Episode 293
How to Explain Web 3 to Web 2 Friends
NFT and crypto enthusiasts are still having a hard time explaining Web3 in plain English. The leaders of Web 3.0 companies met with the US Congress on December 8, 2021. Brian P. Brooks, CEO, of Bitfury Group, beautifully explained Web 3.0. Today we will revisit this timeless clip to help onboard new people into the space
Full Congressional Hearing on Youtube: https://youtu.be/4oOTvtupND8
Video Timestamps:
Brian Brooks Q&A Timestamps:
Intro - 24:23
Main content for this episode - 52:26
USD status as reserve currency - 1:26:53
Decentralized vs central control - 1:31:35
Amazing crypto to baseball analogy - 1:48:49
Law Enforcement in a Decentralized System - 2:08:56
Blockchain enhances cybersecurity - 2:46:50
Why big banks fight crypto - 3:41:31
12 Eth Essentials: 12 Ethereum Essentials
Newsletter: https://NiftyBusinessweek.com/
Twitter @TropicVibes: https://twitter.com/TropicVibes
Email: mail[at]niftybusiness.co
NFT 101 Episodes:
#47 - NFT Words & Verbiage Part II
#97 - NFT Words & Verbiage Part III
Need a Ledger Hardware (Cold) Wallet?
*Using this referral link supports this show at no extra cost to you:
Recommended Reading for Web3 Enthusiasts:
The Bitcoin Standard: https://amzn.to/3K31jvL
The 10 Best-Ever Anxiety Management Techniques: https://amzn.to/3YphPL2
*Amazon affiliate links
