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Demetri Kofinas on 'Financial Nihilism'

Barron's Advisor

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Is There a Difference Between a Physical and a Digital Asset?

An english artist has a new project called the currency. He created ten thousand physical pieces of art, which are designed to somewhat mimic an actual currency. And people can pay two thousand dollars and get one of those nfts. But at the end of 12 months, whichever one you don't choose, he's going to publicly destroy. If you want to keep the physical art, then the corresponding an f t is going to be burned.

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