Who Is Spending Bitcoin?

Other than citizens of a country with a totally debased currency, people don’t want to spend their Bitcoin. Not right now while it is still volatile and has maximum upside potential.

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.

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What is the Metaverse?

Several tech companies have announced plans to explore the metaverse, including Microsoft, NVIDIA, and Epic Games. One major investor, VISA, purchased the first NFT for $150,000. Popular brands have also gotten involved, with Gucci and Coca-Cola collaborating with online game platform Roblox to sell digital accessories in the form of NFTs.

A metaverse is a digital space where users live and interact. In this space, they can own virtual property and trade it with other users. The only difference is that the virtual property is not real, and users can move and interact freely with each other. They can even trade their virtual property for non-fungible tokens.

In the near future, the metaverse will be driven by entrepreneurs and content creators. These people will create content, provide services, and do useful things for the metaworld. The challenge will be monetizing these services. Some of these services can be non-fungible, such as psychological services. Other services could be monetized through tokens. For instance, an online cinema might issue tokens for movie viewing rights. A user could also use tokens to gain access to closed clubs or events.

A growing number of companies are putting their resources into creating a Metaverse. Some of these companies are already building their communities in the metaverse, while others are just starting out. The Metaverse has tremendous potential to change how we work, communicate, and play.

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