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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;34;07
Chris
Welcome back in that society where we're picking up part two of a very special series, death by a Thousand Turnings. Now that we've had a week to reflect upon just how gloomy we've gotten, we've decided to take it a little deeper. And so if you weren't feeling bad after last week, don't worry. We'll ruin your day again today.
00;00;34;09 - 00;00;36;18
Aaron
What are you talking about, Chris? We got Derek back. Derek?
00;00;36;19 - 00;00;38;07
Pri
Sebring here.
00;00;38;09 - 00;00;40;23
Aaron
Let's fucking go!
00;00;40;26 - 00;00;45;09
Chris
Oh, shit. My bad. No. Forget that. Done. The freshens over.
00;00;45;13 - 00;01;05;03
Derek
I've come to to kind of lighten things up a little bit. I, I, I, you know, I missed the recording on Saturday and I log on to Twitter on Monday, and all I could see was just like a nuclear bomb had gone off on that society. And my whole feed was in the throes of depression. So I have no idea what you guys covered or or, how how how bad it got.
00;01;05;03 - 00;01;08;21
Derek
But, hopefully we can lighten things up a little bit this run.
00;01;08;23 - 00;01;16;17
Aaron
Let's bury it. In the ocean and hop in our our squiggle painted wrangler, and let's get moving.
00;01;16;20 - 00;01;19;25
Chris
Yeah. Wrap this podcast in rainbows, dark.
00;01;19;28 - 00;01;20;19
Pri
Okay.
00;01;20;21 - 00;01;22;23
Derek
I'll try my best to kind of give us.
00;01;22;26 - 00;01;45;08
Aaron
Like, one rainbow. I mean, it was a pretty awesome gallery opening. I think it's the fourth NFT gallery to open up in New York, probably like the past month. It's pretty great to see everybody come out. Great work on the walls, like great vibe feeling, group of creators like it. I know it feels good. Still feels really great in NFT land.
00;01;45;10 - 00;02;00;17
Derek
You guys would probably notice better than I would as, the resident New Yorkers. But when I was in New York last month, we did, we did our, my AGM at, at Time to Be Happy Gallery, which was great. And I walking around and I ran into kind of I mean, there's just a lot going on over there.
00;02;00;17 - 00;02;14;26
Derek
There's the new museum right next door. I, I was walking down the street, I ran into John and the super guys just on the sidewalk, and they're like, we just got this gallery, come on it. And I went and taught it and looked amazing. And I think they were just about to put on their first show. And then this other gallery.
00;02;14;26 - 00;02;33;15
Derek
I think it's just around the corner from there, it feels like there's this, I don't know, there's a lot of a lot of crypto art galleries popping up in New York, which, which I, I like, I'd like to see that. I like to see the photos coming out and spilling out on social where, you know, there's there's lines out the door and folks are coming to see great, interesting work.
00;02;33;15 - 00;02;48;10
Derek
And especially at a time where, like, you know, there are there are question marks and maybe, and maybe some of like the, the more finance and, and trade conversations that are happening around macro. So it's cool, it's cool to, to kind of see that energy.
00;02;48;12 - 00;03;05;18
Aaron
Yeah. And it's all integrated. Like I think if you were not into the space and just walked in, you wouldn't realize that a lot of this stuff, you know, is on chain, that there's like a nice mix of, you know, things that are more physical, things that are dynamic, things that are forward leaning in, like all these different spaces.
00;03;05;20 - 00;03;20;29
Aaron
And they're they're beautiful. And it really is like a little bit of a row where you can kind of hit them all pretty quickly and also check out some more established traditional institutions, too. So it just kind of like seamlessly integrating into, you know, the future of art. And media, which I think is pretty cool.
00;03;21;06 - 00;03;42;29
Pri
It is. Yeah. We went to I don't even know if we shared the name, but it was left gallery and it was awesome. It was a group show, a lot of wonderful work. Like a lot of artists were there. It was nice to see everyone like, you know, I saw a clown van, Luke Shannon, my man. Yeah, the the whole like the bottom folks were there like it was a good crowd of, people.
00;03;42;29 - 00;04;01;25
Pri
And like, the space was just like primo, you know, to your point, it's like right around New Museum in the Lower East Side of Bowery. Like, it's just the energy feels pretty good as far as, like, real communities coming together. And then you also have, like other galleries that have been here, like big forums and others, that have supported it.
00;04;01;25 - 00;04;22;03
Pri
So I think that's nice to hear. We did we talk a little bit about Node Foundation to kind of opening up that space in Palo Alto. I feel like that's good for San Francisco. I feel like New York has is like, you know, flush with interesting culture and, you know, whether it be art, fashion, whatever. But, you know, San Francisco probably needs a bit of that.
00;04;22;06 - 00;04;25;21
Aaron
That's a controversial take. Calling Palo Alto, San Francisco, too. So.
00;04;25;21 - 00;04;28;02
Pri
Oh, yeah. Sorry, I, we even I think we.
00;04;28;05 - 00;04;33;27
Aaron
We briefly touched on it, but we were, we were too busy railing on the shortcomings of crypto last week.
00;04;34;02 - 00;04;36;24
Derek
So I, I can riff on that a little bit if you guys want.
00;04;36;26 - 00;04;37;28
Aaron
Let's talk about dude.
00;04;38;00 - 00;05;02;05
Derek
So I'm I'm really pumped about it. It's I mean the way they made waves, I think last week I think it was last week. The days are blurring. When they announced that they were receiving a $25 million, a founding grants to, to kind of build this new cultural institution out there in Palo Alto. I think the the pillars of the, of the, foundation are, presentation education and preservation.
00;05;02;07 - 00;05;29;02
Derek
Now, each one of those lines of effort has, kind of a different mandate and, but but they kind of see them, them kind of working together as an operating system for, for this new type of networked art and crypto art, which is really cool. I've had a chance to kind of peek behind the scenes and a number of conversations with the folks running it, and, and I know they're they're also, in, in small part, you know, bringing the some, some really great DNA from the Bright Moments team.
00;05;29;02 - 00;05;58;09
Derek
So that will be, will be helping out and handling some of some of these lines of effort on behalf of node, in addition to his, capacity over right moments. It's cool. It's like, I think what's really interesting is we have this person, Mickey, who has been, you know, quietly participating in, in the movement of crypto art for the last couple of years, really like signaling to kind of that larger infrastructure in San Francisco and globally.
00;05;58;09 - 00;06;20;27
Derek
Hopefully there's a real moment and movement happening here around crypto art and I think the investment that he's doing and the in that, organization that's being put together here, I think will will be an important is it like an important milestone to me. And I think an important signal kind of for, for the rest of the art world, that there's there's energy and really cool, interesting surface area.
00;06;20;27 - 00;06;38;01
Pri
Here to say I agree. What I also love about it, I feel like he seems like a little bit different than, you know, some of the other collectors where he feels like, feel like he's really drawing a line in the sand, supportive, like more of a patron, even more than like a, you know, collector. Definitely not someone who's, like, hyper speculative long term mindset.
00;06;38;01 - 00;07;17;14
Pri
Like, I truly appreciate that about, you know, Mickey. And, I'm excited to see what comes out of that. I also think because tech obviously is so important between, you know, Stanford and just the amount of companies in the area like being able to introduce digital art, have like more creative outlets for a lot of the tech people in these different companies, you know, whether it be generative art or something else, just kind of introducing them to like code based art and having like artist residencies for these engineers and other more like tech minded people like that is kind of it's like early San Francisco, like that's what made like San Francisco initially like and
00;07;17;14 - 00;07;39;11
Pri
the in the Bay area like so interesting culturally. And it feels like the web to the Facebook metas of the world kind of pulled away from that like original kind of Beat Generation style culture and to some extent maybe like this is an attempt to bring that back. I don't know, maybe I'm being a little bit too overzealous there, but I do feel like it.
00;07;39;15 - 00;07;51;28
Pri
It's going to like inject some energy in the tech community there because, you know, it's always been a little artistic, a little Burning Man, a little bit counterculture. And and maybe this is kind of an attempt to, to bring it in to that.
00;07;52;00 - 00;08;07;18
Chris
I appreciate you drawing a line from, a broken line from Ferlinghetti to, Zuckerberg and fighting to, bring back the Left Coast as a source of, contemporary cutting edge, yada, yada, yada. I'm doing.
00;08;07;18 - 00;08;08;11
Pri
My best.
00;08;08;14 - 00;08;37;06
Chris
It's better than wallowing in the mire like we did last week. You're doing amazing. But no, this is great. And it's also nice to see maybe some outsized personalities actually identifying themselves in this space. Again, you know, I think the in the late NFT boom, more and more of these, culturally important digital objects started disappearing behind LCS and R2d2 and, you know, just sort of anonymous, no one knows what's going on.
00;08;37;06 - 00;08;58;22
Chris
And that's something where it's certainly understandable, but I think it's better for the space when you can associate collections to people and their intent and yeah, Mickey, with no foundation is certainly showing, a long, longer term, more expansive intent behind what he's doing in this space. So kudos to him.
00;08;58;24 - 00;09;12;05
Aaron
Yeah, I think it's awesome. I mean, I think it's great to kind of see those mechanics happening. I you know, what really started to me, just maybe it was being at the gallery, like I was looking around and I'm just like, I think some of these folks are just going to be massive.
00;09;12;07 - 00;09;12;28
Derek
Dude.
00;09;13;01 - 00;09;31;13
Aaron
So totally agree. Yeah. And I, I, you know, I like, was like, I wonder what it felt like to be in New York, right? In the, I guess, 70s to 80s when there was like all kind of that new, new American art movement. I bet none of them realized, like, how iconic some of those creators would be, right?
00;09;31;15 - 00;09;53;02
Aaron
Like, people probably were just looking around, not realizing, like how big this would get. And I don't know, I kind of got that sense a couple days ago. And I think I think Mickey kind of intuits that I think, no, just going to be really almost to its namesake, just a great place where a lot of that gets collected and shown and showcased to, you know, folks on the other side of the country.
00;09;53;05 - 00;10;16;17
Derek
Yeah, I couldn't agree more, Aaron. And I think so. I mean, even the name node. And like if you look at the mission statement, it's all about just like the network, right? It's all about these. It's surfacing kind of like these invisible networks in in physical spaces. Listen like it's it's I've had kind of a front row seat to this like glitch over the last three years where, you know, the the tagline was like a digital gallery or, physical gallery for digital objects.
00;10;16;19 - 00;10;42;16
Derek
It's really about taking all of the like the impressions, the energy, the network building, the provenance, the, you know, the collective social feeds that we all have tracking our favorite artists and collectors and, and those conversations that are happening thousands of times a day and bringing like a physical manifestation to that, that's really the DNA of glitch. And I think it's the DNA of what I think these, these galleries will have as part of, like their efforts to kind of bridge out in the physical spaces.
00;10;42;18 - 00;11;04;10
Derek
And even coming from a place like that, you are at such a structural advantage in terms of networking, an artist or an object than we've ever had before, where, you know, previously, it's like, you know, a coffee conversation of like an artist that you're following or, you know, you go to a showing for, you know, a brand new artist who's, who's got their first show and you're, you're trying to get educated.
00;11;04;13 - 00;11;35;09
Derek
We're we've completely, you know, supercharged the ability for folks to kind of follow and track and understand and digest well in advance of some of these first shows. And so I'm just like, I'm, I'm so excited for two things. One, which is just like the continued dominance that's happening around digital and crypto, but then also the ability for these physical touchpoints to now just be just so charged up with energy because just like there's not very many of them yet and there needs to be more.
00;11;35;15 - 00;11;47;22
Derek
And I just think, you know, these things are going to be massive and it's hard to pull your language. And I'm just very excited about that intersection. So I couldn't agree more with you and excited to see node and and a number of these galleries. Take a step forward out there in New York.
00;11;47;25 - 00;12;01;08
Chris
Since we're heaping praise upon node, let's let's also give them credit for not using a basic circle or as their logo. It's just a little thing sometimes that, that gets me excited.
00;12;01;13 - 00;12;06;23
Pri
Have you seen like, this stuff that people are saying about like all the AI projects, like having the same logo, like the.
00;12;06;23 - 00;12;08;05
Pri
Same little buttholes?
00;12;08;07 - 00;12;10;18
Aaron
Yeah, yeah.
00;12;10;20 - 00;12;12;03
Derek
Go on.
00;12;12;06 - 00;12;13;08
Aaron
That's really hard.
00;12;13;10 - 00;12;14;27
Pri
It's not.
00;12;14;29 - 00;12;16;07
Aaron
We need bury the punchline there.
00;12;16;08 - 00;12;18;14
Chris
Can we unpack that or.
00;12;18;16 - 00;12;22;14
Aaron
I mean, if you want to unpack that, Derek, go for it.
00;12;22;16 - 00;12;24;28
Chris
Doctor Floyd, please lay down on the couch.
00;12;25;01 - 00;12;26;03
Pri
Yeah, yeah.
00;12;26;09 - 00;12;29;16
Derek
Oh, man. Can can you can I can I get a.
00;12;29;16 - 00;12;30;03
Pri
Visual on.
00;12;30;03 - 00;12;35;15
Chris
This? I just look up Claude. Yeah. You just saw its logo. It's the quintessential butthole.
00;12;35;17 - 00;12;42;17
Aaron
It makes, you know, the. It's like once you see it, you can't unsee it. And it's like the forenza the the butthole fit in so that.
00;12;42;17 - 00;12;47;05
Derek
You can't see. See where we're going with that? See where we're going with this? I definitely cannot unsee now.
00;12;47;08 - 00;13;07;05
Chris
Yeah, I assume it's supposed to be like the, like a voice UI, you know, sort of like when it's talking to you, when you visualize a talking thing. I mean, I don't know, maybe that's where it's coming from. Maybe. Maybe they're like, yeah, what if we like, you know, combined, like the voice chat doohickey with star, right.
00;13;07;05 - 00;13;09;14
Chris
But like, make it really generic.
00;13;09;21 - 00;13;26;26
Derek
So I think you're right, Chris. I'll also just say we've had this conversation here, which is just like there is this fucking flattening of culture that's happening across everything. Like it's the same car design, it's the same outfits, it's the same, you know, laptop. Look, it's the same, you know, everyone's got the same thing. And like, there's this.
00;13;26;29 - 00;13;27;20
Pri
Instruction.
00;13;27;20 - 00;13;54;03
Derek
To, yes, there's been this total reduction down to, like, you know, the same design ideas. Even when the concept is different, whether it's a star or a voice sign or whatever, maybe, you know, like a weaving of, a fabric together. They all look like the same, whatever, butthole design. Because, like, there's just been this total reduction in of complexity and to simplicity and it's just totally flattened ideas down to kind of like their core parts.
00;13;54;03 - 00;14;04;17
Derek
So I think there's some there. I hadn't noticed it until you brought it up. I can think there's some there's definitely some ideas here that I feel like we as a group have been circling around for the better part of a year.
00;14;04;23 - 00;14;18;22
Chris
If you want to see this, like in action in physical space, look up like car model colors by year and the change in like we don't have red cars anymore. Everything's white and silver or black like.
00;14;18;22 - 00;14;21;17
Aaron
Yeah, or like Guerrero. It's like all pretty boring.
00;14;21;22 - 00;14;42;22
Chris
Yeah. And so, you know, it's like in technology you could make the argument, well, this is what happens when, you know, the founder gets elevated to a point that all decisions run through them and they're making design choices and yada yada, yada. But then, you know, Detroit and Korea and, and Tokyo and just like, nope, silver, silver SUV ish looking things for everyone.
00;14;42;25 - 00;15;11;10
Chris
So it is happening everywhere. And, you know, I wonder if that's like part of the information we have to absorb in our day to day now is just like scaling exponentially. And so you certain semiotic shortcuts or ways of like compressing more information down is like eliminating the, the visual diversity of the world you inhabit. So you can start short handing things, you know, all, all cars are silver and SUVs.
00;15;11;10 - 00;15;24;15
Chris
Now, all the luxury Anchorage models are like buttholes that we can see you information and like, I don't know, this world of like signs and symbols. It shouldn't be converging, but it certainly is. And so there's something going on there.
00;15;24;18 - 00;15;49;00
Pri
Yeah. You know, did you see in the times last week they like they like had in a style section. It was like beige is the color of money. Like it's funny that the wealthy back back in, you know, the good old Middle Ages era, even pre Middle Ages, like, you know, the Empire culture was very like crimson indigo like these kind of more no colors of nobility.
00;15;49;00 - 00;16;18;11
Pri
And now, like if you go to, like Sun Valley or Saint Moritz or anywhere like that, it's just like people wearing beige. Laura Piana and part of that's like part of the quiet luxury trend and everything. But it does feel so, yeah, it just feels a little dull and boring. I do feel like with that said, and I actually kind of tying this back to like heft and some of this, some of the digital art stuff, I do feel like maximalism is coming back, like bright colors, like extreme, just deep colors.
00;16;18;15 - 00;16;21;12
Aaron
It's Gen Stark all the way down, like patterns.
00;16;21;12 - 00;16;25;26
Pri
Like, I do think that there's like an energy around that that's finally going to come back.
00;16;26;03 - 00;16;33;04
Aaron
Yeah. I mean, it's pretty sad when beiges are, you're like alpha color. It's like pathetic. You can do better than beige, guys.
00;16;33;11 - 00;16;50;01
Derek
We can. And like, I don't know if you guys saw my, my Ford Bronco mock up earlier this week, but, I am all about bringing back maximum colors on everything. And thankfully, I have, you know, a number of on chain gradients by which to make that possible. So stay to stay tuned.
00;16;50;03 - 00;16;52;05
Aaron
The squiggle rainbow saves us all.
00;16;52;08 - 00;16;53;14
Derek
I think. So I.
00;16;53;14 - 00;16;57;21
Aaron
Honestly think that we need to make that, Wrangler Derrick.
00;16;57;23 - 00;16;58;20
Derek
Do. How how can.
00;16;58;20 - 00;16;59;24
Aaron
We make this a reality?
00;17;00;02 - 00;17;04;14
Derek
Can we? I think we can. I think we should, we can and we should make this a reality. And I think Max.
00;17;04;14 - 00;17;05;18
Pri
Power motors.
00;17;05;21 - 00;17;13;16
Derek
And I so I actually tagged Max power motors in that graphic. I should just drop him a line and, and see what he can do.
00;17;13;24 - 00;17;14;13
Pri
Yeah.
00;17;14;15 - 00;17;21;14
Chris
Do we have the budget on the show to afford a vintage Wrangler? Like, we might have to settle for a solid 900 year.
00;17;21;16 - 00;17;24;08
Derek
It might not run, but I think we could make something work.
00;17;24;15 - 00;17;34;05
Chris
Yeah. Let's, I mean, in that society. Gaslight reenactment from Zoolander. It's going to be epic. Probably go out with a Bang Gang.
00;17;34;07 - 00;17;35;25
Pri
Oh bit that.
00;17;35;27 - 00;17;39;16
Chris
Their last episode ever had. Guest. The gang starts a gas fight.
00;17;39;21 - 00;17;49;06
Aaron
Or how about we drive it into the desert and then, you know, it can have a fiery explosion that just leads to some awesome digital art that we could all take a look at. That'd be pretty.
00;17;49;06 - 00;17;51;25
Pri
It's very Shlomo coded, I like it. Shalom coded.
00;17;51;27 - 00;17;55;03
Aaron
Yeah. There we go. The collab is coming together.
00;17;55;05 - 00;18;24;25
Pri
Yeah, we could brainstorming session, but you know what? I was thinking about Aaron also, especially with the whole logo thing is like, do you remember when you created that autonomous artist like Aaron did this autonomous artist like two years ago or whatever, like right as ChatGPT came out or like you put a prompt and you could just improve the prompt and then the autonomous artist would just take that prompt and like, could have, you know, new work based on these improvements that would happen organically and like the outcome of every single prompt was like a circle.
00;18;24;29 - 00;18;30;01
Aaron
It was like an run or maybe a pothole. Yeah. So I was just drawing potholes over and over again.
00;18;30;03 - 00;18;33;04
Pri
So yeah, it's I'm saying I feel like the I know something like.
00;18;33;04 - 00;18;35;24
Aaron
It's like native shape is that maybe.
00;18;35;26 - 00;18;38;15
Pri
Time is a flat circle and it knows it.
00;18;38;18 - 00;18;41;23
Chris
We're all just living in Matthew McConaughey. He's large language models.
00;18;42;00 - 00;19;02;14
Aaron
It was weird though, I so the system was pretty basic. I think Porto's done a better job than what I did, and it was really like a prototype. But it it started with the simple prompt like make super compelling P5 scripts. This is like with GPT three and then 3.5, and then the subsequent prompts were really basic. They were it just said improve.
00;19;02;16 - 00;19;17;15
Aaron
It was kind of like, like an overbearing parent that just always said whatever you did was not good enough. And every single time it would come up with some, like I have on image, that it would just try to improve over and over and over again was super weird.
00;19;17;17 - 00;19;27;12
Pri
It was weird moving to another topic completely. But do you know what I'm kind of getting excited about again recently is Bitcoin.
00;19;27;14 - 00;19;33;02
Pri
Wow. Whoa, wait a hold up. Hold on. I think I need a second.
00;19;33;04 - 00;19;36;10
Chris
I really literally did just sit down for that.
00;19;36;12 - 00;19;38;14
Aaron
Tell us more. What is this. What is this.
00;19;38;14 - 00;19;39;05
Derek
Bitcoin.
00;19;39;10 - 00;19;40;21
Pri
What what are you talking about.
00;19;40;26 - 00;19;41;28
Aaron
You like the bitcoins.
00;19;42;05 - 00;20;03;29
Pri
No I mean I've just been kind of like I don't know, it's just I, I don't know if it's because it came up from 70 to 90 something. That probably is 99% of the top six. Oh yeah. Time to sell everyone. But no, I, I feel like it's going to be we're in for a bitcoin decade more so than the last 20 years of yeah whatever 17 years of its existence.
00;20;03;29 - 00;20;08;02
Pri
I feel like this next ten years is going to be like huge for the asset class.
00;20;08;08 - 00;20;32;16
Derek
Yeah. I mean like gosh, I have I have I have I don't even know if we want to make this like the topic of conversation for the next three months. I have a lot of thoughts on this idea, which is just like unpacking why that is. Listen, like, we're I think there's a couple of things that are very clear to to to the world right now, which are, I mean, like a lot of the assets that people like are risk assets and denominated in dollars.
00;20;32;16 - 00;20;57;13
Derek
And if it's not a risk asset and it's denominated in dollars, then you're thinking about, you know, the health and wellness of that currency and, the centralized powers that be that manipulate, you know, rates up and down and manipulate kind of the velocity of money inside of like, these systems, you know, there's there's dependency risk around all of those things that I just labels, whether it's an equity or just like that, the purchasing power of a of a single US dollar.
00;20;57;14 - 00;21;25;22
Derek
And Bitcoin is an amazing asset to preserve wealth, from an ideal ideology perspective. You know, it's it's a it's like it's moment is like finally here, which is just like mass chaos, mass uncertainty, mass risk. Oh. There's this just like pet rock that's digital and runs 24 over seven on this immutable ledger. And, and, you know, we can expect it to remain completely static in its, supply schedule and total supply.
00;21;25;22 - 00;21;47;03
Derek
That's it. That is now interesting to kind of, like, diversify into or preserve some of my purchasing power in light of some of, like, these global uncertainties that are that are happening. I think like that, like that is that that has been obvious to, I think, all of us inside of this space. But I but I feel like, you know, the time has come for it to become obvious on a global stage.
00;21;47;03 - 00;21;58;07
Derek
And I think that's kind of what we're seeing. I think it's and, you know, I have thoughts that stem out from there. But I'm curious, to hear if that's that's what, that that's what you guys are feeling as well.
00;21;58;09 - 00;22;15;29
Aaron
Yeah. I mean, I'm starting to feel it. I mean, my worry, I think I know it's a couple like a couple episodes ago is just. Will Bitcoin fulfill this kind of vision of being an Armageddon coin. And it looks like it is. Right. And so if that's the case then I think it's just it's it's kind of done right.
00;22;16;05 - 00;22;21;06
Aaron
Like done like the vision that you're describing or you're talking about pre like it just.
00;22;21;08 - 00;22;23;29
Pri
I don't know if it needs to be an over get enough coin though.
00;22;24;01 - 00;22;25;06
Pri
I just think kind of it.
00;22;25;07 - 00;22;34;02
Aaron
Kind of does. Yeah. Like I think it I, I really think if it can't land this narrative, there's going to be some, some challenges, but it looks like it is, that's all you can.
00;22;34;03 - 00;22;49;16
Derek
Yeah, I think it's I think its benefit has been how shapeshift it's been. We I think we covered this a couple weeks ago where it's like this one narrative is not working today, but let's pick this other narrative up. And that's why, you know, Bitcoin just jumps in on us $3,000. And I think that's been it's kind of like it's super power.
00;22;49;16 - 00;23;20;17
Derek
It's like been very plastic in the ideology around why numbers should go up. I do think that one of the biggest reasons for current number go up is the thing that Aaron is flagging, though. Now, whether or not that's the, the, the same thing that takes it from a 150 K to 500 K is a different story. But I do think that what investors or underwriters of Bitcoin right now are doing is they're looking at, you know, I flagged this about a month ago, but gold has just been on this fucking tear.
00;23;20;17 - 00;23;39;25
Derek
And for this exact same reason. Right. Like when gold is doing what it's doing and repricing, folks get a little concerned because like, that's usually a market based signal that like, things aren't quite right and people are moving away from, from other assets into, into something that, you know, that is a wealth preserving, store value.
00;23;39;28 - 00;24;02;04
Derek
And I think what people are doing now are looking at that, that, that delta between the market cap of gold and the market cap of Bitcoin and are slowly repricing gold, up in order to kind of like satisfy that delta. Now, I don't know how far we get. Like do these things reach parity. Does does Bitcoin outperform outpace that market cap in the 5 or 10 year run.
00;24;02;07 - 00;24;15;28
Derek
You know I think most Bitcoiners will say the answer is yes. But I think in the meantime like there's a lot that can happen globally. And it may pick up one of these other narratives in the meantime in order to satisfy, you know, a different job to be done, which I think is kind of cool. It's like one of Bitcoin's core strengths.
00;24;16;00 - 00;24;34;16
Pri
I so I get it. I, you know, gold is absolutely, you know, all time highs. It's incredible. And I get that Bitcoin is digital gold. And that's definitely a narrative. And the narrative is also shapeshifting. But I'm starting to think this is like more than an Armageddon thing you know or a digital gold asset. I think people definitely will treat it as such.
00;24;34;16 - 00;24;56;29
Pri
But because the narrative is shapeshift you for this thing, this asset, I just think it's something that's like, it's going to it's like it's had social media has been able to like proliferate the meme of Bitcoin, you know, to, to, to the level it is today. Like it's almost been like willed into existence by the internet. And there's going to be enough people.
00;24;56;29 - 00;25;24;15
Pri
There's more holders of like Bitcoin than like just general stocks, especially as you look at younger generations and their allocations, why they're holding it. I'm not convinced it's because they look at it like gold or some sort of digital gold. I literally just think it's like a meme for what's to come. And when I think about it's like a meme for like future, it's just it's like, when I think about the stablecoin bill that's actually like really bullish for Bitcoin, because that means that this technology is going to be ubiquitous.
00;25;24;15 - 00;25;46;16
Pri
And every single person's like social media profile in it with their bank, they're probably going to stake on it. And that's actually just good for the meme of bitcoin because Bitcoin just represents like a technology shift. It's not even like it's bigger than just an RV getting coin. I don't know, I've been feeling that lately. The I mean, and I've always felt like the importance of the asset, but I just feel like it.
00;25;46;23 - 00;25;55;24
Pri
It's yes, it's probably a part of my larger fourth learning theory, which we don't need to go down that rabbit hole, but I just think it's yeah, I think it's more important than this narrative around digital gold.
00;25;55;26 - 00;25;57;27
Derek
Yeah, I, I like that.
00;25;57;29 - 00;26;13;20
Chris
I'm revisiting my priors around another digital object and, you know, I'm finding myself maybe changing my opinions on, voxel size characters created by larger labs. Called me. What?
00;26;13;25 - 00;26;15;22
Pri
Whoa whoa whoa whoa whoa.
00;26;15;29 - 00;26;19;10
Pri
What are you just saying that to, like, be spicy for real?
00;26;19;11 - 00;26;20;04
Aaron
Yeah. What?
00;26;20;05 - 00;26;26;00
Chris
Chris, I mean, like, if we're talking about, like, mid assets, you know, it's the it's.
00;26;26;00 - 00;26;29;00
Aaron
The is it's the midst of assets. That's it's.
00;26;29;02 - 00;26;31;25
Pri
Not mid are comparing maybe it's two Bitcoin right now because.
00;26;31;25 - 00;26;33;20
Chris
No we sure are.
00;26;33;22 - 00;26;35;11
Pri
Coins.
00;26;35;13 - 00;26;53;05
Chris
I'm sorry three. But the core of the corn is mid. It's a mid. But that doesn't mean like within bidness there's a whole diversity of interesting things that can take place while still holding the center. You know mid mid is not always a derogatory term. You know, there's there's something, comfortable.
00;26;53;06 - 00;27;13;14
Aaron
It's mass. I mean, that's the the bookcase for me bits is just it's mass appeal. It's it is the credibly neutral, NFT. Nobody loves it. Nobody hates it, but it exists. And they're they're good enough. It's the Ohio. It's the Ohio of, of NFTs. Man. It just sit right in the middle.
00;27;13;19 - 00;27;21;29
Chris
There you go. And, you know, Ohio's producing Ohio State, JD Vance. It's partly, it's quite the cradle of it all.
00;27;22;02 - 00;27;24;05
Aaron
Yeah. It's quietly like there. Yeah.
00;27;24;07 - 00;27;26;20
Pri
It's Rick running for governor there, too.
00;27;26;23 - 00;27;28;19
Chris
As he bids for governor.
00;27;28;21 - 00;27;33;25
Aaron
Yeah, I would vote for me that for governor at this point. Definitely sign me up.
00;27;33;28 - 00;27;36;02
Pri
An AI powered me, but I'm here for that.
00;27;36;02 - 00;27;41;24
Aaron
I mean, I probably would do better than most of our governors, so, like, why not? Let's let's do it.
00;27;41;26 - 00;27;47;20
Chris
I mean, if you do it, certainly do a better job. Kathy Hochul.
00;27;47;22 - 00;27;50;20
Chris
You know, it's to. That's not going to like. What about.
00;27;50;20 - 00;27;56;03
Aaron
Gavin? Derek? What do you think? Maybe it or Gavin. What he choosing I wait.
00;27;56;05 - 00;27;58;14
Pri
So I just.
00;27;58;14 - 00;27;59;19
Derek
Read it out loud.
00;27;59;21 - 00;28;06;28
Aaron
Yes. Let's let's let's back back up the, the rainbow colored, Bronco just a little bit there.
00;28;06;28 - 00;28;16;00
Chris
And you can choose any one of a 20,000 rivets to run the state of California organic.
00;28;16;02 - 00;28;17;09
Pri
Who would I choose?
00;28;17;12 - 00;28;20;23
Derek
Yes, I would probably choose the one of one glitch. Big.
00;28;21;01 - 00;28;21;26
Aaron
Oh, yeah. Definitely.
00;28;21;26 - 00;28;22;09
Pri
Oh, yeah.
00;28;22;09 - 00;28;25;20
Aaron
Obviously the double two, like the double snouted.
00;28;25;23 - 00;28;26;28
Pri
The double snouted glitch.
00;28;26;28 - 00;28;54;23
Derek
Pig. There's nothing more interesting to look at in the movies collection than that thing. It's intimidating. I think it would. It would get the job done. It would understand how to, you know, take the interests of the entertainment industry back into a way that, fits well with with where actors and screenwriters and producers are thinking the industry's going and think, think through like, deeply about, from first principles, how to bring some of that revenue back back into California, not let it escape.
00;28;54;26 - 00;29;04;11
Derek
Just given its, its, corpus as a, as a digital cartoon character. And, I feel I feel pretty good about that. The good spec.
00;29;04;14 - 00;29;08;19
Pri
The glitch, Penguin crush, the manosphere. I feel like.
00;29;08;21 - 00;29;09;08
Pri
All right.
00;29;09;10 - 00;29;11;09
Chris
I would say this Boomer Skelly going to.
00;29;11;09 - 00;29;12;23
Pri
Run.
00;29;12;25 - 00;29;13;17
Derek
New Hampshire.
00;29;13;22 - 00;29;14;13
Pri
Meet New.
00;29;14;13 - 00;29;26;22
Aaron
York, I mean Massachusetts. That definitely seems like a Massachusetts type pick. Older population in Massachusetts hippie you know, got a little happiness to it. Yeah. Yeah. It's got like a Western mass vibe.
00;29;26;22 - 00;29;30;08
Chris
Chris Boomer skeletons for the Pioneer Valley.
00;29;30;10 - 00;29;32;23
Aaron
Yeah, completely. The Berkshires would love Boomer Skelly.
00;29;32;26 - 00;29;34;08
Pri
Yeah with the tide I.
00;29;34;08 - 00;29;39;04
Chris
Think so, but I am changing my priors around me. That's because of the no purple have I?
00;29;39;05 - 00;29;41;16
Aaron
I did I did see that that was the no.
00;29;41;22 - 00;29;43;24
Derek
What's the no. Per club I think I missed this.
00;29;43;24 - 00;29;46;13
Aaron
Maybe it's art, Derek. Maybe it's our art.
00;29;46;15 - 00;29;50;14
Derek
It's our art I believe that what is what's nope are doing with them.
00;29;50;16 - 00;30;13;11
Chris
We don't know. It was just announced this morning and there was like a quick, you know, 15 second trailer. So we'll see. But like to me to vote is boundaries stretching you can with the voxels. And so you know for Sergino team to kind of go to that place early on just shows a certain media savviness, a willingness to take risk.
00;30;13;11 - 00;30;21;21
Chris
But like, it's completely, you know, sort of revitalized the concept of what immediate can be and can do. So we'll see how it plays out. But it's very cool.
00;30;21;26 - 00;30;23;17
Pri
Looking at it now. Yeah.
00;30;23;19 - 00;30;24;15
Pri
It's fun.
00;30;24;18 - 00;30;26;13
Derek
There are some very cool.
00;30;26;15 - 00;30;51;06
Pri
Speaking of politicians, I read this crazy article that makes me want to, like, rethink my entire career and pivot into being an Amazon I ghostwriter for a living. Basically, like with Canada in this election, someone there's like 16 books about Mark Carney that were lost on Amazon in like the last month and then like with like five just published in one day and then like his rival has a bunch of books, too.
00;30;51;06 - 00;31;17;20
Pri
There's one author that's just like pumping out 550 books. Like everything from air fryer recipes to British history using I, I'm like kind, feeling this is like an interesting little avenue of exploration. There's that. Plus this is a total tangent and not related to the AI book generation thing. I think I want to start an I OnlyFans account.
00;31;17;22 - 00;31;19;25
Pri
All right.
00;31;19;28 - 00;31;21;17
Chris
Which way Western man.
00;31;21;19 - 00;31;25;01
Pri
Yeah. So where we that was a.
00;31;25;02 - 00;31;27;06
Derek
Tweet was that you got.
00;31;27;09 - 00;31;33;01
Pri
Sorry, sorry. I just like I've changed in a weird mood today but basically yeah I.
00;31;33;08 - 00;31;34;29
Aaron
Think pre Florida living.
00;31;35;02 - 00;31;41;26
Pri
I feel like there's a side it's like a little side gig I could maybe come up with in one of those two avenues.
00;31;41;26 - 00;31;42;23
Pri
I don't know which way.
00;31;42;24 - 00;31;50;05
Derek
Let's talk about can we talk about the I only fans so quick. So can you describe to me, can you describe to me the the how that works.
00;31;50;08 - 00;31;50;23
Pri
So are.
00;31;50;23 - 00;31;52;02
Derek
People. Yeah. Go ahead.
00;31;52;04 - 00;32;10;00
Pri
People are paying like a lot of money to communicate with these eyes similar to OnlyFans. But in this situation all you do is like create the person. You kind of set up the persona. They can chat with this AI and then you like basically generate images for, you know, your audience.
00;32;10;02 - 00;32;10;07
Pri
And.
00;32;10;07 - 00;32;12;21
Derek
What what kind of images are we talking about here.
00;32;12;23 - 00;32;14;11
Pri
Like not suitable for work ones.
00;32;14;12 - 00;32;35;11
Derek
Oh NSF w oh so this is already happening. So you're saying people are people are paying AI like AI generated platforms to they're simulating like OnlyFans behavior on these platforms and like they're getting like these photos or videos back from them. And what you're saying is you pre want to architect your own OnlyFans AI model and start monetizing this thing.
00;32;35;18 - 00;32;37;03
Pri
Correct? People are making.
00;32;37;05 - 00;32;38;06
Pri
Fun of you.
00;32;38;12 - 00;32;41;04
Pri
I want to do this experiment, but I also think.
00;32;41;04 - 00;32;44;03
Aaron
You really want you want that to be your business per.
00;32;44;05 - 00;32;44;25
Pri
Like a side.
00;32;44;25 - 00;32;47;21
Aaron
Gig. You want to be an AI pornographer?
00;32;47;23 - 00;32;51;13
Pri
No, but it's a side hustle like you make like.
00;32;51;16 - 00;32;54;00
Aaron
But is that a hustle you want to do?
00;32;54;03 - 00;32;54;24
Pri
I mean.
00;32;54;26 - 00;32;58;12
Pri
I think the answer is yes, I know, but, well.
00;32;58;14 - 00;33;07;07
Chris
I, you know, which which one would you rather do and like cranking out, 100 I cookbooks on Tuscany or.
00;33;07;10 - 00;33;11;27
Pri
Yes. You know. Yes.
00;33;12;00 - 00;33;12;24
Pri
Sure. Yeah.
00;33;12;26 - 00;33;19;26
Aaron
I'll said you come up with a new great Italian recipe that's socially fantastic. So.
00;33;19;28 - 00;33;25;12
Derek
While we're while we're talking about side hustles, are we going to talk about the fact that Chris F minted his first NFT collection this week?
00;33;25;17 - 00;33;28;26
Chris
Yeah. Let's do it. We are you.
00;33;28;28 - 00;33;35;21
Derek
What, you want to give us the, the star holder Alpha here? Chris, where's the discord place?
00;33;35;24 - 00;33;36;04
Pri
One.
00;33;36;04 - 00;33;38;03
Aaron
Metaverse. Chris. My metaverse.
00;33;38;06 - 00;33;38;24
Pri
What are we getting?
00;33;38;24 - 00;33;40;27
Derek
A market maker up on this collection?
00;33;40;29 - 00;33;53;08
Chris
Yeah. So I get three calls with winter new and sandbox set up after this. And I'm probably gonna connect with Nifty Gateway. So if anyone can get me hooked up with nifty.
00;33;53;11 - 00;33;56;25
Aaron
What about Animoca? Come on, get on, get in on it. Chris.
00;33;56;28 - 00;34;18;02
Chris
That that's coming later I, I want to meet with, SoftBank first time. You know I gotta do a little groundwork around that you know, and claim the rocket emojis. And so I got to figure out what the right emojis are for my collection as well. Like, you know, there was a lot of it's a lot of thought and planning that goes into establishing yourself, you know, on that scale, guys.
00;34;18;02 - 00;34;27;13
Chris
And so time travel is another one I gotta look into because it's only really works in the year of our Lord, 2021, until I get to figure out how to get back there.
00;34;27;16 - 00;34;35;16
Derek
The nice thing about setting it in space, though, is like the rocket images become way more authentic to the DNA of the project of true.
00;34;35;18 - 00;34;40;23
Chris
Oh shit. So you're saying, like, I really my first gallery show needs to be on an orbital platform?
00;34;40;26 - 00;34;42;09
Derek
I think, I think so.
00;34;42;12 - 00;34;49;11
Chris
Do we have orbital platforms available for digital art yet, or is that something we need? Mix them all to a node to get on?
00;34;49;13 - 00;35;11;14
Derek
That's a good question. I think, can I, can I maybe speak to to some of the art real quick because I actually love it? Yeah, I go, I don't, I don't, you know, I think you did something really fun, which is like set this, this constraint around like OSHA visuals and OSHA commands, but also like and so like these are signs that would otherwise be hung up in like a manufacturing facility or like a work place, back room or break room.
00;35;11;17 - 00;35;32;01
Derek
But you've, you, kind of layered them with, with, nomenclature and expressions and, and philosophy that I think is more true to kind of like the workplace of the crypto ecosystem, which was kind of fun and anyway, I really enjoyed going through them all. I really like the one that you sent me, and I just think it's a it's a cool.
00;35;32;01 - 00;35;42;27
Derek
It was a very accessible and very cool project. Did. And I don't know what even preempted this, but I want to I want to definitely give you some kudos because it's, it's a it's very cool, very refreshing.
00;35;42;29 - 00;36;17;09
Chris
Yeah. Thank you. It was an accident. Let's we can start with that. It was not intentional. And so what I was doing was I was developing concept art for my next music video in the back of my head somewhere, you know, like 1983 to 1987, like really cheesy men at work, Frankie Goes to Hollywood, like those sort of like bright neon warning signs would kind of pop into these videos and then, you know, they'd have like the band playing, you know, behind that or, you know, and like, really bad, like transitions and melt.
00;36;17;09 - 00;36;38;01
Chris
And so I was like, okay, I've got this like really obnoxious song. Can I try to figure out how to do that? And so I developed a couple songs, and then I realized that the video models can't pick out the diagram, but then the sign and just bring that to life while holding all the images still. But like, I had this interesting sort of package.
00;36;38;01 - 00;37;05;02
Chris
And so I was just screwing around with it, right. Like part of this was for, oh, as a model is very different than other image generation models in that it holds a conversational thread, right? Like you're sitting inside the Lem. And so you have the power to bring in all these, like, hefty conceptual payloads into your image making process.
00;37;05;05 - 00;37;26;17
Chris
And so like that to me was really interesting because, like, you know, in AI art, I think at this point in time, it's really, you know, easy to like, lean hard into how good a picture can look. And, you know, that's a great skill and all. But like, it's not an area particularly wanted to compete in or felt I could.
00;37;26;19 - 00;37;51;19
Chris
And so to me it was more like, how can I get this like hefty conceptual payload reduce down into this language of like stick figures and warning signs and just play around with that as a concept. And so really like all I was doing was just like I had this failed conceptual, you know, art, art concept, this visual ID.
00;37;51;21 - 00;38;16;16
Chris
And I was just like, well, this, this is still something that like is producing really interesting output. Let me lean in and let me see how weird I can get it. And so, yeah, you're getting like a lot of critical theory, a lot of philosophy applied into like, you know, like casual science. There's something that are very physical, you know, in a way like OSHA doesn't care about your mental health, right?
00;38;16;16 - 00;38;44;27
Chris
Like OSHA is really concerned about, like a parking garage gate covering you in half or like an errant brain swinging around, decapitating you. And so, like, there was a whole other space just to expand into dread feelings, you know, heady concepts around, you know, simulation and simulacra, absurdism or just even like, market psychology. And so that's what I was doing, and I just didn't stop doing it.
00;38;44;27 - 00;39;00;02
Chris
And it's like, you know, for it takes a while to generate stuff. And so it's a nice background sort of thing where you're on a call, you fire one of these off, you're watching a hockey game, fire went off, you're on vacation drinking beers out in the back porch at 11 p.m. at night, and you fire a couple of these off.
00;39;00;02 - 00;39;12;10
Chris
And just at a certain point, I ended up having enough of them that I was like, oh, well, this is cool. You know, like, I could probably whittle this down into a collection. So yeah, that's that's what I did.
00;39;12;13 - 00;39;16;22
Pri
It's, it's like OSHA signs for your online mental health.
00;39;16;25 - 00;39;18;03
Chris
Pretty much. And.
00;39;18;04 - 00;39;19;12
Derek
Yeah, exactly.
00;39;19;15 - 00;39;41;00
Chris
That's an area. No, no. You know, people don't really tackle. And it you know, Twitter is such a like a tough space right now. You just shoot these things out. I also like shoot them out as they come out and stuff like drafted like getting fired late at night or whatever. And you know, like some people would like DM me and like, oh, I love this or, you know, but like generally like these things just go out into the void.
00;39;41;04 - 00;40;01;22
Chris
And I was like, all right, well, let's, let's say like, rather than just randomly firing these one of the time, let's throw them all together and see how they look in a gallery. And, you know, they look really good. And then it was just like, well, what am I doing with this? And like, I don't want the hassles of an NFT drop, you know, like, if I'm ever going to ask you money for money, I'm going to tum it like a scale.
00;40;01;22 - 00;40;25;14
Chris
I'm used to operating at and like, it's not, you know, random AI, emerging artists like any .05 ether, these things sort of thing. And so I decided to give them away to people. And, you know, part of that was like laziness on my part. You know, I want to distribute diffusion, but like, hey, this is something I'm doing while I'm waiting for like beta readers to finish up my books, I can go back to my book.
00;40;25;20 - 00;40;50;03
Chris
But then another aspect of it was like, one of the great things about the NFT space in the Bull run was like, you show up every day and you didn't know what you were going to get or what you were going to see, and that that sort of nostalgia was like, you know, just start sending things out to people, just, you know, whoever's around, whoever you interact with to shoot him a DM and say, here's this, here's this weird ass thing, here's a write up of it.
00;40;50;03 - 00;41;09;00
Chris
If you like it, you know, don't let me know which piece you want, which address. And that's what I did. And so anyway, they're pretty well received. I got, I think 19 of the 60 left that I'm just waiting to hear back from people on. And, you know, I'll give them away. And OSHA core the most philosophical of the signs.
00;41;09;00 - 00;41;09;28
Chris
There it is.
00;41;10;00 - 00;41;11;03
Pri
I want one.
00;41;11;05 - 00;41;15;06
Chris
You know, I, I told you guys about it before anybody, so.
00;41;15;08 - 00;41;18;13
Pri
I know I missed it. I'm sorry.
00;41;18;15 - 00;41;20;20
Chris
I, I can find room for you, but.
00;41;20;22 - 00;41;25;14
Derek
The floor price is 30, so you probably want to get it on the super quick.
00;41;25;17 - 00;41;30;28
Aaron
Hey, Chris, you're going to turn this. Are you going to turn this into a content coin next or what's the next step?
00;41;31;00 - 00;41;47;06
Chris
I mean clearly, is it a content coin? I mean, I'm still working out like with my shadowy cabals, you know, I don't understand, like, the mechanics of radium fully yet. I got to get, like, the rug. Right? But don't worry.
00;41;47;09 - 00;41;48;19
Aaron
I'd also like one.
00;41;48;22 - 00;41;54;05
Chris
Great. I'll, I'll. I'll shoot you guys both a link and, you can two. What's left?
00;41;54;07 - 00;41;55;09
Aaron
Let's go.
00;41;55;11 - 00;41;59;03
Pri
There's like nothing. Nothing listed.
00;41;59;05 - 00;42;00;23
Pri
Can we can we get free to stop.
00;42;00;23 - 00;42;01;24
Derek
Flooding my bags.
00;42;01;24 - 00;42;05;18
Pri
Over here? All right, it's in. It's in market discovery mode.
00;42;05;20 - 00;42;06;01
Derek
All right.
00;42;06;01 - 00;42;09;19
Pri
Pre warehouse. Let let it digest.
00;42;09;22 - 00;42;10;05
Pri
Fine.
00;42;10;08 - 00;42;31;16
Chris
We're still disseminating the, the importance of like, psychological OSHA quote, warning signs that that sort of like meaning making is going to take a little bit. But we'll measure it in a etherium gas fees along with my rocket emojis. Oh my God, it costs $0.14 to transfer this, this NFT to someone for emojis. Emojis.
00;42;31;19 - 00;42;34;08
Derek
So there you go.
00;42;34;10 - 00;42;37;18
Chris
What is the Davos of OSHA? Because that's what I need to get to.
00;42;37;20 - 00;42;39;01
Pri
The Davos of of.
00;42;40;08 - 00;42;49;06
Chris
Where are the world's top safety semiotic influencers meeting every year. So they getting, parade these around. And when acclaim.
00;42;49;08 - 00;42;51;14
Aaron
The Democratic Party.
00;42;51;16 - 00;42;54;24
Pri
The God I was gonna say sorry.
00;42;54;26 - 00;42;56;13
Pri
But the.
00;42;56;16 - 00;42;58;14
Aaron
The what the has.
00;42;58;16 - 00;43;00;09
Pri
No W.H.O..
00;43;00;12 - 00;43;04;10
Aaron
Oh. Play some insurance conference, Chris. That's where you should take this.
00;43;04;12 - 00;43;09;04
Chris
Send me the hard truth I gotta get, I think. Time to get back to Harvard. Yo.
00;43;09;04 - 00;43;10;04
Pri
Take this. Take this.
00;43;10;04 - 00;43;14;09
Derek
NFT sales drive on the road to to the to these conferences.
00;43;14;09 - 00;43;15;27
Pri
To the great American, the great.
00;43;15;27 - 00;43;18;22
Aaron
Global insurance conferences.
00;43;18;24 - 00;43;21;05
Pri
Honestly, I would love to see.
00;43;21;11 - 00;43;25;17
Derek
You just take this concept up to an 11 and just, like, pack a briefcase.
00;43;25;17 - 00;43;26;11
Pri
Chris.
00;43;26;13 - 00;43;31;03
Derek
And just hit the road, dude, hit the road. All these insurance conferences.
00;43;31;05 - 00;43;39;28
Chris
OSHA core is that Chubb this week. Oh oh progressive Bermuda as we talk reinsurance.
00;43;40;00 - 00;43;44;25
Aaron
Hey there well-capitalized good at risk management long term holders.
00;43;44;27 - 00;43;45;16
Derek
There you go.
00;43;45;20 - 00;43;47;13
Pri
Perfect. All the perfect answers.
00;43;47;15 - 00;43;50;24
Aaron
And they need they need something. They're probably a little bit bored.
00;43;50;26 - 00;43;52;26
Pri
And Bermuda rocks.
00;43;52;28 - 00;43;58;07
Chris
Vaporwave safety core esthetics are gonna, like light their world on fire.
00;43;58;10 - 00;44;05;18
Pri
It's a whole place that they didn't know they wanted to actually regulate. But online mental health, if you've awakened something.
00;44;05;20 - 00;44;10;17
Chris
What if my slides aren't even, like OSHA compliant? And in and of themselves.
00;44;10;20 - 00;44;15;08
Derek
Like like the sizes are off or like like in what? And what in what manner.
00;44;15;15 - 00;44;20;10
Chris
The sizes are off. The, instructions are like unclear and ambiguous.
00;44;20;12 - 00;44;23;20
Derek
I think that's the color of that. That's all part of the art, baby.
00;44;23;25 - 00;44;24;01
Aaron
Yeah.
00;44;24;02 - 00;44;25;05
Chris
That's the you can get away.
00;44;25;05 - 00;44;27;01
Pri
That's the reality.
00;44;27;03 - 00;44;28;04
Aaron
That's the reality, Chris.
00;44;28;05 - 00;44;33;15
Derek
Yeah, but the rarity is finding the one that is ultra compliant.
00;44;33;17 - 00;44;37;23
Chris
You could hang the sign in the nursing home.
00;44;37;25 - 00;44;45;27
Derek
I actually think this has legs. I think this concept has legs. I think you should, listen for for your bag holders. Will you at least entertain the idea of hitting the road?
00;44;46;04 - 00;44;52;11
Chris
I mean, look, I only making it to Manhattan for, like, NFT New York. I don't even comment for these gallery openings. So,
00;44;52;14 - 00;45;02;16
Aaron
I will note that the color palette would look really great on a Bronco, and that's like, that's how you should drive up to all these insurance.
00;45;02;18 - 00;45;04;02
Derek
Now we're talking, oh.
00;45;04;05 - 00;45;13;03
Chris
Man, spend $75,000 on vintage Bronco. So wrap it in OSHA signs and head to Hartford.
00;45;13;06 - 00;45;13;29
Pri
Yeah.
00;45;14;01 - 00;45;16;23
Aaron
Checks out, checks out. That's a good strategy.
00;45;16;26 - 00;45;25;21
Chris
Look, if I'm not on Gandhi in nine months, this is. This is all a failure. So to my bad folders, I want people defaulting on these signs by next year.
00;45;25;23 - 00;45;26;01
Derek
There we.
00;45;26;01 - 00;45;26;17
Pri
Go.
00;45;26;20 - 00;45;34;27
Pri
I need to become a bag holder. Go get my hands on these things. I'm like, deep into Google image. Oh, so OSHA signs right now. I got to stop.
00;45;35;00 - 00;45;52;04
Chris
Once you start seeing him. So my whole fascination with this thing started when I moved to California. And then like, you know, just in my apartment building, you know, like the garage in the basement has this crazy sign about, like, someone literally getting caught in the side of a gate with, like, their arms and legs stuck out. And I'm just like, holy shit.
00;45;52;04 - 00;46;21;08
Chris
Like a why do you need a sign for this to be. This is just wild. And you just, you know, like, California's very, very concerned about, human contact with mechanical objects, and you just started seeing them everywhere. And so that was the genesis for all of this. But now it's out in the world in its own twisted, haunted, spiritually and philosophically infused ethos of, stick diagrams confronting the void.
00;46;21;10 - 00;46;23;16
Aaron
Hey, guys, you know what I've been into recently?
00;46;23;18 - 00;46;26;27
Chris
TCP, ICP. So I guess.
00;46;26;29 - 00;46;31;19
Aaron
I've been into this thing called Ethereum. You guys heard of it?
00;46;31;21 - 00;46;33;19
Pri
I have to tell me about it.
00;46;33;21 - 00;46;40;01
Derek
I've actually I've been I've been there actually. Yeah. Aaron, tell us a little bit about it there and then I'll, I have I got a note to share it. Yeah.
00;46;40;04 - 00;47;02;22
Aaron
It's a global settlement layer that seems to just be getting its, its stuff together. Been talking a little bit with folks in and around the Ethereum Foundation, and it just seems like they're really, getting stuff moving in the right direction. They're people are getting, you know, nice nudges to, to either step it up or bringing in new folks to kind of accelerate everything in and around Ethereum.
00;47;02;26 - 00;47;05;01
Aaron
That's been it's getting me pretty excited.
00;47;05;04 - 00;47;46;22
Derek
You know, I saw something that came out over the weekend on Ethereum magicians, was a Vitalik post around, swapping out the execution layer with the from the EVM to, risk Risc-v. It's like a virtual machine language. And, I would say like it's core. I've dug into the the post a little bit, but I would just say broadly something I have noticed and, Aaron, you might be able to confirm, being in dialog with these folks is like the it feels like folks are at least willing to go through the intellectual exercise, revisiting how to make the layer one great again and like and that means optimizing it and supercharging it and
00;47;46;24 - 00;47;57;04
Derek
repackaging. Maybe compete kind of like component technology parts with upgraded ones and like that's cool. Like I haven't felt that in a while and I'm I'm excited about it.
00;47;57;06 - 00;48;18;08
Aaron
I think it's even you're going to see even more from it. Like, I just think you're going to see more stuff coming in and out of the foundation. New ways to support projects, new initiatives and just, you know, eath continuing to be good at what it's doing. I think it gets lost in the sauce, but the ability for it to even swap out some of those pieces.
00;48;18;08 - 00;48;26;01
Aaron
Derek is unique, right? Like no other blockchain ecosystems. Really been able to do that at scale with with low to no risk.
00;48;26;01 - 00;48;54;04
Derek
Right? I'll add one note to that, which is like that idea that you're describing. Plus kind of like this renewed interest in like making the one faster and more scalable and more interesting for value accrual and and being like seeing this, Vitalik was seeing kind of the the dollar trade around East over the last couple of weeks and then going and checking some of like you know, collections like there's like, you know, 40 or 50 collections, on our blocks and elsewhere around the space that I've been keeping an eye on.
00;48;54;07 - 00;49;06;13
Derek
I've just I've started buying crypto art again, like in a, in a pretty, in a larger way than I have historically over like the last 6 to 12 months. You know, I'm, I'm happy to kind of like walk through the math there of like, my thinking, but, I'm.
00;49;06;14 - 00;49;07;18
Aaron
Please do.
00;49;07;21 - 00;49;29;16
Derek
Well, I'm, I'm, I would just say like, you know, something that I like to do is just like, kind of, chart out, you know, chart out, like, like potential space for, for asymmetric investments. It's like what I'm wired to do as a venture investor. It's what I've loved to do collecting art. It's, you know, I have to use that part of my brain so much that I.
00;49;29;16 - 00;49;58;16
Derek
I'm just, like, constantly, like, looking for for opportunity space and, you know, like, when I see people chanting the death of East and like, the, you know, the eth BTC chart, just like getting completely demolished and, you know, and like, attention and energy elsewhere, like, it's fun for me to go back and like, try and intellectually go to the exercise of, of trying to figure out, okay, well, what does this look like for, for energy or enthusiasm to return?
00;49;58;18 - 00;50;18;14
Derek
And, you know, from a, you know, a dollar eath perspective, like I think we're at that point now, of course, like this is not financial advice. Like things can always trade lower. Like we're at the whim of global macro in many ways. But from a, you know, an East dollar price like historically, this is I would call it like an undervalued range relative to the rest of the crypto asset space.
00;50;18;14 - 00;50;38;19
Derek
And now you can argue that it's deserved or like you know, that arb between other layer ones and and east needs to close in order to kind of account for some of like the new activity. But I would generally say like for the, for the Schelling point and the network effects and the L2 infrastructure and the robustness of the protocol, like, I like the theory I'm at these level.
00;50;38;19 - 00;51;12;29
Derek
So like I think it's an it will continue to be like one of our most durable projects and networks. And I'm excited about its vision and so like that's part one. And then part two is if you believe that like Bitcoin's price action is, interesting and why it's interesting as this mechanism to preserve Walter and store value, then what we've found across history is that humans will always find the past after the past or the the the trade after the trade to figure out how to do that same job to be done, but in things that are a little bit more nascent or a little bit more risk on.
00;51;13;02 - 00;51;36;27
Derek
And to me, knowing what art and the, you know, the $2 trillion asset class that is, you know, fine art has done for preserving wealth and storing value over, you know, hundreds if not thousands of years. You know, I you have to imagine that, like, there will be there will be interest in that job being served again in like for future generations and more digital formats.
00;51;36;27 - 00;51;57;29
Derek
And this was like really the thesis by my, storing Value in Digital Objects article and essay, a few years back and knowing that these things are East denominated and that they've kind of been beat up as attention has gone elsewhere, there's really like two interesting like I would say, like, let's call it like pricing, factors that are interesting to me.
00;51;57;29 - 00;52;17;17
Derek
The first is like the dollar price of east and then the second prices, the eath price of objects and collections that I think are culturally or historically interesting that also satisfy this idea of no external dependencies and then can match some of like the wealth preserving job to be done as Bitcoin or gold. And so there's collections out there that are on the art blocks contracts.
00;52;17;17 - 00;52;38;05
Derek
There's collections out there that are elsewhere that that I think are kind of like underpriced for, for that eventuality. If you're taking, you know, a 3 or 5, ten year horizon on, on allocating capital, which I tend to do. So, you know, I've started nibbling again. I'm excited about, you know, returning to some of these collections and objects and, they're not going anywhere.
00;52;38;05 - 00;52;55;21
Derek
That's the beauty of the stuff. They are going to persist forever as long as Ethereum is producing blocks. And if you believe that Ethereum will continue to grow, as I do in its relevance and its network and, and its, you know, ether as, as commodity money, then these objects that are denominated in ether historically at the top end.
00;52;55;21 - 00;53;05;13
Derek
But, you know, even even in points like this become interesting places to revisit when like attention is not on them. And so anyway, that's some alpha for, for the crew here.
00;53;05;16 - 00;53;25;22
Aaron
And then I think we all are very sympathetic to that perspective. I think I thought it was interesting. I saw a couple people tripping just about, you know, AI and lack of scarcity. And then it just it really does feel like a lot of these things are going to be the exact opposite of that. So in a world where less and less stuff is scarce, whether that's labor, whether that's, you know, possibly even attention, right.
00;53;25;22 - 00;53;50;14
Aaron
If you have an agent, just like absorbing all this information and synthesizing for you, like there really are going to be few areas where there's scarce, scarce assets. And the fact that they are eath denominated, does make a difference. And that's why I. Chris, I know you're going to get even more bullish about me. That's why don't you see the, the difference in pricing between a, a crypto punk anime, but you realize it's just it's so out of whack.
00;53;50;16 - 00;54;12;26
Chris
Well, I don't want to go that far, Jesse. I'd rather sticking to a narrow band of things like grifters and Remnants in which. Yeah, this is playing out, remnants of been on an absolute tear. And they're the people in the space of mocked me in the past when I said that, remnants would flip grifters and you know that, it's something that just can't stand.
00;54;12;29 - 00;54;43;14
Chris
And so the logic of the marketplace will eventually bear me out. But that gap is really, really closed down. And it is it's interesting to see, you know, during this broader period of, like, inactivity where the outliers are and how they're choosing to behave. And so, you know, in certain ways, I think we could actually look at both me bits and remnants here and say there are different dynamics at work and there are different moments in their life cycle.
00;54;43;14 - 00;55;11;10
Chris
You know, where remnants really was like the world waking up to certain immutable truths about them in terms of their scarcity, in terms about their construction. You know, and like recognition of this evolving, you know, state of X copies, art style and moving into like, new terrain and, you know, all that finally kind of getting digested in the world, catching up to it, via price action.
00;55;11;10 - 00;55;45;19
Chris
Whereas me bits is really more about, hey, this is a brand that had so much potential and possibility, but no one willing to put the time and resources into developing those things. Finally getting an opportunity to, you know, kind of run the Vox's metaverse characters through their paces and actually see what that landscape is. And so I'm really excited to see kind of, you know, get it restart itself and go through that process of like, discovery and exploration.
00;55;45;22 - 00;55;57;15
Aaron
It feels like that is the era we're entering into a new one. It's exciting. Whether it's Bitcoin, whether it's ether, whether it's me bits, whether it's remnants, whether it's rainbow colored Broncos. Like this is the era.
00;55;57;18 - 00;56;07;09
Chris
And let's not forget, the intersection of OSHA core semiotic, payloads and maritime reinsurance.
00;56;07;11 - 00;56;09;15
Aaron
The most, the most interesting of them all.
00;56;09;20 - 00;56;13;04
Pri
I feel like we turn a real corner from last week right now. Thanks, Derek. Yeah.
00;56;13;04 - 00;56;15;14
Pri
Thanks, Derek. Yeah. You're welcome.
00;56;15;20 - 00;56;19;11
Aaron
Thanks for your your energy. Back into us.
00;56;19;13 - 00;56;23;01
Derek
Let's go. Dude, it's the sun is does wonders for my mental health.
00;56;23;08 - 00;56;24;26
Pri
It really? Yeah.
00;56;24;29 - 00;56;36;26
Chris
It's true. It's, it's sunny in New York. Trees in Florida and Derek's out in LA. And so maybe the sun was all we needed to, get us out of this. The malaise you know what? Before we go, we should, intro the show.
00;56;36;28 - 00;56;39;03
Aaron
Yeah. That's that's. Yeah, let's work on that.
00;56;39;05 - 00;56;56;26
Pri
Yes. I really gotta work on that. Yeah. Welcome, everyone to Nut Society. It's me, Chris, Aaron and Derek today. As you guys know, this podcast is about exploring the world, digital art, crypto, AI and tech. And we're bringing you deep insights, fresh perspectives, and hitting on some themes that are exploring some of the DAOs. Just a quick disclaimer.
00;56;56;26 - 00;57;04;04
Pri
These thoughts and opinions are own and not of our employer. So yeah, on that note, let's get it going.
00;57;04;06 - 00;57;14;25
Chris
So just to be clear, when you want to start an AI only fans account, that's as a side hustle, unaffiliated with your professional capacity as a Attribute Labs employee.
00;57;14;27 - 00;57;18;26
Pri
Oh yeah. Yeah, totally. Totally. I haven't even told Aaron about this idea.
00;57;19;03 - 00;57;25;06
Chris
I wouldn't actually don't tell him at all because he's he's going to get concerned. He's going to try to steer you into something lame, like cookbooks.
00;57;25;08 - 00;57;26;29
Pri
Okay.
00;57;27;01 - 00;57;30;16
Pri
Well, we're that's I could pivot my influencer into cookbooks.
00;57;30;18 - 00;57;33;13
Chris
Yeah. Once you legitimately legitimize it.
00;57;33;15 - 00;57;33;28
Pri
Yeah.
00;57;34;01 - 00;57;37;04
Derek
I'm just waiting for the OnlyFans OSHA collab. I think that's what the people.
00;57;37;04 - 00;57;39;03
Pri
Are.
00;57;39;05 - 00;57;48;18
Chris
Live for. You get this thing off the baseline and then pivot over to, the cooking channel. And once she's own that OSHA core is waiting for her.
00;57;48;20 - 00;57;49;13
Pri
Beware.
00;57;49;15 - 00;57;50;24
Chris
All right, gang.
00;57;50;27 - 00;57;53;05
Derek
Good stuff. Crew. I'll see you guys later.
00;57;53;07 - 00;58;00;12
Pri
Bye.
00;58;00;15 - 00;58;11;27
Pri
Oh.