Line Goes Up - The Problem with NFTs

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The Problem with NFTs

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Just when you think people can't come up with anything more useless and ridiculous to sell, NFT's become a thing. Farts in a jar have more value. At least you get a jar out of the deal.

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Farts in a jar have more value.

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How can you tell the original from a knock-off?

I agree with *some* of the things he was talking about. Things about crypto communities I don't like:

1) Shaming people who sell (i.e. "paperhands")
2) People calling legitimate questions and criticisms FUD
3) Too many people in crypto blame the victim when someone gets scammed

But yeah, it was meh overall. For a video that's titled "The Problem with NFTs", he spent a lot of time criticizing the crypto space in general.

The comments are overwhelmingly people who hate crypto, and most don't know what they're talking about.

Also, while he's right to criticize the "devs do something" people who always want the team to buy back their own assets, there are a LOT of people who hate this. He made it seem like everyone supports that practice which is untrue.

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How can you tell the original from a knock-off?

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I haven't added any jar farts into my portfolio so sadly I don't have the answer to this. Surely there is some kind of QC in that market that can answer that.

terminology and form will change but coins/nft/dao are here to stay. Some people just don't like nfts which is fine. I dont blame them. my actively managed nft collection is doing fine in a downtrend crypto market. everyone just needs to invest or trade in what they like whether it be RE, stock, businesses, poker, etc.. money is money.

I imagine when Pythagoras was describing the earth as a sphere his fellow Greek baws were sounding similar to the folks in here.