Are you curious to learn about blockchains, cryptocurrencies, and NFTs?
On the latest episode of The Art of Making Things Happen with Steve Sims, we tried to get to the bottom of some of the questions around these important technological trends.
We sat down with Joel Comm, 15-time Best Selling Author, speaker, entrepreneur, and the host of the Bad Crypto Show, where two regular guys sit down and attempt to approach the answers to questions everyone wonders about cryptocurrencies and more.
Here’s what he had to say about the topic.
While China has made mining for Bitcoin illegal (for like, the 15th time), Bitcoin doesn’t care. It doesn’t need a nation’s approval.
Being completely decentralized, if China doesn’t want to have people mining Bitcoin, guess where those miners are going to go? Anywhere else!
Joel Comm states, “It is literally unstoppable money. The only way to stop Bitcoin would be to shut down the internet.”
Meanwhile, another country is seeing the value of Bitcoin. El Salvador.
Joel Comm explains, “El Salvadorians are about to become very wealthy. Especially as they start taking Bitcoin as payment in some of their services.”
Joel predicts that El Salvadorians will experience prosperity and wealth unlike they’ve ever seen in their nation’s history over the next two decades.
While most nations are still playing hot potato when it comes to Bitcoin, financial institutions are buying in.
Joel states, “Every day, we read stories about either Visa or Paypal or MasterCard, Goldman Sachs, JP Morgan, Michael Saylor of MicroStrategy buying Bitcoin…we’ve had other companies very quietly building their portfolios.”
You can go to PayPal now and buy Bitcoin. But, to Joel, it’s inevitable. When everyone is buying in, there’s only one way Bitcoin can go — up.
Joel Comm has paid particular attention to NFTs for some time now. While they are relatively new and unknown to most people, Comm states he loves the collectible value of NFTs.
NFTs stand for non-fungible tokens. They are pieces of digital art tied to blockchain technology and are therefore collectible and can become quite valuable. Similar to famous artwork, non-fungible tokens are finding a new home for modern-day digital collectors.
Comm states, “NFTs are just a better way to authenticate a piece of digital art.” The advantage to NFTs is that they don’t take up space, don’t deteriorate, and maintain their value over time.
Every niche is starting to become part of the NFT world, from art to music to actors, and brands will start to offer digital collectibles of NFTs.
However, it’s not just novel items that will soon become NFTs. Soon, everyday items like your driver’s license, your car title, and more will become NFTs.
Why? Because it’s the easiest way to protect the authenticity of an item over time.
There are several places where you can buy NFTs. Here are a few that Joel recommends:
Joel Comm used his curiosity to distinguish himself as an expert in their field. While not a financial advisor, he has followed his curiosity to learn and help others uncover the world of blockchain technology.
Following his curiosity, he was able to turn it into his dream lifestyle. He has created a brand around what he truly loves through writing, creating NFTs, podcasting, and entrepreneurship.
He shares how you can achieve this mindset in his New York Times Best Selling book The Fun Formula.
Joel says that the digital revolution is here. If you want to be a part of it, you can. Use your curiosity, creativity, and serendipity to discover how you can become a part of the new digital revolution using the fun formula.
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