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While blockchain in itself is confusing enough, the idea of virtual real estate having real underlying value is mind-boggling to me. Isn't the concept of real estate as an asset grounded in scarcity and necessity? ๐งต A thread:
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When #MAANG employees drive up rent in the city and push out the poor, there are factors like commute time and energy that avatars on #decentraland are not subject to.
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Virtual communities do not require proximity to thrive. Ironically, the removal of distance as a barrier is one of the primary offerings of the metaverse. We might be losing the ๐ฑ๐ญ๐ฐ๐ต here (sorry)
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