Post
Topic
Board Altcoin Discussion
Re: NFT ?? What do you think about it ? ? ?
by
OgNasty
on 09/12/2022, 21:00:47 UTC
I still don't understand what the phenomenon of these pictures is.It's funny to me to watch how what cost hundreds of thousands yesterday is worth nothing today.I can understand if the nft is attached to the subject of real art and it gives the right to transfer, then yes.
I have never bought them and do not plan to, I do not see any uniqueness in them except as a record in the blockchain.

I think that eventually all financial assets will be tokenized on the blockchain.  It's crazy to me that there's no real way to prove I own shares of anything in my brokerage account.  You just have to trust your intermediary.  We've all seen how well that works out with the FTX case.  I'm sure just as shady activity is happening with major brokers, but they've had a long time to figure out how to hide their holdings from the public and operate as fractional reserves.  The transparency that NFTs could bring to the world of finance shouldn't be understated.  Stupid works of art, yes, now they are.  Someday they'll be how you prove you have retirement funds.  First though I think NFTs need to take over the gaming sphere and do away with companies stealing from children for skins that can't be resold.  Then that generation will require proof of their investments and NFTs will be that proof.  It's coming, although probably a decade away.