we those of us in this ecosystem this industry have created essentially a new Financial
foundation for the whole world this is a huge responsibility and the entire purpose of this
financial Foundation is that all of humanity can use an open immutable Financial layer
we are separating money from politics we are separating money from the state and in the
same way that the church was separated from the state and everyone now hails that as one of the
greatest things that Humanity ever did we now too it comes to us to do the same for money money is
as or more important to people than religion is we interact with it every day in all sorts
of manners and just as mathematics or language are immutable and open to the entire human race so too
should the exchange and management of money that is the principle that makes this entire ecosystem
important that is the principle that justifies everything that we do and if we lose that
it will be something that we regret for the rest of our lives because we have that opportunity
welcome back everybody to altcoin daily you subscribe for daily videos keeping you informed
on the entire cryptocurrency Market subscribers of this channel are smarter cryptocurrency investors
than so many other people in this space let's talk about the video we just watched we just listened
to none other than Eric Voorhees Bitcoin and crypto OG on the why why the world needs Bitcoin
and crypto this was on the bankless podcast against FTX CEO Sam bankman freed and take
a look the body language says it all before we get into the big news of the day let me play you
one more clip where Eric Voorhees really catches Sam bankman freed you know that Sam bankman freed
just put out a report that kind of went against the ethos of crypto against permissionlessness
against decentralization Eric Voorhees is for decentralization for permissionlessness Eric
makes Sam bankman freed espouse the virtues of why email is better without every email being kyc'd
and then he asks why is it any different with Ave listen to this if that did mean that like
essentially assumed front Hands by Americans targeting American retail had to be licensed
um I think that could be reasonable if the question was let's let's acknowledge that
the email protocol will be permissionless as a protocol yep but it was the law of the land
in America that every email front-end provider required kyc from its users yeah because under the
justification that we do not want people sending information back and forth with terrorists yep
where would you stand on that position oh I'd be strongly against that position why why be
against it because I think that it I think it'd be like against freedom of speech I think it'd
be disenfranchising a lot of people how they would not trust in practice that it would do a good job
so I agree with you you on all that um I'm making a distinction here between for instance payments
versus like derivatives contracts why why is Ave somehow different than email so
um why is it different than email um you argued so well and so passionately to not block email
with licensing and kyc I loved hearing that yep that filled my soul with joy such arguments why
does that not apply to financial transactions so um why does it not apply to financial transactions
um I think there are a few things here so firstly
the world needs Bitcoin and crypto now more than ever and it's happening adoption is happening
slowly but surely There's One Direction This is heading so let's get into it first of all
Twitter and by the way guys support the channel like the video we're coming at you on the weekend
every weekend Twitter introduces tweet tiles for nfts the feature will automatically expand links
to nft Market places so obviously there's more to say on Twitter of late than this but we'll
start here Twitter users can now see expanded nft links a tweet from the Twitter Dev account
revealed today that the site will pilot a feature called tweet tiles in order to enhance links to
certain non-fungible token marketplaces the new feature allows users to include
a link to an nft on an external site the link will automatically expand to show a full-size
image of the nft plus metadata and a link to its location on its respective Marketplace
marketplaces supported during the trial period include wearable magic Eden Dapper labs and jump
dot trade of course the biggest news of the past couple days regarding Twitter regarding crypto is
that Elon Musk has bought Twitter he has had his first day as Chief twit cryptocurrency and Twitter
have never been more aligned now that Elon Musk is at the helm by all accounts there's a good chance
he does incorporate Dogecoin into Twitter binance did go in on the initial deal so I guess binance
is a partial owner of Twitter binance wants to team up with musk to integrate crypto to
Twitter binance is setting up a unit dedicated to helping Twitter with its crypto projects including
fighting Bots and everybody's talking about it Elon Musk is talking about it people are
talking about Elon Musk talking about it people were talking about Dogecoin pumping Charles
hoskinson says that Dogecoin should be a side chain on cardano I'd do the migration for free
he says hell I'd even add smart contracts Visa files trademark application covering a range of
cryptocurrency products including a crypto wallet every day on this channel we show you the steps
the different people companies are taking are integrating cryptocurrency is the future payment
giant Visa has filed two trademark applications covering a wide range of cryptocurrency products
and services including its own crypto wallet the filings also mention crypto transaction management
and nfts this is the trademark in question this is such a good time to get in to bitcoin
and cryptocurrency I'm not saying it's the exact bottom but I'm just saying relative to 2021 now
today the end of this year next year such a good time the amount of Bitcoin on exchanges just keeps
dropping very important Bitcoin chart the amount of Bitcoin transferred on chain continues to grow
year over year 2022 has already far exceeded 2021 with two months still left in 2022 so historically
speaking we are about five or six months away from breaking into a macro bullish pivot even
if you think we will go lower and nobody knows for sure to accumulate at least partially for
the long term at these levels is a good idea what do you think ethereum is becoming a scarce asset
a productive asset people are starting to notice each layer twos are exploding each layer threes
are just beginning ZK sync and eth layer 2 Dev plans to launch layer 3 scaling solution called
opportunity in q1 of next year matter Labs the team behind eth layer 2 scaling protocol
ZK sync revealed the developers plans to launch a layer 3 proof of concept called opportunity
in the first quarter of next year the team says that the Prototype of L3 will be built on top of
2 and developers and ZK sync users can research and experiment with it different cryptocurrency
protocols doing big things the other day Al Grant processed over 2.3 million transactions and it
has the current bandwidth to do 240x more in the last seven days algorand has added over 800 000
plus new addresses now sitting at over 28 million addresses l Grant tvl also hit another all-time
high at 300 plus million and don't forget their 30-day World Cup FIFA sponsorship kicks off in
three weeks my friends I'm going to leave a link to this in the description I need you to vote vote
for your favorite cryptocurrency influencers and vote altcoin daily best news source and influencer
of the Year blockchain influencer Awards I'll leave a link in the description we won both of
these things last year like to win it again this year with your help vote below cryptocurrency is
the future the world needs cryptocurrency so many people individuals entities companies getting
into crypto developing a crypto strategy have a cryptocurrency strategy I'll leave you with
this in case you missed it Walmart's Global Chief Tech officer has declared that crypto will become
an important part about how we shop in the future Walmart outlines its cryptocurrency strategy here
subscribe to the channel see you tomorrow what's the role of Krypton Walmart's future it's a great
question I think that there are three major areas of disruption crypto Falls in sort of the
the middle of it I have talked before about the way in which customers are getting inspired and
discovering products that is changing and part of that is going to happen in the matter whereas part
of that is going to happen on live streams inside your social media app so whether it is physical
Goods or virtual Goods they play a part in terms of what the customer wants crypto will become an
important part of how customers transact we want to make sure that if we make it as friction free
for for customers to be able to to transact and to be able to buy and how they are able to derive
value out of it right and that is where I think a lot of the disruption is going to start happening