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Kraken crypto exchange CEO Jesse Powell says he would NEVER bet against Bitcoin and is still hopeful of a $2 million dollar BTC price by the end of 2022.
“I’m still hopeful that I’ll be able to buy a Bugatti by the end of the year for one Bitcoin.
I bought in bitcoin again at $18,000, I’m happy to ride it back up,” Kraken CEO Jesse Powell told Bloomberg in an interview this week, adding he’s “still bullish on the long run” due to bitcoin’s “fundamentals” continuing to improve. “I’d never bet against bitcoin.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3PzdVtO
✔ BTC Failing to Sustain $25K: https://bit.ly/3T0wPN4
✔ Crypto Exchange Price Manipulation: https://bit.ly/3T6bSjF
✔ Billions Pouring into Crypto: https://bit.ly/3pvj9vT
✔ $2M Bitcoin Prediction: https://bit.ly/3pxNdXG
🔴 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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Facebook Changes Name to Meta and Changes Stock Ticker to MVRS
Facebook recently changed its name to Meta and said it is building its own metaverse. This will be powered by nanofibre technology. The name also makes a cryptic hint about Facebook’s commitment to the metaverse. The company will also change its stock ticker from FB to MVRS on Dec. 1. The Metaverse will be a shared virtual universe, combining the physical world with the virtual reality world and the internet.
The Facebook co-founder Mark Zuckerberg has praised the concept of the metaverse on a recent company call. He called Facebook a “metaverse company” and said it would create “a new type of virtual economy,” hosting hundreds of billions of dollars in digital commerce, and creating millions of jobs for creators. Zuckerberg’s use of metaverse terminology publicly comes as no surprise, given Facebook’s investment in virtual reality. Zuckerberg has said that the Metaverse will be “the ultimate expression of social technology.”
Entrepreneurs will be the driving force behind the metaverse, creating services, creating content, and doing useful things for the metaworld. But to realize the promise of the metaverse, users must be able to monetize those services. Psychologists could issue non-fungible tokens to users to view movies. Tokens could be used as tickets to events, closed clubs, or even a spaceship! The future is endless, and it all starts with the blockchain.
