Going Direct Conversations
00:31:17 · Jordan Wolfe, Ben O’Hanlon
And so I think the reality of it is we just have to build these alternative systems and these decentralized systems that can be just as good as the other ones. Otherwise, I think for me, it's just wishful thinking. [00:31:30] S2: Yeah, I think there's like dark forest theory in the cozy web where the synthetic content and slop is so prevalent. And I think it's like, 50 to 80% of internet activity is bots, according to Cloudflare. If I can find the report in June, it's like 90%. Maybe it was Solana, but 90% of on-chain activity was bots. [00:31:50] S1: Wow.
00:31:51 · Ben O’Hanlon
[00:31:51] S2: So people are going to retreat into this dark forest where it's like in real-life meetups, person, private discord. So actually, I think the value of relational capital and authenticity is going to skyrocket. I think you're right about... You were saying about like the money, the value, the markets, right? Do you remember the quote from Game of Thrones? The guy, what is his name? Varys, the spider, whatever. I never told me. He says, where does power lie? Where does power lie? And it's a trick. It's a sleight of hand. It lies where people believe it lies. So why is Anthropic worth so much money? Why is, you know, because they want to get to IPO, right? But it is people's belief that makes these entities like powerful or be able to orchestrate or coordinate these resources. And there's like a fundamental truth or trick that the mainstream thinking is constantly trying to play on you when you're in state school or if you're in Watching TV. And I was explaining to my son because they talking about Onion in little bit of a song or something. And the point is, it's which way they put the focus, right? There's two roles in the world. There's acted upon. Where you're reactive. Things are happening to you. They are external from yourself. You can't do anything about it. And then there's you are an actor where you are acting upon the world. So then actually you can change everything around your reality. And that idea of mea culpa, which if you take it to an extreme, becomes a superpower. So like everything is my fault and no others. Nobody else's. Even things that aren't. That's my fault too. Everything's my fault. I create the world around me. Because it allows me to become an actor in that world. And I can change what's happening around us. And I think we're constantly taught Through the monetary system, I don't know if you're in America, but like, God, the socialism in England is endemic. Which, by the way, like healthcare, education, don't misunderstand me. Like I'm English, so we are very like that. Of course, I would want to see education in healthcare for people who couldn't afford it. But the gap between these dependents that the state have created and people that want to go out and be about it and create value for the world, Is just so slim because they just keep taxing everybody to the nth degree, which loops back.
00:34:22 · Ben O’Hanlon, Jordan Wolfe
You'll have to bring me back to our point, but let me look back to something else as well. I thought it was very interesting about the monetary supply. There's another dynamic we haven't talked about. There's a book called Democracy, The God That Failed, and that's Hans-Hermann Hoppe. And essentially, there's the governance systems that we're operating in, right? That are just these behemoths will only ever get bigger because the story he goes back to the beginning is you and I grew up with the paradigm was East versus West, right? There was the Americana, Freedom, Steven Spielberg, Empire of the Sun, you know what I mean? [00:35:02] S1: Cold War.
00:35:05 · Ben O’Hanlon
[00:35:05] S2: Loved America, hoorah, you know, even in England, you know. And then there was like, you know, Russia, communism, and there was this real tension. But that dichotomy, he's like, there's actually a third power. There's a third power that we don't think about anymore, right? And the third power was actually, it doesn't have to be left versus right. It doesn't have to be democracy versus fascism or whatever. These are false dichotomies. He's like, the third power is monarchy, right? The third power is private government. And he's not being a monarchist. We're not advocating for... I know I'm English, so you're worried that I'm going to steal the tea or something. I don't know. The Queen's dead anyway. We've got King Charles now. So he's not being a monarchist. He's not arguing for monarchists. What he's saying is, if Jordan's king, he has a legacy and a long-term interest to pass down what he's inherited from... To those that are coming after him, his children. But the problem with our governance systems is it's full of short-term caretakers. So it's like the system is such that it can be bought because if we control the financial monetary supply, these people are only in power for four years. They're never held accountable anyway, right? So it's much easier to buy, right? So the issue is, and don't get me wrong, I do want to maximize freedom, you know? But the governance system as it is with democracy has been totally captured, the whole thing from top to tail. That was kind of important as a background because I'm going to make an important point here. The series really started off as these kind of axioms, which is that tech is an agent of change, like steam and mechanization that will reorganize society. And you can look at like in the north of England, how the commons were enclosed and people had long held rights of sustainability that were taken away because of another idea, which is no interface, no entry. I have to go and find her name, but I did credit her. And the idea is that before steamer mechanization, there was no way to organize those resources or that labor. But with an interface to something, suddenly new possibilities become possible. And so that's the tech is an agent of change. And then we're talking about history here. And then also tech is a conduit for coordination, right?
00:37:29 · Ben O’Hanlon, Jordan Wolfe
So the printing press that standardized information and shared ideas across America and Europe led to the Enlightenment, right? And that's how we got America. [00:37:39] S3: Sure, of course.
00:37:41 · Ben O’Hanlon
[00:37:41] S2: And I think where we're going to go with this is that I think that that was an enlightenment around governance and man's ability to determine his own fate. And I think Web3 is an economic enlightenment and that basically it was built for the agentic internet. And the reason Web3 hasn't happened is prophesied is because we're in the middle of it. We're in the middle of it. So that's the second axiom. The third axiom is technologies and ecology. And I had selection pressures. And so by the time, and I know you can walk us back through to where I should be in the conversation, but the point we're getting to is technologies and ecology and the tools that we create then change us, right? And the selection pressure, I believe, is a counterintelligence revolution in information uncertainty is underway. It's inevitable because the selection pressure is sovereignty. These frontier labs are trying to harvest the intellectual inheritance of humanity. They want to set it back to you on a meter. I'm quoting Sam Altman here, by the way. I'm not just hyperbole, right? And then we're all paying rent. And the problem with this, they can decide when and where we can use that cognition. They can pull the models from us. They can limit how effective or what tokens we're getting at any point. Just the same way as the algorithm on social media. Do you see what I mean? And that's another interesting thing is you look back to these different revolutions like the industrial or the printing press or the internet, and it starts off promising freedom, greater information. Social media, remove the gatekeepers. You can own your own audience. Web3 with Chris Dixon's kind of read-write-own argument, you know. But then you start to see these centralized forces come in and capture, you know, and it's how do we create something that can prevent that, a constitution on a blockchain and immutable laws and this kind of stuff.