The block chain is famously immutable, fancy word for you can't change it. Not being able to change a data base that's public is kind of narly and horrible right? Wood if somebody posted something illegal there, or your password, your address, or something even worse. So an immutable block chain, another way of saying a non changeable data base, is a terrible thing and incredibly inefficient in 99 % of use cases. But having this immutable block chain does allow some benefits. Everybody knows who owns something,. everybody who knows who sold it and when they sold. You get the idea. This is basely a collection of beautiful art. It actually speaks to me. I think it
First Jason covers the $19M Bored Ape Yacht Club bid on Sotheby's & the Loot NFT collection launched by a Vine co-founder (1:42), and briefly covers Tether being banned from Canadian exchanges (11:07). Then serial founder and investor Joe Lonsdale joins (19:53) to discuss his companies (Palantir, Addepar, OpenGov), his new podcast "American Optimist," what regulations need to be fixed in the US, China's bold moves & more.