Video Of The Week: The Dangers Of A Centralized Internet

Amir Haleem, founder and CEO of USV portfolio company Helium, gave this talk last year and it explains why he started Helium.

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Comments (Archived):

  1. jason wright

    So in the nineties the incentive to dig up the roads and lay the cables (an expensive commitment) was the granting of the exclusive right to distribute the carried good, which as a monopoly has evolved over time to become a rent extracting ‘bad’ (although Chattanooga Electric Power Board seemed to operate progressively).So the incentive here is the Helium token, but what does one do with it? How is it of value to the holder? This is crux of the incentive to buy hardware and set up ‘shop’, but i don’t get it.Is Amir British? My ears are detecting something vaguely familiar wrapped inside the American twang, but i can’t quite get a fix on it.P.S. What’s going on at the Libra Association? The existential threat of the project to payment incumbents…

    1. Matt A. Myers

      I certainly hope it’s not in these company’s game plans for regulatory capture to give themselves exclusive rights to such decentralized system(s)…

      1. jason wright

        I don’t have an answer. I’m not clear about a number of things with Helium. I wonder how the first/ early mover guy in Vietnam sees it?

  2. pointsnfigures

    https://streetwiseprofessor… He isn’t totally wrong but as the link I posted shows, blockchain doesn’t mean decentralized. Dangers to blockchain too.

    1. Tom Labus

      That link is blocked because of virus or other not good stuff

      1. pointsnfigures

        Weird. On my browser it’s not blocked. You could search for it–>Professor Craig Pirrong, Streetwise Professor, Blockchain, Monopoly and see if it comes up. Craig is a PhD in economics who teaches at the University of Houston. He’s an expert on energy markets.

  3. Matt A. Myers

    Hope Fred or someone at Helium sees this:I’d like a company like Helium to help educate us on what known technologies exist that can combat or jam such devices, likewise, what technology exists for say a tyrannical government can use to detect such devices sending out signals – so they could triangulate onto them?E.g. Paint a detailed picture of what realistically using such technology in say an environment like Hong Kong in the present moment, and China could be mobilizing to implement/deploy such blackout technology to an area/zone they may designate for a massacre; God forbid.Replace the labels of “Hong Kong” and “China” with population fighting for freedom and tyrant, or whatever made up names you want.

  4. JLM

    .This reminds me of a guy standing at the edge of a burned building saying, “Note to self, check the insurance policy, and have sprinklers installed.”The centralized Internet is here and it isn’t going anywhere.As soon as everybody has shoes, somebody starts selling sandals.JLMwww.themusingsofthebigredca…

    1. Matt A. Myers

      What’s needed is an all-in-one, one-solution-fits all solution to lead lead, developed, provided that has failsafes and instructions explaining purpose of these mechanisms, systems – pitfalls with certain systems design, along with signals as canaries to watch for for society can know what to look out for relating to control mechanisms of bad actors, platforms, tyrant-leaning governments.

  5. Richard

    Never trust a movement based on decentralization / equality – when the profits of the movement are centralized / not uniformly distributed.

  6. William Mougayar

    “Most of the blockchain space is a sham…”- that’s a loaded statement.What does it take to connect to an Internet Point of Presence?

  7. Mike Cautillo

    Fred, is USV invested in Urbit??

  8. Richard

    No Smoking on California’s beaches !!!!Finally

  9. Martins Vilums

    same reasons why I love skycoin.com project! while helium is IOT driven, skywire is internet. Testnet is being rolled out in NYC (with servers and antennas) as we speak!