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Script ID
#35
Channel
—
Assigned To
zoe
Original Transcript
That's cool you're in the crypto. So what does it do? Blockchain is the future. Crypto is a decentralized, trust-minimalized value exchange layer. I don't know what that means. Basically, it allows permissionless peer-to-peer financial transactions without legacy financial intermediaries. Does that mean something to people? Really, it's just using a globally distributed network of nodes to establish a mutable transaction records. So what does it do? It monetizes open-source innovation with cryptographic guarantees. But in actual words, why are people spending real money on this? Well, it delivers verifiable state transitions and censorship resistance and globally synchronized consensus. It's just money, right? Why is it better money? Well, through digital scarcity, self-custody, and native internet assets, it really is redefining modern finance. Oh my god! Essentially, it's the best hedge against centralized monetary policy risk with its blockchain. Stop! In real English words, why are people using crypto? Oh, because you use it for illegal stuff on the internet and also because it's gambling. Finally, thank you. So are all those meme coins? Oh, literally all pump-and-dump schemes. Every single one of them.