Bitcoin isn’t a scam; it has value because of supply and demand and the fact there will only be 21 million ever mined, however anyone is allowed to use it.
I remember calling NFTs a scam and my friend hated me saying that.
When I use the phrase NFTs I was referring to the culture, usage and trading and all of that jazz. He was specifically talking about the technical implementation. So there was that …
However, he said, “just because 99.9% of NFTs are scams, that doesn’t mean you can call it a scam.”
I then said, “if 99% of anything is a description of it, I think we can safely use that descriptor”
Bitcoin isn’t a scam; it has value because of supply and demand and the fact there will only be 21 million ever mined, however anyone is allowed to use it.
Bitcoin itself isn’t a scam, but the cryptocurrency arena is full of scammers.
I remember calling NFTs a scam and my friend hated me saying that.
When I use the phrase NFTs I was referring to the culture, usage and trading and all of that jazz. He was specifically talking about the technical implementation. So there was that …
However, he said, “just because 99.9% of NFTs are scams, that doesn’t mean you can call it a scam.”
I then said, “if 99% of anything is a description of it, I think we can safely use that descriptor”