NFTs, Bitcoin Building Portfolios in Emerging Markets
By definition, NFTs are not interchangeable with other tokens (hence the term "non-fungible"), whereas a Bitcoin can be equally traded for any other Bitcoin without distinction.
- By definition, NFTs are not interchangeable with other tokens (hence the term "non-fungible"), whereas a Bitcoin can be equally traded for any other Bitcoin without distinction.
- While Bitcoin will only be a digital currency, NFTs are more versatile as they can represent anything digital.
- So why do NFTs move along with Bitcoin when so differentiated from the quintessential cryptocurrency?
- Square has invested millions of dollars buying Bitcoin and makes it possible for customers to buy/sell Bitcoin as well as accept fractional payments in the crypto.