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Back in April, legendary investor Cathie Wood of Ark Invest turned heads in the crypto world with a breathtaking Bitcoin price prediction of $1 million per BTC. That, of course, was before the market meltdown. Now, six months later, Ark Invest has reiterated its $1 million price target for Bitcoin.
After running the numbers, the investment firm concluded that the three basic use cases for BTC support a future market capitalization of $28 trillion, or more than $1 million per Bitcoin.
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TimeStamps: (Check back when video done processing)
Show Notes / Crypto News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3NrMORR
✔ Binance Coin (BNB) Jumps to New BTC ATH: https://bit.ly/3U7lUAX
✔ Major BTC Bottom Signal Flashing: https://bit.ly/3WdEGbD
✔ Where BTC Whales are Invested: https://bit.ly/3DjuHZL
✔ Dogecoin (DOGE) Rallies 140%: https://bit.ly/3ztmBfS
✔ Bitcoin $1M Prediction: https://bit.ly/3FuBv9p
Welcome Music Credit:
Track: Please Hold
Artist: https://slip.stream/artists/birdo
Music by Slip.stream: https://slip.stream/tracks/f139ec53-18f1-4fe1-b36e-f2317b73c581
🔴 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.
#bitcoin #crypto #btc
Facebook’s Metaverse
The Metaverse is a virtual world that always existed and is populated with avatars and NFTs. It is often associated with cryptography, which is used to facilitate digital economies and virtual representations of legitimate ownership. Today’s Metaverse is mainly made up of Roblox, Fortnite, and video games, and it is also possible to access it using VR goggles.
The Metaverse was first described by Neal Stephenson in his 1992 cyberpunk novel Snow Crash. In it, people can own virtual land and buildings, buy and sell goods, and attend events. In the Metaverse, people can use crypto to purchase goods and interact with each other. They can also play games and earn rewards from playing games.
Despite its lack of real world applications, the Metaverse will likely attract a large number of users. In fact, Facebook itself is planning to shift its focus to the metaverse in the near future. It plans to focus on virtual reality and augmented reality. In a bid to compete with the emerging technology of these new media, Mark Zuckerberg has rebranded the company to Meta.
Mark Zuckerberg, CEO of Meta, says that the Metaverse will be mainstream in five to ten years. Although it will take five to ten years for the metaverse to reach its full potential, many aspects of it are already available. There are ultra-fast broadband, virtual reality headgear, persistent online worlds, and more. Some of the first companies to explore the potential of this new world are experimenting with meta events and stores and hosting popular virtual concerts.
