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Mark Yusko is the billionaire investor and Founder of Morgan Creek Capital. His prediction for Bitcoin is that itβll be worth over $400,000 in the long term, a statement that made headlines in crypto because for its grandiose scale.
βItβs just math. It is gold equivalentβ¦there are about 20 million BTC available today. Gold today is about $8 trillion. That gives you $400,000. And that doesnβt include use cases that relate to currency,β Yusko said.
He also pointed out that the leading cryptocurrency is striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. When transactions are verified on a Blockchain, banks become obsolete.
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Show Notes / News Resources:
β Bitcoin Technical Analysis: https://bit.ly/3wbWOXV
β Raoul Pal’s Ethereum Prediction: https://bit.ly/3PpW1JX
β Short Selling BTC & ETH Is Dangerous: https://bit.ly/3SVgOrI
β Upward Pressure Building for BTC: https://bit.ly/3SS8lFP
β $400K Bitcoin Price Prediction: https://bit.ly/3As2fV7
π΄ 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.ββββββββ Always do your own research and never invest what you cannot afford to lose.
#bitcoinβββββββββββββββββββββββββββββββββ #cryptoβββββββββββββββββββββββββββββββββ #bitcoinnews ββββββββββββββββββββββββββββββββ#cryptocurrency #btc
Three Perspectives on the Future of the Metaverse
The metaverse is a digital world that allows you to interact with others and do business with them. Its new features make it an ideal place to network, make friends, and even work. In the recent weeks, Facebook and other social media companies have renamed their services as “meta”. Facebook founder Mark Zuckerberg announced plans to create this digital world combining AR and VR technologies. People will be able to communicate, work, and relax in this space. Many in Silicon Valley believe that the metaverse will be the next breakthrough in modern technology.
Facebook’s recent acquisition of Meta could pose a major threat to the future of the Metaverse. It is already being criticized for spreading misinformation and division, and it faces antitrust concerns. Facebook’s dominance in the digital world could make it impossible for smaller companies to compete in the future. Other factors could also impact the Metaverse’s future. Let’s look at these three different perspectives on the future of the Metaverse. These factors will determine the future of the new space.
The pandemic that has been sweeping the internet has contributed to the cultural adoption of the Metaverse. Animoca Brands, which owns The Sandbox, is a major investor in the company. It also owns CryptoKitties and NBA Top Shot creator Dapper Labs. Mitch Penman-Allen is a co-founder of Perion. This startup has made several acquisitions over the past two years.