Honestly I never bought that cryptocurrencies could remain unregulated long, there was just no reason for governments to want it to stay that way. It probably took more time for the regulator to catch up than I initially thought, but the writing was on the wall from day 1.
For NFTs; yeah, I see what you mean. And digital asset management don’t feel to me like it particularly needed that kind of disruption. Like, there isn’t significant business upside or value to my house title’s ownership being stored in the blockchain, rather than in my county’s private database like it is today. And since there wasn’t a reason for people to assign any perceived business value to the NFT vs the private DB record, therefore the NFT had no value, by definition. I could just never see it.
Honestly I never bought that cryptocurrencies could remain unregulated long, there was just no reason for governments to want it to stay that way. It probably took more time for the regulator to catch up than I initially thought, but the writing was on the wall from day 1.
For NFTs; yeah, I see what you mean. And digital asset management don’t feel to me like it particularly needed that kind of disruption. Like, there isn’t significant business upside or value to my house title’s ownership being stored in the blockchain, rather than in my county’s private database like it is today. And since there wasn’t a reason for people to assign any perceived business value to the NFT vs the private DB record, therefore the NFT had no value, by definition. I could just never see it.