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• Economic for all competitive exams Decoding the Future of Money: Keynes meets NFTs Why do we hold onto cash when we could be investing it? And why does a "Bored Ape" or a digital sword have value if it’s not "fungible"? In this video, we break down the high-level concepts of Keynes’ Liquidity Preference Theory and apply them to the modern world of Fungibility and NFTs. Whether you’re an economics student or a crypto enthusiast, this is the crossover episode you’ve been waiting for. 🔍 What’s Inside: Keynes’ Liquidity Preference Theory: We explore the three reasons people hold cash: Transactions Motive: Day-to-day spending. Precautionary Motive: The "just in case" fund. Speculative Motive: Waiting for the "right time" to buy assets. The Concept of Fungibility: What makes a dollar bill different from a 1-of-1 painting? We explain why fungibility is the backbone of traditional currency. The NFT Revolution: How Non-Fungible Tokens (NFTs) create "digital scarcity" and why they are the ultimate test of the Speculative Motive. The Synthesis: How liquidity—or the lack thereof—impacts the price of your favorite digital collectibles.