Read on Twitter
common thing I& #39;m seeing:
person A: doesn& #39;t know what an NFT is
looks it up, reads accurate description
A: that can& #39;t be right, that sounds like complete bullshit. I must be missing something.
dear reader: you are not. it is bullshit.
person A: doesn& #39;t know what an NFT is
looks it up, reads accurate description
A: that can& #39;t be right, that sounds like complete bullshit. I must be missing something.
dear reader: you are not. it is bullshit.
this is what an NFT is.
I walk into a gallery and ask to buy an NFT of a painting.
I pay the asking price and they print a fancy receipt and give it to me. also the receipt printer uses more electricity than a small town.
they keep the painting. I just get the receipt.
I walk into a gallery and ask to buy an NFT of a painting.
I pay the asking price and they print a fancy receipt and give it to me. also the receipt printer uses more electricity than a small town.
they keep the painting. I just get the receipt.
& #39;why the fuck would anyone pay for a receipt?& #39;
because it& #39;s a scam. they want you to think the receipt is valuable because it& #39;s the only one in existence, and you can resell it for more than you bought it for.
& #39;who the hell is buying receipts?!?& #39;
the people running the scam
because it& #39;s a scam. they want you to think the receipt is valuable because it& #39;s the only one in existence, and you can resell it for more than you bought it for.
& #39;who the hell is buying receipts?!?& #39;
the people running the scam
oh I forgot
a lot of the time the artist may not even know their art is hanging in the gallery and didn& #39;t consent to having planet-destroying receipts made of the & #39;sale& #39; of their art
a lot of the time the artist may not even know their art is hanging in the gallery and didn& #39;t consent to having planet-destroying receipts made of the & #39;sale& #39; of their art
at least with tulip bulbs you get a pretty flower.
i see a lot of people in the replies asking follow up questions. they can all be answered with & #39;it& #39;s a scam& #39;
& #39;why use blockchain?& #39; it& #39;s a scam
& #39;why not give $ directly to the artists?& #39; it& #39;s a scam
& #39;how can you make something digital unique?& #39; wait for it... it& #39;s a scam
& #39;why use blockchain?& #39; it& #39;s a scam
& #39;why not give $ directly to the artists?& #39; it& #39;s a scam
& #39;how can you make something digital unique?& #39; wait for it... it& #39;s a scam
