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Is NFT the gold that destroys the FED???

posted 1 year ago by TaogTaov 1 year ago by TaogTaov +16 / -1

I have no idea what NFT’s are all about other than a very basic definition.

Was wondering if any crypto-nerds could help say yey or ney that there is some possibility NFT’s could be the gold that destroys the FED.

I don’t know enough about it to comment beyond this. Brainstorming is appreciated.

Thanks!

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– ParkingLotRanger 4 points 1 year ago +4 / -0

NFT's right now, suck, because they are only used for shitty artwork, but the potential is huge. It could be the backbone of a new stock market, where you buy a share without a broker or middle-man, and have a unique authentication for that share. No more naked shorting, or market makers just giving you an "iou". There are lots of other use cases, for instance, property titles without a title company. The people giving NFT's a bad rep just don't understand the potential.

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– ZerroDefex 3 points 1 year ago +3 / -0

The people giving NFT's a bad rep just don't understand the potential.

Or they don't want others to.

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