# vinay gupta | be you. (part 5 of 8)

> One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [172], part 5 of 8. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/<id>.md. This file's connections are below, then his passages.

## Where this source sits

- Source: document (Web page), 2014-05-22 (publication data), https://redefineschool.com/vinay-gupta/. Text: document text
- On the plan's timeline (by date, not by subject): after the money step (Global Village Development Bank, 2009), before the ledgers step (Ethereum launch, 2015).
- How it fits the plan (the research build's reading): Third-party digest of his talks; index into the plan's ideas.
- Career works it belongs to:
  - Hexayurt (2002): A public-domain disaster shelter made from whole 4x8 building panels with one diagonal cut.
  - Laziness, Impatience and Hubris (2011): Talk at c-base, Berlin: Larry Wall's three virtues of a programmer applied to building, by a hackitect.
  - A little insight into the Gupta Doctrine (2014): His "very conservative vision" for global change: six or maybe eight machines everyone on earth should... (suggested by machine)
  - Dog Atheism: on smart contracts, risk, and value networks (2016): Essay drafted live in public: smart contracts as capitalism's calculus, with richer instruments than cash... (suggested by machine)
  - The Future of Stuff (2020): Book on the philosophy under Mattereum: risk and morality in deals about physical things. (suggested by machine)
- Threads (lines of work through his career) it is part of:
  - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy.
  - STAR-TIDES: The National Defense University project and the papers around it.
  - fiction draws on: The work that fed the fiction.
  - hexayurt builds: Hexayurt variants, many designed and built by the community.
  - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum.
  - nuclear / panflu: Pandemic, evacuation and rehousing plans.
- Ideas developed here: 30-year plan (Hexayurt; target revised upward, now 300 million)
- Topics: Tweets & captured social feeds (39%)
- Distinctive terms here, against the whole archive: Leashless (238 here; 23 sources in all, earliest dated 2009, 1 undated); programmer capitalism (4 here; 2 sources in all, earliest dated 2014); basic income (11 here; 21 sources in all, earliest dated 2014); interoperability (9 here; 17 sources in all, earliest dated 2009); ecocide (4 here; 3 sources in all, earliest dated 2010); basic needs (8 here; 15 sources in all, earliest dated 2006, 2 undated); contracts (49 here; 147 sources in all, earliest dated 2006, 3 undated); equity crowdfunding (7 here; 14 sources in all, earliest dated 2014); smart contracts (31 here; 110 sources in all, earliest dated 2014, 2 undated); Mother of Hydrogen (4 here; 5 sources in all, earliest dated 2012)
- The earliest dated source in this archive for (undated sources may be earlier): Mattereum; smart contracts; tokenization; Silicon Valley; Shatner; ICO; Internet of Agreements; cypherpunk; collectibles; DAO
- Importance: core-text score 0.26 (1.00 is the top), number 307 of the 729 sources it scored, the research build's measure of substance, importance and innovation
- Related sources:
  - [752] [Vinay Gupta: The Cities That Will Walk Away (2019)](https://guptaoption.com/texts/752.md): same career work: Hexayurt
  - [711] [Vinay Gupta – Hexayurts, Distributed Infrastructure, and... (2014)](https://guptaoption.com/texts/711.md): same career work: Hexayurt
- On the same works, just before: [698] [Vinay Gupta - Hexayurt Project - End Homelessness |... (2014)](https://guptaoption.com/texts/698.md); [700] [Vinay Gupta - Basic Income | London Real (2014)](https://guptaoption.com/texts/700.md); [316] [Vinay Gupta - Maker Faire UK - Newcastle 2014 (2014)](https://guptaoption.com/texts/316.md)
- On the same works, just after: [73] [A little insight into the Gupta Doctrine | The... (2014)](https://guptaoption.com/texts/73.md); [315] [Three Bureaucracies of Sharing: Owners, Managers and... (2014)](https://guptaoption.com/texts/315.md); [314] [EMF2014 hexayurt talk Hexayurts, Distributed... (2014)](https://guptaoption.com/texts/314.md)

## Reading it

Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it.

Cite as: vinay gupta | be you., document, 2014-05-22, https://redefineschool.com/vinay-gupta/; in Vinay Gupta's archive at guptaoption.com, source [172], https://guptaoption.com/texts/172.md.

## Passages, part 5 of 8
[passage 53](https://redefineschool.com/vinay-gupta/) to get 7 bill people to vote.. don’t need to.. 100 mill is a sufficient sample ? take individual notions of opinion and produce a rough estimate on global set of issues... 9 min – given a set of agreed on facts.. what is global public opinion whoa... isn’t that what we can now disengage from..? can’t we live in dissensus ness.. by moving the people rather than forcing us cluster around an idea.. _________ @leashless Wikipedia draft declined again :( I *could* tidy it, but it began as a procrastination exercise: https://t.co/oSCGwXosjK Sorry :( Original Tweet: https://twitter.com/PocketaPocketa/status/743477627890110464 _________ Here @leashless answers the first question for a possible interview with @singularityblog at 3:00. #NowTheRestPLS? https://t.co/T7MLQAQhSJ Original Tweet: https://twitter.com/jhaand/status/750426077584035840 Digital Bauhaus Summit 2016: Vinay Gupta – LC on a Dollar a Day: Ecological Limits, Dangerous Technology and Human Survival. https://vimeo.com/171372275 6 ways people die right now most of these are not being met...1/3 of poverty.. 2 min – we don’t know how to take care of everybody simultaneously .. so important any solution we propose... and we have to solve this problem on the way to luxury communism.. has to not make matters vastly worse in process of tempting to fix things 3 min – right now.. there’s a very pragmatic approach – tech will save us... problem w techs.. most also create a whole new class/family of risks... risk is that it will create problem so much worse than have now..extremely dangerous techs.. 4 min – so i want to propose is a diff way of thinking of how we solve this maslow zero problem... so we don’t get trapped on false bridge 1\ultra tech to save us or 2\ have to accept poverty and stay there.. so.. only have to address these 6 causes of death 1&2\ too hot/cold is a shelter problem – ie: hexayurt – 100 dollars/person.. twice that if want to use lifelong materials.. shelter part extremely easy to fix.. 7 min – clothing.. no problem at all.. 3\ hunger – ie: one acre fund – doubles agri production – add.. caleb ness et al.. world produces twice as much calories we need.. no fundamental procution problem of hunger..until get climate change.. not easy in urban areas .. but not as difficult as people tell you 13 min – 4\ thirst – ie: water filtering tech has improved in last 20 yrs... ie: safe water trust.. lots of ie’s .. very soluble in areas that haven’t already been affected by climate change 5\ illness – water borne (above), stoves.. if budget is 1 dollar/day.. solar lighting gets rid of indoor air pollution.. way cheaper than kerosene.. 6\ injury – bike helmets.. no civil wars.. so in 10 min – gone through doable ways to solve 6 major causes of death we have a bunch of tech solutions.. cheap enough.. that we can solve these... 14 min – 6 basic human needs.. are individual.. need to cover for each individual... to function as groups need to add

[passage 54](https://redefineschool.com/vinay-gupta/) 6\ injury – bike helmets.. no civil wars.. so in 10 min – gone through doable ways to solve 6 major causes of death we have a bunch of tech solutions.. cheap enough.. that we can solve these... 14 min – 6 basic human needs.. are individual.. need to cover for each individual... to function as groups need to add work spaces... communications (mobiles).. transport (bikes buses).. resource control is where blockchain enters... ie: this resource for this event.. the org that controls this space...decision made by allocating money... which is basically the only way our society has of allocating scarce resources... so – imagine hosting life bits.. as way to do resource control.. and people connections.. 17 min – all structure washed out of our society in favor of property mech called money... performs very poorly on long tail.. wind up w/a non represented differential.. ie: extra 100 bill nothing to gates.. but not to other places.. the fact that it means diff to diff.. so can’t price welfare in financial terms.. money doesn’t accurately reflect human benefit.. 18 min – i suggest a diff way of approaching this.. we build society for extremely poor/difficult situations .. which is roughly half of world situations.. .. we price things in terms of human survival benefit.. ie: take someone’s death .. log on blockchain.. work backwards from death to series of events which caused them to die 19 min – short run down of what blockchain is if we start logging death.. working backwards from death.. we can start looking at what kills people.. then.. take an artifact like a stove.. can measure penetration of various tech’s.. intro stoves.. 5 yrs later infant mortality dropped.. ok.. stove/solar panel allow this level of benefit.. 20 min – in controlled environments like in refugee camps.. measure food as goes in .. track people.. and tech.. match stats to tell you benes.. then price techs as deployed.. also price human benefit they produce.. this kind of thinking done already.. quality adjusted life years.. used as currency for managing social cost analysis 21 min – bene of doing on blockchain.. gives ability to do independent analysis of data.. can be done by anybody.. between money and benefit of money.. get.. triple bottom line accounting.. financial, human benefit, environ benefit... single pkg.. which could be used to correctly allocate resources... that approach could take root in refugee camps.. poor villages.. if move to something like bitcoin.. interfaces with systems where we need to control carbon globally.. inside very rich side of world.. 23 min – this looks like environ.. where we could do correct resource allocation for the long tail of humanity.. to bring everybody up to level where they have reasonably human welfare and abundant free time with which they could get educated or play video games or whatever they like. . this to me is a less than one planet’s worth of consumption luxury communism.. free world for the poor.. almost a luxury maoism

[passage 55](https://redefineschool.com/vinay-gupta/) for the long tail of humanity.. to bring everybody up to level where they have reasonably human welfare and abundant free time with which they could get educated or play video games or whatever they like. . this to me is a less than one planet’s worth of consumption luxury communism.. free world for the poor.. almost a luxury maoism 24 min – leave regular rich to do what doing now.. no way to control them .. and if no way of controlling.. the attempt to fight with them for resources.. so that we can straighten out the planet is probably futile.. if it doesn’t cost the billionaires anything to fix the long tail of humanities problems.. maybe we just let them run amok while we go and win the fights we can win rather than focusing all our efforts on politics of anything 25 min – no reason we can’t build a world that actually works.. we can actually do this.. we’ve got the tech 26 min – q&a – what makes your pitch diff .. a: money... internet 3 – crypto power run rather than just network power 29 min – most of activists are fighting on a map that is completely out of date.. that’s why activism isn’t being effective.. not that we’re stuck and waiting for miracle.. but we really need a new generation of activism to provide the political wing.. of the tech movement.. 30 min – activism is hopelessly broken.. because people aren’t willing to sacrifice marks.. just need to catch up.. nobody has really redrawn the political econ/geography after invention of nuclear bomb.. once remodel world.... we’re operating in a world with only a dozen countries in which value is now generated by land ..possible to remodel world but need activists to come with us and catch up with the tech 37 min – we must free activist world from nation state illusion.. ________ Hurrah! Two of my favorite people talking. What a pleasure :-) @leashless – I love your vision and leadership! https://t.co/HK83gcHPc4 Original Tweet: https://twitter.com/BobSummerwill/status/752609186140205056 1 hour audio – vinay on rethinking blockchain use cases [i think my fav talk/convo of his to date.. love his focus on what matters..] https://www.etherreview.info/2016/07/08/234/ 20 min – i need a job.. i make way into ether game.. because...i’ve spent 15 yrs working for free on nastiest problems i could find... i can’t get paid for doing the work i’m actually here to do.. because it’s so terrifying that nobody will basically put money behind getting a clearer picture of it .. i knew ... currency wasn’t enough.. not anything in terms of social change... i come here.. because i need to put a little security behind myself... 21 min – i take risk of global financial collapse seriously enough.. that i climb the ladder... this is not cynical.. it’s happy and cheerful compared to how the developing world works.. . i can tell you how africa is broken.. but you’ll never look at your

[passage 56](https://redefineschool.com/vinay-gupta/) i come here.. because i need to put a little security behind myself... 21 min – i take risk of global financial collapse seriously enough.. that i climb the ladder... this is not cynical.. it’s happy and cheerful compared to how the developing world works.. . i can tell you how africa is broken.. but you’ll never look at your own people in same way again.. 23 min – regulators job is to protect the people.. who are at risk from.. scammy bullshit marketing if you startle people in just the right ways.. they give you their money.. 25 min – against that context.. where we understand fully how that system really works.. have to ask ourselves.... are we diff from the reg econ.. if we’ve got same kind of mass psychology.. is it really for us to claim we’re above it.. 26 min – ethereum is an attempt to use the most powerful force in universe to govern affairs.. and that force is mathematics. . this is a big deal as long as we’re governing what matters.. ie: not measuring transactions.. crypto approach to this is retarded.. 28 min – we should partner w/un to fight climate change.. ie: take everyone emitting carbon.. and force them to publish results on a blockchain.. push tokens they are generating on their customers.. tag them for price.. attached to people personally... seriously show who is emitting carbon and what it’s used for.. give much clearer picture of global situation.. 29 min – is there really a global drought.. v: yeah 30 min – ledger use: 1\ tracking negative externalities.. 2\ global governance.. opinion polling.. model of what people want.. oy.. what if we can get away from pollingness.. ability to make structural change if can figure out what global public opinion is.. ? – perhaps rather.. focus on basic human needs – ie: a and a 31 mi – what i’m recommending is not that this is what we ought to be building... but the idea that the highest manifestation of block chain as an idea is to generate a currency and smart contracts as a hyper efficient form of late stage of capitalism.. clearly we are thinking about this in a very rigid/static 2 d way.. 31 min – we have vastly bigger problems than the inability of people to parade trade between each other ...we’ve got 20 million people that will die this year.. of poverty... et al.. and we are wrecking the hell out of the ecosystem... 33 min – problem.. right now biggest entity we have to solve is un.. and it’s a trade assoc for nation states.. if in a democracy.. have to pick leadership and send to un.. if not in democracy (which is enormous % of humans) no say.. so.. hard to get world to pull together.. problem 1... problem 2.. centuries of massive abuse because of colonialism... 34 min – so.. inside this context.. imagine if we had a way of getting ordinary human

[passage 57](https://redefineschool.com/vinay-gupta/) if in a democracy.. have to pick leadership and send to un.. if not in democracy (which is enormous % of humans) no say.. so.. hard to get world to pull together.. problem 1... problem 2.. centuries of massive abuse because of colonialism... 34 min – so.. inside this context.. imagine if we had a way of getting ordinary human beings direct voice on big issues.. that would have enormous tendency.. ay.. – doesn’t it then mean we are voting on spinach or rock ness... we could get direct political pressure... from masses living in worst states.. w/o having to go thru filter 40 min – if crypto anarchy w/o property rights.. all believe property is soul of anarchy.. which is of course nonsense.. no such thing as anarcho capitalism.. can re conceive crypto project as aligned with human survival rather than human greed.. seems too big – arthur – there’s no other game worth playing.. so play that game.. if we are not here to save the world.. why get out of bed in the morning.. – vinay.. 43 min – w/o some fundamental challenge toward lifestyle change.. a nother way 44 min – system of world is a very bad thing.. highest purpose for blockchain is to make system 1\ visible 2\ repairable.... use blockchain for tracking transactions in order to track resource flow hosting-life-bits 45 min – killer app fro crypto ledgers is global democracy.. a way to register opinions.. currencies are tiny little things.. hardly worth discussing.. not even wrong .. insignificant even if correct.. really hard problems.. are collective action problems.. 47 min – capitalism: price signaling communism: means of production.. bring together to bare on final price of a good – arthur yes – vinay oy – no – this is not best use of these techs... just my model.. someone else could come along.. vastly bigger dreams than this is about currency/contracts.. ah yes.. 49 min – what we need to emphasize.. this is day one of a completely new phase.. if we take first basic screw up as reason to close it all down... has to be bigger vision.. can’t reflect around anarcho capitalist theory 50 min – huge alternatives.. that only barely intersect with my version... 51 min – we have to grow out of the narrative.. we have to start weaving in potential of blockchain.. ie: syncing wikipedia to blockchains.. all uses are relatively easy technically.. we’re just not focusing on that.. because everyone is focusing on liberatarian politics and transaction processing we need bigger dreams.. we need a much louder much more complicated ecosystem... we have to also look at role foundation has of narrow/technical.. to do broad based outreach... deep/simple/open enough 56 min – i talked about blockchains and global governance.. because i wanted those people to come into our space.. and ask about more... we’re going to come up with problem of everyone thinking it’s a financial tech.. it’s not a financial tech.. it’s a rebirth of

[passage 58](https://redefineschool.com/vinay-gupta/) at role foundation has of narrow/technical.. to do broad based outreach... deep/simple/open enough 56 min – i talked about blockchains and global governance.. because i wanted those people to come into our space.. and ask about more... we’re going to come up with problem of everyone thinking it’s a financial tech.. it’s not a financial tech.. it’s a rebirth of the internet 57 min – i really think we need provably fair internet data. .. services (ie: dating) aren’t neutral... adverse incentive.. self-talk as data.. facilitated by non judgmental tech 58 min – ok cupid – 10% of births 1:00 – matching you with people for you rather than profit for company. .. find your people .. everyday.. as the day.. if we fixed that problem.. ordinary people would see bc’s mean fairness... 1:02 – once you get good enough tools.. you get fundamental changes in people’s behavior. . imagine if design to give space/time for interpretive labor – rev in rev..rev of everyday life 1:03 – perpetual disorientation very vulnerable to exploitation by people who have more insight into situation than they do 1:03 – in a position to abuse insight.. blockchains may give us a way to prevent abuses from happening – arthur 1:04 – actionable – we need to think much bigger in much more diverse ways... we need to start making blockchain clearly visible to people to help big problems of world in big ways.. ie: how to track timber.. refugees.. providence of meats.. what if .. how to wake people up.. so we can have 7 billion making soul ful decisions everyday.. consenting with guts rather than with all the other people in a mob... _________ convo with Jon Husband on wirearchy and blockchain june 2016 @jonhusband # orgdna .. # wirearchy 10 years from now, after blockchain stretches its legs ? youtube.com/watch?v=9TzB9q... __________ on politics must circumvent politics ( https://t.co/jPPfVmlvwH ) wherever possible, as per @leashless. if want different future, build alt models. [16/?] Original Tweet: https://twitter.com/_jordan_bates/status/759906683107803136 Transcending Politics – 17 min video interview 2014 – simpler systems can provide all our basic needs... emergence possible to go w/o heavily entrenched..external governance.. politics are about allocating scarcity.. if take scarcity out .. doesn’t matter who’s in charge... if get rid of scarcity.. politics less important.. 9 min – everyone working on l-r system of politics.. massively out of step once look at post industrial econ’s work – ie: keven carson’s, yoha benkler.. entire political movement landscape is littered with things one/two generation behind.... control of assets always about assets.. when econ changes shape.. if politics don’t catch up.. keep turning... applying force.. just strip head of problem.. can’t get real leverage on problems.. generations behind econ so politics don’t grip deep/simple/open enough the biggest block we have is thinking poverty is static.. 14 min – first priority must be – show must go on most problems solve if go to solar rather than coal _______ aug 2016 a thesis: hexayurt guy capital partners? https://hexayurt-capital.typeform.com/to/lV91Mv

[passage 59](https://redefineschool.com/vinay-gupta/) head of problem.. can’t get real leverage on problems.. generations behind econ so politics don’t grip deep/simple/open enough the biggest block we have is thinking poverty is static.. 14 min – first priority must be – show must go on most problems solve if go to solar rather than coal _______ aug 2016 a thesis: hexayurt guy capital partners? https://hexayurt-capital.typeform.com/to/lV91Mv https://www.youtube.com/watch?v=EjEst4t4ntg 2 min – how we allocate risk and capital to generate forward motion.. started w rich old geeks funding young geeks to go out and invent the future.. tech expert to tech expert... ie: semiconductor.. now.. generally vs understands money but not tech.. environment has sped up w/o funding... resulting in large misallocation of funds.. 6 min – right now most perceptions are that startups are companies... i don’t think that’s what they are.. i think startups are actually factories for producing financial instruments.. 7 min – in drug world.. leads.. then 10x money to turn into.. in each stage.. so completely diff kinds of entities in each phase.. 9 min – paul graham.. so can’t predict..so have to take a ton of risks... many invest in too low level of risk.. not investing enough in crazy .. only thing worth doing is 1000 to 1 returns.. 13 min – to build something based on idea .. that we’re going after 1000 to 1 shots... 15 min – t he idea of a world that is governed by math rather than force.. is appealing. . and i think is going to turn out to be a good bet... but getting capital into the system is quite difficult.. 16 min – to get into that space (1000 to 1) .. you need to be investing in things that don’t only seem mysterious to you.. but that actually seem physically impossible..ethically unreasonable.. or require patterns of human behavior you don’t believe in so have to get into putting money into ideas you don’t believe in.. really looking for is things that 25 yr olds think.. not sure i can use that.. but really interesting... 17 min – notion of looking for edge.. 19 min – critical access of action.. risk to expertise/legalities.. ie: phases of a rocket.. little risks become big risks.. right now those gateways are extremely complicated 20 min – we have clear model of phases going from irrational dreams about possible futures thru to the hard core regulatory grind of bolting things directly to existing superstructure.. why existing superstructure..? 21 min – if you don’t have that kind of crazy.. not going to dedicate life to it.. rocket.. assumed to be disposable.. thrown away at the end.. 22 min – alienation/trap – because now rich and friends all poor.. or.. in high burn lifestyle.. w no chance of getting off wheel... thinking of money as scarce.. there’s an astonishing amount of wealth on planet.. so.. not that there isn’t lot of money 23 min – on other hand precise set of skills necessary to master diverse power of

[passage 60](https://redefineschool.com/vinay-gupta/) min – alienation/trap – because now rich and friends all poor.. or.. in high burn lifestyle.. w no chance of getting off wheel... thinking of money as scarce.. there’s an astonishing amount of wealth on planet.. so.. not that there isn’t lot of money 23 min – on other hand precise set of skills necessary to master diverse power of tech and pull into coherent vision of future.. which then you can attempt.. then slide in front of culture of an option to divert from path that it would be on if you didn’t exist.. a pretty rare set of skills.. pulling entrepreneurs out of companies before completely destroyed.. better than treating entrepreneur as one shot rocket... 24 min – same error as in end of care life expense... ie: often unconscious for entire period.. take off respirator off early enough save fundamental assets.. ie: people’s willing ness to work... 25 min – rather than burn crash people.. soft land them.. what if started looking .. at pulling this stuff out a little bit earlier than burn out... perhaps more would go on (refreshed) to a 2nd/3rd try 26 min – so how to align interests..? chip ness 27 min – how to make it feasible for people to pull the plug.. have to make it ok for people to think of themselves as important enough.. that crashing the entire show is not the future.. ie: people with skills at center rather than people with money... 28 min – in this kind of format.. critical.. horizontalize risk.. risk pool.. ability to cross invest.. better for network as whole if everybody swings as hard as they can and takes as big risk as they can.. 29 min – founders oppression – because instruments around the system are not appropriately valuing human capital... fixable problem. . mech simple enough 30 min – what if did a vc ..is a matching engine.. bunch of kids with enormously erratic visions.. get out in advance of human cultural change.. 32 min – investing in things that could become a norm.. a verb.. building new verbs into human language .. way of thinking about things that plug into people’s lives.. mass psych of choice.. not deterministic.. 33 min – notion.. of where in landscape any kind of edge.. interface between techs that are getting very little internal investment.. 34 min – even if duct taping diff’s together.. better leverage.. if you keep it current.. highly compound.. could prototype today.. and then come back in 5 yrs.. every single one of components would have improved.. the path between .. rickety present and future perfect.. is paved with people’s money.. possibility operating too near future..leverage.. f rom using many techs that are continually improving. . 37 min – 1\ conservation of entrepreneur – scarce resource.. right now .. plane/person expendable.. mission isn’t.. but if many many many test planes.. easy to see.. landing plane is best thing.. second best eject team while still in air 2\ compound value..

[passage 61](https://redefineschool.com/vinay-gupta/) people’s money.. possibility operating too near future..leverage.. f rom using many techs that are continually improving. . 37 min – 1\ conservation of entrepreneur – scarce resource.. right now .. plane/person expendable.. mission isn’t.. but if many many many test planes.. easy to see.. landing plane is best thing.. second best eject team while still in air 2\ compound value.. where in ecosystem enough space.. risk perspecting in an area.. 39 min – my journey.. has involved a lot of screwing up.. starting in 93... 90s no money.. due diligence.. never really found an angle on the thing i believed in.. i found inside of govt/energy/etc policy.. but never something in business.. slowing this vc thing has become that for me.. to fund young dreamers and drag us along with them.. how to allocate capital to things that will really make a diff .. we have to innovate on both ends.. low end.. until mass collab for millions to innovations.. hopes is high end inside developed world for those who already have assets.. then scale down to low end.. 42 min – want to see best of people doing best of work with best support possible.. ie: robin chase’s peers inc.. assets into ubiquitous platforms.. but i really want to see is things that are shocking and amazing.. if we can accelerate progress at bleeding edge.. might get acceleration it takes to address things like climate... right now.. trying to speed up.. with expectation that that speed is part of tool kit to innovate in other areas... 44 min – looking for very high risk.. super clear.. high potential.. build these things out.. if doesn’t work out.. still part of movement.. a nother way. . 45 min – if interested.. hexayurt.com/capital... ideas.. how to approach.. 46 min – in may case.. didn’t understand what i was doing.. ie: a successful company.. because of speed up..only thing we can hope is to build machinery that gets people through their lives.. all we’re doing is enabling people to get things done.. rather than operating inside of older paradigm hosting-life-bits ________ infrastructure for 7 billion world https://cointelegraph.com/news/podcast-infrastructure-for-a-seven-billion-world 10 min – focus on/assumption of.. money 11 min – flag dangerous tech.. et al.. on a blockchain.. track use of earth’s natural resources.. ie: transferable energy... global econ w/in environ system.. 12 min – there is no way we’re going to build systems that work like that on top of paper currency.. this is what we need blockchains for.. do we need to measure... if people are free.. and don’t need to be ‘kept in line’.. and.. if we need to ‘keep people in line’.. won’t we end up where we are in another few years.. 15 min – bitcoin/ethereum.. as fast as mechanical calculator.. what if fast isn’t what we need.. rather.. getting rid of irrelevants.. ie: measuring .. in order to keep in line.. keep fair.. et al.. 16 min – on use of – currency – as verbiage.. becoming irrelevant.. 18 min

[passage 62](https://redefineschool.com/vinay-gupta/) won’t we end up where we are in another few years.. 15 min – bitcoin/ethereum.. as fast as mechanical calculator.. what if fast isn’t what we need.. rather.. getting rid of irrelevants.. ie: measuring .. in order to keep in line.. keep fair.. et al.. 16 min – on use of – currency – as verbiage.. becoming irrelevant.. 18 min – tech for blockchain all there since 80s.. just not practical ways to do it yet.. didn’t have algos.. didn’t have mindset.. 19 min – if we’d don’t his in 91.. we’re always going to take tech emerging at same time.. and combine.. all people at tech frontier wants to join to other in tech frontier.. cultures of tech... nobody wants to connect ie: blockchain w old tech 20 min – semantic level.. one ie: social skills in ed.. easy to measure math.. hard to measure social skills.. so no funding to make it better.. so illegible.. can’t represent objectively.. ... seeing like a state 25 min – 1/ is store open (solvable) – semantic 2/ how to enumerate intangibles (probably never going to happen) – legibility we have to accept we can’t run our society on spreadsheets.. so why enumerate.. 30 min – what we are after is an accountable measure that assures bad actors are flagged.. why not get to root of bad acting.. gershenfeld sel 31 min – not knowing who we can trust.. doesn’t go forward unless develop an immune system.. being afraid to call people out.. consensus ness.. entirely a sociological problem.. consensus we came in in hopes that we could create this trustless systems.. 33 min – mythology we had was that because the software was perfect we could not care about the attributes of humans involved. .. that’s dead.. 34 min – we knew real world was encroaching into our utopias.. who’s perfect. .. who’s not ever going to screw things up.. so.. let’s 1\embrace that and 2\ create mech that would diminish screwing up ness as much as possible.. ie: 7 billion people iterating on daily detox 35 min – best minds.. have been.. playing catch up.. right now we don’t look like competent professionals.. we look like a bunch of people incapable of managing crisis that they are stuck in the middle of.. because.. we are.. 36 min – how did we get into mess.. lesson 1\ software always has bugs.. so need to design messy human policy for bugs.. or just understand/accept bugs.. now have massive political split about how to solve problem... talking how to move money in blockchain and how to find bad actors.. what if both (money and bad actors) of those are irrelevant.. man made.. system looks way it does because of bad actors.. ? 39 min – we’ve rediscovered why world is way it is the hard way.. what to do from here.. recovering losses from dao – lawsuits.. whole bunch of legal liabilities that have arisen from this.. lucky if don’t have to go

[passage 63](https://redefineschool.com/vinay-gupta/) and bad actors) of those are irrelevant.. man made.. system looks way it does because of bad actors.. ? 39 min – we’ve rediscovered why world is way it is the hard way.. what to do from here.. recovering losses from dao – lawsuits.. whole bunch of legal liabilities that have arisen from this.. lucky if don’t have to go through litigation 41 min – if we had built momentum over 4-5 .. we could have built in competence to get through this.. 42 min – ethereum.. databases, networks, many computers, one computer.. thing isn’t finished yet.. what thing is will be decided by wider culture.. can’t tell society how thing works.. 43 min – now in position where can’t avoid governance problem.. 3 ways.... 3\ courts/governance inside ...my money on internal.. ie: contracts.. to binding arbitration..failure to proper contract.. as key failure.. all done by humans.. huge to reading Dave Elder-Vass – causal powers of social structures.. and esp to this idea of compliance.. and esp to voluntary compliance.. ________ @fluffyponyza “A smart contract is just a warm fifth-order feeling, deep inside of you.” – @ leashless cc @ junseth @ derosetech 90 min aug 2016 – talks Ethereum, blockchain, and the Future! on Bitcoin Uncensored 2 min – i knew currecny wasn’t enough 5 min – currency doesn’t give you the necessary high order structure you need to achieve political change .. so i looked at bitcoin and just ignored it 6 min – i came out of retirement on crypto to work on smart contract.. defn: a chunk of code that runs outside of control of the centuries of the contract.. all need is admin control over something that matters... 7 min – smart contracts are amazing.. the thing we thought was always going to achieve.. nick sabo’s work on smart contract.. bitcoin not really a currency.. smart contracts not contracts.. not smart.. 8 min – hard to understand what it is.. (do you understand them).. well no.... so many defn’s flying around.. 9 min – build .. then come up with a name.. who cares what defn of smart contract is.. let’s talk about actual running code.. ie: ethereum.. 10 min – guys.. you’re acting as if defn’s matter.. what matters is running code .. language always lags the practice.. the failure to be able to form accurate language around new tech is an indication that you’re working on the cutting edg e 11 min – when real change is happening.. extremely difficult to define things... guys pushing for defn.. and vinay says.. talk about running code 12 min – what does it matter if something is /is not a smart contract.. if you want to do this properly.. what is it you want to understand about smart contracts.. 13 min – e rites – since 90s 14 min – in real tech.. practice leads theory.. blockchain is not necessary for smart contracts to be interesting.. 15 min – useful sc – democratic governance of shared

[passage 64](https://redefineschool.com/vinay-gupta/) is /is not a smart contract.. if you want to do this properly.. what is it you want to understand about smart contracts.. 13 min – e rites – since 90s 14 min – in real tech.. practice leads theory.. blockchain is not necessary for smart contracts to be interesting.. 15 min – useful sc – democratic governance of shared assets.. guys: where’s your evidence for that.. that’s an extraordinary claim with no ? what questions are these guys: there’s no science in this space 17 min – you’re expecting to be able to operate inside space with genuine tech change by defining /measuring.. this doesn’t work .. 18 min – you’re asking for a defn of something that does not yet exist.. 19 min – if you want to think about future.. have to have better conceptual brains.. not going to be defined by your linguistic defn.. emergence ness 20 min – evolving process... things which are genuinely important.. fundamental social transformations are never understood when they are happening.. smart contract .. defined by established practice.. not by a textbook defn.. operational vs denotational semantics.. looking for normative before it becomes normative... 22 min – ethereum comes along implements a smart contract ignoring bitcoin.. just currency.. not political impact.. hey Vinay.. energy here: graeber model law .. let me bend your ear.. and let’s just do it.. rather than argue/present about it.. 27 min – guys: there’s nothing here that is actionable... vinay: it’s what i do first time i’ve ever seen you carry on in a crazy convo.. and get so mad 29 min – widespread.. that we’re running out of time.. so what to do about it.. 12 nation states 39 min – why do we need political change.. those in charge.. states/corps.. doing very poor jobs at managing existential risks to humanity.. 43 min – vc space: humanity has had existential risks by poor govts since nuclear bombs 47 min – markets do not reflect risks.. entirely created by the state.. 48 min – guys: are markets efficient vinay: depending upon externality management and efficient to what..? markets exist in regulated spaces.. so if w/o will invent regs 50 min – if possible to manage scheduling problem 51 min – fundamental: full bore cannibalism mode.. treating human beings as expendable.. (guys: by what metric).. 53 min – guys: wealth gap is mattering less than ever ... vinay: not interested in gaps 54 min – # one job in america.. driver.. good grief .. who are these guys 55 min – the market has nothing to do with the wealth of individual americans 55 min – guys: when i look out my window.. i see so much order/wealth.. vinay is in detroit.. so he assumes all america is like that.. perhaps have the guys read divide 57 min – spending enormous amount of world’s wealth.. on weapons.. system we have for electing leaders haven’t helped with any of these risks.. 58 min – if you think this

[passage 65](https://redefineschool.com/vinay-gupta/) when i look out my window.. i see so much order/wealth.. vinay is in detroit.. so he assumes all america is like that.. perhaps have the guys read divide 57 min – spending enormous amount of world’s wealth.. on weapons.. system we have for electing leaders haven’t helped with any of these risks.. 58 min – if you think this is a fringe perspective.. you really need to go and do some reading.. 59 min – existential risk main thing ever since first nuc.. we got ability to destroy ourselves and have been negotiating around that ever since.. vc: how do you build large scale efficient problem solving apparatus that is capable of dealing with real problems.. state has failed at that.. main threats are bad tech regulation.. rather than ie: russians 1:00 – elon musk: given markets are effective.. existential risks management systems inside market econ .. so.. 100 mill in space ex.. 100 mill tesla.. 100 mill sources..? over 10 yrs enough tractions.. for global co2 missions.. and solve race problems.. (if realize have whole space less interest in gutting neighbors).. musk: possible to get serious leverage on actual social problems.. 1:02 – previous guy.. norman borlaug.. that academia 1:05 – back to vc: we need to build machinery for operating at a global scale musk has proven that that is possible... (musk is part of vc) what i have been doing.. working inside industrial complex.. working with strategic planners 1:06 – attempting to ensure long term survival of species.. educate people who have power to make these decisions to do right things.. or.. design so that 7 bill make decisions.. once all of us awake.. 1:09 – clear we weren’t going to get what need via govt 1:10 – musk proves.. effective mech inside markets rather than inside state.. to existential risks.. 1:11 – i accept that your mind is blown by things you don’t understand.. 1:14 – gotten to point.. not going to be able to influence the state.. start looking at market.. worth a shot.. right at time ethereum pops up.. ethereum runs into serious governance problems.. i’m getting itchy feet.. want to build a bunch of stuff in europe.. but vc’s no interest 1:16 – as soon as regulatory around equity crowdfunding is sorted out.. much easier 1:17 – strategy – funding co’s exist inside space.. on fund stuff in center of: blockchaing, ar/vr, robotics, ai 1:18 – we think we’ll get compound growth in that space not discussing people or money right now i can’t believe i listened to whole thing.. can’t believe V spent time/energy on that.. good insight.. but buried in 90 min crazy (not good crazy)... i wish i could have had 90 min with vinay instead. yeah. 1:26 – in future.. need turing complete smart contracts.. 1:27 – mining in china 1:28 – mining: an effective solution to the pack theorem.. allows to build something essential able to compensate for speed of light.. need to mine because.. you can’t

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Continues in https://guptaoption.com/texts/172-6.md (part 6 of 8).
End of [172] vinay gupta | be you., part 5 of 8. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt.