The conversation takes place on the Market Musings podcast, hosted by Mark Fairbairn and Alan Green. Malcolm reflects on the recent Bitcoin Halving, noting that the event did not immediately impact Bitcoin’s price, as such events tend to affect the mining economy gradually.
The focus then shifts to the evolution of Web3, its potential impact on internet paradigms, and what Coinsilium is doing in this space. The talk explores how Web3 might compete with major internet players and potentially shift advertising models.
The talk explores how Web3 might compete with major internet players and potentially shift advertising models. They also discuss how established companies like Google might adapt to Web3, emphasizing the decentralization of data similar to how cryptocurrency has decentralized money.
00:00 – Introduction
01:15 – Bitcoin
11:26 – Web3
20:21 – How to Compete with the Big Internet Players
26:46 – New Advertising Models for Web3
31:40 – Will Google etc Adapt to Web3?
34:34 – Key Next Steps in the Evolution of Web3
37:12 – Decentralization of Data Like How Crypto Decentralized Money
42:47 – Bolt
45:28 – How Will Coinsilium Give Investors Exposure Upside to Investors
Here are some bullet points summarizing the key topics discussed in the video:
- Introduction of Guests and Hosts: Malcolm Palle joins hosts Mark Fairbairn and Alan Green on the Market Musings podcast.
- Recent Bitcoin Halving: Discussed the Bitcoin halving event; noted that it didn’t significantly affect Bitcoin’s price immediately.
- Impact on Mining Economy: Explained how Bitcoin halving influences the mining economy, affecting miners’ costs and efficiencies long-term.
- Focus on Web3:
- Overview of what Web3 entails and its significance.
- Discussion on competing with big internet players through Web3 innovations.
- New advertising models that could emerge with Web3’s growth.
- Adaptation by Major Companies: Speculation on how companies like Google might adapt to the emerging Web3 landscape.
- Decentralization of Data: Emphasized the importance of decentralizing data in a way similar to how cryptocurrencies have decentralized financial transactions.
- Future of Mining Sector: Predictions about changes in the mining sector, including potential shutdowns among smaller miners due to inefficiencies.
