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crypto was sold as a deflationary investment, because supply of some crypto currencies is limited, i.e. no more than 21 million bitcoins are planned to be mined
by thargor90 4y ago
crypto was sold as a deflationary investment, because supply of some crypto currencies is limited, i.e. no more than 21 million bitcoins are planned to be mined in total.
- SketchySeaBeast 4y agoThat's the exact reason I have all my Star Trek TNG collectible plates! Only 1000 made baby!
- hef19898 4y agoCan I have NFT for one of those?
- SketchySeaBeast 4y agoBased upon my understanding of the current state of NFT's you can make an NFT of whatever you want, even if it's the copyrighted media of someone else.
- andsoitis 4y ago> because supply of some crypto currencies is limited, i.e. no more than 21 million bitcoins are planned to be mined in total. But herein lies the trap. While any particular crypto currency may have limited supply, there is theoretically an infinite amount of crypto currency (people can and do create new ones out of thin air when an existing one has run its course). To top it off, these are not productive assets.