Tech
Cryptocurrencies are already changing the world as we know it
From boardroom balance sheets to digital art auctions, cryptocurrencies are everywhere. And while knowledge of blockchain may have almost gone mainstream – it’s not uncommon to find a bitcoin ATM at the coffee shop – what is still emerging is how much blockchain will change and challenge the world we live in. Cryptocurrency has already been adopted as legal tender in El Salvadorleading to emerging questions about what a global economy might look like if it moved towards a decentralized banking system.
So how can you stay up to date on how cryptocurrencies are changing global culture? The best way to understand the A(xie Infinitive), B(itcoin)AND C(riptopunk) of this new world is to take a step back. While you can get lost in the ups and downs of the volatile cryptocurrency market and the hundreds of cryptocurrencies for sale on the exchange, what is constant is that new digital assets anchored in blockchain technology are creating major changes around the world on a macro level. .
To that purpose, “Down the rabbit hole ” – a new series from the digital asset management company Register – unpack the vast world of cryptocurrencies. In each episode, the long-running series will tackle the cryptocurrency industries across various segments, examining how cryptocurrencies are changing society as we know it and what to expect when the world goes crypto.
Get the news before it hits the headlines with “7 Days in Crypto”
Each week, “Down the Rabbit Hole” offers viewers a segment called “7 days in cryptocurrencies. “ In less than the time it takes to brew coffee (three minutes, if you watch the clock) you’ll get a rundown of global cryptocurrency news, before it hits mainstream headlines. From cryptocurrency-related companies becoming key advertisers for sports teams in the United States to Facebook launching its new digital cryptocurrency wallet“7 Days in Crypto” gives viewers a worldwide overview of what is happening in the world of cryptocurrencies and blockchain.
Learn more with “The History”
Cryptocurrencies may be dependent on technology, but they are creating a sea change in society. And now that cryptocurrencies are not exclusively in the hands (or, rather, digital wallets) of investors, what does this mean for the masses?
It depends on who you ask. “The Story” uses a global lens and street reporting to connect with decision makers and real people to see how cryptocurrencies play out in everyday life. For example, the prime minister of “History” focuses on what happened when El Salvador adopted bitcoin as legal tender in September 2021. For some citizens, the change was life-changing. With a crypto wallet, a smartphone and a Wi-Fi connection, some Salvadorans have found an opportunity to expand their customer base or support their distant families in a way that was trickier when they relied on a physical bank. Others worry about oversight and transparency, wondering why the government has been so quick to adopt cryptocurrency in the country.
In another episode, the series takes viewers to the Nigerian city of Lagos , now the global epicenter of a new world of cryptocurrency and culture where Nigerian artists have become emerging visionaries in the NFT space. Another segment explores the blossoming romance between football and cryptocurrencies as a growing number of crypto companies advertise on shirts, collaborate with football clubs and have become part of contract payments for famous athletes such as Paris Saint Germain Football Club striker Lionel Messi.
The result: a program that has a unique view of the global economy.
Find out what’s great with “The Deep Dive”
Cryptocurrencies have not only shaken the financial world. The cultural world is also changing, as blockchain technology has transformed concepts such as ownership. Because data in a blockchain cannot be tampered with, destroyed, or counterfeited, individuals have the opportunity to “own” a specific set of data. This property gave rise to the NFT.
An NFT can be a work of art. It can also be a tweet, a meme, or pretty much anything else that might not seem to have “value” in the “real world.” In “The Deep Dive,” instead of trying to explain what an NFT is (because, as you can see, it’s complicated), the segment explores the who, how, when, and why behind the crazy world of crypto culture.
One the segment delves into Larva Labs, a studio that pioneered the concept of digital ownership with the invention of its online CyberPunks, becoming one of the pioneers in the NFT space. Another segment explore Axie Infinity, a blockchain-based play-to-earn video game that changes the concept of gaming. AND one third explores the acceleration of the metaverse becoming an integral part of our current reality.
In other words: it’s the world of cryptocurrencies. And “Down the Rabbit Hole” shows us how we live there.
Because cryptocurrencies are more than a currency
Futuristic, strange, inspiring, complicated. As “Down the Rabbit Hole” illustrates in its three segments, there are many lenses for viewing cryptocurrencies. But by taking the discussions away from the wallet and into the real world, “Down the Rabbit Hole” hopes to provide a better perspective on why cryptocurrencies are much more than a fad. Cryptocurrencies are changing the way we live, although we don’t know exactly how much (yet).
From the register:
Founded in 2014, Ledger is the all-in-one digital wealth management solution serving institutional and retail clients in 200 countries. By combining a hardware wallet, which provides security, with the Ledger Live app, which provides access to cryptocurrency services, Ledger offers consumers the easiest way to start their crypto journey while maintaining full control over their digital assets. Their latest video series on YouTube, “Down the rabbit hole,” explores how cryptocurrencies change the world, economy and culture around the world.
Exchange, lending and other crypto transaction services are provided by third-party partners. Ledger does not provide advice or recommendations regarding the use of these third-party services.