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BitMEX founder and crypto veteran Arthur Hayes says Bitcoin has a path to a $1 million per BTC on the back of the Federal Reserveβs new Bank Term Funding Program (BTFP).
Recently, former Coinbase executive Balaji Srinivasan made a bet that Bitcoin would hit $1 million in 90 days because of sudden hyperinflation. While Hayes doesnβt think Srinivasan will win his bet, he does see the scenario playing out on a longer timeframe.
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TimeStamps: (Check back later)
00:00 Trending
Show Notes / News Resources:
β Bitcoin Technical Analysis:
β Coinbase CEO on its Wells notice: https://bit.ly/3LKMRcB
β SEC files lawsuit against Tronβs Justin Sun and celebrities: https://bit.ly/3JBsr33
β Bitcoin Currently Witnessing Its Best Marketing Campaign Ever: https://bit.ly/3TBiRBM
β Crypto Analyst Says BTC Surge to $40,000 To Happen A Lot Quicker: https://bit.ly/40rFueq
β Arthur Hayes Says BTC Can Shatter $1M On Vicious FED Cycle: https://bit.ly/40pvfYx
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.
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The Metaverse – A 3D World That’s Always-On, Seamless and Immersive
Metaverse is a 3D world that fuses virtual and real experiences in the same space.
The Metaverse combines virtual reality with augmented and mixed reality, enabling participants to explore and interact with other people and their avatars, in a simulated world that is always-on, seamless and immersive. It’s a future that could bring a new way of life to humans, with the ability to connect to people from anywhere in the world and build digital communities around their interests.
Achieving a truly interoperable metaverse will require coordination and cooperation among various companies, while also offering firm rules of digital ownership, ecosystem building, norm setting and a new digital government [25]. Security is a key consideration for the Metaverse, as it introduces the need to focus on trust, including cybersecurity, privacy rights, regulatory compliance and anti-fraud efforts.
Crypto and NFTs are poised to help with these challenges. Non-fungible tokens (NFTs) are digital assets based on blockchain technology that can be used to prove the provenance of in-game items, gaming assets and even real estate.
Gamers and other participants are increasingly using crypto currencies, like Ethereum, to make in-world purchases and investments, as well as to pay for goods and services in the Metaverse. NFTs are secure, easy-to-prove, and offer access to asset markets and the promise of a new level of transparency for in-game content and gaming assets.
Besides the obvious financial benefit of Crypto and NFTs, the Metaverse can create a unique and authentic brand experience for companies that are able to develop branded games or other 3D marketing experiences in the Metaverse. These experiences may be used to create competitive advantages and capture attention from customers in new ways.