>>16636585Cryptocurrency works by using the blockchain which is a decentralized database (has no owner, is spread everywhere) of shit. It works as a currency because it makes it so you can't fake owning some of it (it uses complex math shit to make sure the "proof" is unbreakable)
From how I understand it, NFTs are similar proof that you own something. The something is symbolic, but it's usually a piece of artwork. It's really nothing more than a receipt that nobody can steal from you, and any perceived value arises only from the fact that this particular receipt was sold to you by the artwork's artist.
I'm really not into that shit whatsoever so I might be mixing some things up.
