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Re:TheNFTbay.org – The Billion Dollar Torrent (All NFT's fro... by fooyc on Thursday November 18, 2021 @09:12AM (#29265561)
NFTs are a scam, but saying that it's because you can download them without paying is missing the point. You could say the same thing about movies, music, games, art.

People in the cryptocurrency community believe that NFTs are used for money laundering. It's also believed that prices are inflated artificially to trick gullible or greedy people into buying them. But the download thing ? It's missing the point.

Re:TheNFTbay.org – The Billion Dollar Torrent (All NFT's fro... by serverholic on Thursday November 18, 2021 @09:20AM (#29265662)
A scam implies someone is getting hurt. Yet I haven't seen anyone getting hurt. You might say that people will get hurt when the bubble pops but people have been saying the same thing about crypto for awhile.
Re:TheNFTbay.org – The Billion Dollar Torrent (All NFT's fro... by Grustaf on Thursday November 18, 2021 @10:18AM (#29266369)
No, that's not it. A scam implies that it's deliberate deception. People being hurt is neither here nor there.

And obviously people ARE getting hurt, but that doesn't mean it's a scam. It's just a crazy bubble.

Re:TheNFTbay.org – The Billion Dollar Torrent (All NFT's fro... by serverholic on Thursday November 18, 2021 @10:33AM (#29266556)
I would say being deceived is also getting hurt…
Re:TheNFTbay.org – The Billion Dollar Torrent (All NFT's fro... by Grustaf on Thursday November 18, 2021 @10:50AM (#29266777)
Yes, a scam hurts people, but not everything that hurts people is a scam!
Re:TheNFTbay.org – The Billion Dollar Torrent (All NFT's fro... by serverholic on Thursday November 18, 2021 @01:08PM (#29268512)
This is true. People gamble on the stock market all the time, yet nobody would call it a scam.