00:00hi everyone welcome to day 6 and Z
00:02podcast today's episode focuses on what
00:05it takes from people to code to build or
00:07work in crypto companies its moderated
00:10by a 16 Z comms partner Kim milosevic
00:12and features of following guests Tina
00:15but nugger who is a VP of Operations and
00:18Technology at Queen Base she was
00:20formerly VP of global operations at
00:22Twitter and of infrastructure services
00:24at Salesforce Preeti cutsie Reddy who is
00:27the CEO and founder of true story a
00:29platform for users to discover and
00:31validate claims made online whether in a
00:34white paper blog post or social media
00:36she's a blockchain engineer who also
00:38spent time at coin base and who
00:40transitioned into software engineering
00:41after spending a couple years as an
00:43investing analyst at a six in Z early in
00:45her career and then last but not least
00:47we have Lilly Liu who is a co-founder at
00:50earn calm she was previously a CFO at
00:52China's first foreign funded private
00:54mass market hospital and spent time at
00:57McKinsey early in her career the
00:59conversation is based on a panel
01:01recorded at our inaugural intro to
01:03crypto event co-hosted with hashtag
01:05Angels in April 2018 you can also find
01:08other sessions from this event as
01:09podcasts as well as on our YouTube
01:11channel as videos covering everything
01:13from why do centralization matters to
01:16the regulatory landscape for crypto well
01:18I'd like to just do a little bit of a
01:19lightning round and hear from each of
01:21you what do you think are some of the
01:23biggest misconceptions in this space and
01:25and how would you like to address them
01:27Priestley if you want to start sure I
01:30would say a big misunderstanding is
01:34decentralization for the sake of
01:35decentralization I think people
01:38sometimes get too obsessed with that
01:40there's some things that I fundamentally
01:42believe just will not be completely
01:44decentralized governance being one of
01:47humans do need to exist in some parts of
01:49these and I think we're just gonna we're
01:51just gonna realize the hard way just
01:54like you know Elon Musk came out a
01:56couple month ago I was saying like we
01:58automate it too much so I think the same
02:00thing is gonna happen here I'm totally
02:02for decentralization in some parts but
02:04some parts just need a little bit more
02:06centralization I think one of the
02:09misconceptions there have been a couple
02:11of articles recently is that somehow
02:12it's an unfriendly play
02:13for a woman that's never been my
02:15personal experience in fact I've always
02:17felt that it's been one of the most fun
02:19meritocratic fast-moving and actually
02:22one of the more supportive places I
02:23could ever work for me I think it's the
02:26idea that it's a consumer product and
02:28it's like a main scene mainstream
02:30consumer product and the fact that
02:31institutions are actually coming into
02:32the space at a pretty rapid pace and so
02:35some of the challenges that we have a
02:37coin base are really around the
02:38institutional and scaling up
02:39institutions so I think that's a big
02:41misconception as well so you know you
02:43talked about sort of decentralization
02:45and crypto overall has you know very
02:48strong ideological underpinning to it
02:51how much do you this is also led to very
02:54passionate vocal community 89 I know you
02:57know that well and you know this idea of
03:00decentralization some of its also driven
03:02by sort of a backlash to Big Bang some
03:04to some of the big Internet companies
03:05especially in light of what's going on
03:07right now with with Facebook do you
03:10think that this motivates or turns off
03:12people into the space and how much do
03:14you think it figures into people getting
03:16into it I think it's a big thing I are
03:19very ideological in this space and
03:22sometimes they will hate you if you
03:24don't follow their ideology and that's
03:27okay because I think in the early days
03:30they were very few of them and now
03:32you're starting to see different
03:33communities form because people just
03:35have different DC's around what what's
03:37right what's wrong and as and you can
03:39find your group where you fit in I
03:41remember in the early days when I
03:44started writing about crypto you know I
03:46was very focused on aetherium in the
03:48early days and like I was Pro a theory
03:52I'm on everything and I wrote a post and
03:54I was like shocked to see the amount of
03:56like hey I got in the comments for not
03:59talking about Yoda I'm not talking about
04:01all these other blockchains that I
04:03wasn't really focused on and I realized
04:05it's just like that's just the nature of
04:07this thing people are so passionate and
04:08ideological and you just have to be okay
04:10with that and have to have thick skin
04:12and go in with your own views and that's
04:14what I kind of love about this space
04:15because it forces you to be an
04:17independent thinker and not just kind of
04:20joy like be like just do something
04:22because it's it's the right it's what
04:24the what the rules say
04:27and I think and if you're gonna be an
04:29independent thinker and break roles and
04:31come up with your own rules you have to
04:33deal with the consequences of the fact
04:34that sometimes you're gonna get pushback
04:36there are a number of islands almost
04:39religious how people kind of feel about
04:41their particular protocol they're sort
04:43of or their project which in a way has
04:45been necessary in order to breathe life
04:47into the space and to keep it going from
04:502008 until when there's sort of first
04:52wave of adoption in you know maybe 2013
04:562014 and again 2017 and so you know
04:59there's two sides of the same coin
05:00but I think that maybe we're due for a
05:02little bit of a reframing I think
05:04generally it's true that you know you
05:05can motivate a small and very passionate
05:07minority by you know being anti
05:10something but if we take those same
05:12principles and reframe it as instead of
05:14being censorship resistance but rather
05:16you know empowering consumers right
05:18ultimately get to the same place but one
05:20is a message that resonates with much
05:21with a much broader community and as you
05:24mentioned Facebook and you know data
05:27privacy control of your data this idea
05:29which is now dawning upon a larger
05:31number of people that you know hey maybe
05:33I should be getting cut of all of the
05:34money people are making off of my data
05:36right a few years ago that was a little
05:38bit more of a novel idea now I think
05:39that everyone can really appreciate that
05:41and so same concept just sort of
05:43reframed so something that that's a
05:45little bit more inclusive and resonates
05:47with a broader population for me I think
05:50about it there are - there are
05:52definitely two distinct communities so
05:54if you start looking in crypto and you
05:55started the rub reddit sub threads it's
05:57probably not the best place that's a
05:59little daunting but I feel like events
06:02like this just showcase how how much
06:04these spaces evolved and how much
06:06information is out there now well I
06:08think that that was not the case a year
06:09ago right so there weren't as many
06:11resources it wasn't talked about as much
06:13and so I think that the communities are
06:16really great because they help
06:18understand the technology they drive a
06:20lot of the technology and innovation so
06:22it's a really great place to go and get
06:24ideas and understand the underpinnings
06:26and like where it started but there is
06:28there are so many resources now and I
06:30think that there's a general there's
06:33more education and people are like
06:34hungry to understand it and so a lot of
06:37like the volume that we get our calls or
06:38people just trying to understand the
06:40made small investments and they're
06:42trying to figure out you know what's the
06:44next step in it so it's actually really
06:45great it's like to see it getting into
06:46the more consumer space yeah and I would
06:48say if you're new into the space I would
06:51encourage you to actually be pretty
06:52open-minded like don't go into being
06:55theoria more like rah rah cos like
06:57actually take a like wide view and look
07:00at different communities and like what
07:02they each preach and I think it's okay
07:05to pick your community and stick with it
07:07but I think it's fascinating you'll just
07:09learn a lot by being kind of open-minded
07:10and seeing why different people think
07:12different way and why different people
07:13have different principles on how they
07:15run their communities you think that
07:17that's important though like for people
07:18to really dive in and understand sort of
07:20the ideology and principles behind some
07:22of this because I think some people are
07:24approaching it as like maybe sort of
07:26amateur investors some are just
07:27approaching this as a new tech area like
07:30do you think it is important for them to
07:31really understand some of those like
07:33religious underpinnings or do you think
07:35we're starting to kind of move away from
07:36that I think it is I mean like
07:39everything is based on like we're
07:42defining rules and so if you don't have
07:44a thesis for why you're defining rules
07:46in a certain way or certain principles
07:48are you're basing that on then like I
07:49don't know how you define those rules
07:51right I don't think it's necessary to be
07:53like super religious about it but I
07:56think it's important to understand like
07:58why we're doing it like this is not just
08:00a technology this is a movement right
08:02and like understanding that why is
08:03pretty important so coinbase and urn are
08:07both traditionally venture funded
08:09companies in the way that were you know
08:11familiar we're seeing tech companies
08:12kind of grow up in the valley early you
08:14know VC funding seed series a these
08:17different rounds and that's really
08:18changed with the advent of these icos
08:21and these token launches in some ways
08:24the VCS aren't as involved and anybody
08:26can join in accredited investors and be
08:30part of these projects from very early
08:32on and then also have a pretty big stake
08:34in them right how do you think do you
08:36think that's change the way companies
08:38are being formed and run what shift are
08:41you seeing there well I think that
08:43there's a number of different shifts so
08:46to take two examples aetherium for
08:48example has depending on the day you
08:50know above a 50 60 70 million seventy
08:54so if you think about the corollary of a
08:56similarly sized company here here in the
08:58uber might be an apt analogy uber has
09:01thousands of employees how many people
09:03are employed by the theory and
09:04foundation I don't know maybe you can
09:06count them on one or two hints right and
09:08so if you think about just sort of how
09:11you scale this to organizations its
09:13while wildly different and one it relies
09:16much more on the community to sort of
09:18build and and sustain value right so I
09:22think that if you're launching a
09:24protocol or launching a token you can
09:26create a tremendous amount of value by
09:27relying on the community but it's a
09:29totally different model for engagement
09:31for go to market and and you know how
09:35you sort of engage with people most most
09:37people of whom are not fully employed
09:39most people with whom you you know don't
09:41give them w-2s you need to motivate them
09:43through other means oftentimes very
09:44indirect means and so that's one another
09:48example I bring up is finance for
09:50example so finance is you know arguably
09:52you know largest largest exchange in the
09:54world right now and they launched their
09:57own token pay all of their people in BnB
09:59and and maybe some other
10:01cryptocurrencies it's unclear where
10:03their headquarters are it's unclear
10:04where their servers are and there's sort
10:07of you know this the they're like the
10:09sovereign company almost right and and
10:12they did all of that in less than a year
10:14and so so you know very quickly you have
10:18massive scale and massive value being
10:20created in totally non-traditional
10:23structures right and so I think that you
10:26know there's potential learnings we had
10:28from both of those and and I I don't
10:31think we've seen you know really
10:33anything at that scale with such new
10:35models until now right yeah really how
10:39did that how have you been thinking
10:40about that as you're starting a company
10:41yeah I think I agree with you on the
10:45openness and the community being a huge
10:46part of it the other thing is when I'm
10:49thinking about hiring I think there's a
10:51certain type of culture you you have to
10:54build with a crypto company like you
10:56have to go work with people who are ok
10:58with like rapid change every day and
11:01like thinking of things from ground up
11:03thinking from first principles like some
11:06people are not like that this
11:08be frank and like they prefer the more
11:10structured approach and sometimes that's
11:12just not the right fit for early crypto
11:14companies because like you need to be
11:16able to move with the market like a lot
11:19of these rules are not defined and like
11:20working with regular regulatory stuff
11:23like that's kind of scary you have to be
11:24okay with like the fact that things can
11:26go totally wrong um so all that are
11:28things that you have to build into the
11:30culture this like this ability to be
11:32risk-taking versus risk-averse so I know
11:36you know a lot of the headlines are
11:37really focused on price right and that's
11:40a lot of the conversation and I would
11:43love to just kind of hear your thoughts
11:44on like how you feel about I'm sure you
11:47all have strong opinions about that it's
11:50very relevant I think that so
11:52speculation is really the first use case
11:54of cryptocurrency and and I think that's
11:58okay it creates a lot of energy and
12:00brings a lot of people eye in because
12:03they're just you know creates a lot of
12:04headlines creates a lot of attention
12:05when you're up a thousand percent and
12:08then down five hundred percent and you
12:09know whatever else right but I think
12:11eventually you know people are building
12:14out use cases that's what we've been
12:16trying to do it earn now within coin
12:18base to build ways that people could
12:20actually use cryptocurrency on a daily
12:22basis and integrate it into integrated
12:25into something which is inherently
12:27useful outside of sort of the
12:28speculative nature of it so I think
12:30really that's that's just a matter of
12:31time one thing you're gonna hear a
12:33little bit more about in depth later is
12:36the regulatory environment I would love
12:38to hear you know and Tina maybe you can
12:40start off like how much does that play
12:41into how you approach your company or
12:44product consumer communications there's
12:47still some murkiness around how this is
12:49all gonna be regulated yeah absolutely
12:50so for us we think very deeply about
12:53regulation so we want to be friendly to
12:55the regulator's everything we do it's
12:57like top of mind right so as we think
13:01about you know everything from our
13:03business processes to the leadership
13:05team and the investments that we make in
13:06our products like the underpinnings of
13:09that are very real I think Chris Nixon
13:11said this and one of our board meetings
13:13that like the regulation is like an
13:15existential thing for us for the
13:17industry so it's something that we
13:19should always keep top of mind
13:21so for us again it's just like staying
13:23on top of it talking about like the work
13:26that we're doing to be trusted to be
13:28safe to make sure that you know all the
13:31things that an early crypto that you
13:33heard about never manifest on our
13:35platform but I think regulation is like
13:37you know like breeki was saying it's
13:38it's a really big deal and you have to
13:40be okay with a little bit of the
13:41discomfort of knowing that that doesn't
13:43exist but it will come and so you should
13:46just do your best to be prepared for it
13:47and a good percentage of your employee
13:49bases in the compliance area yes yeah
13:52it's incredibly relevant it's always in
13:55the background of it's constantly
13:58evolving it's usually catching up to
14:00industry quite frankly but you know one
14:03of the interesting things about
14:03cryptocurrency is because cryptocurrency
14:05is inherently global and becomes global
14:08sort of much faster than other you know
14:11maybe financially oriented products it
14:14it's something that I think has already
14:18and will continue to encourage a more
14:21global approach to or more sort of more
14:23holistic approach to regulation and so
14:25you know as we've seen throughout the
14:28world there's a number of different
14:29approaches given you know personally
14:32given the toys I still think the u.s. is
14:33a relatively good place to be doing
14:37business and being crypto is in the u.s.
14:39you know if you disagree you can go to
14:40court in other jurisdictions if you
14:43disagree you go to jail or maybe even go
14:45to the grave and so relatively speaking
14:47it's um it's not a bad deal yeah I mean
14:51the regulatory thing is it's like an
14:53unknown unknown I can't say I or anyone
14:56knows the answers for me personally I
14:59like for example my project does have a
15:01token and like I can't say I know all
15:04the answers for how we're gonna try the
15:06regulatory waters but that's something
15:08I'm hoping that I can work with my
15:09investors and the regulator's on
15:11together I think it was eye-opening to
15:13me when I went to the Satoshi roundtable
15:15meeting like last year or like earlier
15:17this year and there was a lot of
15:20traditional regulatory people from
15:22people from the CMC like all the
15:24regulatory bodies that came and like I
15:27realized that even like they they're not
15:29like they're actually very friendly they
15:31don't want to like harm the system
15:34like don't want to like like kill
15:36blockchain it's like they actually want
15:38to figure it out together and so as long
15:40as we're not like we just like work
15:41together and not like hostile towards
15:43them I think we will get to a good place
15:45it's just gonna take time
15:47did I figure into your thinking when
15:49you're starting a company does it make
15:50you hesitate or just um it's interesting
15:54it was definitely a scary part but I I
15:57mean like I definitely think is I see
16:04different approaches for how to go about
16:06it like I want to stay in the u.s. so I
16:08have to deal with the regulatory bodies
16:10here but like some of my friends like
16:12when abroad and they're like F the US
16:14but just gonna go abroad and do it and
16:16like that's another way to think about
16:17it like if you don't want to deal with
16:18the u.s. go somewhere else
16:20so yeah there's option which is
16:22something the US regulators really don't
16:24want to see happen I think they're
16:25making that clear that they want to see
16:27the innovation stay here so lastly and
16:31then I want to open it up to some
16:33questions from the audience there's you
16:36know crypto can be associated or has
16:37been traditionally associated and I
16:39think this image is getting cleaned up
16:40now very quickly but with scams some
16:43illegal activity it's also you know so
16:46it's scared some folks off I think what
16:48advice do you have generally for people
16:50looking to get into the space I can
16:53start just I mean I these guys have been
16:56in it for a while I'm really new to it
16:58there's so much material out there
17:00there's podcast there's like great
17:02mentors there's like just read on it I
17:05think understanding the underpinnings of
17:06it is really interesting because it
17:08started with like such you know it's
17:10it's just an interesting community
17:12there's so much out there it's really
17:13inclusive going back to what Lily was
17:15saying there's so many use cases and
17:17like I've travelled a ton in my career
17:19and I've like work on scaling teams I've
17:22been in like scene under like privileged
17:24communities and there's so much power
17:26and what like this could become so it's
17:29you know if you're if you want to like
17:30do something that's like mission driven
17:32and you know have an impact in the work
17:33that you're doing I feel like this is a
17:34great place to start and there's a ton
17:37of material out there so it's a little
17:38bit daunting but just like jump right in
17:40yeah so you're looking at the
17:43backgrounds of some of the attendees it
17:44seems like everyone here has a pretty
17:47pretty great career in technology and
17:50various functions and I think there's
17:52really great need for people who with
17:55those types of backgrounds coming into
17:57crypto because I think that as it as the
17:59industry scales and really becomes a
18:00little bit more more mainstream
18:02there's a need for you know those same
18:05skill sets with you know go to market
18:07building great products building
18:09products that really resonate with
18:10whether it's more enterprise customers
18:12or consumer customers and so crypto sort
18:15of started in a little bit of a corner
18:16of it's a very sort of unique and
18:19special world but now it's really sort
18:22of going to mainstream tech and then
18:24maybe even mainstream consumer so I mean
18:28this is a kind of a problem that I'm
18:30solving with true story which is my
18:31company because it's essentially a truth
18:33layer for crypto project there are
18:36claims that crypto projects in crypto
18:37people are making and so we're using the
18:40expertise of the crowd to basically
18:41bring truth to the world about what
18:43these people are claiming
18:44so until that exists I would say I mean
18:51how I go about it I mean like first of
18:53all like you can poppy you can smell a
18:54scam like you just like look on the
18:56website and like like poke around you're
18:58like alright this is a scam like it's
19:00not easy if you can't figure it out ask
19:02a developer like they'll look at it and
19:04be like yeah this is a scam website to
19:06like read the white paper and like and
19:09like try to like get an understanding go
19:11join these like telegram groups and
19:12slack groups like a lot of really smart
19:14people are talking about this stuff I'm
19:16just like just do your research on
19:17everything don't just dump for something
19:19because you saw something on reddit or
19:20like Twitter just actually do your
19:22research great um with that I'm gonna
19:26open it up to any questions from the
19:28audience hi everyone my name is Bianca
19:31first thank you all y'all you could be
19:34doing a lot of different things this
19:35morning so thank you for joining us so I
19:37think from a company standpoint my
19:39question is like how do you what is
19:41responsibility look like for you know
19:44for you guys as practitioners in crypto
19:46the reason why I asked we're kind of the
19:47vein is tech tends to have this very
19:49like hands-off approach but kind of
19:52being aloof to like the power that they
19:54inherently hold so I think how how are
19:57you guys balancing like the capitalistic
20:00the ethical and human side in that like
20:02you have all this attention so I think
20:04about coinbase you have all this
20:05attention you have a lot of people like
20:07you're gonna be the people's first line
20:09of information-gathering so yeah how do
20:12you guys think about your roles as
20:13educators curators but also like this is
20:15not investment advice you know so that's
20:17a question I had around the company side
20:19I mean it coinbase you know we talk
20:21about this a lot like people will use
20:23coin base and Bitcoin or the blockchain
20:26like interchangeably in conversations so
20:28I feel like we carry a large
20:30responsibility in just education and so
20:33we don't have like 50 assets on our
20:35platform we don't you know we we try to
20:37be really mindful and thoughtful of like
20:39how we introduce new assets we again
20:42like I said we're really regulator
20:44friendly so we're trying to make sure
20:46that we partner with them there's
20:47education happening both ways so for us
20:50we do think if we take it deeply
20:52responsibly we take a deep
20:54responsibility for it just to make sure
20:55that you know every customer that joins
20:57our platform feels like they're coming
20:59into a safe space where they can learn
21:01and it's a good introductory point so
21:04for me I think that that is top of mind
21:06and everybody you talk to at the company
21:07it's an ongoing conversation so I don't
21:10think that that responsibility is lost
21:11on us and we take it with with a lot of
21:14respect yeah yeah I mean as an
21:16individual contributor I take that
21:18pretty seriously too because I'm
21:19starting to realize that like the things
21:21that people like me Linda or others say
21:24like people actually really listen and
21:26like people take that to heart and like
21:28if I like shilla coin like that's not
21:31really that's not the responsible thing
21:33to do so like it's just about being
21:36thoughtful about how you how you
21:37communicate with the community and like
21:39making sure that you're like you're not
21:42just pushing your own interests and
21:45actually like doing the right thing I
21:47think that coinbase is doing a lot in
21:50terms of helping sort of being steward
21:52for people are having their first
21:53experience with cryptocurrency and so I
21:55think that's really great and I think
21:57that I mean they're certainly going to
21:59be a lot more sort of education that
22:02needs to be done you know we've got
22:04there's four assets on coinbase there's
22:05probably a thousand assets out there
22:06that could be on coin base and so
22:09there's going to be a little bit of a
22:12bridging that's going to have to happen
22:13in terms of education sort of making
22:15that it's making sure it's a safe safe
22:17experience for people you talked about
22:20the first lily you talked about the
22:21first use case being speculation and
22:23we've obviously seen massive valuations
22:26and all of these things around these
22:29coins and your cryptocurrency could you
22:33bring it down to like kind of a more
22:36base level and that is where do you see
22:38or where have you seen some of the first
22:40use cases of converting cryptocurrencies
22:43to actual products and services sold if
22:53because that was when all honestly that
22:56was one of our major motivations which
22:58is that how do you make it useful and
23:01every in people's everyday lives and so
23:03we really thought about it as how do you
23:06instead of trading capital for
23:09cryptocurrency which is the way most
23:11people have gotten into cryptocurrency
23:13that requires still a little bit of
23:15friction because you've got to go sign
23:16up for a website link your bank account
23:18you know do do scan of your face right
23:21and do all this kyc identity and you
23:23know some people might get lost along
23:24the way and so while that's on board a
23:27lot of people what if you could trade
23:28labor just a few minutes of your time in
23:31order to get a little bit of
23:32cryptocurrency right so we that was one
23:35of the ways we thought about or
23:36nominally and and it was inherently
23:38useful because it was sort of based
23:40around the fact that we all get too much
23:42email anyways what if you could monetize
23:44that something everyone can get behind
23:45but at the same time it was sort of like
23:48a it was sort of like a Trojan horse for
23:51crypto to get into the mainstream and so
23:53that was you know one of our early
23:54efforts I think it's still early days
23:57and there's a lot of potential left in
23:58through the way the way that can go and
24:01and now what I think you're seeing is
24:04you're seeing cryptocurrency sort of get
24:07into a number of existing kind of
24:10business models - so like affiliate
24:12networks for example right affiliate
24:15networks loyalty programs gaming all
24:19these things which already have massive
24:21audiences you know paid advertising even
24:25a CPA instead of CBC type of advertising
24:29which are things that can actually be
24:31potentially dramatically improved the
24:33use of the integration of a token
24:35economy and so I think over the next
24:37year we're gonna see a number of those
24:38things to be be proven out and what
24:40we've already at least heard is that
24:42what was I think Starbucks talked about
24:44maybe integrating ball chain to the
24:46loyalty program Rakatan which is you
24:49know nine ten billion dollar business
24:50owns Ebates earns a whole number of
24:52properties that are related to sort of
24:54loyalty and in consumer affiliate
24:57programs is also thinking about rolling
24:58out a coin AirAsia is well for loyalty
25:01programs so I think you're going to see
25:02a number of the things sort of get
25:04integrated into into you know platforms
25:08we already know and love hi thanks again
25:10for being here I'm Theresa
25:12product manager in payments at Airbnb so
25:14I'm working a lot on privacy and data
25:18protection specifically GDP are so how
25:21does a decentralized network deal with
25:24these types of regulatory things that do
25:27impact everyone like GDP are and so for
25:29those who don't know GDP R is the
25:31European regulatory protocol that
25:34requires data deletion right to acts
25:37right to deletion right to access and
25:39right to portability of your data so how
25:42do you deal with that from a
25:43decentralized perspective I can speak to
25:46that so we have been spending a lot of
25:48time actually on GD P R so I could talk
25:50about it into frame of reference so at
25:53Twitter we spent it to a ton of time
25:54working on GDP our obviously is a social
25:57network there's there's broad
25:59implications it's slightly different at
26:01coinbase right so we do do upfront kyc
26:04so we so for us it's a lot of there as a
26:08financial institution we know and track
26:10very specific things and there's very
26:13specific ways that we do data deletion
26:15so for us it's something that is top of
26:17mind and something we've always kind of
26:18been working on and so GDP R is just a
26:21different lens by which we're looking at
26:23at the data deletion and maintenance so
26:26for us it's been work but it's not been
26:28something that is not has it been top of
26:30mind already so it's just a slight
26:32slight tweak to the work that we've
26:34already been doing thanks good morning
26:35first of all thank you for sharing your
26:39and advice to the community this is
26:42terrific following on the question and
26:45regulatory is you can you guys recommend
26:47a public or good public slack channel or
26:50telegram channel that we could you know
26:53be part of listening and so we can track
26:55what's going on it's also there are two
26:59regulatory experts they're gonna be on
27:00stage in just a little bit too I don't
27:03know if you guys haven't I don't I can't
27:05think of it I think the the problem but
27:07right now is it's kind of dispersed
27:10there's information everywhere and
27:13there's really no central resource and
27:15that's kind of the hard work you have to
27:17do I think right now unfortunately but I
27:19don't know if you know of any central
27:20center and we have somebody Robin from
27:23coins that are on they're a great
27:25resource for all things regulatory thank
![How To Succeed As A NEW & YOUNG Realtor [Deals Every Month + Luxury Listings]](/_next/image?url=https%3A%2F%2Fi.ytimg.com%2Fvi%2FrtrRghgTayc%2Fhqdefault.jpg&w=3840&q=75)
