Thought I’d post a convo exchange from the Behaviour Exhange Telegram over the last couple of days, between myself James and another BEX supporter Peter - after I commented on this video on BEX’s Youtube channel of Lili presenting for Behaviour Exchange at the C3 Crypto Conference in Berlin last week.
https://youtu.be/JinMUs1o3coI think it looks well at some of the big-picture things with Behaviour Exchange, and the great potential it has over the next 10-15 years as blockchain technology starts a third tecnology revolution for the world - where new blockchain giants will arise, and in which the big slow-moving centralised companies that are in control of information and data now are likely to be left behind.
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James:
“Thank you Lovro. That was interesting. Lili speaks clearly and loudly and well under less than ideal circumstances to an attentive audience. Yes privacy and security of personal info and metadata and a person getting rewarded for sharing it is going to be a very big part of the internet 3.0 that blockchain will build, and hopefully BEX will be a winning part of that! Subbed to your YouTube channel too thanks. Good one!”
Peter:
“I agree, James. The reward and a sense that you are in control and own your digital fingerprint is a very attractive paradigm to us little fish.”
James:
Absolutely Peter - the privacy and control of your information and meta data will be a big driving force to slow but steady adoption of blockchain platforms and protocols and dApps by the general population - and when there’s some reward involved as well in using these platforms and dApps its human nature that people will choose the rewarded option over the current centralised internet 2.0 system that leaves you empty handed. And businesses will be keen to give rewards for customer loyalty and better sales. Win win all around! Hopefully BEX will carve out a part of that!
Peter:
“Agreed.
I'm sorta hoping that the giants in the profiling arena, whom I'll leave unmentioned, will cling tight to their 'selfish' methods re nondisclosure of their data on us.
This will allow companies like BEX to manouveur within this space and steadily grow, which is often hard to do in the shadow of giants.
Then one day they'll come to the realisation that they have lost a chunk of the market and need to modify their tactics. By then, BEX should have sent down deep roots.”
James:
“Yeah the giants could do this too, but as had been proven with history when new technology comes along the dinosaurs are slow-moving and not innovative and stick to their old model which worked best in the past for them - and they get left behind. But it will take a long time for adoption of blockchain technology by the general public, with the early adopter 1% like us and then the innovator 5% leading the way - and then it will catch on quicker and quicker with the 85% of normal tech users especially when the adoption goes over 50% cause people using the old system then realise they’re missing out on something new and the rewards, and finally the 10% Luddites will give up their old ways haha. And the dinosaurs will collapse and starve to death in 15 yrs or so I’d estimate.
It’s funny to think back just 10 years when Facebook didn’t even exist, and we were on MySpace - people don’t realise how quickly things can change!”
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