Okay, test test test Nathan you're up Beams, I finally saw you hey, I'm Jim. How you doing? Hey, I'm doing really great. How are you doing? Very good very good
It's super excited for this. And the timing is, yeah, let's just say that the timing is... Yeah. I mean, I think the timing for what it is that we do, you know, the space that we're working in, like maybe
than you and the work that you do at snapshot, themes and the work that you do at Banclas Dow and just generally the space that I occupy, you know, with Banclas Dow, Entology, Orange, everything else, like I think there's just a lot that validates our position.
Absolutely, I mean this is really, I think for many people it's pretty painful and I've seen a few tweets like "Oh my God, what am I doing here? What is this crypto space?" And really if anything
I think we've just seen massive validation of the thesis that people should own their data, people to do their money. People should own their identity. So yeah, I think it's going to turn nicely to our discussion today. Yeah, you know, okay.
So I'm having a bit of a dilemma. And this isn't the first time something like this has happened. You know, I mean, maybe not to this scale. But there's always, I mean, since I can remember when I started back in 2016,
You know, there was always conversations about self-sovereignty in terms of the ownership of your money. And this is before DeFi, right? I mean, DeFi, I think, really kind of took that narrative to the next level. But I feel
like there's still a lot of money inside of these exchanges and I'm just curious like what will it take for us to kind of wake up and just recognize that it is not a good idea to trust our money with these intermediaries.
And now strongly agree with that. It's kind of always that, right? Like it's I think so without getting like too much into the into the what maybe maybe people are already kind of getting into the thicker things even though I
I think we should wait for themes by the way if you're on desktop you can join Twitter. Oh, I actually already was here and then somehow I got down. Perfect. I'm just happy you're talking now.
Welcome things. Good to have you up here. I think you two are some of the gigabrain that I love talking to and I'm just really excited to have us all here really kind of broaching
conversations on decentralized organizations decentralized governments, a governance excuse me, but governments do I guess we can touch on that but really it's just I'm very
excited and yeah I think Nathan really kind of alluded to something that this is quite timely right because we are in the midst of seeing what happens when we trust centralized organizations.
So I think I might be like the outlier here. I think the thing is that this type of behavior of decentralized organizations or similar behaviors that we're seeing in decentralized organizations, right, especially with a whale activity, especially when whale
activity can actually shift community decisions for lack of a better term. So I think that we are somewhat in a utopian perspective and not like we kind of have to clean our own house before we kind of talk about the fact that you know
finance buys like an exchange buys another. Sure. Because this type of behavior is quite similar, right? And we would call them like rug pulls necessarily or, you know, what do we call it now? Mergers and acquisitions. So I think that when we are criticizing things or looking at different
things, we also kind of have to look at our own house to see like, you know, there is this idea of decentralization, but there's also monopolies, right, occurring within the space, back channeling occurring in the space as well. And so I think the thing is is that if we want for general people who want to onboard
into the space, you know, using centralized exchanges is the first step. Even for me to cash out, I have to use a centralized exchange because my landlord doesn't accept crypto, right? And so I think that when we look at what are the problems facing, it's like I think that we also have to look at our culture.