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[809.36 --> 815.42] You know, the, the, the conversation was basically the chasm between native applications and web |
[815.42 --> 820.68] applications and how we often put them together when maybe they should be divided because of |
[820.68 --> 827.56] things like bandwidth and whatnot, inherent costs that just simply are maybe basically |
[827.56 --> 830.72] attained to, to bandwidth and the cost of bandwidth. |
[830.72 --> 835.06] So people in the U S don't typically have that issue because we have unlimited everything |
[835.06 --> 839.46] basically, but in other parts of the world, there's metered, you know, metered access to |
[839.46 --> 839.76] the internet. |
[839.98 --> 843.16] So the weight of things get a lot more expensive. |
[843.16 --> 844.98] So that was a conversation on there. |
[845.02 --> 849.46] And then also on a request for commencement, you probably remember this with Brennan and I |
[849.46 --> 852.32] talking about that, you know, he's the founder of brave. |
[852.42 --> 854.98] So it would make sense to have this conversation with him back on that show. |
[855.06 --> 861.24] But we talked a bit about the early days of funding the web and he talked a bit about how |
[861.24 --> 863.76] it was all advertising driven. |
[863.94 --> 868.94] The browsers were, you know, I'm summarizing to some degree from my memory, but basically |
[868.94 --> 875.30] the history of browsers had this speckled history of, of advertising paying for a lot |
[875.30 --> 875.80] of things. |
[876.34 --> 883.00] And it's kind of interesting to see now where he's at and this basic attention token being |
[883.00 --> 887.58] a thing where you can say, like you just said, put 20 bucks in and that money goes to where |
[887.58 --> 888.50] you spend your time on the internet. |
[889.30 --> 889.70] Yeah. |
[889.78 --> 893.86] I mean, I think what he's really dealing with and he's had to confront pretty head on is |
[893.86 --> 902.02] that having this indirect market to fund browsers and the web through advertising has, has also |
[902.02 --> 905.44] created a huge market for fraud and malware and a bunch of other stuff. |
[905.64 --> 909.74] And, um, it's, it's only gotten worse and everything that we've tried to do to try to, |
[909.74 --> 911.90] you know, make it a little better, hasn't really worked. |
[912.40 --> 917.38] Um, and so he's, you know, brave is pretty proactively blocking tracking and blocking |
[917.38 --> 918.14] advertisements. |
[918.76 --> 922.72] Um, and just saying like, no, we're going to go with a different way to try to fund the |
[922.72 --> 925.98] web here and, and remove a lot of this, uh, malware and stuff. |
[925.98 --> 931.04] A lot of people are using Patreon or patron, Patreon, mostly content creators. |
[931.28 --> 940.98] And what bums me out is seeing crazily enthusiastic content creators pointing to, and basically begging |
[940.98 --> 945.36] their, their listeners or their audience or whatever to say, support me. |
[945.36 --> 949.92] And you go to their Patreon and they're getting like 13 bucks a month, right? |
[949.92 --> 954.56] Like nothing upsets me more than seeing sure. |
[954.66 --> 956.66] Maybe it's amateur content, so to speak. |
[956.68 --> 961.76] And I say that loosely because it's not like mainstream media content, for example, like |
[961.76 --> 964.34] highly polished 16, 20 people behind it. |
[964.42 --> 968.66] It's one person, two people, maybe, but there's somebody who's out there doing something on |
[968.66 --> 970.20] the web that's of value to others. |
[970.58 --> 975.06] And they're essentially asking their audience to support it. |
[975.26 --> 978.18] And you go to that Patreon page and it's like 13 bucks a month. |
[978.18 --> 979.90] Like that's, that's horrible. |
[980.34 --> 981.00] It's not working. |
[982.12 --> 987.82] Well, I think that when you look at how to fund content and we look at this a lot when |
[987.82 --> 991.40] we're talking about how to fund open source and how to have a sustainability strategy for |
[991.40 --> 995.80] open source, but you know, the, the world of content and art is, is, you know, as big |
[995.80 --> 1001.64] and dynamic, there's, there's not one way to fund things and there's not content that, |
[1001.70 --> 1006.60] you know, necessarily appeals to, you know, every way of funding, right? |
[1006.60 --> 1011.22] So it works really well for certain kinds of artists that have a really personal following. |
[1011.68 --> 1016.12] Um, uh, and you know, a small but dedicated following, I'd say. |
[1016.44 --> 1020.10] Um, I think that if you were making a couple million dollars a month on Patreon, you would |
[1020.10 --> 1024.12] probably stop getting new people putting in money regardless of how much the content. |
[1024.50 --> 1026.32] 13 bucks though, Mike, that's like horrible. |
[1026.86 --> 1031.00] I know, but there's also a lot of people making like a living, um, on Patreon as well. |
[1031.00 --> 1031.42] There are. |
[1031.58 --> 1035.92] Um, and, and those people that are making 13, you know, there may be a reason for that, |
[1035.96 --> 1036.20] right? |
[1036.20 --> 1040.52] Like there, there may be a perception that that person is, is already being rewarded in |
[1040.52 --> 1043.58] some other way or other people are actually paying for that content. |
[1043.58 --> 1046.98] And like, I've seen people on Patreon do this where like they, they make content and then |
[1046.98 --> 1049.18] the people that give them money on Patreon don't even get that content. |
[1049.26 --> 1051.58] They have to buy it through like iTunes or something. |
[1051.58 --> 1056.46] Um, and so like when you have that kind of stuff going on, like you, you know, people |
[1056.46 --> 1057.42] are just less incentivized. |
[1057.52 --> 1059.62] So I think it's going to work for some people and not for others. |
[1059.62 --> 1063.68] And to, to broaden it back out to blockchain in general, I think that there, you know, |
[1063.70 --> 1068.22] wherever you have, you know, transactions that you need to, to make transparent and you |
[1068.22 --> 1071.68] need to have some provability, there's a bunch of different use cases for that. |
[1072.00 --> 1074.00] Um, and a bunch of different things that we can do there. |
[1074.32 --> 1079.14] Uh, of course, you know, this, this being the tech industry, there's been a huge flood |
[1079.14 --> 1083.16] of money from venture capital and from, and a lot of hype from kind of everywhere that, |
[1083.48 --> 1085.38] you know, the blockchain is the solution to everything. |
[1085.38 --> 1090.52] And so if you have a startup and an idea and you add the word blockchain or AI to it, you |
[1090.52 --> 1091.76] will just get more money right now. |
[1091.88 --> 1094.36] And so there's a lot of, it's very, very overhyped. |
[1094.56 --> 1099.20] Um, but you know, there are a bunch of new things that we can do that we couldn't do before. |
[1099.60 --> 1103.78] And eventually those are the things that are really going to kind of shape new products |
[1103.78 --> 1104.86] and services, stuff like that. |
[1105.24 --> 1106.98] Let's, let's get off of blockchain for a while. |
[1107.16 --> 1107.34] Yeah. |
[1107.34 --> 1108.08] Let's, let's, let's move on. |
[1108.08 --> 1113.42] I'll end that by just saying my, my thought was that, was that if this basic attention |
[1113.42 --> 1122.08] token is a, a chance to push the web in a way where your attention speaks for itself and |
[1122.08 --> 1130.54] pays for itself, so to speak, is a better direction of a model hypothetically than a beggar slash |
[1130.54 --> 1132.22] will you support me model? |
[1133.08 --> 1133.34] Right. |
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[1178.24 --> 1179.26] Head to TopTile.com. |
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[1184.46 --> 1185.42] And by Sentry. |
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