Crypto

Discussion in 'Free Speech Alley' started by LSUpride123, Jul 14, 2020.

  1. mancha

    mancha Alabama morghulis

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    Have y'all talked about NFT's? You know, the collectible kind. I think that is a bunch of bullshit. I don't know much about it but people bidding on little pixel images or a Lebron dunk just seems stupid.

    This is part of the blockchain phenomenon. Just looking for your thoughts.
     
  2. LSUpride123

    LSUpride123 PureBlood

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    No different than Hunter Biden selling his paintings for 500k.

    With an NFT, you can verify if it’s fake or not. Art is art. This is just the digital version of that with verification.

    Or think of collecting baseball cards as a kid.
     
  3. mancha

    mancha Alabama morghulis

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    What is your take on this medium? I think collecting shit is close to hording. I think it is even lower than the trading card business but people are really into it right now. NFT contracts with athletes or whoever are everywhere. Is it just a fad or do you see something in it. Like replacing hard collectables?
     
  4. LSUpride123

    LSUpride123 PureBlood

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    I think it could replace, but more than likely you have your digital verification of the NFT with a hard copy if you choose. There is ways to embed these things.

    For the gaming industry and sports, NFTs are a big deal.

    Kids are spending billions for “skins” in games.
     
  5. mancha

    mancha Alabama morghulis

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    I know! They are. Have you thought about collecting on this? Is it too young right now?
     
  6. LSUpride123

    LSUpride123 PureBlood

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    I am not buying them. I am investing in the platforms that support them.
     
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  7. watson1880

    watson1880 Founding Member

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  8. watson1880

    watson1880 Founding Member

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    Bitcoin broke 60k today.
     
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  9. LSUpride123

    LSUpride123 PureBlood

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    Just keep stacking.
     
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  10. watson1880

    watson1880 Founding Member

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