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This was a beautiful response that articulated my concerns on NFTs better than I ever could. Semi-relatedly, to your point about religion, Bitcoin, cryptocurre
by SwimSwimHungry 6y ago
This was a beautiful response that articulated my concerns on NFTs better than I ever could.
Semi-relatedly, to your point about religion, Bitcoin, cryptocurrency, whatever else falls under this umbrella, really does have a bizarre cultish component that I believe helps sustain its so-called "value". This is why we keep seeing shit about this on HN. Every. Damn. Day.
As I mentioned in another comment, retirement accounts, like the 401k I have, has some modicum of exposure to the zany world of cryptocurrency (see TSLA's BTC buy and that company is part of the S&P500). It's like I don't get a choice in the matter of whether or not I want to be tethered to this albatross. Sad but true.