Mastodon Feed: Post

Reblogged by jsonstein@masto.deoan.org ("Jeff Sonstein"):

mhoye wrote:

I think it's important to recognize that NFTs served their purpose, that being as a mechanism to transfer wealth from the desperate to the rich, and once they passed some threshold of useful inflation, to facilitate money laundering.

https://www.newscientist.com/article/2406198-nfts-died-a-slow-painful-death-in-2023-as-most-are-now-worthless/