Post
Topic
Board Bitcoin Discussion
Re: NFTs on Bitcoin?
by
MFahad
on 27/03/2021, 11:05:06 UTC
Given the recent NFTs hype, was wondering if we should get NFTs onto Bitcoin. Given that Bitcoin is the KING in the industry and the most secure network, shouldn't we be able to secure NFTs using Bitcoin's security?

Just written an article arguing for the case that NFTs on Bitcoin should be relooked at, and certainly will bring the NFTs industry forward with Bitcoin onboard.
  • Most secure network
  • Most well-established network effects
  • Capital Pool of ~USD 1trillion.

I think this NFT hype will end after some time. I have been hearing some news about people buying the NFT version of works of art at a much higher price than the value of their original version. It seems really insane to me. Why would I want to pay such amount of money and buy NFTs instead of the original ones? I don't know maybe I'm thinking in an old-fashioned way.  Grin

Its only because of the hype rich people willing to pay much more than the actual value and that too for NFT only. The NFT scope will be very limited once this NFT hype is over. I think that defi has much better use cases than NFT.  NFT was already avaible on ethereum block chain, why would we need them on bitcoin blockchain too  Huh