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NFTjoe's avatar

If you can explain why we pay millions of dollars on physical art you can explain why we spend millions of dollars on NFTs.

We’ve done it for decades, even centuries. It’s human nature in a sense and part of the record of our existence. It may seem illogical but that’s us.

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E SH (Narooch)'s avatar

The concept of certain things not being “worth” is extremely subjective and kinda stupid sometimes. A $100 bill is just paper why is worth $100 ? Because we give that value to it. Is the exact same concept in a new way of ownership (NFTs).

I think this is not going to “burst”, even if for some reason one day everyone hates NFTs and we all stop doing what we’ve been going this new use of the blockchain technology came to stay, and that’s what have been making this interesting, how revolutionary it is.

It’s going to happen what happy to Bitcoin and other crypto currency’s. At first everyone is just going to a knowledge their existence, but they’re not going to do something NFT related. In a couple months the mainstream is going little by little get more involved and normalize the use of them.

Eventually it’s going to be an everyday thing in our society

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