At first glance I thought NFT's were just a strange spin on the art world and a cash grab or possibly even some stretch of the concept of a ponzi scheme. And maybe those things are also true. But then I took a few steps back and a few more steps back.
For many years I have said that the central banks would never allow cryptocurrencies to become popular and if they did, they would destroy them or find a way to control them.
Fast forward to today. Cryptocurrencies are becoming popular and suddenly NFT's appear. People are jamming blockchains full of copyright theft and profiteering from it. The items can't be removed from the block chain so the only logical move would be to shut down any exchanges that are using the same blockchains used by NFT's. Simultaneous to this I see some big banks contemplating creating their own cryptocurrencies / blockchains.
Am I stretching the lines to connect the dots? Should I switch to decaf?