3 ms·
When you’re paying 1m+ for digital „property“ that doesn’t produce income or can’t be leased or otherwise converted into income without selling it to the next s
by zhdc1 5y ago
When you’re paying 1m+ for digital „property“ that doesn’t produce income or can’t be leased or otherwise converted into income without selling it to the next sucker, is there any difference?
- jackvalentine 5y agoWell if you thought there was an intrinsic value in the object you wouldn’t be too sad to keep it in your “collection”. I dunno about this guy though.
- zhdc1 5y ago> Well if you thought there was an intrinsic value in the object you wouldn’t be too sad to keep it in your “collection”. I agree with you. There’s also a very legitimate argument for buying NFTs to support digital content creators. However, once you reach seven figures, you’ve reached a very exclusive level generally dominated by well known artists, with a market supported by extremely wealthy institutions and investors. There is almost no reason to believe that a Jack Dorsey NFT is worth seven figured absent what I listed above. This was speculation.