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Ok, I'm a tech guy but can some one explain why NFTs
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Ok, I'm a tech guy but can some one explain why NFTs


Apr 29, 2021, 8:58 AM

Are selling so high?

Computer images.
Idgit

2024 white level memberbadge-donor-10yr.jpg2005_majors_champ.jpgbadge-ringofhonor-xtiger.jpg flag link military_tech thumb_downthumb_up


Much like lumber, these stimulus checks are just driving up


Apr 29, 2021, 9:13 AM

the prices of consumer goods like NFTs. These lazy millennials sit around collecting unemployment, $1400 stimmys, welfare, etc then save up $225k and buy a digital picture of Trevor Lawrence. I would put this squarely on Biden's shoulders, not to get too political.

2024 purple level memberringofhonor-greenr.jpg flag link military_tech thumb_downthumb_up

Something along the supply/demand continuum***


Apr 29, 2021, 9:17 AM



flag link military_tech thumb_downthumb_up


A ticket to the Nave Fathews Tand is worth every penny***


Apr 29, 2021, 9:37 AM



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“Anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that my ignorance is just as good as your knowledge.” Isaac Asimov
Panta Rhei Heraclitus


same here***


Apr 29, 2021, 10:12 AM



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If she's a hollerer, she'll be a screamer.
If she's a screamer, she'll get you arrested.


They're inventing pyramid schemes left and right


Apr 29, 2021, 10:18 AM

these days. Whatever you can find to inflate money and create value, and defer income, expend zero labor..... It's not just stocks anymore. Crypto, NFT's, real estate, whatever. It's a very large and dynamic bubble, and it's expanding with crypto, stonks, real estate, digital files, ANYTHING that can be assigned a value and appreciate. As long as it catches on, and some people make a killing, the money floods in, and it builds on itself. People ride that up, then sell and find something else to ride up.

I mean why work? Take your money, invest in schemes, ride values up, sell and take a profit and pay less in taxes on that than if you worked to earn it to begin with.

This doesn't end well.

2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


Hey this sounds just like capitalism.***


Apr 29, 2021, 10:37 AM



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