The Wrap Up: Ethereum, XRP, Meta, & The Future of Blockchain
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 26 October 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
In this Wrap Up we spoke with 19 Keys about the future of The Blockchain, we also discussed Ethereum, XRP, Meta and more. #19keys #xrp #blockchain
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Transcript
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| 0:00.0 | What do you think the maybe three or four elite and crypto currencies are of the future and going back to an Fc point? How long do you do you think it would take for that marketplace to recover? |
| 0:10.9 | Bitcoin, Darion, Cardano. |
| 0:15.0 | I can't mean you know the XRP is completely the main. |
| 0:17.4 | Ripple's a dark horse. Yeah. |
| 0:19.0 | Yeah, you know, but I think it's a fan favorite right now. So I would just say is you know it's an easy pick up. We'll go with those for now. |
| 0:25.9 | There's a lot of projects that probably should be up there just based on the value of the type of projects that they're doing because like Algorand. |
| 0:34.4 | Yeah, and there's there's something that solved the very problems out of the issue with the market today. |
| 0:40.8 | And I think that if companies was looking let's say that they got an allocation of 20% of their budget to go into that space. |
| 0:49.9 | I think that they will be looking for companies that actually saw problems in the real world. Right. So there's going to be some right now that's probably not on the top 10 that's lower market caps that are actual real companies that saw real problems. Say that again. Yes. |
| 1:04.9 | Yes. |
| 1:05.9 | Because I don't want people to miss that point, especially in recession. |
| 1:08.9 | Because all the great coins, all the great companies, all the great media brands grow out of this turmoil. So I don't want people to miss that can you hit that point one more time about companies that actually saw the real world problems. |
| 1:20.9 | So if you go look at so there's a company called Caribo. Right. Caribo is a crypto currency that particularly deals with when you send somebody to wrong cryptocurrency. |
| 1:31.9 | There's a verification process that has to happen so you can get your crypto refunded rather than that money just being lost. Right. That's solving a real problem. Right. |
| 1:41.9 | There's cryptos that are connected to Wi-Fi right and give it access Wi-Fi to like this period of pure Wi-Fi that allows you to get access to it. |
| 1:50.9 | So that's why we're talking about companies that whose mission is not making money right the sovereign problems and creating impact. That's a reason if you take that same scale model that you have for why would I invest in a stock just apply that same logic why would you invest in a cryptocurrency and I think that the game is much better from there on. |
| 2:13.9 | So let me actually about ethereum because you made a video a couple weeks ago about the 2.0 update and ethereum's a currency that is down 60% over the last six months it's currently at almost $1300. |
| 2:29.9 | So just in layman terms how is that merger or update going to impact ethereum cryptocurrency and what's the long term. |
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| 3:34.9 | I believe that ethereum 2.0 I heard a hot take about this is taken too long right they're planned to complete it is going to think it's like a 6 to 10 year plan to completely complete you know ethereum 2.0 and the idea is to make it more robust right so that it can compete with things like visa right the transaction per second and how it can actually be utilized. |
| 3:58.9 | I think that ethereum needs to be way more competitive right I think it really needs to by talika don't think is a good enough he's like fundamentally he's grateful ethereum right but I think visually brand was I don't think he is like a long months was at the head of ethereum. |
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