So nike bought a company that makes digital sneakers for the hyped up metaverse

Discussion in 'Wall St. News' started by S2007S, Dec 14, 2021.

  1. Bugsy

    Bugsy

    Corporate marketing is a trillion dollar industry for a reason. They will make it real in people's minds and those people will buy that because they are convinced they need it.
     
    #11     Dec 14, 2021
    Nobert likes this.
  2. Nobert

    Nobert

    #12     Dec 14, 2021
    Bugsy likes this.
  3. ElCubano

    ElCubano

    We are pretty much living those lives now. Social media, gaming, reality shows, crypto currency etc. Concepts that would have been laughed at 30 years ago are a part of reality now. Metaverse will probably be no different. To me the concept of living in a matrix might sound ridiculous but to a young person who didn’t grow up playing stickball with a broom stick outdoors after school it might be heaven.
     
    #13     Dec 14, 2021
    SteveM likes this.
  4. NoahA

    NoahA

    This point is very true, and I always think about what I'm missing with regards to the metaverse because I also fail to understand how someone will want to live their entire life in a virtual world. (please at least lets all agree that food has to be real! LOL)

    But this also makes me think of a recent Jeff Booth video I saw where he talks about how technology should lead to a deflationary world since technology will be able to provide so much stuff for next to nothing. In this fashion, maybe young kids can spend their whole lives doing nothing and simply live off the system. But the point he makes is the current debt based system doesn't allow for deflation. So you have technology, which should be deflationary, at odds with the current inflationary system. How it all plays out is anyone's guess, but his key points certainly do seem to be playing out.
     
    #14     Dec 14, 2021
    Nobert likes this.
  5. S2007S

    S2007S


    Second life I remember was supposed to be the biggest movement in history when it was coming about, as you can see it was nothing but a few headlines here and there and then completely forgotten about by the masses.
     
    #15     Dec 15, 2021
  6. S2007S

    S2007S


    They need to keep the asset bubble going so they are now creating hype behind another asset class, NFTs . You believe this garbage hype, fine by me, go spend your money on an this bubble NFTs and try your best to sell it to the next dumb fool, it's called fear of missing out and that's why this fad has taken over the last year.
     
    #16     Dec 15, 2021
  7. TazTheLaz

    TazTheLaz

    #17     Dec 15, 2021
  8. Tokenz

    Tokenz

    There is no "fear of missing out" by me since I am an NFT producer. NFTs are already a big hit, not just by me but by millions of new age investors. There's money in it, so get over it.
     
    #18     Dec 15, 2021
    GangstaTrada and Trader Curt like this.
  9. Again long as you can afford to miss the money it's worth a punt. Going full APE into it is where people get burnt.
     
    #19     Dec 15, 2021
    Tokenz and Bugsy like this.
  10. Axon

    Axon

    No matter how stupid I think some new trend is I have to remember the adage "a real trader will make a market on anything." I don't care if it's Non-fungible snail shit, point me to an exchange and I'll bring a bucket.
     
    #20     Dec 18, 2021
    Tokenz likes this.