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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.
(markets.businessinsider.com)
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this post was submitted on 21 Sep 2023
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Bored Apes Yacht Club is run by nazis prove me wrong
Don't know, don't care. NFTs are a scam, and that's enough reason for me to avoid them. Well, that and the art is fugly.
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What happened to the influencer guy. He started out selling alcohol or something and then had random videos where he bamboozes someone doing a house clearance and got excited for making 36 dollars off a box of toys, then went on to shill the ever fuck of fungible tokens, it's the future.
Gary z? Gary V?
Don't spread knowledge of grifters, the sooner they fade out of collective memory the better. The opposite gives them views and helps them.
shocked Pikachu
not f'n there
Yes, I do remember when Russia came up with a new money laundering scheme after crypto died out.
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I will sleep well tonight.
*Are
I'm just gonna plug The Great Crash 1929 by John Kenneth Galbraith. Really clear, funny, sarcastic writing that is highly relevant here. The kind of economics I wish there was a whole lot more of; the Samuelson program with its assumptions of rationality and perfect knowledge has been a disaster.
Free at
https://static.fnac-static.com/multimedia/PT/pdf/9780241468081.pdf
Mackay's Extraordinary Popular Delusions and the Madness of Crowds is also a great on-topic read:
https://www.gutenberg.org/files/24518/24518-h/24518-h.htm
The chapter about asset bubbles obviously, but there's also a chapter about the historical catchphrases of London that shows that circlejerk shitposting has always been part of humanity... Yesteryear's "What a perfectly dreadful hat" is today's Stroganoff.
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"Now"?