# Vinay Gupta:From Global Resilience to Practical Blockchain Vision (part 2 of 3) > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [692], part 2 of 3. 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, 2019-04-30 (YouTube upload date), https://www.youtube.com/watch?v=4oAHwAnLfgU. Text: automatic captions, partly corrected - 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): Explains the contracting/finance layer as the economic engine for the humanitarian programme. - Career works it belongs to: - Nath Sampradaya initiation (2004): Initiated into the Nath Sampradaya. - CheapID (2006): Design for a sub-$1 identity card, written for the US Office of the Secretary of Defense, that keeps... - The New Economy: out of money, out of time, but not out of ideas (2010): One-page paper: the richest fifth are eating the planet, so the next economy has to be at peace with other... (suggested by machine) - The Big Deal (2011): Four-essay blog series arguing that government has hit hard limits, so civil society, working with... (suggested by machine) - 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) - 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. - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. - cyber and defense: Security work for defense clients, built on one idea: set rivals to check each other. Resilience and Opportunity in... - environment / green capitalism: Green economics: from oil efficiency to markets for facts about products. - solo practice to the cutting machinery: From solo sitting in the 1980s to a taught meditation system. - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - Topics: Nuclear war & defence strategy — nuclear, space, military (28%) - Distinctive terms here, against the whole archive: Red Cross (8 here; 36 sources in all, earliest dated 2002); UNHCR (2 here; 5 sources in all, earliest dated 2002); IKEA shelter (2 here; 7 sources in all, earliest dated 2014); Afghanistan (4 here; 27 sources in all, earliest dated 2009, 1 undated); Nath Sampradaya (1 here; 2 sources in all, earliest dated 2011); citizens (6 here; 63 sources in all, earliest dated 2006, 3 undated); Iraq (4 here; 45 sources in all, earliest dated 2006, 2 undated); automated morality (1 here; 5 sources in all, earliest dated 2014); Legalese (1 here; 5 sources in all, earliest dated 2015); Haiti (3 here; 42 sources in all, earliest dated 2002, 3 undated) - Importance: core-text score 0.50 (1.00 is the top), number 87 of the 729 sources it scored, the research build's measure of substance, importance and innovation - Related sources: - [730] [The Bitcoin Podcast Interview #343- Vinay Gupta CEO Of... (2021)](https://guptaoption.com/texts/730.md): same career work: CheapID - [52] [When? | The Bucky-Gandhi Design Institution (2011)](https://guptaoption.com/texts/52.md): same career work: Nath Sampradaya initiation - On the same works, just before: [597] Mattereum Smart Property Register - Rob Knight (2018); [676] [Vinay Gupta on Blockchain, Biotech and Consciousness - E43 (2018)](https://guptaoption.com/texts/676.md); [207] [Black Elephants (CCCR2018) - CSER (2019)](https://guptaoption.com/texts/207.md) - On the same works, just after: [931] [Blockchain and the Future of Humanity | Malta AIBC... (2019)](https://guptaoption.com/texts/931.md); [257] [Vinay Gupta - Oslo Blockchain Day - Merging the Physical... (2019)](https://guptaoption.com/texts/257.md); [747] [Startup Societies Podcast - Episode 34 - Vinay Gupta (2019)](https://guptaoption.com/texts/747.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:From Global Resilience to Practical Blockchain Vision, video, 2019-04-30, https://www.youtube.com/watch?v=4oAHwAnLfgU; in Vinay Gupta's archive at guptaoption.com, source [692], https://guptaoption.com/texts/692.md. Other speakers' passages are removed, so there can be gaps. ## Passages, part 2 of 3 [39:34](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=2374s) thing I I recall it after the Southeast Asian tsunami tell me if I'm wrong but didn't you propose using hexayurts as housing oh I chipped away about four years I mean I worked really closely with Netherlands Red Cross on shelter training I trained the guys that went on to build the IKEA shelter um I spent a lot of time in the institutional R&D world around the UN and the Red Cross trying to get the hexayurt adopted and the right from UNHCR your UN High Commission on refugees they hated the hexayurt with an unholy passion right do you know why oh yeah the fear was that the a would be permanent housing because they were cheap and they lasted a really long time and they were easy a build of local materials and once you had the design you could do it yourself and the fear was that they were gonna turn refugee comes into cities right I remember very vividly a demonstration in the Netherlands where they had about twelve eighths of the different sort of plastic hard sided shelter designs in a demo so Red Cross say right then it come to this demonstration we want your expertise I say fantastic right and and I say how do we get hexayurt they're like don't worry we'll buy the materials you can build it when you get here fantastic wonderful all taken care of all taken care of yep it's all fine don't worry it's all done so I arrived at the demonstration they've got a bunch of these proprietary porch shelters and they're all crap they've got a bunch of college students trying to put them up and even the college students with the manufacturers representatives there are having a hard time getting them up there's one of them which is you know it's like held together by 700 plastic rivets it's completely absurd right um and they're ridiculously expensive they're just garbage and I'm like great so we're the materials for the hexayurt l we didn't get any time sorry am i what and I'm just like oh my god I'm being screwed because they'd seen a whole bunch of political game playing about this so I'm like okay then and I have a dig around and in a pile of construction rubble there's a hexayurt prototype that's been sitting in you know just a pile of construction waste for two years exposed to the elements under a big ol knife and I went right so we drag it out and it's got a war-damaged it's a little bit better and it's been heavily used but you know we put it up in about 10 [42:04](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=2524s) minutes 15 minutes with half a dozen students and then I stick it right in line with the other shelters that are being examined and evaluated and the Red Cross are furious they're just pink with rage then the high heejun from you know UNHCR comes around and I'm like I had nice to meet you this is a hectare the exact phrase is I know exactly what that isn't I'm not setting foot inside of it they're furious um the sabotage the hex you're testing in South America because they take it out of the shelter testing program without telling anybody and what they say is this is because South American Red Cross has said it's too cheap and it lasts too long Wow right it lasts too long and it's too cheap so that's the not in my backyard [42:50](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=2570s) syndrome coming into play at that level even and you know I play a ton of pressure on this because I'm like okay so what happens to these people after the ten so you put them in wrong and they're like that's the problem of the host government if we give them permanent housing right for just what these things are we give them permanent housing even if it costs the same as the tents which it does then we're responsible for them for as long as they're in those houses and we're not gonna go around the world creating permanent cities in these bloody sheds and they were absolutely furious the IKEA guys put three million euros more by now behind the IKEA shelter it's got something like 87 different components it takes five hours to put up with a team that knows what they're doing and they catch fire so some of the red crosses will no longer deploy them because they're not fire safe I trained the team that produced that the Johan Johan Carlson who designed that shelter I built heck serious with Johan Carlson for years in Sweden as he was a shelter events that he was running um he had seen pictures and video over hexayurt a prototype that I'd done in the Netherlands made on a production line that also produced IKEA countertops right so we had the capability to do this thing properly and there was just a hardcore refusal by Johan to take the hexayurt and build on top of it he wanted to start from scratch he wanted to do it his way and he wound up with something that was clearly a descendant of the shelter module that was designed by Tom cars houses shelter center tom was the worst engineer in the world he was crap right but he was the guy that had the political skills to get shelter Center funded so they wound up with the descendant of the shelter and water was their key shelter all the money is wasted they can't give the damn things away Wow right two years ago I talked to the people at IKEA Foundation that had made those decisions I showed them the video that that was made at this factory that's also producing your countertops it is not too late to fixes and their response was we've already spelled that I spent the money we're not gonna go back and admit error on this I wonder if you're gonna run into these kinds of problems with material um material is differently configured right those problems existed because I was trying to work with existing power structures and I was trying to persuade the people that had the budget ah they could do a better job and they could actually solve some of these problems now I am just here to kill right I finally decided that I was a war and the [45:20](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=2720s) mechanism for fighting wars these days is called capitalism so I put myself into a position where I was just going to take the resources by force by dint of having a better and more accurate world model than anybody else and I was just going to butcher everything between me and solving the world's problems and I don't don't care a about the consequences I don't care about the side-effects and I don't care who gets hurt right at this point I've gone through the institutions I've talked to everybody that could help everybody has failed and at that point I'm doing this the hard way so in getting to material did you [45:56](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=2756s) sort of have this concept in your head and then discover that the blockchain would be a way to implement it or did the blockchain sort of take you in a course where you kind of came up with this thinking so I'd worked on crypto and was aware of you know things like distributed Ledger's from the 90s I wrote something that looked very much like a permission blockchain in 99 or 2000 so I had a pretty good weirdest of that stuff permission of blockchain type technologies have been all over crypto I mean I know somebody who says they've found examples from as early as the 70s right so vaak chains without mining were common in computer science so the [46:43](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=2803s) realization that I cannot count on the institutions for any kind of help at all and that they're all basically just sitting on streams of resources and refusing to deploy in solving the world's problems that realization is the total end of hope in society as it stands right this is the anarchist nihilist moment of realization of okay we are screwed and at that point you know the response I have is basically an armed response right I'm willing to destroy people and things to get these solutions implemented and until then I had operated inside of a very kind of Hindu pacifist perspective right I'm not here to hurt people I'm here to persuade we can all do this together once you decide that that's failed you're dealing with essentially demonic consciousness right you know it's - chief that it lasts too long we're gonna put people in tents and when the tents Rock they're not our problem this is demonic this is just monstrous there is something wrong with these people's souls if they have souls so once you get to that realization then it becomes a case of how do I take as much of the world's resources under my control as possible and then use those resources to solve the world's problems and I was looking at you want masks and gates like okay you've just put a hundred billion dollars behind things like exterminating malaria right that works right the charities their crop [48:09](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=2889s) cover them in napalm liked them they're horrific no they're still having weekly campaigns you know in Haiti when they turn up in protest I was head of the Red Cross offices asking for the money that the Red Cross raised for Haiti to be divided up upon a lot of people that are still homeless in Haiti so they can go and build their own houses because the Red Cross has never spent the money they embezzled something like a hundred million of it to pay for the debt from their corporate headquarters that they built in Washington DC right the only true is five hundred million dollars and built six houses there's a nasty-ass expose about that so that level of institutional evil I just completely lost hope but then there was this shining example of the Silicon Valley billionaire class that were doing incredibly effective privately funded humanitarian projects you've got the extermination malaria you've got the rocket ships and you've got everything in between and these guys are really good at what they do they're incredibly effective right if you'd given you know you want must control of NASA and carte blanche we have been to Alpha Centauri in 15 years right new to put Project Orion back on the if they would have God so the only machinery I could see that was effective was rich dudes with a lot of money spending their recreational budget and solving the world's problems and that's apocalyptic right I mean you know okay so the government doesn't work governments or the charities don't want to try to support the open-source movement it turns out the company humanitarian innovation hardware we tried it doesn't work so I'd gone through layer by layer by layer by layer by layer looking for a hard point on which I could then apply the Weaver right you need a fulcrum then you can pull the Weaver then you can move the world turns out the ruminal fulcrums and at this point I'm ready for anything so what's the Bitcoin thing bubbling along yeah it's just the currency we've had digital currency before it's not enough we need something more then I start hearing the word smart contract ooh smart contract smart contract smart contract and that was the high-water mark from the nineties crypto revolution the smart contract was like okay that's that's the thing we've been waiting for so I go and join the Ethereum team I leave the hall defense think tank that I've been part of in London and they get clipped on to the Ethereum community and it's a total show right I mean it people hate each other the technology is extremely raw you know massive promises [50:39](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3039s) would be made there's no way they're gonna be able to deliver everything they said they would deliver you know the community is in uproar and I just arrived in this and like okay this is the best show in town you know it's inherently coolest it's massively technologically sophisticated even though the entire thing is in you know chunks lying around on them you know the garage floor um it doesn't really matter that the team is completely disorganized and everybody hates everybody because once the software is written it's written and it's the beginning of something right you just light the fire and then you keep throwing on fuel so if we get it to work at all it is inevitable that good for she will eventually come along and either we will turn it into that good version or something will come along fighting us in her knee should replace us and so I fully engage with the [51:28](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3088s) intention of becoming extremely wealthy to go out there to fix things and I'm fortunately or unfortunately early on in that process I take a look at my legal exposure and decide that becoming very wealthy by buying a whole bunch of ether cheap and then selling it for a lot of money later on it's probably not compatible with being the frontman of the project talking about how great it is because if it turns out that the stuff is dealt with as a security that's called securities fraud and I figure that stuff out earlier than practically anybody else in the Ethereum world and had a vast and people are horrified by that a story a whole bunch of my co-workers were just like oh my god but actually because they weren't doing the article talking about the project and the public they're probably not in the same kind of position of personal liability and you know we still have a bunch of US government ruling suggesting the Ethereum is no longer a security but what was happening in that early stage is still unknown because the SEC says you know it's not security now but it was a security at some point so I don't know whether all that will ever unravel or not but four years ago when I do it not for three years ago I had to make those decisions you know it was very unclear what the regulators were gonna do so I didn't go down the convenient path of becoming extremely critical rich and then just running the show from there which what people did like Brock Pierce yeah humanitarian projects trying to do transformation cost to recall the rest of that stuff part Rica Costa Rica car America Berto Rica I think so you know [53:01](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3181s) that that trajectory I just didn't like a legal risk on because I was actually fronting a lot of the comments for the project and you see how that would change the legal exposure if I'd stayed on the teracle side and keep my mouth shut I could probably have kept the money but you know here we are so then I came along we started material and I've been chipping away at that problem for years right when I was at the Ethereum foundation we need to go talk to the legal community we need to figure make the contract legally enforceable I consensus we need to talk to the we need to figure out how to make the contracts legally enforceable couldn't get people by couldn't get people by eventually I'm just gonna have to do this ourselves because things like it takes a bit of effort just to get away from the focus [53:50](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3230s) on the token and really get to the idea of an actual contract that can be attached to a physical object oh all that open crop I mean you know it just turns out that securities fraud is incredibly profitable that's why it's illegal right people have a bunch of conceptual bugs and selling them naked risk they dumb bling for example has to be heavily regulated or your entire population will set their structure slot machines all day you know it's like selling them heroin right naked risk is just addictive to a lot of humans because they've never really been exposed to it in their biology and it's just you it pushes some kind of stimulus reward I don't want them become addicted but the biggest scam in of all type of [54:34](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3274s) scam in Texas right now it's cryptocurrency scams just people saying well I'm gonna make you rich the Attorney General here is just spending an enormous amount of time just dealing with things that yeah it's not really Bitcoin if somebody says we're just like that yeah and it's getting a bad rap to anybody dealing with crypto oh yeah I mean it's it's just butchery and this is all the stuff that libertarians don't get right you know it just turns out that you do kind of have to protect before from what themselves because we are unfinished imperfect beasts you know like it just turns out that what people can't tell whether they're taking an appropriate risks and that's you know teenagers Jo jumping between buildings doing parkour right the way up to people in their fifties and sixties spending their pension funds buying like time chairs you know you were just not good at judging risk and people are much better exploiting or poor judgment of risk than we are a having good judgement of risk so you know the mindset that I'm in right now is basically I've gotta build something which a billion people will use you know multiple times a day I'm gonna bolt as an engine of economic productivity to the long term of humanitarian research projects and I'm just gonna force this thing through capitalism and you know I can't over stress the level of nihilism that it takes for hindu clergy to wind up at war in the capitalist market for the resources to go and build housing for the poor right this is apocalyptically bound you know we there's this phrase in the internet people use like we are in the worst time line we are in the worst time line because for some guy that should be sitting in Chicago teaching Kriya yoga and to be you know head-butting his way through the crypto swamp trying to get to you know real industrial production by integrating crypto into systems like enterprise resource planning to try and raise the funds to get to the refugees before they die in the Sun you know this is horrendously bad and it's not like I didn't go knocking on every other single door first you know we got to this position where I'm fully engaged in market capitalism to try and reach the resources to do the humanitarian work because nobody is willing to fund real solutions and none of the entities that are acting in this space have any understanding of the strategic imperatives you know the climate thing [57:04](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3424s) is going to displace hundreds and hundreds of millions of people the UN is completely unprepared the nation-states are completely unprepared nobody's figuring out where these people are gonna go to they don't even believe it's happening right yeah [57:20](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3440s) um and at that point you can't mobilize the resources to solve it but you know the level of you know kind of apocalyptic nihilism that's necessary to get things done at this level it's just beginning to become culturally visible and there's an article by guy called jam-band el called deep adaptation which is hugg I don't know maybe a couple of hundred thousand reads 30 pages footnoted climate nihilism you know very very strong analysis and the default of tation paper is really causing a lot of people to wake up and freak out but they're still freaking out in the sort of personal feeder sensor oh no we're screwed the notion that you then have to become radically committed to actually doing something about solving the problems that is not a common awareness together and I mean you know we we've seen this ourselves right if you think about the shenanigans around world-changing back in the day world-changing was you know the premier global brand and community indeed for Putin together some kind of news story about it environment you know it's been what 20 15 years 20 years that's but in 15 years since we started yeah so you [58:36](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3516s) know we were in a position where we had the crown jewels on our hands right world-changing was the community that had the most likelihood of changing the Louisville narrative on environment and they failed right right money you know wasn't it appropriately commercialized didn't make the right set of decisions couldn't keep the giving you know lots of things went wrong um but if more of the people involved in that project had taken it fully seriously as the fate of the world partially depends on what we do here it probably would have succeeded you know we've been too soft for too long when we consider existential risk so the thing that we should have done with world-changing is we should have turned it into a membership organization right we should have had it look look at labor yeah we did flirt with that we talked about that a little bit yeah [59:26](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3566s) absolutely right I mean I was very strongly advocated for at the time and we should have down weld on it and it's not the way to do it now but it should have been a membership organization where everybody that was committed formally actually to personal change or environmental stuff you know we should have unionized and we should have unionized them because that's how we pay for the research right you know is it more important that I become vegan or that I change all the light bulbs in my house or that I bicycle to work or that I quit my job in the oil industry you know which one of these things is actually gonna help the world people have a really hard time making that decision because the analysis requires specialized knowledge and you either were not knowledge or for what somebody else tells you and then is that person telling you to you for your benefit or their benefit so we should have done this we should have collectivized the decision-making on environmental action personally and then we should have built forums for a community kind of raising of aspiration what runners do right runners running clubs because you run if you run in a club you know you'll go further and faster if you're being left behind by the pack that if you're running when you're running you get bored and tired if we done that for environment you know we could have had a federation which sat there and did the research like consumer reports that's the research or like you know any one of these kind of collectivise research institutions so the people would know what to do and you know you'd wear your badge and it would be oh you're also taking environment seriously you know how many of the 14 transformations you don't know you know I'm not 11 right now I've just moved to work so I walk to work every day getting rid of my car amazing well done yeah we're only on 11 we only start you know you're on sex we started two years ago you know that sort of an approach new social movements world change it was ideally positioned to do and frankly it could be started again tomorrow and it worked you know the people are ready for change they don't know what to do it might only be one or two percent of them but it might be five or ten percent of them you know everybody that's making their own sauerkraut these people are a community that could be converted they just need certainty that the sacrifices they're making are the rightness a crisis and the the real driver behind material right the reason that I'm willing to do it in this form rather than another is that what I'm looking for is transparency about the management over the material world right you were talking about things being kept in the dark [1:01:56](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3716s) yeah you know what's in your food you know where where do your drugs come from you know what what is the you know you could get weird allergy what is it you're allergic to you know I skin problems for years until somebody just walked me on the head and said no biological deterrent in order to the enzyme boom sudden transformation right and it was just this one piece of knowledge that I needed which you know was like small beavers significantly life-changing but you know why can't I tell my credit card never let me accidentally by biological detergent right if I if I'm not a checkout and you know I swipe my card and I make the payment and it flashes red and says hey you but biological detergent oh wait let me put that back right we've got the computer systems that could help us do these things if you've got peanut allergy the software that makes your payments should be able to communicate to the store here are the list of things of the person who owns that credit card should never buy and there's also things that you don't know that you should care about unless they're exposed you know unless unless they're in your face do the big things I'm talking about these days is automated morality right you know making the moral decision yourself every time is difficult and tiring you won't be able to just express what your moral preferences are and then have the software not let you spend your money any more always and you know blockchain has all the necessary architectural components for doing huh you know supply chain visibility you want to know that the tuna fish that you in didn't come from you know I don't know whatever is some horrendous practice right you want to know that the shoes you're wearing we're not made by Chinese prison labor you want to know that the company that you're working for isn't employing people in prisons as call center operators yeah with your real world world use case that you're working on now with the stratovarius it's a matter of determining how often the stratovarius will be pet played and ensure that it's played and played by the right people and that sort of thing all this kind of stuff right terms of a Stradivarius that's amazing because there's so many of them out there that will never see the light of day will never be played their investments that's right and that's part of what my understanding is of what you're doing with material is that you're ensuring that they'll be played yes I mean the so the Strauss project so I guess there's talk briefly about material that's right [1:04:26](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=3866s) so we figured out how to be exploring contracts legal enforceable and economically enforceable so if you've got a route to enforcing the contract but it costs you thirty thousand dollars to do in most cases you're not going to do that because it's just too expensive to do enforcement and that's where the blockchain smart contract fingers right now there's a well-understood enforceability paradigm called the Ricardian contract everybody you know is how it works but it costs you 30 grand every time you have a dispute right and those of those enforcement's are legal all over the world and nobody doubts that it works it's just really expensive so we came along to that and right ok we're not going to get in the world changed off the back of that model you need that model but you then need to do a whole bunch of layers in front of that so that you don't wind up with the 30 grand ticket every time that somebody forgets to deliver something you need other dispute resolution that will kind of divert the easy cases so only the very hardest stuff do you have to pay up front for and we built that tons of legal engineering lots of unconventional thinking you know heavyweight London barristers the entire thing has been a nightmare of learning how the legal system operates of what lawyers really do for a living and now know so much about the Nitty Gritty of getting things done the bike contract creation it's it's just my goodness gracious me the lawyers are a weird Bunch they're basically like programmers but if programming that started 600 years ago so they've got all of the weirdness that you get in software culture but they'll but they they do anything you know in suits and they drink a lot of wine and they talk about very complicated things and also there's not a specific entirety oh yeah like it's actually right you know they've all got their formalisms so then you say okay but so we've got this ability being legally enforceable contracts and we can move property rights around on the internet in the same with you we can move information right so I now have the ability to you know that essentially email you the right to a car yeah well we couldn't do that before okay we've got a new thing we can move around on the Internet first it was taxed then it was pictures then it was movies then it was music you know now we can send property please so then the question is well would you want to do with or we want it to be expensive things because we're living on the margin of the transactions and some of those processes are still not automated so we're gonna have to do some of the contract creation by hand the legalese will have to be custom for some things you know we don't have templates to do you've done it a few [1:06:56](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=4016s) times so we wanted expensive things and we wanted things that had a set of properties where the asset didn't live with its owners because if you want to take something and you want to divide the ownership up between five people or five thousand people it's much easier if they're not constantly fighting to hang it on the wall like you would with the painting turns out the expensive violins Fineman violins are almost never in the physical presence of their owners either living bank vault or their went to young musicians to play that whole field is going through transformation because the family office has owned a bunch of these things are not quite as into them as they used to be you know they're not quite willing to get rid of the family Strad but they're also you know that's a big chunk of their wealth and maybe they want a livery at some of that to go do something else so there's a bunch of transformation in the field and they're beautifully uniquely identifiable because you identify them by car scale so you've got your complete 3d model down to the fine grain of the object and you know exactly what you're dealing with so the objective on that project is that we want to over the next 20 years transfer the ownership of most of the world Strads to the classical music community first by splitting them up among the family offices another of high-net-worth investors types and then secondly by building the legal architecture which I think will get done this year might barely actually probably this year for using the crowdfunding stuff like IndieGoGo to be able to sell slices of the violins to the people that buy tickets to classical music concerts so over the course of two or three decades every time the instrument is played 30 or 40 people in the audience by a little slice of the instrument and eventually the instruments are completely owned by the community and you need very very strong governance it goes alongside of that so you don't wind up with some idiot who buys 51% of my violin and then plays it in the rain forest you know where the humidity destroys that its woodworm so you know you need strong protections that go along with democratization you need kind of a constitutional level that protects the stuff and then a democratic level that controls it and that Templi applies to all of our cultural heritage objects all the stuff which is in the hands of private collectors who are aging out and want to get rid of it and you know at the high end that's suits of armor and armor from the you know Classical period of various civilizations it's all the stuff that [1:09:26](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=4166s) was you know nicked by the British Raj and then you know stuck away in one warehouse or another and he's now coming back onto the market as people and decide they don't want it anymore there's a huge sort of historical churn and it's not clear who's gonna wind up owning this stuff so why not sell it back to the people and then let them govern so what I'm thinking is you mentioned timeshares earlier hmm seems like a perfect use case for this yeah yeah yeah absolutely right and all of this kind of stuff it's just sorting out sharing you know we had this kind of sharing economy bubble we gave it a shot it turned out that the sharing economy worked only if you had something to share and most people who were too poor to have anything to share you know I Airbnb if you owned your own house right then you are you know making money from Airbnb if you're renting a house and then you re renting room to somebody else all that you're really doing is making money from your waffle but there's more capability within the asset then it's fully realized by the limited ways we have of sharing and this is where the money comes from yeah right because the assets who have so much more utility when they're strapped to a nice digital system that enables them to be fueling you to lost and all this by the way is drawn from a Hindu political force if you called proud progressive utilisation theory and which is the in-house political force of a movement called ananda marga and the ananda marga guys are kind of like neighbors of ours there are two steps away from the nafs but they're definitely fellow travelers and progressive utilization through basically says instead of GDP you want national waste and the the reason that all that stuff matters is you know all of this material stuff comes from a clearer sighted model of how the world really operates than almost anybody has in the business world I regularly get into meetings with a bunch of people and you know the first twenty or thirty minutes of the meeting is identifying which dream world that person is stuck in and what things they are therefore unable to see and then we have to very gently tell them all the stuff that they don't know that they don't know and bring them into a condition where they're dealing with reality and you can actually make a deal like oh you're from the crafter world you don't know what the SEC does for a living let me explain to you what happened in nineteen twenty five right you know if they're from the banking world they have this weird [1:11:56](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=4316s) illusion that money is in some way the same stuff that it was 200 years ago and that nothing has changed no in the old days it was backed by assets now it's just backed by fear have you heard of a thing called the gold standard young man and you know you can't have to bring them to reality that process of making decisions based on reality I couldn't do if I hadn't done the meditation you know the hard core confrontation with your own death is the route to getting to grips of the real world you know we're all gonna die we're all going to get a certain amount of stuff done before we do and the facing of that as a practical fact you know requires basically drilling out through the bottom of the mind and then all the garbage in the mind drains out through the hole and doesn't vanishes into the void because once you understand that life is a temporary process that stops you start asking the hard questions about what you're gonna get done first what do I want to experience what do I want to leave behind and everything is legacy we're not going to be around to enjoy the fruits of our labors except maybe a few bits and pieces here and there the majority of our impact will be after we are gone and we all know that right if you're working on world-changing stuff if you succeed you're probably never gonna see it Gandhi's real impact wasn't in Gandhi's lifetime right um you know if you're working in the far future the odds are you won't be there and once you get really clear about you know you there there's no reward from the majority of this labor right you do it because it's the thing that you do because you are who you are we stop having a whole bunch of the distorting fantasies that make people ineffective you know I used to say like the two groups of people that you never screw with in business is anybody over the age of 50 and anybody that's got kids you know because the folks are over 50 you've just they've had it with your they don't care and the people that have got kids will basically kill you because it will help their child right a pony more often and I realized that there's a third category which is the career meditators who can just like Ray Dalio the guy that runs Bridgewater yeah 50 years or something of transcendental meditation practice maybe it's 30 years you know and you know the legend is that he basically just bores through reality deal with the mind that he built from the meditation practice is it true is this real well you tell me why this is real you [1:14:26](https://www.youtube.com/watch?v=4oAHwAnLfgU&t=4466s) know show me the proof and the you know they have this very very weird business culture because they're constantly trying to cut through the social games and get to the farm yeah that's too weird think that it's not too weird that people who don't meditate don't understand meditation but it is kind of weird that a lot of people who do meditate don't understand yeah that's seriously product ization right I mean you know I saw a yoga studio with a bright flashing neon sign outside of it in Austin I was just passing this bright flashing neon sign that said the word yoga it completely blew my mind right it's like Oh amazing right at our little Hotels has a poses and pints thing where you do some yoga and you get a beer it's like thoughts yeah there are names in Hindu mythology for worlds that work this way they get of that that's where we are right so you know the there is a lot more interest in meditation right a lot of it is productized crap most of the mindfulness stuff is like okay well you know as long as they start with that and then go do something more useful um and you know we need people that have done those practices that have that shift in perspective because they're the only ones that are willing to actually make a stand to do the work right I mean you guys are obviously you know well exposed to this stuff you must have gone through the 60s pretty much head on and we've got meditating for a long time you see right I think of all the decisions you've made in your life because of that meditation practice that another person wouldn't love are you talking about those fantasies that people carry with them and that's really that's manifestation of ego really you know people build a an unreal world within their heads and if they don't take time to just kind of let go of it and stand back from it they're never gonna know it it's unreal until they run out of resources you know I think that's why bankruptcy hits a lot of people so hard yeah is they maintain the bubble world to run them until the credit card stops working and that's that's where we are as a civilization is that the credit card is kind of not working because you just there's no more to draw out with the earth you know there's no more equity in the global system that you can pull down and you know that is the big force that's breaking us out of this kind of capital was a dream world as we --- Continues in https://guptaoption.com/texts/692-3.md (part 3 of 3). End of [692] Vinay Gupta:From Global Resilience to Practical Blockchain Vision, part 2 of 3. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt.