Eventually, NFTs will represent a great deal more than just JPEGs on our computers. It will have ties to all real world assets.
This is our real trojan horse. I don't know how it will begin, if it hasn't already, but once NFTs start getting into things like car titles, deeds, birth certificates, the stuff we register via government we'll see things start to happen fast, but I wonder how it will manifest.
There was nothing that stopped me from using Circle Pay or Cash app for my banking or financial needs, but one isn't just going to upload their newborn's birth certificate to Facebook META Baby Registry and call it a day while Uncle Sam bows out gracefully.
How do you think this could play out on the ground this time around? Obviously, the courts are about to get even more congested with cases to be made, but what are some of the cases that are likely to get big wins or losses history will remember?
Will a citizens challenge taxes for services the government is charging for even though we're getting them cheaper elsewhere?
Will it be a business that gets a service blocked because it competes with government?
Who will be impacted first?
You bring up a lot of questions that creating some interesting mental gymnastics. We could get into the philosophy of what will take place and it would be interesting. The reality is that it all will be different no matter how it unfolds.
The bottom line, to me, is people will have more options. That is what will radically alter the power structure we all suffer under.
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