Balaji Srinivasan

The same kind of thing that you've consented to online where you enter a Slack, you enter a Reddit, you enter a Discord, you consent to moderation.

If you don't like it, you can leave and pick from another one of those thousand.

We bring that concept offline, just like with the Envoy kind of thing, except you sign a social smart contract before you enter jurisdiction.

And in this fashion, you opt into constraints.

You start rebuilding conventions of civility.

But crucially, we do it from...

Anglo-American first principles.

There's consent and there's contract, right?

You're opting into those constraints.

You have free choice.

It is not opt-out imposed Chinese communist, you know, censorship and filtering.

Does that make sense, right?

So we restore order, but through liberty, ordered liberty.

Okay.

So that might seem very abstract, but kind of like the ledger of record stuff, I think it's going to be pretty important in the years to come.

Okay.

And so let me pause there.

There's a lot I just said, but that's also, that gives a rationale for why the media, A, is mad at us because we've taken over the dissemination

presentation and collection presentation and dissemination of information we've disrupted them economically there's a you know the print media disruption graph that i always like right do we show that one we didn't show that one yet right let me show that one this this is maybe this probably should have shown this one first but um basically the internet just disrupted media that's why they're so mad at us right we didn't mean to do it but we did it um and uh here we go hold on

So take this guy, put this on screen if you wouldn't mind.