We are seeing a paradigm shift taking place in cryptocurrency. The existing system is amazing at generating wealth. However, the sad part is that those who actually do the work making the companies valuable tend not to share in the value of the company. This is especially true in IPO situations.
In this video I discuss how we are witnessing the emergence of a new model. Now, through tokenization, the ones who are actually involved in the building of the project will benefit from the efforts put therein.
▶️ 3Speak
As you said, the internet messes up every single industry on it's first wave through because people find new ways of doing things. 10 years ago, digital stable coins were not even being considered but now banks are now considering implementing their own so crypto will boon. However, I think crypto projects that develop enticing features will boon so not all crypto currencies will be treated equally.
The mass censorship of information has caused a huge exodus from the traditional platforms but I think only a few of these networks will win in the end. People may use one or two on the side, but ultimately I believe they will settle on one that has 1) friends/contacts they want (tends to be the ones that are most popular) and 2) features of the application.
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It will be interesting to see where people gravitate towards. It is vital to get involved in the discussion. That is why Leofinance is so interesting. We will be at a place, within the next couple months, that puts it in the discussion as a legitimate answer to what is taking place.
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We've been on cloud 9 this past week...Seeing all the excitement around social media projects on the blockchain.
Can't wait for LEO's microblogging platform. I think it'll change so much.
But you are right...If you aren't getting excited now, and blaming 'the whales' you aren't paying attention. This is open to ALL of us. What will you build today?
Don't just talk about it, be about it!
Great video man!
Thanks @jongolson. It is vital for all to know they have a part but this is not more of the parasitic economy.
People actually have to come and take action. The key is to create something of value. The offer is there to all of us.
The question is will people do it?
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I like your point with the whales. Yes they eat up a lot, but they also give back important amounts for the ones sticking around them.
I've learned to make friends with the whales and accept my status. Fighting the whale concept might lead in missing a lot of opportunities though.
Indeed an era of abundance. It's almost three years since I plunged into content creation and now I'm in about five crypto rewarding streams. I am excited about the next few years ahead, conscious though about the bear market following this bull one.
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Want to venture a guess where you will be in 3 more years? Or where this industry will be?
Exciting times my friend.
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Indeed.
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Very good video!