Why It's Time You STOP Underestimating Blockchain Technology

The GaryVee Audio Experience

Gary Vaynerchuk

Business, Marketing, Entrepreneurship

4.8 • 18.1K Ratings

🗓️ 30 October 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today’s episode is a classic segment from GaryVeeTV! Bitcoin has been around for over a decade and it is still getting started. Most people who are not super informed and knowledgeable on blockchain technology are wildly underestimating the power and implications that cryptocurrency will have on banks, governments, countries, and the world. It may not be bitcoin itself that becomes adopted, but the foundation and groundwork for whatever comes next is being laid out today by bitcoin and other cryptocurrencies.

Enjoy! Let me know what you thought.

Tweet Me! @garyvee

Text Me! 212-931-5731

My Newsletter: garyvee.com/newsletter

Check out my new NFT project: veefriends.com

Join the VeeFriends Discord: https://discord.gg/veefriends

Checkout my new co-hosted podcast with DraftKing’s founder--Matt Kalish on all things sports, business, and alternative investing: https://linktr.ee/propsanddropspod

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Gary V. Audio Experience.
0:04.0	I want to ask about what's your opinion on blockchain.
0:10.0	I think blockchain is the technology right now that has the most potential to disrupt society.
0:17.0	I think people are grossly underestimating what it means, what it's doing.
0:21.0	Blockchain is creating infrastructure around trust and trust between all of us with each other,
0:27.0	with nobody in between, not central banks, not leasing companies, not even governments.
0:35.0	I think that it has the potential to create the global next war because it's so big.
0:42.0	Okay. Thank you.
0:44.0	You're welcome. What do you think?
0:46.0	My personal opinion.
0:49.0	Yeah, go ahead.
0:50.0	My personal opinion, I really like it.
0:52.0	I'm really bad at leasing to myself when I talk, so stop accidentally.
0:59.0	I like it a lot. I like it.
1:02.0	I think it's a really interesting new architecture, I guess you could say,
1:08.0	because it's almost 100%.
1:14.0	It's decentralized, so there's no one controlling it.
1:23.0	It has a lot of power, I don't know how to explain it.
1:27.0	Do you think that China and America and Russia are going to let it see its power?
1:33.0	I don't think they like it, but since it's decentralized, I don't think there's any way to stop it.
1:38.0	Sure there is.
1:40.0	Can you give an example?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Gary Vaynerchuk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Gary Vaynerchuk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.