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Macro expert and former Goldman Sachs executive Raoul Pal is predicting an unprecedented pace of growth in the market cap for Bitcoin (BTC), Crypto and Web3 projects.
In a new Google Tech Talks interview, cryptocurrency expert Pal says that crypto’s market cap of about $1 trillion could explode to $300 trillion in just a decade.
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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.
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What is the Metaverse?
The Metaverse is a new type of virtual world that is set to become a major part of the Internet. It is estimated that 5 billion people will be using it by 2030. There are some risks of using it, however. For one thing, there is a high potential for internet addiction. Users may also lose contact with their real-world friends and family. As with any new technology, it is best to practice self-control and limit your exposure to the new environment. Furthermore, the hardware and software that are required to access the metaverse can be expensive. This could lead to a growing wealth gap.
The term metaverse comes from the word “meta” and “universe,” which both mean “world.” The concept of a “metaverse” has a variety of applications. It can be a social network, virtual reality, or a way to interact with the physical world. Regardless of the use, this digital world will enable people to interact with their digital and physical worlds in a whole new way.
The first of these uses is a virtual world where users inhabit their own space and interact with others through an online avatar. Metaverse users can move, speak, and act in ways that would be impossible in real life. Moreover, metaverse users can also own and sell virtual property. In some cases, these properties may even be monetized through virtual scarcity.
