The Wealth Created In Crypto/Digital Assets Is Going To Be Enormous
(Edited)
We are just starting to see the start of what will be generated in the world of digital assets. Mark Cuban sold a NFT of a tweet for $900. Talk about creating money out of thin air.
In this video I discuss how we are going to see some monetary levels that few are even considering. We will see quadrillions of dollars in wealth generated.
▶️ 3Speak
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I really agree. And I'm investing my efforts in growing what I have.
Maybe in the future I'll be doing very nicely. But we will see.
Thanks for your work. Love it!
I was on a NFT site the other day and saw people selling lots of NFTs in the $1000 range. Totally changed my attitude about NFTs.
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I wonder how "copyright" will be dealt with in the NFT realm. It is already complicated as it is with videos and photos. I can only see that this will be a huge mess. Are there going to be copyright trolls who buy out the rights to a photo and sell out NFTs? Then how are the rights for everything going to be calculated.
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Investing in NFTs is a very risky business. People could easily get burned. Think cryptokitties.
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@taskmaster4450 that is true,infact I believe that many wealthy people will be created via the cryptocurrency business and it will change our definition of what a wealth should be like...it will be an innovative way of becoming rich....
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Summary:
In this video, the speaker discusses the massive potential for wealth generation in the cryptocurrency space over the next decade. He emphasizes the significance of tokenization processes, NFTs, and the expansion of digital assets. The speaker touches on the exponential growth expected in the cryptocurrency market cap, the potential of various blockchain projects, and the vast possibilities in the world of decentralized finance and digital ownership. He also mentions the emergence of new types of tokens beyond traditional cryptocurrencies, highlighting the democratizing effect this could have on investing and wealth distribution.
Detailed Article:
The speaker opens the video by expressing his anticipation of significant wealth creation opportunities in the upcoming years within the cryptocurrency sector. He begins by highlighting Bitcoin's potential for further growth, suggesting a minimum 10x increase in value and emphasizing the continual inflow of money into Bitcoin. He then shifts the focus towards the broader cryptocurrency market, stating that the current $1.5 trillion market cap is just a fraction of what it could become.
The discussion delves into the concept of tokenization and its potential for introducing new investment avenues and wealth generation strategies. The speaker elucidates the idea that the existing cryptocurrency market cap displayed on aggregators might not reflect the true valuation due to undervalued projects that are set to explode in value. He uses NFTs as an example, illustrating how the creation of a vast number of valuable NFTs could significantly impact the overall market.
Furthermore, the speaker explores the concept of tokenized experiences and assets, such as NFT photos, highlighting the transformative power of digital ownership and tokenization processes. He brings attention to the increasing trend of tokenizing various forms of content and assets, indicating a shift towards the virtual and digital realm.
The conversation extends to projects like Leo Finance, a platform mirroring Twitter's functionality but with a monetization mechanism through upvotes that reward users with monetary value. The speaker envisions a future where a wide range of digital assets, including access tokens, governance tokens, security tokens, and more, offer diverse investment opportunities and avenues for wealth accumulation.
Lastly, the speaker touches on the potential evolution towards a post-monetary world, where the democratization of wealth through various digital assets could redefine how individuals engage with financial systems. He emphasizes the abundance of investment opportunities in the cryptocurrency space and the potential for a more inclusive and expansive financial landscape where traditional barriers are removed.
In conclusion, the video serves as a comprehensive exploration of the transformative potential of cryptocurrencies, tokenization processes, and digital assets in reshaping wealth creation and distribution in the future. The speaker's insights provide a compelling outlook on the evolving financial ecosystem and the opportunities it presents for individuals to participate in new forms of value creation.