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Taking Back Your Attention & Generating a Market for it w/ VIDA

John Vallis - Bitcoin Rapid-Fire
10.6K subscribers
215 views 2 years ago
Most people in the world don't yet realize that the internet is currently entering a new era. Thanks to the capabilities of bitcoin and the lightning network, a seamless, frictionless, value transfer layer is coming to our online actions and interactions, in what has recently become known as the 'Value Enabled Web'. Now, money can flow as fast as information, which in addition to opening up many interesting possibilities for combatting some of the internets most persistent and disruptive problems (like spam / bots), also brings the possibility for the pricing mechanism, indeed the most efficient pricing mechanism of all time, to be applied to all activities in cyberspace. Prices, of course, are what best mediate supply and demand, what best manage scarcity, and what best permits value to emerge and be integrated into market decisions. What Lyle and his team at VIDA are attempting to do, is develop an interface which helps people to interact w …...more
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Taking Back Your Attention & Generating a Market for it w/ VIDA
8Likes
215Views
2022Dec 22
Most people in the world don't yet realize that the internet is currently entering a new era. Thanks to the capabilities of bitcoin and the lightning network, a seamless, frictionless, value transfer layer is coming to our online actions and interactions, in what has recently become known as the 'Value Enabled Web'. Now, money can flow as fast as information, which in addition to opening up many interesting possibilities for combatting some of the internets most persistent and disruptive problems (like spam / bots), also brings the possibility for the pricing mechanism, indeed the most efficient pricing mechanism of all time, to be applied to all activities in cyberspace. Prices, of course, are what best mediate supply and demand, what best manage scarcity, and what best permits value to emerge and be integrated into market decisions. What Lyle and his team at VIDA are attempting to do, is develop an interface which helps people to interact with others online, and to set their own price and terms for doing so. While it's still early days, it's already easy to see how impactful of a shift this could represent. In this episode, we use VIDA to record our conversation, while simultaneously live-streaming it to Twitter (and setting our fee for people to drop in and send us a message). It's still early days, and there are bound to be lots of kinks to work out (it seems the audio/video sometimes went out of sink in this recording), but it's clear that the Value Enabled Web is coming and represents innumerable possibilities for improving the quality of our interactions both on and offline. Enjoy! -- More from Lyle: TWITTER:   / lylepratt   VIDA: https://vida.page/lylepratt More from me: TWITTER: http://bit.ly/2P7PUjA YOUTUBE: https://bit.ly/3aBbZxg MEDIUM: http://bit.ly/2Zk0Dex SUBSTACK: https://bit.ly/3MHsfPO VIDA: https://vida.page/johnkvallis LIGHTNING ADRESS: bitcoinrapidfire@getalby.com To buy Bitcoin in the US with zero-fees, purchase hosted mining rigs, and access their Lightning Services platform for developers, visit http://partner.river.com/RapidFire Once you buy bitcoin, taking custody of it is extremely important, if you want to maximize the benefit of this unique asset. The Coldcard hardware wallet is one of the most popular and trusted devices for doing just that. Buy one, and learn more about the great features of this wallet, as well as all their other awesome products, at https://coinkite.com The Bitcoin 2023 Conference is going down May 18-20 in Miami. Visit https://b.tc/conference/bitcoin2023#t... and use the promo code 'VALLIS' for 10% off the biggest bitcoin conference in history! See you there! -- Timestamps 00:00 - Intro 04:00 - Founding VIDA 12:40 - Anonymity? 14:40 - A ‘Market Price’ For Your Time 19:20 - Iterating Quickly & Providing Valuable Tool 24:25 - Changing the Incentives for Live-streaming 26:45 - Most Popular Service So Far 29:00 - The Power of Efficiently Pricing Attention 47:30 - Custodial vs Non-Custodial 1:01:15 - Browsing Offers For Your Attention 1:06:18 - How to Prioritize Feature Building 1:13:36 - Podcasting 2.0 & ‘Value 4 Value’ 1:20:20 - Closing

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John Vallis - Bitcoin Rapid-Fire

10.6K subscribers