3 ms·
> In general terms, nothing has "intrinsic value" ...so how are NFTs any more unusual than anything else?
by chrisseaton 5y ago
> In general terms, nothing has "intrinsic value"
...so how are NFTs any more unusual than anything else?
- coldtea 5y agoIn that it's not just a snapshot of current "how much people pay to buy/sell" but also "how much is this item proven historically/able to maintain price/a good idea"... Like the proverbial tulips, NFTs don't fare well on the latter. Doesn't have to be a distinction between god-given naturally-occuring-intristic value vs worthless junk. There are also BS market fads.