What The Block

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What The Block #01 - A Special Week in Crypto

www.whattheblock.xyz

What The Block #01 - A Special Week in Crypto

David Klingbeil
Apr 8, 2022
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Share this post

What The Block #01 - A Special Week in Crypto

www.whattheblock.xyz

Welcome back to What The Block, a newsletter packed with insights & intelligence about the Web3, Blockchain, NFTs and the Metaverse—written by me, David Klingbeil


gm everybody,

The web3 ecosystem is growing tremendously. The industry was once exclusively centered around the question of “what’s the price of Bitcoin?” but now offers a much more diverse range of discussions. It is now as much about the left part of the brain (crytocurrencies, mining,…) than the right one (NFTs, …)

The crypto space is usually a remote-first environment, however, the whole community has been gathering in South Beach this week for Miami’s Bitcoin 2022 event. This week-long series of conferences and parties, was full of excellent developments, including a new iconic sculpture that’s adding the “fun” to “non-fungible”.

Twitter avatar for @ShaanVP
Shaan Puri @ShaanVP
#2 - @FrancisSuarez revealed the new Bitcoin Bull statue in Miami at the Bitcoin conference. * 3000 lbs * has laser eyes * took 30 people half a year to build * Mayor Suarez has absolute cannons for arms
Image
6:47 PM ∙ Apr 7, 2022
198Likes18Retweets

Moments like that feel good but they also highlight some of our shortcomings. Web3, in its current form, is a triumph of technology but a failure of branding. And there’s much more work that needs to be done to ignite the desire to join the movement in the hearts and minds of crypto-skeptics…

Through this newsletter, I hope to make the world of Web3 more accessible and entertaining by curating news and insights that will make you think... What the Block ?!

WAGMI*

David Klingbeil
(Twitter - LinkedIn)

PS: feel free to hit reply to leave a comment, I read and answer every message

*We’re Gonna Make It, a popular way to cheer in Web3 ;)


This week’s must read
  • Check Out This Tiffany & Co. Jewel Encrusted Rose Gold CryptoPunk

  • JPMorgan CEO Jamie Dimon Says Blockchain and Decentralized Finance Are ‘Real’

  • Starbucks To Enter The Metaverse

  • Metaverse Will be Mind-blowing. Here’s How we Get There

  • Miami Welcomes the World to the Bitcoin 2022 Conference

Twitter avatar for @alexarnault
Alexandre Arnault @alexarnault
When punks go wild at @TiffanyAndCo #3167 Rose gold and enamel Cryptopunk. Sapphire and Mozambique baguette Ruby glasses, yellow diamond round earring. LFG!
Image
Image
2:40 PM ∙ Apr 7, 2022
3,009Likes425Retweets
  • What Is a Dynamic NFT?

  • Region of Madeira of Portugal is adopting Bitcoin

  • 5 NFT trends to watch

  • UFC fighters to get bonuses in Bitcoin for upcoming PPV events

  • UK Government To Release Its Own NFT in Bid To Embrace Crypto Technology


Food for thought

The Changing Face Of Digital Identities In Web 3.0

  • Almost everything you do online is tied to your digital identity (banking, commerce, services, government, …)

  • In web3, decentralized identifiers (DIDs) will replace centralized authorities to control digital identifiers. They are blockchain-powered solutions that give users complete control over their data, who they want to share it with, and how much they want to share.

  • When fully adopted, digital identities in Web 3.0 will allow users to “carry their full selves” through the fragmented ecosystems built across different blockchains, including their affinities and experiences reflected by what they have willingly shared on-chain.

  • The longer the on-chain history of a user, the more the trust.

How bitcoin enables freedom

  • Various political activists share their take on another example of “bitcoin solves this”-ism

  • In authoritarian regimes, there’s no way you can hide anything in your body, but with bitcoin you can hide it in your mind.

  • Bitcoin enables individuals worldwide to find freedom because anyone can use it, irrespective of race, gender and power status, and no one can stop it or control it. By taking the power over money away from a centralized entity, Bitcoin restores individual rights lost in authoritarian regimes worldwide.


Knowledge is power

Whiteboard Crypto - What is a DAO?

Delphi Podcast - Web3 is a shared experience


What I’m watching

The Defiant - is Stepn the future of crypto powered fitness?

SNL's take on what's an NFT


That’s all for this week’s episode of What The Block!

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What The Block #01 - A Special Week in Crypto

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