Welcome to the Jill on Money Show. It is Sunday, February 6th. And today we are continuing

with our interview with Jeff Baccalar. Jeff is a gaming expert and he's head of content

development and strategy at Giant Bomb, which is a great gaming site. And I know Jeff

for a long time when he was at CNET and was hosting a podcast and teaching me about

everything technology and gaming, etc. Well, as it turns out, because of gaming, sort of being

at the center of so many technological innovations, I thought Jeff would be the perfect person

to come on the air with us and talk about gaming and the metaverse. We did that yesterday,

but today we're going to go into Web 3.0 and everyone's favorite topic, blockchain. Here

is the second part of our interview with Jeff Baccalar. What is it that we need to know about

when people say Web 3.0? What was Web 1.0? I get that. That's the beginning. Sure. 2.0 is like,

okay, Facebook, Google, like they control the internet, basically, right? Yeah, 2.0 was like,

hey, we could put buttons on sites now. We could put like, you know, flashy, we can have like

nice styling and sort of consistent packaging of a site. And 3.0. Also, 2.0 is that we can

harness all of these disparate pieces with these weirdo protocols and bring it together and create

a more cohesive experience for the user. Is that fair? Yes. 2.0 was like, hey, we can put

products on the internet. I want to say a product like a service, right? Like eBay. We can make

an eBay work. We can make a YouTube work. We can make an Amazon work on this thing. And people

can spend money. And now, you know, we have an economy there. 3 enters the world of blockchain

and cryptocurrencies and tries to find a common ground with coexisting with all of these technologies

and making the web a much more automated and productive place.

But the way it's also been described to me when we talk about 3.0 and we talk about say, you know,

using the example of like, let's use blockchain, the technology that powers this idea that you

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