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Ryan Sean Adams

๐Ÿ‘ค Speaker
1143 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

And I kind of vaguely remember discussions that remind me of what you just said.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

I'm like mailing lists or something 20 or 40 years ago, whatever it was.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

And with Linux, it has resulted in almost no additional freedom for the end user.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Like if you imagine an end user who's not a specialist, right?

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

They're not a super shadow coder or whatever.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

They're just a normal person who has like other interests and priorities in life and they just want to do a thing like install a new app and use it.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

I don't know if Linux is giving them any more options today than they would have had if Linux had never existed.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

So I can imagine that scenario going like that because the Facebook or Wall Street or whoever can use the technology, which is what they did with Linux and do today with Linux, while denying their users access

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

like the option, the freedom to exit, like alternatives, lower barriers to entry for their competitors.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

They can leave all that part out.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

So when you're telling that story, I was thinking, okay, well, would that mean that users, unsophisticated users, or sometimes if there's just like, if 10% of the users know how to do a thing, that's still enough pressure that it,

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

motivates the competitors to behave better.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

It's okay if the other 90% of the users wouldn't do the thing or wouldn't figure it out.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Maybe.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

But anyway, my question is, suppose Wall Street or Facebook or whoever is going to adopt some technology that the crypto industry has pioneered.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

would that mean that any of their users now have like the ability to exit Facebook while taking all their social graph with them or the ability to have the AI constrained to keep their private communications private and invisible to the server, the Facebook or whatever?

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Or would it not?

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Same with Wall Street.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Like, I don't understand this Wall Street technology stuff.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Would it result in investors having some power to do something better for themselves without relying on the institution to allow them to do the thing?