The Future of Blockchain and Cryptocurrencies

Gary Vaynerchuk is a Belarusian American serial entrepreneur famous for founding the Social Media Marketing company, VaynerMedia, and for launching the #AskGaryVee Show on YouTube where he addresses questions on entrepreneurship and business topics.

Below are a few excerpts from his speech at the ChainXChange in Las Vegas, 2018.


If you spent as much energy that you spend on debating whether blockchain or cryptocurrency is going to succeed and used that same energy within your craft, you would be much further along.

When the internet was a fad in the 1990s, people made fun of it. No one expected the Internet to have such an impact that it has today.

Blockchain as a technology has a foregone conclusion, but the currencies that are built on top of that have enormous volatility. It is really early.

99% of the people in the world still understand Blockchain and Cryptocurrency as Bitcoin and nothing more.

If you look at the history of people that have won or had success with new innovations, they were able to leverage their current main innovation in a way to progress.

A lot of people are too thrilled about the supply of being right on blockchain that they are overlooking its impacts on today’s world.

They believe that social and media are things of yesterday and we are going to see another seven to ten year foundational run for the platforms.

We are in the eye of the storm of the golden era of social media.

Watch his full speech below:

 


About Bank Of Hodlers

Bank of Hodlers is a Blockchain based firm that is implementing the power of the Distributed Ledger Technology(DLT) to provide banking services that are both fast and secure.

Content creator with a keen interest on discovering new and the latest technologies

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