3/28/2021

Headline, March 29 2021/ ''' '' US $ 2,000,000,000,000 '' ''' : !WOW!


''' '' US $ 2,000,000,000,000 '' ''' :

 !WOW!



WITH ALMIGHTY GOD'S BLESSINGS : If the Heroic Global Founder Framers and the students of the world continue to come together and digitize everything on The Ecosystem 2011, you will create wealth to the tune of US$ 2,000,000.000,000 by 2035.

EVERY PENNY belongs to the students of the world. All in Trusteeship of your own elected representatives and under the ever watchful eye of an International Committee; but all and ever approved and Vetoed by the Heroic Global Founder Framers.

! SO YOU ALL ! : Great and Progressive and honoured students arise and shine and take the world and mankind forward in a manner and style that the world has never known.

FOR THOSE SCREAMING THEIR HEADS about the latest tech phenom called non-fungible tokens, NFTs, I have one simple sentence to explain it all : Everything that can be digitized will be digitized.

It was the same explanation I gave, as the Internet first went commercial in the early 1990s, when I started writing about the nascent medium. I was often asked the same questions by people who often thought of it fad : And why would I use it.

EVERYTHING, I answered, to the first question. All knowledge. All communications. All entertainment. All movies. All commerce.

To the second question, well, my answer was usually : Whatever.

With NFTS, we've come yet another step closer to fully digitizing our lives. Like the Internet, they're complex, but in the simplest terms, they are digital files that are stored using technology called blockchain, which is essentially a digital ledger.

But unlike cryptocurrencies, including the well-known Bitcoin, NFTS are not interchangeable with one another, because of their unique digital assets as well as important digital authentication that marks ownership.

The easiest analog comparison many make is to baseball cards, some of which are valuable and some not.

Anything that someone might find valuable that can be digitised can become an NFT - and be sold in any of the many crypto market places. This includes video clips of sports, events, tweets to photos and even things like rights to front-row seats at concerts.

NFTS have shown their utility most prominently recently in the art world, where people are paying enormous sums for the rights to ''own'' things; like a one-of-a-kind GIF to the famous Nyan Cat or a whimsical and often puerile collection of digital art images made by popular graphic designer named Mike Winklemann, who goes by Beeple.

When his ''Everydays : The First 5,000 Days'' sold for close to $70 million in cryptocurrency to a cryptodude in an auction at Christie's this month, NFTs decidedly went mainstream.

Fans hailed the sale as proof that the sector would now climb to the heavens, and detractors speculated that this had to be seen as some kind of digital Ponzi scheme that would soon collapse upon itself.

Neither is true. The point of the Christie's sale was far more anodyne; perhaps the trend is more akin to the explosion of the very first websites.

If you can believe it, there were only about 130 in mid-1993, such as the Trojan Room Coffee Machine [what it sounds like] and Bianca's Smut Shack [what it sounds like], before sites like Yahoo and Google appeared.

It's hard to imagine the web this way, but the immensely valuable Google is still just a website like all the others, except that it managed to leverage the Internet to build a business now worth close to $1.4 trillion.

Thus, much of the way companies like Google brought more people online by making the web easier to use, NFTs could open a huge consumer gateway to cryptocurrency transactions, which have been largely limited to investors making speculative financial bets.

One of the big complaints about cryptocurrency is that you can own it and watch its value rise and fall, but most people can't and don't use it for transactions. NFTs offer the average person a real reason to final use cryptocurrency.

And in what is a major improvement over the crypto market's many middlemen, NFTs will accelerate the trend of allowing creators to have more direct relationships with their fans, as well as enable them to participate in the longterm value of their creations.

Welcome to Sam Daily Times : ''The Voice Of The Voiceless'' and The World Students Society - for every subject in the world and the Master Ecosystem 2011.

The Honor and Swerving of the Latest Global Operational Research on The Future, Planning and Hardwork, continues. The World Students Society thanks author Kara Swisher.

With respectful dedication to the Heroic Global Founder Framers and your future leaders : Rabo, Dee, Haleema, Zilli, Zainab, Lakshmi [India], Saima, Sahar, Dusyarn [Malaysia], Hussain, Ali, Vishnu [India]. Shahzaib, Salar, Bilal, Jordan, Sanan, Zaeem, Hamza, Danyial, Ibrahim and Toby [China] -

Little Angels : Maynah, Maria, Hanyia, Eden, Merium, Mustafa, Mujtaba, Saad, Daud, and Sofia and then every student of the world. See Ya all prepare and register for Great Global Elections on The World Students Society : wssciw.blogspot.com and Twitter - !E-WOW! - The Ecosystem 2011 : 

''' Digital's - Dreams '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless

0 comments:

Post a Comment

Grace A Comment!