In a tweet to his 1.4 million Twitter followers, Paul Graham has spoken out against NFT hate. Graham is an English-born American computer scientist, essayist, author, entrepreneur and venture capitalist.
Now, the famous thinker advocates the many uses of Non-fungible tokens (NFTs).
Paul Graham insists that those who look upon NFTs with disdain and mockery will look like fools in the future. He stated, “NFTs can be used for so many different things. You’re inviting history to make a fool of you if you dismiss them… I’d never dare to say that all possible uses were [bogus].”
What are the NFT uses that Paul Graham talks about?
For many people, looking in without doing research, it is easy to think that NFTs are just jpeg images. However, there is so much more utility in NFTs than simply images.
Paul Graham is very vocal about the possibilities of NFT usage. Additionally, NFTs are already solving several problems across a broad range of industries. These include groundbreaking NFT medical patents, logistical use, authenticating products, identification, certification and documentation.
Meanwhile, more and more people are continuing to enter the NFT space and learn about this fantastic technology. As the space grows, many wonderful opportunities to use NFTs for different purposes will arise. It is undoubtedly an exciting time for the NFT space and the people involved.
Furthermore, it is great to see someone like venture capitalist Paul Graham speaking positively about it.
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This article is educational material.
As always, make your own research prior to making any kind of investment.
