Did Metaverse Stocks JUST Get CANCELLED? (Millions Lost!)

zuck's metaverse seems to be falling apart as his company just set a new record for the largest one-day drop in stock market history put this into perspective that's 230 billion dollars wiped off meta's value and a 28.6 billion dollar hit for the zuckerberg himself that's certainly not a good day in the office hi guys it's mark so lots of people will be cheering this setback for meta as they fear a world where the metaverse is controlled entirely by facebook and their interests this is understandable as it's worrying enough how much data they already have on all of us so with competition rising and regulation looming could this be the beginning of the end of zuck's metaverse if we just ignore what's happening in the shadows then only the powerful interest will benefit financially from the metaverse and the everyday person will be left powerless in this next wave of the internet so let's go through the reasons why i think meta could have a near impossible challenge to accomplish and the shady business tactics they're using to do it the metaverse is undeniably the future so it's no surprise that competition is really heating up in this race to create digital worlds they're operating under the belief that whoever controls the metaverse wins the world all the money and all the power 100 billion dollars richer competition is bad for meta however it could be fantastic for us because having more companies and decentralized crypto projects in this race gives us one important thing choice and this normally leads to better products just think about it if you could only buy your car from one dealership and you needed one to get around then that car dealership has little incentive to give you a better price as they know they have the power competition leads to better prices products and services for us the consumers but who has the power to challenge zuck's metaverse well as we know lots of older people are skeptical of the metaphase but the younger generation seem a lot more open to it this is where tick tock has an advantage as 25 of its users are aged between 10 and 19.

This is something facebook struggled to compete with as it's now seen to be a platform for mums dads and grandparents i'm on tick tock so i must be down with the kids hang on dad i've seen you on facebook as well i have to talk to all my boomer friends don't i in an interesting move to enter the metaverse race bike dance the chinese company that owns tick tock has acquired a virtual reality startup called picco it might be pico i'm not quite sure disney has also hired a new executive to focus on this area and epic games have allocated 1 billion to help accelerate its long-term meta first vision now that really is epic but in my opinion their most dangerous competitor has to be microsoft especially after they acquired the huge gaming studio activision for 70 billion dollars this is because even though men have the first mover advantage and only oculus range of vr goggles they still aren't big in the gaming space whereas microsoft are huge there is a high likelihood that gaming will play a huge role in spawn in the metaverse so if meta doesn't develop new exciting smash hits or acquire game studios then they could be in trouble as the youtuber john coogan pointed out mark zuckerberg may have a clear vision for the future but bill gates actually predicted the smartphone in 1993 which he dubbed the pocket wallet however microsoft was still beaten to the market by nearly all the other tech companies this just shows that the one that dreams it doesn't necessarily execute it because of how their companies are positioned in the market if you want to benefit from this great race to build the metaverse then you can always invest in the companies you believe in and if you want to get a free stock from public worth between three and a thousand dollars then i'll leave the link in the description below just remember with investing your capital is at risk so how does a blue chick company like meta that is seen as too big to fail plunge over 25 in a single day and shock the world this is something we need to discuss further because if the company starts declining then zuckerberg won't have as much money to throw at his metaverse project not that he's going to be in trouble any time soon hey mark fans are giving me a spare meal interestingly one of the key reasons could be a decrease in users facebook lost around half a million daily users in the last three months of 2021.

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This was a shock to investors as it was the first time they'd ever seen a decline in users apple has also made some privacy changes that make it harder for platforms and apps to track users this will potentially cost meta 10 billion dollars per year in lost ad revenue if you think about it this makes sense as the majority of people that use facebook and instagram are on iphones yeah even you have an iphone and you're ancient doesn't everyone in addition to this zak is so consumed by his metaphor's vision that he's invested 10 billion dollars which is dragging down meta's profits this has caused some investors to lose faith in the long-term vision of the company as many are questioning the sudden change in name and direction this downward stop trend is just fueling more negative press which then causes more losses now i honestly think zuckerberg has too much control over the company i've always thought it very strange that someone with very little social skills was the leader of the biggest social company in the world i also believe that his robotic approach to introducing the metaphase caused a lot of people to worry about a future where zuck was in total control like some kind of overlord if he found someone like elon musk to be the face of the company then it might have been received with more excitement so i'd blame the stock crash on a mixture of things including apple changing their privacy policies the big meta name change and mark zuckerberg's public perception i often wonder why zuck bothers as he gets so much negative press when he could be just chilling on the beach somewhere with his robotic girlfriends meta like any powerful company have a dark side they employ some questionable business tactics in order to dominate but these could soon be coming to an end so let's uncover how they're crushing many small promising companies one of their favorite tactics is the copy acquire kill strategy whenever there is an up-and-coming company that can challenge them in the future they first try and buy it and secondly if that fails they copy its features a good example of this is when facebook acquired instagram for one billion dollars back in 2012 when the photo share in startup had a dozen staff and no revenue but a fast growing user base it now has more than one billion users they also tried to acquire snapchat as their story feature really set them apart in the social media landscape snapchat said no thank you mr zuckerberg so facebook went ahead and completely copied the feature with instagram stories in order to slow snapchat's growth and guess what it worked with minimal backlash to be honest big tech companies have been using this strategy for years as it allows them to minimize competition and shut down their rivals this isn't just bad for smaller companies but also for us the consumers as it means we have little choice but to use their platforms if we want to stay connected and i want to stay connected no no just please don't do that facebook are using the same tactics when it comes to the metaverse by firstly acquiring oculus a leading vr goggle brand and secondly undercutting the market and selling their products at a loss let me clarify that it's actually cost them more money to make these goggles than what they're selling them for they're actively losing money companies often slash prices or give away free things and initially this can be great for the everyday person this is kind of like when i tell you that coinbase are currently giving away ten dollars worth of free bitcoin when you open an account using the link in the description meta is counting on the fact that no other company can afford to lose money selling headsets they know if they can get people using their products then they can dominate the growing vr market and squash any competition a good example of this is a virtual reality company called lynx they are selling their headsets for 700.

Whereas oculus which is of a similar quality is blowing them out of the water with a price tag of only 299. this may seem like a good thing however small companies have purged from the market then it just means that meta will be able to charge whatever they want in the future that's why i always make an effort to support startups even if it means paying just a little bit more the ceo of links has also said that meta tried to steal his staff with promises of higher wages but they turned his offers down in favor of working for an up-and-coming company i don't want to be just a number working for your huge corporation mr zuckerberg i want to make a name for myself you can stick your job so by looking at all the facts it looks like meta could be planning on gaining a monopoly on the metaverse and that's easy for me to say try saying that ten times a monopoly is defined as a dominant position of an industry or a sector by one company to the point of excluding all other viable competitors it's also a board game the telecoms industry in the uk used to be entirely controlled by bt as they owned all the phone lines and internet exchanges this is the perfect example of a monopoly but as you can imagine after many complaints of poor service and conflicts of interest the company was split up and now tons of other companies are supplying internet in the uk using bt's existing network between 1984 and 2014 bt's market share fell from 100 to just below 40 if you think about it other companies are just piggybacking on bt systems and software if they succeed in gaining a monopoly prices will certainly rise and we will be left with little choice but to pay meta currently have a rumored 52 000 data points on every user with control of the metaverse they could 10x that by then they'd know you better than you know yourself with that all said regulators are starting to take notice which is bad for meta but could actually be good for us as consumers and investors and if you like the sound of that smash that thumbs up button you've got this far so it'd be nice if you did and it doesn't cost you a penny it looks increasingly likely that politicians will call for tighter regulation on america's big tech firms the issue is that the current laws in place are extremely outdated as they don't take into account this new age of free to use social media platforms zuck has managed to evade these laws for so long by letting us use his social media platforms for free and charging advertisers to reach us effectively turning the users into his products as it's clear they can crush any direct competition they face the only thing standing in their way is regulation how lawmakers deal with meta will have repercussions for all the big tech companies when it comes to the metaverse the tactic of selling their headsets at a loss could be described as predatory pricing this is when a company lowers their prices in order to intentionally put other companies out of business but it's very hard to prove this is the case as currently the law states that it's only illegal to do this if the company is already dominant in the space and not just entering it it could be argued that low prices are a good thing for the everyday person however we all know the long term game is to establish a monopoly and then hike up the prices when did a corporation ever make it better for you they're not doing this out the kindness of their heart the issue is that regulation is always trailing behind innovation the world is moving at such a fast pace and it doesn't help that the people in charge are boomers that find it hard to understand this new online world it's a shame they're not all down with the kids like you are i've been telling you for years sir not everyone's as cool as me stricter regulation could lead to a far more level playing field which gives smaller companies a better chance to compete therefore resulting in better products for everyone honestly i don't hate meta or mark zuckerberg i'm actually invested in them however i am a big advocate for a freer market that might be on the horizon this may be directly opposed to my investment however i do think we all have a responsibility to stand up against big tech companies and demand choice this will also mean that a lot of new startups will explode in popularity and make their stockholders millions in the process i refuse to accept that the days of insane stock growth in the tech sector are over although i 100 believe in the concept of the metaverse and think that meta will play a big role in the future no big corporation should solely own the future digital world it should be open source just as the internet was initially conceived so do you think that people will succeed in this fight against the corporations or will the powerful elite prevail in the battle for the metaverse i think we'll seize back control especially with crypto and decentralized blockchain technology becoming more popular but let me know your thoughts in the comments below so i'm going to leave the next video right up there but don't click on it just yet make sure to subscribe if you want to grow your wealth okay i'll see you over there

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