• @[email protected]
    link
    fedilink
    554 months ago

    Buy $20 for $100 million. If you can “buy” nft’s then Idk why you can’t buy something with less value.

    • @Blue_Morpho
      link
      474 months ago

      The $20 bill has a unique serial number just like the nft.

    • @Viking_Hippie
      link
      284 months ago

      If you can “buy” nft’s then Idk why you can’t buy something with less value.

      I’ll tell you why: because there’s nothing with less value than an nft.

      • @[email protected]
        link
        fedilink
        English
        74 months ago

        I just remember the day, as a software dev with a solid understanding of Blockchain, my older dev neighbor started explaining how NFTs worked

        I thought he was confused or stupid or something.

        “Wait, so like you have these super rare images, proof you own it on a Blockchain, and a link to the place they’re all publicly hosted?”

        Him: “Yep”

        “And the only use for these right now is as a profile picture?”

        Him: Shrug, “yeah, people use them for discord and stuff”

        “But… Couldn’t you just download the image and use it anyways?”

        Him: “Yeah, it’s all publicly hosted”

        And it was about then my brain locked up. I did multiple hours of research later, sure I had to be missing something

    • @danc4498
      link
      English
      24 months ago

      i believe the IRS would consider this a gift.