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A comment on NFT projects are just MLMs for tech elites. Parent comment

Re:NFT projects are just MLMs for tech elites by chollida1 on Friday October 01, 2021 @06:54AM (#28716796)
The one thing that gets lots in the card analogy is that 99% of cards will get destroyed and the ones that are left will mostly get damaged.

This increases scarcity in a way that just can't happen for NFT's, what would it mean for an NFT to get damaged corners?

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Re:NFT projects are just MLMs for tech elites by hanklazard on Friday October 01, 2021 @08:28AM (#28717570)
It’s thought that something like 20% of BTC are “lost” (1) (ie, private key is lost). This will certainly happen to NFTs as well since people will inevitably fail to back-up their wallets.

1. https://static1.squarespace.com/static/5d580747908cdc0001e67...

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