Mark Changizi

Right. Really, it's all emotional expressions sprinkled with propositional-like content attached to it rather than propositional content sprinkled with emotions. This is the wrong way to think about it. Most of what we're doing, all of these things are amounting to pushing in chips because I've said that I'm so right about something for these reasons or I think you're so wrong for these reasons.

Right. Really, it's all emotional expressions sprinkled with propositional-like content attached to it rather than propositional content sprinkled with emotions. This is the wrong way to think about it. Most of what we're doing, all of these things are amounting to pushing in chips because I've said that I'm so right about something for these reasons or I think you're so wrong for these reasons.

Right. Really, it's all emotional expressions sprinkled with propositional-like content attached to it rather than propositional content sprinkled with emotions. This is the wrong way to think about it. Most of what we're doing, all of these things are amounting to pushing in chips because I've said that I'm so right about something for these reasons or I think you're so wrong for these reasons.

I'm pushing in chips, social capital chips when I tweet. Right. Or I'm saying, I'm not really sure, but maybe it's this. So I push in one tiny little chip.

I'm pushing in chips, social capital chips when I tweet. Right. Or I'm saying, I'm not really sure, but maybe it's this. So I push in one tiny little chip.

I'm pushing in chips, social capital chips when I tweet. Right. Or I'm saying, I'm not really sure, but maybe it's this. So I push in one tiny little chip.

It's a market. It's a marketplace. And that's what... This is how... That's why free speech is necessary. Free speech is really a marketplace of ideas. Literally, because... One of the interesting things about social capital is a decentralized currency, right? Now, most of us didn't know anything about decentralized currencies until Bitcoin came along.

It's a market. It's a marketplace. And that's what... This is how... That's why free speech is necessary. Free speech is really a marketplace of ideas. Literally, because... One of the interesting things about social capital is a decentralized currency, right? Now, most of us didn't know anything about decentralized currencies until Bitcoin came along.

It's a market. It's a marketplace. And that's what... This is how... That's why free speech is necessary. Free speech is really a marketplace of ideas. Literally, because... One of the interesting things about social capital is a decentralized currency, right? Now, most of us didn't know anything about decentralized currencies until Bitcoin came along.

And now we've got all these cryptocurrencies, which are decentralized currencies. And the... One of the interesting things about decentralized currency is because there's no bank with some boss looking at the ledgers of who sent money to somebody else. That's not going to work because the whole point of a decentralized currency is that it's not in any one person's hand.

And now we've got all these cryptocurrencies, which are decentralized currencies. And the... One of the interesting things about decentralized currency is because there's no bank with some boss looking at the ledgers of who sent money to somebody else. That's not going to work because the whole point of a decentralized currency is that it's not in any one person's hand.

And now we've got all these cryptocurrencies, which are decentralized currencies. And the... One of the interesting things about decentralized currency is because there's no bank with some boss looking at the ledgers of who sent money to somebody else. That's not going to work because the whole point of a decentralized currency is that it's not in any one person's hand.

Instead, it's spread across many, many- It's an unfalsifiable ledger. That's right. So there's this notion of a blockchain. And a blockchain is just like, OK, today, Doug sent Susie 0.3 Bitcoin. And it's just a list of all the Bitcoin transactions that occurred. And it's in everybody's computers everywhere.

Instead, it's spread across many, many- It's an unfalsifiable ledger. That's right. So there's this notion of a blockchain. And a blockchain is just like, OK, today, Doug sent Susie 0.3 Bitcoin. And it's just a list of all the Bitcoin transactions that occurred. And it's in everybody's computers everywhere.

Instead, it's spread across many, many- It's an unfalsifiable ledger. That's right. So there's this notion of a blockchain. And a blockchain is just like, OK, today, Doug sent Susie 0.3 Bitcoin. And it's just a list of all the Bitcoin transactions that occurred. And it's in everybody's computers everywhere.

And when there's a new block added to the chain, there's some particular work that has to be done called proof of work or there's proof of stake. There's different kinds of ways of adding it such that once you've built up, let's say, a year's worth of these sort of Bitcoin, let's say, transfers, it's practically impossible to go back and mess with the history of it.

And when there's a new block added to the chain, there's some particular work that has to be done called proof of work or there's proof of stake. There's different kinds of ways of adding it such that once you've built up, let's say, a year's worth of these sort of Bitcoin, let's say, transfers, it's practically impossible to go back and mess with the history of it.

And when there's a new block added to the chain, there's some particular work that has to be done called proof of work or there's proof of stake. There's different kinds of ways of adding it such that once you've built up, let's say, a year's worth of these sort of Bitcoin, let's say, transfers, it's practically impossible to go back and mess with the history of it.

And the reason it has to be like this is because it's decentralized and there's no other way to do it. So, well, reputation is another decentralized currency. How do you get it so that within a community, social community, you can make sure that when I had an argument with you and you won, I don't go around later and say, oh, actually, I won that argument. I totally humiliated Jordan.

And the reason it has to be like this is because it's decentralized and there's no other way to do it. So, well, reputation is another decentralized currency. How do you get it so that within a community, social community, you can make sure that when I had an argument with you and you won, I don't go around later and say, oh, actually, I won that argument. I totally humiliated Jordan.