Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Monthly chart ....... 
How do people feel about it ?
How do people feel about it ?
I'm a people, and I feel good.
Chart is an “art”.
People love art… I love art.
⊥ᴚ∀ ⅂⅂∀ʍ
I had to turn it upsidedown to see it, and sure get your mind out of the gutter!!!
If I had to guess, the reason would be , that due to the nature of the transaction, and the multiple actors involved, that, from a legal standpoint, they prefer the immutability and distributed nature of a blockchain rather than a leaky old centralised system, which could potentially be gamed with more ease. Not to mention, that there would also be a greater potential for interoperability going forward.
Who's going to be paying to secure this blockchain?
To really ponder the ramifications of your question goes to show me why any possible meaningful, substantial and lasting innovation in regards to NFTs that might possibly exist will have to somehow be linked back to bitcoin - and sure who knows what level it will be possibly pegged to bitcoin or that some shitcoin might get some jurisdictions to establish NFT-like practices in regards to some legal documents - and ultimately coming back to bitcoin.... Of course, there could be internal data bases that will establish these systems, yet I am having some difficulties seeing what NFT would bring to the table in those kinds of centralized data base systems. Another thing is that it could well take 50 to 100 years to sort some of these matters out, and for sure in the meantime, there is likely going to be a lot of scammening along the way, especially if the supposed NFTs are not pegged to something solid... and I doubt any solid system exists currently besides bitcoin.. ..