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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.
(markets.businessinsider.com)
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this post was submitted on 21 Sep 2023
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Sure, but some systems are way more stable since they are established and have the general trust of a lot of people. And others simply don't have that wide ranging trust and as such aren't stable.
That's why I trust money issued by a government. Because even if individual politicians are evil and useless, the money is still backed by bombs and bullets a huge amount of infrastructure and tangible assets.