In your nightly crypto news wrap-up, we bring you the top crypto stories. The SEC and ESG weaponize policy against the people, the Ripple case getting drawn out isn’t stopping them from focusing on the future, and Paraguay is bullish on crypto!
What We Discuss:
0:16 ESG News Clip
0:30 ESG & The SEC
2:12 Frankie Candles Market Watch
3:36 Ripple XRP SEC Case
4:38 Paraguay’s Crypto Adoption
5:09 Closing Thoughts
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Metaverse – The Future of Virtual Reality
Metaverse is an augmented reality space that will be accessible via desktop computers, mobile devices, game consoles, and virtual reality glasses, wristbands, and headsets. The future metaverse will allow millions of users to collaborate, play, and work together. Already, many companies have stepped up to develop the technology, including Epic Games, creators of Fortnite. Roblox, a maker of the popular 3D gaming platform, has also publicly stated its intention to build a metaverse.
Critics have questioned the benefits and drawbacks of this new technology, especially the risks associated with it. A recent Bloomberg article revealed how a female journalist found herself the only woman in the Horizon Worlds virtual reality game. Some are worried that metaverse could be a new form of Internet addiction. Others worry about the potential for scammers and centralized tech companies to take advantage of a decentralized world. However, a recent survey revealed that over half of those who have tried the virtual reality game said it had a positive impact.
The idea behind Metaverse is to create a single virtual reality where people can interact and share their thoughts. A person can create their own avatar in Metaverse, hang out with friends, play games, and browse the internet. Some believe that Metaverse will become the “new internet” where everything is accessible and everyone has a voice and a choice of how to interact with others. This virtual reality world will likely be based on a blockchain, which means that no one entity can control it.