A Bright Future for the Young

Far too often one reads how AI, robotics (and even blockchain) will destroy jobs, leaving our youth with bleak futures. Well, this article is quite different. Tascha (from TaschaLabs) highlights the megatrends she sees that are futuristic, positive & downright exciting.

10 Prophecies for the Web 3.0 (read here)

I tend to agree with all ten of her prophecies, although two really do stand out:

1/ hyper tokenisation of everything. How many of you know that some equities and indices have already been tokenised? And if you’re willing to act as a liquidity provider, you can get annual yields of 100+%… (I’m currently getting 141% on TSLA-USD). Art has been tokenised (think NFTs) and real estate is ripe for blockchain/tokenisation

2/ staking becomes 3rd most important income source for the masses. We’ve all read about how the (primarily) young, using Robinhood, took on hedge funds over Gamestop, etc. Many young are #digitalnatives — giving them a massive advantage over their parents and grandparents — and will embrace staking as a new source of income. And I agree with Tascha, it will become an area of increasing focus as people realise you can really create a sizeable new income stream. DeFi has enabled all of this. And I tend to think it will become most people’s 2nd — not 3rd — source of income.