3/ For those who get involved in the new models that are being created, we can see how this can be of enormous impact. Of course like anything in life, one must resolve to do it.

2/ Early adopters are the trailblazers especially when it comes to new technology. We are at the point now where there is still risk associated with many projects. Lets be honest most will end up as nothing.

#threadstorm 1/🧵 There are enormous opportunities within the digital asset realm. #web3 is changing everything. Here we see the line between users and those who financially benefit altered.

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5/ This means that we will generate asset that dwarf what an entity like Blackrock has. We are going to see trillions generated through this model, then incorporated in financial services.

4/ Web3 is starting with the foundation of distributing asset to individuals. This will be the basis which can be incorporated into a full blown financial services offering.

3/ With the existing system, people need resources to enter. The old model is the main way to get money is through work-exchanging time for money. This changes as the social media rewards are built.

2/ Friction makes things more expensive and slows it down. Blockchain and #crypto are going to change this. However, this is not the biggest shift nor the reason why web3 will take over.

#threadstorm 1/🧵 #web3 is going to change the world. One area I see it having a huge impact is with finance. The existing financial system is exclusive and full of gatekeepers. This causes friction.

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5/ In the end, I predict CBDCs will be an epic failure. There is no reason to believe that gov'ts can keep up, let alone create something that is on par with what the private sector is developing.

4/ This means that they are pushing it as a payment system and people cannot hold too much. We also see no agreement for the EU to accept a CBDC. This is the situation around the world. Gov'ts are still

3/ We also have the idea that the digital euro cannot earn interest, a move to protect the commercial banks. At the same time, there is a limit to the amount one can hold, only 3K euros.

2/ To start, they claim that the currency will require both on and offline access. Right there you see it isnt coming anytime soon since that will have to be built to incorporate something like SMS.

#threadstorm 1/🧵 The EU is taking up the idea of CBDCs. According to an article on Coindesk, we see how the fearmongering around them are total nonsense. The proposal has some interesting points.

Seems legit at the time. The bottom might not be in so we could head lower. Start angling in around 25 cents and keep buying to 20. It will reverse course at some point.

5/ We now are getting close to where something other than Splinterlands start to garner the FOMO. This is going to bring a new awareness to Hive as well as driving more value.

4/ We are now seeing how this nation is forming. By giving people a way to enjoy the Cantillon Effect, we can see prosperity spread. With Leo breaking through, we can see the mindset on Hive change completely.

3/ Hive is unique in it offers people the ability to earn the token. This is a radical difference compared to most other blockchains. The average person cannot earn new BTC or ETH in most instances.