3 ms·
Show me who is spending $1M on a sticker thinking they'll double the money?
by nr2x 5y ago
Show me who is spending $1M on a sticker thinking they'll double the money?
- nyokodo 5y agoPlenty of other things have been the subjects of irrational exuberance that are fundamentally fine. No one is arguing tulips or houses are ipso facto nonsense. $1M for an NFT is more of a symptom of insane/desperate global monetary policy but NFTs per se are fine.
- perrylaj 5y agoDo stamp collectors qualify?
- nr2x 5y agoIf they think stamp collecting is a way to get rich quick, sure. But I think passion for the topic is the driver. That and actual scarcity behind the asset, as opposed to Ponzi scheme.