This has to be a scam of some sort, but i don’t even see how the people at the top are making money.

  • STUPIDVIPGUY@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    1 year ago

    it’s really not a scam because people know exactly what they’re buying, they just beleive in a crazy backwards concept

    • fubo@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      1 year ago

      If I convince you to believe in a crazy backwards concept of magical water, and I use that to sell you homeopathic “medication” for your actual medical condition, I am still a scammer even if you believe in it.

      • STUPIDVIPGUY@lemmy.world
        link
        fedilink
        arrow-up
        0
        ·
        edit-2
        1 year ago

        But NFTs don’t lie about curing diseases, they claim to be a receipt to a code that’s associated with an image. Which is honestly what they are. The issue is that it’s extremely overvalued but there’s nothing legally fraudulent about that, just consumers who have overvalued a dumb concept. I hate them but I’m just saying it’s not technically a scam