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The one thing that gets lots in the card analogy is that 99% of cards will get destroyed and the ones that are left will mostly get damaged. This increases sca
by chollida1 5y ago
The one thing that gets lots in the card analogy is that 99% of cards will get destroyed and the ones that are left will mostly get damaged.
This increases scarcity in a way that just can't happen for NFT's, what would it mean for an NFT to get damaged corners?
- hanklazard 5y agoIt’s thought that something like 20% of BTC are “lost” (1) (ie, private key is lost). This will certainly happen to NFTs as well since people will inevitably fail to back-up their wallets. 1. https://static1.squarespace.com/static/5d580747908cdc0001e6792d/t/5e98dde5558a587a09fac0cc/1587076583519/research+note+4.17.pdf https://static1.squarespace.com/static/5d580747908cdc0001e67...