Re:TheNFTbay.org – The Billion Dollar Torrent (All NFT's fro...
by nefitty on Thursday November 18, 2021 @11:18AM
(#29267143)
The best analogy I've heard is, "Imagine you spent $1,000 for a painting. Now, instead, imagine you spent $1,000 to buy the receipt."
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| on HN ]
Re:TheNFTbay.org – The Billion Dollar Torrent (All NFT's fro...
by ASalazarMX on Thursday November 18, 2021 @12:21PM
(#29267909)
And any other person can have an identical painting, but without the receipt.
NFTs are a scam to introduce artificial scarcity and make someone else pay for it. The "art" (speaking of the picture in the root comment) hardly has any value itself.