Frankly, it sounds a little desperate when the owner of a mostly empty office building opens itself to Bitcoin bids. After all, when the cryptocurrency can drop more than a third of its value in two months, just how much can you count on getting?
But focusing on a single would-be set of crypto transactions—or being entranced using a so-called non-fungible token, or NFT, to get a 75-year transferable lease on a co-living space in San Francisco—is missing the really big picture.
Tokenization, or splitting apart the value of some asset and then transferring the parts into crypto tech tokens, is where the real money will be made.
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