BREAKDOWN: A Vision for Digital Property Rights, Feat. Nic Carter
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 10 June 2020
⏱️ 35 minutes
🧾️ Download transcript
Summary
Most people today look at social platforms like any other private company, but what if we saw them as alternative jurisdictions with a new set of property rights?
This episode is sponsored by Bitstamp and Ciphertrace.
Today on the Brief:
- A record week for peer-to-peer exchanges in the developing world
- A digital dollar gets discussed in Congress
- Previewing the Federal Reserve’s FOMC guidance
Our main topic: A brainstorm on digital property rights
Here’s a radical idea. What if by virtue of the fact that you had put so much time and effort into building a following on social media and filling that following with content you had legal claim to and distinct property rights around your corner of social media platforms?
It’s wild in the context of today’s terms of service, but has significant legal precedent in the world of physical land.
In this new type of deep-dive 20-minute episode we’re calling a “Breakdown Brainstorm,” Castle Island Ventures investor Nic Carter looks at:
- The two schools of thought around digital property rights
- The historical precedent for squatter’s rights
- What the specific example of the USA’s Westward Expansion can teach us
- Why this type of approach can be highly economically generative, according to economists like De Soto
- How John Locke’s theories provide a moral basis for the argument
- Why today’s platforms are akin to anti-democratic feudal lords
- How bitcoin provides a model and a mechanism for digital rights enforced on the protocol level rather than by a state or other external actor
Find our guest online:
Twitter: @nic__carter
Website: niccarter.info
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. |
| 0:53.8 | Welcome back to the breakdown, an everyday analysis breaking down the most important stories in Bitcoin, crypto, and beyond. |
| 1:03.2 | This episode is sponsored by BitStamp and Cipher Trace. |
| 1:07.5 | The breakdown is produced and distributed by Coin Desk. |
| 1:12.6 | And now, here's your host, NLW. |
| 1:17.8 | Welcome back to The Breakdown. |
| 1:19.9 | It is Wednesday, June 10th, and today we are introducing another new format experiment, |
| 1:25.5 | and this one I'm really excited about guys. I'm calling it for |
| 1:28.7 | now Breakdown Brainstorms. And here's where it came from. Every once in a while, I'll see |
| 1:33.8 | someone share an idea, a specific idea that I think is really fascinating and really important |
| 1:39.5 | and worth more exploration. This recently happened with Nick Carter when he tweeted out basically a thread |
| 1:45.5 | about digital property rights and why Squatters' rights effectively might apply to your social media, |
| 1:53.0 | why you should actually have legal claim or property claim over the social media profiles |
... |
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