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The current cryptocurrency market scenario has left many skeptical investors and users on the increase in digital resources, especially after the fall of Bitcoin [BTC] under the sign of $ 4,000. On the other hand, the bear market has left Brian Armstrong, the managing director of Coinbase, clumsy with the official who publishes a circular on the adoption of cryptocurrencies in virtual reality [VR] scenario.
In the last post, the head of the largest exchange of cryptocurrencies on the planet in terms of users gave his hypothesis on how Bitcoin [BTC] and Ethereum [ETH] it will be a catalyst in the game and in the VR scene. Armstrong said that the creators of the virtual world can create a centralized digital currency that in his words will be "like Second Life did with the Linden Dollar, which was pre-bitcoin".
He went on to say that companies also have the option of using existing cryptocurrencies like the popular Bitcoin or Ethereum. According to the CEO of Coinbase, another step that organizations could take is to release their tokens on established platforms such as Ethereum. In the circular provided by Brian Armstrong, he also added:
"It allows participants in these worlds (especially content creators) to earn" real money. "That means more people will spend time in the game, maybe they will earn a living in the virtual world that pays for rent in the world. If this happens, you may see people go from 8 to 12 hours a day. "
Armstrong company has slowly added developments and updates on its platform, with the feature of free PayPal withdrawals as an extraordinary example. Coinbase announced that the upgrade will allow users to withdraw USD, EUR and GBP for free in their PayPal account. The news was completely unexpected because Coinbase had not announced the addition on any of their social media handles or official publications.
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