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by chiph 1670 days ago
> Two years from now it is entirely possible that MOMA's NFTs are entirely worthless

I was trying to think of a good way to include this thought. The scenario I had in mind was that Bob turned out to be really good at keeping his servers running, while MOMA had a data center crash and bad backups, and so lost the way to prove their NFTs were issued by them. So Bob's became worth more because they were the only ones that were traceable to their origin.

> Both could be entirely forgotten tomorrow as it turns out that people don't care about art NFT and it turns out that COVID variant NFTs are the thing that has staying power.

NFTs turning into this decade's Beanie Babies is a real possibility.

https://en.wikipedia.org/wiki/Beanie_Babies#Collectibility