Episode 3 – Jenny Q Ta from Coinlinked on Social Media, De-Centralization, and Censorship Resistance
Jenny Q Ta Appears on So What About Crypto with Elsa Ramon

Episode 3 – Jenny Q Ta from Coinlinked on Social Media, De-Centralization, and Censorship Resistance

Episode 3 - Jenny Q Ta from Coinlinked on Social Media, De-Centralization, and Censorship Resistance

What does decentralization even mean? How does it help you? Is it safe? Why do I need to know anyway? The answers to those questions are found in the live stream of my podcast with Jenny Ta of Coinlinked. Coinlinked is a social media marketplace where you can shop anywhere in the world with crypto (Bitcoin and Etherium) or fiat (dollars). It's also a social media site where you can connect and share content with friends and followers. Think of Coinlinked as twitter, amazon and youtube all together in one place. Jenny explains how she manages bots, why she verifies everyone in the community and avoids censorship on the social media side of Coinlinked. Newbies are especially encouraged to watch!


SPEAKERS

Jenny Ta, Elsa Ramon, Bill Deignan

NOTE: This was transcribed using “Artificial Intelligence, aka AI”, which explains why when you read it, we appear to be “Artificially Intelligent”. It’s a lot of words for a computer to digest, so, just listen to the podcast.

Elsa Ramon
Here we go.

Alright guys, thank you for your patience. We’re running a little bit behind on our live stream with Jenny top of coin linked, who is joining us in a beautiful park this afternoon. And, you know, Jenny, thank you, first of all for being here with us on our podcast or live stream, they keep letting me do it like feeding a stray cat.

Bill Deignan
I’m Danny.

Elsa Ramon
I’m joined with my producer and partner Bill degnan, as always, and we really wanted to talk to you about coin linked, which is your baby. But I know that that we’ve been promoting you coming on to the podcast today and the live stream today. And a lot of people responded on Twitter with all kinds of questions for us. So I just want to let the people know who are watching and listening to our live stream right now. You can hit me me up on my Twitter at Elsa Ramon on air, and Jenny, they can hit you up on your Twitter as well if they’d like to with some questions as well. Do you want to go ahead and give everyone your Twitter?

Jenny Ta
Certainly a shout out to everybody on social media. Thank you, Elsa Ramon, two times Emmy Award winners. Congratulations. And Bill. Nice meeting you for having me today. My apologies. You know, as an entrepreneur, I’m always out and about. And so I had, this is the closest place for me to meet at our one o’clock. And so happy decentralization right here. So that’s the perfect topic. Yes, it’s lovely. It’s beautiful. And and it hurts. There you go and kind of quiet Actually today, so it’s good. So I think we’re good to go.

Elsa Ramon
Well, I think you brought up the perfect segue to talk about decentralization. So before we get to talk about your company, coin, LinkedIn what it does, I know that people who are just starting to become curious about Bitcoin and blockchain and everything that comes with the space. They hear these words, and they can be very intimidating. They were to me, when I first started learning about all of this, and one of the words that gets tossed around a lot is decentralized. So first of all, what does that even mean? What does that mean to anyone who hears that word and why is it important and and what difference is that going to make in my life or anyone’s life?

Jenny Ta
It’s an excellent question. And you know, I’m sure to answer it. Technically. I’m probably 10 out of 10 people you interview, they probably going to give you the exact same explanation about the centralization. I’m going to take a different approach today and giving your audience an analogy instead of the pure technical definition of the centralization. So, here’s an analogy, I believe to this very day. Everybody has use Google Doc, Google Doc is a share, Excel or a Word format. Now, to those much older generations, like the baby boomers and stuff, they probably got used to of using Microsoft Word right now if we envision Microsoft Word and years and years ago, let you see Say Elsa, you write me a letter, and we’re working on a group project. So you start writing this letter in Microsoft Word first, then what you do is you can email it to me say, Jenny, can you check to make sure if this is correct, then I would download your Microsoft Word, you know, open it up, correct or add some more pieces. And imagine we have two to three other team members that needs to share with this Microsoft Word. The process is extremely long and difficult, right? Then here comes Google, and all of their share documents. Now to those who have used Google share document. It’s very simple. Elsa, you can start the Google Doc word, and you can add all of the team members in there and you can give them all Access to edit, you know, to this particular Google Doc. Now, every time when each one of the team members have access to this Google Doc, and they change it, they make, they edit, they delete or whatever it is, you know, we see a blind, all of us on the same team sharing this Google Doc, seeing it live. That’s centralization. Okay? That’s the blockchain of what Bitcoin began 11 years ago. 2008 to 2009. Um, so pretty much decentralization is getting the middleman, you know, exchanging peer to peer, you and I can exchange money without a banking system in the middle that has to transact transaction that transaction so that’s what I believe is the easiest way to capture or understand what decentralization is and blockchain and and and Bitcoin which is the father of all cryptocurrency and the birth of Bitcoin about 11 years ago.

Elsa Ramon
Okay, so you gave a great analogy for people to try to understand centralized versus decentralized centralized So, so people get a grasp of this, okay, they can see the difference. But then why would it be important for the everyday person to see the value in decentralizing things like our money, peer to peer money, Bitcoin, digital currencies? What would be The ways we can envision decentralization working for us.

Jenny Ta
Well, you know, more than ever, like in today’s world, decentralization is also a method of censorship resistance. Okay. Within the last couple of years, we’ve seen giant corporations such as Facebook, Google, they have problems of their own when it comes to being in control, politically wise, or their own rules and regulation of their own corporate structure, our data and our data

Elsa Ramon
And control of our data.

Jenny Ta
Yep. And as you are having Yep. Having the rights to sell those data when when they they’re literally taking it right from us. Obviously we’re using their free platform. And I guess they have the rights and they’ve done that. And they they make billions and billions of dollars based upon that. So back to your question, Elsa is more and more especially millennials and younger generation X, I would say are very adopted to decentralization. They they wanted to eliminate as much of the middleman as possible they wanted to deal directly one on one. If I’m going to send somebody a Bitcoin, I want to send directly to that person. Instead of right now, Elsa, if I would have send you $10,000 Have to go to the bank and the bank has to process it. Blah blah blah and then that money goes to you. So, uh, and it’s not always immediate. Exactly,

Elsa Ramon
You know that time and then no has been to the bank, sometimes they’ll go Hold the funds for whatever reasons they see fit.

Jenny Ta
Right. And the thing is also the fees, you know, my bank charged me the fees and your bank charge you the bees were receiving it. So, you know, the, the peer to peer is simple, easy. The sender knows the receiver, I know you I’m just gonna send it to you. And I believe in the future that’s how the world should work, you know, and when we eliminate all these middleman, life become easier. Our keys will be less transaction will be faster, you know so. So that’s that’s what I believe that the future should be is decentralization

Elsa Ramon
and also There are a lot of people, you know, we’re thinking of ourselves here in the United States, where, of course, that would make things so much easier. But there are a lot of people in this world who have family members in other parts of the world and sometimes they want to send that family money and it becomes incredibly difficult to to send resources and money to family members in other countries, because you have to go through the bank and there are protocols and there are laws and there are fees and everything else. This also allows families to be able to send money back and forth as well. directly to each other. Is that correct?

Jenny Ta
Yeah, through a simple, hot and cold wallet. Um, we can definitely do that and it’s, uh, you know, simple as connecting the, the code bar and through the wallet, you can send directly I’ve just sent Some ether and some Bitcoin to a couple of my team members who wanted to get paid with either ether or Bitcoin. I gave some of my team members the option these days if they wanted to get paid the regular US dollars or Bitcoin or ether. So it’s a very simple process and, and I hope more of this is going to be done in the very near future. It’s being done now. But yes, I’m doing it.

Elsa Ramon
You’ve created an entire company, not only based on you know, founded upon decentralization, but a company that allows people that you’re building to transact with each other, and with other businesses this way and your company’s called coin linked. We’re in the baby steps right now of the company. Is that correct?

Jenny Ta
Yes. Oh, We are in the baby step actually, we’ve launched about three weeks ago. I am waiting for some news, which I cannot say yet. Probably within the next few weeks, so we got to break the news. Well v. Okay. So on to that news comes out. I’m not very aggressively hitting marketing just yet. Only because and here’s the thing, you know, and I want to share I, I, I spoke to you privately, Elsa that I mentioned that I would give your interview on your podcast a couple of exclusive that I have not share with anyone else before. One of that exclusive is, is what I’m sharing right now is because I’m so open with with my followers, my shareholders My friends, usually via Twitter, I made the announcement to go live on coin link, the first quarter of 2020. Then Little did I know, I, let’s just say I hit a deal. Let’s just call it a deal. And this deal is taking a little bit longer than expected. So obviously with Coronavirus, and the whole thing we launched three weeks ago, and the deal is still working. And so I have to launch because I’m very transparent. And I try to be as much as a public figure that I am to be a person of my word. Yes, I can delay it. But, but I don’t want any speculation. Something happened. So I lost. Yes, exactly. So I launched you the platform. Form is perfect. Yes, we have a couple bugs here and there. We’re actually having a version two of the app being updated within the next week or two. But that’s not what I’m waiting. I’m waiting for a much bigger news. And so once when that news is out, then I hope to have a lot more aggressive marketing to the platform, the platform probably would have free and clear all the bugs. And so that’s, you know, thank you so much for asking me about coiling. But that’s the the first you know, response to to your question. Of course, we can go further into what is coiling? You know, sure.

Elsa Ramon
Yeah, I would love to because I like that shot.

Jenny Ta
There’s I like that.

Bill Deignan
Yes. There’s you

Elsa Ramon
Right Yeah, right, right. Yeah, we’re showing coin link now and we’re showing it throughout our interview here. So now that we talked about decentralization and and defined it for for people, in terms everyone can understand and maybe appreciate how it might help them in their everyday lives. get ahead a little bit better financially and be more in control financially. Tell me how coin linked uses this technology, the blockchain technology and decentralization. And what can people do if they download download coin linked, and how can they apply it to their everyday lives?

Jenny Ta
Okay, so, to go back a couple of steps, How and when did I come up with with coin link? Um, a coin link is basically for entrepreneurs. Okay, we’re out there to hopefully resolve problems or a problem. problems that exists. And so we look at the problem and we try to resolve it in the best way that we could with coin link. The problem that I saw going in was adoption. Okay, and scalability of cryptocurrency or Bitcoin. I began to see I start following cryptocurrency probably in 20 2014 2015 but I was really deeply involved into it starting 2016 and obviously 2017 is in the record book because Bitcoin hit almost $20,000 that was late 2017 to early 2018. Still, all of these people and with Coronavirus COVID-19 people are more reserved up there their cash right there. Like we’re here in America, it’s the US dollar. They reserve their US dollar to pay rent, pay utilities pay emergency things. But when it comes to, you know, when you need to buy stuff like pair of shoes, clothes, you drop your phone, so you need to buy a brand new iPhone, whatever. Those kind of things was where coin link was born. Okay, everything is done seamlessly on the back. What that means is that coin link is a platform where you can utilize and any of your cryptocurrency but right now we only accept Bitcoin and aetherium right now, I will probably add a lot more stable coins and cryptocurrency after my big news announcement hopefully within the next couple of weeks, but for right now we’re just gonna keep it with Bitcoin and either, but that’s where it is, is it doesn’t matter where it doesn’t matter what website you find this particular item pair of shoes have fallen on Amazon or book, or whatever it is, you grab that link, and you bring it over to Coinbase. You fill out an order for on our app, you see the little button called market. You click on that, it gives you an order form. You fill it out, you paste that link to the order form. And we process your order for you. So what I’m looking to buy, para jatis stack whatever site a pair of shoes, yes. And bring them to China from Yes. From Russia from Amazon from it doesn’t matter where, okay. You bring that because every item online, passively link. Okay, you take that link, you bring it over to coin link You fill out an order form, you paste that link on the order form, you choose what you want to pay with right now it’s either Bitcoin or aetherium. Or you can still pay with Fiat, which is a US dollar. Yes, yeah. And then we processed it, you know, we add our service fee, we add taxes on it. And let’s just say the whole order comes out to be, you know, 200 bucks, whatever. We send the confirmation to you. And if you agree on that, that’s when you pay us with the Bitcoin. And from there, we place the order, whatever it is, for you on a Viet using Fiat and the location where you’re buying it from if it’s Nike, if it’s Amazon, it is Chanel, they will be the one who shipping you the product, not us. So the process is called True dropshipping and I believe that coin link is the first to market. There isn’t another platform like coin Nick out there. I know a lot of crypto Twitter, follow lolly or a couple other app that offers you. Either you purchase something and then they give you some kind of rebates in Bitcoin.

I commend everybody. Look, we’re all in the same community. Yes, there is a business and business competition there. But we’re all different. I mean, the market is growing. And the market is so big to the point that each of us take a piece of what we do. And that’s how adoption and scalability works. You know, so, lollies different a coin base Visa card is different. Ah and coin link is different so we don’t stand on our own.

Elsa Ramon
So just to clarify for those who are brand new, and trying to grasp all these terms, a couple of things mentioned in the conversation so a company called lolly is a company where you can shop for things through their plug in and you earn Bitcoin back and it stores it for you in an electronic wallet. And if you want to you can take it out and put it in your own electronic wallet,

Bill Deignan
Which is kind of like a rack That’s kind of like Rakuten but with crypto.

Elsa Ramon
with crypto right like you know, it’s the same concept of when you go to a store that you’re loyal to they give you their store bucks that you can use towards future purchases except with lolly it’s Bitcoin and it’s actual money you get for using their service so that that’s what that company is the other thing that that that Jenny brought up was the Visa card. There is a company that is allowing you to use a card that converts your cryptocurrency, your Bitcoin and when you make purchases, kind of like if you were in another country using your credit card it would do the whole conversion. That’s the simplest way I can explain that. And then you also mentioned stable coins, which is another one of those buzzwords that when people hear that they’re like, okay, what’s a stable coin? I know what Bitcoin is, but what’s a stable coin?

Jenny Ta
Okay, well, right now I’m just gonna share the most popular, stable coin. I mean, there are a mass of different types of tokens and coins out there. And to be honest with you, I would not call myself an expert, because we’re learning every single day. It’s a matter of fact, in the cryptocurrency community if you run up Cross anyone that claims that they are an expert, please run the other way. Okay. Because to this very day, even rules and regulations from the SEC, they’re still building the rules and regulation. So no one can be an expert. Okay? There are those who know more than others, because they’ve been in the business longer. But every single one of us, we’re learning about this every single day. So to answer your question, Elsa is there are a ton of tokens and coins out there. For the utility token site, they’re probably over 10,000 now, like, stable coins. There’s CeeLo Gols. Some of my friends there and I want to mention another group called Ampleforth. I think their ticker is a m p l. They too have a token. But each of those tokens some claim that they’re not a stable coin, and some are a stable coin. But particularly, I’m going to talk about Tether, which is you as you as DT, okay? Tether is one of the most popular, well known, stable coin within the crypto community, community community. And they pegged against the US dollar. Okay, so it just trade. You know, the reason why people talk about stable coins is because of that exact word. It’s stable. It’s like, it’s flatline. You know, so it doesn’t go up. It doesn’t go down. Have the volatility that doesn’t have

Elsa Ramon
Some of the others, right, right.

Bill Deignan
That’s true, but with the dollar

Jenny Ta
Right, but right But there’s a there’s a plus and a minus when it comes to stable coins, though. It depends on how you want use the stable coin. But let’s just say for traders like for like I’m a trader, I mean, stable coin would drive me crazy. Because I would say why would I want to spend $100,000 on stable coin just let it sit there, it would drive me crazy, right? I would rather spend my money like Bitcoin or etherium I rather have it spike up or spike down. I mean, that’s the volatility is what I love. Okay, so, but that’s pretty much a stable coin. For those who are new to your network or new to the community. I would highly recommend that you Google and you read about USD that is the US dollar and then the letter T at the end It stands for tender for so USD T. Yeah, that’s it. So that’s one of the most famous stable coin.

Elsa Ramon
So I know Bill, you wanted to talk to Jenny about some of the properties of her company coin linked. And it’s it’s a very important issue, especially right now what with what’s going on globally with the protests and the riots, and you paid a lot of attention to privacy on coin?

Jenny Ta
Well, I think it’s privacy and then censorship as well. I mean, that’s a that’s a big deal in the social media world for sure. The past week or so with, you know, Twitter sort of tagging some of the things President Trump has said, you know, you know, even see things like YouTube, you know, sort of censoring things in favor of the Communist Party in China. You know, all of that sort of, you know, bleeds into areas where people that are where we’re censorship data and identity and all these things start. It starts it’s it’s important to a lot more people than I think those companies may realize. But, you know, I know that in past conversations you and I know you and I have spoken before about censorship and your platform, which is kind of like, uh, it’s got elements of a Twitter in its format. But you know, what, sort of sort of your commitment to censorship or not?

Yeah, um, Thank you, Bill. It’s a great question. That is also another reason why I built quietly because within the last couple years on the current centralized social network, Facebook, which I don’t use, I use the most is Twitter. Then second to that is Instagram. But since I’ve launched coiling, I kind of dropped Instagram. I’m only using using Twitter and my own right now, obviously, right source. So when I was using the centralized platform, for example, Twitter, many times I felt outrage because I get banned. Like I had a verify account. And I just posted the video that I was on the LA traffic. And it happens to have Jennifer Lopez song in the radio, I was in my car, and I got banned for that. And one time shot, they never look back. They say my Jenny. And so even though I try to try to get it back, I didn’t I lost it. And then there were a couple more times when they banned the current accounts that I have for practically no reason at all. And I find anything you know, that’s crazy. So all of these things Along with with my own personal experiences along the way. And what Bill just asked and then the knowledge of blockchain and decentralization. I formed coin link with censorship resistance. Okay, what does that mean? That means that I believe in the freedom of speech, I believe in, you know, you have your freedom, your own free will. But what I don’t believe is the manipulation and a fake news. Okay, so, and and i don’t believe and like, for example, in the Bill mentioned with the stance of President Trump, versus a jack Dorsey and the stance of Mark Zuckerberg, I did send out a tweet that asked citizen of the United States. I will stand on the side with jack Dorsey. Okay. I’m asked the owner and founder of a social network that I am. I wanted to hold back, I still wanted to hold back my response until I have to do with it right on my platform. Right now, those situations are not on my platform. So I’m just going to speak from a standpoint of a US citizen. Okay. Um, but back to coin Ling is that I believe in freedom of speech. But as long as you speak with respect and you speak with logic, you speak with reasonability you just don’t back out fake news and start spreading it out on the platform, and especially when it can, you know, can damage your own country’s democracy. Okay, so So that’s one part, build. Um, another part that I built coining was of course, having social media platform. There are a ton and ton and ton of bots. Okay? Twitter has a ton Facebook has a ton Instagram has the time. And, and I figure it out. I believe these other founders they know too. I mean, I’m not claiming that I’m Einstein or I’m a genius. No, I’m not. I believe that. They also know too, but I just happened to be the one who executed. Okay. What does that mean? For example, everybody’s talking about how do we get rid of all these bots? How do we, you know, distinguish between Russian bots, China bought thoughts, lots of all kind. And I said, Well, that’s simple. I mean, think of it this way. Nobody’s right, right now on all these other platforms, they only verify the celebrities, the well known people or the influencers. But that’s a minimal number of people. That’s why you have the mass of bots going around. Now imagine I reverse the psychology, right? By for every user who wants to prove that he or she is a real person, that you’re not a bot. Imagine if my platform that you say I have 10 million users, and I verify all 9 million users. Everybody has a verified checkmark. Of course I can have different colors. Celebrities could be blue.

Reporters or journalists could be red, I don’t know different color but we’re all verified. That leaves the minority who do not want to verify Or chooses not to verify. They’re probably bots. And so if that’s the case, we don’t need to worry about that. We worry about the 9 million out of the 10 million users that that you say, coin Nick has, and everybody’s verified, you know, so. So that’s another thing on my platform bill that I take by of doing and, and besides verify the current platform, Elsa, I know you had a verify account before. And I have a verify account right now on Instagram. I used to have one on Twitter, they demand for you to use your real name. Like I have to use Jenny tall I have to use my real profile on my platform. The person only need to share that with the company. And if you wanted to use a Bitcoin King or you want to use you know, aetherium, queen or princess or whatever We will verify you and we will let you be the anonymous person that you are. But if your verify people see that you’re verified, they know that your account behind that account, there’s a real person,

Elsa Ramon
right Hi, bot, which thought effectively, when you eliminate the bots, you eliminate a lot of the dissemination of fake news and harmful news and that type of thing. It’s, it’s great. It’s a great idea and different levels of verification. So it I mean, this is why you call coin link to social marketplace. Well, I was gonna say that, that that’s the combination who I want this decentralized platform like Twitter, and then a place where you can shop as well.

Jenny Ta
Right? Yes, are ours is a social marketplace. Our users don’t list stuff. We were Bill mentioned something about I know, you have a profile on coin link bill. You mentioned that it looks a little bit like Twitter, which is true. I more three different platforms into one. Yes, Twitter, because again, I’m on Twitter the most. Number two is Instagram, obviously. And number three is obviously Amazon. So I more the three into the platform of coin link that we have. And to those out there say, oh, Jenny, you’re just copying others and I say You know what? Look in the tech world. Everybody copies everybody. And I can bluntly say right now, the king of copying is actually Facebook. And I’m willing to say that they copy everything from Snapchat. You know, the stories the Instagram and so don’t call me the copycat because it just What it is, it’s just like, in the dating world, you know, it’s like they say don’t don’t blame the players, but blame the game, you know? So don’t don’t blame the founder. Blame the industry, you know, so. So that’s my tape. But bill, you’re correct coin link is a more between three platform Twitter, Instagram and Amazon.

Well, I appreciate that. I was. I’m just I’m, I can’t predict what your platform is going to be like, because of that sort of hybrid nature of it. But I think just personally, where I get a little mystified with the idea of fake news, it’s sort of like beauty, it’s in the eye of the beholder in some cases, I think. How do you go about you know, if you want it to be an all inclusive type platform, how do you go about determining what’s fake news? Because I think in today’s world, it’s people can argue that, well, what you think is fake isn’t fake to me, and vice versa. And, you know, so I can certainly see a point where jack at Twitter would say, well, maybe we need to provide some other context for this tweet. But then where does it stop? You know, if someone else put something else up, there’s another sort of human element in in sort of biases that are brought from every direction to say, well, but you know, that one’s okay. And this one’s not. So we’re going to, we’re gonna point out some things on this one, but we’re gonna leave this one alone. So how do you foresee your platform sort of approaching that? Or is it the type of platform where well, we’ll just want one type of viewpoint to come use it.

My answer for you, Bill is just one word. One word and it’s decentralization Exactly how Bitcoin works right now. Okay, on the coiling platform. We’re currently a dual centralized and be centralized parts of our platform is centralized still, okay? And a piece of our platform is decentralized on the blockchain, and we are using the theory of networks, okay. And if you speak to some of the well known experts within the industry, they will probably suggest to a lot of founders or new founders, that to be centralized slowly. What that means is, is you know, you, most people, they just come out, just say, I’m decentralized, decentralized, that may not be a great thing. So that’s why I came out with the approach of a dual centralized in DC centralized and I will slowly decentralized everything. Okay. Going back to your question, imagine news like that of a Bitcoin on the blockchain, you know, or a Microsoft doc shared doc that I’ve shared earlier where everybody let you say, this particular controversy tweet that President Trump tweeted out, I believe was it last week when he teamed up with like, Why don’t want to repeat that right? I think it was right. We all know. Yeah, but we all know what that tweet is. And jack Dorsey took his stance, very controversial. And then Mark Zuckerberg took his stand. very controversial. Um, some stand with jack and some stand with with Mark but I believe yesterday was a massive walkout, I believe at Facebook. So Even some of the people who work for Mark, don’t stand what he believes in. So, but that’s a different story. Going back to Bill’s question is, imagine if a social network is on the blockchain, just like Bitcoin were different users have the opportunity to zero in on a news or a post, or, you know, Twitter is a tweet. to, to wait in that if this particular is fake news, or, or if it’s legit, remove it or leave it. I believe eventually show social media will head towards that path. But right now with centralized network like Twitter, and Facebook, are they going to continue With the fact of saying that, if it’s not broken, we fix it. Right? So they’re cranking in the money, they’re cranking in the advertising dollars and stuff. It’s going to take the younger generation who, who takes the risk in building something that is not the norm, and, and that it would benefit the society, and that it would solve some of these problems that we’re facing today. And everything can only be done one step at a time. And I hope a coin leak will be a part of that path.

Elsa Ramon
But I built to answer a part of your question too. I feel like the verification of everybody in the community helps with that too. People will be able to decide whether or not that person that they follow Whether or not they believe what they posted. I don’t believe Jenny and you could correct me if I’m wrong. You’re not talking about taking off. Anybody you feel that has fake news, like Bill said it could be a matter of opinion. It’s about at least in Twitter’s situation, I don’t believe they removed the President’s tweet, I believe they flagged it. People were still able to decide for themselves how they felt about it.

Jenny Ta
Yeah, they did do that. But they don’t do it for a lot of other things. And so

Elsa Ramon
I agree with you on that. Of course, like Jenny just said there are times that they just take away your verification or they, you know, put you in Twitter jail, because and you don’t even know what you did. So well, I understand that.

Jenny Ta
Well, if I may add, one of the most devastating loss on Twitter is this profile called Zero Hedge. very respectable profile, great greatness. And one day, he was banned. Okay. And there were a couple other profiles that were banned on the politics side there were this brothers. There were two brothers.

Elsa Ramon
Stain brothers.

Jenny Ta
Yeah, both of their accounts I used to follow very active and politics. Each of their account has three quarter of a million followers. So combined at 1.5 or more million, Zero Hedge. I believe he had a million followers on my platform. Look, I believe in three strikes, you’re out. Okay. And even with that three strikes, the majority of the community should have the same interest. Right? That’s not just me, not just the founder, not just a group. Like for example, I don’t know who Twitter people use probably jack Dorsey or the board when they banned people. I don’t know who they use. You just wake up one day. That accounts gone it just disappear. Right? I, I don’t believe in that type of process. Okay. On Koi Lake how I would run it is obviously three strike You’re out. That’s number one. And you’re right, Elsa in terms of verifying, I believe that the more that the people are verified, even if they use alias, they they would they would think twice before they they do something that

that would not be good for that. Okay, so

Elsa Ramon
the decentralized nature holds and the verification on coin link, in a way kind of, in my opinion, self police is a little bit with the help of the community so that if you are a part of this community, you I mean, you really are putting your reputation at stake and letting the community decide whether or not Not you are going to continue to be part of this community or not not a centralized figure, like we’re talking about with jack or whatever he uses to determine who should be in or out of Twitter. But a true decentralized base and a true community driven marketplace and social media site would be determined by the community, what happens in it.

Jenny Ta
Exactly. And that’s that going back to the definition of decentralization, is skipping the middleman. It’s not about Jenny tall, the founder of coiling, or and her bore making that decision, or Zuckerberg and his board, or jack Dorsey and his board, but it’s within the community, that the Twitter community, the Facebook community, or the queen knit community that makes that decision, and I would never ban anybody. Okay. I mean, why would you ban someone who could give them one year 123 say, hey, you mess up once. Here’s a one If you mess up twice, here’s a second one. If you do it again, then that means it’s intention, then we’re going to ban you. You just don’t ban people when you just wake up and then boom, they’re gone. I mean, that happened to me. Okay, so. So if people say, well, Jenny, how do you know that they don’t give I say, I’m using myself as an example. I woke up one morning, and it’s gone. Okay. So and I tried to get it back ever since. And I couldn’t and and they don’t even give me the reasons why I can speculate what reasoning

Yeah, but I’ve had that too. And it’s, it’s Yes, you build a business on it. And like, you know, I own an ad agency, and we do a lot of Facebook and in the light of advertising and, you know, you build your business and your reputation with your clients to be able to provide that service and then suddenly, I’ve had to just shut it down for a client and I’m like, and, and it’s okay, so POWs if they have an issue with what you’re doing, but they tend to do it with no warning, and it’s suddenly and they’ll say you in it’s usually with a explanation of violation of our community guidelines, which is, which is like that law. And then

Bill Deignan
and they’ll also then say, you know, because this ad had something, you know, that wasn’t quite with whatever their guidelines were. But then when you go to try to fix it, they’ll say, Well, you can’t fix it because we’ve disabled your account. like okay, well, we’re losing business because you’re you won’t even work with us. And you know, even as an ad agency, we find that we’re like, you’re treating us like crap because we’re helping you make a lot of money and you don’t even give us the courtesy of maybe picking up a phone and calling us or emailing and saying here’s an issue we need to address. I know that’s very maddening. And especially for business people building a business on a platform is dangerous

Elsa Ramon
YouTube. We watched it happen many times, especially with people as of late in the crypto community, who have built their business and their influence and everything on their YouTube channels, and then all of a sudden poof, it’s gone. They can’t get anybody. They can’t figure out why. That is centralization. That is that difference between decentralized and lateralization. And look, I, you know, Jenny and Bill, I think there are certain things I as we talked about a lot when I was a newscaster on broadcasting that there are certain things it’s okay to have an opinion on because they’re inherently horrible. We’re talking about murder, rape, sexual assault crimes against children. It’s, I don’t think you’re gonna find many people who are going to have an opinion against you, showing that you did that, that you have an opinion on something like that. If somebody were on a decentralized platform and shared Some abhorrent videos or things of those of that nature of the things that I just listed. I mean, I think as a community in a decentralized community, everyone can agree that that’s not something that should be in the community or should it?

Bill Deignan
Right, right. And one final thing on this topic that maybe we should surpass, bypass it is, is because it’s never gonna end, right. It’s gonna be centralized. But the thing about Twitter these days is it’s called shadow ban. And I first I said, you know, WTF, right? wtf, what is that? Right? And then I figure it out that it’s like how they they do the coding on the back, that they literally ban your profile, and I’ve seen this but many, many other profiles do people always say, you know, I think I’m shadow ban. Can you guys tell me about Do you see my tweet? So then their followers would reply Yes, I can see or whatever. I mean, that’s ridiculous. I mean, why would you want to shadow banned somebody? It’s either black or white. It’s either you broke our rules. So get out, or we’re gonna ban you, or you let the people freely it’s their time they built the platform. Yes, the platform is yours they using it for free. But you know, I mean, I mean, I was born in a communist country, you know, I was raised here when I was five, but it sounds so much like communism to me at times, you know, so, and I thought, Oh my gosh, you know, this, these companies are made in the USA, just like coiling on our about us, I make sure the first line is coin link is an American company. Okay. So freedom of speech, freedom of the law, freedom of the Free Press. You know, and anyways, that’s that’s another thing I mean shadow ban, they, they would hire coders to make sure they can code so that there’s such thing as a shadow ban. That’s ridiculous, you know, but anyway, yeah.

Elsa Ramon
I you know, this brings me to you talk a little bit about your background, you know, born in a communist country you were raised American after the age of five. your background is what makes the development of coin linked to me even that much more fascinating because you come from a world that is all about the US dollar. Yep, yep, yep. Tell us. Tell us about your background.

Jenny Ta
Well, I’ll tell you a little bit more about that. And this would be my second exclusive for you Elsa, just for you, Elsa, okay. I’ve never I’ve never never ever shared this before what anybody but I did write it in my book, Wall Street. Cinderella. But I will take out a piece of it for you. Many journalists actually many columnist reporters, they did ask me, but my response has always been that you can read it in my book, Wall Street, Cinderella. But anyway, but I will share this with you. But my book was, uh, I have not released my book yet. But there’s a pending movie deal. And so I wanted to release the book and the movie at the same time, so people don’t have my book to read it anyway. So this is really exclusive update exclusive. Um, the thing about my background is that yes, I was born in the midst of the Vietnam War, you know, Saigon fell 1975. And between 1975 to the early 80s. There’s a lot of what they call boat people, right? So I grew up within that era. Okay, so I’m here in the United States. I was raised in I was five years old. I was extremely poor. Okay, to those of you who are not doing well right now, I hope my story will inspire you because if I can do it, you can do it. Okay. I was raised by a single mother. I were secondhand clothes from my salvation army thrift store. And then I went through school and of course, went to college, finish college in three years. And I started working for shearson Lehman Brothers. Nowadays, they merge, JP Morgan or Morgan Stanley, they merge so many times, which is the financial sector. This is where it’s the key part where it made the person that I am today when I got my first job after graduating from college I was 20 years old. I work at shearson for 10 bucks an hour, okay. And I was working in the operations department processing, order tickets, you know, buy sell orders and new accounts. And I was there for about a year. And the stock market opens at 630. And it closes at one. So we have to go in early and we can leave by around two o’clock, that’s the end of the day for us. But at that time, you know, I didn’t have a boyfriend didn’t have any relationships. So I tend to stay at the office to about three or four without pay. Okay, I just like to stay there, processing stuff, you know, it’s better than going home. So one day, the biggest broker of that branch, had a beautiful corner office. Um, he came to the window as usually everything Does they drop off the tickets and paperwork into we’re in the glass cage so that the operation can process their orders or do that for the next morning before the stock market open. So that day he came through the window, he dropped off the thing and he just knocked on and he said, Jenny, and I said, Yes, sir. And, and he said, he was in his mid 50s, then, okay, and he said, Why don’t you go out and have fun? You know, you’re young, you’re, you know, much have dating you. Could I see you hear every day. And, you know, and then we went on, and he asked me, he said, Jenny, what do you want to do when you grow up? I mean, I was 2021 years old. And so I asked him, I said, Well, sir, I can give you a very blunt answer. You say yes, give me the blunt answer. And he say, Well, you know, I work in operations. So I kind of know how much everybody gets paid. Right? And I know you make six figure a month, six figure a month, one month. Okay? That’s net. That’s not even gross. And I told him I say, sir, I want to be where you’re asked. That’s the honest truth that I wanted to make the check that you’re making. And he was the biggest producing broker there. And his response, Elsa, and Bill, change me for the rest of my life. And his response was that Jenny, if you want it to make the money that I’m making,

then My only advice for you is to quit today quit, like leave the only job that I had. I was shocked because I was young. I didn’t understand what he meant. But of course, we went through and he explained the whole thing. And it was

okay. Can I stop you? Right? Can I stop you right there? Sure. Because you had a on a little bit of a cliffhanger. Because as it turned out, when you were telling us what he said to you, we kind of lost you. And I think it was probably important, pretty important what his advice was, but I couldn’t hear it. Could you do that again? Could you say that again? What his response?

Sure, sure. Basically, he just told me that if I wanted to make as much money that he was at the time, which is over six figure a month, net, not gross net, okay. I would have to quit, quit the only job I have to quit there. The place that I was working 10 bucks an hour. And he he went further on to explain obviously, and I will give you a very short version is that I as a female, an Asian female would never be able to climb that corporate Louder. So by his honesty, and that he was like a father figure to me, and that by his honesty, I quit. And I left the place 30 days later, and that was in San Jose. And I moved down to silicon, Orange County, Orange County. And life has changed for me ever since I went independent. I went very aggressive. I went to get my security licenses. And by the time that I was 23, I founded my first broker dealer. Okay. And by the time that I was 25, two years later, I was a self made millionaire. Now, if he did not, honestly tell me that, I bet you I would not be the person that I am today. So it takes vision. It takes time. burns, it takes, you know, everything that you got, it takes everything from your guts, okay? To do what you want it to do, and to this very day and even with coiling, I still have to go through that. I mean life. Is it easier, obviously, you know, because I’m well off now, but to form something like coiling it’s definitely not easy. So I’m still going through that but it’s the passion, the drive, you know that I wanted to get to a certain place. And if you have your mind and you’d have to will and you have the endurance you could get anywhere you want it to be. Hey, man,

Elsa Ramon
I love that story for you, but I love Well, you know, I love the exclusive but I love that. That the truth to the point where yes, no, no No, I’m going to show you and that’s why the truth is the best because right? I mean, look, you’d be working for somebody and maybe get a corner office, but it would end when they wanted it to and not Yeah, exactly. Right. Right, right.

Jenny Ta
Yeah. Yeah. So, I mean, actually, I wanted your audience to make sure they understand that that gentleman, that senior broker deal, I treat him like a father figure. I didn’t get the long version. But I thank him because it was his honesty, and that he was guiding me as if I was his daughter, and he was Caucasian. He was a Caucasian male, obviously. So I thank him to this very day because of his honesty. I think he built the character that I am because obviously, my mom doesn’t know today’s society to teach her daughter that so I have to learn these things from the outside world.

Elsa Ramon
Jenny, I can’t thank you enough for being here with us today. It was such a pleasure to talk with you learn about you what motivates you, because I think that’s important for people who are learning about this space and learning about the products that are available out there. Well, what’s behind it, who’s behind it? And what the motivation was that got you here today. So, thank you so much for being honest. Thank you for the exclusive and thank you for the time, especially for being with us.

Jenny Ta
Well, Elsa, and Bill, thank you so much for having me. It’s such an honor to be here with you guys. I’m sure we will have future calls again, with updates as I’m always going to give you the exclusive alpha. Yes, right. Checking. For sure. Yes, right. And my last few words to the crypto community the blockchain community is obviously I do ask for your support. I only launch coin link, as you hear, you heard the story from from me today, I am as genuine as I can be on Twitter or in real life. I built coin link with all that I’ve gotten. Because I help I want it to help with adoption and scalability. Maybe within the next couple weeks, I will eventually add a lot more tokens and coins into the platform to help those other projects that may want to, you know, more adoption and scalability for your token. And I hope you download the app. We’re on the website, coin link.com or you can Google. We could We’re also on the Apple Store, iOS and on the Google, we have three and a If you like what you see, please give us a good review. I don’t expect much, but I expect we give each other support so that Bitcoin can grow, the community can grow. And that’s that’s all I’m asking for. Thank you so much.

Elsa Ramon
Our pleasure.