NFTs The Truth (WHY I WON'T BE BUYING)

NFTs The Real Truth // Are NFTs legit or a scam? Let me share with you WHY I'm Not BUYING from an investment perspective. First off, lets talk about what are NFTs? Many artists and creators are using Non-Fungible Tokens to sell their digital songs, artwork, gaming add-ons, and we've seen #Beeple sell things at Christie's for over $60 MILLION dollars. Why is it so hot? And what's this got to do with Ethereum and the Blockchain? So should you be involved and where can you check out the activity? There are many websites such as Rarible, OpenSea, Valuables, Nifty Gateway. In this video I share:

- What you should do, if you're an artist or creator?
- What you should do, if you're a consumer?
- What you should do, if you're an investor?

Timestamps:
0:00 - Start Here
0:20 - 6.6 Million Dollar Bonus
1:36 - What Are Fungibles?
2:02 - What Are Non-Fungibles?
2:38 - Blockchain Explained
3:26 - Ethereum Explained
3:47 - Smart Contracts Explained
4:30 - Why Are NFTs Exciting?
4:56 - NFT Market Size Is Hot!
5:09 - Introducing Mr. J
6:40 - Some NFT Website Resources
7:18 - Will I Buy NFTs?
7:33 - Problem #1: Diluted Ownership
8:54 - Problem #2: Scarcity "Really"?
10:22 - Problem #3 - Digital Files Are Meant To Be Copied?
10:50 - What Should You Do

#NFTs #Ethereum #Beeple #nonfungibletokens

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On Bitcoins, Analysing Motley Fool's MISLEADING Article (This is PART 2):
https://youtu.be/HjbBx-S2Ybo

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This content is for education and entertainment purposes only. The channel DOES NOT provide investment or tax advice. The information discussed does not consider differing investment objectives, risk tolerance levels and might not be suitable for all investors. Past performance is not indicative of future results. Investments risk, including the possible loss of principal.

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