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The elite/rich/etc don't like NFTs because they're a little too close to all the other ways resources are already being wasted (by them). Historically, criminal
by ergot_vacation 5y ago
The elite/rich/etc don't like NFTs because they're a little too close to all the other ways resources are already being wasted (by them). Historically, criminals who play the long game tend to dislike criminals playing the short game because the latter risks overturning the applecart for the former. If you've got a good scam going, the last thing you want is attention.
- md_ 5y ago> The elite/rich/etc don't like NFTs Really? Then who are the people spending $512,000 on “Mars House” (or $69,000,000 on a Beeple NFT)?
- ddek 5y agoEh, I work with investment fund admins, the rich have profited quite nicely off NFTs. In the past their portfolios were made of companies that... you know, do things; but now I see them with $500k of NFT minecraft tiles and they're more profitable than ever before and weep for humanity.
- secondcoming 5y agoIs it a tax avoidance scheme, like high-end art?