Are NFTs going to take over for Cryptocurrency?

[Kennysplash]

Right now I think the hype around nft has died down a little bit. I don't believe it is one that can actually rival cryptocurrency in any way as we have seen recently.

 

[Emmy]

Nft is a digital asset that is not exchangeable for another currency because it's a non fungible token but crypto currency is a fungible currency that can be exchanged and traded.

 

[Riberet19]

The Nfts are one more product that can be created thanks to Blockchain technology nothing to do with surpassing cryptocurrencies, they also have totally different functions, I think both will act in different ways even if they work with the same technology.

 

[Yohanna]

It is practically impossible for the non-fungible token space to replace the cryptocurrency because they have different functions and they are used for different purposes .

 

[Jonaville]

Do you guys think that NFTS are going to end up taking over for cryptocurrency as we know it? I don't know a whole lot on NFTs, but it sounds like it combines crypto with digital items. I don't know whether or not they're going to succeed or not, but I feel as if NFts are going to fail, in turn causing more issues with cryptocurrency. What do you guys think though?

NFTs are going to be very popular in the world but they can never take over cryptocurrency. There are many things that you can use cryptocurrency for but you cannot use NFT for.

 

[Heatman]

As far as I'm concerned, NFTs are scam. There's nothing anyone is going to be tell me that's going to change my stance on the token. Some years ago, NFTs was so popular that it looked like Cryptocurrency went under its shadow but what's happening today? NFTs have been fading and a lot of people who invested in it have lost their money.

 

[Ja Sa Bong]

It won't be too long, we will stop hearing anything about NFTs soon. As we have seen, NFTs are seen as scams and it's why it cannot replace cryptocurrency. I haven't heard much about NFTs recently compared to how it used to be popular on every social media few years ago. It's over for NFTs because most people don't consider it.

 

[Heatman]

NFTs are going to be very popular in the world but they can never take over cryptocurrency. There are many things that you can use cryptocurrency for but you cannot use NFT for.

The funny truth is that NFTs are even no longer popular the way they used to. It's like the dip in cryptocurrency took its own shell shock effect on NFTs but that's not really what's happened with NFTs. It's their value fixation that's the rise and all of NFTs. When it's the owner of an NFT that decides on its worth, it's never going to be reliable.

 

[Good-Person]

The funny truth is that NFTs are even no longer popular the way they used to. It's like the dip in cryptocurrency took its own shell shock effect on NFTs but that's not really what's happened with NFTs. It's their value fixation that's the rise and all of NFTs. When it's the owner of an NFT that decides on its worth, it's never going to be reliable.

I think that NFTs are popular among artists and many digital content creators. This also includes many platforms such as Open Sea and Rarible. There are still many artists and content creators who create artwork and use NFTs. So, it is mostly popular when it comes to that particular sector.

 

[Heatman]

I think that NFTs are popular among artists and many digital content creators. This also includes many platforms such as Open Sea and Rarible. There are still many artists and content creators who create artwork and use NFTs. So, it is mostly popular when it comes to that particular sector.

Definitely, there will always be some people who are still going to invest in NFTs. This can never be eliminated and that's why we still see people who invest in ponzi scheme, HYIP, MLM businesses etc. There will be those who will never believe that the days of NFTs is gone.