I am both a fan of blockchain and VR. I also have a strong cynic inside of me that trashes on both of them whenever it can. It's fun being me I suppose :)
Blockchain is IMO in a much much much more questionable state of relevancy and usefulness than VR.
Why?
I workout in VR (supplemental workouts by playing Eleven Table Tennis to the max).
I boardgame in VR (Demeo).
My GF picks up my headset and plays Beatsaber.
You can have multiple screens in VR. While I'm not the biggest fan of them, I will be if I'd travel to another country, not being able to bring my monitors.
Oh, and I've convinced quite a few of my friends to do the same (workout, gaming, productivity).
VR is already here mate. People game, people exercise, people get new experiences by watching VR videos (I got better at skiing because of it), people are using its productivity apps to design stuff (think about designing game in Unreal Engine using VR). There are certain use-cases in which VR outperforms anything else (and in most use-cases it doesn't).
VR has tons of uses!
It's not perfect by any means, but we're slowly getting there. 4000x4000 per eye is the hallmark I will be patiently waiting for. Better omni-directional threadmills are something I will hope for. We already are beginning to have haptic feedback suits from owo. I'm not a fan of haptic feedback suits, but others are.
VR is here to stay. It won't replace anything, it will augment how we are going about our daily stuff.
Whereas with blockchain, well, it's mostly used for speculation and I still haven't seen people use it as a legitimate currency. And this includes myself! Like, I used bitcoin to buy a bitcoin wallet, but does that count? I don't think so. The current use of blockchain in terms of cryptocurrencies is speculation (at the moment) and I am hoping it will change, but I wonder if it ever will. And I am a fan of the whole thing, but let's not kid ourselves. I hope the unbanked will use it. I hope people in super high inflationary countries will use it (because as volatile is bitcoin is, it beats any currency with hyper inflation). Unfortunately, I don't have any insights on the unbanked.
>You can have multiple screens in VR. While I'm not the biggest fan of them, I will be if I'd travel to another country, not being able to bring my monitors.
This is the problem with VR. It started the adoption process the wrong way - instead of positioning itself as a work enabling tool that you buy for a killer feature - it's just a gimmicky toy that has reasonable stigma around it among normal people (non-techies).
If your phone was just a 1000$ gaming handheld it would be a niche product, at best something like a 3DS. But gaming is the biggest market on phones.
Likewise if VR ever wanted to get mainstream adoption it needed to have a killer feature like enabling ultra portable/productive workspaces. Imagine everyone working from home buying a 500$ VR headset for remote work - totally reasonable - in the price range of a monitor. And then you have a huge market for games when the people are used to it. Now it's just a nerdy gimmick.
The pc used to be like this, it will change. Remember when people in high school called us nerds? Now many more people want to be "nerds". We will slowly adopt to VR. It has enough use already, use (!), not potential, use!
PC is a tool and you can play games on it, just like your mobile phone is a phone/pocket computer that you can also game on.
The way I see VR right now is a niche version of a gaming console with high barriers to entry and bad image. Gaming consoles took decades to get widespread adoption.
I rented a VR headset for a month a while ago. I think I bought most of the top games to play around with, but all feel a bit gimmicky and lacking depth.
I'd claim that VR will be niche until it becomes AR. When I can see my keyboard and get multiple floaty screens,that will be productivity.
Pokemon Go in AR? Skyrim AR? AR shooters in converted warehouses? Horror games in my house? That'll be games.
I apologize for the pedantry but "blockchain" != "cryptocurrency." My inner cynic is bearish on cryptocurrencies, VR (at least in broad adoption), and to a lesser extent blockchain tech but of the three the one that has the least-worst chance of finding a useful broad fit IMO is the use of blockchain tech since it's really nothing more than a trustless method of double-entry accounting and a potential means of avoiding the risk of direct federation for service providers (you stop being the single point of failure/data breach target).
Sadly I also suspect that blockchain will go down with the whole cryptocurrency ship due to guilt-by-association, much like the AI winter that followed the overhyped 1980s era took with it a number of viable limited-domain solutions that had to wander the desert for 20-30 years before being revivified for the current AI/ML efforts.
OK, 4-5 years ago I was hired by a startup building a data storage/sharing hardware solution that emphasized security. Each storage device could be a an ad hoc member of a group of devices and there were multiple users for each device/group. Individual chunks of data (be it files, filesystems, dirs, etc) had ownership and privileges as did the devices themselves.
What the startup did NOT want to be is the single source of authority or federation for permissions, group membership, user management, etc (they would not only become the single point of attack but the devices themselves would be dependent upon the existence of the company continuing to provide federation services, so going-out-of-business would render the devices useless).
The most obvious solution to those issues was a blockchain-based system. As long as devices existed they could continue to interop, the entries in the blockchain provided audit trails, the entries could be replayed for sync purposes, etc.
I agree, and fair enough. VR will get broad adoption, a few things need to happen before it will (e.g. 4000x4000 per eye) but the hardware innovations needed to get there aren't big wild things. They are simply things that will become a thing through incremental progress.
Basically, limited to niche games and simulation training. Where as AR has more usefulness than VR does. But it doesn't matter since Meta is working in both of those industries.
> Whereas with blockchain, well, it's mostly used for speculation and I still haven't seen people use it as a legitimate currency.
What is wrong with using stablecoins? Everyone knows Bitcoin has failed in being useful for payments or how very volatile it is for a business to use.
> You have the stablecoin issuers printing like crazy.
Who is exactly printing tons of these stablecoins, USDP? or any other regulated stablecoin?
> and you have the no chargebacks part of crypto.
And using cryptocurrencies eliminates chargeback fraud which that is abused by the users. The merchants can get their accounts shutdown and their money withheld for months due to the payment processors locking the money and they always side with the bank, which of whom have no context if the chargeback is fraudulent or not.
I don't see how one can use stablecoins for speculation purposes, which one can do with Bitcoin, which that is completely unsuitable for payments.
USDT(#1) and USDC(#2) have printed 150 billion dollars out of thin air. If you look by volume, these are the only 2 coins being used in any real capacity
A bar willing to accept BTC is not "using it as a currency". Some people get paid in BTC too. Or Tesla accepted BTC for a while. They're just investing in BTC automatically. It's not being used as a currency until the same entities are both buying and selling with BTC.
And that assumes they aren't using one of those services that accepts BTC and automatically converts it to USD at the time of the sale.
Blockchain is IMO in a much much much more questionable state of relevancy and usefulness than VR.
Why?
I workout in VR (supplemental workouts by playing Eleven Table Tennis to the max).
I boardgame in VR (Demeo).
My GF picks up my headset and plays Beatsaber.
You can have multiple screens in VR. While I'm not the biggest fan of them, I will be if I'd travel to another country, not being able to bring my monitors.
Oh, and I've convinced quite a few of my friends to do the same (workout, gaming, productivity).
VR is already here mate. People game, people exercise, people get new experiences by watching VR videos (I got better at skiing because of it), people are using its productivity apps to design stuff (think about designing game in Unreal Engine using VR). There are certain use-cases in which VR outperforms anything else (and in most use-cases it doesn't).
VR has tons of uses!
It's not perfect by any means, but we're slowly getting there. 4000x4000 per eye is the hallmark I will be patiently waiting for. Better omni-directional threadmills are something I will hope for. We already are beginning to have haptic feedback suits from owo. I'm not a fan of haptic feedback suits, but others are.
VR is here to stay. It won't replace anything, it will augment how we are going about our daily stuff.
Whereas with blockchain, well, it's mostly used for speculation and I still haven't seen people use it as a legitimate currency. And this includes myself! Like, I used bitcoin to buy a bitcoin wallet, but does that count? I don't think so. The current use of blockchain in terms of cryptocurrencies is speculation (at the moment) and I am hoping it will change, but I wonder if it ever will. And I am a fan of the whole thing, but let's not kid ourselves. I hope the unbanked will use it. I hope people in super high inflationary countries will use it (because as volatile is bitcoin is, it beats any currency with hyper inflation). Unfortunately, I don't have any insights on the unbanked.