This space is hosted by thyrevolution
Space Summary
The Twitter Space session provided an expansive discussion on the future of blockchain, cryptocurrency mining, and the application of decentralized finance (DeFi) technologies. Participants shared their early experiences with Bitcoin mining, detailing the transition from GPUs to the superior ASIC hardware which maximized efficiency and output. A significant portion of the space focused on the innovative integration of blockchain technology in managing music royalties, presenting a transparent and immutable method for handling intellectual properties. The importance of community engagement was a recurrent theme, with various speakers emphasizing the immense value derived from active participation and listening in such forums. The event also underscored how early adoption and practical application of theoretical knowledge could lead to transformative advancements in financial technologies. Networking through Twitter Spaces was acknowledged as a crucial tool for learning, development, and fostering collaborative relationships within the expanding arena of decentralized finance.
Questions
Q: How has Bitcoin mining evolved over the years?
A: Bitcoin mining has evolved from CPU and GPU methods to more specialized and efficient ASIC mining.
Q: What role does community engagement play in Twitter Spaces?
A: It enhances networking, allows for knowledge sharing, and keeps participants informed on current trends.
Q: What potential does blockchain have for music royalties?
A: Blockchain can disrupt traditional models by providing transparent, immutable, and efficient royalty management.
Q: How can one maximize learning from Twitter Spaces?
A: Active listening and participation are key to gaining insights and spotting opportunities.
Q: Why did early Bitcoin mining seem inefficient?
A: It was reliant on less specialized hardware, making it slower and less effective compared to today’s standards.
Q: What sparked discussions about integrating blockchain and music?
A: The need for transparent and efficient royalty managing systems in the digital age.
Q: What is the significance of long-duration Twitter Spaces?
A: They provide in-depth discussions and continuous learning opportunities in various niches.
Q: What role does early adoption play in tech development?
A: It allows for experimentation and laying down foundational work in emerging tech sectors.
Q: What are some networking benefits from participating in Twitter Spaces?
A: Networking benefits include exposure to diverse perspectives and potential collaborations.
Q: How does networking contribute to growth in the blockchain space?
A: It allows for shared learning, guidance from experienced professionals, and identification of emerging trends.
Key Takeaways
- Blockchain and cryptocurrency are dynamically changing spaces with emerging technologies.
- Community engagement in Twitter Spaces can enhance networking and knowledge sharing.
- Bitcoin mining has evolved significantly
- emphasizing ASICs for efficiency.
- Integration of music royalties on blockchain holds potential for disrupting traditional models.
- Twitter Spaces foster dynamic conversations with experts across various fields.
- Active listening and participation in Twitter Spaces can provide valuable insights and opportunities.
- Transitioning from theory to practical applications is crucial in tech developments.
- Early adoption and experimentation are key in sectors like blockchain and crypto.
- Networking events are critical for growth and learning within the space.
- Engaging in continuous learning through platforms like Twitter Space can be highly beneficial.
Behind the Mic
Ben (00:00:00): I know I have some, like a lot of people on zoom and also like on Twitter, so this is kinda confusing. We have like 44 people. Um, so hi everyone. Welcome to Ben metaverse radio. This is our episode seven. I am your host Lois and joining us today is our guest is Ben. And I think Ben, it’s actually your Twitter handle. It says Ben metaverse, like is that the whole life thing.?Ben (00:00:33): Yeah, that was agreed on. Uh, I think when we started this in itself, it was like, you know, I’ve always wanted a radio show for us. So it was like, Ben kind of represents the whole, the whole thing, you know? So it’s like it’s not just me, it’s not just about me. It’s about anyone else coming into the space, wants to build something in this space or, or do something in the web. You know, like this is a platform for anyone to use. Um, and we so happen to be calling it Ben metaverse radio. So yeah, that’s kind of where it stems from.Loai (00:01:03): Oh, interesting. And you know what’s interesting? I actually been hearing a lot of your spaces and you have one of your listeners right now, Pablo, and he just came to join like he’s requesting as speaker, just gonna let him, but, um, Ben, like the whole idea of, you know, Ben like metaverse. And how you, you said you wanted to make it something that’s not just about you, it’s about everyone. So how was the journey like, like, how did you even come up with this idea?Ben (00:01:37): So the journey is interesting cause like there’s been so many winding roads to this journey because it didn’t start off initially like that. It was kind of like, oh, I wanna build something in the space that is relevant for the web space, the blockchain space, and everything that everyone’s doing. So, you know, I kind of didn’t wanna like focus on one particular project or activity that pertained to me or was relevant for me. It wasn’t supposed to just be a stamping ground for me to be like oh, I’m doing NFT’s and I’m doing this, I’m doing that. It was meant to be a platform to give exposure to anyone that wants to come on here and, and talk about what they are doing right. In the space it’s broadened out to, um, because you know, at the start really, I, I started off researching blockchain in like, just basically bitcoin in like 2013. And and throughout those years, it’s just been constant learning different layers of the process, right. And and things have been going on in this space. And really when I came up with this radio concept, it was a case of how do I put all of the knowledge over the years that I have accumulated out to something that I can share with people right, This platform, which started off as bliss radio was our initial first concept. I don’t know if many people remember, but we were actually one of the first to be broadcasting all our rooms on our like, website. Right. And now there’s so many other platforms doing it. So it’s just a constant involvement and, and changed for us over the years really. But yeah, it’s essentially that’s kind of the journeyLoai (00:03:14): And so you said 2013, like, like what was of the, what were some of the biggest learning points especially when it comes to blockchain?Ben (00:03:25): Man back then, like, so Bitcoin at the time was, there was nothing much else going on with anything else that you know of. It was just primarily like Bitcoin and a couple of like others kind of working around it in terms of wallets and this and that that were starting to foray into other companies, not everything’s kind of housed under wallets. But the main thing was like these faucets that initially kind of drew me in. And I was like, oh, what’s this about? Free Bitcoin? That was a bit of something that was like too good to be true. I don’t think It’s right, but yeah. Um, so that free Bitcoin, essentially just looking at mining and at that time, bitcoin mining was just not the same as what it is like now. Um, so yeah, there was another big change in the mining now as it’s a lot more sophisticated from a lot of the times and eras that we came up in, back then it’s more like proof of stake wasn’t around on anything you’d just be mining bitcoin and if you could with like a couple of GPUs.So there was no, like, GPU mining and all of that. GPU mining was like something that was theorized basically at that point. So. So we start like trying to mine bitcoin and it was like, oh, this is shit. This is not working. You know, Asics are like, the way to go and whatever, like, this is just not working for us. And then at the same time, you know, we start buying off a lot local bitcoins, you know, like, and whatever, and just like, getting as much basically sats as we could. So back then again, it wasn’t all of this other shit. It wasn’t about all of this other shit. There was nothing else going on. Like, it was just literally, hey, we’re going to buy this stuff and we’re going to build stuff here. And hopefully we can build, you know, like, things here, right? Like, you know, platforms or whatever it is, apps, whatever.You know, me and a couple of other people were working with, and coming from the music space, the first thing that came to our heads anyway was music royalties would be like, absolutely massive on the blockchain, like, and it would. And and it became like pivotal to everything that we’re basically building on. So yeah, pretty much essentially the, the big learning curve for me anyway, was using decentralized technology and seeing how it fits into the space. And that specifically as well came from like Cypher brokers and forum brokers and all that kind of blockchain from there local bitcoins you know, … definitely hit up the Bitcoin talk forum and all of these different types of forums that existed back then. And there’s now different types that exist now. LOAI (00:09:25): Wow. Like 2013 and you mention something in that answer initial answer you just said, you said faucets that it really interested you and one of our listeners Mario was saying that, Hey, he’s also NFT royalty and hosting weekly spaces. And like Mario you wanna got any inspiration from those spaces? Mario (00:09:41): Hey, hey Louis, thanks for inviting me man. I was actually at one of Ben’s spaces the other day, where he’s talking about like, how to get artists into, um, like NFT spaces and I’m also helping artists to come into the space. So yeah, it’s the same thing.Longman(00:24:53): Wow. Times have definitely changed in this space since jumping in back in like the early stages of bitcoin and just watching everything evolve right before us, but you know, web three never sleeps, does it? You know, this is why we’re so passionate, because, a lot of people have been building whilst doing jobs, being dads, husbands, building their own life as well. Yeah, that’s it, man. That’s it exactly that. And it’s like, I think every space I’m in, even when I’m like, managing other spaces and stuff like that, you know, on other accounts or whatever, it’s like sometimes your spaces just could be going on, like 4 hours or whatever you’re in there, right? Like, so I’m pretty much used to it though, man. Like, it’s a so part of, part and parcel of the space, man. And if you don’t sit down and listen sometimes, then you don’t really clock what’s going on. You don’t really see, you know, what’s going on around you. So definitely always good to listen and just observe in it sometimes, you know, which I’ve definitely done for a long time in the space, so, yeah.”
