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Bitcoin vs Bitcoin NFT: What is the difference?
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.
What Are NFTs?
NFTs, or non-fungible tokens, are digital objects created on the blockchain. They are unique digital objects that can be cool to own or even profitable to trade. Think of them as digital collectible cards.
The NFT market is fueled by digital art and collectibles. People have figured out that a unique, digital object can be interesting, cool, and even have a significant monetary value (for example, an NFT recently sold for $69 million).
What is Bitcoin NFT?
Bitcoin NFT is a digital asset. It is a collage of 1,000 unique, one-of-a-kind artworks made by anonymous artists globally.
Bitcoin NFT was inspired by Satoshi Nakamoto's original vision of Bitcoin.
Nakamoto created Bitcoin on October 31 2008. Its initial price was less than a penny. Similarly, Bitcoin NFT was created on October 31 2019 by pioneers in the Bitcoin community. Its initial price was also less than a penny.
Bitcoin NFT contains a private key hidden within the artwork. Find the private key and collect the bitcoins!
This is your
opportunity to be among the first to participate in one of the largest
art projects in history.
Bitcoin NFT with Proof of Ownership Stored on the Blockchain
Bitcoin NFT is a digital asset.
Each NFT can be officially owned by a single person on the blockchain.
27,600 x 27,600 pixels (434,541,515 bytes JPEG)
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