22 Burst results for "CompuServe"
"compuserve" Discussed on Let's Talk Bitcoin!
"Of a wakeup call that this is coming fast and could come in a way that is that is quite widespread in stem. Important fairly quickly. I if you use one of these big tech networks like like like Lieber did so. We're we're working hard on it. We fully the importance of of making quick progress. We have not decided to do this though it is not. I think that there are many questions that need to be. Answered around. Digital currency for the United States including issues of cyber cyber issues privacy issues many many operational alternatives present themselves. And so. We're going to be working through all that and doing that. Work thoroughly and responsibly. Okay okay that's enough for that clip. One thing. We haven't really talked about is that Andrey is in that talk about libra. A long time ago you basically called the probably wasn't ever going to happen and it's looking more and more like that's true like libra just as a concept really kicked things off but governments had the ability to say. No you can't do that unless Blah Blah Blah Blah Blah right and for libra. It's much the same as any other project that would try to be put under that. Which is that complying with the Regulations? Sort of negates. The reason to even use the technology to do this because the regulation is in large part. Nfl to technology even in a situation like libra. It just means that. There's a vast difference between Lebron. The idea. Lebron deployed product that may be a product deployed. And what that product will be is pay pal plus plus facebook. It's a facebook version of paypal. That has much broader reach much political impact. Much bigger privacy and surveillance impacts. That has nothing to do with. Libro cryptocurrencies or anything like that. Because that Fisher was untenable in the regulatory system in the political system for a company like facebook or probably any company to pull off in a meaningful way. Paypal had a better chance of doing that. But the bottom line is that that doesn't mean that the political impact of Lieber thousand happen. It doesn't need to be a product. The idea itself and the proposal itself is massively disruptive on a political level even though it is zero disruptive on technological and implementation level because what it does is it forces people to confronts the new reality until now this was just a game being played by a bunch of Weirdos on the Internet and it didn't have any systemic meaningful implications even though clearly the fact that technology exists and can be at scale has enormous implications. They could ignore it as long as they didn't think it would reach. Scale Lieber change that political calculation even though it didn't change any the underlying technology but in the long run. All of these discussions are about giants government. It projects that will somehow achieve these magical goals as long as we throw in off billions into government it contractor and if you've paid attention to any large government it projects what they end up being is giants waste of taxpayer. Money that end up creating fragile. Al Half Broken Systems that ten to fifteen years behind what the private sector actually doing and what's independently being created by private companies so greats. They can build the compuserve bitcoin. The healthcare dot Gov of facebook's Libra Z. Irs.gov of pay PAL. That's all they can build. Because that's how government bureaucracies work. The interesting thing is nobody is asking here whether the Federal Reserve or any government entity can Ashley successfully built a secure central bank digital currency at scale. I have enormous doubts about that because the biggest problem was something like that is the is how easy something like that would be to hack is a fundamental security mechanism in central bank digital currencies. That already exists. Is that these are massively fragmented. Federated Systems with incompatible standards maintains an independent databases by independent parties and thought decentralisation actually makes it more secure than what? They're envisioning here. They take all of that and tried to centralize onto one. Database won't control in a federated system and all of that security goes out the window and that's a fundamental problem because if you can rob the Federal Reserve by robbing it's pseudo blockchain doubt becomes a massive systemic risk and. I don't think they can square that circle. I really don't so here's a question. What's worse China issuing a Central Bank digital currency or? Lieber going live with what they have been trying to China issuing a central banks. Oh currency why because facebook can kill people. Are you sure about that? Yes to that? Degree like China actually has physical monopoly of violence and the authority within its land in any other land. It seems that it likes to commit genocide. And it's doing so in some cases already and so a state actor with a monopoly of violence over capital population of more than a billion people over large geographic area and possession of nuclear weapons is always more dangerous than any corporation. Even a large multinational corporation like facebook. The problem of course is a facebook does launch Libro essentially later you end up with the equivalent of the east India Company. In which case they will have a military and political control over our continent and be killing people actively because currency create sovereignty. And now that we flipped it so that it's not sovereignty creates currency of currency craze sovereignty. Facebook libra will as a currency creates sovereignty for facebook in effect that they will be able to use to project power and in a hundred years. That's a nation state or some kind of quasi corporate thing like the east India company that conquers entire continents. That's a horrible scenario bought. That's decades in the future whereas right now China can create a dystopia surveillance totalitarian fascist nightmare. Which they already have and add currency to that mix well it turns out that Federal Reserve Governor is thinking along the same lines as you. Let's go to the clip now with do feel as though you have adequate visibility into what the Chinese are doing on this. Do you have sort of working level contacts of that give you some idea of what their role out is likely to do. Like like look like yes. I mean. We certainly have that. But they're completely different institutional context. They're things that for example. The idea of having ledger. Where you where you know everybody's payments that's not something that would be particularly attractive in the United States context. It's not a problem China so but nonetheless That was the part the quote that I wanted to. Okay so same question. What's worse the US? Creating a central bank digital currency or China creating a central bank digital currency China creating a central bank tissue currency again. At least from my perspective the reason is that in the US at least for now. It is politically untenable to not only create a central bank digital currency successfully but also then to ban all alternatives and creates a system of surveillance and control. The can enforce that ban in a meaningful way without any opposition constitutional challenge etcetera. All of that goes away in China so in China not only can they create that but they can also then four civilian people to use it and ban any alternative to it. Which is the first thing going to do as soon as they've created it and that's far more dangerous in the US they did create this. They couldn't simultaneously band. Private activity is that created alternatives. They could create carrots and sticks mechanisms. Make it very difficult with regulation and AM L. And they're already doing that with capital gains calculations etcetera and make it very palatable when you're doing business with government to use that digital currency instead but they can't outright force complete state monopoly and the banning of all primates commerce on alternative systems whereas in China. They can over the years. We've seen a number of stories come out. Where basically the Federal Reserve or the government in general has politicized or almost weaponized the financial system the swift system sort of the international transfer mechanisms. I think you're right that in the United States there is perhaps a better degree of that but outside of the United States. It feels like when I heard him say that. That The idea that a ledger that records everybody's transactions or being able to kind of see that was not a desirable thing to the United States. That actually doesn't really make sense to me based on how I kinda see things happening now. It's a straightforward lie. There is absolutely clear. Evidence that financial transactions which are exempt from a broad range of intelligence related legislation like the Patriot Act and FIFA and things like that are directly scrutinized and collected by American intelligence agencies and buying law enforcement agencies without horns and therefore it's a lock. They already collapsed. All of that information. And that is exact. Clean the fundamental difference that exists between China and America when it comes to the adoption of central digital currencies. The Federal Reserve felt the need to lie about the necessity for totalitarian surveillance in China. They don't have to lie. They can just tell the truth. We're going to watch everything you do and you will be punished if you step out of line here. They still have to maintain the pretence. And that's a wrap for episode four hundred and twenty seven. Let's Talk Bitcoin. Thank you very much for listening. Thanks everybody for participating today. Andreas Stephanie and this was a very good conversation. This episode is sponsored by brave DOT COM and Toro Dot com and featured music. Jerry Rubin's General Plus Ben Gertie beats with excerpted clips pulled from C. Span. Cnbc and more today's discussion featured Andreas Aymen's and Stephanie Murphy. And Adam Levine with editing by Jonas and remember kids blocking blockchain says. Listen to let stop Bitcoin if you have any questions..
"compuserve" Discussed on Let's Talk Bitcoin!
"We'd like to thank you Toro for sponsoring this episode of. Let's Talk Bitcoin why. Uc Toro Toro a large well established US regulated trading platform that has ever trillion dollars trading buying them on the platform per year. He Toro offers. Powerful trading. Tools made simple. You can create a diverse crypto portfolio. Get access to smart charts and analysis on every asset and he also has social features and the opportunity to practice and learn with a virtual trading mode eater offers low spreads no commissions and no hidden fees. Why wait getting started takes just minutes at DETORO DOT COM? That's E. T. O. Dot Com crypto assets volatile and trading them caries risk please trade responsibly on the subject of Libra. What Libra really effectively accomplished? Whether or not ever comes out is it? Made governments around the world really concerned about the idea that a company with two billion users could effectively really provide competition in a way. Perhaps the BITCOIN has not yet simply by nature of the fact that they wouldn't be able to stop it if it got started if it gets into the hands of two million people. That's a huge advantage and something that really anything outside of the. Us dollar in its current state does not have so a couple of days ago. Federal Reserve chairman. Jerome Powell answering some questions and we pulled a couple from that which I'm GonNa play now. Here's the first one or two this issue now in a speech last week governor brainard highlighted the role of Central Bank digital currencies in ensuring that sovereign currency. Stay at the center of each nation's financial system Do agree with her characterization in particular do think that establishing digital dollar would help ensure that the US dollar continues to serve as the core of the US and the world's financial system well to take the first part of that. I think having a single government currency at the heart of the financial system is something that has served us. Well it's very very basic thing that It really hasn't been in question. I think you know for we move away from that. We should really understand what we're what we're doing. So I think Preserving the centrality of a of a central widely accepted currency that is accepted entrusted is an enormously important thing I think whether digital currency moves US along that path or not is an open question as as you know every major central bank is currently taking a deep. Look at that that we feel like. That's our obligation. Technology has now made this possible. Private sectors innovating. They're doing it so I think it's very much incumbent on US and other central banks to to understand the costs and benefits benefits and trade offs associated with a possible digital currency. Okay so the thing that I didn't mention in the setup for that clip which is worth mentioning is that so it was libra than it was China and then it was basically lots and lots and lots of other governments either because a concerned about China or be because whilst in somebody else's doing at their actually are meaningful advantages smaller countries to issue their own type of sovereign digital token that can replace or at least serve another form of their local money with a dozen need to clear through the US dollar so what was said in that clip effectively is that the US benefits from the centralized nature of the financial system or the US. Dollar is that center. Point is at the center and so he was saying that we should be careful not to do that and whether or not the US adding digital currency to it can help it or not. That's very much unknown. And he's not wrong about that adding a US dollar digital currency that might best case scenario retain the current dominance of the US dollar. But it gets a whole lot harder to do that. Especially if you don't have one but as China comes out and pushes their own version of a central bank digital currency into all of the countries that they've been providing financing to through the belt and road initiative and again like there's a competition here that crypto currency. I've always hoped bitcoin will provide and I believe that someday it will but it's being kick started by effectively libra than China. And now everybody with the Fed as kind of the most recent to at least study the issue because they can't not at this point as they said well they're already are these stable coins that are pegged to the US dollar and that's Kinda close. It's not obviously issued by the Fed and it's not what the Fed would like but they're already is sort of like a US dollar digital currency out there more than one yes but it has restrictions all of the projects that are doing that are heavily regulated and they all have restrictions in terms of how they can be used and how they can be transferred and what status you have. That really isn't necessarily true if the US government were to do it itself but again I agree with you. There's sort of a limited benefit to them doing it really the question here is how does the US in this current environment maintain its central reserve status? Whether or not really it goes down the path of a digital dollar. They don't and that's the simple truth they don't. The essence of conservatism is no style Joe. For a great golden age that no longer exists and then refusal to accept the fact that that age has passed and its most characteristic in the form of the last days of empire which is what we're watching unfold in every sphere of public life across the world today as a previously. Yuna polar world is turning into this fragmented edge geopolitical mess. The bottom line is the age of American Empire is over. It has been over for a while and now is just a matter of how many decades is going to take and tool that is an unavoidable truth with deep impacts across the way of life for all Americans but the idea that we can somehow preserve the centrality of the dollar the golden age of empires the ability to use currency as geopolitical tool the ability to project power and have unlimited imperialism and control over the world in any place. We want anytime we want. That's gone it's over and now the question is what happens when we emerge into a new multiple the world in it's not a multipolar world only between nation states as I described it in my talk on libra. It's now at least a three part problem where you have. State currency in the form of digital currencies from central banks if corporate currencies in the form of Lieber and then you have people currencies private currencies that exist outside of the control of either of the above in the form of Bitcoin and open Open cryptocurrencies an open. Blockchain's all of those will exist and the all jockey for power and there is no centrality in this domain. There is no central actor that wins everything that game is over so in the CNBC clip that we played a little bit earlier. One of the things that it said is that in a world where central banks are effectively in a race to the bottom. Bitcoin wins. And I think that that's something that we're seeing here too. Is that as all of these digital currencies? Come out as we see governments around the world. Actually start to issue these things in the actually start to get used. You still fundamentally have that counterparty risk in the government and it's something where they can effectively change the supply and do other things just like central banks do with the money supplies now and that's something. We're bitcoin really really does stand apart. Because of the way that the issue and schedule is predictable long-term and basically immutable outside of consensus within the network itself which seems very far fetched given how important that number is. And that's just the issue in schedule but if you look at it across the five or six criteria of an open blockchain and you ask is a central bank digital currency open. No is it borderless. No is it neutral. No is it censorship resistant. No isn't immutable. No is publicly verifiable maybe but only for some participants not for others and if you look at the totality of that Central Bank digital currency can only be an incremental improvement over a central bank analog currency or a central bank non blockchain changes. Oh currents your mice sequel currency that we have. Today it doesn't do the open borderless mutual immutable censorship resistant and publicly verifiable trick. That something like Bitcoin does. It's not just the issuance. It's all of the other restrictions that fundamentally represents a nineteenth century way of thinking about currency that is now obsolete that framework obsolete. Now the only question is how long before the majority of people break out of that framework even if their own government is still stuck in it. When Powell says we will. He's not saying we. The American people will do X. Y. Z. Saying we the Central Bank will do that. But the problem here is the the Central Bank may do one thing and the vast majority of people may do something completely different unlikely. Many of them will do a combination of things. The population of the country will use the central bank digital currencies used the corporate facebook lieber currency and some small part of that population will use the open public. Blockchain's open cryptocurrencies like Bitcoin to achieve a degree of empowerment and freedom that they previously couldn't. Let's just jump into the next topic so our new characterize The State of progress on this compared to other countries you know the Swedish central bank developing an e krona. The Chinese. You know the reason that there was some one of the reasons with so much concern about the Lieber project is they would immediately have scale if they just rolled out the product the the another entity in a position to do that is the Chinese government to roll out at scale using their their already established payment by cell phone systems. They would immediately scale comparable to facebook if rolled that out. And so how? Would you characterize our ability to respond to this potentially competitive threat? So we're we're working hard on it. We have a lot of projects going on of efforts going on on that right now. We haven't. We haven't had the problem that many of you mentioned Sweden of it. A lot of the northern European comic economies have moved away from cash in to do a remarkable degree and that really has not happened in the US economy. Even though it seems like it must have happened With our kids not not using cash very much nonetheless The the amount of cash in the US cashing in the US economy continues to grow at faster than nominal GDP. So it's if you look at the if you look at the the curve of adoption of payment by cell phone you know it starts slowly and then all of a sudden it just happens and so that seems like that. Can that transition can happen in a period of above just a couple of years and so we have to be able to respond. You know if that's the driving factor then. We have to be in a position where we can respond by rolling out for example a digital dollar in on the couple of your time scale and I completely agree with that and I think frankly libra really lit a fire under that and was a bit.
"compuserve" Discussed on Let's Talk Bitcoin!
"I was GonNa say I think that the projectile vomiting probably it was responsible for that probably yes indeed gleefully talking about how corona virus is going to make us all rich is precisely the kind of narrative that would make me gag on air well and actually worth noting. I don't have a clip for it but the Guardian. Which again is another kind of mainstream newspaper in online news source had a story about exactly that there's too narratives that are being talked about with regards to corona virus on the one hand. There's like the nobody is increasing their mining hardware because all of the hardware is locked down and so the rate of increase of difficulty has gone down as a result of current virus and then on the other hand the narrative is that people in China are trying to get money out and they're doing that bitcoin and that perhaps it'd be part of this and again it's important to note that it's not like a crypto person who's arguing this in the Guardian or on. Cnbc these are just normal. Financial journalists the asset has become normal enough. And there's become this history of it responding or at least looking like it's responding under certain scenarios probably again just as a self fulfilling prophecy but still it looks like it and that narrative is actually making it into the mainstream media that goes far beyond us but again one of the things that you see here. Is that a lot of that? Discussion was the typical horse race analysis. That happens droughts mainstream media and traditional journalism that is sickening to watch. And it happens whether we're talking about elections whether we're talking about political parties whether talked about current events or whether we're talking about bitcoin and the analysis is who's winning and who's losing and why might they be able to win or lose and not at all about. What are the principles and watts matters? What is true and what is not true. No qualitative analysis only quantitative analysis of. Who's getting closer to the finish line or pulling further ahead from the other people in the race or the other sets in the race and that basically values and degrades the public sphere of debates. If everything is treated purely as the leaderboard an all we can see is. Who's winning and WHO's losing without any interest in discussing the actual merits the actual fundamentals. The actual principles. That are driving this then. It's pointless. Discussion is completely shallow. I think there is a personality type though like a lot of people. This kind of discussion makes total sense to them. They like to think in terms of WHO's winning and who's losing and also. I think that it is a winning technology. No matter what happens with the fluctuation stay today so over time it is going to be a winner and that's going to be played out in the market mechanism of price. And so I guess I don't have that big of a problem but it's not the kind of show. I'm super interested in watching which is why we provide an alternative here unless talk bitcoin. The other thing is the obsession was measuring the success of Bitcoin. Seen on metrics that apply to traditional financial instruments and therefore framing it in the context of traditional financial instruments. Because that's exactly the same as we saw in the early days of the Internet's where it was literally measured in terms of how many fax machines that could replace and that's missing the bigger points which is what kinds of things does it enable cannot be done today. What kind of new things does it do? That cannot be done today instead of simply looking at it as an entirely equivalence slightly better and measure it against the existing financial system among other things. One of the challenges here is measuring the price of Bitcoin in. Us dollars thinking of Bitcoin is having a price than measuring that price in US dollars because the problem is you don't know watcher measuring are you measuring bitcoin. Moving up or you measuring the dollar moving down. But that's true about everything and this brings us back to the topic. We were just discussing. Which is that. They're talking about it. Like it's normal and I don't mean normal to us. I mean normal to them. They're fitting it into their world view and they're talking about it just like everything else and I think that if you look even just a couple of years ago. That wasn't true. It was this weird outlier thing that nobody trusted and nobody thought was going to be around and as time has gone on it really feels like that's been beaten out of the mainstream right. They've accepted it. They might not talk about the parts of it that we like. But they've accepted it in a fundamental way and I think that's important I'm beginning to feel uncomfortable with an organization of my weirdness just again like even people who came in just a little bit after us. People came in Twenty fifteen twenty sixteen. They had a fundamentally different idea of what they thought was important about this technology and I don't think that we can expect that everyone is going to feel about it or in value for the things that we do and I think that as time goes on you know. Andreas when the libra announcement I came out you talked about how would basically lead people down a rabbit hole. Did they find a dead end at the end of right and then bitcoin is still there as a thing that continues to go right. That actually offers those sort of long term solutions. So how is this any different from that? Like I just see all of this from that. It's not it's not different from that but then again Turnley. Don't feel comfortable with the idea that all of this is simply a matter of opinion and all opinions are equal. I do think the fundamentally all of these analysts are missing the point and there is a point and there is a truth and there is a right here. It's not simply a matter of conflicting opinions and conflicting perspectives on all of those are equally valid than equally true right but I think we all acknowledge that our perspective is very much the minority right now and we're fighting against what is effectively the way that things are fundamentally in many of the things that we want cryptocurrency and specifically bitcoin to accomplish we are fighting a meaningfully entrench status quo not only controls how life works as far as these financial systems are concerned but controls even how it's talked about. Cnbc's an excellent example of a media source that's built around that fundamental the way that things are right now and maybe a changes but getting from here to there we've got an underpants gnomes problem. It's like step one collect underpants step to question mark. Step Three Prophet. We don't know what step two is and until we figure that out. I think the things like this. I see him as more positive than negative. I mean clearly. It'd be better if they were talking about it in a way that was accurate and actually portrayed the values but I don't even know if many people would care about that who are in their audience. I think that this is how those people want that news. What if there was a better user experience for browsing the Internet awaited? Take Back Your online privacy. Prevent Creepy ads from tracking all around the Internet. Save on battery life and data. 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"compuserve" Discussed on Let's Talk Bitcoin!
"It's definitely not a one hundred percent positive thing because as you said they have a perspective on it but it's not a perspective that actually is fundamentally incorrect. And they're not saying it's BITCOIN. They're saying that it's useful to them for this one particular thing and they think the bill save people money and if people think that too and they try and they like it. I don't actually see that as a problem I do. I disagree completely Adam. Sorry so what is mainstream and again. This goes back to the same arguments weeping having since twenty thirteen to me mainstream as the other six billion to me. Mainstream is the vast vast numbers of people out there who do not have access to fundamental financial services in desperately need them. Do They Care Hell yes they do. They absolutely care about this stuff. They may be. Don't know yet how they can use this technology to resolve the problems that they have but they very clearly see that they have these problems with financial inclusion with their national currencies with our political system with corruption bureaucracy with financial cartels. Was all of the other things that we see and those problems are the mainstream the mainstream is not the billion and a half people in Western democracies who enjoy more or less stable currencies. That is the exception so when we talk about mainstream adoption mainstream adoption is not a midwestern dude buying coffee at starbucks with Bitcoin that is not mainstream adoption that is adoption by privileged elite mainstream adoption. Means six billion people who are currently moral lassitude varying degrees excluded from the financial system having opportunities for financial self empowerment for future for their children that they do not have today. Do they need that? Do they care about that? Yes absolutely and they care a lot more than weather. Their mortgage takes one week to organize with a lender or one day to organize the lender right. But those things aren't mutually exclusive. No they're not mutually exclusive at all both can happen. Simultaneously One is incredibly important fundamental radical and world's changing and the other one is boring. I totally agree with that. But if you look at how technology gets adopted. It's typically not in these underprivileged places that lack the resources and time an infrastructure to really make it happen. It's something that happens. Typically where it doesn't need to happen I because there's the band within the attention span to actually do something new. That might be risky. That might not work or might be great and then it sort of trickles out from there to trickle is the wrong word now but a rising tide lifts all boats kind of thing. Yeah I see what you mean. Use tablet a base level of like. Oh this is actually important and then you hit economies of scale there where you start to get network effect and then it's much easier for actually spread to these other places because they're not trying to do something new that's unproven. They're just trying to adopt a model. That's already working elsewhere and they have a lot more reason to do it. We're not talking about adopting the same technology we're talking about. Adopting two completely different technologies that are completely at odds so the adoption of block chain with the with the fuzzy puppets and all of that bullshit by Western privileged financially included people does not create any of the infrastructure capability understanding learning or anything else that actually leads to the six billion. This is exactly trickled down in that. It's a myth. The problem here is while you're doing is saying well. If institutional investors the Big Bang central banks and the authorities with large finally approve endorsed. Give the blessing and wholeheartedly adopt and jump in with both feet into this magical crypto revolutions and the other six billion will get crypto. It will never happen that way. Because what we're talking about. Adopting endorsing approving etcetera is not crypto. It's the exact opposite of Crypto. So this doesn't help. It doesn't help at all with financial inclusion in fact it moves us in the opposite direction it gives people the illusion that what they're getting is related somehow to these crypto currencies. But in fact all of its principles all of design characteristics and all of the motivations for the exact opposite. This is surveillance money it surveillance databases masquerading as a popular people driven technology revolution. In order to serve the people who already have power with even more power. Not only does it not do anything for adoption among the six billion. It actually pushes us back. What I think I've witnessed over. The last number of years is the slow progressive normalization of the concepts of the ideas of what we're talking about here and it's not to say that everyone has the same version of them but using common language does have the impact of taking the kind of weird factor out of it and for a longtime crypto currency and. Bitcoin has sort of been stuck behind that. It's not to say that this solves the problem but I do think this moves the ball forward just by getting it out in front of people in a way that's GonNa make them laugh. You know that's GonNa make them. I've sort of a positive association with this type of thing because if there's one thing everybody agrees on its banks or slow in terrible right. I agree with you if it wasn't for the very obvious fact. They're right there. In the beginning of the clip they go out of their way to make very very clear differentiation and paint Bitcoin as scary so then knocked promoting the same concepts. Are they painting it as scary or are they acknowledging that people think that it's scary that the demographic they're talking to already thinks that and so they're diffusing a potential issue or a question that would otherwise come up? How many layers of IRONY DIV? Are we here? I mean right exactly right. I mean yes. There d be as planned to acknowledge the propaganda that they've already been deliberately spreading for ten years while whose day I mean again. This is a company not the narrative. That's against crypto currency but companies have been spreading these narratives from the very beginning. Because it's very much in their interests to paints this disruptive innovation as some things that is evil that as criminal lives only be used by dirty nasty wrong people who are not the right people to use this technology that narrative has been dominant throughout the history of cryptocurrencies. And they go out of their way to reintroduce. It's in this clip. So they're not really doing anything for US other than demonstrating Z. Extreme privilege cynicisms that exists in the financial industry and motivating me and others to completely destroy that to industry. Okay well if we're looking for some positive news coming out of the mainstream media about Bitcoin let's listen into CNBC fast money now up for graphic bitcoins. Boomtime continues back above ten thousand. Get this if you're not paying attention you probably should be. Bitcoin is now up forty four percent this year so tim. We went from zero to twenty thousand back to four thousand now back to ten thousand. Is Anything different this time around? I think what's different is firstly. You've shaken out a lot of weak players. You've shaken out a lot of the momentum. You've certainly gone further down the road in terms of institutional you know follow through. You've certainly had major banks in the world talk about their own blockchain platforms. You've had a dynamic where money's become freer than free goals been rallying. Why shouldn't Bitcoin barreling? I I agree with you. I think that last part of you talk about a fed just gone nuts as guy thinks it has or all all the central banks going nuts. I mean that's part of the bull case for Bitcoin. Plus I institutional interest as well. Yeah but let's listen so we got rates lower. We got gold up. We got utilities bitcoin up. So it's all acting like safe. Haven that just takes me back to the mega-trade what's going on there. That just seems very bifurcated in this market where they're doing that heavy lifting but these other things that we identify a safe haven assets have really perked up Roy impact here. I know a lot of the buyers come from that part of the world and you wonder if they're looking to protect their money. Maybe hiding it and bitcoin perhaps but I do think to. Karen's BITCOIN DAYCARE FOR CORONA virus. Chris are tripping over themselves to devalue their currency. Bitcoin wins in the world of Fiat currencies. Bitcoin is Victor Bryant and certainly has been forty four percent this year. Okay so that's it. Oh Oh. Bitcoin is the winner right. It's also important to note that there wasn't anybody on the show who is like a native cryptocurrency person this was like the normal cast of CNBC. Fast money talking about this stuff. I think they stopped invited me to that show when I could no longer a high the effects of my gag reflex being triggered while on camera.
"compuserve" Discussed on Let's Talk Bitcoin!
"TODAY. We're joined by the other host. Let's Talk Bitcoin. Dr Stephanie Murphy. Early podcast her in early bitcoin. Adam I'm excited for the ship today and author educator but don't call him Bitcoin Jesus it's injuries synopsis. Hey Adam so excited we have clips from the Federal Reserve. Im tickled I know right. It's a Glorious Day. Jonathan Mohan however is out today for Heath Denver. Thanks to everyone for being here and thanks to you. The listeners for sitting in on today's session so this year I set a goal for myself with the show to talk a lot about these sort of transient news topics in the twenty four. Hour News Cycle. You're a lot more likely to see someone get accused of money laundering or mostly meaningless partnership deal than you are likely anything to really impacts the narrative or much less technology that we've been following so closely the last eight years but this week is a little bit different. So let's dig in with our first clip. Okay I gotta go. Hey I'm blockchain what's You've heard of me and you don't know what to do or you've never heard of me and you don't know what I Alabama in which case. I don't know how you're here don't watch a cafeteria for the rest of you. Here's what I do. I am not bitcoin crypto currency. Or anything scary too. In fact I make things less scary. I improved financial transactions like loans behind the scenes to make them more efficient and less costly. Which if I work. My magic right can save you money. I'm accompanies like figure used to record share and exchange the data about your loan before me. This is all done manually. Aac By people and people can make mistakes and then you find those mistakes and correct them which I'll take time and money. So how disfigure do it? Please tell me. This is a parody. It is not this is on t used create an immutable record. Media can't be changed. So the administrators trustees and other people who used to verify all that paperwork can have more free time to pursue their scrapbooking dreams so the mistakes are recorded forever figure to get a loan. I make a block. Hey Care of that. Block is a super secure digital record of the transaction. In fact it's so secure in order for me to create a pen to block. I have to share my blog with a network of unbiased. Computers called no from trusted financial institutions. All over the country. They're out and they all have to sign off on it to give me the go-ahead to make it to go go ahead which means I can always maintain the security and legitimacy or truth state of your data making on compromisable dreaded. Say That dance fast on customizable. She's actually doing it. I'm like evolve except a super secure vault with many different keys. That gives you a big long disputed chain of truth or paper trail but without all the paper so with figure we can pass that time and savings onto you can get out this place and onto a better place like literally anywhere but here later years. Okay that's pretty much it figure. Wow Okay Harlow fellow kids. Can I in quarter as to where I may purchase one marijuana? Okay Okay so figure is a company that as far as I can tell is using a permission blockchain where they have financial intermediaries and financial institutions as people who are signing nodes and as a company they offer home equity lines mortgage refinances in student loan refinances and their whole pitch is built around the idea that blockchain allows them to take out a lot of timely parts of this process and so what they say is that gone are the days of nine week approvals and stacks of paperwork to get alone with the help of some awesome technology and your equity figures giving you access to your money at the speed of life. So that's the kind of Spiel. I had not heard of figure dot com before this so we just listened to the two and a half minute long full version. But they're running thirty second versions of this on TV in addition to sort of the long version. That's on the web and they're very funny..
Bots to Date for Us: The Future of Love?
"Brought you in because Of a woman name his Enya. She's a mutual friend of ours. We both know her and she said something to me that I thought was like one of the most was fascinating things. A tech person has said to me. We were doing an interview in San Francisco like outside at some fancy place and she was talking about artificial intelligence. I and a friend of hers had passed away and using all his personal data text messages and like anything he'd put out there publicly she had recreated the digital version of him a lot of some sort That she would. It was almost like a shadow of him that she would still talk to which was like this crazy concept at the time time on. There's like a Black Mirror episode. That feels very similar to this and she would be texting with the Roman brought to her having this whole conversation about the future of AI. Hi and she said one line to me and this is how I always is like as a reporter as a journalist. This is how I always end up doing different episodes and like I go off and I go off into the world and do a whole different story based on something one person says to me in an interview and this is how. I think I've come to you. She said well in the future. We won't even date on dating APPs we'll have bots to date for us like they'll just date for us. We won't even have to swipe and I was like I wonder if down the line that will happen. So that brings me to you. Shane Mack is yet and That's going to happen rate for sure and so. Tell me an and it's happening happening because you're doing that in some capacity before we kind of get into that. Let's talk a little bit about you. you're obsessed with bots. I am now. Yeah what about them. It wasn't my first love. I was obsessed with messaging and I really loved the idea that I should be able to text people and businesses the same and the future would be all lived within messaging not calling or doing crappy website or downloading an APP and then my co-founder was the founder of declawed Robert Stevens and he came to me and said hey the future is not messaging humans future as messaging bots and other. What do you mean? And he's like well. The future is about language talking to systems so he was like let's just hack greatclips website And I'm I'm going to build a textbook that allows me to say I want to get a haircut today and it'll go fill out all the stuff for me automatically on the website and the Bal respond back and say there's a opening and twelve minutes fourteen minutes nineteen minutes and we built it and this is a two thousand thirteen and we went in and Robert Name was on the screen. Is Robert Stevens twelve minutes. And he's like this is the future and it's going to remove all the software in the middle and so then I became obsessed with the mission that bots will create the next wave of the internet which I think because about getting us off the Internet the last decade was about getting us on the Internet and I think the next one is about getting us all Florida vices capacity. Because if you start with today you start with letters to make words words to make meaning and meaning goes to be intent but if you go tomorrow I think we start with intent tent like I want to get a haircut and the body goes a nice it for you and a learns about you knows your preferences and knows how you talked. Everyone else watches in dating context. I look get where people always have. Friction and get kind of Annoyed and I'll listen to people on dating APPS and they're like I have an inbox full of tons of people. We all say the same shit and it's just an endless banter and I can never remember windfall up with and then I've taken to my text messages and I don't remember an unnamed named hello there fucking know this person is and I listened to Mike Okay. So that's not the future that's too much friction and it's causing people things -iety and I think the boss will handle all that. Can you just our listeners. explain like the most basics of like what is it yeah It's just a piece of software that can communicate with you and whether it's on Alexa that would be about whether there it's In a text message a response back and says had agreed. And it's a computer system not a human that's about or if it can talk systems like we have what's that we've built that can both haircuts or book appointments or Boca Flight. Do Anything like that in your company. Assist essentially built kind of this platform all for for this and so much show that facebook kind of called on you. I remember when Mark Zuckerberg Was Up there and facebook launched bats like the Sucker burgers up there talking about one eight hundred flowers that face because its developer's conference for folks who don't know they have developers conference once a year where like all all the facebook executives. Get up there and they talk about like their biggest things that are coming down the pipeline. It's a very big deal for facebook And and they kind of set the stage and and I remember Mark Zuckerberg getting up there. And he's like you never have to call one eight hundred flowers again right and And he's a because there's like a bought right or or something and that was powered by you guys right or you through the first partner. Ever launched seventy two hours before we didn't know it was going to happen and they said Zuckerberg wants to know if the CEO will care at one eight hundred flowers if he makes fun of them and the C O like no. It's amazing let's do it and he's he's always been very progressive and he built his company off being the first company in the world to sell on a phone number and then he was the first person to sell on the Internet compuserve in Nineteen ninety-three and so the fact that they were the first to launch with us to do boss like made sense and it was cool. And so you sold. Are you required. said it was acquired And this this is where things get interesting right because like I think you know we've heard about bots like for all these big companies using it especially customer service bots and all this the stuff but like things are getting really This is where I light up right because like she kinda weird ray because now they're going to be used in all these different ways like this is stuff that no one's talking about there's a whole other use case of bonds and you started thinking about it As it pertained anti like our personal lives right dating and there is a problem and the problem is that there's so many options is really hard so all this is kind of happening simultaneously simultaneously. So you have kind of somehow. Shane thought about bought use for dating APPS. How did that come Komo doubt yet? So I'll give you the business answer and then like my personal and business answer is I actually have been always very interested in the space And I was like the swipe is commoditised so all their business models are built on connection but the connections now infinite like. It's not that you can't get connected because everyone's is on them. It's become mass market. And there's no more stigma than so now everyone's connected. Yeah we literally. There's like so many connections. You don't know what to do. So they've nailed their business model so well that it has has no value so now you have endless connections. But that's how they make money but if I don't need to use specific apps pay them to have more connections then the question becomes uh-huh if if swipes were like how you walked up to someone at a bar and you judge them you have to look at a photo type left right. I think the future is actually the language of the bought that that is what I was like. Oh the first response is actually the new. Swipe the words are the swipe. That's how you get a response. Because everyone I talked to you since messages than ever hear back so then the way that you send messages and how you communicate effectively in what do you have any whitten. Are you funny. Are you curious. Are you specific questions. All all types of things like stuff that I like to think about and just like how do you get people to be more curious and more specific in their question asking. I was like if I can teach everyone how to ask better questions. Will they get better answers. And we'll get responses and it is the new business model based on words not on swipes. That's how that was like maybe okay so now giving the personal answer answer because you're also a dude who sounds like you're on the dating apps and like An. I know every founder tries to fix a problem for himself. So were you just not getting responses. No not actually if you will see if take handwrite and I love what hinge. Did they made it more personal use personal message to a piece of content. That takes so much time. Yeah Yeah and so. I'm looking at it and for me. I always optimizing time and I'm like wait. I'm writing the same type of message for the hiking photo jumping at the top of a cliff for almost every single one or a piece of food that someone has or they have the picture on the bowed or they have a dog like they're all kind of the same and it's it's Kinda sad I was like shit. They all look the same in this profile format that hinge created and it takes forever to literally type A thoughtful message over and over again and and I was like I wonder if I could create a Bot. That would watch how I communicate and optimize it based on if people respond and over time be better at writing and also use the community so if other people are using different language I would learn like searching searching on the Internet. You can search. What are the top fifty things to say dating but when it's in your keyboard and it's part of your body it's probably conversation? It's like there at the moment when you're sending a message and you can then send fifty st messages in a minute. Instead of fifty messages a day.
Bringing Voice to the Elderly with Maarten Lens-FitzGerald of Project Zilver
"I'm with Martin Lens Fitzgerald Martin. Money tell us what you do so bill for over three years now. I'm a voice evangelist. So I helped companies find their way into this new channel. Maybe even a new medium and I do this in Amsterdam so most of Europe is where I work customers like Vodafone. KLM TALL POW all kinds of companies. That I talked to that I help inspire action. He gets simple skills skills or actions going or even help them scale. AWESOME UNWARE HAIR project voice What are you doing a project voice? What do you do you like will here? I am actually sleep tech talking to people about project silver which is my project that helps elderly people yeah get better life uplifting there live using voice technology and it's consorts you. Mike created together with Google in Holland as well as the local AARP and insurer and the government ban and what we found. I'll be sharing this research tomorrow. Is that over. Twenty one percent of the elderly had talked to the vice is already up and running and yeah basically it's a very promising medium medium for them so with the consortium and trying to get customers are basically trying to get organizations to create services for the elderly because Handy Handy. That's great you know. I M super bullish on the elderly invoice because it's not technology they need to learn just talk and and it just works and I think it's one of the. There's such an opportunity for the voice industry to get in and help Italy and have them lead a better life. I it's what I've found with snow already for a year and a half is that it's a flywheel effect I found platforms. They get more users at more of a positive a PR angle. It's not just light bulbs on and often buying flowers knows making people's lives better. There is so much impact their customer or the organizations get more customer service purpose than better and then the elderly whose lives get ab- lifted so and that together it creates like a magic potion if you will and we started now also in Denmark. I'm looking to start in Germany in the UK as well as in the US news. So that's my mission so you touched a bit with talking about your project and silver and elderly but where thirty one of the voice and what do you see it going in next year five years. Where would you like to see it so if I was younger? Now I would steady the anthropology collagen emerging tech. So how do you emerge a new channel like voice. This is my fourth new medium or fifth new medium. started out web did email we all did. Mobil did augmented reality. And now this and so where are we now. And what's going to happen. It's Daily. I wonder I ponder that so on one one hand I think are we still. I wonder are we at the gopher stage of see remember ads. Remember that this tree whip creates are are we at compuserve and AOL live at further was walled gardens which suites the platforms aren't or are we at the stage age. Where you had just Nokia blackberry but no iphone or android and I think we are before the iphone moment of voice and Actually Salihi standing in the sand or that? I think the approach that bixby house is one of the key next generation approaches that we need that is different than almost the APP model. which you find with Amazon with herbals? I'm really yeah following. Let's go on with gigs. Because I think that is very well. Thank you very much. Yeah we're trying to push the industry forward and you know we have very able and great competitors and I think it's all it's all just a rising tide for all going on right now. So Martin. People want to follow what you're doing project silver or yourself. How would they keep in contact with Zilmer with a z dot com where we will publish publish our research results next week? We'll be launching tomorrow here in formerly the next we could we Downloadable as a pdf and then if we want to know more about me use me in your company any any which way as a talk as it were jobs or helped me help. Create Services Lens Dash Fitzgerald Dot Com. Everything's they're awesome pleasure talking to you. Martin
Samsung Galaxy Fold, Microsoft Surface Duo and the future of smartphones
"After five months of delay. The Samsung Galaxy is now on sale. It's two thousand dollars. It's got a foldable plastic. Seven point three inch led screen and its second screen is four point three inches on the front but Scott will revolutionize the smartphone well I think Samsung is trying to figure out where and a lot of compuserve trying to figure out where to revel revolutionized the smartphone but I think this is not at the point to get on board looking at Jessica's review on CNN. It's expensive. It doesn't have the Water Indus- resistance. It's a fragile phone battery. Life is shorter order. Nobody figured out really how to how to use these screens with software and APPS so these are a huge amount of drawbacks a on a two thousand dollar phone compared to anything else on the market that Samsung or anyone else makes so you can tell between this Microsoft that people are trying to figure out the future but we're not there yet and you're basically buying a prototype concept device at a premium so one thing that Jessica mentions at the end of her video review is that foldable phones are not in inevitability. We're still kind of groping around to try to figure out what the future of smartphones are. What's your perspective on that because you write a ton about out phones. Obviously the iphone has been very incremental the past couple of years but there's this expectation that eventually apple. We'll get into a foldable phone. Do you see the it as a potential inevitability or is this at least something that we're going to be dabbling around with smartphones for at least the next couple years. I think we're definitely take stabs at it but I look at phones and future tech and I use a lot of different devices. I mean I'm not saying everyone. We'll do this but I wear a lot of things on my face. I will experiment with VR and AR. I think about like like we're those screens are coming from. Maybe it's on the phone. Maybe it's something you're casting to. I still like the idea of phones that connect to something else and become like Samsung Index. Yeah becomes a monitor for computer connects to your TV. We've talked about that for years and we're not really they're still but it's obviously technically possible. I think that there's a convenience to folding it open but I think the ways that you get your second screen in your extra. Information are GONNA come from all over the place a good point yeah. That's the promise of five G. That's the promise of like this. The super streaming interconnected life so by the time we get to dual screens. I feel like we're also going to have many other ways to tackle that so I like it but you know I didn't like the Nintendo. Ds when it came out and then I liked it later so maybe I'll change my mind unfolding phones but it seemed cumbersome to me well speaking of the Nintendo. Ds Gas Bring it out. That was a little mean but I'm GonNa do it anyway. Microsoft introduce another concept for the folding phone at its launch event yesterday yesterday the Microsoft surface due out it has to five point six inch displays connected by hinge in the middle. It also doesn't come out until later next next year right so this is kind of hinge instead of a crease how revolutionary do look at this or do you just think it's kind and two displays pasted together. Well other phones have done this to. We've listed them on. CNN and there have been hinged dual screen phones but Microsoft doing. This is really exciting citing interesting. I think it's a it's a bet on again trying to figure out that future. I think I like the laptop one the neo more more the bigger one yeah because I think you're gonNA unfolded in use it like a laptop and I love that keyboard. So you have a real physical keyboard. That's going to shift around and become the track pad or were the touch bar thing which they call Wunderbar but whatever so that's that but that's trying to figure out like I don't want to type on a screen but I wanNA keyboard aboard. It looks like the Super Ipad. That's exciting. The other wine is a bigger phone. It's to five point six inch display so it's take big. Whatever that's duo which is about what's fascinating to me is the the collaboration with Google android Microsoft plus Google android to me says that Google can obviously work on making dual screen phones now but maybe use cases aren't there. Microsoft is practically minded minded productivity company so this is a year long task to figure out. Can we come up with functional things which I'm sure they will so. I think that's a great that's a great company to put on tackling that challenge will benefit all the android folding phones sure okay. It sounds promise it but it's like an absolute a research research project. It's like it's what it is with you on that however if anything people have started to get a little bit uncomfortable with the creeping prices in phones yeah this is potentially doubling the price of a thousand dollar phone. We already know the folders two thousand dollars this phone. The duo is probably going to be really expensive valued expensive. Do you think people are GonNa Balk at this and you know only neo hipsters are gonNA be really interested. Purchasers Yeah Yeah. I think I think and people will balk at it or would just choose not to get it. I think this is something again like they're gonNA lead with. This is a future move down into other types of products that kind of happen with other there have been tons of weird windows laptops and devices over the past number of years so this is almost like more of that plus android. I I think a lot of people do it. I think it's good if it's an all in one do everything thing like if it's your laptop your tablet if it's your communicator or whatever you WANNA call it. You're paying enough now for your paying enough. You would hope so better be yeah. It's like your car so hopefully it's that the fact that they have to devices though suggests that they haven't quite quite solve the do everything between all of it because you do have to pick the smaller large. How small is that small is it. It does feel good to type on how how many apps are going to be working nicely that which is more like a laptop. I wonder if the radio which is the bigger. One is almost like a laptop either way. I think it was going to feel more Microsoft Microsoft.
ReadyUp is Connecting the Esports and Gaming Community
"Youth sports is a fancy word for gaming, which is a fancier word for video games. But please put away your preconceived notion or stereotypes of what you think video games because the budding business is raking in millions Rodrick lamantia is a serial entrepreneur in media startups. He was part of an entertainment that was sold to news corps for six hundred fifty million dollars back in two thousand five but recently alimony has turned his attention to the east sports world. He's partnered with some of the legends and gaming to create ready up ready up as a platform that connects gamers at all levels of play alimony and ready up are betting big on east sports this past fall. They raised two million in capital tonight. A conversation about the future of sports east sports Rodrick alimony is in town for the world conference. He's my guest in studio Rodrick, thanks for being here. Thanks for having me. First of all you were at the conference. And all of it was about transforming the world. I think that the thread was blurred. Correct. You spoke at the conference. What did you tell people? Yeah. Well, we were talking about partnerships and experiences one of the things that we're doing it ready up is we've partnered with the NBA players association and one of the experiences that were in the process of executing shortly his for fans to be able to engage some of the top NBA stars who are huge gamers and essentially connect with them through through game. I can't even believe that that would be. I just flashed back to me being fifteen years old and thinking, I could play Glen Rice. Glad right. It's that's crazy. That is the future this opportunity to do all these different experiences with real people in a virtual world was interesting about the process. We connected with the MVP a in July or August of last year. And we had a really great conversation with Michelle Roberts. He's the executive director of her coach was we realize gaming wasn't gonna be the pet rock that was here to stay thinks that ninety nine percent of the basketball players play video games. And a funny story, she told us she was out with some of the night, and after dinner, she was telling them mail, you guys. Go home don't get into trouble. And she said we guy's gonna do. And they said we're going to go we're gonna do some fortnight. And she said, where's that club? Located. Fortnight leads us a good place to start because east sports has has been on the forefront of of our culture for the last couple of decades now, but fortnight has brought it to a new level. You're starting to see it permeate culture in a way that it's like you said, it's no longer the pet rocket is the rock. Do you need games? Like fortnight and experiences like that that come along to get the business of east sports into a higher level of visibility. Fortnight was great for the industry on a couple levels. One of the interesting things about fortnight was you actually saw a lot of girls and women playing it. But actually more girls I'd say at the high school level traditionally video games as being focused on, you know, males eighteen to thirty four. This was a really interesting crossover. At least in the kind of the more hardcore concerned more hardcore gaming side of the business. When you look at mobile games there. Obviously massively populated by women games like candy crush inside. But this was a game. Yeah. And what he why why what is it about fortnight from your estimated that that made it so popular. Well, you know, it was kind of the combination of Minecraft meets I came called div, which was the first really popular battle royale that kind of came more mass market the growth curve on both of these games was tremendous. I mean, literally zero to several tens of millions of users in a very short period of time. Perfect example fortnight the next game that came along Gwen called apex legends. Which is another battle royale published by EA that believe they went from zero to forty million in literally weeks as opposed to month. So it's amazing. The think about the victory right now. And you as someone who reading your background, you got your starting starting media startups. How do you get from there to east sports? I've been kind of working in startup since nineteen ninety five I was working at an ad agency on the media side. It's a really fun story. We had Microsoft is account and literally with. Public eight months before windows ninety five launch. I remember that you're old enough to remember the windows lunch was huge. They needed a an online planned back then online met getting online through or prodigy or CompuServe and no one really cared about it. And so it was hey, give it to the young twenty something year olds who care about that stuff. We're dealing with TV, and we're dealing with print, and we launched when designing five on the internet. I met Infoseek which was the first search engine to ever do putting ad banners with keywords, which Google obviously since I've absolutely perfect. That's the heart and soul of it. Now. Right. Yeah. And the crazy part was Infoseek actually recruited me became the first sales higher there that wasn't an executive. What did you learn about that experience that you keep with you several years later with ready up persevere when you're kind of on the cutting edge. I mean, literally four sixty eight by sixty ads were considered a crazy new ad unit. Which is something that we're like thinking, whatever, you know, it took time it didn't happen overnight. It took. God probably six to nine months, and you just had to persevere when you're working in startups and subsequent startups after that. And even the one ready up. Do you have to remind people around you might be new to that business that it takes time that it's not something that's an overnight flash in the pan. Even even if there is success. Absolutely. It's hard. You're the wise old man in the. Thanks for calling me. It's one of those things where it doesn't happen overnight. And you get a lot of nose into lot education after left Infoseek fortunate. We got acquired by Disney who had those back in the internet heydays when he worked at entertainment, I dot com. We were kind of more hardcore gaming focused. We weren't doing a lot of ad revenue with the video game publishers who are spending all their money in print so which just a function of time and working my ass off and suddenly boom exploded. And the long story short was we took the company private at twenty six million. And we ended up selling to News Corp for six hundred fifty million mazing, and for you to be a young entrepreneur to be in a position where you're seeing that kind of money. What does it do to you? Because you're not getting the Sixers a lot that goes into getting six hundred fifty million. But but the wind to be a startup an entrepreneur the win on on getting that cell has been huge Infosec. We went public literally within public. I don't even remember year or two had been there. I mean had gone from making eighteen thousand dollars a year living in San Francisco, which is just ridiculous. I remember go out and spend forty dollars a night. And be like, oh, man. I'm done. I'm done to working at a company that went public, and it's completely life-changing. It's very life changing. And you know, it's one of those things where you know. It's probably live arrogant when in your twenties when you've come into that sort of success. Luckily, my wife who've married to what twenty four years now this year, or I'm sorry, nineteen years this year, we together forty four and you know, she was kind of person who kept me in check so these so
"compuserve" Discussed on 1170 The Answer
"Thursday? Yes. I can't delivered on Thursday. Give me a credit card number. So it was ABC, right? Always be closing. And then ninety five happened the internet came in democratize information, people weren't calling anyone anymore Google or CompuServe or Netscape or whatever. Yeah. Or AOL AOL? Right. And so sales people had to change, right. They had more value. And so they became more consultation. Right. Ask more questions really finding needs and pain points. And then addressing those in their presentation, which could be a conversation or a formal presentation. And then in two thousand five something else happen, right? Cloud services happened, right, which democratized technology. And so now you had all these new companies being formed right competing with big companies. So a fortune five hundred companies competing with Joe and Bob from their garage. And so if you're a problem or pain, and you go to Google, and you type in here's my problem or pain, you've got four hundred different solution. Right. And so how do you make a decision? Yeah. Right. And so that's the evolution of that. Is insight sell selling or teaching right really blowing people's mind with something that they never thought of before. Sorry. Oh, explain because those are the tactics that you really want to focus on because people started to have to have to differentiate themselves and find a niche way to express why should you work with me or wise, my company more interesting? So yeah, I'd love to hear what you developed with those tactics. It's about becoming an expert in your field. Yeah. It's not just about having a Proctor service to sell an and knowing the features and the benefits it's really understanding the market the industry the economics implementation. How do you get the best out of my partner service? Let me show you how right. So how how are you demonstrating that in in such a quick way that the perspective client gravitates towards you? Right. And as far as your services or the people that you're training. What what are some of the the number one tips that you can advise our listeners to really focus on. Well, we have a short amount of time. But I would advocate developing insights, right? Taking yourself back to school really learning about your industry in trying to find something that people don't know about their like, for example, real estate what's going on in San Diego. What are the trends like where up and coming school districts, right? Where is there are going to be a price correction? Is it going to flat line really figuring out? What's happening in the market? So you can say, hey, look. Prices aren't going down. They're going to stagnate for a year or two interest rates are probably going to stay pretty low. Right. So we'll ask Paul. Still a great time to buy. This is going to be one of the better school districts based on you know, the gentrification whatever's happening in the area. I mean to really differentiating yourself with with those insights with that education, and then you can go back and say, you know, discovering needs and the kind of the classic concentrated sales process. So it's interesting because there are three things that I really focus on in differentiating myself in my real estate career where my speaking career or or whatever it whatever it is. But I always focused number one. You have to be a professional in your field. Because if you don't have solutions to the service that somebody is trying to hire you for right to remedy their problem. Then you're just like everybody else absolute. So so professional and is number one and one of the things that works for me is just being extremely vulnerable and humanizing the experience. So that it comes across as oh, I like this person one hundred percent. It's still comes down to. It's still eighty percent the person. Yes, if you don't like somebody, they might have the best Proctor service. You'll. Find another way to get it. The the the one thing that I I really loved about Michael. And I wanted to get to know him a little bit better as when he was presenting in Houston, he took over the persona of somebody that he had trained when when he was leaving sales teams. And I'll let you tell the story. But if there's a message behind this where yes being a professional gives so many advantages, but there's also one word that I'll let Michael tell and demonstrate after he I'll give you the abbreviated, but there's this gentleman named Derek. And we we hired him at we're doing door to door sales than in the inland. Empire for Verizon. Yep. And he was about to get a job at McDonalds. He decided, hey, I'll try some door to door selling. We're thinking about one hundred bucks sailing commission after a couple of weeks. He was doing five sales a day. Just extrordinary that's six six grant, we working six days a week for someone brand new never done this. So we brought him to the the training room. And we ask them to role play with the rest of the guys. And so he got up, and he didn't know anything about the. Product. Right. He couldn't answer any questions. He didn't know how to respond any of the objections. And so it was embarrassing. And then you know, I got suspicious because I was like how is he? How's he like performing? Normally, you would have like eighty-sixth them. You're done. You're out of here who what are you doing? And so is like, hey, Derek. I'm gonna shadow you. You know, I'm so see what you're doing. Now Mel teach to the rest of the guy. And so we go out and the the the the third door in the sky answers the door and enteric has gone Siri. It's derek. And the guys like good. He's all, but I looked into your service, and you guys don't get the NFL channels. I want and Derek site all but Sarah, we get the best. And the guys like, no, no, no. I looked into your your packages. Your prices are too high and Eric's like, oh, but Sarah, we got the best prices. They're betting the prices, you pay now the best and this would go on and then step back chin and say, all right. I'll take it. And how the heck what right what just happened, you know, since and Napoleon hill wrote about that. And so long ago, and it's just like just don't give up now. When you can do that. And it translates then that person, you know, eventually, they're just going to give up and white you out of their hair, and it will cost them money to get you out of there. But they're willing to pay it totally right. But that that resiliency that nasty. Yeah. He he went through that. Did that all day? Same pet and called the better best pitch. How's it really doesn't? Substantive content than that just better. It's better. It's the best. He got five sales with enthusiasm. And it came down to the fact that when people were opening the door and the Kennedy witnessing Derek's enthusiasm. They just didn't want to ruin his day. She was having such a great day. I just want to comment on that. Because there's so many spokes in a wheel to making something complete right? You can be the complete professional know everything about your industry and be just like a dud or rock, no expression. No, nothing, and those people are going to resonate with you, just not, and then you can be the complete opposite know nothing about your service. But then just be like this overwhelming enthusiastic personality. That's contagious breath of fresh air. Right. And that contagion isn't a virus. It's actually something that's uplifting. And people want to absorb that. Again. It's just that human connection. They wanna be around you because you energize them told you're you're you're giving off this positive vibe. And people are like I want to be around that, you know. So it was a lesson to me. 'cause I'm cerebral, right? I'm have an analytical side, I witnessed that. And I was like, you know, what we evaluated everything because you can know everything just like you said, but if you don't have, you know, Derek level enthusiasm. Yup. Into what you're doing? You're never going to be a top performer. Exact if you don't use the love in what you're doing. And if you're not just kind of breathing the fact that you can't wait to bring value into their lives people. They just pick up on that. You know, they just know. So it's just fascinating. I'm not telling any of you on the air listening to not know anything about your business because that's an anonymous. Right. That's the anomaly you still have to take yourself to school, but just be enthusiastic, but there's a lesson of how to connect your own enthusiasm to your service because when people are reading you either they're reading your professional content. Your ability your way to demonstrate, but then they're also factoring in the human part of you and his humanizing ability and just being that way and being so enthusiastic about how he was talking about something he had no clue about right? The people would eventually just wear down and want a one a part of that. And whether you know, whether they were like scratching their heads when they went back in their house or not go what just happened or did you ever study? What his cancel rate was or you know, the, no, no he had a pretty normal standard center stuff. Really? Yeah. It wasn't wasn't extra high. I mean, everybody had about ten fifteen percent cancellation rate than his was on par with part. That's fascinating. Because sometimes people will do something step back. Oh, what on earth? Has happened. I'm canceling this immediately. Right because my dad used to do high pressure tactics. My dad owner renovating company grew up in that area was just like boom. You know, tell them whatever it took to get it done. And then he'd be gone, but yeah. So he would have an attrition rate that you would always work the same deal. But if if he stayed on par if it was on standard, and there was nothing that they felt was illegitimate about the process. Nothing dirty about the process, which is how a lot of people feel about people in sales like people will go over the top and compromise themselves just for the deal. So if you're going to have that positive spin have a smile and speak about this is the best like that's the biggest biggest challenge for sales professionals is breaking the preoccupation of the prospect and then winning their time. That's right. That's a great thing to remember winning their time because unless you get their time. Yep. You're not gonna get anywhere. Yeah. Right. And so many people skip that part. We're gonna come back with Michael Tracy's information is how you can reach him. After this message after this break..
"compuserve" Discussed on TechFan
"That was was a walled garden. Yeah, it wasn't a true online service. It was a glorified BBS system where all the content you down in ALL you don't never leave. AOL it. You know it was a chat service. It was online forums. It was. You could download, you know, programs. You could look at the news. You can do all these cool things. What really everyone use it for was Email. And eventually, you know, when when AOL came out on ninety, one was when it got really competitive AOL charge to ninety five an hour and copy service at five bucks an hour. I mean, that was a big deal. See, says the number of users grew peak at three million in ninety five, which. You just can't compete with AOL's twenty million users. I mean, that's the disparity. It's just too big in ninety seven. The parent company CompuServe decided they wanted to sell it off. And of course bought CompuServe AOL. They continue to, you know, run it for a little while, but they eventually named it. CompuServe classic. This kind of their. I don't know. They control their own competitor if you will, but it it was generic CompuServe. Two thousand was rebranded AOL client with separate services, and they also had CompuServe dialer which is a low cost dial up p because that was so needed back. Then most of that stuff's closed down pretty early, two thousand eleven CompuServe. Two thousand closed CompuServe classic died in two thousand nine. But here's the thing. CompuServe dialer continues to operate as a web portal. And of course, when Verizon acquired ale, well, in two thousand fifteen, that was part of the deal. So CompuServe became part of Verizon's oath Inc subsidiary. I think that's it's interesting that it kind of still exists, but not really. I mean, it's name only if if anything. Yeah, look, I mean, so. He's been Civis that the changed according to the requirements of small kids butts a as amazing still exists as any full events t really bearing him on the the internet is is oversee now so huge. It's the fact that that I mean, obviously mice fund, I o will still looking around really, you just kind of kind of want to, but but I guess for some people, these systems have real conduct stickiness because people comfortable as what they know. And so they'd rather use them as a front end thrall then go into the the, the open west, the wild west of the general incident really. Same thing that you know keep for for certain classes that keeps Google going is the fact that they don't feel comfortable on the computer unless they presented with the Google search page when the ten on. Here's the funny thing. Here's something that I don't know if a lot of people out there knows gift or Jif. I always going to be gift to me. I don't care. Jeff is a peanut butter here in the US. It's not the graphic format, but that was actually introduced by CompuServe. Remember people were dialing in with literally modems fifty six k twenty eight twenty fist one I had was twenty four hundred. Bold. Yeah, I started at fourteen four. Yeah, twenty. Four hundred was a fist when I sorry bender I found a company I was working at. I was like the guy that on I found it in in a funding cabinet and it's twenty four hundred Bill Boden. And so I knew we went using it because it was in the fall of cabinet. So I said, I said, say sit to my both of his the fun actual darts company. I said, you know what? We're gonna do this easing for anything. He said no. He said said he do want wanna use it. You won't take it home use it. So I took it home, and so I had a modem I out she was using Fido net which will serve it to be like an open source vision of CompuServe was loads and loads of Fido, net belittled systems all around and you..
"compuserve" Discussed on TechFan
"The spun off as a separate company in seventy five trading on the NASDAQ under the symbol CMPS Hugh. So it started life completely different than where it is today because it's still around today. Kind of in CompuServe kind of really became a thing in the eighties, late eighties and it was a way and it was just there was no graphical user interface, but it was more of a dial in service if you will, and it had content on there, but it was it was really, really big in the nineties for a while. Of course CompuServe. Fell to the home with behemoth that was known as AOL. I mean, AOL kind of for those who are too young in don't remember. I ALL was massive in the nineties. They were just massive. You've got mail. I mean, the the tropes continued to the state because of that company and they really took over because they did two things really well, number one, it was a graphical user interface which copy serve barely was at that point. And everybody was using Macs with with a gooey and then windows ninety. Five was a big deal of a graphical user interface that actually worked unlike windows three before it. So everybody was used to point and click in CompuServe was not friendly to point and click. They will attack thing because come was running on a mate, how many it was still running on that same platform, mainframe time, sharing. On a mainframe. The point about a mainframe was big expensive computer in his own room and mainframes were very good running thaw st- kind of pre keyed instructions. So time sharing came about because they recognize the most of the time, and it's still the same with occupy sedates have on this, but we just don't notice it most. It's on the computers. Sat there waiting for you to say to tell it to do something, and certainly the old systems that didn't do background processing will like that. And so to make best use of the investment get the if you put a few hundred thousand dollars into a centralized computer server is first of all you have as many terminals as you could around whatever your organization was, whether it was a college university or or a company. So that as many people as possible could use the computer ones. And basically every time they kind of sent keyed up some shots that hit send the mainframe would process those instructions on this stock and then send the results back out to them. So. You could make money by affectively encouraging more people to council that system because you could charge them for the time they were connected. And so that's way CompuServe came from is saying, well, why don't we out to the general customer and let them dial into our mainframe system and we'll set stuff up with the moment. Whereas I yo l have the voltage that it was being sets off the internet had been invented. So they became just a front end to the internet where they added value and they took a lot of the the techie scariness away from using the internet. The first. The first though that's out in the mid that came because. Because that was there..
"compuserve" Discussed on TechFan
"I don't have to have both dry base powered up at the same time. If I don't want to. Worst. Great. And you know, I I had the precursor to this, the newer tech, Voyager dot. They still sell those as well. Those are only like thirty bucks, but it's, I don't know. I like the new one. It's an, of course, the Voyager doc is one hard-drive net too. Yeah. So obviously you can only have one thing plugged in there to time, but my whole media server is just a bare hard-drive sticking out of the thing. I like it. I like it a lot. It's one of my favorite product, so make sure you guys check out the October fest. We're gonna put a link at tech vampire dot com as well as my MAC dot com. In the show notes. And of course, if you're there on the show notes looking, hey, send us some feedback. We'd love to have it. We'd love to read it right here on the show. Let us know what you think about the subjects we've covered so far. Do you believe Bloomberg do you believe apple in Amazon? What do you think about the whole? Can't upgrade your hardware argument? Let us know the show at tech fan, podcasts dot com. David. Let's get into some fun stuff here. We missed it last week, our Wicky trolling. We've got it this week and we're looking at CompuServe. Now, did you have any experience because this was kind of a North American thing? Well, I'd heard of CompuServe. We had different different companies here that that became conduct the the big equivalents CompuServe in the UK, but they will basically based on the same audio. I mean, this was this was before the internet really was thing and to to be able to use a modem twenty share information in the computer. You needed to go to a central place where everybody was, and that's what CompuServe halls. It was a big effectively of big mainframe. The would you would with loads of phone lines on it and you would dial in and for princely sum of what was it five dollars an hour or something like that. You could use their services and they had loads of different chat rooms and Email systems and message boards and software download pages and effectively. It was like a mini internet based around one. Company, and this was the first thing that you if you ever got a modem and started trying to get your phone, your computer online, you would pluck the modem into your computer depending on the type of modem you had. You would either pick up your telephone handset and stick it into a rubber coupla only on the front of the modem or later on they, they just became directly into the phone line. And you would take the phone line over no gifts could use the phone in the dialing to this company. And I hope that they had a local phone number feces rather than dig a long distance. Cool. And then when you're online, you, would you know the way I used to use use them here as you would you would you would upload your messages. You would download some new messages. You might go to a room and see what was what was going on in there, and then you might download a few bits of showers and then you get off the phone line and you had done. So CompuServe started, believe it or not. As part of an insurance company way back in nineteen sixty nine. That's kind of crazy. When you think about it. The goal of the business, if you will, to fold to provide in house computer processing, support for golden life insurance, and the golden United life insurance and to develop an independent business and the computer time sharing industry by running time on its PDP ten mid range computers during business hours..
"compuserve" Discussed on TechFan
"But that's not where it started. This is an effect of a long held policy and belief within apple that you should not be allowed to repair your machine yourself without apple getting their cut. That's what it's about. Apple's been like that for a very long time. They were like that before I got to max specialists and they sure as hell was that way. When I left mex- specialist fact, they were really starting to crack down even harder. From business perspective, when I was at Maxine lists that meant I had to buy a hard drive from apple, and I had a five percent markup feed put in this computer, whereas I can get the same hard-drive without the apple sticker on it through a vendor. Like I dunno Ingram micro. And I could have a fifty percent markup and it would still be cheaper by half for the customer couldn't do it. We did and said to hell with apple. Because you're making no money. Apple was squeezing so tight trying to put us out of business. That's the only way we could stay afloat. That's not my opinion. That's fact. So I'm not there. They are very anti right to repair. Acidly entira. Right? I'm not. I'm not disputing that. All. You know, completely buy into your experiences. And I think most companies given opportunity they could effectively DRM repairs than they would do you get away with it? The right to repairs is a bigger subject than most listeners right now. Probably even get credit for you should absolutely have the right to repair your property hustles fighting the same thing right now because tesla doesn't give you the ability or the privilege of repairing your own testing. Let's face it. This has been a longstanding problem for any company that makes big complex products that's not just let in the car industry for many, many years. They would basically threatened to invalidate your warranty if you had to the pulse you repair. Yeah. And it's only recently that the legislation's come in the basically prevents them from doing that. I'm the right to repair laws..
"compuserve" Discussed on TechFan
"Somebody would have done that to those Civis and eventually they might come out. And say, yeah, I remember that Tom was also pulled faulty Civis from Apple's Ice Center. And I said, what do these full Dooley's full these things? What brand new on I was told don't ask any questions just get it right. And so everybody that was involved in this at apple at the time, everyone of them are still working for apple, even though we know they have a pretty high turnover rate, especially with engineers, none of them have got another job. None of them are disgruntled. None of them are gonna come on, doesn't make any sense. I totally agree. I think Bloomberg got this wrong, and I think this is. I think I think they're still a story here somewhere. I just I can't fathom without knowing all the facts where the the story went wrong. It's it's an odd one. Isn't it to have such a big story, a hundred percent refuted by the companies like this. Yeah, I can't remember something of this magnitude happening before. No. Interestingly enough, I'm looking at the most read stories that pop up on the sidebar next to this refutation here and the thought one is the actual story. The CAC statements from Amazon Apple, then store number two stock slide on treasury yield worries. Take routes, markets ramp stuck, three treasuries drop on job. Status stocks for trademark is ram. Okay. Find there's a salting shifts sampling big. But number four is interesting. Asia tech stocks hit fifty month low on US China tension. And then number five, Amazon warehouse workers lose bonuses, stock Ables for raises. That's kind of what else referring to. If if it was just apple, yeah, or if it was just Amazon, I would have doubts but, but I, you know, the problem is, is that is that right? Maybe this is just conspiracy theory rising here, but you have to immediately when this. With something like this happens in his bogus. You sought thinking who has something to benefit right equal election coming up and the idea of. Tensions between the US and China is very much a justification for the current administration's gender tools to try and that sort of thing. So having a story, this come suddenly appear a couple of weeks before the election because, oh, yeah, see all those. All those trade barriers that that President Trump's is juice. See what China's not to see how the good thing. You see what I'm going to see. One of main this. Perhaps the whole story could be a plant that's about reinforcing the fact that we don't like China and I'll go in the White House is is standing up for us against China because that tricky. Got to wonder. Now, of course, I'm not saying that I have any confidence that that is the actual truth on just saying it could be the truth could be a reason and it wouldn't. You know, in today's environment, it wouldn't be particular surprise because we all know the facts are fluid thing, and in reliance on truth is in short supply in the us sites. The moment. So the next story. Little depressing. Yeah. 'cause that wasn't depressing enough, but less. Apple has this custom t. to chip in the new. I MAC pro and macbook pro twenty eighteen models obstensibly now I'll break it down real simple. You get one of those machines. Something goes wrong. You wanna fix it yourself where you want to take it to the local guy. 'cause there's no apple store or even authorise apple store in your area at all couple of hours away. That's the case with me. So I'm pretty tech savvy person. So I cracked my machine open, replace the part. I put it back together and it's dead. It doesn't fix it. Why? Because this chip has to phone home using custom apple software. The only apple in authorize apple repair centers have access to. To turn it back on if you will to to let it work. So you do a repair and Nope, you can't do it. You can't do that repair. Yeah. I, I can understand the tiny this the obstacle will refer was that she didn't catch it and this affects the pro and then the latest round of macbook pro laptops that UC's t to chips. Now knowing something about the security architecture, these machines, it doesn't surprise me..
"compuserve" Discussed on TechFan
"There is a single attributed source. Well, I don't mind anonymous sources. You know, that is a hallmark of journalism. You're gonna get people that want to tell you the truth before, whatever reason they can't be dented. I get that, but this hundreds of people can't be identified hundreds. Yeah, I, it's it's hall to find the fact that you could get nobody to say anything a toll on the record about this even just generally like, well, without confirming specifically story. We know this thing happens. We have experience of it happening before and they don't have a quite law on the story, but would Bloomberg of all places a pretty reputable source of information and news with very good reporters, would they really put themselves on. Way out like this by standing up for a story. I'm not sure that blame is path is PAT's reputable as they used to be, but this is a big deal. This is while this is a big corporations in America flat out saying, this is not true and Bloomberg and yes, it is. That's a big deal. You want to spend that that that is a big deal. And I, I find it hard to believe that. Journalistic site like Bloomberg would stand behind a story if they know for a fact, it's not true. Yeah, this is this is the, this is the tough one of is, you know, everybody's is points the finger. Everybody else in saying that the, you know the details of this all completely awfully wrong. We'll let me ask your gut reaction. Do you believe Bloomberg or do you believe apple Amazon. The difficulty is is kind of believable, three of them do. I believe that Chinese access to the sole thing, whether they be state sponsored, whether they be. Effectively, bribery of officials for somebody who's interested in doing this. So without without ascribing the particular motivation to behind doing this, do I believe that it's possible that a malicious actor could get either software or hardware and the Chinese production line for some equipment. Yes, I'll believe that could happen on that belief. They probably has happened. Thing? I think we we reasonably sure they has happened in the Palestinians software. I think with hauled rates will difficult, but can it be done? Is it feasible that it could be done? Yes, absolutely. Many suppliers for these chips that all these different manufacturers in China US. So I don't. I don't think that could it happen. I would say that, yeah, this thing probably has happened, but that's not. That's not what I'm talking about on this ice. Do I agree? Do I believe the specifics of the story that Amazon and apple in particular as nine in the story will hoodwinked into using these computers with these chips in. On the basis of their reputation of the story? No, I don't believe that. I, you know, apple and Amazon are publicly traded company. This is the sole thing that could affect stock prices, not saw stuff. They will be absolutely one hundred percent certain that their statements are correct. And with really the Wooding is so unambiguous, there is no recovery this, no, the statements that both made. It's a flat out denial. It's a flat out. This is not true, and that is. Pretty powerful. It's not only another. It's both long statements. Both of them have nightlong statements, so it's not just like, you know, no, we have no knowledge of this will not do not believe this ever happened. They, they have gone to the trouble of being specific about about. That denying any knowledge of this denying that it happened, denying the details of the story as presented and also deny so far as to call out particular things in the story that is not true and also going as far as saying, I'm where we ever to have have found. This'll think going on, we would have been open and transparent about it, and we certainly will not have hushed it up. Well, I agree with that when it comes to apple. I don't think I believe that with Amazon, Amazon continuously does very shady things including allowing as we talked about it and Ozzy him counterfeit products and stuff like that for many, many years. It's well known fact at this point that Amazon not only condones that seems to be encouraging it. So. You know if it was just Amazon responding and apple didn't say anything. I have to be honest, I would probably side with Bloomberg. I really would, but that's not the case here I agree with you..
The Chinese Motherboard Hack Is a Crisis
"Yet the Chinese. The t. l. r. is Chinese Chinese hacks, major American corporate at companies. The problem is both of those companies have come out in the most robust terms possible and said, no, this is not true. Not on these. Not leasing not true. We've been telling Bloomberg when they've also comments on this that is absolutely not true that their facts wrong that their timelines wrong, that their statements about what we were using service from supermarket for our wrong. Basically, every single fact in the story is run. Apple even went so far to say, and we are not under a gag order yet there is no. It's all be us is what apple saying. Yep. And on this, we can be very clear. Apple has never found militia chips, hardware manipulation or vulnerabilities purposely planted in any server. Apple never had any contact with FBI or any other agency about such an instance. We are not aware of any investigation by the f. b. i. nor our contacts in law enforcement. So you can't get more strenuously denial from a company. And this is a publicly traded company. This is reknown renowned for for the most part, being straightforward when it comes to stuff like this and just if you think, oh, we Cape, but that's a payout
"compuserve" Discussed on No Agenda
"I thought it was of i didn't know that that's where it started i think i knew that so that's so it really started before the internet because probably a lot going on before the internet and it was there of course but it was you know this is one the internet wasn't there till sixty nine and that was really not much of an internet the internet really started really getting on on hinged until but eighty eighty nine oh yes no it was little later than that because well eighty nine is when burners invented the web and then it's took off took off in ninety three but in the the prodigy web service that was at the same time when i registered mtv dot com mtv's said go ahead we don't care we have the aol keyword yes we're still find fun i mean apple made the same mistake what they had there's e world think much oh my goodness forgot about that we didn't they have apple link i think appaling was something on compuserve rap no appaling it was its own but e world was going to be the thing and they were given here's i told you before mentality remember the story i like writing about it so i've written about before this was about ninety three this is when everyone i are pundits out this at all the internet's going to go nowhere this win the world this is as the world wide web emerged and you'd hear people say and i can name these gate some of these guys all the internet's going to go anywhere aol will take over everything aol take and they do well promotion the time was outrageous it was going to the internet's got can't hold a candle to a o l keywords has been in business longer it has more users and on and on and then apple and a couple other people decided there's different versions of this.
"compuserve" Discussed on KARN 102.9
"And there was some kind of a penalty for doing it we were looking at two this week talking about the death of aol and instant messenger something else that died this year was compuserve forums and day went dark on december fifteen th and a lot of people who were out there in the early days of the internet in the early days of uh you might say social media views the copy sir forums to discuss all kinds of things from tack to you name it and today were of course they're now owned compuserve aol or all under the horizon company name of of which also now has yahoo lutz those were all together of course we talked about net neutrality and other thing that died this year in two thousand seventeen in the world attack so there were several things in your you'd expect these things to happen the ipod nanno and the show several both have been killed if you will they were mp three players apple said they would kill their last two standalone ipods both the nanno into shuffle so those are gone google spaces was supposed to be the messaging app that would take small groups get them organized but things like slack in that we've talked about on the show and other things have killed it and it is amazing when you think about someone with googles power and connective it and not could not make that fly or work we also had wunderlist word flowing group music the some of you may not have heard of these things but at some point they all had their place they all had market share they were all being talked about wunderlist.
"compuserve" Discussed on Daily Tech News Show
"Clearly tech new show is powered by you to find out more ahead to delay tech new showed dot com slash supports this is the daily tech news four tuesday november 14th 2017 from de tunis headquarters in los angeles santa merit and vans duty athena line at the beach i'm sarah lane and from the helsinki offices i'm patrick vic and with us of course is our producer roger chang deep below northern los angeles moscow to that high roger hello i want to make it sound like you were to bat cave or something but i wish just fell apart we are going to talk about why e a has the most down voted comment ever on reddit and the answer is not just because people are angry although that's part of a renter why they're angry let's start however with a few took things you should know google is introducing support for the broadcast feature to google home users that's the one that you broadcast a message over all your google home devices using it like an intercom some amazon echo can also do broadcast is rolling out this week in english in the uk australia canada and the united states guys we have a death to announce that the sorts anyway horizons oath which is the combined aol yonglu company that that put together earlier this year announced that the last vestiges of confused served forums will be shut down december fifteen compuserve was launched in the 1980s and of choir by air well back in our member 1998 to cobb you serve poorer put pour out a little kalusha poor of a little whatever the drank a 1998 it wasn't completda.
"compuserve" Discussed on Monocle 24: The Entrepreneurs
"I don't want to be faceless i won't people to want to make i gomez right and i wanna make longlasting things i want to make things have some integrity and honest and i think i have to be that now compuserve day because i can run the business if we do not but i need to visit them often to make show the it's the right place for us not necessary to police them because we wouldn't be that know one visit tells you fits the rial wrong place for show but i want to show them that it matters to us that they do a good job and that it's the right place for us and that we care we care about the product hugely because it's all about the product always fascinated how people find factories casinos as outsider at it seems like it's this opaque jerry any of finding a factory is a mostly word of mouth mieno guy another guy and he can make some good close via bazaar yet razor has luckily factories that the world i know i mean i get gugel in a uh yeah you can you can did this love otherwise nowadays i got an email almost daily from someone citing really wanna make up some tshirts than can you help me on if i can i do i now by so fail is eleven responsibility of if i pass on the name of a factory tease for you to make you will shirts if you open a go then try might five shirts and be a pain in the office i'm not doing the factory if abe and lots of my friends who work in the serie will say just found this great shot fact tragedy found this great she micha so people will put you on to other people and i'm try very hard to be the first person to give away as much information as possible because it always comes back for your he will was get more than you give.
"compuserve" Discussed on Acquired
"So again we're going back to the 80s it's not till the early nineties when they cut a tie themselves to microsoft and windows that they sort of leap to the head of the pact there's a whole pack here there's compuserve there's genie there's prodigy there's all these an and compuserve as on compuserve it's my dad was a beta tester for compuserve and for aol so he's got free accounts and i remember being on compuserve and thinking it was better but i my understanding is that it was like only sort of four the super internet savvy nerds and aol was much better reaching the massmarket does that does that feel like sort of why aol one their 100 percent oil had the derogatory or pejorative name of training wheels for the internet but they actually embrace that and it makes sense i mean i've said on the show like you know a lot of people's first email was was a oh well in a time when you you didn't have email unless you're at a college or or at work or something like that but also a oil train people how to live online like they gave you a screen name and you went into the chat rooms and you did thirty sexchat and things like that and uh you could create an online identity like and and and this is what we should talk about what ails business was you know they eventually basically made their money by allowing people onto the web but they were also trying to cure eight the web and create this online experience that would like handheld handhold people into it.