Published: 2021-11-13
Status:
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Analyzed
Predictions from this Video
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Prediction
Topic
Status
The speaker will explain how to invest in the metaverse and why it will become valuable.
"i'll explain to you how it works how you can invest in it and why it's about to become so so valuable"
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Major companies like Nike, Meta, and Microsoft are investing in the metaverse because they see it as the future.
"all of these companies are realizing that this is where the future is going"
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The metaverse signifies a shift where digital identity will hold more importance than physical identity.
"the metaverse is when the idea of the digital self becomes more important than the physical self"
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The metaverse is not a new concept but an evolution of our digital experiences that began with the internet and video games.
"the metaverse is a simulation of time and we've been experiencing the metaverse since the creation of the internet and the creation of video games"
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Humanity is transitioning to a Type 1 civilization, which will rely heavily on solar energy.
"we are going from type 0 to a type 1 planetary civilization a moment in time where we'll get most of our energy from our nearby star"
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Tesla is predicted to become one of the most valuable companies globally in the future.
"companies like tesla which in the future are going to become the most valuable companies in the world"
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Cryptocurrencies are seen as the future currency for the metaverse.
"the cryptocurrencies that we're creating today is the money of the metaverse"
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NFTs will serve as integral components of our digital identities within the metaverse.
"nfts are the stuff or the things that we bring into this world as part of our digital identity"
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Decentralized Autonomous Organizations (DAOs) are predicted to function as the companies within the metaverse.
"we could look at daos or decentralized autonomous organizations as the companies of the metaverse"
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The value in the metaverse will come from the assets and items people bring into it, rather than the platform itself.
"it doesn't matter what matters more is the stuff that we bring to these worlds that define our values and our identities"
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Bitcoin and Ethereum will be foundational assets in the metaverse, representing property and liberty.
"money is going to be valuable and money is bitcoin and ethereum they are the foundations of property and liberty"
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Collectibles and NFTs will be important for showcasing status and wealth within the digital world of the metaverse.
"i think collectibles and nfts are gonna play a huge role in displaying our flexes in this digital world"
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Traditional physical world value systems will not directly translate to the digital world; new understandings are needed for digital asset valuation.
"we can't just borrow our value system from the physical world and apply it to the digital world and have it make any sense because it falls apart"
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The metaverse is simply the newest interface for experiencing a reality where individuals have control over life, liberty, and property.
"all the metaverse is is just the latest interface for us to experience a place in time where we control life liberty and property"
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The most significant value in the metaverse will stem from what users contribute to it, rather than what the metaverse itself generates.
"it's not what the metaverse creates that becomes valuable it's what we bring into it that becomes significant"
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