Ray Dalio states that “Cash Is Trash” and talks of the upcoming collapse of the markets as we dive deeper into WHY people continue to buy stocks and stay on the sidelines instead of investing into Bitcoin & Crypto.
Q&A For Today’s LIVE STREAM –
0:00 – Market Recap | Topics Overview
4:27 – Collapsing Markets and Why Everyone is Selling
9:15 – 0.3% of Household Wealth (We’ve Got a LOOOOOOOOOONNGGG Way to Go)
13:25 – Why We’re Early and the Upside
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Story #1 LINK – https://www.ft.com/content/2b77473c-44d8-4b27-98f8-07c096f5302c
Story #2 LINK – https://fortune.com/2022/05/20/trillion-crypto-collapse-btc-eth-binance-goldman-sachs/
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.
The Future of Crypto and the Metaverse
Metaverse is a virtual world where people own virtual land, play games, and earn money. Blockchain-based games are some of the most popular examples. Some popular metaverses include SecondLive, Axie Infinity, and Decentraland. Each of these uses blockchain technology, and the Axies are non-fungible tokens. Axies are built from over 500 body components, and can breed up to seven times. Their offspring can then be sold on the gaming platform for profit.
The future of the metaverse is bright – it will allow human presence in the virtual world. It will be interoperable, enabling people to move between the different virtual spaces represented by avatars. This will ultimately create a thriving virtual economy. While the future of the metaverse is still unclear, early examples show that it has immense potential. The concept of a virtual world that connects people to the real world is a logical one, and it is a natural extension of the real world.
The idea of a virtual world has caught the imagination of many in the crypto community. While Facebook, Microsoft, and other tech giants are currently interested in building their own Metaverse, it remains to be seen whether these players will actually use it for their own purposes. In a recent interview, Facebook CEO Mark Zuckerberg said that Metaverse will help drive the socialization of crypto. As a result, he was a big fan of the technology, which helped it to be widely adopted.
