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0:00 Intro
00:39 Truist bank trouble
01:40 Government is corrupt
06:10 Kelly on meme coins
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The Metaverse – A Virtual World That Lets Users Trade, Socialize & Travel
A Virtual World That Lets Users Trade, Socialize & Travel
Metaverse is often compared to the internet in the 1970s and 80s as it was being built. It sparked lots of speculation about what it would look like and how people would use it, but in the end, things did not turn out exactly as some had hoped. With the metaverse predicted to be an $800 billion market by 2024, it is high time we start finding out what exactly it means and how it works.
The term ‘metaverse’ is a virtual world that lets people interact with each other using avatars and visual representations of themselves. It’s a network of virtual spaces that are interconnected and that can be accessed through augmented reality (AR) or virtual reality (VR) gear.
Among the most common uses for the metaverse is online gaming. In video games, players can connect with other players in a virtual space that replicates real-world locations. These games often feature a virtual economy that can include crypto currencies and non-fungible tokens, allowing players to buy and sell items for their avatars.
Experts have also discussed potential business applications for the metaverse. Done right, they say, it could increase teleworker camaraderie, improve collaboration, speed up training and reduce the need for physical offices. It could even make it easier for executives and managers to visit a factory, distribution center or construction site on the other side of the globe, shaking hands with employees and doing inspections as if they were there.
