I have been thinking about this for sometimes.
If the metaverse becomes a reality, what will be the significant roles of crypto in its economy?
If crypto such as bitcoin, Mana, Sand are used as means of transaction in the metaverse what will be the reaction of the government?
Bitcoin's main use case for about 4 years now has been an easy way to trade altcoins. Sadly, this is what has become of it. The Lightning network is a poor substitute for Bitcoin in my opinion, but it could be the technology needed for Bitcoin to have a metaverse presence as well as a way to trade NFTs with much cheaper fees than some of the more popular networks. The problem is that development tools and hubs of communication are few and far between, along with the toxic Bitcoin maximalist attitude that Bitcoin will retain it's first mover advantage forever even if nobody is using anymore. Hopefully time will weed out the toxic attitude, as massive altcoin outperformance of Bitcoin hasn't. Honestly, I think if it wasn't for Tesla and MicroStrategy I think the ETH/BTC flippening would be much closer than it is to happening, and am concerned that a handful of entities is really all that is stopping this phenomenon currently as every new entrant in the crypto space I've met in the last 4 years has a much larger altcoin portfolio than exposure to Bitcoin (if any at all).
https://www.blockchaincenter.net/flippening/I would have to agree with most of this assessment. But going by that same logic, any successful altcoin will pull the value of Bitcoin up into the air more and more. So its not really that much of a bad thing if you think about it. Also, its main value is really just being the gold standard. Its much more trustworthy than any altcoin and that confidence inspires investors to buy Bitcoin.
That being said, I see absolutely no future for Meta as it is now. There is absolutely nothing special about it aside from its amazing marketing budget...
Bitcoin is number 1 and will stay number 1. Why? Because its the new gold standard.