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Someone (possibly, as nothing here is certain) mined most of this worthless "NFTs". Maybe out of passion, maybe hoping to sell them to idiots, maybe just to spa
by globalreset 3y ago
Someone (possibly, as nothing here is certain) mined most of this worthless "NFTs". Maybe out of passion, maybe hoping to sell them to idiots, maybe just to spam Bitcoin's blockchain.
That's it. That all the conclusions to be had here.
The whole thing is a big nothing.
Idiots duped to pay for this stuff raised the floor for price of blockchain space from artificially low (due to still low adoption) to a more reasonable one (reflecting the value of global replicated censorship-resistant database). It doesn't change much in a great scheme of things. Some Bitcoin users are annoyed that Bitcoin transactions aren't nearly free as they used to, but it was always just a matter of time.
- nullc 3y ago> Maybe out of passion oh yeah, haven't we all had ones of those days where we get excited about something and spend thirty million dollars on transaction fees? :) (I don't disagree with the rest, but I am chuckling a bit at people wrapping themselves into pretzels trying to find ways to see it as potentially earnestly motivated...)