4.6 • 32K Ratings
🗓️ 7 July 2022
⏱️ 52 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | I do want to talk about one thing. |
0:06.5 | There's this concept of Web 3.0. |
0:09.3 | Chris John Carlo, also known as Crypto Dad, is a former chairman of the Commodity Futures |
0:14.7 | Trading Commission or CFTC. |
0:17.3 | We have been hearing from John Carlo throughout this series on blockchain technology and |
0:22.4 | cryptocurrencies. |
0:23.8 | So what exactly is Web 3.0? |
0:26.2 | It's a whole new architecture of things of value of banking, finance, and money itself. |
0:33.2 | To appreciate this new architecture, we need to backtrack a few decades. |
0:37.6 | Let's start with Web 1.0. |
0:39.9 | Web 1.0 was a pretty static online experience. |
0:43.2 | Think about using AOL, dial-up service, and net scape navigator to look at websites. |
0:49.6 | Years later, came companies like Facebook building interactive platforms that encouraged |
0:54.8 | a less static online experience. |
0:57.4 | This is sometimes called Web 2.0. |
1:00.4 | But people are concerned that Web 2.0 got hijacked by a number of big tech companies that |
1:05.8 | not only sensor what you see, they actually condition how you react to what you see, |
1:10.5 | and they've turned us the surfers into the product themselves. |
1:13.8 | It took years for some of us to appreciate what John Carlo is saying here, but now we know. |
1:19.7 | If you are not paying for a product, the product is you. |
1:24.4 | This brings us to Web 3.0. |
1:26.9 | The promise is we can take back control. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Freakonomics Radio + Stitcher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Freakonomics Radio + Stitcher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.