The digital world operates like none other. It is exponential to a degree unlike anything in the physicial world. That is why companies like Amazon and Facebook could experience such rapid growth.
In this video I discuss the idea of Hive as a nation along with how economic output required money. All of this is possible with crytpocurrency and blockchain.
▶️ 3Speak
There are companies which, if they want growth, must open up much more to the cryptographic world and especially Hive, so the more the investment is made, the return will be interesting
You could have linked cryptographic using the Main Menu provided by LeoGlossary.
It is vital we optimize all the content we can.
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Very well, smart contracts allow a project to get the value for what its really worth in return just like 3speak.
.... as against youtube where the user is basically used to earn money and the creators get just a cut from it.
Like you mentioned, Amazon and Facebook, tapped well into technology for them to amass their growth.
Word available for linking with @LeoGlossary.
Smart contracts
Technology
Money
Web 3.0 is a powerful model. It is changing the data structure along with the ownership model.
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I think that decentralized nations are going to eventually be a thing. I hope that we can figure out ways to achieve this as well as other ways to get the things that we need alongside it like decentralized protection and all that. It’s certainly interesting to think about!
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Decentralization is important. However, it is vital that we understand the foundation of distributed ledger technology and what it brings to Hive.
This is something that I think most overlook. It is not a ledger like a bank which Bitcoin. Instead it is more like Medium or Facebook.
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Summary:
In this video, the speaker discusses the concept of economic productivity and growth over time, particularly in the digital world. He emphasizes how technological advancements contribute to economic expansion and the potential for future growth. The speaker delves into the tokenization of various assets and discusses the significance of utility tokens. Furthermore, he explores the development of smart contracts and the importance of easy smart contract implementation for platforms like Hive. The video also touches on the evolution of the internet towards a more interactive and algorithm-driven structure, leading to the digitization of various aspects of life. The discussion concludes with an overview of the Hive Nation's strength and potential in the context of the broader cryptocurrency landscape.
Detailed Analysis:
The speaker begins by highlighting the natural tendency for economic activity to increase over time due to factors like knowledge, innovation, and technology. He points out that metrics like GDP may not fully capture economic productivity, referencing platforms like YouTube that generate substantial content and engagement but might not be fully accounted for in traditional economic measures.
The discussion then transitions to the tokenization of assets, including real estate, equities, and bond markets, and the emergence of utility tokens designed for specific use cases. The speaker predicts a future where all assets will be tokenized, contributing to significant economic changes.
The conversation shifts towards Hive and its potential for growth, emphasizing the importance of smart contracts for facilitating complex transactions efficiently. The speaker contrasts Hive with other platforms like Ethereum, noting its lack of scaling issues despite the need to improve smart contract capabilities.
The speaker also touches on the evolving nature of the internet, highlighting trends towards a more interactive and algorithm-driven online experience. He stresses the importance of capturing value through cryptocurrency and discusses how traditional business models are being disrupted by these innovations.
In conclusion, the speaker expresses optimism about the future of economic growth, particularly in the digital realm, and underscores the strength of the Hive Nation ecosystem compared to other platforms. He encourages viewers to consider the transformative potential of advancements in technology and cryptocurrency.
Overall, the video provides a comprehensive analysis of economic growth, digital evolution, tokenization, smart contracts, and the potential for platforms like Hive in the context of a rapidly changing economic landscape.
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.