Conventional money is something you can physically touch.
We've been moving bit by bit to a cashless society.
You can go a whole lifetime now without ever physically handing cash. It's all just digital ledgers interacting with digital ledgers now.
What was once considered non-conventional...
Clubs are moving in this direction to bring in the younger fans. The fans overseas.
It's a world game. The things that are important to you are probably not important to our ever growing world wide fan base.
As you mention digital tickets, to the younger fans these are a very simple thing to...
That's fine. There's plenty more work to be done in the space to show people how things work and why it has it's place in different sectors.
Anything in its infancy will always face such push back from traditionalists.
I don't invest in NFTs personally. I will use them though as a practical...
You aren't locked into a device. You can be locked into a digital wallet that others can't access.
The real world has already moved in that direction. Apple Pay, Google Pay etc.
Because your perfectly liquid exchangeable currency isn't accepted to take part in those clubs promotions. Up to you if you want to take part in it.
No, they can go up and down. Like all asset classes.
Well you'd buy an NFT from the club, or they would airdrop them to select fans. If those...
You can't counterfeit an NFT ticket. They are also far easier to track where they have come from.
It's easy to hand over a paper ticket. Hell of a lot harder to transfer an NFT.
Take part in competitions/promotions. Also allow fans to take part in club decisions, to take part in a vote on something.
A Governance aspect of the token.
I'm saying like anything in this world if something has potential to make money it's big business who will ultimately own and control the largest part of it.
The fixation on NFTs simply being digital art shows that this isn't in any way an educated crowd on the subject.
There's plenty more...
Yeah they function like a raffle ticket or a business token to take part in promotions.
The irony that business/shop tokens have been around for hundreds of years will be missed by many.
Oh dear. USB?
The technology is far too complicated for you to understand I'm afraid.
So a scenario that's already happened is "frankly ludicrous" to you because again you don't understand it.
So because such things are already happening this court ruling declared them a security along...
Governments can make your plain old normal currency worthless. They can also dictate what you can and can't spend your money on.
With the rise of the CBDCs narrative people need to wake up to where Governments are pushing their power and influence towards.