Hard to imagine that a trip to outer space with Jeff Bezos is worth less than half that of bragging rights to a single JPG:
JPG File Sells for $69 Million, as ‘NFT Mania’ Gathers Pace https://www.nytimes.com/2021/03/11/arts/design/nft-auction-c...
JPG File Sells for $69 Million, as ‘NFT Mania’ Gathers Pace https://www.nytimes.com/2021/03/11/arts/design/nft-auction-c...
2. As for the content, the art world is generally known for money laundering. I suspect that NFT will be used for money laundering as well.
Bitcoin will implode once it becomes an intolerable burden on the global financial system. I think greed is going to sink the network because there is already an "out of control" mentality present in its origin. There just isn't interest in converting bitcoin to a central bank...unless El Salvador wants to build it?
Do cocaine cartels use bitcoin?