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The funniest thing about NFTs is all the real companies that fell for that shit (hexbear.net)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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The most obvious stupid scam ever conceived and they actually managed to hook a bunch of actual corporations

Square Enix, Nickelodeon, Coke, KFC, and more fell for this shit while regular people were laughing about how obvious a con it was.

Really puts into question the capitalist myth of the genius entrepreneur and the idea that these corporate types are rich because they are smart or deserving in some way.

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[–] [email protected] 6 points 1 year ago

an nft is someone using crypto to write on a ledger that you own a link to something like an image. basically if you paid me $10 to write down on a piece of paper that you owned the mona lisa that would be an analogue nft. It's non fungible because if I wrote down that you owned the mona lisa and also that you owned a portrait of the artist as a young man each note would refer to you owning the specific painting

cryptocurrency is the answer to the question what if you wanted to buy gold but were also an idiot