Wednesday, December 28, 2022 1:00:51 PM
Most are aware of the current Crypto debacle that is taking place , which has shed a dark shadow over the "Crypto World" which the NFTm
is a part of. The "FUDsters" are out in Full force slamming the Crypto market and its Concept as the "Deep Pockets" are Scooping.
But imo this criminal FTX story will go through the wash, and there will be this miraculous rebound.
The NFTm is mostly Ethereum based (ethereum.org) and imHo will Thrive into the Future _ And Why would I say that ? -
I say it because the NFTm is FUN & Backed by HARD TANGIBLE ASSETS (HTA's)
The NFTm affords a very wide variety of HTA's from baseball card collections to Real Estate on the Moon ( not so much a Joke anymore with each passing year)
A properly structured NFT market with proper oversight, blockchain and ethics will allow these HTA's to grow the value of the market over time
Participants can range from the Individual to the Giant investors
The US $ " NOT based on commodities (gold, silver or even other less obvious commodities such as wheat or oil) but rather on securities exchanges, especially government-sponsored ones."
"Another way of understanding it is that the U.S. government essentially promises that the dollar is worth what it says it is."
https://www.sapling.com/5436351/dollar-backed
The Current administration in Washington is Reckless and hammering the World Economy, Investors are seeking HTA's and a properly
run NFTm is going afford those to them
My $0.02 says _ Go Long and then Go Longer
All jmHo
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