Non-fungible token • Cryptocurrency

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NFT stands for non-fungible token.

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It’s generally built using the same kind of programming as cryptocurrency,

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like Bitcoin or Ethereum, but that’s where the similarity ends.

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like Bitcoin or Ethereum, but that’s where the similarity ends.

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Physical money and cryptocurrencies are “fungible,” meaning they can be traded

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exchanged for one another.

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They’re also equal in value—one dollar is always worth another dollar; one Bitcoin is always equal to another Bitcoin.

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Non-fungible token • Cryptocurrency

NFT stands for non-fungible token.

It’s generally built using the same kind of programming as cryptocurrency,

like Bitcoin or Ethereum, but that’s where the similarity ends.

like Bitcoin or Ethereum, but that’s where the similarity ends.

Physical money and cryptocurrencies are “fungible,” meaning they can be traded

exchanged for one another.

They’re also equal in value—one dollar is always worth another dollar; one Bitcoin is always equal to another Bitcoin.

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