Bueno, buenas, Luis por aquí, nada rapidito. Esto es un episodio exclusivo del Patreon. Vamos a tener una conversación, básicamente explicar el caso en contra de las criptomonedas en general y de Bitcoin en particular. Estamos hablando con un invitado que se llama David Troy. Voy a hacer la introducción ahora, porque no polimos, ya le entrevistamos que de Brutal, bruta, le pese yo quedo cabrón, pero

obviamente para no poner tiempo que

le he invitado que es un tipo

bastante ocupado, pues dejamos la

parte de la introducción y sobre la afiafir principio. Yo conocí a Dave Troy en el 2014 en Puerto Rico, en un taxómit que organizó y en Carlos González cuando era, si hay otro del gobierno, y pues nada, no y hicimos amigos en ese textual y dici hizo una presentación de el ecosistema de Twitter el emporto rico una un mapa que lo presentó tan cábano y nunca he visto algo como eso que me voló la cabeza y de hecho si estoy alguna vez en su vida ha visto una presentación mía de cómo usar el internet y la mejoré práctica probablemente ha visto unos mapas que hizo Dave Troy ese momento. Pues el entro en mi network de personas a mi facebook yo siempre lo he leído y lo a miro y sigo todo lo que hace. El tiempo en Bacharate yo hop quien sí que sí, pero siempre ha estado involucrando tecnología. Y ahí es un lo que me dicen Silicon Valley, un serial de trepenura ahora mismo es el presidente si yo he fundado lo empresa que se llama Forch in Labs, 4-10 Labs, que básicamente es una empresa que crea productos y editito producto y la ido muy bien, casi todos los productos que tiene esto,

son un paracenas de ingles, etcétera.

Adicional a eso, el ha trabajado en TED.

Tiene un TED talk, de hecho, que le voy a poner en la suscripción, en la descripción.

Pues si quieren verlo y pues llevó a los últimos años, yo diría como sé, yo siete años escribiendo estudiando y publicando al pículo de entrevistas sobre la aumento de la autoritarismo del mundo, el tema ruso y llevaba ya a padre tiempo, escribiendo específicamente sobre las criptomonedas y el bicho en yes dentro de mis redes de personas que yo sigo leo escucho y admiro el único realmente que ha llevado una campaña dura encontrada de las criptomonedas y me parece interesante sobre todo el momento que vivimos no solo a nivel global con el precio del bicho en calléndose o subiendo, depende de qué momento estés viendo, estés escuchando este podcast, pero también omente por lo rico que parece que estamos siendo invadidos por los crypto pros, así que nada, ese Dave Troy y ese nos terminó en este Patreon. Espero que se lo disfruten y

recuerda que si lo está escuchando la versión gratis y que escuchará el programa completo,

Patreon.com y ahora nos vemos en el cuestaos que va a el problema. Nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nih, puesto por el problema, pero es un día a la alquísima oloy, sí, pero eso, eso es algo mañana, eso es algo mañana. Sí, ver. Hoy, más a meterla al dificultad.

El dificultad, sí. Hemos anticipado que a más a meterla en un momento está interesantísimo. Y pues, yo la voy a meterla en inglés, de carbón en escúl. Y luego le voy a meterla en inglés. ¿Te está pensando? Sí, sí. Así que, ya, today for our listeners on our podcast, right? Well, on our Patreon, for the people I've been, yeah. The people that have my millions with crypto, now you've got to lose some of those millions and pay the Patreon subscription. Get on it. Get on it. Yeah. Yeah. So we're gonna talk about Quipto, we're gonna talk about, you know, Twitter spaces, media, new media. And, you know, some kind of stuff is interesting. So I welcome David Tori. Thanks David. Welcome to Pato Papparalema.

Yeah, glad to be here. Thanks for having me. So before we start the interview, I recorded a brief introduction on who David is and how we met and what he specialized on. So we're not going to go through that all over. But basically, at least in my network, Davis, the leading spokesperson for the case against crypto. No, and it's not necessarily a case against the technology per se, but mostly about the ideology behind it. So I think he has a very insightful and different perspective that the dominant one right now. And I think it's interesting to bring him at the start of 2022 when maybe the pandemic will end, when maybe a new conflict between Russia and the West will start. And when crypto is taking huge losses, I mean, they have taken losses before. But so basically we decided it would be a nice change of pace for what's happening every day down here in the island and also to give you a different side of things because there's a lot of activity around crypto not only in the intern aborts, especially in Puerto Rico. And so yeah, thank you for being here, David. Yeah, totally glad to spend some time with you guys. OK, so let's start at the beginning and just for those who haven't, who have been living on their rock for the last five years, what is cryptocurrency? And how did it begin? Yeah, so cryptocurrency is a payment. You know, some folks might call it kind of a digital cash. And the main idea behind it is that it's a way for recording the, you know, transfer of value and, you know, the amounts that people have in their digital wallets without requiring a central bank. You don't need like a, you know, a central authority to do this. So you can actually send money from one entity to another.

And it gets recorded on what's called a blockchain. and the blockchain reaches consensus about this transaction

and then it's recorded for all time.

And all of the participants in this blockchain network,

which are many, record this transaction

and it's recorded for all time. And all of the participants in this blockchain network, which are many, record this transaction and it's immutable. And that creates this really kind of interesting opportunity to think about new ways of dealing with money, but without having to deal with regular banks. So this idea started percolating back in the 80s and 90s, and people in the cryptography world had different ideas about how to implement this. Okay. You know, there were a lot of different, you know, like the cipher punks. Yeah, it feels like I'm the old people. So no, it's on the old. Yeah, exactly. You know, people from that kind of milieu out in the West Coast were We're thinking a lot about different ways to do this. And so in 1997, there was a book that was published.

I... you know, people from that kind of milieu out in the West Coast were thinking a lot about different ways to do this. And so in 1997 there was a book that was published by two guys, William Riesmog, who was one of the editors of the Times of London and James Dale Davidson, who was a notorious anti-tax libertarian newsletter author among other things. And they wrote this book called the Sovereign Individual. And this book kind of prophesied this idea of digital cash becoming really prominent, especially over the course of the next 20 years. And yeah, you know, this digital cash idea, it really caught the fancy of a few people in particular, notably the founders of PayPal. So you've got Elon Musk, you know, you've got Peter Teal, David Sachs, Rod Martin, all of these people in that network, Reed Hoffman. Maybe let me interrupt you because we, we did dive on Peter Teal's complaint against Gokker, the whole Coggen case. So just the reference are listeners. We did that. I think last year I think it's a pretty exclusive as well. So Peterfield is this billionaire who made his fortune with PayPal and he basically bank role, Hogan's complaint against Gokker and basically'm basically destroyed this drag Gokor. They never recorded. Yeah. Okay. Sorry. Yeah. So he's a really, you know, very intelligent guy who, you know, went to Stanford. He was very notoriously involved with libertarian causes and, you know might be considered counter-cultural type efforts

for the West Coast, being very right-leaning in his orientation. To some extent, he takes these kinds of stances just to be kind of almost be conferian. The recent Max Chaffkin book about Teal called the Contrarian really outlines a lot of of how he thinks about stuff.

And he's a powerful, smart, determined,

and he's a powerful, smart, determined person. The issue kind of is though that he has these really extreme kind of libertarian viewpoints that he's trying to kind of inject into the world. So these guys, when they started PayPal, they, you know, the way that PayPal, you know, they think about like how it started versus how it ended. You know, it started out as, you know, this like idea to like totally rethink currency and the future of money. And it ended up being kind of a way to pay people, you know, page other on PayPal or an eBay, you know, for eBay transactions, you know, which is fine. There's a totally valid use case, and eBay was willing to pay to the money for the company. So quite on home, we now have to think about eBay and the 90s and the world like that. And I think you think about what the scope of their ambition was to replace money, and it ends up being this kind of sort of side show thing for eBay, you know, replace money and it ends up being this kind of like, you know, sort of side show thing for eBay, you know, purchased by, you know, Meg Whitman, you know, you feel like that they didn't fulfill the vision that they had. And so, you know, around 2009, right after the big financial crash in 2008, Bitcoin appears and it's created by this character named Satoshi Nakamoto. No one knows who he is, right? No one knows who it is. There's a lot of speculation. There was a recent lawsuit where a guy named Craig Wright claimed to be him, but you know, no one can really prove that, sort of producing the original keys and nobody's done that. So still unknown, but Peter Teal has gone on the record saying that it was very important that whoever created it be anonymous because if they weren't, they would be arrested. So, you know, it's telling to me that the PayPal network had such a vested interest in producing something like this. And then they're the ones that talk the most about the origins and identity. You hear teal and musk and the rest of them talking about this rather incessently. And so, you know, a lot of people, the smart money, sort of the best guess is that this project was born out of of those guys' efforts. And maybe not by them, but by people that they knew.

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