Facebook’s “Metaverse” Plans Are Met With Optimism And Contempt From Cryptocurrency Fans

cryptoshitcompra.com/wp-content/uploads/2021/07/Los-planes-del-Metaverso-de-Facebook-se-encuentran-con-el.jpg »alt =» Plans «Metaverse» di Facebook incontrano l’ottimo e il disprezzo dei fan di Crypto 101 ″ class = »content-img» /> Mark Zuckerberg. Source: video screenshot, Youtube, CNBC Television

Facebook founder Mark Zuckerberg has made public his ambitions to turn his social media giant into a “meta-reverse company”, a move that could affect the company’s Diem stablecoin plans.

In an interview with Verge, Zuckerberg stated that “a good vision for the metaverse is not one that builds a specific company,” but rather one that has a “sense of interoperability and portability.”

metaverse is explained as a collective shared virtual space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, which includes the sum of all virtual worlds, augmented reality, and the Internet.

Zuckerberg said:

“You have your avatar and your digital assets and you want to be able to teleport anywhere. You don’t want to get stuck inside the stuff of a company. […] I think for this to work really well, it needs to be very portable and interconnected.

He added that it envisaged an ’embedded Internet’, which was not managed centrally, but was managed by several different actors in a ‘decentralized’ way.

For Business Insider, a Facebook spokesperson, said that Zuckerberg “did not believe that the metaverse was something that a company could build or execute on its own.” Instead, the spokesperson noted that “it is a collaborative movement that must consider developers and creator communities to be successful.”

Proponents of the Metaverse have long speculated about the kind of role that cryptocurrencies, gaming currencies, other digital tokens, blockchain technology, and non-fungible tokens (NFTs) could play in the future development of the space.

Also Read Bitcoin Miners Meet With Texas Oil And Gas Executives To Talk About Energy

And while global regulators have already forced Facebook and its partners Diem (formerly Libra) to ditch their broader global stablecoin plans in favor of a scaled-down version, the social media giant may already be looking for a new prize, as the architects of the metaverse search for a dominant digital currency to use in space.

On Reddit r / CryptoCurrency sub, some expressed doubts, with a joke that Facebook was becoming irrelevant as it was now largely populated by ‘toxic boomers yelling at each other’.

Another claimed that the metaverse offering would “eventually fail” as “the next generation of the Internet will not work on Facebook.”

But not everyone was against it. One Redditor stated that Facebook “has the best developers in the world and the largest team in the world working on [virtual reality] by far”, adding:

“y are so far ahead of the game that I have no doubt that they will control the first major major metaverse and have exclusive deals with their own pockets.” [with musicians and movie-makers]. «

Meanwhile, in, Miko Matsumura, founder of Evercoin cryptocurrency exchange and a general partner at Gumi’s Crypto Capital , also urged caution.

A positive-minded cryptocurrency enthusiast claimed that the move was inevitably a ‘big problem’ for the world of NFTs, Ethereum’s blockchain protocol on which most NFTs and ‘cryptocurrencies in general are launched. ».

But Matsumura wrote him in response that “there is no ‘ Metaverse’ I want to deal with.”

He has stated:

“A single monolithic metaverse means a monopolist. We want a multiverse. A single metaverse is an impediment to human freedom. We need alternative places to take refuge if the ‘principal’ turns out to be a scam ‘.

___ To find out more: – Facebook to boost payments ahead of Diem’s ‚Äč‚Äčlaunch – Will Facebook’s Mark Zuckerberg kill or save Bitcoin (the goat)?

– 3 Reasons Facebook Should Buy and Hold Bitcoin – Why is this startup that believes in Bitcoin betting on Facebook’s Diem?

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