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 don't think it's necessary and I don't think it is a good thing because NFT's are just full of hype these days and something like art that we don't really know if it has its value, most of the time people are just assuming a higher value in NFT's even though when it started to a low market value. You know the reality when it comes to these NFT's and I don't think bitcoin needs something like these, we don't know if this trend is going to continue in the future but there will be millions of NFT's and that is going to divide the market that will surely end this NFT's trend. Buying an art will probably 15$ and then selling for 300$ is just ridiculous and there are some art work that is obviously not work that much that is selling for even more.