1 00:00:00,360 --> 00:00:03,000 Speaker 1: Hello, and welcome to another episode of the Markmas Show, 2 00:00:03,000 --> 00:00:06,600 Speaker 1: where we talk about the decentralized revolution each and every week, 3 00:00:06,640 --> 00:00:08,480 Speaker 1: talking about the way the world is changing, and of 4 00:00:08,520 --> 00:00:11,000 Speaker 1: course we look at it through the lens of politics 5 00:00:11,000 --> 00:00:14,320 Speaker 1: and finance and technology. And of course that technology we 6 00:00:14,360 --> 00:00:19,599 Speaker 1: talk about is the Bitcoin decentralized network. We talk about 7 00:00:19,600 --> 00:00:21,880 Speaker 1: that each and every week because it's technology that changes 8 00:00:21,920 --> 00:00:23,799 Speaker 1: the way the world work. It changes the way that 9 00:00:23,840 --> 00:00:26,920 Speaker 1: we organize, we communicate, and so I like to bring 10 00:00:26,960 --> 00:00:28,960 Speaker 1: to you, you know, some of the latest breaking news 11 00:00:28,960 --> 00:00:31,760 Speaker 1: of education to help you think about things differently, learn 12 00:00:31,880 --> 00:00:34,440 Speaker 1: to see the world differently, and of course some interesting 13 00:00:34,479 --> 00:00:37,199 Speaker 1: guests so you can hear from some people other than 14 00:00:37,240 --> 00:00:39,800 Speaker 1: me all the time. And so I'm coming to you 15 00:00:40,159 --> 00:00:44,519 Speaker 1: from Jackson Whole, Wyoming, where I am in town a 16 00:00:44,600 --> 00:00:46,360 Speaker 1: place that I've been dreaming of coming for a long 17 00:00:46,440 --> 00:00:49,040 Speaker 1: time because of the snow. And here I am, and 18 00:00:49,080 --> 00:00:51,920 Speaker 1: we are here for a Bitcoin ski Week. Is the 19 00:00:52,000 --> 00:00:54,720 Speaker 1: first of it's kind of two hundred and fifty approximately 20 00:00:55,160 --> 00:00:59,320 Speaker 1: of the sort of I don't know, industry leading people 21 00:00:59,360 --> 00:01:01,120 Speaker 1: that are kind of moved and shaking the bitcoin space. 22 00:01:01,120 --> 00:01:03,520 Speaker 1: And we're talking about all types of good ideas and 23 00:01:03,560 --> 00:01:05,560 Speaker 1: I managed to grab somebody to come sit on the 24 00:01:05,640 --> 00:01:08,520 Speaker 1: radio with me, and that is Justin Resvanni. He is 25 00:01:08,560 --> 00:01:13,080 Speaker 1: the founder of Zion app. And so Justin, thanks for 26 00:01:13,080 --> 00:01:16,680 Speaker 1: taking the time talking to me today. Thank yeah, man. 27 00:01:16,760 --> 00:01:21,720 Speaker 1: I love getting together and hanging out. We've had amazing talks. 28 00:01:21,720 --> 00:01:23,880 Speaker 1: The last couple of days, Justin and I got some 29 00:01:23,920 --> 00:01:28,880 Speaker 1: amazing powder runs. Yeah, it's great. Snow, great snow. Oh man. 30 00:01:28,959 --> 00:01:33,039 Speaker 1: The the benefit of doing like meetings like this and 31 00:01:33,120 --> 00:01:35,120 Speaker 1: like a cool place like this, Like we got to 32 00:01:35,160 --> 00:01:36,600 Speaker 1: hang out, we gotta do cool things, and then we 33 00:01:36,600 --> 00:01:39,360 Speaker 1: get a snowboard. It's cool. It's cool doing life this way. 34 00:01:39,400 --> 00:01:41,680 Speaker 1: It's like we have work to do, very deep work, 35 00:01:41,720 --> 00:01:44,119 Speaker 1: but then you can kind of expand the horizons play 36 00:01:44,120 --> 00:01:47,800 Speaker 1: a little bit. Like I think as humans, we're here 37 00:01:47,840 --> 00:01:49,920 Speaker 1: to have fun at the end of the day, Like imagine, 38 00:01:49,920 --> 00:01:52,480 Speaker 1: like sometimes we take things too seriously and it's nice 39 00:01:52,520 --> 00:01:54,280 Speaker 1: to just lay back and like, look, let's go ski 40 00:01:54,320 --> 00:01:56,520 Speaker 1: and then talk about work at the same time. Well, 41 00:01:56,560 --> 00:01:58,120 Speaker 1: I know, you know, this is kind of a different 42 00:01:58,120 --> 00:01:59,520 Speaker 1: than what I want to jump into. I want to 43 00:01:59,520 --> 00:02:04,200 Speaker 1: talk about how decentralized networks and there's been several that 44 00:02:04,240 --> 00:02:06,400 Speaker 1: have popped up lately, including zions. So I want to 45 00:02:06,400 --> 00:02:08,079 Speaker 1: talk about that, but before we get into that, just 46 00:02:08,160 --> 00:02:09,919 Speaker 1: for everybody listening, we're gonna talk about that and how 47 00:02:10,040 --> 00:02:13,600 Speaker 1: decentralized networks will help us beat censorship and change censorship 48 00:02:13,639 --> 00:02:15,840 Speaker 1: and communication and change the world. We'll talk about that, 49 00:02:15,880 --> 00:02:17,320 Speaker 1: but before we get into that, just to the point 50 00:02:17,360 --> 00:02:20,400 Speaker 1: you said. Something I've been pounding on the table on 51 00:02:20,600 --> 00:02:22,840 Speaker 1: is that today we have like all these people that 52 00:02:22,880 --> 00:02:26,840 Speaker 1: are victims. I can't get ahead because the government, and 53 00:02:27,040 --> 00:02:29,680 Speaker 1: I can't get ahead because of inflation. But it's like, 54 00:02:30,240 --> 00:02:32,880 Speaker 1: we are not victims and we can build the life 55 00:02:32,919 --> 00:02:36,079 Speaker 1: that we want. Sure, And you're certainly someone who's done that, right, 56 00:02:36,200 --> 00:02:40,200 Speaker 1: I mean I think so. And I think it's very 57 00:02:40,280 --> 00:02:43,160 Speaker 1: possible to do whatever you want. I think on this planet. 58 00:02:43,160 --> 00:02:46,320 Speaker 1: I mean, you can really push your boundaries and if 59 00:02:46,360 --> 00:02:48,680 Speaker 1: you work hard enough and if you apply yourself in 60 00:02:48,720 --> 00:02:51,000 Speaker 1: this weird way, you can almost get anything done that 61 00:02:51,040 --> 00:02:53,600 Speaker 1: you want. You just have to expand your horizons. I think. 62 00:02:53,639 --> 00:02:57,800 Speaker 1: I think people just don't expand their horizons. Yeah, So again, 63 00:02:57,840 --> 00:02:59,120 Speaker 1: this is not what I want to talk about, but 64 00:02:59,200 --> 00:03:00,560 Speaker 1: I do want to talk about this for a second. 65 00:03:00,600 --> 00:03:05,720 Speaker 1: It's impromptu here, so people have these fears or they 66 00:03:05,800 --> 00:03:09,240 Speaker 1: feel this and this this oppression that they think is 67 00:03:09,240 --> 00:03:12,240 Speaker 1: holding them back. Like, UM work a cubical job and 68 00:03:12,280 --> 00:03:14,680 Speaker 1: I make forty thousand dollars a year and I'm stuck 69 00:03:14,720 --> 00:03:16,720 Speaker 1: here and I get two weeks of vacation a year, 70 00:03:16,760 --> 00:03:18,680 Speaker 1: and I'm too broke to go to Jackson Hole. So 71 00:03:19,000 --> 00:03:22,480 Speaker 1: woe's me? I'm this victim. What's wrong with that viewpoint? 72 00:03:23,080 --> 00:03:25,399 Speaker 1: And how could they maybe do something about that? I 73 00:03:25,440 --> 00:03:29,280 Speaker 1: think that victim mentality doesn't push you forward in any way. 74 00:03:29,280 --> 00:03:32,200 Speaker 1: I don't know a single person that has a net 75 00:03:32,240 --> 00:03:35,120 Speaker 1: worth of over one hundred million dollars that complains about 76 00:03:35,240 --> 00:03:37,720 Speaker 1: their victim even millions, Like like like let's say I don't. 77 00:03:37,720 --> 00:03:39,440 Speaker 1: I don't know. I throughout a higher number there. But 78 00:03:39,800 --> 00:03:43,720 Speaker 1: like I, no one that's made it has ever played 79 00:03:43,720 --> 00:03:45,800 Speaker 1: that card. They've never done it. They just they just 80 00:03:46,000 --> 00:03:49,440 Speaker 1: pushed through and they persevere. So I think we're living 81 00:03:49,440 --> 00:03:53,040 Speaker 1: in an age where information and content is one of 82 00:03:53,040 --> 00:03:55,720 Speaker 1: the most valuable things that's available on the Internet, and 83 00:03:55,760 --> 00:03:57,640 Speaker 1: you can figure out anything that you want if you 84 00:03:57,680 --> 00:03:59,120 Speaker 1: just apply your mind to it. And I'll give a 85 00:03:59,200 --> 00:04:02,600 Speaker 1: real example here. I did not know about bitcoin two 86 00:04:02,640 --> 00:04:06,000 Speaker 1: and a half years ago. I owned it, but I 87 00:04:06,040 --> 00:04:10,240 Speaker 1: had no idea the concept, And within eighteen months I'm 88 00:04:10,280 --> 00:04:13,160 Speaker 1: at these events. I'm running one of the largest lightning 89 00:04:13,160 --> 00:04:16,120 Speaker 1: companies in the world, and it's just because of my 90 00:04:16,520 --> 00:04:19,520 Speaker 1: extreme pressure to understand and be knowledgeable in the space. 91 00:04:19,520 --> 00:04:21,640 Speaker 1: And now today we're gonna talk about decentralized networks and 92 00:04:21,640 --> 00:04:24,240 Speaker 1: all that stuff. And I just think that we have 93 00:04:24,360 --> 00:04:27,400 Speaker 1: this knowledge available to us. We have YouTube, we have 94 00:04:27,400 --> 00:04:30,080 Speaker 1: amazing people like you making content on the internet. You 95 00:04:30,120 --> 00:04:33,039 Speaker 1: can learn a ton of stuff and you can synthesize 96 00:04:33,080 --> 00:04:35,520 Speaker 1: that knowledge and provide value to someone else and create 97 00:04:35,600 --> 00:04:38,760 Speaker 1: financial freedom for yourself. Like knowledge is not gapped anymore, 98 00:04:39,080 --> 00:04:41,000 Speaker 1: Like you don't have to have a university degree to 99 00:04:41,040 --> 00:04:43,279 Speaker 1: be smart about things. You can get out of that 100 00:04:43,400 --> 00:04:45,880 Speaker 1: job if you choose to. But I think it's a 101 00:04:45,920 --> 00:04:50,120 Speaker 1: function of laziness, Like we are a society that's fat 102 00:04:50,560 --> 00:04:54,720 Speaker 1: and lazy because we're comfortable. We've gotten too comfortable. And 103 00:04:54,760 --> 00:04:57,159 Speaker 1: I think that, you know, the most successful people that 104 00:04:57,240 --> 00:05:02,080 Speaker 1: I know constantly put themselves in comfortable situations to progress forward, 105 00:05:02,400 --> 00:05:04,839 Speaker 1: because once life hits you in the face, you've already 106 00:05:04,880 --> 00:05:07,359 Speaker 1: been prepared for it. Right. I go to the gym 107 00:05:07,400 --> 00:05:09,960 Speaker 1: every day and destroy my body or go jump on 108 00:05:09,960 --> 00:05:12,479 Speaker 1: this mound and do double black diamonds. Not because I 109 00:05:12,520 --> 00:05:15,520 Speaker 1: necessarily enjoyed. Yes, I do, but I want to be uncomfortable. 110 00:05:15,600 --> 00:05:17,600 Speaker 1: When I did iron Man full time, I had no 111 00:05:17,680 --> 00:05:19,800 Speaker 1: reason to do an iron Man right other than the 112 00:05:19,800 --> 00:05:22,360 Speaker 1: fact that I want to push myself forward to do 113 00:05:22,440 --> 00:05:25,520 Speaker 1: something very hard. I think everyone needs to apply that 114 00:05:25,560 --> 00:05:29,320 Speaker 1: in their life and you'll get better. Yeah, something that 115 00:05:29,360 --> 00:05:32,480 Speaker 1: I've been thinking about a channel I might have sent 116 00:05:32,520 --> 00:05:33,760 Speaker 1: you to it. I've sent a bunch of people to it. 117 00:05:33,760 --> 00:05:37,520 Speaker 1: It's called Academy of Ideas on YouTube, and it's like 118 00:05:37,560 --> 00:05:40,680 Speaker 1: a philosophy channel, and kind of like what we were 119 00:05:40,680 --> 00:05:44,000 Speaker 1: talking about last night, how I always approach everything humbly 120 00:05:44,040 --> 00:05:45,720 Speaker 1: because if I can learn one thing, and sometimes it's 121 00:05:45,720 --> 00:05:47,240 Speaker 1: the same thing I've already heard, but it just hits 122 00:05:47,279 --> 00:05:49,920 Speaker 1: me different. And he had this episode where he said 123 00:05:49,920 --> 00:05:52,520 Speaker 1: that we should try to increase our power. And he 124 00:05:52,560 --> 00:05:55,000 Speaker 1: said not power as in like power and control over people, 125 00:05:55,000 --> 00:05:57,320 Speaker 1: but power over ourselves. And so we should always be 126 00:05:57,320 --> 00:05:59,640 Speaker 1: trying to increase our skill level, right, And he said that, 127 00:06:00,520 --> 00:06:04,680 Speaker 1: he said, what we want is a formidable opponent. So 128 00:06:04,720 --> 00:06:06,800 Speaker 1: I know you'd like to play pickaball for example, right, 129 00:06:07,160 --> 00:06:08,760 Speaker 1: you don't want to play with someone who's a beginner, 130 00:06:08,800 --> 00:06:10,280 Speaker 1: I can't hit the ball back. You want to play 131 00:06:10,320 --> 00:06:12,080 Speaker 1: someone who's at least as good as you, but probably 132 00:06:12,120 --> 00:06:14,520 Speaker 1: someone better than you because they make you better. So 133 00:06:14,520 --> 00:06:17,359 Speaker 1: you want a formidable opponent. And so if you're going 134 00:06:17,400 --> 00:06:19,279 Speaker 1: to go to the gym, you don't want lightweights. You 135 00:06:19,320 --> 00:06:21,800 Speaker 1: need heavier weights. You need a formidable opponent. And so 136 00:06:22,400 --> 00:06:24,200 Speaker 1: what I got from this, as I it's been a 137 00:06:24,240 --> 00:06:26,240 Speaker 1: couple weeks I've been thinking about this, is that in 138 00:06:26,279 --> 00:06:30,040 Speaker 1: life we need a formidable opponent. We need the pressure 139 00:06:30,120 --> 00:06:32,520 Speaker 1: to push back on us to make us go forward. 140 00:06:32,560 --> 00:06:34,520 Speaker 1: And so the paradigm shift that I got from that 141 00:06:34,800 --> 00:06:38,840 Speaker 1: piece of content was that rather than looking at adversity 142 00:06:38,880 --> 00:06:42,279 Speaker 1: and hardships as something negative, I can't believe I have 143 00:06:42,360 --> 00:06:44,800 Speaker 1: to deal with this. I can't believe things are so hard. 144 00:06:45,040 --> 00:06:47,200 Speaker 1: Why does it have to be like that? Instead, it's 145 00:06:47,200 --> 00:06:50,560 Speaker 1: a formidable opponent. Thank you that I have this opportunity 146 00:06:50,560 --> 00:06:52,960 Speaker 1: to push that heavyweight. Thank you that I have the 147 00:06:53,000 --> 00:06:55,240 Speaker 1: opportunity to play a pickaball person. Thank you that I 148 00:06:55,360 --> 00:06:58,080 Speaker 1: have this struggle, this problem that I have to figure 149 00:06:58,120 --> 00:06:59,880 Speaker 1: out how to get over, because it's going to make 150 00:06:59,880 --> 00:07:02,560 Speaker 1: me a better person, and without it, I'm only going 151 00:07:02,640 --> 00:07:05,840 Speaker 1: to become a worse person. And I think that's about people. 152 00:07:06,120 --> 00:07:10,200 Speaker 1: People are so afraid of pushing these boundaries for themselves 153 00:07:10,240 --> 00:07:15,200 Speaker 1: because inherently, our mind is always trying to keep us safe, right, 154 00:07:15,240 --> 00:07:18,160 Speaker 1: That's what the mind is designed to do, and comfort. Comfort. 155 00:07:18,200 --> 00:07:22,000 Speaker 1: It's designed for comfort because the mind was built in 156 00:07:22,480 --> 00:07:25,480 Speaker 1: a society that didn't have hotel rooms and heaters and 157 00:07:25,560 --> 00:07:28,680 Speaker 1: air conditioners and food at abundance. That's the way the 158 00:07:28,760 --> 00:07:31,560 Speaker 1: mind was originally engineered. But now that we live in 159 00:07:31,560 --> 00:07:35,400 Speaker 1: a state of abundance, we have to seek discomfort. We 160 00:07:35,440 --> 00:07:37,680 Speaker 1: have to go out of our way and seek discomfort 161 00:07:37,720 --> 00:07:39,320 Speaker 1: in our lives. That's why we go to the gym, 162 00:07:39,360 --> 00:07:42,360 Speaker 1: that's why we climb out, that's why we go into 163 00:07:42,400 --> 00:07:44,520 Speaker 1: an ice bath, that's why we progress and all these 164 00:07:44,560 --> 00:07:47,320 Speaker 1: things because you need to challenge the mind. The mind 165 00:07:47,400 --> 00:07:49,720 Speaker 1: is not challenged enough, I believe. Yeah, that's the thing 166 00:07:49,800 --> 00:07:51,560 Speaker 1: is and I think that's the concept, is that in 167 00:07:51,640 --> 00:07:54,240 Speaker 1: order to excel, we must seek discomfort. So that was 168 00:07:54,280 --> 00:07:56,120 Speaker 1: our little ran too. It's not where we want to go, 169 00:07:56,240 --> 00:07:58,280 Speaker 1: but it just kind of came in prompt you. But 170 00:07:58,280 --> 00:07:59,560 Speaker 1: I do want to bring something up because I put 171 00:07:59,560 --> 00:08:01,760 Speaker 1: this on my end Intagram yesterday, my story. If you're 172 00:08:01,800 --> 00:08:04,360 Speaker 1: not following on Instagram, you should just at one Mark 173 00:08:04,440 --> 00:08:07,760 Speaker 1: Moss check it out. What's yours? Justin? Justin Resvanni, Justin Revanni, 174 00:08:07,800 --> 00:08:09,200 Speaker 1: So check us out on Instagram. But I put this 175 00:08:09,240 --> 00:08:11,240 Speaker 1: on my story yesterday and it was a screen shot 176 00:08:11,640 --> 00:08:13,800 Speaker 1: that someone else I saw on Twitter, and it says, 177 00:08:13,840 --> 00:08:17,480 Speaker 1: if you make forty thousand per year and you spend 178 00:08:17,480 --> 00:08:20,240 Speaker 1: eighty five percent and you invest fifteen percent in index 179 00:08:20,280 --> 00:08:23,760 Speaker 1: fund that averages ten percent of return, after forty years, 180 00:08:24,240 --> 00:08:27,000 Speaker 1: you're going to have three million dollars. And I said, 181 00:08:27,240 --> 00:08:30,360 Speaker 1: this is the wrong way to think. I said, why 182 00:08:30,440 --> 00:08:33,040 Speaker 1: spend the next forty years of your life making forty 183 00:08:33,080 --> 00:08:36,439 Speaker 1: thousand a year? Like, really, I'm going to work in 184 00:08:36,480 --> 00:08:39,640 Speaker 1: a cubicle for forty years making forty grand, saving fifteen percent. 185 00:08:40,120 --> 00:08:43,680 Speaker 1: Why not invest in yourself? Why not learn high value 186 00:08:43,760 --> 00:08:47,000 Speaker 1: skills to learn how to make more money? It's never 187 00:08:47,000 --> 00:08:48,920 Speaker 1: been easier. If you're just tuning in, you're listening to 188 00:08:48,960 --> 00:08:51,400 Speaker 1: the Mark Mos show, we talk about the decentralized Revolution, 189 00:08:51,679 --> 00:08:53,640 Speaker 1: and I'm in the studio with Justin and Resvonni. We're 190 00:08:53,640 --> 00:08:57,680 Speaker 1: gonna talk about decentralized networks and three that are popped up, 191 00:08:57,720 --> 00:09:01,560 Speaker 1: including Zion in some other ones that Jack Dorsey just launched. 192 00:09:02,000 --> 00:09:03,559 Speaker 1: We're gonna be back in a minute. I take a 193 00:09:03,640 --> 00:09:05,760 Speaker 1: quick break. We're gonna talk more about that and show 194 00:09:05,760 --> 00:09:07,200 Speaker 1: you how you can use these in what they are. 195 00:09:07,360 --> 00:09:08,920 Speaker 1: So don't go away. We're gonna be right back in 196 00:09:08,920 --> 00:09:11,760 Speaker 1: a second. All right, welcome back. If you just tune in, 197 00:09:11,840 --> 00:09:13,760 Speaker 1: you are listening to the Mark Moss Show. Of course, 198 00:09:13,800 --> 00:09:16,520 Speaker 1: we talked about the decentralized revolutions here every week, and 199 00:09:16,760 --> 00:09:20,160 Speaker 1: I am coming to you from Jackson Hole, Wyoming. I'm 200 00:09:20,160 --> 00:09:23,959 Speaker 1: in studio with Justin Rezvani, the founder of Zion app 201 00:09:24,120 --> 00:09:27,440 Speaker 1: just launched version two, just launched about two weeks ago. 202 00:09:27,760 --> 00:09:30,079 Speaker 1: You should check it out. I'm building the community there. 203 00:09:30,120 --> 00:09:33,040 Speaker 1: You can be on my community there. Tony Robbins is 204 00:09:33,040 --> 00:09:35,000 Speaker 1: tweeting about it. I mean, come on, this is gonna 205 00:09:35,040 --> 00:09:37,959 Speaker 1: be really big. But anyway, I'm gonna just finish off 206 00:09:37,960 --> 00:09:39,319 Speaker 1: what we were talking about before and we'll get into 207 00:09:39,360 --> 00:09:42,160 Speaker 1: the decentralized networks. There's three that you should have on 208 00:09:42,240 --> 00:09:45,360 Speaker 1: you on your radar, and so anyway, but back to 209 00:09:45,400 --> 00:09:48,800 Speaker 1: this just for one second so I'd said before the 210 00:09:48,840 --> 00:09:50,640 Speaker 1: break this tweet that I saw, you know, if you're 211 00:09:50,640 --> 00:09:52,040 Speaker 1: making forty grand a year, and I'm just like, how 212 00:09:52,160 --> 00:09:55,160 Speaker 1: how ridiculous that? And you made the case. You said 213 00:09:55,200 --> 00:09:58,200 Speaker 1: something if you have the motivation. And one of my 214 00:09:58,280 --> 00:10:00,560 Speaker 1: favorite personal development gurus who I for a long time, 215 00:10:00,600 --> 00:10:02,199 Speaker 1: this guy Brian Tracy, who wrote a book called The 216 00:10:02,240 --> 00:10:06,880 Speaker 1: Psychology of Sales and talked about how if you want 217 00:10:06,880 --> 00:10:09,160 Speaker 1: to be a great salesperson in this book, he said, 218 00:10:09,200 --> 00:10:11,480 Speaker 1: you know, you can go learn all the information you 219 00:10:11,480 --> 00:10:14,800 Speaker 1: need is out there, he said, But if you have 220 00:10:14,840 --> 00:10:19,440 Speaker 1: no motivation, I'm sorry, there's no hope for you. And 221 00:10:19,760 --> 00:10:21,440 Speaker 1: me and my wife we still laugh about that line 222 00:10:21,480 --> 00:10:23,880 Speaker 1: today ten years later or twelve years later, But that's 223 00:10:24,160 --> 00:10:26,600 Speaker 1: the truth. If you have motivation, you can learn anything. 224 00:10:26,600 --> 00:10:28,959 Speaker 1: You can improve your life, you can increase your skills, 225 00:10:28,960 --> 00:10:31,160 Speaker 1: you can make more money. The very fact that other 226 00:10:31,200 --> 00:10:32,559 Speaker 1: people can do it means that you should able to 227 00:10:32,600 --> 00:10:35,439 Speaker 1: do it too, if you have the motivation for it. Right, absolutely, 228 00:10:35,440 --> 00:10:38,640 Speaker 1: and I think you need enough motivation to leave right. 229 00:10:38,720 --> 00:10:41,600 Speaker 1: I think what's happening in society also is that we're 230 00:10:41,640 --> 00:10:44,520 Speaker 1: in this comfort base layer. And this happens in relationships. 231 00:10:44,559 --> 00:10:48,559 Speaker 1: This happens in jobs where that the benefit of leaving 232 00:10:48,640 --> 00:10:52,040 Speaker 1: still hasn't counteracted to you. You You haven't realized that, Like, man, 233 00:10:52,080 --> 00:10:55,240 Speaker 1: if I leave, then go try something else. I don't 234 00:10:55,280 --> 00:10:58,240 Speaker 1: have enough motivation to do that. And sometimes people just 235 00:10:58,280 --> 00:10:59,920 Speaker 1: need to be pushed a little bit more to say, 236 00:11:00,040 --> 00:11:02,040 Speaker 1: you know what, this job is not fulfilling for me. 237 00:11:02,120 --> 00:11:04,920 Speaker 1: Let me go try something else. This relationship isn't perfect, 238 00:11:05,000 --> 00:11:07,360 Speaker 1: let me try something else. So you need that motivation 239 00:11:07,440 --> 00:11:09,319 Speaker 1: just to push you there to go to that next 240 00:11:09,400 --> 00:11:10,600 Speaker 1: layer and say, you know what, I'm going to take 241 00:11:10,640 --> 00:11:12,600 Speaker 1: a risk and go out. Yeah. Do you do ice 242 00:11:12,679 --> 00:11:16,360 Speaker 1: baths every day? Every day? So that's a that's a 243 00:11:16,400 --> 00:11:19,280 Speaker 1: big thing that's been getting popular. I mean, so a 244 00:11:19,320 --> 00:11:23,040 Speaker 1: story about ice bats is in twenty fourteen, I went 245 00:11:23,080 --> 00:11:25,040 Speaker 1: and bought a chess freezer and I filled it up 246 00:11:25,040 --> 00:11:26,840 Speaker 1: with water and I wired it in a way that 247 00:11:26,840 --> 00:11:28,720 Speaker 1: would be turned off only one hour of the day 248 00:11:29,000 --> 00:11:31,520 Speaker 1: I could unplug it. So this was before ice baths 249 00:11:31,520 --> 00:11:33,800 Speaker 1: were cool. I would wake up every morning at six am, 250 00:11:34,160 --> 00:11:36,160 Speaker 1: no matter the temperature, and I jump in that thing 251 00:11:36,200 --> 00:11:37,720 Speaker 1: to three to five minutes, and I like it was 252 00:11:37,720 --> 00:11:40,199 Speaker 1: a thing for me, not because I needed the motivation 253 00:11:40,240 --> 00:11:42,280 Speaker 1: to get into an ice bath was because it was 254 00:11:42,320 --> 00:11:44,640 Speaker 1: my mental state that so no matter what, at seven 255 00:11:44,679 --> 00:11:46,640 Speaker 1: in the morning, I'm gonna go in this thing, even 256 00:11:46,679 --> 00:11:49,640 Speaker 1: though I don't want to and I'm uncomfortable, but to 257 00:11:49,679 --> 00:11:51,560 Speaker 1: train the mind the reason why you need to go 258 00:11:51,559 --> 00:11:53,640 Speaker 1: in the ice bath because you don't want to exactly, 259 00:11:53,760 --> 00:11:56,320 Speaker 1: it's I don't, I don't. Just for disclaimer, I don't 260 00:11:56,320 --> 00:11:58,240 Speaker 1: do the ice bath. I love it. I mean I 261 00:11:58,280 --> 00:12:00,480 Speaker 1: love it. I mean on my Instagram you'll see like 262 00:12:00,520 --> 00:12:02,200 Speaker 1: I put people in ice bats that have never been 263 00:12:02,200 --> 00:12:04,280 Speaker 1: in there. There's videos with a bunch of my friends 264 00:12:04,280 --> 00:12:05,760 Speaker 1: have millions of views because they're like, this is the 265 00:12:05,760 --> 00:12:07,560 Speaker 1: first time they were in this. It was actually just 266 00:12:07,600 --> 00:12:09,600 Speaker 1: a chess freezer, like this was before it was cool. 267 00:12:10,000 --> 00:12:12,320 Speaker 1: And I was doing that since twenty fourteen. So yeah, 268 00:12:12,440 --> 00:12:15,400 Speaker 1: I know Tony Robbins, who again has been tweeting about 269 00:12:15,480 --> 00:12:18,360 Speaker 1: Zion app check it out Tony Robbins tweet Twitter or Zion. 270 00:12:19,120 --> 00:12:21,560 Speaker 1: But anyway, he I had seen him say he you know, 271 00:12:21,559 --> 00:12:23,400 Speaker 1: he has whatever fifteen houses around the world and he 272 00:12:23,400 --> 00:12:25,240 Speaker 1: has an ice bath every single one, and he said 273 00:12:25,280 --> 00:12:28,440 Speaker 1: something like, there's never been one single day that I 274 00:12:28,480 --> 00:12:30,319 Speaker 1: haven't tried to talk myself out of it. Of course, 275 00:12:30,520 --> 00:12:33,240 Speaker 1: never once your mind is saying, like, because there's no 276 00:12:33,320 --> 00:12:34,920 Speaker 1: reason for you to do this, because the mind is 277 00:12:34,960 --> 00:12:36,719 Speaker 1: saying this is uncomfortable. I don't want to do this. 278 00:12:37,000 --> 00:12:41,400 Speaker 1: But that's where greatness has created in the uncomfortable moments. 279 00:12:41,679 --> 00:12:43,959 Speaker 1: I'll never forget my first full distance iron Man. It's 280 00:12:44,000 --> 00:12:46,959 Speaker 1: mile eighteen. Imagine, I've been up for ten hours racing 281 00:12:47,559 --> 00:12:49,720 Speaker 1: and I don't want to finish these last six miles, 282 00:12:50,040 --> 00:12:52,240 Speaker 1: But those six miles will change the rest of my 283 00:12:52,280 --> 00:12:55,240 Speaker 1: life because it's the most uncomfortable thing to do when 284 00:12:55,280 --> 00:12:58,640 Speaker 1: you've been running, biking, swimming for ten hours and you 285 00:12:58,720 --> 00:13:00,920 Speaker 1: have to go for another two hours to finish, Like, 286 00:13:00,960 --> 00:13:02,800 Speaker 1: what am I doing here? What am I? And that's 287 00:13:02,800 --> 00:13:05,040 Speaker 1: when you train the mind to tell you who's in charge, 288 00:13:05,280 --> 00:13:07,640 Speaker 1: because the mind takes over and thinks that it's in charge, 289 00:13:07,679 --> 00:13:10,720 Speaker 1: but it's not. You are. Your consciousness is what decide 290 00:13:10,720 --> 00:13:12,520 Speaker 1: you're gonna do tomorrow. You're gonna jump at that ice bath, 291 00:13:12,559 --> 00:13:14,920 Speaker 1: You're gonna change your job, You're gonna leave that bad relationship. 292 00:13:14,960 --> 00:13:16,880 Speaker 1: Are you gonna progress your life forward? Because you have 293 00:13:16,960 --> 00:13:20,760 Speaker 1: one chance at this? Yeah? Yeah, So that the big 294 00:13:20,800 --> 00:13:23,400 Speaker 1: takeaway is that you have to do things that make 295 00:13:23,400 --> 00:13:26,480 Speaker 1: you uncomfortable. You have to seek discomfort, You have to 296 00:13:26,520 --> 00:13:28,160 Speaker 1: seek discomfort. And now we all seek comfort and we 297 00:13:28,200 --> 00:13:30,280 Speaker 1: want comfort and like, hey, you live a pretty comfortable 298 00:13:30,320 --> 00:13:32,480 Speaker 1: damn life, right, and so do I. But we do 299 00:13:32,559 --> 00:13:34,520 Speaker 1: things to take us out of that comfort zone from 300 00:13:34,559 --> 00:13:37,240 Speaker 1: time to time. So I ride my dirt bike for 301 00:13:37,280 --> 00:13:40,280 Speaker 1: eight days across the Mexican desert and full of danger, right, 302 00:13:40,400 --> 00:13:42,840 Speaker 1: Or I spend two days in the back country on 303 00:13:42,840 --> 00:13:47,400 Speaker 1: a motorcycle on a snowmobile bike, right, um, danger avalanches 304 00:13:47,520 --> 00:13:49,080 Speaker 1: or you could break down, you could die, right, And 305 00:13:49,080 --> 00:13:52,319 Speaker 1: it's like those things to like make us be alive. Right. 306 00:13:52,360 --> 00:13:56,160 Speaker 1: And also what it does, lets will transition this right. 307 00:13:56,200 --> 00:13:58,600 Speaker 1: And also what it does is then in back to 308 00:13:58,760 --> 00:14:01,160 Speaker 1: kind of making money forty times and all your job, 309 00:14:01,280 --> 00:14:03,360 Speaker 1: it gives you the power to try and comfortable things 310 00:14:03,400 --> 00:14:06,040 Speaker 1: in business. And so let's talk about that for a minute. 311 00:14:06,040 --> 00:14:11,120 Speaker 1: So you previously had a social media company. We had 312 00:14:11,160 --> 00:14:14,720 Speaker 1: an influencer marketing business and influencer marketing platform business. Yeah, 313 00:14:15,200 --> 00:14:17,720 Speaker 1: and so it was kind of built on technology and 314 00:14:17,800 --> 00:14:20,760 Speaker 1: social media a little bit and marketing influencer and ended 315 00:14:20,800 --> 00:14:23,320 Speaker 1: good with that. And then you had this idea to 316 00:14:23,320 --> 00:14:28,080 Speaker 1: create this decentralized network, which is much harder because it's 317 00:14:28,120 --> 00:14:32,360 Speaker 1: not essentially controlled thing now it's kind of depending on 318 00:14:32,920 --> 00:14:36,080 Speaker 1: decentralized creators building that. That sounds pretty hard. Yeah, it's 319 00:14:36,080 --> 00:14:39,720 Speaker 1: a very hard problem. It's a very difficult problem. But 320 00:14:39,920 --> 00:14:42,720 Speaker 1: I think my thing when I thought about this was 321 00:14:43,320 --> 00:14:45,840 Speaker 1: I kind of semi retired after I sold my last business. 322 00:14:45,880 --> 00:14:48,120 Speaker 1: I was like, you know, I have enough money to 323 00:14:48,120 --> 00:14:50,040 Speaker 1: like basically be fine for the rest of my life. 324 00:14:50,520 --> 00:14:53,120 Speaker 1: I'm not going to work anymore. But when I got like, 325 00:14:53,240 --> 00:14:55,160 Speaker 1: I had this brain thing, and I talked about that 326 00:14:55,160 --> 00:14:57,440 Speaker 1: in some other podcasts, and I was like, I got 327 00:14:57,440 --> 00:14:59,400 Speaker 1: to try a really hard problem, Like I want to 328 00:14:59,400 --> 00:15:01,800 Speaker 1: solve something very difficult. So I went and found one 329 00:15:01,800 --> 00:15:03,400 Speaker 1: of the hardest things I could solve, because there's already 330 00:15:03,400 --> 00:15:05,120 Speaker 1: some guy trying to go to Mars. Someone else is 331 00:15:05,120 --> 00:15:08,640 Speaker 1: building electric cars, Like, let me try to solve this problem. 332 00:15:08,680 --> 00:15:12,000 Speaker 1: Speaking about that off topic, but Elon Musk has had 333 00:15:12,040 --> 00:15:16,200 Speaker 1: like four or five billion dollar companies in the last 334 00:15:16,280 --> 00:15:19,560 Speaker 1: five I think pomp just said this in every five years. 335 00:15:19,720 --> 00:15:22,560 Speaker 1: For the past twenty years, he's built a billion dollar business. 336 00:15:22,840 --> 00:15:26,040 Speaker 1: No one's ever done that before, right, Like from PayPal 337 00:15:26,640 --> 00:15:29,720 Speaker 1: to Tesla, to SpaceX, to the boring company solar City. 338 00:15:30,400 --> 00:15:32,840 Speaker 1: I mean, he acquired solar City. But like those are 339 00:15:32,840 --> 00:15:38,400 Speaker 1: the four that's gangster. The dude is gangster. Yeah, So 340 00:15:38,440 --> 00:15:40,480 Speaker 1: I want to talk about the decentralized network. So of 341 00:15:40,560 --> 00:15:43,240 Speaker 1: course I talk about the decentralized revolution eation every week 342 00:15:43,280 --> 00:15:45,440 Speaker 1: and how the world is breaking apart, how we've gone 343 00:15:45,440 --> 00:15:48,960 Speaker 1: to the centralized world, a centralized world being a one 344 00:15:48,960 --> 00:15:52,360 Speaker 1: of global cooperation and global governance, but also all of 345 00:15:52,400 --> 00:15:55,520 Speaker 1: our institutions have become centralized. And so as someone who's 346 00:15:55,560 --> 00:15:58,160 Speaker 1: been on the Internet since the early days, it started 347 00:15:58,240 --> 00:16:01,120 Speaker 1: very decentralized, but then it became very centralize where everything 348 00:16:01,240 --> 00:16:04,480 Speaker 1: basically got controlled by Google and Facebook, etc. And now 349 00:16:04,480 --> 00:16:07,000 Speaker 1: we've seen the problems that come from that, right, so 350 00:16:07,040 --> 00:16:10,320 Speaker 1: now we've seen them misuse our data and censor us 351 00:16:10,360 --> 00:16:12,640 Speaker 1: and all those types of things. And I talk about 352 00:16:12,640 --> 00:16:15,360 Speaker 1: the decentralized revolution, how the world is breaking apart. So 353 00:16:15,640 --> 00:16:20,160 Speaker 1: no more global homogeny, no more global US dollar reserve system, 354 00:16:20,160 --> 00:16:23,560 Speaker 1: but even our infrastructure we use, our messaging platforms and 355 00:16:23,560 --> 00:16:25,480 Speaker 1: stuff is starting to get decentralized. I mean, is that 356 00:16:25,520 --> 00:16:27,320 Speaker 1: sort of the revolution that you see within that space? 357 00:16:27,440 --> 00:16:30,360 Speaker 1: Absolutely and I think we need to think about decentralization 358 00:16:30,440 --> 00:16:33,840 Speaker 1: in three aspects. First is how do you decentralize your 359 00:16:33,960 --> 00:16:37,280 Speaker 1: authorization or identity online? The next thing is how do 360 00:16:37,320 --> 00:16:40,840 Speaker 1: you think about decent decentralizing how messages are pushed out 361 00:16:40,880 --> 00:16:43,240 Speaker 1: to many people? And the final pieces, how do you 362 00:16:43,240 --> 00:16:46,040 Speaker 1: decentralize the money. Because these are the three elements that 363 00:16:46,080 --> 00:16:48,320 Speaker 1: are required to truly build a network. You can't just 364 00:16:48,360 --> 00:16:49,920 Speaker 1: have one of the pieces. You You can't just have 365 00:16:50,120 --> 00:16:54,600 Speaker 1: decentralized identity without decentralized payments. You also can't have decentralized 366 00:16:55,040 --> 00:16:58,360 Speaker 1: messaging without an identity on top of that service. And 367 00:16:58,360 --> 00:16:59,960 Speaker 1: then you can't have data storage. So you have to 368 00:17:00,080 --> 00:17:02,920 Speaker 1: think about these problems I think in three prongs. Okay, 369 00:17:03,520 --> 00:17:06,800 Speaker 1: now those are not the problems, those are the solutions 370 00:17:06,840 --> 00:17:12,439 Speaker 1: to problems. I want to find out why should anybody care? So, like, 371 00:17:12,600 --> 00:17:16,440 Speaker 1: we have good messaging apps or payment apps, all those 372 00:17:16,440 --> 00:17:18,520 Speaker 1: things that you said, and we have those. Those are 373 00:17:18,560 --> 00:17:21,240 Speaker 1: centralized solutions. So we obviously have Facebook, and we obviously 374 00:17:21,240 --> 00:17:23,080 Speaker 1: have Twitter, and we obviously have cash app et cetera. 375 00:17:23,600 --> 00:17:25,080 Speaker 1: So I want to I want to talk more about 376 00:17:25,080 --> 00:17:28,720 Speaker 1: the inherent problems with those and then how decentralized apps 377 00:17:28,720 --> 00:17:32,359 Speaker 1: like Zion, like blue Sky could help solve that. So 378 00:17:32,359 --> 00:17:33,480 Speaker 1: I want to come back to that in a second. 379 00:17:33,480 --> 00:17:34,760 Speaker 1: If you're just tune in, you're listening to the Mark 380 00:17:34,800 --> 00:17:37,840 Speaker 1: Moss Show. I'm sitting down with Justin Risvani. We are 381 00:17:38,119 --> 00:17:42,640 Speaker 1: live in Wyoming, Jackson, Hawyoming at the Bitcoin ski Week conference. 382 00:17:42,840 --> 00:17:45,320 Speaker 1: We're not gonna come back. We're gonna talk about, like 383 00:17:45,359 --> 00:17:48,240 Speaker 1: I said, the problems from these centralized networks and how 384 00:17:48,320 --> 00:17:50,119 Speaker 1: there are solutions to those. We'll be back in a minute. 385 00:17:50,240 --> 00:17:51,960 Speaker 1: Don't go away, We're gonna be right back in a second. 386 00:17:53,240 --> 00:17:54,800 Speaker 1: All right, welcome back. If you just tune in, you 387 00:17:54,800 --> 00:17:57,720 Speaker 1: are listening to the Mark Moss Show talking about the 388 00:17:57,800 --> 00:18:00,520 Speaker 1: decentralized revolution. Like each and every week, I'm sitting down 389 00:18:00,560 --> 00:18:03,440 Speaker 1: with Justin Rosvani. We are coming to you from Jackson Whole, Wyoming, 390 00:18:03,560 --> 00:18:06,680 Speaker 1: in between some powder runs and some meetings and things 391 00:18:06,680 --> 00:18:08,400 Speaker 1: like that. It's been an amazing week. But we're talking 392 00:18:08,400 --> 00:18:12,960 Speaker 1: about decentralized networks, and so you were talking about the problems. 393 00:18:12,960 --> 00:18:15,480 Speaker 1: What you're talking about the problems and solving the problem. Sure, 394 00:18:15,560 --> 00:18:17,720 Speaker 1: so let's talk about the actual problems we're trying to solve. 395 00:18:17,920 --> 00:18:23,640 Speaker 1: So you mentioned messaging, you mentioned payments, and you mentioned ID. Yeah, 396 00:18:23,800 --> 00:18:25,880 Speaker 1: which one should we start with? Ident I think identity 397 00:18:25,960 --> 00:18:28,760 Speaker 1: is a good one to start because imagine we have 398 00:18:28,920 --> 00:18:31,480 Speaker 1: one point five billion people in the world that use 399 00:18:31,680 --> 00:18:34,880 Speaker 1: a centralized Gmail account to log into everything on the internet. 400 00:18:35,160 --> 00:18:37,360 Speaker 1: It probably use it to log into their bank account. 401 00:18:37,760 --> 00:18:39,720 Speaker 1: Is the user name of their bank accounts probably a 402 00:18:39,760 --> 00:18:42,560 Speaker 1: Gmail address. They called that like an sso I think, right, 403 00:18:42,640 --> 00:18:45,160 Speaker 1: single single sign on, So you can log into most 404 00:18:45,480 --> 00:18:48,400 Speaker 1: a lot of websites with either a Google or Facebook ID. Right. 405 00:18:48,640 --> 00:18:50,840 Speaker 1: But but I think the inherent problem with that is 406 00:18:50,840 --> 00:18:54,240 Speaker 1: like Google owns that ID, not you, and they everything 407 00:18:54,520 --> 00:18:57,840 Speaker 1: revolving around how the ID is managed is done in 408 00:18:57,880 --> 00:19:00,719 Speaker 1: a centralized way by Google, which means that everything you 409 00:19:00,760 --> 00:19:04,200 Speaker 1: log into with that address, they own the data too. 410 00:19:04,920 --> 00:19:07,200 Speaker 1: They know the websites, they know how it was authorized, 411 00:19:07,240 --> 00:19:09,280 Speaker 1: they know where it is. And this is the inherent 412 00:19:09,320 --> 00:19:12,280 Speaker 1: power of the data that Google has. So I believe 413 00:19:12,320 --> 00:19:16,439 Speaker 1: that there's an opportunity to actually decentralize the identity and 414 00:19:16,480 --> 00:19:18,359 Speaker 1: like own it for the first time on the web. 415 00:19:18,560 --> 00:19:21,040 Speaker 1: But let's before we talk about the solution to that problem. 416 00:19:21,040 --> 00:19:23,960 Speaker 1: The problem is then if Google, if I say something 417 00:19:24,000 --> 00:19:26,320 Speaker 1: mean online, they don't, like they could shut off my 418 00:19:27,520 --> 00:19:30,359 Speaker 1: account and then all those websites that I had access 419 00:19:30,400 --> 00:19:32,320 Speaker 1: to with my Google Google account has now gone Yeah. 420 00:19:32,359 --> 00:19:35,119 Speaker 1: Like like, what was really interesting I think yesterday was 421 00:19:35,840 --> 00:19:40,359 Speaker 1: Slack ban libs of TikTok's Slack account. Wow, they're like 422 00:19:40,440 --> 00:19:42,840 Speaker 1: they're like Seth Seth, the founder of the Babylon Be 423 00:19:42,960 --> 00:19:45,560 Speaker 1: tweeted this out. It's like, well, so this this messaging 424 00:19:45,600 --> 00:19:49,080 Speaker 1: service can ban companies from using their technology. I get 425 00:19:49,080 --> 00:19:51,959 Speaker 1: that it's fine, but that's like where we're at now, right, 426 00:19:52,040 --> 00:19:55,520 Speaker 1: Like a Twitter account that basically just share stuff, like 427 00:19:55,600 --> 00:19:58,920 Speaker 1: they don't produce any content, they just reshare stuff is 428 00:19:58,960 --> 00:20:01,440 Speaker 1: banned from Slack. So the thing that they were using 429 00:20:01,480 --> 00:20:04,920 Speaker 1: to conduct to conduct business, they're now banned off of. Yeah, 430 00:20:04,960 --> 00:20:09,200 Speaker 1: so that's the that's the inherent problem with centralized networks. 431 00:20:08,960 --> 00:20:10,879 Speaker 1: The one thing I'd like to keep in mind is 432 00:20:10,920 --> 00:20:14,720 Speaker 1: that while some of what you see is like extreme cases, 433 00:20:16,000 --> 00:20:17,920 Speaker 1: at some point it may not be so extreme. The 434 00:20:17,920 --> 00:20:20,359 Speaker 1: world is more polarized than ever before. So like, no 435 00:20:20,400 --> 00:20:22,560 Speaker 1: matter which side of an argument you're on, there's someone 436 00:20:22,600 --> 00:20:25,280 Speaker 1: on the other side. Absolutely your pro life, someone's pro choice. 437 00:20:25,320 --> 00:20:28,480 Speaker 1: You're a Republican someone's democrat, you're like liberal, someone's conservative, 438 00:20:28,520 --> 00:20:30,360 Speaker 1: Like someone's always gonna be on the side. And so 439 00:20:30,720 --> 00:20:32,439 Speaker 1: a lot of times you have to think about like, 440 00:20:32,480 --> 00:20:35,200 Speaker 1: even though you may think, oh that's good, I'm glad 441 00:20:35,240 --> 00:20:37,720 Speaker 1: they shut down, there's a tiptok well they're probably coming 442 00:20:37,720 --> 00:20:40,720 Speaker 1: for you next. Yeah, right, and that's the problem. Okay, 443 00:20:40,720 --> 00:20:43,520 Speaker 1: So so then the ID and then so if someone 444 00:20:43,520 --> 00:20:46,800 Speaker 1: could shut my ID off, they can deperson me. Yeah, 445 00:20:46,840 --> 00:20:49,840 Speaker 1: basically you can no longer log into all those services 446 00:20:49,880 --> 00:20:52,119 Speaker 1: that you were trying to log into, because what happens 447 00:20:52,119 --> 00:20:54,359 Speaker 1: when you hit that forgot password button? Where does it go? 448 00:20:55,320 --> 00:20:58,080 Speaker 1: Your email? Where's who? O's that email? They do exactly 449 00:20:58,200 --> 00:21:03,480 Speaker 1: all of these roads, interestingly, lead to this one service 450 00:21:03,600 --> 00:21:06,000 Speaker 1: for one point five billion people around the world. And 451 00:21:06,000 --> 00:21:07,800 Speaker 1: then let's talk about the payments piece. So then the 452 00:21:07,800 --> 00:21:11,480 Speaker 1: payments piece is, well, we can move money around. I 453 00:21:11,520 --> 00:21:13,640 Speaker 1: can send you money, you know you can. You can 454 00:21:13,680 --> 00:21:16,160 Speaker 1: have a credit card processing account because my credit card, 455 00:21:16,280 --> 00:21:18,800 Speaker 1: or I could use a PayPal But now we see 456 00:21:18,840 --> 00:21:21,200 Speaker 1: like PayPal is taking twenty five hundred dollars out of 457 00:21:21,240 --> 00:21:23,920 Speaker 1: people's accounts if they say something mean online. Yeah, they've 458 00:21:23,960 --> 00:21:26,280 Speaker 1: worked with the Anti Defamation League to create a blacklist 459 00:21:26,359 --> 00:21:29,160 Speaker 1: of all these accounts that should be banned for making payments. So, um, 460 00:21:30,000 --> 00:21:33,160 Speaker 1: if you know, if only fans I believe had their 461 00:21:33,160 --> 00:21:35,160 Speaker 1: credit card account turned off or something like that. Right, 462 00:21:35,200 --> 00:21:38,880 Speaker 1: So it's like, um, back to the same censorship problem. 463 00:21:38,920 --> 00:21:41,919 Speaker 1: If I'm doing something they whoever they are, don't like, 464 00:21:42,280 --> 00:21:45,280 Speaker 1: they take away my ability to transact sure and the 465 00:21:45,359 --> 00:21:49,280 Speaker 1: ability to move value across the web. And remember some 466 00:21:49,320 --> 00:21:52,760 Speaker 1: of these companies, like you mentioned only fans the payment 467 00:21:52,920 --> 00:21:56,920 Speaker 1: from the creator or the fan to the creator. Even 468 00:21:56,960 --> 00:22:00,359 Speaker 1: on a Patreon for example, there's like six companies knees 469 00:22:00,640 --> 00:22:04,880 Speaker 1: in between that transaction because there's like the credit card company, 470 00:22:05,760 --> 00:22:09,000 Speaker 1: the credit card processor different than the credit card by 471 00:22:09,040 --> 00:22:13,160 Speaker 1: the way, the website that hosts each of those companies, 472 00:22:13,200 --> 00:22:16,960 Speaker 1: because the processor needs a server to run on. Then 473 00:22:17,520 --> 00:22:20,480 Speaker 1: the credit card, and then the bank. The bank, like 474 00:22:20,720 --> 00:22:24,560 Speaker 1: all of these things are arbiters and kind of centralized 475 00:22:24,560 --> 00:22:26,840 Speaker 1: authorities that take a little piece along the way. They 476 00:22:26,840 --> 00:22:28,919 Speaker 1: all take a fee, and they all could censor you 477 00:22:28,960 --> 00:22:31,120 Speaker 1: one hundred percent of one decides that we don't only 478 00:22:31,320 --> 00:22:33,680 Speaker 1: want to do this is and I don't think people 479 00:22:33,680 --> 00:22:37,159 Speaker 1: will realize how centralized the money system really is. Like 480 00:22:37,600 --> 00:22:41,919 Speaker 1: we run on visa rails or MasterCard rails or swift rails, like, 481 00:22:41,920 --> 00:22:45,840 Speaker 1: we use all these systems, and they're highly complex and 482 00:22:45,920 --> 00:22:48,600 Speaker 1: highly centralized. And the point that I always like to make, 483 00:22:48,640 --> 00:22:50,200 Speaker 1: and you've probably heard me say it a bunch of times, 484 00:22:50,240 --> 00:22:54,960 Speaker 1: is that without the freedom to transact, there is no freedom. 485 00:22:55,680 --> 00:22:59,560 Speaker 1: That's it. Yeah. So even though in America we're guaranteed 486 00:23:00,000 --> 00:23:02,760 Speaker 1: freedoms through the Constitution, like freedom of assembly, your freedom 487 00:23:02,800 --> 00:23:05,560 Speaker 1: of speech, if I can't put gas in my truck 488 00:23:05,560 --> 00:23:09,120 Speaker 1: to drive to the assembly, I can't assemble, right, Um, 489 00:23:09,160 --> 00:23:11,399 Speaker 1: If I can't, if I can't pay for a computer 490 00:23:11,520 --> 00:23:13,560 Speaker 1: or phone to go on social media, I have no speech. 491 00:23:14,240 --> 00:23:18,040 Speaker 1: And so it all freedoms come from the ability to transact, 492 00:23:18,480 --> 00:23:20,480 Speaker 1: and so that that's like the most important one. And 493 00:23:20,520 --> 00:23:23,960 Speaker 1: then so you said I d you said, uh, payments, 494 00:23:23,960 --> 00:23:26,080 Speaker 1: and then you said messaging, messaging and data storage. I 495 00:23:26,080 --> 00:23:28,640 Speaker 1: would I would put them together because it's effectively how 496 00:23:28,800 --> 00:23:33,119 Speaker 1: is this message moved across devices on the web and 497 00:23:33,160 --> 00:23:36,840 Speaker 1: then more particularly, where is it stored when that happens? Okay, 498 00:23:37,640 --> 00:23:40,800 Speaker 1: So then messaging, So again back to you know, accounts 499 00:23:40,800 --> 00:23:44,280 Speaker 1: being banned on Twitter, right, Facebook shutting down accounts when 500 00:23:44,520 --> 00:23:47,840 Speaker 1: when Um, there's two topics that I can't talk about 501 00:23:47,880 --> 00:23:49,760 Speaker 1: on YouTube that I just try and stay super clear 502 00:23:49,920 --> 00:23:53,000 Speaker 1: away from. And one was the elections, and the second 503 00:23:53,160 --> 00:23:56,280 Speaker 1: was the pandemic and the medicine and all that which 504 00:23:56,320 --> 00:23:58,480 Speaker 1: I can't even use that real word um, And so 505 00:23:58,520 --> 00:24:00,440 Speaker 1: I wouldn't stay say those things. When when they first 506 00:24:00,440 --> 00:24:03,640 Speaker 1: started cracking down on the whole election thing, eight thousand 507 00:24:03,680 --> 00:24:07,359 Speaker 1: accounts on YouTube were shut down within a week. So 508 00:24:07,480 --> 00:24:10,640 Speaker 1: that's the messaging. So again, when you don't own your messaging, 509 00:24:10,720 --> 00:24:14,119 Speaker 1: you're on somebody else's platform, then they have the ability 510 00:24:14,160 --> 00:24:16,480 Speaker 1: to censor what you say. And these are we have 511 00:24:16,520 --> 00:24:19,600 Speaker 1: to remember that all of these systems are just waled gardens, 512 00:24:20,080 --> 00:24:23,399 Speaker 1: right like Twitter is a waled garden, Facebook is a 513 00:24:23,440 --> 00:24:26,280 Speaker 1: walled garden. YouTube and Google are all the war garden. 514 00:24:26,320 --> 00:24:29,840 Speaker 1: They're all separately, and they can all separately decide do 515 00:24:29,920 --> 00:24:32,920 Speaker 1: the messages are they even allowed to be sent within 516 00:24:32,960 --> 00:24:37,160 Speaker 1: their own private networks? Even in the dms. Everything I've 517 00:24:37,160 --> 00:24:39,320 Speaker 1: had dms get rejected where I can't send a link 518 00:24:39,400 --> 00:24:41,520 Speaker 1: or I can't send whatever even in a DM. I mean, 519 00:24:41,560 --> 00:24:43,560 Speaker 1: something that's interesting to me is like we've gone to 520 00:24:43,600 --> 00:24:46,720 Speaker 1: a place where hundreds of millions, Like there's a guy, 521 00:24:47,160 --> 00:24:49,240 Speaker 1: the guy we just talked about, can basically go look 522 00:24:49,280 --> 00:24:51,639 Speaker 1: at every DM we've ever sent to somebody else, and that, 523 00:24:51,720 --> 00:24:55,240 Speaker 1: to me, that's gangster. That's crazy. Like he can look 524 00:24:55,280 --> 00:24:58,359 Speaker 1: at him bad for potentially good for him, bad for 525 00:24:58,400 --> 00:25:01,480 Speaker 1: everybody else. And everyone says, oh no, you can read everything. 526 00:25:01,680 --> 00:25:04,480 Speaker 1: This is not nothing's encrypted and their data. Like I 527 00:25:04,480 --> 00:25:07,320 Speaker 1: think what people forget about these systems is like the 528 00:25:07,720 --> 00:25:12,400 Speaker 1: language of my Instagram, my Twitter, my Facebook, my YouTube, 529 00:25:12,680 --> 00:25:16,200 Speaker 1: it's actually not your anything. It's your log in that 530 00:25:16,240 --> 00:25:19,280 Speaker 1: they can do whatever they want with and you pray 531 00:25:19,320 --> 00:25:22,760 Speaker 1: that they get your stuff out. Yeah, and even when 532 00:25:22,800 --> 00:25:26,200 Speaker 1: you're using privacy apps like Signal or Telegram, it's still 533 00:25:26,280 --> 00:25:30,440 Speaker 1: going through their server, which whatever they good guy double 534 00:25:30,520 --> 00:25:32,919 Speaker 1: pinky swear promise not to do anything with it, but 535 00:25:32,960 --> 00:25:36,320 Speaker 1: it's they're going through their server. Okay, so let's talk 536 00:25:36,359 --> 00:25:38,879 Speaker 1: about So those are the problems. Now, I'll let you 537 00:25:38,960 --> 00:25:41,920 Speaker 1: kind of think about how those problems could maybe apply 538 00:25:41,960 --> 00:25:45,040 Speaker 1: to your life at some point. Remember, I think adversarial, like, 539 00:25:45,040 --> 00:25:46,240 Speaker 1: there's always gonna be some on of the other side 540 00:25:46,240 --> 00:25:48,199 Speaker 1: of equations. So let's talk about some of the solutions 541 00:25:49,600 --> 00:25:52,240 Speaker 1: to those problems. So should we start back at the top, 542 00:25:52,280 --> 00:25:55,040 Speaker 1: which is I D sure? I mean, I think that 543 00:25:55,440 --> 00:25:58,840 Speaker 1: one of the potential things that we're working on is 544 00:25:58,840 --> 00:26:01,239 Speaker 1: this concept of a D I D right. So it's 545 00:26:01,280 --> 00:26:05,800 Speaker 1: a decentralized identifier that you own through this set of 546 00:26:05,800 --> 00:26:07,720 Speaker 1: a private key. Like for example, if you go to 547 00:26:07,720 --> 00:26:10,240 Speaker 1: a Zion dot fyi and you create an account on Zion, 548 00:26:10,480 --> 00:26:13,360 Speaker 1: which you should do, which you should do. We're not 549 00:26:13,640 --> 00:26:15,960 Speaker 1: creating an account on a database for you. What we're 550 00:26:15,960 --> 00:26:19,240 Speaker 1: doing is we're assigning you twelve words. This is your 551 00:26:19,240 --> 00:26:22,119 Speaker 1: private key, encrypted by these twelve words, and then we 552 00:26:22,160 --> 00:26:25,720 Speaker 1: assign you a DID A did. Is this decentralized identifier 553 00:26:25,760 --> 00:26:28,440 Speaker 1: that you own? Then we take that ID. Why is 554 00:26:28,440 --> 00:26:33,240 Speaker 1: it decentralized because it's not sitting on a server that's 555 00:26:33,280 --> 00:26:36,240 Speaker 1: owned by Zion. It's actually held on the bitcoin block chain. 556 00:26:36,359 --> 00:26:40,399 Speaker 1: So it's not holding like Facebook server or Twitter servers. Yeah, exactly, 557 00:26:40,440 --> 00:26:43,320 Speaker 1: It's held on the Bitcoin block change and nobody controls 558 00:26:43,400 --> 00:26:47,440 Speaker 1: or has access or exactly. So now now the Registar, 559 00:26:47,840 --> 00:26:51,679 Speaker 1: the database that holds the identity, is the most secure 560 00:26:51,720 --> 00:26:54,280 Speaker 1: immutable thing ever created. And now if we have this 561 00:26:54,440 --> 00:26:58,679 Speaker 1: interoperable ID, that's where we see the big opportunities, This 562 00:26:58,760 --> 00:27:02,120 Speaker 1: interoperable idea that can long into many applications because it's 563 00:27:02,119 --> 00:27:04,399 Speaker 1: not another world garden. Yeah, this is exciting. This is 564 00:27:04,440 --> 00:27:06,399 Speaker 1: where we get into really exciting stuff thinking about the 565 00:27:06,440 --> 00:27:08,240 Speaker 1: future because we have a new set of building blocks 566 00:27:08,280 --> 00:27:10,440 Speaker 1: to build new things. We're gonna talk more about that 567 00:27:10,480 --> 00:27:12,040 Speaker 1: in a minute. If you're just tune in, you're listening 568 00:27:12,080 --> 00:27:15,399 Speaker 1: to the Mark Moss Show talking with Justin Risvoni, the 569 00:27:15,400 --> 00:27:18,400 Speaker 1: founder of Zion dot fyi. You should check it out. 570 00:27:18,600 --> 00:27:19,920 Speaker 1: We're gonna come back in a minute and talk to 571 00:27:19,960 --> 00:27:22,080 Speaker 1: you more about these decentralized networks, a couple of them 572 00:27:22,160 --> 00:27:24,360 Speaker 1: out there, how you can use them. So don't go away, 573 00:27:24,400 --> 00:27:30,560 Speaker 1: we'll be right back with more. All right, welcome back. 574 00:27:30,560 --> 00:27:32,119 Speaker 1: If you're just tune in, you are listening to the 575 00:27:32,160 --> 00:27:34,960 Speaker 1: Mark Moss Show, and I'm sitting down with Justin Risvoni, 576 00:27:35,040 --> 00:27:37,560 Speaker 1: the founder of Zion. You can check them out at 577 00:27:37,640 --> 00:27:41,320 Speaker 1: Zion dot fyi. And we're coming to you from Jackson Whole, 578 00:27:41,320 --> 00:27:44,640 Speaker 1: Wyoming beautiful Jackson Hole and taking just a long enough 579 00:27:44,680 --> 00:27:47,240 Speaker 1: break to take a break from the snow to come 580 00:27:47,240 --> 00:27:49,120 Speaker 1: talk to you for a second. But we're talking about 581 00:27:49,160 --> 00:27:52,680 Speaker 1: we've we've been framing up some of the problems and 582 00:27:52,960 --> 00:27:55,320 Speaker 1: we're talking about some of the solutions. If you've missed 583 00:27:55,320 --> 00:27:56,840 Speaker 1: any of this, check it out on the podcast just 584 00:27:56,840 --> 00:27:58,720 Speaker 1: search the Mark Moss Show in any of your favorite 585 00:27:58,720 --> 00:28:02,520 Speaker 1: podcast players, or on the Market Disruptors YouTube channel. Now 586 00:28:03,680 --> 00:28:06,560 Speaker 1: back to so the d ID. It allows me to 587 00:28:06,600 --> 00:28:08,880 Speaker 1: control my ID. So instead of signing in with Google 588 00:28:08,960 --> 00:28:11,159 Speaker 1: or Facebook where they could shut me off, now I 589 00:28:11,240 --> 00:28:14,119 Speaker 1: control it and nobody can shut it down. And most importantly, 590 00:28:14,240 --> 00:28:16,760 Speaker 1: you can log into many things because of this, Once 591 00:28:16,880 --> 00:28:20,240 Speaker 1: applications realize like I don't have to build my own 592 00:28:20,320 --> 00:28:23,159 Speaker 1: authorization server and I can use this open one, it 593 00:28:23,160 --> 00:28:25,399 Speaker 1: actually makes it easier for developers to now use this 594 00:28:25,440 --> 00:28:28,840 Speaker 1: inherent an ID. You have one log into many applications. Right, 595 00:28:29,000 --> 00:28:32,240 Speaker 1: That's the beauty of this idea of decentralized identification, and 596 00:28:33,119 --> 00:28:34,440 Speaker 1: just not I don't want to spend a lot of 597 00:28:34,480 --> 00:28:37,119 Speaker 1: time here, but just to think about the future implications 598 00:28:37,240 --> 00:28:40,680 Speaker 1: of this. Talking with Daniel, one of one of the 599 00:28:40,720 --> 00:28:43,320 Speaker 1: developers of this, you know, he was talking about I think, like, 600 00:28:44,080 --> 00:28:46,200 Speaker 1: you know, he gave me the analogy of like if 601 00:28:46,240 --> 00:28:48,200 Speaker 1: I had to change my mailing address and I have 602 00:28:48,200 --> 00:28:50,720 Speaker 1: to notify however, many hundreds of people, and like still 603 00:28:50,800 --> 00:28:52,960 Speaker 1: mail goes to the wrong place. But imagine if every 604 00:28:52,960 --> 00:28:56,280 Speaker 1: time someone to send me something a Christmas card or 605 00:28:56,320 --> 00:28:58,520 Speaker 1: a package, they would just ping my did and it 606 00:28:58,520 --> 00:29:00,920 Speaker 1: would tell them where to send it exactly. That's that's 607 00:29:00,920 --> 00:29:05,160 Speaker 1: why this interoperable identifier that's on the web is really exciting. 608 00:29:05,160 --> 00:29:07,360 Speaker 1: And by the way, this is not something we've made 609 00:29:07,440 --> 00:29:10,560 Speaker 1: up a few months ago. There's a there's a there's 610 00:29:10,560 --> 00:29:14,280 Speaker 1: a group called the W three C, the Worldwide Consortium. 611 00:29:14,360 --> 00:29:16,760 Speaker 1: This is this is who sets all the standards for 612 00:29:16,800 --> 00:29:20,360 Speaker 1: the Internet. That's what made the Internet. Basically. They added 613 00:29:20,440 --> 00:29:24,240 Speaker 1: in July that the new way to identify a user 614 00:29:24,320 --> 00:29:26,840 Speaker 1: on the Internet is through a d I D. So 615 00:29:26,920 --> 00:29:29,160 Speaker 1: this is not something that like Zion has made up 616 00:29:29,280 --> 00:29:33,360 Speaker 1: or it's it's actually now become this interoperable standard for 617 00:29:33,440 --> 00:29:36,600 Speaker 1: the web as important as email. And I think this 618 00:29:36,680 --> 00:29:38,480 Speaker 1: is going to be something really really big that we're 619 00:29:38,480 --> 00:29:39,680 Speaker 1: going to see in the next couple of years that 620 00:29:39,680 --> 00:29:43,120 Speaker 1: everyone is using. Yeah, I think it's amazing. I think, 621 00:29:43,480 --> 00:29:46,800 Speaker 1: like I said, the way that I think about technology 622 00:29:46,840 --> 00:29:48,720 Speaker 1: and try to extrapolate where it goes in the future 623 00:29:48,840 --> 00:29:51,720 Speaker 1: is that we have a new set of building blocks. 624 00:29:52,240 --> 00:29:54,160 Speaker 1: So if I handed you a deck of cards, you 625 00:29:54,160 --> 00:29:56,400 Speaker 1: could build me like a TP or like a little 626 00:29:56,520 --> 00:29:58,520 Speaker 1: house of cards. Right if I gave you a set 627 00:29:58,520 --> 00:30:02,040 Speaker 1: of legos, you build something different. So like steel was 628 00:30:02,080 --> 00:30:05,840 Speaker 1: one of the technological revolutions. It was the third technological revolution, 629 00:30:06,400 --> 00:30:09,760 Speaker 1: and it allowed us to build all our buildings and bridges. 630 00:30:09,880 --> 00:30:12,440 Speaker 1: That was cool. We didn't know that we'd have space 631 00:30:12,440 --> 00:30:15,800 Speaker 1: shuttles one day. But with that new set of building blocks, 632 00:30:15,800 --> 00:30:17,880 Speaker 1: we were able to build new things. And the Bitcoin, 633 00:30:18,000 --> 00:30:22,080 Speaker 1: the bitcoin blockchain, like the first killer application, is obviously money, 634 00:30:23,120 --> 00:30:25,280 Speaker 1: but it's given us a new set of building blocks 635 00:30:25,320 --> 00:30:26,959 Speaker 1: that allows us to build new things that we don't know. 636 00:30:27,120 --> 00:30:29,840 Speaker 1: And one is like a decentralized ID for example. Of course, 637 00:30:29,960 --> 00:30:31,960 Speaker 1: now let's talk about some of these decentralized networks. So 638 00:30:32,920 --> 00:30:36,160 Speaker 1: Jack Dorsey, the founder of Twitter, he left Twitter and 639 00:30:37,000 --> 00:30:38,440 Speaker 1: he said that he wants to focus the rest of 640 00:30:38,440 --> 00:30:42,360 Speaker 1: his life on bitcoin. He's launched a new version, a 641 00:30:42,440 --> 00:30:44,800 Speaker 1: decentralized version of Twitter, which he started working on when 642 00:30:44,800 --> 00:30:46,800 Speaker 1: he was still at Twitter, and it's called Blue Sky. 643 00:30:46,840 --> 00:30:50,200 Speaker 1: It's in beta. I don't have access to it right now. 644 00:30:50,400 --> 00:30:52,040 Speaker 1: It's like a new version of Twitter. But there's there's 645 00:30:52,040 --> 00:30:53,960 Speaker 1: a lot of social media is a very generic term, 646 00:30:54,240 --> 00:30:58,800 Speaker 1: and so there's different types of social media network. So Twitter, 647 00:30:58,920 --> 00:31:01,440 Speaker 1: for example, I can make a post, people can comment 648 00:31:01,440 --> 00:31:04,640 Speaker 1: on it. Facebook, you know, has more like the same 649 00:31:04,680 --> 00:31:07,560 Speaker 1: but also as like groups. YouTube obviously is just kind 650 00:31:07,560 --> 00:31:10,120 Speaker 1: of videos, right, So there's different types. So you have 651 00:31:10,200 --> 00:31:14,520 Speaker 1: Jack Dorsey's this new Blue Sky, you have Nostre, which 652 00:31:14,560 --> 00:31:18,160 Speaker 1: is now kind of like this decentralized Twitter almost as well. 653 00:31:18,680 --> 00:31:20,920 Speaker 1: And then Zion is in sort of like a different 654 00:31:20,960 --> 00:31:24,560 Speaker 1: category where it's more about like communities, where like I'm 655 00:31:24,600 --> 00:31:26,320 Speaker 1: building the Mark Moss community by the way, so check 656 00:31:26,360 --> 00:31:28,160 Speaker 1: it out. Download Zion dot fi and I'm gonna be 657 00:31:28,160 --> 00:31:30,200 Speaker 1: building my community there. But I can actually have a 658 00:31:30,200 --> 00:31:33,360 Speaker 1: community similar to like Facebook groups or something, and Telegram, yes, 659 00:31:33,360 --> 00:31:35,240 Speaker 1: and Telegram, so sort of like a Telegram where I 660 00:31:35,240 --> 00:31:37,080 Speaker 1: could create a group and then we could join it 661 00:31:37,080 --> 00:31:39,520 Speaker 1: everyone could talk within this. Sure, sure like building a community. 662 00:31:39,560 --> 00:31:42,480 Speaker 1: And what's cool about that is you own that relationship 663 00:31:42,520 --> 00:31:45,800 Speaker 1: through that idea that we talked about earlier. Yeah, or 664 00:31:45,920 --> 00:31:47,920 Speaker 1: the way that I like to look at it is 665 00:31:47,920 --> 00:31:51,880 Speaker 1: actually like a decentralized only fans. Yeah, so like only 666 00:31:51,920 --> 00:31:54,400 Speaker 1: fans obviously, I'm sure your first thought of that is 667 00:31:54,440 --> 00:31:56,960 Speaker 1: like porn or something, right, But really it was a 668 00:31:57,000 --> 00:32:01,240 Speaker 1: way for creators to create content directly for their community 669 00:32:01,280 --> 00:32:04,240 Speaker 1: and get paid for it. So I can have a group, 670 00:32:04,280 --> 00:32:07,040 Speaker 1: a Facebook group, a community there, but I have no 671 00:32:07,120 --> 00:32:11,040 Speaker 1: way to really get paid. The people in my community 672 00:32:11,080 --> 00:32:12,760 Speaker 1: have no way to pay me. So Only Fans was 673 00:32:12,840 --> 00:32:14,280 Speaker 1: kind of this way where I could create my own 674 00:32:14,440 --> 00:32:17,000 Speaker 1: sort of like a Patreon. I can create a community 675 00:32:17,000 --> 00:32:19,440 Speaker 1: and if people like what I provide, they can pay 676 00:32:19,480 --> 00:32:23,000 Speaker 1: me sure, And so only Fans is actually pretty cool, 677 00:32:23,080 --> 00:32:25,200 Speaker 1: but the problem has been kind of taken over by porn, which, 678 00:32:25,320 --> 00:32:29,520 Speaker 1: interesting enough, porn is the first use case of all 679 00:32:29,560 --> 00:32:33,920 Speaker 1: new technology. So when the VCR first came out, it 680 00:32:34,000 --> 00:32:37,480 Speaker 1: was only being used for porn. And the first thing 681 00:32:37,560 --> 00:32:40,680 Speaker 1: that made the vcrgo mainstream was Disney finally made a 682 00:32:40,720 --> 00:32:42,240 Speaker 1: movie on it. But Disney didn't want to do it 683 00:32:42,240 --> 00:32:45,120 Speaker 1: because it was known as porne, so Disney was afraid, 684 00:32:45,160 --> 00:32:46,920 Speaker 1: but they finally did and it made a mainstream and 685 00:32:46,960 --> 00:32:50,040 Speaker 1: what was the first use case of internet porn as well. 686 00:32:50,840 --> 00:32:53,000 Speaker 1: But it sort of has this stigma, But now you 687 00:32:53,040 --> 00:32:55,080 Speaker 1: have an opportunity to kind of give like these creators 688 00:32:55,080 --> 00:32:56,960 Speaker 1: a place to go to have sort of that same 689 00:32:57,080 --> 00:33:00,000 Speaker 1: kind of flexibility and get paid directly for their value ultimately. 690 00:33:00,080 --> 00:33:02,360 Speaker 1: And I think the thing about Only Fans is because 691 00:33:02,400 --> 00:33:05,640 Speaker 1: of their legacy way they use payments, they take twenty 692 00:33:05,640 --> 00:33:08,720 Speaker 1: percent of the transaction and Zion takes zero. Like to 693 00:33:08,760 --> 00:33:11,440 Speaker 1: give you context, if you're a creator that's earning one 694 00:33:11,480 --> 00:33:13,960 Speaker 1: hundred thousand dollars a month on Only Fans and you 695 00:33:14,000 --> 00:33:16,920 Speaker 1: move your audience over to Zion, you keep twenty percent 696 00:33:16,960 --> 00:33:19,400 Speaker 1: of that revenue directly. And the reason we can do that, 697 00:33:19,680 --> 00:33:21,880 Speaker 1: and this is a twenty percent is a lot of money. 698 00:33:22,080 --> 00:33:24,200 Speaker 1: The reason we can do that is because we're optimizing 699 00:33:24,440 --> 00:33:27,720 Speaker 1: an advanced payment rail system that's beyond a credit card, 700 00:33:28,160 --> 00:33:31,960 Speaker 1: beyond using bitcoin effectively. Yeah, so I think it's amazing 701 00:33:32,000 --> 00:33:33,360 Speaker 1: for that. Like I said, that's why I want to 702 00:33:33,360 --> 00:33:35,080 Speaker 1: be moving over there. The one thing I think about 703 00:33:35,120 --> 00:33:38,920 Speaker 1: as a content creator is, um, you know, I'm creating 704 00:33:38,960 --> 00:33:42,480 Speaker 1: content on YouTube and I'm creating content on Instagram or whatever. 705 00:33:42,720 --> 00:33:44,400 Speaker 1: But at any given time they want, they could just 706 00:33:44,400 --> 00:33:47,920 Speaker 1: shut me down, and like that's my life. Yeah, Like 707 00:33:48,040 --> 00:33:51,000 Speaker 1: that's my career, right, Like that's where I drive all 708 00:33:51,000 --> 00:33:54,720 Speaker 1: my revenue from, right, and like if they shut that down, 709 00:33:54,800 --> 00:33:58,800 Speaker 1: like they shut me off with a light switch, and 710 00:33:58,880 --> 00:34:02,440 Speaker 1: that affects my family. That affects my kids, and that's 711 00:34:02,440 --> 00:34:05,080 Speaker 1: a big deal for me, So like I need to 712 00:34:05,120 --> 00:34:09,520 Speaker 1: be I can't like have my whole life in the 713 00:34:09,600 --> 00:34:12,759 Speaker 1: hands of some low level administrator at some company that 714 00:34:12,800 --> 00:34:15,160 Speaker 1: I don't even know, that makes arbitrary rules based off 715 00:34:15,160 --> 00:34:17,600 Speaker 1: of who knows what. In any given time, with a 716 00:34:17,640 --> 00:34:18,960 Speaker 1: flick of a switch, they could shut me off and 717 00:34:19,000 --> 00:34:23,440 Speaker 1: I have no recourse, no appeal process, no legal and 718 00:34:23,480 --> 00:34:26,360 Speaker 1: they could literally shut me off and ruin my kids lives. 719 00:34:28,560 --> 00:34:30,440 Speaker 1: The amount of power and control has been given to 720 00:34:30,440 --> 00:34:32,840 Speaker 1: these centralized institutions is just incredible when you start to 721 00:34:32,840 --> 00:34:35,160 Speaker 1: think about it. Yeah, and because they don't just own 722 00:34:35,400 --> 00:34:39,319 Speaker 1: the relationship, they own the distribution, They own where the 723 00:34:39,360 --> 00:34:42,400 Speaker 1: content goes because you're going through their portal. And I 724 00:34:42,440 --> 00:34:45,520 Speaker 1: think the vision of where we think a decentralized Internet 725 00:34:45,520 --> 00:34:48,600 Speaker 1: should go is Zion is building the tools to say, 726 00:34:48,640 --> 00:34:53,120 Speaker 1: imagine Instagram, but you can take all your followers with you. 727 00:34:53,960 --> 00:34:56,640 Speaker 1: That's I think the biggest breakthrough of all this technology 728 00:34:56,760 --> 00:34:59,480 Speaker 1: is that now the way you reference an individual isn't 729 00:34:59,480 --> 00:35:02,080 Speaker 1: through essential system. Is you can have this breakthrough and 730 00:35:02,120 --> 00:35:04,399 Speaker 1: take all your fans with you. To the next one. Yeah. 731 00:35:04,440 --> 00:35:06,640 Speaker 1: I think that's a big breakthrough. Like yeah, and then 732 00:35:06,680 --> 00:35:08,640 Speaker 1: I love the fact so back kind of this only 733 00:35:08,640 --> 00:35:11,839 Speaker 1: fan example, a clean version of only fans. Yeah, of course, 734 00:35:12,480 --> 00:35:15,200 Speaker 1: I think, um, you know, the ability to pay directly 735 00:35:15,440 --> 00:35:17,320 Speaker 1: and so, and then not only does it do messaging, 736 00:35:17,400 --> 00:35:19,120 Speaker 1: not only that I got to control my identifier, but 737 00:35:19,160 --> 00:35:23,279 Speaker 1: we can actually send communication. And when we consider money 738 00:35:23,320 --> 00:35:27,279 Speaker 1: as communication, payment as a communication community communicating value, so 739 00:35:27,560 --> 00:35:32,080 Speaker 1: we can exchange messages and communication seamlessly. Yeah. And also 740 00:35:32,400 --> 00:35:34,520 Speaker 1: at the hardest money ever created. I mean last night 741 00:35:34,600 --> 00:35:38,319 Speaker 1: with James, you saw how fast those transactions move like 742 00:35:38,400 --> 00:35:41,560 Speaker 1: it's it's it's when you see it, you're like holy, 743 00:35:41,920 --> 00:35:44,480 Speaker 1: Like when you see these two applications that have no 744 00:35:44,560 --> 00:35:47,239 Speaker 1: relationship with each other, that can fund each other. Like 745 00:35:47,320 --> 00:35:50,440 Speaker 1: last night, we funded James's wallet with cash app on 746 00:35:50,520 --> 00:35:52,879 Speaker 1: my cash app. Cash app is not an app that 747 00:35:53,120 --> 00:35:55,319 Speaker 1: Zion has a partnership with. We have no relationship, there's 748 00:35:55,320 --> 00:35:58,640 Speaker 1: no API, and within half a second the moment I 749 00:35:58,719 --> 00:36:02,120 Speaker 1: hit the button, it imediately funded the Lightning wallet on 750 00:36:02,160 --> 00:36:05,120 Speaker 1: the Zion side. I think that's the incredible nature of 751 00:36:05,160 --> 00:36:07,120 Speaker 1: how this money moves peer to peer at the speed 752 00:36:07,120 --> 00:36:11,080 Speaker 1: of light. Yeah, only fans requires a thirty days settlement process. 753 00:36:11,200 --> 00:36:16,640 Speaker 1: We were we require thirty milliseconds. Wow, it's really hard 754 00:36:16,680 --> 00:36:19,120 Speaker 1: to think about where this goes, but I'm super bullish 755 00:36:19,160 --> 00:36:21,560 Speaker 1: on it because, as I said, without the freedom to transact, 756 00:36:21,560 --> 00:36:25,680 Speaker 1: there is no freedom. So first, private property rights. Second communication, 757 00:36:25,719 --> 00:36:28,560 Speaker 1: we have to be able to communicate freely, openly, truthfully, 758 00:36:29,239 --> 00:36:32,040 Speaker 1: both with our messaging as well as our money, and 759 00:36:32,080 --> 00:36:35,040 Speaker 1: so decentralized networks is bringing that back. Zion dot Fyi 760 00:36:35,200 --> 00:36:37,879 Speaker 1: check it out. Check out Jack Dorsey's new Blue Sky 761 00:36:37,960 --> 00:36:40,800 Speaker 1: that's opening up is going to open up an amazing 762 00:36:40,800 --> 00:36:42,920 Speaker 1: opportunity and change the world in my opinion. If you're 763 00:36:42,960 --> 00:36:44,759 Speaker 1: just doing in you're listening to the Markmas Show. We've 764 00:36:44,800 --> 00:36:47,600 Speaker 1: been talking about the decentralized revolution in studio with Justin 765 00:36:47,719 --> 00:36:51,280 Speaker 1: Rezvani from Zion dot Fyi. Check them out. I'm building 766 00:36:51,280 --> 00:36:54,239 Speaker 1: my community there, that's what I got. Thanks so much 767 00:36:54,239 --> 00:36:55,920 Speaker 1: for listening today. Shoot me a message, let me know 768 00:36:55,920 --> 00:36:57,480 Speaker 1: if you've heard the show, ask me any questions you 769 00:36:57,520 --> 00:37:00,480 Speaker 1: have until next time. Thank you, thank you,