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In today’s breaking Bitcoin News, conservative influencer and political commentator, Candace Owens shared a letter on Twitter that shows JPMorgan Chase allegedly closed the bank account of Kanye West (also known as Ye). As far back as 2020 on the Joe Rogan podcast, Kanye West revealed the ‘True Liberation Of America’ could be Bitcoin and after this recent bank cancelation it couldn’t be anymore obvious that the king crypto (BTC) really is the answer.
“Earlier today I learned that [Kanye West] was officially kicked out of JP Morgan Chase bank,” Owens tweeted on Wednesday. “I was told there was no official reason given, but they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank.”
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00:00 Welcome (Shout Outs)
02:56 Trending
05:35 iTrust (Sponsor)
06:25 Market Watch
09:46 Bitcoin T.A.
12:57 Bitcoin City
15:41 Ethereum 35% Rally
20:24 XRP Vs. SEC
22:56 Bitcoin Price Forecast
27:09 Kanye West on Bitcoin
34:56 Q&A
40:29 Big Finish
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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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The Risks of Investing in the Metaverse
The Metaverse is a blockchain-based virtual world where users can own land and play games for money. Popular metaverses include Decentraland, Axie Infinity, and SecondLive. These are blockchain-based virtual worlds with a large community and a high number of players. The currencies for these virtual worlds are called Axies, and they’re non-fungible tokens that can be used to purchase virtual goods, services, and virtual currency. In addition, Axies can breed with other Axies up to seven times, and the offspring can be sold on the game platform.
Despite its novelty, the Metaverse is not yet a practical investment for the average person. Though most of the content in these worlds is for entertainment purposes, there are several risks to investing in them. While they’re not for the typical investor, buying real estate in metaverse games could prove profitable in the future.
One of the major risks of building a metaverse is that developers and users won’t be able to interoperate across different platforms. As a result, developers and users may end up creating separate experiences on different platforms. The metaverse will eventually allow users to share content between different platforms. However, the challenges remain.
The metaverse will be social in nature, enabling users to interact with others and form relationships. It may become addictive and people could easily lose touch with real-life friends and family. For this reason, users should practice self-control when entering the metaverse. It will also cost a great deal of money to enter the metaverse, which could lead to income disparity.
