non-fungible token ness
adding page this day.. this defn by gary vaynerchuk:
nft’s the scaled version of people buying things to show who they are..
Excellent answers and excellent composure. Stone-cold @garyvee on a red-hot sector, where the best and worst of human nature will be showcased, as is true with all tools and platforms. https://t.co/Dgsh3ZdS8Z
Original Tweet: https://twitter.com/tferriss/status/1492301720277319681
from linked 2 min video clip:
i don’t think crypto space has any more problematic issues than the internet.. society at large.. wall st.. i think it’s a *new avenue of innovation.. a new platform where consumers/humans will evolve.. and all good/bad that comes w human behavior will play out on the platforms
cryptocurrency ness et al
the thought of people deciding on their opinion on what should/shouldn’t have value has made me laugh my entire life and has been historically incorrect.. the market will decide if something has value
for me it’s more about why people by nfts.. same reason they buy chanille (?) handbags, nikes sneakers and mercedes bends, .. this is about brand.. and if you look at the behavior of the under 15 yr old et al.. (then listed what they buy and on wanted blue check mark on twitter).. we are living more and more in a digital landscape and nfts become assets to communicate who you are and that’s something human beings have done forever.. bought things to communicate.. and nfts will be the scaled version of that
A non-fungible token is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded. Types of NFT *data units may be associated with digital files such as photos, videos, and audio.
ie: imagine if we just focused on listening to the itch-in-8b-souls.. first thing.. everyday.. and used that data to augment our interconnectedness.. we might just get to a more antifragile, healthy, thriving world.. the ecosystem we keep longing for..
it has to be all the people’s itch.. everyday a new.. otherwise we keep wasting our energies.. spinning our wheels.. same song ing it..
fungible: (of goods contracted for without an individual specimen being specified) able to replace or be replaced by another identical item; mutually interchangeable.
marsh exchange law et al