Ethereum 2.0 Will Be The Rebirth Of Internet Technology
Amazon and Google beware.
Bitcoin and Ethereum are more than just a ticket out of poverty. Bitcoin is digital gold; a new store of value that will overtake the $11 trillion market cap of precious metals.
Ethereum is digital oil; a revolutionary new technology that allows other applications to be built on top of it. Ethreum is propelling us into a crazy new internet age called “Web 3.0.” It’s the stage right before we’re plugging tubes in our heads and living in the Matrix. I can’t wait!
What Web 3.0 will actually do is create a more open, permissionless internet. This is an internet that’s run by its community and not a handful of big tech overlords. The technology that is best able to achieve this will in turn create “digital oil.”
The title of digital oil is a big deal because oil pretty much runs everything in the actual world. Oil powers cars, our homes, our clothing. It creates the plastics that our electronics are built out of and keeps our medical equipment turned on. Oil is the underlying material that we build our entire lives on top of.
Amazon and Google are the closest things we have to digital oil right now. However, Ethereum has entered the ring. And Ethereum is playing for keeps. It will disrupt everything online if it…