:0% case of my daughter's birth certificate 00:18:04.820 --> 00:18:07.000 align:start position:0% case of my daughter's birth certificate I've<00:18:05.030> used<00:18:05.360> video<00:18:05.600> I<00:18:05.960> simply<00:18:06.500> showed<00:18:06.530> a<00:18:06.740> video 00:18:07.000 --> 00:18:07.010 align:start position:0% I've used video I simply showed a video 00:18:07.010 --> 00:18:10.480 align:start position:0% I've used video I simply showed a video of<00:18:07.270> myself<00:18:08.270> in<00:18:08.510> the<00:18:08.600> hospital<00:18:09.230> my<00:18:09.740> wife<00:18:10.010> that 00:18:10.480 --> 00:18:10.490 align:start position:0% of myself in the hospital my wife that 00:18:10.490 --> 00:18:12.880 align:start position:0% of myself in the hospital my wife that she<00:18:10.670> was<00:18:10.850> like<00:18:11.060> very<00:18:11.630> very<00:18:11.900> mad<00:18:12.140> at<00:18:12.320> me<00:18:12.470> of<00:18:12.620> me 00:18:12.880 --> 00:18:12.890 align:start position:0% she was like very very mad at me of me 00:18:12.890 --> 00:18:16.900 align:start position:0% she was like very very mad at me of me doing<00:18:13.160> that<00:18:13.310> video<00:18:14.800> my<00:18:15.800> mother<00:18:16.190> and<00:18:16.670> my 00:18:16.900 --> 00:18:16.910 align:start position:0% doing that video my mother and my 00:18:16.910 --> 00:18:18.820 align:start position:0% doing that video my mother and my mother-in-law<00:18:17.240> as<00:18:17.780> witnesses 00:18:18.820 --> 00:18:18.830 align:start position:0% mother-in-law as witnesses 00:18:18.830 --> 00:18:20.410 align:start position:0% mother-in-law as witnesses each<00:18:18.890> one<00:18:19.340> of<00:18:19.370> them<00:18:19.610> stating<00:18:20.180> their<00:18:20.300> own 00:18:20.410 --> 00:18:20.420 align:start position:0% each one of them stating their own 00:18:20.420 --> 00:18:23.260 align:start position:0% each one of them stating their own identity<00:18:21.110> and<00:18:21.320> the<00:18:22.190> last<00:18:22.430> moment<00:18:23.120> of<00:18:23.210> the 00:18:23.260 --> 00:18:23.270 align:start position:0% identity and the last moment of the 00:18:23.270 --> 00:18:25.120 align:start position:0% identity and the last moment of the video<00:18:23.450> I'm<00:18:23.900> shooting<00:18:24.440> the<00:18:24.770> week<00:18:24.920> on 00:18:25.120 --> 00:18:25.130 align:start position:0% video I'm shooting the week on 00:18:25.130 --> 00:18:27.310 align:start position:0% video I'm shooting the week on blockchain<00:18:25.340> with<00:18:26.300> the<00:18:26.390> last<00:18:26.600> block<00:18:26.870> of<00:18:27.170> the 00:18:27.310 --> 00:18:27.320 align:start position:0% blockchain with the last block of the 00:18:27.320 --> 00:18:29.230 align:start position:0% blockchain with the last block of the blockchain<00:18:27.530> and<00:18:27.950> the<00:18:28.100> and<00:18:28.370> the<00:18:28.520> hash<00:18:28.730> related 00:18:29.230 --> 00:18:29.240 align:start position:0% blockchain and the and the hash related 00:18:29.240 --> 00:18:31.120 align:start position:0% blockchain and the and the hash related to<00:18:29.330> that<00:18:29.480> block<00:18:29.690> so<00:18:29.930> I<00:18:30.140> can<00:18:30.500> demonstrate<00:18:30.650> that 00:18:31.120 --> 00:18:31.130 align:start position:0% to that block so I can demonstrate that 00:18:31.130 --> 00:18:32.740 align:start position:0% to that block so I can demonstrate that that<00:18:31.250> video<00:18:31.460> was<00:18:31.760> shot<00:18:31.790> in<00:18:32.120> that<00:18:32.270> moment<00:18:32.660> of 00:18:32.740 --> 00:18:32.750 align:start position:0% that video was shot in that moment of 00:18:32.750 --> 00:18:35.890 align:start position:0% that video was shot in that moment of time<00:18:32.990> now<00:18:33.710> that<00:18:34.100> video<00:18:34.550> is<00:18:34.820> only<00:18:35.120> for<00:18:35.480> me<00:18:35.630> I 00:18:35.890 --> 00:18:35.900 align:start position:0% time now that video is only for me I 00:18:35.900 --> 00:18:38.170 align:start position:0% time now that video is only for me I don't<00:18:36.230> need<00:18:36.500> to<00:18:36.680> polish<00:18:36.950> this<00:18:37.310> video<00:18:37.640> anywhere 00:18:38.170 --> 00:18:38.180 align:start position:0% don't need to polish this video anywhere 00:18:38.180 --> 00:18:40.120 align:start position:0% don't need to polish this video anywhere I<00:18:38.240> don't<00:18:38.510> need<00:18:38.630> to<00:18:38.750> share<00:18:39.320> this<00:18:39.500> video<00:18:39.710> on<00:18:39.890> any 00:18:40.120 --> 00:18:40.130 align:start position:0% I don't need to share this video on any 00:18:40.130 --> 00:18:41.680 align:start position:0% I don't need to share this video on any platforms<00:18:40.670> it's<00:18:40.850> strictly<00:18:41.210> can<00:18:41.510> be<00:18:41.660> a 00:18:41.680 --> 00:18:41.690 align:start position:0% platforms it's strictly can be a 00:18:41.690 --> 00:18:44.200 align:start position:0% platforms it's strictly can be a strictly<00:18:42.140> private<00:18:42.650> video<00:18:42.860> and<00:18:43.250> in<00:18:43.760> case<00:18:44.000> of 00:18:44.200 --> 00:18:44.210 align:start position:0% strictly private video and in case of 00:18:44.210 --> 00:18:46.090 align:start position:0% strictly private video and in case of conflict<00:18:44.480> in<00:18:44.840> the<00:18:44.960> future<00:18:45.290> I<00:18:45.440> can<00:18:45.530> use<00:18:45.920> the 00:18:46.090 --> 00:18:46.100 align:start position:0% conflict in the future I can use the 00:18:46.100 --> 00:18:49.450 align:start position:0% conflict in the future I can use the evidence<00:18:46.520> what<00:18:46.970> I<00:18:47.000> submit<00:18:47.890> is<00:18:48.890> among<00:18:49.430> a 00:18:49.450 --> 00:18:49.460 align:start position:0% evidence what I submit is among a 00:18:49.460 --> 00:18:52.660 align:start position:0% evidence what I submit is among a trusted<00:18:50.270> peers<00:18:50.510> I<00:18:50.900> simply<00:18:51.650> submit<00:18:52.010> a<00:18:52.040> hash<00:18:52.400> and 00:18:52.660 --> 00:18:52.670 align:start position:0% trusted peers I simply submit a hash and 00:18:52.670 --> 00:18:54.760 align:start position:0% trusted peers I simply submit a hash and these<00:18:53.240> trusted<00:18:53.660> peers<00:18:53.900> can<00:18:54.290> develop<00:18:54.680> a 00:18:54.760 --> 00:18:54.770 align:start position:0% these trusted peers can develop a 00:18:54.770 --> 00:18:57.940 align:start position:0% these trusted peers can develop a consensus<00:18:55.430> that<00:18:55.840> works<00:18:56.840> as<00:18:57.020> a<00:18:57.110> as<00:18:57.500> a<00:18:57.560> trust 00:18:57.940 --> 00:18:57.950 align:start position:0% consensus that works as a as a trust 00:18:57.950 --> 00:19:00.130 align:start position:0% consensus that works as a as a trust graph<00:18:58.160> and<00:18:58.700> it's<00:18:58.910> it's<00:18:59.210> done<00:18:59.480> strictly 00:19:00.130 --> 00:19:00.140 align:start position:0% graph and it's it's done strictly 00:19:00.140 --> 00:19:02.200 align:start position:0% graph and it's it's done strictly through<00:19:00.380> voting<00:19:00.620> and<00:19:01.070> the<00:19:01.610> reason<00:19:01.940> that<00:19:02.060> this 00:19:02.200 --> 00:19:02.210 align:start position:0% through voting and the reason that this 00:19:02.210 --> 00:19:03.760 align:start position:0% through voting and the reason that this has<00:19:02.420> to<00:19:02.570> be<00:19:02.690> done<00:19:02.900> strictly<00:19:03.140> through<00:19:03.500> voting 00:19:03.760 --> 00:19:03.770 align:start position:0% has to be done strictly through voting 00:19:03.770 --> 00:19:07.000 align:start position:0% has to be done strictly through voting is<00:19:04.190> that<00:19:04.670> in<00:19:05.240> order<00:19:05.510> to<00:19:05.810> acknowledge<00:19:06.010> human 00:19:07.000 --> 00:19:07.010 align:start position:0% is that in order to acknowledge human 00:19:07.010 --> 00:19:10.630 align:start position:0% is that in order to acknowledge human participants<00:19:07.700> in<00:19:08.360> networks<00:19:08.960> and<00:19:09.260> a<00:19:10.100> is 00:19:10.630 --> 00:19:10.640 align:start position:0% participants in networks and a is 00:19:10.640 --> 00:19:13.390 align:start position:0% participants in networks and a is machine<00:19:11.240> learning<00:19:11.690> in<00:19:11.930> your<00:19:12.110> software<00:19:12.650> only 00:19:13.390 --> 00:19:13.400 align:start position:0% machine learning in your software only 00:19:13.400 --> 00:19:14.920 align:start position:0% machine learning in your software only recognizes<00:19:14.300> patterns 00:19:14.920 --> 00:19:14.930 align:start position:0% recognizes patterns 00:19:14.930 --> 00:19:17.650 align:start position:0% recognizes patterns it<00:19:15.110> never<00:19:15.590> really<00:19:16.130> recognizes<00:19:16.910> human 00:19:17.650 --> 00:19:17.660 align:start position:0% it never really recognizes human 00:19:17.660 --> 00:19:19.570 align:start position:0% it never really recognizes human participants<00:19:18.320> it<00:19:18.530> cannot<00:19:18.860> acknowledge<00:19:19.100> other 00:19:19.570 --> 00:19:19.580 align:start position:0% participants it cannot acknowledge other 00:19:19.580 --> 00:19:21.970 align:start position:0% participants it cannot acknowledge other humans<00:19:20.060> only<00:19:20.630> people<00:19:21.110> can<00:19:21.260> acknowledge<00:19:21.740> other 00:19:21.970 --> 00:19:21.980 align:start position:0% humans only people can acknowledge other 00:19:21.980 --> 00:19:24.280 align:start position:0% humans only people can acknowledge other people<00:19:22.580> so<00:19:23.030> we<00:19:23.180> need<00:19:23.330> to<00:19:23.420> put<00:19:23.630> in<00:19:23.780> place<00:19:24.020> a 00:19:24.280 --> 00:19:24.290 align:start position:0% people so we need to put in place a 00:19:24.290 --> 00:19:26.410 align:start position:0% people so we need to put in place a protocol<00:19:25.100> that<00:19:25.400> really<00:19:25.790> brings<00:19:26.060> the 00:19:26.410 --> 00:19:26.420 align:start position:0% protocol that really brings the 00:19:26.420 --> 00:19:29.590 align:start position:0% protocol that really brings the attention<00:19:26.560> variable<00:19:27.560> in<00:19:28.310> the<00:19:28.550> way<00:19:28.760> the 00:19:29.590 --> 00:19:29.600 align:start position:0% attention variable in the way the 00:19:29.600 --> 00:19:33.160 align:start position:0% attention variable in the way the consensus<00:19:30.170> is<00:19:30.320> being<00:19:30.590> built<00:19:30.890> so<00:19:31.190> a<00:19:32.170> democratic 00:19:33.160 --> 00:19:33.170 align:start position:0% consensus is being built so a democratic 00:19:33.170 --> 00:19:35.770 align:start position:0% consensus is being built so a democratic trust<00:19:33.470> graph<00:19:33.740> and<00:19:33.980> then<00:19:34.700> the<00:19:35.090> score<00:19:35.390> of<00:19:35.600> this 00:19:35.770 --> 00:19:35.780 align:start position:0% trust graph and then the score of this 00:19:35.780 --> 00:19:38.530 align:start position:0% trust graph and then the score of this trust<00:19:36.050> graph<00:19:36.380> it<00:19:37.370> can<00:19:37.640> be<00:19:37.790> you<00:19:38.030> know<00:19:38.060> we<00:19:38.240> can<00:19:38.390> be 00:19:38.530 --> 00:19:38.540 align:start position:0% trust graph it can be you know we can be 00:19:38.540 --> 00:19:40.990 align:start position:0% trust graph it can be you know we can be based<00:19:38.780> on<00:19:38.900> reputational<00:19:39.590> algorithms<00:19:40.280> like 00:19:40.990 --> 00:19:41.000 align:start position:0% based on reputational algorithms like 00:19:41.000 --> 00:19:44.050 align:start position:0% based on reputational algorithms like PageRank<00:19:41.830> the<00:19:42.830> score<00:19:43.160> of<00:19:43.310> this<00:19:43.490> trust<00:19:43.790> graph 00:19:44.050 --> 00:19:44.060 align:start position:0% PageRank the score of this trust graph 00:19:44.060 --> 00:19:48.010 align:start position:0% PageRank the score of this trust graph then<00:19:44.600> helps<00:19:45.050> mean<00:19:45.380> a<00:19:45.860> claim<00:19:46.610> that<00:19:47.150> can<00:19:47.390> be<00:19:47.540> put 00:19:48.010 --> 00:19:48.020 align:start position:0% then helps mean a claim that can be put 00:19:48.020 --> 00:19:51.520 align:start position:0% then helps mean a claim that can be put in<00:19:48.290> an<00:19:48.440> EOC<00:19:48.730> 7/25<00:19:49.730> identity<00:19:50.420> and<00:19:50.630> the<00:19:51.200> claim 00:19:51.520 --> 00:19:51.530 align:start position:0% in an EOC 7/25 identity and the claim 00:19:51.530 --> 00:19:55.270 align:start position:0% in an EOC 7/25 identity and the claim that<00:19:51.890> we<00:19:52.250> care<00:19:52.520> about<00:19:52.750> is<00:19:53.750> simply<00:19:54.410> asking<00:19:55.040> if 00:19:55.270 --> 00:19:55.280 align:start position:0% that we care about is simply asking if 00:19:55.280 --> 00:19:57.970 align:start position:0% that we care about is simply asking if there<00:19:55.910> is<00:19:56.150> the<00:19:56.420> proof<00:19:56.720> that<00:19:57.020> is<00:19:57.110> being<00:19:57.350> on<00:19:57.830> the 00:19:57.970 --> 00:19:57.980 align:start position:0% there is the proof that is being on the 00:19:57.980 --> 00:20:00.520 align:start position:0% there is the proof that is being on the hash<00:19:58.190> that<00:19:58.400> is<00:19:58.520> going<00:19:58.700> to<00:19:58.760> be<00:19:59.290> included<00:20:00.290> in<00:20:00.410> the 00:20:00.520 --> 00:20:00.530 align:start position:0% hash that is going to be included in the 00:20:00.530 --> 00:20:03.230 align:start position:0% hash that is going to be included in the USC<00:20:00.920> 725<00:20:01.700> is<00:20:01.940> a<00:20:02.270> non<00:20:02.690> civil 00:20:03.230 --> 00:20:03.240 align:start position:0% USC 725 is a non civil 00:20:03.240 --> 00:20:05.780 align:start position:0% USC 725 is a non civil human<00:20:03.570> is<00:20:03.809> it<00:20:03.990> a<00:20:04.110> human<00:20:04.470> being<00:20:04.710> and<00:20:05.490> not<00:20:05.760> a 00:20:05.780 --> 00:20:05.790 align:start position:0% human is it a human being and not a 00:20:05.790 --> 00:20:08.570 align:start position:0% human is it a human being and not a machine<00:20:06.059> and<00:20:06.679> does<00:20:07.679> it<00:20:07.860> have<00:20:08.010> keys<00:20:08.309> in<00:20:08.490> the 00:20:08.570 --> 00:20:08.580 align:start position:0% machine and does it have keys in the 00:20:08.580 --> 00:20:11.299 align:start position:0% machine and does it have keys in the system<00:20:09.000> already<00:20:09.360> that<00:20:10.110> that's<00:20:10.410> the<00:20:10.620> main<00:20:10.950> main 00:20:11.299 --> 00:20:11.309 align:start position:0% system already that that's the main main 00:20:11.309 --> 00:20:15.110 align:start position:0% system already that that's the main main claim<00:20:12.179> that<00:20:12.360> we<00:20:12.570> need<00:20:12.750> to<00:20:12.840> verify<00:20:13.610> by<00:20:14.610> doing<00:20:15.030> a 00:20:15.110 --> 00:20:15.120 align:start position:0% claim that we need to verify by doing a 00:20:15.120 --> 00:20:17.840 align:start position:0% claim that we need to verify by doing a democratic<00:20:15.690> trust<00:20:15.960> graph<00:20:16.200> that<00:20:16.770> uses<00:20:17.220> these 00:20:17.840 --> 00:20:17.850 align:start position:0% democratic trust graph that uses these 00:20:17.850 --> 00:20:22.070 align:start position:0% democratic trust graph that uses these types<00:20:18.330> of<00:20:18.570> proofs<00:20:19.880> the<00:20:20.880> challenge<00:20:21.420> is<00:20:21.720> to 00:20:22.070 --> 00:20:22.080 align:start position:0% types of proofs the challenge is to 00:20:22.080 --> 00:20:24.410 align:start position:0% types of proofs the challenge is to build<00:20:22.230> a<00:20:22.410> system<00:20:22.620> that<00:20:23.190> can<00:20:23.429> be<00:20:23.490> deployed<00:20:23.940> in 00:20:24.410 --> 00:20:24.420 align:start position:0% build a system that can be deployed in 00:20:24.420 --> 00:20:26.810 align:start position:0% build a system that can be deployed in those<00:20:24.870> places<00:20:25.200> where<00:20:25.679> identity<00:20:26.400> is<00:20:26.550> being 00:20:26.810 --> 00:20:26.820 align:start position:0% those places where identity is being 00:20:26.820 --> 00:20:30.260 align:start position:0% those places where identity is being denied<00:20:27.380> there<00:20:28.380> are<00:20:28.500> 65<00:20:29.220> million<00:20:29.550> refugees<00:20:30.000> in 00:20:30.260 --> 00:20:30.270 align:start position:0% denied there are 65 million refugees in 00:20:30.270 --> 00:20:31.130 align:start position:0% denied there are 65 million refugees in the<00:20:30.510> world<00:20:30.720> right<00:20:30.929> now 00:20:31.130 --> 00:20:31.140 align:start position:0% the world right now 00:20:31.140 --> 00:20:34.340 align:start position:0% the world right now refugees<00:20:32.070> are<00:20:32.309> those<00:20:32.730> who's<00:20:33.090> who<00:20:33.690> who<00:20:34.020> no 00:20:34.340 --> 00:20:34.350 align:start position:0% refugees are those who's who who no 00:20:34.350 --> 00:20:36.890 align:start position:0% refugees are those who's who who no state<00:20:34.740> no<00:20:35.130> no<00:20:35.520> state<00:20:35.850> actor<00:20:36.270> anywhere<00:20:36.750> in<00:20:36.809> the 00:20:36.890 --> 00:20:36.900 align:start position:0% state no no state actor anywhere in the 00:20:36.900 --> 00:20:39.770 align:start position:0% state no no state actor anywhere in the world<00:20:37.080> is<00:20:37.230> given<00:20:37.530> them<00:20:37.679> an<00:20:37.800> identity<00:20:38.340> I<00:20:39.240> work 00:20:39.770 --> 00:20:39.780 align:start position:0% world is given them an identity I work 00:20:39.780 --> 00:20:42.080 align:start position:0% world is given them an identity I work very<00:20:40.020> closely<00:20:40.290> with<00:20:40.500> Julio<00:20:40.980> Coco<00:20:41.370> julio<00:20:41.760> Coco 00:20:42.080 --> 00:20:42.090 align:start position:0% very closely with Julio Coco julio Coco 00:20:42.090 --> 00:20:46.310 align:start position:0% very closely with Julio Coco julio Coco is<00:20:42.300> an<00:20:42.650> dissident<00:20:43.650> an<00:20:44.010> activist<00:20:45.020> activist<00:20:46.020> in 00:20:46.310 --> 00:20:46.320 align:start position:0% is an dissident an activist activist in 00:20:46.320 --> 00:20:49.070 align:start position:0% is an dissident an activist activist in Venezuela<00:20:46.860> in<00:20:47.010> Caracas<00:20:47.520> and<00:20:47.730> he<00:20:48.630> runs<00:20:48.929> a 00:20:49.070 --> 00:20:49.080 align:start position:0% Venezuela in Caracas and he runs a 00:20:49.080 --> 00:20:51.230 align:start position:0% Venezuela in Caracas and he runs a Twitter<00:20:49.290> account<00:20:49.710> that<00:20:49.800> has<00:20:50.040> over<00:20:50.280> 300,000 00:20:51.230 --> 00:20:51.240 align:start position:0% Twitter account that has over 300,000 00:20:51.240 --> 00:20:53.390 align:start position:0% Twitter account that has over 300,000 followers<00:20:51.420> he's<00:20:52.230> giving<00:20:52.530> workshops<00:20:52.830> on 00:20:53.390 --> 00:20:53.400 align:start position:0% followers he's giving workshops on 00:20:53.400 --> 00:20:55.900 align:start position:0% followers he's giving workshops on blockchain<00:20:53.880> technology<00:20:54.510> every<00:20:54.870> weekend<00:20:55.350> and 00:20:55.900 --> 00:20:55.910 align:start position:0% blockchain technology every weekend and 00:20:55.910 --> 00:20:59.360 align:start position:0% blockchain technology every weekend and the<00:20:56.910> challenge<00:20:57.450> that<00:20:57.690> when<00:20:58.559> I<00:20:58.590> met<00:20:58.830> Julio<00:20:59.220> in 00:20:59.360 --> 00:20:59.370 align:start position:0% the challenge that when I met Julio in 00:20:59.370 --> 00:21:02.030 align:start position:0% the challenge that when I met Julio in in<00:20:59.580> Caracas<00:21:00.059> three<00:21:00.570> or<00:21:00.750> four<00:21:00.960> years<00:21:01.170> ago<00:21:01.380> he 00:21:02.030 --> 00:21:02.040 align:start position:0% in Caracas three or four years ago he 00:21:02.040 --> 00:21:05.210 align:start position:0% in Caracas three or four years ago he told<00:21:02.280> me<00:21:02.400> you<00:21:02.580> know<00:21:02.840> he<00:21:03.840> asked<00:21:04.080> me<00:21:04.230> Santiago 00:21:05.210 --> 00:21:05.220 align:start position:0% told me you know he asked me Santiago 00:21:05.220 --> 00:21:08.600 align:start position:0% told me you know he asked me Santiago what<00:21:05.640> is<00:21:05.760> politics<00:21:06.390> to<00:21:07.140> you<00:21:07.350> and<00:21:07.860> I<00:21:08.070> gave<00:21:08.280> him<00:21:08.490> a 00:21:08.600 --> 00:21:08.610 align:start position:0% what is politics to you and I gave him a 00:21:08.610 --> 00:21:10.370 align:start position:0% what is politics to you and I gave him a lame<00:21:08.820> answer<00:21:09.090> like<00:21:09.450> I<00:21:09.630> don't<00:21:09.690> know<00:21:09.840> the<00:21:10.020> art<00:21:10.200> of 00:21:10.370 --> 00:21:10.380 align:start position:0% lame answer like I don't know the art of 00:21:10.380 --> 00:21:12.730 align:start position:0% lame answer like I don't know the art of the<00:21:10.500> impossible<00:21:11.010> and<00:21:11.220> he<00:21:11.280> said<00:21:11.490> no<00:21:12.030> no<00:21:12.210> no<00:21:12.390> no 00:21:12.730 --> 00:21:12.740 align:start position:0% the impossible and he said no no no no 00:21:12.740 --> 00:21:16.299 align:start position:0% the impossible and he said no no no no politics<00:21:13.740> is<00:21:13.950> one<00:21:14.250> thing<00:21:14.610> and<00:21:14.820> one<00:21:15.360> thing<00:21:15.390> only 00:21:16.299 --> 00:21:16.309 align:start position:0% politics is one thing and one thing only 00:21:16.309 --> 00:21:19.580 align:start position:0% politics is one thing and one thing only politics<00:21:17.309> is<00:21:17.460> what<00:21:17.790> you<00:21:18.000> say<00:21:18.360> in<00:21:18.720> a<00:21:19.200> given 00:21:19.580 --> 00:21:19.590 align:start position:0% politics is what you say in a given 00:21:19.590 --> 00:21:22.490 align:start position:0% politics is what you say in a given moment<00:21:19.770> in<00:21:20.160> time<00:21:20.400> that's<00:21:21.120> all<00:21:21.420> politics<00:21:22.200> about 00:21:22.490 --> 00:21:22.500 align:start position:0% moment in time that's all politics about 00:21:22.500 --> 00:21:25.880 align:start position:0% moment in time that's all politics about what<00:21:22.980> you<00:21:23.250> say<00:21:23.610> in<00:21:23.910> a<00:21:24.150> in<00:21:24.450> any<00:21:24.750> moment<00:21:25.290> in<00:21:25.650> time 00:21:25.880 --> 00:21:25.890 align:start position:0% what you say in a in any moment in time 00:21:25.890 --> 00:21:28.040 align:start position:0% what you say in a in any moment in time and<00:21:26.190> my<00:21:26.850> mind<00:21:27.090> kind<00:21:27.270> of<00:21:27.360> exploded<00:21:27.900> because 00:21:28.040 --> 00:21:28.050 align:start position:0% and my mind kind of exploded because 00:21:28.050 --> 00:21:30.230 align:start position:0% and my mind kind of exploded because that's<00:21:28.470> literally<00:21:28.890> what<00:21:29.130> lodgings<00:21:29.580> are<00:21:29.820> we've 00:21:30.230 --> 00:21:30.240 align:start position:0% that's literally what lodgings are we've 00:21:30.240 --> 00:21:32.169 align:start position:0% that's literally what lodgings are we've been<00:21:30.420> using<00:21:30.660> blockchains 00:21:32.169 --> 00:21:32.179 align:start position:0% been using blockchains 00:21:32.179 --> 00:21:35.210 align:start position:0% been using blockchains mostly<00:21:33.179> for<00:21:33.330> financial<00:21:33.929> systems<00:21:34.470> but<00:21:34.920> when<00:21:35.100> it 00:21:35.210 --> 00:21:35.220 align:start position:0% mostly for financial systems but when it 00:21:35.220 --> 00:21:36.799 align:start position:0% mostly for financial systems but when it comes<00:21:35.429> to<00:21:35.610> governance<00:21:35.940> when<00:21:36.330> it<00:21:36.420> comes<00:21:36.630> to 00:21:36.799 --> 00:21:36.809 align:start position:0% comes to governance when it comes to 00:21:36.809 --> 00:21:39.560 align:start position:0% comes to governance when it comes to politics<00:21:37.320> is<00:21:37.620> by<00:21:38.130> understanding<00:21:38.480> what<00:21:39.480> is 00:21:39.560 --> 00:21:39.570 align:start position:0% politics is by understanding what is 00:21:39.570 --> 00:21:41.540 align:start position:0% politics is by understanding what is being<00:21:39.840> said<00:21:40.230> and<00:21:40.260> what<00:21:40.620> what<00:21:40.950> kind<00:21:41.160> of<00:21:41.250> meaning 00:21:41.540 --> 00:21:41.550 align:start position:0% being said and what what kind of meaning 00:21:41.550 --> 00:21:43.070 align:start position:0% being said and what what kind of meaning is<00:21:41.910> being<00:21:42.270> attached<00:21:42.600> to<00:21:42.780> a<00:21:42.840> specific 00:21:43.070 --> 00:21:43.080 align:start position:0% is being attached to a specific 00:21:43.080 --> 00:21:47.240 align:start position:0% is being attached to a specific transaction<00:21:43.830> and<00:21:44.280> and<00:21:45.800> something<00:21:46.800> that<00:21:46.920> that 00:21:47.240 --> 00:21:47.250 align:start position:0% transaction and and something that that 00:21:47.250 --> 00:21:50.450 align:start position:0% transaction and and something that that Coconino<00:21:48.090> asked<00:21:48.390> me<00:21:48.780> back<00:21:49.620> then<00:21:49.860> is<00:21:50.010> that<00:21:50.190> he 00:21:50.450 --> 00:21:50.460 align:start position:0% Coconino asked me back then is that he 00:21:50.460 --> 00:21:52.760 align:start position:0% Coconino asked me back then is that he has<00:21:50.640> a<00:21:50.670> very<00:21:51.120> important<00:21:51.660> need<00:21:51.809> to<00:21:52.140> organize 00:21:52.760 --> 00:21:52.770 align:start position:0% has a very important need to organize 00:21:52.770 --> 00:21:55.580 align:start position:0% has a very important need to organize his<00:21:53.130> network<00:21:53.580> of<00:21:53.760> dissidents<00:21:54.390> using<00:21:55.380> social 00:21:55.580 --> 00:21:55.590 align:start position:0% his network of dissidents using social 00:21:55.590 --> 00:21:58.340 align:start position:0% his network of dissidents using social media<00:21:55.830> using<00:21:56.370> digital<00:21:56.790> networks<00:21:57.510> but<00:21:58.080> it's<00:21:58.230> a 00:21:58.340 --> 00:21:58.350 align:start position:0% media using digital networks but it's a 00:21:58.350 --> 00:22:00.950 align:start position:0% media using digital networks but it's a very<00:21:58.710> huge<00:21:59.130> risk<00:21:59.460> because<00:21:59.790> all<00:22:00.120> of<00:22:00.150> the<00:22:00.360> ISPs 00:22:00.950 --> 00:22:00.960 align:start position:0% very huge risk because all of the ISPs 00:22:00.960 --> 00:22:03.260 align:start position:0% very huge risk because all of the ISPs are<00:22:01.320> controlled<00:22:02.100> by<00:22:02.190> the<00:22:02.309> government<00:22:02.850> to 00:22:03.260 --> 00:22:03.270 align:start position:0% are controlled by the government to 00:22:03.270 --> 00:22:07.070 align:start position:0% are controlled by the government to expose<00:22:03.690> any<00:22:03.990> kind<00:22:04.470> of<00:22:04.590> identity<00:22:05.390> even<00:22:06.390> email 00:22:07.070 --> 00:22:07.080 align:start position:0% expose any kind of identity even email 00:22:07.080 --> 00:22:09.470 align:start position:0% expose any kind of identity even email or<00:22:07.320> any<00:22:07.530> kind<00:22:07.860> of<00:22:08.010> identity<00:22:08.790> that<00:22:09.030> could<00:22:09.240> track 00:22:09.470 --> 00:22:09.480 align:start position:0% or any kind of identity that could track 00:22:09.480 --> 00:22:12.740 align:start position:0% or any kind of identity that could track them<00:22:09.660> down<00:22:09.950> inside<00:22:10.950> Venezuela<00:22:11.460> so<00:22:11.970> being<00:22:12.570> able 00:22:12.740 --> 00:22:12.750 align:start position:0% them down inside Venezuela so being able 00:22:12.750 --> 00:22:15.080 align:start position:0% them down inside Venezuela so being able to<00:22:12.929> organize<00:22:13.260> online<00:22:14.040> while<00:22:14.610> preserving 00:22:15.080 --> 00:22:15.090 align:start position:0% to organize online while preserving 00:22:15.090 --> 00:22:16.970 align:start position:0% to organize online while preserving their<00:22:15.480> anonymity<00:22:15.900> by<00:22:16.590> being 00:22:16.970 --> 00:22:16.980 align:start position:0% their anonymity by being 00:22:16.980 --> 00:22:20.299 align:start position:0% their anonymity by being able<00:22:17.280> to<00:22:17.400> effectively<00:22:17.880> signal<00:22:18.510> identity<00:22:19.309> and 00:22:20.299 --> 00:22:20.309 align:start position:0% able to effectively signal identity and 00:22:20.309 --> 00:22:23.120 align:start position:0% able to effectively signal identity and at<00:22:21.059> the<00:22:21.299> same<00:22:21.480> time<00:22:21.690> signal<00:22:22.260> the<00:22:22.410> legitimacy 00:22:23.120 --> 00:22:23.130 align:start position:0% at the same time signal the legitimacy 00:22:23.130 --> 00:22:25.190 align:start position:0% at the same time signal the legitimacy of<00:22:23.309> those<00:22:23.520> identities<00:22:24.299> but<00:22:24.720> without 00:22:25.190 --> 00:22:25.200 align:start position:0% of those identities but without 00:22:25.200 --> 00:22:27.289 align:start position:0% of those identities but without revealing<00:22:25.620> revealing<00:22:26.580> any<00:22:26.760> personal 00:22:27.289 --> 00:22:27.299 align:start position:0% revealing revealing any personal 00:22:27.299 --> 00:22:30.020 align:start position:0% revealing revealing any personal information<00:22:27.419> is<00:22:28.140> extremely<00:22:28.860> relevant<00:22:29.250> for 00:22:30.020 --> 00:22:30.030 align:start position:0% information is extremely relevant for 00:22:30.030 --> 00:22:31.810 align:start position:0% information is extremely relevant for these<00:22:30.179> political<00:22:30.390> communities<00:22:31.320> to<00:22:31.770> organize 00:22:31.810 --> 00:22:31.820 align:start position:0% these political communities to organize 00:22:31.820 --> 00:22:35.150 align:start position:0% these political communities to organize in<00:22:32.820> an<00:22:33.000> environment<00:22:33.660> in<00:22:34.200> a<00:22:34.350> Victoria<00:22:34.950> in<00:22:35.070> the 00:22:35.150 --> 00:22:35.160 align:start position:0% in an environment in a Victoria in the 00:22:35.160 --> 00:22:37.690 align:start position:0% in an environment in a Victoria in the duct<00:22:35.400> Oriole<00:22:35.700> environment<00:22:36.290> like<00:22:37.290> the<00:22:37.440> one 00:22:37.690 --> 00:22:37.700 align:start position:0% duct Oriole environment like the one 00:22:37.700 --> 00:22:41.240 align:start position:0% duct Oriole environment like the one that<00:22:38.700> Venezuela<00:22:39.120> has<00:22:39.299> is<00:22:39.900> being<00:22:40.250> transformed 00:22:41.240 --> 00:22:41.250 align:start position:0% that Venezuela has is being transformed 00:22:41.250 --> 00:22:45.860 align:start position:0% that Venezuela has is being transformed into<00:22:42.620> the<00:22:43.620> metric<00:22:44.040> we<00:22:44.070> care<00:22:44.460> about<00:22:44.580> in<00:22:45.480> what<00:22:45.720> we 00:22:45.860 --> 00:22:45.870 align:start position:0% into the metric we care about in what we 00:22:45.870 --> 00:22:47.480 align:start position:0% into the metric we care about in what we are<00:22:45.900> designing<00:22:46.380> as<00:22:46.620> a<00:22:46.650> system<00:22:47.160> is 00:22:47.480 --> 00:22:47.490 align:start position:0% are designing as a system is 00:22:47.490 --> 00:22:49.909 align:start position:0% are designing as a system is fundamentally<00:22:48.419> inclusion<00:22:49.169> you<00:22:49.530> know<00:22:49.620> we<00:22:49.770> have 00:22:49.909 --> 00:22:49.919 align:start position:0% fundamentally inclusion you know we have 00:22:49.919 --> 00:22:51.680 align:start position:0% fundamentally inclusion you know we have a<00:22:49.950> lot<00:22:50.190> of<00:22:50.220> metrics<00:22:50.730> to<00:22:50.850> benchmark<00:22:51.510> and 00:22:51.680 --> 00:22:51.690 align:start position:0% a lot of metrics to benchmark and 00:22:51.690 --> 00:22:55.760 align:start position:0% a lot of metrics to benchmark and measure<00:22:52.880> crypto<00:22:53.880> networks<00:22:54.270> out<00:22:54.450> there<00:22:54.809> you 00:22:55.760 --> 00:22:55.770 align:start position:0% measure crypto networks out there you 00:22:55.770 --> 00:22:57.560 align:start position:0% measure crypto networks out there you know<00:22:55.830> most<00:22:56.250> of<00:22:56.370> them<00:22:56.549> are<00:22:56.730> tied<00:22:57.030> to<00:22:57.330> financial 00:22:57.560 --> 00:22:57.570 align:start position:0% know most of them are tied to financial 00:22:57.570 --> 00:23:00.049 align:start position:0% know most of them are tied to financial performance<00:22:58.110> but<00:22:59.100> the<00:22:59.220> challenge<00:22:59.580> for<00:22:59.760> us<00:22:59.790> is 00:23:00.049 --> 00:23:00.059 align:start position:0% performance but the challenge for us is 00:23:00.059 --> 00:23:02.690 align:start position:0% performance but the challenge for us is to<00:23:00.090> figure<00:23:00.480> out<00:23:00.690> a<00:23:00.750> mechanism<00:23:01.080> that<00:23:02.040> we<00:23:02.400> were 00:23:02.690 --> 00:23:02.700 align:start position:0% to figure out a mechanism that we were 00:23:02.700 --> 00:23:04.789 align:start position:0% to figure out a mechanism that we were by<00:23:03.059> allocating<00:23:03.630> you<00:23:04.110> know<00:23:04.200> this<00:23:04.440> claim<00:23:04.770> on 00:23:04.789 --> 00:23:04.799 align:start position:0% by allocating you know this claim on 00:23:04.799 --> 00:23:09.590 align:start position:0% by allocating you know this claim on Yossi<00:23:05.400> 725<00:23:06.179> identities<00:23:06.900> that<00:23:07.890> you<00:23:08.340> know<00:23:08.600> other 00:23:09.590 --> 00:23:09.600 align:start position:0% Yossi 725 identities that you know other 00:23:09.600 --> 00:23:11.630 align:start position:0% Yossi 725 identities that you know other states<00:23:10.049> that<00:23:10.380> you<00:23:10.500> are<00:23:10.559> effectively<00:23:11.070> a<00:23:11.160> human 00:23:11.630 --> 00:23:11.640 align:start position:0% states that you are effectively a human 00:23:11.640 --> 00:23:13.940 align:start position:0% states that you are effectively a human participant<00:23:12.390> and<00:23:12.540> you<00:23:13.110> don't<00:23:13.290> hold<00:23:13.500> keys<00:23:13.770> in 00:23:13.940 --> 00:23:13.950 align:start position:0% participant and you don't hold keys in 00:23:13.950 --> 00:23:15.799 align:start position:0% participant and you don't hold keys in the<00:23:14.070> system<00:23:14.490> and<00:23:14.669> by<00:23:15.059> doing<00:23:15.270> it<00:23:15.540> through<00:23:15.780> a 00:23:15.799 --> 00:23:15.809 align:start position:0% the system and by doing it through a 00:23:15.809 --> 00:23:17.630 align:start position:0% the system and by doing it through a democratic<00:23:16.470> consensus<00:23:17.070> that<00:23:17.250> can<00:23:17.429> use<00:23:17.610> a 00:23:17.630 --> 00:23:17.640 align:start position:0% democratic consensus that can use a 00:23:17.640 --> 00:23:20.030 align:start position:0% democratic consensus that can use a trust<00:23:18.090> graph<00:23:18.360> then<00:23:18.900> what<00:23:19.169> we<00:23:19.320> can<00:23:19.799> end<00:23:19.950> up 00:23:20.030 --> 00:23:20.040 align:start position:0% trust graph then what we can end up 00:23:20.040 --> 00:23:21.919 align:start position:0% trust graph then what we can end up measuring<00:23:20.309> in<00:23:20.640> the<00:23:20.669> network<00:23:21.090> is<00:23:21.240> how<00:23:21.720> many 00:23:21.919 --> 00:23:21.929 align:start position:0% measuring in the network is how many 00:23:21.929 --> 00:23:23.539 align:start position:0% measuring in the network is how many people<00:23:22.290> we<00:23:22.440> are<00:23:22.470> including<00:23:23.010> we<00:23:23.220> should<00:23:23.400> be 00:23:23.539 --> 00:23:23.549 align:start position:0% people we are including we should be 00:23:23.549 --> 00:23:25.909 align:start position:0% people we are including we should be able<00:23:23.730> to<00:23:23.970> easily<00:23:24.210> include<00:23:24.809> each<00:23:25.080> one<00:23:25.440> of<00:23:25.559> us<00:23:25.679> in 00:23:25.909 --> 00:23:25.919 align:start position:0% able to easily include each one of us in 00:23:25.919 --> 00:23:27.770 align:start position:0% able to easily include each one of us in this<00:23:26.040> room<00:23:26.220> or<00:23:26.429> each<00:23:26.549> one<00:23:26.760> of<00:23:26.880> us<00:23:27.000> in<00:23:27.299> this<00:23:27.540> city 00:23:27.770 --> 00:23:27.780 align:start position:0% this room or each one of us in this city 00:23:27.780 --> 00:23:30.080 align:start position:0% this room or each one of us in this city in<00:23:27.990> this<00:23:28.020> country<00:23:28.549> eventually<00:23:29.549> scale 00:23:30.080 --> 00:23:30.090 align:start position:0% in this country eventually scale 00:23:30.090 --> 00:23:32.299 align:start position:0% in this country eventually scale hopefully<00:23:30.780> if<00:23:30.929> you<00:23:31.169> know<00:23:31.290> the<00:23:31.620> roadmap<00:23:32.040> of<00:23:32.190> the 00:23:32.299 --> 00:23:32.309 align:start position:0% hopefully if you know the roadmap of the 00:23:32.309 --> 00:23:35.000 align:start position:0% hopefully if you know the roadmap of the theorem<00:23:32.610> is<00:23:32.700> able<00:23:33.030> to<00:23:33.210> deliver<00:23:33.900> the<00:23:34.860> whole 00:23:35.000 --> 00:23:35.010 align:start position:0% theorem is able to deliver the whole 00:23:35.010 --> 00:23:38.750 align:start position:0% theorem is able to deliver the whole world<00:23:35.840> so<00:23:36.840> I<00:23:37.200> will<00:23:37.620> end<00:23:37.770> up<00:23:37.919> with<00:23:38.220> a<00:23:38.250> closing 00:23:38.750 --> 00:23:38.760 align:start position:0% world so I will end up with a closing 00:23:38.760 --> 00:23:42.140 align:start position:0% world so I will end up with a closing statement<00:23:38.880> from<00:23:39.809> beautiful<00:23:40.500> text<00:23:41.070> by<00:23:41.460> written 00:23:42.140 --> 00:23:42.150 align:start position:0% statement from beautiful text by written 00:23:42.150 --> 00:23:45.650 align:start position:0% statement from beautiful text by written by<00:23:42.270> John<00:23:42.540> Perry<00:23:42.780> Barlow<00:23:42.870> in<00:23:43.490> 1996<00:23:44.660> a 00:23:45.650 --> 00:23:45.660 align:start position:0% by John Perry Barlow in 1996 a 00:23:45.660 --> 00:23:47.390 align:start position:0% by John Perry Barlow in 1996 a declaration<00:23:46.410> of<00:23:46.530> the<00:23:46.559> independence<00:23:46.740> of 00:23:47.390 --> 00:23:47.400 align:start position:0% declaration of the independence of 00:23:47.400 --> 00:23:51.080 align:start position:0% declaration of the independence of cyberspace<00:23:47.910> and<00:23:48.510> he<00:23:49.260> ends<00:23:49.799> that<00:23:50.730> that 00:23:51.080 --> 00:23:51.090 align:start position:0% cyberspace and he ends that that 00:23:51.090 --> 00:23:54.200 align:start position:0% cyberspace and he ends that that beautiful<00:23:51.530> manifesto<00:23:52.530> saying<00:23:53.250> we<00:23:54.000> will 00:23:54.200 --> 00:23:54.210 align:start position:0% beautiful manifesto saying we will 00:23:54.210 --> 00:23:56.600 align:start position:0% beautiful manifesto saying we will create<00:23:54.480> a<00:23:54.840> civilization<00:23:55.740> of<00:23:55.860> the<00:23:55.919> mind<00:23:56.309> in 00:23:56.600 --> 00:23:56.610 align:start position:0% create a civilization of the mind in 00:23:56.610 --> 00:23:57.700 align:start position:0% create a civilization of the mind in cyberspace 00:23:57.700 --> 00:23:57.710 align:start position:0% cyberspace 00:23:57.710 --> 00:24:01.610 align:start position:0% cyberspace maybe<00:23:58.710> more<00:23:59.100> humane<00:23:59.940> and<00:24:00.360> I<00:24:00.630> highlight<00:24:01.169> the<00:24:01.440> in 00:24:01.610 --> 00:24:01.620 align:start position:0% maybe more humane and I highlight the in 00:24:01.620 --> 00:24:04.250 align:start position:0% maybe more humane and I highlight the in his<00:24:01.860> choice<00:24:02.130> of<00:24:02.340> words<00:24:02.400> by<00:24:03.270> saying<00:24:03.690> that<00:24:03.960> you 00:24:04.250 --> 00:24:04.260 align:start position:0% his choice of words by saying that you 00:24:04.260 --> 00:24:06.710 align:start position:0% his choice of words by saying that you know<00:24:04.320> this<00:24:04.530> network<00:24:05.010> needs<00:24:05.220> to<00:24:05.460> be<00:24:05.730> humane<00:24:06.299> we 00:24:06.710 --> 00:24:06.720 align:start position:0% know this network needs to be humane we 00:24:06.720 --> 00:24:09.710 align:start position:0% know this network needs to be humane we need<00:24:06.900> to<00:24:07.049> put<00:24:07.260> you<00:24:07.770> know<00:24:07.890> power<00:24:08.880> in<00:24:09.240> people's 00:24:09.710 --> 00:24:09.720 align:start position:0% need to put you know power in people's 00:24:09.720 --> 00:24:12.919 align:start position:0% need to put you know power in people's hands<00:24:10.290> the<00:24:10.710> AIS<00:24:11.250> are<00:24:11.669> already<00:24:12.299> ruling<00:24:12.690> the 00:24:12.919 --> 00:24:12.929 align:start position:0% hands the AIS are already ruling the 00:24:12.929 --> 00:24:15.530 align:start position:0% hands the AIS are already ruling the world<00:24:12.960> you<00:24:13.380> know<00:24:13.470> a<00:24:13.710> eyes<00:24:13.950> have<00:24:14.580> already<00:24:14.790> put<00:24:15.419> a 00:24:15.530 --> 00:24:15.540 align:start position:0% world you know a eyes have already put a 00:24:15.540 --> 00:24:18.590 align:start position:0% world you know a eyes have already put a meme<00:24:15.870> in<00:24:16.110> the<00:24:16.230> White<00:24:16.440> House<00:24:16.710> and<00:24:17.040> so<00:24:17.910> we<00:24:18.360> need 00:24:18.590 --> 00:24:18.600 align:start position:0% meme in the White House and so we need 00:24:18.600 --> 00:24:21.650 align:start position:0% meme in the White House and so we need to<00:24:18.630> may<00:24:19.020> be<00:24:19.080> more<00:24:19.530> humane<00:24:19.980> and<00:24:20.280> fair<00:24:21.000> than<00:24:21.510> the 00:24:21.650 --> 00:24:21.660 align:start position:0% to may be more humane and fair than the 00:24:21.660 --> 00:24:23.390 align:start position:0% to may be more humane and fair than the world<00:24:21.870> your<00:24:22.169> governments<00:24:22.770> have<00:24:23.010> made<00:24:23.040> before 00:24:23.390 --> 00:24:23.400 align:start position:0% world your governments have made before 00:24:23.400 --> 00:24:26.120 align:start position:0% world your governments have made before and<00:24:23.940> he's<00:24:24.179> talking<00:24:24.690> to<00:24:24.870> he's<00:24:25.500> talking<00:24:25.860> to<00:24:25.980> the 00:24:26.120 --> 00:24:26.130 align:start position:0% and he's talking to he's talking to the 00:24:26.130 --> 00:24:27.909 align:start position:0% and he's talking to he's talking to the industrial<00:24:26.669> governments<00:24:27.150> of<00:24:27.299> the<00:24:27.419> past 00:24:27.909 --> 00:24:27.919 align:start position:0% industrial governments of the past 00:24:27.919 --> 00:24:30.540 align:start position:0% industrial governments of the past beautiful<00:24:28.919> text<00:24:29.220> I<00:24:29.340> encourage<00:24:29.669> you<00:24:29.790> to<00:24:29.820> look 00:24:30.540 --> 00:24:30.550 align:start position:0% beautiful text I encourage you to look 00:24:30.550 --> 00:24:33.840 align:start position:0% beautiful text I encourage you to look for<00:24:30.670> this<00:24:31.050> and<00:24:32.050> you<00:24:32.770> can<00:24:32.980> you<00:24:33.280> know<00:24:33.310> follow<00:24:33.670> me 00:24:33.840 --> 00:24:33.850 align:start position:0% for this and you can you know follow me 00:24:33.850 --> 00:24:36.570 align:start position:0% for this and you can you know follow me on<00:24:33.970> Twitter<00:24:34.180> and<00:24:34.480> at<00:24:34.750> Santa<00:24:35.350> City<00:24:35.620> Santa<00:24:36.430> at 00:24:36.570 --> 00:24:36.580 align:start position:0% on Twitter and at Santa City Santa at 00:24:36.580 --> 00:24:39.210 align:start position:0% on Twitter and at Santa City Santa at democracy<00:24:37.240> dot<00:24:37.390> Earth<00:24:37.830> we're<00:24:38.830> gonna<00:24:39.040> be 00:24:39.210 --> 00:24:39.220 align:start position:0% democracy dot Earth we're gonna be 00:24:39.220 --> 00:24:41.610 align:start position:0% democracy dot Earth we're gonna be launching<00:24:40.150> the<00:24:40.660> new<00:24:40.810> version<00:24:41.110> of<00:24:41.170> sovereign 00:24:41.610 --> 00:24:41.620 align:start position:0% launching the new version of sovereign 00:24:41.620 --> 00:24:43.680 align:start position:0% launching the new version of sovereign which<00:24:41.800> is<00:24:41.950> liquid<00:24:42.430> democracy<00:24:42.550> in<00:24:43.240> a<00:24:43.330> social 00:24:43.680 --> 00:24:43.690 align:start position:0% which is liquid democracy in a social 00:24:43.690 --> 00:24:46.380 align:start position:0% which is liquid democracy in a social media<00:24:43.960> form<00:24:44.230> and<00:24:44.440> enable<00:24:45.340> it<00:24:45.400> by<00:24:45.430> with<00:24:45.880> every 00:24:46.380 --> 00:24:46.390 align:start position:0% media form and enable it by with every 00:24:46.390 --> 00:24:48.180 align:start position:0% media form and enable it by with every token<00:24:46.780> that<00:24:46.810> is<00:24:46.960> out<00:24:47.230> there<00:24:47.500> not<00:24:47.740> just<00:24:47.770> our 00:24:48.180 --> 00:24:48.190 align:start position:0% token that is out there not just our 00:24:48.190 --> 00:24:50.850 align:start position:0% token that is out there not just our token<00:24:48.810> and<00:24:49.810> we're<00:24:50.320> going<00:24:50.440> to<00:24:50.470> be<00:24:50.560> launching 00:24:50.850 --> 00:24:50.860 align:start position:0% token and we're going to be launching 00:24:50.860 --> 00:24:53.850 align:start position:0% token and we're going to be launching this<00:24:51.010> November<00:24:51.580> 15<00:24:52.000> so<00:24:52.840> if<00:24:53.140> you<00:24:53.320> register<00:24:53.740> on 00:24:53.850 --> 00:24:53.860 align:start position:0% this November 15 so if you register on 00:24:53.860 --> 00:24:55.860 align:start position:0% this November 15 so if you register on the<00:24:53.950> website<00:24:53.980> before<00:24:54.730> November<00:24:55.180> 2nd<00:24:55.690> I've 00:24:55.860 --> 00:24:55.870 align:start position:0% the website before November 2nd I've 00:24:55.870 --> 00:24:57.510 align:start position:0% the website before November 2nd I've heard<00:24:56.200> you're<00:24:57.010> gonna<00:24:57.190> be<00:24:57.280> hearing 00:24:57.510 --> 00:24:57.520 align:start position:0% heard you're gonna be hearing 00:24:57.520 --> 00:24:59.700 align:start position:0% heard you're gonna be hearing interesting<00:24:58.120> news<00:24:58.270> from<00:24:58.450> us<00:24:58.660> that<00:24:59.230> we<00:24:59.410> cannot 00:24:59.700 --> 00:24:59.710 align:start position:0% interesting news from us that we cannot 00:24:59.710 --> 00:25:02.280 align:start position:0% interesting news from us that we cannot share<00:25:00.220> in<00:25:00.430> public<00:25:00.790> probably<00:25:01.150> due<00:25:01.720> to<00:25:01.750> regulate 00:25:02.280 --> 00:25:02.290 align:start position:0% share in public probably due to regulate 00:25:02.290 --> 00:25:06.510 align:start position:0% share in public probably due to regulate regulatory<00:25:03.160> aspects<00:25:03.550> and<00:25:03.730> stuff<00:25:04.210> so<00:25:05.520> thank 00:25:06.510 --> 00:25:06.520 align:start position:0% regulatory aspects and stuff so thank 00:25:06.520 --> 00:25:15.120 align:start position:0% regulatory aspects and stuff so thank you<00:25:06.700> and<00:25:06.940> if<00:25:07.750> there<00:25:08.020> are<00:25:08.080> any<00:25:08.200> questions<00:25:14.130> we 00:25:15.120 --> 00:25:15.130 align:start position:0% you and if there are any questions we 00:25:15.130 --> 00:25:17.340 align:start position:0% you and if there are any questions we have<00:25:15.190> time<00:25:15.640> for<00:25:15.670> one<00:25:15.970> maybe<00:25:16.540> two<00:25:16.870> questions 00:25:17.340 --> 00:25:17.350 align:start position:0% have time for one maybe two questions 00:25:17.350 --> 00:25:24.720 align:start position:0% have time for one maybe two questions does<00:25:17.530> anybody<00:25:17.680> have<00:25:17.920> a<00:25:17.950> question<00:25:18.160> I<00:25:23.130> have<00:25:24.130> one 00:25:24.720 --> 00:25:24.730 align:start position:0% does anybody have a question I have one 00:25:24.730 --> 00:25:29.250 align:start position:0% does anybody have a question I have one question<00:25:25.230> given<00:25:26.230> that<00:25:26.380> no<00:25:27.510> oh<00:25:28.510> great<00:25:28.870> we<00:25:29.140> got 00:25:29.250 --> 00:25:29.260 align:start position:0% question given that no oh great we got 00:25:29.260 --> 00:25:32.760 align:start position:0% question given that no oh great we got someone<00:25:29.590> not<00:25:29.740> me<00:25:30.840> not<00:25:31.840> sure<00:25:31.990> if<00:25:32.110> you<00:25:32.320> I'm<00:25:32.650> not 00:25:32.760 --> 00:25:32.770 align:start position:0% someone not me not sure if you I'm not 00:25:32.770 --> 00:25:33.930 align:start position:0% someone not me not sure if you I'm not sure<00:25:32.830> I<00:25:32.950> think<00:25:33.130> thanks<00:25:33.400> for<00:25:33.490> your<00:25:33.550> talk<00:25:33.700> was 00:25:33.930 --> 00:25:33.940 align:start position:0% sure I think thanks for your talk was 00:25:33.940 --> 00:25:36.210 align:start position:0% sure I think thanks for your talk was enlightening<00:25:34.750> I'm<00:25:35.710> not<00:25:35.920> sure<00:25:36.040> if<00:25:36.130> you 00:25:36.210 --> 00:25:36.220 align:start position:0% enlightening I'm not sure if you 00:25:36.220 --> 00:25:38.010 align:start position:0% enlightening I'm not sure if you mentioned<00:25:36.550> it<00:25:36.670> but<00:25:36.880> I<00:25:37.150> think<00:25:37.660> it's<00:25:37.840> really 00:25:38.010 --> 00:25:38.020 align:start position:0% mentioned it but I think it's really 00:25:38.020 --> 00:25:39.450 align:start position:0% mentioned it but I think it's really important<00:25:38.350> especially<00:25:38.410> in<00:25:38.770> governance<00:25:39.160> to 00:25:39.450 --> 00:25:39.460 align:start position:0% important especially in governance to 00:25:39.460 --> 00:25:42.330 align:start position:0% important especially in governance to also<00:25:39.850> think<00:25:40.030> about<00:25:40.150> the<00:25:40.450> transitional<00:25:41.340> moment 00:25:42.330 --> 00:25:42.340 align:start position:0% also think about the transitional moment 00:25:42.340 --> 00:25:44.700 align:start position:0% also think about the transitional moment when<00:25:42.580> people<00:25:43.030> are<00:25:43.240> not<00:25:43.420> Unchained<00:25:43.960> and<00:25:44.140> not<00:25:44.440> in 00:25:44.700 --> 00:25:44.710 align:start position:0% when people are not Unchained and not in 00:25:44.710 --> 00:25:47.400 align:start position:0% when people are not Unchained and not in the<00:25:45.250> blockchain<00:25:45.460> right<00:25:45.970> and<00:25:46.240> how<00:25:46.960> do<00:25:47.020> we<00:25:47.170> cope 00:25:47.400 --> 00:25:47.410 align:start position:0% the blockchain right and how do we cope 00:25:47.410 --> 00:25:49.200 align:start position:0% the blockchain right and how do we cope with<00:25:47.440> this<00:25:47.770> transitional<00:25:48.460> moment<00:25:48.580> right<00:25:48.970> of 00:25:49.200 --> 00:25:49.210 align:start position:0% with this transitional moment right of 00:25:49.210 --> 00:25:50.760 align:start position:0% with this transitional moment right of because<00:25:49.750> you<00:25:49.870> talked<00:25:50.050> about<00:25:50.110> inclusion 00:25:50.760 --> 00:25:50.770 align:start position:0% because you talked about inclusion 00:25:50.770 --> 00:25:53.430 align:start position:0% because you talked about inclusion what<00:25:51.310> is<00:25:51.430> this<00:25:51.610> chasm<00:25:52.150> that<00:25:52.360> will<00:25:53.170> basically 00:25:53.430 --> 00:25:53.440 align:start position:0% what is this chasm that will basically 00:25:53.440 --> 00:25:56.490 align:start position:0% what is this chasm that will basically be<00:25:54.280> a<00:25:54.310> challenge<00:25:54.760> to<00:25:54.820> basically<00:25:55.450> create<00:25:56.230> from 00:25:56.490 --> 00:25:56.500 align:start position:0% be a challenge to basically create from 00:25:56.500 --> 00:25:59.280 align:start position:0% be a challenge to basically create from one<00:25:56.620> point<00:25:56.770> inclusion<00:25:57.280> well<00:25:58.170> excluding<00:25:59.170> the 00:25:59.280 --> 00:25:59.290 align:start position:0% one point inclusion well excluding the 00:25:59.290 --> 00:26:00.900 align:start position:0% one point inclusion well excluding the ones<00:25:59.320> that<00:25:59.710> are<00:25:59.830> not<00:25:59.950> in<00:26:00.250> the<00:26:00.370> inclusion<00:26:00.790> if 00:26:00.900 --> 00:26:00.910 align:start position:0% ones that are not in the inclusion if 00:26:00.910 --> 00:26:03.600 align:start position:0% ones that are not in the inclusion if you<00:26:01.030> see<00:26:01.180> what<00:26:01.300> I<00:26:01.330> mean<00:26:01.540> it's<00:26:02.440> it's<00:26:02.710> critical 00:26:03.600 --> 00:26:03.610 align:start position:0% you see what I mean it's it's critical 00:26:03.610 --> 00:26:07.500 align:start position:0% you see what I mean it's it's critical question<00:26:04.260> we're<00:26:05.260> doing<00:26:05.470> a<00:26:06.000> bunch<00:26:07.000> of<00:26:07.090> projects 00:26:07.500 --> 00:26:07.510 align:start position:0% question we're doing a bunch of projects 00:26:07.510 --> 00:26:08.940 align:start position:0% question we're doing a bunch of projects right<00:26:07.660> now<00:26:07.720> for<00:26:08.050> example<00:26:08.410> we're<00:26:08.560> working<00:26:08.830> with 00:26:08.940 --> 00:26:08.950 align:start position:0% right now for example we're working with 00:26:08.950 --> 00:26:10.890 align:start position:0% right now for example we're working with the<00:26:09.070> Congress<00:26:09.610> of<00:26:09.790> Wayne<00:26:10.090> Osiris<00:26:10.540> and<00:26:10.690> we're 00:26:10.890 --> 00:26:10.900 align:start position:0% the Congress of Wayne Osiris and we're 00:26:10.900 --> 00:26:12.360 align:start position:0% the Congress of Wayne Osiris and we're you<00:26:11.170> know<00:26:11.260> we<00:26:11.380> have<00:26:11.560> implemented<00:26:12.100> with<00:26:12.250> them 00:26:12.360 --> 00:26:12.370 align:start position:0% you know we have implemented with them 00:26:12.370 --> 00:26:14.280 align:start position:0% you know we have implemented with them before<00:26:12.700> a<00:26:12.730> Digital<00:26:13.240> democracy<00:26:13.510> platform 00:26:14.280 --> 00:26:14.290 align:start position:0% before a Digital democracy platform 00:26:14.290 --> 00:26:17.610 align:start position:0% before a Digital democracy platform traditional<00:26:14.860> web<00:26:15.040> app<00:26:15.190> and<00:26:16.320> now<00:26:17.320> we're<00:26:17.470> gonna 00:26:17.610 --> 00:26:17.620 align:start position:0% traditional web app and now we're gonna 00:26:17.620 --> 00:26:19.140 align:start position:0% traditional web app and now we're gonna take<00:26:17.830> the<00:26:17.980> opportunity<00:26:18.520> to<00:26:18.670> try<00:26:18.850> to<00:26:18.910> figure 00:26:19.140 --> 00:26:19.150 align:start position:0% take the opportunity to try to figure 00:26:19.150 --> 00:26:21.330 align:start position:0% take the opportunity to try to figure out<00:26:19.330> how<00:26:19.600> to<00:26:19.660> airdrop<00:26:20.140> at<00:26:20.560> least<00:26:20.830> one<00:26:21.070> token 00:26:21.330 --> 00:26:21.340 align:start position:0% out how to airdrop at least one token 00:26:21.340 --> 00:26:23.490 align:start position:0% out how to airdrop at least one token and<00:26:21.550> on<00:26:21.760> each<00:26:22.030> of<00:26:22.060> the<00:26:22.420> validated<00:26:22.780> accounts 00:26:23.490 --> 00:26:23.500 align:start position:0% and on each of the validated accounts 00:26:23.500 --> 00:26:25.020 align:start position:0% and on each of the validated accounts using<00:26:23.650> a<00:26:23.860> traditional<00:26:24.070> mechanism<00:26:24.910> for 00:26:25.020 --> 00:26:25.030 align:start position:0% using a traditional mechanism for 00:26:25.030 --> 00:26:27.720 align:start position:0% using a traditional mechanism for validation<00:26:25.630> through<00:26:26.260> phone<00:26:27.160> call<00:26:27.400> and 00:26:27.720 --> 00:26:27.730 align:start position:0% validation through phone call and 00:26:27.730 --> 00:26:30.930 align:start position:0% validation through phone call and through<00:26:28.150> email<00:26:28.980> and<00:26:29.980> we're<00:26:30.160> gonna<00:26:30.310> on<00:26:30.640> this 00:26:30.930 --> 00:26:30.940 align:start position:0% through email and we're gonna on this 00:26:30.940 --> 00:26:32.880 align:start position:0% through email and we're gonna on this pilot<00:26:31.360> you<00:26:31.480> know<00:26:31.540> we're<00:26:32.170> gonna<00:26:32.290> airdrop<00:26:32.740> the 00:26:32.880 --> 00:26:32.890 align:start position:0% pilot you know we're gonna airdrop the 00:26:32.890 --> 00:26:34.470 align:start position:0% pilot you know we're gonna airdrop the token<00:26:33.220> then<00:26:33.370> it's<00:26:33.550> the<00:26:33.700> matter<00:26:33.880> of<00:26:34.090> well<00:26:34.300> they 00:26:34.470 --> 00:26:34.480 align:start position:0% token then it's the matter of well they 00:26:34.480 --> 00:26:36.440 align:start position:0% token then it's the matter of well they will<00:26:34.720> they<00:26:34.930> be<00:26:34.990> able<00:26:35.320> to<00:26:35.500> use<00:26:35.830> the<00:26:36.010> token 00:26:36.440 --> 00:26:36.450 align:start position:0% will they be able to use the token 00:26:36.450 --> 00:26:39.000 align:start position:0% will they be able to use the token prolly<00:26:37.450> a<00:26:37.570> lot<00:26:37.780> of<00:26:37.870> them<00:26:38.020> not<00:26:38.200> because<00:26:38.530> of<00:26:38.830> gas 00:26:39.000 --> 00:26:39.010 align:start position:0% prolly a lot of them not because of gas 00:26:39.010 --> 00:26:41.730 align:start position:0% prolly a lot of them not because of gas cost<00:26:39.340> or<00:26:39.670> myung<00:26:40.030> because<00:26:40.360> you<00:26:40.930> know<00:26:41.020> getting 00:26:41.730 --> 00:26:41.740 align:start position:0% cost or myung because you know getting 00:26:41.740 --> 00:26:43.320 align:start position:0% cost or myung because you know getting to<00:26:41.770> teach<00:26:42.070> them<00:26:42.250> how<00:26:42.370> to<00:26:42.430> install<00:26:42.760> meta<00:26:43.000> masks 00:26:43.320 --> 00:26:43.330 align:start position:0% to teach them how to install meta masks 00:26:43.330 --> 00:26:44.049 align:start position:0% to teach them how to install meta masks you<00:26:43.510> have 00:26:44.049 --> 00:26:44.059 align:start position:0% you have 00:26:44.059 --> 00:26:48.339 align:start position:0% you have those<00:26:44.330> onboarding<00:26:45.729> barriers<00:26:46.729> but<00:26:47.389> at<00:26:48.139> least 00:26:48.339 --> 00:26:48.349 align:start position:0% those onboarding barriers but at least 00:26:48.349 --> 00:26:50.680 align:start position:0% those onboarding barriers but at least we<00:26:48.499> can<00:26:48.649> start<00:26:48.950> doing<00:26:49.149> you<00:26:50.149> know<00:26:50.239> boating 00:26:50.680 --> 00:26:50.690 align:start position:0% we can start doing you know boating 00:26:50.690 --> 00:26:52.509 align:start position:0% we can start doing you know boating mechanisms<00:26:51.259> that<00:26:51.409> have<00:26:51.649> no<00:26:51.830> gas<00:26:52.039> cause<00:26:52.279> like 00:26:52.509 --> 00:26:52.519 align:start position:0% mechanisms that have no gas cause like 00:26:52.519 --> 00:26:54.999 align:start position:0% mechanisms that have no gas cause like off<00:26:52.700> chain<00:26:53.059> signing<00:26:53.509> a<00:26:53.570> message<00:26:53.929> and<00:26:54.200> using 00:26:54.999 --> 00:26:55.009 align:start position:0% off chain signing a message and using 00:26:55.009 --> 00:26:57.489 align:start position:0% off chain signing a message and using that<00:26:55.190> as<00:26:55.399> a<00:26:55.519> way<00:26:55.549> of<00:26:55.879> you<00:26:56.479> know<00:26:56.570> tallying<00:26:57.440> the 00:26:57.489 --> 00:26:57.499 align:start position:0% that as a way of you know tallying the 00:26:57.499 --> 00:27:00.700 align:start position:0% that as a way of you know tallying the vote<00:26:57.859> eventually<00:26:58.389> signaling<00:26:59.389> the<00:26:59.509> boat<00:26:59.710> and 00:27:00.700 --> 00:27:00.710 align:start position:0% vote eventually signaling the boat and 00:27:00.710 --> 00:27:02.859 align:start position:0% vote eventually signaling the boat and those<00:27:01.039> techniques<00:27:01.369> can<00:27:01.639> hopefully<00:27:01.849> be<00:27:02.210> a<00:27:02.419> very 00:27:02.859 --> 00:27:02.869 align:start position:0% those techniques can hopefully be a very 00:27:02.869 --> 00:27:05.379 align:start position:0% those techniques can hopefully be a very cheap<00:27:03.229> way<00:27:03.559> to<00:27:03.859> get<00:27:04.460> people<00:27:04.820> starting<00:27:05.210> using 00:27:05.379 --> 00:27:05.389 align:start position:0% cheap way to get people starting using 00:27:05.389 --> 00:27:06.940 align:start position:0% cheap way to get people starting using you<00:27:05.869> know<00:27:05.929> blockchain<00:27:06.379> based<00:27:06.559> networks 00:27:06.940 --> 00:27:06.950 align:start position:0% you know blockchain based networks 00:27:06.950 --> 00:27:09.459 align:start position:0% you know blockchain based networks without<00:27:07.399> having<00:27:08.059> a<00:27:08.179> huge<00:27:08.479> payoff<00:27:08.719> on<00:27:08.989> on<00:27:09.229> gas 00:27:09.459 --> 00:27:09.469 align:start position:0% without having a huge payoff on on gas 00:27:09.469 --> 00:27:13.149 align:start position:0% without having a huge payoff on on gas that<00:27:09.710> and<00:27:09.889> the<00:27:10.219> gas<00:27:10.369> would<00:27:10.549> be<00:27:10.729> on<00:27:10.849> us<00:27:11.169> I<00:27:12.169> think 00:27:13.149 --> 00:27:13.159 align:start position:0% that and the gas would be on us I think 00:27:13.159 --> 00:27:15.700 align:start position:0% that and the gas would be on us I think we<00:27:13.429> need<00:27:13.580> to<00:27:13.669> find<00:27:13.940> very<00:27:14.719> simple<00:27:15.320> ways<00:27:15.499> of 00:27:15.700 --> 00:27:15.710 align:start position:0% we need to find very simple ways of 00:27:15.710 --> 00:27:18.369 align:start position:0% we need to find very simple ways of using<00:27:15.859> block<00:27:16.219> chains<00:27:16.460> now<00:27:16.700> not<00:27:16.940> you<00:27:17.749> know<00:27:17.839> most 00:27:18.369 --> 00:27:18.379 align:start position:0% using block chains now not you know most 00:27:18.379 --> 00:27:19.810 align:start position:0% using block chains now not you know most people<00:27:18.469> out<00:27:18.830> there<00:27:19.039> expecting<00:27:19.460> a<00:27:19.669> user 00:27:19.810 --> 00:27:19.820 align:start position:0% people out there expecting a user 00:27:19.820 --> 00:27:22.959 align:start position:0% people out there expecting a user experience<00:27:20.029> that<00:27:20.539> is<00:27:20.629> web<00:27:20.869> like<00:27:21.309> so<00:27:22.309> you<00:27:22.879> know 00:27:22.959 --> 00:27:22.969 align:start position:0% experience that is web like so you know 00:27:22.969 --> 00:27:25.719 align:start position:0% experience that is web like so you know thinking<00:27:23.809> from<00:27:24.049> the<00:27:24.259> from<00:27:24.710> the<00:27:24.889> economics<00:27:25.519> I'm 00:27:25.719 --> 00:27:25.729 align:start position:0% thinking from the from the economics I'm 00:27:25.729 --> 00:27:27.519 align:start position:0% thinking from the from the economics I'm from<00:27:25.999> the<00:27:26.179> user<00:27:26.419> experience<00:27:26.539> side<00:27:27.139> of<00:27:27.289> things 00:27:27.519 --> 00:27:27.529 align:start position:0% from the user experience side of things 00:27:27.529 --> 00:27:29.499 align:start position:0% from the user experience side of things you<00:27:27.769> know<00:27:28.129> making<00:27:28.549> apps<00:27:28.729> that<00:27:28.969> look<00:27:29.179> like<00:27:29.359> the 00:27:29.499 --> 00:27:29.509 align:start position:0% you know making apps that look like the 00:27:29.509 --> 00:27:31.839 align:start position:0% you know making apps that look like the traditional<00:27:29.989> web<00:27:30.200> apps<00:27:30.379> but<00:27:31.369> at<00:27:31.549> the<00:27:31.639> same 00:27:31.839 --> 00:27:31.849 align:start position:0% traditional web apps but at the same 00:27:31.849 --> 00:27:35.379 align:start position:0% traditional web apps but at the same time<00:27:32.119> are<00:27:32.779> able<00:27:33.139> to<00:27:33.320> expose<00:27:33.889> you<00:27:34.179> only<00:27:35.179> a<00:27:35.239> much 00:27:35.379 --> 00:27:35.389 align:start position:0% time are able to expose you only a much 00:27:35.389 --> 00:27:37.450 align:start position:0% time are able to expose you only a much more<00:27:35.599> frequent<00:27:35.809> basis<00:27:36.379> to<00:27:36.619> not<00:27:36.859> just<00:27:37.159> to<00:27:37.339> the 00:27:37.450 --> 00:27:37.460 align:start position:0% more frequent basis to not just to the 00:27:37.460 --> 00:27:39.430 align:start position:0% more frequent basis to not just to the idea<00:27:37.700> of<00:27:37.820> tokens<00:27:38.330> like<00:27:38.659> on<00:27:38.839> crypto<00:27:39.200> Twitter 00:27:39.430 --> 00:27:39.440 align:start position:0% idea of tokens like on crypto Twitter 00:27:39.440 --> 00:27:42.099 align:start position:0% idea of tokens like on crypto Twitter but<00:27:39.979> to<00:27:40.219> you<00:27:40.489> know<00:27:40.580> start<00:27:40.879> getting<00:27:41.389> curious 00:27:42.099 --> 00:27:42.109 align:start position:0% but to you know start getting curious 00:27:42.109 --> 00:27:44.049 align:start position:0% but to you know start getting curious enough<00:27:42.320> to<00:27:42.379> you<00:27:42.889> know<00:27:42.979> get<00:27:43.399> some<00:27:43.609> actual 00:27:44.049 --> 00:27:44.059 align:start position:0% enough to you know get some actual 00:27:44.059 --> 00:27:47.229 align:start position:0% enough to you know get some actual tokens<00:27:44.539> get<00:27:45.080> some<00:27:45.289> actual<00:27:45.799> you<00:27:46.549> know<00:27:46.609> a<00:27:46.849> crypto 00:27:47.229 --> 00:27:47.239 align:start position:0% tokens get some actual you know a crypto 00:27:47.239 --> 00:27:49.479 align:start position:0% tokens get some actual you know a crypto currency<00:27:47.719> and<00:27:47.929> and<00:27:48.200> understand<00:27:49.009> what's<00:27:49.309> the 00:27:49.479 --> 00:27:49.489 align:start position:0% currency and and understand what's the 00:27:49.489 --> 00:27:51.039 align:start position:0% currency and and understand what's the purpose<00:27:49.820> behind<00:27:49.940> of<00:27:50.389> each<00:27:50.629> one<00:27:50.809> of<00:27:50.929> those 00:27:51.039 --> 00:27:51.049 align:start position:0% purpose behind of each one of those 00:27:51.049 --> 00:27:54.159 align:start position:0% purpose behind of each one of those tokens<00:27:52.149> we<00:27:53.149> are<00:27:53.269> also<00:27:53.419> you<00:27:53.809> know<00:27:53.899> working 00:27:54.159 --> 00:27:54.169 align:start position:0% tokens we are also you know working 00:27:54.169 --> 00:27:56.529 align:start position:0% tokens we are also you know working providing<00:27:54.950> governance<00:27:55.639> to<00:27:55.789> crypto<00:27:56.149> networks 00:27:56.529 --> 00:27:56.539 align:start position:0% providing governance to crypto networks 00:27:56.539 --> 00:27:58.839 align:start position:0% providing governance to crypto networks I<00:27:57.200> think<00:27:57.859> that<00:27:57.979> the<00:27:58.070> stage<00:27:58.279> of<00:27:58.429> the<00:27:58.519> industry 00:27:58.839 --> 00:27:58.849 align:start position:0% I think that the stage of the industry 00:27:58.849 --> 00:28:00.609 align:start position:0% I think that the stage of the industry right<00:27:58.999> now<00:27:59.029> is<00:27:59.179> scripta<00:27:59.779> for<00:27:59.960> crypto<00:28:00.320> a<00:28:00.349> lot<00:28:00.529> of 00:28:00.609 --> 00:28:00.619 align:start position:0% right now is scripta for crypto a lot of 00:28:00.619 --> 00:28:02.039 align:start position:0% right now is scripta for crypto a lot of the<00:28:00.739> projects<00:28:01.099> are<00:28:01.190> thinking<00:28:01.489> in<00:28:01.549> those<00:28:01.669> terms 00:28:02.039 --> 00:28:02.049 align:start position:0% the projects are thinking in those terms 00:28:02.049 --> 00:28:04.779 align:start position:0% the projects are thinking in those terms we're<00:28:03.049> working<00:28:03.379> with<00:28:03.559> block<00:28:03.769> stack<00:28:04.039> providing 00:28:04.779 --> 00:28:04.789 align:start position:0% we're working with block stack providing 00:28:04.789 --> 00:28:06.279 align:start position:0% we're working with block stack providing the<00:28:04.879> governance<00:28:05.299> for<00:28:05.629> their<00:28:05.779> developer 00:28:06.279 --> 00:28:06.289 align:start position:0% the governance for their developer 00:28:06.289 --> 00:28:08.079 align:start position:0% the governance for their developer platform<00:28:06.529> all<00:28:07.039> of<00:28:07.339> the<00:28:07.460> subsidies<00:28:07.969> that 00:28:08.079 --> 00:28:08.089 align:start position:0% platform all of the subsidies that 00:28:08.089 --> 00:28:10.769 align:start position:0% platform all of the subsidies that globster<00:28:08.570> blocks<00:28:08.869> that<00:28:09.049> keeps<00:28:09.229> -<00:28:09.409> developers 00:28:10.769 --> 00:28:10.779 align:start position:0% globster blocks that keeps - developers 00:28:10.779 --> 00:28:13.810 align:start position:0% globster blocks that keeps - developers are<00:28:11.779> being<00:28:12.019> decided<00:28:12.409> by<00:28:12.619> the<00:28:12.769> governance<00:28:13.309> we 00:28:13.810 --> 00:28:13.820 align:start position:0% are being decided by the governance we 00:28:13.820 --> 00:28:15.879 align:start position:0% are being decided by the governance we provide<00:28:14.119> with<00:28:14.299> democracy<00:28:14.509> earth<00:28:14.869> we're<00:28:15.739> going 00:28:15.879 --> 00:28:15.889 align:start position:0% provide with democracy earth we're going 00:28:15.889 --> 00:28:17.200 align:start position:0% provide with democracy earth we're going to<00:28:15.950> be<00:28:16.039> working<00:28:16.339> with<00:28:16.429> the<00:28:16.549> governance<00:28:16.879> of<00:28:17.089> the 00:28:17.200 --> 00:28:17.210 align:start position:0% to be working with the governance of the 00:28:17.210 --> 00:28:18.999 align:start position:0% to be working with the governance of the central<00:28:17.629> land<00:28:17.779> which<00:28:18.289> is<00:28:18.320> a<00:28:18.440> very<00:28:18.679> exciting 00:28:18.999 --> 00:28:19.009 align:start position:0% central land which is a very exciting 00:28:19.009 --> 00:28:20.469 align:start position:0% central land which is a very exciting project<00:28:19.039> has<00:28:19.460> already<00:28:19.639> implemented<00:28:20.330> some 00:28:20.469 --> 00:28:20.479 align:start position:0% project has already implemented some 00:28:20.479 --> 00:28:22.839 align:start position:0% project has already implemented some solutions<00:28:20.960> around<00:28:21.080> boating<00:28:21.619> and<00:28:22.489> we<00:28:22.759> are 00:28:22.839 --> 00:28:22.849 align:start position:0% solutions around boating and we are 00:28:22.849 --> 00:28:25.450 align:start position:0% solutions around boating and we are eager<00:28:23.239> to<00:28:23.269> provide<00:28:23.960> you<00:28:24.259> know<00:28:24.289> the<00:28:24.679> governance 00:28:25.450 --> 00:28:25.460 align:start position:0% eager to provide you know the governance 00:28:25.460 --> 00:28:27.519 align:start position:0% eager to provide you know the governance interface<00:28:26.089> for<00:28:26.359> any<00:28:26.570> token<00:28:26.989> that's<00:28:27.109> out<00:28:27.349> there 00:28:27.519 --> 00:28:27.529 align:start position:0% interface for any token that's out there 00:28:27.529 --> 00:28:28.719 align:start position:0% interface for any token that's out there that's<00:28:27.739> why<00:28:27.889> we're<00:28:28.099> making<00:28:28.429> our<00:28:28.549> or 00:28:28.719 --> 00:28:28.729 align:start position:0% that's why we're making our or 00:28:28.729 --> 00:28:38.430 align:start position:0% that's why we're making our or application<00:28:29.539> multi<00:28:29.869> token 00:28:38.430 --> 00:28:38.440 align:start position:0% 00:28:38.440 --> 00:28:40.500 align:start position:0% you