What The Block #01 - A Special Week in Crypto
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
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”.
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 ?!
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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 ;)
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
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
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.
Whiteboard Crypto - What is a DAO?
Delphi Podcast - Web3 is a shared experience
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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