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🗓️ 16 February 2022
⏱️ 7 minutes
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0:00.0 | So now the timing and risk tolerance involved and investing in the metaverse in a variety of |
0:04.4 | different aspects of the metaverse will provide extraordinary opportunity in 2022 but even more |
0:10.7 | importantly for lifetimes to come. This is the flavor. Let's talk about the metaverse real quick |
0:18.3 | because the metaverse was reported by Grayscale to be a $1 trillion opportunity in 2022, right? |
0:25.9 | What are your thoughts on that? Were you kind of see the opportunity with the metaverse? |
0:30.8 | $1 trillion there. I want to know in your words and kind of take your brain about it. |
0:38.1 | What are your thoughts on the $1 trillion opportunity there? And how do you think you could |
0:43.8 | kind of use this opportunity to help your goal of empowering one billion people? |
0:49.5 | Great question. So I've lived through and got involved when I graduated law school in Web 1.0. |
0:55.6 | When people, including my mom, told me as I graduated law school and wasn't a real lawyer, |
1:00.7 | she made me take the bar because she said the internet was a fad and that I would lose everything. |
1:06.2 | And meanwhile, it became a millionaire nine months out of law school, multi-millionaire running |
1:10.4 | save Samsung's phone division by 30, running the most notable sports agency in the world through |
1:16.2 | 2.0 where we still had people laughing at us, scoffing at us and making fun of us. And so I've |
1:22.8 | utilized, as I'm a little bit older and more experienced than most people that are dealing in the |
1:27.2 | metaverse, I utilize a keen sense of three different things and why I think it's an underestimation |
1:33.6 | of a trillion dollars in 2022 is that if you look at the market, if you look at the market makers, |
1:41.6 | and you look at the margins, you'll see historically the way that human nature applies to |
1:48.4 | as synergistic and supplementary to those three facets that determine what the opportunity |
1:54.4 | economically is. And so if you look at human nature and how synergistically and supplementary |
2:00.7 | supports the metaverse according to the three components that are monetizable, which are markets, |
2:06.8 | market makers and margins. If you look at those three, there is a huge alignment that is occurring |
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