What’s Next for Web 3 and Crypto?
I don't blame you for wanting somebody to talk to you about the future of cryptocurrency.
The problem is, nobody knows. Although lots of scammers will try to tell you they do. I will give it my best shot, although I am no fortune teller. We are all learning together to see if funding creators through a tokenized economy will work as a collaborative way to do business.
I have, however, been in the arena since 2013 when it was a much smaller, more secretive space. There was bitcoin (BTC), and later in the year, Ethereum (ETH). None of the other alt-coins. Better known by bitcoin maxis as shitcoins. In those days, The Silk Road website, run by the Dread Pirate Roberts, was selling drugs and guns to libertarians around the world.
But by 2020 there were thousands of coins, each one representing a dream or a grift and 2021 was an unbelievable year for making money in crypto, almost no matter what you did. Unless you used all the ETH you had accumulated since 2013 to buy NFTs.
Lots of new terms crept into everyday language: DAO, Web 3, NFT--you needed a glossary just to keep up with the words. What's a Degen? What's FOMO? What's Aping in? And what is a rug pull?