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Jeff's magic money machine
(midwest.social)
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this post was submitted on 24 Jul 2024
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The $20 bill has a unique serial number just like the nft.
It's even better because no one else can have that same bill at the same time.
There are some recent $1 notes where the same serial was issued twice.
https://www.mycurrencycollection.com/blog/1-2013-new-york-duplicate-serial-number-mistake
Still 2 different bills.
https://m.youtube.com/watch?v=A81DYZh6KaQ
I'll tell you why: because there's nothing with less value than an nft.
I just remember the day, as a software dev with a solid understanding of Blockchain, my older dev neighbor started explaining how NFTs worked
I thought he was confused or stupid or something.
"Wait, so like you have these super rare images, proof you own it on a Blockchain, and a link to the place they're all publicly hosted?"
Him: "Yep"
"And the only use for these right now is as a profile picture?"
Him: Shrug, "yeah, people use them for discord and stuff"
"But... Couldn't you just download the image and use it anyways?"
Him: "Yeah, it's all publicly hosted"
And it was about then my brain locked up. I did multiple hours of research later, sure I had to be missing something
You can buy medical debt, that has lots negative of value to the indebted.
..fair ๐
i believe the IRS would consider this a gift.