With Saudi Arabia signaling they will go heavier into crypto, the real question is HOW BIG? Also, crypto gaming on Cardano and use ANY crypto to play (no bridges!) Plus, Ray Dalio likes Gold and his reasons behind it.
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Another Superpower Country Goes Big into Crypto. Gaming Next.
In the past few years, cryptocurrencies have experienced immense growth, with Bitcoin reaching an all-time high of over $64,000 in April 2021. Along with this growth, many countries have also started to embrace cryptocurrencies, recognizing their potential as a means of payment and investment. One of the latest superpower countries to step into the field of cryptocurrencies is Russia.
Russia has always been somewhat of a skeptic when it comes to cryptocurrencies, with President Putin famously stating that he views Bitcoin as a tool for money laundering and other criminal activities. However, over the past year, Russia has taken significant steps towards embracing cryptocurrencies.
In May 2021, the Central Bank of Russia revealed its plans to launch a digital ruble. This digital currency would effectively function as a digital version of the Russian ruble, providing an alternative means of payment for individuals and businesses.
Furthermore, in June 2021, the Russian government enacted a new law that legalized cryptocurrency trading and mining in the country. This law allows individuals and companies to legally trade and mine cryptocurrencies, giving the industry a much-needed boost in the country.
With these initiatives in place, Russia is ready to take its crypto game to the next level. According to reports, the country’s next big move will be to integrate cryptocurrencies into the gaming industry.
The gaming industry is one of the most lucrative industries in the world, with a projected market value of $200 billion by 2023. Crypto gaming, which involves integrating cryptocurrencies into the gaming experience, has been gaining significant popularity in recent years.
Russia seems to understand the potential of such an alliance and is reportedly considering developing its own cryptocurrency-based gaming platform. This platform would not only provide gamers with an enhanced gaming experience but also enable them to earn cryptocurrencies as rewards.
This move could be a significant boon for the cryptocurrency industry in Russia, as it would provide a new means of adoption for crypto assets in the country. Additionally, it would offer gamers an innovative and immersive gaming experience, one that could attract a significant following.
The future of cryptocurrencies and the gaming industry seems to be intertwined, with both industries poised for significant growth in the coming years. If Russia’s plans come to fruition, crypto gaming could soon become a massive industry in the country, providing significant benefits for both the gaming community and the crypto industry as a whole.
I use DexWallet (DWT)
I’m not a friend of Metamask.
"Hugest…"? it isn't a comparison word. Largest is a comparison word. Sheesh…
Dalio is not the friend of the 99%
"Heroes of Mavia" is AAA Blockchain Clash of Clans.
Metabourne one is a mooonshoot potential right now. Metaverse VR gaming and crypto offer a unique opportunity to invest in a nascent industry with huge potential for growth.
I will retire after this, Metabourne one finally launching today. Mark my words 1000x gains expected!. The growth of metaverse VR gaming and crypto industries can help to drive economic growth and job creation.
Has someone had an alternative to using this evil wallet aka metamask?
Cardano is the best, you know it, just don't say it because of everyone's fanaticism!!! They do what they do in sports also in crypto, it's crazy, people are just dumb!! Anyway… you gotta check Cardano Warriors.. the team is brazillian and the game reminds me of pokemon in it's Dino days! Cheers mate
Rabby wallet works much better than Metamask
I stopped using swetcoing in 2019. I take no less than 10k steps a day because of my job in a 30,000sq ft warehouse
Not a perfect replacement, but for mobile especially I use the Brave wallet. Often works where metamask works, is smooth and easy to switch between multiple wallets. It's integrated into the brave browser. And works for all EVM chains and Solana.
It also supposedly has less hacking risk than extension based wallets, but I don't know much about how that works.
Gaming might be big but games that make a lot of money is really predatory in nature and I don't see this is a good future. There shouldn't be a lot of money in games. Games that bring in a lot of money are really not good games that do good things for people who play them. They are usually riddled with loot boxes and micro transactions and really prey on the human psyche to get people to shill out as much money as possible. This is not a positive direction for the gaming industry in it self. And you can argue all you want that it is good for e-sports but that is such a minuscule portion of gaming.
Great video, Rob! And nice way of closing off with the question of what money is.
Move on from Cardano, it's going nowhere. Haskell…spread the word. Most retail have no idea why smart money won't invest.
Sheep use those CBDCs and get ur boosters
I love sweatcoin
Cornucopias is the future. A standard all will have to follow
The real problem we're having right now is that, apart from Europe who hopefully will adopt MIKA in a pro crypto form, there are mostly totalitarian countries of friendly to totalitarian countries states that are investing heavy into crypto. "If" we're going into a multipolar world, will we want at that point to feed the enemy? The only solution is for US and EU to outbid the totalitarian zone for the crypto space. Until then…the situation is FUBAR.
Rob GETS it
Nice one Rob… I’ve just move to Riyadh Saudi… for work… CEER Motors.. Saudi first national automotive company. We will be producing saudis first EV. Part of their vision 2030 program.
Gaming market is huge, crypto gaming market is joke at best and scam at worst.
Don’t sleep on the Bat Cowls (batman nft), nft gaming is coming and so is DC and WB. Palm blockchain and microsoft are partners and already developing
Nakamoto Games has the biggest potential. Without a doubt
Abandoned oil wells provide ideal feedstock for "clear" hydrogen gaseous fuel equivalent to $0.25 per gasoline gallon. The Proton Technologies, Inc in Canada is working hard to perfect this zero pollution technology with partnerships all over the world.
Shutting down your funds, like China, Russia and…… Canada already has.
metamask alternative —-> xdefi wallet
I’m in Saudi!
So what country are u from? And what country do you recommend moving to, that Pro Crypto?
Gala Games isn't something to ignore, Also, I hate Metamask as well.
If your talking about Web 3 gaming you need to check out what Zilliqa I doing! Even releasing a Web 3 gaming console that doubles as a ZIL miner!
I searched for sweat coin to be offered in US in 2023 NEAR PROTOCAL..No articles seems your a fibber!!!:-)
Everdome will dominate. They based in dubai