Cryptocurrency: A Technology That Is Going To Ride The Rest Of The Technological Wave
(Edited)
Cryptocurrency is a done deal. I have stated that a few times. The reason for my certainty with this is because I look at cryptocurrency from the technological angle. All else, like CBDCs, are based upon the financial, not technological.
In this video I discuss how we are seeing great technological advancement. We are in the digital world, moving to virutal. Cryptocurrency is the only thing that can keep pace. The rest of the financial/monetary arena is lagging because it lacks this side to it. As we forge ahead over the next 10-25 years, cryptocurrency will be a technology that can join with others to provide the resources and growth needed to operate in an abundant environment.
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In this video, the speaker discusses the intersection of technology, abundance, and cryptocurrency. He emphasizes the importance of viewing cryptocurrency not just as a financial asset but as a technology that is continuously evolving and has the potential to disrupt various industries. The speaker expresses confidence in the future success of cryptocurrency due to its ability to keep pace with the rapid technological advancements we are experiencing.
The speaker criticizes Central Bank Digital Currencies (CBDCs) for being focused on financial attributes rather than technological innovation, suggesting that this approach will hinder their success in the long run. He highlights the need for experimentation and innovation within the cryptocurrency space, particularly in areas such as governance, token distribution, and incentive models.
Throughout the discussion, the speaker references various projects and concepts within the cryptocurrency space, such as DeFi, NFTs, smart contracts, and blockchain technology. He also mentions specific individuals like Charles Hoskinson and Dan Larimer, who have been involved in creating innovative blockchain projects.
Overall, the speaker advocates for a technology-centric approach to cryptocurrency, emphasizing the significance of continuous innovation, experimentation, and adaptation to drive the growth and success of the industry in the future.