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If that's what's happening, why are most of the Twitter-famous whale collectors completely anonymous? Granted, it's probably happening to some degree amongst t
by dorkwood 5y ago
If that's what's happening, why are most of the Twitter-famous whale collectors completely anonymous?
Granted, it's probably happening to some degree amongst the rubes. But I'm more convinced by the argument that the main driver behind NFT sales is a kind of pyramid scam: artists at the top get paid by anonymous "collectors" (read: crypto investors), which causes swarms of smaller artists enter and the price of eth to go up.
- podgaj 5y ago>If that's what's happening, why are most of the Twitter-famous whale collectors completely anonymous? Because it is an easy way to launder/hide money?
- LegitShady 5y agoTo pump the speculation scam.
- 5560675260 5y agoThey are not anonymous, they are pseudonymous, that's a very different thing. This allows them to participate in communities and engage in posturing with an added benefit of being able to dump their online persona if something goes really wrong.
- Nowado 5y ago> Twitter-famous (...) anonymous Now, I'm not agreeing with parent comment in sentiment that this is all, or most, of what's happening (although introducing scarcity for the sake of it has to be related to creating perceivable value through inaccessibility), but if someone is twitter-famous, they are not anonymous. They are twitter-famous. There's nothing stopping one from identifying strongly with their handles or wallets.