General Discussion
In reply to the discussion: NFTs aren't art -- they're just the Cult of Crypto's latest scam [View all]DVRacer
(707 posts)All crypto has become is a multilevel marketing scheme and NFTs are an offshoot to bring in fresh dollars. They wrap it up in buzzwords to hide what is really happening. Part of it a big part is the 5% wanting to become the next 1%. You dont really understand anything because thats a feature not a bug. Keep in mind the players behind the scenes are the same ones that preceded the crash in 2008, Wolf of Wall Street and Winkelvoss twins are near the top.
We nod and go along with all this because we fear looking stupid, you are not stupid it looks like a scam because it is a scam. The only way to make money is to find someone else to pay more than you did there is zero value in the thing itself just the idea it could be worth more later if someone else will buy it from you.