Learn more about crypto with this collection
The impact of opportunity cost on personal and professional life
Evaluating the benefits and drawbacks of different choices
Understanding the concept of opportunity cost
What Are They?
NFT stands for non-fungible token.
"Non-fungible" means it's unique and irreplaceable.
Popular tech website The Verge explains it well. Basically, it says, a Bitcoin would be "fungible" because if you traded one coin for another, you'd have the same thing.
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170 reads
MORE IDEAS ON THIS
No Middle Man
Think about your life at home. You probably use a bank. That bank is basically the middle man between you and whoever you're sending money to.
A blockchain cuts out the bank. The blocks form a transparent, digital ledger that everybody can see.
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97 reads
What Are The Possibilities?
For instance, let's talk about real estate. Houses aren't digital. They're physical. But, could a real estate transaction happen in NFT form? Experts say...yes.
Million Acres ...
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87 reads
CURATED FROM
CURATED BY
Love learning new ideas that help me grow mentally. Boy mom and spoiled wife. Living our best life.
When I retire will this be how financing property will be done? Part B of retirement? Financing property with my crypto?
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More like this
What the heck is an NFT?
Non-fungible token.
That doesn’t make it any clearer.
“Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same t...
What is an NFT?
NFT stands for Non-fungible token.
- cannot be exchanged/replicated/replaced because they are unique.
- allows you to buy & sell ownership of unique digital assets.
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