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Only in this case the value is stored in “digital gold”. Unlike gold, which is chemically stable, I’m far from convinced the digital format itself will end up s

by aklein 6y ago

Only in this case the value is stored in “digital gold”. Unlike gold, which is chemically stable, I’m far from convinced the digital format itself will end up sticking around long term.

ThomPete 6y ago
Not sure about your definition for long term. TCP/IP looks pretty solid to me. NFT is basically TCP/IP with memory, why shouldn't that be useful for all sorts of things? Bitcoin is more like gold, NFTs are more like network based consensus validation of ownership.
- aklein 6y ago
  Right, but unlike TCP/IP, which is a stateless protocol, the validation of an NFT requires a specific blockchain. While Bitcoin and Ethereum seem to be “here to stay”, they both seem under constant competitive pressure from other blockchains.
  - ThomPete 6y ago
    Silver and gold live side by side.