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by xwolfi 1856 days ago
Nah, it's a common story. When electricity and physics-based innovations started in France, people were so enamoured with novelty they started believing in anything remotely associated.

Hence magnetism and homeopathy, still limping along to this day, came to have huge amounts of followers. "if you can turn on a powerful light at night, surely you can cure with magnetic fields coming out of your hands".

Here is the same, if you can store value simply by convincing each other without central authorities (bitcoin), surely you can explore it to its conclusion with NFTs. Ill remind you that before the 2017 crash, we were already seeing joke tokens, it just disappears once the hangover starts.

1 comments

> if you can store value simply by convincing each other without central authorities (bitcoin), surely you can explore it to its conclusion with NFTs

Cryptocurrency has actual value though. I don't think bitcoin has any inherent value, it's just famous because it came first. Technology like Ethereum and Monero are extremely valuable though. They aren't made up tokens that do nothing.