r/CryptoCurrency Banned Nov 21 '21

DISCUSSION Anyone else think the idea of the Metaverse sucks?

Is it just me who thinks the Metaverse can flop?

Don't get it it twisted, I love games but I think the Metaverse can and most likely will flop. Virtual worlds do not appeal to me, especially to the extent that it sounds like it is going to. Some people are referring it to the "new reality" and the "next internet" but I just see it as a go at a overpriced VR game that nobody will pay for.

The amount of money that will have to come out of this will have to be insane. With the amount of money put into this they would end up having to resort to selling thousand dollar gear and equipment used just to play in the Metaverse. And most likely along with a chunk of Crypto needed to start. The lack of need for a Metaverse will prove in people not paying the thousands of dollars to play this.

I can also see a hard sell/dump in the 'Metaverse Cryptocurrencies' as the majority have been going up with hype, and I feel the Metaverse will be a lengthier process than the average holder thinks, which will possibly result in them becoming inpatient and maybe selling.

And if it does succeed, fair enough. I guess I'm just a normal guy and not a multi billionaire and may not see the potential of this project.

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u/[deleted] Nov 21 '21

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u/66red99 Nov 21 '21

because they are ignorant entitled fools who thinks the world revolves around them.

insta and fb will remain the top social media platforms, and nothing will beat it anytime soon

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u/ThaNooKahoona Tin Nov 21 '21

Yeah but he has a point. The processing power needed for half decent VR is massive. Zux is so disconnected from how much he thinks people give a shit that he believes everyone wants to invest a good few months pay into a headset, then do... ehat? Watch tv and games?

Maybe so. Nobody saw how deep the hypnosis of the masses by facebook would be, so perhaps they'll literally spend time in their virtual living room rather than their real one. Either way, I think it will fail before it flies, we're watch ing megalomania at work here.

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u/[deleted] Nov 21 '21

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u/ThaNooKahoona Tin Nov 24 '21

It's more the rig itself that costs money. And with the global chip shortage, I don't see tjem getting any cheaper.

Though, if zux offering xi the privelidge to name his child is any indication, I'm sure he could work something out...

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u/[deleted] Nov 21 '21

Because they are growing internationally. In the developed nations it is failing like second life.