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 spaceFull Congressional Hearing on Youtube: https://youtu.be/4oOTvtupND8Video Timestamps:Brian Brooks Q&A Timestamps: Intro - 24:23Main content for this episode - 52:26Crypto volatility - 1:09:39USD status as reserve currency - 1:26:53Decentralized vs central control - 1:31:35Amazing crypto to baseball analogy - 1:48:49Law Enforcement in a Decentralized System - 2:08:56Blockchain enhances cybersecurity - 2:46:50Why big banks fight crypto - 3:41:3112 Eth Essentials: 12 Ethereum Essentials Newsletter: https://NiftyBusinessweek.com/Twitter @TropicVibes: https://twitter.com/TropicVibesEmail: mail[at]niftybusiness.coNFT 101 Episodes:#36 - Web 3.0 Explained #225 - NFTs Explained#30 - 10 Reasons to Buy NFTs#7 - NFT Words & Verbiage#47 - NFT Words & Verbiage Part II#97 - NFT Words & Verbiage Part IIINeed a Ledger Hardware (Cold) Wallet?*Using this referral link supports this show at no extra cost to you:Ledger Affiliate Link Recommended Reading for Web3 Enthusiasts:The Bitcoin Standard: https://amzn.to/3K31jvLThe 10 Best-Ever Anxiety Management Techniques: https://amzn.to/3YphPL2*Amazon affiliate links