Quote:
Originally Posted by Michelangelo
Some NFTs are certainly overpriced from all the hype, but they're here to stay. They will revolutionize the concept of ownership. Eventually everybody will even tokenize themselves for digital identity. I'm seeing the same skepticism I saw towards the internet in the early 90's or bitcoin in 2013. Just natural human reactions to new mind-blowing concepts.
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Everyone I knew at the time got the internet right off the bat. You'd have to be really dense to not see the potential of the internet.
Many of the BTC skeptics said it can't work as a currency and an "investment" at the same time, and they were right.
I still don't see how owning an NFT is any different from owning an acre on the moon, which I paid $20 for back in the 90s and got a nice certificate. You don't own the rights to the image. You own nothing except bragging rights at the moment. Now maybe in the future you will be able to link to your avatar in the metaverse. But we have the equivalent of that now in MMORPGs. That market is pretty well understood and at least for now doesn't require an NFT to function.