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They are just the new ponzi scheme, the new penny stocks, the new internet scam. I dare anyone who claims to believe in NFTs to put their entire net worth in NF
by snarf21 5y ago
They are just the new ponzi scheme, the new penny stocks, the new internet scam. I dare anyone who claims to believe in NFTs to put their entire net worth in NFTs and put that into escrow for 10 years. The crypto eco-system is mostly about scams. It was interesting tech but it should just be outlawed at this point.
- tata71 5y agoSo....you don't want an NFT for the deed to your house, instead of having to pay gobs of money to do a "search" for other people that might hold a copy of the same paper and be making claims with it? Or an NFT of your shares of stock, so they can't be tampered with, or sold twice in short-sales, etc? Do you really think cryptocurrency/cryptography nerds are into this technology for the jpegs?! It's the underlying tech that's valuable — the jpeg art is just noise.