Find my short explainer about NFTs on Austrian radio FM4. At the moment I see a hype in the crypto space around NFTs, similar to the ICO hype of 2017. Although many people dismiss NFTs I think they do have potential in the digital space. You might not be able to reach true scarcity, because you can’t prevent copies of the art piece, but you can prove that you are the owner of that one specific piece.
Confirmed: Social media and messaging apps restricted in #Senegal amid political unrest following arrest of opposition leader; real-time metrics show Facebook, YouTube, WhatsApp and Telegram CDN servers disrupted, limiting photo and video sharing
https://t.co/klvokfpLyu pic.twitter.com/L6q3ygu9jP— NetBlocks (@netblocks) March 5, 2021
It was also easy for big tech companies to build monopolies in recent times. But it seems things are shifting. App developers like Spotify, Hey or Epic games are fighting the 30% fees they have to pay to Apple’s store to be listed. One bill, which would let developers sidestep the two companies’ 30 percent fees on digital purchases, cleared the Arizona House by a 31-29 vote Wednesday. Last month, Apple and Google beat back a North Dakota Senate bill that would have required Apple to let iPhone and iPad users download alternative app stores and let developers change their payment options. Source
The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. - Satoshi Nakamoto
Historical volatility in Bitcoin… pic.twitter.com/Dte6i6ICAc— Charlie Bilello (@charliebilello) February 28, 2021
Bitcoin’s monetary velocity is now higher than USD M1. M1 is the USD held in short term accounts for buying stuff; none of it is moving. BTC’s making a joke out of it.BTC is moving more than the money we have for spending. Nevermind BTC is for long term investment. pic.twitter.com/ymZGOx3uRh Willy Woo (@woonomic) March 1, 2021
@Lightning has now arrived at OKCoin, providing up to 99% lower fees and instant transactions https://t.co/unwXfBDoD6— OKCoin (@OKCoin) March 4, 2021
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If you want to check, here is today’s Bitcoin price.
No financial advice. DYOR.