We discuss the increased tension in the macro economic situation and how this will all impact the web3 market. More economic indicators for a full blown recession and possibly a depression are coming into the picture. Also, talks of nuclear war from Russia are causing wide spread panic. How are we to react to these existential threats to secure the future and hedge against these worst case scenarios. Also, looking at the NFT market shows a massive decline in NFT trading volume in comparison to 8 months ago. What caused this drop off and what will reinvigorate the market to bring it back.

We interview Publius, one of 3 founders of the Bean stablecoin. Bean Stalk Farms has a growing community that reached out to us for an interview to go over the stablecoin landscape and what Bean is doing different. Publius goes over the origin story of $Bean stablecoin, how it works, and how the fiat monetary system is responsible for the last 100 years of innovation. We discuss how society can determine success of a currency. Can there actually be a sustainable currency? What about the connection between DeFi and the metaverse? Can society have a sustainable governance system where a global population can leverage? We go all over this on today’s podcast. Enjoy.

With so much bear market FUD entering the market, the SEC is becoming the main center stage threat to the stability of the cryptocurrency markets. We debate on whether or not the SEC should be of concern for the future of web3, also if it does become one, should there be changes to the rules and regulations to now hamper innovation and ecosystem participation. Also, we get into a heated debate on the threshold the SEC has set for being an “accredited investor”.

Seems like Andrew Tate is getting traction as a result of the design of social media algorithm designs. Freedom of speech is being challenged by the social media companies and presents an opportunity for the web3 space to capitalize on the collective realization that freedom of speech can be quickly censored. We find parallels with what’s happening in the macro-economic conditions with the Great Depression from the crash of 1929. Our monetary system is destined to collapse but there is a secret that could delay the inevitable collapse. The secret is the metaverse, find out how.

In episode 123 we go over how we started in the metaverse and how the bear cycle has impacted the nascent space. We do an overview of where we are in the Bitcoin cycle and the results of the macro-economic conditions. We’re in an unprecedented state in the life of Bitcoin. The network has not seen a recession and we’re potentially starring straight at a depression. As a result, we hash out the Bitcoin vs Gold debate and how Satoshi’s idea changed humanity. In the early stages of the metaverse we find parallels with construction of the internet.