Episode 100: Blockchain To End Fake News

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Episode 100: Blockchain To End Fake News

This is our 100th episode, a milestone in itself! We walk down memory lane and share our favorite moments of the show plus we also talk to David Liebowitz of Everipedia, which is the Wikipedia for blockchain but also an Encyclopedia for everything.

For News Break, we look back into the sad and funny moments of the show—the good, the bad, the funny, the embarrassing. Listen to this segment as we walk down memory lane and reminisce the moments that brought us to this milestone—our 100th episode.

For our interview with David Liebowitz, we talk about how Wikipedia works, and what an Encyclopedia is. We also listen to David Liebowitz as he contextualizes how Everipedia was founded—the Wikipedia for Blockchain but also an Encyclopedia for everything. Plus we talk about SEO, Fake News, and how Everipedia is different from Wikipedia. Since information is power, listen to this episode as we cover the importance of truth and how biases work.

Check out the page on Everipedia for Beards and Bitcoins Crypto Podcast here: https://everipedia.org/wiki/lang_en/beards-and-bitcoins

Bitboy’s Everipedia page is found here: https://everipedia.org/wiki/lang_en/bitboy

Time Stamps of Segments
03:22 News Break
11:55 Interview with David Liebowitz of Everipedia

Connect with Dave Liebowitz on Twitter and Instagram @davesaidthat_

News Break is sponsored by BestChange.com. BestChange.com is a directory of selected, trusted and reliable exchangers. Their website shows you where to buy/sell/exchange dozens of popular cryptocurrencies or purchase with debit or credit cards.

Monitor is easy to use, with no special knowledge or skills needed, and has an intuitive interface. Exchanging is easy as a pie.

With 2.4 million users per month and reviews that are left by real customers—they help you choose an exchanger. Visit BestChange.com today for more information.

This episode is sponsored by Monarch Wallet. Rule your own financial kingdom from the palm of your hand.

A team at Monarch is working hard to bring you the one app to access all the best crypto services. They believe in delivering tech, not hype. With the universal decentralized Monarch Wallet, you can buy, store, spend, and earn crypto and with Monarch Pay you can set up and accept recurring crypto payments.

Monarch Wallet and Monarch Pay are designed to make receiving and paying recurring crypto payments safer, faster, and easier for consumers and merchants alike.

For more information, check out and download Monarch Wallet on App Store or Google Play or head over to MonarchToken.io

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TRANSCRIPTION

Episode 100: Blockchain To End Fake News

Hey friends, we’re glad you tuned in to this episode of Beards and Bitcoins, a Crypto Podcast for the man’s man, and all you beard-loving ladies. In this vast kingdom of nerdy incels, two men stand out as different from the crowd. BitBoy and JChains were both voted least nerdy in high school and most likely to have a better than mediocre podcast. Join them each week as they discuss all the hottest topics in cryptocurrency as well as the fan favorite segment, Manspreading. So, make sure to hit subscribe and turn on those downloads. Here are the dudes Ben and Justin.

BitBoy: Hey everybody, welcome back to Beards and Bitcoins, a crypto podcast for the man’s man and the ladies who love them. Of course, as always, I am your co-host but with BitBoy Crypto. I am joined by my dog, JChains, co-host extraordinaire.

JChains: What’s up baby?

BitBoy:  Damn, dude. You’re frickin raw right now dude, getting lit over there, man.

JChains: Woah.

BitBoy: Whoa, whoa, if you’re watching the show right now instead of just listening like Chains is up here like flexing.

JChains: I just literally flexed. Those traps, baby

BitBoy: You stunting right now? Wow, dude.

JChains: I’m juicing.

BitBoy: Are you really juicing right now?

JChains: No, we had talked about this before I would entertain like a six-week cycle just to get back in shape and then from there do it naturally.

BitBoy: Yeah but the thing is they say you don’t want to do it if you’re not in shape. It’s like the Catch 22 if you’re a little overweight, you’d have some more problems doing that stuff you. They say it’s the best to use it when you’re like big but you won’t get big.

JChains: Swole.

BitBoy: So, everybody welcome. This is the hundredth episode of Beards of Bitcoins. 100 times I’ve sat here staring at your face. Well actually once, it was just me and it was our lowest rated episode ever.

JChains: how about that. Thank you to our listeners and watchers.

BitBoy: Absolutely, absolutely. Yeah, so we’re going to talk about some of our favorite stuff on the show, but we got a big interview for you guys a little bit later on with David Leibowitz of Everipedia, which is basically like Wikipedia on blockchain.

JChains: It’s the encyclopedia for everything. That is one of their lines.

BitBoy: For sure. Well, the hundredth episode is also sponsored by Monarch. The Beards and Bitcoins crypto podcast, brought to you by Monarch wallet. Rule your own financial Kingdom from the palm of your hand.

JChains: That is absolutely correct, Ben. The team at Monarch, they are working hard to bring you the one app to access all the best crypto services. These guys believe in delivering tech and not hype.

BitBoy: That’s right. With the universal decentralized Monarch wallet. You can buy, store, spend and earn crypto. With Monarch pay, you can set up and accept recurring crypto payments so you can get that skrilla.

JChains: Oh, I like that. So, if you need more information, make sure that you check out MonarchWallet.com or monarchtoken.io today.

BitBoy: That’s right. Well, let’s go ahead and jump into News Break where we’re going to talk about ourselves.

 

3:22 NEWS BREAK 

JChains: Alright guys, welcome to News Break. Today we are going to be talking about all of our favorite moments. Because this is our hundredth episode, all of our favorite funny moments, sad moments that we’ve done throughout the history of the show. But first, I want to let you know News Break is sponsored by BestChange.com, we will get into a little bit of information about them after the segment. So, 100 episodes, man. The good, the bad, the embarrassing, the funny.

BitBoy: Was there any funny?

JChains: I think we’ve had some funny moments-

BitBoy: Maybe so, I think so.

JChains: I mean, funny would be classified differently depending on like the users, right? Like, tell a story like, the second time we interviewed John McAfee. We actually called them on a cell phone, I had you where I was trying to initiate a three-person call.

BitBoy: Just say three-way.

JChains: So, I was trying to skirt around. Yes, I was trying to initiate a three way with you, me and John McAfee and I forgot to click over the merge call button. So, it was just me and him the whole time. And you were just waiting on the–

BitBoy: I was just sitting on the phone on hold the whole time. Like, man, it’s really taken a long time for him to get the set up. And finally, you come back and you’re like, “Alright, man, what do you think?” And I said, “Wait, what?” So, you did the interview, it’s like, yeah, so that was that was definitely pretty crazy. But then I had a really bad mistake where we had Richard Hart on the show where he was going to tell us about his project a lot of people know, pretty controversial. And we talked to them for an hour and a half. And I don’t know if you guys have ever talked to Richard Hart, most you probably haven’t. It’s like a real draining thing to do like no offense to Richard like, he’s a guy, okay? I will be careful what I say, I want to say like I love Richard Hart and everybody’s like “you Hex Schiller” I’ve never invested in Hex, don’t anybody do it. But it’s really exhausting and draining to like to spend an hour and a half talking to him and I didn’t record the whole thing.

JChains: We had to redo it again. So, we got two full sessions. It was alright.

BitBoy: Yeah, it was okay. It was okay. My very favorite thing about the show? All the other podcasters that quit while we’re still going,

JChains: Oh, man, so much capitulation in the crypto podcast, right?

BitBoy: So much, and you know what? We just keep on trucking.

JChains: We weather the storm.

BitBoy: Absolutely.

JChains: So, what’s your favorite moment of the show’s history.

BitBoy: Oh man, I got to say my favorite moment of the show’s history was when we were in Texas doing a livestream, did we livestream it? I can’t remember, whatever it was it was me, you in Stache. And we did put it on as an episode, and we talked about everything. And had a little bit too much to drink or a lot too much maybe. And you confess to us that you are actually the proofreader of Satoshi’s Bitcoin White Paper, and I’ve been over the moon about that ever since, man.

JChains: I got to say, that was just a fun trip. You with a cowboy hat, man. You look like Hank Williams, RIP, Sir. He just passed away. But that was just a fun trip. That was a fun time all around.

BitBoy: Oh, yeah.

JChains: I did confess to being the proofreader.

BitBoy: The proofreader, Yeah, that’s why it’s all like misspelled, like your analyze is spelled with “s” people think it’s because the person was British but was actually just because you’re bad with grammar

JChains: There was something else I said, didn’t I say that I understand Mongolian or Mandarin?

BitBoy: Mandarin.

JChains: Because it was translated from Mandarin. Yes.

BitBoy: You went on a whole thing. It’s funny like after it was over, you’re like, “Hey man, why won’t just cut all that out” that’s the best part. Yeah, we definitely had fun in Texas. But we also had fun in LA, we went from LA to San Francisco in the Crypto BitBus.

JChains: That was cool, man. That was a special day. I think, for me, it’s probably 100 shows that we’ve done. It’s probably the four or five live ones where we’ve been face to face. Those are some of the best content I mean, the synergy that you and I put together when we’re in the same room, it’s a little different than doing virtual but hey, you never know that may change.

BitBoy: I just want to know that I can just reach out and touch you if I want. No, I just mean, like, have a one like not in a weird way, just like pat you on the butt or something.

JChains: Yeah, let’s play little footsie under the table.

BitBoy: Play a little footsie under the recording table, yeah. But yeah, we met a lot of friends. We’ve had a lot of great guests along the way. We’ve had Roger Ver on the show recently, we had Pomp, we’ve had John McAfee several times. We had CZ from Binance on, Peter McCormack on, a lot of good guests on and I really think over the next hundred episodes, you guys are going to get probably bigger guests.  Maybe we should get some influencers on here.

JChains: That’d be good. I’d like to do some influencers, maybe some big guests that are not in the crypto space so we can talk to them whether they are reluctant, give us some information. So maybe you’re just your common everyday run of the mill celebrity.

BitBoy: Yeah, absolutely. Wait, are you talking about me?

JChains: Not a Beanie Baby collector.

BitBoy: Whoa, I’ve moved up from the Beanie Baby collector now that I’m on TikTok. I get recognized everywhere I go. Do you recognize this out Dakota?

JChains: You got your baby Tamagotchi collection?

BitBoy: While you guys are watching this episode, I got recognized at the Venetian and I got my whole trip for free. So, they’re paying me to come out there because I talk about the dark web on a child’s app.

JChains: While you get all your information stolen by the ‘chin-ers’

BitBoy: oh, that’s a whole different issue. Who knows? I mean, Instagrams, I got some secret leaked info. I got some info on Instagram’s new TikTok competitor coming out and it looks pretty nice. I’ve actually seen it now.

JChains: Oh, really?

BitBoy: Oh, yeah. And with all this push against TikTok and China. I think you’re going to see a lot of people move over, I think you might see a resurgence in Instagram because the one question is, if Instagram created Tik Tok competitor, it’s got to be high quality, but it also has to be high organic reach. So, you have to be able to get seen a lot. That’s what made TikTok so powerful. So, but 100th episode, everybody, thank you so much for supporting the podcast, listening to the podcast, watching the podcast on my channel, following us on Twitter or whatever the case may be. We really appreciate you guys; we’re here doing this for you guys. We’re not doing this so when the Bull Run hits, we become millionaires. I’m just kidding. That’s why we’re actually doing it, but we like you too.

JChains: I was going to say man, “Speak for yourself, Sir.”

BitBoy: So alright guys. Well, let’s go ahead and get into the interview. Very interesting interview with David Leibowitz and let’s talk about BestChange verse before we do that though, because BestChange is the sponsor of News Break. And it is a directory of selected, trusted and reliable exchangers. Their website shows you where to buy, sell, exchange dozens of popular crypto currencies, or purchase with debit or credit cards.

JChains: Absolutely. And the Monitor function is super easy to use. You don’t need special knowledge or skills, and it has an intuitive interface, exchanging is super easy.

BitBoy: That’s right, with over 2.4 million users per month. And reviews that are left by real customers are something pretty rare these days, they help you choose an exchanger. Visit BestChange.com today for more information. You guys like how I “Okey Dokey” you thought we are going to the interview but hey, you got to pay homage to those sponsors, they’re what keep us going, really. All right, guys. Let’s go ahead and roll the interview.

JChains: Alright guys. We are joined with David Liebowitz, who is the VP of biz dev for Everipedia, it’s just the encyclopedia for everything. David we’re super excited to chat with you today. How’s it going my man?

 

11:55 INTERVIEW WITH DAVID LIEBOWITZ OF EVERIPEDIA

David: Super excited to be here. Thank you for having me on guys.

JChains: Absolutely. So Everipedia—it’s the encyclopedia for everything, you can liken it to Wikipedia but on steroids a little bit more. I want to get into that.

David: It’s a cool Wikipedia, basically.

JChains: Yes, there we go. Steroids are not cool.

David: Thank you very much. We’re all natural.

BitBoy: Well, here’s my question if Everipedia is the Encyclopedia of everything, what is the encyclopedia? What is the encyclopedia, when you’re a kid, you’re going up you got the encyclopedia. You think it’s got everything in it, but it doesn’t. What does Everipedia have that it doesn’t?

David: I like to think of encyclopedias like this. Encyclopedias are meant to give context on a wide range of information. Now, that information can be traditional information like your estate’s, history, science. Wikipedia has done a great job of that. We obviously take a lot of influence from Wikipedia. But the problem with Wikipedia and a lot of these traditional encyclopedias is they don’t have everything and they leave a lot of things out, they have these standards and restrictions.

Actually, early on Wikipedia is cool. They had this camp of editors called Camp of Oozness, they’re like, “Hey, got a page, we can improve it” But eventually, like this Camp of Deletion controlling editors came along, like, “No, we need to have standards, we need a have notability requirements” and all this other crap and whatnot. Eventually, around 2010 the Camp of Deletion went out, and they missed this whole era of influencers, YouTubers, journalists, people that are searching for them, but they’re just not getting good results, they’re just like getting the proper information they need in a scholarly manner.

And that’s how Everipedia came about so we actually started as a normal website. I like to think of ourselves as supplements Wikipedia back in 2015. And we were in the up and coming, wiki and topics and culture. So, like I said, like influencers, YouTubers, Instagrammers. That was like our camp. That was our specialty. And then around 2017-2018, crypto and blockchain came along with Ethereum and ICOs, and we’re like, “Wait, is this something there with blockchain? Can we truly be a next generation encyclopedia if we utilize blockchain in the right manner?”

And luckily, our co-founder, Sam Kazemian, he already had experience with blockchain, he used to mine Altcoins in college, I used to be a big Bitcoin miner, he had a huge homemade computer and he started mining stuff. But he already had that learning curve and then he kind of left that to start Everipedia and then he kind of came around full circle again. And so you already have the experience. We got connected with the right people in the EOS community and by the end of 2018 we were able to raise a private equity around $30 million from Galaxy Digital.

BitBoy: Wow.

David: Yeah. Big stuff. We airdropped all EOS token holders. We are by far like one of the largest tokens on EOS. Now, they have made the most progress on the chain (inaudible 15:19) for sure and so we have Everipedia, the Encyclopedia of everything that’s on the blockchain. He likes to combine knowledge and market forces together. So, it’s all well by the IQ token. Okay, incentivizes its editors, rewarded for good edits, they submit tokens to make edits. IQ token is used to vote on other edits and whatnot. And then also, we actually have a second app.

So, we have a wider mission with every (inaudible 16:00) IQ token as the foundation of a knowledge economy that powers a family of decentralized applications. So, our second app is called Predict, which is prediction markets that we like to frame as knowledge markets. I like to think of it like this, if Everipedia is historical knowledge and past knowledge, people go to Everipedia or learn whether it’s about cultural topics, or like history or anything. We have all Wikipedia imported on our site.

But with Predict, they use the knowledge that they already know. So it’s future knowledge. So, they use what they know, to anticipate events and bet on outcomes and get rewarded for it and so the IQ tokens use there too. And user submitted markets with IQ tokens, IQ resolution process. People can bet on markets, like (inaudible 16:47) of course, and so we have a lot of things going on. It’s really exciting. I’ve been with Everipedia since 2016 before crypto was even thought of. So, to see this evolution from just this website, alternative encyclopedia to this like, company that builds world class DApps is like truly incredible and I’m really proud to be a part of it.

JChains: Absolutely. So, with the IQ token I know one of the things I had read is that I think in a previous position with Everipedia you were partnerships and exchanges that was one of your focus.

David: Yeah.

JChains: When you came in, were you guys already on Binance or did you spearhead that campaign along with OKeX?

David: Yeah. So, before I was Director of partnerships and exchanges in 2019, I got promoted to VP of business development this year. So, with Binance I have to give our co-founder, Sam, because I mean credit for that he really shepherded that he was the one able to get in contact with the Binance team. I was the one actually forged in a relationship with OKex. So, it’s a combination of both of us that ended up getting those listings and with both of those listings, I want to put this out there we paid no listing fees.

BitBoy: Oh wow.

David: They saw the merit of our project; they saw the potential in it. They start, they saw our team, they saw our plans, and they’re just like, “we gotta get these guys on here.” And so now, if you want to use our products like Everipedia, for an editor for Everipedia, or propose prediction markets on PredIQt. It’s a lot easier now to get IQ tokens on Binance to do so.

BitBoy:  Yeah, interesting. So, here’s a question I have. I didn’t know like, if that is considered a market like information on the internet, I guess it is. What can I share with you guys like getting web traffic? Like, if somebody looks something up. You have BitBoy Crypto listed. Wikipedia has BitBoy crypto listed like who are they going to? I mean, Wikipedia is going to the top right? So, what percentage of people are funneling like straight to you guys are not using Wikipedia?

David: Yeah, well Google, whether it’s like privately or publicly making donations to Wikipedia. So, like they definitely have relation

BitBoy: Really?

David: Yeah. You can look that up. They donate to the Wikimedia Foundation.

BitBoy: Wow that sounds totally backwards.

David: Yeah, Wikipedia in like the early 2000s they won the SEO lottery. I’m not familiar if there are other encyclopedias. I mean, yes, there definitely were other encyclopedias around but Google just liked Wikipedia, they’re like, “alright, you’re going to get the most SEO, lets bestow this crown on you”

BitBoy: Julian Assange, he was in Cyberphunks. He knew Satoshi probably, so who knows what they were doing underhand?

David: We got a lot of WikiLeaks too. But we’re growing, we have several million unique monthly users on Everipedia and what I love about it is like, the vast majority people who use Everipedia don’t realize that using a blockchain product, they’re just using a really nice modern, sleek encyclopedia to get their information.

BitBoy: Can we stop because I just got WikiLeaks and Wikipedia confused. I cannot believe I just did that. And I don’t mean to stop the podcast, let’s keep rolling. I just wanted to come back to this.

JChains: You fact checked yourself.

BitBoy: What was I thinking? That was crazy.

David: I thought you’re thinking about SEO Like how Wikipedia–

BitBoy: Yeah, I was trying to figure out how they got to the top but yeah, they’re there for everything. So, it is interesting. So, it does make sense that Google donates them. I mean, they drive a lot of their traffic, probably. What happens when Wikipedia pages get hacked? Is that the right word? Like, somebody after a sporting event will go in and change like “The owner of the New York Mets is now the Atlanta Braves” or something like that. Like how does that structure work with Wikipedia?

David: So, with Wikipedia, like anybody can edit it. But usually it gets reverted back right away because that’s how their community is. But I think that brings up an interesting point that all wikis and online open source, open contributions, like Wikipedia is a problem that they face is that they’re living documents. Like they’re not like a news article where like, publish it, and that’s it and editors looking over what they’re publishing, whatever. No, like these things are constantly updated. So, I’ll give you an example. So, remember back in 2015, like with the University of Virginia, rape on campus—

BitBoy: Oh, yeah.

David: That was huge news and like, Rolling Stone and like a huge investigation, there’s a Wikipedia page to read about it. And for a while Wikipedia said that article was true, but it turned out the woman was lying the entire time which is a true shit. Honestly, like discredits, like a lot of things. But anyways, so it was proved false. So, they had to change the wiki saying like, “oh, it is false.” So, what I’m trying to say here is like, all like these Wikis are living documents. So, whether it’s somebody vandalizing or something that was true but then proven to be false, whether it’s Wikipedia or Everipedia, these pages are always going to need to be updated and that’s what the community is there for.

JChains: Yeah, and one of the cool things we talked about before we started recording, was that one of the big differences between Wikipedia and Everipedia is that if you have your own page or if you need to edit something about your page, you can do someone Everipedia unlike in encyclopedias, which is good because if someone says something false about you, it’s nice to be able to get it corrected.

David: That’s one of the biggest complaints about Wikipedia, celebrities, academics, they all say that, like “Wikipedia has my page wrong.” And then like they try to go in and they’re like, “Oh, no, you can’t edit your own page.” And then they hire someone to do it. And they’re like, “oh, No, like, this isn’t a notable enough source” it’s an absolute mess, like it should be way easier for it to correct information in this day and age.

BitBoy: Yeah, I agree with that. And I think this is a larger kind of societal point here with talking about information being living and things like that. Like, I just always think about how people accept things at face value, and they say, if you read something, and it says, “This is true” or if it’s like a fact checking website like “this was proven false” like, over time, that may change and I think that example you gave of the rape case is a good example, like the people that read that would have said, like, that is a fact and that was the information that was given to them. And what we perceive as facts change over time. If you look at science, like science is the best example of this. If you go back 100 years ago for what they believe certain facts were, now we’ve been able to prove the exact opposite in many cases, nothing comes to mind directly, specifically. But I do think that we’re really moving to like this weird place in the world where everything is so fluid, like, everything’s so fluid and we’ve got all these giant information webs.

David: The truth has always been fluid and subjective and I think fake news is like a big buzzword, a big problem now. So that’s one of the problems we’re tackling head on.

BitBoy: What was the word?

David: Oh, Fake News.

BitBoy: Oh yeah Fake News.

David: Yeah that’s a huge problem nowadays. That’s one of the problems you’re tackling head on and Everipedia and Predicts and I think prediction markets are super relevant to that as well because you can’t argue with prediction market results. But I like to put it like people lie, numbers don’t. So for example, let’s say Trump is trying to post his polling numbers saying, “Oh, like, I have over 40% 47% of my approval ratings. It’s a big leap.” Blah, blah, blah. But let’s say we have a prediction market about, well, Donald Trump’s presidential approval rating is above 47% it’s now at like, they’re right there, you have something on chain that completely counteracts that and people can like source that for the record. Prediction markets, I think are going to be a huge tool in fighting against fake news, you actually have Facebook coming out with their forecasts. Have you guys seen this?

David: I don’t think so. So, this is what Facebook had projects like for fund projects, but they have their own prediction markets. And so, a big problem with Facebook, it’s like they deal with fake news all the time being spread throughout their platform. So, they are saying they’re like, have these like betas of prediction markets out as a way to fight fake news because you can fight, but the result of a prediction market, like there’s money on the line, there’s people, the wisdom of the crowd. So, I think in the future, you’re going to see the prediction market really prominent. I mean, look at Augur, Augur has above a million-dollar market cap, it’s top 50 CMC coin. So, there’s just a huge potential for prediction markets. We’ll see what happens with Augur V2 coming out on July 28. Like how much of a significant improvement that is, but there’s just like just huge potential in the whole fiction market space both and I think doing it on blockchain, just how Everipedia is the next generation encyclopedia on the blockchain like, same thing with prediction markets.

BitBoy: Well, when it comes to these prediction markets, you said something, I forgot the little buzz phrase about the collective agreement of people when it comes to specific things. What did you say that was?

David: Collective wisdom of people?

BitBoy: Yeah, well, can’t that be wrong, though?  I’m just trying to see like where’s the empirical where we say, Okay, this is actually legit?

David: Yeah. Same things, there’s a prediction market that’s a lie. So, like, let’s say the majority people think like, we’ll just go back to 2016 for example “Oh, like Hillary Clinton’s going to win the election.” So then later people are like putting it, (inaudible 27:16) and be like, “yes (inaudible 27:18) that Hillary Clinton is going to win” but actually the opposite happened, Donald Trump won. And so, everybody, the underdog wins everybody that brought like the no shares on the low ended up winning the market.

BitBoy: Yeah.

David: So, it’s kind of just like another way of judging the wisdom of the crowd and if we’re looking to actually implement Oracle, Everipedia Oracle’s in the future, like so the results are like signed on chain so they can truly be indisputable. You’d never going to fight through fake news like 100% you never get to completely eradicate it, but you can just like give the best information possible for people to make their own judgment. Let’s face it, we all can be easily manipulated, we all have emotion, we all have biases, we just got to be able to give people the best access to the best information out there.

BitBoy: Yeah.

JChains: I like that.

BitBoy: Yeah, and I think one problem I really see in the world right now, like all together across every possible facet of life is there’s been such a confusion between facts and opinions and I think that’s really been sped up by blogs and social media, everyone’s able to get your opinion out there. And if you disagree with someone’s opinion then you’re always going to be correct, obviously, in your own mind, but now you’re going to take your personal thoughts on things to note like this is a fact. Like when it comes to morality, and the way that people look at each other or the way people judge other people, like, there’s still opinions, like morals are opinions, unless you might be a Christian, you might be a religion and say like, “My religion says, these are facts” or whatever.

But outside of that, like morality is relative and it’s just really weird when we go through times as a society where people are trying to force their opinions on other people as facts. What is the role of a site like yours, getting information out, like, when it comes to like controversial things? Because if there’s a topic that’s really controversial, like an event that happened that was really controversial, like how can you write an objective article about that’s like, no bias at all? When it seems, facts are really hard to determine.

David: Yeah, so before I was VP of Business Development and director of Partnerships and Exchanges, I was actually an executive editor, I got started in Everipedia, I was writing the wiki pages. And so, when I was writing, I had to keep in mind, I have to write this in a neutral tone. And so it’s all about writing in a neutral tone, all about giving the reader a chance to make their own judgments. So, give out all the information out there from both sides, which is really hard.

JChains: It’s got to be so hard, especially if it’s something that you’re passionate about. Because if you’re passionate about something you know that you’re going to talk a certain way about something and anything opposition to that it’s going to be a little different.

David: Yeah, exactly and that’s kind of where other contributors play a factor. So, let’s say you need a little bit more that way and somebody can bring you more to the center. What actually is a center, honestly? All this shit is subjective enough. You’re never going to be 100%. unbiased, you can be only as close to unbiased as possible and give like the most relevant information possible about any given subject for people to make their own intelligent judgment about a situation. I think a big problem now is we live in this I call the “Impression Industrial Complex” Everybody cares about getting engaged on their tweets, everybody cares about getting clicks on their articles. No one really cares about the substance of that information. You see a lot of old school media guard that were once highly respected. And now they’ve kind of just gotten just down in the dirt in these squabbles basically like trying to just get clicks and generate controversy because they know what they’re doing.

JChains: And you see that with the news.

David: Many people reacts and that’s because the more reactions and usually negative reactions garner more reactions than positive reactions because more impressions, more clicks, more ad money. It’s a very unhealthy model for public discourse and I’m really looking with blockchain and micro-transactions, and people actually start paying for content in some way. I think that could be one way to mitigate this in the future.  I see one thing is sub stack, people have their sub stacks and like, they offer it for free and then they have like a pay thing, like I see kind of funnels happening, like, oh, like, “some of our articles are free, but then if you want, like, more in depth reports, or like, in depth books on topics, you have to pay for it.” So there needs to be a rebound of the quality of information. I think, like, we’re going to have to start paying for it again. We pay for Netflix, we pay for media already, like why don’t we pay for something like, as important as this.

BitBoy: It’s a good point. That’s a great point.

JChains: Brilliant point.

BitBoy: That’s why we’re getting crappy information out there all the time.

David: People are so stressed on social media. I hate looking, I love Twitter, but I hate it at the same time.

BitBoy: I don’t even go on Twitter anymore. Really. I mean, sometimes go in there. There’s so much hate on Twitter, it’s really unbelievable and it’s like whether it’s political or whether it’s about crypto or whether it’s about this person or that person or whatever. It’s just stressful seeing people hating each other.

David: It’s a manipulated platform. I don’t know if you guys heard about the Twitter hack a few days ago, right? Y

BitBoy: Yeah.

David: Basically the person who hacked in basically had the god keys of Twitter, they had the master pedal and they literally had the master pedal (inaudible 33:40) blacklisted, so and so blacklisted in for years, they denied saying like, “oh, like, we don’t blacklist things.” But they’re listing things.

BitBoy: I need to look into that. You’re saying that’s going to get leaked out because of this whole thing?

David: It already has been leaked.

BitBoy: Oh, that’s huge. This is what I like to talk about. I love talking about social media and the lies of these platforms. And so that’s to me like when it comes to liberal and conservative, I think that a lot of people agree that everyone hates CNN, like CNN gets the worst rap and the reason for that is because the reason for that is because they pretend like they’re in the middle and everybody looks at them and says, “You’re not in the middle, you’re not even close to the middle.” MSNBC, they’re like they’re really liberal and they’re like, “we own this” and then Fox is like, “we’re really conservative.” They got rid of the “Fair and Balanced” slogan a while back.

So, people that watch that, they know what they’re getting, and then people that watch the other channel, they know what they’re getting. With CNN, they get like this really weird kind of warped, like, “is this supposed to be in the middle, isn’t it?” I think that can be confusing to people and when it comes to social media, we see the same things. You have these platforms that say that they’re neutral and we all look and see that they’re not. We know that they’re not neutral. And we know that they blacklist stuff and shadow banning. You can’t tell me that shadow banning people on any app is not like, antitrust might not be the right word. But they’re lying, they have secret…

David: They’re a publisher, not a platform if they blacklist like that.

BitBoy: Yeah, exactly. It takes him away as a mediator or whatever it’s called. Right?

JChains: That’s one of the things that Trump had said a few weeks ago, right? It’s like, if you’re going to act like this, we’re going to teach you as a publisher.

David: Absolutely. I think Jack actually recognizes the problem.

BitBoy: Yeah, I like Jack

David: Yeah, I like Jack too. I think people know they associate the man with company of course, like he’s the founder and everything. It’s such a monolithic machine. It’s huge. There’s so many different moving parts and there’s so many different battles that we don’t see inside of it and I think Jack is on the right path and he said like I like recognize like decentralized platforms when we problems the future and that’s why we want to like make a decentralized form of Twitter and he said that several months ago like “we’re starting a project to make decentralized form of Twitter” he’s ahead of the problem it’s going to take some time to get there.

BitBoy: I don’t know if he will get there. I think he’s mentally is already there. I think that his hands are tied. He can’t do anything.

David: He’s there mentally but like-

BitBoy: Yeah, it’s going to be hard for him.

David: He’s fighting so much like he was fighting a corporate like prime takeover a few months ago, like, that’s some cutthroat shit over there.

BitBoy: They make no money like how are they even still open? How is Twitter still even a thing? They make no money at all, pretty much.

David: Probably the most influential plot like social media platform around like, remember last year or two years ago, Kylie Jenner tweeted “Hey I don’t use Snapchat anymore”

BitBoy: Oh, yeah. I remember.

David:  That one tweet crashed Snapchat.

BitBoy: Yeah. But Twitter is great. I like her. Yeah, it’s a love hate relationship.

JChains: Crypto Twitter is different than just Twitter

David: It’s so funny. Oh my god. But yeah, I mean there’s some good tweet I got on crypto Twitter but it’s like it’s just kind of entertaining just because people don’t take it seriously and like sometimes don’t take life too seriously. And it’s just really just these anonymous accounts or just like the whole anonymous accounts like concept on Twitter. The other day I saw a Nobel entry in biology. Answer this like really in depth right about Coronavirus and he referenced like “Gummy bear. You’re absolutely right.”  The account’s called Gummy Bear or something.

BitBoy: Oh my gosh, that’s so funny. Yeah, I mean, there’s good information on there. I don’t know how sustainable their business model is. I mean, they do ads but I mean it hardly anybody does those, they are very ineffective. So, I don’t know what will happen to Twitter in the long term, we’ll see.

David: They both buy in and shut it down and that opened the way for TikTok

BitBoy: Open the way for me, baby.

David: Yeah.

BitBoy: All right, guys. Well, I guess that’s going to wrap it up today. David, thank you so much for joining us if you could tell everybody where they can find you at?

David: Yeah, so you can find me on Twitter @davesaidthat_ You can find me on Instagram @DaveDoingThings_  If you want to connect with Everipedia, it’s Twitter’s @Everipedia, Instagrams @Everipedia official, Telegram @Everypedia to join our group. Predict, join our
Telegram @Predict or Predict Twitter is Predict_Network.  Thanks.

JChains: Nice, you got your birth birthday coming up next week, right?

David: Yes, I do.

JChains: Happy early birthday.

David: Thank you, I appreciate it.

BitBoy: Nice. And hopefully by the time we have you on the show, we’ll have the Beards and Bitcoins Everipedia up and the BitBoy Crypto.

David: We’ll have it up as soon as it is released.

BitBoy: Awesome. Alright. Well, thank you everybody so much for joining us. It’s been a great episode. You guys make sure to go give him a follow. And that’s it. We’ll see you guys later.

 

Thank you for listening to the Beards and Bitcoins crypto podcast. If you enjoyed this episode, please make sure you are subscribed on your favorite podcast platform and help us spread the word by sharing your favorite Beards and Bitcoins podcast episodes on your social media. Also, make sure to follow us on Twitter @BeardsBitcoins to participate in the weekly poll, chat and share fire memes. Oh, and don’t forget to visit our website BeardsandBitcoins.com for more episodes, information and Merch today. See you next time.

 

Episode 100: Blockchain To End Fake News

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