NFTs

Have you heard about NFTs? People are spending millions on them.

I must cite Mitchell Clark’s Aug. 18, 2021, article on The Verge as a source of my own education. He broke it down nicely with a bitcoin vs. trading card analogy. Non-fungible tokens (NTFs) are something that is considered unique and cannot be replaced with something else. Bitcoin is fungible. If you trade bitcoin for bitcoin, you have the same thing. A one-of-a-kind trading card is non-fungible; if you trade it for a different card, you have a different card. Like many, I have heard about NFTs for months, but it took a really long car ride for me to dive deep. (I always learn new things in the car.)