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Author Topic: Bitcoin vs Bitcoin NFT: What is the difference?  (Read 119 times)
bitcoinnftorg (OP)
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April 14, 2021, 05:40:05 PM
 #1

Both Bitcoin and Bitcoin NFT are digital assets.
Bitcoin is digital gold.
Bitcoin NFT is digital art.

Bitcoin NFT grew out of a desire to create a digital asset that could operate independently of regulators.

There are reports that regulators around the world are exploring outlawing Bitcoin. Moreover, there is a good probability Bitcoin could be outlawed, similar to when the U.S. government made it illegal for individuals to own gold (the Gold Reserve Act of 1934).

Bitcoin NFT can not be outlawed. It is not possible for regulators to make it illegal for individuals to own art. Therefore, it is not possible for regulators to make it illegal for individuals to own Bitcoin NFT.

You can learn more here:
https://bitcoinnft.org

boyptc
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April 14, 2021, 08:53:33 PM
 #2

Bitcoin has been established and it's growing based on the adoption and fundamentals that are being accepted by not only individuals but institutions.

NFTs are like the early days of ICO. But this is a very good thing for the art makers to showcase their talents by selling them through NFT but we don't know how long the sensation could last.

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April 14, 2021, 09:15:39 PM
 #3

both have an important role today, plus Bitcoin NFT makes our rights legally protected and accountable.
eligible to be included as one of the personal copyright claims on the presence of the NFT. because then the sole proprietor can have full rights over what he has with the results of his efforts so far.

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April 14, 2021, 11:43:25 PM
 #4

Both Bitcoin and Bitcoin NFT are digital assets.
Bitcoin is digital gold.
Bitcoin NFT is digital art.
It unacceptable to compare Bitcoin with another cryptocurrency (which are nearly shitcoin)not even token of these days which are hype base.

There are reports that regulators around the world are exploring outlawing Bitcoin. Moreover, there is a good probability Bitcoin could be outlawed, similar to when the U.S. government made it illegal for individuals to own gold (the Gold Reserve Act of 1934).
Bitcoin can not outlaw by the government, they can only do that to something they have control over and the last time I checked they have tried it once but they failed.

Bitcoin NFT can not be outlawed. It is not possible for regulators to make it illegal for individuals to own art. Therefore, it is not possible for regulators to make it illegal for individuals to own Bitcoin NFT.

They can outlaw BitcoinNFT once they stop the operation of BitcoinNFT crypto automatically they have stopped art.

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April 15, 2021, 12:41:21 AM
 #5

Why own an NFT version of Bitcoin if Bitcoin is already a non-fungible?  Huh
Just own a literal Bitcoin and use it or hodl it within your wallet, then it's good now.
I don't think, NFT is applicable for Bitcoin itself or in other cryptocurrencies.

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April 15, 2021, 12:53:48 AM
 #6

It is not possible for regulators to make it illegal for individuals to own art.

Based on what? There are certain kinds of art that are illegal to possess in most countries today.

Anyway, an NFT is not the thing that it represents. An art NFT is not art.

So, go ahead and sell your NFT Bitcoins. They are shitcoins and only fools will buy them.

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April 15, 2021, 01:02:21 AM
 #7

I'm not really sure what this project is all about. It's some sort of airdrop where the private key is hidden inside NFT art. It looks borderline scammy. The art is just very generic looking and I doubt it would have significant value. As long as there is no cost in acquiring one of these NFT's then I am all for you giving away as much bitcoin as you want.

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