5 ms·

Sweet, can I mint these as NFTs? I don't know how to multiply 43252003274489856000 by 50 USD but I think it could make me a lot of money, and I like money.

• HPsquared 2mo ago
  That's more money than there is in the universe, I think you're onto a winner here!
  • sail0rm00n 2mo ago
    If we can capture even 1% of the market…
  • hahahaa 2mo ago
    You only need to sell one at $50, then market cap does the rest and you are boundlessly rich.
    • philipallstar 2mo ago
      And then countless politicians will blame you for not paying for everything out of your market cap.
      • anticorporate 2mo ago
        More like countless CEOs will claim that having to pay taxes on that wealth will destroy society, despite no jobs being created to make the product and the product itself have zero value to society.
        • philipallstar 2mo ago
          Well yes, you shouldn't pay tax on that, and it would cause huge problems. If your house increases in theoretical value should you pay tax on the increase? Or only when you sell the house?
          • anticorporate 2mo ago
            > If your house increases in theoretical value should you pay tax on the increase? You do understand this is exactly how property taxes work, right?
      • hahahaa 2mo ago
        Yes I want to be a billionaire when it comes to: * Public image * Borrowing power * Atttacting investors But a pawper when it comes to: * Paying tax
        • philipallstar 2mo ago
          Then why do they pay so much tax? Top 1% pay 50% of the tax or whatever, and some of that other 50% of tax is actually just the public sector paying tax back, it's not a net contribution.
          • hahahaa 2mo ago
            Well top 1% make most of the money so that makes sense. Need deeper analysis. What about top 0.01%? The other 50%... those people are working!!!! Can't avoid paying people unless we go back to slavery. Regardless it is one of the rich tricks to borrow against unrealized gains. And other shenanigans.
• thih9 2mo ago
  In case someone is curious, NFTs were tradeable tokens popular for a short while in the early 2020s. > Initially pitched in 2017 as a new class of investment asset, NFT trading increased from US$82 million in 2020 to US$17 billion in 2021. Its market was occasionally compared to an economic bubble or a Ponzi scheme. In 2022, the NFT market collapsed; a May 2022 estimate was that the number of sales was down over 90% compared to 2021. By September 2023 one report claimed that over 95% of NFT collections had zero monetary value. https://en.wikipedia.org/wiki/Non-fungible_token https://en.wikipedia.org/wiki/Non-fungible_token /s
  • avadodin 2mo ago
    The reason NFTs "failed" is that the "assets" were jpegs with infinitesimal intrinsic value(pre–ai slop) and even less market appeal. We have people wasting money on jpegs and people wanting to own things outside of game inventory screens even today. Something akin to NFTs could still become a part of the economy.
    • d4ng 2mo ago
      Define intrinsic value in a measurable way that does not depend on any specific human’s subjective estimation.
      • ForHackernews 2mo ago
        How many calories do you get when you eat it or burn it. Everything else is down to taste.
      • ASalazarMX 2mo ago
        Is it useful? If not, it has no intrinsic value. It might have emotional value, either by being a memento, something of historical significance..., or something to calm the the dreams for quick, easy, and abundant money.
        • d4ng 2mo ago
          Define useful in a measurable way that does not depend on any specific human’s subjective estimation.
• kdavis 2mo ago
  Donald, is that you?
  • claudiusa 2mo ago
    lol!
• gnfargbl 2mo ago
  Joke's on you, I'm going to do the same thing but only charge $5. Sucker!