3 ms·
How exactly does BTC store any more value than an NFT?
by XCSme 2y ago
How exactly does BTC store any more value than an NFT?
- jdenning 2y agoSupply & demand?
- echelon 2y agoIt's the "chosen one".
- Mithriil 2y agoEnergy wasted to secure the chain
- Empact 2y agoFungibility is one of the important properties of money. So a non-fungible token has less ability to accrue monetary value. https://en.wikipedia.org/wiki/Money#Properties https://en.wikipedia.org/wiki/Money#Properties
- stouset 2y agoThis is hysterical because four years ago everyone was clamoring on about how the non-fungability of NFTs was the secret sauce to why they’d accrue monetary value.
- dns_snek 2y agoTaking arguments from the most delusional crypto bros at the time and trying to sell them as something that "everyone" was saying about NFTs in general isn't a way to engage in good faith discussion. Some NFTs/art might appreciate in value, but most NFTs/"art" are worthless on the open market.