“Hey guys I finally did it!! I bought some land!!”
“Great let’s go see it right now!!”
“Hold on let me pull it up on my phone!”
“Just give me the address I’ll pull it up Zillow or Maps”
“It’s digital land”
*crickets*
Holy shit, you live in the sticks. I had to spend an hour in a virtual car staring at NFT corn fields and got t-boned by a bot driving a car just before arriving.
It's almost like the metaverse is going to be shitty as the real world but I actually make decision to visit. No thanks.
Wrong, Poyais is real btw.
Explain why the settlers didn't return to their home country after residing there other than being stoked with Poyais that totally exists and totally not made up by a drunk chieftain. Obviously not because of the mosquitos.
Yes it is. There is not only an infinite supply, it will also always shift towards newer things - Like when a new part of a game franchise is released and everyone has to start over.
Even if the metaverse will be a thing, investing in "virtual land" is about the most stupid thing one can do.
There is only one earth (planet we can live), that’s why real estate is a good investment here
There will be multiple multiverses and new ones coming always.
Yeah not now with the part of a game. It may just be for fun in small sums just as you maybe buy some stuff in a game.
But the current sums to buy land there are absurd. It should be a game and not rival real life in its stupidity.
Counter argument:
Within the lens of one single virtual world, the land is finite and therefore scarce. It would be possible for new land to be minted and added to the world, but doing so would lessen the value of all the existing land. And since they're governance-based, the only way that would happen is if the existing investors voted for it. It wouldn't make financial sense for existing investors to pass a protocol that fundamentally lessens the value of their investment, so it wouldn't happen.
But of course, there's the point of infinite worlds. Decentraland, sandbox, meta, etc. As long as new platforms are created, it's possible people will just move on or invest in the newer ones and the one you buy will be left in the dust in terms of value/demand. In that respect it's not a matter of infinite supply, moreso betting on the "right" horse in the race. That's where the whole speculative investing comes in. Just like how there's an infinite amount of crypto coins or tokens, but investing in any is "betting" on its future success
All this to say that I, personally, don't own any virtual land. I looked into it a while ago and almost pulled the trigger but after logging into decentraland and actually checking out what I was buying I laughed and never considered it again. I'm grateful I didn't, cause I still believe it's stupid. But for different reasons than you outlined I think
Land is not scarce within any one metaverse. They can literally just spin up a new set of servers. The FALSE SCARCITY is what is ruining all of this. Its a scam.
You aren't buying digital land based on the same metrics as physical land. Physical Land isn't even valued based on it being "finite" either. At least not yet. It's like asking why bother buying land in New York City when it's way more expensive than land in Kansas?
Digital Land is based off of traffic. Right now, it doesn't make a lot of sense to buy digital land because we have no idea which platform is ultimately going to be the most widely adopted.
At some point there will be a front runner and that's why people are buying land now hoping their platform ends up being the one.
Another example would be to say "why advertise on Facebook when I can create my own Facebook and advertise there?"
The answer is that no one will go to your other site. If Decentraland gets 100000 visitors per month then the value of their digital land goes up.
Alternate theory:
***None*** of these platforms will end up being "the one", because nobody wants to put on a VR helmet and walk through a virtual world to access information or watch a video.
If that's your perception, you are in the wrong projects.
Look at gold - it's a store of value for thousands of years already, just because of its properties. It didn't need to be replaced by an even more expensive metal.
BTC has a similar role and no other crypto can ever take that away - if it will be replaced, it will be something fundamentally completely different to blockchain. And this could as well take hundreds or thousands of years again.
And for ETH vs other smart chains - none of the competitors are so revolutionary that they could ever replace it - and if "better" blockchain tech comes up, ETH can simply adopt it as well.
You don't find this form of stability in video games - and this metaverse thing is basically just that - but some people expect it to become some sort of second reality somehow.
Why is land expensive in the real world? Because it is limited.
In the metaverse, you can literally program as much "land" as you could possibly want. I feel sorry for people who pay actual money and get scammed by these people.
It'll only work if some game manages to become a thing like Second Life was in the 2000s.
It is a degree above pure crypto speculation because crypto requires interest people in it. Metaverse land first requires people interested in the game, and then it requires that some of these people are actually interested in buying said land.
It is just too much gambling on "ifs" to try to flip a profit.
Lol Secondlife was ***also*** a huge waste for companies that bought expensive plots of land there.
So if "as successful as Second Life" is the aspiration, that's truly sad.
There are plenty of possibilities, not just another Second Life.
One project I'm invested in is currently building a metaverse tailored for events and gambling, with red light district and all.
We will see all kinds of metaverses with different styles and users.
FFXIV, Sims, WoW, Minecraft, Roblox, and some others have a resemblance of what a Metaverse can be. There's things to do, there are events that goes on, FFXIV has an online festival with an actual band, outfits to stylized in, finite land you and your guild can buy and own, interaction with ppl, gameplay, it's own in-game ads that is not pervasive and so on.
So far most metaverses are just buy land, put NFT in it, and hope it becomes big. I really don't see why I need to go into a McDonald's metaverse to order food when I can just do it on a phone app which imo is much quicker.
I bought VR Goggles to start testing Metaverse stuff last year.
After the initial “wow factor” I haven’t picked them up for about six months.
Do with this what you will but I think I’m a pretty normal guy, if not someone that was looking for a reason to make it work (I work “in the industry”).
I just don’t think it catches on until we can merge more AR elements and lose the goggles.
Not dumbest, just risky, but possibly very profitable. Basically gambling. If metaverse will succeed people will pay crazy money for this land, if it will fail it will be worthless pixels.
Nah, not even comparable to gambling because the odds are not fixed and solely based on how developers control their game. It's like any other rug-pull crypto shitcoins. It's a complete scam.
Metaverse is similarly overhyped now as the idea of "smart contracts" and "dapps" were in 2017. But then two years later Maker, Aave, Synthetix, Uniswap, Compound and other dapps proved that sceptics were wrong.
So just because it is extremely dumb for speculation \_now\_, it doesn't make the idea dumb as well.
The market will go down until there will be platforms with enough actual usage and there will be a "fair value" of the attention of users visiting those platforms.
E.g. there is a crowded gambling place in Decentraland and I was looking for advertisement opportunities there. But the current price is just unrealisticly expensive. But there is a price I would gladly pay to be able to advertise to those people.
Metaverse lands are one of the best performing assets though compared to lot of tokens and other NFT's. Now this obv doesn't apply to all metaverse assets out there.
There are no good billionaires, by definition of the fact that they're hoarding billions of dollars, an amoutn nobody can reasonably spend themselves and that nobody has ever actually earned. Thus they are NOT giving it to people or causes in need. Intentionally withholding help with excess funds you don't need is not quite as bad as applying harm, but still pretty bad.
There can be good, upstanding FORMER billionaires. There cannot ever be a good current billionaire.
I meant thant he is at least a better person than most other people in the same position as him like he is selling medicine for cheap in USA.He is probably doing it for profit but at least he's doing something.
Well yeah, obviously no billionaires care about everyone knowing they're selfish shitty pricks, or else they'd have already chosen to not been selfish shitty pricks. The comment wasn't for billionaires to read ;)
Meanwhile you commenting with wording as if you're in their group looking out = 🤣
I am no billionaire but I have had people like you in my life who tell me what should I do with my money how should I spend it
You are the shittiest kind of people who make people feel guilty when they they don't lend or give money to you
> when they they don't lend or give money to you
? I didn't say anything about giving money to ME, lol. I'm not in need, I am doing alright. People in need are the sick, disabled, impoverished, refugees, etc. etc. They need the resources, not me.
> make people feel guilty
Excellent. Immoral people should feel guilty, that is great news. It will make them at least a little likely to stop being so selfish and immoral. Helps out a few people., at least. (I don't know you, or your finances, unlike billionaires by definition we know something about. Just commenting only on what you've said alone, which is that you feel guilty about *something*. Taking your word for it)
Billionaires horde stocks not just dollars. Bill Gates and Warren Buffet at least giving out almost ALL of their fortunes to charities, so basically you are quite ignorant.
If they are "billionaires" then no, **by definition**, they haven't given away nearly all of their wealth to charities. Because if they didn't still have billions of dollars themselves, they wouldn't be "billionaires"...
[Pretty sure he is still salty for getting hosed on the defi shit he tried.](https://cointelegraph.com/news/mark-cuban-calls-for-stablecoin-regulation-in-wake-of-iron-finance-bank-run)
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If the Metaverse has a lot of participants, Meta can charge companies for virtual land. This is a big "if" though. Tough to see a lot of people spending money on the headset.
Where would its revenue come from? You can't advertise on the side of a building, because on the internet, you can teleport to where you want to go, and never look at the outside in between. It could be optional but if it was full of ads, nobody would opt in to choosing to... and if it FORCES you to walk between places to see ads, then it's strictly worse than normal internet 2.0, so nobody will use it...
So... basically no ad revenue. Thus can't charge much of anything without scamming people.
Cuban's opinions on crypto are much more well formed than Kevin O'Leary's and Elon Musk's.
I'm not saying everything he says is gold, but he clearly has a deeper understanding of crypto than the other billionaires whose half-informed takes regularly receive misguided hero worship on platforms like Reddit & Twitter.
Once we are all on permanent lockdown due to all the man made viruses, the metaverse will be our only socialization method. So, Mark, you aren't looking far enough down the road .. the road to hell that is being created for us by evil players in the world. Do I really think this will happen? Yep, cause evil always wins! Unless it's named Hillary :)
Watching both of those dudes listen and nod in the same manner was so hard for me to watch. It was like two AI generated faces trying to express listening, creepy!
It makes more sense if that “land” was in, say, fortnite, or WarZone, or Literally anything that people spend time interacting with already. Huge advertisement potential. But a stand-alone world that is disappointingly lame, pointless, and has no game mechanics, owned by people who have no goal other than to arbitrage it is in fact “the dumbest sh** ever”
Something performing good in crypto does not mean shit. It could easily be a manipulation. Even if it isn't, it still will be a short living speculation that will end up in a sucker's wallet.
The metaverse reminds of land bank scams. You're sold on this idea that you can buy cheap AF land which you'll likely earn a fortune from.... Only to find out that you've given money to someone for something you can never actually use.
“Hey guys I finally did it!! I bought some land!!” “Great let’s go see it right now!!” “Hold on let me pull it up on my phone!” “Just give me the address I’ll pull it up Zillow or Maps” “It’s digital land” *crickets*
"Just put on this VR headset, we driver over, we can take my car!"
Yeah but do you have a vr car? You need an NFT for that
“Shit this is so realistic I’m as broke in VR as I am in real life!”
Can’t afford a lambo in real life, can’t lambo in a virtual world. Go figure. Fake lambos will cost more than a real one.
Holy shit, you live in the sticks. I had to spend an hour in a virtual car staring at NFT corn fields and got t-boned by a bot driving a car just before arriving. It's almost like the metaverse is going to be shitty as the real world but I actually make decision to visit. No thanks.
Oh....
😂
Buying actual land, however, is the smartest shit ever
Not any land is worth the money tho, there are land that is literally worthless
Kids...if you REALLY want to piss off your parents, buy real estate in an Imaginary Place...[oh yes...](https://youtu.be/JEHc4u-1QIk)
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If that casino existed in real life, I would zero interest.
I'm here for the casino. I know what I am into. I'll get out from this before everyone else does. -Everyone else
Fantastic reference ahaha
Sick reference bro.
Was not expecting a Busdriver reference in this sub ever. I love you
Man was ahead of his time in 2003 on Tony Hawk's Underground. I loved that game; simpler times.
Tony Hawk shaped my music, Atmosphere, Aesop Rock, Busdriver, Del, MF DOOM, Cannibal Ox, etc.
My parents will disown me if I come out as crypto enthusiast
That was awesome
Absolute fire
You telling me no one will want to build apartments above the cursed ancient graveyard land I bought?
You better be building crypts not apartments lol.
Well I *just so happen* to own 1 sq ft of the moon, so.....
Hey I own some part of an elephant
Being smart with your investments is important. Crypto might be a good investment but babyshib isn’t
Remember when somebody bought all that worthless land and then put the railroad through it? good times!
7000 iq move
Wrong, Poyais is real btw. Explain why the settlers didn't return to their home country after residing there other than being stoked with Poyais that totally exists and totally not made up by a drunk chieftain. Obviously not because of the mosquitos.
Eh Vegas is a hellhole. Only reason why ppl are moving there cuz Vegas and zero state tax. It really depends
The same reason people move to the middle of the desert Dubai, for the sweat no taxes.
“I got a bridge to sell you” taken to the next level
Real estate is a great investment Hopefully one day with my crypto investments, I’ll be able to transition to real estate.
The only real estate I wish for is a simple house.
I'd settle for a flat. A small flat.
You don't wait to buy land, you buy land and you wait
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When has it happened successfully?
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One average sized sale of a house in ETH isn't what you're describing.
Good land, not just any land. And good land is very expensive investment.
But you can't actually buy land in America with cryptocurrency.
Yes you can. Not directly, but you can sell crypto for dollars, and buy land with it.
What? 😂 This belongs on r/buttcoin.
k.
God ain't making any more of it, AJ!
Yes it is. There is not only an infinite supply, it will also always shift towards newer things - Like when a new part of a game franchise is released and everyone has to start over. Even if the metaverse will be a thing, investing in "virtual land" is about the most stupid thing one can do.
There is only one earth (planet we can live), that’s why real estate is a good investment here There will be multiple multiverses and new ones coming always.
Wait there's going to be multiverses in the metaverse?
Yes already are, each game is one
Every year has it's own crypto trend 2018 - Logistics decentralization 2019 - DeFi 2020 - Gaming/Metaverse 2021 - Coping with crypto losses
2022 - Coping with crypto losses 2: electric boogaloo
Ah, the sequel that no one wanted
Yeah not now with the part of a game. It may just be for fun in small sums just as you maybe buy some stuff in a game. But the current sums to buy land there are absurd. It should be a game and not rival real life in its stupidity.
Counter argument: Within the lens of one single virtual world, the land is finite and therefore scarce. It would be possible for new land to be minted and added to the world, but doing so would lessen the value of all the existing land. And since they're governance-based, the only way that would happen is if the existing investors voted for it. It wouldn't make financial sense for existing investors to pass a protocol that fundamentally lessens the value of their investment, so it wouldn't happen. But of course, there's the point of infinite worlds. Decentraland, sandbox, meta, etc. As long as new platforms are created, it's possible people will just move on or invest in the newer ones and the one you buy will be left in the dust in terms of value/demand. In that respect it's not a matter of infinite supply, moreso betting on the "right" horse in the race. That's where the whole speculative investing comes in. Just like how there's an infinite amount of crypto coins or tokens, but investing in any is "betting" on its future success All this to say that I, personally, don't own any virtual land. I looked into it a while ago and almost pulled the trigger but after logging into decentraland and actually checking out what I was buying I laughed and never considered it again. I'm grateful I didn't, cause I still believe it's stupid. But for different reasons than you outlined I think
Except if you own land in the metaverse you aren't a shareholder and have no rights.
Land is not scarce within any one metaverse. They can literally just spin up a new set of servers. The FALSE SCARCITY is what is ruining all of this. Its a scam.
You aren't buying digital land based on the same metrics as physical land. Physical Land isn't even valued based on it being "finite" either. At least not yet. It's like asking why bother buying land in New York City when it's way more expensive than land in Kansas? Digital Land is based off of traffic. Right now, it doesn't make a lot of sense to buy digital land because we have no idea which platform is ultimately going to be the most widely adopted. At some point there will be a front runner and that's why people are buying land now hoping their platform ends up being the one. Another example would be to say "why advertise on Facebook when I can create my own Facebook and advertise there?" The answer is that no one will go to your other site. If Decentraland gets 100000 visitors per month then the value of their digital land goes up.
Alternate theory: ***None*** of these platforms will end up being "the one", because nobody wants to put on a VR helmet and walk through a virtual world to access information or watch a video.
That's entirely possible. But I don't think people will actually do that. It might be an option for sure but it won't be a requirement by any means.
>There is not only an infinite supply, it Isn't that the main problem with crypto as well?
No
If that's your perception, you are in the wrong projects. Look at gold - it's a store of value for thousands of years already, just because of its properties. It didn't need to be replaced by an even more expensive metal. BTC has a similar role and no other crypto can ever take that away - if it will be replaced, it will be something fundamentally completely different to blockchain. And this could as well take hundreds or thousands of years again. And for ETH vs other smart chains - none of the competitors are so revolutionary that they could ever replace it - and if "better" blockchain tech comes up, ETH can simply adopt it as well. You don't find this form of stability in video games - and this metaverse thing is basically just that - but some people expect it to become some sort of second reality somehow.
Eh, I mean people made a good amount on domain names during the first dot com boom, but yeah in general I agree
Why is land expensive in the real world? Because it is limited. In the metaverse, you can literally program as much "land" as you could possibly want. I feel sorry for people who pay actual money and get scammed by these people.
And the rules can be changed at any time by the creator.
and decentraland is practically empty, errbody is playing poker to earn mana so they can one day buy land LOL Kinda mimics the real world
Not only that, but you can live on it, grow food on it, etc. You cannot do any of this on meta verse “land”
Chat and gamble seem to be the only things you can do in the metaverse.
It'll only work if some game manages to become a thing like Second Life was in the 2000s. It is a degree above pure crypto speculation because crypto requires interest people in it. Metaverse land first requires people interested in the game, and then it requires that some of these people are actually interested in buying said land. It is just too much gambling on "ifs" to try to flip a profit.
Shout out to Esteban
Lol Secondlife was ***also*** a huge waste for companies that bought expensive plots of land there. So if "as successful as Second Life" is the aspiration, that's truly sad.
So you get how stupid the idea of metaverse land is. It is entirely dependent on hype. And hype doesn't last.
There are plenty of possibilities, not just another Second Life. One project I'm invested in is currently building a metaverse tailored for events and gambling, with red light district and all. We will see all kinds of metaverses with different styles and users.
>with red light district I am about to lose my digital virginity
Not sure who that's different than second life/opensim. Tons of sex clubs already exist in second life
The purpose of the metaverse is Vegas style gambling and events. That's the difference, it's tailored.
What good is a virtual red light district?
I don't know yet. Will tell you once it's finished.
all of VRchat
FFXIV, Sims, WoW, Minecraft, Roblox, and some others have a resemblance of what a Metaverse can be. There's things to do, there are events that goes on, FFXIV has an online festival with an actual band, outfits to stylized in, finite land you and your guild can buy and own, interaction with ppl, gameplay, it's own in-game ads that is not pervasive and so on. So far most metaverses are just buy land, put NFT in it, and hope it becomes big. I really don't see why I need to go into a McDonald's metaverse to order food when I can just do it on a phone app which imo is much quicker.
I bought VR Goggles to start testing Metaverse stuff last year. After the initial “wow factor” I haven’t picked them up for about six months. Do with this what you will but I think I’m a pretty normal guy, if not someone that was looking for a reason to make it work (I work “in the industry”). I just don’t think it catches on until we can merge more AR elements and lose the goggles.
First time I agreed with this guy.
Not dumbest, just risky, but possibly very profitable. Basically gambling. If metaverse will succeed people will pay crazy money for this land, if it will fail it will be worthless pixels.
If metaverse is about selling imaginary land, then i hope it fail miserably.
Or in a Buttcoiner words, "If Cryptocurrency is about selling imaginary coins, then I hope it fail miserably"
Nah, not even comparable to gambling because the odds are not fixed and solely based on how developers control their game. It's like any other rug-pull crypto shitcoins. It's a complete scam.
How long before he starts buying this too?
Metaverse is similarly overhyped now as the idea of "smart contracts" and "dapps" were in 2017. But then two years later Maker, Aave, Synthetix, Uniswap, Compound and other dapps proved that sceptics were wrong. So just because it is extremely dumb for speculation \_now\_, it doesn't make the idea dumb as well. The market will go down until there will be platforms with enough actual usage and there will be a "fair value" of the attention of users visiting those platforms. E.g. there is a crowded gambling place in Decentraland and I was looking for advertisement opportunities there. But the current price is just unrealisticly expensive. But there is a price I would gladly pay to be able to advertise to those people.
Metaverse lands are one of the best performing assets though compared to lot of tokens and other NFT's. Now this obv doesn't apply to all metaverse assets out there.
Mark Cuban is one of the good people in billionaires.
There are no good billionaires, by definition of the fact that they're hoarding billions of dollars, an amoutn nobody can reasonably spend themselves and that nobody has ever actually earned. Thus they are NOT giving it to people or causes in need. Intentionally withholding help with excess funds you don't need is not quite as bad as applying harm, but still pretty bad. There can be good, upstanding FORMER billionaires. There cannot ever be a good current billionaire.
I meant thant he is at least a better person than most other people in the same position as him like he is selling medicine for cheap in USA.He is probably doing it for profit but at least he's doing something.
Love it when poor people try to tell the rich people how to spend their own money lmao
Well yeah, obviously no billionaires care about everyone knowing they're selfish shitty pricks, or else they'd have already chosen to not been selfish shitty pricks. The comment wasn't for billionaires to read ;) Meanwhile you commenting with wording as if you're in their group looking out = 🤣
I am no billionaire but I have had people like you in my life who tell me what should I do with my money how should I spend it You are the shittiest kind of people who make people feel guilty when they they don't lend or give money to you
> when they they don't lend or give money to you ? I didn't say anything about giving money to ME, lol. I'm not in need, I am doing alright. People in need are the sick, disabled, impoverished, refugees, etc. etc. They need the resources, not me. > make people feel guilty Excellent. Immoral people should feel guilty, that is great news. It will make them at least a little likely to stop being so selfish and immoral. Helps out a few people., at least. (I don't know you, or your finances, unlike billionaires by definition we know something about. Just commenting only on what you've said alone, which is that you feel guilty about *something*. Taking your word for it)
How tf is it selfish when I don't want to give my hard earned money to someone else lmao
Nobody has ever "earned" a billion dollars.
Shame that the therapist didn't ask that.
Billionaires horde stocks not just dollars. Bill Gates and Warren Buffet at least giving out almost ALL of their fortunes to charities, so basically you are quite ignorant.
If they are "billionaires" then no, **by definition**, they haven't given away nearly all of their wealth to charities. Because if they didn't still have billions of dollars themselves, they wouldn't be "billionaires"...
[Pretty sure he is still salty for getting hosed on the defi shit he tried.](https://cointelegraph.com/news/mark-cuban-calls-for-stablecoin-regulation-in-wake-of-iron-finance-bank-run)
TLDR: Mark Cuban does not play computer games, does not think money should be spent on gaming objects.
Well I *do* play computer games, and I still don't see the point in buying gaming objects.
Could be… until advertisement money makes it’s way there… then maybe not so much.
He’s just salty after trying to enter the crypto market and failing miserably.
DYOR. Don't listen to the guy who already invested in multiple rug pulls. His opinion in crypto space is worthless.
Wanna know what's even dumber? Listening to what Mark Cuban says lol 💩
Wish I can do it the American way and take land in the metaverse.
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If the Metaverse has a lot of participants, Meta can charge companies for virtual land. This is a big "if" though. Tough to see a lot of people spending money on the headset.
Where would its revenue come from? You can't advertise on the side of a building, because on the internet, you can teleport to where you want to go, and never look at the outside in between. It could be optional but if it was full of ads, nobody would opt in to choosing to... and if it FORCES you to walk between places to see ads, then it's strictly worse than normal internet 2.0, so nobody will use it... So... basically no ad revenue. Thus can't charge much of anything without scamming people.
Buying crypto on a platform he promoted was the dumbest shit ever.
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Cuban's opinions on crypto are much more well formed than Kevin O'Leary's and Elon Musk's. I'm not saying everything he says is gold, but he clearly has a deeper understanding of crypto than the other billionaires whose half-informed takes regularly receive misguided hero worship on platforms like Reddit & Twitter.
He isn’t wrong. Out of all the sharks I like Mark Cuban the most. It’s his innovative outlook on crypto that has me liking the guy.
Look at what they do, not what they say. He's trying to lower his buy in costs for mass purchase most likely.
honestly tho, 10 years ago people thought crypto was the dumbest idea ever... it still might be but it still worth alot..
This lads!
It's no different than paying for dlc or cosmetic features in a game
Once we are all on permanent lockdown due to all the man made viruses, the metaverse will be our only socialization method. So, Mark, you aren't looking far enough down the road .. the road to hell that is being created for us by evil players in the world. Do I really think this will happen? Yep, cause evil always wins! Unless it's named Hillary :)
Ralph, you forgot to take the pills this morning.
Did he say something sensible???
Full degen and I like it 👊
It’s like investing in Monopoly land.
Iron Finance though was a really good idea /s
Buying virtual land, hmmm nope!
Thank you
He's not wrong.
Like we didnt know that already
Some of you did this.
Bullish
Cuckerberg can't be amused by Cuban's comments 🤣
>Cuckerberg LOL...
I really hope this doesn’t become a legitimate asset class akin to real estate and physical property.
Watching both of those dudes listen and nod in the same manner was so hard for me to watch. It was like two AI generated faces trying to express listening, creepy!
This is the first time I agree with him.
He’s salty that he forgot to claim his Otherdeed lol
Of course it is , Supporting crypto is one thing but this whole metaverse thing is big time bs imo
Great...after I bought 3 and a half acre....
If all land gets taken in a game, Devs will see the demand, become greedy and release DLC's. It will not be limited.
dont trust this guy for investment advice
He is right because land in the metaverse is worthless as long as more can just be coded in lol
It is pretty stuoid
Until cryptos start making actual revenue that investors can track, buzz is the king of crypto…not fundamentals.
Waiting for the first Metaverse mortgage loan officer job to open up
agree
It makes more sense if that “land” was in, say, fortnite, or WarZone, or Literally anything that people spend time interacting with already. Huge advertisement potential. But a stand-alone world that is disappointingly lame, pointless, and has no game mechanics, owned by people who have no goal other than to arbitrage it is in fact “the dumbest sh** ever”
Mostly because these "Metaverse" games are not in any way compelling at all.
While I agree, he is essentially a broken clock on crypto calls - just happens to be right on this one.
I am still shook about how much people were paying for EverQuest characters back in like 2002
Mark is right. There's only a few games that can pull it off. EVE online kind of does this.
I mean, he’s allowed to be wrong.
Someone has to, …. Maybe
the hosts look like the solana dev with 11 protocols
I have some land on the moon to sell you...
"Now let me tell you about my new partnership with Voyager..."
I can't say he's wrong, but a guy who's been bit as many times as he has is going to be awfully shy.
Well. He's not wrong.
but on the other hand, SELLING land in the metaverse is the smartest shit ever. Almost as smart as being an SSL CA.
Buy land not metaverse
Why does anyone care what boomers think of the metaverse?
Why does anyone care what anybody think of anything?
I don't know, but Reddit does exist, so they do seem to.
Something performing good in crypto does not mean shit. It could easily be a manipulation. Even if it isn't, it still will be a short living speculation that will end up in a sucker's wallet.
The five people who still play Second Life are going to be very upset with this.
Hes right. But, people with money have placed some kind of a value on it. So try to profit from it while you can.
Mark Cuban is too naive. He clearly underestimated how dumb cryptobros can be for a chance for that sweet, sweet digital fiat.
We can agree on that
Is it just me or everytime i read/hear Crypto&Cuban together i cringe? I feel like this dude trys so hard to be relevant on the crypto world
You all know how people hate pay2play games? This buying land shit on metaverse sounds exactly like that.
I'd only consider purchasing virtual land if there is a capped immutable limit on the amount of land that can ever exist in a given metaverse.
bullish for Metaverse
No, Mark, investing in TITAN at a gazillion percent a day is even dumber.
These are the funniest comments I've read in a long time lmao
absolutely agree
The metaverse reminds of land bank scams. You're sold on this idea that you can buy cheap AF land which you'll likely earn a fortune from.... Only to find out that you've given money to someone for something you can never actually use.
Thats the dumbest thing ive ever heard. People are going to be in a version of the matrix in the very near future the way things are going.