The GaryVee Audio Experience The Future of Bitcoin, NFT’s & the Decentralized Web | Interview on CoinDesk
Mar 17, 2021
The discussion dives into the dynamics of Bitcoin and NFTs, comparing their evolution to the internet stock boom of the '90s. It questions whether NFTs are merely a bubble and imagines their future as symbols of wealth. The conversation also highlights Bitcoin's legitimacy as a currency and its potential for global adoption. Furthermore, it explores the future of decentralized social media, addressing both the opportunities and public concerns surrounding these emerging technologies.
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NFT Bubble Parallels Dot-Com Boom
- The NFT market resembles the internet stock bubble of 2000.
- NFTs will likely be a lasting framework for trade and utility, but some current projects are overvalued.
Marketing Bitcoin
- Sell Bitcoin by focusing on its historical context.
- Explain why gold and fiat currencies emerged, emphasizing human psychology and potential future adoption.
Marketing NFTs
- When marketing NFTs, relate them to familiar digital purchases, like Fortnite skins or Instagram verification.
- Highlight the metadata, access, memberships, and VIP experiences tied to NFTs.