I was out for dinner this week with a group of real estate developers. And as you might expect, we spent the majority of the time talking about real estate and complaining about how long things take. But a good chunk of time was also spent pontificating about the world of crypto. That's what happens these days. In fact, one of my friends joked that my/this blog used to be a real estate and cities blog, but now it's a crypto blog. It's a joke, but I guess it's becoming partially true.
For as long as I can remember, I have always been interested in what's new and what's next. And I think this is next. So I'm reading, playing, thinking, and writing about it. And the more I do these things, the more my conviction grows. But what really did it for me was the hands-on playing around part. I'm not interested in owning a crypto ETF (the US is about to get its first bitcoin ETF based on futures contracts). I want to own the cryptocurrencies directly so I can see what they can do and how everything works. (Though I will say that this space is still not very user friendly.)
One of the things that comes to mind as I continue to play is the future interrelationship between our offline and online worlds. Because already we are living in a world where people now buy and collect rent on virtual real estate in places like
I was out for dinner this week with a group of real estate developers. And as you might expect, we spent the majority of the time talking about real estate and complaining about how long things take. But a good chunk of time was also spent pontificating about the world of crypto. That's what happens these days. In fact, one of my friends joked that my/this blog used to be a real estate and cities blog, but now it's a crypto blog. It's a joke, but I guess it's becoming partially true.
For as long as I can remember, I have always been interested in what's new and what's next. And I think this is next. So I'm reading, playing, thinking, and writing about it. And the more I do these things, the more my conviction grows. But what really did it for me was the hands-on playing around part. I'm not interested in owning a crypto ETF (the US is about to get its first bitcoin ETF based on futures contracts). I want to own the cryptocurrencies directly so I can see what they can do and how everything works. (Though I will say that this space is still not very user friendly.)
One of the things that comes to mind as I continue to play is the future interrelationship between our offline and online worlds. Because already we are living in a world where people now buy and collect rent on virtual real estate in places like
instead of physical fashion, and pay just as much for it and sometimes even more. And where augmented reality is changing how we experience our cities in real life. A few weeks ago, I came across a park in Paris that had partnered with
These are meaningful shifts that are gaining traction (and this post is by no means an exhaustive list). And while I remain steadfast in my belief that cities are profoundly resilient and real-world experiences are irreplaceable, I do believe that our emerging digital worlds are going to have an impact on how we design and build our cities going forward. From art murals of NFTs to entire new virtual worlds, this is an exciting time for cities and technology.
With seemingly so much happening in the world these days -- everything from COVID to climate change -- it is perhaps easy to feel a little discouraged about the current state of affairs. But I am an optimist. And as I mentioned on Twitter a few weeks ago, I haven't been this excited about the future of tech and the internet in a long time.
I believe in the resiliency of cities and, as I have been arguing on this blog all throughout COVID, I think the claims about the demise of our cities have been greatly exaggerated. In fact, I think this pandemic has forced us rethink a lot of things about our urban environments, including how we allocate and use our public spaces (think patios). Some of these changes have been for the better and they're not going to go away.
I think the benefits of working in close proximity to others are too great to have everyone working remotely. Yes, we have learned that decentralization is possible. But there's an overwhelming amount of research telling us that we're all more innovative and productive when we cluster together in cities and in offices.
I have been back in the office almost 100% of the time since it has been possible to do that. And I am much happier and more productive as a result. There's also research suggesting that there are
instead of physical fashion, and pay just as much for it and sometimes even more. And where augmented reality is changing how we experience our cities in real life. A few weeks ago, I came across a park in Paris that had partnered with
These are meaningful shifts that are gaining traction (and this post is by no means an exhaustive list). And while I remain steadfast in my belief that cities are profoundly resilient and real-world experiences are irreplaceable, I do believe that our emerging digital worlds are going to have an impact on how we design and build our cities going forward. From art murals of NFTs to entire new virtual worlds, this is an exciting time for cities and technology.
With seemingly so much happening in the world these days -- everything from COVID to climate change -- it is perhaps easy to feel a little discouraged about the current state of affairs. But I am an optimist. And as I mentioned on Twitter a few weeks ago, I haven't been this excited about the future of tech and the internet in a long time.
I believe in the resiliency of cities and, as I have been arguing on this blog all throughout COVID, I think the claims about the demise of our cities have been greatly exaggerated. In fact, I think this pandemic has forced us rethink a lot of things about our urban environments, including how we allocate and use our public spaces (think patios). Some of these changes have been for the better and they're not going to go away.
I think the benefits of working in close proximity to others are too great to have everyone working remotely. Yes, we have learned that decentralization is possible. But there's an overwhelming amount of research telling us that we're all more innovative and productive when we cluster together in cities and in offices.
I have been back in the office almost 100% of the time since it has been possible to do that. And I am much happier and more productive as a result. There's also research suggesting that there are
. It creates a break in our day, allows us to detach from our work, and gives us time to process stuff in our mind.
I think things like digital fashion and augmented reality are going to have profound impact on the way we consume things. You could also argue that there's a sustainability angle to more digital and less physical. And of course, I am excited about the transformations that I believe cryptocurrencies and blockchain technologies will continue to bring to many different industries (if not most).
This morning I was reading a Financial Times article about cryptocurrencies in the developing world. It it perhaps no surprise that many of these countries are providing to be early adopters. People are leapfrogging over to cryptocurrencies because their existing currencies and financial systems aren't effective enough. That has lead to adoption and penetration that looks something like this according to FT:
There is, of course, many other things to be optimistic and excited about. But I'll leave that for the comment section below. What are you excited about these days?
. It creates a break in our day, allows us to detach from our work, and gives us time to process stuff in our mind.
I think things like digital fashion and augmented reality are going to have profound impact on the way we consume things. You could also argue that there's a sustainability angle to more digital and less physical. And of course, I am excited about the transformations that I believe cryptocurrencies and blockchain technologies will continue to bring to many different industries (if not most).
This morning I was reading a Financial Times article about cryptocurrencies in the developing world. It it perhaps no surprise that many of these countries are providing to be early adopters. People are leapfrogging over to cryptocurrencies because their existing currencies and financial systems aren't effective enough. That has lead to adoption and penetration that looks something like this according to FT:
There is, of course, many other things to be optimistic and excited about. But I'll leave that for the comment section below. What are you excited about these days?
