philip lelyveld The world of entertainment technology

11Dec/18Off

Cryptocurrency To Gain Massive Adoption In VR, Coinbase CEO Predicts

Cryptocurrency-to-Gain-Massive-Adoption-in-VR-Coinbase-CEO-Predicts[Philip Lelyveld comment: we've seen this for years with in-game economies.  The question is whether demand for cross-game and cross-experience economies will develop.]

Innovations in cryptocurrency market will in the near future, challenge traditional banking and finance systems, and bring virtual reality to either change or oust the status quo in this area.

It will most likely do this by becoming the preferred currency in virtual reality. That is the hypothesis and thought of Brian Armstrong, founder of Coinbase in his new blog titled Digital Currency Could Be Widely Used in VR.

In other words, when people trade in virtual worlds, it will no longer be fashionable- or perhaps even rude- to rely on or use the currency of one country. Digital currency at that material time will then become the currency that will be used in these virtual spaces.

See the full story here: https://bitcoinexchangeguide.com/coinbase-ceo-predicts-virtual-reality-to-be-a-major-cryptocurrency-adoption-booster/

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