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Old 03-18-2021, 06:59 AM
Malsua Malsua is offline
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Just in the for what it's worth category, NFTs are making the news these days.

These are Non-Fungible-Tokens. Think bitcoins for GIFs, or pictures or whatever. I have worked my entire life in Tech of varying degrees. Bits are bits. Somehow making a particular picture or gif as a "unique" seems asinine to me. That said, if people are willing to pay for it, and have an audit trail that it is unique, who am I to argue.

Since I figure these NFTs will be a fad for a while, I was looking for somewhere to put a small amount of money. Most of the NFT crypto chains are garbage, but Coinbase has Tezos. Tezos is a platform technology that supports NFTs and NFTs will start to be minted on Tezos. Like here: Among The World's Most Significant NFT Markets Will Soon Begin Minting On Tezos (XTZ). - Media News Ontario

This means that Tezos XTZ might have a big run up. It could also fail miserably and drop to zero, kinda like Bitcoin. Will it do the same, probably not. I figure it's worth putting a few hundred in there just to see. Heck I bought Tezos at 3.83 and it's in the $4.30s now and well within churn rate, but NFTs are going to be all the rage and Tezos is in the right place to catch it. In 6 months, I'll either look smart or stupid, but for a few hundred, it's worth the risk.