BREAKDOWN: Everything You Need to Know About Facebook’s ‘Meta’ Metaverse Play
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 29 October 2021
⏱️ 19 minutes
🧾️ Download transcript
Summary
Massive validation of Web 3 builders or a dictatorship in the making?
This episode is sponsored by NYDIG.
Facebook announced yesterday it is changing its corporate name to Meta. The name change reflects the company’s growing focus on virtual reality, augmented reality and a new version of the internet that people are calling the metaverse. In this episode, NLW looks at the reactions to the news, from those who think it represents a huge mainstreaming opportunity for crypto and non-fungible tokens to those who see it as potentially devastating for the future of the internet.
-
NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
-
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: David Paul Morris/Bloomberg/Getty Images, modified by CoinDesk.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
| 0:05.8 | of a button. |
| 0:07.0 | Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths |
| 0:11.8 | solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville. |
| 0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
| 0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
| 0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
| 0:34.4 | that transport you from the very first word, because the next great |
| 0:38.2 | adventure is just a listener way. |
| 0:40.8 | Start your free 30-day trial at audible.com slash Wondery UK. |
| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:53.9 | Welcome back to The Breakdown with me, NLW. |
| 0:59.0 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:06.0 | The breakdown is sponsored by Nidig and produced and distributed by CoinDes. |
| 1:12.4 | What's going on, guys? It is Friday, October 29th, and you know we are discussing Facebook's |
| 1:18.2 | metaverse play today. We've known for a while that Mark Zuckerberg is super interested in the |
| 1:23.5 | idea of the metaverse and what comes next on the internet. And last week, we started to hear |
| 1:28.0 | rumors that Facebook was in fact going to change its corporate name. Some of the rumors, by the way, |
| 1:33.6 | of what they were going to change their name to were stupendously stupid. But here we are a week |
| 1:38.2 | later, and it actually happened. The announcement came yesterday at Facebook Connect, and basically |
| 1:44.1 | Facebook is doing the Google |
| 1:45.6 | Alphabet rebrand thing. The corporate entity will be known now as meta, appropriately, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.