Aug 28, 2022
Crypto fever is over, Now What?
After a long two years when people were so mad about crypto, Web 3.0, and Blockchain. Now everything has cool down, and the froth has gone.
When the pandemic started, everyone was at home, with all the curiosity about what is this bitcoin and how people are earning so much from it.
They all were wondering how so-called crypto investors or enthusiasts have earned, 1000000x return by just investing in some worthless tokens and how bitcoin used to be a penny for ordering Pizza.
This creates a FOMO (Fear of missing out) in people, and now people who have lots of time to spend started searching for many so-called tokens that will make them Millionaire in the Future.
So, some people took advantage of this opportunity and started creating fake worthless tokens to get money from the FOMOed people. I have also been mugged by many scammers during my learning period, so it’s not only you.
Now, after all these scams and other frauds, people have gained knowledge from these scams and only buy crypto from trusted sources. Some trusted sources are:
Today, I have written this blog to tell you that the froth may be over in the crypto industry, but that doesn’t mean the crypto future is over. In fact, this is the best time to learn more about web 3.0 and Blockchain Technology.
I have no intention to tell you to invest in Bitcoin or Ethereum because I don’t know if their future is certain or not. But I can guarantee you that the future of the Web 3.0 and Blockchain is bright as the shining sun.
Even the Government has given support to these technologies and spent heavily on the research of these technologies. Banks and other financial institutions are already using these technologies.
I suggest you learn about these technologies, at least as an extra skill because these are the future high-paying jobs, in which you can take some pie from it.
Here are some of the books which you can read and which can give some clarification on how Web 3.0 works and how blockchain helps for a better world.
Learning about Web 3.0
The concept behind Web 3 or Web 3.0 is to create a totally decentralized ecosystem. Using cutting-edge technologies like artificial intelligence (AI), machine learning, and blockchain, this cutting-edge technological dimension seeks to solve the problems that exist in today’s interconnected world.
The Spatial Web: How web 3.0 will connect humans, machines and AI to transform the world
Investing in Web 3.0
Crypto projects are one of the ways to invest in Web 3.0. Outside of crypto assets, you can invest in web3 by purchasing stocks of companies developing web3 solutions. Some examples include Apple, Coinbase, and Nvidia.
Learning about Blockchain
A blockchain is a decentralized ledger of all transactions across a peer-to-peer network. With this technology, participants can confirm transactions without the need for a central clearing authority. This technology may be used for a variety of purposes, including fund transfers, trade settlements, voting, and many others.
Blockchain Bubble or Revolution: The Future of Bitcoin, Blockchains, and Cryptocurrencies
These are enough books to learn about Web 3.0, 5G, Blockchain, and Cryptocurrencies. Hopefully, these books will help you to create new skills which can help you to be ready for any future revolution in the field of blockchain.
Himanshu Mayachh
