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A comment on Tether starting to lose its peg too, after Terra did. Parent comment

Re:Tether starting to lose its peg too, after Terra did by bratwurst3000 on Thursday May 12, 2022 @08:48AM (#31353264)
You are aware that nft are a link stored in a database and not the picture or whatever. The picture is on a server and can be deleted.. btw did happen en mass.
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Re:Tether starting to lose its peg too, after Terra did by matwood on Thursday May 12, 2022 @09:51AM (#31354173)
Yes. In my example it's not about what the NFT points to, but who signed/minted the NFT itself. That's why I used a celebrity signature as an example.

NFTs are worth nothing to me, but so are celebrity signatures. That doesn't mean they are generally worthless b/c people collect all sorts of stuff.

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