Revolutionizing Currency with Goldbacks

By now you may be aware of bitcoin’s origin story that begins following the 2008 financial crisis. The essence of cryptocurrency continues to evolve with every new blockchain technology. It’s an innovative space being fueled with unprecedented energy. In the midst of so many innovations on blockchain, bitcoin continues to stand as a storehouse of value that no other cryptocoin has been able to compete with.

Muneeb Ali is a Pakistani computer scientist with a PhD in computer science from Princeton, co-founder and CEO of Trust Machines. He is co-founded the Stacks project, a unique programming software created to be smart contract layer that sits on top of bitcoin minus the tension. Muneeb is CEO of Hiro, a developer tooling company.

In this conversation Muneeb and Tom discuss the unique attributes that allow bitcoin to stand high above the rest and the likeliness of its usability in a practical marketplace. This is about a deeper understanding to what is incentivizing blockchain, why it’s drawing in so many people, and its implications to web 3.0

To learn more about Web3, Impact Theory has created a free resource for all that are interested. You are welcome to explore and learn with us as we continue to grow: https://web3u.impacttheory.com/

As you know, it’s my mission to help teach you how to build the MINDSET and SKILLS that will help you live an extraordinary life - and over the last few months I’ve been working hard behind the scenes to help create a brand-new tool that will help you do that. It’s called Kyzen - and I am proud to announce that I will be bringing it to the world later this year to challenge you to empower yourself and accomplish greater things in life. To learn more, join my Discord at impacttheory.com/discord!

[Original air date: 5-24-22].

SHOW NOTES:

0:00 | Introduction to Muneeb Ali

1:24 | Web 3.0 Explained

6:06 | Decentralized Blockchain

12:58 | Bitcoin’s Incentive Structure

22:01 | Sound Money Revolution

36:05 | DeFi Money Market

47:11 | Crypto Marketplace

55:55 | Future of Crypto Regulation

58:44 | Bitcoin, Smart Contracts, & Stacks

1:13:20 | Bitcoin Usability & Predictions

1:26:44 | Onboarding Cities into Web 3.0

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Follow Muneeb Ali:

Website: https://muneeb.com/

Twitter: https://twitter.com/muneeb

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