yeah, those aren't actually mutually exclusive. but I enjoy the idea that NFT people are essentially claiming to have effortlessly resolved one of the thorniest existential questions in philosophy by choosing an answer that makes them money today.
this isn't a ponzi scheme. A ponzi scheme is where you pay old investors with new investors money. This is more selling magic beans on the side of the road to everyone stupid enough to buy them
Every cryptocurrency ultimately amounts to paying old investors with new investors money: PW because early blocks are easier to mine, and PS because that's literally what defines a 'stake'. NFTs are just kind of a side bet on the base Ponzi scheme.
yeah, those aren't actually mutually exclusive. but I enjoy the idea that NFT people are essentially claiming to have effortlessly resolved one of the thorniest existential questions in philosophy by choosing an answer that makes them money today.
That's fair, there's no limit to how much NFT people need to be dunked and/or shit on
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but would they be dead before or after they reappear at the center of the earth?
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Twice
this isn't a ponzi scheme. A ponzi scheme is where you pay old investors with new investors money. This is more selling magic beans on the side of the road to everyone stupid enough to buy them
Every cryptocurrency ultimately amounts to paying old investors with new investors money: PW because early blocks are easier to mine, and PS because that's literally what defines a 'stake'. NFTs are just kind of a side bet on the base Ponzi scheme.