FUTURE for Bitcoin Regulation (Will VCs Buy Cardano?)

In your nightly crypto news wrap-up, we bring you the top crypto stories. CFTC Chair, Rostin Behnam, weighs in on crypto regulation, Cardano celebrates their 5th Birthday and Charles Hoskinson shares his views on Venture Capitalist and CBDCs.

What We Discuss:
0:00 Intro
0:28 Behnam News Clip
1:17 CFTC Opens The Door
2:18 Market Watch
4:08 Cardano’s 5th Birthday
4:38 Charles on VCs and CBDCs

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Investing in Blockchain-Based Metaverses

Blockchain-based metaverse systems are developing VR and AR technologies that will allow users to interact in the environment. However, before investing in metaverses, it is imperative to do your research and understand how they work. For example, the first step is understanding which metaverses will thrive. If you can understand these basics, you will have a greater chance of making a smart investment.

The metaverse is an online virtual world where individuals can create avatars and interact with other avatars. The metaverse is a space where people can work, socialize, shop, and experience new ideas. The idea of a virtual world is revolutionary for the modern world, and it is one of the reasons that tech companies are betting big on it. Microsoft, for instance, recently announced plans to buy the game developer Activision Blizzard for $86.7 billion.

For instance, Facebook is building its own metaverse. Its goal is to make it easier to buy, sell, and display digital objects. But as it stands, Facebook’s version of the metaverse is far from ideal. It’s still in its early stages, but it will be easier for users to buy and sell Limited Edition products. It’s worth noting that Facebook owns Oculus, a company that has a lot of experience in the virtual reality world. In addition, Facebook is making major hiring efforts for its metaverse unit.

There have been a lot of concerns about Facebook building its own metaverse. Security and privacy are major concerns. Furthermore, there are concerns over hate speech and fake news on the platform. However, Facebook has made many promises and has pledged to build the metaverse responsibly and openly with outside firms. While these statements are encouraging, some in the crypto community remain skeptical.

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