Expensive NFTs are often purchased with exorbitant gains from the earlier days of crypto. Combined with a strong faith in the underlying technology’s potential. The gains seem like monopoly money compared to “the old-fashioned” earning model where employees trade long working hours for a salary. In fact, traditional conceptions of money and payment cannot be applied to digital currencies. I would even question if fiat can be used in any meaningful way to measure the value of digital currencies.
We are already living in the metaverse, albeit in a primitive, early version of it. Hardcore gamers and social media addicts have been living there for years. In the future, the digital and physical space will blend more and more together, virtual worlds will be interoperable, and the online experience will be consistent, yet alive, mimicking the world as we know it.
, it may be a dystopian nightmare. So thinks John Hanke, founder of Niantic, Inc. the company behind Pokémon Go.[7]
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