Decentralization and Web3 for Dummies

In episode 5 of Don’t Buy The Bull, Cassandra Toroian delves into the world of Web3 and blockchain technology, explaining the concept of decentralization and its impact on the future of the internet and investing. She explains how decentralization could revolutionize the way we interact with the internet and how it may shift the power dynamics in the stock market.

Tune in to gain insights on navigating the complexities of investment in the modern era.

TIMESTAMPS

[00:01:06] Blockchain Technology and Web3.

[00:12:38] Understanding Tech Industry Concepts.

In this episode, Cassandra Toroian highlights the importance of grasping the underlying value of blockchain technology and Web3. She emphasizes that we are currently in a transformative phase similar to the early days of the World Wide Web in the 1990s, with Web 3.0 representing the next iteration of the Internet.

Overall, the episode underscores the significance of investing in blockchain technology and comprehending Web3 concepts as essential steps toward potential financial gains in the evolving tech landscape.

QUOTES

• “We can use our own collective computer power to power the internet. And that is the basis for this whole entire concept of decentralization. That way, nobody really has more power than anybody else, or no entity has more power than anybody else. It's really a beautiful thing.”
• “The concept of Web 3 is essentially the, let's call it, internet platform so that the decentralization on your client side, on your computer, looks kind of like what you're used to, even though it's pulling the data from all of these nodes in the background. But it's much faster. It's much more secure. And ultimately, it allows all of its users complete privacy or at least control over who they wish to disclose their identity to. So that means monetization goes back to the hands of the people.”
• “This is a subject that gets very technical and complicated, but I really feel it's very important for everybody out there to have some basics about what it is because we're all going to be using it and we're all going to be looking to understand it so that we can make money in it by investing in it somehow.”

SOCIAL MEDIA LINKS

Cassandra Toroian

Instagram: https://www.instagram.com/CassandraToroian/

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LinkedIn: https://www.linkedin.com/in/cassandra-toroian/

WEBSITE

FirstHand Research and Consulting LLC: https://1sthandresearch.com/