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by slmnsmk 1729 days ago
As financial holdings or blockchain assets they also seem speculative at best to me. I participate, however, because some digital artists are truly truly good; and they are finally seeing success/sales.

Without getting too far into it, the Mona Lisa is of undeniably high quality. But its (is saying “her” gauche?) value is certainly not just a function of quality. Cultural relevance, scarcity, etc. I like that digital artists found a way to participate in the culture and make money. This is why I buy NFTs.

It’s also the most transparent “shill” pump and dump scheme ever. :) The article is not wrong, but there ARE other motivations. Especially on PoS low-electricity blockchain technologies.