Psychedelics Today Brian Normand - CryptoPsychedelic
May 3, 2018
01:14:11
Download During this episode of Psychedelics Today, your host Joe Moore interviews Brian Normand of Psymposia and coordinator of the Cryptopsychedelic Conference.
- Banks are devaluing currency by charging high fees.
- With block chain, you've got to think in the long-term.
- There's so much going on with crypto, you can't keep up.
- What blockchain developer wants to go work for Facebook?
- Joe and Brian discuss the CryptoPsychedelic Conference the took place in Tulum, Mexico.
- What is blockchain?
- A next-gen decentralized ledger.
- A peer-to-peer border-less, institution-less payment system.
- Money will be one of the first users of blockchain.
- Banks are devaluing currency by charging high fees.
- The whole concept of money will transform, it will be a border-less thing.
- When Napster came out, peer to peer transfer became a very popular technology.
- When the record companies worried about being irrelevant, they sued.
- There could be something like Spotify that pays artists more fairly than Spotify currently does.
- Social media could be rebuilt.
- We could no longer be the product being sold, but get paid for our contributions.
- Could crypto be used to trace the history and purity of substances?
- Yes, that's a definite use case.
- The first voting on a block chain happened in Sierra Leone.
- You've got to think in the long term.
- What were some of the more interesting things that came out of the CryptoPsychedelic conference?
- Some of the new relationships and seeing the potential collaboration between the two communities.
- Projects in this space need to be taken on.
- It was a time to question, not really a time for answers.
- Watch the movie 2001 a Space Odyssey in one sitting.
- Every time you watch it you come away with a new experience.
- Cryptocurrencies are border-less, some have minimal fees, and it's instant.
- Decentralized systems
- Information is easier to access, it doesn't have to climb up a ladder.
- The DAO is the Decentralized Autonomous Organization – there is no hierarchy.
- Government could eventually be run via blockchain.
- How could we use the internet to further the message of psychedelics?
- Before the internet, the only way you were exposed to information was top down.
- Networks, authority institutions.
- Because of the internet, information is moving more horizontally.
- How do you change incentive structures in the drug war? Could it be these new technologies?
- Before the internet, the only way you were exposed to information was top down.
- The rate of innovation now is way faster than it was when the internet was first coming out.
- You cannot keep up with what's going on, there's too much going on.
- Look at money as a tool or form of energy.
- Crypto will change everyone's concept of paying taxes.
- Air BnB cut the cities completely out of the picture.
- Taxes and healthcare or both extremely important and impossible for people to understand.
- Internet privacy is a big deal in crypto and psychedelics alike.
- Brian doesn't think that Facebook will ultimately make it.
- Developers want to build new tools to take down the giants like Facebook.
- Recently, Facebook announced a decline in users.
- What can you do to reverse becoming "uncool"?
- Reddit's price per impression is much lower.
- Steemit has a fascinating model.
- It would be cool if you could be compensated for putting helpful content online.
- We assume that the way the internet is now is how it's always going to be.
- How can we use the tool to help the people whose lives aren't privileged like ours?
- In a lot of refugee camps, you can't have cash, so crypto is huge for them.
- What happens when people who are impoverished around the world can now crowdfund?