NFTs. Blockchains. Cryptocurrency. If you’ve been following the tech world these past few years – or even if you’ve been living under a rock at this point – you’ve likely encountered these terms being thrown around like they’re beads at Mardi Gras. These have been around for years, but their recent surge in popularity is deafening.

The realm of video gaming has especially felt the effect of their popularity, with plenty of talk surrounding the controversial topics. Epic games announced last month that they fully embrace the medium, while Steam has banned them outright. Ubisoft recently stated that they plan to shift focus to developing blockchain games, and EA’s CEO is quoted as saying that “play-to-earn” games are “the future of our industry.”

Before we can even debate the topic, we have to understand what we are dealing with here. Crytocurrencies are digital or virtual currencies which are secured…