There will be Fintech in the Metaverse

Dateline: Woking, 28th July 2023.Now that Apple has entered the virtual reality (VR) and augmented reality (AR) field with its Vision Pro headset, I think we can begin to see how the metaverses are going to permeate everyday life in the not-too-distant future. I have a feeling that Apple’s launch of the Vision Pro headset, rather than Meta’s acquisition of Oculus, will in time be seen as the cusp for the next generation of computing, just as the iPhone was the end of the PC era and the beginning of the smartphone era, because the Meta headset replaces the games console whereas the Apple headset replaces the computer.ShareVisionMany observers were taken aback by the $3,499 launch price of the Apple’s new Vision Pro headset, especially when set against the $500 price of Meta’s Oculus, but it’s not really that expensive in historical context. It’s less expensive in real terms than the IBM PC was when it launched or the Macintosh was when it launched and I am sure that there are plenty of people who will buy one to begin experimenting with it.I will be one of those early adopters despite the price. After all, I remember showing up in San Francisco in the early 1980s and going to a downtown store — somewhere around Embarcadero if memory serves — to buy an Apple IIe. It cost around $2,500 back then and I thought it was the most amazing piece of technology in the world. I installed a modem and bought a ProDos 5Mb…There will be Fintech in the Metaverse