June 17, 2022
Web3 and Crypto Are Only Mostly Dead (328)

Joe and Robert detail the latest Web3 and crypto bad news. But could now be the very best time to invest your time and talent? Canada unleashes a controversial law that seems like way more problem than solution. Facebook engages in another rug pull....


Joe and Robert detail the latest Web3 and crypto bad news. But could now be the very best time to invest your time and talent?

Canada unleashes a controversial law that seems like way more problem than solution.

Facebook engages in another rug pull. Can we ever trust Meta again? (the answer is no)

Rants and raves include when it's time to stop your content and bringing back AOL.

This week's links:

Coinbase Lays Off 1,000

Bitcoin Turns South

Bill C-11

Facebook Rug Pull

When To Pull the Content Creator Plug

AOL Is Back

The Cure for Imposter Syndrome

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Timestamps

 

00:00 Intro

00:43 Marilyn Monroe Dress Controversy

04:41 More on Robert’s Famous Neighbors, The Kardashians

07:05 Robert’s Announcement: Experience Advisors is Now Open! Apply to Class #1

15:45 Robert Gives Show Outline  

17:47 Coinbase Lays Offs/ Web3 and Crypto Bad News/ Potential Recession 

34:31 Canada’s New Bill May Regulate Online Streaming Services

42:26 Facebook Might Not Pay for News

48:33 Rants and Raves: Joe Talks When to Stop Content Creation Article; Robert Raves AOL Reboot and Discusses Impostor Syndrome in Marketing

1:01:11 Personal Updates; Robert’s Birthday Plans, Check Out The Tilt Legal Course, Pulizzi Family Reunion

1:03:26 Outro

 

Quotes

 

Joe: “The infamous Intel started during a recession. This is when great companies get started. And this is when you’re starting out you can make up ground. If you were thinking about starting that Crypto and Web3 project, well now might be the best time of all. ”(22:42)

 

Robert: “The stock market is not the economy, first of all. 52%-56% of American adults own stocks. That said, neither is the Crypto economy by the way. The economy is, of course, inflation, What we’ve seen with slowdowns and interest rates, that’s is the economy.” (24:57)

 

Joe: “Of course, the traditional broadcasters should be treated like Netflix and Amazon and everything should be the same. The problem is it’s not just those big companies. If you say streaming content, that means any streamer.”  (40:32)

 

Joe: “We predicted on this show that at some point very soon, Facebook will pay zero out for content to traditional publishers because they are focusing so much on getting creators on the platform.” (44:41)

 

Robert: “Right now, articles from the Wall Street Journal, The New York Times that is so not on anyone’s mind at Facebook. In terms of competition and where eyeballs are going, it’s 100% to TikTok.” (45:07)