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To: NohSpinZone

I’ll ask. What is an NFT?


14 posted on 02/23/2022 1:42:57 PM PST by Blueflag (Res ipsa loquitur: ad ferre non, velit esse sine defensione)
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To: Blueflag

A digital asset that can be owned and sold/traded. Some of this is downright bizarre. For example, the Economist took a picture of one of its magazine covers and sold it as an NFT and got paid beaucoup bucks for it.

https://www.economist.com/the-economist-explains/2021/10/21/why-we-are-selling-our-cover-as-an-nft


15 posted on 02/23/2022 1:48:09 PM PST by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: Blueflag
A digital reproduction of something that people are treating like it is valuable.

Essentially the Beanie Babies of this decade.

Something that people are paying a lot of money for and it is essentially worthless.

But you can at least give a Beanie Baby to a small child and they will play with it.

Not sure what you would do with this.

18 posted on 02/23/2022 1:59:22 PM PST by Harmless Teddy Bear (It is better to light a single flame thrower then curse the darkness. A bunch of them is better yet)
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