💰 BlockFi: Private Client: (Sponsored)
Michael Saylor, the chairman and cofounder of software company turned Bitcoin acquisition vehicle MicroStrategy, has predicted the value of the king crypto (BTC) will overtake gold within ten years – potentially giving Bitcoin a $500,000 price and a market capitalization of $10 trillion.
“The next logical stop for bitcoin is to replace gold as a non-sovereign store of value asset,” Saylor told MarketWatch this week, adding gold is a $10 trillion asset. “Bitcoin is digital gold, it’s 100-times better than gold and if bitcoin goes to the value of gold it goes to $500,000 per bitcoin.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3e5BLR4
✔ Elon Musk Locks in $44B Twitter Deal: https://bit.ly/3Ce9wb7
✔ Mark Cuban Really Bullish on Crypto: https://bit.ly/3SYRkJe
✔ BTC Accumulation Hits 7 Year High: https://bit.ly/3M7vjWa
✔ Michael Saylor Vs. Peter Schiff: https://bit.ly/3RDGjvP
✔ Michael Saylor $500K Bitcoin Prediction: https://bit.ly/3V1M0GP
🔴 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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What is the Metaverse?
The Metaverse is a virtual space that people can visit and share with other people. It has the potential to transform social media, as it provides new levels of digital sociability, and gives businesses new opportunities to expand markets. Although the Metaverse has not been completely defined yet, it is expected to be a new medium for exposing products and content to customers, and it could help make the buying decisions process easier for both businesses and customers.
In the Metaverse, users inhabit their own virtual world and interact with other users using online avatars. The avatars allow users to freely move, speak, and take action. They can also own, sell, and trade virtual property. This virtual property is backed by cryptocurrency, allowing them to participate in the economy of the metaverse.
While the Metaverse is still in its early stages, it is gaining momentum. Facebook is actively engaging in this emerging technology. The company is using blockchain technology to secure digital assets, incentivizing users to trade and commerce. Internet of Things technology and 3D innovation are also helping the Metaverse grow. The Internet of Things will enable network connection between computers and devices, while 3D innovation will create more realistic interfaces and immersive gaming experiences.
Blockchain-based applications have also made it possible for users to own virtual land. These apps will allow them to earn money by playing games. There are a number of popular Metaverses available on the market. Some of the most popular ones include SecondLive, Decentraland, and Axie Infinity. SecondLive also uses blockchain technology. Axies are non-fungible tokens that are used to create virtual properties. They are also protected by a metaverse blockchain, which protects the digital property of users.