2 ms·
> Your definition of "useless" is different from mine. > What's more useless: > a) $2.5m sitting in a bank account, vulnerable to taxation, confiscation, lega
by atweiden 6y ago
> Your definition of "useless" is different from mine.
> What's more useless:
> a) $2.5m sitting in a bank account, vulnerable to taxation, confiscation, legal judgment, gradual inflation, rapid devaluation and bank insolvency, unlikely to increase much in value, where the only thing you can do with it is trade it for something useful.
> b) $2.5m invested in something rare, that could increase in value, where you can both trade it for something else you want, or appreciate the object itself and enjoy owning it.
Holding an NFT should be benchmarked against holding BTC. The way you've presented it — as being either USD or NFT — is clearly a false dichotomy.