RE: 2021-KW 10 ~ Kneipe 24/7 ~ Treffpunkt ~ Dauer-Kneipe ~ Ohne Zusammenhang / Without Any Context

You are viewing a single comment's thread from:

2021-KW 10 ~ Kneipe 24/7 ~ Treffpunkt ~ Dauer-Kneipe ~ Ohne Zusammenhang / Without Any Context

in blurtgerman •  4 years ago 

Hi there... what does everyone think about the crazy NFT market ? It is a bubble ? I don’t understand it at all.. people paying 1 Million for a Digital gif that can be copied with Screen capture ....

This one is for sale at 1 Trillion dollars on Super Rare ??? https://superrare.co/artwork-v2/us-and-them-20141

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  4 years ago  ·  

Same here. Recently I've come to the conclusion that NFTs have brighter futures than cryptocurrencies. I am talking strictly about adoption here.

Reasons:

  1. No negative connotations (unlike CCs)
  2. No association with crime and scams (unlike cryptocurrencies)
  3. Concrete usecase (collectibles) over dubious usecase of cryptocurrencies

Furthermore; NFT art, if we can even say that, can disrupt existing money laundering schemes associated with collecting art as with tokenization you get quick access to liquidity. Also, with NFTs the entire scene unmonitored and not really regulated - they can do whatever they please. So it's not surprising that those NFTs go for a mil or more.

To argue on my stance further, this NFT app: https://www.nbatopshot.com/ did more for penetration of blockchain tech than all cryptocurrencies in the last 10 years. People understand collectibles, people understand limited items and hype. They trade these NBA cards just like others trade them bitcoins on binance.