21 sats \ 2 replies \ @edulopesf 1 Sep 2023 \ on: What's "undervalued" right now that a Bitcoin standard will revitalize? bitcoin
If we are talking literally about art market, I think it will be the first to collapse as soon Bitcoin becomes the norm...
Mostly because artwork is widely used to moneywashing and to make it hard to define value from the government perspective.
If Bitcoin becomes the norm, this scheme will collapse since the will be no need for that...
Just a personal opinion...
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10 sats \ 1 reply \ @birdeye21 OP 1 Sep 2023
Maybe removing that dynamic clears the runway for real art with real PoW to prosper
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42 sats \ 0 replies \ @edulopesf 1 Sep 2023
I agree. We will know for sure what most people agrees and truly value as art.
I thin a very similar phenomenon might happen with jewelry.
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