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Web3 isn't bad. But the Reddit founder is knee deep in NFTs which are basically as close to scam as possible. At least Amway tried to sell you tooth paste. The
by xunn0026 5y ago
Web3 isn't bad.
But the Reddit founder is knee deep in NFTs which are basically as close to scam as possible. At least Amway tried to sell you tooth paste. The NFT grifters are selling you nothing.
- vvpan 5y agoI think NFT buyers are fully aware of what they are doing. Most of the NFTs sold clearly come with no utility except a subjective feeling of "onwership" and the buyers are aware.
- xunn0026 5y agoYes, they are speculating. Shilling the space as the next revolution in the hope of getting rich by dumping the NFT onto the next 'investor'. This shouldn't stop us from judging the relevant 'thought leaders' which know full well what they are doing: getting rich on hype and letting the final buyer go broke. Reddit had / has some utility. NFTs are a money grab.