When you ask someone "what is cryptocurrency" you would get an answer like "It's a digital currency that you can make a lot of money on"
I find it weird to place crypto and money in the same sentence as if it were two different things, because crypto is in fact money. The idea behind crypto assets is not "making money" it's about "owning money". This is what people don't understand. With Fiat, you own nothing if all things are considered, but with crypto assets, you take control of your finances.
Trading is where you make money, investing your assets in different products and services is how you make money, so it's not about the crypto asset when it comes to making money, it's about what it is used for that could potentially generate income. On its own, the value isn't in the ability to regenerate income, but to actually own and secure it. We simply have to exclude price increases that could frankly be triggered by anything, that is just losing focus and speculation down the road, lots of people have lost sight of what bitcoin was created for and now place their attention on "how much money can I milk out of the system"? Sad to say the least.
Non-Fungible Tokens - Bringing in the singularity structure
I've talked about Non-fungible Tokens a couple of times in the past, citing its use case in brand security and some other scenarios of applications. But I feel, it can never be stressed enough what a technology it is, yet, it is so underrated.
Crypto investors and traders are incredibly blind most of the time, I find it amusing how everything in this space seems to have a marketcap, Like? What I mean is, these data resource platforms need to take down those crap tables and charts summing up values across projects with NFT centric models. NFTs are tools and can be applied anywhere and overtime, the cross platform values won't be easily determined!
NFTs values are more virtual than virtual
We could liken NFTs to Resource Credits on Hive, tho very different in nature and use case, the nature of RCs makes it almost impossible to place a value on it, but it still infact have a major impact on the network, this is the case with NFTs, there are assets that promotes singularity, not Fungible, unique to itself, protected by blockchain technology, more ownership. It isn't all about arts and shits, in fact, it never was about it. The idea of NFTs was to create something that cannot be counterfeited on the blockchain level. The nature of it simply works well with businesses as we saw in the case of Nike leveraging NFTs to prove products uniqueness.
The more we factor these things for what they really are, the sooner we can spread it to the unexposed world. NFTs are about ownership and uniqueness, not ape arts and Trump's ass in superman cape.
Thank you and please leave a comment, your thoughts matter to me