Illuminat3d0ne wrote:Be very weary of nft's
Currently the easiest way to run pump and dumps and coincidently also currently the easiest way to launder money, it has overtaken physical art in that aspect
Masato wrote:Illuminat3d0ne wrote:Be very weary of nft's
Currently the easiest way to run pump and dumps and coincidently also currently the easiest way to launder money, it has overtaken physical art in that aspect
Interesting.
I have tried to understand them, my nephew tries to explain but still can't wrap my head around it lol. He said that people buy and sell them more as stocks not necessarily for the artwork itself but for the potential value to rise. But what is being DONE with the art? No one can see it unless they go to the owner's site?
You can't share them? Or if you can, whats the point in attributing $value to it??
Honestly I know I am old and punchy but I just can't seem to grasp it. I would love for it to be a positive things for artists, God knows the artists have been paid shit for their work the past several hundred years lol. If this could revolutionize the Art world and bring some wealth to talented artists that's great but something seems off about it, don't know
Users browsing this forum: No registered users and 42 guests