GM: what’s happening in web3?

Recorded: March 30, 2023 Duration: 0:31:28

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I'm so happy.
I didn't actually got it.
You asked you to me, isn't it? Yeah, yeah. Okay. Oh, it's great. It's great. Actually, I'm going to Rio today. Yeah, it's nice. I'm kind of excited to the event. Kind of nervous to speak on this stage as well, but
Yeah, it is what it is. It happens. I'm sorry? Yeah, it happens and you'll get to be nervous. You feel I'm not nervous. You don't have fun. Yeah, I agree with you.
comes from the adrenaline, you know? When you're a stage you have adrenaline. What makes you good is to feel nervous because you need to know a lot, to not speak very well. So, you need to be nervous.
It means that you care. Exactly. And that is an important situation for you. Yeah, that's the big thing, you know? Yeah. I don't, I usually don't get so nervous on this nice stage.
When I'm in the stage, I get anxious. Not to go eat up. Most people got nervous. I had this kind of nervousism of going up on a stage. But from the lately, lately times, I have been more
anxious throughout the like the speaking the talking then in the moment that I'm going you know to get to stand up and go yeah I feel yeah it's strange but happy
And one thing that is crazy is that most people like to have a talk like people like to have like they all they're only only them aren't giving the talk but actually I go I
I like to give a panda, you know, to be... Yeah, I love it. I love it. I think my friend's on the stage. Yeah. Because I think it's more fluid, you know? Yeah, I feel so selfish when I'm talking alone.
Yeah, and it is so it's so boring, you know, it's so easy to get bored, boring, you know. Yeah, and you know like, oh, just me. Yeah. Oh, do I think I am ridiculous and it needs to be very interesting the thing that you are talking and sometimes
you will rush too much and don't take the time to ask the right questions to the audience. But you have this balance.
I agree with you totally, totally. Yeah, the best times that I got up on the stage were in in Thanos.
How many times did you get up in the stages? In panels I think three or four, like that. Four, four.
in Venice.
And you was with Kuri. So Kuri is my pen-o-fog. My pen-o-body. I get... you get usual to that, no? Yeah, my pen-o guy already will be Gideva.
Yeah, yeah, he is awesome as well. Yeah, we're going to talk about hyperinflation and hyperbit quantization. That's hard. That's hard, biology. Yeah. Yeah. It is very hard because
You are not a bit corner Yeah, but I'm a crypto fan so yeah, I need to assume that the importance of Bitcoin in this point Yeah, and it is very
Interesting this topic on a ethereum based event, isn't it? Yeah, we are going to talk about ether, of course, implausible to not talk about ether, but
Well, I think the focus would be, you know, the banks, the banks. The United States trying to save banks, hyperinflation, and yeah, things that we need to be a kind of worry, not us because we have
I was remembering, actually not I, a lot of people, Amber made that this is not a crypto drama.
What's happening right now? This is not a crypto drama. Why does happening like Luna Terra was a crypto drama? F.T.X was a crypto drama even though it's not crypto crypto. It is a crypto player So
So these episodes were all cryptodramas, things that get crypto very anxious, community very anxious about it and create some damage on the ecosystem.
But yeah, direct but SVB and signature in first public and Surrogate and credit 30 sues. They are not a crypto drama. We feel like they are but they are not
There are no more traditional banks. Yeah, it is the opposite exactly exactly the opposite and This is why crypto is Good right now. It is we come from our bull run
We are not going up, neither are we going up on day and going down another day the same amount. But this is about prices. But when we are talking about crypto in general, the infrastructure is getting
better each day. And people are realizing outside of crypto that the financial system that they trust doesn't deserve, does not deserve their trust.
Yeah, I agree. If you totally do it. Yeah. Yeah. In that? I don't like fun. Yeah. When it comes to banks, you know, like why? You're a crypto guy.
Why are you so worried about banks? Of course, in an old director, directly, you know, sphere, things affect crypto, but not a crypto drama.
Yeah, exactly. This is outside of crypto. It is maybe a tag-drama because most of this money of SBB, especially SBB, it is mostly directed to
could to tech countries startups and tech companies but I don't think that we have so much being affected even though we are an attacking industry. We are not
depend, totally dependent of the SUVB money. So that's one thing. One thing that a lot of people are talking about is
You know, we're talking people in Congress American Congress they're talking about regulation Worry like Elizabeth Worry said that she's building up a
anti-crypto army and Gansler at the opposite point said that rules that exist right now already regulate crypto.
So we are seeing kind of a conflict inside of the American government when they're talking about the revelation.
And we know that the American government or the regulators that really have the power or the influence of other
markets, other countries also. What do you think that they will really be anti-cryptor? Or do you think this is just a reaction to the events of last year and
when banks get the same problems because they are showing the same problems in your normalize. What do you think? What are you taking on that? I don't know. It's weird to me to think about it. Milly when I think about Colorado, you know that has
actually a partnership with both Ikord and it gets better because the blockchain ecosystem, the Web3 ecosystem, brings to the government a lot of technologies, a lot of great products. So what's the point?
it is good, but when the ecosystem benefits the government, when it benefits the population, no, let's regulate. So it's weird to me, if they try to regulate, why aren't they
to do with, you know, Colorado, for example, why are they going to do with big tech companies there as UniSwap that is in New York? So yeah, the main question is, what are they going to do? How to deal with it, you know?
Yeah, this ecosystem is making your country bigger is making your tech part bigger. Exactly. I think that the United States is more competitive if they have the
The DeFi world and they have the crypto world there, you know if if people get like out of the United States you create some stuff They man they need to do it look look at chocolate
Imagine if the United States is like, "Oh, I'm going to turn into a big player. See China. I'm a cool guy now."
You know? Yeah. Hong Kong is passing some some relation in favor of RIP to that's that's weird you know that's very weird
Yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah,#
Now pass, now pass, we have the NFT now. This is a quote, this is a phrase that I use it more NFT and now in my entire life. But we have now the passes of NFTs.
And yeah, we are there in the community trying to get some some alpha and some stuff there in some discussions. One discussion that I was reading, two discussions that I was reading yesterday.
in the community there. It was about when was about onboarding. What is... I saw this question amazing. What is lacking? What is the step that we need to do to create method option? And I saw a lot of
folks contributing with a lot of stuff, a lot of text. I was very impressed about it. But what's your view, Danny? You are a person that I like to know what you think about stuff because
You have sometimes a very aligned view to me, but sometimes you get a different take. So yeah, onboarding. Okay, first of all, I think onboard will come.
not just to defy or NFTs or but entertainment or branding like now because people people want to
want to have the idea of funding and people like entertainment. So I think it will the massive onboard will happen like this, you know. Like in one prop, for example, we made their own board of a whole football team.
Like this is a micro mess adoption.
Well, I think it will happen through the entertainment first and then people will start to see the defy or NFTs value or DAO's value.
But at first, I think, let me just say about my plot twist here. Do you know what I think we'll make a great onboard?
Yeah, visual things, like flex things, like venty, you know, luxury. Yeah, like look at me, I have this thing. Yeah, I think we'll come.
to show the others what you have.
Yeah, I think that
We have like in the digital world, we have like which things that we have that we think that we want, we want like our
We think that we won, so we got an NFT there, so there's that. There's people
creating like NFTs for banners, you have one.
I'm a writer, you have a banner on Twitter. It is an NFT. So we have this digital assets in the internet that we have. We think we have, but actually we only
we have with everyone is using less per whole but we have these things that we control we don't have but we control and we use that to represent our identity our our appearance in the update is like our
quote unquote, "clothes" of the digital world. Even though we are not in the matterverse in the VR sense, we are in the matterverse in the sense that we have our lives there. So that I agree
feel that most people use that as a flex is people are using these effects right now but one thing that I I heard and I think that is good to mention is that do you know what is the biggest luxury of all
that all people have to have the same but they can
optimize it and have more of it or like they can have less trouble with getting the maximum of it. It is time. Time. Yeah. Time if you ask a famous person, a very
very famous person like Hollywood star which stuff which kind of stuff that she or he can't buy but they wanted most of them
people like that travel a lot and people like that spend a lot of time in transportation, in planes, in airports and stuff like that.
So most of these people, the thing that they want is a frictionless way to do things, to save time. I would say that you are right when you say that luxury is the end point.
But at the same time, I think that one person that have a money to buy a Hermes, Hermes purse or Supreme T-shirt or leave it on back, have money to buy
two three four of them it is not something it's not something very luxurious anymore I know yeah for everyone it is some if you are saving time you have more you have more questions
And I think this is the ultimate luxury. And when you think about NFTs and crypto and digital assets, we are saving time because when you're
talking about Europe and the United States they don't use pigs as less in Brazil they don't use like peer-to-peer money you know they use some like PayPal or Vimu but they are not like they most of their
their commerce is yet cash-based. Imagine the trouble that you have with cash-based. You don't save time, it's not frictionless. You need to go to the bank, deposit or withdraw your money.
No, it's it's it's so friction you have so Yeah, or stuff like that, you know I think that's way about it's good, but in all arts in Brazil because it's creating
by the center bank here. If you go outside of Brazil or you want to send money to your friends, man, it's so much easier to use crypto, you know? Yeah, I agree with you. And I think this is the ultimate luxury. It's time. It makes sense to you or not.
Yeah, it makes a lot of sense to me. A lot of sense to me. Yeah. Hey, Jim. I was expecting my entry time, but you guys won't stop talking to God. I need you to look to it. Good morning. How are you guys doing? This is so serious.
I need to take a time to say that I heard this one. Two of the poor parties yesterday, I won one. I am the champ. We need to make it clear in more simple words. I am the champ. That's what is trying to do.
I'm sure you need because I need you know my dealt I need my trophy or whatever you guys are giving me my medal or whatever if we don't have a tournament how how am I supposed to win it? Samu doesn't like it the idea
So Muka was very close. He was very, even you want to, I think, your first yesterday. So you guys are getting smarter and better on it.
I need my trophy, my belt, my medal as soon as possible before you get better than me. You need to be like not among more of those, you know, anymore.
Yeah, but now talking serious stuff you guys were talking about mess adoption and onboarding people and I think that we need to keep in track with Something very important here. We have two My kids telling me that my kids
mother is missing. I think he's he's he's excited because I'm speaking English so
What we need to keep in mind here is that we have two aspects when we talk about Web 3 and Web 2. We have a pecknawage co-respect that are coming to everyone. You cannot hide from it. People, you are mentioning the US and Europe and I think
most of the biggest reason for them to keep using cash is because they are trying to avoid taxes, you know, at least the big ones. And this is the same reason that people keep trying to criminalize crypto is because they are trying
high, it hides stuff. And we have the technological aspect, but you can run from it for too long. Eventually, the digital money will overcome paper, and you cannot fight it.
how they try, no matter how they try to delay it, soon enough, money, paper money will be gone. And we know that because you don't need to be very crypto enthusiast or very smart to see
that there's no place in the world anymore for paper money, right? We are going there. But there's also the other aspect, like the philosophy aspect of it. When we talk about we are wetry, we are not only talking about
the technical aspect of it, the technology or whatever. We are talking about, I spirit ideology, right? This is ideology, this is not only technology.
if crypto is vanished from today, we will find a way to rebuild this ideology because this is about having control. This is about having power. This is about
not being manipulated by big tech companies and stuff like that. And I think this is the fight for of tomorrow. This is where we are going. We are seed here. And I always say that I don't think that we will have mass adoption on it on this
particular aspect on the ideological aspect of it because this is not to everyone, this is revolution, you know, and it was I think that this is the aspect that will be fought by the authorities, by everyone.
and we will get to a certain point where it can even be criminalized or whatever as we have seen in like sci-fi movies and stuff you know. So I believe that mess adoption for digital assets and NFTs and stuff like you guys were saying about flex
having money, I think this is already real. We are just like, we are most behind your prediction probably. If we are not already there, but when we talk about mass adoption into the value
and the foundations of Web3, I don't think this is going to ever happen. And I think that we are still very, very far from where we are trying to go because when you look at the market in general,
Most of the people there don't give a shit about these values. People are there for money. And you have just a small part of people in this market trying to stick to these values and try to build something actually revolutionary in this sense. But most of people
in this market only interested in profit opportunities. So that's how I see it. I think sorry for kidnapped in the space for so long but you know me I can't stop. I can help when I start talking. I can't stop.
we have these two aspects of the the logical cultural point and the technological, um, facilitate or say the technological and structural aspect of it and it's very different you know, uh, they, they
They shape one another, they shape each other, but they are not the same, they will not have the same adoption or the same adoption velocity. I would doubt if they will not have the same adoption at the end of the day because I don't know.
how things will play out in the future. But one thing that I know is that they will definitely not be in the same pace because cultural stuff is made by convincing other people and creating a scene, an ecosystem that is robust and
have broadcasting, have media, have people, uh, member get member reaching one and another, one to one, and communities organizing and stuff like that's pretty, um, it's pretty one to one pace, you know, it's not very st-cateable.
When you're talking about technology, pure technology, it's very scalable because it can be in the lives of people without them noticing because it's very scalable. It's very applicable as well.
and can be at everyone's devices. So yeah, you are right. Mass adoption, when you're talking about mass adoption, you need to choose what we are talking about. We are talking about culture. Yeah, I love just the term is this, you know, political friends. It's amazing. Just kind of
What I like about talking about a little bit about now is that they do one of the rarest projects that creates that the both. Because they are a cultural project but at the same time they
teach the technology for some people that are interested in and join the space and stuff like that and promote the technology as well. So I think they're kind of going... - Oh yeah, we're perfect. - Almost there. So yeah, I think that's that for GM, my guys.
Yeah, too. Tomorrow we can talk a little bit about Nakamegos. I'm very curious about it.
Nice let's do that absolutely deal Thank you guys for being here for saying jam coming jam to us type of
Nice, great, awesome day and week. - Oh, thank you, you're super. - Thank you. - Bye. - Much love, fam, see you again later. Bye bye.