Instead, all assets will be cryptocurrency. The tokenization of everything means we create a digital representation. This takes things to an entirely different level.
Hard to even imagine where all of this leads. As you mentioned, Web 3.0 and DeFi will be heavily involved in this transiton allowing us to bend and twist money and property like never before. It's hard to grasp until you really get beyond "the first generation" and completely reimagine real estate markets, gaming, and social media.
When people ask how big the cryptocurrency market can get, it is vital to think in quadrillions.
We keep forgetting this.
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It is hard to imagine. The advancement that takes place over a 15 year period creates something totally foreign. The early days of the Internet, to most, could not foresee audio and video. Certainly mobile was beyond the grasp of most.
Who could see a URL being worth hundreds of billions but that is exactly what Facebook.com and Google.com are worth? What are those companies without that?
That means, if we try to project out into the mid 2030s with this, we are likely to be wrong. Yet we can see a path/direction it is all heading. The key is to skip what we know and try to just ahead a generation or two from where we are in the development curve.
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I have no idea where we are headed but I can certainly see a future where web3 handle like @taskmaster4450le costs more than Facebook.com for many different reasons.
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That might be true.
Of course, Facebook might be on the way to crashing so there is that. LOL
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