3 ms·

Hiro delivered pizzas and lived in a storage unit with a roommate. His metaverse "wealth" was essentially worthless to him in real life. Real-life real estate i

by evan_ 5y ago

Hiro delivered pizzas and lived in a storage unit with a roommate. His metaverse "wealth" was essentially worthless to him in real life. Real-life real estate is valuable because they're not making more land. Virtual real estate does not have that limitation. (Also IIRC he helped create the Metaverse, he didn't simply buy in early.)

intrasight 5y ago
"bought in early" by investing his time. Web3 will succeed if it succeeds in creating artificial scarcity - just as Bitcoin has succeeded in doing. I am pessimistic, but there are lots of people who think otherwise. I do think that it will have a "real-estate" aspect to it soas to have scarcity of place. Here's a thought: can we repurpose all the Bitcoin computation to doing something useful like rendering the metaverse?