A speaker argues that websites have always just moved information around, but blockchain and cryptocurrency add actual value to digital channels. He compares a website to a physical storefront where users navigate options like walking through aisles.
Chapters
Let's say hypothetically a business wants to make a website. In the digital world, a website is kind of like a building. It's not exactly, but it's kind of like a building. Think about it. You go into Walmart, right? And there's all this food and different things. It's the same thing with a website. You go to the website and then you can click and there's all these options and the way the website's optimized, you go this way, that way. It's the same type of experience. It's the digital experience of the physical going into a store, if that makes sense. Now, again, all of that, let me just be clear, is information transfer. So website is information transfer, apps, information transfer. It's all— there's no value associated to that until blockchain and crypto came out.