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#542: Chris Dixon and Naval Ravikant — The Wonders of Web3, How to Pick the Right Hill to Climb, Finding the Right Amount of Crypto Regulation, Friends with Benefits, and the Untapped Potential of NFTs

The Tim Ferriss Show

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Is There a Smart Contract?

With a smart contract, you can set in advance certain things that happen automatically. Instead of middle men who are kind of taking lion's share of profits, it's all done automatically. They don't have to trust some agent or a broker or a rep or a curator to pay them. It's all on the block chance. And so i just want to give that example and wonder if either of you would like to elaborate on any aspect of that,.

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