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Society & Politics

Why do NFT's, Cryptocurrency, and bitcoins exist?

ALewis30
ALewis30 Follow
Yoda Age: 38
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Why do NFT's, Cryptocurrency, and bitcoins exist?
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Most Helpful Opinions

  • ODC2112
    ODC2112 Follow
    Xper 7 Age: 44
    +1 y
    392 opinions shared on Society & Politics topic.

    For the fantasy of some libertarian who smoked a lot of marijuana and hated the state and the issuance of money. Although at first glance it may seem like a trivial Ponzi scheme, in reality they have created an inflation amplifier.

    1
    0 Reply

Most Helpful Opinions

  • Bolty44
    Bolty44 Follow
    Xper 5 Age: 26 , mho 43%
    +1 y

    To easily scam people's jk lel,
    Some of the coins have real good uses and they will bring good to the world one of the coin polygon was used by government in some countries during covid to scale things up

    1
    2 Reply
    • Bolty44
      Bolty44
      +1 y

      Ty for mho❤️

      Reply
    • ALewis30
      ALewis30
      +1 y

      Your welcome

      Reply
  • FreyaRed
    FreyaRed Follow
    Master Age: 25 , mho 45%
    +1 y
    3.2K opinions shared on Society & Politics topic.

    For speculation with hardware prices. It's creation of an artificial demand.

    0
    0 Reply
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  • TheBigWhistle
    TheBigWhistle Follow
    Xper 6 Age: 27 , mho 51%
    +1 y

    To make money for the very small group of creators at the expense of everyone else by using FOMO (fear of missing out). Not the first time, not the last.

    1
    0 Reply
  • Astarlessnightsky
    Astarlessnightsky Follow
    Master Age: 39 , mho 36%
    +1 y
    3.5K opinions shared on Society & Politics topic.

    After inventing Blockchain technology, people have been wondering what they can do with it and how they can make money with it.

    1
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  • Kaneki05
    Kaneki05 Follow
    Master Age: 25 , mho 32%
    +1 y
    3.5K opinions shared on Society & Politics topic.

    A better question would be why wouldn't they exist?
    Why wouldn't a currency systems exist online?
    It's pretty obvious they would, since humans use currency everywhere the internet is no different.

    0
    0 Reply
  • ArtemisSilver
    ArtemisSilver Follow
    Yoda Age: 33
    +1 y

    Because people want a medium of exchange that isn't controlled by the central banks and governments. It's not a fully realized dream, but there's potential and fortunes have been made and lost.

    0
    1 Reply
    • JustiReno
      JustiReno
      +1 y

      Yeah, Alphabet and BlackRock will make this come true, who knows when we need to reform our currency but at $100k in debt per American man woman and child plus interest we will default sooner or later, pretty soon people are gonna stop paying to fix americas shit

      Reply
  • JustiReno
    JustiReno Follow
    Xper 6 Age: 36
    +1 y

    Because really really smart people then other really really smart people liked the idea so it stuck

    0
    0 Reply
  • Sixgunsound
    Sixgunsound Follow
    Yoda Age: 39
    +1 y
    1.2K opinions shared on Society & Politics topic.

    Self defense against government and corporate overreach.

    0
    0 Reply
  • Dinosaursandanime65
    Dinosaursandanime65 Follow
    Guru Age: 18
    +1 y
    1.4K opinions shared on Society & Politics topic.

    💰 MONEY

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Is crypto-currency/NFT's the way of the future?

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