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"Lmao at NFTs" - Person who spent money in MTG cards
(hexbear.net)
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this post was submitted on 02 Aug 2023
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It's stupid to spend that much money on cardboard but also nobody is forming gargantuan obnoxious communities about investing in MTG cards, and MTG is definitely less of an environmental disaster than NFTs, and almost certainly has less impact than just the packs of cards for Vegas
well kinda… the first crypto exchange Mt Gox used to be MTGOX - Magic the Gathering Online eXchange.
I mean, the guy bought the domain after coming up with a dumb idea to let people trade digital MTGO cards through his platform like stocks. But he gave up after a couple months because that shit was dumb and nobody wanted that. So he just reused the domain like 3 years later.
They are less of an environmental disaster than NFTs, but people for sure use them as an investment vehicle, look the Reserve list, basically a list of cards WotC pinky promises they will never reprint to not impact the secondary market by tanking the value of the cards