”We need stability components, mixed with novel solutions, with interoperability between them”
”Governance needs to evolve for this to break through in society”
”Capital and talent goes to where friction is the lowest”
”Media news networks had all the distribution and regilation, then the internet came and lowered frictions. A very similar phenomenon will happen with banks”
”Banks that survive, will have to tokenize themselves”
”People won’t self-custody, wealth will sit on top of protocols”
”Code, blockchains and applications, instead of state, fiat and banks” đź§
”Things take time, and there are massive challenges, it is soo difficult to be an entrepreneur in crypto protocols”
”Data is so transparent, with massive benefits - a whole new way of doing due diligence”
”The industry has not been disciplined and smart enough, but things take time”
”Finding equilibrium is very difficult, battletesting protocols is almost impossible to do without large risks”
”The onboarding of young generations in the past few years is vast” ⤴️
”Internet was able to move information between borders without intermediaries, now its the first time that value can move freely without gatekeepers”
”What to do in a bear market? Good exercise is to go back in history and use bear market to build reputation and sharpen skills”
”Historically, we will look back this as a digital renaissance”
@JoshuaRosenthal put the crowd on an extremely innovative time machine, connecting history with the future đź§
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"
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.