Gary Vee speaks about blockchain at the ChainXchange conference in Las Vegas on August 14, 2018.
He emphasizes patience, stressing that we are still early in the game.
He suggests becoming a practitioner in the execution of blockchain within your craft to make a long-term impact.
Re cryptocurrencies, he warns that it’s likely that 90-98% of currencies won’t make it. He notes that blockchain is a foregone conclusion, but the currencies built on it are not.
99% of people’s understanding of blockchain begins and ends with Bitcoin, which further signals that we are at the beginning.
If you truly understand blockchain and its inherently decentralized nature, how would China, Russia and the United States accept and allow it to happen? Other than atomic bombs and armies, it takes away all their leverage. Parallel this with a global movement of nationalism and blockchain becomes more vulnerable than you might think.
The internet has already upended the status quo and they don’t want blockchain to execute a 2.0 version on them.
The nirvana of blockchain at scale equates to the dynamics of WW III.