Re:Bill Gates says crypto and NFTs are based on 'greater foo...
by 2022whoknew2 on Wednesday June 15, 2022 @08:28AM
(#31751951)
It is mathematically a subset of greater fool theory. But so is gold, diamonds, Bugatti supercars, etc... however beautiful women(or men) are attracted to the latter. The former are usually unattractive, especially if you're trying to explain why they're attractive
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Re:Bill Gates says crypto and NFTs are based on 'greater foo...
by JoachimS on Wednesday June 15, 2022 @10:52AM
(#31753812)
As Gates probably would have noticed (considering he is comparing to a farm and company producing products), gold and diamonds have utility value outside the value people are giving to it. One could argue that a Bugatti have a utility value too.