How to Explain Web 3 to Web 2 Friends

Episode 293 of the Nifty Business Show podcast, hosted by Nifty Business, titled "How to Explain Web 3 to Web 2 Friends" was published on September 2, 2022 and runs 13 minutes.

September 2, 2022 ·13m · Nifty Business Show

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Episode Description

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 space

Full Congressional Hearing on Youtube: https://youtu.be/4oOTvtupND8

Video Timestamps:

Brian Brooks Q&A Timestamps:

Intro - 24:23

Main content for this episode - 52:26

Crypto volatility - 1:09:39

USD status as reserve currency - 1:26:53

Decentralized vs central control - 1:31:35

Amazing crypto to baseball analogy - 1:48:49

Law Enforcement in a Decentralized System - 2:08:56

Blockchain enhances cybersecurity - 2:46:50

Why big banks fight crypto - 3:41:31

12 Eth Essentials: 12 Ethereum Essentials

Newsletter: https://NiftyBusinessweek.com/

Twitter @TropicVibes: https://twitter.com/TropicVibes

Email: mail[at]niftybusiness.co

NFT 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 III

Need 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/3K31jvL

The 10 Best-Ever Anxiety Management Techniques: https://amzn.to/3YphPL2

*Amazon affiliate links

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