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In a new Google Tech Talks interview, macro expert Raoul Pal says that the crypto market cap of about $1 trillion could explode to $300 trillion in just a decade. If Bitcoin price were to 300x from today’s value that would equate to $6,000,000 per BTC and put Ethereum at about $450,000 per ETH.
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Show Notes / Crypto News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3zCbEIY
✔ Philippines Launches Bitcoin & Ethereum Trading: https://bit.ly/3sSrvPP
✔ Central Banks Purchase 400 Tons of Gold: https://bit.ly/3UgbDlY
✔ Coinbase to Support XRP Lawsuit Vs. SEC: https://bit.ly/3U4BiOP
✔ Dogecoin (DOGE) Use Case: https://bit.ly/3DU9Iy3
✔ 300x Prediction by Raoul Pal: https://bit.ly/3SZEB8P
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🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#bitcoin #crypto #btc
The Metaverse and Cryptocurrency
The Metaverse is a future version of the Internet, a virtual space that people can own and share with others. It consists of shared virtual worlds and games that are not controlled by centralized authorities. This new technology aims to make the Internet a more collaborative environment, and has the potential to help users earn money through gaming.
The Metaverse will allow millions of users to interact with one another in a shared virtual world. It will be accessible on desktop computers, mobile devices, gaming consoles, and virtual reality glasses and wristbands. Users will be able to collaborate, share information, and play games in real time. Already, some companies have begun working on the new technology. For instance, Epic Games recently announced a $1 billion round to help them build Metaverse worlds.
The company has grown to 600 employees and operates in 14 markets globally. It has recently become profitable, generating $141 million in bookings and $530 million in income in the first nine months of 2021. By November 2021, Animoca Brands’ digital assets were worth $15 billion. Moreover, the market for the metaverse is expected to reach $21.7 trillion by 2030. Animoca Brands’ metaverse deals include investments in non-fungible tokens, which are used for storing value and authenticating ownership on a digital ledger.
With the growth of digital currency, many companies and investors are interested in exploring the Metaverse. Microsoft, NVIDIA, and Epic Games have announced plans to explore the concept. Meanwhile, VISA recently purchased the first NFT for $150,000, and other major corporations are also getting into the business. Several large brands have begun marketing on the Metaverse, including Coca-Cola and Gucci.