sk47
Well-Known Member
- Joined
- Nov 12, 2020
- Threads
- 32
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- Location
- North Eastern TN
- First Name
- Jeff
- Vehicle(s)
- Chevy Silverado & Nissan Sentra SE
- Thread starter
- #16
Hello; Thanks. I still do not like that so much electric power is being wasted.You are missing nothing. Crypto is just another form of NFT.... the problem creates a unique result, a bit coin. The block chain ensures no duplication. If something is unique, somebody will pay for it with the expectation it will increase in value. The problem is that it only has value if somebody is willing to pay for it. It has no underlying value. The major attraction of crypto is transactions are extremely fast with no footprint and can't be traced. But, that is changing. Once transactions become tracked like your credit card or Paypal account it will lose value quickly.
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