The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about bitcoin on numerous occasions and even more so these days as the crypto asset crossed its all-time price high. After the Proshares exchange-traded fund (ETF) launched on the New York Stock Exchange (NYSE), Pool asked his 897,700 Twitter followers if they thought bitcoin would hit $200K.
Tim Pool ‘Feels Bad’ for People Dismissing Bitcoin
Tim Pool is a well known person on various social media channels due to the work he’s done as a journalist, show host, and commentator. When it comes to living in these modern times, Pool always has something to say in order to spark meaningful debate. Pool is a former member of Vice Media and in 2014 he also participated in Fusion TV.
So, I noticed most of these companies, boycotting Facebook, are the same companies that have changed their business trademarked logo to a gay pride logo this June.
Just saying, because when I read this to be about “hate speech”, I had feeling what this was truly about and so I had to look into it.
I see that they’re putting “race” and things like “gender identity” and “sexual orientation” into the same category. Yikes…
So, I understand racism, but… hate speech?
From my research, I’m seeing a strategy, people are using, by calling something “hate speech”, which then allows them to condemn what was spoken.
Meta said the VR demos would be projected on a large LED screen in the store for others to see.
“The Meta Store is going to help people make that connection to how our products can be the gateway to the metaverse in the future,” Martin Gilliard, the head of the Meta Store, said in the post.
Meta is the newest tech company to open a retail store to to engage the public and offer it’s physical products for sale. Last year, Google opened one store in New York to test the retail market.
Applehas long been a major player in the retail market, with it’s stores providing a large part of its core business.
Microsoft, however, has not had as much success with the retail. The tech company closed all of its 83 stores in 2020.
The company reconfigured a handful of locations to offer product learning and experiences where they started selling some products in 2021.
In his introduction, emphasising our moves forward in tech, Ball writes ‘Throughout [the summer of 2021], competing efforts from billionaires Richard Branson, Elon Musk, and Jeff Bezos were under way to bring civilian travel to lower orbit and usher in an era of space elevators and interplanetary colonisation’ – unless intended ironically, given the trivial nature of that civilian travel, the mention of space elevators rings alarm bells for promising far more than can actually physically be delivered.
The other big problem is that although Ball recognises some of the drawbacks and limitations of the metaverse, he doesn’t really address these, but rather dismisses them pretty much out of hand. For instance, having mentioned the benefits of video calls during the pandemic, he claims without any evidence that a virtual meeting in the metaverse is more effective.
What he’s describing is something more like a three-dimensional visual internet. I say visual, but just as quite a lot of the current internet is not visual, even though we tend to think of elements like web pages and streaming video, similarly Ball’s metaverse would have plenty of non-visual components – it’s just the 3D visual environment is a key aspect of what makes it next generation.
One of my biggest bugbears with virtual reality (VR) is the need for clumsy headsets – I’m not convinced they will ever become mainstream outside of gaming. Apart from anything else, when I sit at my desk with a couple of conventional screens in front of me, or use my phone, I’m also interfacing with the real world – I can see the birds outside the window, the delivery van arriving and pick up my coffee without spilling it down my shirt because I can’t see it.
Renowned brands like Paris Hilton, PwC, Nike, Forever 21, Gucci, Ralph Lauren and so on have stepped into the metaverse to tap into a larger audience-base.
Watch the video to know more examples of Metaverse platforms!
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My mental picture of the metaverse was primarily an enhanced Second Life, and I think a lot of people see it that way (including some of the big online companies) – but Ball’s vision is of something distictly different.
He gives us a picture of a metaverse that, like the internet is universal, not the property of a single company. Everything within it shares standards (again, like the internet) so, for example, an avatar from one company’s part of the metaverse can be transferred to another, just as we can move a JPEG picture from, say, Facebook to a Microsoft app.
He also envisages having good, real-time rendered 3D worlds that are synchronous (i.e.
But for me, the huge benefit of a video meeting over a phone call is seeing people’s faces and body language. A set of metaverse avatars around a virtual meeting table gives no more real visual feedback than the phone call.
Admittedly Ball suggests that in the future they might fully reflect your actual facial expressions, but is that likely in any reasonable timescale? And if it is, it would surely also be possible for the avatar to be AI controlled to fake facial expressions – you have no idea if what you see is real. Ball lets his enthusiasm overcome sensible logic sometimes.
By the end of the book, I could see how different Ball’s vision of the metaverse as a revolutionary next-generation internet was from silly little virtual reality meetings or kids’ games like Minecraft.
But I also understand the vast issues that need to be overcome, which Ball outlines so well.
As bitcoin smashed through its previous all-time price high captured in April, on October 20 Pool said he believes a single BTC could be worth a million dollars. People still sh** on bitcoin and I feel bad for them,” Pool tweeted. “A local guy out here told me he just became a millionaire off his investment, bought in several years ago and forgot about it.” The popular Youtuber added:
It’s the rise of a new financial technology and I believe 1 BTC will eventually be equivalent to $1M.
Youtube Host Thinks Cryptocurrency ‘Is a Positive Force’
On September 21, Pool’s show featured author Matt Palumbo and the Youtuber discussed cryptocurrencies at great length.
The activist is also well known for his live-streamed recordings of the 2011 Occupy Wall Street protests in 2011.
These days, Pool hosts a Youtube show and podcast called “Timcast IRL” and he discusses things like politics, government, finance, specific people making headlines and a number of other subjects society deals with every day. In Pool’slast Youtube video, he discussed the buckling supply chain that’s been hurting the American and global economy.
Pool has a lot of fans because he adheres to being objective when he reports, which is something the public accuses mainstream media of abandoning.
Pool is also a fan of the leading crypto asset bitcoin (BTC) and has mentioned it on several occasions. Last year in October, Pooldiscussedbitcoin alongside the ‘Great Reset’ subject as well.
There are also the problems that many still don’t have access to fibre optic internet connections, especially outside of the US (this is a very US-oriented book), which are necessary for fast enough data transfer – and even our best servers simply can’t store and deliver the sheer quantity of data required at fast enough speeds to make the metaverse feel synchronous and persistent. It would require a huge amount of effort and money – and there is little evidence that the current big internet companies play well enough together to even consider making it happen.
I like the way Ball gives us insights into a lot of the technical issues and the technical solutions (mostly) games manufacturers use to get around those issues (sadly, in ways that probably won’t work for the metaverse).