# 'Why Buy RWAnfts with Mattereum' > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [589]. 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/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2022-08-22 (YouTube upload date), https://www.youtube.com/watch?v=AST72phSqSw. Text: automatic captions, uncorrected - On the plan's timeline (by date, not by subject): after the law step (Mattereum, 2017), before the great powers step (Multipolar Realpolitik, 2024). - How it fits the plan (the research build's reading): Mattereum explainer clip. - Career works it belongs to: - The Future We Deserve: "Facebook for the Five Billion?" (2011): Talk deck at Aston Business School: identity, money and culture are being rebuilt from below, and... (suggested by machine) - Taking a crack at a practical system (introducing the ESCROWNYM) (2012): Blog essay proposing the escrownym: an identity lodged with escrow brokers under a legally binding... (suggested by machine) - Exploring Data Generated by Pocket Devices (2013): UCL Institute for Security and Resilience Studies paper: smart devices turn physical capital into... (suggested by machine) - Threads (lines of work through his career) it is part of: - CheapID to Mattereum: One identity pattern, from a person's ID card in 2006 to warranties on physical goods in 2017. (through a work suggested by machine) - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - rich data capitalism: Cheap information changes what a market can carry: price signals hold only a few bits (2013), blockchains cut... (through a work suggested by machine) - Distinctive terms here, against the whole archive: NFT (3 here; 45 sources in all, earliest dated 2019); collectibles (1 here; 27 sources in all, earliest dated 2014); warranties (1 here; 34 sources in all, earliest dated 2017, 2 undated); accounts (1 here; 51 sources in all, earliest dated 2006, 1 undated) - Importance: core-text score 0.14 (1.00 is the top), number 437 of the 729 sources it scored, the research build's measure of substance, importance and innovation - On the same works, just before: [678] [WNWB S01E08: Mattereum with Vinay Gupta (2022)](https://guptaoption.com/texts/678.md); [735] [Vinay Gupta - Mattereum (2022)](https://guptaoption.com/texts/735.md); [594] [Mattereum Physical Asset NFT Online Meet-Up 27 July 2022 (2022)](https://guptaoption.com/texts/594.md) - On the same works, just after: [573] ['Digital Assets, Digital Chattel' (2022)](https://guptaoption.com/texts/573.md); [571] [The Second Mattereum Physical Asset NFT Meetup 21 Sept 2022 (2022)](https://guptaoption.com/texts/571.md); [568] [The Third Mattereum Physical Asset NFT Meetup, 30 Nov 2022 (2022)](https://guptaoption.com/texts/568.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: 'Why Buy RWAnfts with Mattereum', video, 2022-08-22, https://www.youtube.com/watch?v=AST72phSqSw; in Vinay Gupta's archive at guptaoption.com, source [589], https://guptaoption.com/texts/589.md. Other speakers' passages are removed, so there can be gaps. ## Passages [0:00](https://www.youtube.com/watch?v=AST72phSqSw&t=0s) i mean i think what we ought to be talking about right now is actually why anybody wants to do this the experience for people that are actually buying and selling these things is really really very simple you go to openc you buy an nft and at any point you choose to you cache the nft and you retrieve physical thing i mean there's enforceability machinery there's a whole bunch of risk engineering you know all of those mechanisms are there to give the final user a one-click experience for buying a physical thing you know you go to omc you buy the nft you own the rolex it's securely vaulted um you've got excellent condition reports and warranties from multiple third parties that we know what they're doing and in that kind of situation we think that that's probably the best way for most people to buy a thing that they're not going to immediately use our own and in the situation that we're in right now you know with 12 u.s inflation if people have money which is sitting in their bank accounts they're losing one percent of their money every month for a second in a bank account and over the course of the pandemic the prices for physical collectibles things like watches even things like gold have gone up and up and up and up and up because a lot of liquid money was dumped into the economy during the pandemic and it's looking for places to go if you think of it as the easiest and most secure way of owning a physical thing that you're not immediately going to put on a shelf that's the why for all of this and that's really really important when you think of things like gold certain kinds of fine art there's kind of a large selection of things where actually owning the thing is a very very distinct thing from having things show up physically in your space you want to own it you don't want to custody gold bars in your bedroom --- End of [589] 'Why Buy RWAnfts with Mattereum'. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [573](https://guptaoption.com/texts/573.md) 'Digital Assets, Digital Chattel' (2022); his whole career in one file, https://guptaoption.com/story.md.