Cryptocurrency Is Going To Reach High Value Levels Due To Technology
We see a lot of potential in technology.
Here are some headlines that forecast some of the potential of different technologies.
https://ark-invest.com/articles/
Even if they are off by 75%, that is still a lot of growth.
The question is where does all the money come from to fund the research and expansion? As stated, we are already suffering from a shortage.
To me, the answer comes from cryptocurrency. This is where we are going to see enormous value built which then can be used for other projects.
▶️ 3Speak
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very true Cryptocurrencies can provide enough capital to lay the foundations of the new technology
CRYPTOCURRENCY remains the key to the future financial system, crypto can really do much in the Coming years we have enough potential and capital.
It is going to be the foundation in coming years. It is the new monetary system.
Posted Using LeoFinance Beta
Sure that's right
https://twitter.com/tarunhalder590/status/1542110537156280320
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Did you just go Black&White? ;)
Summary:
In this video, the speaker discusses the tremendous potential for growth and innovation in technology and cryptocurrency. He reflects on past growth rates and the current technological advancements that are driving exponential growth in various industries. The speaker emphasizes the need for massive investment to support this growth and suggests that cryptocurrency could play a vital role in providing the necessary funding. He also touches on the potential of different technologies such as AI, EVs, renewable energy, and quantum computing to revolutionize various sectors.
Detailed Article:
The speaker starts by acknowledging skepticism towards his bullish forecasts, particularly in the cryptocurrency space, highlighting the difficulty in comprehending numbers in the quadrillions. He reflects on the historical perspective of growth rates, noting significant advancements in technology, communication systems, computation power, and cost-effectiveness over the years.
He delves into headlines from ARK Invest, discussing projections for various markets, including AI software, digital advertising, equity markets, Tesla's value, augmented reality, and technologically enabled innovation. Despite potential market pullbacks for high multiple tech projects, he emphasizes the significant growth expected in these areas.
The speaker then shifts focus to the EV market, particularly Tesla's exponential growth in vehicle deliveries and the substantial investment required in batteries, renewable energy, and energy storage. He mentions the growth projections for the fossil fuel industry, contrasting it with the rapidly evolving landscape of automation, robotics, and advanced industrial machinery.
Transitioning to the role of cryptocurrency in funding technological advancements, the speaker highlights the constraints of the current monetary system post-Great Financial Crisis. He explains how the lack of money in the real economy has hindered sustained growth, leading to a significant GDP shortfall in the United States. He underscores the need for substantial investment in various technologies like AI, VR, renewable energy, quantum computing, and faster networks, all requiring significant funding.
The speaker notes the potential of cryptocurrency to address the funding gap, citing the limitations of the traditional banking system in expanding the availability of money. He envisions a scenario where cryptocurrency plays a pivotal role in unlocking massive valuations in various sectors, provided there is utility and substance behind these investments.
In conclusion, the speaker encourages viewers to explore the projected growth in different technological fields and the enormous amounts of money involved, underscoring the transformative potential of advancements across industries.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.