In this episode, we feature clips from my conversation with crypto expert Dan Fleyshman on the future outlook for cryptocurrencies such as Bitcoin and digital assets like NFTs (non-fungible tokens). As these alternative digital assets continue to evolve, it's valuable to gain perspective on where they might be headed in 2023 and beyond.

In this episode:

• The hype around random NFT art is fading, but NFTs still have practical utility for brands and companies. Major corporations like Starbucks and Ferrari are embracing them.

• The importance of NFTs providing real-world utility beyond just digital art. NFTs with practical applications will have more longevity.

• While many cryptocurrencies exist, Bitcoin and Ethereum appear here to stay due to their functionality and adoption.

• The reason behind Bitcoin's limited supply driving up demand. As more entities acquire Bitcoin, supply shrinks, making Bitcoin potentially more scarce and valuable long-term.

• How Bitcoin's volatility makes it higher risk short-term but lower risk long-term due to its track record and inevitability. Time in the market is more important than timing the market.

• The truth about the proliferation of cryptocurrencies. While many exist, only a small percentage have real-world utility and will thrive. The focus should be on cryptocurrencies solving real problems.

This episode provides a balanced look at the realities and potential behind cryptocurrency and NFTs. While the future is uncertain, these insights can guide us toward more informed decisions in this evolving landscape.

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