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From millions of dollars to under a grand: The dramatic fall of the NFT (english.elpais.com)
submitted 8 months ago by to c/technology@lemmy.world
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[–] 67 points 8 months ago (7 children)

I found value in shitting on people buying them. $0 monetary gain, but at least $10 in schadenfreude.

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  • [–] 47 points 8 months ago (4 children)

    I trolled people by setting their NFT as my avatar in the chat rooms they were in. Im going to value that at $100.

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  • [–] 16 points 8 months ago (1 child)

    Better hope they don’t sue you for copyright infringement.

    /s

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  • [–] 5 points 8 months ago

    My favorite bit was how basically none of the NFTs included copyright ownership. Like, if it was a quick and easy way to publicly deal in copyright ownership, maybe pointing to a .gov site showing the transfer of ownership to the holder of that specific nft then it would actually be useful and maybe even worth something. But nah, they were treating digital assets like physical paintings and hoping rarity of an infinitely copiable object was value.

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  • [–] 8 points 8 months ago

    I've been watching a lot of Antiques Roadshow clips and I imagined one of the appraisers doing a valuation of your shenanigans.

    "You bought this magnificent piece sillyness when and for how much?"

    "oh I just copypasted it to my profile for no money at all"

    "Well that was very good deal indeed, because on in todays money the entertainment value alone is in the hundreds of pounds."

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  • [–] 10 points 8 months ago (1 child)

    Putting a dollar figure on your schadenfreude? Do you want a block chain based "prediction market" for schadenfreude? That's how you get a block chain based "prediction market" for schadenfreude.

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  • [–] 4 points 8 months ago

    Yes, as long as I'm on the receiving end of the pump and dump. In the end, I'll only be taking money from people that clearly have too much. I'll donate some to some good charity so it's not a bad thing

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