USE, Crypto, NFT, and Digital Art Value
People are spending millions of dollars on a new kind of rare object which only exists in the online world. They’re called NFTs.
People in the “real world” know these words Right?
NFT stands for non-fungible token.
This just means that, unlike most digital items which can be endlessly reproduced, blockchain creates a system where each NFT is one-of-a-kind, with only one true verified owner.
There are Collection Drops
- Collections have themes and only a few unique pieces.
Find the Rare Digital Art Market
Nifty Gateway – Collect Digital Art
No Digital Art Value
- Where were they when cryptokitties launched?
- all these maxi’s who are *really* struggling to understand how digital scarcity can imbue financial value in something
Ned Slanders: dunno about the Maxis, how I see it, art is something that can exist just as easily in physical realm & the physical “copy” is often considered more valuable. Bitcoin is something that doesn’t exist outside of digital. Until digital space (VR) > real space, I don’t see it
USD No Value
50 years of tax cuts for the rich failed to trickle down, economics study say. No trickledown effect. Does this surprise anyone?
It was never really intended to trickle down or help average Americans….the goal was to help the top. “I mean, Kemp-Roth [Reagan’s 1981 tax cut] was always a Trojan horse to bring down the top rate….” David Stockman
The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That’s Made the U.S. Less Secure Trickle down’ has done – exactly – what the republicans designed it to do. These numbers are shocking. The math is solid.
https://time.com/5888024/50-trillion-income-inequality-america/
Crypto Coin VALUE
An analyst at Ark Invest has come up with a hypothetical chart that demonstrates what could come if a similar trajectory is followed. And according to the chart, the Bitcoin price would top out at roughly $390,000 at the height of the current cycle.
“If you look to others for fulfillment, you will never be fulfilled. If your happiness depends on money, you will never be happy with yourself. Be content with what you have; rejoice in the way things are. When you realize there is nothing lacking, the world belongs to you.” – Lao Tzu
Max Keiser
“The intellectual, philosophical and spiritual quest and progress of humans across the globe has always been to identify the roots of their environment. Now that we have developed a digital analogue of reality, Satoshi hacked and conjured from the trinity roots of our cognitive abilities a Merkle tree that produces fruit of pure integrity with an immune system powered by electrons harnessed by the most advanced computer scientists and electrical engineers on the planet. Bitcoin is the rabbit hole to the taproot of reality.”
“Technically speaking, email has no intrinsic value, yet it’s worth trillions. Same thing for Bitcoin. The protocol soon to be worth trillions.”
“You get to a point when you realize that only nocoiners see volatility. Bitcoiners just smile and ride the vector.”