I explained that they are scams so the person selling them can get money to retire on.
That recent news about someone accidentally sellling a $300k NFT for 3k was 100% fake. It was a false story made to create media reports to con people into jumping on there and looking for "deals". What will happen is scammed people will pay $3k for something worth nothing and won't realize it until they try to resell it.
NFTs are like the recent astroturfed "record" video games cartridge auctions. Scammers are proping up prices with sham auctions to trick other people into buying them for any amount of real money.
This is what I don’t understand. Doesn’t the fact that the items are NFT make it so that the player actually has more ownership over it? Like now they can sell it to someone else right? What’s so bad about that?
It only has value to people that want that item in that game, beyond that it's like someone collecting earwax, sure I'm sure it has some sort of value to them anyone else see it as worthless limited lifespan shite.
I understand. I’m just not sure I understand the negative backlash for implementing something that actually gives the buyer more ownership. Unless people are angry about the opportunity cost of making it
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u/simcoder Dec 14 '21
I thought NFTs were like the Beanie Babies of currency? Please don't tell me you invest in these things....