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[Music] comments-section give me thumbs up I forgot the background noise but I'm in Turkish Airlines lounge at the moment unfortunately I don't have any microphones with me I don't talk with me but anyway I'm stuck at the airport now for the next few hours the consequence of a flight delay so I figured since I have a little bit of spare time and it's Sunday and most of my people aren't working and I can't really do much I figured I just do it ama talk to you guys so thank you all for coming and I'd love to get your questions and while we're waiting for those questions to percolate a little bit about what happened in Africa great things this there we go sorry guys I'm behind Airport Wi-Fi and occasionally it's not that what's reliable so we graduated the class and it was a great class we had quite a bit of fun I feel waddler was there we we danced we laughed we cried and it was really just an amazing experience to see how much they learned in such a short period of time it actually had a quite a functional component as well because the people were actually the gals were actually working with Buddhists for the last month of the course and blew this section of the glass was the first time an external party had an opportunity actually use our software and as a consequence we were able to discover lots of usability issues and some things we could do to improve the developer workflow so we're a much better company and certainly much better product before the I would stop so as you guys come to summit April 17th to 18th the foodies team will be there and you'll see a noon approved through this playground and you'll see a lot of good fun through this examples we're probably going to have the agonda gals along with a few of the Ethiopians come on board and have them work for next few months continuing to QA and beta test Buddhists and build various things and break things so that the product and ultimately improve but wheels are turning we met with the world food organization or the World Food Program excuse me we met with an EPA the agricultural transformation agency the CEO Khalid we met with you FSC and a variety of other parties and we have lots of great discussions about everything from importation of fertilizer and seeds the inventory control systems for warehouses that don't suffer from as much skimming and adulteration the problems in the apical Chur industry as well as a she is with the coffee business in a view it's actually more than ten major commodities groaning Ethiopia as the principal crop is called chef those in Tangier which is a bread it has all these nice minerals and vitamins and people really do enjoy it there actually it's illegally from yeah so there's a lot of politics and there's a lot of regulations that need to be navigated and now begins phase two who are planned to roll across all of the opium gradually do pilots and learn from that so anyway I've talked it up this is your ma so let's see what questions you guys have for me click on the chat right here yeah we'll go to live chat there we go okay was a successful completion of this course in Ethiopia are there plans to follow up with a cohort and track their journey in some manner provide technical assistance should they need it this is an unusual class in that we're probably gonna end up hiring vast majority or all of the class members so we're gonna make job we're going to give them an opportunity to apply to I which cake and our intention is to hire all 23 if we can now in terms of the labor divisions most of them will go into some sort of technical role although some of them are a bit more entrepreneurial and have a strong desire to go into something in the business side of the organization so we flew out our HR director Tamara Hasson and actually we did a very long car tunnel effect episode it's over three hours long and it should be coming out sometime next week various things we're doing in Africa so there's probably 20 or 30 minute chunk of that three hour podcast coming out next week which will discuss these students in particular and so I won't to retread that territory other than to say that not only are we going to track their progress they're probably gonna end up as iogic employees or contractors so they'll be actually working on core products at some point including Cardinal and derivative products like yeah adapts with a flutist now in terms of replication of the cohort we've already been in discussions with crypto sivanna to take the four you got it in students and turn them into TAS for a Uganda class so that we can actually upgrade them to a point where would be able to teach courses tahno slaves without us so we have a pretty comprehensive plan part of it is with i satis and part of its with crypto semana and the upcoming episode Cardinal effect will go into great detail well over an hour to discuss that let's see what else we got greetings from Spain actually working for a multinational company we are testing hyper linter how Cardona will deal with this private blockchains thank you for your dedication well Jamie we do have an enterprise blockchain product with a building we will announce that product most likely at the summit you just have to wait and see we'll have a big discussion there about our enterprise strategy that's said I don't see them as mutually exclusive I see them as quite complementary and come to the summit we can have a lovely conversation about these things [Music] [Music] when will the entire roadmap be ready that's going to be ready for the iogic a summer so we'll announce the new roadmap that [Music] will ADA be the only currency of the ecosystem or home or be introduced at some point it wouldn't be a particular usual financial operating system if you couldn't issue your own assets in it so car not only is a multi ledger system so it will support multi currencies and we think we have a great strategy for handling that I've partnered with somebody personally who's in the SEO market to see what we can do about bringing stos to our platform as well or at least I'm sure interoperability standards so we will be a multi asset library [Music] will you release the training material from the course so we're gonna have a summit with Jaime Larson Lena there we go we're gonna have a summit with Jamie Lars and Polina specifically about the material that was covered in course that will likely be done in Munich and so the Munich summit will result in a scaffolding for the entire class I will take that scaffolding and will put it into likely four or five to speak packages kind of like what type safety is with the Scala course on Coursera and then we'll go shopping to see the best platform to roll that horse out so that will take a bit of time to develop but we did hire dedicated resources to take we've done down within three cohorts and transport that into a full class to discuss functional programming Pascal in particular and then advanced techniques like and it types [Music] so that will be eventually for to some sort of MOOC format and there's an open question of what platform would be the best employee I really like what typesafe is done with Coursera for the Scala class and so it would be really nice to partner with Coursera so we'll see we'll see what options we have and what that looks like we could either do that under the eye which Kate brand or I think you might be able to do that with one of our university partners who has a university relationship with Coursera if not them EDX is always available or we might even be able to negotiate something with the audacity the worst case scenario would be us releasing a series of courses on udemy which I have some personal experience with these things take time the pedagogy translation is already underway and given that we've taken it through three cohorts we've learned a huge amount about how to teach Pascal to people Chieko crypto is absolutely crazy for you should give him a chance and accept his invitation for an interview nope [Music] hi Charles are you a libertarian and if if yes why the answer is mostly overtime life being a slight appreciation for tragedy of the Commons and collective problems and externalities so I do believe that there are times when you need to reconfigure markets so that they pay attention to the long term rather than the short term and some cases markets just simply don't do that or they do that only after a lot of pushing and failures that really hurt people the poor thesis of libertarianism is basically do no harm right let people live to their own devices let people do their own things and as long as you're not harming other people they should be free so let them love who they want let them live where they want let them think what they want let them believe what they want it's a very basic principle and I don't fear other people's ideas or lifestyles I do see that certain behavior can be quite harmful to society and certain behavior could be quite harmful to particular people and that's where you need to think about governance carefully part I I mean very libertarian have supported many libertarian Kennedys [Music] do you plan to do an interview with Ivan on tech I don't know he's invited me on or not if he does I'd be happy cocktail as for preaching eoz you know the other day it feels like centralization then that's a perfectly legitimate product I just I really don't see the product differentiation of deploying something like Neos versus deploying something on Amazon except for being much more expensive unpredictable pricing and lower quality of service and also when things go wrong and have no recovery mode outside of begging committee of people to save you you know the reality is that you know if you take 1980s technology and you apply it to blockchain you can certainly do that fabric did that and other people have done that and you can get reasonably decent performance in the three to five thousand yes range this is not innovation this is just application old concepts and then bolting on poorly conceived governance system and cutting a lot of poor facilities for example like validating transactions or Byzantine resistance for performance again really doesn't choose anything other than being a vanity project the sake of trying to capture some market share and you know you can look no further than there [Music] [Music] [Music] hello I wanted to ask if cargo fulfilled the POS term for this end of the month at a seven-day for the period that was promised test net is coming soon guys if not this month very very shortly thereafter people have been working ridiculously hard to get us to a point where we feel comfortable launching a system the rest test net is mostly on schedule there's a lot of QA that has to be done to get it stable you know this is incredibly new stuff the fact that were where we're at shows that we've made massive improvements in our engineering processes as well as our ability to reasonably estimate when things chef I'm actually quite happy with what our engineers are doing and I'm quite happy with the state of the software as it is so it's a long road because we need third parties to work with us we need people to run state pools we need people to basically tell us how to improve user interface we need people to start running smart contracts this is a living system as part of the system I build and part of the system you build we spend that way and we can release things today or tomorrow but if the community doesn't show up or is not participating at a necessary level at the end of the day it's like having a conversation with yourself not some interest so we're mostly on schedule things are looking pretty good this summits going to be very nice Russ tests that is close to release Ledger's coming soon likely before thump we're really excited to see the thing to actually become reality the vision is definitely crystallizing and we're quite happy with the way things have gone from an abstraction and aspirations to reality and there's an enormous amount of very good code that's being used by a lot of different actors from a delight to you Roy to you infinito wallet and other actors that really is a testimony to how things have improved even in just last six months [Music] is anyone transferring value with cargo no yes tenzin it's not hundreds of millions of dollars why did you engage with people like torn days in the last interview with utterly pointless he didn't look at you at all interested he see the thing about tone as I've known tone for years we've interviewed and talked in Ukraine we'd be interviewed to talk New York and I've gone on a show multiple times and these multiplications said that everything I do is a scam and Nick Quinn is the most perfect thing in the entire world you know at the end of the day it has to be willing to talk to people who disagree with you as long as they're not disagreeable while tone being strongly disagrees with things I do the projects they've worked on and in some cases says the projects I work on violate the law like securities law or something like that tone has never been dishonest he's just sharing his opinion he's not stating things that aren't factually true he's just he's just saying these are events and here's my opinion about these events you have to be willing to engage as people that have differences of opinions about how the world works how your industry works and that's how you win hearts and minds if all I speak to you is my own audience then we'll just get a bunch of people who already agree with me and the movement will never get bigger we have to talk to people who aren't swayed neutral people or the people don't even like you and then over time if your legitimate real and your arguments have merit slowly but surely you win people over now this is in stark contrast to propagandists and to people that have no interest at all on factual conversations or no interest in all in a debate a great example of that would be the chief of crypto where basically he's just taking slander gossip and other things that have no bearing in reality and stitch them together into a narrative that he hopes can inflame my community and myself into provoking a fight so then I can go to a show and he can get more ratings and talk about it for the next six weeks date we do a bunch of episodes and every one of them gets lots of views that translates to money it has nothing to do with facts it has nothing to do with getting to the truth of the matter you know it's just caitli absurd and an insane insane claims for example we ran a shady ICO and you can't I'm just think logically through that think very logically through that by doing kyc and a mental on everyone by putting a recovery system and by having a voucher system that gave us assurances that people actually receive what they bought by having a help desk for people to complain to and going on helpdesk tours paying for that out of pocket for three years and the only reason we didn't get sued is because crypto blew up so all the work we've done all the papers we've written the more than 40 research papers be written don't matter and they mean nothing just make it through they think really through what he's saying there and then there was a shady ICO in what way high-pressure sales package if if you buy something but you'd have to go through kyc and AML and it takes days two weeks before you can complete the purchase and you can change your mind at any time and no cash has changed hands yet how is that high pressure you can go home and talk to your friends and family you can go to work for a whole week and think about it it's just unbelievable and actually this is one of the few that actually had demographic information including age location distribution which meant that there were actual provable participants unlike certain other icos where the founders could have created fake people discipled money through their ICO just to give themselves more token you have no idea if the entire ownership is owned by one person or not because of the anonymity of the offer so you know things were done very large event we consulted but didn't run it but according to him there's no difference between me and everyone else and we're just shady horrible people work we've done means nothing the code we've written means nothing the science we've done means nothing the market success we've had means nothing the exchange x-axis we have means nothing the massive hundred thousand plus community we have means nothing Dedalus means nothing yet ROI means nothing the tangent partnership means nothing work on Plutus means nothing the fact that we brought some of the pioneers in the functional programming world made them care and think about our space and write great research and create great languages like Plutus and Marlowe that means nothing the BTL blockchain technology lab and university of edinburgh means nothing the graduate students we pay to get their PhDs some of which have already finished them mean nothing the postdocs we've sponsored mean nothing the people we've trained in ethiopia and change their lives and barbados in athens that means nothing it's all the scam according to this guy because dan Larimer doesn't like me Kollek doesn't or said something about me on reddit I mean at some point you have to have some goddamn empathy and humanity and there is just absolutely none he's bereft of us so why validate and reward people who do that just so that you guys can grab some popcorn and watch all the while the more who do it the more money he makes no that's not who I am that's not what we're about and that's not what we reward so so he can just go suck a and have some fun hi Charles Charles core development team looks really strong however it appears that developer ecosystem has a long way to go actually I disagree with that you know here's why if you're a functional programmer if you're somebody who writes functional programming code so like Haskell or a camel or Lisp there's really nothing for you at the moment the cryptocurrency space there's no canonical chain where you can go and do something there's some boutique micro things going on like Zen protocol and you know Tasers let you rate a few things in Mickelson but nobody's really thought out how do I write full stack applications so exactly we're on the client side things that run on a server but things that then also run on the blockchain with one code stack where I can verify everything through and through and also a really sensible model about how you scale that a really sensible model about how the components communicate with each other so most part functional programmers have tend to ignore our space or they're aware of it but they don't really care too much about it so when you create a really compelling great option programming community understands and likes then certainly you have access to tens of thousands developers to sitting on the sidelines and their very special class of developers there are those who probably are much more experienced than your JavaScript or Java equivalents this is not a dick on the job of JavaScript people it's just when you learn imperative languages and optic orient languages generally that's where you start when you become a and you only learn functional programming either later in your academic career or on the job or as a kind of a side passion so what we find demographically is that functional programmers tend to be a bit older they tend to be in their 30s or 40s we also tend to see that they they have several years like five ten years experience writing software so if you're saying boy what demographic do I want to have when I launch my platform do I want to have a bunch of script kiddies that write for clothes and they probably don't have a lot of life experience and capital to work with or credibility and just let them go and chip away at things and see what they can do we're talking about scripting web pages maybe a PHP and Java scripts is great and that's how the internet got started but you're actually talking about professional applications involving your medical software or you're talking about your privacy or your money in your wallet you probably want very serious skilled engineers that are involved there and so by picking a heavy-duty language that bootstraps a very good ecosystem and we have people who've been in that ecosystem for thirty forty years in some cases created the foundations of large chunks of that ecosystem or work with people who did that example so Wadler is currently sitting in Robin Miller's chair at University of Edinburgh and Milner was a Turing Award winner at tender process Cowboys so I think that going niche is actually very important to bootstrap ecosystem the right way and then what you do is after you get to a certain critical threshold you open ecosystem up a little bit more that's how Facebook through that's how the iPhone through I think it's just a great growth model when you're talking about a fundamentally new paradigm that consumers aren't pre trained on and then it's just a game of how quickly be open that what ways you open that that are still useful with preserve where things are going that's said we do have a developer strategy we're able to train increasingly larger sets of people and when the MOOCs come out and you can start doing classes in parallel it's gonna be easy for us to train hundreds and eventually thousands of developers over here and we can train them in jurisdictions in areas where there's access to capital good deal flow and a strong desire to actually solve big problems that are intersectional with IOT and AI and open up hardware and to solve problems in the agricultural business to solve problems with traffic flow air quality issues and so forth many many things can even foundational government services property business registration peg to enter into that space is one way of getting adoption the MOOC is another way of getting it back in and then just getting people been waiting on the sidelines is another way of getting guys to bring these things there I think that you'll get well more Neph developers to start an ecosystem probably too many and then at some point you can easily open it up and we have strategies k-project was all about but you know frankly there's many different routes to ensure interoperability with legacy languages like java javascript so forth [Music] hey Charles are you chilling with Craig right at the airport it's kind of a funny thing I saw him walk by and I did a double-take and I said hmm yeah I don't I don't know about that that looks like Craig right and I think it about it yeah it just looks so thinner I don't know him too well and I've only seen him a few times in person but he has a very distinctive walking scowl that firmly has on his face and but I noticed him yelling at somebody and not being nice and and having wine at like 11 o'clock in the morning I said that's probably so 100% Sheriff because we didn't chat but I did take a picture and you know we can crowdsource if it's really quick right or not so I call it caught a fake it you wonder where he's gone any news on the state polls in the manner of which deeds essentially to the centralization process will occur so we're under work that's underway we just ship 1.5 are fork we'll begin and probably next pump will coordinate that with exchanges but we need to make sure a lot of people upgrade first and there's a fairly high upgrade rate there I'll get the numbers next week but the Shelley test net is almost out and that's basically going to start staple saturation the wallet back end has been mostly decoupled they're following an extreme programming model Matthias then core is the head of that work stream and they're getting releases like weekly or bi-weekly they're moving very quickly towards integrating feed haskell wallet back encode with the rust code and Eric de Castro's right now working on picking the new Haskell code and connecting that code the two distinct pieces of that code so that network code and consensus code and connecting that to the chain code and once that connection is done we can begin connecting those modules to the wallet back-end so then we can actually have the wallet back and connecting their two distinct wars women trust and one pataskala so that's actually happening pretty quickly so yes that is released you'll see rapid iterations perhaps even weekly where we just keep adding and adding code that's on the sidelines that work rolling out and at the same stick saturation will be occurring and then what will cards will connect the rest code to the has to wallet back end and to Daedalus and that will be a fully functioning unit so end to end that's functionally what we imagine Shelley to look like so as we get closer to that a wheel began a pretty comprehensive periodic fault you go likely with Cadell ski as the auditor and as soon as that's remediated then we'll be in a good position to actually roll out the full Shelley staff so that will be portable five-part fork and the steak tools who registered on the rough side can easily roll over we register quickly on the new code base it'll be roughly the same user experience and there'll be no surprises there and then just a March decentralisation okay so I think it's a pretty reasonable launch strategy you know when you do a proof of state cryptocurrency you have to wait for the market cap and for the distribution to get a little spread because what you don't want to happen is that most of the money just stays on the sidelines people buy it at a very low rate and then the system launches and you know basically you have this plutocracy you'd rather have creating you'd rather have natural markets occurring and the Gini coefficient proving it bed then you'd also want to have some degree of network stability occurring and then you gradually decentralize from there as kind of a thought experiment imagine launching a proof-of-work cryptocurrency today with a high price but low hash rate and that would create kind of a problem and a lot of people rush on in and you'd have very high probability that somebody you're sharing with an external system would come in and perform a 51% and this actually happened with a lot of recent people for cryptocurrency so it's important that when you see systems they have training and to the social dynamics the network technics and the market dynamics all settled I think a year and now we're in a position where it's gradually rolling out Shelley's decentralizing and it just happens with the code is that a pretty mature State to do that as well so it's quite fortuitous that both of these events are occurring Thank You Charles for your work does card on offense sell merchandise like shares etc I don't sell merchandise but there's a great story you can go to called crypto supreme it's run by one of our associates and he stashed he stocks a lot of great things like t-shirts occasionally specialty items like paper wallets and coins and crypto supreme is pretty reliable they have never heard of a customer complaint or issue that didn't get resolved highly recommend good guys Charles do a lot of Cardinal fans notice you in public yes and non Cardinal fans notice me in public yeah it's a pretty surreal experience to walk through an airport or passport control or at a restaurant you notice them all of these things have happened and they've happened to more than 30 countries so that's just the way it is and not a really pleasant experience most of the time sometimes it's fun Hoskinson do you want to auction your jacket no I'm gonna be buried with you should come to South Africa and play with lion balls if he's tough I'm not South Africa tough I can't play with lion balls they can hello mr. Charles how was it meeting Justin son and did you two discuss and working in the near future so there was a venture capitalist who's quite wealthy who invited me to a private event a mr. Chen and Hong Kong and he also invited Justin son and Vitalik Vitalik happened to be in town on the same day so I showed up Justin showed up a lot of prominent people throughout Hong Kong and China showed up Vitalik was a no-show oh well but I did have an opportunity to talk to Justin and we went to another event after the dinner a very nice guy he was very very polite and very smart we had a good conversation mostly about the macroeconomics of the space nothing technical or nothing about partnership but he's probably one of the best partners in space I some case some day he always wondered anyway I I have nothing negative to say about the meeting he was very cordial and friendly Charles our company started a blotching task force what's the best way for us to get into Plutus and marlow we will have custom material but if you want to do a large-scale training then go ahead and reach out to us you know you can go to our website we have a contact page and we'll be happy to talk to you and if it's a big thing we might be able to help you design a training course there's also a mergo they're planning a training academy for Carano and that's going to be in india for 3500 people they may be able to take some of that curriculum and port it over for your company we don't directly do corporate training but we'd be happy to share PowerPoint presentations lectures and I think they did record to some of the lectures if not all of the lectures in Ethiopia so they may be useful for for you guys we do everything under a Creative Commons Attribution license but it is commercial so you are free to take our work and commercialize it you just have to cite where you got it so we'd be happy to share powerpoints YouTube videos and other things with you guys just go to our website and send us an email and we'll see what you guys have and you might be able to help you out [Music] as someone who travels more than most what's your one thing you can't leave behind make it interesting I have a laptop bag I carry with me and it has computing devices and I run my whole company from my devices so it would be pretty hard to leave that behind that's for interesting things always have my boots on some way or another and you never put those in your carry-on and you're checking back because I have a habit of having my luggage loss it happens about once or twice a year I guess it's just the probability of things you know and the nature of the places I go to usually they get me my luggage to the hotel within a day or two of losing it but in the case when I went to the Prairie bag was just totally lost and every single thing in it is gone so yeah anything you're really treasure probably don't travel with it unless it's right on your person even then stuff gets stolen so I try to travel light and try to travel with things that are replaceable the only things that aren't really replaceable are its my coat and there are all custom-made I love these questions Charles will card on I'll have something like dividends at some point future who would pay them where would you get the dividends from like what profit would you get this is not a security people there are no dividends in card off have you ever had media training no it would tell me not to do anything that I do girls moodily one temple Charles have there ever been any consideration using the made seis network to run card ah no since that network is also coated across well I know David Irving and I been in the space long enough to remember that when made safe did their crowd sale and they actually had I think seven years of history prior to doing the crowd sale working on the problem and that was five years ago I think they're up to 12 years now I think that the fundamental issue with made safe is that any better product and project management and they also need perhaps more scientific realism the things that they're doing it's not to say that the things you're thinking about are unreasonable or that the people on the team are far unreasonable it's just that when you spend 12 years doing something and you haven't really succeeded you have to take a step back and reevaluate your approach and say is this truly the right one for example with card ah no we took two missteps in the early days elimination and realized that the solution was to abandon those api's an abandon those approaches pivot and change the way we doing things and we did this within about eight months of being into the project and now the fruits of that pivot are soon to hit market and we're already seeing considerable improvements from restoration time under 10 minutes to things like much higher quality code that's considerably easier to test the faster release cycles to tear times modularizing the software and connecting it to punt elated code which is a hallmark of so we I think all software projects have to understand that and if you're at something the same thing for a decade with the same approach you're not really seeing it flourish you really do need to take a step back and say maybe that wasn't the right way to do it by the way this is a really good Turkish tea you ever go through instant bullet I have a lovely people don't know anything about sky coin Charles have known as a focus in Africa for the Haskell training are there any plans of investing in training and developing Southeast Asian countries we may do something in Vietnam we've also been considering doing a training course in Mongolia so those are subject to discussions with Willian government and academic partners in the same so we'll announce it when we make the next course decision that probably will be in Africa but maybe Asian Charles what do you see your life like after car down are retiring at a foreign politics I haven't given you too much thought to retirement but I would like to go back into mathematics in some capacity [Music] Charles any progress on liquid democracy so we are working on Voltaire and bin Chang is getting more people under and we've moved from of the theoretical to a plan that we think is going to get us where we need to go we won't announce that today but we will announce it either at the summit or the second half of 2019 for how we're going to roll out a Treasury and also put in a system to ensure proper social dynamics so that the Treasury is intrinsically useful and that we also have a mechanism of loading on forks in the system so we're almost done with the card on improvement proposal process and we brought on a new product manager David SR and I had a process but I wanted to defer it to him until he got fully up to speed whether it should go with that process or pivot so after he gets his feet fully dried off we'll go ahead and declare something and Shelley will start using that process for upgrade system then basically voting in the stage one for the 40 of the system will control of getting Democratic consensus behind sips and this is closely tied to participation behind the treasury system as a way of cleaning people in the system so treasury first get the social dynamics right then optional voting on sips and then hopefully at some point as formal methods progress we can find a way to make sips compulsory because sips can be formal specifications that are machine understandable with abstract for reference code and then you would actually be able to introduce the notion of a certified client so you could create some sort of proof that either gives you certainty or some degree of certainty that your client is in line with the specifications of the system and you can even make communication compulsory so you actually have to include a proof to connect to a node that that node actually follows the client certified software is yeah it's a big field formal methods is a big field this is a very difficult thing to do and that's something that's probably well out school for 2020 but it's something that could 2025 2030 2035 gradually work its way into part on network especially as people start building on top of certified modules so what that effectively means is in the distant future basically when people vote to change the system that will have Keith and whatever that reference of communication happens to be becomes basically the standard people have to follow they're actually wanting to participate in the system and that would actually be enforced through the centralized mechanics and mathematics so so three-stage process get the Treasury right get to social dynamics right and then get a sip system that is basically a optional so basically people can vote on it get Democratic consensus but it's not forced by the network and then the distant far future for you know a much later sprint and the next big project find a way to make that compulsory and then you kind of have a completely autonomous intensity yes POS is mathematically possible we proved that and I believe that theory indefinitely can pull POS together they're welcome to use or amorous at any time all right let's get one more interesting question what do you think about the end or project endures a predictive analytics project that's run by people who are students at Aleks Pentland great connections to MIT good clients good market dynamics and I think they have a wonderful product and that's why I was very proud to join us an advisor and we'll be working closely with them to find ways to help end or grow as a product and hopefully become a standard for the industry a decentralized way to use predictive analytics on data sets but still pursues privacy of the underlying data centers tremendously useful from everything from medical research to hedge fund strategies and I'm very glad to see people thinking about how do we create an open market for this and allow many actors to join share their data in a way they can monetize but yet still preserve the privacy of their life data set good to be there one more Gareth Hayes yes win whoo well Gareth you asked me that question a lot to win these chats I always say the same thing you need to go home and take a shower here actually Gareth is a good friend of mine he's the CTO of mergo Hong Kong yeah we always play around with each other he joins these chats and he always ask the same questions when we would when moon went through but he's done some great work and I'm ergo honk I recently was kind enough to give me one of the first cardinal ledger devices let your ass legend analyst so I do enjoy working with Gareth and talking to him look at one home-school chips that's a good way to end it okay so for those of you who don't know my K through 12 education was actually home school I worked through the summer so I finished high school early it is kind of a golden age school unfortunately many states in the United States are starting to outlaw it or make it more difficult I guess because they like having a monopoly on indoctrination then the reality is that there's almost unlimited amounts of knowledge that exists online and WellCare curated to all the young mind to be critical to have critical thinking and to have the ability to navigate this world at the end of the day education to move from a learn of collection of facts to learn heuristics and mental models to navigate the world because we have access to unlimited facts no matter how great you are or how good your memory happens to be with the PDA is probably going to beat you and Google certainly as if they don't so you need to be able to critically analyze information and you need to understand the world that came before us what has made me increasingly astounded throughout the last ten years of my life as I spent a great deal of time still do spend a great deal of time reading biographies and one of the things about biographies is you start realizing that the world that came before you was a minute as much like the world of today and you had agendas and dreamed posts yet elections you had drama he had uncertainty you know it's just like remember a distant football game thirty years ago forty years ago he happened to put watched it at that moment you know that was the present and he didn't know who was in the wind and similarly a hundred years ago two hundred years ago three hundred years ago we didn't know where the world was going to go it was the present so it's incredibly important to have a longer-term view and understand that your time in the world is finite and you're part of a much bigger picture than the one that you you're born into and if you have some hindsight and you have the ability to reach into the past for inspiration and wisdom you're more likely than not going to live a better life and not be doomed to repeat the mistakes past as for critical thinking skills are super important especially numeracy the ability to look at statistics and understand what they really mean and the ability to analyze arguments so important because we're bombarded by enormous amounts of fake news and we're bombarded by enormous amounts of things that are presented as fact that actually our opinion and in many cases on sound opinions so it's less meaningful to be able to retain things than it is to critically analyze an argument or stories for example when people say well vaccines cause autism let's take that just in itself how would you go about determining that or not now if you're well trained mind you'd say where's the evidence and you look at evidence and then you know the difference between correlation and causation and you'd also understand things like confounding factors and you look at reputable sources you look at meta analyses and you go to literature and what ends up happening is when people don't want to do that they're much more inclined to say well I'm going to have confirmation bias to only pay attention to the things that seem to confirm my particular opinion and ignore everything else and if there's evidence to the contrary all discredit the evidence by saying it was produced by bias actors or conspiracy this is basically the heart of the flat earth movement and that's where we're at that's why politics Center has become so treacherous and that's why many young people are so frustrated because they're seeing the world through the very dark glasses that are clouding your judgment so if you're homeschooling your kids you have a moral obligation to ensure that they lead that process with the ability to critically think and I would highly recommend that they also read the great books if you go back to first principles Mortimer Adler for a book called how to read a book or something like that and he curated a collection of contents of different books written history by some of the greatest thinkers humanity is known and you know if you go from 14 or so to about 18 it's about enough time to get through all those books if you're working diligently just dealing that alone was the critical thinking skills would probably produce somebody who's happier healthier and feels great lifestyle is also really important vacation location therapy learning about fasting and keto and all these other cool things super important happier I think this whole notion of a work-life balance underappreciated and it creates people are tremendous and they somehow think that that's been a a moral virtue rather than a vice if you burn yourself to the ground all we're doing is hurting the person being the future for some short-term benefit compression water today we need to do that to yourself you're probably more likely than not willing to do that to other people you start losing empathy and you start treating everything the world the other tip is focus on lifestyle as well okay well thank you ass