Post
Topic
Board Altcoin Discussion
Re: Can NFTs last forever?
by
nutildah
on 09/12/2023, 06:05:22 UTC
I have collected over 2,000 assets so far (bought or droped) and haven't sold a single one yet! I don't know if I will ever need to sell, however for now I enjoy my collection and the joy of exchanging my dublicates to enrich. This is the philosophy of a true collector. The collector will pay dearly for a nft that he likes and absolutely wants! He will make many trips to find, e.g. a painting or a piece of art to acquire. Not everyone can understand this.

I think you're spot on here. Much as cryptocurrency is to money, NFTs are a digital version of a physical thing -- in this case, mostly collectibles. But they can be used for so much more: as tickets to events, access to special Discord servers or websites, game items (characters, skins, resources, etc.), and can be redeemable for physical goods.

The only problem is that nfts are still unknown to most of the world, but when cryptocurrencies spread and prevail on the planet, then nfts will also experience glory days. Today about 1% of the world's population is involved in cryptocurrencies. Can we imagine what will happen when 50% is engaged?

I'm also of this philosophy as the world is definitely headed in a digital direction. Much of our lives are transforming from physical to digital... its just part of the course of technological evolution. In this thread I outline the rationale behind the "Historical NFT" movement, where people are now into collecting old tokens and various blockchain knick-knacks on different chains, much as collectors like old, rare, scarce sports card:

[urlhttps://bitcointalk.org/index.php?topic=5406123.0]The Historical NFT Speculation & Appreciation Thread[/url]

Some of these early NFTs, like CryptoPunks & Rare Pepes, regularly go for hundreds of thousands of dollars. But there's still a lot of interesting old stuff out there that is cheap and have yet to really be unearthed by the next generation of collectors, which is inevitably on its way.