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Transcript

Cliff Notes: WHY ETHEREUM IS MORE IMPORTANT THAN BITCOIN · Earn Your Leisure

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  Speaker 2: To question what Jim Jones was speaking about about the
• 1:02
  Speaker 2: Central Land.
• 1:03
  Speaker 3: I never heard of.
• 1:04
  Speaker 2: That before, and I'm kind of from like getting familiar
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  Speaker 2: with the crypto and NFT space, and I just wanted
• 1:09
  Speaker 2: to know if y'all can elaborate a little more on
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  Speaker 2: what the Central Land is.
• 1:13
  Speaker 3: Yeah, we gotta keep a thousand with you. I can't.
• 1:16
  Speaker 3: I gotta go research. We spoke about that with nineteen Keys.
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  Speaker 4: So it's a it's a virtual world inside the virtual
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  Speaker 4: world pretty much. I mean, I think that's the easiest
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  Speaker 4: way to put it. It's so virtual reality world that
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  Speaker 4: has a virtual reality world inside of it. From my understanding,
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  Speaker 4: I'll do more research on it for you, but that's
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  Speaker 4: the basic answer I can get for you.
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  Speaker 3: Yeah, okay, so ahead, I got bro Now.
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  Speaker 2: I was saying, so like, is it something along the
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  Speaker 2: lands of n f ts where it's profitable or is
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  Speaker 2: it just like a fantasy for like children who play
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  Speaker 2: like the Fortnite and stuff like that.
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  Speaker 3: Virtual land is a world. N FT is a it's
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  Speaker 3: like an item.
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  Speaker 5: So like an NFT is like that DMX album Rest
• 2:05
  Speaker 5: in Peace, Like you know what I mean, you can
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  Speaker 5: turn that into an NFT. Like let's say DMX was
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  Speaker 5: still alive and he wanted to make a limited edition
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  Speaker 5: of that album, signed autograph, hologram, whatever, and then people
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  Speaker 5: can pay for it and it's like it costs two
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  Speaker 5: thousand dollars, right, and they get the digital version of that.
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  Speaker 5: So that's like the NFT where it's actually an item
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  Speaker 5: that you're actually purchasing and you can resell an n FT,
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  Speaker 5: but the central land is more of actual.
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  Speaker 3: Like a platform, like a world.
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  Speaker 5: So once again going back to the video game analogy,
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  Speaker 5: if you're familiar with Fortnite, like Fortnite is the actual
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  Speaker 5: video game, but inside of Fortnite you have little you
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  Speaker 5: have other things, so you can buy skins. So skins
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  Speaker 5: would be kind of like an NFT because it's an
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  Speaker 5: in app purchase. That's what they call it, an in
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  Speaker 5: app purchase, in game purchase or whatever. So it's like
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  Speaker 5: in the game, you're purchasing stuff inside the game. So
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  Speaker 5: the central land is like you know, supermarket, and then
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  Speaker 5: inside of the central Land you have a bunch of
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  Speaker 5: different stuff that you can actually purchase inside of the platform.
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  Speaker 6: Yeah, NFTs like something you collect.
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  Speaker 4: And some people may not understand Fortnite, like two K
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  Speaker 4: it's like my player thing. In order to be better,
• 3:15
  Speaker 4: you got to add skills and so you got to
• 3:17
  Speaker 4: purchase things to be better. And so like when we
• 3:19
  Speaker 4: saw that concept years ago, we're like, oh, this is
• 3:21
  Speaker 4: gonna be the way of the future.
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  Speaker 6: So that's pretty much how it is.
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  Speaker 3: Appreciate it. Yeah, yeah, yeah, real quick.
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  Speaker 4: I'm gonna just do the earnings report some of the
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  Speaker 4: companies obviously that we spoke about and probably gonna make
• 3:35
  Speaker 4: a move on in the next couple of weeks. PayPal
• 3:37
  Speaker 4: will be reporting on Wednesday. Square shout out to Jamal,
• 3:40
  Speaker 4: I know he's heavy on Square. That we're reporting on
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  Speaker 4: Thursday is along with Roku, and then Friday, you know,
• 3:44
  Speaker 4: my favorite, one of my favorites, Draft Kings will be reporting,
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  Speaker 4: so we'll see shout out the DraftKings and let's see,
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  Speaker 4: let's get a couple more uh Dan, Yeah, we're coming
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  Speaker 4: to you.
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  Speaker 6: And they cut your lights out over there? What was going on?
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  Speaker 3: Yeah? Like that. Something always breaks on my end this week.
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  Speaker 3: Get into it.
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  Speaker 6: Thank you for all you do.
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  Speaker 7: Oh, thank you all right, thank you.
• 8:24
  Speaker 8: Roku two sixty eight forty four would not be bad
• 8:27
  Speaker 8: if it goes to that level what we got for
• 8:29
  Speaker 8: squid An, what's the Square Squares the new JP Morton?
• 8:32
  Speaker 8: If Square goes to two O nine thirty six Infinity
• 8:37
  Speaker 8: Stone Like arguably, Jack maybe one of the greatest CEOs
• 8:42
  Speaker 8: of all time. He's running two publicly traded companies. I
• 8:45
  Speaker 8: want him to be the Microsoft CEO.
• 8:47
  Speaker 3: So damn bad. But I mean this CEO is great,
• 8:50
  Speaker 3: but what he's been able to do.
• 8:52
  Speaker 4: I don't think people really even understand that. Like two
• 8:56
  Speaker 4: two man shout out to Twitter.
• 8:59
  Speaker 3: Let's look, can we tell you real quick before.
• 9:02
  Speaker 5: Just a little bit more in depth so people might
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  Speaker 5: not be familiar with ethereum.
• 9:05
  Speaker 6: Good.
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  Speaker 5: So, yeah, Ethereum is something that I've been invested in
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  Speaker 5: since twenty seventeen, and as I said earlier, I put
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  Speaker 5: more in the last couple of months after that call
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  Speaker 5: with Francis for el University and then again after that.
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  Speaker 5: But the reason why ethereum I was always fond of
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  Speaker 5: ethereum because like that's when it was first explained to
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  Speaker 5: me back when I first got into the space in
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  Speaker 5: twenty seventeen, was that, you know, ethereum is like the
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  Speaker 5: highway where you have a lot of stuff that's actually
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  Speaker 5: being built on ethereum. And now with these NFTs, a
• 9:38
  Speaker 5: lot of NFTs are being built on ethereum, and a
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  Speaker 5: lot of NFTs are being purchased with ethereum. So you
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  Speaker 5: can actually make an argument it's probably not even an argument.
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  Speaker 5: Ethereum has more of a use case than bitcoin, and
• 9:48
  Speaker 5: it's more efficient than bitcoin. So a lot of people,
• 9:51
  Speaker 5: probably everybody has heard of bitcoin, and recently, you know,
• 9:55
  Speaker 5: with doge coin, everybody's been you know, running.
• 9:58
  Speaker 6: Crazy with that.
• 9:59
  Speaker 5: But community, you want to look for some real value
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  Speaker 5: in a cryptocurrency, Ethereum is second to none, probably the
• 10:05
  Speaker 5: most useful cryptocurrency that there is, is the second largest
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  Speaker 5: cryptocurrency as far as market capitalization, and today it definitely
• 10:15
  Speaker 5: hit an all time high of north of thirty four hundred.
• 10:19
  Speaker 6: It just retracted a little bit.
• 10:21
  Speaker 5: But you know, Ethereum is one of these coins that
• 10:24
  Speaker 5: its growth over the last four or five years has
• 10:28
  Speaker 5: actually been more than bitcoin twelve hundred percent rate of
• 10:31
  Speaker 5: return in the last twelve months. Quietly, you know, I
• 10:35
  Speaker 5: mean people in the space nobody therem It's not a secret,
• 10:37
  Speaker 5: but okay, it's not something that is talked about on
• 10:41
  Speaker 5: the news every day, and it's not like you know,
• 10:43
  Speaker 5: like I said, if you and crypto, you know nobodytherium.
• 10:45
  Speaker 5: But if you are new to crypto, or if you
• 10:47
  Speaker 5: are a crypto novice, you might not have heard of ethereum,
• 10:50
  Speaker 5: or you might have just heard of it and not
• 10:52
  Speaker 5: fully been aware of what's going on. So even when
• 10:54
  Speaker 5: you purchase crypto, you have to purchase crypto with crypto.
• 10:58
  Speaker 3: And like the coins.
• 11:00
  Speaker 5: All coins are alternative coins, any coin like outside of bitcoin,
• 11:04
  Speaker 5: and most of the time you either have to use
• 11:06
  Speaker 5: Bitcoin or Ethereum for most purchases. So Ethereum is something
• 11:10
  Speaker 5: that I think is here to stay. Even Mike talked
• 11:12
  Speaker 5: about that last week. And it's no surprise that it
• 11:17
  Speaker 5: has reached an all time high, and I think that
• 11:20
  Speaker 5: it's going to continue to go.
• 11:23
  Speaker 8: I Ian just went is ded, but my microphone is beautiful.
• 11:30
  Speaker 6: Yeah.
• 11:32
  Speaker 3: You gotta love live man, you gotta love live. We
• 11:37
  Speaker 3: last man standing rebuilt.
• 11:40
  Speaker 6: Yeah.
• 11:40
  Speaker 4: I mean we've always been bulleted on on on ethereum,
• 11:42
  Speaker 4: and I think at the top of the year was
• 11:45
  Speaker 4: like thirteen hundred and we were just kind of saying,
• 11:47
  Speaker 4: like everybody's something about biitcoin, but look ethereum. The use
• 11:50
  Speaker 4: case for it is obviously way more beneficial than bloae
• 11:53
  Speaker 4: coin at the point, and the fact that ethereum too right,
• 11:57
  Speaker 4: A lot of people have been some of the negative
• 12:00
  Speaker 4: comments have been like, oh, just too much gas. It's
• 12:03
  Speaker 4: moving too slow, and that's why, you know, a lot
• 12:05
  Speaker 4: of things have been built because of Etherium was performing
• 12:07
  Speaker 4: at that level. But they're having two point zero, which
• 12:09
  Speaker 4: we don't know. They said, probably in the next six
• 12:11
  Speaker 4: months it'll be here, which will be a vast improvement
• 12:13
  Speaker 4: to the speed, and hopefully the gas fees will go
• 12:15
  Speaker 4: down because of that.
• 12:16
  Speaker 6: So yeah, man, it just makes too much sense for
• 12:20
  Speaker 6: this space.
• 12:21
  Speaker 4: It makes too much sense not to be involved in Ethereum.
• 12:25
  Speaker 3: My graduates from my school being forced back. Drop drop, Mike,
• 12:31
  Speaker 3: drop drop drop.
• 12:44
  Speaker 1: You just realized your business needed to hire someone yesterday?
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  Speaker 1: forty five percent more applications than non sponsored jobs. Don't
• 13:13
  Speaker 1: wait any longer, speed up your hiring right now with Indeed,
• 13:17
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• 13:20
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• 13:23
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• 13:29
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