3 ms·
I call this the MLM approach. The more people you can scam, the more you use the size of your scam to pretend you're legitimate, while being a scam. "Look how
by LegitShady 6y ago
I call this the MLM approach. The more people you can scam, the more you use the size of your scam to pretend you're legitimate, while being a scam.
"Look how many people paid money for this/look how much money was paid for this, it must be worth that money! The actual efficacy of any product sold is secondary to the amount of money I've been paid"
I understand the 'tom brady rookie card' argument but it falls apart in the digital world. A digital image of Tom Brady as a rookie is worth nothing. A print of that digital image is worth less than cost of printing it. The value of the card is that its official merchandise of limited run with no way to create 'new' old cards.
Stop pretending NFTs are physical items, stop pretending they can't be infinitely reproduced.