How Filecoin Could Kill Amazon (The FUTURE of Decentralized Storage)


Published on January 14, 2023 by

Are NFTs a full-on scam? In 2022, thousands of NFTs for the Coachella music festival were frozen leaving users without any art in their NFTs. Why? The actual assets were held on servers that belonged to FTX. This is a problem with NFTs as a whole and not just ones connected to Solana and FTX. It’s a bug in the system while we bridge the gap between Web2 and Web3. Is there a solution? Or is this the achilles heel for NFTs? And I wonder if Filecoin has anything to say about it.

0:00 Intro
0:52 The Problem
1:38 Parler
2:32 Why Decentralized is Better
4:12 What is Filecoin?
5:14 Filecoin for Storage
6:11 IPFS
7:18 FVM
8:07 Conclusion

💱 Use this link to trade with us on BitGet, an exchange that puts users and security first. ➡️

NEW to crypto or NEW to the channel, join the BitSquad:
📚 Grab My Book ➡️
📚 Learn more about crypto ➡️

📈 BitLab Trading Suite | Get access to the best trading indicators ➡️

Protect Your Crypto in Cold Storage:
💳 BC Vault Cold Wallet ➡️
💳 Ledger Cold Wallet ➡️
💳 Trezor Cold Wallet ➡️

BitSquad Tools:
🧾 Need crypto tax help? GET 10% off CoinLedger tax tracking services with code: BITBOY ➡️
🔬 Research with Token Metrics ➡️
⚙️Lux Algo Trading Tool ➡️
🛠 Market Cipher Trading Tool ➡️

Represent Your Crypto Squad:
👕 Best Crypto MERCH ➡️

Come Stake On-Chain with The BitSquad:
🧐 How to join Cardano (ADA) BitPool ➡️

Connect with Me & the BitSquad!
Join Me on Twitter ➡️
Join Me on Instagram ➡️
Join Me on TikTok ➡️
Join Me on Rumble ➡️
Join Me on Minds ➡️


All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.


#bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation #cardano #cryptocurrency

Category Tag