For those looking for security, be forewarned that, there's nothing more insecure than a political promise. Welcome to Keith's night. Don't tread on anyone today. We have Jeremy Kaufman. The CEO of Library. He is also the founder of top scorer. Mr. Kaufman. Thank you so much for your time. I am thrilled to be here with you today. Keith. What is library? Library is the future of digital content and how we shared and how we publish It so it gets it does tend to get a little bit
nerdy a little bit fast. So I don't know how much we want to do that. It we Library does to publishing what Bitcoin did to money. We're trying to create systems that allow YouTube like experiences, but without that single point of control without there, being one company that that owns the network, which is, of course, very relevant, with, with current event. So that's what library does. Is it technology. I will also say, well, first of People are hearing about this for the first time.
They should go and switch. Right? Like, stop watching this video on YouTube and go and watch it on Odyssey. Oh, dys e.com, which is the best way to use Library the library sort of like Bitcoin Odyssey. Sort of like coinbase that maybe that's debatable that coinbase is the best way to get Bitcoin, but obviously is a really easy. It's the easiest way. It's a YouTube alternative. It's a YouTube successor. It's a better YouTube. And you don't need to know all the nerdy stuff.
You can just type in that domain. Main pop on this video over there and and just be free and be safe from some of the things that you might run into in other places, but if we want to get into the crazy tech and and how all of it works and Library, I'm happy to get into it, but I do like to say up front and make it really clear for people who might not care about all that. You can just go to Odyssey.com and have a better experience today and not need to understand
all the complicated stuff. Now, there was already a website that allows us to watch videos YouTube. Come, why did you create Odyssey and Library if we already have
YouTube? So because yeah, you know, it wasn't it didn't actually take recent events for for YouTube to kind of stink, you know, YouTube takes a huge cut of the money that's being are about fifty percent of every dollar to move videos from place, a to place B. And when you build on YouTube, you are building someone else's business. You are giving them the keys to your business. We're seeing in recent times. Why?
That's such a concern, not just a business actually, so it's not just, it's not always a business. It's a, it's a relationship. It's everything, right? It's, it's the content that you make at your art. And you're saying that, like, you're giving this, this other company control over all of it. All right, and I think that that's dangerous and a bad idea for some of the reasons that,
you know, we're seeing today. So that the fundamental idea is to create a more open Freer, Fair Way of publishing and Changing content via a blockchain, basic knowledge. Okay. Now, the good thing about YouTube is, they are constantly making sure that bad ideas are not spreading like wildfire. Protecting me from that ideas. Just as I would want a restaurant to protect me from poisonous food. Why should we Embrace sort of a free speech Wild West platform instead of a nice structured?
YouTube intelligence agency collaboration that keeps our mind safe. Yeah. Well I I'm not going to deny that if you want to use library in a wild west kind of way that that's possible, but I'd actually say that our intent is not to be edgy or to be putting provocative things in people's faces are. Our goal is to give people choices to let people make choices for themselves about what they want to watch.
Like the because, you know, you can you might, I think it's totally fine to agree that some of the content that's being taken down is not the kind of thing that you want to see. It's not the kind of thing you want. Be looking at like that's that's an opinion people can act where we should go get concerned. Is that a small number of people that we don't trust in any other circumstance, right? Know if it's anything other than deleting accounts? No one trusts Mark Zuckerberg, right?
We all does. He's the guy who called us, you know, dumb fucks behind behind closed doors, right? And like regularly acts in a way that is extraordinarily evil. And then, we're like, please save us. It's like, it's a terrible idea to be asked. To give these people more power. That's not me saying that people shouldn't, you know, because I believe people should have filtered experiences should have experiences that aren't putting content in their faces that they don't want to see.
So our goal is to give people choice. It's not enable, you know Edge Lord type behavior and towards might use it in a way that said, flirty. But Edge, Lords can send Edge, lordy emails, right? Like, you know, we don't think of email as a provocative technology, because I'll you Can't call someone else up and delete email, right? Like, that's it's normal, that, that you can't call someone up, right?
Like, try giving them. This kind of control is the weird thing and we're saying that that's a bad idea. And let's move back to the people having more control. Now, let's say that I look at the average person that goes through 12 years of, you know, kindergarten through high school. And it seems like for a lot of time and a lot of money after University the Opportunity cost seems like, they don't get a great amount of bang for their buck. And I'm speaking for myself.
I love school and I love my friends. But at what cost? I mean, that's a lot of freaking time. Am I able to pursue an education on library? Or is it just Edge Lords and Cat videos? Oh, no, that's so. And you can find lots of educational content. There's even a lab category on Odyssey. And that's another thing that Odyssey lets us do, is it lets us do some more categorization compared to the decentralized? Sign of Library. So you can find, you can find
all kinds of things. It's not as I'm saying, it's not just that it's not just the content that might be getting in trouble on YouTube. I would say that's, you know, a fraction of a percent of the content that you're going to find on Library. You find lots of educational stuff, cooking videos like and we're talking about 10 million, go approaching 10 million videos.
It's there's all kinds of stuff available on the platform and in terms of Education, you know, I would I would say You know, I so I went to high school in the late 90s early 2000s and I was able to be on the internet, basically at that age and a little bit younger. I mean, I guess actually even like mid 90s were talking about and it was so educational for me, right? I share a love of education but a lot of that education was coming on the internet, finding
weird. Interesting, people doing things. And I think that a lot of that stuff which was like, you know, I am Excited. Plenty of which I didn't disagree. Do not end up agreeing with over time, but it's like that that era of the internet is like is really going away. Like these social media sites. Have been come become very
corporate with the same. Kind of rules that you would see for like, your cable television standards as to, you know, what you could do. You have to be enforcing The Establishment, the mainstream opinion, and I think, and a healthy Society, there's voices that are always being critical and asking questions of those kinds of things. Now, the Odyssey is Obviously terrific for videos, I love
scrolling through there. Is it just videos or am I able to upload ebooks and PDFs as well to increase the amount of educational access? I have? So Odyssey is currently only just videos. Although I do believe if you upload through another interface, they will show up in your channel page specifically still for other people. We're considering how we want to handle this on how to see part of the reason we created Odyssey
for anyone. I've anyone who has been around longer, a winner of everything was just called Library. Darcy for a couple of reasons. One was, we think we actually regret calling Library TV Library, dot TV. We don't regret making it, but we think we have. It was a mistake to put the library name on something. That is not really decentralized. It's interacting with a decentralized network bits. Like if you go to bitcoin.com yo, you are on bitcoin.com.
You're not directly interact with the Bitcoin Network, right? And so we can't we name it Odyssey both to begin moving away from having the the web one's name that. We also wanted to just more to make a simpler experience. And really directly say this is a better YouTube. And so we some of the areas that were a little bit less YouTube like we tweak them or stripped of them. We may end up putting some of that stuff back in time.
That's kind of stuff. We're still figuring out how people react to the to the product but the reception of Odyssey has been super positive. We're seeing like a million people, a day use it. It's been and just I look at Stats all the time. People are using it for longer. They're coming back more frequently, you know, then, you know when it was Library, not TV.
It's so funny because even when I find a good video on YouTube, I'm like doing everything I can to find the Timothy McVeigh discussion that took place at a bar on a security camera and all the related videos to the Oklahoma City. Research were James Corden. Carpool. Karaoke Conan O'Brien reads, book out loud. Yeah. Like I finally find something and the related videos are just nothing which 10 years ago. I would have been on YouTube all night hitting related. Really. It's so fixed.
It's so corporate. That's why I can't thank you enough for creating stuff. This is what they want to amplify. Here. You go to YouTube. If you want to watch your clip of Gordon Ramsay or Stephen Colbert. It's not a place to find independent voices or independent thought anymore. The Brie Larson effect was just amazing. I don't know if you remember that, but it was just like Brie Larson gets a chance. Like overnight hundreds of thousand subscribers and
millions of views. Like it's so fake that to watch. It's like, you can't even enjoy it anymore. I didn't know where I was going with that. The Brie Larson thing has been pissing me off for him. Okay, there's something in economics called a network effect. This is the phenomenon by which the value or utility a user derives from a good or service depends on the number of users of compatible products. In other words, so as much as I like this idea.
All my friends are on YouTube. All my friends are on Twitter. I'm just going to stay with big Tech if I have that mindset and that sort of network effect incentive. How can I easily merge over to Odyssey and Library yet? So I absolutely agree with everything that you just said. It's a really hard problem to bootstrap a two-sided market place, especially when you're talking about an incumbent, having them, the massive Network effect that they already have.
So I would actually suggest that. You've made it through our most critical period in terms of needing to get over that. Obviously, we are not done. We've got a much larger Hill to climb still but the the content that's available is already. It's really substantial. I mean, go to if anyone who loads to, I see.com homepage scroll through it, check out the categories. I mean, it's it's a ton of stuff. So it's already compelling to just go there and find stuff to
watch. And in terms of what you're going to see presented. It's not going to be Be the same stuff that you'd see on the YouTube homepage. So we already have lots of people using it. We already have that two-sided. Put a Marketplace going. We already have that economy going now. Something that we did do to help bootstrap at that. I think helped a lot is we provided a service where content creators could effortless effortlessly sink their Channel
over on an ongoing basis. So you click one thing, the content continues to come over. We still provide that Nervous. So if you sign up at Odyssey.com, you can copy your channel over and will continue to copy your channel over on an ongoing basis. But that was, I will say that was key to bootstrapping because basically we went to one half of the marketplace and said, here's a heads, you win, Tails. Nothing happen scenario, right, which is a great debt, right
heads. I win Tails, nothing happens. I'll take that bet all day. And so we went to them and said, look, you started first thing. It's no effort. Maybe it works out, you get a bunch of extra, you get some extra money. You get some extra lines. It doesn't work out what it Cost you all you did was press the button, right? And so, we were able to persuade a lot of creators to put in their content at a time when our audience was not that large and we were also able to leverage a
people excited about blockchain. So there was like a story sort of in the, in The Ether, you know, out there that this could be, this could be something new and big and too. And so we're able to do it and then we continue to deliver. We continue to build the product. We intended to build relationships with creators, and show them that this is working. And then we went out to users and said, hey come, come on. Check this out, you know, less
ads, no ads earn cryptocurrency. And so, and then, you know, you sort of get. So you start with this small kernel and it grows bigger and bigger and bigger. And now I think we really are big enough that, like, it's not not that we're letting up in any way but it's rolling downhill, right? It's not you. When you're starting, you've got to like push and then it gets stuck and you gotta push it again and like, you know, now where I do really feel like we've got some momentum.
It was so cool. Just scrolling through Eric July's feed because I'm like, Like, I wonder how many videos he's posted, and all of his videos were there. I could use the search function and you even got the search function for a specific Channel working, which saves so much time. It's so it's so efficient. One of the things that was very, surprising is right after it's just big that the sitting president was the platform.
Don his main go to Twitter. So a lot of people went over to parlor and in a very short amount of time, Amazon kicked Parlor off its servers and now they're searching for someplace else. Probably a good thing in the long run. So they're not walking on eggshells. Trying to please Bezos is anything like that a Potential Threat to library. So to the library network? No 22 Odyssey.com, potentially, but certainly not permanently, and we're trying to make sure.
That even that potential is low, 20. I mean, what happened with? I just want to be honest like whatever. The Parlor is pretty, it's basically unprecedented, right? And so, you know, we're we are looking at providers and then being like, well wait are, you know, they should. So we're taking calls with them because the the web version I want to be cleared by the web version is using sort of traditional internet type architecture. Its then interacting, with the
library Network, on your behalf. Again, just like coinbase or these other cryptocurrencies site to do. So that underlying Network. We feel is safe and resilient. And so if you use the desktop, Like the desktop client which is directly interacting in the peer-to-peer Network. We think the desktop client is very, very resilient. So we don't think that will ever go down. Could the websites good em, we're trying to make sure that's never possible. If it happened.
Certainly, we're not going to be down for a week like parlor. I think, I think that's that scenario is completely off the table, but like if, you know, so we use cloud fair, for example, for to prevent DDOS attacks, right? Which is something that that we can face it cloudflare drops us without calling us. We'd be down for a couple. Laughs, you have to eat updated. It would be up again. It's that. But that so that's sort of my read of it. I think it's very unlikely.
I think we're prepared. I think we've been in front of this and the whole idea of the library Network itself, right? Not the web access versions, but the library knowing is you, this can't happen. Can't happen. Again. That's the promise of it is. We're making it impossible. So I think that that layer is very, very safe and very secure and that and there's a lot of power that comes from that as well. The fact that That layer is that.
Now, one of the criticisms that would have come up, you know, many years ago when it's like, oh, start your own social media company. That's so ridiculous. Everyone's already on one with this YouTube sink. I mean, it allows people to start, you know, with 100 home runs on the scoreboard for him. It's so cool. What are some other main objections? You have to the idea that it's all over. I'm totally black. Pilled. We're Rude, big Tech has taken over.
Yeah. It's just, it's just clearly not over. I mean, I'm a complete Optimist in this regard. Like I actually think we're in a better place and in a lot of ways than we ever have been with the developments of cryptocurrency. Like, the recent events were perhaps unprecedented in some ways, but the government working with corporations to shut down activity that is legal, but that it doesn't like is well, is like decades, our history of that. You could Point.
Most recently two Operation choke point, which is where the Department of Justice worked with the payment providers to basically deny access to everything from like Firearms to marijuana paraphernalia to probably 20 different sectors of business and they were able to D bank and and take all these people offline. Well, what happened to those businesses, a lot of got into Bitcoin, a lot of them are wealthier than they ever. Would have been if this DNA
hadn't gone after. I'm sure some of them were destroyed. I'm not trying to say it was like a holy good activity, but like they're not there. Are not actually winning. We're building new systems from the ground up that are going to make it so that the could the control that they've had in the past is like absolutely is actually not possible. So I'm a complete Optimist. I think they are doing things that are only accelerating trends that were already there. And I think I think that we're
going to win. So, you know, it's I don't I don't know how someone can look at some of this this technology that's coming along and like and be a pessimist about it. Can you please explain how LBC Works? Sure that's just the so that's the token. So basically library has a blockchain. It's a public blockchains. Aleurone blockchain you. There's about a billion of the token which is called LBC Library credits and you use a small amount of the token. We're talking about a fraction of one.
So fractions of a penny to make a new publish, you use a little bit of the token to make a handle and this is basically making those entries in that block chain. That says, you know, that you exist and Other things that go in the blockchain and things like information about your content, the title, the length, these kinds of things. So there's a little bit of the token required for that token can also be used to tip people to pay people.
There's a staking aspect of the token, that's optional that's related to Discovery. And we're building that into a trust system, but that's, that's the way that works. I will say also, I always want to say anytime that because I'm a nerd, I'm a nerd, I can go deep on the nerd stuff. It's easy to get me to talk nerdy. Well, a always you can always just use a si.com and you don't need to understand any of it, right? It will just work. Moat a lot of people.
Use Odyssey and are interacting with the blockchain and don't even know they say we tell you hey, did you know, you're using blockchain token or say what, you know, so and because that's how good technology works like. I don't care about Bitcoin for the sake of Bitcoin. I care that I have cash on my phone, that when I say, I'm paying for a Cuban restaurant. It's not going to the transactions. Are going to get reversed as if you say by the, if you Cuba Cuban and any PayPal description.
It gets reviewed by a human being. If you didn't know that, it's a perfect. Yeah. To prevent issues with it by go Cuba. Well, that's good. It's important to blockade civilians for what dictators do. And I'm just upset. We're not bombing them and blaming another country for the bombings as far as how long does it take to sink my YouTube channel to a brand-new. Odyssey, It generally happens very fast and once your channel is synced, they'll go up quickly afterwards right now.
We're a little backed up on new channel. So it wouldn't surprise if you signed up like literally today, wouldn't surprise me if it took a couple of days because we're backed up, I expect that to you will clear and in the future it'll be back to sinking, you know, very quickly right now. I would say, if you signed up it might take you three to seven days but generally at but also like, once you're through that three to seven days, they'll come in quickly.
Seven days at the most. Okay, the how about if I have any videos on unlisted or private on YouTube? Because the second I open these, they get reported. So if I have a video on private or unlisted, would that get sync with that, think they will not sink rap videos? Okay. All right. Well, thank you for that clarification. So let's say, I am so, so motivated and appreciative that people like you did this to really create an alternative to YouTube. What is the best way for us to
support the library? Odyssey team? So, if you basically by contributing in, in some way, and that can be anything from one of the spreading, the word, telling other people like that, that almost all of our growth is word-of-mouth. We're not running advertising him. It's a, we got we got to a million daily. Users not not paying for any of them. It's from people saying, hey,
you got to go check this out. So if you are frustrated by what's going on, or you just like what we're doing, spread the word tell people about it. That's the number one way we're going to win is if that continues to happen if you can contribute beyond that, that's awesome. Like it's whether that's anything from, like, making memes or making videos yourself, that introduce people. If you're a computer programmer, all of our code is open source, and so you can get involved there.
But like this. This is a community project and we have 4,000 people in a chat room. You can go to chat dot Library, dot org and join our chat room and there's a bunch of people hanging out with there's there's a movement sort of here that we're people coalescing around the idea that what's going on is not okay, if we work together, you know, we can make sure that it's impossible that it did it ever happen. Again. That's so cool. How long does it take to create
a library account? Pretty quick. The hardest part is going to be is the way to let me be. I should be specific. So if we're talking about like the web accounts that's very fast created account hace.com. We're talking about the handle. On the blockchain that does take a couple of minutes to create your first one because you're gonna have to get some of the cryptocurrency and then the transaction has to get like, accepted by the network, but
either way, it's fairly quick. I just want a number because when I hear people tell me, oh, I shouldn't have to spend time doing this now. Excuse me. I need to go spend weeks lobbying a congressman while he pretends to listen to me. Yes, so I need, I need a number that I could throw in their face and say I got this from the CEO. I'd say you got no excuse. So what most people should use, I see that cop. You're going to have an account Creo, NADA si.com in a minute, right?
You're going to, you can have your YouTube channel sinking in under 2 minutes. For sure. You can have it sitting in under 2 minutes. It's extremely quick. To get that set up. Terrific. Mr. Kaufman. Is there anything that I didn't ask you about that? You would want anyone to know if they're still on the Twitter and YouTube's and they have so many eggs in those baskets that are still for some reason. Hesitant about coming over.
Yeah. Well I our request actually I is you don't have to go cold turkey if you're ready to go. Cold turkey. Great. But like you can you can, you know, start to have it. That's my suggestion is To start the Habit. So maybe it's just this channel, right? So maybe and when you want to watch Keith, you make sure you're always watching, Keith odd, Odyssey and train yourself. Hey, it's a Keith video. Oh wait, I got to go over to her house. Right?
And so like begin developing The Habit, get more comfortable with the interface, get more comfortable with it. And like, you'll find yourself spending more time. And then also, and then similarly, if there's content that you can't watch in the new place. You got to tell them and encourage them to come over. But don't, you know, No, I don't we can't win if it requires everyone to like make big sacrifices like we have to win in a way that's like reasonable and not too hard year for the
normal person. If it requires this ideological acceptance that YouTube is bad to get people to use our stuff like that's kind of fundamental limiting. Where is if we're able to create something that's genuinely better than what came before, everyone's interested in that, and you don't even have to agree that there's a problem with YouTube to be interested. Excellent. All right, and just a final thing for the audience. Have you ever read a book that just blow your mind so much?
You wanted to recommend it to everyone or one or two books? Yeah, I'll give my my currently most commonly recommended nonfiction. And fiction books, not saying these are like my favorite books of all time, but they're like recent enough, red. And then I have some people, a lot of them. So one is, what is the name of it? Robin Robin Hansen's book about, like What is the title of that? It's basically it's rather
Hansen's most recent book. It's about basically it's just written with Kevin Kevin similar and it's about sort of like the hidden motives and elephant the brain, the hidden motives of everyday life sort of give some interesting and provocative arguments as to why people do things that they do that aren't really for the sort of superficial reasons that we pretend are why people do then. I think there's some really interesting ideas in that book and then as a thick as a sort of
fiction, too. I really liked. I read the Terra incognita series recently, too. Like the lightning is the name of the first book. I thought it was, I thought was really interesting and it has a concept that I think is relevant in it, which is sort of when we force certain social lies. What are the consequences of that for for society? And I think it's a really, really great book series. Also, I really like unreliable narrators. And it's an unreliable narrator
book as well. So oh terrific. Well, to help us fight against the The alleged Noble lies of the politicians and big Tech, please check out Library dot TV along with Odyssey.com. Mr. Kaufman. Thank you so much for your time. Thanks is great to be on.
