Ben Rubin
๐ค SpeakerAppearances Over Time
Podcast Appearances
And for sure, in a mathematical way, you can prove that this is the one. And you say, hey, like in order for me to buy it from you, this is going to go to an escrow that also exists in a permissionless way. with my money in a permissionless way. When I get it, the only way for me to get it is when I get it in my hand, the only way to
secure my reputation is to release the funds from the escrow to the seller and receive that that nft sorry again for the for that word but like we release that that digital image right no because i feel like digital image that is verifiable to me and in that way i have um didn't lose any of my reputation as a buyer and the seller didn't lose any of the reputation of, uh, the seller.
secure my reputation is to release the funds from the escrow to the seller and receive that that nft sorry again for the for that word but like we release that that digital image right no because i feel like digital image that is verifiable to me and in that way i have um didn't lose any of my reputation as a buyer and the seller didn't lose any of the reputation of, uh, the seller.
secure my reputation is to release the funds from the escrow to the seller and receive that that nft sorry again for the for that word but like we release that that digital image right no because i feel like digital image that is verifiable to me and in that way i have um didn't lose any of my reputation as a buyer and the seller didn't lose any of the reputation of, uh, the seller.
Not only this, maybe we can both, uh, uh, rank one another, right? And how good was that? Just thumbs up, thumbs down. How good was the experience, right? Then all of the sudden you start getting this, uh, uh, publicly available and permissionless and secure database of who has what watches. It includes also the transactions of the... the money itself.
Not only this, maybe we can both, uh, uh, rank one another, right? And how good was that? Just thumbs up, thumbs down. How good was the experience, right? Then all of the sudden you start getting this, uh, uh, publicly available and permissionless and secure database of who has what watches. It includes also the transactions of the... the money itself.
Not only this, maybe we can both, uh, uh, rank one another, right? And how good was that? Just thumbs up, thumbs down. How good was the experience, right? Then all of the sudden you start getting this, uh, uh, publicly available and permissionless and secure database of who has what watches. It includes also the transactions of the... the money itself.
So it's highly, highly cost prohibitive to betray it, right? To be a bad actor on it. And now instead of going through, you know, million different forums and blogs and try to verify who is who and what's what. And I'm hearing, you know, there is like horror stories where like some, some of those, not horror stories, but like,
So it's highly, highly cost prohibitive to betray it, right? To be a bad actor on it. And now instead of going through, you know, million different forums and blogs and try to verify who is who and what's what. And I'm hearing, you know, there is like horror stories where like some, some of those, not horror stories, but like,
So it's highly, highly cost prohibitive to betray it, right? To be a bad actor on it. And now instead of going through, you know, million different forums and blogs and try to verify who is who and what's what. And I'm hearing, you know, there is like horror stories where like some, some of those, not horror stories, but like,
Some of the people who sell online have great reputation in a specific site and some have in another site, but they not share the same inventory. So one will post on behalf of the other in their inventory to increase. You know, it's kind of a collab, you know, and you kind of you don't control that. Right. But it also opened another avenue where like.
Some of the people who sell online have great reputation in a specific site and some have in another site, but they not share the same inventory. So one will post on behalf of the other in their inventory to increase. You know, it's kind of a collab, you know, and you kind of you don't control that. Right. But it also opened another avenue where like.
Some of the people who sell online have great reputation in a specific site and some have in another site, but they not share the same inventory. So one will post on behalf of the other in their inventory to increase. You know, it's kind of a collab, you know, and you kind of you don't control that. Right. But it also opened another avenue where like.
you want to, you have, you have a watch that you want to sell to me like somebody, but you don't know who they are and what it is. Okay. Show me, show me your, your, your, show me that watches like, uh, you know, NFT. And then you can see like, okay, who owns it? It's you. What's the, what's the credit?
you want to, you have, you have a watch that you want to sell to me like somebody, but you don't know who they are and what it is. Okay. Show me, show me your, your, your, show me that watches like, uh, you know, NFT. And then you can see like, okay, who owns it? It's you. What's the, what's the credit?
you want to, you have, you have a watch that you want to sell to me like somebody, but you don't know who they are and what it is. Okay. Show me, show me your, your, your, show me that watches like, uh, you know, NFT. And then you can see like, okay, who owns it? It's you. What's the, what's the credit?
What's the reputation, you know, and you can actually feel relatively secure to do this transaction without the, uh, Because right now, all these marketplaces, they take arbitrage to create the illusion of trust, right? So they take their 20% or 10% of the transaction because they are, you know, Chrono or other places where people buy watches.
What's the reputation, you know, and you can actually feel relatively secure to do this transaction without the, uh, Because right now, all these marketplaces, they take arbitrage to create the illusion of trust, right? So they take their 20% or 10% of the transaction because they are, you know, Chrono or other places where people buy watches.
What's the reputation, you know, and you can actually feel relatively secure to do this transaction without the, uh, Because right now, all these marketplaces, they take arbitrage to create the illusion of trust, right? So they take their 20% or 10% of the transaction because they are, you know, Chrono or other places where people buy watches.
But if you can verify that a watch and the seller are in good condition and the seller is a good seller and the watch is in a good condition and there is a good layer of trust there, then you can actually maybe make the market a little bit more efficient and remove the third party that, you know. So that's that's essentially the idea.