Altcoins News
By Steven Anderson
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With Cryptocurrency you need to make sure that you learn about the fundamentals first, take action later.
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Litecoin Foundation expressed, regardless of price, Litecoin will continue to have 100% uptime, be transparent, offer incredible speeds, be censorship resistant, provide store of…
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Charlie Lee has unshakable confidence on LTC. Looking back in to Charlie Lee’s attitude towards LTC through years and yes his unhappy attitude towards NFTs:
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If Bitcoin is very similar to gold, Litecoin is very similar to silver. When can I buy a Tesla with Litecoin?
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I see a lot of parallels between 2021's NFTs with 2017's ICOs and 2013's altcoins: - easy to create new ones with no barriers - simple to understand & explain - brings tons…
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I want to add a clarification. I’m not saying that the digital artwork takes no effort and time to create.
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But know that if this is profitable, nothing stops me from flooding the market with other Chikun tokens or even an identical Powered Chikun token. So buyer beware.
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With all that said, I’m willing to be proven wrong. I created a unique NFT with my profile pic.
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Very obvious that Charlie Lee has no clue as to what makes NFT very valuable.
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He also previously pointed to how, NFTs, on the other hand, create artificial scarcity. Because of the near zero cost to create another NFT, the market will eventually be flooded…
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Unlike NFTs, real world art is not zero cost. It takes effort and time to create a piece. This is effectively Proof of Work.
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The problem with NFTs is that they are Non-Finite Tokens. There is zero cost to create unlimited number of tokens. Sure, Justin Roiland's NFT is unique and awesome.
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