Great Britain announces a plan to mint NFTs through the Royal Mint in a bid to ‘lead the way’ in the increasingly digital economy
I have no understanding of what an NFT is all about …and I only understand the basics of Blockchain Decentralized technology BUT I like the sound of this out of Great Britain.
Sounds like they want to regulate Bitcoin and Blockchain technologies and sounds like they are afraid of the new Decentralized Internet which is in the works and they want to get ahead of it all and be able to regulate it. This is a lot better than seeing them shut down alernate financial instruments and herd everyone into Central bank Digital Currency. NO opportunity to control us with Social credit if there are alternative ways to store wealth.
I bet the Financial Authorities are scared shitless of the new Decentralized Blockchain Internet in the works because as I understand it they will NOT be able to control it !! BECAUSE it is Decentralized .
Should be interesting…lets keep our eyes open for developments
Am I reading this correctly ?
Check this out:
https://www.benzinga.com/money/celebrities-that-own-bored-ape-yacht-club-nfts/
Well WTF are we doing in Gold…Bored Apeshit is where it’s at
who knew ?
sheesh
Web 3.0 is already getting traction, with more projects being launched daily.
Web 3.0 is decentralized, and cannot be shut down. There are no gate keepers. No intermediaries. No bank-sters. No influencers. No government!
DeFi (decentralized Finance) on a Web 3.0 protocol is a central planners nightmare.
I do not think UK issuing NFTs (to gain some control) is going to make any difference. Reason: NFTs are already traded on DeFi.