There are a ton of leading voices in fiat actively trying to undermine the importance and effectiveness of Bitcoin, with one of those being JP Morgan’s Jamie Dimon. In this video, I go over Dimon’s latest attempt at FUD, his flip-flopping and hypocritical takes, and just how far these sentiments spread.
0:00 Intro
0:34 Jamie’s Latest FUD
3:43 Jamie’s Bitcoin Takes Through the Years
4:28 JP Morgan in Crypto
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Facebook’s Metaverse Could Be the Next Big Thing
In the future, people will be able to communicate and relax in the virtual world called a metaverse. It is a place that exists forever.
The technology behind the virtual world will be built on blockchain, a technology that allows users to create and share objects. Blockchain-based metaverse systems allow people to interact with the environment, such as virtual art, music, and games. However, these systems are still in development.
Aside from being used for social interaction, the technology could also be used for a new content medium. It has the potential to generate trillions in value as a new computing platform.
A popular example of a virtual world is Roblox, a platform where people can build their own avatars and purchase tools. Users can play games and participate in events to earn tokens, which can be traded for real-world currency.
Another example of a virtual world is Decentraland, a decentralized, game-based metaverse. People can buy land and buy tokens that can be used for purchasing items or paying for services.
Several larger firms have begun marketing on Decentraland. They are planning to use it for building communities and selling immersive materials.
While the tech is not yet advanced, the concept of a metaverse has been around for years. Many people believe that it is the next big leap in modern technology.
Facebook is betting big on the idea. The company recently signaled a major hiring push for its metaverse unit. One of the first things that will be implemented is the creation of NFTs, or nonfungible tokens. These tokens are unique, traceable on the blockchain, and can hold any type of media.
