The Dutch Tulip Mania of 1634 to 1637 is considered a prime example of overheated financial markets: just before everything collapsed, you could supposedly even buy a nice house in the Netherlands for the price of a tulip bulb.
Comparable bubbles in modern times include the DotCom bubble of 2000, the subprime crash of 2008, or even the crypto crash of 2018. And now many are talking about a similar bubble again when it comes to so-called non-fungible tokens (NFTs).
This ignores the fact that behind the buzzword NFT stands an extremely promising concept and technology, similarly to a Kraken trading robot, for the future of the online world.
Non Fungible Tokens
A Non Fungible Token is a “non-replaceable” digital object on a blockchain with a unique ID. That is, the origin and current ownership of an NFT, which by definition is unique, are visible on the blockchain. Moreover, an NFT can contain any type of media and files as well as software code.
In contrast, digital currencies such
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