The Age Of Abundance: Crypto Starting To Get On The Radar

▶️ Watch on 3Speak


We are seeing a lot of activity in the cryptocurrency world. There is venture capital starting to flow in, hundreds of millions of dollars worth. This will accelerate development.

In this video I discuss how those who are involved in crypto are positioned well.


▶️ 3Speak



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Finally! Great video, and we are about to skyrocket.

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I am not sure I would put a downpayment on a house with your crypto profits just yet. LOL

We are getting more attention but not sure how soon things really start to move in terms of the price action.

Posted Using LeoFinance

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Summary:
In this video, the speaker discusses the age of abundance, particularly focusing on the advancements and shifts in perception within the cryptocurrency industry. He highlights the significant progress made in attracting venture capitalists to fund companies involved in cryptocurrency. The speaker talks about the need for development and infrastructure in the cryptocurrency space to transition it into a full-fledged financial system. He emphasizes the decentralization trend in various industries, such as technology and mentions the potential for deflation resulting from the current global crisis. The discussion extends to the concept of Web 3.0, encompassing decentralized social media and the broader digital transformation known as the metaverse and multiverse. The speaker touches on advancements like quantum computing and synthetic biology, indicating the expansive possibilities brought by Web 3.0.

Detailed Article:
The speaker starts by addressing the ongoing shift towards abundance in the cryptocurrency sector, noting the increasing interest from money players and venture capitalists. With examples like Andreessen's venture capital firm raising significant funds for cryptocurrency-related ventures, the speaker highlights the importance of these investments in developing the necessary infrastructure for cryptocurrencies to evolve into a mainstream financial system. He acknowledges the potential resistance from those with a wild west mentality but stresses the inevitability of needing substantial financial resources for development in the digital currency space.

The discussion then delves into the concept of decentralization across various industries, drawing parallels with technologies like 3D printing where decentralization allows for broader accessibility and innovation. The speaker mentions the current deflationary spiral due to the global crisis and its impact on consumer behavior, predicting a trend of decreased spending in the coming months. However, he also acknowledges the potential benefits of deflation for consumers while highlighting the challenges it poses for employment.

Moving on to Web 3.0, the speaker outlines its scope beyond decentralized social media to include the metaverse and other digital layers intertwining with our physical and biological worlds. He emphasizes the transformative potential of Web 3.0 in areas like synthetic biology, genome sequencing, and the convergence of multiple realities into a digital representation.

The speaker then shifts focus to technological advancements such as quantum computing and synthetic biology, highlighting their potential to reshape industries like healthcare, agriculture, and pharmaceuticals. He underscores the rapid progress seen in the IT and digital realms over the past few decades, citing examples like the exponential growth in computing power and the decreasing costs of technology-driven products.

Regarding the cryptocurrency market, the speaker expresses optimism about the growth of cryptocurrencies like Bitcoin and Ethereum, pointing out the potential for other tokens tied to specific applications to make significant strides. He mentions projects like Actifit and Leo Finance on the Hive blockchain, emphasizing the transformative impact a successful cryptocurrency investment could have on an individual's financial situation.

In conclusion, the speaker touches on the benefits of reduced costs resulting from advancements in technology, hinting at a future where automation and increased productivity lead to lower prices and societal changes. He sees cryptocurrency as a tool to address wealth disparities and anticipates a period of enhanced productivity post-pandemic, although he acknowledges the uncertainties surrounding this transition.

In essence, the video explores the age of abundance from various angles, weaving together discussions on cryptocurrency, decentralization, technological advancements, and the societal shifts driven by digital transformation.

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