3/ Social media platforms are cross pollinating. Features are being added which is going to provide many of the same offerings. Here is where the next level of battle takes place: finance.

2/ The question is what attacks are taking place on the banks? They are in the middle of this although it is not realized. Musk is starting to bring this about. Zuck also showed the moats are disappearing.

#threadstorm 1/🧵 Eyes are on Musk & Zuck. They are meeting, in the ring and likely in court. This is going to pit the two billionaires against each other on many different levels. While that is the

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5/ The tokenization of everything is truly exponential. This means we are going to see projects that explode. The collective is going to be wealth like we never saw with transactions into trillions of

4/ DeFi is going to take this to another level. The decentralization and open source nature means the attacks from from everywhere.

3/ It is why FinTech was able to do so much damage over the last 20 years. The big institutions simply cannot compete.

2/ This is going to favor #cryptocurrency which is a technology. We are seeing how financial institutions have the linear mindset. This is fatal in this era.

#threadstorm 1/🧵 We live in an exponential age. This was true for the last 40 years yet it is really starting to heat up. We are now in a time when the progress over the next 10 years will dwarf what

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5/ This is going to present opportunities to people all over the world. The number of $100 million projects will explode. Many of these are going to be owned by individual token holders, helping them to

4/ #web3 is going to take this to another level. We are going to see orders of magnitude more impact from this technology boom than previous ones.

3/ The information era which included computing and the Internet, expanded this greatly. Every level, from the billionaires down to millionaires saw their numbers grow a great deal.

2/ When we go back 100-150 years ago, we see the "robber barons" who were in the upper tier. These were a handful of industrialists who amassed huge fortunes. The numbers were small and most

#threadstorm 1/🧵 Wealth generation advances with technology. You wouldnt know it by what the media tells you but the number of people in the different wealth categories keeps growing.

5/ The estimated market cap companies engaging in this is about $14 trillion. 35% of the companies in 2020 offered these services. Here is the opportunity for entrepreneurs.

4/ Right now, #crypto has nothing in this realm. We are looking at the need for credit based transactions, like credit cards. Here is where developers need to build infrastructure.

3/ Is it any wonder that these corporations are some of the largest? We are looking at a market cap of 8x for companies that have recurrent paymnets.

2/ We need to fully develop this market. When you think about Netflix, Amazon, Spotify, and others, they all have monthly billing. Hell, one of the oldest using this model is insurance companies.