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The video discusses the future of blockchain technology, predicting widespread adoption similar to the internet. It highlights how industry shocks can strengthen foundations, using the internet's growth as an example. The role of blockchain in law enforcement is explored, emphasizing its transparency. Regulatory challenges in emerging sectors like the Metaverse are discussed, noting the need for clear guidelines. The importance of maintaining high ethical standards in the industry is stressed, with a focus on long-term commitment and responsibility.

What is the predicted future of blockchain technology in the next 20 years?

• It will remain a speculative investment tool.

• It will be completely replaced by new technology.

• It will be as common as sending a message today.

• It will be used by a few niche industries.

How does the blockchain's open ledger contribute to its security?

• It prevents any form of transaction from being recorded.

• It ensures all transactions are visible and traceable.

• It allows transactions to be hidden from the public.

• It makes it easy to alter transaction records.

Why is blockchain considered a poor tool for criminal activities?

• It is too expensive to use.

• It is public and transactions are permanent.

• It is not widely accepted by criminals.

• It requires advanced technical skills.

What is a challenge in regulating new technologies like the Metaverse?

• The industry is still developing and unpredictable.

• Regulators already have clear guidelines.

• There is no interest in regulating it.

• The technology is too simple to regulate.

How does the industry promote ethical standards among its players?

• By ignoring unethical behavior.

• By collaborating with all players regardless of their standards.

• By using influence to encourage long-term commitments.

• By enforcing strict regulations on all players.