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#but the alternative is that he has access to like. the entire Future Internet Database
earmuffstar · 2 years
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cant stop thinking about that part in the last encanto song where bruno sings "let it go" and it sounds like the let it go chorus from frozen 
because either frozen exists in the Encanto universe and bruno was the equivalent of the radio that wouldn’t stop playing let it go for the nth time (sometimes i can still hear his voice, says dolores as bruno hums it in the walls)
or, since Frozen certainly does not exist due to the time period and if it does it certainly is not accessible in Encanto which is contained by mountains and presumably has no access to the outside world, bruno could have seen the movie through his visions. which would be funny but also begs the question of whether the encanto eventually becomes open to the outside world (otherwise how would they come into contact with frozen)
OR frozen is one of the shows that the rats put on and bruno wrote the plot and songs to frozen himself
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pixiexi18-blog · 4 years
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scottmapess · 4 years
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Talking Bitcoin with Andreas Antonopoulos – Lightning, Halving, Privacy, Dollar, & Tech
VIDEO TRANSCRIPT
Welcome to the show, everyone. It’s the Krypto Lark I’m very, very excited to have on the show today. Andre is Antonopoulos. He’s Bitcoin educator, tech entrepreneur, host of the most educational YouTube channel related to Bitcoin and podcast as well. So and is an author of many, many fantastic books, including The Internet of Money, which is why my personal favorites I’d pick it up and show it to Dave has actually lent out When I friends because a book on a shelf isn’t doing a lot of good in terms of spreading knowledge. So there it is. That’s the third volume of the series. Yeah. Fantastic. Fantastic. With links down below for the podcast, the YouTube channel. And we can grab some of those books as well. But Andre is thank you so much for coming on the channel to have a chat with me today about bitcoin. Don’t think it’s a real pleasure. Looking forward to this. So I think let’s just go ahead and really dive straight into this. I think let’s start off with talking a little bit about maybe some of the bigger mission of Bitcoin. And I think what we can start off with is talking about your thoughts on where the dollar is heading these days. I mean, do you see a situation where we could be seeing hyper inflation coming or are we going to move into a more deflationary economy? We all know that meme that goes round Bitcoin fixes this. But but is it really fixing this and has this crisis kind of lifted the veil? Do you think for a lot of people on the the falseness of Fiat? Yeah. You know, when people talk about what Bitcoin’s real mission is, there seem to be really two big camps. One camp is a monetary perspective and economic perspective that is about sound money, scarcity, limited supply and low inflation. And the other camp is looking at bitcoin as an open international currency that is accessible to all anywhere, anytime without getting authorization available to the unbanked and underbanked and a non-political neutral, an open protocol for the Internet that makes money possible on a much larger scale and creates economic inclusion. I’m in the latter camp, so my perspective on the monetary economics of bitcoin isn’t probably as strident as you might think. And I’m not sure how this plays out economically. To me, that’s not the biggest and most interesting feature of bitcoin, but obviously its importance to many and the atomic implications are huge. So, you know, it’s funny how the most salient characteristic of bitcoin from a monetary perspective is revealed primarily when international currencies, various international currency, especially the reserve currency, the dollar and others shoot themselves in the foot in the most spectacular fashion and create economic conditions that are very dangerous. I like to say often that I’m here to talk to you about the biggest monetary experiments, the most crazy, risky experiment that’s ever happens. And no, that’s not Bitcoin. It’s the infinite set of quantitative easing, infinite stimulus, unlimited printing and unlimited debts experiments. I think it’s important to realize this has never happened before. So all of the people who are like trying to place bets on how this turns out, hyperinflation, deflation, stagflation spirals, Deedes authorization and all of these other things, they have no clue. Nobody has any clue. I’m part of the reason for that is because we have no historical analog to go back to. This has never happened before. Certainly not on this scale, but but not even in terms of the fundamentals. I think we’re entering a very dangerous period, and the reason it’s a dangerous period is not so much because of the economic impact of these moves, but more the political impact of these moves. And to me, the political impact of these moves is that we have detached from market forces and and the fundamental economic basis for for market pricing. And what that means is that we’ve moved into the territory of centrally managed economies that are fine tuned by technocrats. And we’ve seen back to experiments before. So we know that doesn’t end well, because if you disconnect from market signals, a lot of malinvestments and misallocation of funds tends to happen. No, no country can really scale. Especially countries, because the United States can really scale decision making to the point where a few central bureaucrats can decide which companies are essential, which companies are non-essential, which companies should receive support. Which companies should not. Which employees should. How to allocate these enormous amounts of money that dwarf gross domestic product. And all of these moves essentially basically remove markets from the equation. That’s a very dangerous move we’ve seen with the current crisis that’s going on. A lot of talk around implementing central bank digital currencies. Lieber is getting a lot of attention. Once again, we saw this I think was the first the second draft of the stimulus package in the US, the first stimulus package, not the third or the fourth when the Rons who now actually including language around a digital dollar. Do you think that De’borah and a central bank digital currency issued by whether it’s the United States or China or the European Union, whoever else, is this going to help or hurt Bitcoin? It’s going to be entirely irrelevant to Bitcoin. It’s it’s a bit like, you know, introducing a new model of cars and saying, is this going to help or hurt the airline industry? We’re flying above all that shit. Behind is Libra Central Bank, digital currencies. All of those systems lack the fundamental components that make bitcoin interesting and differance. They’re not difference at all. I use that acronym to remind my viewers what the fundamentals are and that the acronym is RIP CORD because we’re having to parachute out of a crashing plane here and REPORTSTHAT stands for a revolutionary, immutable, public, collaborative, open resistance and decentralized. And guess what? Central. Digital currencies, leaper corporate currencies are not that they are centralized, their control, their surveillance mechanisms, they have none of the characteristics of open public blockchain cryptocurrencies. The interesting thing about these new technological currencies is that they’re not controlled by a single party. In fact, their control is decentralized and they’re open to anyone who participates. And they remove all of the barriers to entry and friction points of faxing authorization and control. So from that perspective, they introduce something really novel to the monetary system really, truly open global borderless, neutral currencies which have never existed before. And the CBD seas are simply taking it, taking the name of blockchain. If they even have anything to do with technology and trying to wrap the same pig in a new package, you know, put lips comments and serve it up with something revolutionary, something disruptive, something new. It’s nothing new. In fact, it’s dangerous. Both both corporate currencies like Leaper and Central Bank digital currencies are extremely dangerous because the the end point here is the eradication of cash as an open peer to peer transparence, anonymous mechanism for transacting that no one needs permission to use. And we’re reaching the end of the era of cash and our future is going to be digital currencies. The question now is whether those digital currencies are going to be centrally controlled and surveilled. Troll and private. The problem is that if you give centralized institutions control over something as important as money in a society, they can use that control to amass enormous power. They can use that control to crush any dissent or opposition, and they will start picking winners and losers and they can turn off anybody their entire financial lives. Your ability to buy food by flipping a bit in a database. That is a very scary world. And of course, you know, first they’re going to come for the terrorists and then they’re going to come for the child pornographers. And then they’re going to come for the, I don’t know, pot sellers and gun sellers and porn magazine makers and God knows what else. And then they’re going to come for anyone who speaks up about anything that’s contrary to their politics. This is a very, very dangerous path. Totalitarian surveillance of money leads to totalitarian politics and it’s an unavoidable outcome. So we need to make a very smart choice here and the choice to use the open, decentralized than neutral currencies of the people rather than the close surveillance, totalitarian currencies of either nation, states reinventing themselves or corporations trying to become nation states. You said it very, very well there. Do you think that we can actually see a country being brave enough to embrace public open networks to actually issue their central bank currency on a public open network or to actually start acquiring bitcoin for a central bank reserve? Who cares? It doesn’t really matter. So the enforcement of national institutions of an open, decentralized, Internet based cryptocurrency is irrelevant. It’s almost like saying will governments build Web sites to offer their government services on the Web to carers? That’s not where the action is happening. The wave the old world will try to adapt to a new environment is irrelevant to that new environment. What really matters is whether people will choose to use this among many other cryptocurrencies, whether they will have that choice and whether they will exercise that choice not in exclusion or replacement of their state currencies, but to as an alternative that gives them better results, better freedoms. This is about open markets for currencies. And so the centralized enforcement or authorization of a nation state is irrelevant in the era of the Internet. Yes, some countries are probably going to adopt that, just like, you know, some countries have adopted the dollar as their de facto national currency because they either can’t afford to print their own or because their own has collapsed irretrievably. But again, who cares? We’re not we’re not looking for approval. That’s that’s it’s a bit like saying, do you think some of the horse buggy manufacturers are eventually going to transform themselves into automotive manufacturers? Who cares? I want to switch the conversation up the way here from the kind of the bigger vision stuff to watch the lightning network. Do you think that the lightning network has kind of lived up to its promise? Why have we not seen more support from wallets and from exchanges to actually implement the lightning network? Currently, I think we see more bitcoin locked up in tokenized on a theory than there is bitcoin locked up on the lightning network. So is this a failure of the Leighton network or is it still just trying to find its feet? Oh, it’s so early to. I mean, I don’t think we can really call winners and losers. Now, keep in mind, I’m biased. I’m writing a book about the Lightning Network because I think it’s a fascinating technology, but it’s really, really early days. This is like the web in nineteen ninety eight ninety nine. And it really hasn’t come into its own. One of the important things to realize about all of these technologies is that the innovation is happening in different layers. And when you have innovation like the Lightning Network, which is actually accelerates its innovation in the bitcoin space by opening up to new APIs and new more rapid development models. When when new things are introduced to the protocol level, those effectively do not exist until they exist in a user interface for users. So this is one of the fundamental issues we have in any of these technologies. You can make something great and new technology and then if none of the wallets implemented, it doesn’t exist and you have to wait for the wallets to catch up. And wallets are actually one of the least monetized, least well invested infrastructure components in the entire blockchain space. There is a weak point. So as a result, it may take two or three years. And so you see these technologies trickle in to two wallets. On average, it takes about three years. So we’re nowhere near seeing the full potential. I think the Lightning Network is a fantastic technology and I don’t really see it as competing against other technologies like decentralized finance. It’s happening in a. All of these are complementary and they work very well together. Do you think that Bitcoin’s lack of privacy could be a problem? You know, we’ve seen first hand we do have the wasabi wallet, which gives people the option to send private transactions. But on the flip side, we’ve seen regulators come after a Bitcoin mixer developer in the past and we have companies like Chain Alices, which provide governments with details on Bitcoin transactions. So is this a flaw of Bitcoin? Is that it? We have more privacy on Bitcoin or is this a plus of Bitcoin? It’s a flaw of Bitcoin, most certainly. And I’ve been talking about that for six or seven years now about the importance of privacy and strengthening privacy in Bitcoin just to make a point there. They didn’t come after a developer fixing services that came after an operator of mixing servers, which is a very, very different thing. No one has so far prosecuted developers for, I think, software the bay themselves soon all to operate. That would be a very serious First Amendment issue. So in Bitcoin security, privacy is difficult. You have to be very careful in order to maintain your privacy. And that’s a weakness. Fortunately, there are a number of technologies that are making that are likely to make that much better. One of them is a series of changes that are being introduced bitcoin now. Schnoor signatures, top rates and typescript of the technical names. But in any case, it’s it’s a package that allows transactions to appear as if there are simple payments when they’re much more complex script. So for example, a transaction that opens and closes a lightning channel instead of being easily identifiable as such and allowing you to identify which channel on which nodes interacted with it instead will appear as a single payment from a sender to a recipient’s mixed among all of the other payments. In technical terms, what that does is it increases the anonymity set of transactions, making it much more difficult to do this kind of analysis. Companies like Catamount changeless and others are basically in an arms race against privacy. And what they’re doing is they’re providing the world’s worst dictators and regimes, either directly or indirectly, with information that violates the civil rights of millions of people. I think it’s fundamentally immoral to even work at a company like this. And just like I would consider it’s immoral to work for a weapons manufacturer or, you know, a company that builds cages for refugee concentration camps. You have to make some choices when you work. And those moral choices are important, but they’re an arms race that they’re gradually losing and they will eventually lose because it simply becomes harder and harder to track these transactions. The lightning network is another privacy technology that is going to help with that. Together with some of the other technologies being introduced. But yeah, it is a weakness. And that’s also why I’m interested in the broader ecosystem, because Bitcoin isn’t alone. It’s part of an ecosystem of cryptocurrency, some of which have stronger privacy characteristics that are very easily interchangeable with very low barriers and switching costs. And I think it’s important to look at the ecosystem. Do you think that Bitcoin might be developing too slowly? LICHTMAN stuck on five transactions per second for a very, very long time. And I don’t see where we’re going. Aside from Lighton network, of course, where we’re going to go beyond that, a lot of people do call it all is a weakness of Bitcoin that it hasn’t been perhaps developing its fastest way to basically see happening across the crypto ecosystem. Well, Bitcoin is fundamentally the most conservative system out there because it’s intended to be extremely robust and secure and able to resist attacks by collusion or cooperation between nation state level actors. And so far, it has resisted attacks at that level, whereas many of the smaller competitors that are attempting to scale things up by reducing decentralization are going to pay a very big price and they’re much easier to attack than than Bitcoin. So from that perspective, that’s a design choice. It’s not an accident. It’s not a it’s a deliberate design choice to keep things conservative in order to maximize decentralization. There are some fundamental design tradeoffs here that you can’t just wave away. If you create a system where everybody has to validates everything and that’s a security feature, then that system will necessarily not scale. If you increase the scale of that system, then it becomes a burden on everyone who’s trying to validate. And that means you lose validators until eventually you have very few validators easily identified, easily coerced, and the system is is vulnerable to attacks. So that’s the fundamental tradeoff. And it’s not an easy tradeoff to solve. One of the best solutions in my mind is to move off chain many of the transactions that do not need to be validated by everyone while maintaining the same security models through smart contracts. And that’s what the Lightning Network is doing, given the ability of the lightning network to do millions of transactions per seconds while maintaining the full security of the bitcoin chain. I think that’s a much better avenue for scaling the system. It’s a really revolutionary technology when you start to understand what the lightning network is. And like you said, it’s still the very early days for outside of the Bitcoin ecosystem specifically. So why do ecosystem overall. But what is the technology that’s getting you most excited right now in the entire cryptocurrency space? Well, there’s there’s a couple of technologies that are keeping me most excited. Certainly I’ve been interested for the past four years. And smart contracts and blockchains that execute smart contracts on a virtual machine such as the theorem I’ve written about, that’s one of my books, mastering a Theorem from a technical perspective. And I think we’re beginning to see some early examples of how these can express a rather rich applications. Of course, we’re still at the toy scale and there’s all kinds of complexity and risk that comes with that. But it’s very interesting to see the very rapid pace of developments, for example, and decentralized finance. A lot of interesting examples coming out there. And what’s interesting here is that I’m hoping that we’ll move from the stage where technology is used to replicate or mimic the status quo, the existing sets of applications. So you have a better tool and you use it to build the same thing you were building before, just bigger, better, faster. And the next stage of that is where we start building things that simply could not be done with the existing set of tools. That’s when it really is innovative. And I think we’re reaching that point with decentralized finance. You know, when we look at the Internet, for example, in the early days, everyone was like, OK, how many fax machines does this replace? Because the only way to perceive the Internet and to measure its value was by the metrics of the previous system and to understand it and how it it simulates or mimics the previous system. But of course, all of the value does not come from there. It comes when you that question stops making any sense. So how many bank accounts can you replace with cryptocurrency? Is this level where. Now, when we stop asking that question, we start thinking about applications you couldn’t do before. That’s when we really see the innovation that excites me. The other one that excites me equally and for the same reasons is the very rapid developments in cryptography, fundamental research that has been spurred on by bitcoin. If you think about it, Bitcoin is the largest civilian deployment of cryptography ever. It’s the largest practical application of cryptography that has reached consumer level ever other than, let’s say, a hard, hard drive encryption. And it’s as such, it’s it’s kind of pioneering cryptography. And as a result, it’s it’s spurred research. Zero knowledge proofs is a perfect example. The amounts of research that has come out of the zero knowledge proof area just in the last two years is staggering and it’s moving really, really fast. All of these things within a decade will turn into practical applications that truly revolutionize finance. I think that’s one thing that a lot of people, they get very anxious and impatient about how quickly this technology is going to roll out. But if take the long term perspective, you know, you said right, 10 years from now, whereas this technology, I mean, was the application level of that going to be now? The final topic going to touch on here with you is the bit coin having obviously about I think 20 days away at this point. There’s been a lot of speculation on what it’s going to mean for Bitcoin, the markets, the miners, all of this stuff in a wider perspective. What’s your take on the impact of the Bitcoin having? Well, interestingly enough, the Bitcoin having is happening in stages because there are a bunch of Falk’s of Bitcoin. That’s because of various quirks in the development. Ended up mining a lot more blocks and got to the having first and they saw some really radical effects because of the low hash rates. They became vulnerable to attacks and very low cost. It’s kind of a preview of what happens when you have a system where you can move to a more profitable competitor with the same mining equipment. Now Bitcoin doesn’t have a more profitable competitor with the same mining equipment. It is the most profitable competitor. So we’re not going to see that’s in fact, with the Bitcoin having I think in the short term, we’re going to see a lot of volatility. People are obviously worried and they’re going to be trading on on the emotional impacts of all of that. It’s going to take months after the having for everything to kind of settle down and for us to start seeing some of the fundamental impact of the constraint and supply that that will be because of the because of the halving in terms of demand. Demand is still very, very strong in Bitcoin. And I expect it to be even stronger as we see, you know, various national experiments with currency creating very weird conditions. People need safe haven assets. Right now, I think Bitcoin is one of them. That’s a personal opinion. I can’t give you financial advice, but so, you know, a whole lot of nothing is going to happen with the having. It’s just going to happen. And then ten minutes later, a new block is going to come out. And then ten minutes later, a new block is going to come out. And all of the people who wrote articles about the death spiral of Bitcoin that is imminent and how bitcoin is going to die again and again and again, they write obituaries so fast are going to be proven wrong. And of course, are not going to revise any of their obituaries. So I’ll just find a new reason to write more. That’s what Bitcoin does. Ironically, the story of is bitcoin dead yet is one of our greatest marketing successes, because every time someone here is that it’s not dead yet, that builds a bit of cognitive dissonance in their minds. And gradually they realize this thing is rather resilient. Haven’t needed a bail out yet. That is a great point. There is no big bailouts for bitcoin. Just a bit of a follow up to that question. The long term impact of having is going forward, not just this time. We’re talking potentially even decades down the road. Do you think that the incentives will actually keep pace as we see the block awards falling and miners needing to really subsist off of basically transaction fees at some point in the future? Well, first of all, we have a very, very long time to to look out for that. And we already know what that’s going to be. So people adjust their expectations accordingly on a daily basis. These profitability considerations happen every single day. Miners look at fees and block subsidy. Electricity costs. Operating costs. Hardware costs for mining. And they make decisions as to which miners are still profitable and which ones are not turning off the ones that are not. ET cetera, et cetera. It’s a constantly, dynamically adapting system. So in the long run, you know this we don’t know obviously how this is going to play out. But from my perspective, I think that we’re going to see is more transactions with more expensive fees, substituting for the block subsidy quite comfortably. And, you know, we have enough proof of work mining right now to keep the network secure. So even maintaining it at this level is perfectly fine. I don’t see a problem with that. It’s such a long term consideration and so much will change with Bitcoin. You know, we were having this discussion at the last having I guess, well, lightning that we’re didn’t even exist then. So how do you know that completely changes the equation of how fees are used to open on closed channels. So how can we possibly predict what’s going to happen in four years? You know, 50 percent of Bitcoin’s life time in in in a space that moves so fast. Perry, very interesting stuff. Andreas, thank you so much for taking the time out of your busy schedule to come and come and chat with everyone here on the channel. Again, just a reminder, there are links down below. We can check out the YouTube channel. The podcast and of course, get yourself one of those fantastic books that Andre has written. If you haven’t read the Internet of money yet or four volumes, two or three, you definitely get your hands on one of those. Sondre is. Thank you so much for coming on and having a chat. It’s been a pleasure, Laura. Thank you so much. Thank you.
source https://www.cryptosharks.net/talking-bitcoin-with-andreas-antonopoulos/ source https://cryptosharks1.blogspot.com/2020/04/talking-bitcoin-with-andreas.html
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jeffrmayhugh · 4 years
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Talking Bitcoin with Andreas Antonopoulos – Lightning, Halving, Privacy, Dollar, & Tech
VIDEO TRANSCRIPT
Welcome to the show, everyone. It’s the Krypto Lark I’m very, very excited to have on the show today. Andre is Antonopoulos. He’s Bitcoin educator, tech entrepreneur, host of the most educational YouTube channel related to Bitcoin and podcast as well. So and is an author of many, many fantastic books, including The Internet of Money, which is why my personal favorites I’d pick it up and show it to Dave has actually lent out When I friends because a book on a shelf isn’t doing a lot of good in terms of spreading knowledge. So there it is. That’s the third volume of the series. Yeah. Fantastic. Fantastic. With links down below for the podcast, the YouTube channel. And we can grab some of those books as well. But Andre is thank you so much for coming on the channel to have a chat with me today about bitcoin. Don’t think it’s a real pleasure. Looking forward to this. So I think let’s just go ahead and really dive straight into this. I think let’s start off with talking a little bit about maybe some of the bigger mission of Bitcoin. And I think what we can start off with is talking about your thoughts on where the dollar is heading these days. I mean, do you see a situation where we could be seeing hyper inflation coming or are we going to move into a more deflationary economy? We all know that meme that goes round Bitcoin fixes this. But but is it really fixing this and has this crisis kind of lifted the veil? Do you think for a lot of people on the the falseness of Fiat? Yeah. You know, when people talk about what Bitcoin’s real mission is, there seem to be really two big camps. One camp is a monetary perspective and economic perspective that is about sound money, scarcity, limited supply and low inflation. And the other camp is looking at bitcoin as an open international currency that is accessible to all anywhere, anytime without getting authorization available to the unbanked and underbanked and a non-political neutral, an open protocol for the Internet that makes money possible on a much larger scale and creates economic inclusion. I’m in the latter camp, so my perspective on the monetary economics of bitcoin isn’t probably as strident as you might think. And I’m not sure how this plays out economically. To me, that’s not the biggest and most interesting feature of bitcoin, but obviously its importance to many and the atomic implications are huge. So, you know, it’s funny how the most salient characteristic of bitcoin from a monetary perspective is revealed primarily when international currencies, various international currency, especially the reserve currency, the dollar and others shoot themselves in the foot in the most spectacular fashion and create economic conditions that are very dangerous. I like to say often that I’m here to talk to you about the biggest monetary experiments, the most crazy, risky experiment that’s ever happens. And no, that’s not Bitcoin. It’s the infinite set of quantitative easing, infinite stimulus, unlimited printing and unlimited debts experiments. I think it’s important to realize this has never happened before. So all of the people who are like trying to place bets on how this turns out, hyperinflation, deflation, stagflation spirals, Deedes authorization and all of these other things, they have no clue. Nobody has any clue. I’m part of the reason for that is because we have no historical analog to go back to. This has never happened before. Certainly not on this scale, but but not even in terms of the fundamentals. I think we’re entering a very dangerous period, and the reason it’s a dangerous period is not so much because of the economic impact of these moves, but more the political impact of these moves. And to me, the political impact of these moves is that we have detached from market forces and and the fundamental economic basis for for market pricing. And what that means is that we’ve moved into the territory of centrally managed economies that are fine tuned by technocrats. And we’ve seen back to experiments before. So we know that doesn’t end well, because if you disconnect from market signals, a lot of malinvestments and misallocation of funds tends to happen. No, no country can really scale. Especially countries, because the United States can really scale decision making to the point where a few central bureaucrats can decide which companies are essential, which companies are non-essential, which companies should receive support. Which companies should not. Which employees should. How to allocate these enormous amounts of money that dwarf gross domestic product. And all of these moves essentially basically remove markets from the equation. That’s a very dangerous move we’ve seen with the current crisis that’s going on. A lot of talk around implementing central bank digital currencies. Lieber is getting a lot of attention. Once again, we saw this I think was the first the second draft of the stimulus package in the US, the first stimulus package, not the third or the fourth when the Rons who now actually including language around a digital dollar. Do you think that De’borah and a central bank digital currency issued by whether it’s the United States or China or the European Union, whoever else, is this going to help or hurt Bitcoin? It’s going to be entirely irrelevant to Bitcoin. It’s it’s a bit like, you know, introducing a new model of cars and saying, is this going to help or hurt the airline industry? We’re flying above all that shit. Behind is Libra Central Bank, digital currencies. All of those systems lack the fundamental components that make bitcoin interesting and differance. They’re not difference at all. I use that acronym to remind my viewers what the fundamentals are and that the acronym is RIP CORD because we’re having to parachute out of a crashing plane here and REPORTSTHAT stands for a revolutionary, immutable, public, collaborative, open resistance and decentralized. And guess what? Central. Digital currencies, leaper corporate currencies are not that they are centralized, their control, their surveillance mechanisms, they have none of the characteristics of open public blockchain cryptocurrencies. The interesting thing about these new technological currencies is that they’re not controlled by a single party. In fact, their control is decentralized and they’re open to anyone who participates. And they remove all of the barriers to entry and friction points of faxing authorization and control. So from that perspective, they introduce something really novel to the monetary system really, truly open global borderless, neutral currencies which have never existed before. And the CBD seas are simply taking it, taking the name of blockchain. If they even have anything to do with technology and trying to wrap the same pig in a new package, you know, put lips comments and serve it up with something revolutionary, something disruptive, something new. It’s nothing new. In fact, it’s dangerous. Both both corporate currencies like Leaper and Central Bank digital currencies are extremely dangerous because the the end point here is the eradication of cash as an open peer to peer transparence, anonymous mechanism for transacting that no one needs permission to use. And we’re reaching the end of the era of cash and our future is going to be digital currencies. The question now is whether those digital currencies are going to be centrally controlled and surveilled. Troll and private. The problem is that if you give centralized institutions control over something as important as money in a society, they can use that control to amass enormous power. They can use that control to crush any dissent or opposition, and they will start picking winners and losers and they can turn off anybody their entire financial lives. Your ability to buy food by flipping a bit in a database. That is a very scary world. And of course, you know, first they’re going to come for the terrorists and then they’re going to come for the child pornographers. And then they’re going to come for the, I don’t know, pot sellers and gun sellers and porn magazine makers and God knows what else. And then they’re going to come for anyone who speaks up about anything that’s contrary to their politics. This is a very, very dangerous path. Totalitarian surveillance of money leads to totalitarian politics and it’s an unavoidable outcome. So we need to make a very smart choice here and the choice to use the open, decentralized than neutral currencies of the people rather than the close surveillance, totalitarian currencies of either nation, states reinventing themselves or corporations trying to become nation states. You said it very, very well there. Do you think that we can actually see a country being brave enough to embrace public open networks to actually issue their central bank currency on a public open network or to actually start acquiring bitcoin for a central bank reserve? Who cares? It doesn’t really matter. So the enforcement of national institutions of an open, decentralized, Internet based cryptocurrency is irrelevant. It’s almost like saying will governments build Web sites to offer their government services on the Web to carers? That’s not where the action is happening. The wave the old world will try to adapt to a new environment is irrelevant to that new environment. What really matters is whether people will choose to use this among many other cryptocurrencies, whether they will have that choice and whether they will exercise that choice not in exclusion or replacement of their state currencies, but to as an alternative that gives them better results, better freedoms. This is about open markets for currencies. And so the centralized enforcement or authorization of a nation state is irrelevant in the era of the Internet. Yes, some countries are probably going to adopt that, just like, you know, some countries have adopted the dollar as their de facto national currency because they either can’t afford to print their own or because their own has collapsed irretrievably. But again, who cares? We’re not we’re not looking for approval. That’s that’s it’s a bit like saying, do you think some of the horse buggy manufacturers are eventually going to transform themselves into automotive manufacturers? Who cares? I want to switch the conversation up the way here from the kind of the bigger vision stuff to watch the lightning network. Do you think that the lightning network has kind of lived up to its promise? Why have we not seen more support from wallets and from exchanges to actually implement the lightning network? Currently, I think we see more bitcoin locked up in tokenized on a theory than there is bitcoin locked up on the lightning network. So is this a failure of the Leighton network or is it still just trying to find its feet? Oh, it’s so early to. I mean, I don’t think we can really call winners and losers. Now, keep in mind, I’m biased. I’m writing a book about the Lightning Network because I think it’s a fascinating technology, but it’s really, really early days. This is like the web in nineteen ninety eight ninety nine. And it really hasn’t come into its own. One of the important things to realize about all of these technologies is that the innovation is happening in different layers. And when you have innovation like the Lightning Network, which is actually accelerates its innovation in the bitcoin space by opening up to new APIs and new more rapid development models. When when new things are introduced to the protocol level, those effectively do not exist until they exist in a user interface for users. So this is one of the fundamental issues we have in any of these technologies. You can make something great and new technology and then if none of the wallets implemented, it doesn’t exist and you have to wait for the wallets to catch up. And wallets are actually one of the least monetized, least well invested infrastructure components in the entire blockchain space. There is a weak point. So as a result, it may take two or three years. And so you see these technologies trickle in to two wallets. On average, it takes about three years. So we’re nowhere near seeing the full potential. I think the Lightning Network is a fantastic technology and I don’t really see it as competing against other technologies like decentralized finance. It’s happening in a. All of these are complementary and they work very well together. Do you think that Bitcoin’s lack of privacy could be a problem? You know, we’ve seen first hand we do have the wasabi wallet, which gives people the option to send private transactions. But on the flip side, we’ve seen regulators come after a Bitcoin mixer developer in the past and we have companies like Chain Alices, which provide governments with details on Bitcoin transactions. So is this a flaw of Bitcoin? Is that it? We have more privacy on Bitcoin or is this a plus of Bitcoin? It’s a flaw of Bitcoin, most certainly. And I’ve been talking about that for six or seven years now about the importance of privacy and strengthening privacy in Bitcoin just to make a point there. They didn’t come after a developer fixing services that came after an operator of mixing servers, which is a very, very different thing. No one has so far prosecuted developers for, I think, software the bay themselves soon all to operate. That would be a very serious First Amendment issue. So in Bitcoin security, privacy is difficult. You have to be very careful in order to maintain your privacy. And that’s a weakness. Fortunately, there are a number of technologies that are making that are likely to make that much better. One of them is a series of changes that are being introduced bitcoin now. Schnoor signatures, top rates and typescript of the technical names. But in any case, it’s it’s a package that allows transactions to appear as if there are simple payments when they’re much more complex script. So for example, a transaction that opens and closes a lightning channel instead of being easily identifiable as such and allowing you to identify which channel on which nodes interacted with it instead will appear as a single payment from a sender to a recipient’s mixed among all of the other payments. In technical terms, what that does is it increases the anonymity set of transactions, making it much more difficult to do this kind of analysis. Companies like Catamount changeless and others are basically in an arms race against privacy. And what they’re doing is they’re providing the world’s worst dictators and regimes, either directly or indirectly, with information that violates the civil rights of millions of people. I think it’s fundamentally immoral to even work at a company like this. And just like I would consider it’s immoral to work for a weapons manufacturer or, you know, a company that builds cages for refugee concentration camps. You have to make some choices when you work. And those moral choices are important, but they’re an arms race that they’re gradually losing and they will eventually lose because it simply becomes harder and harder to track these transactions. The lightning network is another privacy technology that is going to help with that. Together with some of the other technologies being introduced. But yeah, it is a weakness. And that’s also why I’m interested in the broader ecosystem, because Bitcoin isn’t alone. It’s part of an ecosystem of cryptocurrency, some of which have stronger privacy characteristics that are very easily interchangeable with very low barriers and switching costs. And I think it’s important to look at the ecosystem. Do you think that Bitcoin might be developing too slowly? LICHTMAN stuck on five transactions per second for a very, very long time. And I don’t see where we’re going. Aside from Lighton network, of course, where we’re going to go beyond that, a lot of people do call it all is a weakness of Bitcoin that it hasn’t been perhaps developing its fastest way to basically see happening across the crypto ecosystem. Well, Bitcoin is fundamentally the most conservative system out there because it’s intended to be extremely robust and secure and able to resist attacks by collusion or cooperation between nation state level actors. And so far, it has resisted attacks at that level, whereas many of the smaller competitors that are attempting to scale things up by reducing decentralization are going to pay a very big price and they’re much easier to attack than than Bitcoin. So from that perspective, that’s a design choice. It’s not an accident. It’s not a it’s a deliberate design choice to keep things conservative in order to maximize decentralization. There are some fundamental design tradeoffs here that you can’t just wave away. If you create a system where everybody has to validates everything and that’s a security feature, then that system will necessarily not scale. If you increase the scale of that system, then it becomes a burden on everyone who’s trying to validate. And that means you lose validators until eventually you have very few validators easily identified, easily coerced, and the system is is vulnerable to attacks. So that’s the fundamental tradeoff. And it’s not an easy tradeoff to solve. One of the best solutions in my mind is to move off chain many of the transactions that do not need to be validated by everyone while maintaining the same security models through smart contracts. And that’s what the Lightning Network is doing, given the ability of the lightning network to do millions of transactions per seconds while maintaining the full security of the bitcoin chain. I think that’s a much better avenue for scaling the system. It’s a really revolutionary technology when you start to understand what the lightning network is. And like you said, it’s still the very early days for outside of the Bitcoin ecosystem specifically. So why do ecosystem overall. But what is the technology that’s getting you most excited right now in the entire cryptocurrency space? Well, there’s there’s a couple of technologies that are keeping me most excited. Certainly I’ve been interested for the past four years. And smart contracts and blockchains that execute smart contracts on a virtual machine such as the theorem I’ve written about, that’s one of my books, mastering a Theorem from a technical perspective. And I think we’re beginning to see some early examples of how these can express a rather rich applications. Of course, we’re still at the toy scale and there’s all kinds of complexity and risk that comes with that. But it’s very interesting to see the very rapid pace of developments, for example, and decentralized finance. A lot of interesting examples coming out there. And what’s interesting here is that I’m hoping that we’ll move from the stage where technology is used to replicate or mimic the status quo, the existing sets of applications. So you have a better tool and you use it to build the same thing you were building before, just bigger, better, faster. And the next stage of that is where we start building things that simply could not be done with the existing set of tools. That’s when it really is innovative. And I think we’re reaching that point with decentralized finance. You know, when we look at the Internet, for example, in the early days, everyone was like, OK, how many fax machines does this replace? Because the only way to perceive the Internet and to measure its value was by the metrics of the previous system and to understand it and how it it simulates or mimics the previous system. But of course, all of the value does not come from there. It comes when you that question stops making any sense. So how many bank accounts can you replace with cryptocurrency? Is this level where. Now, when we stop asking that question, we start thinking about applications you couldn’t do before. That’s when we really see the innovation that excites me. The other one that excites me equally and for the same reasons is the very rapid developments in cryptography, fundamental research that has been spurred on by bitcoin. If you think about it, Bitcoin is the largest civilian deployment of cryptography ever. It’s the largest practical application of cryptography that has reached consumer level ever other than, let’s say, a hard, hard drive encryption. And it’s as such, it’s it’s kind of pioneering cryptography. And as a result, it’s it’s spurred research. Zero knowledge proofs is a perfect example. The amounts of research that has come out of the zero knowledge proof area just in the last two years is staggering and it’s moving really, really fast. All of these things within a decade will turn into practical applications that truly revolutionize finance. I think that’s one thing that a lot of people, they get very anxious and impatient about how quickly this technology is going to roll out. But if take the long term perspective, you know, you said right, 10 years from now, whereas this technology, I mean, was the application level of that going to be now? The final topic going to touch on here with you is the bit coin having obviously about I think 20 days away at this point. There’s been a lot of speculation on what it’s going to mean for Bitcoin, the markets, the miners, all of this stuff in a wider perspective. What’s your take on the impact of the Bitcoin having? Well, interestingly enough, the Bitcoin having is happening in stages because there are a bunch of Falk’s of Bitcoin. That’s because of various quirks in the development. Ended up mining a lot more blocks and got to the having first and they saw some really radical effects because of the low hash rates. They became vulnerable to attacks and very low cost. It’s kind of a preview of what happens when you have a system where you can move to a more profitable competitor with the same mining equipment. Now Bitcoin doesn’t have a more profitable competitor with the same mining equipment. It is the most profitable competitor. So we’re not going to see that’s in fact, with the Bitcoin having I think in the short term, we’re going to see a lot of volatility. People are obviously worried and they’re going to be trading on on the emotional impacts of all of that. It’s going to take months after the having for everything to kind of settle down and for us to start seeing some of the fundamental impact of the constraint and supply that that will be because of the because of the halving in terms of demand. Demand is still very, very strong in Bitcoin. And I expect it to be even stronger as we see, you know, various national experiments with currency creating very weird conditions. People need safe haven assets. Right now, I think Bitcoin is one of them. That’s a personal opinion. I can’t give you financial advice, but so, you know, a whole lot of nothing is going to happen with the having. It’s just going to happen. And then ten minutes later, a new block is going to come out. And then ten minutes later, a new block is going to come out. And all of the people who wrote articles about the death spiral of Bitcoin that is imminent and how bitcoin is going to die again and again and again, they write obituaries so fast are going to be proven wrong. And of course, are not going to revise any of their obituaries. So I’ll just find a new reason to write more. That’s what Bitcoin does. Ironically, the story of is bitcoin dead yet is one of our greatest marketing successes, because every time someone here is that it’s not dead yet, that builds a bit of cognitive dissonance in their minds. And gradually they realize this thing is rather resilient. Haven’t needed a bail out yet. That is a great point. There is no big bailouts for bitcoin. Just a bit of a follow up to that question. The long term impact of having is going forward, not just this time. We’re talking potentially even decades down the road. Do you think that the incentives will actually keep pace as we see the block awards falling and miners needing to really subsist off of basically transaction fees at some point in the future? Well, first of all, we have a very, very long time to to look out for that. And we already know what that’s going to be. So people adjust their expectations accordingly on a daily basis. These profitability considerations happen every single day. Miners look at fees and block subsidy. Electricity costs. Operating costs. Hardware costs for mining. And they make decisions as to which miners are still profitable and which ones are not turning off the ones that are not. ET cetera, et cetera. It’s a constantly, dynamically adapting system. So in the long run, you know this we don’t know obviously how this is going to play out. But from my perspective, I think that we’re going to see is more transactions with more expensive fees, substituting for the block subsidy quite comfortably. And, you know, we have enough proof of work mining right now to keep the network secure. So even maintaining it at this level is perfectly fine. I don’t see a problem with that. It’s such a long term consideration and so much will change with Bitcoin. You know, we were having this discussion at the last having I guess, well, lightning that we’re didn’t even exist then. So how do you know that completely changes the equation of how fees are used to open on closed channels. So how can we possibly predict what’s going to happen in four years? You know, 50 percent of Bitcoin’s life time in in in a space that moves so fast. Perry, very interesting stuff. Andreas, thank you so much for taking the time out of your busy schedule to come and come and chat with everyone here on the channel. Again, just a reminder, there are links down below. We can check out the YouTube channel. The podcast and of course, get yourself one of those fantastic books that Andre has written. If you haven’t read the Internet of money yet or four volumes, two or three, you definitely get your hands on one of those. Sondre is. Thank you so much for coming on and having a chat. It’s been a pleasure, Laura. Thank you so much. Thank you.
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heatherrdavis1 · 4 years
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Talking Bitcoin with Andreas Antonopoulos Lightning Halving Privacy Dollar & Tech
VIDEO TRANSCRIPT
Welcome to the show, everyone. It’s the Krypto Lark I’m very, very excited to have on the show today. Andre is Antonopoulos. He’s Bitcoin educator, tech entrepreneur, host of the most educational YouTube channel related to Bitcoin and podcast as well. So and is an author of many, many fantastic books, including The Internet of Money, which is why my personal favorites I’d pick it up and show it to Dave has actually lent out When I friends because a book on a shelf isn’t doing a lot of good in terms of spreading knowledge. So there it is. That’s the third volume of the series. Yeah. Fantastic. Fantastic. With links down below for the podcast, the YouTube channel. And we can grab some of those books as well. But Andre is thank you so much for coming on the channel to have a chat with me today about bitcoin. Don’t think it’s a real pleasure. Looking forward to this. So I think let’s just go ahead and really dive straight into this. I think let’s start off with talking a little bit about maybe some of the bigger mission of Bitcoin. And I think what we can start off with is talking about your thoughts on where the dollar is heading these days. I mean, do you see a situation where we could be seeing hyper inflation coming or are we going to move into a more deflationary economy? We all know that meme that goes round Bitcoin fixes this. But but is it really fixing this and has this crisis kind of lifted the veil? Do you think for a lot of people on the the falseness of Fiat? Yeah. You know, when people talk about what Bitcoin’s real mission is, there seem to be really two big camps. One camp is a monetary perspective and economic perspective that is about sound money, scarcity, limited supply and low inflation. And the other camp is looking at bitcoin as an open international currency that is accessible to all anywhere, anytime without getting authorization available to the unbanked and underbanked and a non-political neutral, an open protocol for the Internet that makes money possible on a much larger scale and creates economic inclusion. I’m in the latter camp, so my perspective on the monetary economics of bitcoin isn’t probably as strident as you might think. And I’m not sure how this plays out economically. To me, that’s not the biggest and most interesting feature of bitcoin, but obviously its importance to many and the atomic implications are huge. So, you know, it’s funny how the most salient characteristic of bitcoin from a monetary perspective is revealed primarily when international currencies, various international currency, especially the reserve currency, the dollar and others shoot themselves in the foot in the most spectacular fashion and create economic conditions that are very dangerous. I like to say often that I’m here to talk to you about the biggest monetary experiments, the most crazy, risky experiment that’s ever happens. And no, that’s not Bitcoin. It’s the infinite set of quantitative easing, infinite stimulus, unlimited printing and unlimited debts experiments. I think it’s important to realize this has never happened before. So all of the people who are like trying to place bets on how this turns out, hyperinflation, deflation, stagflation spirals, Deedes authorization and all of these other things, they have no clue. Nobody has any clue. I’m part of the reason for that is because we have no historical analog to go back to. This has never happened before. Certainly not on this scale, but but not even in terms of the fundamentals. I think we’re entering a very dangerous period, and the reason it’s a dangerous period is not so much because of the economic impact of these moves, but more the political impact of these moves. And to me, the political impact of these moves is that we have detached from market forces and and the fundamental economic basis for for market pricing. And what that means is that we’ve moved into the territory of centrally managed economies that are fine tuned by technocrats. And we’ve seen back to experiments before. So we know that doesn’t end well, because if you disconnect from market signals, a lot of malinvestments and misallocation of funds tends to happen. No, no country can really scale. Especially countries, because the United States can really scale decision making to the point where a few central bureaucrats can decide which companies are essential, which companies are non-essential, which companies should receive support. Which companies should not. Which employees should. How to allocate these enormous amounts of money that dwarf gross domestic product. And all of these moves essentially basically remove markets from the equation. That’s a very dangerous move we’ve seen with the current crisis that’s going on. A lot of talk around implementing central bank digital currencies. Lieber is getting a lot of attention. Once again, we saw this I think was the first the second draft of the stimulus package in the US, the first stimulus package, not the third or the fourth when the Rons who now actually including language around a digital dollar. Do you think that De’borah and a central bank digital currency issued by whether it’s the United States or China or the European Union, whoever else, is this going to help or hurt Bitcoin? It’s going to be entirely irrelevant to Bitcoin. It’s it’s a bit like, you know, introducing a new model of cars and saying, is this going to help or hurt the airline industry? We’re flying above all that shit. Behind is Libra Central Bank, digital currencies. All of those systems lack the fundamental components that make bitcoin interesting and differance. They’re not difference at all. I use that acronym to remind my viewers what the fundamentals are and that the acronym is RIP CORD because we’re having to parachute out of a crashing plane here and REPORTSTHAT stands for a revolutionary, immutable, public, collaborative, open resistance and decentralized. And guess what? Central. Digital currencies, leaper corporate currencies are not that they are centralized, their control, their surveillance mechanisms, they have none of the characteristics of open public blockchain cryptocurrencies. The interesting thing about these new technological currencies is that they’re not controlled by a single party. In fact, their control is decentralized and they’re open to anyone who participates. And they remove all of the barriers to entry and friction points of faxing authorization and control. So from that perspective, they introduce something really novel to the monetary system really, truly open global borderless, neutral currencies which have never existed before. And the CBD seas are simply taking it, taking the name of blockchain. If they even have anything to do with technology and trying to wrap the same pig in a new package, you know, put lips comments and serve it up with something revolutionary, something disruptive, something new. It’s nothing new. In fact, it’s dangerous. Both both corporate currencies like Leaper and Central Bank digital currencies are extremely dangerous because the the end point here is the eradication of cash as an open peer to peer transparence, anonymous mechanism for transacting that no one needs permission to use. And we’re reaching the end of the era of cash and our future is going to be digital currencies. The question now is whether those digital currencies are going to be centrally controlled and surveilled. Troll and private. The problem is that if you give centralized institutions control over something as important as money in a society, they can use that control to amass enormous power. They can use that control to crush any dissent or opposition, and they will start picking winners and losers and they can turn off anybody their entire financial lives. Your ability to buy food by flipping a bit in a database. That is a very scary world. And of course, you know, first they’re going to come for the terrorists and then they’re going to come for the child pornographers. And then they’re going to come for the, I don’t know, pot sellers and gun sellers and porn magazine makers and God knows what else. And then they’re going to come for anyone who speaks up about anything that’s contrary to their politics. This is a very, very dangerous path. Totalitarian surveillance of money leads to totalitarian politics and it’s an unavoidable outcome. So we need to make a very smart choice here and the choice to use the open, decentralized than neutral currencies of the people rather than the close surveillance, totalitarian currencies of either nation, states reinventing themselves or corporations trying to become nation states. You said it very, very well there. Do you think that we can actually see a country being brave enough to embrace public open networks to actually issue their central bank currency on a public open network or to actually start acquiring bitcoin for a central bank reserve? Who cares? It doesn’t really matter. So the enforcement of national institutions of an open, decentralized, Internet based cryptocurrency is irrelevant. It’s almost like saying will governments build Web sites to offer their government services on the Web to carers? That’s not where the action is happening. The wave the old world will try to adapt to a new environment is irrelevant to that new environment. What really matters is whether people will choose to use this among many other cryptocurrencies, whether they will have that choice and whether they will exercise that choice not in exclusion or replacement of their state currencies, but to as an alternative that gives them better results, better freedoms. This is about open markets for currencies. And so the centralized enforcement or authorization of a nation state is irrelevant in the era of the Internet. Yes, some countries are probably going to adopt that, just like, you know, some countries have adopted the dollar as their de facto national currency because they either can’t afford to print their own or because their own has collapsed irretrievably. But again, who cares? We’re not we’re not looking for approval. That’s that’s it’s a bit like saying, do you think some of the horse buggy manufacturers are eventually going to transform themselves into automotive manufacturers? Who cares? I want to switch the conversation up the way here from the kind of the bigger vision stuff to watch the lightning network. Do you think that the lightning network has kind of lived up to its promise? Why have we not seen more support from wallets and from exchanges to actually implement the lightning network? Currently, I think we see more bitcoin locked up in tokenized on a theory than there is bitcoin locked up on the lightning network. So is this a failure of the Leighton network or is it still just trying to find its feet? Oh, it’s so early to. I mean, I don’t think we can really call winners and losers. Now, keep in mind, I’m biased. I’m writing a book about the Lightning Network because I think it’s a fascinating technology, but it’s really, really early days. This is like the web in nineteen ninety eight ninety nine. And it really hasn’t come into its own. One of the important things to realize about all of these technologies is that the innovation is happening in different layers. And when you have innovation like the Lightning Network, which is actually accelerates its innovation in the bitcoin space by opening up to new APIs and new more rapid development models. When when new things are introduced to the protocol level, those effectively do not exist until they exist in a user interface for users. So this is one of the fundamental issues we have in any of these technologies. You can make something great and new technology and then if none of the wallets implemented, it doesn’t exist and you have to wait for the wallets to catch up. And wallets are actually one of the least monetized, least well invested infrastructure components in the entire blockchain space. There is a weak point. So as a result, it may take two or three years. And so you see these technologies trickle in to two wallets. On average, it takes about three years. So we’re nowhere near seeing the full potential. I think the Lightning Network is a fantastic technology and I don’t really see it as competing against other technologies like decentralized finance. It’s happening in a. All of these are complementary and they work very well together. Do you think that Bitcoin’s lack of privacy could be a problem? You know, we’ve seen first hand we do have the wasabi wallet, which gives people the option to send private transactions. But on the flip side, we’ve seen regulators come after a Bitcoin mixer developer in the past and we have companies like Chain Alices, which provide governments with details on Bitcoin transactions. So is this a flaw of Bitcoin? Is that it? We have more privacy on Bitcoin or is this a plus of Bitcoin? It’s a flaw of Bitcoin, most certainly. And I’ve been talking about that for six or seven years now about the importance of privacy and strengthening privacy in Bitcoin just to make a point there. They didn’t come after a developer fixing services that came after an operator of mixing servers, which is a very, very different thing. No one has so far prosecuted developers for, I think, software the bay themselves soon all to operate. That would be a very serious First Amendment issue. So in Bitcoin security, privacy is difficult. You have to be very careful in order to maintain your privacy. And that’s a weakness. Fortunately, there are a number of technologies that are making that are likely to make that much better. One of them is a series of changes that are being introduced bitcoin now. Schnoor signatures, top rates and typescript of the technical names. But in any case, it’s it’s a package that allows transactions to appear as if there are simple payments when they’re much more complex script. So for example, a transaction that opens and closes a lightning channel instead of being easily identifiable as such and allowing you to identify which channel on which nodes interacted with it instead will appear as a single payment from a sender to a recipient’s mixed among all of the other payments. In technical terms, what that does is it increases the anonymity set of transactions, making it much more difficult to do this kind of analysis. Companies like Catamount changeless and others are basically in an arms race against privacy. And what they’re doing is they’re providing the world’s worst dictators and regimes, either directly or indirectly, with information that violates the civil rights of millions of people. I think it’s fundamentally immoral to even work at a company like this. And just like I would consider it’s immoral to work for a weapons manufacturer or, you know, a company that builds cages for refugee concentration camps. You have to make some choices when you work. And those moral choices are important, but they’re an arms race that they’re gradually losing and they will eventually lose because it simply becomes harder and harder to track these transactions. The lightning network is another privacy technology that is going to help with that. Together with some of the other technologies being introduced. But yeah, it is a weakness. And that’s also why I’m interested in the broader ecosystem, because Bitcoin isn’t alone. It’s part of an ecosystem of cryptocurrency, some of which have stronger privacy characteristics that are very easily interchangeable with very low barriers and switching costs. And I think it’s important to look at the ecosystem. Do you think that Bitcoin might be developing too slowly? LICHTMAN stuck on five transactions per second for a very, very long time. And I don’t see where we’re going. Aside from Lighton network, of course, where we’re going to go beyond that, a lot of people do call it all is a weakness of Bitcoin that it hasn’t been perhaps developing its fastest way to basically see happening across the crypto ecosystem. Well, Bitcoin is fundamentally the most conservative system out there because it’s intended to be extremely robust and secure and able to resist attacks by collusion or cooperation between nation state level actors. And so far, it has resisted attacks at that level, whereas many of the smaller competitors that are attempting to scale things up by reducing decentralization are going to pay a very big price and they’re much easier to attack than than Bitcoin. So from that perspective, that’s a design choice. It’s not an accident. It’s not a it’s a deliberate design choice to keep things conservative in order to maximize decentralization. There are some fundamental design tradeoffs here that you can’t just wave away. If you create a system where everybody has to validates everything and that’s a security feature, then that system will necessarily not scale. If you increase the scale of that system, then it becomes a burden on everyone who’s trying to validate. And that means you lose validators until eventually you have very few validators easily identified, easily coerced, and the system is is vulnerable to attacks. So that’s the fundamental tradeoff. And it’s not an easy tradeoff to solve. One of the best solutions in my mind is to move off chain many of the transactions that do not need to be validated by everyone while maintaining the same security models through smart contracts. And that’s what the Lightning Network is doing, given the ability of the lightning network to do millions of transactions per seconds while maintaining the full security of the bitcoin chain. I think that’s a much better avenue for scaling the system. It’s a really revolutionary technology when you start to understand what the lightning network is. And like you said, it’s still the very early days for outside of the Bitcoin ecosystem specifically. So why do ecosystem overall. But what is the technology that’s getting you most excited right now in the entire cryptocurrency space? Well, there’s there’s a couple of technologies that are keeping me most excited. Certainly I’ve been interested for the past four years. And smart contracts and blockchains that execute smart contracts on a virtual machine such as the theorem I’ve written about, that’s one of my books, mastering a Theorem from a technical perspective. And I think we’re beginning to see some early examples of how these can express a rather rich applications. Of course, we’re still at the toy scale and there’s all kinds of complexity and risk that comes with that. But it’s very interesting to see the very rapid pace of developments, for example, and decentralized finance. A lot of interesting examples coming out there. And what’s interesting here is that I’m hoping that we’ll move from the stage where technology is used to replicate or mimic the status quo, the existing sets of applications. So you have a better tool and you use it to build the same thing you were building before, just bigger, better, faster. And the next stage of that is where we start building things that simply could not be done with the existing set of tools. That’s when it really is innovative. And I think we’re reaching that point with decentralized finance. You know, when we look at the Internet, for example, in the early days, everyone was like, OK, how many fax machines does this replace? Because the only way to perceive the Internet and to measure its value was by the metrics of the previous system and to understand it and how it it simulates or mimics the previous system. But of course, all of the value does not come from there. It comes when you that question stops making any sense. So how many bank accounts can you replace with cryptocurrency? Is this level where. Now, when we stop asking that question, we start thinking about applications you couldn’t do before. That’s when we really see the innovation that excites me. The other one that excites me equally and for the same reasons is the very rapid developments in cryptography, fundamental research that has been spurred on by bitcoin. If you think about it, Bitcoin is the largest civilian deployment of cryptography ever. It’s the largest practical application of cryptography that has reached consumer level ever other than, let’s say, a hard, hard drive encryption. And it’s as such, it’s it’s kind of pioneering cryptography. And as a result, it’s it’s spurred research. Zero knowledge proofs is a perfect example. The amounts of research that has come out of the zero knowledge proof area just in the last two years is staggering and it’s moving really, really fast. All of these things within a decade will turn into practical applications that truly revolutionize finance. I think that’s one thing that a lot of people, they get very anxious and impatient about how quickly this technology is going to roll out. But if take the long term perspective, you know, you said right, 10 years from now, whereas this technology, I mean, was the application level of that going to be now? The final topic going to touch on here with you is the bit coin having obviously about I think 20 days away at this point. There’s been a lot of speculation on what it’s going to mean for Bitcoin, the markets, the miners, all of this stuff in a wider perspective. What’s your take on the impact of the Bitcoin having? Well, interestingly enough, the Bitcoin having is happening in stages because there are a bunch of Falk’s of Bitcoin. That’s because of various quirks in the development. Ended up mining a lot more blocks and got to the having first and they saw some really radical effects because of the low hash rates. They became vulnerable to attacks and very low cost. It’s kind of a preview of what happens when you have a system where you can move to a more profitable competitor with the same mining equipment. Now Bitcoin doesn’t have a more profitable competitor with the same mining equipment. It is the most profitable competitor. So we’re not going to see that’s in fact, with the Bitcoin having I think in the short term, we’re going to see a lot of volatility. People are obviously worried and they’re going to be trading on on the emotional impacts of all of that. It’s going to take months after the having for everything to kind of settle down and for us to start seeing some of the fundamental impact of the constraint and supply that that will be because of the because of the halving in terms of demand. Demand is still very, very strong in Bitcoin. And I expect it to be even stronger as we see, you know, various national experiments with currency creating very weird conditions. People need safe haven assets. Right now, I think Bitcoin is one of them. That’s a personal opinion. I can’t give you financial advice, but so, you know, a whole lot of nothing is going to happen with the having. It’s just going to happen. And then ten minutes later, a new block is going to come out. And then ten minutes later, a new block is going to come out. And all of the people who wrote articles about the death spiral of Bitcoin that is imminent and how bitcoin is going to die again and again and again, they write obituaries so fast are going to be proven wrong. And of course, are not going to revise any of their obituaries. So I’ll just find a new reason to write more. That’s what Bitcoin does. Ironically, the story of is bitcoin dead yet is one of our greatest marketing successes, because every time someone here is that it’s not dead yet, that builds a bit of cognitive dissonance in their minds. And gradually they realize this thing is rather resilient. Haven’t needed a bail out yet. That is a great point. There is no big bailouts for bitcoin. Just a bit of a follow up to that question. The long term impact of having is going forward, not just this time. We’re talking potentially even decades down the road. Do you think that the incentives will actually keep pace as we see the block awards falling and miners needing to really subsist off of basically transaction fees at some point in the future? Well, first of all, we have a very, very long time to to look out for that. And we already know what that’s going to be. So people adjust their expectations accordingly on a daily basis. These profitability considerations happen every single day. Miners look at fees and block subsidy. Electricity costs. Operating costs. Hardware costs for mining. And they make decisions as to which miners are still profitable and which ones are not turning off the ones that are not. ET cetera, et cetera. It’s a constantly, dynamically adapting system. So in the long run, you know this we don’t know obviously how this is going to play out. But from my perspective, I think that we’re going to see is more transactions with more expensive fees, substituting for the block subsidy quite comfortably. And, you know, we have enough proof of work mining right now to keep the network secure. So even maintaining it at this level is perfectly fine. I don’t see a problem with that. It’s such a long term consideration and so much will change with Bitcoin. You know, we were having this discussion at the last having I guess, well, lightning that we’re didn’t even exist then. So how do you know that completely changes the equation of how fees are used to open on closed channels. So how can we possibly predict what’s going to happen in four years? You know, 50 percent of Bitcoin’s life time in in in a space that moves so fast. Perry, very interesting stuff. Andreas, thank you so much for taking the time out of your busy schedule to come and come and chat with everyone here on the channel. Again, just a reminder, there are links down below. We can check out the YouTube channel. The podcast and of course, get yourself one of those fantastic books that Andre has written. If you haven’t read the Internet of money yet or four volumes, two or three, you definitely get your hands on one of those. Sondre is. Thank you so much for coming on and having a chat. It’s been a pleasure, Laura. Thank you so much. Thank you.
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source https://cryptosharks.weebly.com/blog/talking-bitcoin-with-andreas-antonopoulos-lightning-halving-privacy-dollar-tech
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cryptosharks1 · 4 years
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Talking Bitcoin with Andreas Antonopoulos – Lightning, Halving, Privacy, Dollar, & Tech
VIDEO TRANSCRIPT
Welcome to the show, everyone. It’s the Krypto Lark I’m very, very excited to have on the show today. Andre is Antonopoulos. He’s Bitcoin educator, tech entrepreneur, host of the most educational YouTube channel related to Bitcoin and podcast as well. So and is an author of many, many fantastic books, including The Internet of Money, which is why my personal favorites I’d pick it up and show it to Dave has actually lent out When I friends because a book on a shelf isn’t doing a lot of good in terms of spreading knowledge. So there it is. That’s the third volume of the series. Yeah. Fantastic. Fantastic. With links down below for the podcast, the YouTube channel. And we can grab some of those books as well. But Andre is thank you so much for coming on the channel to have a chat with me today about bitcoin. Don’t think it’s a real pleasure. Looking forward to this. So I think let’s just go ahead and really dive straight into this. I think let’s start off with talking a little bit about maybe some of the bigger mission of Bitcoin. And I think what we can start off with is talking about your thoughts on where the dollar is heading these days. I mean, do you see a situation where we could be seeing hyper inflation coming or are we going to move into a more deflationary economy? We all know that meme that goes round Bitcoin fixes this. But but is it really fixing this and has this crisis kind of lifted the veil? Do you think for a lot of people on the the falseness of Fiat? Yeah. You know, when people talk about what Bitcoin’s real mission is, there seem to be really two big camps. One camp is a monetary perspective and economic perspective that is about sound money, scarcity, limited supply and low inflation. And the other camp is looking at bitcoin as an open international currency that is accessible to all anywhere, anytime without getting authorization available to the unbanked and underbanked and a non-political neutral, an open protocol for the Internet that makes money possible on a much larger scale and creates economic inclusion. I’m in the latter camp, so my perspective on the monetary economics of bitcoin isn’t probably as strident as you might think. And I’m not sure how this plays out economically. To me, that’s not the biggest and most interesting feature of bitcoin, but obviously its importance to many and the atomic implications are huge. So, you know, it’s funny how the most salient characteristic of bitcoin from a monetary perspective is revealed primarily when international currencies, various international currency, especially the reserve currency, the dollar and others shoot themselves in the foot in the most spectacular fashion and create economic conditions that are very dangerous. I like to say often that I’m here to talk to you about the biggest monetary experiments, the most crazy, risky experiment that’s ever happens. And no, that’s not Bitcoin. It’s the infinite set of quantitative easing, infinite stimulus, unlimited printing and unlimited debts experiments. I think it’s important to realize this has never happened before. So all of the people who are like trying to place bets on how this turns out, hyperinflation, deflation, stagflation spirals, Deedes authorization and all of these other things, they have no clue. Nobody has any clue. I’m part of the reason for that is because we have no historical analog to go back to. This has never happened before. Certainly not on this scale, but but not even in terms of the fundamentals. I think we’re entering a very dangerous period, and the reason it’s a dangerous period is not so much because of the economic impact of these moves, but more the political impact of these moves. And to me, the political impact of these moves is that we have detached from market forces and and the fundamental economic basis for for market pricing. And what that means is that we’ve moved into the territory of centrally managed economies that are fine tuned by technocrats. And we’ve seen back to experiments before. So we know that doesn’t end well, because if you disconnect from market signals, a lot of malinvestments and misallocation of funds tends to happen. No, no country can really scale. Especially countries, because the United States can really scale decision making to the point where a few central bureaucrats can decide which companies are essential, which companies are non-essential, which companies should receive support. Which companies should not. Which employees should. How to allocate these enormous amounts of money that dwarf gross domestic product. And all of these moves essentially basically remove markets from the equation. That’s a very dangerous move we’ve seen with the current crisis that’s going on. A lot of talk around implementing central bank digital currencies. Lieber is getting a lot of attention. Once again, we saw this I think was the first the second draft of the stimulus package in the US, the first stimulus package, not the third or the fourth when the Rons who now actually including language around a digital dollar. Do you think that De’borah and a central bank digital currency issued by whether it’s the United States or China or the European Union, whoever else, is this going to help or hurt Bitcoin? It’s going to be entirely irrelevant to Bitcoin. It’s it’s a bit like, you know, introducing a new model of cars and saying, is this going to help or hurt the airline industry? We’re flying above all that shit. Behind is Libra Central Bank, digital currencies. All of those systems lack the fundamental components that make bitcoin interesting and differance. They’re not difference at all. I use that acronym to remind my viewers what the fundamentals are and that the acronym is RIP CORD because we’re having to parachute out of a crashing plane here and REPORTSTHAT stands for a revolutionary, immutable, public, collaborative, open resistance and decentralized. And guess what? Central. Digital currencies, leaper corporate currencies are not that they are centralized, their control, their surveillance mechanisms, they have none of the characteristics of open public blockchain cryptocurrencies. The interesting thing about these new technological currencies is that they’re not controlled by a single party. In fact, their control is decentralized and they’re open to anyone who participates. And they remove all of the barriers to entry and friction points of faxing authorization and control. So from that perspective, they introduce something really novel to the monetary system really, truly open global borderless, neutral currencies which have never existed before. And the CBD seas are simply taking it, taking the name of blockchain. If they even have anything to do with technology and trying to wrap the same pig in a new package, you know, put lips comments and serve it up with something revolutionary, something disruptive, something new. It’s nothing new. In fact, it’s dangerous. Both both corporate currencies like Leaper and Central Bank digital currencies are extremely dangerous because the the end point here is the eradication of cash as an open peer to peer transparence, anonymous mechanism for transacting that no one needs permission to use. And we’re reaching the end of the era of cash and our future is going to be digital currencies. The question now is whether those digital currencies are going to be centrally controlled and surveilled. Troll and private. The problem is that if you give centralized institutions control over something as important as money in a society, they can use that control to amass enormous power. They can use that control to crush any dissent or opposition, and they will start picking winners and losers and they can turn off anybody their entire financial lives. Your ability to buy food by flipping a bit in a database. That is a very scary world. And of course, you know, first they’re going to come for the terrorists and then they’re going to come for the child pornographers. And then they’re going to come for the, I don’t know, pot sellers and gun sellers and porn magazine makers and God knows what else. And then they’re going to come for anyone who speaks up about anything that’s contrary to their politics. This is a very, very dangerous path. Totalitarian surveillance of money leads to totalitarian politics and it’s an unavoidable outcome. So we need to make a very smart choice here and the choice to use the open, decentralized than neutral currencies of the people rather than the close surveillance, totalitarian currencies of either nation, states reinventing themselves or corporations trying to become nation states. You said it very, very well there. Do you think that we can actually see a country being brave enough to embrace public open networks to actually issue their central bank currency on a public open network or to actually start acquiring bitcoin for a central bank reserve? Who cares? It doesn’t really matter. So the enforcement of national institutions of an open, decentralized, Internet based cryptocurrency is irrelevant. It’s almost like saying will governments build Web sites to offer their government services on the Web to carers? That’s not where the action is happening. The wave the old world will try to adapt to a new environment is irrelevant to that new environment. What really matters is whether people will choose to use this among many other cryptocurrencies, whether they will have that choice and whether they will exercise that choice not in exclusion or replacement of their state currencies, but to as an alternative that gives them better results, better freedoms. This is about open markets for currencies. And so the centralized enforcement or authorization of a nation state is irrelevant in the era of the Internet. Yes, some countries are probably going to adopt that, just like, you know, some countries have adopted the dollar as their de facto national currency because they either can’t afford to print their own or because their own has collapsed irretrievably. But again, who cares? We’re not we’re not looking for approval. That’s that’s it’s a bit like saying, do you think some of the horse buggy manufacturers are eventually going to transform themselves into automotive manufacturers? Who cares? I want to switch the conversation up the way here from the kind of the bigger vision stuff to watch the lightning network. Do you think that the lightning network has kind of lived up to its promise? Why have we not seen more support from wallets and from exchanges to actually implement the lightning network? Currently, I think we see more bitcoin locked up in tokenized on a theory than there is bitcoin locked up on the lightning network. So is this a failure of the Leighton network or is it still just trying to find its feet? Oh, it’s so early to. I mean, I don’t think we can really call winners and losers. Now, keep in mind, I’m biased. I’m writing a book about the Lightning Network because I think it’s a fascinating technology, but it’s really, really early days. This is like the web in nineteen ninety eight ninety nine. And it really hasn’t come into its own. One of the important things to realize about all of these technologies is that the innovation is happening in different layers. And when you have innovation like the Lightning Network, which is actually accelerates its innovation in the bitcoin space by opening up to new APIs and new more rapid development models. When when new things are introduced to the protocol level, those effectively do not exist until they exist in a user interface for users. So this is one of the fundamental issues we have in any of these technologies. You can make something great and new technology and then if none of the wallets implemented, it doesn’t exist and you have to wait for the wallets to catch up. And wallets are actually one of the least monetized, least well invested infrastructure components in the entire blockchain space. There is a weak point. So as a result, it may take two or three years. And so you see these technologies trickle in to two wallets. On average, it takes about three years. So we’re nowhere near seeing the full potential. I think the Lightning Network is a fantastic technology and I don’t really see it as competing against other technologies like decentralized finance. It’s happening in a. All of these are complementary and they work very well together. Do you think that Bitcoin’s lack of privacy could be a problem? You know, we’ve seen first hand we do have the wasabi wallet, which gives people the option to send private transactions. But on the flip side, we’ve seen regulators come after a Bitcoin mixer developer in the past and we have companies like Chain Alices, which provide governments with details on Bitcoin transactions. So is this a flaw of Bitcoin? Is that it? We have more privacy on Bitcoin or is this a plus of Bitcoin? It’s a flaw of Bitcoin, most certainly. And I’ve been talking about that for six or seven years now about the importance of privacy and strengthening privacy in Bitcoin just to make a point there. They didn’t come after a developer fixing services that came after an operator of mixing servers, which is a very, very different thing. No one has so far prosecuted developers for, I think, software the bay themselves soon all to operate. That would be a very serious First Amendment issue. So in Bitcoin security, privacy is difficult. You have to be very careful in order to maintain your privacy. And that’s a weakness. Fortunately, there are a number of technologies that are making that are likely to make that much better. One of them is a series of changes that are being introduced bitcoin now. Schnoor signatures, top rates and typescript of the technical names. But in any case, it’s it’s a package that allows transactions to appear as if there are simple payments when they’re much more complex script. So for example, a transaction that opens and closes a lightning channel instead of being easily identifiable as such and allowing you to identify which channel on which nodes interacted with it instead will appear as a single payment from a sender to a recipient’s mixed among all of the other payments. In technical terms, what that does is it increases the anonymity set of transactions, making it much more difficult to do this kind of analysis. Companies like Catamount changeless and others are basically in an arms race against privacy. And what they’re doing is they’re providing the world’s worst dictators and regimes, either directly or indirectly, with information that violates the civil rights of millions of people. I think it’s fundamentally immoral to even work at a company like this. And just like I would consider it’s immoral to work for a weapons manufacturer or, you know, a company that builds cages for refugee concentration camps. You have to make some choices when you work. And those moral choices are important, but they’re an arms race that they’re gradually losing and they will eventually lose because it simply becomes harder and harder to track these transactions. The lightning network is another privacy technology that is going to help with that. Together with some of the other technologies being introduced. But yeah, it is a weakness. And that’s also why I’m interested in the broader ecosystem, because Bitcoin isn’t alone. It’s part of an ecosystem of cryptocurrency, some of which have stronger privacy characteristics that are very easily interchangeable with very low barriers and switching costs. And I think it’s important to look at the ecosystem. Do you think that Bitcoin might be developing too slowly? LICHTMAN stuck on five transactions per second for a very, very long time. And I don’t see where we’re going. Aside from Lighton network, of course, where we’re going to go beyond that, a lot of people do call it all is a weakness of Bitcoin that it hasn’t been perhaps developing its fastest way to basically see happening across the crypto ecosystem. Well, Bitcoin is fundamentally the most conservative system out there because it’s intended to be extremely robust and secure and able to resist attacks by collusion or cooperation between nation state level actors. And so far, it has resisted attacks at that level, whereas many of the smaller competitors that are attempting to scale things up by reducing decentralization are going to pay a very big price and they’re much easier to attack than than Bitcoin. So from that perspective, that’s a design choice. It’s not an accident. It’s not a it’s a deliberate design choice to keep things conservative in order to maximize decentralization. There are some fundamental design tradeoffs here that you can’t just wave away. If you create a system where everybody has to validates everything and that’s a security feature, then that system will necessarily not scale. If you increase the scale of that system, then it becomes a burden on everyone who’s trying to validate. And that means you lose validators until eventually you have very few validators easily identified, easily coerced, and the system is is vulnerable to attacks. So that’s the fundamental tradeoff. And it’s not an easy tradeoff to solve. One of the best solutions in my mind is to move off chain many of the transactions that do not need to be validated by everyone while maintaining the same security models through smart contracts. And that’s what the Lightning Network is doing, given the ability of the lightning network to do millions of transactions per seconds while maintaining the full security of the bitcoin chain. I think that’s a much better avenue for scaling the system. It’s a really revolutionary technology when you start to understand what the lightning network is. And like you said, it’s still the very early days for outside of the Bitcoin ecosystem specifically. So why do ecosystem overall. But what is the technology that’s getting you most excited right now in the entire cryptocurrency space? Well, there’s there’s a couple of technologies that are keeping me most excited. Certainly I’ve been interested for the past four years. And smart contracts and blockchains that execute smart contracts on a virtual machine such as the theorem I’ve written about, that’s one of my books, mastering a Theorem from a technical perspective. And I think we’re beginning to see some early examples of how these can express a rather rich applications. Of course, we’re still at the toy scale and there’s all kinds of complexity and risk that comes with that. But it’s very interesting to see the very rapid pace of developments, for example, and decentralized finance. A lot of interesting examples coming out there. And what’s interesting here is that I’m hoping that we’ll move from the stage where technology is used to replicate or mimic the status quo, the existing sets of applications. So you have a better tool and you use it to build the same thing you were building before, just bigger, better, faster. And the next stage of that is where we start building things that simply could not be done with the existing set of tools. That’s when it really is innovative. And I think we’re reaching that point with decentralized finance. You know, when we look at the Internet, for example, in the early days, everyone was like, OK, how many fax machines does this replace? Because the only way to perceive the Internet and to measure its value was by the metrics of the previous system and to understand it and how it it simulates or mimics the previous system. But of course, all of the value does not come from there. It comes when you that question stops making any sense. So how many bank accounts can you replace with cryptocurrency? Is this level where. Now, when we stop asking that question, we start thinking about applications you couldn’t do before. That’s when we really see the innovation that excites me. The other one that excites me equally and for the same reasons is the very rapid developments in cryptography, fundamental research that has been spurred on by bitcoin. If you think about it, Bitcoin is the largest civilian deployment of cryptography ever. It’s the largest practical application of cryptography that has reached consumer level ever other than, let’s say, a hard, hard drive encryption. And it’s as such, it’s it’s kind of pioneering cryptography. And as a result, it’s it’s spurred research. Zero knowledge proofs is a perfect example. The amounts of research that has come out of the zero knowledge proof area just in the last two years is staggering and it’s moving really, really fast. All of these things within a decade will turn into practical applications that truly revolutionize finance. I think that’s one thing that a lot of people, they get very anxious and impatient about how quickly this technology is going to roll out. But if take the long term perspective, you know, you said right, 10 years from now, whereas this technology, I mean, was the application level of that going to be now? The final topic going to touch on here with you is the bit coin having obviously about I think 20 days away at this point. There’s been a lot of speculation on what it’s going to mean for Bitcoin, the markets, the miners, all of this stuff in a wider perspective. What’s your take on the impact of the Bitcoin having? Well, interestingly enough, the Bitcoin having is happening in stages because there are a bunch of Falk’s of Bitcoin. That’s because of various quirks in the development. Ended up mining a lot more blocks and got to the having first and they saw some really radical effects because of the low hash rates. They became vulnerable to attacks and very low cost. It’s kind of a preview of what happens when you have a system where you can move to a more profitable competitor with the same mining equipment. Now Bitcoin doesn’t have a more profitable competitor with the same mining equipment. It is the most profitable competitor. So we’re not going to see that’s in fact, with the Bitcoin having I think in the short term, we’re going to see a lot of volatility. People are obviously worried and they’re going to be trading on on the emotional impacts of all of that. It’s going to take months after the having for everything to kind of settle down and for us to start seeing some of the fundamental impact of the constraint and supply that that will be because of the because of the halving in terms of demand. Demand is still very, very strong in Bitcoin. And I expect it to be even stronger as we see, you know, various national experiments with currency creating very weird conditions. People need safe haven assets. Right now, I think Bitcoin is one of them. That’s a personal opinion. I can’t give you financial advice, but so, you know, a whole lot of nothing is going to happen with the having. It’s just going to happen. And then ten minutes later, a new block is going to come out. And then ten minutes later, a new block is going to come out. And all of the people who wrote articles about the death spiral of Bitcoin that is imminent and how bitcoin is going to die again and again and again, they write obituaries so fast are going to be proven wrong. And of course, are not going to revise any of their obituaries. So I’ll just find a new reason to write more. That’s what Bitcoin does. Ironically, the story of is bitcoin dead yet is one of our greatest marketing successes, because every time someone here is that it’s not dead yet, that builds a bit of cognitive dissonance in their minds. And gradually they realize this thing is rather resilient. Haven’t needed a bail out yet. That is a great point. There is no big bailouts for bitcoin. Just a bit of a follow up to that question. The long term impact of having is going forward, not just this time. We’re talking potentially even decades down the road. Do you think that the incentives will actually keep pace as we see the block awards falling and miners needing to really subsist off of basically transaction fees at some point in the future? Well, first of all, we have a very, very long time to to look out for that. And we already know what that’s going to be. So people adjust their expectations accordingly on a daily basis. These profitability considerations happen every single day. Miners look at fees and block subsidy. Electricity costs. Operating costs. Hardware costs for mining. And they make decisions as to which miners are still profitable and which ones are not turning off the ones that are not. ET cetera, et cetera. It’s a constantly, dynamically adapting system. So in the long run, you know this we don’t know obviously how this is going to play out. But from my perspective, I think that we’re going to see is more transactions with more expensive fees, substituting for the block subsidy quite comfortably. And, you know, we have enough proof of work mining right now to keep the network secure. So even maintaining it at this level is perfectly fine. I don’t see a problem with that. It’s such a long term consideration and so much will change with Bitcoin. You know, we were having this discussion at the last having I guess, well, lightning that we’re didn’t even exist then. So how do you know that completely changes the equation of how fees are used to open on closed channels. So how can we possibly predict what’s going to happen in four years? You know, 50 percent of Bitcoin’s life time in in in a space that moves so fast. Perry, very interesting stuff. Andreas, thank you so much for taking the time out of your busy schedule to come and come and chat with everyone here on the channel. Again, just a reminder, there are links down below. We can check out the YouTube channel. The podcast and of course, get yourself one of those fantastic books that Andre has written. If you haven’t read the Internet of money yet or four volumes, two or three, you definitely get your hands on one of those. Sondre is. Thank you so much for coming on and having a chat. It’s been a pleasure, Laura. Thank you so much. Thank you.
source https://www.cryptosharks.net/talking-bitcoin-with-andreas-antonopoulos/
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fmm85 · 4 years
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blockchain Revolution and co-founders of the blockchain Research Institute. Alex’s new book is Financial Services Revolution.  Together they wrote the report blockchain Solutions in Pandemics.
This is one of those rare turning points in history. The COVID-19 pandemic will profoundly change our behavior and society. Many institutions will come under scrutiny and, we hope, change for the better. 
At the blockchain Research Institute, we’re doing our part to facilitate positive change. Technologies like artificial intelligence, the Internet of Things, augmented/virtual reality, and above all, blockchain are more relevant than ever – not just to business and the economy but to the future of public health and the safety of global populations.
Traditional systems have failed us and it’s time for a new paradigm. To build on Victor Hugo, “Nothing is more powerful than an idea that has become a necessity.” 
Health care crises and blockchain: A framework
Given the urgent need for global solutions, the blockchain Research Institute convened a virtual roundtable of 30 experts from five continents. We discussed the challenges of COVID-19 and the possibilities of using blockchain in areas of need. In our special report, “blockchain Solutions in Pandemics,” we developed a framework for facing pandemics together in these five areas. 
1. Self-sovereign identity, health records and shared data
Data is the most important asset in fighting pandemics. If any useful data exists now, it sits in institutional silos. We need better access to the data of entire populations and a speedy consent-based data sharing system. To accelerate discovery, the blockchain startup Shivom is working on a global project to collect and share virus host data in response to a call for action from the European Union’s Innovative Medicines Initiative. In Honduras, Civitas – an app developed by the start-up Emerge – is linking Hondurans’ government-issued ID numbers with blockchain records used to track medical appointments. Doctors simply scan the app to review a patient’s symptoms verified and recorded by telemedicine services.
Dr. Raphael Yahalom of MIT and the Oxford-Hainan Research Institute is working on Trustup, a trust-reasoning framework that can systematically highlight the ways in which health data recorded on a blockchain ledger is more trustworthy than data stored in conventional databases. The trade-off between privacy and public safety need not be so stark. Through self-sovereign identities, where individuals own their health records and can freely volunteer it to researchers, we can achieve both.
2. Just-in-time supply chain solutions
Supply chains are critical infrastructure for our globally connected economy, and COVID-19 has put them under tremendous strain, exposing potential weaknesses in their design. We must rebuild supply chains to be transparent, where users can access information quickly and trust that it’s accurate. The start-up RemediChain is doing just that for the pharmaceutical supply. One of its co-founders, Dr. Philip Baker, was interested in tracking down and recycling unused but still efficacious medications such as those used for cancer. He saw blockchain as means of recovering their chain of custody: 
By posting the medication and its expiration date, people all over the country can create a decentralized national inventory of surplus medication. When there is [a] sudden run on a previously ubiquitous medication like hydroxychloroquine, healthcare professionals can call on this surplus as a life-saving resource. The same principle applies for ventilators and PPE.
blockchain serves as a “state machine” that gives us visibility into the state of our suppliers as well as the assets themselves. When COVID-19 hit, the start-up VeriTX – a virtual marketplace for digital assets like patented design files – pivoted to medical supplies, so that medical facilities could print the parts needed at one of the 180 3D printing facilities in VeriTX’s network. VeriTX can reverse-engineer a part and then build it much faster and at a lower cost than getting it from the original manufacturer or replacing the equipment.
3. Sustaining the economy: How blockchain can help
If supply chains are the machinery of global commerce, then money is its lubricant. Yet, money as a carrier of the disease has been a stressor during this pandemic. We highlight the what, why and how of digital cash as an alternative. Costs are also an issue. The Ethereum-based Solve.Care platform is dramatically lowering health-care administrative costs so that more of a patient’s medical budget goes directly to care. The health crisis has also become a financial crisis, closing off access to supply chain credit. We look at blockchain-based financing solutions such as Chained Finance and fundraising efforts like that of the binance Charity Foundation. Finally, decentralized models of governance such as those created by blockchain startups Abridged and Aragon can transform how NGOs, governments, and communities respond to the crisis.
4. A rapid response registry for medical professionals
Front-line medical professionals are the heroes and our last line of defense. Yet, hospitals can’t onboard people fast enough. This is not for lack of talent; it’s the inability to find those with proper credentials. blockchain platforms such as Dock.io, ProCredEx and Zinc.work help to streamline coordination among different geographies, departments, and certification bodies so that supply and demand for healthcare workers – as well as the process for verifying their skills – becomes more efficient and transparent. 
5. Incentive models to reward responsible behavior
People respond to incentives. blockchain serves as a mechanism to synch up the incentives of stakeholder groups around issues and activities, changing patterns of behavior in the process. For example, the Heart and Stroke Foundation of Canada collaborated with Interac to micro-motivate healthy lifestyles, and Toronto’s University Health Network teamed up with IBM to put control over health records into patients’ hands. 
An action plan for the new paradigm
Many of these changes are beyond the timeframe of this round of COVID-19. But many can be implemented quickly. 
Governments must wake up to the blockchain opportunity. Every national government should create an emergency task force on medical data to start planning and implementing blockchain initiatives. They can stimulate the development of technology firms working on the solutions described here. They should partner with medical professional associations and other players to implement blockchain credential systems.
We anticipate a real crisis of leadership as the new digital-first and digital-only models conflict with the old industrial tried-and-true.
The private sector affected by COVID-19 must still lead the way. They must start today by incorporating blockchain into their infrastructures. Companies need to continue their work on pilots framed around medical records, credentialing systems, incentive structures and other sovereign identity solutions. When designing these pilots, companies could consider embedding incentive systems for socially responsible behavior. 
Emergencies turbocharge the pace of historical progress. Businesses like Zoom, once used mostly by technology companies, have become ubiquitous tools of daily life. Meanwhile, 20th century titans are asking for bailouts. By necessity, human behavior – from where we work and when to how we socialize – changes overnight. Add to this mix the exponential properties of blockchain, and we’re setting ourselves up for a cataclysm of some kind.
We anticipate a real crisis of leadership as the new digital-first and digital-only models conflict with the old industrial tried-and-true. Maybe this awful crisis will call forth a new generation of leaders who can help us finally get the digital age on track? Who among us will step up?
Disclosure strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
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The post Five Ways Blockchain Tech Can Help Us During This Pandemic appeared first on Future Money Matters.
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• A lot of people can be afraid of the masking because people can misrepresent themselves [in the Internet] and they can pose as people they’re not. Well, yeah; that’s true. That’s one side of it. But the other side of it is that it equalizes you and if you happen to be a person who is not equal in the eyes of the greater society that’s a damn good thing. – Augusten Burroughs • A lot of rumours on the Internet are wrong and horrible. – Carine Roitfeld • Access to science is greater than ever before. There are more vehicles out there that grant the public access to science. Not to mention the Internet. – Neil deGrasse Tyson • According to new statistics, Pope Francis is the most talked about person on the Internet. And not only that, he has the most viewed profile on Christian Mingle. – Conan O’Brien • After Memory Keepers Daughter, it took me a few months to shut out the world. I really had to turn off the Internet and sort of cloister myself away from the world again and sink into that psychic space to write again. – Kim Edwards • Am I going to regret leaving Wall Street? No. Will I regret missing the beginning of the Internet? Yes. – Jeff Bezos • America Online customers are upset because the company has decided to allow advertising in its chat rooms. I can see why: you got computer sex, you can download pornography, people are making dates with 10 year-olds. Hey, what’s this? A Pepsi ad? They’re ruining the integrity of the Internet! – Jay Leno • America should be cooling down the tensions in the internet, making it a more trusted environment, making it a more secure environment, making it a more reliable environment, because that’s the foundation of our economy and our future. – Edward Snowden • An attitude of only taking what you need was built into the protocols of the Internet itself.- Danny Hillis • Anyone who attempts to generate random numbers by deterministic means is, of course, living in a state of sin. – John von Neumann • As a graduate student at Oxford in 1963, I began writing about books in revolutionary France, helping to found the discipline of book history. I was in my academic corner writing about Enlightenment ideals when the Internet exploded the world of academic communication in the 1990s. – Robert Darnton • As long as you have markets, you’ll have excesses. People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started. I mean, you know, you’re not going to change the human animal. And the human animal really doesn’t get a lot smarter. – Howard Warren Buffett • As the most participatory form of mass speech yet developed, the Internet deserves the highest protection from government intrusion. – Stewart Dalzell
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  jQuery(document).ready(function($) var data = action: 'polyxgo_products_search', type: 'Product', keywords: 'Internet', orderby: 'rand', order: 'DESC', template: '1', limit: '68', columns: '4', viewall:'Shop All', ; jQuery.post(spyr_params.ajaxurl,data, function(response) var obj = jQuery.parseJSON(response); jQuery('#thelovesof_internet').html(obj); jQuery('#thelovesof_internet img.swiper-lazy:not(.swiper-lazy-loaded)' ).each(function () var img = jQuery(this); img.attr("src",img.data('src')); img.addClass( 'swiper-lazy-loaded' ); img.removeAttr('data-src'); ); ); ); • Because of the control of the media by corporate wealth, the discovery of truth depends on an alternative media, such as small radio stations, networks, programs. Also, alternative newspapers, which exist all over the country. Also, cable TV programs, which are not dependent on commercial advertising. Also, the internet, which can reach millions of people by-passing the conventional media. – Howard Zinn • Because the Internets there, I have access to a lot of the legends, like Fela Kuti. I used to watch a lot of Fela Kuti videos, just to see how he performed. He inspired me a lot, actually, because he was a man of many words, many good words. – King Krule • Before there was an Internet, before there was an AOL, the circulation of newspapers was going down. – Donald E. Graham Before you marry a person, you should first make them use a computer with slow Internet to see who they really are. – Will Ferrell • Being connected to the Internet means being vulnerable to coordinated actions that can knock down walls of secrecy and shatter mechanisms of control. – Jamais Cascio • Beware of addictive medicines. Everything in moderation. This applies particularly to the Internet and your sofa. The physical world is ultimately the source of all inspiration. Which is to say, if all else fails: take a bike ride.- Aaron Koblin • By placing intelligence at the edges rather than control in the middle of the network, the Internet has created a platform for innovation. – Vinton Cerf
[clickbank-storefront-bestselling] • Chinese national Internet policy is very simple: Block and clone. – Michael Anti • Cloud computing offers individuals access to data and applications from nearly any point of access to the Internet, offers businesses a whole new way to cut costs for technical infrastructure, and offers big computer companies a potentially giant market for hardware and services. – Jamais Cascio • Crackdowns on Internet content make clear the need for an anonymized Web. Now, someone just needs to implement it. – Jamais Cascio • Cryptography is the essential building block of independence for organisations on the internet, just like armies are the essential building blocks of states, because otherwise one state just takes over another. – Julian Assange • Cutting through the acronyms and argot that littered the hearing testimony, the Internet may fairly be regarded as a never-ending worldwide conversation. The government may not, through the CDA, interrupt that conversation. – Stewart Dalzell • Cyberspace undeniably reflects some form of geography.- Sandra Day O’Connor • Describing the Internet as the Network of Networks is like calling the Space Shuttle, a thing that flies. – Jon Lester • Don’t ever, ever try to lie to the internet. – Gabe Newell • Dont you think dreams and the Internet are similar? They are both areas where the repressed conscious mind vents.- Yasutaka Tsutsui • During my service in the United States Congress, I took the initiative in creating the Internet. – Al Gore • Email is a 40-year-old technology that is not going away for very good reasons – it’s the cockroach of the Internet. – Jason Hirschhorn • Entire new continent can emerge from the ocean in the time it takes for a Web page to show up on your screen. Contrary to what you may have heard, the Internet does not operate at the speed of light; it operates at the speed of the DMV. – Dave Barry • Eventually, somewhere – be it on the Internet or somewhere else – I will host some version of ‘The Daily Show.’ – Marcus Brigstocke • Falling in love and having a relationship are two different things but yeah I can imagine that you can kind of – I think it depends on one’s psychological state. I think there are some people who are on the internet and can fall in love and seem to be in a certain psychological state and other people who are – who couldn’t quite do that. – Keanu Reeves • Getting information off the Internet is like taking a drink from a fire hydrant. – Mitchell Kapor • Government investment unlocks a huge amount of private sector activity, but the basic research that we put into IT work that led to the Internet and lots of great companies and jobs, the basic work we put into the health care sector, where it’s over $30 billion a year in R&D that led the biotech and pharma jobs. And it creates jobs and it creates new technologies that will be productized. But the government has to prime the pump here. The basic ideas, as in those other industries, start with government investment. – Bill Gates • Guys should not be allowed to use the Internet all day long. So sad.- Natasha Leggero • Human beings are attracted to novelty: to probe the adjacent possible. We didnt stay in the caves. We didnt stay on the planet, and soon we wont stay within the limitations of our biology. We move forward. We transcend our limits. We go to the moon, and we create the Internet. – Jason Silva • I agree completely with my son James when he says ‘Internet is like electricity. The latter lights up everything, while the former lights up knowledge’. – Kerry Packer • I always had faith in the internet. I believed in it and thought it was obviously going to change the way the world worked. I really did not understand why others were selling their stock. As stock prices plunged, I just bought them, one after another, since I had the money. I guess I was rather lucky. – Takafumi Horie • I always try and tell dudes that are younger than me is that because of the Internet everyone can just be by themselves doing something, but the importance of a group is being able to have some sort of competition. – Earl Sweatshirt • I always use the Internet. It’s a great marketing tool. It’s a great starting point, allowing you to show your trailer and have people all over world be able to see it. It was much harder in the old days. – Tom Six • I am possibly thinking about doing an Internet show in the future that will highlight political organizations that I seek out to let people know about them, volunteer opportunities, and donation opportunities. – Kathleen Hanna • I coauthored my first nonfiction book by the time I was 25. I have been involved in nonfiction documentaries, newspapers, TV and internet since that time.- Julian Assange • I do get offered a lot more roles than I choose to do. I’m very busy as a producer and a writer, especially with my Internet stuff, and I tend to only accept the roles that I know will have an impact and has a fanbase. – Felicia Day • I don’t sweat the Internet. You know, it’s still something I enjoy as a movie geek myself to get on and, like, look at all the websites; however, when it comes to marketing a movie, the Internet is still not the thing that gets people to the theatre. – Michael De Luca • I don’t worry about anything in the Internet age. I have been online since I was aware of it: 1985 in San Francisco. It has changed everything in my life. I would not want to even be alive in an era that did not have it because it is essential to our evolution as a species. – Augusten Burroughs • I graduated from high school in 1963. There were no computers, cell phones, Internet, credit cards, cassette tapes or cable TV. – Jeffrey Gitomer • I had had a lot of experience in bringing the Internet to Australia, and I saw that knowledge in the hands of people achieves reform.- Julian Assange • I hate auditioning; it makes me more nervous than anything ever, and I always feel like I wasted my time and I could have been creating my own thing. With the Internet, you have so much freedom that ‘gatekeepers’ make me terrified. – Grace Helbig • I have a very low tolerance for boredom and often think I would have missed out on books entirely if Id grown up in the Internet and video game age. Now I enjoy books for people of all ages, including children. – Rick Yancey • I have always had stuff on the internet, way back in the Myspace days, I had a lot of friends on Myspace. And it is just all about like networking – contacting people and showing people, like, your mind. – Kreayshawn • I have an almost religious zeal… not for technology per se, but for the Internet which is for me, the nervous system of mother Earth, which I see as a living creature, linking up. – Dan Millman • I have no internet savvy whatsoever, but I love researching things. The Internet is my library… beyond that, I’m completely intimidated by it. – Drew Barrymore • I just the other day got, an internet was sent by my staff at 10 o’clock in the morning on Friday and I just got it yesterday. Why? Because it got tangled up with all these things going on the internet commercially… They want to deliver vast amounts of information over the internet. And again, the internet is not something you just dump something on. It’s not a truck. It’s a series of tubes. – Theodore Stevens • I live in a bubble. I don’t read the blogs, or go on the internet, and I really just don’t know what people are saying because, well I guess I’m afraid to. – Ron Perlman • I love the Internet, and I love wasting time on the Internet – even though it sometimes ends up being not being a waste of time. – Claire Cameron • I sometimes wonder how we spent leisure time before satellite television and Internet came along…and then I realise that I have spent more than half of my life in the ‘dark ages’! – Arthur C. Clarke • I think [the virtual choir] speaks well to a benevolent future for the Internet. – Eric Whitacre • I think it’s a bit silly to brand the Internet as the ‘downfall of youth.’- Ernest Cline • I think middle America has changed very, very much. I think people are way more open-minded. I think – I think it’s because the Internet. I think they’re exposed to so much. All the men talked about how much they love their wife, which I don’t hear all the time in art communities.- John Waters • I think that online harassment has become so ubiquitous on the Internet that a lot of women do feel safer, whatever that means, in spaces where they know like people are not going to bother them in that kind of way. – Jessica Valenti • I think that the Internet is our most profound and beautiful achievement. It is magnificent. We have the Internet as a layer of our thinking that doesn’t control us, we control it, yet we don’t have to be aware of it. It will be like a suit that really fits well. – Augusten Burroughs • I think there is a possible future where maybe we do just take a hard turn away from the Internet and we do start valuing our privacy again. – Brian K. Vaughan • I think with every successful consumer Internet business, there will be lawyers that are interested in going after your company, especially when they think that there’s a financial incentive. – Jeremy Stoppelman • I use the Internet for what it’s for: to learn. – Danny Brown • I want to preserve the free and open Internet – the experience that most users and entrepreneurs have come to expect and enjoy today and that has unleashed impressive innovation, job creation, and investment. – Julius Genachowski • I wanted to highlight the destruction in Gaza by posting photos on my website – but on the internet, people only look at pictures of kittens. – Banksy • I wanted to reexamine the idea of the album for generations of people who are not my age, who love music or learning about music or are finding this band called R.E.M. or have just previously heard “Losing My Religion” and “Everybody Hurts” as their elevator music. I wanted to present an idea of what an album could be in the age of YouTube and the Internet. – Christopher Bollen • I was inspired by the Hole in the Wall project, where a computer with an internet connection was put in a Delhi slum. When the slum was revisited after a month, the children of that slum had learned how to use the worldwide web. – Sugata Mitra • I wont deny that I have a far more productive writing life without the Internet, mostly because I rekindle my ability to concentrate on one thing for a period of longer than three minutes. My curiosity is channeled inward rather than Internet-ward. – Heidi Julavits • I worry about my child and the Internet all the time, even though she’s too young to have logged on yet. Here’s what I worry about. I worry that 10 or 15 years from now, she will come to me and say ‘Daddy, where were you when they took freedom of the press away from the Internet?’ – Mike Godwin • I’d like to know what the Internet is going to look like in 2050. Thinking about it makes me wish I were eight years old. – Vinton Cerf • If I do need to make money suddenly, I prefer to just draw something I want to draw and have someone else sell it for me on the Internet. – Chester Brown • If some unemployed punk in New Jersey, can get a cassette to make love to Elle McPherson for $19.95, this virtual reality stuff is going to make crack look like Sanka. – Dennis Miller • If the Internet can be described as a giant human consciousness, then viral marketing is the illusion of free will. – George Pendle • If the Internet is worth its salt, it has to help arrest the forces that promote inequality, monopoly, hypercommercialism, corruption, depoliticization and stagnation. – Robert Waterman McChesney • If the Internet turns out not to be the future of computing, we’re toast. But if it is, we’re golden. – Larry Ellison • If you and I got on an airplane, you’re going to L.A., Los Angeles, and I’m going to Senegal, we get there about the same time. The world is just that small. So a world that is so tightly bound by science and technology and now Internet and the web page, that world is too small for bullies. It has no room in that world for arrogance. – Jesse Jackson • If you have a kid and you try irony out on them, they don’t get it at 7, 8 years old. You can’t really hide the Internet from kids. It worries me some particularly because I’ve done Disney and Pixar stuff. – Randy Newman • If you hear an expert talking about the Internet and saying it [does] this, or it will do that, you should treat it with the same skepticism that you might treat the comments of an economist about the economy or a weatherman about the weather.- Danny Hillis • If you look at the evolution of games from console to Internet to mobile, and look at social networking from Web to mobile, everything is fragmenting. – Chris DeWolfe • If you offer people a decent service, if you give them you know Internet access, if their phones are not cut off on the trains, you know if you have plugs where they can plug in their computers, and if you have a smiling, cheerful staff; and if you can travel really quickly, then you can make a success out of the rail business. – Richard Branson • I’m a great believer in particularly being alert to changes that change something, anything, by an order of magnitude, and nothing operates with the factors of 10 as profoundly as the Internet. – Andy Grove • Im accustomed to Internet forums where rudeness and incivility are the rule, where too many people seem to take pride in their insults. – Bryan Burrough • I’m lucky enough to have been in the age before the internet and now during the internet. I’m grateful to be a witness to that. It’s horse and buggy versus car. To see how quickly things change has given me a renewed sense of optimism. Does that make sense? – Kathleen Hanna Impact, Roles, Stuff • In a way, the whole music industry is just catering to the inherent esteem issues all these artists have – it lays it all out on the line and baits the artist, like a light baits a mosquito. And you go right into it. With every comment on the internet, you go up, you go down, and it’s a big shitshow full of uneducated people. – Willis Earl Beal • In much the same way, motherhood has become the essential female experience, valued above all others: giving life is where it’s at. Give birth in cities where accommodation is precarious, schools have surrendered the fight and children are subject to the most vicious mental assault through advertising, TV, internet, fizzy drink manufacturers and so on. Without children you will never be fulfilled as a woman, but bringing up kids in decent conditions is almost impossible. – Virginie Despentes • In order for us [people] to progress, we need brilliance and brilliance isn’t fair and it’s not polite and we can’t grow it. It happens. Genius happens and it doesn’t always happen in a zip code where we can access it. Therefore, we kind of need [Internet] not to keep tabs on everybody but we need to give them access to everybody else. – Augusten Burroughs • In production, in the first couple of weeks of production, that it was more like making an internet musical. – Joss Whedon • In the Internet age, with the screaming on the radio, etc., it is hard to know what to believe and who is informed and who is not. – Michael Specter • In this business, by the time you realize you’re in trouble, it’s too late to save yourself. Unless you’re running scared all the time, you’re gone. – Bill Gates Information, Pickles, Turns • Innovation is what America does best. Whether it is the Apollo Project to the moon, developing the most advanced defense technologies available, the rise of the Internet or the latest advancements in biomedical gene therapies, our nation leads the world in transformative innovations. – Martin Heinrich • Internet technology, like anything else that mankind creates is a tool and that tool can be used for good or for evil, like a light saber. Technology is supposed to bring people together, streamline things and make life easier and in a lot of ways it does that. However, technology can also disconnect you from other people and break down the social network, the real social network of family and friends and interpersonal communication, and isolate people, make them feel alone, make them feel small. So it’s a tool that needs to be used correctly. – Rainn Wilson • Internet users, that blue screen of death you were looking at this morning? That’s the sky. If you’re still confused, look it up on Wikipedia tomorrow. – Stephen Colbert • It all stems from the same thing – which is that when we are face to face – and this is what I think is so ironic about Facebook being called Facebook, because we are not face to face on Facebook … when we are face to face, we are inhibited by the presence of the other. We are inhibited from aggression by the presence of another face, another person. We’re aware that we’re with a human being. On the Internet, we are disinhibited from taking into full account that we are in the presence of another human being. – Sherry Turkle • It is possible to think that the Internet will be a net positive for society while admitting that there are significant downsides – after all, it’s not a revolution if nobody loses. – Clay Shirky • It shouldn’t be too much of a surprise that the Internet has evolved into a force strong enough to reflect the greatest hopes and fears of those who use it. After all, it was designed to withstand nuclear war, not just the puny huffs and puffs of politicians and religious fanatics. – Denise Caruso • Its flattering that there are lots of Internet fan sites about me. Im a bit of a technophobe and I dont even own a laptop, but its probably a good thing Im not logged on, checking up on what everyone is saying about me. – Jonas Armstrong • It’s important for us to explain to our nation that life is important. It’s not only life of babies, but it’s life of children living in, you know, the dark dungeons of the Internet. – George W. Bush • It’s like they say in the Internet world — if you’re doing the same thing today you were doing six months ago, you’re doing the wrong thing. Parents can learn a lot from that. – Bruce Feiler • It’s very advantageous to be sensitive with your work – and, yet, being sensitive, in reality, when criticized, it can annihilate you. It can destroy you. And with the internet there sometimes is a lot of harm, which I find must be very difficult for youngsters coming on – it can be very harsh; the criticism. And, sometimes, it can be a little cruel – which makes it hard for young performers coming on. – Michael Crawford • I’ve learned a lot about things because of the Internet. I’m happy with it, but it’s a long road for me. I’m still definitely a little anti. – Patrick Stump • John Kerry is finding out that it is no fun to be the front runner, that’s when you get all the heat. He had to deny internet rumors this week that he had Botox treatments. The Republicans say Kerry should have a clear, unfurrowed brow the old fashioned way by not giving a sh–. – Bill Maher • Just as the Internet drops transaction and collaboration costs in business and government, it also drops the cost of dissent, of rebellion, and even insurrection. – Don Tapscott • Just as the strength of the Internet is chaos, so the strength of our liberty depends upon the chaos and cacophony of the unfettered speech the First Amendment protects. – Stewart Dalzell • Just as we could have rode into the sunset, along came the Internet, and it tripled the significance of the PC. – Andy Grove • Magazines that depend on photography, and design, and long reads, and quality stuff, are going to do just fine despite the Internet and cable news. – Jann Wenner • Most Internet business theorists are really looking at preserving the necks of giant, Fortune 500 companies, rather than promoting the digital, peer-to-peer economy that actually wants to happen. – Douglas Rushkoff • Most kids come home from school. They don’t go to their TVs first. They go to the Internet. They check their emails, or some blogs, or some sites. Then they go watch TV. Other people are at work all day 9-5 in front of a computer. They see certain clips. We’re not going to hide the fact that people use the Internet. We’re going to try to be as interactive as possible with our fans. I’m currently on Twitter and Facebook and Flicker and Dig. I’m on all that stuff. – Jimmy Fallon • My favorite thing about the Internet is that you get to go into the private world of real creeps without having to smell them.- Penn Jillette • My wife and I have purchased two hybrids. We bought a 3 kw photovoltaic unit. We recycle and offset our carbon emissions on the Internet. We turn things off. But we also spend two nice salaries every year, and here’s the dirty little secret – our environmental footprint is HUGE, I’m sure. We’ve all got to do what we can in our individual lives, but we’ve also got to drive the systemic changes that will make the big differences. – James Gustave Speth • Net Neutrality’ is Obamacare for the Internet; the Internet should not operate at the speed of government. – Ted Cruz • Net neutrality was essential for our economy; it was essential to preserve freedom and openness, both for economic reasons and free speech reasons, and the government had a role in ensuring that Internet freedom was protected.- Julius Genachowski • Newspapers and magazines didn’t want pictures of musicians behaving badly back then. Now, because of the Internet, that’s all the media wants. – Mick Rock • Nowadays we have so many things that take our attention – phones, Internet – and perhaps we need to disconnect from those and focus on the immediate world around us and the people that are actually present. – Nicholas Hoult • Nowadays, anyone who cannot speak English and is incapable of using the Internet is regarded as backward. – Al-Waleed bin Talal • On Chinese Internet, freedom is a targeted and precise window. – Michael Anti • On the Internet you get continuous innovation, so every year the streams are a little better. – Reed Hastings • On the Internet, everyone is writing. There is a great flowering of writing.- James Salter • On the Internet, there are an unlimited number of competitors. Anybody with a Flip camera is your competition. What makes it even worse is that YouTube is willing to subsidize the cost of your bandwidth. So anybody can create and distribute for free basically, but the real cost is marketing. And that’s always the big cost – how do you stand out and what’s the cost of standing out? And there’s no limit to that cost. – Mark Cuban • One of the Internet’s strengths is its ability to help consumers find the right needle in a digital haystack of data. – Jared Sandberg • One of the myths about the Internet of Things is that companies have all the data they need, but their real challenge is making sense of it. In reality, the cost of collecting some kinds of data remains too high, the quality of the data isn’t always good enough, and it remains difficult to integrate multiple data sources. – Chris Murphy • One of the things I like about making stuff in the age of the Internet, is that people make stuff in response to it. You can see people respond to your work visually or musically or with writing.- John Green • One of the things that I realized when I left office was that in the 1990’s citizens across the world applied more power than they had ever had, as compared with the government, because of more people living under democracies than dictatorships for the first time, the power of the internet, which the young Chinese used to basically change China’s policy on the SARS epidemic, and shut it down, and because of the rise in non-governmental organizations like my foundation. – William J. Clinton • One of the wonderful things about Internet is its like a salon. It brings people together from different intellectual walks of life. – Eric Kandel • People are mostly focused on defending the computers on the Internet, and there’s been surprisingly little attention to defending the Internet itself as a communications medium. And I think we probably do need to pay some more attention to that, because it’s actually kind of fragile.- Danny Hillis • People depend on the Open Internet to connect and communicate with each other freely. Voters need it to inform themselves before casting ballots. Without prompt corrective action by the Commission to reclassify broadband, this awful ruling will serve as a sorry memorial to the corporate abrogation of free speech. – Michael Copps • People over the age of thirty were born before the digital revolution really started. We’ve learned to use digital technology-laptops, cameras, personal digital assistants, the Internet-as adults, and it has been something like learning a foreign language. Most of us are okay, and some are even expert. We do e-mails and PowerPoint, surf the Internet, and feel we’re at the cutting edge. But compared to most people under thirty and certainly under twenty, we are fumbling amateurs. People of that age were born after the digital revolution began. They learned to speak digital as a mother tongue. – Ken Robinson • People wouldn’t go on Facebook unless they wanted to share with groups of people. But there is this perception that you have been on a course to push people’s information where it’s visible across the Internet unless they do a bunch of stuff. – Walt Mossberg • Privacy is not an option, and it shouldn’t be the price we accept for just getting on the Internet. – Gary Kovacs • Reddit is not a public utility or a public square; its a privately owned space on the Internet. – John Scalzi • Science fiction does not remain fiction for long. And certainly not on the Internet. – Vinton Cerf • Social media and the Internet haven’t changed our capacity for social interaction any more than the Internet has changed our ability to be in love or our basic propensity to violence, because those are such fundamental human attributes. – Nicholas A. Christakis • Some jerk infected the Internet with an outright lie. It shows how easy it is to do and how credulous people are. – Kurt Vonnegut • Thanks is part to our education system, we tend to think that we’re smarter than the stupid guys in funny wigs who came before us. But that’s because we are mistaking technology, progress, and access to information for intelligence. We think that because we know how to use iPhones (but not build them), browse the Internet (but not understand how it works), and use Google (but not really know anything), our educational system is working just great. By the same token, we think that those dumb aristocrats who used horses to get around and didn’t have electricity were neanderthals. – Glenn Beck • That is, we’re into a whole new world with the Internet, and whenever we sort of cross another plateau in our development, there are those who seek to take advantage of it. So this is a replay of things that have happened throughout our history. – William J. Clinton • The American revolutionaries believed in the power of the word. But they had only word of mouth and the printing press. We have the Internet. – Robert Darnton • The artistic desire reveals itself in dark form – in karaoke bars [or] trolling on the Internet. – Young-Ha Kim • The big change, the really radical change in communication, was in the late 19th century. The shift from sailing ships to telegraph is astronomical. Everything since then has been small increments, including the internet. – Noam Chomsky • The big downside to the global village that the Internet has created is that nothing has time to grow out of the public gaze and, even more dangerous, whatever your personal interests might be, there will always be someone somewhere to provide validation and encouragement. – Derek Ridgers • The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into building the Internet infrastructure. The hundreds of billions of dollars that got invested in telecommunications, for example. – Andy Grove • The constant buzz and pressure and noise and static of the Internet, and the way it makes young people feel makes it difficult to grow up and develop the way one might want to. – Ethan Hawke • The day I made that statement, about the inventing the internet, I was tired because I’d been up all night inventing the Camcorder. – Al Gore • The Internet “browser”… is the piece of software that puts a message on your computer screen informing you that the Internet is currently busy and you should try again later. – Dave Barry • The Internet has been the most fundamental change during my lifetime and for hundreds of years. Someone the other day said, “It’s the biggest thing since Gutenberg,” and then someone else said “No, it’s the biggest thing since the invention of writing.”- Rupert Murdoch • The Internet has been the most fundamental change during my lifetime and for hundreds of years. – Rupert Murdoch • The Internet has really democratized ideas. There are no real gatekeepers any more, because if you have a great idea, and you put it online, people will find it and it will get in front of who it needs to get in front of. – Justin Halpern • The Internet is a giant international network of intelligent, informed computer enthusiasts, by which I mean, “people without lives.” We don’t care. We have each other. – Dave Barry • The Internet is a giant international network of intelligent, informed computer enthusiasts, by which I mean, “people without lives.” We don’t care. We have each other…. While you are destroying your mind watching the worthless, brain-rotting drivel on TV, we on the Internet are exchanging, freely and openly, the most settings, uninhibited, intimate and, yes, shocking details about our “CONFIG.SYS.” – Dave Barry • The Internet is a telephone system that’s gotten uppity. – Clifford Stoll • The Internet is a very intimate entertainment experience. I’m in my own apartment talking to people, and I want them to feel like they’re with me in my apartment. So if I’m listening to them and taking ideas from them and being honest with how I’m feeling, it resonates even more that we’re having a real, actual conversation. – Grace Helbig • The Internet is all about accessing entertainment. Realistically, 50 to 80 percent of all traffic is people downloading stuff for free. If you can turn that huge market share into something that you can monetize, even if it is just with ads, you will end up making more money than with all other revenue streams combined. – Kim Dotcom • The internet is an amazing medium for languages. – David Crystal • The Internet is becoming the town square for the global village of tomorrow. – Bill Gates • The Internet is disrupting every media industry…people can complain about that, but complaining is not a strategy. And Amazon is not happening to book selling, the future is happening to book selling. – Jeff Bezos • The Internet is just a world passing around notes in a classroom. – Jon Stewart • The Internet is like a gold-rush; the only people making money are those who sell the pans. – Will Hobbs • The Internet is like alcohol in some sense. It accentuates what you would do anyway. If you want to be a loner, you can be more alone. If you want to connect, it makes it easier to connect. – Esther Dyson • The Internet is merely a new means of communication, that’s all it is. It serves the purpose of getting information, which it is fantastic at. I mean, I live by the Internet in terms of research and it’s incredible – there’s nothing that you can’t find out about. It’s not stopped me going to bookshops but I must say that I don’t go into as many because any book I want. – David Bowie • The internet is necessarily public. It can be filtered-public or censored-public, but it necessarily has to be open and available. – John Green • The Internet is the first thing that humanity has built that humanity doesn’t understand, the largest experiment in anarchy that we have ever had. – Eric Schmidt • The Internet is the great equalizer.The technology which emanated from the Silicon Valley of California has more potential to ameliorate social inequality than any development in the history of the world, including the industrial revolution. – Benazir Bhutto • The Internet is the greatest thing that ever happened to the entertainment industry. – Michael Ovitz • The Internet is the most important single development in the history of human communication since the invention of call waiting. – Dave Barry • The internet makes everything not enough. – Alec Sulkin • The Internet nowadays is all sensationalism, and it’s just terrifying when you’re actually experiencing it as a person.- Bradford Cox • The Internet seems like a safe house for the opposite mentality, for cynics and for jerks and for people who want to lash out. And it’s a valid thing. It’s a valid forum and I’m not going say that they aren’t valid feelings. But it’s sad. Considering the potential that something like the Internet, that connects so many people, has for good. I think it’s sad that it’s used so often for nothing but unfounded, overzealous negativity. – Chris Gethard • The Internet shapes my life and work so completely that I couldn’t imagine living without it. – Nicola Formichetti • The Internet was done so well that most people think of it as a natural resource like the Pacific Ocean, rather than something that was man-made. When was the last time a technology with a scale like that was so error-free? The Web, in comparison, is a joke. The Web was done by amateurs. – Alan Kay • The Internet will help achieve “friction free capitalism” by putting buyer and seller in direct contact and providing more information to both about each other. – Bill Gates • The Internet, I’m trying to point out, is a kooks’ paradise. Anybody with a keyboard and a modem can spread fear, loathing, and just plain asinine ideas among hundreds of thousands of people with the click of a button. Discouraging, but true. – David F. Emery • The Internet, of course, is more than a place to find pictures of people having sex with dogs. – Philip Elmer-DeWitt • The Internet, too, has strong attributes of a public good, and has undermined the “private good” attributes of old media. Internet service providers obviously can exclude people, but the actual content -the values, the ideas- can be shared with no loss of value for the consumer. It is also extremely inexpensive and easy to share material. Sharing is built into the culture and practices of the Web and has made it difficult for the subscription model to be effective. – Robert Waterman McChesney • The Internet]is a series of tubes. And if you don’t understand, those tubes can be filled and if they are filled, when you put your message in, it gets in line and it’s going to be delayed by anyone that puts into that tube enormous amounts of material, enormous amounts of material.- Theodore Stevens • The Internets distinct configuration may have made cyberattacks easy to launch, but it has also kindled the flame of freedom. – Jonathan Zittrain • The internet’s perfect for all manner of things, but productive discussion ain’t one of them. It provides scant room for debate and infinite opportunities for fruitless point-scoring: the heady combination of perceived anonymity, gestated responses, random heckling and a notional “live audience” quickly conspire to create a “perfect storm” of perpetual bickering. – Charlie Brooker • The key is really just saying my brain isn’t big enough to figure out why everything happens. It would be like an ant trying to understand the internet. – Rick Warren • The kind of environment that we developed Google in, the reason that we were able to develop a search engine, is the web was so open. Once you get too many rules, that will stifle innovation. – Sergey Brin • The most important thing for people to understand is that the basic rule that people have a right to send information over the Internet – even when they are using a wireless device – is part of the framework. – Julius Genachowski • The new information technology… Internet and e-mail… have practically eliminated the physical costs of communications. – Peter Drucker • The old internet is shrinking and being replaced by walled gardens over which Google’s crawlers can’t climb. – John Battelle • The penetration of society by the Internet and the penetration of the Internet by society is the best thing that has ever happened to global human civilisation. – Julian Assange • The remarkable social impact and economic success of the Internet is in many ways directly attributable to the architectural characteristics that were part of its design. The Internet was designed with no gatekeepers over new content or services. – Vinton Cerf • The screen is a window through which one sees a virtual world. The challenge is to make that world look real, act real, sound real, feel real. – Ivan Sutherland • The Semantic Web is not a separate Web but an extension of the current one, in which information is given well-defined meaning, better enabling computers and people to work in cooperation.- Tim Berners-Lee • The serialization through the Internet or through digital portals, means of ways of communicating, and I think that’s great. – Keanu Reeves • The web site and the Internet are a whole new ball game. – Johnny Ramistella • The whole, ‘Is the internet a good thing or a bad thing’? We’re done with that. It’s just a thing. How to maximise its civic value, its public good – that’s the really big challenge. – Clay Shirky • The worst and the best that the internet ever did was give everybody a voice. – Simon Pegg • There are two things in particular that it [the computer industry] failed to foresee: one was the coming of the Internet(…); the other was the fact that the century would end. – Douglas Adams • There is a very personal price to public humiliation, and the growth of the Internet has jacked up that price. – Monica Lewinsky • There was more data transmitted over the Internet in 2010 than the entire history of the Internet through 2009. – Ben Parr • There’s no real organised body, … so through the internet people have spread their videos, spread photos, and spread word of a new urban movement. – Chris Hayes • Think about this: It was illegal for most people to connect to the internet before 1992.- Steve Case • Thousands of people were producing new Web sites every day. We were just trying to take all that stuff and organize it to make it useful. – David Filo • To get a big company moving fast, especially on a many-headed opportunity like the Internet, you have to have hundreds of people participating and coming up with ideas. – Bill Gates • To seek Truth is automatically a calling for the innate dissident and the subversive; how many are willing to give up safety and security for the perilous life of the spiritual revolutionary? How many are willing to truly learn that their own cherished concepts are wrong? Striking provocative or mysterious poses in the safety of Internet [social media] is far easier than taking the risks involved in the hard work of genuine initiation. – Zeena Schreck • Today with technological advancement, with the Internet, with planes, with the rate at which we travel – even if you wanted, you cannot hide from the rest of the world. And whether you like it or not, you are part of this global marketplace, and so you might as well understand it, you might as well embrace it, because even if you hide, it will find you. – • Together with the rise of the internet, September 11 and its aftermath has changed most of our lives. – Hedi Slimane • Trade on the Internet is becoming very widespread. The problem is our laws have not caught up with electronic commerce. – Susan Bysiewicz • Turns out, theres not a lot of information about pickles on the Internet. – Brian Posehn • US has to be able to rely on a safe and interconnected internet in order to compete with other countries. – Edward Snowden • US spend more on research and development than the other countries, so we shouldn’t be making the internet a more hostile, a more aggressive territory. – Edward Snowden • Use the Internet to get off the Internet! – Scott Heiferman • Video for the Internet has become a testing ground for mediums that actually have revenue. – Mark Cuban • We are excited about Internet access in general. With better access to the Internet, people do more searches. – Larry Page • We believe we’re moving out of the Ice Age, the Iron Age, the Industrial Age, the Information Age, to the participation age. You get on the Net and you do stuff. You IM (instant message), you blog, you take pictures, you publish, you podcast, you transact, you distance learn, you telemedicine. You are participating on the Internet, not just viewing stuff. We build the infrastructure that goes in the data center that facilitates the participation age. We build that big friggin’ Webtone switch. It has security, directory, identity, privacy, storage, compute, the whole Web services stack. – Scott McNealy • We didn’t know the importance of home computers before the Internet. We had them mostly for fun, then the Internet came along and was enabled by all the PCs out there. – Burt Rutan • We have a strong and credible broadband policy because the man who has devised it, the man who will implement it virtually invented the Internet in this country. – Tony Abbott • We must also promote global access to the Internet. We need to bridge the digital divide not just within our country. But among countries. Only by giving people around the world access to this technology can they tap into the potential. Of the information age. – Al Gore • We’re into tech stuff, gadgets, phones, video games. We’ll treat a video game premiere like a movie premiere. I’m just going to be honest with what I like and what I do. What I enjoy. We’re not going to hide the fact that people are on the Internet all day. I think a lot of shows don’t really mention that. – Jimmy Fallon • What we need is a plan B … independent of the Internet. [It] doesn’t necessarily have to have the performance of the Internet, but the police department has to be able to call up the fire department. – Danny Hillis • What, exactly, is the internet? Basically it is a global network exchanging digitized data in such a way that any computer, anywhere, that is equipped with a device called a ‘modem’, can make a noise like a duck choking on a kazoo – Dave Barry • When Bill Clinton assembled the top minds of the nation to discuss the economy in 1992, no one mentioned the Internet. – David Leonhardt • When people conceptualize a cyber-attack, they do tend to think about parts of the critical infrastructure like power plants, water supplies, and similar sort of heavy infrastructure, critical infrastructure areas. And they could be hit, as long as they’re network connected, as long as they have some kind of systems that interact with them that could be manipulated from internet connection. – Edward Snowden • When the Internet first came into public use, it was hailed as a liberation from conformity, a floating world ruled by passion, creativity, innovation and freedom of information. When it was hijacked first by advertising and then by commerce, it seemed like it had been fully co-opted and brought into line with human greed and ambition. – Neil Strauss • When you find yourself on the Internet when you’re supposed to be writing, you’ve already lost. It’s even beyond procrastination when you end up on the Internet. – Noah Baumbach • When you get a small group of fans who hate something, it becomes compounded by the internet. The press picks up the internet like it’s a source. They don’t realise it is just one person typing out their opinion. – George Lucas • When you make the claim that something on the Internet is going to be good for democracy, you often [hear], ‘Are you talking about the thing with the singing cats?’ – Clay Shirky • When you use any kind of internet based capability, any kind of electronic capability, to cause damage to a private entity or a foreign nation or a foreign actor, these are potential acts of war. – Edward Snowden • Who needs evidence when you’ve got the Internet? – Christopher Buckley • Will the highways on the Internet become more few? – George W. Bush • With the development of the Internet…we are in the middle of the most transforming technological event since the capture of fire. I used to think that it was just the biggest thing since Gutenberg, but now I think you have to go back farther. – John Perry Barlow • With YouTube – with the Internet in general – you have information overload. The people who dont necessarily get credit are the curators. – Chad Hurley • You can always find a stray negative comment on the Internet. It’s like everybody loves to put negative comments on the Internet under the cloak of anonymity. – John Legend • You can go back to tulip bulbs in Holland 400 years ago. The human beings going through combinations of fear and greed and all of that sort of thing, their behavior can lead to bubbles. And it may have had and Internet bubble at one time, you’ve had a farm bubble, farmland bubble in the Midwest which resulted in all kinds of tragedy in the early ’80s. – Howard Warren Buffett • You could have these crazy Internet valuations in the late 1990s, but they prove themselves out in the market. The next day they were selling for more than they were the day before, and people said, you know, you’re crazy if you don’t get in on this. So it’s very human. – Howard Warren Buffett • You have to be very clear with yourself about how you’re going to spend your time. When a child is at school or napping, you need to realize that this is your writing time and you don’t spend it surfing the Internet or reading. – Elizabeth Hoyt • You spend money on Internet connection for your employees. Why not spend money on the energy that fuels their brains? – Shawn Achor • Younger feminists actually care about stuff that came before them, the same way that I totally cared about and loved and felt so lucky to have access to the feminism that came before me. To have younger people take what me and my friends have done, and to say ‘We have access to that, but we’re going to put that through our own Internet generation filter and we’re going to make it into something that speaks to us and is a lot smarter.’ – Kathleen Hanna
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equitiesstocks · 4 years
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Internet Quotes
Official Website: Internet Quotes
• A lot of people can be afraid of the masking because people can misrepresent themselves [in the Internet] and they can pose as people they’re not. Well, yeah; that’s true. That’s one side of it. But the other side of it is that it equalizes you and if you happen to be a person who is not equal in the eyes of the greater society that’s a damn good thing. – Augusten Burroughs • A lot of rumours on the Internet are wrong and horrible. – Carine Roitfeld • Access to science is greater than ever before. There are more vehicles out there that grant the public access to science. Not to mention the Internet. – Neil deGrasse Tyson • According to new statistics, Pope Francis is the most talked about person on the Internet. And not only that, he has the most viewed profile on Christian Mingle. – Conan O’Brien • After Memory Keepers Daughter, it took me a few months to shut out the world. I really had to turn off the Internet and sort of cloister myself away from the world again and sink into that psychic space to write again. – Kim Edwards • Am I going to regret leaving Wall Street? No. Will I regret missing the beginning of the Internet? Yes. – Jeff Bezos • America Online customers are upset because the company has decided to allow advertising in its chat rooms. I can see why: you got computer sex, you can download pornography, people are making dates with 10 year-olds. Hey, what’s this? A Pepsi ad? They’re ruining the integrity of the Internet! – Jay Leno • America should be cooling down the tensions in the internet, making it a more trusted environment, making it a more secure environment, making it a more reliable environment, because that’s the foundation of our economy and our future. – Edward Snowden • An attitude of only taking what you need was built into the protocols of the Internet itself.- Danny Hillis • Anyone who attempts to generate random numbers by deterministic means is, of course, living in a state of sin. – John von Neumann • As a graduate student at Oxford in 1963, I began writing about books in revolutionary France, helping to found the discipline of book history. I was in my academic corner writing about Enlightenment ideals when the Internet exploded the world of academic communication in the 1990s. – Robert Darnton • As long as you have markets, you’ll have excesses. People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started. I mean, you know, you’re not going to change the human animal. And the human animal really doesn’t get a lot smarter. – Howard Warren Buffett • As the most participatory form of mass speech yet developed, the Internet deserves the highest protection from government intrusion. – Stewart Dalzell
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  jQuery(document).ready(function($) var data = action: 'polyxgo_products_search', type: 'Product', keywords: 'Internet', orderby: 'rand', order: 'DESC', template: '1', limit: '68', columns: '4', viewall:'Shop All', ; jQuery.post(spyr_params.ajaxurl,data, function(response) var obj = jQuery.parseJSON(response); jQuery('#thelovesof_internet').html(obj); jQuery('#thelovesof_internet img.swiper-lazy:not(.swiper-lazy-loaded)' ).each(function () var img = jQuery(this); img.attr("src",img.data('src')); img.addClass( 'swiper-lazy-loaded' ); img.removeAttr('data-src'); ); ); ); • Because of the control of the media by corporate wealth, the discovery of truth depends on an alternative media, such as small radio stations, networks, programs. Also, alternative newspapers, which exist all over the country. Also, cable TV programs, which are not dependent on commercial advertising. Also, the internet, which can reach millions of people by-passing the conventional media. – Howard Zinn • Because the Internets there, I have access to a lot of the legends, like Fela Kuti. I used to watch a lot of Fela Kuti videos, just to see how he performed. He inspired me a lot, actually, because he was a man of many words, many good words. – King Krule • Before there was an Internet, before there was an AOL, the circulation of newspapers was going down. – Donald E. Graham Before you marry a person, you should first make them use a computer with slow Internet to see who they really are. – Will Ferrell • Being connected to the Internet means being vulnerable to coordinated actions that can knock down walls of secrecy and shatter mechanisms of control. – Jamais Cascio • Beware of addictive medicines. Everything in moderation. This applies particularly to the Internet and your sofa. The physical world is ultimately the source of all inspiration. Which is to say, if all else fails: take a bike ride.- Aaron Koblin • By placing intelligence at the edges rather than control in the middle of the network, the Internet has created a platform for innovation. – Vinton Cerf
[clickbank-storefront-bestselling] • Chinese national Internet policy is very simple: Block and clone. – Michael Anti • Cloud computing offers individuals access to data and applications from nearly any point of access to the Internet, offers businesses a whole new way to cut costs for technical infrastructure, and offers big computer companies a potentially giant market for hardware and services. – Jamais Cascio • Crackdowns on Internet content make clear the need for an anonymized Web. Now, someone just needs to implement it. – Jamais Cascio • Cryptography is the essential building block of independence for organisations on the internet, just like armies are the essential building blocks of states, because otherwise one state just takes over another. – Julian Assange • Cutting through the acronyms and argot that littered the hearing testimony, the Internet may fairly be regarded as a never-ending worldwide conversation. The government may not, through the CDA, interrupt that conversation. – Stewart Dalzell • Cyberspace undeniably reflects some form of geography.- Sandra Day O’Connor • Describing the Internet as the Network of Networks is like calling the Space Shuttle, a thing that flies. – Jon Lester • Don’t ever, ever try to lie to the internet. – Gabe Newell • Dont you think dreams and the Internet are similar? They are both areas where the repressed conscious mind vents.- Yasutaka Tsutsui • During my service in the United States Congress, I took the initiative in creating the Internet. – Al Gore • Email is a 40-year-old technology that is not going away for very good reasons – it’s the cockroach of the Internet. – Jason Hirschhorn • Entire new continent can emerge from the ocean in the time it takes for a Web page to show up on your screen. Contrary to what you may have heard, the Internet does not operate at the speed of light; it operates at the speed of the DMV. – Dave Barry • Eventually, somewhere – be it on the Internet or somewhere else – I will host some version of ‘The Daily Show.’ – Marcus Brigstocke • Falling in love and having a relationship are two different things but yeah I can imagine that you can kind of – I think it depends on one’s psychological state. I think there are some people who are on the internet and can fall in love and seem to be in a certain psychological state and other people who are – who couldn’t quite do that. – Keanu Reeves • Getting information off the Internet is like taking a drink from a fire hydrant. – Mitchell Kapor • Government investment unlocks a huge amount of private sector activity, but the basic research that we put into IT work that led to the Internet and lots of great companies and jobs, the basic work we put into the health care sector, where it’s over $30 billion a year in R&D that led the biotech and pharma jobs. And it creates jobs and it creates new technologies that will be productized. But the government has to prime the pump here. The basic ideas, as in those other industries, start with government investment. – Bill Gates • Guys should not be allowed to use the Internet all day long. So sad.- Natasha Leggero • Human beings are attracted to novelty: to probe the adjacent possible. We didnt stay in the caves. We didnt stay on the planet, and soon we wont stay within the limitations of our biology. We move forward. We transcend our limits. We go to the moon, and we create the Internet. – Jason Silva • I agree completely with my son James when he says ‘Internet is like electricity. The latter lights up everything, while the former lights up knowledge’. – Kerry Packer • I always had faith in the internet. I believed in it and thought it was obviously going to change the way the world worked. I really did not understand why others were selling their stock. As stock prices plunged, I just bought them, one after another, since I had the money. I guess I was rather lucky. – Takafumi Horie • I always try and tell dudes that are younger than me is that because of the Internet everyone can just be by themselves doing something, but the importance of a group is being able to have some sort of competition. – Earl Sweatshirt • I always use the Internet. It’s a great marketing tool. It’s a great starting point, allowing you to show your trailer and have people all over world be able to see it. It was much harder in the old days. – Tom Six • I am possibly thinking about doing an Internet show in the future that will highlight political organizations that I seek out to let people know about them, volunteer opportunities, and donation opportunities. – Kathleen Hanna • I coauthored my first nonfiction book by the time I was 25. I have been involved in nonfiction documentaries, newspapers, TV and internet since that time.- Julian Assange • I do get offered a lot more roles than I choose to do. I’m very busy as a producer and a writer, especially with my Internet stuff, and I tend to only accept the roles that I know will have an impact and has a fanbase. – Felicia Day • I don’t sweat the Internet. You know, it’s still something I enjoy as a movie geek myself to get on and, like, look at all the websites; however, when it comes to marketing a movie, the Internet is still not the thing that gets people to the theatre. – Michael De Luca • I don’t worry about anything in the Internet age. I have been online since I was aware of it: 1985 in San Francisco. It has changed everything in my life. I would not want to even be alive in an era that did not have it because it is essential to our evolution as a species. – Augusten Burroughs • I graduated from high school in 1963. There were no computers, cell phones, Internet, credit cards, cassette tapes or cable TV. – Jeffrey Gitomer • I had had a lot of experience in bringing the Internet to Australia, and I saw that knowledge in the hands of people achieves reform.- Julian Assange • I hate auditioning; it makes me more nervous than anything ever, and I always feel like I wasted my time and I could have been creating my own thing. With the Internet, you have so much freedom that ‘gatekeepers’ make me terrified. – Grace Helbig • I have a very low tolerance for boredom and often think I would have missed out on books entirely if Id grown up in the Internet and video game age. Now I enjoy books for people of all ages, including children. – Rick Yancey • I have always had stuff on the internet, way back in the Myspace days, I had a lot of friends on Myspace. And it is just all about like networking – contacting people and showing people, like, your mind. – Kreayshawn • I have an almost religious zeal… not for technology per se, but for the Internet which is for me, the nervous system of mother Earth, which I see as a living creature, linking up. – Dan Millman • I have no internet savvy whatsoever, but I love researching things. The Internet is my library… beyond that, I’m completely intimidated by it. – Drew Barrymore • I just the other day got, an internet was sent by my staff at 10 o’clock in the morning on Friday and I just got it yesterday. Why? Because it got tangled up with all these things going on the internet commercially… They want to deliver vast amounts of information over the internet. And again, the internet is not something you just dump something on. It’s not a truck. It’s a series of tubes. – Theodore Stevens • I live in a bubble. I don’t read the blogs, or go on the internet, and I really just don’t know what people are saying because, well I guess I’m afraid to. – Ron Perlman • I love the Internet, and I love wasting time on the Internet – even though it sometimes ends up being not being a waste of time. – Claire Cameron • I sometimes wonder how we spent leisure time before satellite television and Internet came along…and then I realise that I have spent more than half of my life in the ‘dark ages’! – Arthur C. Clarke • I think [the virtual choir] speaks well to a benevolent future for the Internet. – Eric Whitacre • I think it’s a bit silly to brand the Internet as the ‘downfall of youth.’- Ernest Cline • I think middle America has changed very, very much. I think people are way more open-minded. I think – I think it’s because the Internet. I think they’re exposed to so much. All the men talked about how much they love their wife, which I don’t hear all the time in art communities.- John Waters • I think that online harassment has become so ubiquitous on the Internet that a lot of women do feel safer, whatever that means, in spaces where they know like people are not going to bother them in that kind of way. – Jessica Valenti • I think that the Internet is our most profound and beautiful achievement. It is magnificent. We have the Internet as a layer of our thinking that doesn’t control us, we control it, yet we don’t have to be aware of it. It will be like a suit that really fits well. – Augusten Burroughs • I think there is a possible future where maybe we do just take a hard turn away from the Internet and we do start valuing our privacy again. – Brian K. Vaughan • I think with every successful consumer Internet business, there will be lawyers that are interested in going after your company, especially when they think that there’s a financial incentive. – Jeremy Stoppelman • I use the Internet for what it’s for: to learn. – Danny Brown • I want to preserve the free and open Internet – the experience that most users and entrepreneurs have come to expect and enjoy today and that has unleashed impressive innovation, job creation, and investment. – Julius Genachowski • I wanted to highlight the destruction in Gaza by posting photos on my website – but on the internet, people only look at pictures of kittens. – Banksy • I wanted to reexamine the idea of the album for generations of people who are not my age, who love music or learning about music or are finding this band called R.E.M. or have just previously heard “Losing My Religion” and “Everybody Hurts” as their elevator music. I wanted to present an idea of what an album could be in the age of YouTube and the Internet. – Christopher Bollen • I was inspired by the Hole in the Wall project, where a computer with an internet connection was put in a Delhi slum. When the slum was revisited after a month, the children of that slum had learned how to use the worldwide web. – Sugata Mitra • I wont deny that I have a far more productive writing life without the Internet, mostly because I rekindle my ability to concentrate on one thing for a period of longer than three minutes. My curiosity is channeled inward rather than Internet-ward. – Heidi Julavits • I worry about my child and the Internet all the time, even though she’s too young to have logged on yet. Here’s what I worry about. I worry that 10 or 15 years from now, she will come to me and say ‘Daddy, where were you when they took freedom of the press away from the Internet?’ – Mike Godwin • I’d like to know what the Internet is going to look like in 2050. Thinking about it makes me wish I were eight years old. – Vinton Cerf • If I do need to make money suddenly, I prefer to just draw something I want to draw and have someone else sell it for me on the Internet. – Chester Brown • If some unemployed punk in New Jersey, can get a cassette to make love to Elle McPherson for $19.95, this virtual reality stuff is going to make crack look like Sanka. – Dennis Miller • If the Internet can be described as a giant human consciousness, then viral marketing is the illusion of free will. – George Pendle • If the Internet is worth its salt, it has to help arrest the forces that promote inequality, monopoly, hypercommercialism, corruption, depoliticization and stagnation. – Robert Waterman McChesney • If the Internet turns out not to be the future of computing, we’re toast. But if it is, we’re golden. – Larry Ellison • If you and I got on an airplane, you’re going to L.A., Los Angeles, and I’m going to Senegal, we get there about the same time. The world is just that small. So a world that is so tightly bound by science and technology and now Internet and the web page, that world is too small for bullies. It has no room in that world for arrogance. – Jesse Jackson • If you have a kid and you try irony out on them, they don’t get it at 7, 8 years old. You can’t really hide the Internet from kids. It worries me some particularly because I’ve done Disney and Pixar stuff. – Randy Newman • If you hear an expert talking about the Internet and saying it [does] this, or it will do that, you should treat it with the same skepticism that you might treat the comments of an economist about the economy or a weatherman about the weather.- Danny Hillis • If you look at the evolution of games from console to Internet to mobile, and look at social networking from Web to mobile, everything is fragmenting. – Chris DeWolfe • If you offer people a decent service, if you give them you know Internet access, if their phones are not cut off on the trains, you know if you have plugs where they can plug in their computers, and if you have a smiling, cheerful staff; and if you can travel really quickly, then you can make a success out of the rail business. – Richard Branson • I’m a great believer in particularly being alert to changes that change something, anything, by an order of magnitude, and nothing operates with the factors of 10 as profoundly as the Internet. – Andy Grove • Im accustomed to Internet forums where rudeness and incivility are the rule, where too many people seem to take pride in their insults. – Bryan Burrough • I’m lucky enough to have been in the age before the internet and now during the internet. I’m grateful to be a witness to that. It’s horse and buggy versus car. To see how quickly things change has given me a renewed sense of optimism. Does that make sense? – Kathleen Hanna Impact, Roles, Stuff • In a way, the whole music industry is just catering to the inherent esteem issues all these artists have – it lays it all out on the line and baits the artist, like a light baits a mosquito. And you go right into it. With every comment on the internet, you go up, you go down, and it’s a big shitshow full of uneducated people. – Willis Earl Beal • In much the same way, motherhood has become the essential female experience, valued above all others: giving life is where it’s at. Give birth in cities where accommodation is precarious, schools have surrendered the fight and children are subject to the most vicious mental assault through advertising, TV, internet, fizzy drink manufacturers and so on. Without children you will never be fulfilled as a woman, but bringing up kids in decent conditions is almost impossible. – Virginie Despentes • In order for us [people] to progress, we need brilliance and brilliance isn’t fair and it’s not polite and we can’t grow it. It happens. Genius happens and it doesn’t always happen in a zip code where we can access it. Therefore, we kind of need [Internet] not to keep tabs on everybody but we need to give them access to everybody else. – Augusten Burroughs • In production, in the first couple of weeks of production, that it was more like making an internet musical. – Joss Whedon • In the Internet age, with the screaming on the radio, etc., it is hard to know what to believe and who is informed and who is not. – Michael Specter • In this business, by the time you realize you’re in trouble, it’s too late to save yourself. Unless you’re running scared all the time, you’re gone. – Bill Gates Information, Pickles, Turns • Innovation is what America does best. Whether it is the Apollo Project to the moon, developing the most advanced defense technologies available, the rise of the Internet or the latest advancements in biomedical gene therapies, our nation leads the world in transformative innovations. – Martin Heinrich • Internet technology, like anything else that mankind creates is a tool and that tool can be used for good or for evil, like a light saber. Technology is supposed to bring people together, streamline things and make life easier and in a lot of ways it does that. However, technology can also disconnect you from other people and break down the social network, the real social network of family and friends and interpersonal communication, and isolate people, make them feel alone, make them feel small. So it’s a tool that needs to be used correctly. – Rainn Wilson • Internet users, that blue screen of death you were looking at this morning? That’s the sky. If you’re still confused, look it up on Wikipedia tomorrow. – Stephen Colbert • It all stems from the same thing – which is that when we are face to face – and this is what I think is so ironic about Facebook being called Facebook, because we are not face to face on Facebook … when we are face to face, we are inhibited by the presence of the other. We are inhibited from aggression by the presence of another face, another person. We’re aware that we’re with a human being. On the Internet, we are disinhibited from taking into full account that we are in the presence of another human being. – Sherry Turkle • It is possible to think that the Internet will be a net positive for society while admitting that there are significant downsides – after all, it’s not a revolution if nobody loses. – Clay Shirky • It shouldn’t be too much of a surprise that the Internet has evolved into a force strong enough to reflect the greatest hopes and fears of those who use it. After all, it was designed to withstand nuclear war, not just the puny huffs and puffs of politicians and religious fanatics. – Denise Caruso • Its flattering that there are lots of Internet fan sites about me. Im a bit of a technophobe and I dont even own a laptop, but its probably a good thing Im not logged on, checking up on what everyone is saying about me. – Jonas Armstrong • It’s important for us to explain to our nation that life is important. It’s not only life of babies, but it’s life of children living in, you know, the dark dungeons of the Internet. – George W. Bush • It’s like they say in the Internet world — if you’re doing the same thing today you were doing six months ago, you’re doing the wrong thing. Parents can learn a lot from that. – Bruce Feiler • It’s very advantageous to be sensitive with your work – and, yet, being sensitive, in reality, when criticized, it can annihilate you. It can destroy you. And with the internet there sometimes is a lot of harm, which I find must be very difficult for youngsters coming on – it can be very harsh; the criticism. And, sometimes, it can be a little cruel – which makes it hard for young performers coming on. – Michael Crawford • I’ve learned a lot about things because of the Internet. I’m happy with it, but it’s a long road for me. I’m still definitely a little anti. – Patrick Stump • John Kerry is finding out that it is no fun to be the front runner, that’s when you get all the heat. He had to deny internet rumors this week that he had Botox treatments. The Republicans say Kerry should have a clear, unfurrowed brow the old fashioned way by not giving a sh–. – Bill Maher • Just as the Internet drops transaction and collaboration costs in business and government, it also drops the cost of dissent, of rebellion, and even insurrection. – Don Tapscott • Just as the strength of the Internet is chaos, so the strength of our liberty depends upon the chaos and cacophony of the unfettered speech the First Amendment protects. – Stewart Dalzell • Just as we could have rode into the sunset, along came the Internet, and it tripled the significance of the PC. – Andy Grove • Magazines that depend on photography, and design, and long reads, and quality stuff, are going to do just fine despite the Internet and cable news. – Jann Wenner • Most Internet business theorists are really looking at preserving the necks of giant, Fortune 500 companies, rather than promoting the digital, peer-to-peer economy that actually wants to happen. – Douglas Rushkoff • Most kids come home from school. They don’t go to their TVs first. They go to the Internet. They check their emails, or some blogs, or some sites. Then they go watch TV. Other people are at work all day 9-5 in front of a computer. They see certain clips. We’re not going to hide the fact that people use the Internet. We’re going to try to be as interactive as possible with our fans. I’m currently on Twitter and Facebook and Flicker and Dig. I’m on all that stuff. – Jimmy Fallon • My favorite thing about the Internet is that you get to go into the private world of real creeps without having to smell them.- Penn Jillette • My wife and I have purchased two hybrids. We bought a 3 kw photovoltaic unit. We recycle and offset our carbon emissions on the Internet. We turn things off. But we also spend two nice salaries every year, and here’s the dirty little secret – our environmental footprint is HUGE, I’m sure. We’ve all got to do what we can in our individual lives, but we’ve also got to drive the systemic changes that will make the big differences. – James Gustave Speth • Net Neutrality’ is Obamacare for the Internet; the Internet should not operate at the speed of government. – Ted Cruz • Net neutrality was essential for our economy; it was essential to preserve freedom and openness, both for economic reasons and free speech reasons, and the government had a role in ensuring that Internet freedom was protected.- Julius Genachowski • Newspapers and magazines didn’t want pictures of musicians behaving badly back then. Now, because of the Internet, that’s all the media wants. – Mick Rock • Nowadays we have so many things that take our attention – phones, Internet – and perhaps we need to disconnect from those and focus on the immediate world around us and the people that are actually present. – Nicholas Hoult • Nowadays, anyone who cannot speak English and is incapable of using the Internet is regarded as backward. – Al-Waleed bin Talal • On Chinese Internet, freedom is a targeted and precise window. – Michael Anti • On the Internet you get continuous innovation, so every year the streams are a little better. – Reed Hastings • On the Internet, everyone is writing. There is a great flowering of writing.- James Salter • On the Internet, there are an unlimited number of competitors. Anybody with a Flip camera is your competition. What makes it even worse is that YouTube is willing to subsidize the cost of your bandwidth. So anybody can create and distribute for free basically, but the real cost is marketing. And that’s always the big cost – how do you stand out and what’s the cost of standing out? And there’s no limit to that cost. – Mark Cuban • One of the Internet’s strengths is its ability to help consumers find the right needle in a digital haystack of data. – Jared Sandberg • One of the myths about the Internet of Things is that companies have all the data they need, but their real challenge is making sense of it. In reality, the cost of collecting some kinds of data remains too high, the quality of the data isn’t always good enough, and it remains difficult to integrate multiple data sources. – Chris Murphy • One of the things I like about making stuff in the age of the Internet, is that people make stuff in response to it. You can see people respond to your work visually or musically or with writing.- John Green • One of the things that I realized when I left office was that in the 1990’s citizens across the world applied more power than they had ever had, as compared with the government, because of more people living under democracies than dictatorships for the first time, the power of the internet, which the young Chinese used to basically change China’s policy on the SARS epidemic, and shut it down, and because of the rise in non-governmental organizations like my foundation. – William J. Clinton • One of the wonderful things about Internet is its like a salon. It brings people together from different intellectual walks of life. – Eric Kandel • People are mostly focused on defending the computers on the Internet, and there’s been surprisingly little attention to defending the Internet itself as a communications medium. And I think we probably do need to pay some more attention to that, because it’s actually kind of fragile.- Danny Hillis • People depend on the Open Internet to connect and communicate with each other freely. Voters need it to inform themselves before casting ballots. Without prompt corrective action by the Commission to reclassify broadband, this awful ruling will serve as a sorry memorial to the corporate abrogation of free speech. – Michael Copps • People over the age of thirty were born before the digital revolution really started. We’ve learned to use digital technology-laptops, cameras, personal digital assistants, the Internet-as adults, and it has been something like learning a foreign language. Most of us are okay, and some are even expert. We do e-mails and PowerPoint, surf the Internet, and feel we’re at the cutting edge. But compared to most people under thirty and certainly under twenty, we are fumbling amateurs. People of that age were born after the digital revolution began. They learned to speak digital as a mother tongue. – Ken Robinson • People wouldn’t go on Facebook unless they wanted to share with groups of people. But there is this perception that you have been on a course to push people’s information where it’s visible across the Internet unless they do a bunch of stuff. – Walt Mossberg • Privacy is not an option, and it shouldn’t be the price we accept for just getting on the Internet. – Gary Kovacs • Reddit is not a public utility or a public square; its a privately owned space on the Internet. – John Scalzi • Science fiction does not remain fiction for long. And certainly not on the Internet. – Vinton Cerf • Social media and the Internet haven’t changed our capacity for social interaction any more than the Internet has changed our ability to be in love or our basic propensity to violence, because those are such fundamental human attributes. – Nicholas A. Christakis • Some jerk infected the Internet with an outright lie. It shows how easy it is to do and how credulous people are. – Kurt Vonnegut • Thanks is part to our education system, we tend to think that we’re smarter than the stupid guys in funny wigs who came before us. But that’s because we are mistaking technology, progress, and access to information for intelligence. We think that because we know how to use iPhones (but not build them), browse the Internet (but not understand how it works), and use Google (but not really know anything), our educational system is working just great. By the same token, we think that those dumb aristocrats who used horses to get around and didn’t have electricity were neanderthals. – Glenn Beck • That is, we’re into a whole new world with the Internet, and whenever we sort of cross another plateau in our development, there are those who seek to take advantage of it. So this is a replay of things that have happened throughout our history. – William J. Clinton • The American revolutionaries believed in the power of the word. But they had only word of mouth and the printing press. We have the Internet. – Robert Darnton • The artistic desire reveals itself in dark form – in karaoke bars [or] trolling on the Internet. – Young-Ha Kim • The big change, the really radical change in communication, was in the late 19th century. The shift from sailing ships to telegraph is astronomical. Everything since then has been small increments, including the internet. – Noam Chomsky • The big downside to the global village that the Internet has created is that nothing has time to grow out of the public gaze and, even more dangerous, whatever your personal interests might be, there will always be someone somewhere to provide validation and encouragement. – Derek Ridgers • The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into building the Internet infrastructure. The hundreds of billions of dollars that got invested in telecommunications, for example. – Andy Grove • The constant buzz and pressure and noise and static of the Internet, and the way it makes young people feel makes it difficult to grow up and develop the way one might want to. – Ethan Hawke • The day I made that statement, about the inventing the internet, I was tired because I’d been up all night inventing the Camcorder. – Al Gore • The Internet “browser”… is the piece of software that puts a message on your computer screen informing you that the Internet is currently busy and you should try again later. – Dave Barry • The Internet has been the most fundamental change during my lifetime and for hundreds of years. Someone the other day said, “It’s the biggest thing since Gutenberg,” and then someone else said “No, it’s the biggest thing since the invention of writing.”- Rupert Murdoch • The Internet has been the most fundamental change during my lifetime and for hundreds of years. – Rupert Murdoch • The Internet has really democratized ideas. There are no real gatekeepers any more, because if you have a great idea, and you put it online, people will find it and it will get in front of who it needs to get in front of. – Justin Halpern • The Internet is a giant international network of intelligent, informed computer enthusiasts, by which I mean, “people without lives.” We don’t care. We have each other. – Dave Barry • The Internet is a giant international network of intelligent, informed computer enthusiasts, by which I mean, “people without lives.” We don’t care. We have each other…. While you are destroying your mind watching the worthless, brain-rotting drivel on TV, we on the Internet are exchanging, freely and openly, the most settings, uninhibited, intimate and, yes, shocking details about our “CONFIG.SYS.” – Dave Barry • The Internet is a telephone system that’s gotten uppity. – Clifford Stoll • The Internet is a very intimate entertainment experience. I’m in my own apartment talking to people, and I want them to feel like they’re with me in my apartment. So if I’m listening to them and taking ideas from them and being honest with how I’m feeling, it resonates even more that we’re having a real, actual conversation. – Grace Helbig • The Internet is all about accessing entertainment. Realistically, 50 to 80 percent of all traffic is people downloading stuff for free. If you can turn that huge market share into something that you can monetize, even if it is just with ads, you will end up making more money than with all other revenue streams combined. – Kim Dotcom • The internet is an amazing medium for languages. – David Crystal • The Internet is becoming the town square for the global village of tomorrow. – Bill Gates • The Internet is disrupting every media industry…people can complain about that, but complaining is not a strategy. And Amazon is not happening to book selling, the future is happening to book selling. – Jeff Bezos • The Internet is just a world passing around notes in a classroom. – Jon Stewart • The Internet is like a gold-rush; the only people making money are those who sell the pans. – Will Hobbs • The Internet is like alcohol in some sense. It accentuates what you would do anyway. If you want to be a loner, you can be more alone. If you want to connect, it makes it easier to connect. – Esther Dyson • The Internet is merely a new means of communication, that’s all it is. It serves the purpose of getting information, which it is fantastic at. I mean, I live by the Internet in terms of research and it’s incredible – there’s nothing that you can’t find out about. It’s not stopped me going to bookshops but I must say that I don’t go into as many because any book I want. – David Bowie • The internet is necessarily public. It can be filtered-public or censored-public, but it necessarily has to be open and available. – John Green • The Internet is the first thing that humanity has built that humanity doesn’t understand, the largest experiment in anarchy that we have ever had. – Eric Schmidt • The Internet is the great equalizer.The technology which emanated from the Silicon Valley of California has more potential to ameliorate social inequality than any development in the history of the world, including the industrial revolution. – Benazir Bhutto • The Internet is the greatest thing that ever happened to the entertainment industry. – Michael Ovitz • The Internet is the most important single development in the history of human communication since the invention of call waiting. – Dave Barry • The internet makes everything not enough. – Alec Sulkin • The Internet nowadays is all sensationalism, and it’s just terrifying when you’re actually experiencing it as a person.- Bradford Cox • The Internet seems like a safe house for the opposite mentality, for cynics and for jerks and for people who want to lash out. And it’s a valid thing. It’s a valid forum and I’m not going say that they aren’t valid feelings. But it’s sad. Considering the potential that something like the Internet, that connects so many people, has for good. I think it’s sad that it’s used so often for nothing but unfounded, overzealous negativity. – Chris Gethard • The Internet shapes my life and work so completely that I couldn’t imagine living without it. – Nicola Formichetti • The Internet was done so well that most people think of it as a natural resource like the Pacific Ocean, rather than something that was man-made. When was the last time a technology with a scale like that was so error-free? The Web, in comparison, is a joke. The Web was done by amateurs. – Alan Kay • The Internet will help achieve “friction free capitalism” by putting buyer and seller in direct contact and providing more information to both about each other. – Bill Gates • The Internet, I’m trying to point out, is a kooks’ paradise. Anybody with a keyboard and a modem can spread fear, loathing, and just plain asinine ideas among hundreds of thousands of people with the click of a button. Discouraging, but true. – David F. Emery • The Internet, of course, is more than a place to find pictures of people having sex with dogs. – Philip Elmer-DeWitt • The Internet, too, has strong attributes of a public good, and has undermined the “private good” attributes of old media. Internet service providers obviously can exclude people, but the actual content -the values, the ideas- can be shared with no loss of value for the consumer. It is also extremely inexpensive and easy to share material. Sharing is built into the culture and practices of the Web and has made it difficult for the subscription model to be effective. – Robert Waterman McChesney • The Internet]is a series of tubes. And if you don’t understand, those tubes can be filled and if they are filled, when you put your message in, it gets in line and it’s going to be delayed by anyone that puts into that tube enormous amounts of material, enormous amounts of material.- Theodore Stevens • The Internets distinct configuration may have made cyberattacks easy to launch, but it has also kindled the flame of freedom. – Jonathan Zittrain • The internet’s perfect for all manner of things, but productive discussion ain’t one of them. It provides scant room for debate and infinite opportunities for fruitless point-scoring: the heady combination of perceived anonymity, gestated responses, random heckling and a notional “live audience” quickly conspire to create a “perfect storm” of perpetual bickering. – Charlie Brooker • The key is really just saying my brain isn’t big enough to figure out why everything happens. It would be like an ant trying to understand the internet. – Rick Warren • The kind of environment that we developed Google in, the reason that we were able to develop a search engine, is the web was so open. Once you get too many rules, that will stifle innovation. – Sergey Brin • The most important thing for people to understand is that the basic rule that people have a right to send information over the Internet – even when they are using a wireless device – is part of the framework. – Julius Genachowski • The new information technology… Internet and e-mail… have practically eliminated the physical costs of communications. – Peter Drucker • The old internet is shrinking and being replaced by walled gardens over which Google’s crawlers can’t climb. – John Battelle • The penetration of society by the Internet and the penetration of the Internet by society is the best thing that has ever happened to global human civilisation. – Julian Assange • The remarkable social impact and economic success of the Internet is in many ways directly attributable to the architectural characteristics that were part of its design. The Internet was designed with no gatekeepers over new content or services. – Vinton Cerf • The screen is a window through which one sees a virtual world. The challenge is to make that world look real, act real, sound real, feel real. – Ivan Sutherland • The Semantic Web is not a separate Web but an extension of the current one, in which information is given well-defined meaning, better enabling computers and people to work in cooperation.- Tim Berners-Lee • The serialization through the Internet or through digital portals, means of ways of communicating, and I think that’s great. – Keanu Reeves • The web site and the Internet are a whole new ball game. – Johnny Ramistella • The whole, ‘Is the internet a good thing or a bad thing’? We’re done with that. It’s just a thing. How to maximise its civic value, its public good – that’s the really big challenge. – Clay Shirky • The worst and the best that the internet ever did was give everybody a voice. – Simon Pegg • There are two things in particular that it [the computer industry] failed to foresee: one was the coming of the Internet(…); the other was the fact that the century would end. – Douglas Adams • There is a very personal price to public humiliation, and the growth of the Internet has jacked up that price. – Monica Lewinsky • There was more data transmitted over the Internet in 2010 than the entire history of the Internet through 2009. – Ben Parr • There’s no real organised body, … so through the internet people have spread their videos, spread photos, and spread word of a new urban movement. – Chris Hayes • Think about this: It was illegal for most people to connect to the internet before 1992.- Steve Case • Thousands of people were producing new Web sites every day. We were just trying to take all that stuff and organize it to make it useful. – David Filo • To get a big company moving fast, especially on a many-headed opportunity like the Internet, you have to have hundreds of people participating and coming up with ideas. – Bill Gates • To seek Truth is automatically a calling for the innate dissident and the subversive; how many are willing to give up safety and security for the perilous life of the spiritual revolutionary? How many are willing to truly learn that their own cherished concepts are wrong? Striking provocative or mysterious poses in the safety of Internet [social media] is far easier than taking the risks involved in the hard work of genuine initiation. – Zeena Schreck • Today with technological advancement, with the Internet, with planes, with the rate at which we travel – even if you wanted, you cannot hide from the rest of the world. And whether you like it or not, you are part of this global marketplace, and so you might as well understand it, you might as well embrace it, because even if you hide, it will find you. – • Together with the rise of the internet, September 11 and its aftermath has changed most of our lives. – Hedi Slimane • Trade on the Internet is becoming very widespread. The problem is our laws have not caught up with electronic commerce. – Susan Bysiewicz • Turns out, theres not a lot of information about pickles on the Internet. – Brian Posehn • US has to be able to rely on a safe and interconnected internet in order to compete with other countries. – Edward Snowden • US spend more on research and development than the other countries, so we shouldn’t be making the internet a more hostile, a more aggressive territory. – Edward Snowden • Use the Internet to get off the Internet! – Scott Heiferman • Video for the Internet has become a testing ground for mediums that actually have revenue. – Mark Cuban • We are excited about Internet access in general. With better access to the Internet, people do more searches. – Larry Page • We believe we’re moving out of the Ice Age, the Iron Age, the Industrial Age, the Information Age, to the participation age. You get on the Net and you do stuff. You IM (instant message), you blog, you take pictures, you publish, you podcast, you transact, you distance learn, you telemedicine. You are participating on the Internet, not just viewing stuff. We build the infrastructure that goes in the data center that facilitates the participation age. We build that big friggin’ Webtone switch. It has security, directory, identity, privacy, storage, compute, the whole Web services stack. – Scott McNealy • We didn’t know the importance of home computers before the Internet. We had them mostly for fun, then the Internet came along and was enabled by all the PCs out there. – Burt Rutan • We have a strong and credible broadband policy because the man who has devised it, the man who will implement it virtually invented the Internet in this country. – Tony Abbott • We must also promote global access to the Internet. We need to bridge the digital divide not just within our country. But among countries. Only by giving people around the world access to this technology can they tap into the potential. Of the information age. – Al Gore • We’re into tech stuff, gadgets, phones, video games. We’ll treat a video game premiere like a movie premiere. I’m just going to be honest with what I like and what I do. What I enjoy. We’re not going to hide the fact that people are on the Internet all day. I think a lot of shows don’t really mention that. – Jimmy Fallon • What we need is a plan B … independent of the Internet. [It] doesn’t necessarily have to have the performance of the Internet, but the police department has to be able to call up the fire department. – Danny Hillis • What, exactly, is the internet? Basically it is a global network exchanging digitized data in such a way that any computer, anywhere, that is equipped with a device called a ‘modem’, can make a noise like a duck choking on a kazoo – Dave Barry • When Bill Clinton assembled the top minds of the nation to discuss the economy in 1992, no one mentioned the Internet. – David Leonhardt • When people conceptualize a cyber-attack, they do tend to think about parts of the critical infrastructure like power plants, water supplies, and similar sort of heavy infrastructure, critical infrastructure areas. And they could be hit, as long as they’re network connected, as long as they have some kind of systems that interact with them that could be manipulated from internet connection. – Edward Snowden • When the Internet first came into public use, it was hailed as a liberation from conformity, a floating world ruled by passion, creativity, innovation and freedom of information. When it was hijacked first by advertising and then by commerce, it seemed like it had been fully co-opted and brought into line with human greed and ambition. – Neil Strauss • When you find yourself on the Internet when you’re supposed to be writing, you’ve already lost. It’s even beyond procrastination when you end up on the Internet. – Noah Baumbach • When you get a small group of fans who hate something, it becomes compounded by the internet. The press picks up the internet like it’s a source. They don’t realise it is just one person typing out their opinion. – George Lucas • When you make the claim that something on the Internet is going to be good for democracy, you often [hear], ‘Are you talking about the thing with the singing cats?’ – Clay Shirky • When you use any kind of internet based capability, any kind of electronic capability, to cause damage to a private entity or a foreign nation or a foreign actor, these are potential acts of war. – Edward Snowden • Who needs evidence when you’ve got the Internet? – Christopher Buckley • Will the highways on the Internet become more few? – George W. Bush • With the development of the Internet…we are in the middle of the most transforming technological event since the capture of fire. I used to think that it was just the biggest thing since Gutenberg, but now I think you have to go back farther. – John Perry Barlow • With YouTube – with the Internet in general – you have information overload. The people who dont necessarily get credit are the curators. – Chad Hurley • You can always find a stray negative comment on the Internet. It’s like everybody loves to put negative comments on the Internet under the cloak of anonymity. – John Legend • You can go back to tulip bulbs in Holland 400 years ago. The human beings going through combinations of fear and greed and all of that sort of thing, their behavior can lead to bubbles. And it may have had and Internet bubble at one time, you’ve had a farm bubble, farmland bubble in the Midwest which resulted in all kinds of tragedy in the early ’80s. – Howard Warren Buffett • You could have these crazy Internet valuations in the late 1990s, but they prove themselves out in the market. The next day they were selling for more than they were the day before, and people said, you know, you’re crazy if you don’t get in on this. So it’s very human. – Howard Warren Buffett • You have to be very clear with yourself about how you’re going to spend your time. When a child is at school or napping, you need to realize that this is your writing time and you don’t spend it surfing the Internet or reading. – Elizabeth Hoyt • You spend money on Internet connection for your employees. Why not spend money on the energy that fuels their brains? – Shawn Achor • Younger feminists actually care about stuff that came before them, the same way that I totally cared about and loved and felt so lucky to have access to the feminism that came before me. To have younger people take what me and my friends have done, and to say ‘We have access to that, but we’re going to put that through our own Internet generation filter and we’re going to make it into something that speaks to us and is a lot smarter.’ – Kathleen Hanna
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sergioavwq399-blog · 5 years
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A Look Into the Future: What Will the Linux Hosting with cPanel Industry Look Like in 10 Years?
Functions of our Linux Hosting
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FUTURE AND OPPORTUNITIES IN DIGITAL MARKETING
GEAR UP YOUR CAREER IN DIGITAL MARKETING
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Today we all spend our so much time on internet on average 4 hours a day. Economies like India America China are today  focused on internet businesses because every business wants its presence on this digital platform. while  till 2020 world business are strongly mark their presence on internet and every organization wants its marketing and promotion through this effective digital way.
That’s why digital marketing enlarging with that lighting speed of 10 times faster than tradition marketing because only those companies holds a stronger position in market which have solid digital presence in their industry.
This creates a abounded job opportunities and skills which are never present even before. The main reason behind it ,Digital marketing is very specific and targeted without and geographical boundaries.
Digital marketing is cost effective as compare to traditional form of marketing so every company can easily convey there products and services in most effective and efficient way through digital marketing.
Digital marketing always changing and demanding so if you are creative think out of the box and love to work with new people digital marketing is a best career option for you.
JOB PROFILE AND DESIGNATION IN DIGITAL MARKETING
As the number of job opportunities provided by digital marketing were you can earn handsomely while this is always a interesting and creative way of earning where you love what you work
Every job profile in digital marketing have some specific job role which help in developing strategies and skill which required for  optimizing uses of resources. Lets look at some of the most high demanding job profiles in digital marketing in a glance.
1.DIGITAL MARKETING EXECUTIVE. Digital marketing executive is a key position which is responsible for delivering the online marketing  strategies .As it is actively involved in SEO efforts. Launching marketing campaign its planning and execution. Organization website content is also closely monitored by digital marketing executive.
2.DIGITAL MARKETING MANAGER. Digital marketing manager is most important and crucial for digital marketing because under this post you are responsible for overall  digital marketing campaign. This role is very important because it is closely related with organizational revenue As a digital marketing manager you should always keep eyes on your competitor and look at the ways to surpass them.
A Digital marketing manager always explore new channels and test your ideas. A effective and efficient team is responsibly of a digital marketing manager so you should manage digital marketing team and train them accordingly.
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3.SOCIAL MEDIA MARKETING MANAGER A social media marketing manager is the most exciting job  profile in digital marketing. Social media manager is answerable for combining social media management with marketing in order to enhance the organization’s presence on social media channels through interactions with target audience, posting engaging content for promoting the brand’s and expanding the opportunities for increasing revenue.
A basic requirement for this post is you should knowledge about every social media platforms and fine understanding of how to optimize content to make it engaging on social media channels.
4.SEARCH ENGINE OPTIMIZER –SEO EXECUTIVE
SEO executive is responsible for rank a website page on search engine result page and try to increase the website’s traffic .SEO  executive jobs are always in demand because every organization wants to rank in search engine results. That’s why SEO sector is booming day by day.
If you have a degree in digital marketing then you have a plus point because you most poses relevant experience and good level of technical skills for this job profile.
As a SEO executive you should always keep attention towards  Google’s algorithm and conduct on-site and off-site analysis, research on keywords.
5. CONTENT MARKETER
Content marketer is writing the content for web pages of their organization. Content marketer is the core of any digital marketing campaign because he is responsible for creating managing content.
As we can say that content is the king because effective content is very important for SEO, Marketing ads, slogan taglines for Brand promotions.
It is important for every aspect of entire digital marketing process.
6.EMAIL MARKETING SPECIALIST
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The digital marketing is very specific and target oriented so there is one of the most interesting job profile email marketing specialist. who is responsible for delivering the marketing content directly in the inbox of the potential customers.
The major task of email marketing specialist was to create and manage the email database and to address the customer in most targeted way through emails.
BE YOUR OWN BOSS WITH DIGITAL MARKETING
Digital marketing is one of the most effective way which gives you an opportunity to be your own boss.
You really not need any huge investment to get started in digital marketing. You don’t have billion dollars to start a company .Its really very simple onto digital platform to get started and you can earn much larger income .This is the power of digital marketing.
Instead of working for someone else make them richer why not work for yourself and be your own boss.
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NOW YOU WANT TO DO THIS……………….RIGHT?
Digital Marketing helps you be your own boss in your own comfortable space and your own time. The value of digital marketing is more because Digital Marketing help in  generating more business. If you have a  business the knowledge of digital marketing can help you grow your business in a short span of time.
Lets look at some mind blowing ways of earning without a tension of job office boss anything.
If you hate going to an office and listen to a boss then you can freelance in the field of digital marketing. There are number of website which provides freelance jobs such as Upwork  ,fiverr and many more.
Some other alternatives .
          Affiliate marketing
          Blogging
          vlogging
          Drop shipping
You just have to  enrolled yourself in  digital marketing course get and  that’s when the magic happens
IMPORTANCE OF DIGITAL MARKETING
Today’s world is the digital world and almost  57% of world population  has internet access .this is  the time when every company fight for having a stronger digital presence over their competitors
 So for you digital marketing is a very important subject to learn about.Digital marketing is becoming the necessity for almost every organization day by day because digital marketing gives them an opportunity to promote their brands and services without any geographical limitation .
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By digital marketing you can segmented and focus on demographic factors which ultimate results in.     
  Better Return on investment      
 Higher conversion rates      
  Increase trust in your brand       
 Potential to earn higher revenue
The future of digital marketing seems very bright. However, while brands were earlier competing with  tradition marketing strategy now the focus has shifted to a fight against the entire internet. Which results in great scope and opportunity for you in the field of digital marketing.         
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melvinxl88-blog · 5 years
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A Look Into the Future: What Will the fastest email service in India Industry Look Like in 10 Years?
Currently, popular organisations offer specialist services to their clients. There are numerous outsourcing companies that is the reason that choosing the appropriate service provider is so hard. These company email companies are notoriously called the companies backed with proficient manpower and remarkable tech resources, which altogether smartly get the job done for attaining optimum satisfaction of their customers.
youtube
Reputed firms always have a fantastic history in providing exact services. Financial services consisting of on-line purchases, insurance and internet classifieds like matrimonial and tasks are also very likely to expand in future.
If you are looking for such totally totally free services online after that the solution is of course. It does not matter whether site visitors go on a trip in a group or individually, using a mobile they are able to quickly schedule through the internet booking system visiting the traveling websites.
When compared to other nations, the cost of labor in India is lower. It has a huge populace and it is a growing economy which is showing big prospects for the brand-new organisations. For them, it is one of the most favored locations for overseas advancement.
Email is regarded as one of the most important advancements in workforce performance over the previous 30 years, today it has come to be amongst the best organisational worries, he stated. Today, companies selecting the choice of hiring certified email carriers are witnessing outstanding benefits with regard to higher track record in the market, greater number of real customers and greater degree success. A business can grow and grow given you make the suitable effect on the clients' minds.
Assistance will usually be with the reseller as a means to maintain the pretense the reseller is an internet service firm by himself, right. There are way a lot of sites dedicated to the service of locating email addresses. Anyhow, this kind of hosting service also goes along with a workable database, which enables you to make customer accounts which can be conveniently accessed by diverse individuals.
You require to do is simply situate an ideal ranked web hosting. In case the individual that you are looking for has an individual homepage, it is mosting likely to show up in the search outcomes.
You have the ability to send your ad along with the TEXT. Transactional SMS Our Transactional SMS service will certainly make it feasible for you to provide vital details to your consumers quickly. One of the largest free email solutions on the web, is now Hotmail.
It uses the Universal Login idea, to supply you access to all of your mails. If you have a Hotmail account, you can perform that type of search. However, you can attempt a smart phone number search on Google anyhow.
You can always uncover some entirely free resources online and also discover out some more techniques of performing company. When it's released, consistent interaction with the clients is needed to make sure the item or service strikes the mark. The internet lets us send documents, requests and also details to associates, clients and clients worldwide.
Coming to be in a position to design custom made reports is a great touch. The business is now introducing the beta version, though a premium version will be offered from the really first quarter of next calendar year.
Some individuals, nevertheless, still utilize fake names as well as data, making it increasingly more difficult to track the actual individual down. Probabilities are they have actually utilized their correct names and information if an individual you're looking for has actually been using the web for rather some time currently. Within this second scenario, you might need to send out email messages to a couple special individuals and wait to discover if one of them is the individual that you really need to attain.
You have the ability to also enter your own feature requests in the event you wish to produce any kind of changes. To locate a person's cell phone number at no charge, Google internet search engine is your ideal alternative. Reverse email lookup might require time to look for email address owner and also the user does not need to be linked to the system.
An extensive on the internet research study http://iamarrows.com/z5fvkck675/post-tips-for-making-114613.html will allow you to have far better expertise concerning the technique. Currently a day's email advertising and marketing is quite essential to accomplish your target market. Rich cultural heritage of India has actually ever before been a warm subject of conversation amongst historians, academicians as well as authors around the world.
Email is made use of to inform customers and customers regarding the most recent item launches, brand-new promotion deals, and also essential small business news. Email advertising has become one of the most reputable, yet powerful way of cyber marketing. Email marketing is sent out to a customer.
Now, renowned services offer specialised solutions to their consumers. There are numerous outsourcing firms that is the factor that picking the correct service company is so hard. There are way also many sites committed to the service of locating email addresses. One of the greatest free email services on the web, is now Hotmail.
Constant interaction with the customers is needed to make certain the product or service hits the mark when it's released.
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lindyhunt · 6 years
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The Ultimate Guide to Blockchain
Do you remember where you were the first time you heard about bitcoin? I do. The year was 2013. One of my friends briefly mentioned bitcoin while discussing how advancements in technology made it much more challenging to create timely policy. He used bitcoin as an example because it was the currency of choice for Silk Road: the now-defunct drug trafficking website. Just a little over five years ago, bitcoin was primarily used in the dark corners of the internet to purchase illicit goods on the black market. With that knowledge, I pushed bitcoin to a dark corner of my mind … until recently when I saw that the Winklevoss twins had become bitcoin billionaires. Say what?
The price of bitcoin in June 2013? About $100. The price of bitcoin today? $11,392. Yes, I am suffering from an extreme case of FOMO. Thanks for asking.
I bet many of you have your own bitcoin story. Maybe you bought bitcoin early and sold it a few years ago when it started to see marginal success? Maybe you just heard about it a few weeks ago and felt like it's too late to get in the game? Or maybe you're just confused by all these headlines about cryptocurrencies, digital mining, and ... CryptoKitties? Hey, I get you. My cat is very much alive and very much scratches my new couch.
But what if I told you the biggest opportunity for businesses of any kind is actually related to the technology that underlies bitcoin — known as blockchain. Blockchain, the public ledger that records all bitcoin transactions, is more than just a fad — it’s changing life as we know it.
Don't believe me? Follow along to learn more about blockchain and how it works, who’s using it, and the future of the technology. Feel free to email, bookmark, or jump to the section that interests you most.
All About Blockchain
Okay, I know what you’re thinking, this writer’s exaggerating — there’s no way this technology is “changing life as we know it.” While I’ve been known to occasionally have a flair for the dramatic, I promise that this is not one of those times. The uses for blockchain technology extend far beyond bitcoin. But what is blockchain?
These transactions get packaged into blocks, and each block gets verified by other users in the system by completing a math problem. Once a block gets verified, it cannot be altered and gets added to a chain of other permanent, previously verified blocks. The records held within these blocks form a blockchain, and the blockchain's users all keep track of this record. It's basically a giant, shared ledger, but in practice, it's much more exciting than that. 
 Let’s say the hoverboard you bought last year isn’t all it’s cracked up to be — you feel much safer with your feet solidly on the ground. You could use a third-party seller like eBay to sell it. These sellers act as the marketplace that connects you (the seller) to potential buyers; they make money by charging fees. In this case, let’s pretend the buyer is from Germany. When you make a sale on eBay, the platform verifies the transaction with your bank and the purchaser’s bank. It also confirms your hoverboard and the end buyer both exist. But if you use blockchain technology to sell your hoverboard, you can cut out all the middlemen while still maintaining a safe, speedy, and secure transaction — even internationally. No eBay, no banks, no fees, and no exchange rate — it’s that easy. Now, some lucky kid in Germany can hover around with all their friends ... or whatever it is you do on hoverboards.
History of Blockchain 
Before we dive into exactly how blockchain makes this possible, let’s talk about the history of blockchain. In October 2008, the secretive founder of bitcoin Satoshi Nakamoto introduced the world to peer-to-peer electronic payments. His cryptocurrency formed the world’s first blockchain. Because bitcoin’s software is open source, allowing anyone to see, reuse, and adapt the code behind it, it didn’t take long before users started modifying it for different purposes.
Early on, blockchain users mostly tried to make better versions of bitcoin. Litecoin, an alternative cryptocurrency developed by a former Google employee, aimed to provide faster transactions. Others, like the meme-inspired Dogecoin, were created for people turned off by bitcoin’s high price point.
Namecoin.org developed one of the first uses of blockchain for something other than cryptocurrencies. The technology uses blockchain to register .bit domain names as an alternative to the primary domain name management system. Namecoin makes it extremely difficult for external players, like the government, to take control of websites. Because .bit domains get registered in a blockchain, they are nearly impossible to change without knowing the encryption key.
The next significant innovation came in 2013 when a small startup named Ethereum put out a paper outlining a way for developers to easily create entirely new blockchains without relying on bitcoin’s original code. Two years later, Ethereum launched their new platform, allowing users to expand blockchain’s functionality beyond cryptocurrencies.
Currently, companies and individuals are exploring how to use blockchain technology in healthcare, energy, supply chain management, and many other industries. But more on that later.
How Does Blockchain Work?
Although there are different ways to set up a blockchain, Harvard Business Review laid out five principles that all blockchains have in common. Firstly, all blockchains use a distributed database — this means that every user in a blockchain can access the complete database, including its past transaction history. This transparency allows users to verify any information they need and to complete transactions directly, without any intermediaries.
Secondly, any transactions or communications get conducted between peers. Each user stores records and sends information directly to all other parties in a blockchain. Because of this technology, intermediaries and central storage institutions, like banks, are unnecessary. Users have all the information they need to vet other users, otherwise known as nodes.
Third, although blockchains are transparent, each user associated with a blockchain can remain anonymous. To protect users' identities, each user has their own unique “30-plus-character alphanumeric address” that they use in place of a name. Users can choose to share their identity or remain anonymous with their blockchain address.
The alphanumeric addresses are also used to verify transactions. You may have heard the term “mining” associated with bitcoin. When someone “mines” bitcoin they aren’t digging around in the earth in search of a bitcoin filled hard drive … except for that one time. Rather, here’s how mining actually works: When someone wants to make a transaction, and therefore add new record or “block” to the ledger, they first need to solve what is essentially a math problem. Computers use their computing power to “mine” for the answer, which is vetted by the network of users. If the answer is correct, the new block is added to the ledger. A token, also known as a coin, is generated when this occurs —almost like a receipt to prove it happened.
Fourth, because blockchain uses a digital ledger, the entire transactional process can be automated using algorithms. For example, when you buy a house, you pay for a lot of other small costs like title registration, mortgage lenders, inspections, and legal fees. There are all these other people involved to provide access, regulate, and administer a sale from one person to another. But a lot of this complexity disappears with blockchain. You can record property data and even build in digital rules — called smart contracts — that, once fulfilled, allow the system to automatically transfer a property title or money for purchase.
The fifth characteristic of blockchain is that, once a record gets created, it cannot change. When miners verify a transaction, that record is shared with every other party in the blockchain as part of the decentralized ledger. Part of each verified transaction is also used to generate the math puzzle for the next block in the chain. This means each transaction gets linked to the ones that came before it and all those transactions get stored across multiple computers with no single point of failure.
Blockchains can also be public or private. Both types of networks share the five characteristics listed here but have one major difference. A public blockchain is open to the general public and anyone can join, execute and verify transactions, and everyone maintains a copy of the decentralized ledger. The bitcoin blockchain is currently one of the largest examples of a public blockchain network. In a private blockchain, participation is limited to users who receive an invitation to join the network and are granted permission to enter. Think of it like the early days of Facebook when users needed email addresses from certain schools. Aside from the increased security offered by private blockchains, they are also much more cost efficient since much less computing power is required to verify transactions in a smaller network.
Still confused? I don't blame you. Here are some talking points on how blockchain works for your next cocktail party.
Blockchains are completely transparent. Any user can view any transaction from now until the end of time.
All transactions get completed between individual users. Say goodbye to intermediaries.
Even though blockchains are transparent, a user’s identity doesn’t have to be. All users are assigned a public address to use in place of a name during transactions.
Because blockchains live online, we can use algorithms to automate future transactions — just like you automatically pay your Netflix subscription every month.
Once a block gets added to a blockchain, it’s there forever — no ifs, ands, or buts.
Got it? Let’s move on.
Benefits of Blockchain
If you’ve stuck with me this far, congratulations are in order! Blockchainis complicated stuff. You may be thinking, if blockchain is basically just a new way to organize records, why are people so excited about it? Don’t worry! This is the part of the article where we talk about the benefits of blockchain and how it has the potential to change the world.
Blockchain Security 
One of the largest benefits of blockchain is its ultra-secure network. Because data transmitted using blockchain is inherently encrypted, it’s much more secure than the standard username-password security system. However, the real security benefits come from blockchain's network of users.
Decentralized data stored using blockchain makes it extremely difficult to hack into because no “single point of failure” exists. What does all this mean? Let’s say you have all your documents backed up on a single hard drive. If that hard drive is lost, stolen, or destroyed, all of your documents are gone … forever. But if all your documents are saved on thousands of different hard drives, it’s unlikely that you’ll ever lose your data. That’s the power of blockchain security.
Under usual circumstances, to break into a blockchain, hackers would need to overwhelm over 50% of the network in less time than it takes to create a new block. The amount of computing power required to do this in most blockchain networks is tremendous. Larger networks are much harder to hack because they are more decentralized and have more computers working to verify transactions.
And it’s easy to detect when a block has been tampered with thanks to hash functions. Hashes from one block are added to the data in the next block. Anyone who tries to alter a block will end up changing the hash completely, setting off a red flag and disabling the block completely.
Blockchain also offers anonymity. Without blockchain, systems use a variety of information like names, addresses, card numbers, and social security numbers to verify transactions. All this personal information is vulnerable to being stolen. In a blockchain, only the private key matters.
Each blockchain user has two keys: a public key and a private key. Their public key is derived from their private key using a mathematical formula and then combined with other information to form their public address for transactions. Without the private key, it is impossible to verify transactions to the public address. This private key never gets shared with outsiders which means multiple complex formulas stand between a user's private key and their public address.
You may be wondering if it's possible to reverse the formula and uncover someone's private key from their public key? The bad news is that it is possible. The good news is it would take the world's most powerful computer 40,000,000,000,000,000,000,000,000,000,000 (I don’t even know how to pronounce this number) years to figure it out. That’s way longer than the universe has even existed ... so I wouldn’t worry about it.
Decentralization and Smart Contracts
The second benefit of blockchain comes from decentralization and smart contracts. Presently, smart contracts may represent the most powerful application for blockchain.
HubSpot’s Director of Acquisition and resident blockchain expert Matthew Howells-Barby states: “One of the more immediate ways in which blockchain technology is going to impact SMBs is through smart contracts. Smart contracts facilitate the creation of trustless digital contracts that can be used for all kinds of application - something that has never been possible before without a third party being involved. Imagine being able to create digital contracts with contractors that would automatically pay them once work has been completed to a satisfactory standard. This is one of the many applications that smart contracts offer."
Essentially, smart contracts use blockchain to automate payments and transfers based on a predetermined set of conditions. Using smart contracts, you could automatically pay your electric bill once your electricity usage hits a certain amount. The transaction would be sent securely to the power company and verified using blockchain. No more late fees, no more stolen financial information — you would never have to think about scheduling a payment again.
Once again, as more and more transactions are automated using smart contracts, the need for middlemen and outside organizations will diminish. Because information gets distributed across the entire network, it's extremely difficult for one group to seize control of it. Governments and individuals in positions of power will no longer be able to shut down sources they wish to repress because the information will exist on many computers across the network.
Speed and Efficiency
Third, blockchain is fast and efficient. Manual data entry is tedious and prone to error. Think about it. How many typos do you typically make writing an email? Most organizations maintain multiple record systems for different tasks. For example, an ice cream store may use one record to track the amount of ice cream and supplies they purchase, another to track hours their employees work, and another to track sales. Reviewing separate records takes up a lot of time. With blockchain, all this information gets stored and verified as it gets generated.
Blockchain's verification speed has vast benefits. For example, a simple stock purchase can take up to a week to verify using current methods. Several forms, organizations, and a ridiculous amount of acronyms are involved in the process. With blockchain, there is no need for third-party verification because all the information needed to complete and verify the transaction gets included in the ledger. That means stock transfers can happen almost instantaneously instead of a full week later. Talk about some serious returns!
Applications of Blockchain
Okay, so we’ve talked about what blockchain is, how it works, and the benefits of using it, but is anyone actually using this technology? Like really using it ... not just for trying to get bitcoin rich? The answer is an enthusiastic yes!
According to Financial Times reporter Sally Davies, “[Blockchain] is to bitcoin, what the internet is to email. A big electronic system, on top of which you can build applications. Currency is just one.”
In simple terms, bitcoin is only one, tiny application supported by blockchain — there are endless possibilities for the technology. Let’s do a deeper dive on some other applications of blockchain.
FinTech
Payments and Cryptocurrencies
Let’s just get this out of the way — cryptocurrencies are indeed one of the most popular blockchain applications. I know, I know, I said I was going to talk about other applications of blockchain. I promise I will, but it’s impossible to talk about blockchain without taking a look at the application it was originally built for — bitcoin.
Partially because it was the first one and partially because it has the largest network of users, bitcoin is the most valuable cryptocurrency based on U.S. dollars. In fact, bitcoin has become so popular that stores, restaurants, and even bars are starting to accept it as payment. In larger cities like New York, you can live your life only paying in bitcoin, though it isn’t always the most practical approach. Bitcoin has also been used to cope with hyperinflation in Venezuela, as payment for online gambling, and for market speculation.
Because bitcoins trade on an open market, investors like the Winklevoss twins were able to make bets on future price movements. It's impossible to know for sure, but it's estimated that there were over 20,000 bitcoin millionaires at the start of 2018. But before you go investing in bitcoin, don't forget that the cryptocurrency is also infamous for its massive price swings. Many lost fortunes speculating on the currency to the tune of $86.7 billion this year alone.
Other cryptocurrencies like Ripple, Litecoin, and Ethereum can also be used to send payments or for market speculation, but these cryptocurrencies have their quirks. Ripple is positioned to speed up international transactions and reduce transaction fees. The four seconds it takes Ripple to settle a transaction is faster than any other cryptocurrency and significantly faster than the expensive, multi-day process currently in use by most banks. For this reason, companies like American Express and Santander Bank have started experimenting with Ripple for international transactions.
Litecoin is also useful for payments but is focused more on the everyday stuff than on purchases across borders. According to its founder Charlie Lee, “Litecoin is targeted more towards payments, faster transactions, and lower fees.”
The supply of Litecoins is four times larger than bitcoin and transactions also occur four times faster.
Then there’s Ethereum and its cryptocurrency Ether. The smart contracts built into Ethereum’s code allow for a wide range of deals to occur automatically once pre-negotiated terms get met. This is a major stepping stone for using blockchain in industries outside of FinTech.
Trade
These cryptocurrencies and, more importantly, the blockchain behind them will have a tremendous impact on trade. Faster verification times, reduction or removal of exchange fees, and elimination of errors will make domestic and international trade easier than ever before. By implementing blockchain within their internal financing unit, IBM was able to free up $100 million previously tied up in disputes. Imagine how much more could get done by using blockchain for the trillions of dollars in transactions that occur every day in the U.S. financial system alone.
Crowdfunding
Outside the worlds of insurance and international trade, blockchain will also create massive changes in the way businesses and startups raise capital. Sites like Kickstarter, founded in 2009, democratized fundraising by allowing just about anyone to find financial backing from a broad audience instead of traditional sources like banks and venture capital funds. There's also a built-in insurance policy since payment only gets collected for projects that meet their funding goal. For this service and for connecting entrepreneurs to potential funders, Kickstarter charges a 5% fee. To date, the platform has raised over $3.4 billion in funds for various projects.
With blockchain, these fees get eliminated since a network allows for immediate verification and smart contracts allow transactions to take place only once a project is fully funded. Some artists and startups are already experimenting with blockchain crowdfunding in the form of ICOs or initial coin offerings. The virtual coins function the same way as bitcoin, and investors purchase these coins like shares of stock to invest in the business that offers them. However, unlike in the stock market, purchasing these coins does not mean a user purchased ownership rights — this makes ICOs an extremely risky investment.
Property and Identity
There are few things more important than protecting your identity and property records. Birth, marriage, and death certificates allow you to claim a variety of different rights, including citizenship, employment rights, and voting rights. Pretty important stuff, right?
But in many countries, personal and government records still exist only on paper. During the 2010 earthquake in Haiti, most of the country’s paper land registry files were destroyed, so there’s no way to know who owns what. This has opened the door for corruption and further loss. In the future, blockchain will provide stability during uncertainty.
In addition to being a digital fail-safe for important documents, blockchain is also an extremely secure identity management system. Think about how often you provide personal or financial information over the internet. Once a week? Once a day? Two hours ago when you bought those new boots during your lunch break? Hey, no judgment – I'm just looking out for your financial security.
Being able to accurately verify your identity is essential to all online transactions, but the data you provide can be vulnerable to attacks. Blockchain’s decentralized ledger and unique user addresses make it difficult for hackers to obtain your sensitive information.
Supply Chain
Thanks to smart contracts, many retailers are using blockchain to help simplify their supply chain processes. In early 2017, Maersk, one of the world’s largest container shipment operators, joined forces with IBM to create a digital blockchain-based supply chain system. The goal: To create a faster and more secure and cost-effective way to trade goods internationally. IBM stated, "The costs associated with trade documentation processing and administration are estimated to be up to one-fifth the actual physical transportation costs. A single vessel can carry thousands of shipments, and on top of the costs to move the paperwork, the documentation to support it can be delayed, lost or misplaced, leading to further complications.” Talk about a logistical nightmare.
With blockchain, all parties involved in the supply chain can access any necessary documents and view transportation events in real time. All of the supply chain information is accurate and secure because no individual party can alter the blockchain without permission from others in the network. This transparency helps reduce shipment time, money, fraud, and errors — getting consumers the goods they need from around the world.
Healthcare
Healthcare – yeah, it’s complicated. It’s so complicated and confusing that I often find myself skipping the doctors just to avoid the massive amount of paperwork and stress that comes along with visiting the office. Don’t look at the screen like that – I know you’ve done it too.
Thankfully, blockchain is here to save the day, aka our lives, or at least make them easier. Blockchain technology allows patients, insurers, and physicians to view and update medical records in a secure and timely fashion. This access to data can also help doctors recognize early indicators of disease or weakening health. According to a study from IBM, “healthcare organizations are moving fast and even seem to have a lead on the financial industry.”
Beyond just, you know, saving lives, blockchain can also help in other areas like reducing Medicare fraud, which cost over $30 million in 2016 and centralizing information from wide-reaching medical studies into a comprehensive database. Blockchain even makes it possible to pay for procedures based on outcomes instead of predetermined rates. In fact, Robomed Network is already using blockchain to do this for over 9,000 patients.
Energy
Once energy enters into an electric grid, it’s impossible to tell if it got generated by a fossil fuel plant, nuclear power, or a renewable energy plant. To track the amount of energy coming from renewable sources, power plants use a complex, expensive system.
Cutting out intermediaries, reducing errors, and building a decentralized record for the sources of renewable energy with blockchain would remove many of these barriers. But it doesn’t end there. Over the last several years, a new distributed grid has grown in size. This grid is comprised of solar panels on the roofs of homes and batteries from electric cars. When these systems produce more energy than they need, their owners can sell the excess power back to the power company, but it can take several months to see returns. LO3 Energy has begun experimenting with a blockchain powered microgrid in Brooklyn that lets users sell their excess energy to their neighbors. Because it’s easier to distribute electricity locally than to send it over long distances, decentralized blockchain microgrids could help prevent power outages and maximize energy use from distributed producers.
Investing in Blockchain
By now you're probably thinking one of two things: Wow, blockchain is going to change my life or … I still don't get it. That's okay! I've said it before and I'll say it again, blockchain is a tough topic to grasp, and it'll likely be many years before the technology is widely adopted. Small- and medium-sized businesses should wait for blockchain technology to mature before worrying about how to adopt. However, there are some ways they can start experimenting with blockchain applications. In this section, we'll walk through how businesses can start investing in blockchain in a smart, deliberate way.
According to Harvard Business Review, there are two factors to consider when thinking about how quickly new technology will impact a business: novelty and complexity. Novelty represents users' familiarity with the application. The more novel or unfamiliar the technology is, the longer it'll take to become commonplace. Complexity is the number of people needed to adopt an application for it to have impact. For example, a dating app is useless unless a lot of people create profiles. How annoying would it be to swipe left on on Chad 17 times before coming across an intriguing profile?
These two criteria help inform executives of the roadblocks they might face and the effort needed to implement a specific blockchain application. Take a look at the chart above. Businesses that are looking for a low barrier to entry should consider implementing single-use cases of blockchain. Single-use cases have a low degree of novelty and complexity. So what exactly is a single-use case? Accepting bitcoin payments. HBR states, “... bitcoin is growing fast and increasingly important in contexts such as instant payments and foreign currency and asset trading, where the present financial system has limitations.” Accepting cryptocurrencies as a form of payment makes it easier for customers all over the world to quickly and securely purchase your products.
If you start accepting bitcoin as alternative payment, your business could then start experimenting with a blockchain application that is increasingly novel but still has a low level of complexity — a private blockchain ledger to record all transactions. Once you have a good handle on these more simple applications, consider using more complex blockchain applications like smart contracts. The possibilities for how blockchain can help improve business processes are endless — it’s just a matter of how much effort and money you want to invest in an application right away.
Conclusion: The Future of Blockchain
That was a lot. And it’s okay if you don’t understand all of the intricacies of blockchain or aren’t ready to start incorporating it into your business strategy just yet. It’ll take many years and buy-in from numerous different industries before blockchain becomes commonplace. And while we don’t recommend SMBs worry too much about blockchain just yet, it’s important to keep an eye on the emerging tech as larger enterprise businesses start developing more blockchain applications.
So the next time you find yourself sinking into a deep hole of depression because you didn’t scoop up bitcoin while the iron was hot, remember the most rewarding technology — blockchain — is still to reach its full potential.
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cryptnus-blog · 6 years
Text
Blockchain-Based AI Voice Assistant Brings Data Privacy To Smart Homes
New Post has been published on https://cryptnus.com/2018/09/blockchain-based-ai-voice-assistant-brings-data-privacy-to-smart-homes/
Blockchain-Based AI Voice Assistant Brings Data Privacy To Smart Homes
According to a 2017 University of Washington report, there are hundreds of millions of smart-home devices in more than 40 million U.S. homes. This number is expected to double by 2021.
Amazon Echo, Google Home and other devices that have Alexa and Google Assistant built in, have proven to be some of the world’s most promising new technologies. These AI-enabled assistants seem capable of doing everything, from turning on lights to answering simple and even complex questions. “OK Google” and “Alexa” have become common household phrases, as these smart connected speakers always have their microphones on, yet don’t respond until their “wake words” are mentioned.
While useful, AI-powered assistants are also rather creepy. For instance, after users say the “wake word,” Alexa and Google Assistant start recording conversations, sending that data away to the cloud. Since the technology behind the Amazon Echo and Google Home is powered by AI, it stores command history to help make the device “smarter” to better respond to future commands. However, interactions stored in the cloud are prone to hacking, putting users’ personal data at risk.
The way AI-powered voice assistants function struck a nerve for Dr. Rand Hindi, a recent Forbes 30 Under 30 entrepreneur. Hindi has been concerned about data privacy for a number of years. He started coding at the early age of 10 and founded his first tech company when he was just fourteen years-old.
“The first company I created was a social network. I remember thinking how wrong it was that I could access the network’s database at any time and see the messages users were sending to each other. The idea of data privacy has been on my mind ever since. It also became clear that privacy was going to be one of the main challenges facing the rise of artificial intelligence.”
According to Hindi, leading companies like Google and Amazon are misusing users’ personal data collected from AI-based voice assistants like Alexa, Siri and Google Assistant.
Many companies claim to protect users’ personal data via “privacy trust,” an idea where users can send a company data and the company is trusted to delete that data after the fact. However, no guarantees are made that the data will be deleted. Also, voice assistants are really just a microphone in your home connected to the Internet. It is crazy to think that people are wire tapping their own homes by using this technology, Hindi told me.
“Privacy By Design” With Blockchain
To ensure that users’ data is kept private, Hindi founded Snips, a leading AI company based in Paris and New York that is focused on bringing privacy to AI-based voice technologies. Since 2013, Snips has been building voice technology to guarantee “privacy by design.”
Snips AIR is an example of the privacy by design concept, as it’s an AI voice platform that utilizes blockchain technology to ensure that user data never gets sent to the cloud. Snips AIR, which will be available for consumers at the end of 2019, is a decentralized alternative to Siri, Alexa and Google Home and is fully compliant with the General Data Protection Regulation (GDPR).
Rather than storing user data in the cloud, Snips AIR processes all data on-device, ensuring that personal information remains within the walls of connected homes. And while no one has access to user data (not even the Snips developers), the AI behind the Snips AIR voice assistant can still be improved and trained over time by combining “federated learning” with blockchain technology and modern cryptography.
In other words, instead of users’ data being sent to the cloud for the AI to get smarter, the Snips ecosystem pays users in tokens to contribute their encrypted data to its blockchain network. The processed data is then aggregated by application developers, who now have new machine learning models that contain the encrypted user data. Since training the AI is done on the blockchain with encrypted federated learning, developers can take advantage of user data and add new applications to the Snips AIR platform. The users themselves never have to expose their personal information and compromise their privacy.
The Snips platform (released in June 2017) consists of more than 14,000 developers who have created more than 24,000 voice assistants. According to Hindi, the developer ecosystem is focused on building use cases that future consumers will be able to use. Original Equipment Manufacturer’s (OEMs) can then integrate the Snips assistant into their products and benefit from the entire Snips voice ecosystem, while protecting user privacy every step of the way.
Other blockchain based platforms are also trying to solve this problem. For example, LangNet, a decentralized ecosystem for language AI, recently teamed with Dopamine.ai, the decentralized global marketplace for data and AI consumers and providers. LangNet and Dopamine share the vision of creating decentralized data ownership, while also focusing on monetization opportunities that are provided by the various data providers.
LangNet aggregates a rich and vast voice repository, while Dopamine provides Decentralized Collaborative Processing Networks (DCPNs), in which data and AI providers are incentivized to supply various services that consumers can pipeline for specific needs. LangNet allows anyone to contribute language data in exchange for tokens. Collected data includes voice recordings of users reading a sentence to train speech-to-text systems and personal commands for a voice assistant. Data is owned by the contributor and licensed out to developers in exchange for tokens.
Through this partnership, LangNet will be able to easily integrate with the Dopamine’s platform  as the key voice data provider. On the Dopamine’s platform, the various enterprises and developers in the market will have the opportunity to access the LangNet network, which has been designed with a growing source of the language resources. Various campaigns will also run to help with crowdsourcing the voice data sets, along with the models that they will need to assist in building the new application with the use of different languages and also for the new use cases.
The best security measure is zero data. If I have no data on my users, then there is nothing to hack. In these ecosystems, blockchain is not a technology that makes data private, but rather it’s a technology that makes this all work by incentivizing users to contribute and process data in an honest manner. Blockchain is really the glue between all the pieces that have been around for years. The reason I got into blockchain was not because of cryptocurrency, but really because of the idea that we can create self governing communities in a way beneficial for themselves, Hindi said.
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