Distilled video-thread🧵of insights from different areas of the blockchain space, discussed at #tedtalks in recent years
Blockchain embedded into the fabric of the internet, is a novel software platform for innovation & democracy
This is about progress, not perfection
1/ @MatthewRoszak believes blockchain is one of the biggest inventions of our time. A novel software network platform for human innovation.
"lock your door, turn off your phone, and study this technology for a day"
2/ Kayvon Tehranian, @saturnial, distills context & future of NFTs - how embedding property rights into the code of digital portable assets will globalize ideas & creativity
"this represents a breakthrough innovation for any industry predicated on royalty payments"
3/ Again, @saturnial discusses how portable decentralized digital value can create radical new possibilities through the internet, with property rights baked in
"an internet where economic control rests in the hands of creators, not platforms"
4/ Laura Shin @laurashin on how our human digital assets will have financial value, through embedding smart contracts into digital services
"people will become the worker, the owner, and the shareholder"
5/ Cyrus James Khan @cyrusjameskhan boasts both the flow & clarity on how digital content generation could become frictionless
"every time an NFT gets resold, its' original author will earn his royalty, and this has been unprecedented in the digital world"
6/ Don Tapscott @dtapscott presents a case for the sharing economy could become peer-to-peer blockchain platforms, owned by the people
"the big sharing economy disruptors in Silicon Valley, could be disrupted, and this will be good for prosperity"
7/ Bettina Warburg @BWarburg on the evolution of society, how institutions have helped in lowering uncertainty
"for the first time we can lower uncertainty not just with political and economical institutions, but we can do it with technology alone"
8/ Chris Miess on how blockchain is a strong tool of democracy, and could have avoided suffering of his family
"to me, blockchain is about freedom"
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Digital Assets - the next asset class & organizational frontier
Music, lines of code, patents, data, ride hailing protocols, and even people skills - are all potential drivers for Digital Assets becoming the 6th major asset class & new vehicle for existing classes
Thread 🧵
1/5
Digital assets could both generate an entire new asset class, but also become an agent for the 5 major existing classes converting into….increasing cost-efficiency substantially if for example companies, real estate and commodities were put into this new digital vehicle
2/5
Currently, Digital assets are valued at 2 trUSD (half in currencies & digital gold and other half in ”Smart protocols”)
This equals to a ~0.1% share of all types of global assets at around 1,500 trUSD
..or ~0.8% of global Equities & Bonds bundled together
Thread on the potential disruption of our economic model 🌎
When renewable materials merge with recycling tech & smart sensors, it could supercharge the transformation of how we drive & measure economic activities.
We need to break our eternal growth model from the core.
👇🧵
1/15
We need to remanufacture stuff close to point of consumption 🌎
Globalization has brought massive positive impacts on billions of people’s lives, but as a consequence the environment is being destroyed
Regional closed manufacturing loops should be the end-game solution
2/15
Stable backbone, instead of volatile.
The backbone of our global economic model is built on thousands of moving variables, often hinged on arbitrary human choices for egoistic reasons, with mass negative externalities.