It's Thursday today! Well uhm not really my fav of day but good thing is, the weather quite sunny here in the island. Dont think it's a perfect day to just being lazy on bed either. So, I decided to rolling on my ipad and started to dig more about this NFTs, Crypto and their other friends. Because to just have a degree isn't enough boo.. gotta dig more knowledge and being updated of what's popular now in the internet digital world. Don't want to be a cavewoman no more. I actually have some questions but let's discuss first.
First I started googled_ 'what is NFTs?'_ I mean what so special about that shit that makes people talk about it lately? Then I watched some videos on youtube because it is much easier for me to understand rather than read books. Chachababe is a good listener yall. So basically this youtuber guy says NFT stands for Non Fungible Token. Sounds complicated? Yes but actually not really. Let's discuss this in an easier way.
I'm not gonna use this fungible word because it sounds too smart for me. Chachababe more into simple things. So I will use replaceable instead, stands and meaning the same. Non replaceable means you can't replace it. It is only one. It is unique and special.
Still don't get it? Let me share this little knowledge I know to yall. This guy Jack Dorsey, a CEO of the bird app Twitter, he sells his first tweet which was in 2006 as an NFT for over $2.9million. Crazy? Yeah, it makes me almost vomit. I mean who the fuck wants to buy a fucking tweet? What for? Is this like a ticket to get you to enter heaven? This shit insane and cool at the same time. People like you or even I who still have 0 shit about this kind of world will not get it. I mean I can get a screenshot of the tweet from google. It's surely everywhere. Here is the thing. That bird app guy was probably bored and kidding when he decided to sell his first tweet as an NFT. But, there is a person who actually bought it.
I know what you guys think. We are probably questioning the same thing. First question, Why? Second question, still WHY? But this time all capital because this is just too crazy to me. As I said before we can find the tweet all over the internet but what makes it different is, we can't own it but we can own the NFT of the tweet itself. It is only one and it now belongs to the person who bought it from Jack Dorsey. That is NFT.
Need more easy and simple explanation? You got me boo. So basically NFTs are digital assets, including jpegs and video clips, that can be bought and sold, just like physical assets. And since theqy run on blockchain, a decentralized digital ledger that documents transactions, ownership and validity of each can be tracked. This is literally good news for digital artists. Where copyright still happens as an issue til this day. These artists can sell their stuff without worrying about it and make more money out of it. That's cool shit.
This shit is making me crazy. I hate numbers. I'm bad at math. But this time is an exception. Once I see $2.9m for a fucking tweet sold as an NFT, I'm like- WTF WTF WTF WTF. After I got this knowledge, I started to think. Should I be part of this NFT and Crypto gang? Where can I start as a new baby? Because I realize that I should have this smart way of viewing and calculating this thing, also a luck. But cool people can't just depend on luck. Yeah, I'm cool people. Also I can't wait to get my own pink barbie lambo. That is why I need some opinions from yall smart and cool people. Chachababe need some help.
