{"id":14731,"date":"2021-09-02T18:53:43","date_gmt":"2021-09-02T18:53:43","guid":{"rendered":"http:\/\/ci028c2a56100025a2"},"modified":"2025-10-01T15:30:49","modified_gmt":"2025-10-01T20:30:49","slug":"how-do-nfts-compare-to-bitcoin","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/culture\/how-do-nfts-compare-to-bitcoin","title":{"rendered":"How Do NFTs Compare To Bitcoin?"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p><a href=\"https:\/\/www.youtube.com\/watch?v=dFegvg65aDo\" target=\"_blank\" rel=\"noopener\">https:\/\/www.youtube.com\/watch?v=dFegvg65aDo<\/a><\/p>\n<p><strong><a href=\"https:\/\/www.youtube.com\/watch?v=dFegvg65aDo\" target=\"_blank\" rel=\"noopener\">Watch This Episode On YouTube<\/a><\/strong><\/p>\n<p><strong>Listen To This Episode:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/open.spotify.com\/episode\/6VSUW8VM0n0FyMRAct6o8i?si=_UwRIcYjTEOCzQd089B_SQ&amp;dl_branch=1\" target=\"_blank\" rel=\"noopener\">Spotify<\/a><\/li>\n<li><a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2JpdGNvaW5ib3R0b21saW5lL2ZlZWQueG1s\/episode\/Yml0Y29pbmJvdHRvbWxpbmUucG9kYmVhbi5jb20vMDRmMmZkZWEtYmI1Yi0zMGM5LTg0MzYtMGMyMDBmYjQxODE0?sa=X&amp;ved=0CAUQkfYCahcKEwjQpK3g-uDyAhUAAAAAHQAAAAAQAQ\" target=\"_blank\" rel=\"noopener\">Google<\/a><\/li>\n<li>Libsyn<\/li>\n<\/ul>\n<p>This episode of \u201cBitcoin Bottom Line\u201d covered one of the cryptocurrency ecosystem\u2019s current hot topics: non-fungible tokens (NFTs). Hosts Steven McClurg and C.J. Wilson brought on Malibu artist and marketing associate at Valkyrie Annie Little to offer her perspective on the value of art. <\/p>\n<p>Is value objective or subjective? <\/p>\n<p>Little discussed the difference between traditional and digital art, and how the value of each is contingent upon specific variables. She addressed the high barrier of entry for traditional physical art, and how such pieces require external resources such as time, special instruments and materials, weight, the list goes on. <\/p>\n<p>\u201cYou have to get to know the material on a personal level. It has to become your third hand,\u201d Little explained. <\/p>\n<p>Then Wilson expressed that, to him, this is where the value lies.<\/p>\n<p>McClurg referenced \u201cBitcoin Bottom Line\u201d episode six by sharing the value of investing in art as a hedge against inflation. He went on to introduce opportunities that come with owning a piece of art, noting that \u201ca lot of wealthy individuals will diversify their portfolio by purchasing art.. It is not only an appreciating asset, but it can become an income-producing asset as well.\u201d<\/p>\n<p>Wilson shared how he finds it difficult to commit to purchasing other media of store value while he is so focused on bitcoin. <\/p>\n<p>\u201cYou worry sometimes that putting one dollar in the wrong bucket will cost you four or five dollars down the road,\u201d he said. <\/p>\n<p>He went on to explain how Bitcoiners get criticized for being too \u201cset in their ways,\u201d since it\u2019s the oldest cryptocurrency. However, he shared that \u201cthere is a success bias&#8230; if you have early success with something, you don\u2019t necessarily want to change too much\u2026 there\u2019s a good result here.\u201d <\/p>\n<p>Coming from the traditional finance sector, most of McClurg\u2019s portfolio used to be in bonds, but with inflation as a variable, he mentioned, \u201cI had to completely leave the thing I know best to focus on something else, which is digital assets.\u201d<\/p>\n<p>Now, \u201cdigital currencies like bitcoin are really where most of my focus is,\u201d he added. \u200b\u200bHowever, he shared that people should be investing in what they know best, and be betting on themselves. <\/p>\n<p>Closing out the interview, the hosts expressed their observations about how the younger generation doesn\u2019t seem as obsessed with excess consumerism as the generation before. McClurg shared how his son revealed to him this behavior through the lens of the rapid cycle of \u201cpopular\u201d Fortnite skins, for which Little blamed our shortening attention spans due to technology. <\/p>\n<p>Wilson closed out the interview with some life advice: \u201cTo have a successful mindset in life you have to have a long-term aspect. With all the fluctuations in life, you have to think, \u2018How do I keep this stable, how will I make this work?\u2019\u201d<\/p>\n<p>\u201cBitcoin is your chance to get off the hamster wheel, and once you get off the wheel you\u2019re free,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discussing NFTs, Bitcoin, whether value is objective or subjective and the importance of time preferences.<\/p>\n","protected":false},"author":2520,"featured_media":14732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[74,1845,1130,543],"class_list":["post-14731","post","type-post","status-publish","format-standard","has-post-thumbnail","category-culture","tag-art","tag-bitcoin-bottom-line","tag-nfts","tag-video"],"author_data":{"id":2520,"name":"Bitcoin Magazine","nicename":"bitcoin-magazine","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/bitcoin-magazine-logo.jpeg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/07_bbl_youtube.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/14731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2520"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=14731"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/14731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/14732"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=14731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=14731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=14731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}