While the editor remains optimistic about the future of cryptocurrency, they believe that crypto-based metaverse projects such as Decentraland and the Sandbox are doomed to fail. Decentraland currently has fewer than 500 users, and even Facebook's Meta project has not been successful in attracting users.
However, the editor believes that Apple's new Vision Pro headset and operating system could be a game-changer for the metaverse. With Apple's track record of successfully introducing revolutionary technology and attracting developers, they may be able to succeed where others have failed.
Nonetheless, the editor remains skeptical about the appeal of the metaverse to the general public and believes that many people would prefer real-world activities over sitting alone with a device strapped to their face. In other news, Circle has hired Heath Tarbert, a former chair of the CFTC, as its chief legal officer, while Coinbase's CEO has stated that the company has no plans to delist the 13 assets labeled as securities by the SEC. Senator Elizabeth Warren has also asked the Justice Department to investigate whether Binance lied to lawmakers over its corporate structure and other matters.
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