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by Tansin A. Darcos 08/23/2022, 6:24am PDT |
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I said, "You might consider currency to be the original Non-Fungible Token; a representation of something valuable rather than the actual item." I was wrong; currency, even though it has a serial number, is obviously completely fungible; every €20 bill is the same as any other.
While it would not be on topic, a better example of an NFT would be a car title or the deed to a house. The title or deed only has value to the extent the item it represents has value (no two cars or houses/plots of land are the same).
If I'm still wrong, please try to explain it to me.
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