Commentary
Young people feel attraction to the metaverse that older folks cannot understand. Some young enthusiasts have even bought property in that entirely imaginary land—as an investment, they say.
At first blush, this practice seems outlandish, but on reflection, metaverse investments are not that much different than other investments, hardly as revolutionary as the young seem to think.
Most other investments—stocks, bonds, even real estate—have little or no more link to the physical world, much less any intrinsic value than metaverse investments. True, a real—as opposed to a metaverse—house can keep the rain off the owner’s head. But the shelter provided contributes only little to the investment’s value.
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