Oh, yeah, Chris, before we transition in the web to do want to give a quick, maybe review of what the genesis of the internet and what one we just talked about, and maybe reset room a little bit before we transition to web two.

Yes, sir. Yes, sir. We were. We started from day one of the internet, art net. And we progressed, we talked about the different transitions. Difference between the internet and the World Wide Web. How we got there. Before we go on to web two, let's just go over some essentials of web one. You know, it's advertisements on advertisements on webpage while surfing the internet. static pages. Content is served from the server's file system. pages built using server side includes or Common Gateway Interface, CGI. And frames and tables are used to position and align the elements on a page. So it's a lot of static information on on the server side. And, you know, the the year we ended up on, I lost my page here. We went all the way up to like 84. Yeah, I actually, I actually, I copied stuff and I printed it out. So I'd have my little notebook.

Awesome. Awesome. Oh, yeah,

I forgot back in back in 1996, Austin sold his first broken laser light. eBay is a little toddler. toddler is mom gave it to him, he broke it, she had to sell it on eBay. And we got it, we ended up falling into the yard started touching on Wikipedia.

You know, how much historical context we put around the first transaction of Bitcoin, and how, like a monumental moment that was for just just showing the validity of the network or of the idea. And, you know, that probably was a moment at that time, back in 1986, when he made that, but it was the first time that there was, you know, the credit card transaction through this mysterious internet on this computer that people still are struggling understanding probably don't even understand today. And magically, the money went into this machine and they had a broken laser pointer into their, into their hands and blocks just couple weeks later. So.

So let's make let's make a reference because I like to make stupid, ridiculous. links between things connections. So back then somebody bought a broken laser thing. Laser pointer on eBay for how much you think often $1.50 $1? I don't know. 80 cent was

one of the answers. So I can't answer this.

Okay. And, and how much how much was was Bitcoin when it first came out? Like, you know, everything is no fractions of pennies. Yeah, everybody's tells the stories of the $8 million pizza or whatever, like

it had no, it had no value. Actually, there's no liquidity to it. I mean, it was just, oh, they're just numbers. So I didn't really have $1 value we as humans inherited or value to it at some point.

Yeah. So you know, everything starts small, right? You got it, you have to know the value of what you're holding that key and it's been. So that's and what does that all tie back into Austin? Education,

education, education. That's why these spaces are hosted by the social BS University social media University, a dominant and pioneering work three NF T and cryptocurrency project. So go check out the social BS University, go to the website, social bs.io or go and read the go join the discord, it should be in my link in my bio, and just go directly to community and cardiac Chris. So I wrote something down recently at one of the events that I went to. And it was a guy by the name of Dan, which was Dan was a pioneer in web one. And web two, in the mobile game development at some point in the app store. And the top 50 games then had been the Pioneer creating about 36 of them. So Dan is a really intelligent guy, he understands a lot about computers and the progression of it. And He classified, you know, the progression of web one and web two and web three, as what one was information. So everyone was information. Basis of the internet, went to was interaction. So that was when, for the first time are predominantly that users were interacting with the web. They were interacting with information interacting with each other and engaging within the World Wide Web. And then we'll get to web three was highly classified it later on, but um, you know, just from off top your head. Oh, yeah. Chris. What were some of the key differences that went to brought it out roughly in the early 2000s timeframe?

One thing. So like I literally went one was read only pretty much. So the next progression I would imagine would be writing, but also like, what our spaces were about, well, in this one is do collaboration. Let's see, like more of a more of a software platform, the we're able to upgrade, you know, upgrade and move a little bit faster. You know, it wasn't just a static page, like I talked about earlier, so they can update things on the page. And, like more interactive and conversation, right, so web two, obviously, is going to produce a lot of different types of platforms out there for inter connectability. In interaction. It's not just you going i know, somebody probably yell at me for this, but I mean, like web ones, more like billboards, right? If you're going somewhere to, to look and see. And web to you're gonna go, it's more like, you know, a kid bouncy house, right? And go interact, kids bouncy house. All history, yeah. All right now.

What was what was crazy about web two, was that it gave the ability for an everyday user to create websites to create, you know, developed IP to create something utilizing the internet, whereas the web one was, you know, you had to go get a web server, you had to get a computer programmer, they had yet to get somebody to design the websites. And you know, a lot of the technicalities, it wasn't a very easy user experience. Whereas with what two, you started seeing the platforms, Facebook, Twitter, Pinterest, MySpace, you know, you have all these platforms that are developing, and it made it easy to go and create something on the internet, you're able to go and just create a Facebook profile page, as opposed to having to develop an entire website. And on top of that, you're able to interact with others utilizing that same platform. So your friends and family members started using Facebook and you're able to interact with them a lot easier. So it went through really brought about with the interaction, the reading the writing, and the collaborating, like you said, is amazing. A heck of a lot easier for the user to utilize it, the user experience was dramatically increased. And, you know, there's a lot of things that came with that Georgia singing pop up here, George, what do you think about went to that transition from what one?

That was a really big deal, because as you said, we have one was basically we only they were all written in hypertext markup language, I was we had to, we have to, they started coming out with other programming languages like visual basic tools that you can more easily create web pages, you actually have to know how to code and use HTML, to do web pages before that.

And it's clear that yours right is is the key component to that which will lead into the next, a revolutionary product that came out is intractability the ability to interact with something right? And it just keeps on progressing. You know, as in the future as we get into the whole reality in a virtual reality. It's the experience, it's a hyper, elevated experience. And, and we as humans, that's what we want, right? You know, so the more you can provide that, the more active and people will be with your the product that you're putting out there. Right.

Right. In the beginning, on those web pages, what you got was an address and a phone number. You can call somebody to buy or sell something from your webpage, I would we have to, they started doing online forums. And you're right, the interactive ability to, to communicate over the web. And not just AOL, CompuServe, but over the actual internet.

So there was a couple of things in Georgia that probably touched on this. We mentioned, the web one was really powerful about it was that the security and the ability that corporations are entrepreneurs can go and create something on a decentralized protocol, such as TCP IP, HTTP, so Google, you know, Amazon, eBay, all these big tech giants we have today. They were they had to comfortability in the security knowing that they can go and create a product on a decentralized protocol, and nobody can shut it down. Now, we move into web two, we lost a lot of that. Whereas entrepreneurs now or just users now are no longer creating their platform or their products or services, or even just the value interaction that they have with each other, your engagement with each other. Those are no longer predominantly based on the HTTP protocol, but using some of these big tech giants that are platforms. And as we've seen the rise of the Facebook and shortly after, drop the Facebook, seeing the rise of you know, Twitter, and YouTube and things of that nature to where we started creating. We use the services for an easier user experience, but we lost the decentralization part. They became centralized and the You know, what are these big tech giants sort of curating and extracting majority of the value that was created off of the users engaging on these platforms?

And often, you know, what words keep on popping up? We talked about them earlier, and we keep on saying them. And I think it's a huge thing for to bring adoption to anything, no matter what you're doing in life. In those words are what? They see insecurity, right? Like,

you have the green helmet, right. Yeah.

Because of the safety. Exactly. You see how it all ties back how that green house was going to be attendees. And the theme, the so what kind of popped up next on the timeline we're doing was it, you know, bringing the the single most consequential web to innovation, and that's, that was the the Apple phone iPhone, right? Because now you can do all these things. All these things were happening all just collaborate collaboration and connectivity, and interaction. And now you can do it in the palm of your hand. Right. And, and that's one thing. And if I want to tie into the safety and security and why, you know, as the bees, that's when we're doing the education thing that was the first thing that we would teach people and talk about was how to get to places and do things safe and secure, and not put yourself at risk. Because those two things are key in in anything. And, and that's why I've always people always, like, have arguments at work about it. And we joke around and have them on here too, about iPhone and Android. But when you saw the news reporting, when, you know, police were trying to get into people's phones, and you know, they were password protected, and they weren't able to get in there, whether whether whether they could really get in there or not. And the truth of that, I don't know. But just the thought of what I have me having that piece of technology and me having a passcode encrypted, you know, my facial recognition or whatnot. I feel protected and a little bit more secure. Right. That's why I stick with them. That's why I'm dedicated to them because I feel safer and more secure with them. Right? Whether whether it's true or not. I don't know because I'm an IT guru. But I feel that way. Right. And

did you just bring this to green homeless? He thought of that Hey, call yet Chris. I thought that was a great mistake. You thought of the days Apple iPhones. Would that without any it and computer. Backup Apple iPhones are the premier device for security and safety here, Chris, I want to comment on something. When it comes to the iPhone mobile web, it really didn't dawn on me until that Beverly said it just about 20 minutes ago or so. And she popped up here when she said that when Hotmail was like the killer app in Hotmail made it you know, so you have the ability to check your emails from personal computer. And I thought about that I was like, what, what do you mean, I read that scene that was about all my Hotmail. And I just skipped over it and didn't really process in my head when he said Hotmail was the first webmail service or something like that. And I was thinking when she said that I was thinking like, you weren't able to check your emails from home? How did you check your emails before that, and she said something along the lines of You have to go to the office. So bringing up the iPhone, part of it was it was almost like the same moment, when in 1996, Hotmail made the ability to check your emails from home on your personal computer, iPhone in 2007, in the mobile, you know, the mobile web, which was out before the iPhone, I imagine, but iPhones has pioneered it, their mobile web made it so you can check your emails, check their information on the internet, or whatever it may be on the go. So that was a next big explosion in growth because of that. And, you know, just kind of interesting.

I need to I need them to take that technology back. Because as soon as soon as the hospital they call myself and I got it on my phone. That was the worst technical logical breakthrough in in history. Because I don't want that crap. They can have it back. I don't want I don't want them to be able to contact me and email me 24/7 Please take it back. So we'll we're gonna we're gonna nail

sector, right Korea, Chris, George, while you're up here, you know, talking about that breakthrough from being able to check your emails or, you know, the usage of personal computers at home as opposed to the office. It was like a similar explosion or or similar step in usage of internet when it became available in the mobile web, you know, as it became available on the go, as opposed to just at home or just at the office.

And that was one of the breakthroughs with with the introduction of mobile web and mobile web usage. Prior to that, everything had to be either. There are some companies that I've worked with that you can actually dial up and get into the office to use Outlook Web or one of the utilities that we had for it, but you You know, it really took off once, you could do everything from anywhere.

They often. Yes, sir, as we, as we pop through this thread, what transpired between 2007 and rolling into 2008

the separation of state and money. In 2008, there was a historical white paper written by an anonymous character

if you're out there and you're listening, you believe in that liberation. Once you throw up some hearts. You're good, but thought some hearts if you believe in that separation, go on.

So 2008 the beginning of web three is an introduction to it was Satoshi Nakamoto publishes Bitcoin, a peer to peer Electronic Cash System, and predominantly aimed for the separation of state and money and, and triggered right after the economic collapse or recession of investment banks. And so his kicks off in 2009, January 3, the Genesis block in the Bitcoin Blockchain appears. So the first time that Bitcoin had was the first block mined, and created, so it was the genesis of Bitcoin January 3 2009. It's crazy. It's been over 13 years now. And January 12, brings the first Bitcoin transaction. Now, before we carry on, it says some of the further developments of web three, George and cardiac Chris Boyd up here, why was the genesis of Bitcoin? So historical? Or what? What was the power behind it? What was the meaning of that? And what did that take off? In those events? January 2009.

So if I, before I answer that, I just want to touch on one thing, like what Beverly brought up earlier, and Beverly, you want to come back up and elaborate on this, like your your feelings, but the fact that it's been around since 2008? And you know, right now, no regulation? No, no, nobody, you know, back then. 2008 910 11. And how many eyes were on it? Never, never been hacked? is a feat in itself, because, you know, everybody was going after it, you know, especially once it became something of value $1 Value? I mean, it was, I would imagine that I can't couldn't even fathom the amount of hacking that was trying to go on with that contract. And, Beverly,

well, are you talking about what the very first Bitcoin, the life of Bitcoin in 2008, basically, so, so what you're speaking about right now, I had to bounce off for a second. So

yeah, so just write the Genesis. I do see the folks who are joining now, which is really awesome. I see.

Okay, cool. So I'll just say this. I remember in a, in a class, a marketing class in 2008. I sent my class has anybody heard of Bitcoin? No, nobody had. And we talked about it. And I think it was Kenny's, and it was also really pretty nefarious, because it was being used on the Silk Road. You know, website, the guys in jail now I forget his name, who ran it. And it was all drugs and arms and stuff like that. It was pretty bad news, meaning there was the bright side of Bitcoin, which was wow, you know, we've made this breakthrough. And Satoshi, whoever that may or may not be wrote the white paper, and it's, you can still search on it and get it and see what it's about. It's only about a page long. And the idea of, you know, digital currency was born in a big way, there was also a taint to it in the very beginning. And I remember saying to my class, I don't even know how to buy it. And the whole concept of wallet was brand new. And so the idea that you had to have a wallet, Well, where did you even get one, number one, and number two, you had to give bank information to get your wallet because it wasn't tied to credit cards at that time, it was tied directly into your bank account. And there's no way I'm given, you know, my bank account, you know what I mean? So I didn't end up buying any bitcoin back then I just wanted to buy a tiny bit to see how it worked, you know, mostly, but that was my first part of it. Later on. And just FYI, fast forward a number of years. So UCLA we, I was the academic advisor for the UCLA blockchain lab. The first it was a student led lab, and myself and another instructor designed the courseware for the blockchain Certificate Program, which is still running at UCLA Extension. And Berkeley has one and everybody has one now, but so we took the we kind of separated the curve We're gonna see off of the blockchain and just focus on the blockchain technology for the certificate program. So that's what I remember.

A what's kind of funny is the way you you talked about how the feelings that you have, and when they say, link your bank account to this brand new thing that's strange and weird. And you know why? Why do I have to link my bank account to it? I love to just look back at these historical events and things that happened. And see how they connect. You know, same thing when you when you had to, you had to connect your your your you got your debit card when you first got debit cards, right? Oh.

And people said, I would never put my credit card number on the internet. Everybody said that, right? And yet, we were calling up Domino's Pizza. And they would say, Do you want to put this on your credit card? Yeah. What's the number 54337? You know what? It was great. You know, so you're happy to tell them on the phone what your credit card number is. But you didn't want to put it on the internet yet? And then you didn't want to connect your bank account to anything? Or I didn't? So yeah, you're absolutely right. And that's what I was saying earlier about consumer adoption, you know, it has to be natural, easy. When when Amazon came out with one click Mark shopping, right? That changed ecommerce for ever. Because suddenly everybody got it. I liked this, these shoes, I click here, I get my shoes tomorrow. Simple. You know, and it makes sense to people. And yeah, if I have to get my credit card, so what look at this convenience that I'm getting. And it was a value exchange that people were willing to do

to kind of kind of pop back to you know, we move on with three, but what to its exemplifies web two, and the fact of us as individuals giving our stuff away, right, like, my I grew up my dad, you have to pry his low security cards from his dead cold hand to find out what his number was. And, you know, wefew comes in, everybody's on their hand and everything away, you know, like, well, what's up here got overcame that you're somebody else was doing it and it was safe. Whoo, it was.

And at the time, the value exchange seemed even right, what it seemed like was, I'll give Facebook my psychographic information, meaning the music I like and where I live, and the car, I drive and my friends circle. And in exchange, they'll give me access to the world to the world. You know, and that seemed like a fair exchange, until everybody realized that these certain companies were taking that data and weaponizing it back on you. So in the beginning, that exchange was pretty fair, when it became when the algorithm started ruling the world. You know, I just said this to students today in a class, the algorithm is not your friend anymore, okay, it is not your friend anymore. So go out to all of your social platforms and take off all that psychographic information. Nobody deserves to have that, you know, you can you know what I mean?

No, anymore. If you in the beginning, it was it was great. And I actually, you know, in a sense, I like algorithm algorithms, because it gave me what I wanted. But right now, now, when the fuck was being there,

it turned on everybody, what they did was monetize it. Listen, if you were at Google, or Facebook, or Pinterest or anywhere else, it's the only smart thing to do. You've got all this data, this metadata, and the marketers want it, they paid millions and millions of dollars for that metadata over the years in the past, because you couldn't even get it people were freely giving it to them, why wouldn't they make money on it? You know, that made sense in two. And then we started seeing the dark side of web two, which was it's used against you. It's used politically, it's used social engineering and all of that. So it shifted. And that's why I think there's a big, there's more of an acceptance for the ideas around web three, because people are waking up to that, that this information has been turned on me. And what was a convenience is now kind of scary, you know, in a way, right. So, you know, do I want do I want strangers having my health information? And, you know, do I want I mean, just all this kind of stuff. And we started realizing, hey, wait a minute, this, this didn't turn out to be fair after all.

And, and that's right. And that's the whole point of why we want we want the people to take their power back and control. Exactly. So we control our data and we say where we want to go and what we want to do,

right I my tagline right now is owning your own IP is very web three. Okay? So you want to own your own IP, all of that is your IP, your intellectual property, all of that is your name, image likeness, and anything else that's about you should be yours. Absolutely. And, and taking that back is the promise of web three. And it's everybody's job right now in the early gays to ensure that it doesn't flip on people like it did in web two, right? Because No, I'm done on that. So anyway, that's yeah,

I'm gonna pop back off and get back on topic about what's in 2012. But I want to say I just want to touch on one thing you said. And that's I'm sorry, I called you Beverly. One thing that you said name and image and likeness. So think about how it just blows my mind, right? So everybody's been here in the news recently name image and likeness with college athletes, right? Let them own themselves, let them take that back, let them be themselves, and that the universities don't own that, right. They're taking the back from the universities, the universities are making millions off of them, billions off of them. And they don't get pison. I mean, they get a free education. I'm not gonna knock knock, knock knock on everything. I'm just trying to make a point. So you just started hearing about the past couple of years. And now you're here, you've been hearing it here, too. You may think, Well, who am I? What am I? What am I talking about my name image and likeness, because yours, own it, make people come to you to get it, pay you for it. Know your own value, we talked about that a lot. So you know, and this is a space where the athletes are gonna start taking it back. And you will a person can start taking it back. And whatever you do, and whatever you're interested in, it's, it's the time and the place is now. So it's, it's solely on you. Awesome, I'm not gonna do it for you. I'm not gonna do it for you. All these other web two communities, and people are gonna try to do it for you act like they're doing it for you. So they can still have a piece of you know, the difference. Know your value, know who you are, what you are, what you bring to the world, and take and take it back. And let's, we talked about this a lot. But let's be clear that the SBU down social media University, we're, we're big into self propriety and ownership. And we are more we enjoy more of the device side of things. And so, so awesome. Let's tell people a little bit about the difference between decentralized and centralized exchanges, right? Centralizing things is like Coinbase. And once you explain more about how the tokenization is controlled on there.

Well, so the decentralized exchange was something that was almost like a myth for a while. And until Ethereum, the second largest blockchain launch. And again, like I mentioned earlier, that it's starting to get its tenure around it, because it hasn't had a hack yet. So security has been tested. It's been successful over the last seven or eight years as a successful protocol. But Aetherium introduced smart contracts. And this gave way for the ability for other applications to be built, not only on the internet, but on the blockchain. So as Bitcoin, it's only capability, I guess, is for you to transfer Bitcoin peer to peer. And that's, you know, even in its white paper, a peer to peer electronic cash system. So it was meant for this was built for, whereas it didn't even give the ability for decentralized applications. And we've seen the explosion of a decentralized exchange application in 2020. Now, there was some other, you know, attempts to edit or there were some other protocols or apps that had developed some that were somewhat functioning or somewhat of a user experience. But the birth of uniswap and especially uniswap. version two, was a game changer for deeper than decentralized exchanges. And that gave the ability for people to transact tokens permissionless. And what we mean by permission, this is, for me to go and trade my bitcoin for Aetherium or go and trade my USDC for Aetherium or my USDC for Bitcoin. On Coinbase, I would have to be a verified user, I'd have to have my KYC my license would have to be uploaded, I'll have to take a picture or a selfie, holding up a piece of paper with my name on it and the day and get verified on there. It wasn't verified, and I can make my trades, my exchanges, but at their own permission. So they decide they're gonna go to routine maintenance. I have to wait. They decide that they don't want to execute that trade at two o'clock in the afternoon on a Sunday. That's up then I'm completely at the mercy as to when and if I'm allowed to trade my coins, which kind of defeats the purpose of decentralization of peer to peer Electronic Cash System. It was like a, we went back into some of the faults of what do now you get the decentralized exchanges. And there's no middleman. There's no one person that grants permission. There's no corporation that grants permission around the ability to trade your coins, you're able to utilize the code, and it runs completely on code and executes on code that no one can manipulate. And you can make your trades and anytime a day, at your own discretion, wherever you're at, and you don't have to be a verified user, all you need is a wallet. So what was a game changer about that is someone that's maybe in South America, they're probably not able to get a Coinbase account. So some of the tokens or Coinbase, maybe they liked them, but they weren't able to invest in them or partake in their offerings. Whereas when the decentralized exchange came about, it gave the ability for somebody no matter where they're at, to have access to this financial system with financial infrastructure. And they didn't need permission from anybody. They just needed. A essentially a Metamask wallet, but it wallet in and of itself. So there's a lot of ethos that gets behind it, for me is self sovereignty. You don't need permission from somebody, you keep control of your tokens, whereas on a centralized platform like Coinbase your tokens are in the control of Coinbase they keep control of them they're stored on all tokens are stored on the blockchain but the access to it they keep track through their own internal databases as opposed to when you have your your own wallet you know, that's stored in your wallet and you have access to that through your private keys and whatnot. So before we go too far in rabbit hole is its game changer from self sovereignty and permission this transactions