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NFTs - Blockchain Powered Art, Trading Cards, Music and More (#47)

The Kevin Rose Show

Kevin Rose

Science, Entrepreneurship, Longevity, Technology, Cryptocurrency, Kevin Rose, Health, Meditation, Business, Health & Fitness, Mindfulness, Society & Culture

4.92.1K Ratings

🗓️ 16 March 2021

⏱️ 66 minutes

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This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit kro.substack.com/subscribe

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0:00.0

Hey everybody Kevin Rose here.

0:01.0

Welcome back to another episode of the Kevin Rose show.

0:04.0

Although this is actually the very first episode of my brand new podcast called Modern Finance.

0:10.0

I'm excited to launch a show and tell you what it's about, but I think I need to take a step back and really unpacked for you why I think it's so important that this show exists today and why you should subscribe.

0:21.0

So I read a report that said for the very first time in

0:25.4

Q4 of 2020 there have been more institutional money going into purchase

0:30.8

cryptocurrency than retail.

0:33.2

So what does that mean?

0:34.0

That means that VC firms funds, family offices,

0:37.4

of billionaires, big corporations, ones like Square and Tesla,

0:41.9

the two that have made announcements that they bought crypto.

0:45.4

All of these big firms with hundreds of billions of dollars are now buying cryptocurrency at a rate

0:51.2

that is outpacing consumers.

0:54.0

So if this trend continues, and Apple gets into the game,

0:58.0

Google gets into the game, every other major Fortune 1000,

1:01.0

and even governments.

1:03.4

If this happens, we're talking about trillions of dollars

1:07.6

entering into the cryptocurrency space.

1:09.6

This could be one of those crazy moments that a decade from now we look back and we say this is as big

1:16.9

as the internet or the iPhone or I don't know like when Amazon launched like this is just one of those crazy world-changing

1:25.5

moments and when I say world-changing I mean a few different things one this idea of a

1:31.4

universal currency that is accepted globally could be world changing.

...

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