NFTs are uncool

[TSA]

Pretty dumb fucking idea. What's worst is, for some reason, the art sol as NFTs is universally shit. None of it is good or not embarassing. It's sole value is hoping someone is dumb enough to 'buy' your shit picture in the hopes that someone is dumb enough to buy it from them. It's literally what ppl don't like about pyramid schemes because the parasites in those at at least try to go to jamaica

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look at the stupid shit people are 'investing' in



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[Dooch]

It’s another fad racket. Some tech bro tried convincing me how it’ll be applicable to EVERYTHING we do.

Probably certain people will make some money more will lose some and then there will be the next con to take its place.

[ShaDynasty]

Ghostface is selling his unused lyrics from the 90s as an NFT.

Its money for old rope.

[Rev Jones]

I understand digital ownership of a historical item but horny panther pics are nuts.

I see how fans would buy Ghost lyrics. Hell I paid $200 for a verse Warcloud wrote on a piece of paper in the studio and recorded.

So indeed, money for old rope. But I can see why. People want to establish a relationship with a passion or historical event. If you can't rap, own a verse.

Making people joint owner of one NFT item (1,000 owners for one NFT Ghost verse or something) has the supplier raking in the cash.

Furry pikachu pics go back to the 1634-1637 Dutch tulip mania, the first speculative bubble in history, and will make people dumb enough to purchase them lose boatloads of cash not even ten years from now. If it's speculative value only and not grounded in history/personal passion it'll sink in the (not so) long run

[Blackula Spectacula]

I can never understand why anyone would want to pay money for that, what a waste of money.

I should get into this though...hmmm.

[TSA]

Whoever's advising ghostface business-wise is an absolute clown.
@Lee, there's a difference between buying something that has meaning to you as a fan, and buying literally shit from a hole someone made 7 seconds before you saw it. If you're buying Warcloud lyrics you know it has value to you. You also know there are other warcloud fans (19 of them). If you wanted to buy it as an investment, you would bank on the value warcloud has to society and the value and meaning warcloud has to his fans. Of the 19 ppl that listen to warcloud, 1 might be interested in buying it because it has meaning.

Then you have this scam where people convince other people that all nonsense ever created on the internet has this exact same dynamic with the concept of valuation. Then this cult arises where people buy total garbage from people whose names aren't remembered the next day on the hopes that someone else will be dumb enough to buy it for more. It's literally a pump and dump scam.



Anyone that tells you about how something is 'the future' is usually a clown. I had my phase of being a similar type of clown and I can tell you from lived experience that said people are goofballs.