<br><p>We are going to proceed to see the event of the community financial system, from Fb to Bitcoin to Tesla and past</p><div><p class="" data-is="component-paragraph">Community financial system corporations like Apple, Google, Fb and Tesla are as we speak price 10 instances greater than most international locations, and 10 instances greater than industrial financial system corporations. </p><p class="" data-is="component-paragraph">We are going to see the event of the community financial system, from content material networks like Fb and YouTube, to cash and Bitcoin networks, to vitality and transportation networks like Tesla. We are going to see why Apple reached a price of $3 trillion, and Tesla $1 trillion.</p><figure data-is="component-image-wrapper"><picture><source type="image/webp" media="(min-width: 480px)" srcset="https://cdn.i24news.tv/uploads/bc/8c/ca/15/fc/0e/1d/20/a0/f1/9f/01/7c/8d/24/fc/bc8cca15fc0e1d20a0f19f017c8d24fc.png?width=750&amp;type=webp"><source type="image/webp" media="(max-width: 480px)" srcset="https://cdn.i24news.tv/uploads/bc/8c/ca/15/fc/0e/1d/20/a0/f1/9f/01/7c/8d/24/fc/bc8cca15fc0e1d20a0f19f017c8d24fc.png?width=350&amp;type=webp"><source media="(min-width: 480px)" srcset="https://cdn.i24news.tv/uploads/bc/8c/ca/15/fc/0e/1d/20/a0/f1/9f/01/7c/8d/24/fc/bc8cca15fc0e1d20a0f19f017c8d24fc.png?width=750"><source media="(max-width: 480px)" srcset="https://cdn.i24news.tv/uploads/bc/8c/ca/15/fc/0e/1d/20/a0/f1/9f/01/7c/8d/24/fc/bc8cca15fc0e1d20a0f19f017c8d24fc.png?width=350"><img alt="Mladen ANTONOV / AFP" src="https://cdn.i24news.tv/uploads/bc/8c/ca/15/fc/0e/1d/20/a0/f1/9f/01/7c/8d/24/fc/bc8cca15fc0e1d20a0f19f017c8d24fc.png?width=750" class=""/></source></source></source></source></picture><figcaption class="text-lighten"><span class="credit" contenteditable="false">Mladen ANTONOV / AFP</span>Apple emblem</figcaption></figure><p class="" data-is="component-paragraph">Most individuals nonetheless consider Tesla as a automotive firm, however it's primarily a social community of vitality, simply as Fb is a social community of phrases, and YouTube and TikTok are social networks of video. As a result of if Tesla is only a automotive firm like Basic Motors, Mercedes or Honda, then why is it price greater than the market worth of all three mixed?</p><p class="" data-is="component-paragraph">About twenty years in the past, the social networks of decentralized content material have been based, which have been based mostly on a "tv studio and a newspaper in your pocket" within the type of an iPhone. Each boy and lady might all of a sudden produce texts and video and distribute it to billions of individuals on YouTube. At this time, Elon Musk believes that each individual can create decentralized vitality based mostly on photo voltaic panels or wind generators or the enormous batteries of their electrical automotive.</p><p class="" data-is="component-paragraph">After content material social networks, Microsoft and Apple realized the big energy of decentralized social networks. That is why Microsoft purchased LinkedIn at a value of $24 billion and reached a price of $2 trillion, and Apple based iTunes, which is a social community for music, and AppStore, which is a social community of functions, reaching a price of $3 trillion. The social community is a big supply of massive information which is the principle supply of wealth within the twenty first century.</p><p class="" data-is="component-paragraph">That is way more than a technological and financial revolution. It is a historical-civilizational revolution, simply as we noticed in millennia passed by:</p><p class="" data-is="component-paragraph">1. The muscle tissue of the person working with a hoe produced wealth from the land within the agricultural society.</p><p class="" data-is="component-paragraph">2. Gas produced wealth from the machine within the industrial society.</p><p class="" data-is="component-paragraph">3. The factitious or organic neural community (the idea of deep synthetic intelligence) produces a wealth of massive information from the social community, within the networked society.</p><p class="" data-is="component-paragraph">After content material networks corresponding to Fb, YouTube, LinkedIn, and Twitter, the social community of decentralized cash, Bitcoin, arose. Why did Bitcoin rise by greater than 2,000 p.c in two years (2019-2021), from $3,000 to $69,000?</p><figure data-is="component-image-wrapper"><picture><source type="image/webp" media="(min-width: 480px)" srcset="https://cdn.i24news.tv/uploads/94/66/20/5c/3a/8a/23/bb/8e/57/3b/06/d3/26/04/e9/9466205c3a8a23bb8e573b06d32604e9.jpg?width=750&amp;type=webp"><source type="image/webp" media="(max-width: 480px)" srcset="https://cdn.i24news.tv/uploads/94/66/20/5c/3a/8a/23/bb/8e/57/3b/06/d3/26/04/e9/9466205c3a8a23bb8e573b06d32604e9.jpg?width=350&amp;type=webp"><source media="(min-width: 480px)" srcset="https://cdn.i24news.tv/uploads/94/66/20/5c/3a/8a/23/bb/8e/57/3b/06/d3/26/04/e9/9466205c3a8a23bb8e573b06d32604e9.jpg?width=750"><source media="(max-width: 480px)" srcset="https://cdn.i24news.tv/uploads/94/66/20/5c/3a/8a/23/bb/8e/57/3b/06/d3/26/04/e9/9466205c3a8a23bb8e573b06d32604e9.jpg?width=350"><img alt="Miriam Alster/FLASH90" src="https://cdn.i24news.tv/uploads/94/66/20/5c/3a/8a/23/bb/8e/57/3b/06/d3/26/04/e9/9466205c3a8a23bb8e573b06d32604e9.jpg?width=750" class=""/></source></source></source></source></picture><figcaption class="text-lighten"><span class="credit" contenteditable="false">Miriam Alster/FLASH90</span>Illustration of a Bitcoin ATM on the Bitcoin embassy in Tel Aviv, Israel.</figcaption></figure><p class="" data-is="component-paragraph">As a result of <a target="_blank" data-is="component-link" href="https://www.i24news.tv/en/news/international/technology-science/1651558390-explainer-cryptocurrency-and-how-it-works" title="https://www.i24news.tv/en/news/international/technology-science/1651558390-explainer-cryptocurrency-and-how-it-works" class="link" rel="noopener">Bitcoin</a> is the cash of the community technology. Gold was the worldwide cash for five,000 years. Within the industrial revolution of the fashionable period, gold-backed banknotes changed gold. In 1971, the USA cancelled the peg of the greenback to gold, and since then the worth of gold rose from $35 per ounce to $1,500 per ounce, and the world debt exceeded $100 trillion. Bitcoin was designed to cease the worldwide financial decline. And created an entire new system of recent ideas that appeared lately: <a target="_blank" data-is="component-link" href="https://www.i24news.tv/en/news/israel/technology-science/1666785855-israel-s-embassy-in-south-korea-launches-virtual-version" title="https://www.i24news.tv/en/news/israel/technology-science/1666785855-israel-s-embassy-in-south-korea-launches-virtual-version" class="link" rel="noopener">Metaverse</a>, NFT, WEB 3.0, Crypto, Blockchain, and extra.</p><p class="" data-is="component-paragraph">The primary motive for the big energy of the social networks of content material, cash, and vitality is stunning and easy: the commercial revolution was created due to the looks of the steam engine within the manufacturing facility and in transportation. A machine equal to 100 horsepower. A community equals 100 engine energy, subsequently 10,000 horse energy!</p><p class="" data-is="component-paragraph"><i class="" data-is="component-italic">Dr. Asher Idan is a world lecturer with 40 years of expertise in analysis lectures and consulting at Tel Aviv and Bar Ilan universities. He's the writer of three books on futurism, technological innovation, networks and bitcoin.</i></p></div>