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Bankless

148 - This is How Crypto Fixes the Internet | Antonio García Martínez

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 12 December 2022

⏱️ 82 minutes

🧾️ Download transcript

Summary

✨ DEBRIEF | Unpacking the Episode:
https://shows.banklesshq.com/p/debrief-antonio 

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📣 Opolis | Get 1000 $WORK and 1000 $BANK 
https://bankless.cc/opolis  

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🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/?utm_source=banklessshowsyt 
🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/ 

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BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum 

❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across 

🦁 BRAVE | THE BROWSER NATIVE WALLET
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⚡️FUEL | THE MODULAR EXECUTION LAYER
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Topics Covered

0:00 Intro
6:00 Antonio Garcia Martinez
9:25 AdGrok
14:00 Paying for the Internet
19:50 How Advertising Works
29:10 Facebook Culture
36:30 The Attention Squeeze
41:00 The Double-Edged Sword
48:20 Free Speech
58:00 Digital Identity
1:03:00 Owning Web3 Data
1:07:45 Web3 Today
1:16:20 Growth in Crypto
1:21:15 Antonio in 2022
1:24:45 The Web3 Ad Model
1:27:15 Closing

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Resources:

Antonio García Martínez
https://twitter.com/antoniogm 

Spindl
https://twitter.com/spindl_xyz 

The right to never be forgotten
https://www.thepullrequest.com/p/the-right-to-never-be-forgotten 

Why Spindle(e)?
https://blog.spindl.xyz/p/why-spindle?utm_source=profile&utm_medium=reader2 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures 

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Bankless, where we explore the frontier of internet money and internet finance.

0:11.4

This is how to get started, how to get better, how to front-run the opportunity.

0:15.5

This is Ryan Sean Adams.

0:16.5

I'm here with David Hoffman and we're here to help you become more bankless.

0:21.2

Antonio Garcia Martinez is on the podcast and this guy has been around the block Facebook,

0:27.1

Twitter, Apple.

0:28.5

He's seen it all.

0:29.8

He knows the internet.

0:31.0

We talk about his journey, why the internet is boring, and why it's broken, and how to

0:34.7

fix it.

0:35.7

A few things to look for in today's episode.

0:37.8

Number one, he actually defines what an internet ad is.

0:40.8

It was surprisingly useful to me.

0:42.4

A unit of your attention sold at the highest bidder.

0:44.9

We get into that definition, what it means.

0:47.3

He also says, for the good and the bad, advertisers were the ones who paid for the internet.

0:53.0

We talk about what this means.

0:54.8

We talk about the flaws and also the benefits.

0:57.6

We also talk about why Antonio thinks NFT drops are actually ads.

1:02.4

Lastly, we talk about attribution and how attribution on Web3 can help us win against big Silicon

1:09.6

Valley and the big banks.

1:12.1

David, Antonio is just a lot of fun to talk to.

...

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