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

CHECK OUT OUR SPONSORS

Range Rover: Explore the Range Rover Sport at https://landroverUSA.com

Miro: Bring your teams to Miro’s revolutionary Innovation Workspace and be faster from idea to outcome at https://miro.com.

Found Banking: Stop getting lost in countless finance apps and try Found for free at https://found.com/impact.

Netsuite: Download the CFO’s Guide to AI and Machine Learning for free at https://netsuite.com/theory

Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact

Factor: Get 50% off your first box plus 20% off your next month while your subscription is active at https://factormeals.com/impacttheory50 with code impacttheory50.

Follow Muneeb Ali:

Website: https://muneeb.com/

Twitter: https://twitter.com/muneeb

What's up, everybody? It's Tom Bilyeu here:

If you want my help...

STARTING a business: join me here at ZERO TO FOUNDER
SCALING a business: see if you qualify here.

Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.

If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you.

Join me live on my Twitch stream. I'm live daily from 6:30 to 8:30 am PT at www.twitch.tv/tombilyeu

LISTEN TO IMPACT THEORY AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory

FOLLOW TOM:

Instagram: https://www.instagram.com/tombilyeu/

Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en

Twitter: https://twitter.com/tombilyeu

YouTube: https://www.youtube.com/@TomBilyeu

Learn more about your ad choices. Visit megaphone.fm/adchoices

AWAKEN 2019: Being Amazed at the Gospel - David Choi