NFTs, is it any wonder that in a country...

[edhopper]

...that thought these were investments in Art would also elect Trump?

Do we need any more evidence of how wrong the "serious people" could be than those who defended this scam? (it even had advocates here)

[bucolic_frolic]

1. Many minds are gone, they'll believe anything

It's like Tulip Bulb Mania that has spread in a cancerous way.

All revolutions have a Reign of Terror that ungrounded robots will accept without question.

[edhopper]

2. At least Tulips were real.

You can even still get $10 for a beanie baby.

NFTs were literally buying nothing, a bit of code that can be copied a million times.

[bucolic_frolic]

3. That's a point not to be overlooked. Sell the sizzle and not the steak. /nt

[Redleg]

4. Another example of mis-placed capital

We used to invest in small business start-ups but now we place bets on whether a certain event will happen or not happen, or on some stupid shit like NFTs, which have little intrinsic value.

[edhopper]

5. That's the Ultra Rich

they are so rich they don't have to invest in small businesses that would help us and give them a return. They would rather spend hundreds of millions on yachts and art.
But they will starve the government for a 2% tax cut.