Subscribe
Share
Share
Embed
NET Society is unraveling the latest in digital art, crypto, AI, and tech. Join us for fresh insights and bold perspectives as we tap into wild, thought-provoking conversations. By: Derek Edwards (glitch marfa / collab+currency), Chris Furlong (starholder, LAO + Flamingo DAO), and Aaaron Wright & Priyanka Desai (Tribute Labs)
00;00;00;00 - 00;00;21;16
Aaron
I do feel like there's going to be more NFT meme coin stuff. Is that your sense?
00;00;21;19 - 00;00;47;17
Derek
Yeah. I mean, I'll tackle that first. I, I, I feel like with the new kind of legislative and regulatory kind of excitement around this asset class, I mean, earlier this week, I think there's a number of orders from, from our new president to kind of start setting up groups. Those could be working groups, those could be folks that are kind of, leading the charge on figuring out what digital assets look like in the US.
00;00;47;18 - 00;01;09;05
Derek
And there's like a press blitz that's happening as well around that. And I think when folks have been building it for a long time, see that enthusiasm? I think the first question they ask themselves is like, how what what what does this new paradigm mean for us to be able to kind of create our product and service in a way that lends itself nicely to the fact that tokens can be a part of that vision?
00;01;09;11 - 00;01;32;01
Derek
I think that includes meme tokens. I think that includes NFTs. I think that includes governance tokens. And I think the appetite or at least, interest level for how to bring some of that stuff forward into your product or, or into your protocol today is really at like, it's at a fever pitch from, from all indications, you know, that I'm seeing it.
00;01;32;01 - 00;01;54;24
Aaron
Does field fever pitch. I mean, I was heartened to see David Sax call NFTs, collectibles, and I guess meme coins, too. I forgot the the word. That was what the show he was on. But I thought that was kind of notable to. We haven't heard such clarity just around either. Those two large digital asset classes up into this point.
00;01;54;27 - 00;02;11;06
Aaron
Like the last thing we heard about, like, NFTs, was like the outgoing SEC chair refusing to call a Pokemon card that was tokenized, you know, commodity. So, that that was at least encouraging. What do you think happens? Like, are we just going to see, like, an explosion of these things?
00;02;11;11 - 00;02;35;01
Chris
Yeah, it's a tragedy. The Commons problem. Right. Where everyone who goes early will do well. And I don't know, everyone else is going to have to jump in because required to on necessity it will flood. You know, it's almost like we're just playing back the, the token in for glut, we saw, you know, earlier on this year, but I don't know, maybe it's a brand new day.
00;02;35;02 - 00;02;38;29
Chris
Maybe this internet money is actually magic. We'll see.
00;02;39;01 - 00;02;41;06
Aaron
Internet money is definitely interesting.
00;02;41;09 - 00;02;47;05
Pri
I love the irreverence, Chris. You're just like, maybe this is real. In your token third cycle.
00;02;47;05 - 00;02;50;08
Chris
Three third cycle. Oh, hell. You to get by.
00;02;50;10 - 00;03;13;11
Pri
You're battered. Welcome to net society. We're a podcast that discusses digital art, crypto, AI, tech, often bringing deep insights, fresh perspectives, and hang on some themes that we tend to chat about. I'm under calls to. Also, these are just our own opinions and not that of our employer. So thanks for joining the show today, everyone.
00;03;13;16 - 00;03;21;25
Aaron
You know, I did read do anybody actually read the EO that was put out like the actual text is frankly like pretty well done? I think you've.
00;03;21;29 - 00;03;25;14
Pri
Done executive orders. I just call it the one line is a lawyer free.
00;03;25;14 - 00;03;26;27
Chris
This is like free like.
00;03;27;03 - 00;03;48;25
Aaron
Yeah. I mean, I just I gleeful with the smile on my face was I was reading it just for the formality. No, I mean, I read it because I've, I always feel like, you know, the what gets reported is a little bit different than what's actually in the primary source. And I think some people mused on it. But the one thing that people didn't talk about was the fact that no central bank digital currency to and that was like very clearly stated.
00;03;48;27 - 00;04;06;15
Aaron
So I thought that was interesting, kind of got a little bit glossed over and kind of reminded me, you know, like the Clinton administration did this with the internet. They issued kind of this really broad directive. I forgot the exact format where it directed all the agencies to kind of convene and figure out what to do with the internet.
00;04;06;17 - 00;04;25;05
Aaron
And a lot of folks, with the benefit of hindsight, credited that for kind of kicking off like sensible policy around the internet in the mid to late 90s, up until today. And it wasn't perfect. Obviously, there's always room for improvement, but it kind of gave me like the same feeling. And it didn't feel like, like a rational in any way.
00;04;25;05 - 00;04;31;06
Aaron
It felt like very well thought out. Well done. So I found that piece pretty encouraging to that part.
00;04;31;06 - 00;04;47;14
Chris
Yeah, I was shocked at how force looks. I actually did read that one. I mean, I think you've thought it through like three different years out that day, but that one I read in the CDC stuff, I was like, all right, you're really hammering this point home. Yeah, it's interesting because like, you could you could give that a surface reading.
00;04;47;14 - 00;05;10;06
Chris
Just go, well, he wants the industry to get going. These people gave him a ton of money. And, you know, he's looking out for those who looked out for him. But I think a deeper read is by banning CBDCs, it actually protects the dollar because that has to like the dollar, treasuries have to serve as the settlement pair.
00;05;10;08 - 00;05;22;03
Chris
Right. And if you create a multiplicity of stablecoins out there, it really is is kind of like upgrading dollar hegemony. And in a different form. Do you guys see that or am I,
00;05;22;05 - 00;05;43;20
Aaron
Now completely you know, it's funny, I was looking at it and, you know, there was that, pronouncement that there be a stockpile, like I said, not a reserve, but a stockpile of digital assets. And I was thinking about it, and it occurred to me like that was Libra, right? Like the idea with Libra was that it would have a, like a stockpile of treasuries and other like collateral assets, including digital assets.
00;05;43;20 - 00;06;06;28
Aaron
And then they'd put up like a, like a dollar pegged stablecoin on top of it. So many ways, like the government just adopted Libra, which I thought was a little bit wild. Just as the thought I think by doing that, Chris, they did. I mean, I think you're right that they do kind of make sure that at least U.S bonds and treasuries, like, stay at the center regardless of what the currency part looks like.
00;06;07;00 - 00;06;39;12
Pri
Yeah, it's definitely drawing a line in the sand, basically saying that in conjunction of doing something like this and having bipartisan support to have some sort of like stablecoin legislation put in place, let's call it, like in the next six months to a year. Saying both of those things indicates that they're comfortable with private institutions. Banks circle, others issuing their own stablecoin, which is increases the demand for the dollar, which then increases it increases the demand for notes and and proliferates the dollar even more.
00;06;39;19 - 00;07;06;21
Pri
I think the counter to that, though, is there. There was interest and demand around its, CBDCs, I think previously, because in many ways it would give control to the fed and almost have like more to even issue bank accounts. Almost. And it'd be its own bank if you did have its own stablecoin. So this is almost decentralizing the dollar a bit more in a way, which I think is interesting way of thinking about it.
00;07;06;21 - 00;07;32;07
Derek
You know, one just quick append to this, which is just like, you know, gold has been part of the the U.S. strategic reserve. I think there's something like 250 or 500 somewhere in there, billion dollars worth of gold at in Fort Knox, Kentucky. And, you know, like I think the where my, my crazy brain goes is like the, you know, I think a lot of people feel bitcoin and digital assets can serve very similar roles to things like traditional gold.
00;07;32;07 - 00;07;50;17
Derek
And and I think that's kind of this this stockpile is kind of like the first step in that direction, which is, I think warming to see. I posed the question to you all, how far does that extend under the digital asset umbrella? Do we think something like a another type of fixed supply, hyper scarce asset like a crypto bank or are.
00;07;50;23 - 00;07;55;25
Aaron
We talking about the are we talking about the strategic crypto punk reserve type? This is where we're going.
00;07;55;28 - 00;08;20;03
Derek
I kind of want to go there and get your guys's take on this. Like how I mean, like this is obviously not a year one thing, but could it be a year three thing or year four thing? And, you know, I think the difference between like traditional art and something like cryptopunks and networked art, like cryptopunks and chrome squiggles and things that imbue like kind of these, these networks around these hyper scarce collections is there's a lot of them.
00;08;20;03 - 00;08;52;03
Derek
There is market depth there. These things can be priced in real time, and they enjoy similar design properties to gold. Then a one of one kind of like formaldehyde shark. And putting things like that into a stockpile feels more elegant than just like putting a bunch of Rothko's in Fort Knox. And I guess my question to you all is, is there a world that exists where hyper scarce but networked collectibles or collectible art finds its way into something like a digital asset stockpile?
00;08;52;03 - 00;08;56;29
Derek
At some point in the next two years, five years, ten years, what would you guys assign the probability there at all?
00;08;56;29 - 00;09;26;22
Aaron
Right, let's work both sides of this one. So on the plus side, I mean and I think this often gets glossed over. There's how many digital assets right. Like millions of digital asset collection is right at this point. Whether it's NFTs are more fungible assets. I the thing that always jumps out to me about cryptopunks out of all those assets and any that have like a significant amount of value, really only Bitcoin and punks have a 70% Hodl ratio, which is eerily similar.
00;09;26;24 - 00;09;45;17
Aaron
So they're the two of them are the most Hodl assets, which is kind of the bedrock of what makes them non correlated. Like people don't sell them when times are good, people don't sell them when times are bad, they just kind of keep them there. And that gives it this kind of non correlated or potentially an uncorrelated aspect to them.
00;09;45;20 - 00;10;01;21
Aaron
That's like on the plus side why you could imagine wanting to use that as like a reserve asset. Because that's the point right. The point of gold is it's not correlated to the rest of the market. Back of the envelope, like central banks tend to hold about 5% in uncorrelated assets. So maybe that'll be the argument for it.
00;10;01;23 - 00;10;14;01
Aaron
On the flip side, I really have a hard time Derrick imagining like some US fed holding holding cryptopunks. I think that it's more likely to be used as like a collateral base for some more digitally native thing.
00;10;14;03 - 00;10;25;03
Derek
I, I agree with that conversation is less fun and we've already gone down that road so many times. I'm trying to figure out if punks and squiggles and and these and things like this end up at Fort Knox.
00;10;25;05 - 00;10;27;07
Chris
Yeah. Sounds not holding your square. Garrick.
00;10;27;14 - 00;10;30;11
Derek
All right, well, I'm going to revisit this conversation. And I mean.
00;10;30;11 - 00;10;37;09
Aaron
Maybe maybe Matt and John should just put one American flag on it, and the probability would have went up, dramatically. There you go. I don't know. Yeah.
00;10;37;09 - 00;10;44;06
Derek
Yeah. I mean, we all know we all know what was these things are made in America, right? These are minted in America, folks.
00;10;44;08 - 00;10;45;03
Aaron
Yeah. It's true.
00;10;45;04 - 00;11;08;11
Chris
New York City. Yeah. I'm going to come up with, a different hashtag here. And that is reserves are for holding back. And everyone hoping that the U.S government is going to buy their bags and give them a big financial hug are cowards, and that we should be pushing forward and stuff, hanging up on other people's validation.
00;11;08;13 - 00;11;25;10
Derek
Dude, I don't disagree with you Chris. I 100% agree with you, but that conversation is not as fun as putting punks in Tennessee and or in Kentucky or in some of these places where we've got massive, you know, reserve assets just sitting around being guarded by, by armed forces.
00;11;25;12 - 00;11;32;08
Aaron
So let me just paint this picture for you, Derek. You want to walk into Fort Knox, go into the deepest parts of Fort Knox into.
00;11;32;08 - 00;11;34;25
Chris
Something for nothing. You know.
00;11;34;27 - 00;11;37;19
Derek
If for nothing else, it would make for amazing television.
00;11;37;23 - 00;11;43;01
Aaron
And then you go into the deepest and darkest of rooms, miles underground and.
00;11;43;04 - 00;11;53;01
Derek
Cryptopunks. It's a single gold ledger, you know, hanging from the ceiling. And an Indiana Jones style sequence of events kind of unfolds. Yeah, that is exactly what I'm describing.
00;11;53;01 - 00;11;59;05
Aaron
I'm here for it. I thought, Chris, you were going to say hot take me bit strategic reserve and that would be a real hot take.
00;11;59;08 - 00;12;04;18
Chris
Well, it would certainly be shocking because it would require me saying good things about me. But,
00;12;04;20 - 00;12;12;15
Aaron
Chris, I have a feeling. I have a feeling you would be saying good things about me. That's in a couple quarters. I can feel it. I feel the me bad energy coming back.
00;12;12;22 - 00;12;17;13
Pri
Yeah. Gone. They started taking me bits or something, right? Like I feel like I hurt so bad. Everyone's excited.
00;12;17;19 - 00;12;18;27
Aaron
There's something going on with me. Bits.
00;12;19;03 - 00;12;22;00
Chris
Oh there's not. Oh, other than your delusion.
00;12;22;00 - 00;12;24;08
Pri
There's just stuff and I make it happen.
00;12;24;08 - 00;12;27;05
Chris
Aaron never does equals fetch.
00;12;27;07 - 00;12;42;03
Aaron
You know, I did get I think I had access to it, but I didn't notice it to Sarah. And I will say that me bits work really well with like that. I generated systems, they really are made for the next leg of the internet. Chris so that'll be my last point. But we can move on from the meat bit corner.
00;12;42;10 - 00;12;45;26
Aaron
Maybe we'll invite Sergey to on and he can, be the media corner.
00;12;46;00 - 00;12;52;28
Chris
Yeah. I mean, all those video models are trained on so much Minecraft that it's not surprising that, maybe it's renders.
00;12;53;00 - 00;12;57;21
Aaron
Just in going to be a lot of AI video content in the next few years, maybe it's going to look.
00;12;57;21 - 00;12;58;20
Pri
Good. That's true.
00;12;58;27 - 00;13;06;29
Chris
For you. Can we talk about AI or is that going to trigger you? Where are you in the AI is coming from me spectrum today.
00;13;07;01 - 00;13;16;13
Pri
So I started blocking accounts and it's definitely helped my general mental health around AI. So yeah, we can we can talk about it.
00;13;16;14 - 00;13;24;20
Aaron
Well what was the what was your worry? It was a little confusing to me, but maybe like what's the concern that you that you had where are you on your journey.
00;13;24;23 - 00;13;46;27
Pri
So I mean okay, I, it's not like I'm just realizing that AI is superintelligence. Like it's not I'm not like a total newbie. But I've been thinking just I think it was a combination of this past weekend of, like, Trump launching a meme coin that hit some ridiculous market cap. I can't even remember because so much has happened this week.
00;13;46;27 - 00;14;13;15
Pri
But seeing that, like last Friday, in combination with me going down some weird rabbit holes on Twitter in these accounts, like talking about deep seek and just like metacognition basic, this idea of metacognition and zero three and this this notion that a lot of these underlying alums have a different way of thinking than humans, obviously, but actually a way more profound way of thinking.
00;14;13;15 - 00;14;45;25
Pri
And then you have operator come out this week. It just it just makes me realize and not to be not to be like the top or the I do because I'm actually not an AI dumber, but it's making me realize that most people's livelihoods are going to drastically change. Really rapidly. Like by this time next year, I think most people's daily jobs will look a lot different, to the point where I think people aren't going to be able to be employed and and we've been saying this for a while, like, oh, I was really deflationary.
00;14;45;25 - 00;14;56;09
Pri
But I actually think that it's going to be like hyper deflationary. And also I don't think UBI is the right approach to get, you know, to solve this problem.
00;14;56;09 - 00;14;57;09
Aaron
And meme coins are.
00;14;57;09 - 00;15;16;12
Pri
Pretty well, I that's, that's where I was going to kind of like, you know, I'm a little worried is where I think society might just end up being like degenerate gamblers just to fill time or like falling down some weird rabbit holes because there's like, nothing else to do. And yeah, I mean, I think, I think I'm just kind of starting to put those pieces together a bit.
00;15;16;12 - 00;15;35;25
Pri
I thought this would be like a five, ten year horizon thing, and I'm starting to think it could be A12 year. I mean, you see Google talk about like 30% of their code's going to be AI generated. You see you know, meta talk about like freezing hiring Marc Benioff. We talked about that. Like I just think that, you know, that's kind of hitting like on the math coding side of things.
00;15;35;25 - 00;15;59;15
Pri
I think it's going to like wipe out marketing advertising like so much even create creative industries. But even beyond that, in at such a rapid cadence that like, I don't even think it's been fully contextualized yet. So like, that's what I've been kind of stewing on. Again, these are things that a lot of people online have been saying for basically even before, you know, OpenAI came into existence to some of the fear here.
00;15;59;15 - 00;16;08;15
Pri
But I think I just was like, it just feels like Moore's Law on speed. And I'm just I just something we're prepared for, like the societal impact.
00;16;08;19 - 00;16;11;17
Aaron
It's Moore's Law on a ten of us in something like that.
00;16;11;18 - 00;16;12;29
Pri
Yes. Basically.
00;16;13;01 - 00;16;13;23
Aaron
Yeah.
00;16;13;25 - 00;16;15;12
Pri
On like amphetamines.
00;16;15;15 - 00;16;21;17
Aaron
Did you guys, check out operator? Yeah, I played around with that a bit last night. Derek. Did you did you play around with that?
00;16;21;17 - 00;16;33;21
Derek
I've just watched the, the video of Sam and his as employees. The four of them. Kind of just like going through operator and talking about the feature set. It looks cool. I haven't had a chance to to dig in, but it looks like a a clever product.
00;16;33;21 - 00;16;55;28
Aaron
Yeah. It's cool. It's a little rough. But I think what really struck me to operator it's the vibe, but I you can ask it to do tasks. And the notable thing that it can do is kind of like browse the internet on your behalf. But what's interesting is you, like, you see the steps that it's taking and it's like pretty much like spinning up on the back end like some virtual machine with a browser, like on your behalf.
00;16;56;00 - 00;17;19;00
Aaron
But you see that the way it's navigating the internet is so inefficient for these AI systems. And I really think that this was like the turning point when we're going to AI, or at least I could really see like having more and more AI agents or AI powered agents, like navigating using different online services than humans. Like, I think the clock is ticking on that.
00;17;19;03 - 00;17;37;26
Aaron
And there's like some profound implications, at least in my mind, as to what that means. But if you have more of your users being like these AI bots and systems, then you got you kind of have to re-architect the way you design online services so that it's easy for them to to use rather than, you know, for humans.
00;17;37;26 - 00;17;56;18
Aaron
I just can't imagine that this or a refined version of operator, whether it's from OpenAI or some competitor like, becomes really big at this point. And it's pretty janky to do that much cool stuff now. But I think we've seen with these AI systems, they just get better and better because of the great engineering work behind it. Yeah, so we're kind of toast on the internet that that was my big takeaway.
00;17;56;20 - 00;18;26;04
Derek
No, it's a important takeaway. I think I totally agree with how this story plays out. I think to just anchor set for folks who who don't know how we got here. I think the idea is, you know, the way all of a product like operator was trained is it's essentially like any other language model, except it's what it's doing is it's basically a model that's applied for analyzing, my guys like, where does where do you click a button, like how do you drop a menu field down, where are you?
00;18;26;06 - 00;18;52;22
Derek
How do you navigate to a checkout? It's a it's functionally, you know, like a very, very smart computer, a screenshot taker that basically can analyze like these UI's and abstract that for humans who want to kind of prompt it in a specific direction. They started out, I think, I can't remember the exact number, but they have like 10 or 15 preferred partners that they've done a bunch of work with already, on like the, you know, the, the UX patterns or those products.
00;18;52;22 - 00;18;58;23
Derek
I think the one that I saw, Aaron, was like buying a Grubhub or like going to book a hotel or I can't remember exactly what it was.
00;18;58;23 - 00;18;59;16
Aaron
But yeah.
00;18;59;20 - 00;19;25;15
Derek
To your to your point, like functionally, what that does, is it it I think two things. The first is it lessens the need for humans to be able to navigate and do complex UX patterns on websites. And two and he brought this up here and it forces the next generation of protocols or platforms or websites or whatever to kind of cater towards a system that becomes easier to digest for computers, not for humans.
00;19;25;17 - 00;19;45;00
Derek
And I think it's the combination of those two things that have led me to kind of I've been chanting this for the last six months that, like all complexity, reduces down to natural language in the future. This idea that we've prioritized the human eye and like the human mouse in these things to kind of like get jobs done, that to me feels like it's diminishing quite quickly.
00;19;45;00 - 00;20;08;21
Derek
And I think the real for us in crypto, the real 0 to 1 opportunity has been how do we get a very similar operator like system to apply to engaging with protocols or to, you know, seeding liquidity, or to buying an NFT at the mint, at the Mint Drop or whatever it may be right now. You know, I've tried to onboard people into some of like, these complex UX patterns in the crypto, and it's like very difficult.
00;20;08;23 - 00;20;25;16
Derek
And so there have been a number of teams over the last year that are squarely like kind of focused on this opportunity of like, how can we train models to be able to allow people to use crypto easier? And if you can get there, that's where this idea of just natural language prompting is really going to start to flywheel.
00;20;25;16 - 00;20;28;21
Derek
And that's the that's the thing I'm most excited for over the next six months.
00;20;28;26 - 00;20;50;25
Aaron
Yeah, I mean that's a great point, Derek. I'm actually think about it a little bit differently too, which is just, you know, it's almost like you had to build sites over the past ten years that had a web presence, like a mobile presence. I think dev teams are going to have to think about and architect their sites. So it's also agent like, optimized, which I'm sure that there's going to be like tips and tricks on how to do that.
00;20;50;27 - 00;21;08;12
Aaron
I also think it's one of the demands that we're going to see for digital assets like what you're saying, because you can see if you tried to, like I tried to buy something last night, using operator. And then I have to retake control of the agent. But if it had control of a wallet, it would just be able to buy that on my behalf.
00;21;08;12 - 00;21;41;01
Aaron
Right? Like I could authorize it to spend up to 100 bucks to buy, you know, a shirt that I'm looking for or something like that, and then you wouldn't have to, like, intervene at that point. So I think, you know, obviously crypto is going to be in a good position to do that. I also think it's all the more reason why you're going to see stablecoins and e-commerce platforms kind of marry, over the next couple of years to, I just think it's going to be a different paradigm for, or slightly different paradigm for software development and services that lean into that, like probably will benefit disproportionately, just like we saw folks
00;21;41;01 - 00;21;57;20
Aaron
that, like, lean into mobile or kind of optimized for mobile during that early days of web2 like have outsized returns, which I think is kind of kind of cool and interesting. A couple quarters away from that, though, where like, there's actually a ton of useful and pretty high use of these types of agenda systems.
00;21;57;22 - 00;22;17;00
Derek
Yeah, I think that's right. I would just point there's a project I mentioned when I was writing that paper on AI and crypto called Wayfinder, and I think they're actually rolling out, like, their actual product here imminently. I think they're going to start allowing groups of 5000 people. I think there's like 200,000 people on this waitlist in like the next six days.
00;22;17;00 - 00;22;40;07
Derek
So get on that list if you want to play around with this stuff. Obviously it's still early and a lot of this, you know, this is going to take work and it's optimization and getting these protocols safe. But my view is aligned with you, Aaron, which is just like I think this this concept of being able to kind of take complex UI and, and allow it to reconfigure towards kind of this new paradigm of simplicity is it's going to make protocols more accessible.
00;22;40;07 - 00;22;57;06
Derek
I think we're going to see less user mistake. We're going to allow devs to deploy safer code in real time, which I think is a whole nother train of thought. We can go down and of like, you know, the idea of like dynamic protocols and spinning up for a service specific job for 30 minutes and then winding down immediately.
00;22;57;06 - 00;23;09;14
Derek
But I think in the short term, I just think it it's going to lower app churn and crypto, which has been like, God, it's been one of the big problems of the space. It's just like getting people who don't know how to navigate complex UX to, to stick around.
00;23;09;14 - 00;23;31;29
Aaron
Yeah. But yeah, and maybe that's the interface, right? Like maybe instead of, like the on this I plus crypto intersection where we see a lot of folks focusing on like finance and DeFi and like kind of portfolio management, really like the most popular like crypto slash crypto adjacent agents are just literally able to buy stuff for you on different platforms.
00;23;32;01 - 00;23;48;16
Aaron
Like that's it. Like maybe they need to be more like e-commerce focused, like, here's some bucks, here's what I can buy. And or if you have like using some of these more advanced tools, which I think is a little bit different, but also sets up crypto to gain more mainstream adoption praise. Is this the my coping here are you.
00;23;48;18 - 00;24;10;29
Pri
Know, I don't think that you know, I'm not at all actually like everything you're saying is inevitable. And I you know, we've talked about for years, you know, ever since, this is like a rapid advancement. I'm not saying that it's not a good thing. I'm actually very proud of this. I think the future of work is going to evolve and change as a result of this technology.
00;24;11;00 - 00;24;27;23
Pri
I'm just more thinking about, like, speed, skill, catching up in time and like, what is, you know, what happens in the interim I think is interesting. But like, yeah, I do I think a wallet is going to, you know, connect to an agent that does a lot of the tasks, whether it be personal or professional. I would encourage that.
00;24;27;23 - 00;24;43;23
Pri
There's a lot of things that I don't want to do personally or professionally, that I would love if I had an agent do so. I had, you know, freed up time to do something that's a little more compelling or interesting. I think like that I'm on board with I'm just thinking about it like in at scale, in mass, at the speed at which this could transform.
00;24;43;23 - 00;24;46;19
Pri
I think there's like more of my, concern.
00;24;46;21 - 00;24;53;01
Chris
Three I'm getting the feeling that Aaron and Derek don't want to confront the void and just want to look at the form factor.
00;24;53;04 - 00;24;55;24
Aaron
I like the form factor. Yeah. What's the void?
00;24;55;26 - 00;24;58;14
Derek
Yeah. What's the word? I'm care. So even Chris, the.
00;24;58;14 - 00;25;19;04
Chris
Void is the crisis of meaning. The main void is the end of, the idea of Western exceptionalism that if you're busy enough little worker B and you try your hardest and you know you've got grit and smarts, that, you can beat the system, it you know, it's the whole notion of like, your self value is, is tied to your work and your productivity.
00;25;19;11 - 00;25;23;29
Derek
Yeah. I have a lot I have a lot of thoughts on that. But, with you, Aaron, you want to go first.
00;25;24;02 - 00;25;26;06
Aaron
But you can pick this one up there. All right.
00;25;26;08 - 00;25;29;16
Chris
All right, here we go. Looks like I'm prepared, but Aaron might not be.
00;25;29;16 - 00;25;33;09
Aaron
I'm planning myself to this void. No, there's no void to speak of, Chris.
00;25;33;15 - 00;25;57;27
Derek
So I wrote this. I wrote that piece a couple weeks ago. I crypto in America because I actually feel that void. It's like in the first paragraph I talk about how, like the opportunities that were afforded someone like my mom, who came here from a different country and kind of like mobilized economically by working hard and staying late after everyone else and getting her master's in nursing, and then working straight for 40 years and rising up the ranks that world is no longer available.
00;25;57;27 - 00;26;16;02
Derek
My view is like that world will no longer be available in the same way to the next generation of Americans. And instead of like instead of I think everybody has this point and I've this has been family members that I've worked through this with. This has been portfolio companies. I've worked through this with. This has been, you know, colleagues or friends or whoever.
00;26;16;02 - 00;26;34;26
Derek
Every time I sit down and kind of work through, I think how this game theory shakes out. Everyone goes into like this cave for a couple of days, and it's just totally freaked out. And I, I also freaked out. I've also had that moment where I'm just like, Jesus Christ, like, well, what what are we building here as humans?
00;26;35;04 - 00;26;50;06
Derek
And I think there's two choices. The first choice is to kind of accept that and let the world just kind of like, figure itself out. And the other is to say, okay, we need a radical shifting on how we're going to approach new technology, because at the end of the day, like this stuff is actually can be that good.
00;26;50;06 - 00;27;16;20
Derek
It can cure cancer. It can help, you know, create less income disparity or wealth disparity. It can do also create safety and bring people together and know all sorts of amazing things. This technology will be able to do that at some, at scale, at some point. But at the same time, I think we need to look at and say like, how do we as people, like, how do we shape this technology to kind of like meet us where humans should be in three, five, ten, 15 years?
00;27;16;23 - 00;27;37;19
Derek
And I think, you know, I think these are very difficult questions to ask. I think they are not something that, I mean, you know, we've seen the arguments that like, well, just tax the agents and 20% of that will go to up UBI coffers, which then spit out to all Americans programmatically, every, you know, every day. Like sure, I sure maybe that is part and parcel to some larger solution.
00;27;37;19 - 00;28;10;23
Derek
But I do think that we also need to evaluate this technology and say what? What does human meaning look like when labor costs go to zero and productivity is going to 100, how do people want to spend their day interacting with the system? Is there some sort of ownership over these systems that is congruence with or congruent with, like how people have earned or worked or participated in systems before that matches this technology in a more digital or more active or passive way, knowing that there is some value to that, humans can still provide to these systems in ways that benefit them back.
00;28;10;26 - 00;28;22;11
Derek
So I yeah, I guess like I am also staring at the void and I am asking myself these questions and trying to chat with smart people that can affect policy and or can build technology to kind of answer them. Yeah.
00;28;22;11 - 00;28;44;25
Aaron
I mean, I'm with you, Derek. I just think we'll figure it out. I mean, this is why I hope we get some, like, new and like, Hollywood movie, like Hollywood style movies or science fiction writing that starts to fill in these gaps. I just think there's a lot more constraints than people realize. There's physical constraints, there's coordination constraints, there's distribution and diffusion constraints.
00;28;44;27 - 00;29;09;04
Aaron
I think it feels easy to feel like there's not going to be a place for human ingenuity and creativity and coordination to attach, but my sense is it's going to be there for quite some time and just ratcheting up like intelligence or like raw horsepower or even productivity doesn't mean that you're going to actually like, eliminate all opportunities for humans to add value or connection or you name it.
00;29;09;04 - 00;29;13;05
Aaron
So I reject the void. Chris. And pretty I reject.
00;29;13;07 - 00;29;32;23
Pri
I agree, Erin, I agree, and I think that's largely like I'm confident that it works itself out. Like we'll figure it out as as has other revolutions have come, you know, things tend to work itself out. Generally speaking. I think where I was like also thinking about, you know, where crypto comes in because crypto is definitely downstream of like mainstream culture.
00;29;32;23 - 00;29;52;23
Pri
And just like seeing those patterns play out in mass, I'm like, okay, like, I don't know if I love that some of the behaviors there, but I mean, putting that aside for now, like, I guess like Derek and I could probably relate to this just compared to Aaron, Chris as our elders, but like as a peak millennial and I know you guys always like just dragged me for constantly talking about millennial.
00;29;52;26 - 00;29;54;05
Aaron
Just call me an elder.
00;29;54;08 - 00;29;54;18
Pri
Yeah.
00;29;54;18 - 00;29;56;20
Chris
You're oh you're put you're pushing you're pushing.
00;29;56;20 - 00;30;00;02
Derek
65 Aaron I mean like,
00;30;00;04 - 00;30;06;19
Chris
Aaron I know I noted that too, and I cringed inside, but like, let her let's let the youth shoot their mouth off.
00;30;06;21 - 00;30;07;19
Aaron
All right. Young.
00;30;07;22 - 00;30;32;23
Pri
I think I think the one thing is, like, is I that I often go back to is this idea because I feel it across like my peers in the millennial class is like the elite overproduction theory, which you guys are all familiar, but this idea that, like, there's too many elites and there's just not enough ability for them to make money, have jobs, fulfill their vision of like what they thought being a quote, elite or having a specific education would lead them.
00;30;32;25 - 00;30;58;15
Pri
And I think, like you just compounded that even more. But not even just across like elite of production, just like all production. So to me, what like the endpoint of that is another type of revolution. So I think and it might not be, you know, necessarily a good one word revolution, whatever. And so I think you're going to get a level of active ism that could come from this pretty rapidly.
00;30;58;15 - 00;31;19;06
Pri
And so it's not that I don't think you'll figure it out, because I think like 90% chance, like it'll probably get figured out. But then you have like this 10% notion where you could kind of just get a pretty like, activist society that is going to start pushing up against this. Similar to like what you see with like the elite of production in the millennial class.
00;31;19;06 - 00;31;41;17
Pri
And I don't know, I mean, there's not much to say beyond that, but I just I just think it's like something to consider as, as this technology moves at, at such a rapid clip, like it's really good now. Like I literally don't a lot of the stuff that I have to do for work has, and it's something that would have taken me three days, is now taking 30 minutes, like right now.
00;31;41;20 - 00;31;53;15
Pri
And I just think about that across. I think most tech companies are realizing that, but it is not starting to hit like the fortune 500 or even most of my peers that are not in tech are not using it to that extent.
00;31;53;15 - 00;31;54;14
Aaron
Once you start.
00;31;54;16 - 00;31;57;09
Pri
This is a very different feeling.
00;31;57;14 - 00;32;18;13
Aaron
There's this notion like, when do you actually get societal change? It's not when the technology is invented, right? It's when it's diffused. And so like the Brits invented the automobile, it got diffused in the US. Right? That's why we like highways over trains for the most part, because we've really invested in the diffusion of automotive technologies. So I'm sure the US I mean this is the US's advantage.
00;32;18;13 - 00;32;40;04
Aaron
It just can diffuse technology better than most other societies. I mean, this is why, you see, I don't know if you guys follow this, but there's a lot of folks talking about like bronze, Bronze Age collapses and stuff like that because it's a kind of a similar potential scenario or only a couple, you know, large players like exhibit A golden age of some sort, while the rest of the world may run into some issues.
00;32;40;11 - 00;32;45;13
Chris
Wait, Aaron, are you opening the door for us to talk about the key people on the podcast?
00;32;45;16 - 00;32;59;25
Aaron
I don't even know what you're talking about, but I am talking about the Bronze Age collapse. I just, I think that's why I read or it kind of hits the edge of my information diet, like more and more about it. But if you want to talk about the key people.
00;32;59;27 - 00;33;20;01
Chris
Go for it. Yeah. No, I of course, I want to talk about the key people like, why wouldn't I be? All right. So the Bronze Age collapse, right. For those of you who, like, aren't big Bronze Age hipsters, it basically was a result of climate change. It got drier, it got colder, I believe more arid. And Greece bottomed out.
00;33;20;03 - 00;33;45;14
Chris
It was pretty much left to like coastal fishing, fishing, bass people. And this isn't just happened in Greece. It happened in Anatolia. It happened around the whole Mediterranean region. It had like second, third order effects. So like places like the Levant and the Phoenicians, who weren't hit as hard, they actually did end up getting hit hard because the Phoenicians were like the traders of the whole group, and they lost all their markets.
00;33;45;17 - 00;33;57;17
Chris
And so, you know, while they could still live their normal life like, you know, their surplus capacity and, you know, the thing that made their society really productive, dried up. But that has nothing to do with the sea people or the sea people.
00;33;57;19 - 00;34;01;27
Aaron
How do they fit in here? Chris? So you're saying Greece is like Europe in this situation? Is that.
00;34;02;01 - 00;34;31;18
Chris
Yeah, increases Europe. So the sea people are one of the great mysteries in history. No one really knows who they were. But at this time of, you know, societal collapse and the town's drying up, you got this roving band of people who are just trying to survive, and they just started attacking and raiding and they ultimately set their sights on Egypt and went after Egypt.
00;34;31;21 - 00;34;52;08
Chris
But no one has any clue who the key people were. Like, they don't know where they came from. They don't know how they went about it. And historians just kind of wave their hands and go, I don't know, roving bands. Maybe some of them came down from Germany and maybe they hooked up with people in southern Italy and Sardinia and Sicily, and then they just all hit the road.
00;34;52;09 - 00;35;01;23
Chris
This is giant, marauding, hot, marauding George. And then went after Egypt. But that's the key, people. I wish I could tell you more, but, like, no one really notes.
00;35;01;25 - 00;35;17;06
Aaron
It's a great mystery. I mean, pretty I think that's what some you could imagine something like that. We're just a couple places reap a lot of the benefits here because they have a lot of capital or they like, they use this to their advantage and they just mop up more and more labor. Other humans would do.
00;35;17;08 - 00;35;18;05
Pri
Oh yeah, completely.
00;35;18;13 - 00;35;30;11
Chris
One thing I think it's become really clear to me, you know, is Trump's entering office is capital, is is stratifying and separating within itself.
00;35;30;13 - 00;35;33;21
Aaron
And like go on, Chris.
00;35;33;24 - 00;36;00;21
Chris
Well, there's clearly like a meaningful national level of capitalism that is open to a select group of companies. We saw it at the inauguration. You know, who showed up? You know, it's Google, it's Facebook, it's Amazon. You know, we saw it in the Stargate announcement. I have $1 billion exit under my belt. Right leg. I'm not a small person in the world of, I don't know, you know, entrepreneurship.
00;36;00;21 - 00;36;18;02
Chris
But, like, relative to the new scheme of things, you I feel small. I feel like, you know, sort of the the opportunities that existed to, like, allow me and my partners to do what we did and create what we created. I don't know how open that door is anymore.
00;36;18;05 - 00;36;34;29
Pri
Or is it more open than ever because of these tools, like the notion of you somewhere sitting, have the tools to create a product and market it using 1 or 2 people and a slew of tech. Is that is it actually weirdly more decentralized or democratized?
00;36;35;01 - 00;37;02;24
Chris
Yeah, I it's hard to say. Right. Because what argument of this is we're just leveling up the amount of money and wealth in the world. And that this is an open doorway and, you know, you're you're now like you're just trying to keep my mentality or what what I just said is more of a keeping up with the Joneses point of view, where you might be worried that, like the the billionaire class or is going to become a trillionaire class.
00;37;02;24 - 00;37;26;23
Chris
Right. But that doesn't mean like there's not plenty of other room and opportunity in those lesser layers. You know, that's one one way of looking at it in the future always makes us look foolish. Another way of looking at it is, yeah, this Trump coin came in and sucked liquidity out of everything under the sun. And so we've had, you know, a couple weeks or we basically had a month of lag and nothing but good news.
00;37;26;23 - 00;37;54;13
Chris
And then, you know, ether, like a lot of these majors aren't, aren't reacting the same way. And there is a sense of disbelief. And so do these things become more, more ephemeral, faster moving, or, you know, is it like this attention suck can drown out other things, right? That would be like sort of a countervailing take on. Well, yeah, now we can do anything and there should be more opportunity.
00;37;54;16 - 00;38;11;13
Aaron
But doesn't capital go further? Right. If everything's cheaper, capital goes farther. Sure. You have a lot more money. But like we know this from so many things. It's not the amount of money that you have. It's like how you use it. Right? So for the amount of capital that you have. So I don't know, I think it's probably diffuses in lots of different ways.
00;38;11;16 - 00;38;17;00
Aaron
But Derek this is what happens man when you miss missing episode two of the podcast. This is where we're going.
00;38;17;03 - 00;38;33;05
Derek
I love it, I love it. I will say I was really hoping one of you would talk about how the, the JFK docs are going to be declassified, because frankly, like that was the my, my, my big news of the week, and I'm, I am fully ready.
00;38;33;07 - 00;38;35;15
Chris
You ready? Are you above Derek?
00;38;35;18 - 00;38;54;24
Derek
I, I just want to I just want to know, like, I just want to know what the hell happened on the grass. You know? I want to know if there is a single shooter. I want to know if the CIA was in on it. I just want to know what is going on. Or at least know what kind of, like, how to kind of unravel some of the, the working theories with, with actual declassified docs.
00;38;54;24 - 00;39;03;05
Derek
So I'm hoping I'm hoping that, that happens soon and we can kind of like I can see, JFK Twitter kind of explode with excitement.
00;39;03;08 - 00;39;06;14
Aaron
I definitely think the internet's going to explode over this stuff.
00;39;06;16 - 00;39;15;28
Chris
Derek. What what? You're working theory. So you, the Dulles brothers and the CIA are behind this? Are you? A this is a mafia thing for Joe Kennedy. Where do you fall in the spectrum?
00;39;16;01 - 00;39;38;18
Derek
It's a great question. I do think that the US government had a working hand on it, but like that also honestly, like I just who knows, right. Like I just, I, I think it was a different time in in our history and I think I just, I frankly, I don't even want to I yeah, I don't even want to speculate because we're so close to knowing what the answer is.
00;39;38;18 - 00;39;46;26
Derek
But, but my tinfoil hat says that like, the, the, division of our, of our government had a role in, in whatever went down there.
00;39;46;28 - 00;39;51;06
Aaron
Are there prediction markets on this? That means me taking up somebody better.
00;39;51;06 - 00;39;54;02
Derek
Fire one up. This is like, this is this is the big time.
00;39;54;02 - 00;39;57;23
Pri
Basically like, oh, we got conspiracy prediction markets will be wild.
00;39;57;27 - 00;40;16;03
Derek
I would love to see one somebody spin it up. I would also say like, I hope this is step one. And getting everything that we have about UAPs and aliens declassified as well because, that's another kind of, tinfoil, a tinfoil hat topic that I want to know more about as more and more of these whistleblowers are coming out of the woodwork.
00;40;16;10 - 00;40;33;05
Chris
There we go on the alien stuff. Do you think we're going to find out that, there was a brief window in time where, like, Soviet aerospace was actually super elite, just very narrow or. No, I ready for, for the flying saucers. You know, the I, the the.
00;40;33;08 - 00;40;51;28
Derek
The most fun theory I've heard from people who are close to this is that, like, it's just us from the future, and, like, they're they're, there's future versions of us that are just, like, stranded here and giving us intelligence about, you know, what the, what the the world of abroad in time. May look like. And.
00;40;52;00 - 00;41;02;15
Aaron
You're back. You're back to the future type guy. I don't even hear about that. I my timeline must be so tame compared to all you guys. Like, I just, I have pictures of assets. I get none of this on my timeline.
00;41;02;16 - 00;41;15;00
Derek
This is not my. This is not my normal working hours. This is like, you know, 2 a.m. losing sleep. What are people talking about on the internet? Okay, this is a core thread. Let's unpack this a little bit and see the, the.
00;41;15;02 - 00;41;20;06
Aaron
You don't touch those threads, Derek. That's the rule. You just don't touch that.
00;41;20;08 - 00;41;39;15
Chris
Gremlins. You can't see them after midnight. But, Derek, I hate to break this to you, but, some there was some news that came out this week around someone figured out the, the quantum mechanics of the mathematics around time travel and threw a lot of cold water on your back to the future people. So you might want to Google that in your office hours.
00;41;39;15 - 00;41;39;21
Chris
And.
00;41;39;21 - 00;41;46;15
Derek
Fair enough. I'll I'll take a look at it. Can I say one other crazy? Crazy. This is like the kind of.
00;41;46;17 - 00;41;49;16
Chris
Thing, all the crazy things. You have carte blanche to go crazy.
00;41;49;16 - 00;42;06;11
Derek
This is becoming a tinfoil episode. Okay, so I did listen while I over over the winter break when I was working on that piece. I had this, this podcast on in the background called The Telepathy Tapes. All right. This is some crazy stuff here. I think I there was like Joe Rogan had mentioned it on an episode and like that there was a clip going viral.
00;42;06;11 - 00;42;38;01
Derek
And so I was like, this is this is crazy, I like crazy. Let me like, let's see what the crazy people are talking about. Telepathy. And apparently they're I mean, like, you can listen to it. It's ten episodes, telepathy tapes. It's on all the major podcasts. There was this woman reporter who had become involved with essentially this, a group of non-verbal artists, and they, they're finding that there's just this high level of, of prevalence of, of, telepathic powers and listen, this is, this is the.
00;42;38;04 - 00;42;40;20
Aaron
Their precogs like in that they are.
00;42;40;23 - 00;43;08;02
Derek
They are they are precogs from Minority Report and, in, in, some of them are, some of them are, are just better at communicating with one another or with somebody that's close to them that's like able to open up like the neural pathways of that connection. Typically it's parents or teachers or principals, but the podcast interviews, all of these groups of peoples, these, you know, teachers that have been working with nonverbal autistic parents of these kids, principals of these school districts.
00;43;08;02 - 00;43;25;10
Derek
And every episode is about like, what can we what can these kids do? Like, and they interview some of these kids themselves, and it can be difficult because, like, there's only a couple of methods by which these kids who are, you know, young adults or adults now, they can they they have very specific ways by which they do communicate.
00;43;25;13 - 00;43;46;22
Derek
Some are verbal, in time, others right. Others use kind of like AI assisted tracking. Some others have like, you know, someone to help them spell. They're called spellers using kind of like pushing techniques. But, but they run a bunch of these studies over podcasts and they have the footage on, on the internet as well to, like, rewatch them.
00;43;46;22 - 00;44;02;29
Derek
And these kids are knocking it out of the park, like, can read minds, can read equations, can talk to one another around the world. They call this thing called the Hill, where some of these kids are able to kind of like connect to one another in, in kind of like the mind Palace is what kind of like I would describe it as.
00;44;02;29 - 00;44;22;08
Derek
And anyway, I obviously I'm not close to this. I've not run any of these studies myself. I'm not I'm not involved in this project whatsoever. But like, this is my third crazy theory of the day. I if anyone is interested in this topic, there is some, some interesting precogs like studies that are that were done around this, this group of folks.
00;44;22;08 - 00;44;29;14
Derek
And, and I think it's it was an interesting it was an interesting podcast, ten episodes. It's fairly quick, fairly quick with some mentalism.
00;44;29;16 - 00;44;55;12
Chris
Wow. I actually like, kind of see mentalism, making a resurgence. And one interesting take, like just where my mind's going here is this is a way to get above the eyes again. Right? Like as everything levels up, we got to get keep getting on top of these systems. And I'm open to this idea I am I think maybe that, you know, there's quantum frequencies out there.
00;44;55;16 - 00;45;10;17
Chris
There's like strata of things we haven't quite unlocked yet, but, you know, maybe certain subgroups within our societies, you know, or for some necessity can can tap into these things. So I'm sure like, I'll sign up to our newsletter. Derek, do.
00;45;10;17 - 00;45;17;21
Aaron
You know what I where my brain like why or why are these folks not helping us spot what the next great NFT is?
00;45;17;23 - 00;45;24;06
Derek
Did exactly where my mind went. Aaron. How how could we not profit off of this new?
00;45;24;09 - 00;45;25;08
Aaron
How could we not profit.
00;45;25;08 - 00;45;26;00
Chris
Off of these children?
00;45;26;00 - 00;45;28;01
Derek
That's exactly where this figure.
00;45;28;03 - 00;45;34;05
Aaron
Sorry, did I bring did I bring that in that new, breakdown of capitalism back into this conversation?
00;45;34;07 - 00;45;35;13
Pri
Literally.
00;45;35;15 - 00;45;50;29
Chris
But, you know, you're such a, like a Jersey boomer. Sometimes the kids are ready to dunk on you. You're so cooked here, and we're about to enter into an age of abundance. And you just want to harness these people for trapping digital scarcity and object fetishism.
00;45;50;29 - 00;45;58;14
Aaron
Like, I mean, I don't want to trap them, but yeah, there's a win win that can be figured out.
00;45;58;17 - 00;46;02;17
Chris
Is this where we should swing around and talk about Kim and, pixel decks? For a minute?
00;46;02;19 - 00;46;23;28
Pri
I was literally just thinking about that. Yes. Kim's pixel drop. I feel like that's kind of created. I don't know about you guys. I definitely. I feel like you're in your timeline just because you love looking at art on your timeline, but, and, it's just it's been really well received. I mean, it's got to be one of the more compelling drops I feel like I've seen in, in the past year.
00;46;23;28 - 00;46;55;19
Pri
I want to say it just feels very different, fresh, interesting. But the core idea being that, like the the work itself, that's an NFT and ERC. 721 can change with the number of ERC 20 is added to it. The early 20s are called pixel. It's a pixel token, and you can kind of fill the, NFT, if you will, and change the dynamic of the artwork, which I think is sort of novel, like, I don't I can't think of a project that has done that before.
00;46;55;21 - 00;47;25;25
Aaron
It's the real fusion. It's the fusion of two big digital asset categories. Not surprising. It's coming from art. Not surprising. It's coming from Kim. I think it it's pretty. It's definitely very visually compelling, at least for me. I think for others, I think the thing that's most interesting to me, Chris, have you spotted these like some people have like been shoving the deck, which is the NFT component of of the work with tons and tons of the show, and it gets better and better looking like the more dense the pixels become.
00;47;25;27 - 00;47;45;13
Aaron
It's like pretty fascinating. So you could only mint like one deck and you could purchase like some of these sell tokens, but only 500,000. But if you actually went into the marketing and grab more, you can actually get a better work than what you started with potentially. So I thought that part is pretty interesting. Related to it, but I don't know.
00;47;45;13 - 00;47;46;18
Aaron
Has it hitting you? Chris?
00;47;46;21 - 00;48;10;17
Chris
It's a very strong work. Right. And we in Flamingo kind of. We had the pleasure of playing around with this, as it was getting developed, seeing previews and it's certainly, I think is, elevated. What what Kim's doing and every once in a while, like, our space just loves the fuck out of a 3D field topography.
00;48;10;19 - 00;48;36;21
Chris
Right. You know, we saw it with subs, caves. We see it from time to time where, like, there's something that just touches people when they get to turn these things around, you know, look at them from elevation, have some control over how it changes it. It did feel like not only was it esthetically pleasing, not only was it very innovative, but I do think like it hit a certain part of the collector base right in the feels.
00;48;36;28 - 00;49;01;09
Chris
No, I think it's, it's a really strong work and it's good for the space. You know, it's been a long time since something delivered, landed and appreciated in value and kind of got it, got that recognition and so, like for the broader space, we need these things that come around every once in a while just to, to show it can be done.
00;49;01;09 - 00;49;16;29
Chris
And, you know, to inspire people to, to go on, but also just kind of act as, a point of validation. And so across the board, yeah, it was great work. And, you know, we're all longtime fans of Kim. And so, you know, hats off to him for, for getting this out there.
00;49;17;01 - 00;49;18;05
Pri
Yeah. It's amazing.
00;49;18;10 - 00;49;23;17
Aaron
I'd love to see other artists use pixel for their own works. I think that'd be super cool.
00;49;23;20 - 00;49;25;05
Pri
If it I love the idea of it, like.
00;49;25;09 - 00;49;45;01
Aaron
More of like a platform. Yeah, I think it really like, elevates what and a deprecated drop, unfortunately. But like what Derek has and other folks have long spoken about like this notion of like networked art, but it can be network just by the NFT set. But it could also be networked with like, kind of like an art token, maybe pixels, like an art token.
00;49;45;04 - 00;49;46;18
Pri
Networks on networks.
00;49;46;20 - 00;49;49;10
Aaron
Stacks on stacks all the way down.
00;49;49;12 - 00;49;51;14
Chris
All right, gang guys.
00;49;51;16 - 00;50;10;05
Aaron
Nice. Nice one.