The metaverse
In order to fully understand the future of Cryptocurrencies such as Bitcoin, we must understand the Metaverse. What is it, how does it affect other cryptocurrencies, and what is its future. The Metaverse is a virtual world where we can make all of our dreams come true. Let’s say you wanted to go to the Caribbean and could not afford the ticket price. Enter the Metaverse and within seconds you are relaxing on the beach enjoying the sunshine. The applications for this technology are endless in Business, Heavy industry, Manufacturing, Software, Medicine, and Entertainment. Fortune 500 companies are currently investing billions of dollars into this technology as it’s seen as the future of the internet and a way to stabilize global economies.
One application is to hedge against a global drop in our standard of living. As housing standards are dropping with inflation, it allows us a mental break from some of the hardships we will be facing as the world economies start to change due to rising interest rates and a potential food crisis. Can you imagine your average factory worker who needs a job to feed his/her family working endless hours under non-ideal conditions and after a long day comes home and puts on their virtual reality headsets and enters the Metaverse to escape reality for a few hours a day?
The Metaverse is one of the most unique opportunities in the past 20 years, it’s similar to the same business cycle of Bitcoin and the internet during their infancy. Our strategy for investment is very simple, use 100% discretional funds and find a way to save this money without impacting your standard of living. One way is to cut out lunch once a week and use the savings to purchase metaverse tokens. Cut out a coffee a day, take the bus once a week, make minor changes to your lifestyle to purchase small amounts of metaverse tokens, and do this every month.
The metaverse affects everything associated with cryptocurrencies as it requires usage in order to operate. NFT’S are designed to be bought and sold within the metaverse. So as Bitcoin drops, all metaverse tokens will also follow, but then there will be a bottom caused by the uses listed above and they will rebound.
We are becoming a part of this trend by purchasing monthly a small amount of metaverse tokens.
ALL BACH GOLD created a crypto token that uses an algorism created by www.evaulm.com to purchase Bitcoin, Ethereum, ZCASH, DASH, Lite, and USD based on Evaulm’s EVM software. The token is up 103% since its inception in Jan 2020.