1874: Metaverse Real Estate: Virtual Land Boom or Ponzi Scheme? Steve Hoffman
Creating Wealth Real Estate Investing with Jason Hartman
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Show Notes
Jason Hartman welcomes Steve Hoffman back to the show today to hear about the latest developments regarding real estate, digital assets and speculation in the metaverse.
As we see a lot of big brands such as Gucci jumping into the virtual space to sell digital assets, a lot of people are wondering, where do you buy land in the metaverse? Are these good investments? How is their worth actually determined? How are people actually earning money?
Is this here to stay or just a passing fad? And what about cryptocurrencies? The amount of hype compared to the amount of utility that cryptocurrencies have delivered is completely disproportionate. People don't want to buy goods with cryptocurrency just yet, so what are they actually using cryptocurrency for?
Join Steve and Jason as they discuss future virtual worlds, NFTs, crypto and much more.
Key Takeaways:
0:00 Welcome to The Creating Wealth Show with Jason Hartman
1:04 Empowered Investor Pro Community
2:08 Welcome Steve Hoffman, Chairman & CEO of Founders Space
3:11 Buying land in the metaverse, NFTs, cryptocurrency & Decentraland
5:41 Steve's book - The Five Forces That Change Everything: How Technology is Changing our Future
8:18 Big brands like Gucci are selling virtual goods
10:07 Make money speculating on virtual land in the metaverse
11:08 Axie Infinity - play to earn
13:49 Inflation and virtual currency
14:53 Real value or a Ponzi scheme?
18:36 Virtual assets and gambling
19:34 Mark Zuckerberg & Facebook's Metaverse
20:52 Why didn't Amazon launch a cryptocurrency?
24:09 Bitcoin: a decentralized money of the people
26:16 Central bank digital currency
29:46 Russia, SWIFT system, XRP
32:02 Distinguishing Bitcoin from other crypto
33:21 The evolution of Bitcoin
34:49 Find Steve Hoffman at FoundersSpace.com
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