"my other complaint is that you’re just creating a speculative instrument that doesn’t really do anything except hope someone else will pay more for it."
So like bitcoin? - The value is in what someone believes it is worth to be provably in control of a given asset. It also provides a great deal of social currency...certain NFT owners have identity wrapped up in them such that owning it extends social latitudes, as the reputational harm which could be done for being a ingeniousness actor far outweighs making a quick buck.
So like bitcoin? - The value is in what someone believes it is worth to be provably in control of a given asset. It also provides a great deal of social currency...certain NFT owners have identity wrapped up in them such that owning it extends social latitudes, as the reputational harm which could be done for being a ingeniousness actor far outweighs making a quick buck.