Knockoff

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CC BY-NC-SA 4.0 License. Comic Transcript

A: OK, fine – the practical example you gave for NFTs doesn’t actually represent what people mean when they talk about NFTs today, and NFTs today are on the Etherium blockchain, not Bitcoin. But what ARE they?

B: They’re a way to create artificial scarcity out of digital files.

A: Artificial what?

B: Scarcity. Artificial scarcity.

A: Aren’t NFTs “non-fungible?” Based on your...