Re:OpenSea product chief accused of flipping NFTs with insid...
by vkou on Wednesday September 15, 2021 @06:34PM
(#28545252)
> There is nothing fundamentally useful about a single NFT so far.
If NFTs were useful, they'd be securities, and would be regulated by the SEC.
The entire point of NFTs is that they are naked, useless, purely speculative instruments. It's a big blackjack table, except unlike in Vegas, the house has an edge.
If NFTs were useful, they'd be securities, and would be regulated by the SEC.
The entire point of NFTs is that they are naked, useless, purely speculative instruments. It's a big blackjack table, except unlike in Vegas, the house has an edge.