Well, I think every ally these days has its own doubts because President Trump is very transactional rather than focus on trust building.And so it's really about the art of the deal at the moment. And so so far
this question which of these buckets does the internet going is the internet mostly about economics it's mostly about transactional information and learning things finding out things for your business is the internet mostly catpictures and stupid stuff that people will do to amuse themselves but whatever we don't care as long as it's not political it's fine or is the internet
today the amount of dollar current uh dollars in circulation continues to grow about 6% a year and let me tell you the transactional currency that's not growing very much at all those are like up to 20s those people they're using we're using less cash than we used tothere's there's no question about that this is all in the the store of value so you took econ 101 you know there's two
So you get lower turnover. Transactional leadership basically says: let's align interests, I want you to do X and I will pay you more to do X.
One, back in 2017, there wasn't like any technology for hot, or warm, or basically what I will define transactional wallets. Yeah, cold wallets was security. Yeah, there were like concept of cold wallets.
or someone from the last century who thought that what's the most important thing for a company to do is to create customer satisfaction. And yet 80 percent of customers who are satisfied a transactional industry. And yet there are huge, huge companies out there who are now hiring us to go out and remake their whole program on retirement and their program on
It's forming an alliance. That's transactional -- you do something for me, so I will later do something for you. And so I talk about kinship.
So I want you to just kind of keep this thought in mind as we think again about how not only the cloud has very specific transactional arrangements that are associated with companies, but also our experiences of taking taxis, staying in houses, sharing media content via Facebook, for example.
You know? And for $99, what the heck. It's a transactional purchase. And so from a general consumer awareness, it's sort of either people are thinking, I need to know about my genetics for a disease state,
So it's very difficult for any one person to get 51% of the power once Bitcoin gets so large. There are actually transactional use cases for Bitcoin.
and how it is you find your first customers. your prosaic transactional requirements have a kind of counterbalance of things which are a bit more intrinsic and a bit more kind of interdirected.
and what the author meant by that is that there is no such thing as somebody who reads Wikipedia and comes away with just a transactional interaction because every reader can become an editor and a contributor and we're all changed by the experience of learning so that's probably my favorite wow that's amazing yeah so my second question is I
It's almost like having a thin layer of cloud-based computers all networked together. It is also a transactional platform, because we can validate transactions. It is also a decentralized database, because you can store information on the ledger.
But still, even there, they would have to imitate the voice of the entire session. They have transactional data from where you eat lunch with a credit card.
You are a fully functioning adult. Stop looking for the maternal or paternal warmth and love. This is just a transactional world. It's kind of a depressing way to look at it.
It was a very transactional sale.
But this is a transactional relationship.
or someone from the last century who thought that what's the most important thing for a company to do is to create customer satisfaction. And yet 80 percent of customers who are satisfied what I call "transactional alignment" which means that the entrepreneur or the company and their investors are on the same page, same business plan, and that's the basic.
that did Java-based transactional messaging system.
I feel like it's almost become transactional .
And it is a very transactional industry.
And we were given a transactional model of love from the universe or from the mystery or from the void or from god or whatever you want to call it.
and just a lot of the boring transactional stuff.
It was always treated as a transactional thing.
You can still be a transactional .
And the reason is you engage in transactional sex for things like cell phone, money.
cannot deal with children in a transactional way.
And they call it a transactional state capitol, and you don't even want to know what that really means.
or whether it was a transactional dispute over land, a big land exchange involving federal agencies.
It has turned human interaction transactional .
Jerry Holkins: It's just a transactional system similar - Mike Krahulik: It's a tip jar for your website.
Let's zoom out of just the tactical practical kind of transactional nature of asking for a letter of recommendation
It's not simply purchase and make it as transactional , but instead developing a relationship with the brand.
They're not-- I don't think they're there being transactional , and they're not thinking about going to get a high-paying job.
approach, very transactional , very external.
and then sell it like 60, after four years. But it's not useful for anything that is transactional . And there was no technology back then that was doing it reasonably well.
I tend to think of networking as very transactional -- one to many versus one-to-one.
Like nobody likes it because it feels very transactional .
So one way that I think of this is in a transactional system, it's like, here's where you need to be.
and it's all-- it feels sort of transactional and like, let's all be calm about this even though the stakes are terrifying.
I think society trains us to be mostly transactional , particularly in business.
So we have this huge managerial overlay that stayed transactional .
But your function is going to be more transactional and less creative.
or someone from the last century who thought that what's the most important thing for a company to do is to create customer satisfaction. And yet 80 percent of customers who are satisfied how they help their employees move from living a transactional culture to more of a long term transformational culture.
think Trump is a is a a here and now transactionalist. um he will want to respond to things that are happening in
America first mentality and his erratic, highly transactional approach to foreign policy is upending that traditional
So that was like the second big problem. And what we've developed is essentially a system that had both the transactional wallet technology that was suitable for doing transactions in near real time for people.
The problem is, is that when you're transactional with people, you can't really develop any sort of significant, intimate relationships.
but that leads to a fear-based, transactional relationship with god.
And you can actually realize that ownership and labor are actually, in a large sense, something of the past, right? Incredible amounts of money are accumulated simply by being some sort of transactional agent online. And I think that that is really, really important because that of course is brilliant.