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Matthew Prince

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1481 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

A rage Disney is a terrible idea.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And so I can actually make an argument that a lot of what's wrong with the world today, a lot of why you've had this massive rise in populism, a lot of the reason why the world feels so divided is because that's been the business model of media.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

That's been the business model of the internet is how do we actually provoke rage and cause people to click on things so that we can serve them ads.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And so I think that as we think about what a new business model of the internet should be,

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

We should actually try and say, how can we not reward like just traffic, but how can we reward actually content creation or even more important than that, you know, like knowledge creation?

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And I think that's, you know, that's a lot of what I think as we think about what that future looks like, we should be trying to figure out, you know, the people who actually really create knowledge, those are the ones who should get compensated, not the ones who can write the most, you know, incendiary headlines.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

A little bit, yeah.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

A little bit.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Google has been a massive force of good in the world.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Like, you just think about the fact that we can all carry around in our pocket access to, you know, all the world's information.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Had Google not existed or something like Google hadn't existed, like, the internet wouldn't be nearly as big, nearly as robust.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

It wouldn't be nearly as accessible.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Like, a lot of the business models of, you know, the old, like,

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

you know, those of you old enough to remember like CD-ROMs, it was how do I sell you this really expensive thing to access knowledge?

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Google actually figured out a business model that made it so that knowledge was available and it made sense to make knowledge available for as many people as possible.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And I think that's incredibly good.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

But at the same time,

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Again, the core problem was what they were rewarding was traffic.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And traffic is just a poor proxy for value or for quality.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And so what I think it would be better as we think about the future is how do, yes, we create incentives for things to be as open as possible.