NFTs and cryptocurrencies

Book - 2024

"Both nonfungible tokens (NFTs) and cryptocurrencies are relatively new forms of digital assets that are built on the blockchain, and both have been heralded for their potential to change concepts of ownership and finance respectively. However, there are also many concerns about the legitimacy and security of NFTs and cryptocurrencies. Because NFTs and cryptocurrencies exist exclusively in the digital space, some argue that they have no real value and are particularly vulnerable to scams. Some also express concerns about their lack of regulation and potential role in crimes like money laundering. However, proponents of these digital assets assert that they create more democratic methods of investment, since anyone can buy NFTs and cryp...tocurrencies, and they are not controlled by a central authority. This volume explains this complex topic and offers various viewpoints on the benefits and disadvantages of these assets"--

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Subjects
Published
Buffalo, NY : Greenhaven Publishing 2024.
Language
English
Edition
First edition
Physical Description
176 pages ; 24 cm
Bibliography
Includes bibliographical references and index.
ISBN
9781534509627
9781534509610
  • Are cryptocurrencies a positive development?
  • Are NFTs a positive development?
  • Are cryptocurrencies and NFTs transforming the world for the better?
  • Will cryptocurrencies and NFTs be widespread in the future?
  • For further discussion
  • Organizations to contact.