Over-issuance of currency makes the "universe" not quiet anymore
Tan Haojun
According to media reports, in November this year, there was an outbreak of real estate transactions in Meta Universe.
Statistics show that in the week from November 22nd to 28th, the total transaction volume of the four major Meta universe real estate trading platforms was close to 106 million U.S. dollars.
According to Forbes, there is a construction company that can make nearly 300,000 U.S. dollars to design a project in Meta Universe.
People who don’t know much about the meta universe ask, can people live in this house?
This brings me to the point.
Since it is a house in the eyes of most people, it should be tangible, visible and tangible.
Can't see anything, what kind of house is it called?
The price of houses in the meta universe is terribly high.
A piece of virtual land on a foreign virtual game platform was sold for US$4.3 million (approximately 27.39 million yuan), setting a new record for the transaction price of real estate in yuan.
The so-called "real estate" in the meta universe is a part of the virtual space in the meta universe.
Whether this kind of virtual space can really become its own with money is not easy to say.
If one day, whoever invents more advanced technology, breaks through this virtual space, and overwhelms the so-called virtual space, there may be risks.
Why is there such a phenomenon?
A completely fictitious thing sells more expensive than real real estate in real life. Can these virtual real estates really bring buyers everything they want?
These things that can only be imagined but cannot be directly felt can be sought after and hyped in this way. The most fundamental factor is that since the outbreak of the global financial crisis in 2008, countries around the world, especially major economies, have issued too many currencies, too much. You can go, so you enter the virtual world and become a carrier of emptiness.
From virtual currency to virtual real estate, it is just a change of name, and there is no obvious difference in its essence. Only when it enters the field of hype, its conceptual effect will continue to be amplified.
If you want to continuously amplify the effect of the meta-universe concept, you must have enough money to support it.
Once the amount of currency in circulation is insufficient and the strength of capital is insufficient, the effect of the concept cannot be released.
Therefore, the basis for the popularity of virtual concepts is currency, which can support the constant hype of these concepts.
After the outbreak of the global financial crisis in 2008, the currencies put into the market by various countries, especially the currencies put into the market by developed economies such as the United States, have flooded the global market, causing funds to be looking for new outlets. Naturally, it is inevitable. Part of the funds will be transformed into speculation funds, enter the false realm, and speculate on virtual concepts.
In addition to virtual currency, another virtual space-the meta universe has emerged.
The concept of the metaverse actually started in 1992 in the Chinese surgical fantasy work "Avalanche", where people can have their own virtual doubles in the "Metaverse".
The scene in science fiction turned out to be a realistic scene thirty years later, and was highly sought after by some people and became a carrier of hype.
In particular, Facebook founder Zuckerberg publicly claimed that he invented the meta-universe concept, which allowed the speculators to find the basis for the hype.
This is true. Why does Zuckerberg value Metaverse so much, because he believes that Metaverse will become another gathering platform for his wealth.
All this also requires a strong monetary power as the foundation.
In the final analysis, the concept of meta-universe can be popular because there is no better place for money in the global market, and money in the global market needs to find a place to vent.
And things like virtual currency and meta universe that only rely on imagination but not reality are more likely to attract speculators to enter.
As long as someone believes it, someone will believe it, and someone will believe it, and someone will believe it even more. The concept of belief and speculation, which were originally exclusive, has found a meeting point in the virtual world, and instead has formed a more tacit combination.
Obviously, this is a great irony to the real economy, and it is also a harm to the real economy.
However, in the face of powerful currencies and capital, who can change this pattern?