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Someone just bought a Florida home for $653,000 through an NFT sale
- keikobadthebad 4y ago> Karayaneva declined to identify the buyer Terrible timing to try to show you should buy a house with stablecoin. And because the buyer is unknown, there's no reason to think it's not a dog-and-pony show wash trade to impress the marks.
- quantified 4y agoSince code is law, I look forward to interesting thefts as this procedure is repeated. The only novelty really is the payment system, a wire transfer could accomplish that too.
- quantified 4y agoOr a new avenue for money laundering, or simple asset flight. If KYC is really part of the equation, what’s the point of crypto except that cashing out crypto requires someone buying in. Maybe that’s the angle, trade my crypto to someone else for something actually valuable, then I can cash that valuable thing out. A good way to escape the greater fool search.
- mwt 4y agoWorth pointing out that this is dated Feb 22, 2022, when things in this space were a bit different.