Which is why I think NFT failed so miserably. Pure speculation born from the most absurd utility imaginable, exclusivity over authorship and ownership as an end in itself, not as a by-product as is entailed by everything else.
RE: If I Was Still On Hive
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If I Was Still On Hive
exactly like the "fine art" market
It depends, seems fine art outperforms even bitcoin, nft, its the complete opposite. It seems that fine art goes up, while nft only goes down. Fine art, like collectibles, have something OTHER than just exclusivity.
Use case other than eye candy, and exclusivity.
which also holds true for the nft market
Except one gains value, while the other devalues.
not all fine art gains in value
not all nfts lose value
Who cares about some absurdly insignificant percentage? I'm talking the overwhelming vast majority.